Week 70: Monday Blues
It's Early May Bank Holiday and not so long ago I wrote an inspiring blog for Easter Monday regarding ‘Motivation’ and how driven I was. Fast forward a month and this time although a holiday I am feeling the blues. It seems just about everyone in my circle is either going away or doing something nice. But I have no access to cash, that's what happens when you embark on a renovation project and very little time for anything else. Behind closed doors no one really witnesses the struggles or the real pain of discipline. I am smack bang in the middle of Ramadan (fasting month) and energies are running so low. Finding it hard to concentrate and focus. Not only am I doing the usual grind but having to top up an already strained workload of property with the addition of creed and inner spirit, it’s quite a challenge.
It seems we are falling behind again. The constant ups and downs is hard to grasp. I was hoping by first of May the new roof, side elevation and the patching up of the conservatory would’ve completed. I believe the wall will be signed off on Tuesday by building regs but what about the other two tasks….starting to get that sinking feeling again. These were the major bits and after this point it is plain sailing. But how long till we get to this point. I only have a few months left to complete before the bridging company comes knocking on the door for their loan. This is serious and we need to move ferociously fast. In the meantime I also have to think about what we want to do in the event of not being able to sell our house (it can happen). Some of the options I have to research:
Single Let and renting to regular family
Supported Living, there is scope as local demographic is showing an aging population there; or
Serviced accommodation; given the fact it's five minutes away from the beach
I would prefer to go for option 3 as it's looking to be the most promising. With Covid bans being lifted more people would be looking to travel nationally than internationally. But I have to really look at this carefully as I don't want to get any false positives. What happens when things resume back to normal. Will my little house on the High Street still prove desirable on Airbnb bookings? Lots of factors to think about. Then again I could get into supported housing but a few phone calls to local agencies didn't seem positive at all as they all kept saying the same thing.
“We will contact you if we need something in the near future”
Not even one deal in the bag yet. Option 1, my least favourite, is not so financially rewarding given the amount of work and time invested. All the above will need to be looked at and decided on as time is seriously against us. Plus I don't want to be making hasty decisions because of the pressure I am under. You see, this is the reason I'm feeling the Monday Blues as everything seems so up in the air and still far away from the finishing line. The month started on a high with activities in full bloom come Easter and over the last few days it seems to have dwindled.
“...Investing is Simple but not Easy...” Warren Buffet