Sunday
A beautiful day off, much needed and frankly, well deserved. Tomorrow as well, but the way things have been going lately, who knows if that will actually materialize? I've got bush hogging to do over at the park and if I can get that done, I'm going to go visit with the dozer operator, have him come take a look and then plan on when to have the dozer delivered. The bush hogging shouldn't take more than a couple of hours at most.
But, who knows, lol. I really need to get pushing with this project and get as much done as I can do before the funds dry up. Meaning, before the funds are gone to the limit I want to take it with cash on hand. I must have X amount of cash to meet contractual obligations and monthly expenditures.
But not just enough to meet those, I like to keep quite a bit on hand in case something happens, such as my current trucking job disappearing because the customer isn't happy with our performance. Still, I should have enough to do the dozer work, get the electrical in between the pole and the stand and then put in hopefully 3 lots to start with. That includes pedestals with meters, enough sewer pipe to reach those 3 lots from the septic system, water line, the electrical line between the stand and the pedestals, renting a trenching machine or mini ex (probably the latter) and have enough gravel brought in for the pads on each of the 3 lots.
However, if I can only do 2? Then 2 it is. Get those lots rented out and start using the money to reinvest right back into more lots. This is why it will take a year or who knows how long to get 14 more in there, finances. It's a desire to get them done without going into debt. I mean like, any additional debt. Just cash, if I can't afford it, it waits. I can see at least half of it done in the next 4-5 months anyway.
It's the goal I'm currently working on and I really wish I were on the other side of it right now. This would open up the doors of opportunity for a large loan to put up a building and 25 more spots. If I had my druthers, the building would be an event center that has a full kitchen, bar area, a couple hotel rooms and a gathering center. Along with a game room and C store. We're talking some serious money and I'd have to have professional analysis done to see if it's viable in that area.
We're talking a few years down the road - or - when interest rates are finally brought back down. Sooner or later that Fed chair is going to have to do it. If he doesn't there's already talk of governors on the board over-riding him and lowering the interest rate regardless of the chair's feelings about it. The strange thing is, he's a Trump appointee from his first term. I guess give the guy credit for standing his ground, but is he standing on solid ground?
Church in less than an hour, out to eat somewhere, home and just spend the day at home after eating.
That's it for now, G'day.
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