CASH FLOW
With Joe

Financial Freedom, One House at a Time

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In the zone — but not the right zone

In the zone — but not the right zone

In the zone — but not the right zone   You can’t trust government websites. Ask me how I know. Better yet, I’ll just tell you. We’re currently working on a project that has a house sitting on 4.5 acres in a nice country setting. That sounds quaint, doesn’t it? It’s a good area and will make someone a great home. But something we realized is that the extra acreage does not increase the value...

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Land lording

A big fat jacket

A big fat jacket

A big fat jacket   Last week, we made an analogy between how you protected yourself from the elements as a kid when you played in the snow and how you should use that same logic to protect your assets. Both should be done in layers.   We talked about layers...

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Why do an in-home interview?

Why do an in-home interview?

Why do an in-home interview?   We have three properties on market right now for rent, and the quality and amount of applications coming in is great. This is a stark difference from the craziness we experienced in late fall of last year. Then, we had 200...

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Enough is too much

Enough is too much

Enough is too much   Rent is due on the first and late after the fifth of the month, according to most residential leases. On the sixth, a letter of demand should be issued to any tenant who has not paid. That letter should read something like this:   “Dear...

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Mobile Homes

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Real Estate Investing

Learn to rest, not quit

Learn to rest, not quit

Learn to rest, not quit   I am so sore right now. And I have been all week. That’s because we have two things going on at the gym. First, we are having a team competition to see who can achieve the highest average max effort points, or MEPs, this month. These...

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Missing my friends

Missing my friends

Missing my friends   I’m missing my friends a lot lately. I didn’t even realize how much until this past week when I got to see friendly faces I haven’t seen all year.   The first one was a total surprise. I came home for lunch and as I rounded the corner to...

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Dealing in benefits, the story continues

Dealing in benefits, the story continues

Dealing in benefits, the story continues   Last week we talked about a seller I encountered who was in a precarious position. ( You can read that blog here) She was thousands of dollars behind on her mortgage and in active foreclosure. She was older and couldn’t...

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Videos

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