Cash Flow With Joe

Month: August 2020

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Controlled chaos

Controlled chaos

Controlled chaos   Sometimes, things are just hectic. In the real estate world, however, I think you have to accept that things are constantly going to come up and alter your plans. You’ll have to succumb to the fact that you will be living a life of controlled chaos at work.   Take this morning for instance.   I got through with my workout and went to go see V (short for...

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One-sided

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 was going to when I turned into the...

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$2 in the tank

$2 in the tank

$2 in the tank   This morning’s workout was exceptionally difficult for me — yet it was not an exceptionally difficult workout. I just had no energy. You know, most of the time you get a second wind when you’re working out. But for me this morning, I never caught my first wind.   It’s kind of weird, too. I ate well yesterday. I went to bed on time, and I don’t remember tossing and...

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Is this the new normal?

Is this the new normal?

Is this the new normal?   I was talking with a buddy of mine this week about how to evaluate the returns on rental property using the financial calculator. I’d like to share with you what we did.   Before we get started, if you haven’t had your morning cup of coffee, put me down and go get. This column is going to be numbers-heavy and will require an acute mind. I’ll be here when you...

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