Tired legs from yesterday. It took me about 5 miles to finally loosen up a bit. Thank goodness I have my pilates reformer class today. Aaron is watching the kids tonight so I can go pick out some new training shoes with my gift certificate from the race last week. Maybe I'll go get a massage while I'm out too. Aaron took our 5 year old, Abe with him to look at houses yesterday. They looked at 23 houses, 5 of which are homes we already own that are in rehab mode. The other 18 are bank owned houses that are going up for bid at the Denver County Auction this morning, so Aaron wanted to check them out to get a better idea of what he is willing to bid on them. Abe came home and told me how fun it was to go to work with his Dad. He told me how usually the lock boxes are on the front door handle, but sometimes they are hidden on a pipe on the side of the house and it is like a treasure hunt to find them. And one time there was no lock box, so Aaron lifted him through a half-open window and he went in and climbed up on the couch and unlocked the safety lock to let Aaron in. Abe totally loved the private detective role he got to play...although it just occurred to me how unsafe that may have been. I think I ought to have a talk with Aaron. I guess it is pretty easy to tell which houses are vacant and which are not...but still....sending your 5 year old into a "vacant" house that may or may not have scavengers living in the basement? Aaron did tell me that he made Abe stay in the car when he came upon an occupied property and had to talk to the tenants. I'm glad Abe is learning all about how to become a Real-Estate Investor. He is really good with numbers already and obviously has is Dad's entrepreneurial personality. (He likes to do things his own way, is very strong-willed, creative, and passionate.) I think our college savings plan for him should be to help him buy his own rental property and teach him all the details of rehabbing it, renting or selling it and how to maxmize his cash flow. If we can help him manage his finances in a way that he can eventually own a couple properties outright, he'll have no problem paying for his tuition. Of course, if he is really like his Dad, he'll probably get too wrapped up in doing his own business and not even finish college. |