Archive
Deeds tell a story I was talking to an investor recently that was having a hard time telling the difference between a warranty deed and a security deed. This confusion is not uncommon for investors that mainly buy houses using cash or traditional financing because the attorneys handle all the deed and paperwork. But this investor was in the middle of buying a subject-to deal. And with...
Learning new things at eviction court We are 0 for 2 in magistrate court this month. How’s that for starting a real estate investor column? Truth be told, we didn’t lose both cases. They got dismissed. The first one, which took place about two weeks ago, I wrote about in “COVID, cabinets and courthouses.” But we had to go again for a different property this week. During...
Learn to rest, not quit I am so sore right now. And I have been all week. That’s because we have two things going on at the gym. First, we are having a team competition to see who can achieve the highest average max effort points, or MEPs, this month. These points are calculated based off what range your heart rate is in as compared to your calculated max heart rate, along with the time...
COVID, cabinets and courthouses The effects of COVID-19 have reached many facets of our lives in 2020. On the real estate business level, they have has affected our purchasing capabilities — specifically how we’ve been able to purchase materials on our rehabs. It started out with 5/4 boards not being available for building decks. Then the shortage moved into other lumber areas before the...
2020: the year of clarity As folks were doing their planning for the beginning of this year, a common theme was that 2020 was going to be “the year of clear vision.” I even have a really cool t-shirt printed with the saying that I got from a business mastermind meeting. Now that we are almost to the end of the year, things look a little different than expected. Somewhere between...