Cash Flow With Joe

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Does this deal work?

Does this deal work?

  I have one of those aftermarket, Bluetooth- equipped, Kenwood stereos in my truck. Since I got it, everyone in the car is privy to my phone conversations.   As I drove to Cartersville with my 18-year-old helper, I got a call from an investor looking to sell his two rental properties. Consequently, Lucas got to listen in on the call.   The investor had two properties, which he...

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Lien on me

Lien on me

    We’re buying a house over in Adairsville — one of those buy-it-in-less-than-a-week-type deals — which means that for things to move that quickly, everything has to line up just right.   We got the house under contract Sunday, hoping to close it on Friday.   Monday morning, my closing attorney ordered a title search. This is important for two reasons. No. 1, you need to...

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Your contracts should evolve

Your contracts should evolve

  The phrase, “One size fits all,” is something that should never be applied to your contracts. It’s very important that your documents fit the individual deal you’re working on. If you get on the internet and get a generic contract, it may have verbiage in it that’s not compatible with the laws in your state. You don’t want that.     Each time you write a contract, the situation...

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Pay it forward

Pay it forward

  For Ashley and me, 2012 was a big year. We became full time investors, but more importantly, it was the year we started our family.   It was late December 2011, and I was painting a huge master closet in a house in Cartersville, when I received a message from Ashley with an image of a positive pregnancy test captioned “Congratulations Daddy.” With a surge of emotions, I immediately...

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Seek out good advice

Seek out good advice

  The other day, Ashley and I were shopping for appliances for a flip. Normally it’s not a big deal. We use the same stove, dishwasher and vent hood on almost every house. But this time, it was after Black Friday, and everything was on sale. We pointed out some different appliances we liked to the salesperson. But on each one, they tried to up-sell us. And each up-sell added a couple...

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