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Long Break

May 26th, 2009 by Kenric

This may have been the longest break from blogging I’ve had.  I was in Maui for a little over a week.  Honestly, I think that 3 days of Maui was enough for me.  I’m not really a beach guy, but at least they had different color beaches there.  The only color beach I didn’t get to see was a green sand beach.

I saw a bunch of waterfalls, but after a while a waterfall is a waterfall.  I still think that Havasu and Mooney Falls are both alot prettier.

I was able to fulfill orders and answer customer emails at night.  Every place we stayed had free internet access, even in Hana!

So what’s new?

SLC Townhome

I found out that I had been paying my tenants’ electricity bill for 3 months in SLC.  I had an empty SLC townhome which I was paying the electric bill while it was empty.  As you know, that townhome got rented on May 1st so when I got another electric bill I noticed.  I found out that my tenants in my other SLC townhome had cancelled their electric on Feb 9th.  The electricity reverted back into my name and I was unknowingly paying it.

Now, here’s why I was paying it.  The bills were only $23-$27.  I had just assumed that this was the monthly bill for my empty unit.  After looking closer, my empty unit was at $6/mo only.  Now I don’t understand how 3 girls living in a 1500ft place can spend only $23-$27 a month on electric!  Electricity is apparently very cheap in SLC.  I told my PM about this and the tenants have put the electric back into their name and are going to pay me back.

Also, they are leaving on June 30th, so my PM needs to find new tenants!

Chicago Condo

I got my Chicago condo rented again, thus keeping my streak of no vacancy days ever.  I had to lower the rent by $75/mo.

Every time I rent out this condo I get mad at my HOA.  The fees are just criminal and if I ever move into this condo I’m going to run for the board and shake up the place.  I have to pay $100 for a new tenant application which includes a shit load of paperwork.  Then I spent $15 on photo copies and another $5 to send them the application.  I wish I could bill them for my time.  On top of that, there is a $200 elevator rental fee for move-in and move-out.

Peoria House

Finally got the loan mod package.  Unfortunately, I can’t talk about it on here.  They offered to drop my payment by 60%!  However, there are alot of strings attached and it’s unclear as to whether this mod is for my 1st mortgage only.  It states nothing about the 2nd mortgage.  I’m also not sure if it includes escrow and taxes.  It’s also not clear if the missing interest will be added to your balance.  You are also required to send in a bunch of financials.  It feels just like you are getting a new loan.  I have so many questions about it.

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