I do not envy flippers

I do not envy flippers   I was told the same thing twice this week by two different financial advisors of mine. They both said, and I quote: “I do not envy flippers.”   The first instance happened on a weekly call I have with a company called Simple CFO. Simple CFO is a team of accountants with specialized knowledge about the real estate investing world, and they integrate a…

A true servant’s heart

A true servant’s heart   We have a list of five core values that define who we are as a company. These values are something that everyone in our company must share. We literally hire and fire based off of these core values. And I will share them with you. In order, they are: We have a servant’s heart. We always do the right thing. We are driven to succeed….

Tenant at will

Tenant at will   Well, I recently found myself in court with an inherited tenant. When I say inherited, I mean the tenant was in place when we bought the property. Our problem was not because of nonpayment but instead because of an unruly dog.   Now, I like dogs. And our company is pet friendly. But when I did the inspection on the house, I could see this animal…

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…

If you don’t face your fears, then you don’t get to play with the kittens

If you don’t face your fears, then you don’t get to play with the kittens   After a bumpy week, behaviorally speaking, with my eight-year-old, I could tell I needed to spend some one-on-one time with my boy. So, I took him to work with me. This time together is something I cherish because I get to show him how we make our living, and I have the opportunity to…

Get off your phone!

Get off your phone!   Ashley and I were recently at a cookout with some top-notch investors, and one of my really good friends was in attendance. As we were sitting around the fire pit, he told us about something that had just been revealed to him, which I felt like I should share with you.   It all happened at a mastermind he attended.   You see, masterminds are…

A different, but permanent fix

A different, but permanent fix   I recently walked into the Gordon County Tax Assessor’s office and approached the desk where I was promptly greeted by one of the assessors who asked, “How can I help you?” I told him that I was about to knock his socks off. He leaned slightly forward with a semi- concerned look, no doubt preparing for a disgruntled taxpayer, and asked, “How’s that?” I…

A lose-lose situation

A lose-lose situation   We try as real estate investors to create win-win situations when constructing our deals. This endeavor takes a lot of practice and a lot of training to accomplish. We spend countless hours reading books about negotiating and creative deal structuring, and we regularly attend seminars on the subject. We do this so we can be prepared to help as many people as possible solve their real…

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.     Whitfield…

A clarity break

A clarity break   It was around 3:45 p.m. today before I breathed a sigh of relief as Ashley, the family and I headed south on I-85 for Florida. At that time, we weren’t even an hour south of Atlanta despite the fact that we had left Calhoun at 10:30 a.m. That means five hours into a supposed 6 1/2 hour trip, we were no further than two hours away…