Property Panic
2015-09-29 02:02:25.99775+00 by
meuon
4 comments
I admit, we like property shopping. Nancy and I "kick doors" (metaphorically) all the time. So a
small office building not far away has been for sale. We looked. Seems solid, has two happy
renters and a third area that needs an overhaul to be rentable. It's held by an estate and they
seem to be anxious to sell. We lowballed an offer, reasonable but very low.
They accepted.
I'm a bit into panic mode.. gotta get financing.. etc.. Nancy is already planning renovations of
the third area.
What I'd love to do is convince where I work to become the third tenant... but that may not be
possible for other reasons. The good news, I think if Nancy and I fix it up, it'll rent quickly.
Will provide details when we close. Going to be a fun story.
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comments in ascending chronological order (reverse):
#Comment Re: Property Panic made: 2015-09-29 16:11:12.295921+00 by:
Dan Lyke
Fun, in a scary sort of way!
#Comment Re: Property Panic made: 2015-09-29 17:01:48.520745+00 by:
meuon
[edit history]
In 2003 everything I owned fit in a large pickup truck. 2015, this will be property #4, our third
rental property. Life is interesting, and sometimes scary.
#Comment Re: Property Panic made: 2015-09-29 21:39:53.586455+00 by:
ebradway
In 2003 everything you owned fit in a large pickup because you were able to get away from The
Virtual Building... which could have been awesome if you had a partner as supportive as Nancy.
#Comment Re: Property Panic made: 2015-09-30 14:47:04.262511+00 by:
meuon
[edit history]
Eric.. yeah. I've had that thought. Over it. Moved on. Life is much better. One thought is to
make the 3rd office space a co-working / maker space... I miss the synergy of people. The
Society of Work on the 13th floor of Chattanooga is pretty kewl because of a handful of
people hanging there, but it's expensive and not a comfy environment.