CASH FLOW
With Joe

Financial Freedom, One House at a Time

Latest Post

Can you wrap your head around this strategy

Can you wrap your head around this strategy

Can you wrap your head around this strategy?   Buying and holding good cash flowing rental properties long term is the goal when it comes to real estate investing. But is owning a property as a rental the only way to produce a good cashflow? If you don’t know the answer, that’s okay, because today we’re going to talk about a strategy that allows you to have passive income without the joys...

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Land lording

Issue the pay or quit

Issue the pay or quit

Issue the pay or quit Do you know what the first step should be for you as a landlord if you did not receive payment from your tenant this month? The answer is: issue the pay or quit letter. Landlords in our area typically have their residential leases set up so rent...

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Working with your hands pays

Working with your hands pays

Are you handy? Do you have construction skills? If you do, that’s great. But just because you do, does that mean you should work on your rentals yourself? For me, the answer to that question is ‘yes’ … most of the time. Now that may come to you as a shock, especially...

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The best way to maintain your assets

The best way to maintain your assets

The best way to maintain your assets   Let me ask you a question. Is a rental house an asset, or a liability?   I ask this question a lot and most of the time people say a rental house is an asset. When I ask them why, they kind of shrug and say that they...

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Mobile Homes

Trailer differences

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...

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Why you need a bill of sale at closing

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...

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Do it wrong, do it long

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...

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Real Estate Investing

Fat deals looking slim

Fat deals looking slim

Fat deals looking slim   Being able to track your rehab numbers is a crucial skill as a real estate investor. The reason for this is if you don’t know how much it will cost to fix the house, you can’t make an accurate offer.   To show you what I mean by...

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Should you do it yourself?

Should you do it yourself?

Should you do it yourself?   This week I got a call from my lead man Charles. He was changing out the galvanized plumbing under a flip house because the water pressure had become very reduced due to the buildup of corrosion in the pipes. All was looking good...

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Videos

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

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