Cash Flow With Joe

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Seek out good advice

Seek out good advice

  The other day, Ashley and I were shopping for appliances for a flip. Normally it’s not a big deal. We use the same stove, dishwasher and vent hood on almost every house. But this time, it was after Black Friday, and everything was on sale. We pointed out some different appliances we liked to the salesperson. But on each one, they tried to up-sell us. And each up-sell added a couple...

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Remember to be Thankful

Remember to be Thankful

  Ashley and I went up to Kentucky to see her side of the family for an early Thanksgiving. It was great. Her Dad lives in Pulaski County, and the mountains there are just beautiful. We spent our time riding the kids through those mountains on four wheelers and visiting with family we see only a few times a year.     We came home the day before Thanksgiving. Traffic was tough....

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66 Days

66 Days

  Gary Keller, founder of Keller Williams Realty, wrote a fantastic book called “The One Thing.” In it, he challenges some modern ideas about multitasking, its effectiveness and its impact on the successfulness of your career.     His basic conclusion is that multitasking is a farce. He sights a study performed on college students to determine their effectiveness while...

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Lonnie Deals in Action

Lonnie Deals in Action

Today is a bittersweet day. We had a Lonnie Deal payoff for the very first time in over six years. It’s bitter because we just lost the $275 income stream this deal was paying us and now we have to go out and replace that money.   It’s sweet because I just got a text from my good friend named Mike Hicks. Mike’s a smart investor up in the Rossville area. Recently, his beautiful wife, Teah,...

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What I learned at ‘What Box’

What I learned at ‘What Box’

  Ashley and I just got back from the “What Box” seminar on creative deal structuring presented by Bill Cook and Pete Fortunato. It was great, but I’m not going to lie – by the time we got through with class, my brain was numb.   On the car ride home, we talked about the “aha” moments we’d had. One of the things I learned was there’s a difference between deed ownership and tax...

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