Cash Flow With Joe

Month: May 2017

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Land lording: call of doody

Land lording: call of doody

  This has been the year of the septic system. So far we’ve put in three sets of field lines and had to learn what not to do on a lower pressure drip system. (After owning one for four years, we learned they have a filter that was supposed to be cleaned every six months. Not doing so overpressurized the low pressure system and literally blew holes in the yard. Yay!)     All of our...

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A trip down REI memory lane

A trip down REI memory lane

  Ashley and I took the long way home over Dug Gap Mountain to Villanow and then home through Sugar Valley after a recent date night in Dalton. This route is very familiar to us since Ashley grew up in Villanow and that’s where we started our life together. Since the kids were with Memaw and Poppy, we really got to savor our trip down memory lane.   Ashley and I not only started our...

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What’s in your head?

What’s in your head?

  I’ve been listening to a phenomenal book called “Mastering the Attitude of Achievement,” by Lou Tice. I’ve got to tell you, I wish I’d found this years ago.   Lou is a motivational speaker, high school teacher and football coach. One of the main points in this book is that the pictures that we formulate in our heads affect what we do in life.   Lou gives a great example using...

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A subject-to deal is better than a short sale

A subject-to deal is better than a short sale

  Ashley and I recently came across a listing with “possible short sale” in the title. If you don’t know, a short sale occurs when a bank agrees to accept less than what the borrower owes on their mortgage when the property sells. This listing was intriguing to us since we haven’t seen any short sales advertised in a long time.   Personally, I think short sales have almost gone the way...

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Why you should rent-to-own

Why you should rent-to-own

  It’s my opinion that in today’s market, landlords should be offering all their rentals as rent-to-own. In this deal structure, a tenant buys the right to purchase the landlords property, for a predetermined price and time frame, all while renting the house. It’s also called a lease option.   So what makes this deal structure attractive? First, you’ll get market- or above- rent rates....

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