Why buy rentals?

Why buy rentals?   Boy, we’ve had a week — maybe more than a week. You see, it really started when Ashley’s water broke last Thursday. When that happened, I spent the following Friday trying to finish everything I possibly could. I knew our fourth baby would be here soon, and I wanted to get as much done as possible in final preparation for that impending event. And I wanted…

Time is money more than money

Time is money more than money   When I was first exposed to real estate investing, I was working for an investor down in Atlanta on his rehab crew. The guy’s name was Andy, and he had two of my friends and me doing everything on his rehabs that didn’t require a license, along with some stuff that probably should have. It was great for me. I was getting to…

Don’t get emotional when making an offer

Don’t get emotional when making an offer   If you read the title of this column, you probably already gathered that you shouldn’t get emotional when making an offer. And that’s true — when you get emotional, you tend to make a bad deal.     I’ve seen this concept play out in many ways. A newer investor will overbid on property. And since they’re excited about doing their first…

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…

Find your pace

Find your pace   Last week, we talked about my experience with the swim portion of the Lake Lanier Island Sprint Triathlon, which I recently participated in. We left off at the very end of the swim when I was finally able to make it past the crowd and start swimming normally.   As I stood up and started to run out of the water, Ashley cheered me on. I…

Swim, bike, run

Swim, bike, run   I recently participated in the Lake Lanier Island Sprint Triathlon … and it was awesome. If you are not familiar with a sprint triathlon, it’s a race that consists of a quarter-mile swim, a 13-mile bike ride and then a 5k run, which is 3.10 miles.     This was my first one ever. And to say I was nervous was an understatement.   We got…

Going on an adventure

Going on an adventure   We just got back from driving an RV across the United States to see the Grand Canyon in Arizona. And it was awesome.   We rented a 30-foot class C motor home to take us on our journey. When it got delivered, the whole family excitedly piled in to check out the new ride. You should have seen the looks on my kids faces.  …

‘Someday’

‘Someday’   On a recent trip, I pulled off the highway and into a mom-and-pop filling station called the Sunset Gas & Grill. It was just outside the Dallas-Fort Worth area in Texas. I always thought filling station wasn’t an adequate way to describe such establishments because you don’t just fill there — you empty as well. And I really needed to.   I pulled alongside the pump in a…

Walking a mortgage

Walking a mortgage   I will never forget that day. I was on my way down to Atlanta to attend Gary Johnston’s Financial Freedom Principle’s seminar. As I was driving, I was listening to another course that featured speakers like Jack Miller, Peter Fortunato, Jimmy Napier and Clyde Wilson.   I pulled up to the Financial Freedom event, and I walked in and found Kim Cook, the wonderful lady I…

I have lots of questions

  I have lots of questions   I’m going to be open and honest with you about something that’s been going through my head. It stems from a conversation Ashley and I were having before bed.   As I was laying there, something dawned on me. I looked over at Ashley and said, “I have to be honest. Being a parent is not how I envisioned it.” She looked over…