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 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...
Land lording
Tenants must be easy to work with
So, we recently had tenant applicants do some things that were new to us. One walked out of the lease-up, and the other called us rude. Let me explain what happened and why each instance was actually good. The first one happened on a Tuesday. We’d been...
Always do an in-home inspection
So, you bought a house that you plan to hold as a rental property. You did a great rehab and really have it looking nice. Now it’s time to put it on market and get the rent money coming in. As you begin to look for tenants, I want to caution you...
Public service announcement
I had an interesting time with contractors last week. We have five rehabs going right now, which means we are dealing with lots of contractors and many different schedules. And last week’ workflow was, well, inefficient at best. I had one contractor go...
Mobile Homes
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Real Estate Investing
Controlled chaos
Controlled chaos Sometimes, things are just hectic. In the real estate world, however, I think you have to accept that things are constantly going to come up and alter your plans. You’ll have to succumb to the fact that you will be living a life of controlled...
Is this the new normal?
Is this the new normal? I was talking with a buddy of mine this week about how to evaluate the returns on rental property using the financial calculator. I’d like to share with you what we did. Before we get started, if you haven’t had your morning cup...
Atypical Day
Atypical Day I’m often asked what my typical day looks like as a real estate investor. And I am often at a loss on how to answer that question because, well… let me tell you about a recent day. I started out at 5:30 a.m. at Calhoun Spine and Wellness...
Videos
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