Archive
Credit Fraud: I can’t stand a thief. Call me crazy, but I’ve always felt it’s more natural to go to work than to try to take something that’s not yours. In this day and age, thieves are getting smarter and working harder to take what belongs to you. This past month, I received a strange letter in the mail. It was from the IRS. Any time I get an IRS letter I ask my CPA about it. He...
Park manager are the key to Lonnie Deals: I am a huge fan of mobile homes. Dollar for dollar, I see no other investment that compares to the great returns you can achieve with these properties. Returns typically run from 33 to 120 percent… or more. Did that get your attention? If it didn’t, let me explain. Anytime you hear the words “return” or “yield” and see a percentage,...
This is a Question and Answer session I had with the Calhoun Times Editor Brandi Owczarz about what we are seeing in the rental market. It ran in the paper a few weeks back and a friend asked me to post it to the blog. So here you go. Q. What rental "trends" are you seeing right now in NW Georgia...are you seeing that 3/2 homes are popular? Are people requesting big yards? etc.... ...
Patience: We’re currently flipping a house down in Cartersville and part of the rehab design includes new kitchen cabinets. Now, we don’t normally do cabinets so I didn’t know who to turn to. I got some recommendations for local cabinet makers and got a few bids on the project. After I picked my jaw up off the floor, I made my way over to one of the two major home improvement...
Take Time to Be a Dad: Recently I was riding with an experienced 81-year-old investor. He grew up a poor sharecropper in Mississippi. What he’d learned from his meager beginnings was how to work. I mean, really work. He would pick 300 lbs. of cotton a day. He kidded that he was the slowest out of his 12 brothers and sisters. You know, I always admire guys like him. Nothing was ever...