Today was a long time in comming...
Today I finally sold two rental houses that I have been dealing with for...quite a while!!! There is a really, really, really, really, really (well you get the idea) long blog in there someday about my many experiences with my rentals, but I will save that for a day when I want to humiliate myself and make everyone laugh. Actually I will save it for my book :)
So anyway here is the long and short of it (actually only the short). I listed three of my 6 rental properties for sale (there is a trivia for ya, how many people new I owned rental properties, how many of you knew at one time I owned 7 of them?) and through many obstacles along the way (including our closing date changing at least 3-4 times) and one of my houses apparently selling without me selling it (once, no really) and then getting that worked out, I finally sold them today. I had to work all day, but closing doesn't take long so I had someone cover me for an hour while I would be gone...except it was an hour and a half before we even started. Once we started it took about 20 minutes and then ONLY another 30 minutes for them to make copies of everything. In end the guy who bought them thought he was getting a good deal and I definitely thought I got a good deal. How many time do you hear of someone selling a property for less than they owe on it, not paying closing costs, not paying commission for the realtor, and not bringing money to closing? Plus I got rid of a problem house? I am guessing you don't hear of it to often.
Here is the interesting thing though you know how I said I listed 3 houses? Well I only sold two, bummer huh? But I still have 3 houses for sale, bummer number two huh? Hopefully I will sell the other 3 very soon and then list and sell my personal residence so I can then move to Florida, wouldn't that be great...living in Florida? I know, I can't wait.
So anyway here is the long and short of it (actually only the short). I listed three of my 6 rental properties for sale (there is a trivia for ya, how many people new I owned rental properties, how many of you knew at one time I owned 7 of them?) and through many obstacles along the way (including our closing date changing at least 3-4 times) and one of my houses apparently selling without me selling it (once, no really) and then getting that worked out, I finally sold them today. I had to work all day, but closing doesn't take long so I had someone cover me for an hour while I would be gone...except it was an hour and a half before we even started. Once we started it took about 20 minutes and then ONLY another 30 minutes for them to make copies of everything. In end the guy who bought them thought he was getting a good deal and I definitely thought I got a good deal. How many time do you hear of someone selling a property for less than they owe on it, not paying closing costs, not paying commission for the realtor, and not bringing money to closing? Plus I got rid of a problem house? I am guessing you don't hear of it to often.
Here is the interesting thing though you know how I said I listed 3 houses? Well I only sold two, bummer huh? But I still have 3 houses for sale, bummer number two huh? Hopefully I will sell the other 3 very soon and then list and sell my personal residence so I can then move to Florida, wouldn't that be great...living in Florida? I know, I can't wait.
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