How Does If Feel To Fill Up An Apartment Complex In 45 Days
Exhausting! Exhilarating all at the same time
In the last 45days or so we have rented 27 apartments evicted 2 people and re-rented their units bought. 6+8 refrigerators and need to buy more, 13 stoves and microwaves fixed countless plumbing leaks, fired 1 employee and hired 4 more, cut so much brush the city is looking at the property and wondering when will he stop. We have aggravated a neighbor and pleased them in the same day. One neighbor is so pleased with the work going on a the property that he said we could cut some brush on the property line and he would pay to have it hauled off! We have also Disposed of 2 dead cats, Gotten 1 bad check, and Taken 100’s of calls. I am tired! I am excited at the same time.
Can it be true? Will we see a drop in what property owners owe the Tax man in Austin TX? According to the Austin American Statesman we should see a 5.3% drop in tax values in our lovely city. What does that mean to revenues for the City, County and School districts? Big trouble! Thats what! Continue reading property tax values decreasing in Austin?→
Today an investment fund that I manage is scheduled to recieve the last payment on an owner financed house that was sold a couple of years ago. The deal was a good short term deal and it paid for the most part like clockwork! I hate to see it go, but alas the end is the end or so it seems. Continue reading The End of a good thing→