7/23/06 Project Updates and New biz info

Well, the project is moving along, though I am still waiting on the windows. The rooms inside the building are being built and all of the Menards materials arrived this week. The contractors got to using them right away and started remodeling the inside. I'll need to pick out paint and lighting next week to keep everything moving along. Next week the masonry guys will be in pouring the floor to get ready for the windows. It's making progress, just not as fasst as originally planned. Well, that's how it goes sometimes. I had all of this planned out so well and very detailed, I spent extra time with all contractors working out details and confirming schedules and everything was going great. However, while driving to my Duluth property to prepare to market it, I got a call from one of my guys telling me the windows got delayed. How frustrating!!! Well, in situations like this there are two ways to handle it, get really mad and yell at people, or reasses the situation and figure out how to keep stuff moving along anyhow. Granted, there are good times to yell at people, in order to communicate your frustration with them, however this time was not one of those times. I refigured out a few things, called some contractors and moved stuff around. The inside is getting redone now, while we wait for the windows, rather than the windows being first. This will change the plan a little, but will still help everything to get done near the deadline. We are shooting for a completion date of August 15th, I think we are well on target to hit that.

I acquired an outdoor sign for the retail space this week. It's an old Radio Shack lighted outdoor sign in very good condition. I'm arranging for pickup and delivery of it next week. Then we'll have to arrange a crane to lift it up the the roof and install it. It should be a fun project and will make a big difference for the appearance of the building.

I drove out with my main sales guy this week, to see some of my properties. We looked everything over and are planning to list 2 lots in Hibbing, near Kelly Lake. These are just residential lots that overlook the lake. We'll be listing those by the end of the month.

Some exciting news, we are launching our new venture, Real Estate Create on August 1st. This company is focussed on designing eye appealing websites specifically for real estate agents and brokers. Our team of designers and programmers is unbeatable and we I believe we really have an outstanding product to deliver to agents and brokers. I'll talk more about this whole new biz process on this blog as well, hopefully it will be of some benefit to you readers.

All of this is to help us all learn and grow. I'm starting my 5th business here with Real Estate Create. It fun and keeps me busy, everyone has been a success and has had its ups and downs. I've learned a lot and it keeps me going. Real Estate and Business is what I do for fun, it's what keeps me going, I can't help myself from waking up at 5:00 am and being ready for an exciting day at the office. It drives me! I am currently in the process of rearranging my schedule to dedicate 1 workday per week to each business, that will tie up my week for me and should allow me to keep everything under control.

Well that's all for now, I'll let you know next weekend how this week went.

Happy Investing!

7/16/2006 Remodel Updates

Well the windows got pur on hold for the retail space remodel. The manufacturers workers went on strike and it has delayed everything 3 weeks. This really sucks, because I just got all the other contractors lined up and organized to get the progect done before August 1st. Now the windows won't be able to be installed until August 6th. I'm going to need to readjust the entire remodel schedule accordingly.

On a good note, the was some concerns about the dip in the concrete floor and a stream being underneath the building, but we busted it up and had an engineer come out and everything is fine. The new floor has been repoured and all is looking good.

This week is a short post, but not much has changed. I will update again as I get new information.