CASH FLOW
With Joe

Financial Freedom, One House at a Time

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Full throttle

Full throttle

Full throttle   It is about to get busy around here. Normally, the rental side of our investing business is what you call semi-passive income. The reason it is “semi-passive” is two-fold. One is because each month there is some “work” associated with processing payments, updating books and sending out demand letters for late payments. I put work in italics because most of this can be...

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Land lording

Passive income equals freedom

Passive income equals freedom

Passive income equals freedom   I was sitting on a plane recently getting ready to take the longest flight I have ever been on. It was from Atlanta to Portland, and it was going to take 5 1/2 hours. And I was wondering what I was going to do with myself for that...

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Tenant at will

Tenant at will

Tenant at will   Well, I recently found myself in court with an inherited tenant. When I say inherited, I mean the tenant was in place when we bought the property. Our problem was not because of nonpayment but instead because of an unruly dog.   Now, I like...

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A lose-lose situation

A lose-lose situation

A lose-lose situation   We try as real estate investors to create win-win situations when constructing our deals. This endeavor takes a lot of practice and a lot of training to accomplish. We spend countless hours reading books about negotiating and creative deal...

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Mobile Homes

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Real Estate Investing

To be, or not be free and clear

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...

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Swim, bike, run

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...

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Walking a mortgage

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...

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Videos

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