Good News

In the department of good news I sometimes feel like I am lacking. Yesterday that changed a little bit. It doesn’t mean more bad news isn’t on the horizon or that we won’t be hit by something else today. That could remain a real risk. The thing to do now is enjoy the good news while it last.

I worked on this 1031 exchange for about a month. Which really isn’t a long time and that is the reality of a 45 day window. However in all of my calculations I used a conservative estimate for the rent we could get and yesterday I got news that we got more than I imagined out of one property and with two of the three new ones now rented we are already $800 over what we were getting from the exchanged property.

That is good and it will make up for the money that was bled out of the equity value through closing costs. We are about to go in and start improving the last property before renting it out. That is going to take some work, but it will end up to the good, and the price they want to list it at is insane. I got to say this new property manager might be my new best friend.

Good news is good and right now it was needed. I have been living a life full of bad news for awhile now. It hasn’t been great or good or fun to have the year I have. It is almost at its end. The process of probate is reaching its conclusion and I will be happy when it is over. Very happy.

This is where we are and what it is. I advise everyone out there to avoid probate at all cost because it is going to cost. I was a tad miffed at having to spend close to $4000 to set up a Trust for my wife and I the other day, but I likely saved my children tens of thousands of dollars with that one move and a hear of heartache.

I have said several times that I need a vacation when all of this is over, and I mean it. I need to go somewhere where I can be with my memories and finally get to process my grief. The rhythm was almost unreal. A loved one dies, you’re handed a task, and are instantly exposed to extreme scrutiny. It might rank up there as one of the least fun things a person can do.