Archive
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...
Living in a rehab When Ashley and I got married, we bought the house she grew up in from her mother in Villanow. Now, if you don’t know where Villanow is, you are not alone. It’s located in Walker County and borders Whitfield County and the Johns Mountain Wildlife Management Area where state Route 136 and state Route 201 intersect. Villanow isn’t a city — it’s a little township. As...
Problem solving a poor baby We had a bad night this week. As a matter of fact, it was one of the worst I can remember in our child rearing career. And it all started while we had the kids working at a flip project we just finished on Sunday. Real estate investing is our family business. As such, we try to get the kids involved as much as possible. They have been with us to vacant...
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 outskirts of Athens Ga. As such, I went to Madison County Middle School. There, I wasn’t just on the football team, but I actually...
Kill it, or keep it? I’ve written to you before about the story of the goose and the golden egg. Just to remind you, it’s about a poor farmer who discovered he had a goose that would lay a solid gold egg each day. The farmer would sell that egg and then live lavishly off the proceeds. Eventually, he became impatient with receiving only an egg a day and decided to lop of the goose’s head...