Cash Flow With Joe

Month: June 2022

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Why rents must go up

Why rents must go up

Why rents must go up   Price increases are staggering right now. I know everyone is feeling it at the gas pumps and at the grocery stores. But what about us landlords? I can say from personal experience that we are feeling it in lots of places. Let me explain. This last week I was on a call with Matt from Simple CFO. Simple CFO is a company that offers fractional CFO services. This works...

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This does concern you

This does concern you

This does concern you   This week, I met with a seller who had a beautiful, brick ranch in a very desirable subdivision in Calhoun. The house was in very good shape. It needed some updating since it still had original fixtures throughout the house as well as wallpaper from its construction era. The kitchen needed some love too, but it had nice hardwood floors, a great living space and a...

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Paying on-time is not a favor

Paying on-time is not a favor

Paying on-time is not a favor   We experienced an anomaly this month. We had three different tenants who experienced difficulties paying on time, and they all had different circumstances.     The first tenant actually did get his payment in on time. Truthfully, he was early. But the difficulty stemmed from the fact that his personal bank account had been closed down due to...

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