Just get it in writing

Just get it in writing

Just get it in writing   I met with a seller recently who had a beautiful house in the Sonoraville area of Gordon County. When I say beautiful, I mean it. This house was immaculately kept and well maintained.   The seller was getting ready to move into an assisted living faculty and needed top dollar to provide for those accommodations for the remainder of her life.   Realizing she…

It’s a family business

It’s a family business

It’s a family business   I’ve got something on my heart that I really want to talk to you about. It has to do with a statistic I heard at a recent seminar. I heard that real estate investors, and entrepreneurs in general, get divorced from their spouses at a rate of 35%.   That means at least one out of every three people I see at a seminar is…

Don’t get so busy you forget what you’re doing

Don’t get so busy you forget what you’re doing

Don’t get so busy you forget what you’re doing   I got to do something I haven’t done in a long time the other day. I got to spend some one-on-one time with the guy who taught me most of what I know about real estate investing. His name is Bill Cook.     The reason this was a rare opportunity for me is because Bill and his lovely wife,…

Why do an in-home interview?

Why do an in-home interview?

Why do an in-home interview?   We have three properties on market right now for rent, and the quality and amount of applications coming in is great. This is a stark difference from the craziness we experienced in late fall of last year. Then, we had 200 applications submitted for just one property. And of those, only 20 percent were filled out completely, but most of the applicants didn’t meet…

Evaluating a big fat juicy deal

Evaluating a big fat juicy deal

Evaluating a big fat juicy deal   How many of you romance the idea of getting that big juicy deal that nets you $75,000 or more in profit? I know I do.     Logic dictates that in order to get bigger profits like this, you’re going to need to work with houses at higher price points. Right?   Well, it just so happened that we got a call last…

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…