Archive
Just because you can, doesn’t mean you should I was talking to an investor friend, recently, who was facing a conundrum. You see, he had become very specialized in one area of real estate. And the strategy he’d been using to buy on auction platforms, do minimum rehabs and resell was no longer working. Referencing the book by Spencer Johnson M.D., my friend said, “My cheese moved.” ...
Comfort can kill you On a recent morning, I was heading back from a new acquire we have out in the Ranger area of Gordon County. The house is currently being rehabbed to get it rent ready. I was at the house after leaving the gym before 7 a.m. to drop off some materials for the guys. We got them unloaded, and I headed home to take a shower and get the day started. As...
Succession plan I think most parents want to leave an inheritance to give a better financial life to their children and grandchildren. But should that wealth transfer happen haphazardly? Or should there be some real forethought as far as how the inheritance should take place? What I’m talking about here is how you should be training your children and grandchildren to inherit the...
Robbing Peter to pay Paul We just had our first real hot days for this year, which means landlords are about to get calls about air conditioning not working properly. Now, there are some normal things that can happen when central units go from being “off” during springtime to “on” full blast in the Georgia heat, and these typical malfunctions can hinder a unit’s ability to cool....
Business and babies I’m running on fumes this morning. That’s to be expected with a newborn, but the last couple of days have been exhausting, especially for Ashley. Last night we got the baby down for the night at 11:30 p.m. by swaddling him on my chest. While I enjoyed the tenderness of those moments, it also meant I was going to need to sleep in a semi-upright position. I...