We keep trying, and failing, to move forward. I make an offer, and it gets rejected. We open up to a new neighborhood to move to, and the house is in a bidding war after being on the market for a month. The owner of BD’s sister buildings just texted, again, that he hasn’t come to an agreement with his property manager, so I am still not able to see the buildings. At least this time he asked for a recommendation for a new property manager, which I was able to provide. This is not at all where we pictured we would be at this point.
On a positive note, Mr. PFL and I toured a couple of open houses for very comparable homes (to our current home) in our neighborhood this weekend. The homes are listed for $210/SqFt and $226/SqFt. If we listed for $215/SqFt, we could list our house for over $700,000. Whoa! (I just did the math for the first time.) We’d make a great profit at $550,000. So, maybe we just need to pack everything up into storage, live in an Extended Stay, sell our house, and figure out where to go from there. While somewhat radical, at least it would be a step in an actual direction. And with cash in hand, the sky is the limit.
Hi Mrs PFL,
I just wanted to stop by to say I enjoy your blog. We are also real estate investors (we are just starting out with two SFHs, and an offer in on a third so far), and I love reading about other’s experiences in real estate life. It truly is something you don’t understand until you’ve had the experience. I would love to hear more background on how you got started and any tips you have on building a real estate portfolio. Thanks for sharing!