The Story Unfolds

Well, now we know why our property management LLC wasn’t approved by my broker and her husband. I got a call Thursday (sorry, forgot to tell you because of the Quadplex 1 debacle) from my broker’s husband. He was calling to let me know they’ve decided to open their own PM business beginning May. He’d [...]

Closing Today? Yes, Maybe So,…No

No, we didn’t get to close today on Quadplex 1, though I tried my best. I got our lender to scramble and get everything ready for a 4pm closing today. And, the closing person at the title company hurried to get all the pieces together for 4 o’clock today. But, the seller couldn’t get the [...]

Friendly Competition

Considering we’re counting down the days to the Quadplex 1 closing on Friday, I probably had every right to be concerned this morning when I received a voicemail this morning from the Vice President of the lender (the SECOND lender I’ve tried) letting me know, “There’s a problem with your loan.” That’s pretty much all [...]

Yawn

Well, it’s about 7:51am. I’ve been awake ever since about 7am, when Michael starting moving slower and slower to push the snooze button on his alarm every ten minutes. Normally, I don’t wake up this early. So, forgive me if I am incoherent at all.
Well, folks, the property management gig is a no-go. I was [...]

PM Redefined As "Possibly Maybe"

I heard from my broker’s husband about the property management LLC I had our attorney create for us. He finally sent it to his attorney for discussion. He decided he’s OK with the way the LLC is written. BUT, he now wants me to send him a business proposal–as in, HE WANTS MORE MONEY. He [...]

My Brief Visit to The Soapbox

Something that a wonderfully written person said in response to my last blog entry got me thinking. I know there are many, many Kiyosaki fans out there. In my line of work, I do encounter quite a few who believe very similarly about certain things–such as having a “team” of professionals on your side. Yes, [...]

So Frustrated I Could Cry

It doesn’t take much for me to get frustrated. I’m past the point of frustration now, waiting on my broker and her husband to deliver a decision to me regarding the LLC papers I had our attorney draw up for our potential property management business. She told me this week that she’s trying to figure [...]

I’m Ready for House 8 To Be Done!!!

Today and yesterday, I barely had time to take a shower before I had to run out of the door! I finally found a plumber I really like. I hired him for the House 8 rehab (full, complete, all systems remodel is more like it). He said he had two other big jobs ready to [...]

Calling All Investors!

Well, I’ve definitely got my work cut out for me on this listing. For me, though, it’s pure joy to be working on something like this! Here are more details I’ve gotten from the seller of those 17 NICE duplexes….
They are seriously within short walking distance of the intersection with the highest traffic count area [...]

A $4 Million Listing!

Thanks to a very cool new friend of mine, I have a shot at listing several duplexes (probably totalling somewhere around $4 million) for sale! These are nice duplexes in the hottest area of Tulsa. They have averaged rents of $850 per side, but are beginning to fetch rents from $975 to $1000 per month [...]

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