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Things are changing

Things are changing

Things are changing   Ashley and I were sitting on the couch this morning, sleepy-eyed, but trying to make the most of our few moments together without child interruption as we sipped our coffee. You see, life has changed quite a bit for us this past month with having a newborn.   I’ve been saying this since our two-year-old was born. Having babies is a young man’s sport. And I don’t...

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Is cash king?

Is cash king?

Is cash king?   I will never forget the first deal Ashley and I had ever done that was severely damaged by fire. The year was 2011, and the deal, which we call the burnout, was a 1992 single wide located in a mobile community in Dalton, Georgia.   That house was the third deal Ashley and I had ever done. A burnout on our third deal sounds pretty gutsy huh? Well, there’s a fine line...

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O appraisal, where art thou?

O appraisal, where art thou?

O appraisal, where art thou?   When Ashley and I did our first flip in 2012, the property was located on Atlas Way in Calhoun. It was a three bedroom, two bath brick ranch that we bought at a foreclosure auction for $19,178. That number sticks out in my mind because it was the biggest purchase I had ever made at the time. It was also the biggest cashier’s check I had ever seen. Do remember,...

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Something to consider in a sellers’ market

Something to consider in a sellers’ market

Something to consider in a sellers’ market   Inventory is at an all-time low right now. For instance, there are only 48 houses actively on the market in Bartow County priced at $400,000 or below. That number drops to 28 houses at under $300,000 and it is nearly impossible to find anything for sale under $200,000.   That’s not a lot of houses for an entire county.    ...

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Creative offers

Creative offers

Creative offers   Ashley and I were two broke kids straight out of college when we got started in real estate investing. We had a mound of student loan debt and no money in our pockets to invest. And because we had either been self-employed or full-time students while in school, we had no real, verifiable income. That fact, coupled with a high debt to income ratio from the loans, meant...

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