It's been a wild and crazy February and March looks like it will be no different ...
House #1: Tenant
This is a long story, and I don't have the time to write every detail. Basically, she wanted out, we had her sign a letter stating some conditions to break the lease, she signed it, she then reneged on it, the old lease went in affect, and she abandoned the place. A few days later, we get a letter from her basically saying she DIDN'T abandon the place, and if we try to contact her she'll sick her attorney on us for harrassment, etc. LOL!
House #1: On the Market
I put House #1 back on the market after tenant bolted. Thankfully, she didn't do any damage to the place, but it still needed about 5-6 hours of cleaning, which I finished over the weekend. We put it for both sale and rent to capture both audiences.
House #1: Prospective Buyer
Not two days after putting the signs in the yard, I got a couple interested in buying the place. The wife fell in love with the views and large backyard (which is what I try to emphasize in my marketing). I showed them the inside of the house and they wanted it even more. All this while I was still only about 1/4 way through cleaning the place. I called the wife last night and she says she and her husband were filling out a contract offer as we spoke. I'm going to try to meet them either tonight or tomorrow night to iron out the details. They said they aren't using an agent, and neither am I, so I'll save over $8,000 in commission fees, which I MAY use as leverage in the negotiations.
The Big Why?
This is the thing I'm really trying to find now. For the last 3-4 years, I've always had a notion of why I want to do REI, but never had a vision of it. I think this is the piece I've been missing (and it's a REALLY BIG piece). I got the book Getting Things Done by David Allen, and it has really opened my eyes on a few things I've been seriously neglecting. I'm only about 1/3 of the way through and I'm already feeling a since of change - upliftedness - in my psyche. A lot of things are going to happen in the next 30-45 days (I hope) and these changes will lead to bigger, and, perhaps, better things in my life.
Monday, March 03, 2008
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4 comments:
Steve,
I'm glad your hiatus didn't last long. Please keep posting. I enjoy reading your blog.
Thanks jonathan. I'll probably keep posting, but it will be a lot less frequent, I'm afraid.
Yikes! I didn't know you were still around, Steve! I think I must've gathered that you entered early blogging retirement.
Glad to hear you're not gone!
Good to know that you opened your eyes on a few things you've been seriously neglecting. The book helps you to realize those things...Just continue posting and sharing your ideas about real estate investing...
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