Archive
Why rents must go up Price increases are staggering right now. I know everyone is feeling it at the gas pumps and at the grocery stores. But what about us landlords? I can say from personal experience that we are feeling it in lots of places. Let me explain. This last week I was on a call with Matt from Simple CFO. Simple CFO is a company that offers fractional CFO services. This works...
This does concern you This week, I met with a seller who had a beautiful, brick ranch in a very desirable subdivision in Calhoun. The house was in very good shape. It needed some updating since it still had original fixtures throughout the house as well as wallpaper from its construction era. The kitchen needed some love too, but it had nice hardwood floors, a great living space and a...
Paying on-time is not a favor We experienced an anomaly this month. We had three different tenants who experienced difficulties paying on time, and they all had different circumstances. The first tenant actually did get his payment in on time. Truthfully, he was early. But the difficulty stemmed from the fact that his personal bank account had been closed down due to...
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 rented an RV last year and drove from Calhoun to the...
Real estate investing is a team sport I will never forget the last week of December in 2021. That week was a massive departure from the norm for me. It started on Sabbath morning when I awoke to back pain. You see, I hurt my back in the gym the week before Thanksgiving. I was doing an exercise called pendulum squats when I felt something move in my back. It didn’t hurt, but I knew...