Fixer Jay's Mom & Pop Millionaire Blog

Making money with real estate anytime, anywhere

BUILDIN’ YOUR MONEY MACHINE

3188 ABCs SELLER FIN COVERWhen you own the houses, you have your own personal money machine!  Obvi­ously, you must maintain the property and provide the necessary management.  But, in exchange for doing that, you control the money.  It’s yours to spend… Continue reading

LANDLORDING IS KEY TO LONG TERM WEALTH

landlording key to wealthMany small mom and pop type investors give up the opportunity to make a ton of money and have a wonderful free come and-go lifestyle simply because they never see the importance of learning to be a skilled landlord. … Continue reading

CASH FLOW IS MY FIRST PRIORTY

My Priorities_1.  Cash Flow2. Cash-1 (2) bestI have been sucked in on future value higher potential and pride of ownership many times but I learned my hardest lessons early in my career before I lost the ranch.  If your goals are investing for current income… Continue reading

FIX-UP; MAKING MONEY IS THE GOAL

444444444444fix up goal is_-1 (2)What ever you do, don’t play house with your fix-up plans and don’t spend more than 10 percent over your original cost estimate.  Both of these “don’ts” are not the easiest advice to follow.  Don’t expect to get… Continue reading

FIXIN’ FOR PROFITS IS NOT REMODELING

fixin' for_profitsremodeling-1 (2)Let me spell this out up front.  If you are under the false illusion that you can make any serious money fixing houses that don’t have anything wrong with them, forget it!  People don’t sell fixer houses at… Continue reading

GIVING BEST VALUE TO RENTER

value (2)Every landlord should know and understand landlord – tenant laws in his own state and local area.  Equally important, you should know the rules concerning habitability.  Habitable means your house is safe and legal to rent out!  … Continue reading

COMPOUNDING BUILDS WEALTH FASTER

the smart way to wealthBuying properties to fix up and sell for quick turn-over profits might seem like a good idea.  But, it does not lend itself to building the lasting kind of wealth most investors are seeking.  The reason is that… Continue reading

KEEPING PROPERTIES IS KEY TO WEALTH

KEEP FOR WEALTHBuying real estate is easy, but becoming financially independent doing it is another story!  To begin with, many wanna-be investors simply don’t understand where profits come from and what must be done to produce them.  Many are of… Continue reading

AVOID BEING A SLUMLORD

FOR RENT BY SLUMLORDIn pro-tenant states like mine (California), there are severe penalties for what they call “slum landlording”.  Slumlords are owners who milk the rent monies from their proper­ties but never contribute a nickel for upkeep.  This is a very… Continue reading

A PLAN WITH LESS RISK

tandem-skydivers-603631_150I decided to buy older houses and small apartments that needed fixing up.  My rea­soning was: I can do much of the work myself.  Plus, I can buy them for much less cash down because there are fewer… Continue reading


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