Yes, the landlord’s joint venture in Riverside had 80% of the entitlements completed. He and his group completed the remainder, and are waiting for the next city meeting to get the final approval. This is expected at the May, latest the June, meeting. I hope the buyer has a contingency for this all going through.
My landlord also told me that buying raw land and getting entitlements on it is the best way to make money in RE. He no longer buys houses to flip and rent in SD.
As far as my time, I spend too much time on reading. I spend several hours every day reading. But I don’t work, my kids are in school all day, so I basically have the mornings to clean the house, do my errands, work out, and read. Yes, I am one of the few women I know who actually cleans her own house. I am surprised at women who expect their husbands to work, and then just want to hang out, go to the gym, and call out for pizza. I think the husbands would get resentful. I don’t watch TV or shop too much, so reading is my vice. If you wish to call it a vice.
My internet reading consists mainly of piggington.com, and then I browse the links (but not the comments) on TheHousingBubbleBlog, and check out The Big Picture, BubbleInfo.com, RealEstateDecline.com, Patrick’s Blog, Bob Casagrand’s monthly report, and EuroPacificCapital. Some days I look at RealtyTrac’s foreclosure list. Most of this goes very quick, because I either browse the content, or select only the content dealing with the broader economy. I skip over repetitive stories. I really got into this topic late last year, when I researched whether we should sell our house, and am excited about all I’m learning. As long as I stay excited, I’ll continue reading on this topic. Last year at this time, I was practicing piano one hour per day, and I played at my kids’ piano recital (Fur Elise). So I’m not completely one-dimensional. If I were working, I would not have the time for this, that’s for sure. I’m reading Hot Commodities and Sell Now. My bookshelf is full of books on parenting (#1 priority for me), cookbooks, and the economy/investing/finance. Our whole family loves reading, so my husband and my 3 kids each have a National Geographic, newspaper, or book on their nightstands at all times. I spend too much time on this site, and I am sure my participation will decrease somewhat as time elapses from the sale of my home, the catalyst that brought me here.
