Rental Market Q & A
Wednesday, April 20
This is a Question and Answer session I had with the Calhoun Times Editor Brandi Owczarz about what we are seeing in the rental market. It ran in the paper a few weeks back and a friend asked me to post it to the blog. So here you go.Q. What rental “trends” are you seeing right now in NW Georgia…...
Patience
Monday, April 18
Patience:We’re currently flipping a house down in Cartersville and part of the rehab design includes new kitchen cabinets. Now, we don’t normally do cabinets so I didn’t know who to turn to.I got some recommendations for local cabinet makers and got a few bids on the project. After I picked my ja...
Take Time To Be A Dad Today
Monday, April 11
Take Time to Be a Dad:Recently I was riding with an experienced 81-year-old investor. He grew up a poor sharecropper in Mississippi. What he’d learned from his meager beginnings was how to work. I mean, really work. He would pick 300 lbs. of cotton a day. He kidded that he was the slowest out of ...
The Four Jobs of Tenant
Monday, April 04
Rental property that produces a positive cash flow is the Alpha and Omega of real estate investing. To have positive cash flow, you need to have a tenant that pays well. But is that all that you need them to do? The Answer is an emphatic “No”. When we lease up a tenant, we tell them that we’re hi...
The Oldest Recorded Deed
Monday, March 28
As you walk into a deed room, it can feel a little scary.First, you realize you’re in a vault in the depths of your local court house. Second, the thick steel doors that protect the deed room from fire and flood are similar to something from a 1930’s bank heist. You’re sure Bonnie and Clyde are l...
Working on Your Retirement
Monday, March 21
Right now it’s 5:38 a.m. My back, hands and neck hurt, and I’m not the alert morning person I normally am. Straight up: I didn’t get enough sleep. I worked on three different rentals yesterday. It was a full day.Rental No.1:We had a busted pipe. When I got the call, it was 30 minutes till Home De...