Possible Promising Properties

Getting ready for a very busy weekend. It will be likely I won't be able to post on Saturday.

Mom and Dad are coming up this weekend. I've been working to find a good agent that my dad will appreciate, finding some good properties, and working with the agent to set up appointments.

Missed out on a few of the properties on my list. Four are already under contract, with one estimated to close on Monday.

Shoot!

However, in scavenging about I may have stumbled onto a tax sale property. The agent is doing more checking into this for me, but I did verify that at least for the last reporting period that the owners were delinquent on property taxes and that the property is vacant.

Maybe the county will be auctioning that off soon. Be nice if we could get into it to see. Gee, that almost sounds a little heartless. Guess it would feel bad if the people hadn't already vacated the property. Who knows how long it's been sitting empty.

There are a few other properties that I've checked into that are FSBO - For Sale By Owner. One sounds like a possible promising property.

How's that for an alliteration?

So far we have nine appointments set up starting at 11:00 on Saturday. I only hope we can get some good deals on a few of these properties to make all this worth my parents' and the agent's time.

Be horrifying if nothing came from all of this - for everyone involved.

Job Search Java

Been really busy all day today doing some research.

While my parents were here over the weekend, we got to talking about some different ideas I've had about what I might consider doing outside the norm.

Truth be told, I'm tired of the corporate life. My time is not my own. It's a constant struggle to keep a balance between work and home life. A losing battle pretty much.

So I told my parents I didn't care about making the big paycheck anymore. All I want to be able to do is once again enjoy my life and just be able to pay the bills with a little to continue putting away in savings for retirement and emergencies.

No more corporate life for me.

Ideas floated around. We got to talking about what I might be able to do and how I might be able to go about doing it.

Don't mean to sound cocky when I say this, but I have no doubt that I'll be able to accomplish whatever I set out to do.

My dad believes that about me too. We're considering the oddest of possibilities - a partnership, as you will.

I live in one of the fastest growing and most sought after communities in the entire state. Housing is at a premium out here. Rentals are an enormous rarity. My dad once owned and rented some properties, but they weren't in highly sought after neighborhoods or towns. He had a difficult time dealing with it as a business, God love him.

He's got such a tender heart sometimes that it doesn't bode well in such an industry. But he's always wanted to be successful at property ownership.

So we're thinking - JUST THINKING - at the moment that if he can pick up some REO properties on the market here for a song that I will manage the business side and he can enjoy the profits to add to his retirement.

See, I've got the business mind and he's got the money right now. I don't have the corporate job weighing on me at the moment, but I love being around other people.

Strange as it may sound, this just might actually have the potential to work to both of our benefits. Not alot of money in it for me until we get into several good properties, but the potential is there. Plus there's also the potential to help my mom and dad enjoy an even cushier retirement.

If you've got the money, now's the time to be investing it in real estate. Property values will always come back.

Who knows about my 401k!