CASH FLOW
With Joe
Financial Freedom, One House at a Time
Latest Post
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...
Land lording
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...
Why landlords need good tenants
I’m a firm believer in the idea that rental property is an essential part of attaining financial freedom. It’s different from any other capital asset you can purchase. I mean think about it: for what other asset can you get a loan for the purchase price? I’m...
Mobile Homes
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Real Estate Investing
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...
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...
Buying out-of-state property
Buying out-of-state property We are selling a house right now, and it’s not a normal situation for us. It’s not a flip or a rental property. Instead, it’s the house my Grandmother owned until she passed in 2013. There are some people who are cool with...
Videos
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