Our New Property:
This week we're planning a concrete pour. We're fixing a foundation flaw on one section of the building. Hopefully, we can get it done by week's end. I must do the math to figure out how much concrete to order. Then, after this work, we'll let it cure for around 5 days before we set the building back down on it. We have that 80' side of that leg of the building jacked up while we're fixing the foundation. Part of the concrete project is to install tie-down bolts to connect the bottom of the wall to the foundation.
I'm starting to plan the next step. We're going to take the composition rolled roofing off that side of the building. We'll replace the roofing by laying tarpaper to get ready for the metal roof panels. We've already prepared the other side of the roof, where the foundation is ok. After we get the foundation work done and the wall lowered back into place, we can finish. That section is around 2,000 SF. The foundation and roof work must be completed before winter hits us.
We now have electrical power in the building. Wonderful! No more generators for our power tools.
I must call the surveyor and find out how he's doing on making the corrections for the subdivision map. I can't do anymore until he finishes the maps for the Planning Department.
We're still removing debris from the property. We've removed literally tons and tons so far.
Our On-Site Rehab:
The roof is finished. The floor coverings are down. The plumbing fixtures are set. The on-demand water heater and forced air furnace are installed. The gas company is coming tomorrow to turn on the natural gas. I bought a dishwasher over the weekend and a kitchen range last week. I just need to find and buy a fridge to have all the kitchen appliances in place.
We have some wastewater plumbing to finish up under the unit. The P-traps must have heat tape installed so they don't freeze in the winter. The main line will be 4" to prevent plumbing stoppages. And we'll add an accessible clean-out for any problems.
I think we may get done with that project by the end of the week. Yea!!! And the renters are ready to move into it ASAP.
My Rentals:
I rented one unit this last week. I'm waiting for the other renters to get their public housing inspection date set for the other unit. I'll check on their progress tomorrow.
I noticed that a third unit appears to be vacant. They were moving by the end of this week. I'm vetting tenants for that one too. Tomorrow I'll check with the current tenant.
This week we're planning a concrete pour. We're fixing a foundation flaw on one section of the building. Hopefully, we can get it done by week's end. I must do the math to figure out how much concrete to order. Then, after this work, we'll let it cure for around 5 days before we set the building back down on it. We have that 80' side of that leg of the building jacked up while we're fixing the foundation. Part of the concrete project is to install tie-down bolts to connect the bottom of the wall to the foundation.
I'm starting to plan the next step. We're going to take the composition rolled roofing off that side of the building. We'll replace the roofing by laying tarpaper to get ready for the metal roof panels. We've already prepared the other side of the roof, where the foundation is ok. After we get the foundation work done and the wall lowered back into place, we can finish. That section is around 2,000 SF. The foundation and roof work must be completed before winter hits us.
We now have electrical power in the building. Wonderful! No more generators for our power tools.
I must call the surveyor and find out how he's doing on making the corrections for the subdivision map. I can't do anymore until he finishes the maps for the Planning Department.
We're still removing debris from the property. We've removed literally tons and tons so far.
Our On-Site Rehab:
The roof is finished. The floor coverings are down. The plumbing fixtures are set. The on-demand water heater and forced air furnace are installed. The gas company is coming tomorrow to turn on the natural gas. I bought a dishwasher over the weekend and a kitchen range last week. I just need to find and buy a fridge to have all the kitchen appliances in place.
We have some wastewater plumbing to finish up under the unit. The P-traps must have heat tape installed so they don't freeze in the winter. The main line will be 4" to prevent plumbing stoppages. And we'll add an accessible clean-out for any problems.
I think we may get done with that project by the end of the week. Yea!!! And the renters are ready to move into it ASAP.
My Rentals:
I rented one unit this last week. I'm waiting for the other renters to get their public housing inspection date set for the other unit. I'll check on their progress tomorrow.
I noticed that a third unit appears to be vacant. They were moving by the end of this week. I'm vetting tenants for that one too. Tomorrow I'll check with the current tenant.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
O lpux O dep ci opevvipvowi op tnemm nunipvt, cav ji emxezt iyehhisevit... vxu nopus notvelit, epf taffipmz ov’t moli ji piift vu duptvepvmz nupovus ni. Ov fseopt ni e muv.
