Don’t let innovation disrupt you

Don’t let innovation disrupt you

Don’t let innovation disrupt you   There’s a really cool book you should check out called “Disrupt You” by Jay Samit. Jay is a serial entrepreneur with a background in media and computer programming.   To define the concept of what a disruption is, Jay tells a personal story about how he failed big-time. He had a computer programming company that was bidding on a state contract to make kiosks…

I almost missed it

I almost missed it

I almost missed it   It was about 10:30 on Saturday night. We had just put the kids down, and Ashley and I were preparing for bed. At this point, my beautiful bride was considered full term in her pregnancy at 38 weeks. She lay down in the bed only to pop right back up with a startled look on her face as she said, “Whoa! I just had a…

Meeting of the minds

Meeting of the minds

Meeting of the minds   I’ve recently had an opportunity to relearn how important the meeting of the minds is between buyer, seller and real estate investor, and I’d like to share some of that information with you. The example has to do with being snookered.   It happened while I was on the phone with a seller. We’d met multiple times in person and had always had great interactions….

Here’s what we’re seeing right now

What can an in-home tell you?

Here’s what we’re seeing right now   Who would have predicted that a virus could’ve had this much of an impact on us? I didn’t see it coming.   So, what are we seeing right now?   April was good as far as rentals go. We are at about 90% on our collection rate. What I wrote to you about talking to our tenants and being proactive really proved to…

Running and real estate

Running and real estate

Running and real estate:   I spent most of my childhood growing up in a little town called Hull located in Madison County Georgia — that’s right next to Athens where the UGA main campus is located. I went to Colbert Elementary and then on to Madison County Middle School.   During those years I was involved in sports playing baseball and soccer at the county rec department. In seventh…

Preparing for a market downturn

Preparing for a market downturn

Preparing for a market downturn   I was part of a webinar this morning where the topic was what someone should do in a market downturn like what we’re getting ready to experience. Actually, I’d say we’re already in the downturn. We just haven’t seen how it will manifest itself in the real estate world yet.   During the call, we first talked about things we’re doing differently in our…

Fear and proactivity

Fear and proactivity

Fear and proactivity   I think that you will agree with that me that there’s a lot of uncertainty going on right now. And people do some strange things when they get scared. If you don’t believe me, go check out the toilet paper aisle at the grocery store. Now, I’ve had to make a run, or perhaps more of a waddle, for toilet paper before. But I’ve never seen…

Investing, family and footprints

Investing, family and footprints

Investing, family and footprints   Real estate investing is our family business, and I’m not just talking about Ashley being my partner. Our kids have also been involved their entire lives.   You see, Ashley was closing a short sale and fielding calls while giving birth to our first born. I’m not joking. I have the video to prove it. She was on the phone talking to a seller while…

What does a day look like?

What does a day look like?

What does a day look like?   I’m often asked what a typical day looks like for a full-time investor. This is a hard thing to answer because any given day can be different. But to give you some insight as to the possibilities, let me tell you about yesterday.   I woke up at 4:30 a.m. (that’s not a typo.) The reason I get up so early is so…

It’s not what you make, but what you keep that matters

It’s not what you make, but what you keep that matters

It’s not what you make, but what you keep that matters.   How many of you have heard stories about lottery winners who win it big, only to lose  everything in a short period of time? I was reading a web article on this subject recently and it was mind blowing. The article went through many stories of how different people had won millions, only to lose it in 10…