For sale by neighbor

For sale by neighbor   When I was a kid, we had a cassette tape of James Gregory. I remember listening to the different segments, laughing real hard, and rewinding the tape to listen to them again. (And to any of my younger readers, a cassette tape was like a small storage thumb drive for music that came before CD’s. And yes, I’m that old.)   One segment that sticks…

Real estate investors make people cry

Real estate investors make people cry   I sometimes hear people talking about real estate investors in a poor way. They will refer to us as vultures circling around. (I guess they see us as waiting for people’s homes to die so we can swoop in and greedily make massive profits off others’ misery)   And just like with any profession, there are some investors out there who care more…

Things are changing

Things are changing   Ashley and I were sitting on the couch this morning, sleepy-eyed, but trying to make the most of our few moments together without child interruption as we sipped our coffee. You see, life has changed quite a bit for us this past month with having a newborn.   I’ve been saying this since our two-year-old was born. Having babies is a young man’s sport. And I…

Disposable income

Disposable income   The other day, I took my road bike to my local bike shop to get it looked at. It had something weird going on. On my previous ride, I started hearing a ticking sound in my wheel. Prior to the ticking sound, I was averaging over 18 mph. But when the tick sound started, it was all I could do to hit 15 1/2 mph, and it…

Do you know your deeds?

Do you know your deeds?   I was talking to an investor recently that was trying to figure out how to do a deal. He was a successful flipper and wholesaler, and he had a deal that was under contract with a nice profit margin. The problem was the house needed some work. His sellers could not close for a few months and he was wanting to figure out a…

Why rentals are better than assignment fees

Why rentals are better than assignment fees   I read a great social media post this morning. It was from an investor who was writing to explain why long-term rentals are something wholesalers need to consider when they get houses under contract. And to support his position, he went through the numbers on a recent deal.   (Now, I went back to try find you the post so that I…

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…

Is now the time to buy?

Is now the time to buy?   We did something very interesting the other day. We bought a bus. Now, it’s not a school bus. It’s a public, transit-type bus. The reason we were looking for one was because we plan to travel a lot more around the U.S. making the most out of the 18 summers we have left with our kids. As I have told you before, we…

Real estate investing is a team sport

Real estate investing is a team sport   I will never forget the last week of December in 2021. That week was a massive departure from the norm for me. It started on Sabbath morning when I awoke to back pain. You see, I hurt my back in the gym the week before Thanksgiving. I was doing an exercise called pendulum squats when I felt something move in my back….

Another statistic

Another statistic   Have you heard it said that 8 out 10 small businesses fail within the first 18 months? I have, and I just thought it was true. As a matter of fact, I went looking for it the other day and was kind of surprised as to what I found.   I found that statistic was stated in a Forbes article from 2013. But they gave no data…