Sunday, February 21, 2010

Some rambling and a queen.

http://willyoubemyhero.files.wordpress.com/2009/09/queen-latifah-u012.jpg
I don't know what it is about her, but I'm am just all about Queen Latifah. I have never seen her do a bad movie, commercial or interview. She just has such a charisma about her, how could you not just love her?

Today has been a day of observation, taking a step back and listening, watching, and analyzing. It's been interesting. I've spent most of the day with my brother which is always nice, it probably would have been nicer if he had skipped the 12 pack at noon, but I've talked to him about that until I was blue in the face, I can't help anyone who doesn't think they need it, so I get past it, at least I'm not paying for it anymore.

What has been getting to me recently is his utter lack of noticing the obvious. I don't mind listening to people talk about their jobs, even if I don't know what they do or how they do it, everyone has a little work related stress to get off of their chest. I don't mind listening to things I find mundane once in awhile because sometimes it's just a catalyst to other conversations and sometimes it's because the other person finds it so fascinating or exciting that I get caught up in the moment. All this is just fine with me, but my brother as of late has been talking a lot about the women all around him, not usual conversation but stuff like "oh man you should have seen her rack" or things like that, and then the next conversation he talks about how he would like to find someone to spend time with, someone to relax with. I understand it, in fact I do the same thing with a select few.

What gets to me is I never interact in the conversation, I never encourage him and yet he's oblivious to me lack of interest. The more I noticed today the more I realized he's just missing such obvious signs, over looking things that should be so obvious to him. He was staring and talking about how hot the neighbor's wife is this afternoon while I was very intently watching the roofing contractor climb the ladder. (Is it law that roofing contractors have to be smoking hot? I mean seriously!WOW!) I just kind of laugh at how different we are.

When I was out with my extended family tonight I listened to conversations about gay people, it seemed to be a big topic of conversation today for some strange reason. As the night went on the group divided to the older group, and then a few of us on the other end engaging in different conversation. I really believe it was the discussion that divided us, the people who aren't bothered by it, or support gay rights, etc... all gathered at one end of the table and we talked about hate crimes and how wrong churches can be and how wrong people can be and it warmed me to know that out of that group there were at least people in my family that wouldn't care if I was gay or straight. It was a nice conversation, but at the same time I kept looking at the other end of the table who were sharing gay jokes and talking about the politics of gay marriage and things that were really turning my stomach and I wondered.....

What would happen if I were to just climb up and stand on top of the table and tell them that I, myself am gay. What would happen, what would they say?

Sometimes I just wish I could shut my mind off and just live in the moment and enjoy the moment, why must my mind start up and make me all emotional? It's just wrong, they should make medication for that. lol.

Seriously, the roofing contractor? I just shake my head in disbelief that there is someone out there, that hot and that nice. Seriously, I should have taken pictures! (I tried, really I tried!)

Well really that's all I have for you tonight. Just rambling I guess, things I had to get out of my mind, and one I like to have in my mind......seriously, he was so hot he melted the snow off my roof! You just have no idea.

Have a great night or day, whatever it is when you read this. :)

Thursday, February 11, 2010

Business update

I realized that some of my favorite people have no idea what's going on lately because I haven't said anything on here, nor have I posted anything about it on Facebook. I'm being kind of quiet about the whole thing because I don't want to jinx it and have a lot of questions until the contract is signed and everything is set, but for you guys I'll make an exception.

So a little over a month ago I decided it was time to sign up with a new Realtor. The day or two before I planned on setting an appointment with the new guy I ran into a fellow business owner at my other job. He asked how things were going and I told him my business was up for sale and so on and he said if he had the money he would want to buy it. He didn't really ask about the price or anything so at the time I just let it go at that.

For the next day or so it was eating at me because his business would be a really good fit for this place and I decided to take a risk and typed up a two page email/proposal to him to purchase the building without Realtors to save everyone involved some money. I didn't think he'd go for it, but I thought I would take a shot at it. Well the very next day he said he would be very interested and asked if he could have a couple of weeks to explore the possibility.

Well we met a couple of times for him to look around and such, and then he asked for sales figures and profit and loss statements, then he met with the bank who turned him on to a secondary source of financing for the down payment money and next thing I know we're at this week when he discovered his proposal was approved. So now that the secondary source has been approved the bank will approve his funding on the condition that the appraisal comes back at the agreed amount or more. So the bank is supposed to be scheduling the appraisal soon.

So where does that leave us? Well I'll tell you.

Once the appraisal is complete we will know if the place is worth what we agreed on and if it is and assuming he doesn't back out on me then we can meet with the lawyer to draw up the final contract for the bank. Then the bank can do it's final approval, we can start the liquor license transfer and he can close on the loan and I can get my check after the loans are paid off. Then I can begin the process of closing my business and packing up.

If the appraisal comes back under the amount we agreed on then we will have to negotiate the price again and assuming it's not under what I owe we can strike a deal and I can still get out of here.

I am very worried about the appraisal because I have no idea what the market has done to the value of this building. It has to be done based on the comps and many of the comps used for the original appraisal that I had done in November of '05 can no longer be used. The only thing that keeps me positive is the fact that this place appraised then at what we just agreed on. When I bought the place it was nearly condemned, I couldn't get replacement coverage on my insurance because of the condition of the building. The electrical was a mess, the plumbing falling apart and the roof leaked all over the store. The first rain storm we had I counted 27 buckets out in the store and there were some we couldn't get to, and it had no income except a measly $30k in sales. Now I have three full rentals of very secure renters that pay 3 x's the mortgage, plus the house is in a shape to be rented. Not to mention I've had sales over 100k each year I was open full time, and even at one day a week I have a projection of $50k in sales for the year. Even after closing to one day a week in August the business still profited over 5k last year, which isn't a lot but I was also remodeling and digging myself out of a mountain of debt. Not to mention that the house across the street, a house mind you, sold for 5k over what I'm asking for this place and it's foundation had to be rebuilt.

So while I have some confidence, I'm also worried because that's just how I am. If we get to the point of signing that contract and he's under contract to buy, then I will get excited. Until that point though, I remain skeptical and not making any plans for the future. I'm ready for this to be over because this month has been a financial disaster and more looms in the future, so the sooner the better. I'm also just ready to move on with my life, to move on to new challenges and just see what's out there.

So there's the update that I'm sure a few of you didn't know about. I still won't post much on facebook until we get to the contract. I know he's been talking to a lot of people that he's taking over because they are asking me about it and I have only told 7 people, so he's really making plans, I'm just hoping he doesn't get spooked and abandon the plan.

well that's it. I'm going to take some meds and go to bed because I'm afraid I may be getting sick. Later!