Senin, 23 Februari 2009

Update

Time for another monthly report on the Houston apartment complex! In short, everything seems to be going according to plan. Income and expenses are pretty much on-budget, once the repair expenses from the hurricane are reimbursed from the renovation impound account. Also, the hurricane repairs are now complete, so there will not be any more of those expenses going forward. Management is working on...

Selasa, 10 Februari 2009

Hard Money Loan #6 Wrapping Up

It was just a short couple of months, but Hard Money Loan #6 is closing sometime this month. No late payments and everything is in good standing. We got a call from a title company asking for a payoff amount, so the property is in escrow and will be sold. I should have my funds back by the end of the month.There is also another apartment investment opportunity on the table right now. This is another apartment complex in the Houston area and is being...
 

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