Wednesday, March 22, 2023

 Well...

I got quite a lot done, in fact I started wiring the breaker box.  I have been saving that for last, just something I figured should be done after everything else.  So, 2 of the 3 main lines are connected. I couldn't connect the third because it is some odd sized hex key that I will have to go buy.  Got the water heater wired, put the 2 inch pipe through the roof and put the seal on it - which is going to need further work but it's good for now.  I got the 4 outlet box installed and I dug a 2 foot deep hole and drove in the second, 8-foot ground rod.  

I was going to go to the store and get a hex key, until something happened.  Let's just say I found out the hard way that I had the runs.  TMI, I know, but it's why I didn't get the entire breaker box wired.  I have no toilet over there and I'm not going to be running into the woods.  So I quit for the day and am home, will try to get some paperwork done instead.  

Oh, and the new wifi router. Working great.  In fact, a better signal at the shed for it than where I have the other one.  I'm not sure where I want it.  Would like to have it indoors to keep it out of the coming summer heat.  But that shed is all metal and I suspect it will drown out the signal from going too far. At least, not on the rear of the shed where I will need coverage for Hipcamp.  Or extra lots?  

I used a mortgage calculator, at 10% interest on a 5 year term with zero down (property is collateral) and came up with $2,400 monthly payment giving a handsome interest profit over the life of the loan.  This would make the investor happy and I would be happy to have the opportunity to double the size of the park and live comfortably on that income.  Will it happen? I have no idea. I will find out, for sure!

So, I'm not really giving too much thought to it beyond what I had to do to find out a decent interest rate that would give the person a hefty return on their investment and still give me enough revenue to have the additional profit I need to be able to live off of it. 

______________

Well that apparently isn't going anywhere. Rather strange. I didn't bring the subject up neither was I hinting at anything . 

The contractor got back to me. That 7 grand system will do up to 15 lots. It must be the same size I already have.  The rest of the money was installing the sewer pipe and the other pipe that got installed with it.  If I could get them to install the septic and trench out the ditch for the pipe and wiring, I could do the rest myself with ease.  Well, with a machine, but you get what I'm saying.  

 But it would still cost a fortune to install all of the sewer pipe, water pipe, wire and pedestals. There isn't any way around this without a good sized loan. I'm not giving up, I just don't know if I need to spend a lot of mental energy on it considering the times we're in and the interest rates to be had.  I have phone calls to make tomorrow, I'm sort of motivated to get this thing rolling in the right direction.  

Anyway, it's almost 9:00 pm and tho that isn't particularly late, I'm going to bed. 

 Wednesday - Morning - Semi-early

Didn't sleep worth a pile of pins last night.  No idea why.  Just didn't.  I'm hardly coughing anymore, the meds are working quite well. 

Tried to see estimates for this month's electric bill, they just show a graph and it doesn't show the cost. Most days are just estimates, not actual usage.  

A person of interest threw out a - sort - of - interest in loaning me money stating they are interested in finding a way to increase their portfolio via interest.  Hmmm, I thought, I wonder if this person is serious.  Well, I'll look up average business loan interest rates going right now after being asked.  I found anything between 5 and 10%, but I need to do more searching. That may be old information, interest rates may be more than that now.

This would be amazing even at a high interest rate.  Add another 14 lots and even with a heavy mortgage note, I could still make enough money to live off of comfortably.  I will be floating this idea around with this person to see if they are actually serious about it.  They have money, I can say that for sure. I can also say with great confidence that I could fill up another 14 spaces within a month - or less. 

I could still manage a 28 space park without any employees.  I would probably get some outside contractors for certain things such as lawn maintenance.  I don't want employees - at least for now - because of the expense, obviously, but also the paperwork and IRS requirements.  Just a lot more work. I'm sole proprietor and it's fairly simply process.

Well, I'm not going to elaborate on this too much until I find out if this person is really serious about it.  I'm good for the money and yes, the RV park would be put up for collaterol.  In my view, it's a no lose situation.  If worse came to worse, I could quick-sell it for $300k, pay that person back and move on with life. I wouldn't expect that to happen, not with all the phone calls i get on a daily basis with people looking for long term rentals.  

Anyway, I have one mission today: Try to get that laundry set up close to done.  I'm pretty sure I can't get it all done, but I am sure that I can get pretty close.  I have to hook up everything in the breaker box, finish the water heater wiring, another wall outlet setup, the drain pipe going through the roof then move the dryer into position, determine where the hole should be in the side of the shed for the exhaust, get that hooked up, plug it all in, hook up the water lines and walaah.

LMAO, I can tell ya that is not all happening today, but I can get pretty close.  Plus hooking up the 3 main lines at the pedestal.  

OH and a second ground rod. That took me a good hour yesterday to drive in the first one. I hit some rock or something about 6 feet down and it took quite a while to beat that rod through whatever it was.  My reading has indicated that it's good to have 2 grounding rods for safety.  So, that's what I'm doing.  With all that I will have going in there, I want to be sure this isn't lacking.  

Well, my coffee time is up.  I have to do Cardpointe training - apparently it is an "annual" thing even tho I most certainly have not had it for a year.  Last night, some people called asking if I had a space available for the night? Sure - but it was so late I wasn't going to go over there to meet them. Simply pay for the reservation online and find your lot.  They called an hour later asking about WiFi?  Got that going and done with them.  Late night stragglers, lol, good for a bit of income.  Nothing I'll turn down, that's for sure, unless there are no lots available.  

Which reminds me, I keep forgetting: My signs need lighting on them. Solar lighting.  You know, it charges a battery during the day and automatically comes on at night? There is a sign off the highway right next to mine that has solar lighting and works quite well.  But especially the entrance sign at the park. At night? It's not the easiest thing to see, there are hardly any street lights on my street and the ones that do exist are not provided by the county, that's private citizens' setup.  

Ok, I could go on forever, I really need to get out of here.

G'day

 Monday - early afternoon I am just plain tired. I think it's all the rain.  The alarm went off this morning and I just wanted to shut i...