From the category archives:

Building the Business

Hiring an Employee

January 7, 2009

As I mentioned yesterday, it’s time for me to convert my contractor to a full time employee. I decided to devote the full day to focusing on that task, expecting it to be a long, complicated process. While there are a number of things that must be done when hiring, it’s not as complicated and […]

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Starting the Marketing Plan

December 8, 2008

My wife and I sat down late last week to start putting together a Marketing Plan for our business (Lish Properties). We spent several hours brainstorming, and then I took our long list of brainstorm ideas and organized them into logical marketing components. For the most part, the bulk of our marketing efforts will likely […]

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Finding the Buyer First

November 24, 2008

My wife’s tremendous marketing ability has led us to a potentially new business model that may help us grow our business. After selling The Yellow Stain House last week, we had at least one (and probably many more) real estate agents that were a bit bummed because they had clients that very much wanted move-in-ready […]

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Real Estate License!

November 8, 2008

My wife got her real estate license last week! It took about 150 hours of study, a crash refresher course, and then two exams, but she did it, and with flying colors (whatever that means). In Georgia (and probably everywhere else), having your real estate license doesn’t mean anything until you find a real estate […]

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A New Team Member

September 3, 2008

I mentioned in a previous post that The Bulge House had an upcoming tenant, and that the tenant was a member of my family. The rest of the story is that my brother will be moving down to Atlanta from Baltimore (with his girlfriend), will be renting The Bulge House, and will be consulting for […]

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Pro or No?

September 2, 2008

One of the decisions I need to make this year is whether or not I plan to file taxes as a “Real Estate Professional.” For those not familiar, let me take a minute to explain the advantages of claiming professional status: If you invest in real estate part time (not a professional), you may be […]

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All About Paint (and Systems)

August 28, 2008

This post is about paint. It’s also about the need to create systems to streamline my business (remember my business philosophy?). Yes, both of those are boring subjects, but they are important topics to address while trying to systematize my investing business to the point where I can manage several (i.e., more than 5) rehabs […]

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Building Business Credit

August 21, 2008

I’ve been meaning to write this post for a little while, and a comment on a previous post reminded me that it’s probably about time. I know a lot of business owners think that over the course of their business life, they will naturally build credit, and a lot of business owners are probably spread […]

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Lots to Do

August 15, 2008

I don’t have much to write about today…everything is going as smoothly as I could hope on my first three houses (though two haven’t closed yet, so things can’t be THAT bad). But, I’m finally starting to realize how having multiple properties underway simultaneously (especially when they are in different steps of the process) can […]

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Update for 8/1/08

August 1, 2008

I’ve had the busiest work week in recent memory this week (even compared to back in the corporate world). Things have been crazy, but in a good way. Here are some updates: 1. I met with a number of GCs this week to get bids on the Corn House rehab. I expect to have four […]

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