Archive
The rental market is changing I’ve written to you recently about how the resale market is changing, but after doing some research this week, the rental market is changing, too. Let me tell you about it. This all started when I was talking to my friend and mentor, Bill Cook. He was up in Bartow County from his home in Florida because he had at least three rental properties that needed to...
An Offer You Can’t Refuse In Stephen Covey’s well-known book, The Seven Habits of Highly Effective People, he talks about one habit that’s especially important for this time of year. Today, I want to explain why you need to be implementing that habit right now. The habit I’m referring to is known in the book as “Habit 2,” and it simply says, “Begin with the end in mind.” The way I...
The cheese is moving. Are you? I’ve been having some interesting conversations with investors, agents and even appraisers about our current market. And I’d like to tell you some things I’ve gleaned from those talks. But before we get there, I want to remind you about a book I told you about in a column titled “My cheese moved … again” from 2024. Here’s an excerpt from it: “Today...
Time is money? My first experience with a real estate investor came from working for one in Atlanta. His name was Andy, and two of my friends and I were the guys that did almost everything on Andy’s rehabs. The year was 2008, and the way my friends and I found ourselves working on both Andys flip and rental rehabs in the metro area was that we were part of the same construction...
You can be a broke millionaire That title may sound counter intuitive because how in the world could you be a millionaire and be broke, right? Well, today I’d like to tell you a story about a good friend of mine and explain how those two things can be possible. Before we get started, I want to say I have permission to share this story with you because it has a really good lesson...