TheMonopolyProject (TMP) is still Number 1 and climbing. TheMonopolyProject remained at the top with a total Score of $238,330. This month we added $25K in equity and our new-build house in Coolidge went back above what we paid.
TMP now has 2.0 houses; that is, one house wholly owned (Valencia) and two houses half owned with Jeff in our TMP2 partnership; 29th Avenue and Toltec.
TOTAL ASSETS = TMPbank_Account + TMP2bank_Account/2 + TMP_Valencia + TMP2_29th/2 + TMP2_Toltec/2
The Phoenix housing market is still hot. Jeff explains the situation now in his market update “2021 November Market Update – What does 2022 hold for us??”. Read all of Jeff’s insightful commentary at “Jeff Sutherlin”
Valencia increased by $9,000:
29th Avenue increased by $6K. The Realtor estimate is always well below the other two, Redfin and Zillow? Not sure why.
Toltek, our new build house that is still under construction, increased back above our purchase price after briefly dipping below! Sales in the subdivision are now strong; about 20 per month. The two related subdivisions will soon be complete and Richmond American Homes will move on to new developments in Coolidge. We visited in October to check on the status.
Jim reports on the status here:
And our daughter Melissa and fiancé Tyger held a joint engagement and demolition party at the new house they just bought in Gilbert. We knocked out a kitchen wall to start:
Victor explained (30:30 on the video) to Tyger that there are three rings in marriage:
First the engagement ring,
then the wedding ring,
and finally, the suffering.
That has the ring of truth.