Investors make decisions a lot

Investors make decisions a lot

Investors make decisions a lot   Most entrepreneurs have to make a lot of decisions daily. For real estate investors, those decisions can range from tenant selection to tile selection, and everything in between.   Being able to make those decisions quickly and effectively plays an important role in your success. So today, I’d like to talk to you about three different methods I have learned to help make decisions…

FOCUS like a lion

FOCUS like a lion

FOCUS like a lion   Ashley and I just got back from a mastermind meeting in Dallas, Texas. It was made up of real estate investors from all over the U.S. who are seeking to build better businesses by developing their systems and processes. Ya’ll, it was phenomenal!     Each investor gaves a 15-minute presentation where they told a little about themselves and their company. Next, they told the…

Believe

Believe

Believe   There was recently an all-day Star Warsathone on TNT. Google says it takes at least 15 hours to watch all seven movies. I wasn’t prepared to spend 15 hours in front of the TV, but periodically, I’d switch it on to see what the Skywalkers were up to.     I found one scene during “The Empire Strikes Back” very insightful for this time of year. It was…

Do your tenants meet your core values?

Do your tenants meet your core values?

Do your tenants meet your core values?   We recently welcomed a business consultant by the name of Gary Harper into our office. Gary is with Sharper Business Solutions, and He and his wonder wife Susan, helped us with a number of things ranging from writing out a vision for our company to properly defining all of our departments. They also helped us set up an accountability chart for those…

How we did our first deal

Lonnie Deals in Action

How we did our first deal   When Ashley and I realized we needed to make our living as real estate investors, it was 2009. We were freshly married, just out of college and didn’t have two nickels to rub together. To put it bluntly, we were completely broke.   On top of not being able to find jobs that fit with our bachelor’s degrees, we had a mound of…

Think hard before killing your goose

Think hard before killing your goose

Think hard before killing your goose   I’d like to tell you about one of Aesop’s Fables. It is one called “The Goose and the Golden Egg.” It’s a great story and it goes something like this:   There once was a farmer who had a goose he visited every day. One morning, he went to see the goose and noticed it had a glittery, golden egg laying in its…

Overcoming obscurity

Overcoming obscurity

Overcoming obscurity   I will never forget that day. I was at a function at my congregation and Britt, one of my friends there, pointed over to my truck and asked who it belonged to. The truck had a “We Buy Houses” wrap on the tailgate, and Britt had never seen the vehicle before because we normally show up to functions like these in Ashley’s van.     When I…

Mental quicksand

Mental quicksand

  So, I had an epic fail this week … in front of everybody.   We have a praise day at my congregation a couple of times a year. The praise offerings range from the reading of psalms and other verses that have spoken to the reader to recitations of poems — and then, of course, music.   I had planned to sing and play a special song on my…

Abraham: father of many nations, rockstar negotiator

Abraham: father of many nations, rockstar negotiator

  I recently read a book called “Negotiate This! By Caring, But Not T-H-A-T Much.” I really liked the author Herb Cohen. Not only is he funny, but he has some impressive negotiating credentials, like being hired to successfully negotiate a hostage crisis for the White House.   This book has a lot of great suggestions. In one section, Herb uses a biblical example to illustrate some key negotiation tactics….

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…