A good property management system

A good property management system   I have been out working on rentals a lot this past week. Contrary to what you hear about most landlords, I actually like working on our properties. The reason for this is because I get to see how our people are doing, how they are keeping the house up and if they are doing the four jobs of a tenant.   And just to…

What exactly do you do?

What exactly do you do?   I have to confess that I’m guilty of something. I don’t do a lot of self promotion. Here is a case in point: This particular column marks the beginning of my sixth year writing this weekly article about real estate investing and then posting it to my blog. Yet I have friends and family who have no idea that I do it. I just…

A great reason to have assets

A great reason to have assets   I was talking with a friend recently who was going through a tough time. You see, my friend had had some medical complications that had caused her to have multiple surgeries over the past few years. (By multiple I mean 10 plus.) To make a long story short, every time the surgeon would go in to fix the problem, it weakened the adjacent…

An investor needs a blue pen

An investor needs a blue pen   Ashley and I have been blessed to have had some of the best real estate investor teachers in the world. What differentiated guys like Jack Miller, Peter Fortunato, Dyches Boddiford and David Tilney, along with their seminars, from others was they were not in the seminar business.   What I mean by that is I’ve been to classes before that are a sell-a-thon…

Learn to rest, not quit

Learn to rest, not quit   I am so sore right now. And I have been all week. That’s because we have two things going on at the gym. First, we are having a team competition to see who can achieve the highest average max effort points, or MEPs, this month. These points are calculated based off what range your heart rate is in as compared to your calculated max…

Missing my friends

Missing my friends   I’m missing my friends a lot lately. I didn’t even realize how much until this past week when I got to see friendly faces I haven’t seen all year.   The first one was a total surprise. I came home for lunch and as I rounded the corner to my house, I saw a gold SUV sitting in my driveway. That SUV belonged to nonother than…

Dealing in benefits, the story continues

Dealing in benefits, the story continues   Last week we talked about a seller I encountered who was in a precarious position. ( You can read that blog here) She was thousands of dollars behind on her mortgage and in active foreclosure. She was older and couldn’t afford to take care of the house physically or financially.   When we left off last week, we were sitting outside with the…

Buying out-of-state property

Buying out-of-state property   We are selling a house right now, and it’s not a normal situation for us. It’s not a flip or a rental property. Instead, it’s the house my Grandmother owned until she passed in 2013.   There are some people who are cool with buying and owning property all over the world and back. But that idea is scary to me. I like having properties I…

Steady wins the race

Steady wins the race   During a recent walk with my kids, my first-born was showing out on his roller blades and my daughter was rolling around on a three-wheeled scooter. As we were walking and talking, the story of the tortoise and the hare got brought up.   Now I don’t know about you, but when I think about that story I don’t see a book of Aesop’s Fables….

Choosing the right agent

Choosing the right agent   Choosing the right real estate agent is something that’s important when buying — and especially when selling — real estate. This is because agents aren’t one-size-fits-all for every deal. And finding out what an agent is good at, and where they are located will help you determine whether or not you should hire them.   Let me explain.     Not all agents work in…