Cash Flow With Joe

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The key to getting great tenants

The key to getting great tenants

I did something a little gutsy this week. I decided to do a Facebook live video were I walked the viewers through a house we had just gotten back from some vacating tenants. What made this move gutsy was the fact that I had no idea what the condition of the property would be. I just turned the camera on, unlocked the door and began filming.   The house was immaculate!   So, I said I...

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Read everything you sign

Read everything you sign

  We’re doing a property right now that has a propane furnace, so we went to see Ms. Sue over at Calhoun LP Gas. She got me taken care of and scheduled their guys to bring me a tank the following week, weather permitting.   As we were doing the paperwork, Ms. Sue noticed I was reading everything and remarked that that was fine, but that it was just their normal paperwork for a tank...

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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 the same thing when we bought a place for $8,000 45 minutes (one-way mind you) from where we lived. And that was just to the...

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Does this deal work?

Does this deal work?

  I have one of those aftermarket, Bluetooth- equipped, Kenwood stereos in my truck. Since I got it, everyone in the car is privy to my phone conversations.   As I drove to Cartersville with my 18-year-old helper, I got a call from an investor looking to sell his two rental properties. Consequently, Lucas got to listen in on the call.   The investor had two properties, which he...

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Lien on me

Lien on me

    We’re buying a house over in Adairsville — one of those buy-it-in-less-than-a-week-type deals — which means that for things to move that quickly, everything has to line up just right.   We got the house under contract Sunday, hoping to close it on Friday.   Monday morning, my closing attorney ordered a title search. This is important for two reasons. No. 1, you need to...

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