Wednesday, May 6, 2009


Ok I really need to give a project update. I stopped blogging around the start of this huge flip. Who would have thought it would have been our last real estate purchase for more than a year. A lot has gone on over the past year but I will try to hit some of the major events. My last update was right before the tragedy with Martin's daughter Phoebe. Real Estate really took on a different meaning. Lending really started to firm up and the boat was missed regarding any more real estate acquisitions. 5th Street needed to get finished. The target completion date was September 17. That month the economy started to tank hard. Financing was tight and cash for our project was very hard to come by. There was another infusion of cash that got the house mostly completed on the outside. Work is still going on the inside of the home. We are selling 7195 Mount Nimbus in order to access the equity that will allow the completion of 5th Street. Stay tuned for the Grand Opening happening next month on 535 5th Street. A link to the visual tour will be provided.

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