Shortly after the letter was delivered via Certified USPS mail (signature on delivery), I received a phone call. Although short-lived, I was excited to learn the current occupant was willing to sign a lease. ____________________________________________________________ Back in November I wrote a blog titled My First Tax Deed Purchase and described the situation of an … Continue reading Results from Certified Letter to Unknown Occupant [Letter]
Given that it has been 2+ years since we went through the process of purchasing our primary residence (and the Pensacola real estate market seems to be recovering), I was optimistically hopeful dealing with banks wouldn't be as painful this time around...boy was I wrong! ____________________________________________________________ In AH BANKS! Pardon My French - Part 1 … Continue reading AH BANKS! Pardon My French – Part 2
It could have been that my wife passed the exam on her 1st try and I was convinced I wouldn't - we like to compete! ____________________________________________________________ Many Pensacola RE investors are also licensed Realtors. Being a life student (PMP, MBA, Six Sigma, MCP, BS, etc.), I thought it was only natural for me … Continue reading Should I or Should I Not Get My Real Estate License?
One of the best and simplest home improvement things we've done & for our sanity! ____________________________________________________________ Why we own it: It's inevitable. We pack up to leave, day trip for shopping, the beach, out of town for the weekend, a short trip to the grocery store or to grab a bite to eat...it never fails. … Continue reading Product Review: Kwikset Smartcode 913 Deadbolt
Starting this year I thought reaching $1,000/month in cash flow was out of reach, thought I was shooting high, but early mornings, late nights, and a great team made our goal a reality before I knew it. ____________________________________________________________ Put me in Coach! We started 2016 with only one unit and set out with a goal … Continue reading 2016 Results & 2017 Focus
Hopefully this relationship will continue to build, but playing a key role on the team, I plan to start interviewing additional companies now, identifying that backup option just in case. ____________________________________________________________ Our Pensacola Real Estate investing is focused on buying & holding (B&H) properties for short-term cash flow and long-term wealth building. While the team … Continue reading Successful REI Takes A Team: Our Roster
I received the email no landlord wants to receive. "It's the 11th of the month, Unit A hasn't paid rent yet. Do you want us to start the eviction process?" ____________________________________________________________ Being my first eviction and at times a hard ass, my initial reaction was, rent is due on the 5th, it's the 11th, why … Continue reading My First Eviction Turned Into Greater Cash Flow
If you have a house in the Pensacola, FL or Cantonment, FL area you want to sell, there are plenty of things to consider. One of those is whether you want to owner finance. In some cases you simply won't be allowed to do that, but there are circumstances where it may work for you. … Continue reading Selling Your Home. Can and Should You Owner Finance?
I began my real estate investing career in 2006 with what I like to consider a false start. Flags on the field, back it up 15 yards...or realistically, 5 yrs :). At what we now know was the height of the local market in Birmingham, AL, I purchased a 1950s ranch style SFR with the … Continue reading How I Started Investing in Real Estate
Selling your home to an investor is a relatively straightforward process in most cases. There are basically four types of investors: (1) buy & hold investor, (2) wholesaler, (3) flipper, and (4) the buy/flip/hold investor. In the Pensacola, FL and Cantonment, FL markets we serve, we apply a strategy of buy & hold and buy/flip/hold. … Continue reading Advantages of Selling Your Home to a Real Estate Investor
I have to hand it to my wife. She knows me better than I know myself... ____________________________________________________________ In September 2015 I was convinced to serve on the Board of Directors for my HOA in Pensacola, FL. Before throwing my hat in the ring, I inquired with people whose opinion I value and there are … Continue reading What Serving On My HOA Board is Teaching Me About REI
There are many ways to invest your money and make a profit, and one of the most popular investments is real estate. While it's not for everyone, getting involved in the real estate market in Pensacola and Cantonment has the potential to provide big profits regardless of the investment strategy you choose. ___________________________________________________________ Here … Continue reading 5 Reasons to Invest Your Hard Earned Money into Real Estate
With all this excitement, building & revitalizing, the recent announcement of two larger developments in and near downtown Pensacola has me wondering. Is it too fast? _________________________________________________ About 2 years ago we started seeing new construction, but now it's as if new construction is happening everywhere. From Perdido Key to Gulf Breeze and from Downtown Pensacola to Cantonment. … Continue reading Wahoo @ the Developments in Pensacola!
From my experience, absolutely 100% yes, a Title Search should be performed by a paid professional, every time. Furthermore, at closing, always, always, always purchase title insurance. Title Insurance can save you thousands. For now I want to talk about why I will always pay a professional (lawyer, title search company, etc) to perform a title search. ___________________________________________________ … Continue reading Title Search: Should I Pay a Professional?
As I get older, history seems to provide me with a newfound spark of interest and thankfully Pensacola is full of it. ___________________________________________________________ Recently we took advantage of a warmer weekend and explored the Tarklin Bayou Preserve State Park. Curious about the name Tarkiln, I had to do some research. It is a compound word … Continue reading History of Real Estate: Strolling Down a Trail