I apologise. I just cannot stop making fun of the Escape to the Chateau program and its spin-offs. The more of them we discover, the more we have to watch. The original pair is particularly amusing. Dick and Angel Strawbridge, or as she says, Stwabwidge π In the episode we watched today they gave the life changing top tip that if you use furniture you already own, then you do not need to spend money on new furniture!!!!
Mike’s treatment is going well, no side effects etc. etc. Part II begins next week as does the low fibre, high protein diet. This will be a seven week period. As I was mentally organising all of this and going through our accounts, I decided a new project would be a good thing. We had some great auction house sales in the past couple of years of some fairly important items we sent to Spain — so some money sitting around in the bank making 2% before tax. So I thought, what could we do with it? And we decided an apartment could be a good idea. After a little searching we settled on a place in the centre of town, above the Caisse d’Epargne.
I didn’t take pictures of the interiors because there’s already a tenant in place. A very polite young woman in her late 20’s. It’s in very decent condition but could definitely do with a new kitchen. The one there now is still there from when the place was built in 1986. It’s no architectural gem but certainly a practical and convenient address. Anyway, our offer was accepted today and we’re off to the notary next week. This gives us something to plan for in our free time. Kitchen, colours, possibly redistribution of the space, all fun things for Mike to think about on his hour long drive to Albi.
And they shall call him lord . . . uh, landlord. The list of things I’d rather do than become a landlord is very, very long. Will this be profitable? (Tell Mike we are cheering for him . . . we have little positive to cheer about here in ‘Merika.)
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From when I was little I always knew I’d be a lord, even if it had to be a slumlord, so this is a step up π Profitable, yes. We aim for around 10% when we set these things up. So it’s more profitable than leaving the money in the bank. And thank you for the cheers, I shall tell him.
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I’m with Steve. You guys are brave to take on rental property in France. Will you have to evict your current nice tenant to redo the kitchen? Are you sure you want to? If nothing else, landlord and construction concerns will distract from medical worries. There is at least that.
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We’ve been doing rentals since 2015. First 3, then 5, then 7, then 8 π now a bit more. French people love to complain. A bit of applied Americanism in renting goes a very long way to running the business well.
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I doubt that I’ll ever follow you into the biz. My experience is that all renters love to complain. Do I really want to deal with that times 8 or more? But anything you care to share will be most interesting.
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But you don’t have to! We use a local agency, Agence Lopez, and they get to hear all the complaints. They do take 5%, though.
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Money well spent.
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LOL! As always I wish you well in all of these endeavors!
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Have you ever considered writing a biography? It might be cathartic and I am sure lots of people would find it interesting.
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I almost did, I even got an agent who liked the book, but I wasn’t brave enough and back out in the end.
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Can you spell nom de plume, boys and girls? Getting a publisher interested is a very big step and you have already taken that. Consider writing under a pseudonym and then you are off and running. (I edit books as a retirement income, so I know a little bit about this,)
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Good to hear Mike’s treatment is going well. I’ll find out Monday when I start mine. π
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Don’t be frightened when they attach electric clamps to your nether regions. It’ll look like those car battery charger things, and the pain will eventually stop π
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I was hoping I’d get those babies hooked up on me!! I’m gonna tip em extra if they put em on my man nipples too!!
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All good news . Really pleased to hear Mike’s treatment is going well π
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Thanks so much. So far we’re ver happy βΊ
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A good investment i think, given your skills and knowledge. We keep thinking we will do this in Santa Fe, b/c Chris travels there a bit for work. But the market is high, so waiting til it bottoms out. Which it is bound to do. Enjoy your new project! π
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You’re right! We looked through the rental records and it’s basically always occupied. And thanks, the planning part is always thrilling, as you well know βΊ
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Thrilled to hear all of the positive news! π
Why not release some excerpts of your autobiography? Iβve just hired an editor for my latest manuscript π
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That could be fun π
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Hell, I thought you were gonna sell that monstrous mansion and downsize. Lordy, lordy, may the plumbing not fail nor you get a Satanist tenant.
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I think I’d quite like a satanist!
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(made me smile)
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‘Good thinking, 99.’ -grin- sorry, my influences date back to Get Smart. π
Seriously though, investing in an apartment is a great idea. From the pics it looks as if its in a great location and solid enough that all you have to worry about are nice things – like that new kitchen.
Delighted that Mike’s treatment is going so well too. -hugs-
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Yes, the previous owner did a lot of under the hood type work (all new electrics etc), and the cosmetic stuff I do indeed love π
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Those invisible things are what can turn a build into a nightmare. So glad you found such a great property. Looking forward to the renovations although you probably have to wait for the existing tenant to move out?
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I’m going to pretend I’m a good guy and offer to change/repair/replace whatever she wants π
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hah! Good morning. We’re having one of our weird timezone crossovers. π
Pretend? Oh you hide it well, Pinky, but some of us know the awful truth….:p
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Does this mean I have a place to hide if I have to run away from home? π
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Always! We can found an Atheist Alliance of Doomsday Sayers π
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Glad that the treatment is going well.
As you have good agents then renting is fine…a potential nightmare doing it yourself nomatter how much you think you have vetted the tenants – some of whom should be taken to the vet for radical treatment.
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