Money talks, but in-homes reveal

Money talks, but in-homes reveal

  Money talks, but in-homes reveal   Once upon a time, in land far, far away, Ashley and I bought a property in the township of Villanow — well it feels far away. But it’s really only about a 45-minute drive. Now, if you’re asking yourself where in the world Villanow is, many people share that sentiment when I bring it up.   Villanow is located in Walker County, Georgia…

Don’t let innovation disrupt you

Don’t let innovation disrupt you

Don’t let innovation disrupt you   There’s a really cool book you should check out called “Disrupt You” by Jay Samit. Jay is a serial entrepreneur with a background in media and computer programming.   To define the concept of what a disruption is, Jay tells a personal story about how he failed big-time. He had a computer programming company that was bidding on a state contract to make kiosks…

Running and real estate

Running and real estate

Running and real estate:   I spent most of my childhood growing up in a little town called Hull located in Madison County Georgia — that’s right next to Athens where the UGA main campus is located. I went to Colbert Elementary and then on to Madison County Middle School.   During those years I was involved in sports playing baseball and soccer at the county rec department. In seventh…

Preparing for a market downturn

Preparing for a market downturn

Preparing for a market downturn   I was part of a webinar this morning where the topic was what someone should do in a market downturn like what we’re getting ready to experience. Actually, I’d say we’re already in the downturn. We just haven’t seen how it will manifest itself in the real estate world yet.   During the call, we first talked about things we’re doing differently in our…

It’s a journey

It’s a journey

It’s a journey   I’m often asked by newer investors how long it took for Ashley and me to get out of corporate America. It’s an interesting question, because neither she nor I have ever been part of anything corporate other than the entities we’ve set up. Truthfully, I’ve never had a “real job.” And when I tell people that, I get some rather puzzled looks.   What I really…

How can we structure this deal?

How can we structure this deal?

How can we structure this deal?   In the summer of 2010, I was blessed to have a sure-enough successful husband-and-wife real estate investor team take Ashley and me under their wings. They have a passion for giving and enjoyed teaching aspiring and established investors alike on how to creatively structure deals. Without them, Ashley and I wouldn’t be where we are. That passion lives on today as they travel…

Effective massive action

Effective massive action

Effective massive action   I’m writing this to you at a quarterly business mastermind group. The meeting’s location changes every time, and this quarter, it’s in Nashville Tennessee.   On a recent night after the meeting let out, I needed to go to Kroger to pick up some supplies. My GPS said there were three of these stores equidistant from me. Not being familiar with the area, I just picked…

It came back to bite us

It came back to bite us

It came back to bite us   Having a well-thought-out tenant screening process is essential to your success as a landlord. If you haven’t developed this plan, you should really give it some thought.   Let me walk you through the major parts of our tenant selection process and then show you how not sticking to it resulted in us getting a house back in poor condition for the first…

Prioritize and execute

Prioritize and execute

Prioritize and execute   For the last two weeks, I’ve been on my eighth reading of a book called “Extreme Ownership, How U.S. Navy SEALS Lead and Win” by Jocko Willink and Leif Babin. (Well, technically I’m not reading it. The authors are reading it to me via Audible. But this is the eighth time I have listened to it.)   This book is awesome. The authors, Jocko and Leif,…

How do you measure success?

How do you measure success?

How do you measure success?   I was standing in a store the other day buying materials for a project when I saw a friend I haven’t seen for years. He also happened to be buying things for a project he was working on.   We talked for a while, catching on up on the past. Toward the end I said, “So, you’re still at it” in reference to his…