Archive
I’m grateful for my guys It’s go time! At least for me and our current project it is. That’s because it’s November in Georgia, and we have some things to do outside while the weather is compliant. Let me tell you what I mean. We are working on a split-level house in Calhoun. This is one of those tri-level floor plans where the garage and the bonus area are on the ground floor, the kitchen...
Trust but verify This has been a busy morning for me. That’s because I needed to be out at a property, that we have under contract to sell, to meet with both the septic and HVAC companies I use. The reason we were meeting out there was because our buyer had just completed their inspection of the property, and we had some crazy issues surface that we had to figure out before the due...
What is 2025 going to look like? Let me start this column off by saying “Happy New Year!” as well as expressing some sincere appreciation. Today marks the completion of the eighth year of me writing weekly to you and is the 415th column I’ve had the privilege of having published. That is a long time and a lot of columns. And without you being my readers, without your feedback and...
Stop digging Have you ever heard the old adage “If you find yourself in a hole, stop digging?” Well, that’s great advice, especially for real estate investors because if you are in this business any length of time there’s a good possibility you’ll find yourself looking up from hole. So what do you do about it? That was a question I got asked this week from a Zoom panel in which I...
The price of doing rehabs We just spent $100,000 on a rehab that we thought would cost $60,000. That means we went over budget $40,000. How do you like them apples? To be honest, we were shocked that we went over this much, especially since at the time we calculated our offer to purchase I was thinking I overestimated the rehab. This house was a three-bedroom, one huge bath...