Do Your Due Diligence Mason City

Did you ever think we would be experiencing such wonderful weather like we’ve been having these past days of December back say ten or fifteen years ago? We’ve not had even a ground cover of snow which is remarkable. When I noticed the red sky this morning, my first thought was, “Red sky in morning is a sailor’s warning.”, but this day finished off just nicely. While driving home, I noticed the most magnificent sunset which was photo-worthy, but unfortunately I didn’t have my camera with me.

It was a very busy day for me, but that was just fine because I’d rather not have time heavy on my hands. Of course with it being the first of the month, I had a stack of bills to pay which always seem to appear out of nowhere. But, as anyone in business knows, it takes money to run an office, and no matter if we’re having a good month or bad, the bills still have to be paid.

I received a very early call on one of my listings this morning, and the buyer was interested enough to where I scheduled a showing for late morning which went very well. After a little negotiating, that home is now officially sold, so on my way home I placed a “SOLD” rider on my for sale sign. The buyer did pay me a compliment when saying, “I’ve purchased and sold a number of homes, and for sure this one has been the easiest.” I’m sure my having known him and his family for a number of years made a big difference. It happened to be the first time I’ve actually sold something to or for him because they normally used a Realtor who’s now retired. I guess there’s an upside to being in this business for so many years.

I worked for a good two hours on my broker’s opinion of the estate home I inspected yesterday, and fortunately I found four good comparables which supported the value I placed on it. I then made a courtesy call to the executor and shared my valuation with him just in case he had any questions regarding it after he received my letter. After I hung up, I walked over to the post office and mailed his letter, as well as the copy of it to his attorney. I’m still not sure if I’ll get the listing on it, but at least I got that little “to do” off my plate today.

Later this afternoon, the seller’s representative arrived to sign the purchase agreement on the home I sold, and after I had everything signed, we visited a little about the way in which our society has changed in regards to the way they celebrate Christmas. She informed me that the number of regulars they have attending their Sunday Services has dropped in half over these past 20 years, which I believe is pretty much a standard with our main line Christian denominations. We both agreed that attending a church Service where they have all the loud new-age Gospel music with the lights and big screens, just isn’t something we find appealing. I couldn’t help saying, “I don’t go to church to be entertained.” It makes me sad, but what can a person do?

After getting that now sold listing file prepared for title work, I walked down to our abstract office and delivered the abstract to that home. While there I had a nice visit with the office manager whom I’d not seen in many weeks. We had a nice chat about this and that, and before leaving, I wished her a Blessed Christmas if I shouldn’t see her before. She is a very pleasant person who always has something fun to talk about.

Upon return to office, I decided to do a little digging online to see what’s been going on with this hotel project that’s been in limbo for years. Since I didn’t see any recent news, I just typed into the search bar “David Rachie”. Oh Mercy! The more I dug, the more I found, and for the first time in many months, I clicked on the “Comment” section of the most recent Globe Gazette article, and one of the comments was from a person out in Ohio which I thought odd, but after reading what was posted and headlined, “Stop the Fraud”, I understood. The following line is that person’s comment, ” Do your due diligence Mason City like we are in Middletown, OH and our friends in Racine, WI are. This man is not involved with the reputable Gatehouse Capital of Dallas, TX for good reason! He tried to get millions from our City and our citizens did their own due diligence and are running the Music Man out of our River City!”

Of course I had to find an article written out in Ohio which would shed more light on those words. Well, I found one, and in spite of it being exceptionally long, I read it completely. Oh my goodness! That article fully clarified what’s taking place with David Rachie’s meddlings not just our City, but other cities in the Midwest as well. I now know why that person posted that comment, and likely because it was sent as a strong warning for the residents of our City. It came as no surprise Rachie’s got a number of LLC’s opened which are all tied to him as the primary. One of them is registered in the Virgin Islands. Good luck with anyone who’s given him any free money, because he ain’t going to be giving it back. If our City Administrator and Council members don’t take heed and start ratcheting in Mr. Rachie, we’re going to be pulled down even deeper into a dark financial rabbit hole. I wouldn’t be surprised if someone file’s a complaint with our State Auditor’s Office regarding the willful squandering of public funds. I do hope any of you that read the article I’m linking below, will share it with other concerned citizens of our City. I still can’t believe our City handed over upwards of $1.1 million dollars to that guy and nothing to show for it. For shame! I’m now inserting the link to that online newspaper article. Take your time reading it because it’s quite enlightening.

Citizen Research: How two Middletown moms helped derail a $1.3B project

Tonight’s One-liner is: Music is for every single person that walks this planet.

Joe Chodur

About the Author | Joe Chodur

First of all....Joe Chodur really doesn't like talking about himself but this is what we have found out about him.

Joe Chodur began his real estate career in 1981 during the...read more about: Joe Chodur

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