Cash Flow With Joe

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Fighting for rental space

Fighting for rental space

Fighting for rental space   This year has been very strange as far as rentals go. First off, rent rates have skyrocketed. In 2018, we have seen two-bedroom, one-bath houses rent for as much as 3/2 floorplans were renting for just two years ago. With the spike in rent prices, odd things have started happening. For instance, we’ve had con artists trying rent people our houses.    ...

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FiFa is a four-letter word

FiFa is a four-letter word

FiFa is a four-letter word   Well technically FiFa is not a four-letter word. It’s an abbreviation for the two Latin words Fieri Facias that translate to “you shall make happen,” which you’ll understand in a minute.     A FiFa is a lien issued by the clerk of court to a lawsuit winner who has been awarded a judgment. This lien becomes public record and gives the sheriff's office...

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Consider this before going full time

Consider this before going full time

  I had an opportunity this week to evaluate some qualities one needs in order to be successful as a full-time investor or real estate professional. It started Monday morning as I was heading to the office for our weekly staff meeting.   The project at forefront of my mind was completion of the rehab on a flip that was about to sell. We were running behind on it and needed all hands on...

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The key to getting great tenants

The key to getting great tenants

I did something a little gutsy this week. I decided to do a Facebook live video were I walked the viewers through a house we had just gotten back from some vacating tenants. What made this move gutsy was the fact that I had no idea what the condition of the property would be. I just turned the camera on, unlocked the door and began filming.   The house was immaculate!   So, I said I...

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10 for 2

10 for 2

  Investing isn’t restricted to buying a stock or a piece of real estate. It’s more than that. Investing is a thought process where you use money and knowledge strategically to create more money.   This was perplexing for me, at first. I grew up believing that you were a slave to the dollar and money was something that ruled over you.     But one of my teachers, named Gary...

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