CASH FLOW
With Joe

Financial Freedom, One House at a Time

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Hope for the best, but get the rest in writing!

Hope for the best, but get the rest in writing!

Hope for the best, but get the rest in writing!   I like to think of myself as a positive person. So much so that I think they made a little mistake when they did my blood type. You see, they say I’m B-negative, but I disagree because I tend to be positive. So, there is a little discrepancy there. But all kidding aside, I enjoy being around other positive, upbeat people. I don’t watch the...

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Land lording

The way you lie

The way you lie

The way you lie   I don’t know if you are country music fans are not but I like listening to it from time to time — especially if it’s from the 90’s era. But there’s a song from the Band Perry titled “You Lie.” The chorus is great and it goes something like this:...

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Issue the pay or quit

Issue the pay or quit

Issue the pay or quit Do you know what the first step should be for you as a landlord if you did not receive payment from your tenant this month? The answer is: issue the pay or quit letter. Landlords in our area typically have their residential leases set up so rent...

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Working with your hands pays

Working with your hands pays

Are you handy? Do you have construction skills? If you do, that’s great. But just because you do, does that mean you should work on your rentals yourself? For me, the answer to that question is ‘yes’ … most of the time. Now that may come to you as a shock, especially...

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Mobile Homes

Trucks and trailers

Trucks and trailers

  We just did a land-home deal over in Adairsville. During the course of the purchase, the sellers found themselves in need of a truck. They were moving to Florida after the sale and were planning to live in a travel camper until they could decide where to buy...

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Working in your area

Working in your area

  One of the biggest mistakes I see beginning investors make is buying a property a long distance away from where they live.   And trust me, I understand. It was a great deal. And you hadn’t seen anything that cheap around you.     Ashley and I did...

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Trailers is as trailers does

Trailers is as trailers does

Trailers is as trailers does   I’m a big fan of mobile homes. To me, they have the best returns, by far, of any investment in real estate today. But be aware, mobile homes are quirky.   We have a doublewide on Berry Bennett Rd. It was a little rough when we...

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Real Estate Investing

Don’t be a good-for-nothing wholesaler

Don’t be a good-for-nothing wholesaler

  Don’t be a good-for-nothing wholesaler   Boy I’m going to get some hate mail for that title. But read on and you will understand what I mean by it. Before we get started, I need to define what I mean by the term “wholesaler.” Wholesaling is a strategy in...

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Fat deals looking slim

Fat deals looking slim

Fat deals looking slim   Being able to track your rehab numbers is a crucial skill as a real estate investor. The reason for this is if you don’t know how much it will cost to fix the house, you can’t make an accurate offer.   To show you what I mean by...

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Should you do it yourself?

Should you do it yourself?

Should you do it yourself?   This week I got a call from my lead man Charles. He was changing out the galvanized plumbing under a flip house because the water pressure had become very reduced due to the buildup of corrosion in the pipes. All was looking good...

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Videos

Advertising your rentals

Ever wonder what works for advertising your rentals? Here is a quick little video on how we do it. [ youtube https://www.youtube.com/watch?v=9m5jvuhIJXA]   https://www.youtube.com/watch?v=9m5jvuhIJXA

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