CASH FLOW
With Joe
Financial Freedom, One House at a Time
Latest Post
Looking like professionals
Looking like professionals The cost of trade labor has gotten quite high lately in my opinion. I’m seeing some strange business practices with how companies are bidding jobs. And if you’re looking in the wrong places for help, it might cost you an unneeded arm and a leg — especially in the plumbing world. Let me explain what I mean by that. The first instance had to do with our...
Land lording
The way you lie
The way you lie I don’t know if you are country music fans are not but I like listening to it from time to time — especially if it’s from the 90’s era. But there’s a song from the Band Perry titled “You Lie.” The chorus is great and it goes something like this:...
Issue the pay or quit
Issue the pay or quit Do you know what the first step should be for you as a landlord if you did not receive payment from your tenant this month? The answer is: issue the pay or quit letter. Landlords in our area typically have their residential leases set up so rent...
Working with your hands pays
Are you handy? Do you have construction skills? If you do, that’s great. But just because you do, does that mean you should work on your rentals yourself? For me, the answer to that question is ‘yes’ … most of the time. Now that may come to you as a shock, especially...
Mobile Homes
Trucks and trailers
We just did a land-home deal over in Adairsville. During the course of the purchase, the sellers found themselves in need of a truck. They were moving to Florida after the sale and were planning to live in a travel camper until they could decide where to buy...
Working in your area
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...
Trailers is as trailers does
Trailers is as trailers does I’m a big fan of mobile homes. To me, they have the best returns, by far, of any investment in real estate today. But be aware, mobile homes are quirky. We have a doublewide on Berry Bennett Rd. It was a little rough when we...
Real Estate Investing
Should we keep it or kill it?
Should we keep it or kill it? How would you like to go over a real-life deal we are working on today? Would that be beneficial? Actually, you might even be able to help me with it. Because we are having a hard time deciding if we should keep it or kill it. I...
Don’t be a good-for-nothing wholesaler
Don’t be a good-for-nothing wholesaler Boy I’m going to get some hate mail for that title. But read on and you will understand what I mean by it. Before we get started, I need to define what I mean by the term “wholesaler.” Wholesaling is a strategy in...
Fat deals looking slim
Fat deals looking slim Being able to track your rehab numbers is a crucial skill as a real estate investor. The reason for this is if you don’t know how much it will cost to fix the house, you can’t make an accurate offer. To show you what I mean by...
Videos
What’s the Deal Episode “The Big Stink”
The Big Stink On this episode of What's the Deal, Joey and Ashley tackle a huge rehab on mobile home they plan to flip. Did they get in over their heads? You will have to watch and see. https://youtu.be/2FDHCvB2J8M
What’s the Deal Episode “Kaleigh’s House”
On this episode of What's the Deal, Joey and Ashley fix up a rental and sell it for a worthy cause. https://youtu.be/mPOwZ8aVCFM
Advertising your rentals
Ever wonder what works for advertising your rentals? Here is a quick little video on how we do it. [ youtube https://www.youtube.com/watch?v=9m5jvuhIJXA] https://www.youtube.com/watch?v=9m5jvuhIJXA