Cash Flow With Joe

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Inaction

Inaction

Inaction   I was reading a Facebook thread today where one my friends were asking what we thought the No. 1 killer of success was. That’s easy — inaction.     Inaction manifests itself in all kinds of forms. Sometimes it’s fear-based like when people are afraid to fail or even afraid to succeed. I can’t tell you how many times this very thing happened to Ashley and me when we...

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What is better, notes or rentals?

What is better, notes or rentals?

What is better, notes or rentals?   If you’re like most investors, you have a renewed perspective on your business right now. That’s because you’ve just analyzed all your rentals, done an inventory of your cashflow and have gotten things ready to send to your CPA. We call this process our end-of-year review.   During this process you’re seeing what kind of cashflow your properties...

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What happens when you die?

What happens when you die?

What happens when you die?   Thanksgiving is one of my favorite holidays. There’s just something about making a gratitude list and eating great food with family that puts a smile on my face and cheer in my heart.   This year, however, things went a little differently for me.     On Thanksgiving day, we learned that a man we had been praying for had passed away. His name was...

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Think hard before killing your goose

Think hard before killing your goose

Think hard before killing your goose   I’d like to tell you about one of Aesop’s Fables. It is one called “The Goose and the Golden Egg.” It’s a great story and it goes something like this:   There once was a farmer who had a goose he visited every day. One morning, he went to see the goose and noticed it had a glittery, golden egg laying in its nest. The farmer tossed the egg aside,...

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Overcoming obscurity

Overcoming obscurity

Overcoming obscurity   I will never forget that day. I was at a function at my congregation and Britt, one of my friends there, pointed over to my truck and asked who it belonged to. The truck had a “We Buy Houses” wrap on the tailgate, and Britt had never seen the vehicle before because we normally show up to functions like these in Ashley’s van.     When I told him it was mine,...

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