CASH FLOW
With Joe
Financial Freedom, One House at a Time
Latest Post
Bats, man
Bats, man I thought I’d kick today off with something funny I saw. I’m not sure if it was a Far Side or just a random newspaper cartoon, but it was four grey haired ladies and Bruce Wayne in his superhero costume sitting at a bus stop, in that order, with a caption that read “Nanna, nanna, nanna, nanna, Batman!” I got a good chuckle out of that but, sometimes as a landlord you get calls...
Land lording
Bats, man
Bats, man I thought I’d kick today off with something funny I saw. I’m not sure if it was a Far Side or just a random newspaper cartoon, but it was four grey haired ladies and Bruce Wayne in his superhero costume sitting at a bus stop, in that order, with a...
Full throttle
Full throttle It is about to get busy around here. Normally, the rental side of our investing business is what you call semi-passive income. The reason it is “semi-passive” is two-fold. One is because each month there is some “work” associated with processing...
Tenants to my rescue
Tenants to my rescue I’m sure you have heard horror stories about terrible tenants. I know I have. As a matter of fact, I have bought more than one house from tired landlords who were actually afraid of their tenants. Can you imagine that? The landlord — you...
Mobile Homes
Trailer differences
Trailer differences I’ve had a lot of calls this week about mobile homes. Mostly, the conversations centered around the differences between trailers and stick-built homes in rehabs. So, I’d like to highlight a few of the major differences you need to be aware...
Why you need a bill of sale at closing
Why you need a bill of sale at closing We recently bought a land home deal, which is a mobile home being sold with land. We call it a land home deal because you can buy just the trailer and not the land. This takes place in a mobile community or somewhere else...
Do it wrong, do it long
Do it wrong, do it long When I was in middle and high school, I was on the football team. Notice how I intentionally phrased that statement. Let me explain. When I was in middle school, we lived in a little town in Madison County called Hull on the...
Real Estate Investing
You can be a broke millionaire
You can be a broke millionaire That title may sound counter intuitive because how in the world could you be a millionaire and be broke, right? Well, today I’d like to tell you a story about a good friend of mine and explain how those two things can be possible....
My first school trip
My first school trip I got the privilege of doing something this week that I have never done before. I got invited to be a guest speaker at a local high school and teach three 90-minute sessions. The teacher who invited me is a friend named Josh. The subject he...
What is 2025 going to look like?
What is 2025 going to look like? Let me start this column off by saying “Happy New Year!” as well as expressing some sincere appreciation. Today marks the completion of the eighth year of me writing weekly to you and is the 415th column I’ve had the privilege...
Videos
In-home interviews are powerful
In-home interviews are powerful Paper applications can tell you a lot about a rental applicant. But landlording is a people business. And just using an application falls short on giving you a total picture of what kind of person your applicants is. Check out...
What’s The Deal episode “The Gut Job”
The Gut Job In this episode Joey and Ashley walk you through a rehab that is an entire Gut Job. Was it worth it? You'll have to wait and see. https://youtu.be/IIdtDyQcxek
What’s the Deal episode “The Odd One.”
The Odd One On this episode of What's The Deal, Joey and Ashley show you how to acquire a rental property via owner financing and then compare and contrast the rehab differences in a rental verses a flip project. https://youtu.be/i5m-ELeyWRY