Surprise!
Ah, I have had such a hard time keeping Mike's surprise. Last week someone in our office was selling Broncos ticket for last night's game so I bought them (very pricey) and had to keep it a secret for 4 days! It was torture. I conjured up a dinner with people Mike is not crazy about at a terrible restaurant and told him that's what we were doing last night. My plan was foiled when I got to the restaurant (close to the stadium) only to realize the city had already closed down streets. AHAHAH. So I called Mike and told him my surprise but said that I had purchased a friend of our's tickets which are probably the worst tickets in the stadium and he knows which ones they are! So, it was still cool to be able to lead him to seats where we could practically, as the lady at work said, lip read what the Broncos were saying on the sidelines. Now, if only it hadn't been freaking freezing and wet! Oh well, you can't have it all. Here are some pics of us freezing and wet.

I've been thinking about buying a business space now for about a year. It is so tempting! I've found a great spot that I like for about $300K which is going to be really hard to swing with one mortgage and a rental that isn't cash flowing. I know that in a year that space will be even more expensive so I feel that if I don't do it now there may not be a good time to do it.
The reason for getting the space is 2 fold 1) investment 2) space to set up my assistant, etc. We have 1 office in our building that I could rent for about $500/mos but it would still be tight for the assistant and I and I would feel very cramped in the space. If I ever get a third person on the team, which I hope will happen, then I am back to square one. I don't like the thought of renting in any situation.
Getting the space means holding off on the assistant for another year or so. The space is about 1,500 sqft so my hope is to carve out about 4 offices and sub-let the space to offset the mortgage until I need more of it. It's just such a difficult decision right now. AHAHA. It's a great opportunity but I just wonder if it will sink the boat. Hard to say for sure. Next year could be a horrendous year. Oh well. It will increase my business expenses to about $4,500/mos which is fairly significant. Hmmm...How much faith do I have in myself. That's the tricky question. Nothing comes easily and nothing worth having doesn't require risk. Is this just nutty risk though? There are lots of different ways to put the deal together that might mitigate the risk. Lots of food for though.

I've been thinking about buying a business space now for about a year. It is so tempting! I've found a great spot that I like for about $300K which is going to be really hard to swing with one mortgage and a rental that isn't cash flowing. I know that in a year that space will be even more expensive so I feel that if I don't do it now there may not be a good time to do it.
The reason for getting the space is 2 fold 1) investment 2) space to set up my assistant, etc. We have 1 office in our building that I could rent for about $500/mos but it would still be tight for the assistant and I and I would feel very cramped in the space. If I ever get a third person on the team, which I hope will happen, then I am back to square one. I don't like the thought of renting in any situation.
Getting the space means holding off on the assistant for another year or so. The space is about 1,500 sqft so my hope is to carve out about 4 offices and sub-let the space to offset the mortgage until I need more of it. It's just such a difficult decision right now. AHAHA. It's a great opportunity but I just wonder if it will sink the boat. Hard to say for sure. Next year could be a horrendous year. Oh well. It will increase my business expenses to about $4,500/mos which is fairly significant. Hmmm...How much faith do I have in myself. That's the tricky question. Nothing comes easily and nothing worth having doesn't require risk. Is this just nutty risk though? There are lots of different ways to put the deal together that might mitigate the risk. Lots of food for though.

1 Comments:
At 1:36 PM ,
Rachele said...
very very cool surprise.
I have no idea what to advise on the building. I guess try to envision two scenarios of a ten year timeline, and will it make a difference in 2016 if you get the building this year or next?
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