Life updates - Property Investments, vacations, and more
What an awesome summer!!!
I have so much going on this summer and yet a fair bit of quiet time. Working at Appointlet has been amazing - loving it! The work, the people, the environment (and by the latter I mean working from home). I knew, when I left New Relic, how unhappy I was with that gig - but it wasn't until I was working at Appointlet that I realized how bad it had become. Basking, I am.
I have been working my ass off on getting into some property investment. I have been going back and forth (via my agent) with a bank on a foreclosure over in Connecticut. Yea, I am starting out with a long distance investment. If I can manage to get all the pieces in order. This is an incredible pain in the ass that I suspect will be much easier after my first. I even have my own LLC now! And will have one for each property.... as I am advised and so I shall do.
... and I am working with what seems like an incredible team. I have the most kick-ass accountant ever. I have a really awesome real estate agent who has been endlessly patient. My lawyer over in CT is fast and awesome. My "feet on the ground" locally - K - a person that I have held dear for 3 decades now - has been so incredibly vital to this. I wouldn't be doing this if not for him :) I have awesome support and back-up here at home with some great insights into things I definitely did not consider. If this goes through I'll be working with a contractor to refurbish the house - it's a foreclosure, and while it looks better than many foreclosures I've seen - it needs help! And I'll have a property management company as part o f my team if we make it through to closing.
Assuming the inspection doesn't show a structural issue (instant deal breaker, I'm not ready for that) or some other craziness. And the estimates are where I expect.
I've been having a lot of fun running the numbers (yea, I just said that. It's here, in text, and now in the wayback machine.) and while I am terrified - I am diving in the deep, deep end and going against a lot of advice from seasoned pros (specifically: long distance as a beginner is whack, don't do it). I am also happily checking out the community over at Bigger Pockets for resources, information, ideas, warnings, etc. And, of course, /r/realestate.
And I don't know if this deal will go through. Mad respect for people who thrive off of the insanity around building and closing these deals - it is not my cup of tea. However, the numbers I've run show me that this is likely worth it especially for cash flow. I have wanted to get into this since I was at Smith - it's time. :)
Meanwhile, I am eagerly planning for a trip out to the East Coast in June! K and I are heading to Camp Grounded NY. I've even ordered totally non-powered flow props for the trip. Two more sets of poi - oh no! FUN!!! Dad was out here recently and I'll see him again when I'm in NY - and if the stars align I'll either have a key to my new property or will be meeting with inspectors and contractors while there.
Locally, M and I have been to see some improv and comedy and hang out in the city. The dogs are loving being inside and this is the summer to bring them into the a/c for sure. I mean spring. M has continued work on the house and we move ever forward. This weekend the attic should be done done done. Flooring for my upstairs office is ordered. I think I am still on track to have my float tent by the end of the summer..... Home life has been stupendous.
I have been fantasizing about some new body art for awhile and may take steps on that this summer as well.
Life has been going amazingly. Hectic, busy, definitely sometimes way stressful - but awesome.
... a few months back I had an experience that led me to see that I needed to enact major change in my life. I was scared - I still am. And I've acted and put in change. So. Much. Change.
And life is so much better now. :)
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