Archive
I’ve been blessed to have a great friend — but an even better mentor — by the name of Bill Cook. He’s the man who taught me most of what I know when it comes to property management, creative deal structuring and running a real estate investing business. And to this day, he challenges me to be better. You may be asking how Ashley and I earned the privilege of having Bill and his...
We’re doing a property right now that has a propane furnace, so we went to see Ms. Sue over at Calhoun LP Gas. She got me taken care of and scheduled their guys to bring me a tank the following week, weather permitting. As we were doing the paperwork, Ms. Sue noticed I was reading everything and remarked that that was fine, but that it was just their normal paperwork for a tank...
One of the biggest mistakes I see beginning investors make is buying a property a long distance away from where they live. And trust me, I understand. It was a great deal. And you hadn’t seen anything that cheap around you. Ashley and I did the same thing when we bought a place for $8,000 45 minutes (one-way mind you) from where we lived. And that was just to the...
Oh B-1 can no beat. That title was supposed to sound like the Star Wars character Obi-Wan Kenobi. Yeah I know it’s a stretch, but bear with me. The reason I chose that title is because B-1 is the lot number of a Lonnie Deal we have down in Acworth. And I want to tell you about it because, to reference Star Wars again, “the force is strong in this one.” Sorry, I couldn’t resist....
I was having lunch with a good friend and investor named Emmett, recently. We talked about the current market and strategies we’re implementing, and we discussed what we see our other investor friends doing. One of those friends hasn’t done many deals lately because she got her start when the market was at the bottom. Now that the market is moving so much, she is afraid it will...