Another statistic

Another statistic   Have you heard it said that 8 out 10 small businesses fail within the first 18 months? I have, and I just thought it was true. As a matter of fact, I went looking for it the other day and was kind of surprised as to what I found.   I found that statistic was stated in a Forbes article from 2013. But they gave no data…

To be, or not be free and clear

To be, or not be free and clear   I come from the Dave Ramsey school of thought when it comes to managing finances. I don’t like personal debt, and I prefer to pay cash for things. As a matter of fact, Ashley and I have never had a car payment during our marriage. We no longer have any student loan debt, and we only use our personal credit cards…

Swim, bike, run

Swim, bike, run   I recently participated in the Lake Lanier Island Sprint Triathlon … and it was awesome. If you are not familiar with a sprint triathlon, it’s a race that consists of a quarter-mile swim, a 13-mile bike ride and then a 5k run, which is 3.10 miles.     This was my first one ever. And to say I was nervous was an understatement.   We got…

Walking a mortgage

Walking a mortgage   I will never forget that day. I was on my way down to Atlanta to attend Gary Johnston’s Financial Freedom Principle’s seminar. As I was driving, I was listening to another course that featured speakers like Jack Miller, Peter Fortunato, Jimmy Napier and Clyde Wilson.   I pulled up to the Financial Freedom event, and I walked in and found Kim Cook, the wonderful lady I…

Four Piggy Banks

Four Piggy Banks   My oldest son, Seph, turned nine this month, and he racked up this year with birthday cards, most of which had money in them. And when the dust settled, my boy had amassed a wealth of $60, which is more money than he has ever had in his possession.   The first day after his birthday he wanted to spend some of his money. He has…

Foreclosure Tidal Wave

Foreclosure Tidal Wave   I watched a pretty cool TED talk on how tidal waves are formed recently, and I learned some really interesting stuff I would like to share with you.   The first thing I learned was that the name of tidal wave is a little bit of a misnomer because they have nothing to do with the ocean tidal system. Then I learned about the term tsunami,…

Should you go to a REIA?

Should you go to a REIA?   When Ashley and I got started in on our real estate investing journey we had no idea where to go or who to turn to for education — or guidance in general, for that matter. The first course we took was on creative financing. We overpaid, maxing out our credit cards to get the $12,500 class with a big-name investing education company.  …

If you don’t face your fears, then you don’t get to play with the kittens

If you don’t face your fears, then you don’t get to play with the kittens   After a bumpy week, behaviorally speaking, with my eight-year-old, I could tell I needed to spend some one-on-one time with my boy. So, I took him to work with me. This time together is something I cherish because I get to show him how we make our living, and I have the opportunity to…

A different, but permanent fix

A different, but permanent fix   I recently walked into the Gordon County Tax Assessor’s office and approached the desk where I was promptly greeted by one of the assessors who asked, “How can I help you?” I told him that I was about to knock his socks off. He leaned slightly forward with a semi- concerned look, no doubt preparing for a disgruntled taxpayer, and asked, “How’s that?” I…

Something to consider in a sellers’ market

Something to consider in a sellers’ market   Inventory is at an all-time low right now. For instance, there are only 48 houses actively on the market in Bartow County priced at $400,000 or below. That number drops to 28 houses at under $300,000 and it is nearly impossible to find anything for sale under $200,000.   That’s not a lot of houses for an entire county.     Whitfield…