Cash Flow With Joe

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Should you do it yourself?

Should you do it yourself?

Should you do it yourself?   This week I got a call from my lead man Charles. He was changing out the galvanized plumbing under a flip house because the water pressure had become very reduced due to the buildup of corrosion in the pipes. All was looking good until he went to tie back into the main water line coming from the street.     Everything under the house, including the...

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They are making a lot of noise, but they aren’t going anywhere

They are making a lot of noise, but they aren’t going anywhere

They are making a lot of noise, but they aren’t going anywhere   I recently had a pretty cool wealth analogy fall in my lap that I would like to share with you. It happened while I was out for a long run with my buddy Cody Johns. And when I say long, it was 10 miles.   Now, you should know that I don’t consider myself a runner. I can run, but I don’t feel like I was designed for it....

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The family board meeting

The family board meeting

The family board meeting   Investors talk a lot about the financial freedom that comes from having investment property. We glamorize going on trips, not having a J.O.B. and feeling like we are more in control of our future because of the passive income from rental properties. But are those the real reasons why we invest in real estate?   Let me clarify what I mean by that.  ...

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Why buy rentals?

Why buy rentals?

Why buy rentals?   Boy, we’ve had a week — maybe more than a week. You see, it really started when Ashley’s water broke last Thursday. When that happened, I spent the following Friday trying to finish everything I possibly could. I knew our fourth baby would be here soon, and I wanted to get as much done as possible in final preparation for that impending event. And I wanted to make sure...

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Riding the waves

Riding the waves

Riding the waves   We’re down in the Florida panhandle at Navarre Beach this week. It has been beautiful while we’ve been here. Highs have been in the mid- to upper 80’s, and it has been mostly bright and sunny despite the forecast for thunderstorms. Don’t get me wrong: the storms are out in the gulf, but they seem to miss where we are every day aside from a few stray showers.   At...

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