Getting into the business

Getting into the business   I often get asked a question around this time of the year. I’m not sure why it normally happens as the new year approaches, but maybe it has to do with people evaluating the previous 12 months and setting goals for the year to come.     The questions is in reference to real estate investing, and it usually goes like this: “What do I…

It can be exciting and scary

It can be exciting and scary   We went to dinner recently with a group of investor friends over in Dawsonville, Georgia. Some Ashley and I have known for years, and others we had just met that day.   As we sat around the table, we discovered that one of them had recently made the move to become a full-time investor. When I say recently, I mean three months ago….

How we did our first deal

How we did our first deal   When Ashley and I realized we needed to make our living as real estate investors, it was 2009. We were freshly married, just out of college and didn’t have two nickels to rub together. To put it bluntly, we were completely broke.   On top of not being able to find jobs that fit with our bachelor’s degrees, we had a mound of…

Mental quicksand

  So, I had an epic fail this week … in front of everybody.   We have a praise day at my congregation a couple of times a year. The praise offerings range from the reading of psalms and other verses that have spoken to the reader to recitations of poems — and then, of course, music.   I had planned to sing and play a special song on my…

Don’t be stupid

  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…

A trip down REI memory lane

  Ashley and I took the long way home over Dug Gap Mountain to Villanow and then home through Sugar Valley after a recent date night in Dalton. This route is very familiar to us since Ashley grew up in Villanow and that’s where we started our life together. Since the kids were with Memaw and Poppy, we really got to savor our trip down memory lane.   Ashley and…

How to get started in real estate investing?

How to get started in real estate investing?   So what’s the best way to break into real estate investing? You may think you should start by getting approved for a loan. Maybe you think you should meet with contractors, realtors or even lawyers first. Perhaps you should buy one of those seminar packages who come with a mentor that will tell you exactly what to do next.   Here…

If you want to learn about real estate investing, buy the man lunch

If you want to learn about real estate investing, buy the man lunch   I’m often asked where the best place to get education is for new investors.   Truthfully, some of the best seminars I’ve ever taken happened over lunch when I’ve taken out successful investors and had in-depth discussions.   Here is how I prepare: before we go, I tell the investor I want to be respectful of…

Investors need to have faith like potatoes

Investors need to have faith like potatoes:   Since Ashley and I got married, I’ve been trying to grow potatoes – notice I said “try”- It’s been crazy: every year something happens.   The first year I didn’t know you were supposed to mound. Mounding is when you put dirt around the stalk of the plant. If you mound as the plant grows, it stimulates the plant to produce more…

A no-good deed goes unnoticed

A no-good deed goes unnoticed:   The deed room is a very important place to frequent, especially once you put a house under contract to buy. You need to make sure the people selling you their house can legally do so.     Your closing attorney will look at the chain of title for you, but this often occurs a day or two before your scheduled closing date. By running…