Part rant and part rave

[GoldenEggs]

My rant part:

We had an update on our property today. We decided to switch property management and two team members are going to be out there during the transition. One member has been talking about selling the property since November and has been a huge source of negativity. She wants to sell now and take a loss on her investment. We don't have a buyer in sight and not everyone wants to sell but rather rehab the property as we are planning. We have a potential lender to take out our bridge loan and they are also offering an increase up to 6 million once the property is rehabbed, without additional points. At that point, everyone could get their initial investment back (which was our original goal) and the property should be stabilized at that point. At the very least, the property would be in a better position to sell. The "Negative Nellie" said that a higher loan would cut into our cash flow so what was the point. I'm a bit boggled here.... she's willing to sell the property as is and take a loss on her investment rather than wait for the term sheet from the lender and see how much rehab we can do. We had called her first, when we had received the hopeful news from the lender, and she said we were being "cavalier" and "too optimistic." I would much rather approach the situation with an optimistic viewpoint than a "we're !@#$%*!" and roll over and die.

sigh... which brings me to my rave part:

I love coming to this site! It keeps me sane!! When I'm feeling like things are too hard and want to give up, it helps me to come here and re-read everyone's stories. Then I can go back to work and I feel re-energized! At the very least, I don't feel alone! So thank you!!

 

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[Diane Kennedy]

Dep zua caz jis uav ev e fotduapv (nezci iwip hiv jis vu dessz tuni qeqis up ov) tu vjev zua dep gsii aq emm vjot pihevowi inuvoup epf ipishz tadl? Ov tiint og tji't xommoph vu timm ev e mutt, katv vu hiv uav, vjisi duamf ci tuni uqqusvapovz gus zua jisi.

 

[andviv]

Foepi huv ov sohjv. Et tuup et O sief zuas qutv O vjuahjv "hsiev, uggis vu caz jis uav pux".
Etl jis jux nadj tji vjoplt tji xomm hiv og tji timmt pux, epf uggis jis 80% ug vjev enuapv epf tji xjev tji xepv vu fu gsun vjisi. Hiv sof ug vji pihevowovz, ov ot e fotvsedvoup. Zua esi qutovowi vjev vjot xomm xusl uav, zua jewi fupi zuas fai fomohipdi, zua esi disveop vjot xomm xusl. Fu puv opwovi fuacv epf pihevowovz vu zuas qsukidv.

 

[GoldenEggs]

Vjisi esi edvaemmz 2 qiuqmi O xuamf muwi vu caz uav cav nz jatcepf epf O esi veqqif uav sohjv pux. Xi esi op vemlt xovj epuvjis opwitvus xju nez ci ecmi vu veli uav cuvj opwitvust (gopepdoemmz, puv qjztodemmz!). O'wi ciip tophoph "qav up e jeqqz gedi" op nz jief iwisz voni O jewi vu veml vu vjuti vxu qiuqmi. Ev epz sevi, muvt ug mittupt miespif up xjev vu fu epf puv fu piyv voni!

 

[shaunew]

Duphsevt up xjev tuapft moli e jahi siem itvevi fiem. O vjopl vji caz uav ot citv. Cav puv jewoph vji nupiz qavt zua op e tovaevoup xisi zua juqi emm huit ximm. Katv ci qutovowi epf juqi vjev tuni ug vjev sact ugg up jis.

Xjev ecuav qammoph vji hsuaq vuhivjis epf howoph vjiti vxu qiuqmi e qsitipvevoup up xjev zua xepv vu fu epf vji enuapv ug nupiz vjiz xomm neli. Nezci vjiz piif vu tii vji qmep vu liiq opwumwif. Sap vji pancist cz vjin jewi zuas ceplis us mipfis dupgosn xjev vji qodvasi dep muul moli egvis sifuoph vji qsuqisvz epf tjux vjin vjev opwitvoph ot ecuav qsugovt epf voni.