Monday, December 12, 2011

Time flies

Where do the days go? It seems like I just closed on the house. I then went to California to have Thanksgiving with Craig and his family. Returned to Texas and almost immediately drove to Florida with Val to see Sally's brother, Jimmy and his wife, Teresa. They own several condos there that they rent out as an investment. And Jimmy wanted to meet "this Val person". We had a great time with them. It was all very comfortable, and we had some good seafood and wine and walked the beach. The beaches there are so beautiful and white. Well, I was discussing with Jimmy about what I should do with the money from the sale of the house that is in Sally's Family Trust, and he suggested I get a condo in Panama City Beach. He thinks the market is about as low as it could get, the condos rent well, and the income makes a few percent on the investment plus the tax advantages of depreciation. I wasn't much interested at first, but he persisted and I went with him and a realtor to see a repo that is selling below current low market value. Short story, I bought the condo and it is scheduled to close escrow next week. Lorrie and Kathie (daughter in law) are going to go to Florida in early January to furnish and decorate it. They had so much fun and success here and at Winter park in Colorado doing that, and they are excited to help.

Val and I will probably drive out the first week in January and overlap with the girls and try to finish up so it can get rented by mid January.
Craig, Kathie and the boys will be here on Christmas day and stay for a week. Then Craig will go back with the boys when the girls go to Florida. Kinda exciting and a little scary and impulsive (for me). Oh well...

Am debating whether I have the ambition to send out Christmas cards this year. It's been a couple of years, and since I have a new address, it probably would be worth it. But that doesn't guarantee that it will happen. So don't be upset if you don't get one and be surprised if you do.