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I visited the rental property last night to makes sure all was going as expected and safely.

 

Spoiler

 

 

 

 

The issue with the soft spots in the floor have been taken care of.

 

Smiley Happy

Ben

Retired Senior Automation Systems Architect with Data Science Automation LabVIEW Champion Knight of NI and Prepper LinkedIn Profile YouTube Channel
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@Ben wrote:

I visited the rental property last night to makes sure all was going as expected and safely.

 

Spoiler

 

 

 

 

 

The issue with the soft spots in the floor have been taken care of.

 

Smiley Happy

Ben


Not too bad of and advertizement!

 

The target audience for your "Perfect Tenant" must be .....

Spoiler
Come on guys.  lets write the ad for Ben Smiley Very Happy

"For Rent.  Multiple family home. (well if you a a serial family annihilator) Plenty of floor space and shovel included! 

Its almost impossible to see the grave markers!  


"Should be" isn't "Is" -Jay
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@Ben wrote:

I visited the rental property last night to makes sure all was going as expected and safely.

 


How is it going to survive the next Big One if the house is not properly bolted to the foundation??? 😮

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@altenbach wrote:

@Ben wrote:

I visited the rental property last night to makes sure all was going as expected and safely.

 


How is it going to survive the next Big One if the house is not properly bolted to the foundation??? 😮


Thanks for asking Christian!

 

I will take that into consideration when we rip out the existing cinder block, lower the footer and rebuild the block wall.

 

Spoiler

 

I believe western PA has one of the lowest risk of earth quakes in the US.

 

 

 

Ben

 

Retired Senior Automation Systems Architect with Data Science Automation LabVIEW Champion Knight of NI and Prepper LinkedIn Profile YouTube Channel
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 My better-half has been working on moving our assets into investments that will offer cash flow when we retire. That remodel that I had posted videos of is one of those projects. But she is not stopping there.

 

 

Spoiler

We toured a possible rental property last night and was surprised to find it in very nice condition. I had an impression based on the state of the fence that the inside would require work. Not so much. It will not even require a coat of paint to be ready to rent out.

 

Spoiler
So getting rental income from it fast is good, but that will mean to will cost more. The decision would be much easier if we were not preppers. That place has strategic features that we long ago recognized. It being cinder block construction and located at one of the two choke points when climb onto the hill were we live. Nothing short of a person on foot can climb the hill from the front side without getting past that place. Being adjacent to The Ridge property has my better-half thinking Monopoly and combining the titles of The Ridge and the new place. The two ponds that are shared between The Ridge and that place would be under our control. The spring at the south west corner of The Ridge could be developed without negotiating. Those ponds could be used to feed my ram pump instead of the dam I built year before last. Those ponds had historically been home to Koi so we could stock them with fish. I could also grow rice in the ponds. The backyard tour also featured the skeletons of two turkeys. seem that the deer come to The Ridge side of the stream to die the turkeys choose the other side. My eldest G-daughter has been learning to use her compound bow over the winter and is very close to being able to take down a turkey at short range. If you do not move aggressively, wild turkeys will walk right past you in easy bow range. A turkey dinner taken by your granddaughter, now that is something to be thankful for!

 

 

So like I said the decision could be made using a spreadsheet if we were not preppers. It is hard to put a price tag on all of the assets that place offers. It is times like this that I am glad I have the cool head of a financial advisor that can advise without the confusion of all of the personal drive we have to purchase that place. he will run some numbers for us and let look at it from a detached point of view.

 

 

 

Ben

Retired Senior Automation Systems Architect with Data Science Automation LabVIEW Champion Knight of NI and Prepper LinkedIn Profile YouTube Channel
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This weeks update on that remodel project answers the question "what happens if all of the down spouts drain into the basement?" AND includes video of the cistern found in the basement.

 

Spoiler

 

 

 

 

 

Enjoy!

 

Ben

Retired Senior Automation Systems Architect with Data Science Automation LabVIEW Champion Knight of NI and Prepper LinkedIn Profile YouTube Channel
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@Ben wrote:

 

 My better-half has been working on moving our assets into investments that will offer cash flow when we retire. That remodel that I had posted videos of is one of those projects. But she is not stopping there.

...


Well they accepted our offer and the ball is rolling. While I do not like to count my chickens before they are hatched, the prospect of getting a tenant to pay off an investment that serves our preppers needs is exciting. my son reflected on how he could see God's hand in the timing and the opportunity to actually purchase what was once only a pipe dream.

 

Ben

Retired Senior Automation Systems Architect with Data Science Automation LabVIEW Champion Knight of NI and Prepper LinkedIn Profile YouTube Channel
Message 1928 of 2,258
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@Ben wrote:

@Ben wrote:

 

 My better-half has been working on moving our assets into investments that will offer cash flow when we retire. That remodel that I had posted videos of is one of those projects. But she is not stopping there.

...


Well they accepted our offer and the ball is rolling. While I do not like to count my chickens before they are hatched, the prospect of getting a tenant to pay off an investment that serves our preppers needs is exciting. my son reflected on how he could see God's hand in the timing and the opportunity to actually purchase what was once only a pipe dream.

 

Ben


Aren't those called "Omelettes?" 


"Should be" isn't "Is" -Jay
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@JÞB 

...


Well they accepted our offer and the ball is rolling. ...


Aren't those called "Omelettes?" 

 


Things got a little scrambled after the home inspector completed his report. We shared the result with the seller and are waiting for his response. The biggest issues are due to the place have a flat roof that ponds water and the place being built into the hill side. After reviewing the report both my brother and I came independently to the same conclusion. Rip off the flat roof and replace with a pitched roof. Now if the seller hires contractors to do the work it will easily cost him $20K. my brother thinks we can do it ourselves for about $10K.

 

I just have to sit back and let others do their thing.

 

Ben

Retired Senior Automation Systems Architect with Data Science Automation LabVIEW Champion Knight of NI and Prepper LinkedIn Profile YouTube Channel
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