Something is missing

Something is missing   My first nonretail job was as a residential painter in college. I then worked for a handyman and then a custom home builder. I finally landed on a rehab crew remodeling both rentals and flips for an investor in Atlanta, which is where I got exposed to real estate investing.   And since my background is in construction, one of my jobs in our company is…

Problem solving a poor baby

Problem solving a poor baby   We had a bad night this week. As a matter of fact, it was one of the worst I can remember in our child rearing career. And it all started while we had the kids working at a flip project we just finished on Sunday.   Real estate investing is our family business. As such, we try to get the kids involved as much…

Sitting at the laundromat with my bank account drained

Sitting at the laundromat with my bank account drained   So, I learned some very valuable lessons this week at the laundromat. First, laundromat has an “O” in it which is contrary to how I say it — “laundry mat.” Next, the machines there have come a long way since I was kid. They have timers on the washers now, which is awesome, and the dryers are very efficient. I…

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…

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…

Dealing in benefits

Dealing in benefits   I was out door knocking recently, and I came across a seller in a precarious position. You see, she was thousands of dollars behind on her mortgage, she was older and the house was too much for her to take care of. Oh, and she was two and half weeks away from being foreclosed on.   When I first knocked on her door, she admitted she…

King me

King me   The other day, I was having some alone time with my 8-year-old, and he wanted to play a game of checkers. As we got the game out, which was one of those nice wooden ones, I noticed that we didn’t have all of the wood playing pieces.   My son looked at me sheepishly and confessed that he had lost some of them. But he told me…

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…

One-sided

One-sided   This week I got a call from an agent to go look at a potential deal. It was a 5-bedroom/ 3-bath house with over 3,000 square feet located in a very desirable area priced at only $100,000. When you see deals like that, you stop what you are doing and get to the house as soon as humanly possible.   It wasn’t hard to spot which house I…

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….