Cash Flow With Joe

Flipping

Archive

Something to consider in a sellers’ market

Something to consider in a sellers’ market

Something to consider in a sellers’ market   Inventory is at an all-time low right now. For instance, there are only 48 houses actively on the market in Bartow County priced at $400,000 or below. That number drops to 28 houses at under $300,000 and it is nearly impossible to find anything for sale under $200,000.   That’s not a lot of houses for an entire county.    ...

read more
Something is missing

Something is missing

Something is missing   My first nonretail job was as a residential painter in college. I then worked for a handyman and then a custom home builder. I finally landed on a rehab crew remodeling both rentals and flips for an investor in Atlanta, which is where I got exposed to real estate investing.   And since my background is in construction, one of my jobs in our company is to...

read more
I felt like I was lied to

I felt like I was lied to

I felt like I was lied to   Today I want to share something with you that is interwoven with real estate, but is really a message I hope that you’ll share with the younger people in your life.   It all started when I stopped by a flip project this week and began talking with my lead man, Charles, about a recent article he had read about the shortage of skilled labor in our country. And...

read more
Be very careful right now

Be very careful right now

Be very careful right now   You may not know this, but we lost the very first real estate investment deal I was ever a part of to foreclosure. How’s that for a credential?   It wasn’t a house we had bought to flip or rent out. It was a house my family was building to live in for a few years and then sell to bolster my parent’s retirement. The year was 2005, and I was still living at...

read more
One-sided

One-sided

One-sided   This week I got a call from an agent to go look at a potential deal. It was a 5-bedroom/ 3-bath house with over 3,000 square feet located in a very desirable area priced at only $100,000. When you see deals like that, you stop what you are doing and get to the house as soon as humanly possible.   It wasn’t hard to spot which house I was going to when I turned into the...

read more

Pin It on Pinterest