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Got renewed at work and other 2 flat news

December 1st, 2017 at 08:27 am

Hi all

Few updates

Got renewed at work.. cap of 44 hours.. renewal is through 6/28/18. I am assigned to a program where I am not in charge so significantly less stressful (but much less challenging and fun).. I am on this program through at least March. The client I was on wants me back and may be funding a small project starting next year that may involve overtime hours

I am down to owing approx $30k LEFT for 2 flat fix up.. I had to switch contractors.. more delays. .. I will see the two flat tomorrow and hopefully there is large progress. I had to terminate w the last guy in the middle of the job. I am now trying to work out payment w him for what was done. stressful. just want this 2 flat completed

I have made LOADs of progress in paying things off but paying off $30k may extend to April as I have to reinstitute my tax escrow as of February. I am currently not escrowing for rental taxes to allow me to pay off this debt. When I restart the escrow the amount will be $1300 more than it would have been had I started escrowing in September but I can still pay it based on average rents.

Estimates rents at the 2 flats are $950 each. we will be renting at a bad time though but the units will be all fixed up. Whatever I get will be helpful towards paying off the debt

I have 4 more payments to make to pay off the 3 units by the way. payoff is late March. almost there!

I will start setting new goals for next year and wrapping up this year shortly.

I am totally missing my investment goals as you can see from the side board. I have made no deposits since June which was when I got this 2 flat.
Rachael

1 Responses to “Got renewed at work and other 2 flat news”

  1. LivingAlmostLarge Says:

    Congrats on being 6 months out from paying off the rentals. I'm so impressed by it all. Hope you can switch to your theology degree in June.

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