Cash Flow With Joe

They think differently than we do

by | May 20, 2019 | Motivational | 0 comments

They think differently than we do


Ashley and I were out knocking the pre-foreclosure doors in Whitfield county yesterday. While we were there, we had an interesting experience that I would like to tell you about.


The first couple of houses we went to were your normal $125-140k house in nice neighborhoods. I say “normal” because that’s the price range that the average person lives in in our area.


The next two houses on the list were, well, different. As we pulled onto the first one’s road the yards looked like what you see on the front of a Better Homes and Gardens magazine. The houses were large with well-manicured lots. When I say large, I mean like 6,000 square feet large.


When we pulled into the driveway of this one, I said an audible “Wow.”  It was beautiful. It was brick, with stonework reminiscent of a villa in the Swiss Alps trimmed with natural wood tones and cedar shakes for accents. It had a three-car garage, a beautiful in-ground pool and the landscaping was amazing. Oh, and there was a two-story pool/ guest house at the rear of the property built to match.


As we walked to the door, I felt a twinge run up my spine that I couldn’t quit place. Then it dawned on me, I was intimidated. But I knocked on the door and waited for the answer.


No one was home.


The next house was very similar in the way the yard was kept, even though it looked as if someone was moving out. It was a two-story plantation-style house on a hill that put me in the mind of something from “Gone with the Wind” – and it was massive.


It had top and bottom covered porches, held by craftsman style cream colored columns, on the front that appeared to have more square footage than my entire house. The lap siding was also cream colored with pastel blue shutters and flower boxes around and under each window.


As we walked to the door, Ashley said that we should just go. When I asked her why, she indicated that she was intimidated as well. You see this house had a mortgage on it from 2013 for $770,000. That means it was very close to a million-dollar home in today’s market. That’s not your “normal” house.


Now, we’ve been in houses that big before, but I can’t say that we have ever spent the night or even eaten a meal in one. I guess that’s what made it feel a little “bigger” than us, hence the intimidated feeling. But we did the hard thing and knocked on the door.


As it turns out, this house was being vacated and there was no one at home.


We got back in the car and headed to the next stop on the list. As we did, I asked Ashley why she thought these two houses had intimidated us so. She said, “I don’t know. The people that live there are, well, different. You know, they think differently than us.”


She was right. Those people do think differently than we do.


You see, both of these owners had decided to take close to $800,000 and tie it up into one big house that they intended to use, and pay for, themselves. And since we were there because the house was in foreclosure, that strategy hadn’t seem to work so well for them.


Me and Ashely, on the other hand, think it’s a better idea to take that same $800,000 and buy many houses with it. We think you should let others live in them and pay for them via rent. And once those houses are paid off, we will have well over a million dollars in appreciable assets that generates over six figures in passive income annually.


I guess sometimes think differently is good. What do you think?


Joe and Ashley English buy houses and mobile homes in Northwest Georgia. For more information or to ask a question, go to or call Joe at 678-986-6813.

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