Another one gone
Friday, November 22
Non-paying tenant number two has seen the error of her ways and will gone on Monday. This is how it goes, all conversations via text... 11/6 Where's the rent? Well, my hours were short but I'll have it on Monday. 11/12 Where's the rent? I have it, mailing tomorrow, thank you for u...
Slumlording...
Friday, November 15
I was was talking with our banker about our plans for the cash-out refi. In the normal course of this conversation I explained that I was planning to use a portion of the cash to continue interior renovations. He looked at me, a bit oddly, and politely told me that most landlords in my areas...
Cash-Out Refi
Thursday, November 14
Almost completed my cash-out refi of the duplex project today. Almost, because for some reason, the actual cash hasn't been deposited in my account yet... But it will be, very soon... then I can start unwinding some of the crazy stuff I did to get the duplexes in the first place. Which matter...
True Rent Story...
Monday, November 11
Not a great month for collecting the rents but I at least have a vague sense of what's going on with 7 of the 8 tenants. 5 are paid as of the 8th (not exactly over-achievers, are they?), one is on a twice-a-month plan and not quite due yet, one has made assurances of when rent will be sent, wit...
Duplex Walk Through - Trouble in Paradise
Wednesday, November 06
This is one for all the people who have trouble with contractors... I use a guy as a general handyman and he's sort of ok, does good tile work and can fix most things but is a little too fond of saying "it's just a rent house." I take that world view as an insult and we've talked about it...
It's rent time again :-)
Tuesday, November 05
November 5th - 3 rents... one tenant called, will be late... 50% compliance - just makes one want to 'pinch their little heads off' as they say around here. On to more positive things, my bank cash-out re-fi has been approved so we'll finalize that next week and I'll summarize the tota...