Tuesday - early afternoon
First off, the unload went faster than it has in a quite a long time. 46 minutes and that trailer was emptied out of 45,000 pounds of liquid resin (glue). The drive home was a bit longer for I-30 had construction going on that had the lanes showing red on both Google and the other map I have on my phone. I took the scenic route which saved a lot of time but still took longer.
At this point in time, I have almost convinced myself to say screw the giant loan, get the septic system and start installing lots one at a time until I have 14 more in there, however long that takes. And yes, it would take quite some time, but I wouldn't be in a huge amount of debt doing it. I'd say give it a year to finish it since I don't have all the money up front anyway. I have enough for that septic system and then I'd have to come up with enough to install 2, 200 amp meters on the existing panel and have it wired into the wires coming off of the telephone pole.
I can't and wouldn't think of doing that part myself. The rest of it isn't exactly easy, per-se, just not as technical. More time consuming. Do one lot at a time as I can afford it. But, trench out the trench for say, 5 lots at a time. Those mini ex machines are costly to rent and I could actually dig out the trench for the entire 14 lots in one day. Just don't want to do that since it will be quite a while until I can get them all done.
I haven't fully convinced myself of this plan for it would entail me doing all of the work beyond installing the septic system and installing the line from the telephone pole to the panel - it's only like 15 feet, but they charged me $1,500 for that last time. From there to the lots I would be doing the rest. That's the electrical, water and sewer line.
_____________________________
Many, many hours later. I basically procrastinated on taxes. Just something I didn't want to do. Quickbooks didn't exactly make it easy, but it did make it easier. I had to go through an entire year's worth of bank statements, power bill statements, etc etc etc. When I thought I was done with everything, it told me I owed 8 thousand dollars! I didn't take that much out of the business last year, I was keeping the cashapp payments and the paypal which amounted to maybe 15k. It was showing me getting paid 44k.
I figured out what was going on and re-did what needed attention and then I came out with me being owed almost 3k. Yes, I reported the cashapp and paypal, I really need to get a business version of it going so it goes straight to my business bank account. Anyway, I think I have it right. I paid and obscene amount of taxes off of my trucking job which is basically what saved me from owing anything. I celebrated with a glass of iced tea replete with fake sugar (monkfruit).
That ate up many hours but I figured if I set my mind to it I could get it done in one day. I didn't want to have to pay a penalty on top of any potential taxes.
Taxes superseded everything today. I played a few games, we watched a movie that ended a few minutes ago and that's that.
Tomorrow I intend on looking at the front of the property to see what it would take to install 14 lots up there. It looks like an entire truckload of gravel per lot. It's just short of 14k pounds from a calculator I was using. $450 meter pedestal, $850 worth of rock, at least a grand worth of underground wire to get from the meter stand to the first lot, Probably $500 worth of sewer pipe to do the same and $200 worth of water line. That's it, you've got rock, wiring, piping and a pedestal.
But that's not really it, lol. Mini-ex rental, dozer rental, whatever else I'm not thinking of. Oh, yes, there will have to be another trash dumpster, more internet - however that is going to happen, another bathroom and laundry room. However, I don't have to have a laundry room or a bathroom in order to get it all started. I just want to get a few lots in to start with. I turned more people away today. This isn't as risky doing it this way as it is with taking out a loan. You have the risk that you can't fill the lots and you have all this money you owe on a monthly basis.....
I won't get a second dumpster tho. I'll just get a much larger one.
Anyway, that's where my thoughts are at atm. At least as far as the business goes.
There's other things on my mind, of course, but securing my financial future - well part 2 would be nice to get started at least. I basically need part 2 - 14 more lots and then part 3 - 14 more after that - to be able to afford the park, everything it will need with that many lots (paid employee), and my personal bills/lifestyle/health insurance, etc. 14 more after that would be the icing on the cake. But then it's a lot more work and more amenities - at the same time, you are bringing in some serious cash. Anyway, let's just think about part 2, shall we? lol
No comments:
Post a Comment