Archive
How to make your top offer: When you’re looking to buy an investment property, it’s important not to get emotional while evaluating the deal. Let me warn you, failure to keep your emotions in check will cost you big time. Ask me how I know. One of the worst deals Ashley and I ever did was a result of us leaving our excitement unchecked. When we were new investors, we wanted so...
“I could just kick myself” Is what the lady said as she teared up and turned away from me standing outside that rental house. It was early evening, just after she and her husband had gotten off of work. With her back turned to me so I didn’t see the tears fall, she said, “I just didn’t know people like you existed.” I was at a loss for words. You see, this couple was going...
Seek out great Agents The other day, a young agent contacted me about a deal down in Cartersville. It was a great deal, and since the agent brought it to my attention, I made my offer through him. As I was going through the paperwork, I noticed something called an “Exclusive Buyer Brokerage Agreement.” Be careful of these. As this particular document stated, “the buyer hereby...
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 bought it, but we got it rehabbed and looking nice. We did all the normal stuff like painting, new floor covering and new...
What’s going on at the foreclosure auctions? In Georgia, foreclosure auctions happen the first Tuesday of ever month on the courthouse steps between 10am and 4pm in each county. In order for a lender to foreclose on a property, they must put the public on notice by advertising in the local legal organ for four consecutive weeks prior to the auction date. In 2012, Ashley and I found...