What Day Is It?
Monday, November 03
Oops! I made a potentially big mistake today. I thought that the Section 8 inspection on one of my 3 bedroom apartments was tomorrow. Therefore, I planned to spend part of today checking that apartment and fixing anything that needed to be done to pass the inspection. After picking up a few rents...
Caveat Emptor!
Saturday, November 01
One of the advantages of being a landlord is that you grow to be extremely skeptical. Tenants lie - early and often. Applicants lie about their background, jobs, and even their names. I have become so cynical that I just assume all rental applicants are lying until proven otherwise (and most o...
New Rehab
Wednesday, October 29
I've started my next project, which is the rehab of a 3 bedroom apartment. This apartment was in a building that I bought more than a year ago and I have never done anything with this apartment. In reality, this apartment is a little more complicated than that. When I took this building over, thi...
A Talk With My Banker
Wednesday, October 29
I had a meeting with my banker yesterday. The purpose of the meeting was to take a financial statement and tax returns to the bank, which is required each year when you have commercial loans. While I was there, I asked the banker a lot of questions about the banking industry in general, and this ...
Insulation Complete
Monday, October 27
After a relaxing 3 day weekend, I was back to work today. I started the morning with a trip to the 2 bedroom house to meet with the government contractor that is weatherizing my house (for free - thank you taxpayers)! They finished up this morning by blowing the insulation in the walls and doing ...
Brush with Socialism
Saturday, October 25
After my Brush with Socialism over the past couple of days, I needed a break! Therefore, I took yesterday off to help my nephew get his car running. The car is an interesting story and is actually real estate related, so it ties in well with this blog.My sister and brother-in-law are also in th...