Monday, June 18, 2018

Week 6 - Real Estate Investing - May 21 - 27, 2018

Awesome week #6 of self-employment. Took the boys to the driving range, went golfing, went to a car show (actually, I'm not sure if it's a car show or a garage show; either works for me), played baseball, went mountain biking, and got approval on our construction loan for Hudson. 
I'm still working through the options for the loans but that's better than not having any options at all. Our construction crews are back at it on Building 4. Got an interior wall or two up do our electricians can get going next week. We will have our first renters move in by Friday next week. Hurray!
With that, we also got all of our estimates for Building 5 together (finally) so we can get the funding for that building going, and therefore construction. B5 will be heated so we want to make sure we can get that up prior to winter. That is our "busy season" for the heated units, naturally. We are building mostly 25x50 units because they seem to be the most requested. I guess we could always pull out a wall if someone wanted a 50x50 but we'll have one of those at least.
On Hudson, we got our site plan approved by the planning commission for the township so that's a great first step. We.are hoping that we can get too g on the grading work by Aug 1. That would be ideal. Maybe even sooner but that seems to be wishful thinking!
Lots of stuff happening. Can't wait for next week to finally get renters in B4. I think they would say the same thing....

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