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Networth at end of year 2014-interesting results

December 23rd, 2014 at 10:14 pm

hi all

This is the first of probably a few posts as I go through the numbers

General results this year

1. $40,207 total savings (went to Roth, rentals, emergency fund and investment savings) .. still .. wow.. lot to save!
2. $249,882 increase in networth off of last year-mostly from primary home ownership and rentals
3. only $1099 OVER yearly budget for rentals for maintenance/repair and vacancy budget. BUT did lots of long term repair items this year.
4. $31,595 in long term improvement to rentals-includes 2 new roofs, fixing 2 roofs, water fix at that one house, and updating 2 homes and updating 2 3 units
5. $220 DECREASE in negative cash flow over last year on the rentals
6. ABOVE decrease is primarily in 6 homes. 3 units had INCREASED negative cash flow to budget

Will study some more and list accomplishments. trying to diary the journey. this was a big year..

Set some new financial goals to the left

I get my next free and clear house 2/2016

My main goals continue to be to smooth out the rentals, keep my job and have enough cash reserves. there is no leeway in 6 homes/3 units payments and the deal was signed assuming I would NOT have a primary mortgage payment until 2016 or later. That is why things are so much tighter than expected.

Need to rebuild rental emergency fund to $15k asap and considering increasing the personal (lose my job) fund to 4 months which would be $14780. 5 months is $18475

Need to sell this Tahoe

Rescue interested in the cage bank has not been in touch lately and I am thinking they are struggling to get the funds. I put in a call today.


3 unit update and other updates

December 19th, 2014 at 01:59 pm

Hi all

feeling better today.. almost Christmas too.

I have been wondering why I am so much 'shorter' this year. I took off time last year and felt good about it.. this year I need to impact savings to take off and am only taking off a few days.. but it is good for the soul to have rest and take off from thsi insanity

Anyway last year I had no mortgage and full income from the 2 flat.. so I must have been rolling in cash

I want THOSE days back. haha. Smile

3 unit update. Talking to the NEW property manager (that has the 6 units) felt very good with our talk. he is calling people next week w transition info and sending something out

No blips in 6 homes and I PAID off the roof and gutters so I have done an insane amount of upgrade/fix up work on those 6 homes and survived (and saved some)

Next year we may have to turn over a few of the 3 units which is fine.. if we can get them turned over quickly w good tenants and HIGHER rent.

I discussed the issues now w the 3 unit so this new guy is prepared

We are not going to be lenient like the other PM was..

My phrase (said partly in jest) 'nothing is up but the rent' (from an eddie murphy movie) and the old PM was very bad with collections and running a tight ship.

Anyway. goal is to markedly close the gap w those 3 units so i have little to no negative cash flow

and maybe turn over 1 more section 8 house to raise the rent by $300

We shall see what makes sense and how the 3 units go

In for 3 jobs but not expecting news until after the new year

One in Naperville. One in Warrenville and one at my old company (REMOTE!! or work in local office which is 5 minutes away)

Fingers crossed.

Hope everyone is having an exciting close to the year.. can not wait to calculate results and set new goals for the new year

Did not get job

December 17th, 2014 at 05:59 pm

HI all

I did NOT get the job.. they went with an engineer turned project manager instead (the mgr had sortof hinted at that BUT they said I am welcome to apply elsewhere in teh company and they will recommend me. I will! Large bank. lots of job always popping up) AND I heard on that other job (that was on hold) .. they are closing the role due to layoffs.

Crazy!

ON a high note. I am going for another job at a prior company.. Downers Grove location.. pays the same and 6 month contract to hire AND also going for a job at my last company (the one I left a few months ago). Job is based in Brown Deer Wisconsin (head of their network operations center) but it is routine for folks to w work at home. so I will explore that. I now have VERY good written references from my co workers to use too and their contacts.. Making calls today.

I am already in for job #1.. Downers Grove.. $65/hr contract to hire. would love to work there again. worked there for 4 years. got merged out then was called back to run their outsourcing contract. so from an IT perspective I know their technology AND the technology and staff where they outsourced.,I reached out to a coworker who just so happens to be a VP now and this role in in his organization. He says he will make sure I get 'due consideration'

They are not looking at resumes til after xmas though

For the other job. Brown Deer job at the comapny I just left. I am going to talk to the headhunter now and see if I can get a phone screen and sell myself for the work at home. . I have no problem driving out there every so often though.

that is contract to hire with a hire salary of $115-120k

Jobs will open up in the new year too but I am only looking super local right now. at home or near Naperville

Fingers crossed.

Got dealt a bad blow there yesterday but still fighting

I REALLY want to settle somewhere so I can stop this crazy job search every year or two so contract to hire is optimal.

Feeling I have until at least March at my job now.. it DOES pay well.. and I ccan get some overtime.. just the drive.. politics and lack of stability.

Onward. Smile

3 unit update and job update

December 16th, 2014 at 12:50 am

HI all

No interview results yet. Tomorrow am they say. Got a lead on what looks like an awesome job. infrastructure project manager at a company I used to work full time for in 2004. Pays more than the 'interview job'.. I know people .. fun atmosphere, close to home and contrct to HIRE! I am being submitted for it

3 units news. been quiet about that as I am getting so frustrated. 3 units turn over at the end of this month. That vacant unit. STILL NOT filled.. well sortof filled.. Property manager said it was filled and move in date was 12/1..that date came and went.. Pm says he can not come in due to work . then each week he was going to pay something.. and move in 'that weekend'.. today I call PM (he was going to pay thsi weekend and move in). did NOT pay in full..I told her the unit should not have been taken off the market if rent was not inn hand and security deposit.. she says she knows this guy etc.. and this is a one time case.. a large expense last month...child support mix up.. I asked her to send me his application in the am, lease and proof of income. She gets huffy and asks if I want to rerent it > I said I would let her know in the am and if so I will transition immediately. I said I do not care what issues he has or that she knows him I care that he is going to pay the rent on time on the first for the next year. She says she knows what is going on and that is why she feels comfortable. I said I do not and it is your job to convey what is going on so I do understand and feel comfortable if it makes sense to do so. Someone else is paying $100 late too and I asked when that was coming in and she says 'it was either that or the electric bill.. it will be in next week'


I said I wish I could solve everyone issues but I can not .. I have bills too and I need the rent.

Crazy..

The issues with her if you recall have been RENT COLLECTION and filling of units quickly! I can not stress how easy these should be to rent.. and to thikn she held it without a dime after saying it was filled. lease signeed.

Only possible good thing is the she SAYS (we will see what she sends) but she SAYS lease is signed for Dec 1 and so he is paying in full for this month. (or so she says)

Hopefully job news tomorrow..and get this 3 unit straightened out.

I am expecting some turnover at the 3 units next year.

Onward.

Interview day-wish me well.

December 12th, 2014 at 02:17 pm

HI all

interview day.. 1pm to 2:30.. got my suit.. studied.. a little nervous.. going in with 2 written references (from the similar company that is a partner of this company) and already sent call references.

I am one of 3 ..

Fingers crossed and prayers. I will apparently find out right away like Monday/Tuesday next week.

Got the face to face interview!

December 9th, 2014 at 11:23 pm

HI all

I got the face to face interview at that place.. Friday at 1pm.. 1 1/2 hours long.

I am calling all my references tomorrow.. studying.. RELAXING and praying

I will work at home that day and then do the interview. 3 were called back and this job is pretty competitive

Prayers. This might just work out.

To make what I make now I have to work 46 hours a week at this other job (equivalent to 40 at my old job but does not take into cost savings of working so close to home and less time per day)... overtime is frequent at this other job and since it is either at home or 5 minutes a way that is not a big deal.

when I work 40 hours a week at this job I have now .. I am actually gone 55+ hours with the 3 hour commute each day.

Gas savings potential $350 a month!

Clothing savings.. eating out for lunch savings and general lower stress and MORE time to explore other income opportunities or whatever.. just live life!

Fingers crossed.

Job interview went well!

December 9th, 2014 at 04:01 am

HI all

Job interview. phone interview.. hour and a half..crazy but WENT WELL!!

$56/ hr (I make $65/hr now).. but THREE (count them.. THREE OR MORE) work at home days.. and the rest is LOCAL Naperville.. similar job to my last job (not the one I have the one BEFORE it).. network project manager for banks.

18 month contract or contract to hire. apparently LOTS of work.. and overtime (at straight rate). average 45-50 hrs a week .

Really want it..

I hear on if they want me in for a face to face in the next few days or by early nexxt week.

FINGERS crossed.. This is with a BIG BANK.. (people in Naperville must know which one) but super excited and hopeful..

Fingers doubly crossed.

I have to have 2 things happen now.. (1) asked back for face to face (2) I will be 1 of 3 if asked back and then get through that and get an offer.

So mch want anohter job

The other Oakbrook job is NOT dead yet (pays $65/hr but in Oakbrook) so I may hear on that in a week or so but they are going through a reorg.

Prayers!

Got a new credit card and investments are going up

December 6th, 2014 at 04:12 pm

HI all

a NON real estate post for once!

Closed my yearly fee credit card (only had 1.5 years in it so no big impact to my credit score) and swapped it for a no fee.. low rate.. 1.5% reward card . I am charging all my food, general stuff now so I can keep track and get rewards.

Switched my retirement investments to a health care fund.. hopefully long term and getting good returns..

I will be so happy when all my 3 accounts (roth, ira and personal investment) are over $10k. One just passed the $10k mark. Definitely starting small (after the big fall) but stabilizing and accelerating

Looking forward to another possibly wild ride next year and some more increased savings. Despite the craziness this year I really felt I came out well with still managing to save through it.

Have pretty much cut costs to the bone except food and misc which this 'put all on credit card' idea will help me track and cut that as I can.

Have a good day all.

talking to 6 homes guy for roof status today (warm enough now) and the 3 unit lady to talk on that transfer and see if her renter ever moved in

Onward.

Got to get a job now.. layoffs and terminations are accelerating at work.. 5 gone last week... 2 of them on MY PROJECT TEAM.. and I was involved in the budgetting last week for my project.. main budget ends in March . I was budgetted for 45 hours but it goes to approval (I have to present it) Tuesday.

3 unit management contract cancelled, job, year end progress

December 4th, 2014 at 12:06 am

HI all

I cancelled the 3 unit property management contrct today in writing. Cancel date the end of the month. I expect to talk to her tomorrow. Contract calls for 60 days notice but betting she will not hold me to it. No word on if the new renter moved in. Last I talked to her which was Monday pm. she had the lease signed and almost all monies and he was going to move in this week

This is a REALLY long time.. to wait to turn it over and cost to turn over. $1400.. crazy!!

One of my goals for 2015 is to raise ALL rents there to at least $630..$650 each will Completely close my negative gap.

Trying to wind up the year strong .. trying to get that Tahoe sold.. and wind up some other stuff.

Roofs WILL be done this year and PAID for and I expect to be able to get the real estate emergency fund back up to at least $13k by year end (goal is $15k). I have already remmoved the roof funds from the #s to the left by the way.

IF I have to turn over multiple apartments out of the 3 units that will be a cost but I think a well worth it one with high benefits

Also may turn over one more house.. current rent $800..market $1050-1150.. section 8. That person has lived there 8-10 years and no longer qualifies for a 3 bedroom (only a 1 bedroom) so her portion went way up and she is not able to pay it long term. in fact right now.. she gets a $100 personal discount because I did not want to turn it over during the "property manager switch over-2homes vacant-esclating costs fiasco in July-August" so a few thousand there to turn that over.. but after this main updating in the homes is done (and 3 units) any future near term turnover should be less.. also will start to request 1.5 months security from now on on the 3 units. Section 8 rents are frozen due to the sequester on existing tenants so I can only get rent increases if I turn the units over.

Semi-word on that one job. they ARE going through a re-organization and the recruiter is still trying to find out info.. Meanwhile I got a phone screen for a network project manager job at a hgue Naperville company.. $56 an hour but part at home. and 5-10 minutes away when I am at work.. long term contract. I make $65/hr now.

That is Monday at 2pm. I will study up before hand.

Excited for the new year.

Have a great day everyone.

Smile

Having good luck on Craigs List

December 1st, 2014 at 02:31 am

Just diarying

Having great luck on Craigs List.

Elliptical gone.. $75
*decided to keep the bike)
and got a $1750 offer on the cage bank. from a rescue. they need a few weeks to get the cash up but feels good..

I will take pictures and list the Tahoe shortly.. with my recent good luck will list at $23500 and see waht happens.

Back to work Monday. HOPING that job in Oak Brook revives itself and comes back to life. I expect to hear either way this week.

Got my deed, loan and job update and musings. :)

November 26th, 2014 at 09:11 pm

Hi all

Loan update. Loan IS funding today .. YAY!!!

Got my deed! Cost me $198.. and I now know the process for the other 2 homes that I can pull out early

JOb update.. (this is the 3rd time this has happened).. I was the top candidate but now job on temporary hold. they are going through a re-org.. recruiter says if no news next week I should move on.

Frown

Cars.. Carmax was at $20k for the Tahoe.. seems like I can sell it online for $22k. Cashed in the warranty.. $2000.. Genesis worth $18-19k.. (not good resale value).. still figuring out if I should sell the Genesis or the Tahoe or both and get a smaller SUV. Listing Tahoe on Craigs List while I figure that out. Owe $171l1 on the Genesis but if I sell the Genesis I owe actually less because I had a full warranty on it and thzt will be refunded.

Goal-- have no car debt and a car that I can use and will do well in snow. Also feeling I need an SUV for the not for profit but not a higher end one..not for profit can kick in for that in some way if needed. thinking and doing up a excel sheet that I am filling in

I am assuming this job w the LOOONG commute is short term (few weeks/months) but I still have it so need to plan for the commute.. 50 miles each way.. crazy... I currently spend $350 a month in gas for the car.. thinking that will go up to $450 w the Tahoe..

If I am not planning on the car long term I shoudl sell it now because resale value is really dropping. Tahoe is really holding its value in a big way.

Happy Thanksgiving all!!

Main home refinance, I close tomorrow, and other stuff

November 21st, 2014 at 01:15 am

HI all

Got the clear to close. I close tomorrow on the main home refinance. I have to bring $294 which is fine.. rate 5.375%, 5/1 arm. Savings of $1200 a month. This frees me up from the risky high rate hard money loan and buys me 5 years but hoping to refinance to a 15 year conventional in August.

I was not escrowing taxes yet for next year so my 'real reflected savings' over what I was paying is only $261.. that will go to savings

Paying off the roof this weekend.. and other stuff.

Putting $750 more towards savings

Interest in the ellipitical at $75
NO interest in exercise bank or cage bank.I will call animal control and that low cost spay neuter clinic to see if I can get some interest even if I go down in price

Vacuuming my Tahoe this weekend and will get estimates from carmax and this local place

Work is insane.. 90 minute drive home.. and layoffs in 3 weeks.. boss was talking today about losing his job.. VERY high pressure and stress.. but on a high note.. got overtime approval again.. 5 hours. unfortunately they want 3 hours of that TONIGHT.. (tired from long crazy day w work and loan and drive home)

Have not heard on that job I interviewed for .. still hoping for good news soon

Onward.

Smile

Goals to finish the year strong

November 19th, 2014 at 04:05 pm

Hi all

I am setting financial goals to end the year strong. I always do so much better when I set goals

1. sell exercise bike. goal $60-put into savings
2. sell elliptical..goal $75-put into savings
3. sell cage bank.. goal $2000-put into personal savings
4. sell car.. goal $21k-payoff Hyundai, put rest into savings
5. sell excessive xmas stuff at this resale shop-goal $60-put into savings
6. payoff all bills related to roof/gutters on that house
7. have $14000 left (after above roof etc payments) in real estate emergency fund
8. close this refinance loan!!
9. obtain free and clear deed to that one house

I am excited to set goals for next year. I will be setting goals for savings for Me and then setting goals related to decreasing that negative cash flow w the rentals.. I will share the rental goals w the property managers.

Onward.. expecting more loan news today and maybe the closing date.. (they may wait for the updated payoff to set the date,, payoff expected tomorrow).. and hoping for news on that one job.. still no word.. but recruiter says they have not hired someone else and it seems pretty positive for me.. last week at least.

I am praying and working hard. They have another job out there they will submit me too if this one does not go through

Quick updates, savings, job, 3 units

November 17th, 2014 at 01:41 pm

All

Quick updates

Called seller on the deed.. no issues.. he wants me to fax him a note and he will call his attorney to get that working.. YAY

no word on job yet.. hoping to hear GOOD NEWS today.

My job now is very political..stressful and w this high profile program risky.. IBM guy said last 2 people who tried to turn it around by resolving highlighting issues were let go. I am already feeling the heat.. not good at all

hope to have a closing date on that loan today

$3200 more to savings (went to real estate emergency fund and will immediately go towards roof)

Boyfriend bought me $900 snowblower this weekend. NICE.. savings and a quality unit.

Saw 3 units today and took pictures.. made a list of long term items (sealcoat parking lot, trim trees back and either siding or repaint current siding).. I will get quotes and budget for next year

FEELS good to get involved and KNOW my worst case and costs

I DID sign up for 6 months w that lady (existing property manager) with a list of concerns I want her to address etc.. I will cut it down to 3 months if possible..caught her again fudging costs and she is simply not set up to turn these units over fast..I saw it on the 15th.. it was vacated on the 1st and NO WORK was done.. her goal is to have someone move in (already approved and waiting) on the 18th

Units were LARGE, well lit, updated, front and rear door first floor units, nice area of town.. rents are only $565-585.. she does not want to raise rents and is conservative in that way but the research I and Matt (other property manager) has done shows those could go for at least $50 more maybe a $100 more each and they are so small (500-600 sq feet) that turnover costs should be low. I have a $500 loss on those every month (on 5 year payoff).. It appears I can close that gap maybe in full in a yearish w raising rents.. lower costs. thatt would be a HUGE WIN.. this means more savings or more breathing room..

Onward to work!

Interview news and loan update but no approval yet

November 8th, 2014 at 03:58 pm

Hi all

been quiet here..

Loan STILl in the works

5/1 arm.. they said it was conditionally approved then found out they did not submit the rental information. This income is not included in my stated income but opens up a possible can of worms. Went back for formal approval or submit more docs Friday..so not as firm as I had hoped

Conventional loan. As you recall this had to go through manual underwrite since I had extenuating circumstances AND we are using that new rule. if you BK out of homes you later foreclose on. the date the waiting period starts is the date of the BK discharge. Anyway.. manual underwriter reviewed it and approved it however in just these past few weeks there is some new fannie mae system (an actual software system) that even these loans have to go through and the underwriter has put it through that a few times and it has NOT popped out w an approval. This is such a new system no one is sure why it is not approving it but the underwriting is trying to 'fiddle with it' to make it go through and to find out what is making it not approve.

HOPEFULLY she does not lose patience w this process..and keeps trying

I REALLY need and want this loan

Meanwhile the roof on that one house is on hold while I wait for loan approval

Either one when approved will close fast as we already have the appraisal

Job news.. my phone screen DID go well. I got called in for a face to face which is next Wednesday. I believe they only called 2-3 in so if I can hold my speech together and sound intelligent I have a very good shot.

REALLY want the job .. $65 an hour.. larger well known company.. Oakbrook. (will share name once hired) and they want contract to perm but contract can go at least 18 months.

Meanwhile where I work now... I am now program manager of this big insane program that is out of control that I am taking over from IBM. I got the ok to work more hours and am doing those extra hours mostly at home which takes some of my evenings but mostly weekends. will try to bill 50 hours as long as I am there.. that nets me almost $1600 a month more

Still believe in these homes/3 units but the financial strain this year w the house (whee I live),the missteps w the new property manager for 3 months, rehabbing 2 homes and putting 2 roofs on and other stuff feels really sstressful sometimes. I want things to calm down and I want to enjoy the journey and I want to have regular savings and I guess MORE savings.. I have only $54k savings with $18k of that retirement. Income estimate onnce the homes/3 units are paid off is approx $7k now but I am lagging behind on my savings goals.

I have 5 months 3 years to go on these homes and am feeling more comfortable/safe as i knock out these 'larger maintenance items' and have a property manager that can FILL the homes quickly..but strained. The house and job being in the air is crazy too..I am trying to do more little things for myself and loosen up a bit money wise so I can enjoy the journey..but some months I feel I am just 'making it' or surviving' and not saving.. alot of this is forced because I cut things so close trying to save/cut corners.. that is why I am trying to loosen up. I have a WAYS to go yet and need to 'make it emotionally' there too

Onward and hoping for good loan news next week!! Smile

Got overtime, job and rental updates

October 26th, 2014 at 05:04 pm

HI all

On a 'high' note. I got approval to work 5 extra hours a week for the next 3 weeks. at the 2 week mark I will see if I can get it extended or increased. I think I only get paid straight time for 'overtime' so if I do 15 hours extra over 3 weeks I can expect to NET $653 more than normal.. will see if I can increase that or make it the norm

1.. Interview next week for a closer to Naperville job
2. Still waiting to hear on that work at home interview I had last weeek (interview was harder than I had thought so although I was 'strong' it was not my best interview. had a very bad cold.. speech was worse etc)...waiting to see if I get called back for a 2nd phone interview (only 3 out of 10 do)
3, and still waiting for first interview on that other work at home job I REALLY want

Praying for a work at home job. feeling swamped and stressed and rushed most of the time w a 3 hour commute each day.. crazy..and need to get more fall/winter work clothes if I keep this job much longer.

Expecting to hear on the loans by mid next week. excited.

I GOT the appraisal from the first bank that the 'bad broker' went too.. ( this is good news.. the broker was holding it 'ransom' for his fee) and had to file a criminal compliant for extortion against the broker. he was threatening to disclose personal information unless I paid him his 2 points even though he did not get the loan. Cops called him and apparently he agreed to stop and told them he would file a civil suit. he has no case. I called the bank and they also said the loan was not approved

Need to increase my rental fund back up and take care of these expenses.. fund is going down to approx $10k an still ahve 1 roof and some other stuff pending.

I DID drive out to those 2 homes that are side by side and was THRILLED w the condition of the homes...with the tenants everything. I will take one of those homes as my first fully paid off deed'.. tenant was talking about wanting to plant a garden etc.

November (how the pay checks work out ) I should be able to save or 'use towards the rental emergency fund' almost 2 full checks $3600 so that should go a long way. determined to save SOMETHNG every month towards my general investment fund.. even if only $100 or less


and have some interest in my cage bank.. will send pix to the person.. try to get $2000-2500 for it and have other stuff to sell too just been SO SWAMPED w this job. What a crazy idea it was to take this (they did say I would have more work at home) but STILL

But at least I have a paycheck and these 2 loans look like they can wrap all costs in the loan which considering the lower rate /amortization will pay that extra portion off in very short order

We shall see

Rambling note..onward. Smile

Savings finally

October 21st, 2014 at 01:45 am

Put $900 is savings today.. finally getting back into savings...should hear on main refinance loans the end of thsi week or early next week. Fingers crossed.. All stuff in so nothing to do but wait..

wish i was not so wipeed out from work.. after work I do essentially nothing.. trying to change my eating to see if that helps me be more energetic.. also trying to restart working out.. even if 30 minutes a day..

Appears both loans can wrap the costs of the loan into the loan. which saves my emergency fund.. conventional loan would pay for itself in I believe 3 months.. other loan less than a year. praying for the conventional loan to go through

AND fannie mae/freddie mac are looking to loosen loan standards more (in the news) so thinking something has to work out soon

Main home refinance, approval and misc updates

October 10th, 2014 at 03:14 pm

HI all

Got a loan approval on that 5/1 arm, 2 points, 30 year am

Rate is 5.375 (higher than I thought.I took a hit for some things.. 3 foreclosures vs one etc)

Anyway they say they CAN use my existing appraisal and can close by month end if I can get my stuff in Monday ish next week. Broker is refusing to give me the appraisal at this point.. new lender says he has to by law I(if I paid for it which I did )and will call the bank for me if need be to get the appraisal.

Of course the final approval will happen after stuff is submitted but this is positive news

this will reduce my payment to approx $2550 (INCLUDING taxes and insurance). Now I pay $2970 NOT including tax and insurance) so big savings

However I am waiting to hear on the conventional option and expect news on that today or early next week .If conventional IS an option I likely have to wait til March, 2015 (to have a year of payments on the loan I have now)

If conventional is an option I will wait and do that. if it is not I will take this 5 year arm to get me to the time when conventional IS an option but really thinking I can do it now.

Onward

Leaving for Florida this weekend w my boyfriend..see his daughter and grandkids

No job news

6 homes going great.

3 units. looking to transfer property management to the 6 homes guy next month. .still evaluating.

I can officially pull a free and clear home out of the 6 homes deal this month.. I will work on that once the loan gets firmed up

Set up an auto savings of $250 each month. .will expand that once home, and job and rentals calm down. I am trying to save $1300 this month total.

New rules!_Main home refinance and small fun goals

October 8th, 2014 at 02:53 pm

Hi all

Main home refinance update

1. JIm (broker #! w 5/1 arm, 6.375% rate, 6.375 points) is still threatening me for his fee.. I have not spoken to him. He again says I am 'approved' but will not send me any paperwork to that effect unless he gets paid
2. other guy with same type of loan. 5/1 arm, TWO points, 4.5ish percent. He says I was approved, and is sending me documentation of exact rates, costs etc today. They say the lender can do 70% loan to value but approval read MAX 58% LTV which is too low. I explained this to the guy and he said they simply echoed the submittal where he said the house was 58% LTV but is confident they will go higher but he will check to make sure they will go higher. NEWS TODAY. This guy can wrap all costs in the loan.
3. NEW POSSIBLE SUPER AWESOME NEWS!! New rule.. fannie mae..'if you have filed for BK Chapter 7 on mortgages that were later foreclosed on (ME!) they start the waiting period from the Bankruptcy dismissal (in my case 8/11) not from the foreclosure date. This means that with extenuating circumstances (which it appears I can prove) I can effectively DO A CONVENTIONAL LOAN NOW!!!

Wow.. lower costs $1300-2000 costs, 4.x rate, 30 years,, 15 year is at 3%. NEWS TOMMORROW. Broker is going through a local bank and apparently they are deciding if the BANK (not fannie mae) wants me to do 12 months loan payments on my hard money loan or they can do this now. I need to 're-establish credit' which I may have already done w the car, and other things.. and they pulled credit and I have a 706 credit score! WOw

So. if hte conventional loan comes through that is what I will pursue and get

In for 4 more jobs. one work at home at $65/hr. I NEED a job now.I have no fall winter work clothes so pretty soon need to get some if a work at home job does not come through.

and I read someone's post about SMALL fun goals. until this loan is figured out I can not put away large lump sums too readily so will think of some small FUN goals money wise today so I still have something to strive for and achieve

More later.

Today I work at home.. so will catch up on 6 homes, 3 units and setting some small goals.. I so much want things to stabilzie and feel w this loan I am almost there.

BIRTHDAY.. 44 years old.. the 15th..

Appraisal was today, 6 homes updates

September 7th, 2014 at 12:20 am

HI all

Appraisal was today. hope it went well. lady seems a little like that guy who low balled me before. hoping for $525k. there are not alot of ranch comps in Naperville with large lots etc.. I had my property manager pull comps for me and I gave them to her, with a list of improvements, my old BPO (showing $525) etc.. she will review them. PRAYERS!!

If thsi appraisal comes out right we should only need one and can likely close week after next.

Lady who was not paying moved out today (most of her stuff) we take the house over Monday (change locks if not totally out)... I walked through today . no real damage. we will do new carpet, touch up paint, new fixtures and lights..my property manager 'all in one' guy is on vacation this week so I am having some of the folks I know quote. I continue to need to increase my list of maintenance guys, all in one guys, etc for these homes.. will make a list of what I have (and hwat the property manager has) . Good guys get busy so need more than one.

Got an application and likely lookking to finalize w that lady whose house burned down and just needs 9 months.. will hope to finalize that Monday.. $250 premium on rent.. which makes the rent $1435 (up from $925 from the last renter)

I am also going to get it section 8 approved so we have that route for later if need be. section 8 rents went wway up too..

So nice basic house fix up is done.

Will contact the guys w that french drain idea for the 2 homes (they are side by side) to finally fix the water issues .. the house that we are renting and is ALREADY fixed up is dry w the fixes we have done so far.. the house next door (that is being vacated now) is NOT dry in a big rain (which this year seems to be full of) a French drain should solve that

Praying for the appraisal to go well, the short term renter to work out, reasonable cost to fix up the other house and more money and LESS COSTS and a new job (forgot)

I hear on the appraisal MONDAY!!

still sowing, but no seedlings yet, 6 homes, job, loan update

August 26th, 2014 at 02:31 am

Just diarying again

VERY tired..

1. no loan news.. hopoing to hear soon
2. no news on jobs but got wind of a PERFECT fit (project manager liaison between a major bank and my old company) only issue is it is downtown but looking at it anyway.. maybe it is only 1 day downtown .. they say I may travel between 3 offices. one of which is in Naperville. i am redoing my resume right now to fit this perfectly but this would be a dream job, fun, have contacts, and I know I can be a success and pays the same or more than where I am at $65/hr. I iwll not make the same mistake though of taking it if it is too far.. there are jobs out here in or near Naperville or work at home.
3. 6 homes.. positive feelings and news but no results yet. I want results and to REST.. having all this in the air makes me tired, hard to sleep etc and constantly doing job search/loan stuff at night..Talked to property manager.. he is setting up a few showings for this week (showings this weekned did not turn out.. ) also he got a call from someone who wants a short term rental.. some insurance case (fire at his house) and is looking at 6 months.. maybe more. He can pay a premium and since living in a hotel can move in right away.. a 6-9 month lease would put me in a MUCH BETTER time of year to rerent so we are considering it..PM is following up for details..ALSO got news on the non paying renter.. she is moving out this weekend, plans to pay a few hundred on move out day and we will try to sign her up for a payment plan. these are all words right but sound good. PM already has folks lined up for next week to do a quick fix up of that house and then will immediately look to rent it. As house next door is vacant now too we really want to fill that so the two do not compete against each other.

About it.

Praying for good news and closure on something.. (good closure)..

Customizing my resume for thsi job and then off to bed to read to relax.

Main home refinance, jobs, homes updates

August 23rd, 2014 at 04:41 pm

Hi all

Just diarying at this point.

Paid the bills for this month (down 2 rents) but paid. I am saving my $3900 for now (the $ required to catch up on the 6 homes loan from last months non payment of principal). I will send it to him once the homes are filled or I know costs.. I did one roof so far this year.. trying to do 1 more.. jsut need things CALMED DOWN.

May put another $500 towards savings or more likely save it for the rental emergency fund. We are a week from the 1st w no renters on tap yet and one renter not paying. Just hanging in . Got some showings thsi weekend but overall response has been slower than normal w kids going back to school. Hoping to get the homes smoothed out soon. still very much believe in them long term and knew this would be an uphill battle upfront.. all in all not so bad.. I am only down $1000+ (rents) across both homes but what was difficult was the HIGH fix up bills etc... most necessary or immprovements (which I want) but think I could have shved a few thousand off maybe? I did not anticipate them taking so long or having another home not paying rent. Really thinking about it, I would not be stressed at all. if we had rent coming in..never had it take so long to turn over a house.. wish I did not have those weeks of playing around w the old PM and nothing getting done w renting the place, the non paying renter and my having to basically run the rehab. New property manager though has done more in this one week then old PM had in weeks so feeling positive but tough right now. I sooth myself by writing up the worst case scenario (short term and long term potential costs, issues etc) and being ok w that and thinking the deal is still good and thinking about the prize. basically 5/2018. I will have $3600 a month coming in and 5/2019 $5900 a month (more if I can raise these rents).. from the rentals.. and w flex jobs (see below) I am confident i can find a work at home job then or even now..

Anyway..onward.. figuring worst case for NOW another tough month and then filling both w good people. and RENT and stabilizing for the winter.

heard on the main home refinance. They are now down to 5.5% WOW!! 30 year term, 5 year arm (not term). which means if need be I can keep the loan long term. first change not until 5 years.Depends on lots of things.. maybe I will just sell this house before then.. not sure. House still in very good shape. No approval yet. hoping for approval next week and then appraisal. they went down to only doing 1 appraisal (good sign) and loan papers were targeting the 10th to close. rthat will be a HUGE weight off my mind. Not approved.. still need prayers.

No movement on cars .. waiting ..

No movement on jobs. got in for one more local one. no news on the first 3 local ones. .and joined FLEXJOBS.com (100% remote jobs and some highpaying)

I applied to one job thru flex jobs and will work this weekend to do more

Commute is still bad but more tolerable as I am used to it and know what to expect and have the bluetooth set up so my phone goes thru the speakers.. (neat feature). gas costs averaging $88 a week!!

Good to read everyone else's post. Keep it up guys.

Rachael

Decision on car and 6 homes updates.

August 19th, 2014 at 12:45 pm

Hi guys.. still feeling good w Matt the property manager.. showings today.

Anyway. I think I made a decision on the car. I will sell the tahoe.. keep the genesis and get winter performance tires ($1300 for tire wheel package). I expect to hear on the loan so will hold off to sell and payoff Genesis until then.

I DID drive the 2011 Camry and though it was very nice the saving was not enough for me to want to switch. $17500 for a Camry Le.. without sunroof, bluetooth, heated seats.. all the stuff I like and my car works, is in good shape and is large.. so staying. I did not like the leather look in the XLE and really alot of the things I wanted were extra or not avail.I think I got spoiled w this Genesis.

I will find out this week what I owe on the Genesis but likely also selling back the warranties etc.. so if I do that it may be $15k..

talked to a performance driving instructor I know and he said winter tires will be fine and that actually rear wheel drive cars steer and brake better.. so he says weight in back and winter tires on all 4. He will show me when there is snow out how to drive (so months away)

Good to MAKE a decision.

Praying for continued movement from the 6 homes.

Matt, Pm, said his maintenance guy saw 2 of the tenants 2-3 weeks ago and they were out LOOKING for another place to live because they did not like the property manager I just switched from. (would have been nice if he told me then!) Wow. Crazy. They were his first call telling tenants about the transition and apparently are not looking anymore. My homes are sortof in 'groups' except for 1 outlyer. so these two people represents TWO homes.. really maybe dodged a bullet there..

REALLY need to get these 6 homes back under control and rented.. If we save everyone else from leaving (not sure anyone is thinking of leaving!).. fill this vacant house (expect to soon) get rid of this non paying person and fill that. I should at least be getting major increase in rent but at this point i just need ANY RENT and to stop the hemorrhaging.

I meet with Matt , property manager, tomorrow to go over things, givve him keys to the rest of the homes, set NEW expectations etc..

Excited to move it forward.

My accountant says I should think of switching the 3 units at some point....3 units run smoothly now.. I will not transfer..too much volatility already.

"nothing is up but the rent' at this point. Smile

Onward..praying for calmer seas soon.

3 years 9 months of this accelerated payoff left for the 6 homes..

Movement! for better or worse, hopefully BETTER

August 15th, 2014 at 01:41 am

HI guys.

Been really struggling as of late.. but finally getting some progress and movement.

1. Loan submittal IN.. now we wait 72 hours for approval (hopefully).. 6% rate, 30 year am, 5 year term. PERFECT.. any approval will be contingent on the appraisal.. final loan package was over 120 pages long of forms and documents.. insane!!! SO thankful I had my accountant help and he is savvy. Lot of my stress went away w just "sending this off'. Please send prayers..

2. Job.. I am submmitted for 2 jobs in Naperville and going to be in for one in Westchester.. getting lots of clls for jobs downtown and far North burbs (where I am at) .. turning them all down..my current job is crazy.. 85% of the workforce are contractors and they let people go at 2 years (no matter whwat they are in the middle of) ... my boss is a contractor and he is 'outahere' in 3 months... hard to listen to him. Folks talk about this all the time.. 'oh how much time do you have left?" Still looking full force.. gas costs insane and driving WAS better but today was an hour forty comnig home..the head of the program I am on is at the end of her 2 years and leaves next week (in the middle of the program)... it then gets passed to my boss who leaves 3 months after. hey maybe then I will run the program.. (insane)... how do they run things like that.. morale is not super high..

3. 6 homes.. I will write a longer post on this but I switched the 6 homes back to the old Property Manager today. new one was ineffective in renting, slow, ddi not want to go out to the homes and was not able to deal creatively w non paying tenants. This guy is going to make filling that house and getting that non rent payign situation clarified. Old Pm had no showings set for this weekend, nothing in the works and I just found out this week that all the time she said she had ads in the paper/craigs list .. she did not..

very bad

Anyway the rest of my stress went away w the 6 homes transition (back)

It reminds me of Eddie Murphy Raw (I think that is the movie) w that real funny line.. he asked his girlfriend what is up and she says in an angry voice 'Ain't nothing up but the rent.."

That is the truth!! I can fix and work w a lot of things but I can not work with anything without rent coming in

Whether the old pm is my lifelong PM. I do not know. but guaranteed he will get the rent flowing again. he said he just rented another 3 bedroom and had folks left out who wanted to rent..

I will work w him on higher standards for the homes, follow up receipts.. all of which we talked about tday... my involvement in evaluating homes for rehab will help too and my contractors I trust.

these homes need someone who can Be there, has an interest and is down to earth enough to work w tenants or cut your losses and has more tools in their tool box then court (with an attorney she insists). Old PM was and is good w the 2 3 units but those are side by side.. smaller. simpler and take much less time..

Stay tuned

I am SUPER tired lately (all the stress.) but feel good with getting this loan stuff and 6 homes switch (I left her the 3 units) and job stuff in the works

thanks for the support

Car update, 6 homes, job, and main home refinance

August 9th, 2014 at 08:49 pm

Hi all,

Car update. I can get a 2013 Camry Le (30-40k miles) for $15500 OR LESS (plus tax etc) and can get a 2009 (80k miles) for approx 11k. can do a 2007-2008b w near 100 miles for $8-10k

I owe $18k on the Genesis (2011) front wheel drive.. that has $33k miles now..

Next step is to actually drive a Camry. I drove one before and liked it but want to drive again.

expecting 20-25k from Tahoe and genesis should be worth $21k..

**

Main home refinance. Slogging away.. SO glad I have an accountant friend. I would; not get through these loans without. We hit a possible snag.. lender is wanting all info on 6 homes, 2 3 units.. submitting on Monday then news in 72 hours

I have to assemble all leases, and taxes to submit. Tiring. stressful but this loan is good.

The 8% I saw was the QUALIFYING rate. the loan is still being offered at 6% which would be awesome.

Just hanging in there and trying to stay on task. Will be so happy once it is submitted (though they may have more questions) the bulk w ill be done by Monday.

***
Stressed by 6 homes transition. not going super well. speaking to new PM and giving her a chance etc but researching others in the meantime. including the last guy I was with.

New property manager has some good points. but 'If I do not get rent, nothing else really matters' and she has been real ineffectual w that and does not like to go out to the homes. which is anohter thing I need.. upsettting. but working through it. I understand that there will be issues w rent from time to time which is fine but they need to be handled.. and they are not being handled..and disappointed w her method to rent out the vacant house out .. sign out front is cheap/home made and her 'Craiglist' add has pulled noone so far.


Still believe in homes but upset and stressed w this insanity..

I want t hings to smooth out so I can be moving forward again.

I have $1800 of the $3913 I need to catch up on the 6 homes from last month.. should; ahve the rest in a week or so.. that means I get a home next month.

I have NEVER had such an issue w these homes and so much stress as w this new PM

talked to my accountant I can NOt raise my exemptions any more than I have.. estimated tax return next year between $5-10k based on his forecast..

Input into car decision- asking for thoughts.

August 5th, 2014 at 03:42 am

HI all

Been trying to figure out the car situation. been hard since I am feeling frozen with all this stuff in the air.

ANyway I own 2 cars (and only need and want to afford one)

2008 Tahoe LTZ- worth $20-25k
2011 Genesis (rear wheel drive)- worth $22k

I owe approx $17k on the Genesis. Tahoe is free and clear.

I am so far ahead on the genesis that I do not have to mmake payments for a year

I see two options.

1. sell both (GROSS $44k), payoff genesis ( $17k).. have $27k and buy a cheap but good car to last me 3-5 years.. 2007 Camry or similar Nissan Altima $10,000 or less..

RESULT, $15k extra savings, no debt and paid off car that will last for 3-5 years.. get a higher quality used car then..(homes paid off etc)

2. sell Tahoe ($22k), keep Genesis but pay it off..

RESULT- 2011 car and $5k to savings?

Thoughts?

FACTS

I LIKE my cars and like driving a nice car, but can foresake that for a few years
Even though it seems like forever now, I am sure I will find a job in or near Naperville (less driivng)
Genesis is rear wheel drive so does not do well in deep snow... how much deep snow am I goign to be drving in? I already decided I am NOT driving to Lincolnshire in deep snow (some other employees gave me support on this)
Tahoe guzzles gas but is fun, does well in snow and I love it
If I can not get the car I want . I want to spend the LEAST amount I can for a car that will just least 3-5 years and save/invest to make the sacrifice worth my while
I am feeling strained w these cars and the 6 homes and loan up in the air
the 6 homes and loan is likely to resolve and smooth out in a few months
Any car I get will be FRONT wheel drive.

I can get a Camry w between $85-100k miles for $7-10k

Thoughts?
1. sell now, both? one?
2. wait to sell tahoe for winter time
3. wait on all to see how job situation clears up?

Documenting the Journey, the good, bad and ugly

August 3rd, 2014 at 06:16 pm

Hi all,

Updates..

I ,in general, (although trying very hard) have been doing very bad, crying, hard to sleep, ANGRY, just bad... out of control.

Updates... just the facts..

1. Main house refinance.. no real news... several more back and forth faxing documents episodes.. board did approve the loan and we are waiting for the appraisal to be ordered.. nailbiting times waiting for it.. broker says he has 2 more possibles if this one falls through but both higher rate and higher fees. Until the appraisal comes through I will not know for sure IF they can do the loan and how much my fees/contribution is. Hard to wait. Should hear from the appraiser this week.
2. Job.. Nightmare. New policy. NO WORK AT HOME for 3 months! I cried in the car after that conversation. Job is not hard. In fact I have little to do. How do I find these jobs where I have nothing to do? Days drag. I will ask for more work next week. Speech has taken a MAJOR HIt w the stress I am under. Drive continues to be an hour and half stop and go each way. With my deductions changed and no 401k I am bringing home almost the same making $65/hr as making $55/hr (last job). Thsi is with putting $1100 a month in savings. the amount I was putting w the 401k. Accountant will check deductions this week. Gas costs are SUPER INCREASED. I am actively searching for jobs but none yet locally.. LOTS downtown and out where my current job is.
3. 6 homes/house I am turning over--.. the house I was so excited to see last week? I got there and it felt like nothing was done. I was so upset, stressed and disappointed. and UPSET. Current update. House is commplete (except for fridge, washer/dryer. I will buy if I have to but renter may have his/her own). House for rent at $1250 (old rent under s8 was $925). It just went up YESTERDAY!!!!!!! a month to get it fixed up and on the market. INSANE! Anyway.. 6 calls the first day and showings today. Neighbor next door has a nephew she wants to recommend. This is the 3 bedroom w the MASSIVE garage (3 car w office/workshop). A section 8 person called w a voucher for $1300 who wants to see it. I want it filled iwht someone LONG TERM who is going to treat this and maintain it like their home. I am proud of how it turned out and the response (from neighbors even!)
4. 6 homes/house not paying rent--I am still very frustrated w this and how the new PM is handling this. We had a very clear conversation last week that I do not feel she is handling it and I need to have her get a handle on things. I said I feel I am running things and I do not havve the time to do so. She said she is used to being in control and I need to step OUT. I said I would not feel the need to step IN if there was not such a void of leaving voice mail messages and never actually getting in touch w the tenant. Either she can pay or not.. not 'well I left voice mails'. ANyway...$$ summary .. with this month.. she owes over $2000. I gave new PM until Wednesday and then will either handle it myself or turn this house over to someone else. We got $520 last week and she said she applied for help and is trying to make up the rent (she said that to ME. when I stopped by ) but the new PM has no new updates. I do not want her sitting there while she is trying to find a place not paying rent. Renter seems sincere when I talked to her but I have no money in hand... so words do not really matter. I reclaimed her security deposit already to help w cash flow and can pay it back if she pays. This house (based on the reaction next door) looks like we could fix it up and get rent increase too. currently charging $1000.
5. Other section 8 house. havving s8 adminstrative issues.. new PM says she will straighten out but another thing hanging over me and may make the tenant lose her section8. I can not afford another turn over right now.
6. 3 units continue to flow easily along. nothing to report. These are the ones the new PM has run for years.
7. new Property Manager. Mixed feelings. Higher priced help but things are getting fixed right. But realistically if I was more involved w the homes w the old PM (and I see the need to be upfront to learn the homes etc) wouldn't that be happening anyway? VERY VERY UPSET w lack of urgency, slow turnover of homes, and this passive 'I called, left voice mails' stance and NOT stopping by the house and lack of progress on the s8 issue above and the house not paying rent. Whatever deficiencies the old PM had.. I sincerely doubt I would have this situation going on. New PM is a 'by the book' manager and her solution to the renter not paying is to 'send her a letter, serve her now w a 30 day notice and then wait for court'... NEVER actually speaking to her face to face or dropping by to ' work something out' or get the scoop. I can not do that.


So in general.. very rough and I am stressed. I am coping by doing my treadmill before and after work and trying to tire myself out so I do not think about this stuff (or throw stuff at the wall). I am trying to be clear w new PM and set timelimits, boundaries and investigate other options before moving on. I am trying to give her a fair chance and be reasonable. I need someone though who can go out to the homes as needed and help me w contractors etc and can deal w non paying tenants in creative ways.

For now I am hanging in there money wise but have used up $15k of my rental emergency fund (have $1300 of that $15k left) and that is WITHOUT paying the 6 homes principal payment last month. I need to come up w $3900 to be on track w the loan. Seller is ok if I come up w that in payments next year. I want to come up w it THIS month so I am on track so take full deeded ownership of hte house I fixed up next month.

I need this lack of rent situation resolved, this house filled and this s8 issue figured out ASAP.

I know she does a great job w the 3 units. but those are simpler, smaller etc.. She says she came into alot of issues which is true but this wanting to handle it all via phone just does not work and lack of urgency does not work.

Gave her til Wednesday to update me on the 'lack of rent lady'

Side effect of all this treadmill walking and getting my anger out is I am toning up nicely. This week I am cooking all my food for the week today so I can eat well. I thankfully lose weight easily so if I keep this up I can lose some quick weight and fit into my size 8 clothes easily. They are tight now and I got some new slacks in size 10 at Goodwill so I do not have that added stress (of tight pants) but it would be nice to lose 5-10 lbs and have them fit again. 10 are loose but more comfortable than tight size 8's.. so right between.

About it for now. I need to check in more often.. it helps me to vent too.

So for this month. I am NOT adding to savings. I am instead trying to pay taht $3900 payment from last month to the 6 homes seller (provided I feel secure Wednesday that the s8 issue and the non paying tenants are under control)

Coincidentally the house w the s8 tenant (admin issue) has very low rent too (but has not been updated) do not want to turn it over now.

THANKS to all here on this board who suggested I increase my rental emergency fund and encourage me. I would NOT be surviving without your suggestions and support.

Onward.

Continuing to believe in these homes and just focusing on 'SURVIVING' right now.. even if it means holding off on savings in the short term. They are small, incredibly easy to rent, solid, and should be good long term and allow me lots of options once paid off (3 years 8 months) to keep/save/invest the cash flow.. or swap the homes out for other/differnt/better ones. I would not be stressed at all. if the non paying renter was 'stabilized or w a plan, move out or pay" and I did not have this vague s8 issue AND I did n ot have this main home refinance where I do not know how much money I need to come up with hanging over me


Thanks for reading

Updates,. job, main home refinance

July 25th, 2014 at 12:05 am

HI all

At this point just diarying..

Not my usual (hopefully) upbeat self.

REALLY REALLY down and discouraged.

Both work at home jobs fell throough.. no word from my old boss but do not have super hope w that. Each day at work is worse and worse. It is unbelievable to me that I have to go back there tomorrow and next week and whatever

I hate it. Rush hour back.. no matter what time I leave is at least an hour and a half.

I am exhausted after work (not from work.. work is easy) from the drive.. feet hurt.. back hurts.. stressed out of my mind. ANGRY (at who. I do not know.. LIFE .. ME!!??)

I am SO ANGRY AND FRUSTRATED

I jhave moments of calm where I am tryign to think of ways to immprove things/not focus on it/be positive/get productive.. whatever.. whatever.... today I listened to 'Oprah' on xm (get my mind off it) but really that can only last so long.. I am in the carfor an hour and half stop and go.. Friday is coming up.I can not imagine what that traffic will be like..and there is NO WAY OUT. I have to drive home and no matter when I do.. it is the same rush hour trafic..leaving at 3pm is just as bad..

I am feeeling sortof like the life and enjoyoment is being sucked out of me. I am so tired all the time.

Main home refinance.. still ongoing. my frustration w that is probably because I am so angry and stressed and TIRED all the time

Anyway.. they raised the points to 2.. so 4 points total.. 2 to broker, 2 to bank, 6%, 30 years, 5 year arm. they raised hte loan to $315k to cover all costs. I do not want to add debt w this so was trying to pay it all myself. (I did not know they need taxes paid in full thsi uyear. was hoping to use that towards costs).. SSTILL FAXING in endless docs.. They think house will appraise at $525k. I am SO DISCOURAGED AND UPSET..can not think anymore.

Just VERY DISCOURAGED and impacting everything

Loan payment would be over $1100 less than what it is now..

I was thinking of selling my car today (truck) just so I could take some time off and search for a job that way. I seriously can NOT imagine showing up again day after day after day. I need to maintain working w a paychedck while this loan goes through..

I am also thinking (and you can think I am insane and post comments ) of getting a doctors note that I injured my foot, broke my leg whatever, totalled my car.. ANYTHING so I can work at home for a week or two to get my head on straight and get hopefully a good start on job searching. Absent htat I will ask my boss if I can work at home starting next week for 2 days (norm is 1 day after 3 months) I can not last that long.

In the contracct world.. jobs come fast. so really from the time I get contacted to 'hearing if hired or not' is generally 2- 3 weeks and just having that RESOLVED will lower my stress and discouragemnet 10 million fold. .. even if I start 2 weeks after that

That and having this loan CLOSE and the 6 homes smoothed out

I do not have energy to deal w 6 homes right now.

New job update

July 22nd, 2014 at 11:27 pm

HI all

New job update. REALLY REALLY REALLY BAD> I am so upset.. travel is WAY LONGER than I had thgouht.. WAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!longer and MUCH MORE stressful.

I called my boss after the end of hte first day and asked if I could have my old job back and am recontacting that work at home job and am active on careerbuilder. I should hear on both tomorrow and Friday. I feel so bad I took this.

Drive in is an hour there and drive back seems 1 hour 15 or and 30.. all death defying stop and go.. rollover car accident today and passed 3 flat tires.. really it is only a mtter of time until I get into an accident or an incident

If the job was nearer it would be great but if the drive is like this now I can not imagine hitting an accident, snow, rain anything..

I left at 3:40 pm today and got home at 5:20 and this morning I left at 6:15 to get their early so I could leave early. I can hardly sleep at night I am so upset and worreid that i have to be up on time to leave on time. I have no time to do anything in the am and am too upset stressed from the stop and go drive to do anything after work and thsi is with flex time!

Work at home 1 day a week shoudl start in a month (some people say 3 months wait though). and only 1 day a week. I simply can not live like this...I am exhausted stressed and angry

I will actively search for another job and hope one of the two calls I made comes through (if I get my old job back it is short term so I will look for a work at home job or LOCAl job from there) ..

I made a MAJOR MISTAKE taking this job.

Frown

New job jitters

July 21st, 2014 at 03:02 am

HI all,

New job jitters. I start tomorrow.I should know 3 people there already.. none were super great friends but 'work friends' (all guys. I want some girl friends! to laugh and joke with ).. I have to dress dressy business casual for this job and drive (just looked it up).. FORTY miles each way.

REALLY wishing those work at home job worked out and wondering if I should have held out for one.. having regrets.. second thoughts based on the drive and dressing up. I have not had to do either in possibly 6 years..

So NEW change.

HOPE it is not as bad as i am working it up to be in my mind. JHearing about those (seemingly GOLDEN) work at homes jobs really changed my perspective... sortof like when a salesman shows you something you fall in love with and then find out you can not afford.

Anyway.. onward.. I will leave an hour and half early tomorrow but normal drive should take 45-50 minutes.. some guy I know lives out here too so I will ask him his route.

Hoping to start flex time asap so I can get their early and leave early.

I CAN NOT WAIT until I am not so tied into making as much money as I can .. just want these 6 homes to smooth out and then eventually get paid off and everything else to smooth out too. It did not appear difficult to make $100k or $50 hr with work at home or Naperville jobs.. just do not want to take that drop right now.

Should hear on loan tommorrow (in writing)and possibly the 2nd chance $60/work at home job..

Afraid I will ahve much less freedom and flexibility and time with this job I took.

MAJOR pre job second guessing happening over here.

I am starting either Atkins or hte Wheat Belly diet tomorrow to drop 10 lbs and resuming working out. I drop weight easily but have not been working out at all. Working out MAJORLY helps my stress and confidence.. I never did gain the weight back I lost on Atkins (4 lbs) but want to have these slacks fit looser again.

Prayers that the loan and 6 homes work out quikly this week.. TOO MUCH going on!!

I am still actively looking for work trying to mail down a work at home job.. if I suddenly fall in love w this job I have I will stay but until them seeking nearer and work at home

Will start looking at cars.. Honda, Toyota or Nissan Altima to start figuring out the car decision. (used)


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