Thursday, August 04, 2011

One more exam

I haven't got my results yet for Property Law, but my mortgage financing course is this Saturday. I still need to study a bunch, but hopefully I can review a bunch of stuff tomorrow night. From the readings I have done so far, the material doesn't seem to be too bad. I just hope that the last chapters are a little more advanced than I would have expected.

Monday, August 01, 2011

Feather-rented! Again!

My old house at 75 Arlington recently became vacant. The girls that have been living there have subletted since the end of school. So, they gave me the required 2 months notice at the end of July. They also mentioned that the subletters were going to try to take over the lease, but some of them were currently out of town.


After about two weeks, the subletters let me know that they would not be taking the place anymore. Since I didn't have anything signed with them, I had no recourse. Instead, I had to post on Carleton's housing website.

This time, the calls did not come in as feverishly as when I posted 73 Arlington a few months before. The calls did come in eventually, and I met some nice 4th year and grad school girls that were seriously interested in the house. Not wasting any time, I got them to sign a lease and pay up first and last month rent.

Overall, my three properties have had new tenants this year. As stressful as it is, it has meant that I can charge more for rent than I did last year. I now collect an extra $350 a month in rent. It goes a long way into making these properties more affordable. I am even seriously considered doing a major bathroom renovation.

Exam update

I am in the middle of writing three exams which are required for me to continue being a real estate agent. This morning, I saw that I passed my commercial real estate course. I was quite pleased with my results. The week leading up to the exam resulted in a couple of nights at bluesfest, so it goes without saying that my study time was limited. I did really well. I got an 86. A 75 is required to pass.


When I wrote the exam, I wrote beside a girl that has failed multiple times. I don't get it. The exams are pretty easy and it is expensive to have to repeat write. She seemed really outgoing, so she has that going for her as an agent, but it concerns me the number of attempts she is taking with these exams. It certainly is not an accounting level of certification.