Archive
Seek out great Agents The other day, a young agent contacted me about a deal down in Cartersville. It was a great deal, and since the agent brought it to my attention, I made my offer through him. As I was going through the paperwork, I noticed something called an “Exclusive Buyer Brokerage Agreement.” Be careful of these. As this particular document stated, “the buyer hereby...
Should you use a handy man? Lately I’ve had a hard time finding a good, consistent, and affordable painter that’s not booked three months out. This issue led me to do something I don’t normally do - I called a handyman service for paint bids on two consecutive projects - I got burned on both of them. The first house was in Dalton. I hired a local handyman service I’d...
“Mamas, don’t let your babies grow up to be broke kids” When meeting with sellers, your No. 1 goal should be to solve real estate problems. You should tell them something like, “I’m about to ask you some crazy questions. That’s because my job isn’t necessarily to buy your house; it’s to solve real estate problems.” I even tell them that allowing me to buy their house may not...
Do your notes need to carry interest? I was at worship the other day with a five-yea- old who was trying to sell his Rubik’s Cube. I didn’t know they still make those things, but for fun, I played along and asked him how much he wanted for the toy. Tyner: “Nine hundred sixteen”. Me: “Nine hundred sixteen what?” Tyner: “Cents.” Me: “OK, how about this; I can pay you 10 cents...
As a beginning investor, you’ll find yourself doing all kinds of projects you aren’t equipped for. When you are in one of these situations, make sure it’s because you have to, not because you’re being cheap.