Archive
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...
Don’t let a rental eat your seed corn: Jimmy Napier is one of my teachers. He’s an old country boy from Chipley, Fl., and when you listen to his recorded classes, his accent and story telling reminds you of a young Andy Griffith. And just like Andy talking to Opie and Barney, Jimmy uses roundabout parables to teach you about investing. One story he tells is about corn. It...
Attorneys are people too: There’s a movie I really like called “The 13th Warrior.” It’s based on the epic of Beowulf with a few twists. There’s an extra character, played by Antonio Banderas, who ends up being the epics author. Another twist happens with Grendle. In the epic, Grendle is a humanoid-ogre type beast who appears at night to fight and feast on the warriors sleeping in...
Can you make creative offers with a realtor? You certainly can. Agents will present any and all written offers to their clients. Just make sure you realize this doesn’t make the seller’s agent your agent, however. At the end of the day, the seller has a relationship with their agent. They trust their agent and have hired them to council them as to what is in their best interest....
A no-good deed goes unnoticed: The deed room is a very important place to frequent, especially once you put a house under contract to buy. You need to make sure the people selling you their house can legally do so. Your closing attorney will look at the chain of title for you, but this often occurs a day or two before your scheduled closing date. By running a preliminary...