If It's Not One Thing, It's Another

After being out of work for almost 5 months, a couple weeks ago, I was able to get a job on a 4 month contract. I've another company that is interested in me for a full time position as well, but that is taking a bit longer to play out. As you might imagine, when I was not working, expenses had to be cut back and plans put off until later. I was living the classic case of "deferred maintenance" that many real estate investors know about from looking...

In Escrow Again And Web Faxing

I got the word yesterday that the property I am a mortgage writer on in California has once more gone into escrow. Last time, it fell out of escrow, so maybe this time things will go better. Not that I need the loan to be paid off. I've been getting on-time payments and have no worries about the borrower.I also started testing out web faxing options, as mentioned last month. I purchased JotNot for...

AT&T Discount Plans

Not real estate related, but I had to pass on this huge money-saving tip!Last week, I purchased iPhones for my wife and I. Previously, we had cell phones on the Sprint network and were billed separately. As part of my cost-cutting hunt that led me to eliminate my landline phones, I switch our cellphones to a family plan from AT&T where we share minutes. That saved us about $30 a month. Then, I found an even better discount.AT&T has apparently...

March Updates

It's been a good week!I received another interest payment for the hard money loan I made on the property in California. I also received another on-time payment from my hard money loan to my (former) co-worker. And last, but not least, I got a great monthly update on the Houston apartment complex.Total revenue for the month of March was $199K, the highest amount so far. Management also collected some bad debt that they had previously written off as...