mikes journal of alaska march 31 2009

mikes journal of alaska march 31 2009

well ive been away for a while from here, actully since december been working on prudhoe bay for the winter here in alaska, i now relize its just a job to better make things happen for progress in realastate!!

my triplex is doing fine got mostly good tennats always pays close ot on time, no buyers yet,spring is around the corner here in may, i had some extensive repair this winter with the septic leakage, not fun my
heating bill went sky high, looking for a more effeniant boiler for my place before next winter, i lost half my butt from apying the heating each month didnt help when the gas co.raised the cost by 22% now they call themselves a transport company ,after people started to compalain, ironic,
I still like to invest in more props , ive found it so much harder now to qualify for loans so forth, up here in alaska everything is soooo much higher then the houses i see down there . mybe i nned to invest down there ,its hard when i live up here.

thats about it .
take care

830 put mack my husky out side and fed for the day
came back in fed my cat blacky
900 had my first cup of coffee for the day
915 checked my emails on future properties on replys back
930 emailed the advisory hot line for some guidness
on two more multi props im looking at, i sent comps on the first prop to them to hopfully help , second prop is a 6plex bringing in 5600 in rents each month, motivated owner price 475,000 thought i check on that prop not sure how to finace something like that but worth looking at i think
940 am writting my first day jounal ,
be back later
9:40am to noon checking lv hardmoney lender out , emailing back and forth, at first they said no but then they said they may lend 65% of ltv,but at 11% to 16% ouch!!!!!

june 10 2008

7:00 am out of bed
fed animals get some coffee make my breakfast shake
bann, orange juice ice whey powder, yorgut vannella
see whats happening on news
900 am check my emails , reply to the sigh up deans challenge
900 am getting readyto go to anchorage to take abuddie to the airport , pluss swing by the triplex
to take front and back pics for the insurrence co,sigh some paperwork,
shoulf be back here in the evenning tonight

noon to 16:30 helping buddie out at hes land, was ablr to pull a front bumper off a old truck for my olf truck ,in decent shape free iliked that
1630 1700 my agent called me we spoke ,they sent the final paper work last friday for the triplex to seller
to sighn ,just waiting for them to sighn then i do one last walk through then i do my closing i got my fingures crossed by friday,
1700 cooking dinner pan fried chicken, potatoes, vegies
nothing specail ,
1730 on here typing my daily journal,
im done today see ya

__________________

michael scott sondgeroth

150% determined believe!!! successful most of all have fun!!!!!!!!!

BE A DO,ER NOT A TALKER!!!!!!!!


Hey, Mike!

Thanks for starting your journal. We'll be watching your progress. (Good to see another fellow PMI student in here, too.)

Best wishes on your REI!

Rina

__________________

"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)

"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11

For a little about me, welcome to the site, and a few tips for new DG family members, click on this link: http://www.deangraziosi.com/user/3249


re rino

thanks for the fed back, i just cant believe im the only one up here in alaska
im going to make this happen i know i will
have to believe

__________________

michael scott sondgeroth

150% determined believe!!! successful most of all have fun!!!!!!!!!

BE A DO,ER NOT A TALKER!!!!!!!!


Mike, you believe it!

You will make it happen! And remember, we're only a post away, so we're all in this together. Smiling

Rina

__________________

"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)

"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11

For a little about me, welcome to the site, and a few tips for new DG family members, click on this link: http://www.deangraziosi.com/user/3249


yes i do believe!!!!! and thankyou!!

its nice to have my new family here to help one another out
sincerly
mike

__________________

michael scott sondgeroth

150% determined believe!!! successful most of all have fun!!!!!!!!!

BE A DO,ER NOT A TALKER!!!!!!!!


Welcome mike

to the REI journals forum. I know you have been working hard and I look forward to following your progress. How did it go with your apartments.

__________________

Anita
******************************************
TWITTER - anitarny / FACEBOOK - anitarny

"FAILURE IS NOT AN OPTION"


anitarny reply

im still waiting for the closing to happen on the triplex in anchorage, i poke to the agent last friday they were waiting for paper work back from the bank back east to , he told me this week for sure, advantage mortgage said everything is in order to close from there side. im playing thw waiting game . im looking at other multi props getting comps and doing some research on them,i need to figure how im going to swing my next prop on finacing, i think i told you about my 4unit place i bought two years ago from a friend , im waiting for that to refinace , its a slow prossess
for me at the moment, wish i could just snap my fingures it would happen lol

how is your 12 units you were looking at???

__________________

michael scott sondgeroth

150% determined believe!!! successful most of all have fun!!!!!!!!!

BE A DO,ER NOT A TALKER!!!!!!!!


Way to go Mike!

Sounds like Alaska's going to be taken by storm... Hurricane Mike's a'comin!
Keep us posted of your journey!

__________________

Cool Elena Cool
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."


elanea

i sure will keep you guys posted im building up wind power as we speak

__________________

michael scott sondgeroth

150% determined believe!!! successful most of all have fun!!!!!!!!!

BE A DO,ER NOT A TALKER!!!!!!!!


12-units

I am working on getting equity partners instead of HML's. the bank has started leasing them out so if I need to get some kind of HML then I am better on the interest rate because they are now no longer vacant.

__________________

Anita
******************************************
TWITTER - anitarny / FACEBOOK - anitarny

"FAILURE IS NOT AN OPTION"


annita

i wish you the best of luck there , what is hmls, i dont know to be honest, i tried a hard money lender today to see about getting finacing,
they dont have any money for alaska right now. what would your partners have to do
im curious .
mike

__________________

michael scott sondgeroth

150% determined believe!!! successful most of all have fun!!!!!!!!!

BE A DO,ER NOT A TALKER!!!!!!!!


Hello fellow Alaskan

You are not the only one on here, I thought I was the only one here as well, hopefully more will pop up. I have been diligently working on my buyers list and finding fellow investors here in Alaska the good news is that I have had some progress. I would love to get in contact with you, I can give you a serious boost in contacts in your investing area and hook you up with an investment group in your town. I also come across a lot of good deals on multi unit buildings that you might be interested in. I think if we team up we can take Alaska by storm. I look forward to hearing back from you.

Sincerely, Tom Taylor