Cash Flow With Joe

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I almost missed it

I almost missed it

I almost missed it   It was about 10:30 on Saturday night. We had just put the kids down, and Ashley and I were preparing for bed. At this point, my beautiful bride was considered full term in her pregnancy at 38 weeks. She lay down in the bed only to pop right back up with a startled look on her face as she said, “Whoa! I just had a big gush of something.”   That big gush was Ashley’s...

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Meeting of the minds

Meeting of the minds

Meeting of the minds   I’ve recently had an opportunity to relearn how important the meeting of the minds is between buyer, seller and real estate investor, and I’d like to share some of that information with you. The example has to do with being snookered.   It happened while I was on the phone with a seller. We’d met multiple times in person and had always had great interactions....

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Here’s what we’re seeing right now

Here’s what we’re seeing right now

Here’s what we’re seeing right now   Who would have predicted that a virus could’ve had this much of an impact on us? I didn’t see it coming.   So, what are we seeing right now?   April was good as far as rentals go. We are at about 90% on our collection rate. What I wrote to you about talking to our tenants and being proactive really proved to be effective and beneficial. What we...

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Running and real estate

Running and real estate

Running and real estate:   I spent most of my childhood growing up in a little town called Hull located in Madison County Georgia — that’s right next to Athens where the UGA main campus is located. I went to Colbert Elementary and then on to Madison County Middle School.   During those years I was involved in sports playing baseball and soccer at the county rec department. In seventh...

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Preparing for a market downturn

Preparing for a market downturn

Preparing for a market downturn   I was part of a webinar this morning where the topic was what someone should do in a market downturn like what we’re getting ready to experience. Actually, I’d say we’re already in the downturn. We just haven’t seen how it will manifest itself in the real estate world yet.   During the call, we first talked about things we’re doing differently in our...

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