Early Days, Financing
Thursday, May 16
When I first heard about this opportunity I discussed it with the banker. I use a portfolio lender and have all of our properties and a line of credit through this community bank. We also financed our personal home through this bank so they really know our business. The banker is a totally on-bo...
Phone Calls and Patience
Thursday, May 16
At this stage of the game it feels more like I should invest in a phone company...Title company "seller says that we're mistaken, they didn't agree to the mortgage."Me (inside, OH S*%$)... outside "well, that's a little unexpected, let me call someone and see what's going on"Seller - "maybe you s...
Structural Engineer
Monday, May 13
Pulled the trigger today on inspections, appraisal, insurance, title work etc. Having some trouble finding a structural engineer and the appraiser "didn't get my email." Right. After a very early morning flight and a morning of phone calls in a Chicago coffee shop, ready to pack up the compute...
Day Two
Sunday, May 12
It's a Sunday and not much can be done but scheduled my handyman to walk through with me, chose a company name and created a domain. I do our current company on Blogger but I think it's time to get a little more sophisticated.All those actions are, of course, time fillers whilst I wait to get so...
Contracts Signed!
Saturday, May 11
Took the plunge and signed contracts on a multi unit today. Naturally, I am leaving town on Monday and will be gone all next week so had to FedEx the docs and earnest money check 2 miles to the title office. Once my significant other quit joking about tying a rock to it and throwing it, we fill...