He’s a developer and home builder by day and a SuperHero by design. You’ll meet him in a minute. Ace Hagerty is a structural engineer in Nashville, TN who is now buying raw land and building new homes and building new AirBnB rental units. He experienced a life-changing event on a men’s retreat and has a challenge for you today. He’s written a book about it, called “SuperHero By Design.” We are going to unpack some of it and tell you how you can get a copy.

Flipping America 605, SuperHero By Design

Phillip Vincent

In my way of thinking, perhaps the best thing you can do for a living is to make a living while also making things better for others. This often happens for us as real estate investors, providing real solutions to deep problems. This is illustrated perfectly today in my conversation with Phillip Vincent. Phillip Vincent is a Senior Transition Specialist and right away some of you are thinking, “what does that have to do with real estate investing?” Just hang in there and you’ll see. Phillip provides a range of services for seniors and their adult children who are adjusting to the necessity of moving into assisted living. One of their many services often includes buying the senior’s house.

Flipping America 604, Mom's House, with Phillip Vincent

When I saw the title, “World’s Greatest Real Estate Deal Analysis Spreadsheet” I was immediately intrigued. I happen to think mine is pretty good. Then I downloaded and looked it over. And wow. I might just have to agree. So I found the guy who wrote it and I’m going to talk to him today. James Orr is a real estate investor and broker who resides in Loveland, Colorado. He has been married to Tammy for 27 years and has two grown children, JC and Tim. He has created several thinking tools for real estate investors and designed The World’s Greatest Real Estate Deal Analysis Spreadsheet™ (a free download). Since 2017, James has been developing the Real Estate Financial Planner™ software. This software models various real estate investing strategies and compares their performance in terms of speed to financial independence, net worth, and various risk measurements. James has modeled a variety of real estate investing strategies for over 300 US cities. He creates lessons daily and posts them on his Substack feed and in a few minutes I’ll tell you exactly how to find him online. Because you’re going to want to. I found him on Substack and knew right away I had to track him down and get him on this show.

Flipping America 603, The World's Greatest Analytical Spreadsheet

Life is full of choices. One of them is to make enough in real estate investing to quit your day job, let your wife quit her day job, live off of the passive income and travel somewhere monthly. Yes my friends, that IS one of your possible choices. My guest today, Jesse LeBlanc did just that. And we are going to talk about it in just a couple of minutes. Jesse is the founder of Wholesalers Transactional Funding, Exigo Management &amp; Wholesalers KPI. He’s been a full time Real Estate Investor. Before that he was a Police Officer for DeKalb County in the Atlanta area. And before that he was what he calls a Corporate Dropout as a Marketing Analyst and a Financial Analyst. He retired his wife from her W2 jobs at the start of 2022, giving them time to travel at least once a month while Jesse continues building his rental portfolio and doing Transactional Lending. He focuses more of his time these days on Transactional Lending for wholesalers who need lending for their double closings. He lends to wholesalers nationwide. He also has referrals for private lenders if the wholesaler is looking to "wholetail" a deal vs double close. You can choose a job where the most challenging thing you’ll have to do all day is calculate how much change to give a person when the cash register breaks down. Or you can choose to work 60-70 hours a week for a chance to be recognized in a big corporation and maybe get ahead. Or you can choose - well virtually anything if you live in the USA. But you can ALSO choose to pursue a well established course to financial freedom and live the life that most people only dream of. This life is possible for every person listening to my voice. It’s NOT possible for every person - some just don’t have what it takes. But if you are motivated enough to listen to this and smart enough to find it, you have what it takes. Listen to my conversation with this amazing friend and know that you can do it too.

Flipping America 602, Choose Wealth

Our guest today is living proof that you can invest in real estate as a side hustle without ever giving up your day job. David holds a Bachelors degree in Finance and a Master’s in Business Administration from Liberty University and is a veteran of the Army National Guard. David has personally invested in real estate since 2015 and now owns and manages a multi-million-dollar real estate portfolio. He primarily focuses on deal analysis to ensure all deals are smart, safe, and sound investments.He says his success is due to buying highly discounted properties and adding value to these properties through forced appreciation. He’s married to Hanna, and have been together since high school in 2007. Together they have 3 children and currently reside in Chesterfield, Virginia.

Flipping America 601, The Real Estate Side Hustle

John Durham

It’s a bit of a milestone today - this is episode 600 of the Flipping America show. For this episode I’m bringing back John Durham who first appeared on Episode 3. John is one of the top realtors in Atlanta and has sold something more than 400 houses for me over the years. Along the way we have become good friends and I’ve had the privilege of watching his real estate career take off. John Durham is the type of guy who was just going to succeed at whatever he chose to do. He has a keen intellect, a knack for authentic salesmanship, a winsome personality, and a keen insight into people. He has a way of making everyone in the room comfortable. Just one of those cool guys we all want to hang with. It’s truly an honor to call him a friend.

Flipping America 600, John Durham

Matt Shields

Can you do more than one thing? Of course you can, even if you are a man! My guest today is a true entrepreneur - with a technology company, multiple real estate investments, and his own podcast. In just a few minutes, you will meet Matt Shields and I think you’ll want to hear his story. Matt has always had a passion for innovation and transformation. Over the past 14+ years, he’s been on a one-man quest to revolutionize the way businesses operate by implementing cutting- edge software solutions and digital transformation processes. This led to the creation of Virtus Technology - a company dedicated to helping businesses grow and thrive through innovative technology and expert guidance. With his expertise, Matt has been able to help countless businesses increase their impact and streamline their operations. He’s worked with tech startups, mom-and-pop shops, healthcare providers, and real estate moguls - and he’s always focused on making a positive impact on the lives of their employees, customers, and stakeholders. But Matt’s vision and passion go beyond just helping businesses. He’s also a multi-faceted entrepreneur with a big vision for helping people. Through his multifamily real estate investing business and various mastermind event programs, he’s bringing together like-minded individuals who share his vision and passion for making a difference. Whether you’re a business owner looking to increase your impact, an investor with a desire to make a difference, or someone looking to learn from an expert in digital transformation processes, Matt Shields is the partner you need. With his knowledge, experience, and passion, he can help you transform your business and make a lasting impact on the world.

Flipping America 599, Invest in Square Feet, with Matt Shields

David Pupo

When you make more than one offer to a seller you increase your chances of getting one accepted. Today we are talking about the triple offer. In 2016, David Pupo left the corporate world, saved 3 months of expenses and bet on himself to pursue his passion for entrepreneurship and real estate. He and his team have sold over 300 properties while simultaneously building a portfolio of rentals. But this was not accomplished without adversity caused by inexperience and poor decisions made along the way. David is passionate about continued education and creating solutions. This allows him to help other investors avoid rookie mistakes and accelerate their success toward creating an efficient and profitable business.

Flipping America 598, The Triple Offer, with David Pupo

Never trust the Zestimate. But maybe trust the Canary. The House Canary. Could we finally be getting automated valuations that we can trust? Let’s find out, today on Flipping America. People will sometimes ask me for my top 3 or 5 pieces of advice on becoming a real estate investor. Somewhere in the top 5 is this one crucial piece of advice. “Never trust the Zestimate.” But after today, it might also include, “Do trust the Canary…” Is there an Automated Valuation Model that works? Let’s find out - today on Flipping America. Brandon Lwowski from House Canary joins us today to talk about their AVM, what sets it apart, and what makes their valuations something we can rely on.

Flipping America 596, Automated Valuations with House Canary

Lou Brown

Today we feature one of the great rags to riches stories in real estate. My guest today lived in poverty with his mom but watched his neighbors buy rentals and lift themselves up. In his late teens he bought his first property and never looked back. Lou Brown is one of the best known names in real estate investing. Shortly after this show launched in 2017 I heard Lou speak at a convention in Miami. As he spoke about providing affordable housing, lifting people out of poverty and into home ownership, I heard more than his words. I heard his heart. I said to myself, “someday I’m going to have him on my show.” That day is today my friends. Lou is a bestselling author of Buy, Hold and Sell Book, speaker, and philanthropist with students in all 50 states and many foreign countries whose nickname is the ‘King of Cash flow.’

Flipping America 595, Lou Brown, The King of Cash Flow

We teach you how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&amp;A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career. We don't just talk about flipping houses. We talk about single family rentals, multi-family rentals, apartments, mobile home communities, commercial and industrial space, hotels and motels, golf courses, and raw land. We cover the entire gamut of real estate asset classes. We also discuss strategies for cash flow, acquisition, and property disposition. These include hard money, private money, creative deal structures, mortgage wraps, wholesaling, contract assignments, lease options, lease sandwiches, and more. Learn how to start with nothing and work your way to millions. Find deep satisfaction in meaningful work that meets not only your income goals, but the needs of the community and your buyers.

I’ve been listening for a few weeks now, and I am impressed! Great well rounded show with bits of info in so many areas of real estate and beyond. Thanks Roger!

Great info and well rounded

Roger is one of those people who speaks the truth, even if it’s not what people want to hear. He’s a wealth of knowledge. You’ll learn something you can apply to your business, right away, from each and every episode.

A must listen podcast for every real estate investor

We teach you how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&amp;A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career. We don't just talk about flipping houses. We talk about single family rentals, multi-family rentals, apartments, mobile home communities, commercial and industrial space, hotels and motels, golf courses, and raw land. We cover the entire gamut of real estate asset classes. We also discuss strategies for cash flow, acquisition, and property disposition. These include hard money, private money, creative deal structures, mortgage wraps, wholesaling, contract assignments, lease options, lease sandwiches, and more. Learn how to start with nothing and work your way to millions. Find deep satisfaction in meaningful work that meets not only your income goals, but the needs of the community and your buyers.

Flipping America

I was asked about three years ago if vacation rentals were a good idea and my answer was based on the numbers at the time. My answer was “only if you want a vacation home and want a little help defraying some of the expenses.” I did not believe it to be a money-maker. That all changed - probably within the next 18 months as short-term rental sites such as VRBO, HomeAway and AirBnB took over. AirBnB dominates this industry and provides an interesting alternative for travelers while at the same time represents significant earning potential for the owners and operators.    The growth of AirBnB and in fact this entire industry has been phenomenal and it seems that the company founders have handled this explosion with a good plan, solid management, and responsive leadership.    But it hasn’t been and isn’t going to be problem free. Some of the neighbors to these properties have begun expressing concern, filing complaints with governing bodies, and even worked to get an outright ban on the short-term rental industry. This poses some interesting legal questions in terms of private property rights and has set the stage for battles that may take years to resolve.    Short term owners are uniting to fight back. Joining me today are Pat Odell, Executive Director of STROAGA, the Short Term Rental Owners Association of Georgia and one of her Board members, Rich Munroe, who was on the show recently. This group was formed to be an advocacy group seeking balance, reason, and respect for property rights in defense of the short term rental industry. They will join us shortly.    I have some questions stacked up to answer and we are going to get to some of them today as well.  How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Guest: Pat Odell and Rich Munroe STROAGA.org edstroag@gmail.com Lawsuit mentioned: May vs Morgan Matt Dollar Cobb County GA   Announcements:  Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News: Your Questions: Send emails to questions@rogerblankenship.com  Alana, Phoenix, AZ, “I have a property under contract and with three days to go until closing my seller notified me that they are cancelling the agreement and going with another offer. Can they do that?”  Alison, Milwaukee, WI, “What do you look for in a Property Management company?”   Character and reputation Not necessarily the lowest fees, but not more than 10% either.  Do they have in-house repair crew? (that’s a no-go) Will they give me the option to make repairs with my crew? (ok then) What is their reporting procedure? How do they handle late payments? What happens when they evict?   They handle the eviction. If in the first 12 months, do they offer a break or discount on placement fee of new tenant? (kind of important)   We have sent you our free guide to hiring Property Management.   Garrett, Boulder, CO, “I think my property is priced correctly but it’s not showing. What could I be doing to market it better?” Utembe, Minneapolis, MN, “Can you put me on your VIP buyers’ list for the inexpensive houses?” (I need you to go to bit.ly/inexpensivehomes and click the link there. That will put you on the list.) Serena, Jacksonville, FL, “I’m about to buy a property to put into AirBnB service. I am concerned about the future with all of the legal issues coming up. What would you do in this situation?” Rashidi, Marietta, OH, “I am looking at an older house to buy and got ahold of the survey. The house appears to be sitting about 8 feet in front of the setback line from the street. I look up and down the street and this house is no closer to the street than any of the others. How can the survey be correct? And if I buy this property will I have to tear it down or will I be allowed to expand it. I was going to take the roof off, put on a second floor.”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day     “I will love the light for it shows me the way, yet I will endure the darkness because it shows me the stars.” - Og Mandino  

I was asked about three years ago if vacation rentals were a good idea and my answer was based on the numbers at the time. My answer was “only if you want a vacation home and want a little help defraying some of the expenses.” I did not believe it to be a money-maker. That all changed - probably within the next 18 months as short-term rental sites such as VRBO, HomeAway and AirBnB took over. AirBnB dominates this industry and provides an interesting alternative for travelers while at the same time represents significant earning potential for the owners and operators.  The growth of AirBnB and in fact this entire industry has been phenomenal and it seems that the company founders have handled this explosion with a good plan, solid management, and responsive leadership.  But it hasn’t been and isn’t going to be problem free. Some of the neighbors to these properties have begun expressing concern, filing complaints with governing bodies, and even worked to get an outright ban on the short-term rental industry. This poses some interesting legal questions in terms of private property rights and has set the stage for battles that may take years to resolve.  Short term owners are uniting to fight back. Joining me today are Pat Odell, Executive Director of STROAGA, the Short Term Rental Owners Association of Georgia and one of her Board members, Rich Munroe, who was on the show recently. This group was formed to be an advocacy group seeking balance, reason, and respect for property rights in defense of the short term rental industry. They will join us shortly.  I have some questions stacked up to answer and we are going to get to some of them today as well.  How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Guest: Pat Odell and Rich Munroe <a href="http://STROAGA.org" rel="nofollow" target="_blank">STROAGA.org</a> <a href="mailto:edstroag@gmail.com">edstroag@gmail.com</a> Lawsuit mentioned: May vs Morgan Matt Dollar Cobb County GA   Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>My latest article in Forbes is out. <a href="http://bit.ly/findredeals" rel="nofollow" target="_blank">bit.ly/findredeals</a>.</li> <li>The FAN is here!</li> <li>Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: Your Questions: Send emails to questions@rogerblankenship.com <ul> <li>Alana, Phoenix, AZ, “I have a property under contract and with three days to go until closing my seller notified me that they are cancelling the agreement and going with another offer. Can they do that?” </li> <li>Alison, Milwaukee, WI, “What do you look for in a Property Management company?”</li> <li> <ul> <li>Character and reputation</li> <li>Not necessarily the lowest fees, but not more than 10% either. </li> <li>Do they have in-house repair crew? (that’s a no-go)</li> <li>Will they give me the option to make repairs with my crew? (ok then)</li> <li>What is their reporting procedure?</li> <li>How do they handle late payments?</li> <li>What happens when they evict?</li> <li> <ul> <li>They handle the eviction.</li> <li>If in the first 12 months, do they offer a break or discount on placement fee of new tenant? (kind of important)</li> </ul> </li> <li>We have sent you our free guide to hiring Property Management.</li> </ul> </li> <li>Garrett, Boulder, CO, “I think my property is priced correctly but it’s not showing. What could I be doing to market it better?”</li> <li>Utembe, Minneapolis, MN, “Can you put me on your VIP buyers’ list for the inexpensive houses?” (I need you to go to <a href="http://bit.ly/inexpensivehomes" rel="nofollow" target="_blank">bit.ly/inexpensivehomes</a> and click the link there. That will put you on the list.)</li> <li>Serena, Jacksonville, FL, “I’m about to buy a property to put into AirBnB service. I am concerned about the future with all of the legal issues coming up. What would you do in this situation?”</li> <li>Rashidi, Marietta, OH, “I am looking at an older house to buy and got ahold of the survey. The house appears to be sitting about 8 feet in front of the setback line from the street. I look up and down the street and this house is no closer to the street than any of the others. How can the survey be correct? And if I buy this property will I have to tear it down or will I be allowed to expand it. I was going to take the roof off, put on a second floor.”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day <ul> <li> “I will love the light for it shows me the way, yet I will endure the darkness because it shows me the stars.” - Og Mandino </li> </ul>

FAR 272 Air BnB Under Fire

Jay Connor

FAR 058 Expected Air Date: 8/24/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 23-24. Join my special guests:  EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Banks Brazell, ReBuild Co, a leading home builder and remodeler in the Southeastern US. Roger Herring, Founder of Investors’ Accounting. Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. And of course, me, the Flipping America guy, Roger Blankenship. I’ve made my career in real estate investing primarily by doing it rather than talking about it. I’ve flipped hundreds of houses and I’m going to show you how to do it. I have a few techniques no one else uses or teaches, but I’m going to share them with you. Why?  Because we are going to tell you how to get started Flipping Houses and building wealth. It’s not just owning a business, it’s owning a wealth generation machine that will not only provide for you, but be a blessing to your children and grandchildren. And that’s not all, when you purchase your ticket for only $97 for this two day event, my good friend Jay Conner is going to invite you to HIS event in October at no additional charge. That’s right, two multi-day real estate training events for one low price. Sign up now at FlipStarterEvent.com. What you need to know to jump on one of the best business opportunities in America. Protecting Your Assets News:    Capital sources are shying away from one segment of the real estate market.. (Retail) How are global economic issues affecting RE values in port cities? Coming soon to a listing near you: 3D video walkthroughs. China has introduced a new round of restrictions on capital leaving the country.  - prob no effect. The Top Five cities for Chinese Investment in RE: Los Angeles, Miami, NY, San Fran, Boston First sign of the slowing in RE. One major American city had slower sales in July than a year ago - which one? Atlanta! Down 6.3% from a year ago. Watch your local inventory - 3 months supply is an average market. Ashley from Denver, CO: “What would be the signs that the real estate market is beginning to cool off?”    Watch Days on Market avg. (less than 30 is sellers’ market) OR   Watch absorption rate (above 20% is sellers’ market) OR   How many months of supply? (less than 3 months is sellers’ market).     You can ask a realtor in your area any one of these questions and you’ll get a pretty good idea. The key is to ask the same realtor the same question 3 months in a row so you can track a trend.    Emails: Questions@flippingamericaradio.com Tell us where you’re from!  Sean from Boulder, CO: I have some rental properties in Alabama and Georgia. I’ve been told that one of the houses has termites and I need to get it treated. They want $1500 and have some sort of system and seems like a baiting type thing. I am not familiar with it, but I did look it up on the internet. I thought I’d check with someone who may have some experience with this issue before deciding what to do. Jenni from Lancaster PA: Enjoyed listening to Mr. Brazell. Where did you find him and where could I go to find someone like him? Donna from Pittsburgh PA: I bought a rental house in suburban Birmingham. The house is on a septic tank. I’m unfamiliar with this system so I read about it on the internet. Is it true that I need to have someone pump the tank every year? It seems like everyone saying that is also in the pumping business, so I’m suspicious.  Interview Guest: Jay Conner

FAR 058 Expected Air Date: 8/24/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 23-24. Join my special guests: <ul> <li>EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts.</li> <li>Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire.</li> <li>Jay Conner. America’s private money authority</li> <li>Bruce Mack. Founder of Platinum Finance</li> <li>Banks Brazell, ReBuild Co, a leading home builder and remodeler in the Southeastern US.</li> <li>Roger Herring, Founder of Investors’ Accounting.</li> <li>Karen Anderson, Digital Marketing and List Consultant</li> <li>Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income.</li> <li>And of course, me, the Flipping America guy, Roger Blankenship. I’ve made my career in real estate investing primarily by doing it rather than talking about it. I’ve flipped hundreds of houses and I’m going to show you how to do it. I have a few techniques no one else uses or teaches, but I’m going to share them with you. Why?</li> </ul> Because we are going to tell you how to get started Flipping Houses and building wealth. It’s not just owning a business, it’s owning a wealth generation machine that will not only provide for you, but be a blessing to your children and grandchildren. And that’s not all, when you purchase your ticket for only $97 for this two day event, my good friend Jay Conner is going to invite you to HIS event in October at no additional charge. That’s right, two multi-day real estate training events for one low price. Sign up now at <a href="http://FlipStarterEvent.com" rel="nofollow" target="_blank">FlipStarterEvent.com</a>. What you need to know to jump on one of the best business opportunities in America. Protecting Your Assets News: <ul> <li> <ul> <li>Capital sources are shying away from one segment of the real estate market.. (Retail)</li> <li>How are global economic issues affecting RE values in port cities?</li> <li>Coming soon to a listing near you: 3D video walkthroughs.</li> <li>China has introduced a new round of restrictions on capital leaving the country.  - prob no effect.</li> <li>The Top Five cities for Chinese Investment in RE: Los Angeles, Miami, NY, San Fran, Boston</li> <li>First sign of the slowing in RE. One major American city had slower sales in July than a year ago - which one? Atlanta! Down 6.3% from a year ago. Watch your local inventory - 3 months supply is an average market. Ashley from Denver, CO: “What would be the signs that the real estate market is beginning to cool off?”</li> </ul> </li> </ul><ul> <li>Watch Days on Market avg. (less than 30 is sellers’ market) OR</li> </ul> <ul> <li>Watch absorption rate (above 20% is sellers’ market) OR</li> </ul> <ul> <li>How many months of supply? (less than 3 months is sellers’ market).</li> </ul> <ul> <li>  You can ask a realtor in your area any one of these questions and you’ll get a pretty good idea. The key is to ask the same realtor the same question 3 months in a row so you can track a trend.</li> </ul>   Emails: <a href="mailto:Questions@flippingamericaradio.com">Questions@flippingamericaradio.com</a> Tell us where you’re from! <ul> <li>Sean from Boulder, CO: I have some rental properties in Alabama and Georgia. I’ve been told that one of the houses has termites and I need to get it treated. They want $1500 and have some sort of system and seems like a baiting type thing. I am not familiar with it, but I did look it up on the internet. I thought I’d check with someone who may have some experience with this issue before deciding what to do.</li> <li>Jenni from Lancaster PA: Enjoyed listening to Mr. Brazell. Where did you find him and where could I go to find someone like him?</li> <li>Donna from Pittsburgh PA: I bought a rental house in suburban Birmingham. The house is on a septic tank. I’m unfamiliar with this system so I read about it on the internet. Is it true that I need to have someone pump the tank every year? It seems like everyone saying that is also in the pumping business, so I’m suspicious.</li> </ul> Interview Guest: Jay Conner

Finding Private Money, Jay Connor

Lauren Kingsbury is a current senior at Hampton University.She will be graduating in December 2019; She attained her real estate license at 18 years old and affiliated with Keller Williams Preferred Properties in 2017. Currently, Lauren is a full-time student and a part-time real estate agent; she currently is working full-time real estate for the summer to acquire her first investment property in August of this year. She works on a team with her mentor/mom Tracy Goins and assists with the day to day residential real estate activities. She hosts "Millennials Moving Out: Your Guide to More Money and More Freedom" at various colleges to spark the real estate conversation with young adults and recently released a rap video about real estate to keep young adults interested in learning about the real estate market/industry. FAR 263 Lauren Kingsbury, Real Estate Baddie Link: https://realestatebaddie.com/ https://www.instagram.com/realestatebaddie/  https://www.youtube.com/watch?v=behHBIkImmo&amp;feature=youtu.be   How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements:  Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News: Regular Real Estate News.    Matt Lauer Looking for a Buyer for His Waterfront Estate in the Hamptons  TechCrunch Founder Sells $1.6 Million House on Crypto Real Estate Platform  Syracuse.com real estate update includes gas stations, Skaneateles assisted living facility Costs $200k and now you have a flight of stairs.  Flood Threats Prompt Call to Raise Houses You should not be surprised that kitchens and bathrooms are in the budget!  10 Projects That Blow Fixer-Uppers’ Budgets Build-to-rent is going public!  Build-to-rent housing market explodes as investors rush in Let’s blame tariffs, the global economy, and President Trump. Why not global warming? Surely that had something to do with it?  New home sales sank 7.8% in May, despite a big drop in mortgage rates  Are investors pricing out first-time home buyers? Doug Duncan, Fannie Mae Chief Economist, points out the wide open opportunity for builders for first-time home buyers. Most new construction is for move-up buyers.  https://www.cnbc.com/video/2019/06/27/heres-what-fannie-mae-is-forecasting-for-the-housing-market.html  Your Questions: Send emails to questions@rogerblankenship.com Don’t send your sales pitches to this email. Especially the really terrible “you can buy my product at a discount” with a link and NO explanation. No sales letter. If you think my team is just going to click a link in an email come on. If you have a product or service you would like for us to review, you can let us know and someone from our team will reach out to you.   Cameron, Shandria, Atlanta, GA, Eric, Jackson, Kimberly, Cassandra, Elliott, Terrence, Kenedra, and Sharon “What are the steps for getting started in this business?” Allison, Fort Worth, TX “I have a plan and I have a local mentor. I’m starting out wholesaling and hope to move on to fixing and flipping and rentals next. I am single and work from 7:30 - 3:30 each day. I don’t hate my job, but I don’t see a future in it either. How long do I need to wait before I quit?” Corey, Boulder, CO “Prices are pretty high here. Is it better if I start somewhere else?” Natalie, St. Louis, “My boyfriend and I are about 60% finished with our first flip and we are having our first major disagreement. The house is in an up and coming hipster type area and he wants to paint some pretty bold colors, both inside and outside. I know this may seem like the opposite of the stereotype, but I want the colors to be neutral. This might be relationship advice clothed as a real estate question, but what do we do?” Xander, Battle Creek, MI “It’s been tough around here for a few years, but it looks like the jobs are coming back and things may be looking bright. So I’m starting to pick up some cheap rentals. My question is about the future. What if the jobs leave again? Where would that leave me and how do I survive?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “When you know what you want, and want it bad enough, you’ll find a way to get it. – Jim Rohn”

Lauren Kingsbury is a current senior at Hampton University.She will be graduating in December 2019; She attained her real estate license at 18 years old and affiliated with Keller Williams Preferred Properties in 2017. Currently, Lauren is a full-time student and a part-time real estate agent; she currently is working full-time real estate for the summer to acquire her first investment property in August of this year. She works on a team with her mentor/mom Tracy Goins and assists with the day to day residential real estate activities. She hosts "Millennials Moving Out: Your Guide to More Money and More Freedom" at various colleges to spark the real estate conversation with young adults and recently released a rap video about real estate to keep young adults interested in learning about the real estate market/industry. FAR 263 Lauren Kingsbury, Real Estate Baddie Link: <a href="https://realestatebaddie.com/" rel="nofollow" target="_blank">https://realestatebaddie.com/</a> <a href="https://www.instagram.com/realestatebaddie/" rel="nofollow" target="_blank">https://www.instagram.com/realestatebaddie/</a> <a href="https://www.youtube.com/watch?v=behHBIkImmo&amp;feature=youtu.be" rel="nofollow" target="_blank"> https://www.youtube.com/watch?v=behHBIkImmo&amp;feature=youtu.be</a>   How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>My latest article in Forbes is out. <a href="http://bit.ly/findredeals" rel="nofollow" target="_blank">bit.ly/findredeals</a>.</li> <li>The FAN is here!</li> <li>Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: Regular Real Estate News.  <ul> <li><a href="https://www.realtor.com/news/celebrity-real-estate/matt-lauer-selling-waterfront-estate-in-the-hamptons/" rel="nofollow" target="_blank"> Matt Lauer Looking for a Buyer for His Waterfront Estate in the Hamptons</a></li> <li><a href="https://www.coindesk.com/techcrunch-founder-sells-1-6-million-house-on-blockchain-real-estate-platform" rel="nofollow" target="_blank"> TechCrunch Founder Sells $1.6 Million House on Crypto Real Estate Platform</a></li> <li><a href="https://www.syracuse.com/realestate-news/2019/06/syracusecom-real-estate-update-includes-gas-stations-skaneateles-assisted-living-facility.html" rel="nofollow" target="_blank"> Syracuse.com real estate update includes gas stations, Skaneateles assisted living facility</a></li> <li>Costs $200k and now you have a flight of stairs. <a href="https://magazine.realtor/daily-news/2019/06/26/flood-threats-prompt-call-to-raise-houses" rel="nofollow" target="_blank"> Flood Threats Prompt Call to Raise Houses</a></li> <li>You should not be surprised that kitchens and bathrooms are in the budget! <a href="https://magazine.realtor/daily-news/2019/06/26/10-projects-that-blow-fixer-uppers-budgets" rel="nofollow" target="_blank"> 10 Projects That Blow Fixer-Uppers’ Budgets</a></li> <li>Build-to-rent is going public! <a href="https://www.cnbc.com/2019/06/26/suddenly-the-build-to-rent-single-family-housing-market-is-exploding.html" rel="nofollow" target="_blank"> Build-to-rent housing market explodes as investors rush in</a></li> <li>Let’s blame tariffs, the global economy, and President Trump. Why not global warming? Surely that had something to do with it? <a href="https://www.cnbc.com/2019/06/25/new-home-sales-sank-7point8percent-in-may-despite-a-big-drop-in-mortgage-rates.html" rel="nofollow" target="_blank"> New home sales sank 7.8% in May, despite a big drop in mortgage rates</a></li> <li><a href="https://www.cnbc.com/video/2019/06/24/are-investors-pricing-out-first-time-home-buyers.html" rel="nofollow" target="_blank"> Are investors pricing out first-time home buyers?</a></li> <li>Doug Duncan, Fannie Mae Chief Economist, points out the wide open opportunity for builders for first-time home buyers. Most new construction is for move-up buyers. <a href="https://www.cnbc.com/video/2019/06/27/heres-what-fannie-mae-is-forecasting-for-the-housing-market.html" rel="nofollow" target="_blank"> https://www.cnbc.com/video/2019/06/27/heres-what-fannie-mae-is-forecasting-for-the-housing-market.html</a></li> </ul> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> Don’t send your sales pitches to this email. Especially the really terrible “you can buy my product at a discount” with a link and NO explanation. No sales letter. If you think my team is just going to click a link in an email come on. If you have a product or service you would like for us to review, you can let us know and someone from our team will reach out to you.  <ul> <li>Cameron, Shandria, Atlanta, GA, Eric, Jackson, Kimberly, Cassandra, Elliott, Terrence, Kenedra, and Sharon “What are the steps for getting started in this business?”</li> <li>Allison, Fort Worth, TX “I have a plan and I have a local mentor. I’m starting out wholesaling and hope to move on to fixing and flipping and rentals next. I am single and work from 7:30 - 3:30 each day. I don’t hate my job, but I don’t see a future in it either. How long do I need to wait before I quit?”</li> <li>Corey, Boulder, CO “Prices are pretty high here. Is it better if I start somewhere else?”</li> <li>Natalie, St. Louis, “My boyfriend and I are about 60% finished with our first flip and we are having our first major disagreement. The house is in an up and coming hipster type area and he wants to paint some pretty bold colors, both inside and outside. I know this may seem like the opposite of the stereotype, but I want the colors to be neutral. This might be relationship advice clothed as a real estate question, but what do we do?”</li> <li>Xander, Battle Creek, MI “It’s been tough around here for a few years, but it looks like the jobs are coming back and things may be looking bright. So I’m starting to pick up some cheap rentals. My question is about the future. What if the jobs leave again? Where would that leave me and how do I survive?”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “When you know what you want, and want it bad enough, you’ll find a way to get it. – Jim Rohn”

Flipping America 263, The Real Estate Baddie

Flipping America 247, Affordable Housing Crisis

Seth Williams

FAR 266 Seth Williams, REI Tipster Opening: Today we are being joined by Seth Williams of REI Tipster. Seth is a land investor and has a compelling argument for investing simply land. Land can create income as you flip it and passive income as you sell with owner financing. There is a world of possibility awaiting you as you dive in to this topic. Our conversation with him is coming up shortly. But I also have an extended set of questions about Subject-To purchasing so I’m going to jump right in and address this topic.  How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements:  Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    Special Guest: Seth Williams, REI Tipster https://retipster.com/ https://retipster.club/   Your Questions: Send emails to questions@rogerblankenship.com  From Kay in Atlanta, I have a few questions about Subject 2 and I am hopeful that you can assist me.   My partner Kathy P... spoke with a potential client which we plan to meet up with on Monday. We will like to proceed with a subject 2. 1) The owner divorced and was awared the home. The ex-wife  did a quit deed so the husband has a limited warranty deed in his name.  But the ex-wife's name is on the loan. The husband was given 1 yr  as of November 2018 get her name off the loan. The home is  heading into forclosure which they do not want to happen. A)Is there paperwork we can have the ex-wife sign to protect ourselves, having her acknowledging that she is aware we are taking over pmt. And her name will stay on the loan until the ex- husband assumes or refinance  the loan? How do we protect ourselves? B) How do we take ownership on the warranty deed? Do we put in our company name? Do we keep the owner's name c/o our company name. Do we put deed in out personal names? Do we put deed in a land trust?   C ) Getting insurance on the property.  What step do we have to take for home insurance since the owner policy will only be good for 30 days after the transfer. I hope that you can assist us with our questions.     Great Questions:    Is this going into the August foreclosure sale? If so you have time, but you need to move quickly.  Do you have a real estate attorney? You need one who is accustomed to dealing with investors and familiar with the Subject-To process. Craig Halperin is a friend and he can help if you don’t already have one.  Meet with the man and write down everything in plain English you are agreeing too. Craig will translate that into a formal contract you can sign at closing. You’ll need to be prepared to pay him for the closing costs.  Do you know whether the ex-wife is in the mood to cooperate? If she will,you have until the end of October to sell the property unless she is willing to agree in writing to extend the deadline. I’ll be surprised if she agrees to that - she probably wants out. But if she doesn’t need to buy a home right now, she could possibly be incentivized to extend (i.e. small monthly payment or something).  He will not be able to re-finance the loan once he has turned it over to you.  Once the property is in your name you may be able to re-finance into your name, depending on your credit and other qualifications.  Take possession in your company name.  Get insurance based on your intended use of the property. Rental and flips get different policies. Your insurance professional will guide you. Cancel the homeowner’s insurance as soon as you can. Provide on-going proof of insurance to the lender so they don’t do a force placed policy. Be careful what you say to the lender.  9. I cover sub-to in my Ultimate Course. It takes about 30 days to get that far in the course. That’s if you watch one 10-min video every day. You can use a land trust but they are somewhat over-rated in terms of protecting you from the Due Upon Sale Clause.   Call Question: James from Rochester NY. “I’m a roofer and I want to buy a couple of your houses in Toledo and Saginaw, but I also want to know if you are planning to get more of these. I’m coming into some money this summer and I want to buy about 40.”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day     “If you’re not making mistakes, then you’re not doing anything. I’m positive that a doer makes mistakes.” -John Wooden     Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

FAR 266 Seth Williams, REI Tipster Opening: Today we are being joined by Seth Williams of REI Tipster. Seth is a land investor and has a compelling argument for investing simply land. Land can create income as you flip it and passive income as you sell with owner financing. There is a world of possibility awaiting you as you dive in to this topic. Our conversation with him is coming up shortly. But I also have an extended set of questions about Subject-To purchasing so I’m going to jump right in and address this topic.  How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>My latest article in Forbes is out. <a href="http://bit.ly/findredeals" rel="nofollow" target="_blank">bit.ly/findredeals</a>.</li> <li>The FAN is here!</li> <li>Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> Special Guest: Seth Williams, REI Tipster <a href="https://retipster.com/" rel="nofollow" target="_blank">https://retipster.com/</a> <a href="https://retipster.club/" rel="nofollow" target="_blank">https://retipster.club/</a>   Your Questions: Send emails to questions@rogerblankenship.com <ul> <li>From Kay in Atlanta, I have a few questions about Subject 2 and I am hopeful that you can assist me.</li> <li> <ul> <li>My partner Kathy P... spoke with a potential client which we plan to meet up with on Monday. We will like to proceed with a subject 2.</li> <li>1) The owner divorced and was awared the home. The ex-wife  did a quit deed so the husband has a limited warranty deed in his name.  But the ex-wife's name is on the loan.</li> <li>The husband was given 1 yr  as of November 2018 get her name off the loan. The home is  heading into forclosure which they do not want to happen.</li> <li>A)Is there paperwork we can have the ex-wife sign to protect ourselves, having her acknowledging that she is aware we are taking over pmt. And her name will stay on the loan until the ex- husband assumes or refinance  the loan? How do we protect ourselves?</li> <li>B) How do we take ownership on the warranty deed? Do we put in our company name? Do we keep the owner's name c/o our company name. Do we put deed in out personal names? Do we put deed in a land trust?  </li> <li>C ) Getting insurance on the property.  What step do we have to take for home insurance since the owner policy will only be good for 30 days after the transfer. I hope that you can assist us with our questions. </li> </ul> </li> </ul> Great Questions: <ul> <li> <ul> <li>Is this going into the August foreclosure sale? If so you have time, but you need to move quickly. </li> <li>Do you have a real estate attorney? You need one who is accustomed to dealing with investors and familiar with the Subject-To process. Craig Halperin is a friend and he can help if you don’t already have one. </li> <li>Meet with the man and write down everything in plain English you are agreeing too. Craig will translate that into a formal contract you can sign at closing. You’ll need to be prepared to pay him for the closing costs. </li> <li>Do you know whether the ex-wife is in the mood to cooperate? If she will,you have until the end of October to sell the property unless she is willing to agree in writing to extend the deadline. I’ll be surprised if she agrees to that - she probably wants out. But if she doesn’t need to buy a home right now, she could possibly be incentivized to extend (i.e. small monthly payment or something). </li> <li>He will not be able to re-finance the loan once he has turned it over to you. </li> <li>Once the property is in your name you may be able to re-finance into your name, depending on your credit and other qualifications. </li> <li>Take possession in your company name. </li> <li>Get insurance based on your intended use of the property. Rental and flips get different policies. Your insurance professional will guide you. Cancel the homeowner’s insurance as soon as you can. Provide on-going proof of insurance to the lender so they don’t do a force placed policy.</li> <li>Be careful what you say to the lender. </li> <li>9. I cover sub-to in my Ultimate Course. It takes about 30 days to get that far in the course. That’s if you watch one 10-min video every day. You can use a land trust but they are somewhat over-rated in terms of protecting you from the Due Upon Sale Clause.</li> </ul> </li> <li>Call Question: James from Rochester NY. “I’m a roofer and I want to buy a couple of your houses in Toledo and Saginaw, but I also want to know if you are planning to get more of these. I’m coming into some money this summer and I want to buy about 40.”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day <ul> <li> “If you’re not making mistakes, then you’re not doing anything. I’m positive that a doer makes mistakes.” -John Wooden </li> </ul> Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Flipping America 266 Seth Williams REI Tipster

Today we are going back to my upcoming book, “Flipping Houses in Ten Days” and I’m going to read Chapter 4: Fund the Deal. What’s the point of finding a deal if you can’t pay for it. But on the other hand, I’m pretty sure that if you find a really good deal, you’ll be able to put together the funding for it or at the very least, get it sold. Why do I say that? Because YOU my friend have access to a powerful resource for wholesaling properties: The FAN, aka the Flipping America Network at flippingamericanetwork.com. You can post it there and if it’s a deal, it WILL get sold. You also, by virtue of the fact that you are listening to me right now, have access to me, your humble Flipping America host. I buy deals still and I know other people across the country who are buying them. I might be able to hook you up with either a lender or a buyer. But that’s beside the point. In Chapter 4 I explain your various options about deal funding, do a bit of the math for you and give you some practical steps to take to get your first deal funded.   First I need to finish my answer to an email - I ran out of time on the last show.     How to contact us   www.RogerBlankenship.com   Facebook.com/flippingamericamedia   Twitter and Instagram @FlippingAmerica   Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.   Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.   Announcements:    Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.      News:    Redfin is losing money but making up for it in volume?  https://www.fool.com/investing/2019/05/16/with-losses-mounting-in-a-hot-real-estate-market-i.aspx CNN is finally reporting on the NAR lawsuit  https://www.cnn.com/2019/05/15/economy/real-estate-commissions/index.html https://www.opendoor.com/w/guides/housing-market-trends-2019 Coastal markets will see a decrease, sales will continue upward but slower. Opportunity zones will become a thing...  https://theoofy.com/46532/real-estate-trends-and-housing-market-forecast-2019-what-to-expect-from-housing-and-real-estate-during-2019-fri-may-17/ Because you will do better than 20 or 21. Economy may turn.  https://realestate.usnews.com/real-estate/articles/why-you-should-sell-your-home Rise in interest rates, millenial home buyers, growth of secondary cities, home affordability, opportunity zones, Alan Donenfeld, CityVest  https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/19/five-trends-that-will-impact-real-estate-investing-this-year/#4eee8d951915  https://www.financialsamurai.com/time-to-start-worrying-about-the-housing-market-again/    Your Questions: Send emails to questions@rogerblankenship.com    Linda, Jacksonville, FL “This roofer had put on two roofs for me doing the hurricane last year so I trusted him.  He did mention that his company had merge with another and his job function had changed. Because of the previous relationship with my other two rentals didn't think I would get screwed,  The roof that was removed was shingle so the quotes were given on that. The following invoices were sent out first for repairing the roof $4,531.92 (wasn't aware of a repair quote dated 4/2/19,  second invoice 4/3/19 in amount of $5,361.92, third invoice sent 4/11/19 in amount of $11,789.54 &amp; finally invoice no date but received via emails on 4/13/19 after numerous requests for an updated invoice.  Yes the insurance company has all invoices but remember I was told because of the pitch shingles could not be installed. The requirement for shingles is a 2" pitch across entire roof. Yes this is a rental &amp; yes I believe I'm being screwed but I will seek legal advise on this problem.  Any suggestions will be appreciated. Maybe I need to share this roofing company with the group. What do you think? Surely wouldn't like this to happen to anyone else. By the way, the square footage of the home is less than 1200 sq. ft. &amp; my friend got a modified roof installed 4 years ago &amp; his cost was less $7,000 ( I have his receipt).  My friend house was approximately 1400 sq. ft. Thanks again for your interest &amp; help. The charges do seem unreasonable. I’ve used rolled roofing on low pitch roofs and the cost wasn’t much different than shingles. The repairs (I’m assuming the decking) might be legitimate, but this could have been known ahead of time to some extent. Did they get up on the roof to inspect or just use a drone? When I get to a situation like this (I’ve done 900 flips and bought over 200 rentals so far, so I’ve seen a lot unfortunately) I realize none of the options are really pleasant. But here is how I proceed:  Is the insurance company going to pay or fight the charges? If they do not want to pay they may help you fight them. Next I try to talk with the decision maker. My part would go like this: "The pitch of the roof was known when you quoted. I expect you to honor your quote, even if you made a mistake. I’ve made mistakes in this business and no one is paying for them but me. I shouldn’t pay for yours. We have a written and signed agreement.” If that doesn’t work here’s my next step: "I belong to a group of investors here that collectively own hundreds of properties. And I’ve been in touch with a nationally syndicated radio show (that would be Flipping America, my show). They know about this situation. Is this how you want me to tell them it ended?” You have to be careful when telling your story. If the company is litigious you may face a lawsuit for slander or libel. But you are permitted to state the facts. If that doesn’t work (and I’m assuming he completed the work): “Ok then, I’m going to honor what we agreed to in writing even if you won’t.” That’s all I say. This is basically inviting them to lien the property. In Georgia if a contractor liens the property they have 1 year to follow through and sue for foreclosure of the lien or it just expires. If you plan to keep the house the worst the can happen is you get to tell this to a judge. 9 times out of 10 the liens just expire because 9 times out of 10 the contractor knows they can’t win. This is personally a bit distasteful for me because I strongly desire to be honorable in all my dealings. But I’ve realized over the years that people will run over me if I let them. So I stopped letting them. Here’s the potential downside. If they have a case and pursue that case, you will have legal expenses and even if you win, you will still have those legal expenses. If they pursue the case within the time limit I would recommend you consider settling at a reduced number. This is not legal advice. Please consult counsel if it comes to that. I’m just making you aware of the practical issue here. Settling is almost always cheaper than paying lawyers to fight it out.   Sawyer, Birmingham, AL “I haven’t been able to make it to one of your FlipStarter events but I have some friends who have been and said it was great - they couldn’t believe what they learned for the price of admission. Are you coming to Birmingham or will you be making a video of this available?” Alberto, Houston, TX “What are the ways you advertise a wholesale deal?” Candace, Pittsburgh, PA “I just saw an ad for a duplex in Johnstown PA at a great price. I called the number and cracked up when Flipping America answered the phone. Why would you sell a duplex in Johnstown? And why sell it for $12,000?” Alaina, Milwaukee “Is there ever an occasion when you go outside of your formulas?” Erica, Atlanta “When you’re new and starting out and you want to partner with someone who has money, how do you know this person is the right person?”    Comment Line calls and Questions   Call 404-369-1018, press 1 and leave your message!   Motivational Thoughts for the day    “Everything worth doing is worth doing poorly the first attempt and getting better as you go along” —Gordon Catts 

Today we are going back to my upcoming book, “Flipping Houses in Ten Days” and I’m going to read Chapter 4: Fund the Deal. What’s the point of finding a deal if you can’t pay for it. But on the other hand, I’m pretty sure that if you find a really good deal, you’ll be able to put together the funding for it or at the very least, get it sold. Why do I say that? Because YOU my friend have access to a powerful resource for wholesaling properties: The FAN, aka the Flipping America Network at <a href="http://flippingamericanetwork.com" rel="nofollow" target="_blank">flippingamericanetwork.com</a>. You can post it there and if it’s a deal, it WILL get sold. You also, by virtue of the fact that you are listening to me right now, have access to me, your humble Flipping America host. I buy deals still and I know other people across the country who are buying them. I might be able to hook you up with either a lender or a buyer. But that’s beside the point. In Chapter 4 I explain your various options about deal funding, do a bit of the math for you and give you some practical steps to take to get your first deal funded. First I need to finish my answer to an email - I ran out of time on the last show.   How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>My latest article in Forbes is out. <a href="http://bit.ly/findredeals" rel="nofollow" target="_blank">bit.ly/findredeals</a>.</li> <li>The FAN is here!</li> <li>Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.</li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: <ul> <li>Redfin is losing money but making up for it in volume? <a href="https://www.fool.com/investing/2019/05/16/with-losses-mounting-in-a-hot-real-estate-market-i.aspx" rel="nofollow" target="_blank"> https://www.fool.com/investing/2019/05/16/with-losses-mounting-in-a-hot-real-estate-market-i.aspx</a></li> <li>CNN is finally reporting on the NAR lawsuit <a href="https://www.cnn.com/2019/05/15/economy/real-estate-commissions/index.html" rel="nofollow" target="_blank"> https://www.cnn.com/2019/05/15/economy/real-estate-commissions/index.html</a></li> <li><a href="https://www.opendoor.com/w/guides/housing-market-trends-2019" rel="nofollow" target="_blank">https://www.opendoor.com/w/guides/housing-market-trends-2019</a></li> <li>Coastal markets will see a decrease, sales will continue upward but slower. Opportunity zones will become a thing...  <a href="https://theoofy.com/46532/real-estate-trends-and-housing-market-forecast-2019-what-to-expect-from-housing-and-real-estate-during-2019-fri-may-17/" rel="nofollow" target="_blank">https://theoofy.com/46532/real-estate-trends-and-housing-market-forecast-2019-what-to-expect-from-housing-and-real-estate-during-2019-fri-may-17/</a></li> <li>Because you will do better than 20 or 21. Economy may turn.  <a href="https://realestate.usnews.com/real-estate/articles/why-you-should-sell-your-home" rel="nofollow" target="_blank">https://realestate.usnews.com/real-estate/articles/why-you-should-sell-your-home</a></li> <li>Rise in interest rates, millenial home buyers, growth of secondary cities, home affordability, opportunity zones, Alan Donenfeld, CityVest  <a href="https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/19/five-trends-that-will-impact-real-estate-investing-this-year/#4eee8d951915" rel="nofollow" target="_blank">https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/19/five-trends-that-will-impact-real-estate-investing-this-year/#4eee8d951915</a></li> <li><a href="https://www.financialsamurai.com/time-to-start-worrying-about-the-housing-market-again/" rel="nofollow" target="_blank"> https://www.financialsamurai.com/time-to-start-worrying-about-the-housing-market-again/</a></li> </ul> Your Questions: Send emails to questions@rogerblankenship.com <ul> <li>Linda, Jacksonville, FL “This roofer had put on two roofs for me doing the hurricane last year so I trusted him.  He did mention that his company had merge with another and his job function had changed. Because of the previous relationship with my other two rentals didn't think I would get screwed,  The roof that was removed was shingle so the quotes were given on that. The following invoices were sent out first for repairing the roof $4,531.92 (wasn't aware of a repair quote dated 4/2/19,  second invoice 4/3/19 in amount of $5,361.92, third invoice sent 4/11/19 in amount of $11,789.54 &amp; finally invoice no date but received via emails on 4/13/19 after numerous requests for an updated invoice.  Yes the insurance company has all invoices but remember I was told because of the pitch shingles could not be installed. The requirement for shingles is a 2" pitch across entire roof. Yes this is a rental &amp; yes I believe I'm being screwed but I will seek legal advise on this problem.  Any suggestions will be appreciated. Maybe I need to share this roofing company with the group. What do you think? Surely wouldn't like this to happen to anyone else. By the way, the square footage of the home is less than 1200 sq. ft. &amp; my friend got a modified roof installed 4 years ago &amp; his cost was less $7,000 ( I have his receipt).  My friend house was approximately 1400 sq. ft. Thanks again for your interest &amp; help.</li> <li>The charges do seem unreasonable. I’ve used rolled roofing on low pitch roofs and the cost wasn’t much different than shingles. The repairs (I’m assuming the decking) might be legitimate, but this could have been known ahead of time to some extent. Did they get up on the roof to inspect or just use a drone? When I get to a situation like this (I’ve done 900 flips and bought over 200 rentals so far, so I’ve seen a lot unfortunately) I realize none of the options are really pleasant. But here is how I proceed: <ul> <li>Is the insurance company going to pay or fight the charges? If they do not want to pay they may help you fight them.</li> <li>Next I try to talk with the decision maker. My part would go like this: "The pitch of the roof was known when you quoted. I expect you to honor your quote, even if you made a mistake. I’ve made mistakes in this business and no one is paying for them but me. I shouldn’t pay for yours. We have a written and signed agreement.”</li> <li>If that doesn’t work here’s my next step: "I belong to a group of investors here that collectively own hundreds of properties. And I’ve been in touch with a nationally syndicated radio show (that would be Flipping America, my show). They know about this situation. Is this how you want me to tell them it ended?” You have to be careful when telling your story. If the company is litigious you may face a lawsuit for slander or libel. But you are permitted to state the facts.</li> <li>If that doesn’t work (and I’m assuming he completed the work): “Ok then, I’m going to honor what we agreed to in writing even if you won’t.” That’s all I say. This is basically inviting them to lien the property. In Georgia if a contractor liens the property they have 1 year to follow through and sue for foreclosure of the lien or it just expires. If you plan to keep the house the worst the can happen is you get to tell this to a judge. 9 times out of 10 the liens just expire because 9 times out of 10 the contractor knows they can’t win. This is personally a bit distasteful for me because I strongly desire to be honorable in all my dealings. But I’ve realized over the years that people will run over me if I let them. So I stopped letting them.</li> <li>Here’s the potential downside. If they have a case and pursue that case, you will have legal expenses and even if you win, you will still have those legal expenses. If they pursue the case within the time limit I would recommend you consider settling at a reduced number. This is not legal advice. Please consult counsel if it comes to that. I’m just making you aware of the practical issue here. Settling is almost always cheaper than paying lawyers to fight it out.</li> </ul> </li> <li>Sawyer, Birmingham, AL “I haven’t been able to make it to one of your FlipStarter events but I have some friends who have been and said it was great - they couldn’t believe what they learned for the price of admission. Are you coming to Birmingham or will you be making a video of this available?”</li> <li>Alberto, Houston, TX “What are the ways you advertise a wholesale deal?”</li> <li>Candace, Pittsburgh, PA “I just saw an ad for a duplex in Johnstown PA at a great price. I called the number and cracked up when Flipping America answered the phone. Why would you sell a duplex in Johnstown? And why sell it for $12,000?”</li> <li>Alaina, Milwaukee “Is there ever an occasion when you go outside of your formulas?”</li> <li>Erica, Atlanta “When you’re new and starting out and you want to partner with someone who has money, how do you know this person is the right person?”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day <ul> <li>“Everything worth doing is worth doing poorly the first attempt and getting better as you go along” —Gordon Catts</li> </ul>

Flipping Houses in Ten Days, Ch 4

Many have expressed that fear is their top barrier to getting active with real estate investing. Part of dealing with fear is understanding the risks and how to mitigate them. Roger breaks down the major risk factors in residential investing and shows you how to deal with those factors. We all need to learn to face our fears and conquer them through action, but this task is made easier when we have engaged in thorough risk mitigation. Below are the news and email items we dealt with on the show. News:   https://www.inman.com/2017/12/15/3-ways-investor-friendly-real-estate-agents-make-more-money/  http://blog.sfgate.com/ontheblock/2017/12/15/south-bay-home-with-brightly-lacquered-red-kitchen-listed-for-2-888-million/  https://www.realtor.com/news/trends/most-buzzed-about-real-estate-stories-2017/  https://techfinancials.co.za/2017/12/15/wealthe-coin-democratize-access-global-real-estate-investing/  https://money.usnews.com/investing/news/articles/2017-12-15/harvard-to-outsource-real-estate-investment-to-bain-capital  https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors  https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html  https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain  https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html  Emails: Questions@flippingamericaradio.com Tell us where you’re from!  Mike, Homewood, AL “Thanks for a great show. Keep up the good work. I think I want to buy a rental property or two. How do I go about finding them? And what should I be looking for? I have about $120,000 in cash and can buy houses in the outlying areas around Birmingham in the 50-60,000 range.” Leah, Birmingham, AL “I heard you talk about buying foreclosures in Alabama and that you don’t do it. But you also say the foreclosure auction is the #1 source for deals. What are we in Alabama supposed to do?” Jill, Lancaster, PA “You give out so much information about how to do this on the show. I can’t help but wonder what more you tell people in your training. I haven’t been able to get down there for your workshop so far, but please tell me what I’m missing!” 

Many have expressed that fear is their top barrier to getting active with real estate investing. Part of dealing with fear is understanding the risks and how to mitigate them. Roger breaks down the major risk factors in residential investing and shows you how to deal with those factors. We all need to learn to face our fears and conquer them through action, but this task is made easier when we have engaged in thorough risk mitigation. Below are the news and email items we dealt with on the show. News: <ul> <li><a href="https://www.inman.com/2017/12/15/3-ways-investor-friendly-real-estate-agents-make-more-money/" rel="nofollow" target="_blank"> https://www.inman.com/2017/12/15/3-ways-investor-friendly-real-estate-agents-make-more-money/</a></li> <li><a href="http://blog.sfgate.com/ontheblock/2017/12/15/south-bay-home-with-brightly-lacquered-red-kitchen-listed-for-2-888-million/" rel="nofollow" target="_blank"> http://blog.sfgate.com/ontheblock/2017/12/15/south-bay-home-with-brightly-lacquered-red-kitchen-listed-for-2-888-million/</a></li> <li><a href="https://www.realtor.com/news/trends/most-buzzed-about-real-estate-stories-2017/" rel="nofollow" target="_blank"> https://www.realtor.com/news/trends/most-buzzed-about-real-estate-stories-2017/</a></li> <li><a href="https://techfinancials.co.za/2017/12/15/wealthe-coin-democratize-access-global-real-estate-investing/" rel="nofollow" target="_blank"> https://techfinancials.co.za/2017/12/15/wealthe-coin-democratize-access-global-real-estate-investing/</a></li> <li><a href="https://money.usnews.com/investing/news/articles/2017-12-15/harvard-to-outsource-real-estate-investment-to-bain-capital" rel="nofollow" target="_blank"> https://money.usnews.com/investing/news/articles/2017-12-15/harvard-to-outsource-real-estate-investment-to-bain-capital</a></li> <li><a href="https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors" rel="nofollow" target="_blank"> https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors</a></li> <li><a href="https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html" rel="nofollow" target="_blank"> https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html</a></li> <li><a href="https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain" rel="nofollow" target="_blank"> https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain</a></li> <li><a href="https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html" rel="nofollow" target="_blank"> https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html</a></li> </ul> Emails: <a href="mailto:Questions@flippingamericaradio.com">Questions@flippingamericaradio.com</a> Tell us where you’re from! <ul> <li>Mike, Homewood, AL “Thanks for a great show. Keep up the good work. I think I want to buy a rental property or two. How do I go about finding them? And what should I be looking for? I have about $120,000 in cash and can buy houses in the outlying areas around Birmingham in the 50-60,000 range.”</li> <li>Leah, Birmingham, AL “I heard you talk about buying foreclosures in Alabama and that you don’t do it. But you also say the foreclosure auction is the #1 source for deals. What are we in Alabama supposed to do?”</li> <li>Jill, Lancaster, PA “You give out so much information about how to do this on the show. I can’t help but wonder what more you tell people in your training. I haven’t been able to get down there for your workshop so far, but please tell me what I’m missing!”</li> </ul>

Understanding and Mitigating Risks in Residential Investing

Mark Dolfini

“If you don’t know where you’re going, any road will take you there.” This quote is from Alice in Wonderland by Lewis Carroll. Yogi Berra put a famous twist on this by saying “If you don’t know where you’re going you’ll end up someplace else.”  "Our plans miscarry because they have no aim. When a man does not know what harbor he is making for, no wind is the right wind." Seneca In absence of vision and clearly defined goals, we become strangely loyal to performing daily acts of trivia. Has your life fallen into mindless routine? Do you have a vague feeling that you would like to be doing something different, be somewhere else, spend your days involved in something more meaningful? It all begins with your vision. Not just a dream or a romantic ideal, a vision that is clearly developed, that focuses your life, informs the development of your goals, and directs the priorities of your daily life. It is possible to live a well-thought life. Not only is it possible, you might be missing the best possible life and the best possible version of you. It is good for every person to devote time regularly to thinking about the bigger picture of his or her life. Mark Dolfini is the author of “The Time Wealthy Investor” and in that book he outlines his VIP strategy. VIP is an acronym standing for Vision, Infrastructure, and Process. His work and thoughts on the Vision part alone are some of the best I’ve seen. I might have planted a little seed in his brain about doing an entire course on Vision and that has now become a reality. Mark will be making a guest appearance tonight at the Flipping America REIA meeting via video chat. But he also is going to join us in just a moment for a conversation about his new course on Vision.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)    ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Real Estate Investing QuickStart Announcements:  The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.   Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities.  “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.  News:   Kathy Fettke called it on this show. Crystal lagoons could be a “wave” of the future.   https://www.cnbc.com/video/2020/02/12/crystal-lagoons-is-disrupting-beach-front-real-estate.html Is it a rental monolith or a monopoly?  https://www.housingwire.com/articles/birth-of-a-rental-monolith-rentpath-declares-bankruptcy-agrees-to-sell-to-costar/ Can investors also become HomeSnap pro users?  https://www.housingwire.com/articles/homesnap-new-platform-guesses-when-people-will-move/ People are on the move - away from expensive coastal cities.   https://www.redfin.com/blog/q4-2019-housing-migration-report/  Topic: The Personal Vision Road Map, with Mark Dolfini  Confusing results with vision.  Big house, why? Love to entertain. Why? Keep pulling on the thread and usually will end up saying “because I (fill in the blank with this deep need).” Not about goals. It’s attached to the limbic system - the thing that gets. You up on a rainy Sunday morning.  The Vision Paragraph The Vision Summary - write it down every day. “She wanted to move her mom within a 5 min drive. Home-school her kids, work from home, 10-15 hours/week. Wanted to start trying to have another baby.” Identify revenue goals that can make that happen. The two or three things she wanted the most within the next 8-12 months.  Three pillars of the mind, body, and soul. Easiest to start with the mind.  The Personal Vision Road Map   Your Questions: Send emails to questions@rogerblankenship.com  Jessica, Akron, OH, “I have saved $40,000 to invest in a fix and flip. I’ve watched videos, attended a boot camp, and I see deals from time to time that fit all the criteria. But I’m having a hard time pulling the trigger. I know it’s fear, but how do I overcome it?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day “To reach a port, we must sail—Sail, not tie at anchor—Sail, not drift.” - Franklin Roosevelt

“If you don’t know where you’re going, any road will take you there.” This quote is from Alice in Wonderland by Lewis Carroll. Yogi Berra put a famous twist on this by saying “If you don’t know where you’re going you’ll end up someplace else.”  "Our plans miscarry because they have no aim. When a man does not know what harbor he is making for, no wind is the right wind." Seneca In absence of vision and clearly defined goals, we become strangely loyal to performing daily acts of trivia. Has your life fallen into mindless routine? Do you have a vague feeling that you would like to be doing something different, be somewhere else, spend your days involved in something more meaningful? It all begins with your vision. Not just a dream or a romantic ideal, a vision that is clearly developed, that focuses your life, informs the development of your goals, and directs the priorities of your daily life. It is possible to live a well-thought life. Not only is it possible, you might be missing the best possible life and the best possible version of you. It is good for every person to devote time regularly to thinking about the bigger picture of his or her life. Mark Dolfini is the author of “The Time Wealthy Investor” and in that book he outlines his VIP strategy. VIP is an acronym standing for Vision, Infrastructure, and Process. His work and thoughts on the Vision part alone are some of the best I’ve seen. I might have planted a little seed in his brain about doing an entire course on Vision and that has now become a reality. Mark will be making a guest appearance tonight at the Flipping America REIA meeting via video chat. But he also is going to join us in just a moment for a conversation about his new course on Vision.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)    ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Real Estate Investing QuickStart Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at <a href="http://flippingamericareia.com" rel="nofollow" target="_blank">flippingamericareia.com</a>.  </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities. </li> <li>“Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. <a href="http://bit.ly/requickstart" rel="nofollow" target="_blank">bit.ly/requickstart</a>.</li> </ul> News:  <ul> <li>Kathy Fettke called it on this show. Crystal lagoons could be a “wave” of the future.  <a href="https://www.cnbc.com/video/2020/02/12/crystal-lagoons-is-disrupting-beach-front-real-estate.html" rel="nofollow" target="_blank"> https://www.cnbc.com/video/2020/02/12/crystal-lagoons-is-disrupting-beach-front-real-estate.html</a></li> <li>Is it a rental monolith or a monopoly? <a href="https://www.housingwire.com/articles/birth-of-a-rental-monolith-rentpath-declares-bankruptcy-agrees-to-sell-to-costar/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/birth-of-a-rental-monolith-rentpath-declares-bankruptcy-agrees-to-sell-to-costar/</a></li> <li>Can investors also become HomeSnap pro users? <a href="https://www.housingwire.com/articles/homesnap-new-platform-guesses-when-people-will-move/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/homesnap-new-platform-guesses-when-people-will-move/</a></li> <li>People are on the move - away from expensive coastal cities.  <a href="https://www.redfin.com/blog/q4-2019-housing-migration-report/" rel="nofollow" target="_blank"> https://www.redfin.com/blog/q4-2019-housing-migration-report/</a></li> </ul> Topic: The Personal Vision Road Map, with Mark Dolfini <ul> <li>Confusing results with vision. </li> <li>Big house, why? Love to entertain. Why? Keep pulling on the thread and usually will end up saying “because I (fill in the blank with this deep need).”</li> <li>Not about goals. It’s attached to the limbic system - the thing that gets. You up on a rainy Sunday morning. </li> <li>The Vision Paragraph</li> <li>The Vision Summary - write it down every day. “She wanted to move her mom within a 5 min drive. Home-school her kids, work from home, 10-15 hours/week. Wanted to start trying to have another baby.” Identify revenue goals that can make that happen. The two or three things she wanted the most within the next 8-12 months. </li> <li>Three pillars of the mind, body, and soul. Easiest to start with the mind. </li> <li>The Personal Vision Road Map </li> </ul> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Jessica, Akron, OH, “I have saved $40,000 to invest in a fix and flip. I’ve watched videos, attended a boot camp, and I see deals from time to time that fit all the criteria. But I’m having a hard time pulling the trigger. I know it’s fear, but how do I overcome it?”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day “To reach a port, we must sail—Sail, not tie at anchor—Sail, not drift.” - Franklin Roosevelt

Flipping America 335 VISION, with Mark Dolfini

Burton Alicando

We’ve talked a lot on this show about using free resources to perform property analysis. If you are a hobbyist or just breaking in to the business and have a limited budget, you should check out our information on that. But as soon as you have some money to spend for your deal research and analysis, you should look into PropStream. This program is going to help you reach more leads, book more appointments, and close more deals with less work:  Generatie highly targeted property lists using 100+ targeting criteria to find and create prospect lists and uncover properties within your target market Reach your prospects through customizable marketing tools -- perhaps before they even know they’re in the market PropStream gives you comprehensive data and context for market insight Visualize where your customers are and analyze your market Access the most current and accurate data from MLS sales and county recordings to generate instant comps  You will be able to create your own custom marketing lists, mail from within the program, import lists you’ve received from other sources and analyze them and get the most current and thorough picture of the property possible. PropStream’s Director of Marketing, Burton Alicando is going to join us in a few minutes to talk about this ground-breaking software.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding www.flippingamericacomps.com Announcements:  The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.   Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities.  “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.  News:   The answer is “no.”  https://www.housingwire.com/articles/has-bloomberg-gotten-anything-right-about-housing/ Redfin launches Redfin Premier - to select markets.  https://www.housingwire.com/articles/housing-headlines-redfin-expands-launches-redfin-premier/ Opportunity Zones seem to be working.  https://www.attomdata.com/news/market-trends/figuresfriday/opportunity-zones-seeing-the-greatest-growth/  Guest: Burton Alicando Your Questions: Send emails to questions@rogerblankenship.com  Kyle, Atlanta, GA “What are the criteria you use for the inexpensive houses you buy around the country?” Felicia, Hampton, GA “How did you fix and flip 100 houses in a single year? I can do maybe 8.”  Motivational Thoughts for the day “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” Franklin D. Roosevelt

We’ve talked a lot on this show about using free resources to perform property analysis. If you are a hobbyist or just breaking in to the business and have a limited budget, you should check out our information on that. But as soon as you have some money to spend for your deal research and analysis, you should look into PropStream. This program is going to help you reach more leads, book more appointments, and close more deals with less work: <ul> <li>Generatie highly targeted property lists using 100+ targeting criteria to find and create prospect lists and uncover properties within your target market</li> <li>Reach your prospects through customizable marketing tools -- perhaps before they even know they’re in the market</li> <li>PropStream gives you comprehensive data and context for market insight</li> <li>Visualize where your customers are and analyze your market</li> <li>Access the most current and accurate data from MLS sales and county recordings to generate instant comps</li> </ul> You will be able to create your own custom marketing lists, mail from within the program, import lists you’ve received from other sources and analyze them and get the most current and thorough picture of the property possible. PropStream’s Director of Marketing, Burton Alicando is going to join us in a few minutes to talk about this ground-breaking software.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> <a href="http://www.flippingamericacomps.com" rel="nofollow" target="_blank">www.flippingamericacomps.com</a> Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at <a href="http://flippingamericareia.com" rel="nofollow" target="_blank">flippingamericareia.com</a>.  </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities. </li> <li>“Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. <a href="http://bit.ly/requickstart" rel="nofollow" target="_blank">bit.ly/requickstart</a>.</li> </ul> News:  <ul> <li>The answer is “no.” <a href="https://www.housingwire.com/articles/has-bloomberg-gotten-anything-right-about-housing/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/has-bloomberg-gotten-anything-right-about-housing/</a></li> <li>Redfin launches Redfin Premier - to select markets. <a href="https://www.housingwire.com/articles/housing-headlines-redfin-expands-launches-redfin-premier/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/housing-headlines-redfin-expands-launches-redfin-premier/</a></li> <li>Opportunity Zones seem to be working. <a href="https://www.attomdata.com/news/market-trends/figuresfriday/opportunity-zones-seeing-the-greatest-growth/" rel="nofollow" target="_blank"> https://www.attomdata.com/news/market-trends/figuresfriday/opportunity-zones-seeing-the-greatest-growth/</a></li> </ul> Guest: Burton Alicando Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Kyle, Atlanta, GA “What are the criteria you use for the inexpensive houses you buy around the country?”</li> <li>Felicia, Hampton, GA “How did you fix and flip 100 houses in a single year? I can do maybe 8.”</li> </ul> Motivational Thoughts for the day “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” Franklin D. Roosevelt

Flipping America 340 PropStream with Burton Alicando

FAR 277 Fantastic Deals and Where to Find Them Opening: I just finished up my new eBook, “Fantastic Deals and Where to Find Them” and today you are in for a bit of a special treat. The ebook will be available in the Kindle store and as an audio book. In the interest of maximizing time management and killing two birds with one stone I’m going to read the first half of the book on the show today and finish on our next show. Yeah it’s an eBook, so this is not a long read.  How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements:  Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News:   https://www.realtor.com/news/trends/foreclosure-filings-are-falling-fast-except-in-these-cities/  https://www.housingwire.com/articles/49855-keller-offers-teams-with-offerpad-to-expand-ibuying-presence  https://www.housingwire.com/articles/49841-eisman-famed-for-shorting-subprime-explains-why-hes-betting-against-zillow  https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized  https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized  https://www.cnbc.com/video/2019/07/22/thailand-is-top-destination-for-chinese-real-estate-investors-juwai.html https://www.cnbc.com/commercial-real-estate/  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day     “As a young man I was scornful about the supernatural but as I have got older, the sharp line that divided the credible from the incredible has tended to blur; I am aware that the whole world is slightly incredible” -Colin Wilson  

FAR 277 Fantastic Deals and Where to Find Them Opening: I just finished up my new eBook, “Fantastic Deals and Where to Find Them” and today you are in for a bit of a special treat. The ebook will be available in the Kindle store and as an audio book. In the interest of maximizing time management and killing two birds with one stone I’m going to read the first half of the book on the show today and finish on our next show. Yeah it’s an eBook, so this is not a long read.  How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>My latest article in Forbes is out. <a href="http://bit.ly/findredeals" rel="nofollow" target="_blank">bit.ly/findredeals</a>.</li> <li>The FAN is here!</li> <li>Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: <ul> <li><a href="https://www.realtor.com/news/trends/foreclosure-filings-are-falling-fast-except-in-these-cities/" rel="nofollow" target="_blank"> https://www.realtor.com/news/trends/foreclosure-filings-are-falling-fast-except-in-these-cities/</a></li> <li><a href="https://www.housingwire.com/articles/49855-keller-offers-teams-with-offerpad-to-expand-ibuying-presence" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/49855-keller-offers-teams-with-offerpad-to-expand-ibuying-presence</a></li> <li><a href="https://www.housingwire.com/articles/49841-eisman-famed-for-shorting-subprime-explains-why-hes-betting-against-zillow" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/49841-eisman-famed-for-shorting-subprime-explains-why-hes-betting-against-zillow</a></li> <li><a href="https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized</a></li> <li><a href="https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized</a></li> <li><a href="https://www.cnbc.com/video/2019/07/22/thailand-is-top-destination-for-chinese-real-estate-investors-juwai.html" rel="nofollow" target="_blank"> https://www.cnbc.com/video/2019/07/22/thailand-is-top-destination-for-chinese-real-estate-investors-juwai.html</a></li> <li><a href="https://www.cnbc.com/commercial-real-estate/" rel="nofollow" target="_blank">https://www.cnbc.com/commercial-real-estate/</a></li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day <ul> <li> “As a young man I was scornful about the supernatural but as I have got older, the sharp line that divided the credible from the incredible has tended to blur; I am aware that the whole world is slightly incredible” -Colin Wilson </li> </ul>

Flipping America 277 Fantastic Deals and Where to Find Them, Pt 1

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today as we open the subject, I’m going to share with you how we have tentatively outlined the subject, listed programs, websites, and apps to check out, and how we are going to open this up for YOU to contribute to the listings. This will likely become an ongoing feature of the show. We certainly won’t cover everything today or even next time, but we know it’s an important part of investing so we are going to make it a regular topic.  How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements:  Lunch with me every Wednesday. Baraonda The FAN is here! Would you like to invest with the Flipping America Guy? We are looking for select partners on multiple projects. Contact us roger@rogerblankenship.com or go to rogerblankenship.com/invest. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  The Flipping America Network app is available. Download for free. FlippingAmericaNetwork -- all one word. Create your profile for free. List properties, browse properties. When you buy or when you sell your cost is $100.   Topic: RE Tech The Purpose of Technology It’s not a replacement.  Doesn’t replace understanding    what a deal is. The process of getting a deal done   Doesn’t create common sense - comps. Doesn’t replace the need to build relationships. Won’t go see properties for you, although we are getting closer on that all the time. It may suggest a solution, but it won’t make a decision (and we don’t want it to).  It’s a Tool  Automate procedures Speed up processes Analyze big data sets Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it’s done, the same process can be repeated much faster in the future.)   RE Tech: Software  Branded RE sites and apps   Realtor.com Trulia.com Zillow.com Redfin.com Remax.com Keller Williams Homes for Sale, Rent app Century 21 Local USHUD Foreclosure Home Search Homesnap Hotpads Realty One app StreetEasy NYC Rentals HAR Texas Real Estate Movoto Real Estate HomeSpotter Real Estate Owners.com ERA Real Estate GoMLS Room8 LoopNet  Idealista Estately Real Estate Search BHG Real Estate Homes CoStar Commercial Airbnb RadPad PropertiesBook Real Estate Millions Mapped Real Estate Compass Real Estate - Homes Xome   PropStream Privy  Remine app. Not for the small budget    Software for Property Information and Valuation  Driving for Dollars Apps. Deal Analyzers, including spreadsheets people sell Financial calculators Pinpoint Profits, connected investors Website templates   Software for Prospecting  Land Glide Road Warriors Driving for Dollars MileLogger - Mileage Tracker RealEstate Profinder HomeScout HomeTrust Real Estate (off market properties) Deal Machine App BirdDogBot.com REI Skip   DealCheck DealCrunch Property Analyzer Syndicated Deal Analyzer, Mike Blank, http://www.syndicateddealanalyzer.com RehabValuator, Daniil Kleyman HouseFlippingSpreadsheet.com Dave Robertson   Mortgage Calculator by QL Loan Calculator PowerOne FE   Carrot.com www.wix.com/Real-Estate/Free-Templates‎ www.cribflyer.com/‎ www.intagent.com/‎ Colorlib.com themeforest.net Templatemonster.com  https://donedealwebsite.com/real-estate-investor-websites/   Construction Mgt. Estimation Software Rental Mgt. RE Investing Business Mgt RE Brokerage Contracts   Software for Management  Contractor tools Fieldwire Construction Management Contractor Foreman Procore Buildertrend Smartsheet Raken Construction Management  Project Construction Estimator Magical Home Plans   RECalc Mortgage Calculator DealCheck Rehab property Calculator Mogul Real Estate Calculator Scoper Rehab Calculator Mastery App NYC Closing Estimator HomeAdvisor Google “construction estimator” for a bunch more   Landlord Tycoon Landlordy Property Management Stessa Rentredi  Cozy.co   RealeFlow FreedomSoft (or similar)   Real Estate Exam for Dummies App Real Estate Exam Practice Real Estate Dictionary Real Estate Exam Prep  Real Estate Pocket Prep Premiere Agen, RE CRM RPR Mobile (Realtors only) FlexMLS (Realtors only) Showing Time Supra eKey MoveTo RedX Arch Agent LandVoice Sales Genie   Docusign Dotloop Sign In and Send PDF   Attom Data CoreLogic HousingWire SM2 RP Data Pro TopConnector Property Passbook   Data Sources  Connected Investors, website and app Bigger Pockets Inman RIS Media Trulia’s Blog RedFin blog Zillow PorchLight Geek Estate Property Cluster Realtor.com Bisnow.com The Bigger Pockets 1000 Watt  Lighter Side of Real Estate Epic Real Estate Home Warranties  Power Site Blog    Blogs  FlippIt! - House Flipper Landlord Tycoon Real Estate Mogul Real Estate Tycoon Business   Games  Fundrise Landa  GROUNDFLOOR  Patch of Land Iintoo.com Dadlpinvestments.com Cadre  Arbor Crowd RealCrowd CrowdStreet PeerStreet Small Change RealtyMogul   Investing Sites  Auction.com and app Hubzu.com and app HUD Home Store.com Realtybid.com XOME.com Ontario HiBid   Auctions  RealEstate Templates for Pages   Miscellaneous Software and Apps  Hardware  Measuring devices   Arrim   Key Hero   Construction tools  Smart Home stuff.    Tech for the rehabbed house  News: Bidding wars are taking a strange turn in the fall housing market  https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html Confidence in housing weakens just as homes become more affordable  https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html The top 10 best places to retire  https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html SoftBank CEO 'embarrassed' by results of his tech investments  https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/ Leaders in real estate technology predict the future of home buying  https://www.valuewalk.com/2019/10/real-estate-technology/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day     “The ones who are crazy enough to think they can change the world are the ones that do.” --Anonymous  

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today as we open the subject, I’m going to share with you how we have tentatively outlined the subject, listed programs, websites, and apps to check out, and how we are going to open this up for YOU to contribute to the listings. This will likely become an ongoing feature of the show. We certainly won’t cover everything today or even next time, but we know it’s an important part of investing so we are going to make it a regular topic.  How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>The FAN is here!</li> <li>Would you like to invest with the Flipping America Guy? We are looking for select partners on multiple projects. Contact us <a href="mailto:roger@rogerblankenship.com">roger@rogerblankenship.com</a> or go to <a href="http://rogerblankenship.com/invest" rel="nofollow" target="_blank">rogerblankenship.com/invest</a>.</li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm. </li> <li>The Flipping America Network app is available. Download for free. FlippingAmericaNetwork -- all one word. Create your profile for free. List properties, browse properties. When you buy or when you sell your cost is $100. </li> </ul> Topic: RE Tech The Purpose of Technology It’s not a replacement. <ol> <li>Doesn’t replace understanding </li> <li> <ol> <li>what a deal is.</li> <li>The process of getting a deal done</li> </ol> </li> <li>Doesn’t create common sense - comps.</li> <li>Doesn’t replace the need to build relationships.</li> <li>Won’t go see properties for you, although we are getting closer on that all the time.</li> <li>It may suggest a solution, but it won’t make a decision (and we don’t want it to).</li> </ol> It’s a Tool <ol> <li>Automate procedures</li> <li>Speed up processes</li> <li>Analyze big data sets</li> <li>Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it’s done, the same process can be repeated much faster in the future.) </li> </ol> RE Tech: Software <ol> <li>Branded RE sites and apps</li> <li> <ol> <li><a href="http://Realtor.com" rel="nofollow" target="_blank">Realtor.com</a></li> <li><a href="http://Trulia.com" rel="nofollow" target="_blank">Trulia.com</a></li> <li><a href="http://Zillow.com" rel="nofollow" target="_blank">Zillow.com</a></li> <li><a href="http://Redfin.com" rel="nofollow" target="_blank">Redfin.com</a></li> <li><a href="http://Remax.com" rel="nofollow" target="_blank">Remax.com</a></li> <li>Keller Williams</li> <li>Homes for Sale, Rent app</li> <li>Century 21 Local</li> <li>USHUD Foreclosure Home Search</li> <li>Homesnap</li> <li>Hotpads</li> <li>Realty One app</li> <li>StreetEasy NYC Rentals</li> <li>HAR Texas Real Estate</li> <li>Movoto Real Estate</li> <li>HomeSpotter Real Estate</li> <li><a href="http://Owners.com" rel="nofollow" target="_blank">Owners.com</a></li> <li>ERA Real Estate</li> <li>GoMLS</li> <li>Room8</li> <li>LoopNet </li> <li>Idealista</li> <li>Estately Real Estate Search</li> <li>BHG Real Estate Homes</li> <li>CoStar Commercial</li> <li>Airbnb</li> <li>RadPad</li> <li>PropertiesBook Real Estate</li> <li>Millions Mapped Real Estate</li> <li>Compass Real Estate - Homes</li> <li>Xome</li> </ol> <ol> <li>PropStream</li> <li>Privy </li> <li>Remine app. Not for the small budget </li> </ol> </li> <li>Software for Property Information and Valuation <ol> <li>Driving for Dollars Apps.</li> <li>Deal Analyzers, including spreadsheets people sell</li> <li>Financial calculators</li> <li>Pinpoint Profits, connected investors</li> <li>Website templates</li> </ol> </li> <li>Software for Prospecting <ol> <li>Land Glide</li> <li>Road Warriors</li> <li>Driving for Dollars</li> <li>MileLogger - Mileage Tracker</li> <li>RealEstate Profinder</li> <li>HomeScout</li> <li>HomeTrust Real Estate (off market properties)</li> <li>Deal Machine App</li> <li><a href="http://BirdDogBot.com" rel="nofollow" target="_blank">BirdDogBot.com</a></li> <li>REI Skip</li> </ol> <ol> <li>DealCheck</li> <li>DealCrunch Property Analyzer</li> <li>Syndicated Deal Analyzer, Mike Blank, <a href="http://www.syndicateddealanalyzer.com/" rel="nofollow" target="_blank">http://www.syndicateddealanalyzer.com</a></li> <li>RehabValuator, Daniil Kleyman</li> <li><a href="http://HouseFlippingSpreadsheet.com" rel="nofollow" target="_blank">HouseFlippingSpreadsheet.com</a> Dave Robertson</li> </ol> <ol> <li>Mortgage Calculator by QL</li> <li>Loan Calculator</li> <li>PowerOne FE</li> </ol> <ol> <li><a href="http://Carrot.com" rel="nofollow" target="_blank">Carrot.com</a></li> <li><a href="http://www.wix.com/Real-Estate/Free-Templates‎" rel="nofollow" target="_blank">www.wix.com/Real-Estate/Free-Templates‎</a></li> <li><a href="http://www.cribflyer.com/‎" rel="nofollow" target="_blank">www.cribflyer.com/‎</a></li> <li><a href="http://www.intagent.com/‎" rel="nofollow" target="_blank">www.intagent.com/‎</a></li> <li><a href="http://Colorlib.com" rel="nofollow" target="_blank">Colorlib.com</a></li> <li><a href="http://themeforest.net" rel="nofollow" target="_blank">themeforest.net</a></li> <li><a href="http://Templatemonster.com" rel="nofollow" target="_blank">Templatemonster.com</a></li> <li><a href="https://donedealwebsite.com/real-estate-investor-websites/" rel="nofollow" target="_blank"> https://donedealwebsite.com/real-estate-investor-websites/</a></li> </ol> <ol> <li>Construction Mgt.</li> <li>Estimation Software</li> <li>Rental Mgt.</li> <li>RE Investing Business Mgt</li> <li>RE Brokerage</li> <li>Contracts</li> </ol> </li> <li>Software for Management <ol> <li>Contractor tools</li> <li>Fieldwire Construction Management</li> <li>Contractor Foreman</li> <li>Procore</li> <li>Buildertrend</li> <li>Smartsheet</li> <li>Raken Construction Management </li> <li>Project Construction Estimator</li> <li>Magical Home Plans</li> </ol> <ol> <li>RECalc Mortgage Calculator</li> <li>DealCheck</li> <li>Rehab property Calculator</li> <li>Mogul Real Estate Calculator</li> <li>Scoper</li> <li>Rehab Calculator</li> <li>Mastery App</li> <li>NYC Closing Estimator</li> <li>HomeAdvisor</li> <li>Google “construction estimator” for a bunch more</li> </ol> <ol> <li>Landlord Tycoon</li> <li>Landlordy Property Management</li> <li>Stessa</li> <li>Rentredi </li> <li><a href="http://Cozy.co" rel="nofollow" target="_blank">Cozy.co</a></li> </ol> <ol> <li>RealeFlow</li> <li>FreedomSoft (or similar)</li> </ol> <ol> <li>Real Estate Exam for Dummies App</li> <li>Real Estate Exam Practice</li> <li>Real Estate Dictionary</li> <li>Real Estate Exam Prep </li> <li>Real Estate Pocket Prep</li> <li>Premiere Agen, RE CRM</li> <li>RPR Mobile (Realtors only)</li> <li>FlexMLS (Realtors only)</li> <li>Showing Time</li> <li>Supra eKey</li> <li>MoveTo</li> <li>RedX</li> <li>Arch Agent</li> <li>LandVoice</li> <li>Sales Genie</li> </ol> <ol> <li>Docusign</li> <li>Dotloop</li> <li>Sign In and Send PDF</li> </ol> <ol> <li>Attom Data</li> <li>CoreLogic</li> <li>HousingWire</li> <li>SM2</li> <li>RP Data Pro</li> <li>TopConnector</li> <li>Property Passbook</li> </ol> </li> <li>Data Sources <ol> <li>Connected Investors, website and app</li> <li>Bigger Pockets</li> <li>Inman</li> <li>RIS Media</li> <li>Trulia’s Blog</li> <li>RedFin blog</li> <li>Zillow PorchLight</li> <li>Geek Estate</li> <li>Property Cluster</li> <li><a href="http://Realtor.com" rel="nofollow" target="_blank">Realtor.com</a></li> <li><a href="http://Bisnow.com" rel="nofollow" target="_blank">Bisnow.com</a></li> <li>The Bigger Pockets</li> <li>1000 Watt </li> <li>Lighter Side of Real Estate</li> <li>Epic Real Estate</li> <li>Home Warranties </li> <li>Power Site Blog </li> </ol> </li> <li>Blogs <ol> <li>FlippIt! - House Flipper</li> <li>Landlord Tycoon</li> <li>Real Estate Mogul</li> <li>Real Estate Tycoon Business</li> </ol> </li> <li>Games <ol> <li>Fundrise</li> <li>Landa </li> <li>GROUNDFLOOR </li> <li>Patch of Land</li> <li><a href="http://Iintoo.com" rel="nofollow" target="_blank">Iintoo.com</a></li> <li><a href="http://Dadlpinvestments.com" rel="nofollow" target="_blank">Dadlpinvestments.com</a></li> <li>Cadre </li> <li>Arbor Crowd</li> <li>RealCrowd</li> <li>CrowdStreet</li> <li>PeerStreet</li> <li>Small Change</li> <li>RealtyMogul</li> </ol> </li> <li>Investing Sites <ol> <li><a href="http://Auction.com" rel="nofollow" target="_blank">Auction.com</a> and app</li> <li><a href="http://Hubzu.com" rel="nofollow" target="_blank">Hubzu.com</a> and app</li> <li>HUD Home <a href="http://Store.com" rel="nofollow" target="_blank">Store.com</a></li> <li><a href="http://Realtybid.com" rel="nofollow" target="_blank">Realtybid.com</a></li> <li><a href="http://XOME.com" rel="nofollow" target="_blank">XOME.com</a></li> <li>Ontario HiBid</li> </ol> </li> <li>Auctions <ol> <li>RealEstate Templates for Pages</li> </ol> </li> <li>Miscellaneous Software and Apps</li> </ol> Hardware <ol> <li>Measuring devices</li> <li> <ol> <li>Arrim</li> </ol> <ol> <li>Key Hero</li> </ol> </li> <li>Construction tools <ol> <li>Smart Home stuff. </li> </ol> </li> <li>Tech for the rehabbed house</li> </ol> News: Bidding wars are taking a strange turn in the fall housing market <a href="https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html" rel="nofollow" target="_blank"> https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html</a> Confidence in housing weakens just as homes become more affordable <a href="https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html" rel="nofollow" target="_blank"> https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html</a> The top 10 best places to retire <a href="https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html" rel="nofollow" target="_blank"> https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html</a> SoftBank CEO 'embarrassed' by results of his tech investments <a href="https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/" rel="nofollow" target="_blank"> https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/</a> Leaders in real estate technology predict the future of home buying <a href="https://www.valuewalk.com/2019/10/real-estate-technology/" rel="nofollow" target="_blank"> https://www.valuewalk.com/2019/10/real-estate-technology/</a> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day <ul> <li> “The ones who are crazy enough to think they can change the world are the ones that do.” --Anonymous </li> </ul>

Flipping America 298, Real Estate Tech, Pt 1

Kathy Fettke

Kathy Fettke is back with us today discussing Real Estate Syndication. She will talk about what it is and a little bit about how to set it up. Very specifically what NOT to do. Then we are going to talk about a few of her current projects. If you are looking to invest passively in real estate projects, you want to stay tuned, because Kathy has a long history of success. She is credible, effective, and best of all, she will make you some money.  Before we get to that we have a very important announcement for you. As of Wednesday January 9, 2020, the Flipping America Real Estate Investors Association has officially begun. The website is live at flippingamericareia.com. I don’t know what your experience with a REIA is, but we hope you’ll give this one a try. You can join from anywhere in the country for as little as $10/month and you’ll have access to the presentations we do every Wednesday and Thursday in our meetings. You’ll have the option of joining us live and the presentations will be stored on the site for all members to access. We’ve researched this and as far as we can discover we are the first and only national REIA with a LOCAL focus. Groups are gathering around the country on Wednesdays and Thursdays and joining the meetings we are holding in Atlanta via a private video call.  Multiple levels of membership Vendor opportunities Leadership opportunity.  (FAREIA presentation) How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements:  The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area.   Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities.   News:   https://www.forbes.com/sites/heathersenison/2020/01/07/five-questions-your-real-estate-agent-legally-cannot-answer/#104d90c41755  Topic: Real estate syndication Your Questions: Send emails to questions@rogerblankenship.com  Alison, Pittsburgh, PA, “I’m having such a hard time finding a deal. It seems like every wholesaler is just charging whatever they want and getting it. What would you suggest?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day     “Being realistic is the most commonly traveled road to mediocrity.” Will Smith  

Kathy Fettke is back with us today discussing Real Estate Syndication. She will talk about what it is and a little bit about how to set it up. Very specifically what NOT to do. Then we are going to talk about a few of her current projects. If you are looking to invest passively in real estate projects, you want to stay tuned, because Kathy has a long history of success. She is credible, effective, and best of all, she will make you some money.  Before we get to that we have a very important announcement for you. As of Wednesday January 9, 2020, the Flipping America Real Estate Investors Association has officially begun. The website is live at <a href="http://flippingamericareia.com" rel="nofollow" target="_blank">flippingamericareia.com</a>. I don’t know what your experience with a REIA is, but we hope you’ll give this one a try. You can join from anywhere in the country for as little as $10/month and you’ll have access to the presentations we do every Wednesday and Thursday in our meetings. You’ll have the option of joining us live and the presentations will be stored on the site for all members to access. We’ve researched this and as far as we can discover we are the first and only national REIA with a LOCAL focus. Groups are gathering around the country on Wednesdays and Thursdays and joining the meetings we are holding in Atlanta via a private video call.  Multiple levels of membership Vendor opportunities Leadership opportunity.  (FAREIA presentation) How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area.  </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities. </li> </ul> News: <ul> <li><a href="https://www.forbes.com/sites/heathersenison/2020/01/07/five-questions-your-real-estate-agent-legally-cannot-answer/#104d90c41755" rel="nofollow" target="_blank"> https://www.forbes.com/sites/heathersenison/2020/01/07/five-questions-your-real-estate-agent-legally-cannot-answer/#104d90c41755</a></li> </ul> Topic: Real estate syndication Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Alison, Pittsburgh, PA, “I’m having such a hard time finding a deal. It seems like every wholesaler is just charging whatever they want and getting it. What would you suggest?”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day <ul> <li> “Being realistic is the most commonly traveled road to mediocrity.” Will Smith </li> </ul>

Flipping America 325, Real Estate Syndication with Kathy Fettke

We are continuing today with our year-  end series on “Best Places.” Today we discuss the best places to own a short-term rental. AirBnB is the dominant player in the short term rental provider, but we should also mention VRBO, Vacation Rentals By Owner, and a variety of other AirBnb Competitors. In fact I’m going to share a list of them with you and try to list the distinctive differences, if any. But make sure you pay attention to the news. AirBnB is getting hammered in some cities, who in spite of their rhetoric seem to have found another revenue stream for themselves.    How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements:  We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News: Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company’s presumed IPO next year  https://www.cnbc.com/2019/12/03/in-boston-airbnb-tasked-with-removing-thousands-of-illegal-listings.html FHA Loan Limits Are Increasing in 2020  https://magazine.realtor/daily-news/2019/12/06/fha-loan-limits-are-increasing-in-2020 6 Global Tech Startups to Watch in Real Estate  https://magazine.realtor/daily-news/2019/12/10/6-global-tech-startups-to-watch-in-real-estate Cash-Out Refinancing Jumps; Homeowners Tap $36B In Equity  https://www.forbes.com/sites/alyyale/2019/12/10/cash-out-refinancing-jumps-homeowners-tap-36b-in-equity/#54480e9a646c Know In Which Real Estate Market to Inves  https://money.usnews.com/investing/real-estate-investments/articles/know-in-which-real-estate-market-to-invest Alternatives to AirBnB  https://www.tripping.com/industry/rental-companies/9-airbnb-competitors-that-you-should-know-about  https://www.curbed.com/2016/12/13/13933554/airbnb-vacation-rental-alternatives Topic: Best Places for AirBnB Best Cities to Buy Airbnb Investment Property  https://www.ipx1031.com/best-cities-to-buy-airbnb-investment-property/ Where Investors Are Taking Advantage of Airbnb 2019  https://smartasset.com/financial-advisor/where-investors-are-taking-advantage-of-short-term-rental-market-2019 The Most Profitable Airbnb Cities In The U.S.  https://www.forbes.com/sites/amydobson/2019/06/24/the-most-profitable-airbnb-locations-in-the-us/#e0c755322714 Airbnb Bliss: Top 10 Cities Where Vacation Rentals Rake in the Most Cash  https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/ SHORT-TERM RENTAL STRATEGY: BEST CITIES FOR AIRBNB RENTAL INCOME  https://www.mashvisor.com/blog/best-cities-for-airbnb-rental-income-2019/ Your Questions: Send emails to questions@rogerblankenship.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day     "How many times have you noticed that it's the little quiet moments in the midst of life that seem to give the rest extra-special meaning?" -Mr. Rogers  

We are continuing today with our year-  end series on “Best Places.” Today we discuss the best places to own a short-term rental. AirBnB is the dominant player in the short term rental provider, but we should also mention VRBO, Vacation Rentals By Owner, and a variety of other AirBnb Competitors. In fact I’m going to share a list of them with you and try to list the distinctive differences, if any. But make sure you pay attention to the news. AirBnB is getting hammered in some cities, who in spite of their rhetoric seem to have found another revenue stream for themselves.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Announcements: <ul> <li>We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company’s presumed IPO next year <a href="https://www.cnbc.com/2019/12/03/in-boston-airbnb-tasked-with-removing-thousands-of-illegal-listings.html" rel="nofollow" target="_blank"> https://www.cnbc.com/2019/12/03/in-boston-airbnb-tasked-with-removing-thousands-of-illegal-listings.html</a> FHA Loan Limits Are Increasing in 2020 <a href="https://magazine.realtor/daily-news/2019/12/06/fha-loan-limits-are-increasing-in-2020" rel="nofollow" target="_blank"> https://magazine.realtor/daily-news/2019/12/06/fha-loan-limits-are-increasing-in-2020</a> 6 Global Tech Startups to Watch in Real Estate <a href="https://magazine.realtor/daily-news/2019/12/10/6-global-tech-startups-to-watch-in-real-estate" rel="nofollow" target="_blank"> https://magazine.realtor/daily-news/2019/12/10/6-global-tech-startups-to-watch-in-real-estate</a> Cash-Out Refinancing Jumps; Homeowners Tap $36B In Equity <a href="https://www.forbes.com/sites/alyyale/2019/12/10/cash-out-refinancing-jumps-homeowners-tap-36b-in-equity/#54480e9a646c" rel="nofollow" target="_blank"> https://www.forbes.com/sites/alyyale/2019/12/10/cash-out-refinancing-jumps-homeowners-tap-36b-in-equity/#54480e9a646c</a> Know In Which Real Estate Market to Inves <a href="https://money.usnews.com/investing/real-estate-investments/articles/know-in-which-real-estate-market-to-invest" rel="nofollow" target="_blank"> https://money.usnews.com/investing/real-estate-investments/articles/know-in-which-real-estate-market-to-invest</a> Alternatives to AirBnB <a href="https://www.tripping.com/industry/rental-companies/9-airbnb-competitors-that-you-should-know-about" rel="nofollow" target="_blank"> https://www.tripping.com/industry/rental-companies/9-airbnb-competitors-that-you-should-know-about</a> <a href="https://www.curbed.com/2016/12/13/13933554/airbnb-vacation-rental-alternatives" rel="nofollow" target="_blank"> https://www.curbed.com/2016/12/13/13933554/airbnb-vacation-rental-alternatives</a> Topic: Best Places for AirBnB Best Cities to Buy Airbnb Investment Property <a href="https://www.ipx1031.com/best-cities-to-buy-airbnb-investment-property/" rel="nofollow" target="_blank"> https://www.ipx1031.com/best-cities-to-buy-airbnb-investment-property/</a> Where Investors Are Taking Advantage of Airbnb 2019 <a href="https://smartasset.com/financial-advisor/where-investors-are-taking-advantage-of-short-term-rental-market-2019" rel="nofollow" target="_blank"> https://smartasset.com/financial-advisor/where-investors-are-taking-advantage-of-short-term-rental-market-2019</a> The Most Profitable Airbnb Cities In The U.S. <a href="https://www.forbes.com/sites/amydobson/2019/06/24/the-most-profitable-airbnb-locations-in-the-us/#e0c755322714" rel="nofollow" target="_blank"> https://www.forbes.com/sites/amydobson/2019/06/24/the-most-profitable-airbnb-locations-in-the-us/#e0c755322714</a> Airbnb Bliss: Top 10 Cities Where Vacation Rentals Rake in the Most Cash <a href="https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/" rel="nofollow" target="_blank"> https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/</a> SHORT-TERM RENTAL STRATEGY: BEST CITIES FOR AIRBNB RENTAL INCOME <a href="https://www.mashvisor.com/blog/best-cities-for-airbnb-rental-income-2019/" rel="nofollow" target="_blank"> https://www.mashvisor.com/blog/best-cities-for-airbnb-rental-income-2019/</a> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day <ul> <li> "How many times have you noticed that it's the little quiet moments in the midst of life that seem to give the rest extra-special meaning?" -Mr. Rogers </li> </ul>

Show 315, The Best Places for Short-Term Rentals

Anne Amagrande

FAR 281 Anne Amagrande Opening: It’s possible to live in one place and invest in many others - even if you’re not a hedge fund! Our guest today, Anne Amagrande is doing just that. And with her success she’s creating something she calls the Win-Win-Win Scenario. I’ve been referring to it at the Triple Win, but also thinking about Win cubed. That last one may be a little too nerdy though. I’m excited Anne is going to be joining us today and we will be speaking with her in just a few minutes.    Anne was born and raised in a small southern California town outside Pasadena. Her Parents and Grandparents were entrepreneurs so she and her 3 sisters never had a chance, it was in their blood to be bold, creative and challenge the status quo. Anne gained a sense of business acumen at a young age while working in her parents and grandparents printing business.   After College Anne worked in Retail Logistics and Operations, working with one of the largest retailers in the world and later became certified as a Global Logistics Specialist rising through the ranks and landing in Distribution Center overseeing operations of Inbound freight for 63 stores in Southern California.   In her spare time, she found time to work within her true passion of Real Estate, Economics, and Finance. Upon entering Real Estate, Anne began flipping homes. After a while, she realized that it was not feeding her true desire to help others. Anne changed direction and sought a way to create a Win-Win-Win scenario. Along with her team, Anne created a truly unique system designed to create a Win-Win-Win model for Investors, Long term Residents, and locally owned and operated preferred Vendors, all while maintaining a profitable model for her business. Anne's moto: "When everyone wins the world is a better place".  How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Guest: Anne Amaagrande   Announcements:  Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News:  Is the US going to “buy” Greenland?  https://www.cnn.com/2019/08/16/business/how-much-greenland-cost-intl/index.html How Artificial Intelligence Can Help Real Estate Investors Buy And Sell More Intelligently.  https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/21/how-artificial-intelligence-can-help-real-estate-investors-buy-and-sell-more-intelligently/#53b08c543479 Real Estate Market Trends: All Flathead cities but Kalispell home sales past three years, May through July.  https://flatheadbeacon.com/2019/08/21/real-estate-market-trends-63/  The 25 Most Expensive Places to Live in the U.S. in 2019 Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019  https://www.forbes.com/sites/alyyale/2019/07/08/housing-market-check-in-6-expert-predictions-for-the-second-half-of-2019/#4b4857cd18ba       Is Real Estate Crowdfunding a Good Investment    https://twocents.lifehacker.com/is-real-estate-crowdfunding-a-good-investment-1837442049    10 Big-Deal Real Estate IPOs:   https://www.bisnow.com/national/news/capital-markets/10-big-deal-real-estate-ipos-100425   Your Questions: Send emails to questions@rogerblankenship.com  Nick, Houston, TX “I have a number of rentals in a part of town very popular with Hispanics. Am I required to know my tenants’ immigration status before renting to them?”  https://www.equalhousing.org/wp-content/uploads/2014/09/2012-Immigration-Status-FAQ.pdf  https://sparkrental.com/should-landlords-rent-to-illegal-immigrants/  https://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter1-2.html  https://www.biggerpockets.com/forums/52/topics/175254-need-to-check-if-tenant-is-legal-resident-in-the-us Cameron, Santa Monica, CA “I hear you talking about doing flips in other areas. I have opportunities here to buy homes both lightly and heavily damaged by wildfires. I have the cash I need to buy and renovate the properties. Are you saying I should not do this? It looks like I could make $100,000 or more on every deal.” Amelie, St. Simons Island, GA “Our community is small and since we are an island, not growing. Is it possible I could flip houses on the side even here?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day     “Do you want to know who you are? Don’t ask. Act! Action will delineate and define you.”  

FAR 281 Anne Amagrande Opening: It’s possible to live in one place and invest in many others - even if you’re not a hedge fund! Our guest today, Anne Amagrande is doing just that. And with her success she’s creating something she calls the Win-Win-Win Scenario. I’ve been referring to it at the Triple Win, but also thinking about Win cubed. That last one may be a little too nerdy though. I’m excited Anne is going to be joining us today and we will be speaking with her in just a few minutes.  Anne was born and raised in a small southern California town outside Pasadena. Her Parents and Grandparents were entrepreneurs so she and her 3 sisters never had a chance, it was in their blood to be bold, creative and challenge the status quo. Anne gained a sense of business acumen at a young age while working in her parents and grandparents printing business. After College Anne worked in Retail Logistics and Operations, working with one of the largest retailers in the world and later became certified as a Global Logistics Specialist rising through the ranks and landing in Distribution Center overseeing operations of Inbound freight for 63 stores in Southern California. In her spare time, she found time to work within her true passion of Real Estate, Economics, and Finance. Upon entering Real Estate, Anne began flipping homes. After a while, she realized that it was not feeding her true desire to help others. Anne changed direction and sought a way to create a Win-Win-Win scenario. Along with her team, Anne created a truly unique system designed to create a Win-Win-Win model for Investors, Long term Residents, and locally owned and operated preferred Vendors, all while maintaining a profitable model for her business. Anne's moto: "When everyone wins the world is a better place".  How to contact us <a href="http://www.RogerBlankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a> <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Guest: Anne Amaagrande Announcements: <ul> <li>Lunch with me every Wednesday. Baraonda</li> <li>My latest article in Forbes is out. <a href="http://bit.ly/findredeals" rel="nofollow" target="_blank">bit.ly/findredeals</a>.</li> <li>The FAN is here!</li> <li>Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: <ul> <li>Is the US going to “buy” Greenland? <a href="https://www.cnn.com/2019/08/16/business/how-much-greenland-cost-intl/index.html" rel="nofollow" target="_blank"> https://www.cnn.com/2019/08/16/business/how-much-greenland-cost-intl/index.html</a></li> <li>How Artificial Intelligence Can Help Real Estate Investors Buy And Sell More Intelligently. <a href="https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/21/how-artificial-intelligence-can-help-real-estate-investors-buy-and-sell-more-intelligently/#53b08c543479" rel="nofollow" target="_blank"> https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/21/how-artificial-intelligence-can-help-real-estate-investors-buy-and-sell-more-intelligently/#53b08c543479</a></li> <li>Real Estate Market Trends: All Flathead cities but Kalispell home sales past three years, May through July. <a href="https://flatheadbeacon.com/2019/08/21/real-estate-market-trends-63/" rel="nofollow" target="_blank"> https://flatheadbeacon.com/2019/08/21/real-estate-market-trends-63/</a></li> <li><a href="https://realestate.usnews.com/real-estate/slideshows/most-expensive-places-to-live-in-the-us" rel="nofollow" target="_blank"> The 25 Most Expensive Places to Live in the U.S. in 2019</a></li> <li>Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019 <a href="https://www.forbes.com/sites/alyyale/2019/07/08/housing-market-check-in-6-expert-predictions-for-the-second-half-of-2019/#4b4857cd18ba" rel="nofollow" target="_blank"> https://www.forbes.com/sites/alyyale/2019/07/08/housing-market-check-in-6-expert-predictions-for-the-second-half-of-2019/#4b4857cd18ba</a> </li> </ul> <ul> <li> <a href="https://twocents.lifehacker.com/is-real-estate-crowdfunding-a-good-investment-1837442049" rel="nofollow" target="_blank">Is Real Estate Crowdfunding a Good Investment </a></li> </ul> <a href="https://twocents.lifehacker.com/is-real-estate-crowdfunding-a-good-investment-1837442049" rel="nofollow" target="_blank"> https://twocents.lifehacker.com/is-real-estate-crowdfunding-a-good-investment-1837442049</a> <ul> <li>10 Big-Deal Real Estate IPOs:</li> </ul> <a href="https://www.bisnow.com/national/news/capital-markets/10-big-deal-real-estate-ipos-100425" rel="nofollow" target="_blank"> https://www.bisnow.com/national/news/capital-markets/10-big-deal-real-estate-ipos-100425</a> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Nick, Houston, TX “I have a number of rentals in a part of town very popular with Hispanics. Am I required to know my tenants’ immigration status before renting to them?”</li> <li><a href="https://www.equalhousing.org/wp-content/uploads/2014/09/2012-Immigration-Status-FAQ.pdf" rel="nofollow" target="_blank"> https://www.equalhousing.org/wp-content/uploads/2014/09/2012-Immigration-Status-FAQ.pdf</a></li> <li><a href="https://sparkrental.com/should-landlords-rent-to-illegal-immigrants/" rel="nofollow" target="_blank"> https://sparkrental.com/should-landlords-rent-to-illegal-immigrants/</a></li> <li><a href="https://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter1-2.html" rel="nofollow" target="_blank"> https://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter1-2.html</a></li> <li><a href="https://www.biggerpockets.com/forums/52/topics/175254-need-to-check-if-tenant-is-legal-resident-in-the-us" rel="nofollow" target="_blank"> https://www.biggerpockets.com/forums/52/topics/175254-need-to-check-if-tenant-is-legal-resident-in-the-us</a></li> <li>Cameron, Santa Monica, CA “I hear you talking about doing flips in other areas. I have opportunities here to buy homes both lightly and heavily damaged by wildfires. I have the cash I need to buy and renovate the properties. Are you saying I should not do this? It looks like I could make $100,000 or more on every deal.”</li> <li>Amelie, St. Simons Island, GA “Our community is small and since we are an island, not growing. Is it possible I could flip houses on the side even here?”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day <ul> <li> “Do you want to know who you are? Don’t ask. Act! Action will delineate and define you.” </li> </ul>

Flipping America 281 Anne Amagrande

Today is the annual multi-family wrap up show for 2019. We are going to update you on the latest multi-family news, give you a few thoughts and tips about investing in multi-family and end up the show sharing with you the best places in the US to buy them, according to the statistics we have available to us.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements:  We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News: iBuyers are not ripping consumers off. Are they?   https://www.housingwire.com/articles/are-ibuyers-ripping-off-sellers/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=80440425&amp;_hsenc=p2ANqtz--Ivv4N-06cJ6Yz8EgnhJVPFyVAGG3q4ra5f5D4clROph2f28A6P_0xsJJPZDJyPIxiZvAYhvfn5YlpHcyD_npv6LlTD_WytwIEaFbhrVmLyEJxfxc&amp;_hsmi=80440425 On the other hand… https://www.isoldmyhouse.com/ibuyers-guide/ And…  https://www.marketwatch.com/story/selling-your-home-to-an-ibuyer-could-cost-you-thousands-heres-why-2019-06-11 (11% less!) Expect Continued Economic Growth, Slower Real Estate Price Gains and Small Chance for Recession in 2020, According to Group of Top Economists  https://www.nar.realtor/newsroom/expect-continued-economic-growth-slower-real-estate-price-gains-and-small-chance-for-recession-in Multifamily REITs Are Once Again in Acquisition Mode  https://www.nreionline.com/multifamily/multifamily-reits-are-once-again-acquisition-mode Why Multifamily Investors Are Betting on Affordable Housing in 2020  https://www.multifamilyexecutive.com/business-finance/why-multifamily-investors-are-betting-on-affordable-housing-in-2020_o Will Apartments Be A Good Investment In 2020?  https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/will-apartments-be-a-good-investment-in-2020/#4af069453683 Five Reasons To Consider Investing In Residential Condos  https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/five-reasons-to-consider-investing-in-residential-condos/#50e15f3954c7 Topic: Best Places for Multi-family/Commercial Criteria:  Employment Growth Population Stability New apartment construction (less is better) Rent trends Vacancy rates Cap rates (the local market and the property itself) Cash flow http://milesdevelopmentgroup.com/buying-criteria/  http://www.themultifamilyinvestor.com/our-investment-criteria/  https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property  https://www.quora.com/What-are-key-purchasing-criteria-for-multi-family-apartment-building-investments  Best Places   https://www.multifamily.loans/apartment-finance-blog/what-are-the-best-cities-for-multifamily-investing  https://www.nreionline.com/multifamily/ranking-top-multifamily-markets  https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/  https://www.fortunebuilders.com/multifamily-investment-property/  Your Questions: Send emails to questions@rogerblankenship.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day     "Forgiveness is a strange thing. It can sometimes be easier to forgive our enemies than our friends. It can be hardest of all to forgive people we love. Like all of life's important coping skills, the ability to forgive and the capacity to let go of resentments most likely take root very early in our lives."     -Mr. Rogers  

Today is the annual multi-family wrap up show for 2019. We are going to update you on the latest multi-family news, give you a few thoughts and tips about investing in multi-family and end up the show sharing with you the best places in the US to buy them, according to the statistics we have available to us.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Announcements: <ul> <li>We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: iBuyers are not ripping consumers off. Are they?  <a href="https://www.housingwire.com/articles/are-ibuyers-ripping-off-sellers/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=80440425&amp;_hsenc=p2ANqtz--Ivv4N-06cJ6Yz8EgnhJVPFyVAGG3q4ra5f5D4clROph2f28A6P_0xsJJPZDJyPIxiZvAYhvfn5YlpHcyD_npv6LlTD_WytwIEaFbhrVmLyEJxfxc&amp;_hsmi=80440425" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/are-ibuyers-ripping-off-sellers/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=80440425&amp;_hsenc=p2ANqtz--Ivv4N-06cJ6Yz8EgnhJVPFyVAGG3q4ra5f5D4clROph2f28A6P_0xsJJPZDJyPIxiZvAYhvfn5YlpHcyD_npv6LlTD_WytwIEaFbhrVmLyEJxfxc&amp;_hsmi=80440425</a> On the other hand… <a href="https://www.isoldmyhouse.com/ibuyers-guide/" rel="nofollow" target="_blank">https://www.isoldmyhouse.com/ibuyers-guide/</a> And… <a href="https://www.marketwatch.com/story/selling-your-home-to-an-ibuyer-could-cost-you-thousands-heres-why-2019-06-11" rel="nofollow" target="_blank"> https://www.marketwatch.com/story/selling-your-home-to-an-ibuyer-could-cost-you-thousands-heres-why-2019-06-11</a> (11% less!) Expect Continued Economic Growth, Slower Real Estate Price Gains and Small Chance for Recession in 2020, According to Group of Top Economists <a href="https://www.nar.realtor/newsroom/expect-continued-economic-growth-slower-real-estate-price-gains-and-small-chance-for-recession-in" rel="nofollow" target="_blank"> https://www.nar.realtor/newsroom/expect-continued-economic-growth-slower-real-estate-price-gains-and-small-chance-for-recession-in</a> Multifamily REITs Are Once Again in Acquisition Mode <a href="https://www.nreionline.com/multifamily/multifamily-reits-are-once-again-acquisition-mode" rel="nofollow" target="_blank"> https://www.nreionline.com/multifamily/multifamily-reits-are-once-again-acquisition-mode</a> Why Multifamily Investors Are Betting on Affordable Housing in 2020 <a href="https://www.multifamilyexecutive.com/business-finance/why-multifamily-investors-are-betting-on-affordable-housing-in-2020_o" rel="nofollow" target="_blank"> https://www.multifamilyexecutive.com/business-finance/why-multifamily-investors-are-betting-on-affordable-housing-in-2020_o</a> Will Apartments Be A Good Investment In 2020? <a href="https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/will-apartments-be-a-good-investment-in-2020/#4af069453683" rel="nofollow" target="_blank"> https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/will-apartments-be-a-good-investment-in-2020/#4af069453683</a> Five Reasons To Consider Investing In Residential Condos <a href="https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/five-reasons-to-consider-investing-in-residential-condos/#50e15f3954c7" rel="nofollow" target="_blank"> https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/five-reasons-to-consider-investing-in-residential-condos/#50e15f3954c7</a> Topic: Best Places for Multi-family/Commercial Criteria: <ul> <li>Employment Growth</li> <li>Population Stability</li> <li>New apartment construction (less is better)</li> <li>Rent trends</li> <li>Vacancy rates</li> <li>Cap rates (the local market and the property itself)</li> <li>Cash flow</li> <li><a href="http://milesdevelopmentgroup.com/buying-criteria/" rel="nofollow" target="_blank">http://milesdevelopmentgroup.com/buying-criteria/</a></li> <li><a href="http://www.themultifamilyinvestor.com/our-investment-criteria/" rel="nofollow" target="_blank"> http://www.themultifamilyinvestor.com/our-investment-criteria/</a></li> <li><a href="https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property" rel="nofollow" target="_blank"> https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property</a></li> <li><a href="https://www.quora.com/What-are-key-purchasing-criteria-for-multi-family-apartment-building-investments" rel="nofollow" target="_blank"> https://www.quora.com/What-are-key-purchasing-criteria-for-multi-family-apartment-building-investments</a></li> </ul> Best Places <ul> <li><a href="https://www.multifamily.loans/apartment-finance-blog/what-are-the-best-cities-for-multifamily-investing" rel="nofollow" target="_blank"> https://www.multifamily.loans/apartment-finance-blog/what-are-the-best-cities-for-multifamily-investing</a></li> <li><a href="https://www.nreionline.com/multifamily/ranking-top-multifamily-markets" rel="nofollow" target="_blank"> https://www.nreionline.com/multifamily/ranking-top-multifamily-markets</a></li> <li><a href="https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/" rel="nofollow" target="_blank"> https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/</a></li> <li><a href="https://www.fortunebuilders.com/multifamily-investment-property/" rel="nofollow" target="_blank"> https://www.fortunebuilders.com/multifamily-investment-property/</a></li> </ul> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day <ul> <li> "Forgiveness is a strange thing. It can sometimes be easier to forgive our enemies than our friends. It can be hardest of all to forgive people we love. Like all of life's important coping skills, the ability to forgive and the capacity to let go of resentments most likely take root very early in our lives." </li> </ul> <ul> <li> -Mr. Rogers </li> </ul>

Flipping America 314, The Best Places for Multi-Family

We are continuing today with our shows to wrap up the year and look to the new year. Today I have a couple more lists for you - the top cities to invest in office space and the top 30 high-tech employment cities - also good places to invest in office space.  The primary focus for today’s show is the Market. Today we are looking at the overall economy. We will consider 2019 and peek ahead to 2020, but no predictions until the prediction show, coming up in a week. Next time we are going to zero in on the housing market and look back and peek forward like we are doing with the economy today.  To wrap up the year we are going to do the Crystal Ball show, where I make some predictions about 2020, and we will do the looking back, looking ahead show featuring some show guests from this past year.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding FlipCalcs: One property, Many possibilities.  Announcements:  We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.  Coming in 2020: The Flipping America REIA.    45 Weeks, 2 meetings per week.  15-20 minutes of focused content unavailable to the general public. 15-20 minutes of real estate and small business Q&amp;A. Wednesdays 12-2, Thursdays 7-9.  Local groups all over America joining the videocast at 1 and/or 8.     We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property.   News:  https://www.ccn.com/full-blown-us-housing-market-crisis-on-the-way/  https://www.housingwire.com/articles/heres-what-will-happen-in-multifamily-real-estate-in-2020/ FTC slaps duo with $6M fine for defrauding Section 8 renters  https://www.inman.com/2019/12/17/ftc-slaps-duo-with-6-million-fine-for-defrauding-section-8-renters/ The Nine Most Resilient U.S. Office Markets  https://www.nreionline.com/office/nine-most-resilient-us-office-markets  https://www.nreionline.com/office/overview-cbres-2019-tech-30-markets/gallery?curr=23&amp;slide=1 There Is Still Opportunity In Opportunity Zones  https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/17/there-is-still-opportunity-in-opportunity-zones/#2ed2c0767acd Topic: Market Report: Overall Economy Looking back at 2019   https://www.forbes.com/sites/billconerly/2019/08/15/how-bad-is-the-us-economy-in-2019/#2f49b7dd2e10  https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html  https://www.thebalance.com/us-economic-outlook-3305669  https://www.whitehouse.gov/articles/economy-reaches-longest-expansion-in-u-s-history-in-third-quarter-of-2019-beats-market-expectations/ https://ig.ft.com/sites/numbers/economies/us/ https://www.bbc.com/news/world-45827430  https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html  Looking ahead to 2020   https://www.bloomberg.com/news/features/2019-10-24/the-u-s-will-likely-avoid-recession-in-2020-here-s-why  https://www.washingtonpost.com/business/2019/12/15/us-economy-shakes-free-recession-fears-striking-turnaround-since-august/  https://www.thebalance.com/top-economic-predictions-for-the-next-10-years-3305699  https://markets.businessinsider.com/news/stocks/goldman-sachs-us-economy-2020-predictions-growth-jobs-recession-risk-2019-11-1028724040  https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html  https://fortune.com/2019/11/25/recession-coming-in-2020-us-economy-fortune-poll/  Summary: GDP numbers are good American economy dwarfs the world economy. Unemployment at 50-year low. Manufacturing is not strong. Tech and information is booming. Housing is stable (more next show). Interest rates will remain low. Inflation is in the goldilocks range. Your Questions: Send emails to questions@rogerblankenship.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day     "It's not the honors and the prizes and the fancy outsides of life which ultimately nourish our souls. It's the knowing that we can be trusted, that we never have to fear the truth, that the bedrock of our very being is good stuff." - Mr. Rogers  

We are continuing today with our shows to wrap up the year and look to the new year. Today I have a couple more lists for you - the top cities to invest in office space and the top 30 high-tech employment cities - also good places to invest in office space.  The primary focus for today’s show is the Market. Today we are looking at the overall economy. We will consider 2019 and peek ahead to 2020, but no predictions until the prediction show, coming up in a week. Next time we are going to zero in on the housing market and look back and peek forward like we are doing with the economy today.  To wrap up the year we are going to do the Crystal Ball show, where I make some predictions about 2020, and we will do the looking back, looking ahead show featuring some show guests from this past year.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> FlipCalcs: One property, Many possibilities.  Announcements: <ul> <li>We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. </li> <li>Coming in 2020: The Flipping America REIA. </li> <li> <ul> <li>45 Weeks, 2 meetings per week. </li> <li>15-20 minutes of focused content unavailable to the general public.</li> <li>15-20 minutes of real estate and small business Q&amp;A.</li> <li>Wednesdays 12-2, Thursdays 7-9. </li> <li>Local groups all over America joining the videocast at 1 and/or 8.  </li> </ul> </li> <li>We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property. </li> </ul> News: <a href="https://www.ccn.com/full-blown-us-housing-market-crisis-on-the-way/" rel="nofollow" target="_blank"> https://www.ccn.com/full-blown-us-housing-market-crisis-on-the-way/</a> <a href="https://www.housingwire.com/articles/heres-what-will-happen-in-multifamily-real-estate-in-2020/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/heres-what-will-happen-in-multifamily-real-estate-in-2020/</a> FTC slaps duo with $6M fine for defrauding Section 8 renters <a href="https://www.inman.com/2019/12/17/ftc-slaps-duo-with-6-million-fine-for-defrauding-section-8-renters/" rel="nofollow" target="_blank"> https://www.inman.com/2019/12/17/ftc-slaps-duo-with-6-million-fine-for-defrauding-section-8-renters/</a> The Nine Most Resilient U.S. Office Markets <a href="https://www.nreionline.com/office/nine-most-resilient-us-office-markets" rel="nofollow" target="_blank"> https://www.nreionline.com/office/nine-most-resilient-us-office-markets</a> <a href="https://www.nreionline.com/office/overview-cbres-2019-tech-30-markets/gallery?curr=23&amp;slide=1" rel="nofollow" target="_blank"> https://www.nreionline.com/office/overview-cbres-2019-tech-30-markets/gallery?curr=23&amp;slide=1</a> There Is Still Opportunity In Opportunity Zones <a href="https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/17/there-is-still-opportunity-in-opportunity-zones/#2ed2c0767acd" rel="nofollow" target="_blank"> https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/17/there-is-still-opportunity-in-opportunity-zones/#2ed2c0767acd</a> Topic: Market Report: Overall Economy Looking back at 2019 <ul> <li><a href="https://www.forbes.com/sites/billconerly/2019/08/15/how-bad-is-the-us-economy-in-2019/#2f49b7dd2e10" rel="nofollow" target="_blank"> https://www.forbes.com/sites/billconerly/2019/08/15/how-bad-is-the-us-economy-in-2019/#2f49b7dd2e10</a></li> <li><a href="https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html" rel="nofollow" target="_blank"> https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html</a></li> <li><a href="https://www.thebalance.com/us-economic-outlook-3305669" rel="nofollow" target="_blank"> https://www.thebalance.com/us-economic-outlook-3305669</a></li> <li><a href="https://www.whitehouse.gov/articles/economy-reaches-longest-expansion-in-u-s-history-in-third-quarter-of-2019-beats-market-expectations/" rel="nofollow" target="_blank"> https://www.whitehouse.gov/articles/economy-reaches-longest-expansion-in-u-s-history-in-third-quarter-of-2019-beats-market-expectations/</a></li> <li><a href="https://ig.ft.com/sites/numbers/economies/us/" rel="nofollow" target="_blank">https://ig.ft.com/sites/numbers/economies/us/</a></li> <li><a href="https://www.bbc.com/news/world-45827430" rel="nofollow" target="_blank">https://www.bbc.com/news/world-45827430</a></li> <li><a href="https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html" rel="nofollow" target="_blank"> https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html</a></li> </ul> Looking ahead to 2020 <ul> <li><a href="https://www.bloomberg.com/news/features/2019-10-24/the-u-s-will-likely-avoid-recession-in-2020-here-s-why" rel="nofollow" target="_blank"> https://www.bloomberg.com/news/features/2019-10-24/the-u-s-will-likely-avoid-recession-in-2020-here-s-why</a></li> <li><a href="https://www.washingtonpost.com/business/2019/12/15/us-economy-shakes-free-recession-fears-striking-turnaround-since-august/" rel="nofollow" target="_blank"> https://www.washingtonpost.com/business/2019/12/15/us-economy-shakes-free-recession-fears-striking-turnaround-since-august/</a></li> <li><a href="https://www.thebalance.com/top-economic-predictions-for-the-next-10-years-3305699" rel="nofollow" target="_blank"> https://www.thebalance.com/top-economic-predictions-for-the-next-10-years-3305699</a></li> <li><a href="https://markets.businessinsider.com/news/stocks/goldman-sachs-us-economy-2020-predictions-growth-jobs-recession-risk-2019-11-1028724040" rel="nofollow" target="_blank"> https://markets.businessinsider.com/news/stocks/goldman-sachs-us-economy-2020-predictions-growth-jobs-recession-risk-2019-11-1028724040</a></li> <li><a href="https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html" rel="nofollow" target="_blank"> https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html</a></li> <li><a href="https://fortune.com/2019/11/25/recession-coming-in-2020-us-economy-fortune-poll/" rel="nofollow" target="_blank"> https://fortune.com/2019/11/25/recession-coming-in-2020-us-economy-fortune-poll/</a></li> </ul> Summary: GDP numbers are good American economy dwarfs the world economy. Unemployment at 50-year low. Manufacturing is not strong. Tech and information is booming. Housing is stable (more next show). Interest rates will remain low. Inflation is in the goldilocks range. Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day <ul> <li> "It's not the honors and the prizes and the fancy outsides of life which ultimately nourish our souls. It's the knowing that we can be trusted, that we never have to fear the truth, that the bedrock of our very being is good stuff." - Mr. Rogers </li> </ul>

Show 317, The 2019 Market Report

Attention America, there is a NEW way to buy a house without a mortgage. It’s called FLEQ. We are working on getting someone from the company on the show, but I’m going to explain this unique approach to home ownership as best I can in a few minutes. Plus we have some real estate news for you today! FICO has changed the rules for credit scoring and don’t you just love that? And we have grouped several of your questions today that ask about other investment targets such as stocks.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements:  The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.   Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities.  “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.  News:   The new FICO rules shouldn’t affect most mortgage applications in 2020. Car loans and credit cards.  https://www.housingwire.com/articles/ficos-scoring-tweaks-wont-impact-most-mortgages/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82413990&amp;_hsenc=p2ANqtz--W0CZXyKhJi4V0kyY-zbHZ_zcX3veyEf3A0dJwwUwrLZlMmXU7JMyXG183MCP-0nfVYqhls5eZIKaLPOFQRoa9q_CjnzWRi1uAdiiCWv_dSRXpcCE&amp;_hsmi=82413990 FICO is broken  https://www.cnbc.com/2019/02/27/american-consumer-credit-rating-system-is-broken.html Diversity Required for Goldman Sachs IPO backing.  https://www.housingwire.com/articles/goldman-sachs-no-go-for-ipos-if-all-bros/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82376728&amp;_hsenc=p2ANqtz--xz68zlKWLLS7WB0Di8v-PEI6b3GsGXPd_m2CAYsIu9N56HKt_yG6t4ttHoOfMEJoKhJUI50Trtyl7YJF6NjkHQhfcposRkAT5r7PPCCzCz55yu_0&amp;_hsmi=82376728 Top Four Characteristics of Rental Houses  https://www.rentometer.com/articles/characteristics-of-the-best-rental-properties-for-beginners?utm_medium=email&amp;utm_source=mailchimp&amp;utm_campaign=non-sub-unconfirmed-email&amp;utm_term=012420&amp;utm_content=icymi&amp;utm_source=RoM+Production&amp;utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&amp;utm_medium=email&amp;utm_term=0_bf925df239-d93223e608-104525881 Make sure you speak with your tax advisor about these tax breaks for landlords.  https://www.rentometer.com/articles/8-tax-deductible-expenses-landlords-need-to-track?utm_medium=email&amp;utm_source=mailchimp&amp;utm_campaign=non-sub-unconfirmed-email&amp;utm_term=012420&amp;utm_content=icymi&amp;utm_source=RoM+Production&amp;utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&amp;utm_medium=email&amp;utm_term=0_bf925df239-d93223e608-104525881 Home seller profit hits a new high in 2019.  https://www.attomdata.com/news/market-trends/home-sales-prices/attom-data-solutions-year-end-2019-u-s-home-sales-report/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=SEO-News+Updates Foreclosures at a 15 year low.  https://www.attomdata.com/news/market-trends/foreclosures/attom-data-solutions-2019-year-end-u-s-foreclosure-market-report/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=SEO-News+Updates Here comes a new home purchase business model: FLEQ.  https://www.housingwire.com/articles/startup-plans-to-allow-consumers-to-purchase-homes-without-a-mortgage/ and  https://www.housingwire.com/articles/heres-how-to-use-fleq-to-buy-a-home-without-a-mortgage/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82197463&amp;_hsenc=p2ANqtz-8947O3xHP1jmNVXaOgQEVeRislSnuyyDPATD2rUenALO_GQDikEc0Zba6IjXfWb9MKCamU3zRGmFvhIc9TmA2yJfQWQqq7WbFxjfUEiIgw7bENeg8&amp;_hsmi=82197463 Renovation Mistakes  https://www.nerdwallet.com/blog/mortgages/renovations-decrease-home-value/ Fed to cut rates in 2020?  https://www.housingwire.com/articles/ubs-fed-may-cut-rate-three-times-in-2020/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=81986960&amp;_hsenc=p2ANqtz-_D9riLIllfv13TYG8O4jR9S6BlGM_E0J_onW2KFXSoX_N20Q0yUzz-6yZdvEOHSHm1zFOihhkHH1nfAHUA-fbZl6UCKPUB71SnwRB9lMQfNVbtr6Y&amp;_hsmi=81986960  Topic: Contractors  Resources: https://www.nascla.org/page/LicensingInfo Your Questions: Send emails to questions@rogerblankenship.com  Debbie, Las Vegas, NV, “The stock market gained 29% last year. Why would I invest in real estate?” Carolyn, Rupert, Idaho, “What do you mean when you say ‘balanced investment portfolio’?”  Jacob, Madison, WI, “How do your political views affect your investing decisions?” Connie, Greenville, SC, “Are the tariffs hurting real estate investors? If so, how?” William, Brooklyn, NY, “I get real estate and stock market shows. Why does no one do a show on commodities investing?”  Arthur, Indianapolis, IN, “Would you explain the difference between CAP rate and cash on cash return?”   Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The sooner you learn that life is not fair, the better off you'll be, because you'll spend less time railing against life's unfairness and feeling aggrieved and entitled, and more time figuring out how to maximize your assets, and your talents and how to deal with things that you're not very good at. - Condoleeza Rice

Attention America, there is a NEW way to buy a house without a mortgage. It’s called FLEQ. We are working on getting someone from the company on the show, but I’m going to explain this unique approach to home ownership as best I can in a few minutes. Plus we have some real estate news for you today! FICO has changed the rules for credit scoring and don’t you just love that? And we have grouped several of your questions today that ask about other investment targets such as stocks.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at <a href="http://flippingamericareia.com" rel="nofollow" target="_blank">flippingamericareia.com</a>.  </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities. </li> <li>“Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. <a href="http://bit.ly/requickstart" rel="nofollow" target="_blank">bit.ly/requickstart</a>.</li> </ul> News:  <ul> <li>The new FICO rules shouldn’t affect most mortgage applications in 2020. Car loans and credit cards. <a href="https://www.housingwire.com/articles/ficos-scoring-tweaks-wont-impact-most-mortgages/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82413990&amp;_hsenc=p2ANqtz--W0CZXyKhJi4V0kyY-zbHZ_zcX3veyEf3A0dJwwUwrLZlMmXU7JMyXG183MCP-0nfVYqhls5eZIKaLPOFQRoa9q_CjnzWRi1uAdiiCWv_dSRXpcCE&amp;_hsmi=82413990" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/ficos-scoring-tweaks-wont-impact-most-mortgages/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82413990&amp;_hsenc=p2ANqtz--W0CZXyKhJi4V0kyY-zbHZ_zcX3veyEf3A0dJwwUwrLZlMmXU7JMyXG183MCP-0nfVYqhls5eZIKaLPOFQRoa9q_CjnzWRi1uAdiiCWv_dSRXpcCE&amp;_hsmi=82413990</a></li> <li>FICO is broken <a href="https://www.cnbc.com/2019/02/27/american-consumer-credit-rating-system-is-broken.html" rel="nofollow" target="_blank"> https://www.cnbc.com/2019/02/27/american-consumer-credit-rating-system-is-broken.html</a></li> <li>Diversity Required for Goldman Sachs IPO backing. <a href="https://www.housingwire.com/articles/goldman-sachs-no-go-for-ipos-if-all-bros/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82376728&amp;_hsenc=p2ANqtz--xz68zlKWLLS7WB0Di8v-PEI6b3GsGXPd_m2CAYsIu9N56HKt_yG6t4ttHoOfMEJoKhJUI50Trtyl7YJF6NjkHQhfcposRkAT5r7PPCCzCz55yu_0&amp;_hsmi=82376728" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/goldman-sachs-no-go-for-ipos-if-all-bros/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82376728&amp;_hsenc=p2ANqtz--xz68zlKWLLS7WB0Di8v-PEI6b3GsGXPd_m2CAYsIu9N56HKt_yG6t4ttHoOfMEJoKhJUI50Trtyl7YJF6NjkHQhfcposRkAT5r7PPCCzCz55yu_0&amp;_hsmi=82376728</a></li> <li>Top Four Characteristics of Rental Houses <a href="https://www.rentometer.com/articles/characteristics-of-the-best-rental-properties-for-beginners?utm_medium=email&amp;utm_source=mailchimp&amp;utm_campaign=non-sub-unconfirmed-email&amp;utm_term=012420&amp;utm_content=icymi&amp;utm_source=RoM+Production&amp;utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&amp;utm_medium=email&amp;utm_term=0_bf925df239-d93223e608-104525881" rel="nofollow" target="_blank"> https://www.rentometer.com/articles/characteristics-of-the-best-rental-properties-for-beginners?utm_medium=email&amp;utm_source=mailchimp&amp;utm_campaign=non-sub-unconfirmed-email&amp;utm_term=012420&amp;utm_content=icymi&amp;utm_source=RoM+Production&amp;utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&amp;utm_medium=email&amp;utm_term=0_bf925df239-d93223e608-104525881</a></li> <li>Make sure you speak with your tax advisor about these tax breaks for landlords. <a href="https://www.rentometer.com/articles/8-tax-deductible-expenses-landlords-need-to-track?utm_medium=email&amp;utm_source=mailchimp&amp;utm_campaign=non-sub-unconfirmed-email&amp;utm_term=012420&amp;utm_content=icymi&amp;utm_source=RoM+Production&amp;utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&amp;utm_medium=email&amp;utm_term=0_bf925df239-d93223e608-104525881" rel="nofollow" target="_blank"> https://www.rentometer.com/articles/8-tax-deductible-expenses-landlords-need-to-track?utm_medium=email&amp;utm_source=mailchimp&amp;utm_campaign=non-sub-unconfirmed-email&amp;utm_term=012420&amp;utm_content=icymi&amp;utm_source=RoM+Production&amp;utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&amp;utm_medium=email&amp;utm_term=0_bf925df239-d93223e608-104525881</a></li> <li>Home seller profit hits a new high in 2019. <a href="https://www.attomdata.com/news/market-trends/home-sales-prices/attom-data-solutions-year-end-2019-u-s-home-sales-report/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=SEO-News+Updates" rel="nofollow" target="_blank"> https://www.attomdata.com/news/market-trends/home-sales-prices/attom-data-solutions-year-end-2019-u-s-home-sales-report/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=SEO-News+Updates</a></li> <li>Foreclosures at a 15 year low. <a href="https://www.attomdata.com/news/market-trends/foreclosures/attom-data-solutions-2019-year-end-u-s-foreclosure-market-report/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=SEO-News+Updates" rel="nofollow" target="_blank"> https://www.attomdata.com/news/market-trends/foreclosures/attom-data-solutions-2019-year-end-u-s-foreclosure-market-report/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=SEO-News+Updates</a></li> <li>Here comes a new home purchase business model: FLEQ. <a href="https://www.housingwire.com/articles/startup-plans-to-allow-consumers-to-purchase-homes-without-a-mortgage/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/startup-plans-to-allow-consumers-to-purchase-homes-without-a-mortgage/</a> and <a href="https://www.housingwire.com/articles/heres-how-to-use-fleq-to-buy-a-home-without-a-mortgage/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82197463&amp;_hsenc=p2ANqtz-8947O3xHP1jmNVXaOgQEVeRislSnuyyDPATD2rUenALO_GQDikEc0Zba6IjXfWb9MKCamU3zRGmFvhIc9TmA2yJfQWQqq7WbFxjfUEiIgw7bENeg8&amp;_hsmi=82197463" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/heres-how-to-use-fleq-to-buy-a-home-without-a-mortgage/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=82197463&amp;_hsenc=p2ANqtz-8947O3xHP1jmNVXaOgQEVeRislSnuyyDPATD2rUenALO_GQDikEc0Zba6IjXfWb9MKCamU3zRGmFvhIc9TmA2yJfQWQqq7WbFxjfUEiIgw7bENeg8&amp;_hsmi=82197463</a></li> <li>Renovation Mistakes <a href="https://www.nerdwallet.com/blog/mortgages/renovations-decrease-home-value/" rel="nofollow" target="_blank"> https://www.nerdwallet.com/blog/mortgages/renovations-decrease-home-value/</a></li> <li>Fed to cut rates in 2020? <a href="https://www.housingwire.com/articles/ubs-fed-may-cut-rate-three-times-in-2020/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=81986960&amp;_hsenc=p2ANqtz-_D9riLIllfv13TYG8O4jR9S6BlGM_E0J_onW2KFXSoX_N20Q0yUzz-6yZdvEOHSHm1zFOihhkHH1nfAHUA-fbZl6UCKPUB71SnwRB9lMQfNVbtr6Y&amp;_hsmi=81986960" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/ubs-fed-may-cut-rate-three-times-in-2020/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=81986960&amp;_hsenc=p2ANqtz-_D9riLIllfv13TYG8O4jR9S6BlGM_E0J_onW2KFXSoX_N20Q0yUzz-6yZdvEOHSHm1zFOihhkHH1nfAHUA-fbZl6UCKPUB71SnwRB9lMQfNVbtr6Y&amp;_hsmi=81986960</a></li> </ul> Topic: Contractors  Resources: <a href="https://www.nascla.org/page/LicensingInfo" rel="nofollow" target="_blank">https://www.nascla.org/page/LicensingInfo</a> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Debbie, Las Vegas, NV, “The stock market gained 29% last year. Why would I invest in real estate?”</li> <li>Carolyn, Rupert, Idaho, “What do you mean when you say ‘balanced investment portfolio’?” </li> <li>Jacob, Madison, WI, “How do your political views affect your investing decisions?”</li> <li>Connie, Greenville, SC, “Are the tariffs hurting real estate investors? If so, how?”</li> <li>William, Brooklyn, NY, “I get real estate and stock market shows. Why does no one do a show on commodities investing?” </li> <li>Arthur, Indianapolis, IN, “Would you explain the difference between CAP rate and cash on cash return?” </li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The sooner you learn that life is not fair, the better off you'll be, because you'll spend less time railing against life's unfairness and feeling aggrieved and entitled, and more time figuring out how to maximize your assets, and your talents and how to deal with things that you're not very good at. - Condoleeza Rice

Flipping America 331: Where to Invest?

One of the investment criteria used by nearly everyone across all asset classes is population growth. We want to know where people are leaving and TO where they are moving. If the communities receiving the influx of population has the job stability to accommodate the new people it’s going to need more housing. This is where we can step in either with flips, new construction, rental houses or apartments. So today we are going to take a look at populations trends across the United States.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Flipping America REIA. Membership is $100/year.      Free admission to all networking events (potential savings of $900)     15% off all live training events. (Typically priced around $500, for a savings of $75 each).     15% off all online courses (typically priced around $300, for a savings of $45 each).  We also have sponsor memberships which include all of the benefits of individual membership plus some great savings for sponsors.   Announcements:  The Flipping America REIA meets every Wednesday from 12-2 and Thursdays from 7-9. Members get access to the weekly dose of content, plus a live Q&amp;A with the Flipping America guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.    News: Metropolitan Median Area Prices and Affordability  https://www.nar.realtor/research-and-statistics/housing-statistics/metropolitan-median-area-prices-and-affordability Housing in 2020 will be most challenging for buyers: Economist  https://www.cnbc.com/video/2019/12/04/housing-in-2020-will-be-most-challenging-for-buyers-economist.html Top 8 Destinations for Winter Vacation Home Buyers  https://magazine.realtor/daily-news/2019/12/09/top-8-destinations-for-winter-vacation-home-buyers Shrinking Homes, More Millennial Buyers Top 2 U.S. Housing Market Predictions for 2020  https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php 10 Markets Expected to Explode in 5 Years  https://magazine.realtor/daily-news/2019/12/11/10-markets-expected-to-explode-in-5-years Topic: Population Trends   https://www.pewresearch.org/fact-tank/2019/04/11/6-demographic-trends-shaping-the-u-s-and-the-world-in-2019/  https://www.pewsocialtrends.org/essay/an-early-look-at-the-2020-electorate/  https://www.smithsonianmag.com/travel/the-changing-demographics-of-america-538284/  https://www.brookings.edu/blog/the-avenue/2018/12/21/us-population-growth-hits-80-year-low-capping-off-a-year-of-demographic-stagnation/  https://www.pewsocialtrends.org/topics/population-trends/ https://www.census.gov/programs-surveys/popproj.html  https://www.census.gov/newsroom/press-releases/2018/cb18-41-population-projections.html https://www.prb.org/aging-unitedstates-fact-sheet/  https://www.insurancejournal.com/news/national/2018/03/14/483198.htm  https://populationeducation.org/six-important-us-population-trends-will-shape-americas-future/  https://www.kff.org/other/state-indicator/distribution-by-age/?currentTimeframe=0&amp;sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D  https://www.livingfacts.org/en/topics/trends?utm_campaign=adwords_sustained&amp;utm_source=adwords&amp;utm_medium=paid&amp;utm_content=trends&amp;utm_term=ad2&amp;gclid=CjwKCAiA58fvBRAzEiwAQW-hzYU4pVK84N85BTLpLsmFSB9ziLXLm3eGp6wx3ARhoLya15oFwy-2FhoC9bwQAvD_BwE  https://www.escapehere.com/destination/the-15-most-unfriendly-cities-in-america/?utm_medium=cpc&amp;utm_source=google&amp;utm_campaign=EH_GGL_US_DESK-SearchETA&amp;utm_content=g_c_290431924708&amp;cus_widget=kwd-299238419439&amp;utm_term=people%20in%20the%20usa&amp;cus_teaser=&amp;utm_acid=6088014985&amp;utm_caid=854205535&amp;utm_agid=52249442811&amp;gclid=CjwKCAiA58fvBRAzEiwAQW-hzch9mutjXZnH-InwF7Re0uNnR4loi0Ld5XvSUf4Ct9tVraQduuoY5BoCVqAQAvD_BwE  https://www.pewresearch.org/fact-tank/2018/04/25/7-demographic-trends-shaping-the-u-s-and-the-world-in-2018/ https://www.census.gov/dataviz/visualizations/024/  https://www.ers.usda.gov/topics/rural-economy-population/population-migration/shifting-geography-of-population-change/  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day     "I don't think anyone can grow unless he's loved exactly as he is now, appreciated for what he is rather than what he will be." -Mr. Rogers  

One of the investment criteria used by nearly everyone across all asset classes is population growth. We want to know where people are leaving and TO where they are moving. If the communities receiving the influx of population has the job stability to accommodate the new people it’s going to need more housing. This is where we can step in either with flips, new construction, rental houses or apartments. So today we are going to take a look at populations trends across the United States.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Flipping America REIA. Membership is $100/year.      Free admission to all networking events (potential savings of $900)     15% off all live training events. (Typically priced around $500, for a savings of $75 each).     15% off all online courses (typically priced around $300, for a savings of $45 each).  We also have sponsor memberships which include all of the benefits of individual membership plus some great savings for sponsors.   Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from 12-2 and Thursdays from 7-9. Members get access to the weekly dose of content, plus a live Q&amp;A with the Flipping America guy. </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  </li> </ul> News: Metropolitan Median Area Prices and Affordability <a href="https://www.nar.realtor/research-and-statistics/housing-statistics/metropolitan-median-area-prices-and-affordability" rel="nofollow" target="_blank"> https://www.nar.realtor/research-and-statistics/housing-statistics/metropolitan-median-area-prices-and-affordability</a> Housing in 2020 will be most challenging for buyers: Economist <a href="https://www.cnbc.com/video/2019/12/04/housing-in-2020-will-be-most-challenging-for-buyers-economist.html" rel="nofollow" target="_blank"> https://www.cnbc.com/video/2019/12/04/housing-in-2020-will-be-most-challenging-for-buyers-economist.html</a> Top 8 Destinations for Winter Vacation Home Buyers <a href="https://magazine.realtor/daily-news/2019/12/09/top-8-destinations-for-winter-vacation-home-buyers" rel="nofollow" target="_blank"> https://magazine.realtor/daily-news/2019/12/09/top-8-destinations-for-winter-vacation-home-buyers</a> Shrinking Homes, More Millennial Buyers Top 2 U.S. Housing Market Predictions for 2020 <a href="https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php" rel="nofollow" target="_blank"> https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php</a> 10 Markets Expected to Explode in 5 Years <a href="https://magazine.realtor/daily-news/2019/12/11/10-markets-expected-to-explode-in-5-years" rel="nofollow" target="_blank"> https://magazine.realtor/daily-news/2019/12/11/10-markets-expected-to-explode-in-5-years</a> Topic: Population Trends <ul> <li><a href="https://www.pewresearch.org/fact-tank/2019/04/11/6-demographic-trends-shaping-the-u-s-and-the-world-in-2019/" rel="nofollow" target="_blank"> https://www.pewresearch.org/fact-tank/2019/04/11/6-demographic-trends-shaping-the-u-s-and-the-world-in-2019/</a></li> <li><a href="https://www.pewsocialtrends.org/essay/an-early-look-at-the-2020-electorate/" rel="nofollow" target="_blank"> https://www.pewsocialtrends.org/essay/an-early-look-at-the-2020-electorate/</a></li> <li><a href="https://www.smithsonianmag.com/travel/the-changing-demographics-of-america-538284/" rel="nofollow" target="_blank"> https://www.smithsonianmag.com/travel/the-changing-demographics-of-america-538284/</a></li> <li><a href="https://www.brookings.edu/blog/the-avenue/2018/12/21/us-population-growth-hits-80-year-low-capping-off-a-year-of-demographic-stagnation/" rel="nofollow" target="_blank"> https://www.brookings.edu/blog/the-avenue/2018/12/21/us-population-growth-hits-80-year-low-capping-off-a-year-of-demographic-stagnation/</a></li> <li><a href="https://www.pewsocialtrends.org/topics/population-trends/" rel="nofollow" target="_blank"> https://www.pewsocialtrends.org/topics/population-trends/</a></li> <li><a href="https://www.census.gov/programs-surveys/popproj.html" rel="nofollow" target="_blank">https://www.census.gov/programs-surveys/popproj.html</a></li> <li><a href="https://www.census.gov/newsroom/press-releases/2018/cb18-41-population-projections.html" rel="nofollow" target="_blank"> https://www.census.gov/newsroom/press-releases/2018/cb18-41-population-projections.html</a></li> <li><a href="https://www.prb.org/aging-unitedstates-fact-sheet/" rel="nofollow" target="_blank">https://www.prb.org/aging-unitedstates-fact-sheet/</a></li> <li><a href="https://www.insurancejournal.com/news/national/2018/03/14/483198.htm" rel="nofollow" target="_blank"> https://www.insurancejournal.com/news/national/2018/03/14/483198.htm</a></li> <li><a href="https://populationeducation.org/six-important-us-population-trends-will-shape-americas-future/" rel="nofollow" target="_blank"> https://populationeducation.org/six-important-us-population-trends-will-shape-americas-future/</a></li> <li><a href="https://www.kff.org/other/state-indicator/distribution-by-age/?currentTimeframe=0&amp;sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D" rel="nofollow" target="_blank"> https://www.kff.org/other/state-indicator/distribution-by-age/?currentTimeframe=0&amp;sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D</a></li> <li><a href="https://www.livingfacts.org/en/topics/trends?utm_campaign=adwords_sustained&amp;utm_source=adwords&amp;utm_medium=paid&amp;utm_content=trends&amp;utm_term=ad2&amp;gclid=CjwKCAiA58fvBRAzEiwAQW-hzYU4pVK84N85BTLpLsmFSB9ziLXLm3eGp6wx3ARhoLya15oFwy-2FhoC9bwQAvD_BwE" rel="nofollow" target="_blank"> https://www.livingfacts.org/en/topics/trends?utm_campaign=adwords_sustained&amp;utm_source=adwords&amp;utm_medium=paid&amp;utm_content=trends&amp;utm_term=ad2&amp;gclid=CjwKCAiA58fvBRAzEiwAQW-hzYU4pVK84N85BTLpLsmFSB9ziLXLm3eGp6wx3ARhoLya15oFwy-2FhoC9bwQAvD_BwE</a></li> <li><a href="https://www.escapehere.com/destination/the-15-most-unfriendly-cities-in-america/?utm_medium=cpc&amp;utm_source=google&amp;utm_campaign=EH_GGL_US_DESK-SearchETA&amp;utm_content=g_c_290431924708&amp;cus_widget=kwd-299238419439&amp;utm_term=people%20in%20the%20usa&amp;cus_teaser=&amp;utm_acid=6088014985&amp;utm_caid=854205535&amp;utm_agid=52249442811&amp;gclid=CjwKCAiA58fvBRAzEiwAQW-hzch9mutjXZnH-InwF7Re0uNnR4loi0Ld5XvSUf4Ct9tVraQduuoY5BoCVqAQAvD_BwE" rel="nofollow" target="_blank"> https://www.escapehere.com/destination/the-15-most-unfriendly-cities-in-america/?utm_medium=cpc&amp;utm_source=google&amp;utm_campaign=EH_GGL_US_DESK-SearchETA&amp;utm_content=g_c_290431924708&amp;cus_widget=kwd-299238419439&amp;utm_term=people%20in%20the%20usa&amp;cus_teaser=&amp;utm_acid=6088014985&amp;utm_caid=854205535&amp;utm_agid=52249442811&amp;gclid=CjwKCAiA58fvBRAzEiwAQW-hzch9mutjXZnH-InwF7Re0uNnR4loi0Ld5XvSUf4Ct9tVraQduuoY5BoCVqAQAvD_BwE</a></li> <li><a href="https://www.pewresearch.org/fact-tank/2018/04/25/7-demographic-trends-shaping-the-u-s-and-the-world-in-2018/" rel="nofollow" target="_blank"> https://www.pewresearch.org/fact-tank/2018/04/25/7-demographic-trends-shaping-the-u-s-and-the-world-in-2018/</a></li> <li><a href="https://www.census.gov/dataviz/visualizations/024/" rel="nofollow" target="_blank">https://www.census.gov/dataviz/visualizations/024/</a></li> <li><a href="https://www.ers.usda.gov/topics/rural-economy-population/population-migration/shifting-geography-of-population-change/" rel="nofollow" target="_blank"> https://www.ers.usda.gov/topics/rural-economy-population/population-migration/shifting-geography-of-population-change/</a></li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day <ul> <li> "I don't think anyone can grow unless he's loved exactly as he is now, appreciated for what he is rather than what he will be." -Mr. Rogers </li> </ul>

Flipping America 316, Population Trends

Today we are going to deal with one of the most often asked about topics that come to the show. Finding contractors. Or more specifically, finding GOOD contractors. A good contractor can make your business and a bad one can break it. Ask me how I know this. In a few minutes I will tell you what type of contractors you might need, how to find them, how to vet them, and how to manage them. All of this in response to questions from you!  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements:  The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.   Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities.  “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.  News: Are we heading toward recession?  From Goldman Sachs, Financial conditions continue to ease, which should be a tailwind for economic growth.  From HPS Insight, Consumer sentiment remains elevated Growth in revolving consumer credit is falling behind the increase in wages. According to TS Lombard, this indicator typically spikes heading into a recession or periods of perceived economic stress. TS Lombard John Burns Real Estate Consulting, Single Family construction permits continue to rise, now in the 9th year. (expansions typically last 2-5 years)  Topic: Contractors  Resources: https://www.nascla.org/page/LicensingInfo Your Questions: Send emails to questions@rogerblankenship.com  Arlene, Austin, TX, “I need help finding a good contractor. The guy I’ve been using has been ok, but he’s retiring.”  Sammy, Brookfield, WI, “Do I need to line up a contractor before I find a deal? If so, how do I do that? Kenneth, Lancaster, PA, “I was told to get three bids before beginning the work. I can’t even get someone to come out and give me one bid. How do you get three?” Michelle, Tampa, FL “I don’t have any problem finding contractors, but I need help knowing if they are any good. Can you offer some thoughts?” Wes, Jacksonville, FL, “What questions should I be sure to ask when I’m interviewing a contractor?” Beatrice, New Port Richey, FL, “What are the two or three most important things you look for when hiring a contractor?” Marcus, Boulder, CO, “How can I know whether the contractors are charging me a reasonable price?” Elliott, Pittsburgh, PA, “I was checking on a guy - seems like a real nice guy. But in the state records, I see he has had a couple of other companies that seem like they are in the same business. It’s almost like he shut down a company and then started another one just like the one before. Why would he do that and should this make me cautious?” Marilyn, Chattanooga, TN “I tell my contractor what I want, he says it won’t work and suggests something else, which I think will be ugly. We are talking about removing a wall. I want the beam up in the rafters and he says it’s too much trouble and expense. I don’t want the beam hanging down creating a visual divider. We had a big argument about it. When I came back to the site a couple of days later he was doing it the way he wanted. I lost my cool and yelled at him. He picked up his tools, loaded up his guys and left. Now I can’t get him back and he won’t answer his phone.” Peter, Baton Rouge, LA “Do you have a contract I could borrow? I need a template or something.” Juan, Pontiac, MI.. “How do you handle change orders?” Amero, Toledo, OH “We installed a new air conditioner unit outside. The next day it was stolen. The police don’t seem interested in trying to track this down - I guess they have more urgent things. They did tell me that the person who stole it knew how to disconnect it. What can I do to avoid this in the future?” Catherine, Kokomo, IN, “Can’t I just be my own general contractor and hire subs myself?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “There are TWO Rules for Success. 1. Never tell everything you know.” -Roger H. Lincoln

Today we are going to deal with one of the most often asked about topics that come to the show. Finding contractors. Or more specifically, finding GOOD contractors. A good contractor can make your business and a bad one can break it. Ask me how I know this. In a few minutes I will tell you what type of contractors you might need, how to find them, how to vet them, and how to manage them. All of this in response to questions from you!  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at <a href="http://flippingamericareia.com" rel="nofollow" target="_blank">flippingamericareia.com</a>.  </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities. </li> <li>“Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. <a href="http://bit.ly/requickstart" rel="nofollow" target="_blank">bit.ly/requickstart</a>.</li> </ul> News: Are we heading toward recession? <ul> <li>From Goldman Sachs, Financial conditions continue to ease, which should be a tailwind for economic growth. </li> <li>From HPS Insight, Consumer sentiment remains elevated</li> <li>Growth in revolving consumer credit is falling behind the increase in wages. According to TS Lombard, this indicator typically spikes heading into a recession or periods of perceived economic stress. TS Lombard</li> <li>John Burns Real Estate Consulting, Single Family construction permits continue to rise, now in the 9th year. (expansions typically last 2-5 years)</li> </ul> Topic: Contractors  Resources: <a href="https://www.nascla.org/page/LicensingInfo" rel="nofollow" target="_blank">https://www.nascla.org/page/LicensingInfo</a> Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Arlene, Austin, TX, “I need help finding a good contractor. The guy I’ve been using has been ok, but he’s retiring.” </li> <li>Sammy, Brookfield, WI, “Do I need to line up a contractor before I find a deal? If so, how do I do that?</li> <li>Kenneth, Lancaster, PA, “I was told to get three bids before beginning the work. I can’t even get someone to come out and give me one bid. How do you get three?”</li> <li>Michelle, Tampa, FL “I don’t have any problem finding contractors, but I need help knowing if they are any good. Can you offer some thoughts?”</li> <li>Wes, Jacksonville, FL, “What questions should I be sure to ask when I’m interviewing a contractor?”</li> <li>Beatrice, New Port Richey, FL, “What are the two or three most important things you look for when hiring a contractor?”</li> <li>Marcus, Boulder, CO, “How can I know whether the contractors are charging me a reasonable price?”</li> <li>Elliott, Pittsburgh, PA, “I was checking on a guy - seems like a real nice guy. But in the state records, I see he has had a couple of other companies that seem like they are in the same business. It’s almost like he shut down a company and then started another one just like the one before. Why would he do that and should this make me cautious?”</li> <li>Marilyn, Chattanooga, TN “I tell my contractor what I want, he says it won’t work and suggests something else, which I think will be ugly. We are talking about removing a wall. I want the beam up in the rafters and he says it’s too much trouble and expense. I don’t want the beam hanging down creating a visual divider. We had a big argument about it. When I came back to the site a couple of days later he was doing it the way he wanted. I lost my cool and yelled at him. He picked up his tools, loaded up his guys and left. Now I can’t get him back and he won’t answer his phone.”</li> <li>Peter, Baton Rouge, LA “Do you have a contract I could borrow? I need a template or something.”</li> <li>Juan, Pontiac, MI.. “How do you handle change orders?”</li> <li>Amero, Toledo, OH “We installed a new air conditioner unit outside. The next day it was stolen. The police don’t seem interested in trying to track this down - I guess they have more urgent things. They did tell me that the person who stole it knew how to disconnect it. What can I do to avoid this in the future?”</li> <li>Catherine, Kokomo, IN, “Can’t I just be my own general contractor and hire subs myself?”</li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “There are TWO Rules for Success. 1. Never tell everything you know.” -Roger H. Lincoln

Flipping America 329, Contractors

Michael Green

If you’re a regular listener to this show you know that I often ask my show guests what they really wanted to be when they grew up. My point behind this is to demonstrate that life doesn’t always turn out like we planned, but people have often found a nice “Plan B” in the realm of real estate. Today’s guest, Michael Green, saw a lite-nite infomercial with Carlton Sheets when he was thirteen years old and since that time, has wanted to be a real estate investor. He had some life detours - some BIG ones as you’re going to hear in a few minutes. But he stayed with that dream and today he is one of the more prolific and successful real estate investors in America.  Now for the next part: Michael is in a tough area to do this business - Baltimore, MD. There are a lot of investors and it’s either high price points or massive rehab budgets on mostly unsalvageable properties. At least that’s the reputation. But Michael is living proof that in spite of personal circumstances, in the face of a very competitive marketplace, and against big odds, perseverance will win the day. His story is coming up in a few minutes.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)    ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Real Estate Investing QuickStart Announcements:  The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.   Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities.  “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.  News:   Best Places inthe world to invest https://financesonline.com/real-estate-trends/ In the category called “that’s a stretch”  https://www.cnbc.com/2020/02/12/mini-mortgage-refinance-boom-continues-as-coronavirus-keeps-rates-low.html Stay in style with today’s tile.  https://realestate.usnews.com/real-estate/slideshows/tile-trends-for-your-home-in-2020 Remember - blame the dog!  https://realestate.usnews.com/real-estate/articles/whats-that-smell-in-my-house The 2019 top FinTech companies, according to Forbes:  https://www.housingwire.com/articles/forbes-names-most-innovative-fintech-companies-in-housing/ It may be deceptive, but it’s not going to stop.  https://www.housingwire.com/articles/opendoor-and-redfin-expand-homebuying-partnership-to-nine-new-cities/  Topic: Flip Factor, with Michael Green Your Questions: Send emails to questions@rogerblankenship.com  Alison, “I own a few pizza franchises, so I know a few things about business and property leasing. I’m looking at buying some turn-key rentals vs. dropping some money into an apartment deal. A friend of mine is raising the money. The money looks better on the apartment deal, way better,  but this would be my friend’s first apartment project. I’m not necessarily trusting his numbers to be realistic. Can you offer some guidance as to what to look for?   Rent rolls and leases P&amp;L from last year - all expenses.  Repair estimates.  Think “actual income” not “potential income”    Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day “Don’t wait to buy real estate. Buy real estate and wait.” -Will Rogers

If you’re a regular listener to this show you know that I often ask my show guests what they really wanted to be when they grew up. My point behind this is to demonstrate that life doesn’t always turn out like we planned, but people have often found a nice “Plan B” in the realm of real estate. Today’s guest, Michael Green, saw a lite-nite infomercial with Carlton Sheets when he was thirteen years old and since that time, has wanted to be a real estate investor. He had some life detours - some BIG ones as you’re going to hear in a few minutes. But he stayed with that dream and today he is one of the more prolific and successful real estate investors in America.  Now for the next part: Michael is in a tough area to do this business - Baltimore, MD. There are a lot of investors and it’s either high price points or massive rehab budgets on mostly unsalvageable properties. At least that’s the reputation. But Michael is living proof that in spite of personal circumstances, in the face of a very competitive marketplace, and against big odds, perseverance will win the day. His story is coming up in a few minutes.  How to contact us <a href="http://www.rogerblankenship.com" rel="nofollow" target="_blank">www.RogerBlankenship.com</a>. Leave a voicemail right from the home page! <a href="http://Facebook.com/flippingamericamedia" rel="nofollow" target="_blank">Facebook.com/flippingamericamedia</a> Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)    ext 1. Leave your message or your question.  Email your questions to <a href="mailto:questions@flippingamericanetwork.com">questions@rogerblankenship.com</a>. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: <a href="http://www.americanIRA.com" rel="nofollow" target="_blank">www.americanIRA.com</a> Civic Financial: <a href="http://bit.ly/CivicFunding" rel="nofollow" target="_blank">bit.ly/CivicFunding</a> Real Estate Investing QuickStart Announcements: <ul> <li>The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at <a href="http://flippingamericareia.com" rel="nofollow" target="_blank">flippingamericareia.com</a>.  </li> <li>Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.</li> <li>FlipCalcs allows you to enter one data set about a property and consider up to six deal ppossibilities. </li> <li>“Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. <a href="http://bit.ly/requickstart" rel="nofollow" target="_blank">bit.ly/requickstart</a>.</li> </ul> News:  <ul> <li>Best Places inthe world to invest <a href="https://financesonline.com/real-estate-trends/" rel="nofollow" target="_blank">https://financesonline.com/real-estate-trends/</a></li> <li>In the category called “that’s a stretch” <a href="https://www.cnbc.com/2020/02/12/mini-mortgage-refinance-boom-continues-as-coronavirus-keeps-rates-low.html" rel="nofollow" target="_blank"> https://www.cnbc.com/2020/02/12/mini-mortgage-refinance-boom-continues-as-coronavirus-keeps-rates-low.html</a></li> <li>Stay in style with today’s tile. <a href="https://realestate.usnews.com/real-estate/slideshows/tile-trends-for-your-home-in-2020" rel="nofollow" target="_blank"> https://realestate.usnews.com/real-estate/slideshows/tile-trends-for-your-home-in-2020</a></li> <li>Remember - blame the dog! <a href="https://realestate.usnews.com/real-estate/articles/whats-that-smell-in-my-house" rel="nofollow" target="_blank"> https://realestate.usnews.com/real-estate/articles/whats-that-smell-in-my-house</a></li> <li>The 2019 top FinTech companies, according to Forbes: <a href="https://www.housingwire.com/articles/forbes-names-most-innovative-fintech-companies-in-housing/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/forbes-names-most-innovative-fintech-companies-in-housing/</a></li> <li>It may be deceptive, but it’s not going to stop. <a href="https://www.housingwire.com/articles/opendoor-and-redfin-expand-homebuying-partnership-to-nine-new-cities/" rel="nofollow" target="_blank"> https://www.housingwire.com/articles/opendoor-and-redfin-expand-homebuying-partnership-to-nine-new-cities/</a></li> </ul> Topic: Flip Factor, with Michael Green Your Questions: Send emails to <a href="mailto:questions@rogerblankenship.com">questions@rogerblankenship.com</a> <ul> <li>Alison, “I own a few pizza franchises, so I know a few things about business and property leasing. I’m looking at buying some turn-key rentals vs. dropping some money into an apartment deal. A friend of mine is raising the money. The money looks better on the apartment deal, way better,  but this would be my friend’s first apartment project. I’m not necessarily trusting his numbers to be realistic. Can you offer some guidance as to what to look for?</li> <li> <ul> <li>Rent rolls and leases</li> <li>P&amp;L from last year - all expenses. </li> <li>Repair estimates. </li> <li>Think “actual income” not “potential income”</li> </ul> </li> </ul> Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day “Don’t wait to buy real estate. Buy real estate and wait.” -Will Rogers

Flipping America 337, Michael Green

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