Yep, every business wants some positive cash flow (at least every ethical business does). We’re happy to say ours has increased twice this week.
This house is finally and completely closed, so we are no longer renting it to the family who lives there. They own it! We wish them many happy returns and many happy years in the lovely neighborhood. I’m glad we were able to be patient and wait until their financing worked out, but it sure did seem like a long time.
Villa Park A
You may have seen that Lee and I had put this property back on the market, and the front unit was for rent (we were sad to lose some great tenants). Carol has been working hard, and we now have an approved rental application, so the cash will start flowing from that soon. Plus, there is a fellow investor interested in buying the property so THEY will have some cash flow. We’ll let you know how that works out.
Of course, now I’m thinking that would be an ideal property for rain gardens, but let’s move forward and do that on a new property, OK?Hermann says please like and share!