Cash Flow With Joe

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Soaking wet with three-day old pants

Soaking wet with three-day old pants

Soaking wet with three-day old pants   I am soaking wet and quite a bit dirty right now. And if truth be told, I have had the same pair of pants on for three days straight. Now that may seem a bit odd, but let me explain. On Tuesday afternoon I got a call from a tenant. She was a little frantic because when she went to go make the baby a bottle, she noticed there was no water pressure on...

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Tracking your rentals

Tracking your rentals

Tracking your rentals   This week we have been neck-deep in QuickBooks working on our numbers in our rental company. The reason for this is we are doing a deep dive on our rentals to see how they’re preforming and also updating our actual metrics from 2023 to better forecast what we need to do for 2024. Now, if you are unfamiliar with the word “metrics” as it applies to rentals, all that...

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A Landlords Tale

A Landlords Tale

A Landlords Tale   ‘Twas the night before Thanksgiving and all through the house, Not a creature was stirring, not even a mouse. Now you know that’s not true, cause children of four have we, And there’s nary a moment of silence, especially in the evening.   At 8 o’clock my daughter was baking cookies for the next day’s feast, And the two littles were roaming the halls making sounds of some...

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Financial Freedom of Religion

Financial Freedom of Religion

Financial Freedom of Religion   We just got back from The Feast of Tabernacles. And if you aren’t familiar with what that is, it’s a biblical holiday where Yahweh commands the children of Israel to dwell in tents for 7 days to remind them of the time they spent in the wilderness. (If you want to check it out in the scriptures, you can find this in Leviticus 23:33-44.) In other words, each...

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Buy-and-hold up, wait a minute

Buy-and-hold up, wait a minute

Buy-and-hold up, wait a minute     Buying and holding good cash flowing properties long term is one of the goals of real estate investing. But do you know how to evaluate a deal to see if it does cash flow? If you don’t, that’s okay. Because today I’m going to show how we run the numbers on a deal to decide if a house has a good enough cashflow to be a rental.   To determine the...

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