Landlording: call of doody
Tuesday, May 30
This has been the year of the septic system. So far we’ve put in three sets of field lines and had to learn what not to do on a lower pressure drip system. (After owning one for four years, we learned they have a filter that was supposed to be cleaned every six months. Not doing so overpressurize...
Trip down REI memory lane
Tuesday, May 23
Ashley and I took the long way home over Dug Gap Mountain to Villanow and then home through Sugar Valley after a recent date night in Dalton. This route is very familiar to us since Ashley grew up in Villanow and that’s where we started our life together. Since the kids were with Memaw and Poppy,...
What's in your head?
Monday, May 15
I’ve been listening to a phenomenal book called “Mastering the Attitude of Achievement,” by Lou Tice. I’ve got to tell you, I wish I’d found this years ago.Lou is a motivational speaker, high school teacher and football coach. One of the main points in this book is that the pictures that we formu...
A subject-to deal is better than a short sale
Monday, May 08
Ashley and I recently came across a listing with “possible short sale” in the title. If you don’t know, a short sale occurs when a bank agrees to accept less than what the borrower owes on their mortgage when the property sells. This listing was intriguing to us since we haven’t seen any short sa...
Why you should rent to own.
Sunday, April 30
It’s my opinion that in today’s market, landlords should be offering all their rentals as rent-to-own. In this deal structure, a tenant buys the right to purchase the landlords property, for a predetermined price and time frame, all while renting the house. It’s also called a lease option.So what...
A day in the life of an investor
Monday, April 24
I’m often asked when talking to aspiring real estate investors what a “full timer’s” daily schedule consists of. So far my reply has not been that we push computer buttons for 10 minutes each day, in order to make a bazillion dollars a day while enjoying umbrella drinks on exotic beaches. I say t...