Archive for March, 2006

Update on Condo 2 & 3

Sunday, March 12th, 2006

The buyers and inspector came and inspected the units last Friday. I got the inspection report 4 days later and it had some relatively minor things: Condo 2- Fix tub faucet that was leaking Fix flashing on roof on balcony Rewire exposed AC unit wires Condo 3- Change P-traps from metal to plastic Fix flashing on roof ...

New numbering system

Wednesday, March 8th, 2006

I had to go back and re-number my properties since I was even confusing them myself. Condo #1 - Pre-construction by Northwestern University currently rented, neg. cashflow Condo #2 - Scottsdale, AZ, for sale, under contract, rented to Section 8, postive cashflow Condo #3 - Scottsdale, AZ, for sale, under contract, tenant moving ...

New construction SFH #2 is almost done

Tuesday, March 7th, 2006

I finally began the loan process for New Construction SFH #2 which is scheduled to be completed in April. As far as paper profits go, this one is by far my best pick, but I have to hold it one year and live in it. Comps show the home value ...

Alot of new stuff but can’t say much

Tuesday, March 7th, 2006

We are still in the inspection / negotiation period of the sale of my condos so I can't post the details here. Things are looking promising... I'm writing everything down, but I won't publish it after after closing, just in case the buyers happen to read this. I've had a few ...