Cash Flow With Joe

Joey English

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The three piggy banks

The three piggy banks

  My son just had his fifth birthday and consequently came into some money. To a 5 year old, $30 feels like a fortune. As we were riding in the car one day, Seph began to contemplate what he should do with all that cash.     At 5, he already knows to tithe. But he questioned what he should do with the other $27.   He asked me what I thought, and I told him I’d have to ponder...

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Business and the beach

Business and the beach

  Here’s my current situation: I’m in Fort Walton Beach Florida. As the waves roll in, their sound makes a constant yet subtle roar that I’m sure was designed by The All Mighty to soothe the soul. The bleached white sand gently tapers down into clear, light blue water that mixes with varying shades of green as you move deeper into the Gulf of Mexico —  I now understand why they call this...

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Earnest money

Earnest money

  Earnest money can be defined as a good faith payment made by a buyer at the time of entering a contract to indicate their intention and ability to carry out the contract to the seller.   Once upon a time, earnest money demonstrated the buyer’s commitment to purchasing the house and it was given directly to the seller to hold until the contract closed. At that time, it would be...

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Learning creative deal structuring

Learning creative deal structuring

  I was recently invited to a mastermind meeting that had some pretty advanced investors in the room, one of whom was in the habit of buying tax liens – these are liens counties put against properties when homeowners don’t pay their property taxes. Counties do this so they can sell the liens at auction and recoup the funds they didn’t collect from the homeowner. This is called a tax lien...

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Who do you surround yourself with?

Who do you surround yourself with?

  One of my greatest real estate mentors, Bill Cook, recently asked me to critique the bio he was putting on his new website. You see Bill is a very private guy. So when he asked me to help with writing something personal like that, you’d better believe I stopped what I was doing and gave it my full attention.   As I was reading through Bill’s bio, it really stood out how important the...

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