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After working on that rental property for over a month and a half, I needed to take a break. The year is coming to a close soon, and I’ve been planning for 2025. I genuinely want 2025 to be the year with the most growth for me. I mean that in every aspect of my … Read more
Rental property #2 I haven’t posted in a while but I have been active. The house is pretty much ready to rent out. I already have some tenants that want to move in mid December. This weekend I will be writing up the lease and getting together their welcome sheet. I got this idea of … Read more
I stopped posting my daily updates because I’m pretty much already at the end of the house. I have a few minor things to do on the house, but it’s clean enough to advertise now. Im trying to rent it out for 2100 right now, it seems like it’s a bit difficult. I’m not really … Read more
Overall, today seems like it shaped up to be a pretty good day. Nothing extraordinary happened, but I think things are starting to look up. The house is almost ready. My mom and I went over there to start cleaning and finish up the last bit of things that we need to do. I’m hoping … Read more
Im falling behind on posting so I’ll put these 2 days into one post. Day 14 was on Sunday, November 10th, and Dat 15 was on Monday, November 11th. Day 14 This day was a good day because we are down to the final small details of the house. The plan that I had set … Read more
On Day 13 it was November 9th, which is my moms birthday. I wanted to spend this day with family as apposed to working. So the only thing I came to do was sand the drywall, and paint the front exterior of the house. Hours worked: 1.5 hours Total hours worked: 73.5 hours
Day 8 Goal: to finish painting all the rooms and add wood filler to the exterior of the house What actually happened: I’ll say that I was satisfied with the Monday. I did not get a chance to seal the exterior but I’ll end up doing that later in the week. I might still need … Read more
Ok! Again, we ran into probable a while trying to finish a simple project. Today we were supposed to change the fence, but we kept running into problems and couldn’t get finishing putting it up. There were 2 main issues that slowed us down. The first was that the there used to be a huge … Read more
Coming into this rental turnover I set a budget of $2700 to restore the house into an acceptable rental. As of today, 11/3/2024, I have spent a total of $1297.54 Cost break down: While that looks like I’m still under budget, I still have not added the cost of paying the mortgage. That’ll be another … Read more
I once saw a video by Alex Harmozi where he was simplifying different kinds of business models. I believe the video was titled “10 ways to make a million dollars”, or something of the sort. One of the ways that he said you can make 1 million dollars was by borrowing a million dollars and … Read more