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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
Today I went to my rental after work. It is a Saturday but it is my weekend to work, so instead of going straight to the house like I would’ve liked, I had to make sure I took care of things at my job first. Today’s job was to paint. For 4 hours all I … Read more
This is based on last months numbers because during the beginning of the month I have to wait for all the accounts to settle as I receive rents, move money in between accounts, and pay expenses. Networth excluding Real Estate: 56,973 Real Estate Equity: 226,827.5 Total Networth: 283,800.5 Personal analysis My Networth has not increased much … Read more
Day 4 at rental turnover Hours worked: 3 hours Total hours on rental: 26.5 hours Day 5 at rental turnover Probably the most productive day I’ve had at the house so far. I’m proud of this work. For 2 rookies (my stepdad and I), this looks pretty good. I then spent the rest of the … Read more
I went to work in the morning after getting a workout at the gym. It seems to be getting a more and more difficult to get into the gym when I get swamped with my projects. Im clocking into this rental at 5 pm. I’ve wasted about 40 minutes in between looking for a hose … Read more
This was day 2 since I came in and started working on the rental property. Now that I think of it, it’s actually day 3 because I had came in sometime last week to prime the walls before painting. The goal was to finish properly securing the sliding glass door to the walls and to … Read more