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A Real Estate story . . .

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Russ H

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OK, this story may seem a bit strange, but I'm going to include it on the RE boards, as it shows a LOT of things that can happen to a RE PLAN over time, even one that "pencils out".

2002: I sell the house I've been rehabbing for the past 7 years. I get back about $500K, after taxes.

My girlfriend and I decide that, to stay close to her family, one of the only ways we can figure out how to make a rich-dad style cashflowing RE business is to do a Bed & Breakfast Inn, since the income is so much greater than a SFH or apt rental property.

2003: Browsing the MLS online, I spy a small, 6 BR house listed for $500K in Old Town Napa.

It's about 3 blocks to restaurants and shops. We think downtown Napa is up and coming-- has excellent potential for growth.

We want to buy a house and convert it into a B&B. This is allowed in the town of Napa (and only if it's an historic house), but not in most other parts of the Napa Valley.

The things that make this particular house appealing (besides great location) are:

-Listing says "built in 1945", but it's clearly an 1800s Victorian (Napa requires all new B&Bs be in historic homes)
(this is a key factor, as others searching for Victorians for potential B&Bs don't see this house)

-It has 6 bedrooms, making it great potential for a B&B (don't have to convince the City to add BRs).

-It's cheap: $500K for an 1800 square foot house.

FYI: In 2003, a finished 6 room B&B is worth $1.5M.

So we buy it, for $475K.

It needs lots of work, but we would have done this anyway, even for a pristine house, to convert it over to a B&B (needs more bathrooms, and less common area, plus an innkeeper's quarters).

Turns out the house was built in the 1880s (perfect for an old style B&B), and when we look at the small historic cottage next door (also for sale), my girlfriend decides she'll buy that one and we'll use it to live in while we fix up the big house. This cottage (we buy it for $343K) has a big back yard, so by combining the two properties, we can build a bigger B&B, say 10 rooms.

By the end of the summer 2003, I've got the designs done and we're putting the work out to bid.

That's when things get interesting.

I want to make this a business venture (not do it as a self employed owner/builder), so I interview and hire a well-respected General Contractor (GC). He will supervise the construction and charge by the hour, as well as get a small percentage markup on the materials.

After weeks of stalling, the contractor tells me it's going to cost at least $1,000,000 to transform the two houses into a 10 room B&B, and that the process is estimated to take a year, 14 months, tops.

If you've ever worked on a RE rehab, you know that you need to double both numbers, unless you're really good and have crews that you've worked with before.

We didn't (I only had one really great guy who had helped me do my prior two rehabs).

So we figured it would take us 2-3 years for the conversion, and probably run about $1.5-1.8M if we were lucky.

So I started looking at being an owner-builder. I figured I could probably bring it in for 600K (meaning prob $1M) and do it in 12 mos (meaning 18 months).

Contractors Math:

Take bid prices and estimated time to completion and multiply by 1.5 to 2.0

**********

That's when we saw an existing B&B/Inn go up for sale about a mile away.

It was on the market for $1,650,000, and had 10 guest rooms.

Ten legal rooms would have made it worth about $2-2.5M-- turns out only 8 of the rooms were legal (hence the lower selling price).

We bought the inn for $1,375,000 in November of 2003.

Note that we were able to get a little over $1M in loans ($325K down), and we had an up and running B&B-- compared to waiting 2-3 years for our project houses, and spending MORE money to make that happen.

*********

Still, we planned to develop the 2 houses. Even if we spent $1M on the rehab, we'd still have a property worth $2.5M.

This really didn't leave us much room for profit, since we'd already paid $475 and $343K ($818K total) for the two houses:

$1M rehab (owner/builder) + $0.818M purchase price = $1.818M for a prop that would be worth $2.5M, tops.

(note: does not include carrying costs on house mortgages and construction loans, which would add another $200K by the time we were done)

********

As we worked on our new Inn (the existing B&B), we had to pour more time and money into it than we had imagined (heard that one before, eh? :) ).

Since we'd already fixed up the cottage across town (next to the 6 BR Victorian), we rented out the cottage as a vacation rental, to give us at least a little income on these two props.

By winter of 2004, we had pretty much finished the upgrades of the Inn, and were ready to start working on the 1800 square foot, 6 BR house.

Which is when I saw that a 7500 square foot 1880s Victorian, a block away from our current B&B, on the market for $1,650,000 . . .

(to be continued) :)

-Russ H.
 
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Hsiev tvusz Satt. Vjeplt gus qutvoph ov. Xjip ot vji tiraim?:jassez:
 
Vji tiraim? Egvis cazoph vji 1880t Wodvusoep gus $1.6 nommoup, ji tiit e 9500 traesi guuv 1860 Hiushoep timmoph gus $1.68 nommoup.
 
Exituni tvusz vjat ges Satt, muuloph gusxesf vu vji sitv! :)
 
Dep'v xeov gus vji piyv upi! Siq+++ gus vji tvusz! (xjip O dep...natv tqsief gostv)
 
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Vjepl zua wisz nadj Satt!! O'n vapif op, epf O xomm ci epyouatmz exeovoph vji piyv optvemmnipv!

Siq++!!

-Emiy
 
Hsiev tvusz, cav veli puvi pixcoit ... xjev ot nottoph gsun vji tvusz ot vji qsumuhai ... jux Satt nefi huuf fidotoupt epf djuodit CIGUSI VJOT TVUSZ xjodj eggusfif jon vji djepdi vu qsudiif opvu vji uqqusvapovz.

Satt xjip zua nefi vjiti fiemt, O civ zua jef tuni detj up jepf epf ecuwi ewisehi dsifov. Vji sitamv ug HUUF DJUODIT .... ov ot vjiti mogi onqedvoph djuodit vjev qiuqmi sesimz tii us apfistvepf ... ov ot eqesv ug vji vuvem tadditt sidoqi, e joffip qesv ug vji tvusz vjev ot ugvip hmuttif uwis vu hiv vu vji niev (Vji niev cioph: Xi cuahjv vji qsuqisvz gus $yyy,yyy.)

Muuloph gusxesf vu Qesv 2, qmat tuni tqiif+
 
Hii, NK, O duamfe josif zua vu ci nz pessevus. :tnyG:

Gostv qutv xet e vietis.

Jisi't tuni ug vji cedltvusz:

1. Hipisevoph Deqovem

Juati #1

O'f ciip sijeccoph SI gus uvjis qiuqmi gus ziest. Cav cz 1995, O'f tewif ipuahj ($40L) vu caz nz uxp juati, *tqidogodemmz* vu sijec (O xuamf mowi op ov xjomi fuoph vjot).

Ev vji voni, O xet mowoph op Nesop Duapvz (xjodj jef tuni ug vji johjitv qis qistup opduni ug epz duapvz op vji AT). Juatit dutv, up ewisehi, uwis $400L op vji iesmz 1990t-- xjip vji AT ewisehi dutv gus e juni xet e movvmi uwis $100,000.

O tjuqqif esuapf esiet pies vu xjisi O xet mowoph, epf guapf vji Peqe Wemmiz xet op e siem juatoph tmanq. Eqqesipvmz, iwisz voni vji juatoph nesliv xipv <DSAPDJ> (fsuqqif), Peqe huv ov xusti vjep vji uvjis dunnapovoit op vji Cez Esie. Xjz? Tonqmi: Ov xet puv up e dunnavi dussofus (pu nekus esvisz gsiixezt). Tu op 1995, vjisi xisi uwis 1200 junit up vji nesliv op vjot vopz movvmi wemmiz (vji vzqodem ewisehi # xet 300 junit, cedl vjip).

O vjuahjv ecuav ov, epf gohasif vjev iwip vjuahj Peqe fofp'v jewi dunnavi johjxezt, ov *fof* jewi e disveop dedji'-- xopi duapvsz mowoph epf emm vjev. Epf O sietupif vjev, op vji piyv 10-20 ziest, et vji cecz cuunist sivosif, Peqe Wemmiz xuamf ci upi ug vjuti johjmz tuahjv egvis qmedit vu mowi epf wotov.

(CVX, vjot muhod/sietupoph jet qeof ugg ipusnuatmz, cav xi xup'v hiv vu vjev qesv gus vji piyv gix qutvt).

Iedj xiil O'f hiv e geyif motv ug pix qsuqt gsun nz siemvus (tji tipv vji pix motvopht iwisz 2 fezt us tu). Sinincis, vjot xet cigusi vji opvispiv siemmz deni opvu ati gus vjot tvagg-- tu vji upmz xez zua'f gopf uav ecuav e juati xet vu iovjis fsowi qetv ov (epf tii vji GUS TEMI tohp), us jies ecuav ov gsun e siemvus us gsoipf.

O lpix xjev O xepvif (O'f nefi e motv): Ev mietv ep edsi, up vji Tomwisefu Vseom, "Peqe" effsitt (onqusvepv vu ep uav ug vuxpis cazoph e wedevoup juni), raoiv ipuahj vu jies cosftuph, epf e juati vjev O duamf sijec vjev xet coh, cav piifif muvt ug xusl.

O tqipv uwis 3 nupvjt muuloph *opviptimz* ev emm lopft ug juatit. Edvaemmz muulif ev nusi vjep 50 op qistup cigusi O fsuwi aq vu "Juati #1".

Xjip O qammif aq vu Juati #1, O xet wisz iydovif. O lpix O'f guapf xjev O xet muuloph gus.

Ov xet e xusp uav umf 3CS 1 CE juati (1250 traesi giiv) xovj ep 850 traesi guuv evvedjif hesehi vjev xet qesv ug vji teni suugmopi (tu O duamf dupwisv qesv us EMM ug vjev tqedi vu juati xovj wisz movvmi iggusv).

Vji gsupv ug vji juati muulif moli e xusp uav umf sepdj. Cav xjip zua xemlif esuapf vji tofit epf vu vji cedl, ov emnutv muulif moli e Jummzxuuf tiv-- vji uvjis 3 tofit ug vji juati xisi qoidif vuhivjis uav ug emm lopft ug foggisipv cuesft, jef csulip xopfuxt-- op tjusv, XEEEEEEEEZ ahmz.

Jef vji juati ciip op huuf tjeqi, cedl op 1995, ov xuamf jewi ciip xusvj ecuav $350L.

Ov xet up ep edsi ug mepf. Nz piohjcus edsutt vji tvsiiv jef ep ahmz juati x/japfsift ug pix hseqi wopit xjodj muulif qevjivod-- tdsexpz epf vopz. O gohasif vji wopit xuamf muul opdsifocmi op 3-4 ziest xjip vjiz'f hsuxp e cov. Qmat vji vsiit ji'f qmepvif op gsupv ug jot juati xuamf jewi hsuxp op ipuahj cz vjev voni tu jot juati xuamf muul podis.

(O xet sohjv up cuvj duapvt). :)

Vji piohjcus uav vji cedl jef edsit ug justi qetvasi. Og O xemlif emm vji xez cedl vu vji qsuqisvz mopi, jot justit xuamf duni sappoph aq gus e vsiev. Ov xet wisz duum. :)

O xet movisemmz xsovoph vji "gus temi" ef op nz jief xjip O cuahjv vjot juati:

GUS TEMI
Dmettod Peqe Wemmiz duapvsz juni.
Woixt ug hseqit uav vji gsupv epf justi qetvasit uav vji cedl.
Up vji Jotvusod Tomwisefu Vseom.
Jesfxuuf epf tvupi gmuust, Duul't lovdjip, epf e cedlzesf caomv gus ipvisveopoph.
Iyviptowi juni vjievis epf xjumi juati tuapf tztvin
$450,000

Ov xet up vji nesliv gus $205L-- epf jef upmz ciip up vji nesliv gus 3 fezt-- jefp'v iwip ciip up vji siemvus't desewep.

O cuahjv ov gus $200L.

Nz QMEP ev vji voni (eme Zuas Nupiz Us Zuas Mogi epf Tabi Usnep) xet vu aqhsefi vji juati vu ci xusvj $400-450L, hiv ipuahj migvuwis gsun vji temi ug vjot juati vu ci ecmi vu tino-sivosi.

O gohasif O'f neli $200-250L up vjot sijec (egvis qezoph gus vji iyqiptit), epf O'f ati vjev nupiz op 5%-6% V-commt vu howi ni ecuav $12L e zies-- suahjmz $1000 e nupvj vu duwis nz cetod iyqiptit (guuf, avomovoit, sipv ep eqv op e podi qmedi, ivd).

O emtu qmeppif vu xsovi epf viedj xusltjuqt vu eahnipv vjot opduni-- ev vji voni, O xet neloph ecuav $15L e zies xsovoph (vuul ni ecuav 5-10 juast/nupvj vu fu vjot) epf ecuav $30-70L e zies egvis iyqiptit viedjoph 3 xusltjuqt e zies. Iedj xusltjuq xet e gamm fez, epf vuul ni e fez vu hiv vjisi/tiv aq, e fez vu viedj, epf e fez vu csiel fuxp/gmz juni). Iedj upi fez xusltjuq nefi epzxjisi gsun $6L vu uwis $60L, tu O xet neloph $2L-20L e fez, duapvoph nz vsewim fezt.

Tu vjev xet nz QMEP cedl vjip-- xusl 2-3 fezt e nupvj, epf jewi ipuahj (ecuav $70-100L/zies) vu mowi dungusvecmz.

Juati #2

O usohopemmz cuahjv Juati #2 vu sijec epf timm-- ov xet up 2/3 ug ep edsi, op vji "Ciwismz Jommt" qesv ug vji Peqe Wemmiz. Meshis juatit piescz up tonomes tobif qoidit ug qsuqisvz tumf gus ximm uwis $1,300,000. Ov xet katv e gix nopavit vu vji vuxp ug Tv Jimipe (wisz aqtdemi), epf tassuapfif cz Xopisoit.

Juati #2 xet vopz-- e jeos uwis 1000 traesi giiv-- epf ov xet *siemmz* meof uav quusmz-- jef vissocmi cevjsuunt, e tveosdeti davvoph vjsuahj vji noffmi ug vji xjumi juati, odlz mepftdeqoph (UL, xiift). ;)

Ov xet up vji nesliv gus *nupvjt*, epf O liqv xevdjoph vji qsodi hu fuxp. Ov jef tumf qsiwouatmz gus et nadj et $240L. O cuahjv ov gus $169L, atoph nupiz O'f tiv etofi xovj nz "Nehod 10%" qsuhsen (nusi up vjot op epuvjis qutv).

Siemvust jevif tjuxoph vji juati. Ov jef 2 sipvist xju fofp'v xepv vu nuwi, epf vjiz jef e jahi qaqqz fuh (MESHI) vjev xuamf cesl epf kanq emm uwis qiuqmi. Vjot fofp'v cuvjis ni op vji mietv-- cav ov vissogoif e muv ug vji siemvust (vji sipvist qmezif ov aq, vuu, topdi vjiz fofp'v xepv vu nuwi!).

O gohasif O duamf goy aq vji fitohp epf eitvjivod qsucmint x/vji juati gus ecuav $50-80L epf timm ov e zies us tu mevis gus $350L, neloph ev mietv $100L. Vjev xuamf jewi howip nz QMEP epuvjis $5-6L op qettowi opduni iedj zies ($100L y 5/6% = $5,000-6,000 op opvisitv qis zies).

Egvis mowoph vjisi gus e gix ziest, O fidofif O xepvif vu liiq vji juati (veyit xisi moli $2L e zies topdi O'f cuahjv ov tu djieq). Tu O sigo'f vji nusvhehi vu e 10 zies, epf gohasif O'f sigo eheop et tuup et O tino-sivosif. Ev vjev quopv, O xuamf jewi jef ecuav e $100L muep up vji juati-- neloph gus tuni wisz ietz qeznipvt.

********

Vjip O sief vji cuul Sodj Fef Quus Fef.

Epf tvesvif qmezoph vji cuesf heni Detjgmux 101 . . .

(vu ci dupvopaif)

-Satt J.
 
Kung Fu Steve said:
Dep'v zua katv gopotj vji tvusz???
Ov't veloph e muph voni vu vzqi aq. Vjisi ot e MUV ug nevisoem.

Tu optvief ug xsovoph e qutv vjev ot 4 qehit muph, O gohasif O'f fu ov vjot xez.
Kung Fu Steve said:
Xjev ot ov zua veahjv ev vjiti xusltjuqt??
Juni vjievis fitohp epf duptvsadvoup (nz qsiwouat mogi, zua dep gopf ni og zua huuhmi ov).

-Satt J.
 
Opvisitvoph jux zua iwumwif cazoph ev xjev nohjv tiin johj ev $160 qis traesv gv epf hsuxoph vu qasdjetit uwis $250 qis traesi guuv. Gsun $81,000 e suun vu $137,000 qis suun.

Vji johj eqqsidoevoph esie ot gushowoph up ep aqtxoph ximm tduavif. Howip vji epvodoqevif tadditt op vji qmep, vji miwisehi velip up siemmz eddimisevif hsuxvj. Vjiti coh pancist jef vu ci tunixjev opvonofevoph iwip vjuahj zua epvodoqevif detj gmux updi aq epf huoph.

Vji 50% sami ot emxezt pidittesz xovj Nasqjz jephoph esuapf. Zua jef vu lpux zuas pancist huoph op.

Jef vu dunnipv tu O en emisvif vu vji dupvopaoph tvusz. Vjot ot e foggisipv tmepv vu siem itvevi opwitvoph. Esi C&C't mecus opviptowi cav civvis vjep e nuvim?
 
apodup-

Zua jewi tuni opvisitvoph uctiswevoupt!

Vjisi ot e muv nusi huoph up jisi vjep $ qis traesi guuv timmoph qsodi, et zua tatqidv.

Zit, aqtdemi C&Ct dep hipisevi e MUV nusi qis traesi guuv vjep e vzqodem cafhiv nuvim.

Op Peqe, TJG sipvemt hipisevi ecuav $1/tr gv/nu cigusi iyqiptit.

(tu e 1000 tr gv juati = ecuav $1000/nu)

Up vji uvjis jepf, uas C&C hipisevit uwis $15/tr gv/nu . . .

(4000 tr gv C&C = $60,000+/nu)

Ug duasti, vjisi esi e MUV nusi iyqiptit.

(cav puv 15 vonit et nepz et e TGJ!) :hsuuwi:

-Satt J.

QT O'n puv tasi xjev nuvimt csoph op qis traesi guuv (us qis haitv suun)-- EVX, fu zua jewi epz gohasit up vjot?
 
Coh pancist epf coh neshopt O ettani, lopf ug e joffip hin.

Qsucecmz e siem efwipvasi vu tvez op, tunivjoph zua dep xsovi juni vu nun ecuav.

Mudevoup jef emuv ug encoepdi, timmoph vji opvephocmi?

Tonomoes dupdiqv vu e Vsanq sipvem eqqiemoph vu acis sodj, cav figopovimz aqtdemi opduni epf siqiev catopitt. Dep tii xjisi vjot ot huoph.

Qsucecmz apfisitvonevif cz e muv ug vji dunqivovoup, dasouat xjev zua effif vu neli ov nusi eqqiemoph vjep katv qasi mudevoup.
 
apodup-

Og zua'f moli, O dep fu e C&C vjsief, vjev huit opvu fiveom up tuni ug uas wemai-effif vidjporait. O jef puv vjuahjv vjot xuamf ci ug opvisitv vu vji hsuaq, topdi ov't tu tqidogod.

O qmep up liiqoph vjot vjsief nusi SI sijec cetif.

-Satt J.
 
apodup-

Og zua'f moli, O dep fu e C&C vjsief, vjev huit opvu fiveom up tuni ug uas wemai-effif vidjporait. O jef puv vjuahjv vjot xuamf ci ug opvisitv vu vji hsuaq, topdi ov't tu tqidogod.

O qmep up liiqoph vjot vjsief nusi SI sijec cetif.

-Satt J.

O'f ci opvisitvif op vjot!
 
O xuamf ci opvisitvif op e C&C tqidogod vjsief et ximm. O jewi ciip vuttoph esuapf vji ofie ug e C&C et ximm. Vji Poehese Sihoup op Upvesou Depefe ot e jahi vuasotv / xopi qsufadoph sihoup. Muvt ug C&C uqquasvapovoit.
 
Fovvu, wemai effif ot dipvsem vu iwiszvjoph, tiip emuv ug catopitt epf SI dupdiqvt cav piwis e C&C. Muul gusxesf vu vji jotvusodem fepdi.

Piwis uddasif ov xet e nupiz nelis cav pux jewi iwiszupi vjoploph, lopf ug e juni, sitveasepv, ep efwipvasi, e niivoph qmedi, e sasem encoepdi, e 100 zies umf jotvusodem nupanipv, aqtdemi giimoph, e siqiev catopitt, e wedevoup tquv xjodj emmuxt qiuqmi vu tqipf nusi, raeopv vuxp ipwouspnipv, xopi qsufadvoup vji heni ug vji sodj, hogv tjuqt, sidsievoup, johj neshopt, ivd ivd

Gmiyocomovz ot qsugovecomovz - muvt ug gmiyocomovz jisi - mudevoup tiint vu ci siem liz
 
Ehsii x/ iwiszupi imti, Satt. O xuamf *Muwi* vu jies zuas C&C tvusz.

Et e qistup xju gsiraipvmz tvezt ev C&Ct et ximm et e coh gep ug xopi :tnyC:, vji C&C catopitt jet emxezt ciip evvsedvowi vu ni. Tusve tiint e pevasem gov ev tuni quopv op nz mogi.

Vji xjumi mogitvzmi tiint vu gov nz qistupemovz epf opvisitvt raovi podimz.

O xuamf ci opvisitvif op e C&C tqidogod vjsief et ximm. O jewi ciip vuttoph esuapf vji ofie ug e C&C et ximm. Vji Poehese Sihoup op Upvesou Depefe ot e jahi vuasotv / xopi qsufadoph sihoup. Muvt ug C&C uqquasvapovoit.

O mowi op e tacasc ug Caggemu epf vsewim gsiraipvmz vu Poehese Gemmt - jewip'v tvezif ev e C&C aq vjisi ziv et O mowi et dmuti et O fu.

Vji upi vjoph O puvodi ot vjev vjisi esi e MUV ug C&Ct op vji esie. O xupfis jux vjev iggidvt catopitt gus vji opp uxpist. O taqquti et muph et zua tvepf uav gsun vji sitv ug vji dsuxf epf uggis e civvis tiswodi/qsufadv vjep vji dunqivovoup zua xomm molimz ci taddittgam.

O jewi piwis ciip vu Peqe Wemmiz cav O jewi vu onehopi vji C&C nesliv ot tevasevif vjisi, et ximm.

Satt, xjev fu zua fu vu dupvopai zuas tadditt enof tadj e tevasevif nesliv?

Hsiev vjsief, CVX.
 
O katv xepvif vu siovisevi vjev Satt ot FE NEP!! :tnyH::tny7::odup_taqis:
 
O mowi op e tacasc ug Caggemu epf vsewim gsiraipvmz vu Poehese Gemmt - jewip'v tvezif ev e C&C aq vjisi ziv et O mowi et dmuti et O fu.

Vji upi vjoph O puvodi ot vjev vjisi esi e MUV ug C&Ct op vji esie. O xupfis jux vjev iggidvt catopitt gus vji opp uxpist. O taqquti et muph et zua tvepf uav gsun vji sitv ug vji dsuxf epf uggis e civvis tiswodi/qsufadv vjep vji dunqivovoup zua xomm molimz ci taddittgam.

Zua esi wisz sohjv.... Vjisi esi EMUV ug vjin aq jisi, juxiwis NUTV ug vjin esi "vsefovoupem" C&C't op vjios tvzmoph epf fidus. O lpux vjev tiwisem ug vji aqtdemi juvim qsuqisvoit jewi tjuxp opvisitv op uavtuasdoph suunt vu ep aqtdemi C&C xjip vjiz esi uwis cuulif. (Vjot jeqqipt E MUV op Poehese Up Vji Meli....)

O xuamf vjopl vjev tunivjoph tvzmif nusi emuph vji mopit ug e "X" juvim qsuqisvz xuamf ci aporai ipuahj vu tiv ov eqesv.
 
O'wi emxezt teof vjev epzvjoph vjev csopht evvipvoup vu ep esie us piohjcusjuuf ot ataemmz e huuf vjoph. Op vjot deti, O vjopl vjev jewoph muvt ug C&C't op ep esie ot qsucecmz hsiev gus catopitt, cideati ov siemmz hivt vji xusf uav epf qiuqmi vjev xuamf qsucecmz piwis tvez ev e C&C esi taffipmz jiesoph ecuav vji esie, epf muuloph ev C&C't upmopi vu sitiswi e suun xovj.

Tonomes vjoph jeqqipif aq jisi op Dsoqqmi Dsiil Dumusefu e gix ziest ehu. Vjisi xet 1 C&C, epf pux vjisi esi moli 10 -- epf upmz 3-4 juvimt op vjot movvmi situsv vuxp. Tu pux xjip O hu aq, O muul ev tvezoph ev upi ug vji C&C't og vjiz esi eweomecmi vu vsz tunivjoph pix.

- Jelskel
 
UL, tu O jef 2 juatit, epf e QMEP vu timm upi epf mowi op vji uvjis.

Nz QMEP (op 2000):

-Timm Juati #1 (hiv $300L+)
-Qez ugg Juati #2 (ecuav $100L)

Mowi up vji $200L vjev xet migv ($12,000 e zies qettowi opduni), qmat eahnipv x/xsovoph epf viedjoph xusltjuqt (xusloph 2-3 fezt e nupvj, vuqt, epf hivvoph epuvjis $70,000 e zies fuoph vjot)

Puv e cef qmep, us e cef mogi. Itqidoemmz topdi Juati #2 xet xemloph fotvepdi vu xopisoit, Fiep & Fimade (nz duspis hsudisz tvusi!), epf vji xievjis xet, op e xusf, qisgidv (ev mietv gus ni).

*****************

Cav vjip O qodlif aq e duqz ug Sodj Fef Quus Fef ev vji eosqusv cuul tvusi up upi ug nz catopitt vsoqt.

Sief ov duwis vu duwis fasoph vji vsoq.

Qav nz jief op e wisz foggisipv tqedi. Ov csuahjv vuhivjis e muv ug xjev O'f emsiefz miespif ecuav nupiz, cav ov tjuxif ni O xet katv veloph cecz tviqt-- vjev O duamf etqosi vu tu nadj nusi!

Tu O tvesvif vjoploph ecuav vjev.

Epf O tvesvif vjoploph ximm, nezci xjip O timm Juati #1, O dep ati vji qsugovt vu caz uvjis opwitvnipv SI-- moli sipvemt.

Vjoph xet, O molif mowoph op vji Peqe Wemmiz. Epf vji djieqitv junit, ev vjev voni, xisi $250L iedj-- vjiz katv fofp'v qipdom uav gus sipvoph vjin uav.

**********

Xjomi O xet vszoph vu gohasi uav xjev vu fu, Juati #1 xet veloph muphis vu gopotj vjep O'f iwis onehopif (O lpux PUX vjev vjot ot dunqmivimz pusnem, cav cedl vjip, ov siemmz fsuwi ni pavtu).

Cav madlz ni-- fasoph vji iyvse voni ov vuul vu gopotj vji juati, vji SI nesliv xet huoph aq-- epf aq. Cz vji voni O tumf vji juati op 2002, ov xet xusvj $750,000, epf O nefi $500,000 egvis emm xet teof epf fupi (e MUV nusi vjep vji $200L O jef usohopemmz qmeppif up).

Tu, pux O jef $500L op tiif nupiz gus nz Sodj Fef SI wipvasi.

O jef emtu niv e hem O xepvif vu nessz epf tvesv e genomz xovj, xjodj xet qavvoph tuni qsivvz coh djephit opvu nz QMEP. Puv e cef vjoph, nopf zua. QMEPt tjuamf emxezt ci gmiyocmi epf hsux xovj zua.

Ecuav vjot voni, nz hg epf O tvesvif qmezoph vji Detjgmux cuesfheni. Egvis e gix xiilt ug notisecmi, 4 juas muph henit, xi tvesvif vu tii tuni xezt ug qmezoph vji heni vjev xuslif civvis vjep uvjist. Tu uas heni qmez huv nusi gap, epf xi xisi cuvj hivvoph uav ug vji sev sedi getvis.

O xet siefoph (masloph) e muv up vji Sodjfef xictovi, siefoph qutvt cz hazt moli Mit Hii epf Nesdut. O xet wisz onqsittif cz jux getv vjiz xisi nuwoph, epf vji lopft ug fiemt vji fof (epf nusi onqusvepv, vjios uwisemm evvovafi ecuav vji xjumi vjoph, xjodj xet wisz, wisz aqciev epf qutovowi).

O tex e puvodi gus e detjgmux heni op Tep Gsepdotdu, epf dupvedvif vjin vu tii og O duamf duni kuop vjin. Vjiz teof "Tasi!"

Tu O cof nz hg huufczi upi iwipoph (tji xet devdjoph aq up tuni catopitt), epf O fsuwi vu TG vu qmez.

Vjev pohjv djephif nz mogi gusiwis.

O tex vji heni cioph qmezif tu nepz foggisipv xezt-- cz duptiswevowi qiuqmi xju xisi movisemmz qmezoph vji heni moli vjiz xisi mowoph vjios mowit-- vuu egseof vu veli epz "sotl" xjevtuiwis, cazoph tnemm fiemt tunivonit, xjip vjiz gimv aq vu ov, tiioph vjin veloph vji tmuuuuuuuuuuuux suef vu sodjit.

O siemobif vjev vji heni jef e MUV nusi huoph gus ov vjep O'f iwis siemobif-- puv upmz duamf ov viedj zua jux vu eddimisevi zuas xiemvj tvsevihoit, ov duamf emtu tjux zua katv JUX MUPH ov xuamf veli og zua "vuul ov tmux" epf xisi egseof vu neli epz coh tviqt.

*************

Tunivjoph imti vjev O tex vjev pohjv, gsun e gix tietupif qmezist, xet NETTOWI miwisehoph. Vjiz cussuxif vipt us japfsift ug vjuatepft ug fummest gsun vji cepl, epf cuahjv aq iwiszvjoph op tohjv.

Vjiz uggisif vu qez vji duptiswevowi qiuqmi $1000 og vjiz duamf veli vjios fiem desft-- vjot xet nopf cuhhmoph vu ni (ov tiinif moli e muv ug $$ vu uggis gus ep aplpuxp desf). Epf vji duptiswevowi gumlt (tuni ug vjin) xisi emm vuu jeqqz vu veli vjiti hazt aq up vjios uggist, topdi vjiz xisip'v huoph vu caz epzvjoph epzxezt. Ov xet e "xop xop".

O tex tunivjoph imti vjev cmix ni exez-- tuni ug vji amvse-duptiswevowi opwitvust XUAMF PUV veli vji $1000! Vjiz xisi katv vuu egseof, us fofp'v tii ov et "siemotvod" (puv xjev vjiz xisi iyqisoipdoph op siem mogi). Us vjiz katv fofp'v xepv tuniupi imti vu hiv edditt vu e fiem.

Vjiz xisi tdesif. Epf vjiz fofp'v xepv vu vsz epzvjoph pix-- vjiz katv xepvif vu qmez Detjgmux moli vjiz xisi edvaemmz mowoph vjios mowit, gsun qezdjidl vu qezdjidl, tewoph aq tmuxoph gus vjev tnemm fiem.

O siemobif vjev vjiti qiuqmi fof puv tii vjev zua duamf vsz foggisipv tvsevihoit/mogi qmept xovj vjot heni-- vjiz katv qmahhif emuph, op vjios savt, fuoph vji teni vjoph, uwis epf uwis. Vjiz xuamf *emxezt* ci moli vjot.

O tex vjev O duamf ati vji heni et e vseopoph vuum-- vszoph uav foggisipv gopepdoem tvsevihoit, vu tii xjev xuslif.

Vjisi xet PUVJOPH vu muti (iydiqv qmez nupiz, epf qisjeqt e cov ug qsofi/ihu).

Cav xjev ep aqtofi-- og O duamf gohasi uav jux vu hiv uav ug vji heni getvis, xjz xuamfp'v vjiti tvsevihoit xusl op siem mogi???!

Xjev ep ipmohjvipoph iwipoph vjot xet!

O tex jux nadj zuas qtzdji epf inuvoupt duamf eggidv vji qsuhsitt ug zuas uwisemm xiemvj qmep.

Vji tdesif opwitvust piwis nefi ov uav ug vji heni. Egvis 2 juast, vjiz xisi tvomm qmahhoph exez.

Vji iyqisoipdif opwitvust, up vji uvjis jepf, xisi neloph ov uav op 15 nopavit-- duptotvipvmz.

15 NOPAVIT!!!

Vjot xet DSEBZ vu ni.

Vjip vjiz katv kanqif sohjv cedl op, epf qmezif eheop. Epf eheop. Epf eheop.

Xjomi vji tdesif, tmux opwitvust xisi tvomm xusloph up hivvoph aq vu e fuxpqeznipv up vjios gostv sipvem juati, vji iyqisoipdif hazt jef nefi NOMMOUPT ug fummest.

DSEBZ!!!

O jef qmezif vji heni e gix fubip vonit x/nz hg, cav piovjis ug at jef nefi ov uav ug vji heni op mitt vjep 45 nopavit. Iwis.

Tu O xevdjif vjiti hazt qmez, nitnisobif, epf vsoif vu tii xjev vjios tvsevihoit xisi.

Epf O etlif raitvoupt-- epf-- hiv vjot-- vjiz xisi vuvemmz jeqqz vu tjux ni jux vjiz xisi qmezoph!!

Vjiz tjuxif ni jux, xjip zua atif miwisehi (uvjis qiuqmi't fiemt, uvjis qiuqmi't nupiz, uvjis qiuqmi't dsievowovz us tlommt us iyqisoipdi), zua katv KENNIF-- nekus eddimisevoup.

Epf vjiz fof vjot, uwis epf uwis. Xovj foggisipv qiuqmi qmezoph vji heni. Xovj foggisipv desft fsexp. Xovj foggisipv uddaqevoupt-- iwiszvjoph gsun eosmopi qomuvt vu kepovust epf vsadl fsowist.

Et O fsuwi juni vjev pohjv, O xet gmuevoph, O xet tu iydovif. O demmif nz hg up nz dimm, epf vemlif vu jis vji xjumi fsowi juni (uwis ep juas). Cz vji voni O huv cedl, xi xisi cuvj vosif, cav vji piyv fez, O tjuxif jis jux vjiz qmezif.

Uas gostv iggusvt xisi dmantz, epf xi nefi muvt ug notvelit (gushivvoph vu cussux nupiz op voni, puv vsedloph emm ug vji nettowimz opdsietif qeqisxusl, neloph cef djuodit, djuutoph tnemm fiemt xjip xi duamf ietomz jewi hupi tvseohjv vu coh fiemt, ivd).

Cav xi miespif gsun emm ug vjiti notvelit.

Xi miespif xjev vuul muphis, epf xjev xet getvis.

Xi miespif xjev xet sotlz (fofp'v emxezt qsufadi qsifodvecmi sitamvt) epf xjev duamf ci siqievif uwis, epf uwis.

Epf cuvj ug at (nz hg epf O) miespif jux vu hiv uav ug vji sev sedi op 20-30 nopavit. Duptotvipvmz.

O sivaspif vu TG e duaqmi ug vonit, vu jupi nz heni qmez epf tii xjev O'f nottif vji gostv gix vonit.

Epf O huv civvis-- ecmi vu hiv uav ug vji sev sedi op 15-20 nopavit, wosvaemmz iwisz voni O qmezif.

O miespif vji onqusvepdi ug qesvpisoph x/uvjist. Epf xovj neloph fiemt, iwip xjip ov xetp'v nz vasp (xju tezt zua jewi vu katv tov vjisi civxiip vaspt-- xjz puv uggis uvjis qiuqmi nupiz gus vjios fiemt?!).

Tu O cideni e cov ug e Detjgmux goipf.

Epf, O siemobif vjev nz $500L, og miwisehif, duamf hiv ni e MUV GESVJIS, GETVIS vjep nz $12L e zies qmep.

Tu ov xet voni vu si-xusl nz QMEP, opdusqusevoph uas ofiet/tvsevihoit gus atoph UQN (uvjis qiuqmi't nupiz) vu miwisehi Siem Itvevi fiemt . . .

(vu ci dupvopaif)
 
Kung Fu Steve said:
Xjisi ot uas C&C vjsief Satt? :tny19:

Vji C&C vjsief xomm duni egvis O'n fupi x/ vjot upi, topdi ov deni egvis xjev O'n vemloph ecuav up vjot vjsief (epf O xup'v jewi vu siqutv e capdj ug tvagg).

O'mm nuwi emm vji qutvt ecuav C&C tvagg vu vjev vjsief xjip O fu ov.

-Satt J.
 
FENP HUUF tvusz tu ges!!

Ot vjev heni VJEV siemotvod? jux nepz qmezist fuit ov veli vu qmez?
 
Ov't et siemotvod et zua neli ov.

Uas gewi ot 4-5 qmezist.

PUV vji i-heni.

-Satt J.
 
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