Cash Flow With Joe

Flipping

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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...

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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...

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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...

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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...

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