Cash Flow With Joe

Month: October 2019

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Invest in yourself

Invest in yourself

Invest in yourself   I wonder if we, as real estate investors, get so caught up in flipping and landlording that we don’t take time to focus on what the word “invest” really means. One definition of investing is to devote one’s time, effort, energy or money to a particular undertaking with the expectation of a worthwhile result.   Now, that’s easy to wrap your head around with a flip...

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All work and no play

All work and no play

All work and no play   As I write this, I’m sitting at The Feast of Tabernacles, also just called Sukkot. If you aren’t familiar with The Feast of Tabernacles, that’s where Yahweh commanded the children of Israel to live in temporary dwellings for seven days. This is to remind them of the time they wandered in the wilderness for 40 years, during which, they dwelt in tents — not houses....

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Start the ball rolling

Start the ball rolling

Start the ball rolling   Does this scenario sounds familiar?   Rent is due on the first and late after the fifth. After 5p.m. on the fifth, you send a letter of demand via email and a text that says the tenant needs to pay or move from the property by the ninth. If not, you’ll have to file dispossessory at court.   On the morning of the ninth you get a frantic call from the...

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Evil’s greatest tool

Evil’s greatest tool

Evil’s greatest tool   I read a story recently in a book called “Chop Wood, Carry Water” by Joshua Medcalf that I would like to share with you. It goes something like this:   Once, there was an evil old witch who was going out of business. As such, she decided to have a yard sale to get rid of all the ‘tools’ she had used over the years in her terrible trade. At the sale, you could...

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