Cash Flow With Joe

Month: May 2021

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Something to consider in a sellers’ market

Something to consider in a sellers’ market

Something to consider in a sellers’ market   Inventory is at an all-time low right now. For instance, there are only 48 houses actively on the market in Bartow County priced at $400,000 or below. That number drops to 28 houses at under $300,000 and it is nearly impossible to find anything for sale under $200,000.   That’s not a lot of houses for an entire county.    ...

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A clarity break

A clarity break

A clarity break   It was around 3:45 p.m. today before I breathed a sigh of relief as Ashley, the family and I headed south on I-85 for Florida. At that time, we weren’t even an hour south of Atlanta despite the fact that we had left Calhoun at 10:30 a.m. That means five hours into a supposed 6 1/2 hour trip, we were no further than two hours away from our house, according to our GPS....

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Something is missing

Something is missing

Something is missing   My first nonretail job was as a residential painter in college. I then worked for a handyman and then a custom home builder. I finally landed on a rehab crew remodeling both rentals and flips for an investor in Atlanta, which is where I got exposed to real estate investing.   And since my background is in construction, one of my jobs in our company is to...

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Letter of demand

Letter of demand

Letter of demand   Most landlords in our area have their residential leases set up so rent is due on the first and late after the fifth of each month. That scenario means that on the sixth of the month, a letter of demand should be issued to any tenant who has not paid. This letter is often referred to as a “pay or quit” letter, and it should read something like this:   “Dear Mr. and...

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