What if you could invest in real estate without actually owning the properties? And what if you could scale up a business and never deal with repairs, tenants, property managers or contractors? That’s coming up on Flipping America. We are talking today about Note Investing and Fred Moscowitz will be joining us in a few minutes. He is an educator and best selling author who has trained countless investors from all walks of life on how to create passive income streams of their own. As a fund manager, Fred manages a mortgage note investment fund and is considered an industry veteran within the note investing arena. Fred teaches the concept that individual investors are able to step into the shoes of the lender, through note investing, and effectively "be the bank". Fred takes pride in collaborating with investors to help them grow and profit in the note space, as well as being a trusted and valued resource in the arena of alternative investments. His new book, titled "The Little Green Book Of Note Investing, has recently launched. You may connect with Fred at https://www.fredmoskowitz.com/ Download Fred’s special report on note investing at https://www.giftfromfred.com/ Book: "The Little Green Book Of Note Investing" pick up a copy on Amazon. I read it and he does a nice job of covering all the basics.

If you want to make money on a flip, you must buy at a discount. Many sellers can’t afford or don’t want to accept a low cash offer for their home. When you understand the possibilities with creative deal structures, you’ll be able to present multiple options to sellers and greatly increase your chances of getting a deal done. Wendy Patton is joining us today. At the age of 21, Wendy started investing in real estate. Like most young adults she was single, broke, thinking “Corporate America” was her only future. She graduated from college, was hired for that corporate America “dream job”, but was $20,000 in debt. She found real estate investing and realized that Corporate America wasn’t the golden path to what she wanted. When Wendy began investing in real estate, she didn’t fully understand her financing options, so she started purchasing real estate investment properties on her credit cards. In her own words: “At that time I didn’t know of any better way to invest. I did not have the assistance or availability of coaches and instructors. I wish I knew then what I know now about investing in real estate and creative seller financing. By the time I was in my early twenties, I had more than $200,000 on my credit cards (for my real estate deals)! I then got married, had twins, got divorced and found myself to be a single mother, all within a short time span. Over the next few years I accumulated more properties while working full-time in the corporate world. I needed to make a living, and make it fast to pay off the credit card debt I had accumulated. I came to specialize in creative seller financing techniques like: Lease Options, Subject-Tos, Land Contracts and other seller financing. So why these techniques? Because like many of you, I didn’t have the money or the credit I needed to buy in a conventional way. Now, with the lending industry the way that it is, most real estate investors can’t buy properties without being creative. These techniques are crucial for today’s real estate investor.

The next time you are taking a drive through the countryside, look out at a piece of land and imagine it becoming a place where people live, work, or play, or perhaps all of those. How does that land get transformed into housing, shopping, restaurants, or businesses? A real estate developer did that. I’m about to introduce you to one. Darcy Marler has been a full-time real estate investor for over 23 years. In that time, he has invested in every major residential Real Estate investing strategy – Small, Medium, and Large Land Development projects. He was even instrumental in getting a Horse Track & Casino built in my hometown. He has done something called Land Assembly which we will discuss in a few moments. He’s also built 45 new homes. He has done pretty much everything – short and long- term rentals, fFlips, BRRRR, condo conversions, and even changing the use of an existing building. He has written 4 books on Real Estate Investing and created an Online Course on Property Development. In total, he has owned almost 100 individual properties, with 240 units, and close to 1,000 tenants.

Imagine your boss coming to you for a performance review. She says, “good job, you’re doing well. I appreciate your hard work. Now I need you to get out there and keep on doing it. And oh by the way, we are cutting your pay by 50%.” Question: When do you start looking for anther job? Tomorrow? Or immediately? America’s real estate agents woke up Friday morning to news that hit them like that. On Friday March 15, 2024 we learned the National Association of Realtors had settled several lawsuits for $418 million. In just a minute I’m going to tell you what it all means to you, both as a consumer and as a real estate investor.

If you invest in real estate, or even if you own your own home long enough, sooner or later you’re going to need to do a property rehab. Today I’m going to tell you what you need to know about this vital piece of your investing practice.  We get a lot of questions here and we answer them all - if you ever have a question about real estate or real estate investing, send it to questions at Flipping America dot net. We promise an answer, usually within 24 hours. And we save some of the questions to use in the show. Today we’ve gathered up some of your questions about the home renovation or rehab process and we are going to answer them for you.  

He wants to change the world. And he’s changing the commercial lending world for sure. Amazing online tools and the lowest fees in the industry. That’s coming right up. Ira Zlotowitz is the founder of a company called Gparency. The GP stands for General Partner and the “parency” is an allusion to transparency.

Have you ever driven through a business park with street after street of rather non-descript buildings holding all sorts of businesses and wondered, “who owns this real estate?” Today you’re going to meet the man who does. Well - he doesn’t own them all, but he makes his living owning some of them. The cool thing is - you could be doing this too. Today we will talk about how. While working as a public school teacher, Jonathan began investing in real estate with only a few dollars. Through grit and creative strategies, he flipped single family homes to build a portfolio of small multifamily properties. Now using real estate to fuel his lifestyle of family time and playing in the mountains, Jonathan now invests in larger commercial assets, preferring triple net industrial properties. He enjoys inspiring others, speaking about the freedom that real estate can provide, traveling, and ultra running.

In the end it’s all about cash flow. Flipping is a business that requires your time and presence. Landlording comes with its own set of challenges. How about something that provides cash flow from real estate, but is truly mailbox money? Since 2019 I have been buying super inexpensive houses that need a little work and selling them as-is with seller financing. I’m talking about buying for around $10,000 and selling for $40,000. This model was the rationale for forming the Flipping America Buyers Club. By 2022, with no bank foreclosures for 2 years due to the pandemic, inventory was running low and prices were going up, so it was time to re-think the process. Due to the short pay-back schedule on the previous model, the numbers just didn’t work any longer. So I began to look at the alternatives. The idea is fairly simple. If I can buy a house at a substantial discount and sell it with financing for close to a retail price with seller financing, my actual return will be higher than the interest rate I’m charging. For example. Let’s say you buy a house for $30,000. If you were to sell it for $30,000 and charge 9% interest, your return would be…9%. What if you sold it for $50,000? Your return on that $30,000 investment goes up to around 15%. So I tried a few of these and guess what? It works! And there are buyers out there. Then I found a guy who has been doing this for years - he has even written a book on the subject. His name is Scott Jelinek and today we are going to talk about this fantastic way to make income in real estate.

You’ve found a deal - now you just need the money. Relax. I’m going to help you with that. Ruben Izgelov went to law school, passed the bar, and a few weeks later realized that wasn’t what he really wanted to do. Out of his passion for real estate and finance, he founded of We Lend LLC. In just a few minutes we are going to talk about how he can help you get your deal funded.

I did my first 500 flips without using a penny of my own money. Today our guest is offering to do the same for you. From day one in my real estate career, I had someone else putting up the capital while I did all the work. We split the profit 50/50. This worked great for both sides and the method still works today. It requires the right kind of match because you will be partners in the project, but this one factor could help many of you jump start your career. Adam Zach is joining us in a few moments to talk about how he wants to help you fund your next fix and flip.

The doctors said he would never walk again - probably not be able to feed himself or even talk. And that is if he ever came out of a coma. My friend and fellow real estate investor Chris Prefontaine and his wife lived through this nightmare with their then 14 year old son Nick. I’m happy to report that Nick made a full recovery that is nothing short of miraculous. Fully recovered he embarked on a career as a real estate agent and a few years down the road joined his Dad’s company. Nick is joining us in a few minutes to share his incredible story. We have some resources including a free Master Class and some free books I will tell you about later. The links are also in the show notes. How do you get these show notes? Get on our mailing list. To do that, simply visit our website and sign up for the FREE Real Estate Investing Road Map.

Big - like beauty - can be a relative term and is subject to the opinion of the beholder. Today we are going to discuss the big real estate stories of 2023 - at least according to me. I’ve been out for a bit on personal leave and for the holidays. But I’m back and Flipping America is back for 2024. Excited to be here and happy to help you in any way I can in your real estate investing journey.

From millionaire before 30 to homeless & living on drugs, he reinvented himself by discovering that real success isn’t just about the hustle – it’s about the connections you create. And today Grant Muller is going to tell you his story. Are you looking for a way to grow your business but tired of using “sales techniques?” Feeling a little burned out? Today’s show is for you. Let’s dive right in.

He and his wife started out their marriage by flipping a house and using that money to buy a dive bar 12 years ago. They remodeled the restaurant and turned it into a thriving pizza shop and craft beer bar. Then they began buying more real estate and now have 7 Airbnbs, long term single family home rentals, commercial space and are about to build a laundromat. His name is Dan Templin and he believes you can do something like this too. He’s going to join me shortly and talk about how he did it and why he believes nearly anyone can duplicate his success.

Dad died on Monday, October 16, 2023. He was one of my heroes in life. This is my tribute to him.

Here is some interesting news. It’s not only possible to get loans for multi-million dollar investment deals, in some ways it’s actually easier than getting a home loan. Our guest today tells you how. Malcolm Turner is the founder of Castle Commercial Capital, a company that specializes in obtaining capital for commercial real estate investors. He is the author of a book, “Financing the Unbankable Deal” and he is joining us today.

These days nurses or doctors say “you’re going to feel a little pinch” right before they stick you with a needle. In my younger days when men were tough, women were strong, and all the children were above average, they would just say “this is going to hurt a little.” If you think real estate investing has to hurt a little before it starts feeling good - today’s show is for you - Painless Real Estate Investing. Nathan Payne – thats p-a-y-n-e is going to join us today to talk about his approach to investing he calls “painless.” I think it’s painless - p-a-i-n-less, but with Payne - P-a-y-n-e. Anyhoo - you’re going to hear how Nathan has made it as easy as possible for someone brand new to get into the game.

You can flip properties without doing any remodeling. In fact - you can flip properties that have no structure on them. No Tenants, Termites or Toilets. Today I’m going to explore land investing with Dan Haberkost. Dan Haberkost, CEO of Front Range Land, started his real estate investing journey at the age of 16. Dan has managed to build an impressive real estate business & portfolio that allows him the freedom to live & work where he wants well within his 20s. This guy is educated, bright, motivated, and articulate. Be sure to hang around for our talk about market efficiencies. Real estate is an “inefficient investment” which is a GOOD thing for us.

Do you know what you need to be looking for when evaluating a passive income opportunity? Today we will hear about some dangers to avoid. Stewart Heath is the Founder and CEO of Harvard Grace Capital, a private equity real estate investment firm that helps people build wealth faster through hands-off real estate investing that generates passive income, reduces risks, and maximizes tax efficiencies. He has raised millions of dollars through two real estate syndications, with a team of successful entrepreneurs with 150+ years of combined expertise in business management and commercial real estate investing running the business. By investing in commercial real estate assets (office, retail, self-storage, etc.) that are well-located between Nashville, Tennessee, and Huntsville in Alabama, they're able to offer their investors 15%+ ROI. In a few minutes we are going to talk about investing in office space, small towns, and what to consider when evaluating these opportunities.

The All New Flipping America Network is LIVE and online at FlippingAmerica.net. I invite you to check it out, but in a little while. Please indulge me by allowing me to talk about it a bit before you go look. The Network is designed with you in mind. Real Estate Investing involves a lot of moving parts and some complexity. Our systems and training remove the mystery and make it a straightforward process. The overall process and individual steps are laid out in a way that anyone can follow them.

He was a hospital CEO at 26 years old. Then he walked away for something he thought was better. What? Yep. We will speak with Mason McDonald in just a few moments. Mason has a Master of Science in Healthcare Administration from Trinity University and Bachelor of Science in Neuroscience from Baylor University. He was a hospital CEO at 26 but left that corporate career to pursue his passion for real estate investing, where he discovered a keen interest in land flipping. Having successfully managed large hospitals and utilizing his expert knowledge in process improvement, He approached his real estate investing with an executive hat which allowed him to experience enormous growth. He has spent many hours automating his land flipping business to make it as efficient as possible, and now he is dedicated to sharing his knowledge with others, while still growing his personal land business to new heights. Through coaching services and consulting with land businesses, he is here to help you start and scale your own successful real estate business. We are going to speak with him today and find out how you can get started.

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.

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.

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.

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 & 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.

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.

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.

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.

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.

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.

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.’

Double digit returns on your money……. Now that I have your attention, we have a guest on the show today who says he can show you how to do that. Rick Howell joins us today on Flipping America. Rick has a background in the construction trades. He joined one of the national real estate investing coaching programs and later became a coach for them. Now he’s got his own coaching program and you can get more information about Rick by following him on social media, @rickhowellrei.

We continue today with the fantastic conversation from last Thursday night with Rod Khleif and Kathy Fettke. The topic is “Don’t Just Survive, Thrive.” We will conclude that conversation on this episode of Flipping America. Plus I have some news updates for you and a couple of great questions from you.

Over the past few weeks we have all become familiar with terms like “flattening the curve” and “self-quarantine.” These sudden additions to our lexicon are necessary in order to ensure survival. Our hearts and our sympathy go out to all who are suffering during this difficult time. The vast majority of us however can’t help but wonder when will life get back to normal, what will “normal” look like, and how can our small businesses survive much more of this? On this call we will tap into the wisdom of two of America’s most prolific real estate investors. They have seen good times come and go and come back again. Kathy and Rod would each tell you that most of their success came from a mindset they adopted when they started. Successful people are not always consciously aware of their unique mindset but thoughtful people who have endured the slings and arrows of entrepreneurship usually have some time to reflect on the collection of thoughts (mindset) that propels us forward. Tonight we are going to look beyond survival and focus on creating and managing thriving business in the days ahead. What you will DO both during and immediately after this crisis will be determined in large part by what you THINK right now. So how about a dose of some good things to THINK about? Let’s get our brains to a good place so our businesses can follow.

I hear it everywhere I go, like the constant drumbeat of the real estate Chicken Littles: “The Sky is Falling! The Real Estate market is going to crash again. And it’s going to happen soon! The logic seems to be that real estate must be cyclical and we must have a major market shake up every ten years or so. That means it’s time. We are going to talk about this today and for an informed an credible opinion, I reached out to Logan Mohtashami. He is the Senior Loan Manager at AMC Lending Group, a mortgage company in the Los Angeles area. But more than a lender, Logan’s career-long passion is studying the financial and housing markets. He has been tracking these markets for two decades, has seen good times and bad times, analyzed the data, run the numbers, and he is staying up to the minute on the developments. If there is anyone out there who is completely credible and qualified to speak on this subject, it is Logan Mohtashami. And in a few minutes, he is going to lower the boom with his answer.

What's going on in housing? Are we in a bubble? Which way are prices trending? We have a little bit of everything today. We have some great questions from our listening audience and some news you can use. The year-end housing reports are hitting and I have the latest from Case-Schiller, HousingWire, and Attom Data. And I am going to talk a bit today about whether we are in a bubble. All this and more coming up on today’s episode of Flipping America.

Today’s show is for those who want to invest passively in real estate. My new friend, Victor Bell, is coming along in a few minutes and he’s going to talk about some possibilities and answer my questions about returns. Victor has been buying multifamily assets for the past two decades in Hawaii and California. He specializes in low cap rate acquisitions and he will explain why during our conversation. He can help you get involved in some pretty healthy returns.

We are continuing today with our technology series, focusing on consumer-facing websites that help us research neighborhoods and communities. Last time we considered eleven of them and today we are looking at ten more. Some of them are very interesting and some are a waste of time. I’m doing this research so you don’t have to. So stay tuned for that. Coming up, WeWork is back in the news and it’s more bad news for them. And we are going to give you a quick update on commercial real estate in a few minutes.

He’s created one of the most comprehensive house flipping software packages on the market today. And he’s going to join us in just a moment. Kuba Fietkiewicz is one of the founders of REIkit.com and I have to tell you, if I were getting into this business today, this is one platform I would seriously consider. In fact, it’s only because of what I call my “resistance to shiny object” discipline that I don’t go ahead and sign up now. Check it out later, but first, let’s take a question from one of our listeners.  If you have questions about real estate or real estate investing, send them to [email protected].    

Want to make money passively in real estate? Keep your job or stay retired but put your money to work for you. If so, consider investing in a real estate syndication. Today on Flipping America. When I was a kid the Syndicate was a euphemism for organized crime or the bad guys. I couldn’t remember specifically why I thought that so I turned to ChatGPT for some help. I simply asked, “Why do I associate the phrase ‘the Syndicate’ with criminals?” Here’s the response: The phrase "The Syndicate" is often associated with criminal organizations because it is commonly used to refer to a group of individuals or entities that engage in illegal activities, such as organized crime, drug trafficking, or money laundering. In popular culture, the term has been used to describe fictional criminal organizations in movies, TV shows, and novels, which has further reinforced its association with criminality. However, it's important to note that the term "syndicate" can also have legitimate and legal connotations, particularly in business and finance. For example, a syndicate can refer to a group of investors who pool their resources to finance a large project or investment opportunity. The context and usage of the term determine its meaning and associations. In a moment I’m going to chat with Charles Carillo of Harborside Partners and we are going to discuss legal syndication. He’s one of the good guys.

I would bet you’ve seen a billboard or something advertising HomeVestors. You might not know that name, but you know the phrase, “Ug buys ugly houses.” That’s HomeVestors and today we have a HomeVestors investor joining us to talk about what it’s like. You might want to do this! Dean Bendall has been a friend of mine for at least 15 years. A few years ago he called me and asked about HomeVestors. I referred him to another friend of mine, they spoke and Dean signed up. In short, this is going very well for him. This is not an opportunity for the timid or someone who is broke. But if you’re willing to work their system, you’re going to have some fun and make some money. Dean will be with us in just a few minutes.

He’s been diagnosed with cancer - two different types over the past 15 years. He’s endured more than his fair share of the trials and tribulations life can bring. Yet over the past 30 years he has had zero bad days. In fact, he’s so skilled at having “No Bad Days” he just wrote the book on it. His name is Jeff Holst, and he’s coming your way today on Flipping America. Jeff is a former lawyer turned real estate investor and YouTube show host. Although I’ve known him for years, I didn’t know his motto was “no bad days” until about a week ago. Already, this philosophy has taken root in my life and is affecting the way I choose to interpret the events of each day. It’s not woo-woo or magical thinking. It’s a choice that over time can become a habit and if you hear him out, I think it could be life-changing for you. Jeff is coming up in just a few minutes.

You’re not in business until you’ve made a sale. Until then, you’re just spending money on an expensive hobby. Marketing is the heart and soul of every business. It is directly connected to your business success and can overcome many other problems, including in some cases, products that were not the “best in category.” In fact many of the best products worldwide do not win the day because others spend more on marketing. And it’s not just spending more, it’s spending more efficiently. Richard Roop is joining us today. He’s a long-time marketing expert and has been called the number one lead generation marketer in the real estate industry. He’s been at this for years, knows the business inside and out, and stays on top of what’s happening in the world of marketing. You’ll enjoy this conversation and it’s coming in just a couple of minutes.

They are not just for vacation any longer. Short Term rentals serve a variety of purposes for both business and personal travel. But regardless of the purposes, short-term rentals have one thing in common - they can cash-flow like a river after a dam burst. Elizabeth Maora Sickels had no idea she’d hire a team and build an entire business that focuses on short term rentals. Elizabeth started like many new investors, by renting out her personal property on Airbnb. She resigned her engineering position with Ford Motor Corporation and decided to travel for six months. Moving to Indianapolis in 2017, she set about making real estate her new career. She started out furnishing and managing one short term rental for a group of investors. Within a few months she had 10 properties under management. She was growing because she was doing things differently. With an MBA and engineering background, she was focused on the metrics and what is needed to have a profitable short term rental property. She continued to separate herself and that growth became the Elizabeth Maora Brand. ElizabethMaora.com

Today we are talking about passive investing and our guest is Ken Gee of kripartners.com. What do you think of when you hear the phrase passive investing? I think of sitting in a comfortable chair under a palm tree looking out at the ocean, sipping on something tropical, while my money is working hard to earn enough to pay for this. Let’s get you there. Ken Gee has been pursuing the thoughtful path to wealth from an early age. He discovered multi-family and invested while keeping his day job and in time realized that the investing side was much more promising. His attention to detail, high character, and flawless performance have made him a formidable force as an investor and someone to trust with my money.

What’s it like to invest in real estate in Canada? Are you tired of government overreach, wary of the “fixes” the government is putting into the economy? Do you avoid investing in rules and restriction-heavy environments like California, New York, and New Jersey? If so, you’ll be interested in hearing just how much WORSE it is in Canada. Today’s show will make you proud to be an American, although that was surely not the point when we recorded it. Matthew Ablakhan is a young motivated investor, the son of displaced Iraqi Christian parents. He and his brother started investing, then set up a mortgage company, and then a real estate brokerage. Together they lead a growing company in suburban Toronto. Canadian law rules out all but the wealthiest developers. Mortgage rules essentially require homeowners to make plans based on future interest rates (and who knows what they will be?). These and other issues make it challenging to make money in Canadian real estate. In fact, many Canadian investors choose to put their real estate investing money elsewhere. But Matthew and his team are sticking it out for now and doing well. We are going to hear all about that in a few minutes.

Bloomberg just published an article with the headline, “Wall Street Is Losing Out to Amateur Buyers in the Housing Slump” I have a question: Who are you calling an amateur? They assume the analysts in cubicles in New York are the pros and we are the amateurs simply because of bias. It’s more than just semantics, but I submit that pros do whatever they do for money. Amateurs have other reasons. And it’s the small investors like you and me who are making money at this game. The big institutional businesses, hedge funds and iBuyers, are not really making any money. I would submit that while the premise of the article is factually correct, the labels should be reversed. WE are they pros. THEY are the amateurs.  There’s a lot going on in real estate right now and we need some time to unpack it. Which I’m going to do today.  Ok ok, I do know a lot about single family residential investing. But once you get into other asset classes, it’s not all that hard to stump me. Fortunately, I know a lot of smart and experienced people from many different real estate asset classes and strategies. So ask whatever you want. We will know the answer or go get you one. [email protected]. We have some good questions coming up today. 

As you are out traveling the world, you’ll quickly realize that not only does money make the world go round, the American dollar is not the money a lot of people want. You’ll need to convert to the local currencies. Today I’m going to talk about the best way I’ve seen to do that. Kelly Cutchin is a Country Money Manager for Moneycorp, moneycorp.com. She and her company can help you get money moved around and converted in the most efficient and inexpensive way possible. We will hear from her in a few minutes, but first the news!

This show is called Flipping America, but it’s a big wide world out there and there are investment opportunities all over it. We are going to explore that a bit today. Ronan McMahon is the editor of Real Estate Trend Alert, Your Overseas Dream Home, and a contributing editor to International Living. Ronan’s newsletter, “Your Overseas Dream Home” is delivered to readers’ inboxes daily. No matter what level of real estate investor you are, there’s plenty of great info for you. In it, you’ll read about every promising international real estate investing idea Ronan and his team comes across. He also brings you up to speed on his favorite markets for making “double your money” gains through either capital gains, rental income, or both. He also shares his key strategies for identifying profit opportunities in some of the most beautiful locations worldwide—by Caribbean, Pacific, and Atlantic beaches, in glamorous European cities, in quaint little mountain towns, or anywhere else that might interest you. I’m happy to tell you that Ronan is going to join us shortly. We will talk about his investment model and how you can get involved in investing all around the world. Dianna and I read his newsletter regularly.

You need a coach. How do I know? Because no one sees themself truly objectively. Tiger Woods was the best golfer in the world by a long shot and he never competed without a swing coach. You want to play a sport? Get a coach. You want to run a business? Get a coach. Want to invest in real estate? Get a coach. And I’ve got a great one coming today. You’ll meet Chris Prefontaine in just a few moments. As you’re about to hear, Chris has been in the real estate business a long time and he’s been helping others get into the business for a long time. He’s written at least four books - because that’s how many he sent me. He’s a master of creative deal structure. He knows how to live and invest in competitive areas with high prices. We all can learn from Chris - I know I already have and I’m excited to share this interview with you today. The last time I had a real estate coach on the show, I was surprised at how many of you asked me something to this effect: Hey Roger, you’re a coach. Why are you helping promote your competitors on your show? I haven’t addressed this before and I’m not going to take a lot of time with it now. The answer is, I don’t have competitors in this business. I have potential partners and I have friends. There is plenty of room for us all. A good living, financial freedom, and time freedom can be enjoyed by everyone who does well in this business - there is no one single winner. I believe in abundance, I believe in collaborative capitalism, and I believe in the law of sowing and reaping. As I sow a spirit of helpfulness and collaboration into the world, I find that help comes to me when I need it. It’s not always from the same people, but it comes all the same. If we all help each other we will all get what we need. That’s been my philosophy and my answer to that challenge for years. I don’t see it changing.

Sometimes you just need a little extra help. Today we are going to talk about an affordable solution. Kristy Yoder is a Filipina based in Ohio. She is the Founder and CEO of Smart VAs and the host of The Master Delegator Podcast where she teaches entrepreneurs and leaders to grow their business by delegating. As a multi-skilled leader, she humbly worked her way from being a freelance virtual assistant and digital marketer to becoming an entrepreneur. She is passionate about helping stressed and overwhelmed business owners get their time, freedom, and life back while running a successful business. She built and trained a team based in the Philippines to help business owners scale their businesses while living a freedom-filled lifestyle. Kristy leads more than 70+ team members and has served more than 200 businesses in the US together with her team since 2020. Kristy grew her business from $0 to now close to 7-figure revenue and desires to help business owners achieve their business goals.

Curtis May is the creator and owner of Practical Wealth Advisors (PWA) and host of The Practical Wealth Show Podcast. The primary focus of his financial planning firm is to help individuals and families become financially free by following the principles of wealth creation that have endured for centuries around the world

Imagine this: You make $20,000 on a real estate deal, but you are neither the buyer nor the seller. And you’re also not the real estate agent. How does this happen? We will tell all today on Flipping America. Our guest today, Brent Daniels was living large as a real estate entrepreneur, well on my way to fulfilling my “Rich Dad, Poor Dad” dreams: Designer clothes. Flashy cars. Big house. A year later, the housing market crashed… HIs business went under. His cars get repossessed. He lost his home and five rental properties to foreclosure. And he get slapped with a $742,000 judgment for breaking a commercial office lease. And then things got really bad. He got divorced, got a DUI and sat in jail for a month. Then something happened that turned his life around. While working as a realtor he sat at a closing and watched a wholesaler make $40,000 without ever taking ownership of the property. He learned how to wholesale properties and never looked back. Brent has an incredible story and a great track record as a real estate mentor. He’s joining us today to talk about wholesaling and what he can do to help you get started.

Jack Gibson has written Indestructible Wealth, what I think is the best business book I read in 2022. And I read more than 120 books last year. Our conversation included real estate, crypto currency, including bitcoin mining, investing in the stock market, wealth management, and multiple streams of income. Jack has the right ideas and has expressed them beautifully in this well-written book. He should charge $100 for it, but he doesn't.

After you have figured out how to make money in real estate, the next most important thing you need to learn is how to hang on to it. Today we are talking about some stuff I wish I had known… David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 to over 25 deals a month, he realized that as much money was coming in, it was all going right out the door. With the unique opportunity of being in every seat as a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went. David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and Stages. To help even more people, he wrote Profit First for Real Estate Investing - a companion to the original Profit First by Mike Michalowicz that is tailored specifically to Real Estate Investors. His goal is to make a difference by helping real estateinvestors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal-to-deal.

Who owns your local car wash? It might be a friend of mine and if you want, you can own a piece of it too. Coming up today on Flipping America Although the show is called Flipping America we don’t encourage everyone to drop what they are doing and start flipping houses like you see on TV. We DO encourage everyone to consider real estate as a part of a balanced investment portfolio. To that end we bring you the best news, analysis, strategies and tactics, demographics, tools, and methods we can find mixed in with incredible people doing fantastic things in real estate. It’s all here for your inspiration, information, and edutainment. We’ve got one of those incredible people joining us today. Chris Larsen is one of the smartest dudes I know. He’s the host of the Next Level Income Show and author of the book by the same name, Next Level Income. He’s been a multi-family buyer for years but he recently branched out into car washes. Coming in a few minutes, you’ll hear his vision for the business and how you could get involved.

What if I told you that you can use one software tool and buy 12 profitable deals next year that are listed on the MLS? It’s true because one guy did it this PAST year and next year is only going to get better. Learn more in just a moment on today’s episode. Benson Juarez is the Marketing Director and one of the owners of Privy Software. I like him and check in with him from time to time just to see what he’s doing. I was in for a surprise. When I called him the other day he told me that he had temporarily relocated from his home in Denver to St. Louis to, using his own words, “practice what he was preaching.” He decided to demonstrate live and in person how to build a real estate business using Privy software as the only deal sourcing tool. He used Privy to select St. Louis, went over and set up shop, and did 12 deals in one year. I told him we needed to record that conversation so we did - and it’s coming up.

I don’t encourage everyone to drop what they are doing and start flipping houses. But someone listening to my voice right now is going to start flipping houses and change your life. Thank you to everyone who made my book, “Flipping Houses in Ten Days” an international number 1 bestseller. And if you don’t have it yet, just put bit.ly/10dayflipper into your browser and it will take you to the Amazon page where you can order it. You can still get the Kindle version for free if you act quickly. House Flipping is going to make a comeback in 2023. Opportunities will be more plentiful and I predict that you will even be buying REOs from the MLS like in the good ole’ days. No wait - that might be going too far. But maybe… Last time we started a conversation with Bruce Glenn about Flipping Houses. This time we will finish it. He is a master house flipper and licensed appraiser from Birmingham, AL. We will conclude that conversation in a few minutes.

I don’t encourage everyone to drop what they are doing and start flipping houses. But I DO encourage some of you to do it. And if you are going to do it, why not start with a little knowledge? Thank you to everyone who made my book, “Flipping Houses in Ten Days” an international number 1 bestseller. And if you don’t have it yet, just put bit.ly/10dayflipper into your browser and it will take you to the Amazon page where you can order it. You can still get the Kindle version for free if you act quickly. The market is slowing. Despite all of the gloom and doom predictions from the clickbait wannabes on social media, this does not spell a disaster. It DOES portend an opportunity. 2023 will be a rebounding year for house flipping, and I think also for BOR houses, but that’s not the topic for today. Bruce Glenn joined us recently for an interview. He is a master house flipper and licensed appraiser from Birmingham, AL. We will talk about some of the issues and I think you’ll see that you can do this if it’s what you really want.

I’m on a mission to help 1000 people become real estate millionaires. This year the Flipping America REIA is focusing on 11 different ways to get there in our main meetings on the third Thursday evening of each month except December. January was Multi-Family month. February is House Flipping month. Today, we talk to Bruce Glenn, who has made his millions Flipping Houses.  We don’t encourage everyone to drop what you are doing and start flipping houses like you see on TV, but we do encourage everyone to have real estate as a part of their investment portfolio. Today we are looking at an interesting possibility in another country and I will weigh in with some of my criteria I use when evaluating international investing.

I’ve been paying attention to real estate and real estate investing for a long time. I watched the rise of the so-called iBuyers, and I’m fairly confident I will be here to see their demise. If you listen to the show much, you know that I’m a positive upbeat kind of guy. I never set up my interview guests for embarrassment, I do not thrive on controversy, and although I don’t shy away from healthy disagreement, I’m not here to argue with anyone. That said, part of my purpose is to expose the bad guys - those who build large businesses with a fundamentally dishonest business model. I’ve spent a fair amount of airtime criticizing in particular the Hotel Room Real Estate Gurus and the iBuyers. Sometimes the premise is noble enough and the vision is grand enough, but at some point someone behind the scenes realizes this thing isn’t going to work unless we make some adjustments. This usually comes in the form of high pressure manipulative sales tactics from the Gurus and deceptive practices, including hidden or junk fees and unexpected repair bills.

Here are my almost famous Seven Rules for Real Estate Investing. If you want the Cliffnotes or Sparknotes or whatever the abridged version is called these days, you’ve come to the right place. For some of you - this may be the only real estate instruction you need - ever. This is a replay of a previously recorded show, but good enough I needed to share it with you again. Here we go.

Today we are talking about Note Investing. And I’ve got Martin Saenz on the line. If I were going to invest in notes, I would hope to do it with the skill, empathy, and compassion Martin has. His amazing business is up today on Flipping America! Martin Saenz brings social good into smart investing. He is a Managing Partner of Bequest Funds. Renowned as a thought leader in the mortgage note investment industry, Martin is generous with his first hand expertise, to the benefit of his many clients and followers. Genuine, loyal, and passionate about creating a better world through profitable business, he works hard to share and spread success. Together with business partner Shawn Muneio, Martin co-founded Bequest Funds with the dual purpose of helping investors grow their wealth and helping mortgage borrowers stay in their homes. Martin owned and operated multiple successful companies prior to launching Bequest. A successful entrepreneur and real estate investor for over 15 years, he brings a high level of strategy and experience to the Bequest model. He has directly helped over a thousand families stay in their homes, and countless more through the influence of his mentorship. Martin holds a BA degree in Philosophy from U.T. — San Antonio, an MBA from Drexel University, and a M.S. in Project Management from George Washington University. Martin, his wife Ruth, and their four children live in the D.C. area. Together, they enjoy exploring the history and natural beauty of state and federal parks and being a part of their church community.

A wise man once said, “until you make a sale, you are not in business.” In our business we can’t sell until we buy and in order to get buyers we have to do some selling. One of the best ways to generate leads for your real estate business is about to rise up and tap you on the shoulder. Dan Barrett is joining us in a moment. He is Head Nerd at AdWords Nerds, the world’s largest Google Partner agency working only with real estate investors. He’s managed over 5 million dollars a year in client ad spend, found hundreds of real estate deals online for his clients, and been behind extensive industry experimentation and original research. He’s worked with investors and companies like Joe McCall, Alex Joungblood, Tom Krol, 1-800-Fair-Offer, Investor Carrot, and more. Dan also runs the Search. Click. Convert Bootcamp and the exclusive REI Marketing Mastery program, intensive online workshops where he personally helps a small group of investors automate their lead acquisition and dominate their local markets online. He’s the voice behind the REI Marketing Nerds podcast - over 150 episodes strong with a 5-star rating on Apple Podcasts - and the AdWords Nerds YouTube Channel. You can find out more about him at AdWordsNerds.com

I need help! And that’s been said about me on more than one occasion. But no, I need a Virtual Assistant! Perhaps you’ve heard of this, but if not, today is going to be eye-opening for you. You can hire assistants that live halfway around the world, do a great job and save you money at the same time. Today we are going to explore the world of Virtual Assistants. Bob Lachance is a nationally recognized speaker, mentor, and trainer who specializes in helping customers build their businesses through automation and outsourcing. Bob currently owns four businesses and helped start one of the nation’s largest real estate coaching programs. A Bristol, CT native, Bob played ice hockey and went on to play at Boston University, playing a vital role in their 1995 National Championship. With only two classes left to graduate in his senior spring, Bob left school to pursue a professional hockey career where he played 4 years in the US and 4 years in Europe. At 30 with his pro hockey career over, he educated himself in real estate and began his career in the trenches as a real estate investor. He acquired his first flip in 2004 and has done over 800 transactions since then. He has also started 2 very successful real estate coaching programs, 3 virtual assistant staffing companies, and much more. Bob is the owner of REVA Global LLC which focuses on offering trained real estate virtual assistants to real estate professionals. Over the years he has experienced various setbacks where others would have simply thrown in the towel. Through the ups and downs both in business and life, his humble commitment to the daily process is something listeners can gravitate towards. By utilizing the power of virtual assistants real estate professionals are able to leverage and scale their businesses. Investing in virtual assistants is a lifestyle change that increases business productivity. Not only do you gain back lost time but you have the opportunity to focus on the income-producing tasks that grow your business.

We’ve all heard the saying, “don’t count your chickens before they hatch.” Wise words, but in our real estate businesses, some of those chickens hatch and we need to count them. In a moment I’m going to tell you how the TV shows get this seriously and dangerously wrong. Today we are going to talk about how to figure out what you made on your property. We will include all of your known expenses and talk about some of the hidden costs as well. And Roger points out that when you consider all these expenses, we all need to rethink what we are paying for our projects.

How much is enough? Is there one answer that will fit all people? Is it possible that the experts are wrong? Will you be able to retire and live comfortably without financial distress? Is that even a good idea? What? I’ll explain.

Commercial real estate is similar in many ways to residential real estate, but one thing is vastly different: commercial capital. We need an expert, and I have one for you today. Paul Winterowd is joining us on this episode of Flipping America. Commercial capital differs not just in the amount of money but also in the complexity and the number of players. In short, the different components of capital deployed in a commercial deal are called the funding stack, or capital stack. Paul will explain further in just a few moments. Paul is both an expert debt provider and an active multi-family practitioner with real world experience investing in multifamily assets both as a general and limited partner. Because of his experience on the investment side of the business, he has deep insight and empathy for his clients’ needs as he helps them navigate through the financing process. Paul has successfully sourced financing across the country for market rate and affordable apartment buildings, student housing, and seniors housing projects.

You can sell a property with massive capital gains and defer your taxes by using a Deferred Sales Trust. For some this is a good alternative to a 1031 exchange. You will need an expert to help you set this up and I have one lined up for you today. Brett Swarts is considered one of the most well-rounded Capital Gains Tax Deferral Experts and informative speakers in the U.S. He is the Founder of Capital Gains Tax Solutions, is an exclusive Deferred Sales Trust Trustee, host of the Capital Gains Tax Solutions podcast and an eXp Commercial Multifamily Broker in Sacramento, CA. He will be with us in just a few moment

A lot of people start by flipping houses and then evolve into something else. That’s our story today with Derek Dombeck, but you won’t believe what he’s into now. And it’s something we’ve never had on this show. Derek Dombeck is a hard money lender in Green Bay Wisconsin. Before that he was a house flipper. Before that he worked in construction. But what he’s doing now, in addition to the hard money lending company is something we’ve not covered on this show before, but I’m going to let you hear it from him.

People have been teaching the “no money down” method of real estate investing for many years now. Long before I had heard the name of any real estate teachers I was doing my own version of “no money down” deals. I had bought and sold more than 500 houses - full fix and flip projects before I used a dime of my own money in a deal. Today I’ll tell you how.

How do you overcome fear and have the courage to do your first deal? This is a question I get quite often and today I’m going to answer it. This episode is for everyone who has hesitated and missed deals - and for those who have hesitated and NEVER done a deal. I’m going to help you say yes to the right opportunity. I understand the concern. I’ve been there - looking at a deal that looks ok, but nervous about the things that can go wrong. They call it the paralysis of analysis, but like most clever little slogans, there is often more to the story.

The real estate market is starting to slow down. Are the alarm bells ringing in your head? If not, should they be? You won’t know until you know the facts. And if you want the facts, I’m going to give them to you in this Market Report for the Third Quarter, 2022. I really am tired of hearing people claim a crash like 2008 is coming. I’ve been hearing it since 2018. I didn’t believe it then because of the data. Turns out I was right. Same for 2019, 2020, 2021, and now also 2022. Anyone who tells you the real estate market is going to crash again like 2008 is just trying to scare you and definitely not looking at the data. I’m going to do my best not to bore you with it, but in the minutes ahead I’m going to share with you the data we watch and where that data is. We are definitely seeing the first signs of the slow down that I have been predicting. Remember when we are talking about averages across the nation, this is going to be an average of a lot of local real estate markets. Although the national data is true, it may not be reflective of your local experience. This doesn’t mean the data is flawed, it just means that somewhere some other market is trending the other direction and the data is averaging them out. To give you a simple example let’s imagine a classroom where the average score from the last test was an 80. Now imagine the class has just 3 people in it. As the teacher hands the tests back and announces the class average score of 80, Johnny looks at his paper and thinks, “well that’s not MY experience. I got a 60. But Suzanne thinks, Hmmm, that’s about right, because I got an 80. Franklin is thinking there must be something wrong with the data modeling because he got a 100. So your market might be contracting faster than the national average. And some other market might still be booming. And it’s likely that within individual markets the trends are different at different price points. It’s no easy task to gather this data, and disseminating it in a meaningful way is equally challenging. But I am up to the task because that’s my appointed duty for today.

business, we often love the idea of the income but don’t always bring risk analysis into our consciousness.

Last week the national average for a mortgage topped 6.7% for the first time in many years. What does this mean for real estate investors and what does it mean for YOU? Find out today on Flipping America. Rates are expected to inch further up over the next few months as the Feds seem to be the only parties in Washington genuinely interested in countering inflation. In case you hadn’t noticed, the so-called “Inflation Reduction Act” does absolutely nothing to even address inflation, much less reduce it. So, interest rates. How does raising them slow down inflation? Of course like most answers involving monetary policy, the answer is a bit complicated. But I, your humble host, excel at making the complicated understandable, so bear with me and in a few moments I shall explain.

Congress just gave the IRS 80 Billion dollars. What does this mean for entrepreneurs and real estate investors? Some say we are facing enhance enforcement and in the minds of the IRS, real estate investors are easy pickings. I’ve got CPA Matt Lents on the line and we are going to talk about the implications. It’s so important we are doing this NOW.

I’ve been doing this since 2002. I’ve done over 2000 single family homes, including more than 1700 fix and flip projects, hundreds of rentals and hundreds of wholesale deals. I don’t want to sound like I’m bragging here, because that’s not my intent. I just want you to know I have data and some personal experience to back up what I’m about to say. If I were starting all over again today, what would I do? I’m going to share it with you in just a couple of minutes. I won’t keep you in suspense - if I were starting all over today, I’d dive into the BRRRR Method and acquire as many single family rental properties as I could. Today I’m going to be joined by one of the emerging champions of the BRRRR method, David Dodge. David is a St. Louis Real Estate Investor with over 18 years of experience. He first started investing in Real Estate when he was in college, at the age of 20 while attending the University of Missouri-Columbia. David specializes in Wholesaling Real Estate as well as using The BRRRR Method to acquire Rental Properties with NONE of his own money! David is the Author of 3 books: “The Ultimate Guide to Wholesale Real Estate”, “The BRRRR Method” & “The 3 Pillarsof Wholesaling Real Estate”. His podcast “Discount Property Investor” teaches people all about wholesaling real estate as well as tons of tips and tricks about marketing, land-lording, rehabbing, and utilizing The BRRRR Method.

I gotta be honest with you. I didn’t think this topic would make it to the show. I was skeptical about the concept and the structure of what you are about to hear about didn’t sit well with me. But Derrick Barker won me over, as I’m sure he will for you also. So today on Flipping America we are going to learn how you can sell your cash flow. Derrick Barker from Nectar is joining us in a few minutes to talk about an interesting way of raising money that doesn’t involve debt. Nectar is an online financing and data platform built to provide fast, flexible capital to short term rental owners and operators. They provide experienced real estate entrepreneurs access to cash flow based financing and sell diversified, fully passive cash flow backed investments to accredited investors. Derrick is the co-founder and CEO of Nectar, the first-ever cash flow marketplace for real estate entrepreneurs. He has 12 years of experience in real estate development, operations, and finance. Prior to starting Nectar, Derrick began his career as a trader at Goldman Sachs. He eventually left that position to focus on real estate, growing his portfolio to more than 4,700 units and $400 million in asset value. Since then, Derrick has helped build multiple successful real estate businesses. He and his Nectar co-founder, Brittany Mosely, are members of ScaleUp ATL and graduates of the TechStars Atlanta accelerator.

There are a lot of big words and complicated ideas that make up the world of real estate investing. My job is not only to help you understand them, but to also entertain you in the process. How’s this for entertainment? If you master today’s topic, you could save or defer tens of thousands of dollars in tax liability. Today on Flipping America! Cost segregation sounds like a topic you might cover in finance or accounting courses and although not as complicated as “internal rate of return” or as obtuse as the “weighted average cost of capital”, it definitely needs a sexier name. How about “Save a pile of money on Taxes”? Well, there are several ways to do that, so we need something more descriptive. After thinking long and hard about all the possibilities, I’ve decided that “cost segregation” is as good as we are going to get. Our guest today, David Wiener, is known as “Mr. Cash Flow” has been involved in the business of business for over 30 years. His experience includes 10 years as a medical practice administrator, COO of a medical billing company, and years of business and tax consulting, speaking, and educating. The CEO of Cash Flow Strategies, Inc., David has worked to assist practices, businesses, and individual real estate investors across the US to maximize their cash flow and become more efficient. David is a recognized expert in A/R management and engineering-based cost segregation. David has spoken across the US and internationally for over 25 years to medical and dental groups and societies, CPA groups, business associations, Chambers of Commerce, and commercial real estate groups. He leads CPE training for CPA groups annually as well as workshops on tax strategies for owners of commercial and investment property. His engaging style and quick wit have made him a favorite of large and small audiences coast to coast, and has attracted many return engagements.

It’s been a crazy few years in this business. I get hundreds of leads from dozens of wholesalers every day. Maybe 1 out of 20 is a deal worth giving a second look. And maybe 1 out of 100 is something I would do. But they apparently sell these properties because they keep coming around with more of the same. Today, I’m going to talk about what makes a deal a deal. And it’s more than just the numbers. When sellers (or my TV) says “Let’s Make a Deal” I say “What Makes a Deal?” We will find out today on this episode of Flipping America. You’ve heard the phrase, “There’s a sucker born every minute.” PT Barnum of Barnum and Bailey circus fame supposedly said that, although there is no evidence he ever did. I want to add to that: A lot of those suckers bought $50,000 real estate training from a hotel room and now are justifying that expense by paying too much for investment properties.

Ignore the click-bait wannabes. They have routinely declared the housing crash is imminent every year since 2017. Perhaps eventually they will be correct. But not this year. Interest rates are worth watching and I predicted the current uptick in the rate of foreclosures (Covid-related). This will go back to pre-Covid levels in early 2023. Other indicators show a continuing strong demand for not-yet-enough supply.

Ok kids, it’s time to open the mailbag and answer some of your questions. Today we are focusing on questions concerning rental properties.

Mortgage rates are up, therefore home payments are up. Does it make sense to buy or should you rent? The answer is never as clear cut as you might think. Today I will sort through the issues and help you understand the best answer for you and your situation. One of the questions we get quite often is a variation of “should I rent or should I buy?” The person asking will usually fill us in on some of the details of their situation which means our recommendations are not always the same. I spent more than half of my life so far thinking that it is never better to rent - always better to buy and build that equity. About 15 years ago I realized I had never challenged that assumption, but it took me a couple of years to get around to devising a way to evaluate the options. Even then, I did it only for my own situation, but I will tell you this: once I took a clear minded look at what it was actually costing me to live in my very nice house, I sold it in pretty short order. I’ve been a renter ever since. I know it may surprise you to hear that the Flipping America guy is a renter. This is the sensible choice for me right now, both in terms of the financial realities I’m about to share with you AND a few of the intangible factors I will discuss today as well. The important conclusion for you today is not a one-size-fits-all correct answer. My aim is to help you make an informed decision - one that could change as your life goes on.

Since 2015 it’s been increasingly difficult to find good deals on flips in our own backyard. So since the cheese got moved we moved along with it. We’ve done flips in every state that touches Georgia and we’ve wholesaled properties in a total of 28 states so far. Today I have a very special guest. Helen Ishii is one of my mentoring students who is now managing her first out-of-state flip. We are going to talk about the process, lessons learned, and some pitfalls.

It’s one of my most favorite times of the year - the beginning of the college football season. I can barely tolerate the political posturing and virtue signaling of all professional sports these days, and I find watching baseball or golf is just an inducement to take a nap. So as the years go by I’m increasingly stoked about the start of the college football season. How does this tie in to real estate? Stay tuned for a minute and you’ll see. I’m going to be joined today by one of my partners, Ari Weinberg, who is the developmental motor behind the soon-to-be-released all new Flipping America Network AKA “The FAN.” Full confession: we tried to release the FAN a year and a half ago and realized we had a LOT of work to do to make the app function and easy to use. So we pulled it and have been steadily working to make this thing great. Spoiler alert - we are going to talk about real estate and the FAN for 2-3 minutes today and the rest of the show is a preview of the upcoming college football season. So the answer to the question in the opening about tying this in to real estate? Ummm. well… not really. We are just going to have a little fun.

A lot of talk, several books, and valuable minutes of nearly every self-help seminar conducted in the past 10 years have been devoted to the topic of “Knowing Your Why.” It’s a trend for a good reason. It’s important to know your Why and it’s important to get beyond trivial things like “money” and “the stuff you buy with money.” I value and salute the idea of “knowing your Why.” But today I’m going to balance that with not a competing, but complementary idea. “Know Your Why Not.”

The first thing we tell you is “don’t quit your day job.” But you just won’t listen to me so the next thing I’ll tell you is “how to quit your day job.” Passion is overrated. Job stability is underrated. Financial security is a big plus in life. Your real estate career will take off and blossom if you can stay in your job while you get started. You’ll enjoy financial security and the luxury of easing into offer-making. This is clearly the best way to do it. So who cares if you stay at a meaningless or boring job for another year or two? I assure you you will prefer the boredom over the anxiety of not being able to pay all your bills. Today I’ll give you a glide path that takes into consideration everything you’ll need to think about as you make this big life transition.

You’ve got questions? We’ve got the internet, er, we’ve got experts, um, we’ve got the Realty Bluebook. Seriously, today on Flipping America, we’ve got a pile of answers coming your way. Hopefully some of them will connect with your questions. Here’s your reminder that if you have questions about real estate or real estate investing, you can send them to [email protected]. Or you can call 877-55-ROGER (877-557-6437) ext 1 and leave your question. We answer every question that comes in, usually within 24 hours, and some of them make it to the show. There is an exception to the promise of answering every question. We are not going to do your homework for you. We can’t run comps on your potential property and we can’t really tell you if a particular deal is one you should do. We couldn’t possibly know enough about any particular situation. But if your question is more broadly useful to others, it’s ideal for our use. So keep on sending them!

It doesn’t matter how many times you get knocked down. As long as you get back up. Everyone listening to my voice has been down. Some of you are right now. Today I’m going to help you get back up. Adversity is baked into the human experience. Bad things happen to us beyond our control. Bad things happen because of our choices (those can often be worse on our psyches). Sometimes, we feel bad. Sometimes anxious We get rejected. Our plans fall apart. Our kids make mistakes. We lose things. We lose people. And we go down. Today I am going to Talk it up, so I want you to Listen up because I’m going to ask you to Toughen up while you Lighten up at the same time. Then we are going to Light it up, then Follow up and last, but probably most important I’m going to ask you to Look up. If you do these things, you’ll get back up. I can’t promise it will be easy. I’ve been down and I know how hard it is to come back. If you are feeling depressed from self-blame, angry from blaming others, or both at the same time, I get you. I feel you. If you listen up, I think I can help you. It’s not pious platitudes from pop psychology class. It’s the shared experience of a friend who is probably only one or 2 steps ahead of you right now. I’m reaching out for you right now. Take my hand, lend me your ear for another 27 minutes, and let’s Get UP.

Have you ever wished you could just type an address into your computer and let it tell you whether or not it would be a good investment? That day has arrived. For years I've wanted to speed up deal analysis. I've written formulas, created spreadsheets, even built my own relational database. I have tried every product out there, spent thousands of dollars and hundreds of hours just trying to save time in the day-to-day chase of that next deal. Thanks to a partnership with our new friends over at House Folios, we are ready to introduce Flipping America GO. HouseFolios created a fantastic user experience with several ideas I only WISH I had thought of. I've been able to share with them my formulas, rehab and profit assumptions, and even my step by step checklists for the various phases of an investment property. All of this is being incorporated into GO. GO allows you to sift through thousands of single family properties and find the best deals fast. GO is built for everyone, whether they are brand new or a seasoned veteran. You can save your preferred property assumptions so that when you see a green light, GO. You know the property meets your criteria and is a good deal for you. If you’re new to investing, don’t worry. GO comes with settings already created and used by experienced investors which will help get you started. Whether you analyze spreadsheets or scan the MLS, whether the house is on or off the market, GO will help you find and analyze the property. Analyzing a property will show you all the key indicators to a good investment. GO will show you whether the property meets your criteria with easy to understand graphics that show you how many of your investing criteria have been met. GO considers your criteria for multiple investment strategies and recommends the best strategy for each property. You can dig into all the numbers and where they came from. Look at the comps, remove those that don’t fit and add others. Once you are confident, you can create a property pro forma with a click of a button. On top of all that, you can apply for lending and even submit an offer, all from within the GO platform. It’s 100% risk-free with our 30 day guarantee. Action is the key to this business. So sign up today and GO.

If I handed you $1000 what would you do with it? What if I could show you how to turn it into $10,000 in less than a year? That would be great right? In this episode, I describe TEN different ways to do this. That’s “great” times ten, right? Is this a fantastic show or what?

Zillow published a quiz recently that asked questions about the NFL, certain celebrities and real estate. The sad fact is, Americans know more about the Kardashians than their own property. What can we do? We take a couple of steps in that direction today on the Flipping America show. Bill Gross is a licensed real estate broker and probate expert from Los Angeles. He’s going to join us in a few minutes to talk about the Zillow quiz, the lack of financial and real estate literacy and the failure of the American media to challenge incorrect notions put forward by our elected officials. Then we are going to answer William’s questions about the foreclosure auction and auction process.

If you’re going to be in the real estate investing business you need an accountant who knows real estate. I have one for you today, on Flipping America. Matt Lents is a CPA from Jacksonville, FL and 40% of his clients are not in Jacksonville. Wherever you are, Matt can probably help you. We will talk to him in a few minutes, but first, we have some questions from you we need to answer.

No one knows everything, and no one knows what they don’t know. Fortunately, success in real estate doesn’t require you to KNOW that much. Today on Flipping America we will talk about what you MUST KNOW to be successful in this business. Look around online for training and education in real estate investing. You’ll see a combination of complexity, jargon, and pseudo-intellect mixed with a healthy dose of hype. Let’s cut through that. I’ve boiled this entire business down to 5 things you MUST know. There is a lot more to learn, but you have to nail down these items first. Without any one of them, your business will suffer.

Death and taxes - Life’s twin unavoidable realities. We are not going to talk about death today and not even taxes so much. But we are going to talk about something that will help you at tax time - better records. Learn how to use Quickbooks Online today with Nick Baldo. Nick Baldo is a cool guy with quite a portfolio of real estate in Buffalo NY. He is comfortable with a lot of the tech we use in our businesses and has developed informative courses about using them. His website is incomedigs.com and today he’s going to talk to us about using Quickbooks Online.

Today we consider one of the most overlooked and underappreciated asset classes in real estate. 17.7 million Americans Live in Mobile Homes which is about 5.6% of the American Population. Frank Rolfe and his partner own about $700 million worth of mobile home parks. He has streamlined the process, refined the methods, written some books, and developed some courses. He will join us in just a few minutes in an interview we recorded with our Flipping America REIA recently. I won’t be able to play it all for you, but at the end of the show I’ll give you a link where you can listen to it in its entirety.

I’ve made nearly every mistake in the book. And over the years I’ve watched other people make all the other ones. Today we are going to talk about the Top Ten Newbie Mistakes and hopefully we will help you avoid them. This show could save you $100,000 in mistakes. It could keep you from bankruptcy, it could also ensure that your real estate career is successful. Wow. Or, it might be just another way to fill 30 minutes on your morning commute.

We continue the conversation today with our panel. Moneeka Sawyer, Kim Kesterke and Mark Dolfini are millionaire single family investors and in this portion I ask them how long it will take to become a millionaire while owning single family rentals.

One of the standard and most common methods of real estate investing is the purchase of single family rentals. Today I’m going to visit with three single family investor millionaires who have a wealth of insight to share. I’m joined today by Kim Kesterke from Atlanta, GA, Moneeka Sawyer from Sacramento and San Francisco, CA, and Mark Dolfini, from Lafayette, IN. We enjoyed a fascinating conversation with the Flipping America REIA group. I thought it was worth a replay to a wider audience and there is no way we are going to get it all in today. So this will be part 1 and we will conclude on the next episode.

What’s the point of all this anyway? I’d say “Financial Freedom” is most of it. Flipping houses can be lucrative, but passive income is where you want to end up. Today Chris Miles is going to start us in the right direction. Chris is the founder of Money Ripples and has an interesting take on financial freedom. I know you’re going to enjoy the interview in just a few minutes. I promised we would take questions from listeners today and we got a monster question – ok, maybe not a monster QUESTION but it might be a monster ANSWER. Darla, from Manchester, GA asked, “I am thinking about flipping some houses, but I’m a studier. I want to know what I’m getting into. What are the biggest risks in flipping houses?” My answer to that led to a little essay that is probably going to go up on YouTube and will likely be the only question I get to today. Don’t worry! Keep the questions coming and we will get to them all. I promise. Send them to [email protected].

We’ve documented 85 possible careers in real estate and real estate investing. With all of the sub-branches and variations, it’s likely there are more than a thousand ways to make a million bucks in real estate. Today we are going to talk about one of the best, on Flipping America. Bill Ham was an airline pilot who thought he had a nice life and easy money. Then he got into real estate, particularly multi-family, and he found just exactly what he had been missing. He’s joining us in just a few moments. We will take some of your questions on the next show, so send them to [email protected]. You’ll get an answer even if we don’t use it on the show.

When a government declares war on an industry, guess who wins? It doesn’t matter how big the industry is, the government has more guns and will always win. Coming up today we are going to talk about rising interest rates, why it’s happening, why it NEEDS to happen and we are going to connect some dots between government policies and the situation in which we find ourselves. Today we are talking about rising interest rates and the impact on the economy, real estate in general and on real estate investors in particular.

What the heck is a perceptual sieve and how would you use this in your real life? You have one - you use it all day every day - and you might not even know it. But today I’m going to share an insight with you that could profoundly affect the way you interact with others. On this episode of Flipping America.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield News and Resources:  Even the pros agree with me. Perception is NOT reality. Think, people.  https://www.psychologytoday.com/us/blog/the-power-prime/201908/perception-is-not-reality https://greatergood.berkeley.edu/article/item/eight_reasons_to_distrust_your_own_perceptions Quote of the Day May the roof above us never fall in. And may the friends gathered below it never fall out.

I’ve done more than 2000 deals and on most of them I had at least one partner. That’s a lot of partners and not all of them have been great. Today I’m going to help you sort out the whole partnership thing. You can’t control who sits at the table where you are doing a deal. But you CAN control who is sitting on your side of the table. And you should. A bad partner can hurt you - can cost you and sometimes can ruin you. Good partners have helped me make hundreds of thousands of dollars and bad partners have cost me hundreds of thousands. In fact, I’d probably be a million dollars ahead of where I am now if I had consistently applied the principles I’m going to share with you today.  In my defense, I didn’t know these principles. I learned them while attending the Church of the Painful Truth. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: $150,000 giveaway. News and Resources:  Some thoughts about the so-called non-disclosure states: https://www.oceancitytoday.com/business/real_estate_report/several-states-do-not-disclose-sale-prices-to-public/article_31fe9010-9dab-11e9-bf92-cb9ad3f9d4ec.html#:~:text=But%2C%20there%20are%2012%20states,not%20available%20to%20the%20public. This is a very nice summary of non-disclosure states and what to do with them. https://retipster.com/non-disclosure-states-map/ The WSJ weighs in on non-disclosure states https://www.wsj.com/articles/the-states-where-home-prices-are-secret-11560956939 You can get Privy. They are not affected by the data loss: Privy: http://bit.ly/getprivyprogram https://finance.yahoo.com/news/sothebys-international-realty-2022-luxury-180000220.html  https://www.rismedia.com/2022/01/21/international-home-buying-trends-keep-eye-2022/  https://www.jdsupra.com/legalnews/buying-and-selling-real-estate-in-3826577/  https://www.geektime.com/op-ed-matan-pertman-rm-group/  Mindset Moment:  The Qualities of a Good Partner Honesty Value Responsibility Complementary Strengths Emotional maturity / stability Starr Has Questions:  How do you vet a partner Red flags  before signing the dotted line A good deal/split for partnering on a first time flip Rules of engagement:i.e. (deeds, loan, operational agreement) Quote of the Day May the roof above us never fall in. And may the friends gathered below it never fall out.

Last time we talked a bit about investing in a foreign country. We will wrap up that conversation today and then take some of your questions We don’t encourage everyone to drop what you are doing and start flipping houses like you see on TV, but we do encourage everyone to have real estate as a part of their investment portfolio. Today we are looking at an interesting possibility in another country and I will weigh in with some of my criteria I use when evaluating international investing.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield News and Resources:  https://wikitravel.org/en/Nigeria https://en.wikipedia.org/wiki/Nigeria Questions from Listeners:  Sidney, Austin, TX “Where are the opportunities you see in a tight market in 2022?” Grant, Macon, GA “I want to do this! I’ve been watching a show {name of show removed} on TV and I want to get into the business. I found your podcast and you seem to be a guy who can help me. What do I need to do to get started? I have a decent job and about $10,000 to invest. I don’t hate my job but I hope I can transition out to this as a career.” Jenny, Port St. Lucie, FL “New year, new me. I’ve set some big goals for 2022. I want to acquire 3 rental properties this year and need some advice. 1. Should I try to buy right here in my local area and if so, how do I find possibilities? 2. How do I know a particular house is going to be a good investment? Thank you in advance for your time.” Quote of the Day May you have love that never ends, Lots of money, and lots of friends. Health be yours, whatever you do, And may God send many blessings to you!

This show is called Flipping America, but what if we were talking about other places besides America? Flipping the World? Today we are going to talk about International Possibilities. We don’t encourage everyone to drop what you are doing and start flipping houses like you see on TV, but we do encourage everyone to have real estate as a part of their investment portfolio. Today we are looking at an interesting possibility in another country and I will weigh in with some of my criteria I use when evaluating international investing.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors “Create the Life You Want” just $29. bit.ly/dreamthenplan News and Resources:  https://wikitravel.org/en/Nigeria https://en.wikipedia.org/wiki/Nigeria Questions from Listeners:  Sidney, Austin, TX “Where are the opportunities you see in a tight market in 2022?” Grant, Macon, GA “I want to do this! I’ve been watching a show {name of show removed} on TV and I want to get into the business. I found your podcast and you seem to be a guy who can help me. What do I need to do to get started? I have a decent job and about $10,000 to invest. I don’t hate my job but I hope I can transition out to this as a career.” Jenny, Port St. Lucie, FL “New year, new me. I’ve set some big goals for 2022. I want to acquire 3 rental properties this year and need some advice. 1. Should I try to buy right here in my local area and if so, how do I find possibilities? 2. How do I know a particular house is going to be a good investment? Thank you in advance for your time.” Quote of the Day May the best day of your past be the worst day of your future.

We don’t get many breaking news headlines in real estate – much less in the real estate investing world. In fact the general public didn’t notice this at all, but this week we had a minor earthquake in the investing world. Third party data providers lost access to failed listing and sold property data. What does it mean, who is affected, and how should you deal with this - today on Flipping America. Panic is never a good first response. But it’s understandable when you unexpectedly lose a major tool that your business relies on. And this is why your business should never rely on just one tool or one platform. If your entire operation is based on a technology owned and controlled entirely by someone else, your livelihood is in their hands. Amazon third party sellers are unwise to stake their lives on the Amazon platform. I’ve seen sellers lose their ability to sell for a variety of reasons - none of which were their fault. I’ve seen sellers sell the same product for months or years and suddenly be told they can no longer sell that product. Or worse yet, Amazon decides to sell it. I’ve seen people build a nice following on Patreon and YouTube only after taking a position those platforms don’t like, become de-platformed or de-monetized. I do not and will not put all my eggs in one basket. I don’t talk about this much but I work hard to develop multiple income streams. At the moment they are all generally in the same field, but that isn’t the long term plan. I’m not going to talk about that today because all of this is leading to one simple statement: If you are completely dependent on Propstream for your real estate business, you are probably unwise.  Propstream announced this week that due to some changing regulations, they will no longer be allowed to provide information on failed listings or sold properties. Failed or expired listings is but one of over a hundred possible data points from which to build a marketing list. And it’s not one of my favorites. If a listing expires without selling - especially in the past three years - it’s almost always because the seller is asking too much. I’ve marketed to this list in the past, but don’t find many who are willing to lower their expectations simply because the listing expired. So this really isn’t a big deal. The lost of sold comps is a big deal - a huge deal. We run comps based on sold properties. This is without question the most reliable way to know what your potential investment is potentially worth. This data is essential for appraisers, lenders, and even tax assessors. Well guess what, you can’t really develop a solid “after repair value” without sold comps.  Or can 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: 877-55-ROGER (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: $150,000 giveaway. News and Resources:  Some thoughts about the so-called non-disclosure states: https://www.oceancitytoday.com/business/real_estate_report/several-states-do-not-disclose-sale-prices-to-public/article_31fe9010-9dab-11e9-bf92-cb9ad3f9d4ec.html#:~:text=But%2C%20there%20are%2012%20states,not%20available%20to%20the%20public. This is a very nice summary of non-disclosure states and what to do with them. https://retipster.com/non-disclosure-states-map/ The WSJ weighs in on non-disclosure states https://www.wsj.com/articles/the-states-where-home-prices-are-secret-11560956939 You can get Privy. They are not affected by the data loss: Privy: http://bit.ly/getprivyprogram Mindset Moment:  What should you do if you don’t have access to the sold comps? Simply enter the address into your search engine. Look at several links, see several opinions about the value. If they are all similar (but not necessarily exact), you might have a good number.  Look at your subscription data providers - Privy, PropStream, Batchleads, ets. And see what they might say.  Develop a relationship with a realtor in your target market. The best way to do that is make them some money. Don’t ask them to run your comps. Ask them to look at your work and see whether they agree. It’s almost a certainty they will know more about the local market than you will.  Questions from Listeners:  Lydia, St. Paul, MN, “Our city is experiencing a crime wave like I’ve never seen. I want to sell all of my rental properties (I have 9). But where could I put the money? Cameron, Chattanooga, TN, “My partner and I just had a falling out. We own 17 rental houses and currently have 3 flips together. We don’t want to be friends any longer but both of us are fair-minded and want to divide the assets as evenly as we can. Can you offer any guidance?” Sidney, Austin, TX “Where are the opportunities you see in a tight market in 2022?” Grant, Macon, GA “I want to do this! I’ve been watching a show {name of show removed} on TV and I want to get into the business. I found your podcast and you seem to be a guy who can help me. What do I need to do to get started? I have a decent job and about $10,000 to invest. I don’t hate my job but I hope I can transition out to this as a career.” Jenny, Port St. Lucie, FL “New year, new me. I’ve set some big goals for 2022. I want to acquire 3 rental properties this year and need some advice. 1. Should I try to buy right here in my local area and if so, how do I find possibilities? 2. How do I know a particular house is going to be a good investment? Thank you in advance for your time.” Quote of the Day May the best day of your past be the worst day of your future.

Today we are going to talk about how to engage in forward thinking. No… not the kind that will get your face slapped… the kind that will propel your business where you want it to be.  We have answers to your questions, we have forward thinking trends, we have issues, we have some messing around, and most of all, we have what you need to move your business forward. Welcome to 2022 everyone! I’m glad you made it this far and we are thrilled that you’ve joined us for the ride.  We are starting something brand new today. Although we are still on our nationwide radio network doing the hour-long show, we are breaking each show into logical components to create multiple podcasts out of each radio show. Like most things we try, we don’t know how it’s going to work or whether it will work, but we suspect that people have a hard time committing to an hour long listening experience. Yes I know you could just stop and pick it right back up, but depending on the platform you are using, it may not be that simple. So let us know what you think about the new format if you are listening to the podcast.  Coming up today is a little forward thinking of our own - the Flipping America Colors of the 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: 877-55-ROGER (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: $150,000 giveaway. News and Resources:  Marketing trends? The first one is just a statement of the obvious, not a trend. It gets a little better. https://www.forbes.com/sites/forbescoachescouncil/2021/12/07/twelve-digital-marketing-trends-for-2022-and-how-to-take-advantage-of-them/?sh=38cadaf27138  The answer is,  https://www.cnbc.com/2021/12/29/what-will-the-2022-housing-market-look-like.html  5 housing trends for 2022: What’s ahead for mortgage rates, home prices, demographic trends? https://www.bankrate.com/real-estate/5-trends-for-housing-market-in-2022/ 7 Marketing Trends That Will Define Success in 2022 https://www.entrepreneur.com/article/394483  Some thoughts about the Color of the Year. https://www.wsj.com/articles/pantone-picks-a-color-of-the-year-so-does-everybody-else-11639068306 Mindset Moment:  Questions from Listeners:  AJ, Macon GA, “I get lots of emails from wholesalers and don’t know whether I can believe any of them. Can you give me other ideas for creating some deal flow?” Kerry, Elizabethtown, KY “I just watched a YouTube video where a guy said the real estate market is set to crash in 2022. What do you see happening with foreclosures in 2022? Are we going to see a huge crash?” Lydia, St. Paul, MN, “Our city is experiencing a crime wave like I’ve never seen. I want to sell all of my rental properties (I have 9). But where could I put the money? Cameron, Chattanooga, TN, “My partner and I just had a falling out. We own 17 rental houses and currently have 3 flips together. We don’t want to be friends any longer but both of us are fair-minded and want to divide the assets as evenly as we can. Can you offer any guidance?” Sidney, Austin, TX “Where are the opportunities you see in a tight market in 2022?” Quote of the Day May the road rise up to meet you. May the wind be always at your back. May the sun shine warm upon your face, The rains fall soft upon your fields, And, until we meet again, May God hold you in the palm of His hand. “A person who never made a mistake never tried anything.” Albert Einstein  

The Bad News is Time Flies. The good news is you’re the pilot. -Michael Altshuler Another Year has flown by. So how did you do? We will talk about what and how we did here at Flipping America and make some predictions for next year.  What WE have done How many properties? Bought and/or sold 123 properties How many meetings? Did 45 live events How many shows? 143 shows / podcasts Sales numbers in $4.9M What’s happened in the market Values up 18% year over year. I predicted 9% Interest rates held steady below 3% for a 30 yr fixed rate. I predicted this Number of homes sold: 6.49M I predicted 5M Effects of the pandemic none or negligible. I called this 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Several members of the Fed believe interest rates will rise 3 times in 2020. https://www.cnbc.com/2021/12/15/the-majority-of-fed-members-forecast-three-interest-rate-hikes-in-2022-to-fight-inflation.html Is there a conflict of interest here? https://themortgagereports.com/86225/mortgage-rates-forecast-2022 Inflation projections https://knoema.com/kyaewad/us-inflation-forecast-2021-2022-and-long-term-to-2030-data-and-charts More inflation projections https://blogs.lse.ac.uk/usappblog/2021/11/25/the-us-may-be-stuck-with-higher-inflation-in-2022-and-potentially-beyond/ Real estate leaders and experts weigh in on 2022. https://www.forbes.com/sites/brendarichardson/2021/12/13/experts-predict-what-the-housing-market-will-look-like-in-2022/?sh=404ab0f93942 Mindset Moment:  For 2022 Interest Rates. Last year Roger predicted rates would remain at or below 3%. Correct! Inflation. Roger made no prediction - it had been several years since inflation had been a thing. Housing Market in general How many homes will sell next year? Roger predicted 5M. It was over 6. What percentage of those will be flipped? 5% (That’s too easy) The impact on real estate investors. What should we be doing? Where should we be looking? What's new for 2022   Quote of the Day We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first chapter is New Year's Day. -Edith Lovejoy Pierce The Bad News is Time Flies. The good news is you’re the pilot. -Michael Altshuler    

Location, location, location. Today we are talking about places - a LOT of places. The best places to live, work and invest for 2021, coming up. I’m going to go through a lot of articles you could easily find on the internet yourself. But what you won’t find is my interpretation, comments, and insights into those articles. For that, you’ll just have to keep it here for the next 59 minutes while I lay a little perspective on ya.  Criteria Everyone who compiles a list of any sort or ranks anything must have some type of criteria. As we dig into the articles I’ll talk about the criteria used for making these lists and in a few cases, tell you why I know the writers don’t actually invest in real estate. They just do some math and write articles. And in one article today, I am sadly going to have to take issue with a very good friend. It’s ok. We are still friends - we can disagree on things.  Local or not? US World 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Best Places to Live and Retire Now https://www.aarp.org/retirement/planning-for-retirement/info-2021/best-places-to-live.html   The Best Places to Live in Georgia in 2021 https://www.rent.com/blog/best-places-to-live-in-georgia/  The 10 best U.S. cities for renters in 2021 https://www.cnbc.com/2021/08/14/wallethub-best-us-cities-for-renters-in-2021.html  20 Best Places to Invest in Rental Property in 2021 https://www.yahoo.com/now/20-best-places-invest-rental-134710597.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEHx5l76uJkMxDQO9ZwiuNmzjpkcf2tJshMKMRZ8b3cIy9ekXfJjbFSCEz4sn62uIUcwfDOTCS7SuDaNHliz3LAbVPM45G1CwUApLMabsTiOUiqUv-llBO4rGcz2RtnC4q-te8ezN0U7s1l5UcoGXhrZqhrs75INFgQLNGExyZph  This North Texas suburb is the best place in the country to live, according to the New York Times https://www.wfaa.com/article/money/economy/euless-texas-is-best-place-to-live-in-america-new-york-times-says/287-f6f246fb-082e-4f91-8aa5-288d251ac142  Best Cities For Renters 2021 https://www.forbes.com/advisor/renters-insurance/best-cities-for-renters/  Understanding the Price to rent ratio https://www.millionacres.com/real-estate-investing/the-power-of-understanding-price-to-rent-ratios/ Best places - Quality of life: https://realestate.usnews.com/places/rankings/best-places-to-live-for-quality-of-life Best Places: Safest. https://realestate.usnews.com/places/rankings/safest-places-to-live Norada’s take on best places to invest: https://www.noradarealestate.com/blog/best-places-to-invest-in-real-estate/ The best places to invest according to Real Wealth Network: https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/ Best places to invest according to Millionacres.com. https://www.millionacres.com/real-estate-investing/rental-properties/10-best-places-buy-rental-property/ Mindset Moment:  We need to talk about Price to Rent Ratio Quote of the Day If you know you’re going home, the journey is never too hard.Angela Wood  

I’ve seen the 2021 House Flipping Report and some of you should be terrified. I’ll tell you why on this episode of Flipping America.  It looks like we are going to finish 2021 with about 350,000 homes flipped nationwide. How does this compare to 2020? And what does 2022 look like? We will get into that today on the show. We won’t know the actual numbers until about March of 22, but based on what I’ve seen so far, it looks like we are flipping about 80-90,000 homes per quarter across the country. That volume is down a bit from 2020, but we are holding steady at about 5% of all homes sold. Here’s something important - gross profits are down. According to Attom Data, gross profits this year averaged about $69,000 per property, which is just slightly less than last year, but this is the important part, the average ROI is down to 33% - down from 40% last year. In a few minutes I’ll break down this data, talk about why this is happening and suggest what you might do about it. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield News and Resources: best places to flip houses 2021 Do we have a “vacancy crisis” in the US? Nah.  https://www.millionacres.com/real-estate-market/articles/cities-with-the-most-vacant-homes-and-why-it-matters/  ATTOM :Home Flipping Profit Margins Drop Again Across U.S. in Third Quarter of 2021 Even as Flipping Activity Keeps Rising https://www.attomdata.com/news/market-trends/flipping/attom-q3-2021-u-s-home-flipping-repor Home Flipping Increases While Profit Margins Continue to Drop Across U.S. in Second Quarter of 2021 https://www.attomdata.com/news/market-trends/flipping/attom-q2-2021-u-s-home-flipping-report/  Home Flipping Rate and Gross Profits Decline Across U.S. in First Quarter of 2021 https://www.attomdata.com/news/market-trends/flipping/q1-2021-u-s-home-flipping-report/  Top 10 ZIPS to Flip Based on Raw Profits in Q2 2021 https://www.attomdata.com/news/market-trends/figuresfriday/top-10-zips-to-flip-based-on-raw-profits-in-q2-2021/  10 Best Places To Flip Houses https://www.fa-mag.com/news/2021-s-best-places-to-flip-houses-63327.html South Carolina city named best to 'flip' a house in U.S. https://www.wltx.com/article/money/south-carolina-city-best-flip-house/101-de8a4240-459e-4acd-91ab-3fd94cbc5ab5  Not everyone is making money flipping homes.  https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-counties-where-home-flipping-isnt-flopping/ Here is the full home flipping report from the definitive source.  https://www.attomdata.com/solutions/market-trends-data/home-flipping-report/ The Best and Worst Cities to Flip Houses https://www.nytimes.com/2021/08/05/realestate/the-best-and-worst-cities-to-flip-houses.html  Mindset Moment:  Why does Attom Data only report gross profits? They don’t know cost of repairs or other expenses, like cost of capital. But I would put it at 25-30% of ARV. How does the profit remain the same and ROI go down by almost 18% (from 40% ROI to 33%) on flips? What should we do? Lower our expectations? Accept lower profits or margins?   Acq 400k. ROI 33%. ARV? Feel free to double check my math.  Gross Profit = ARV - ACQ. Let’s say ARV is x and ACQ is y. Because we know the ROI average is 33%, we want to solve for something else. Let’s solve for ARV.  ROI = GP/ACQ, right? And GP = x-y. So here’s the formula.  ROI = (x-y)/y. We want to solve for x (ARV). (ROI)y = x-y (ROI)y + y = x ACQ = 400k ROI = 33% ARV is $532.  Based on the average numbers from flippers across the country, costs are about 25% of ARV. In this case that’s $133k.  This is a ZERO profit deal. So according to ATTOM Data averages, most flippers aren’t making any money. You would do just as well to sit home and do nothing.  Furthermore, if your net ROI is less than 10% you’re wasting your time. Put your money into a fund and do something different with your time.  Questions from Listeners:  Devante Holmes  North Charleston, SC I got into real estate for the money, seven years later, I am still here because I love being an investor. I have had my fun, and now I am thinking more about how to retire from real estate in the next 10 years. Retirement to me looks like 15 million at the least. What's your strategy? Do you have a blueprint for retirement? Paul Brown Decatur, GA  there is a big debate going on amongst friends about the best season to sell. Are Fall and Winter not a  good time to sell properties? Tis is the season. Timothy Fayley, Manchester,NH  Hey “I am about to rent out my property. It's considered “move in ready”, but I have some minor things I want to fix. Should I fix these things, before I get a tenant; i.e basement door, paint, updated standard light decor, change the carpet to wood or test the waters?.`` Cinnamon Bradley Buckhead, GA I sold my first house last week, however I believe I lost out on a lot of money because I did not understand the numbers. I wanted to take away 60,000 but ended up taking away less than 30,000. The wholesaler got 12,000, which I thought was too much. The realtor got 3% and I was left with 30,000 after closing.  I really wanted 60,000. Oh, and the bank with penalty fee money of 9,000. I thought I calculated right, how did this happen?  Quote of the Day “A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill  

How do YOU define a top real estate market? And based on your criteria, what would your list of top markets look like? We are going to consider some expert opinions today. If you’re new to Flipping America, this is a show about real estate. Although it’s called “Flipping America,” it’s not just about flipping houses. We do not encourage everyone to drop what you are doing and start flipping houses like you see on TV. But your hosts, Starr Keels and I are convinced that real estate is a great investment if you choose wisely and everyone ought to have real estate somewhere in their investment portfolio - even if it’s only shares in a REIT.  Today the “investment” part of real estate is a smaller part of the conversation. We are focusing ton the top markets - the hottest markets. Next time we are going to talk about the best places in America to flip properties and next week we are doing a show completely devoted to the best places in America to live - for renters as well as buyers. Also coming next week are planning our annual forecasting show. We will take a look at my predictions for 2021, talk to some experts, and make some more predictions for 2022.   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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield News and Resources:  These markets are expected to be the hottest for real estate in 2022 https://fortune.com/2021/10/18/hot-real-estate-markets-2022-outlook-real-estate-buying-a-house/  8 Best Real Estate Markets In 2021 https://www.rocketmortgage.com/learn/best-real-estate-markets  15 Market Prediction Trends For 2022 And Beyond https://www.forbes.com/sites/forbesbizcouncil/2021/11/03/15-real-estate-pros-share-their-market-prediction-trends-for-2022-and-beyond/?sh=65af74a32e3f  https://www.usatoday.com/story/money/personalfinance/real-estate/2021/08/12/hottest-housing-markets-united-states-zip-codes/5518357001/ https://www.realtor.com/research/september-2021-hottest-housing-markets/ https://realestate.usnews.com/real-estate/slideshows/25-best-places-to-live-in-the-us Questions from Listeners: FROM TEAM RILA   Lue, Atlanta GA: I am also a beginner investor, with horrible credit, and no experience. Hey, everyone starts somewhere right . How can I present myself to other investors and convince them to partner with me on deals? Lanell, Dallas TX: Can you give us some of your more efficient ways to purchase properties “no money down?” When I say we, I mean me and my daughter. We’re a mother-daughter duo.  Winnie Boston, MA: ugh, I just need to get over the hump and get to the next level in investing. My goal is $15,000 a month. I average 5,000 a month with 2 flips a year. I am not interested in doing rental properties. Any advice? Paul, Smyrna GA: Hey, when are you guys going to do a meet, greet, and investor event. or are you guys still social distancing...with no human contact? virtual is just not good for the human psychic Quote of the Day   “The only place success comes before work is in the dictionary.” – Vince Lombardi  

Goal setting can be detrimental to your mental health. That’s right. You heard it here. I have research studies that back that up. But the same study suggests that there is another approach that can indeed change your life. We’re going to talk about that today on Flipping America. I’ve conducted a small informal survey of people asking the question, “what do you look forward to least about the beginning of each year?” More than half the people I spoke with said, “resolutions.” Why? Because they don’t keep them. Today we’re going to talk about something else.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  5 Real Estate Goals Every SMART Investor Should Set https://www.fortunebuilders.com/5-real-estate-business-goals/  Investing in real estate: What you need to know https://www.washingtonblade.com/2021/11/27/investing-in-real-estate-what-you-need-to-know/  How to Apply Warren Buffett's Investment Approach to Real Estate https://www.entrepreneur.com/article/397056  Interesting information on Goal Setting https://www.frontiersin.org/articles/10.3389/fpsyg.2021.704790/full Questions from Listeners:  Lanell, Dallas TX: Can you give us some of your more efficient ways to purchase properties “no money down?” When I say we, I mean me and my daughter. We’re a mother-daughter duo.  Winnie Boston, MA: ugh, I just need to get over the hump and get to the next level in investing. My goal is $15,000 a month. I average 5,000 a month with 2 flips a year. I am not interested in doing rental properties. Any advice?  Lue, Atlanta GA: I am also a beginner investor, with horrible credit, and no experience. Hey, everyone starts somewhere right . How can I present myself to other investors and convince them to partner with me on deals? Paul, Smyrna GA: Hey, when are you guys going to do a meet, greet, and investor event. or are you guys still social distancing...with no human contact? virtual is just not good for the human psychic Quote of the Day “A Goal without a PLAN is just a dream.” "If you’re bored with life – you don’t get up every morning with a burning desire to do things – you don’t have enough goals." –Lou Holtz "If you don’t know where you are going, you will probably end up somewhere else." –Lawrence J. Peter

From Starr Keels: Today I’m going to bring to you one of the most knowledgeable guys in real estate. On this episode of Flipping America I have always wondered just how this guy does what he does and knows what he knows. Over the years I have come to know Roger… and he is a walking, talking google for investing. Roger has a ton of experience and knowledge. He does alot of research and fact checking to provide his listeners with the most accurate and up to date information and resources...I truly believe he may have best forecast psychic abilities for where the market is going…don't believe me, I'll tune in because today I’m going to put him to the test. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  Questions from Listeners: Roger Knows Candy, New Orleans, LA “Ok, can you give a rundown on “buying a property wholesale and then selling it to a sister company to avoid double closing and to get more bang for your buck”. I may not be saying this right, but this is what I took from the conversation I was having with another investor. I just didn’t quite understand the concept. Larry, Atlanta, GA  “I hear ‘your network is your net worth’ all the time. Can you give me some tips on building my network? I have a busy full-time job, a wife and family, and am doing real estate on the side. How can I fit this in?” Clay, Atlanta,GA  I sold a business and have some cash. A local investor wants me to partner with him by putting up some cash for a downpayment on one of the properties he wants to buy. He’s done a few hundred flips and I’ve known him awhile. I trust him but I still want to make sure I’m protected. What should I do? Cloee, Hammond, IN, “I listened to what you said and went out and made offers on three houses. Two of them got accepted! What do I do now? I don’t have the knowledge or ability to fix and flip them, but I think the numbers are right, according to what I’ve been hearing from you. Please tell me what’s next?” Elyssa, Vicksburg MS  Starr thanks for connecting me to the show, it's awesome! Hey Roger “My mom left me a house, I had to go through a legal process to get it out of probate…don’t know if I am saying it right, because I do not know anything about real estate vocab. Anywho, I finally have the home and I have turned it into a rental property. It's been 5months now and I kinda like it. I want to invest in another rental, but I don't know where or how to start. I can use your help with this.” Arnold, Charleston SC, My hands are tied…helllllllp! I took out a hard money loan of 75,000 to renovate a property. And it's taking longer than expected to do the renovations because of permit delays.This loan has me losing a lot of money and I had to get an extension which came with a fee. . I NEED OUT Lance, covington, GA: first, I wanna say… “loooooove the show”. Roger you the man and Starr you shine bright.Thinking seriously about living some properties behind for my loved ones, depending on how they treat me in my last years? What can I do to protect my assets …insurance, trust, what? Shauntai, Memphis, TN, “My partner and I have been offered 12 row houses - the entire block for $15,000. They are vacant and need work. I feel we can leverage the market to go in our favor. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. What do you think?”      

For the past 3 years, finding that next deal has been the most challenging part of single family real estate investing. We are spending marketing dollars not to sell our properties, but to generate leads - people who want or need to sell their house in the next sixty days.   Chad has been doing Facebook marketing and Search Engine Optimization for local businesses, startups, and fortune 500 companies for the past 12 years. They have been recognized by Forbes, Inc. & all the major publications for their skills. They have spent millions in advertising dollars to learn the game from the inside out. Digital advertising is their craft that they’ve perfected over the past 12+ years but…. 5 years ago after buying a few rental properties from their agency profits they realized where the true wealth is and that was the start of their real estate empire. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:   Sellers Have Incredible Leverage in Today's Market https://patch.com/massachusetts/shrewsbury/sellers-have-incredible-leverage-today-s-market  Motivated Sellers: How To Find And Negotiate With Them | Real Estate Skills  https://www.realestateskills.com/blog/motivated-sellers  4 Best Scenarios For Real Estate Investors To Find Motivated Sellers https://www.nuwireinvestor.com/4-best-scenarios-for-real-estate-investors-to-find-motivated-sellers/  Mindset Moment:  Questions from Listeners:  Ronnie from Boulder CO, “I have kind of a dumb question. How do you pick a name for your company?  Courtney from Atlanta, “I’m in the insurance business but thinking about flipping a few houses here and there. How much of my time will this take?” Steve from Houston, TX, “I’ve formed my company, secured a domain name for a website, hired a CPA, and talked to a few local realtors. What else do I need to do in order to get ready to enter this business?” Andrew from Long Beach, CA, “I’ve been flipping 2-3 houses per year. How do I make the move to the next level? I want to be doing 1-2 per month.”  Beth from Milwaukee, WI, “How do I find my first deal?”   Social Media Direct Mail MLS Craigslist Persistent Consistency   Lauren from Atlanta, “I love my job and don’t want to quit, but I’m interested in passive income from real estate. What’s my best move?” Quote of the Day “Be so good they can’t ignore you.” -Steve Martin    

If you own a property, you ought to insure it. Your property is at risk.  If you own investment property, you REALLY need to insure it. Your entire livelihood is at risk. Today we are going to tell you why the insurance you have might be worthless and tell you what you need. If you have the wrong insurance, your company will not cover you in a claim. They are never going to act out of the goodness of their heart. They are a company and companies don’t have a heart. They are going to act in the best interest of their stakeholders or shareholders.  In some cases you might have the RIGHT insurance but they refuse to pay your claim anyway. You would think this would be a rare occurrence, but it happens often enough that entire law firms are built to combat this. Today we are going to speak with one such firm - Insurance Claims Headquarters. And our guest is Attorney Galen Hair.  That’s coming up in just 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  What Does Builder's Risk Insurance Cover? https://usassure.com/blog/construction/what-does-builders-risk-insurance-cover  How home fire insurance works? https://www.ahainsurance.ca/home-insurance/home-fire-insurance/  Mindset Moment:  Questions from Listeners:  Michelle, Las Vegas. I have an opportunity to buy a house that needs serious updating. I plan to move in and make repairs as I go. Can you recommend a hard money lender out here in Vegas? The house is selling for $265,000, but it would be worth nearly $600,000 when I get all the work done. It will take about $120k to do everything I want to do, but I also plan to live here several years. I make good money and could qualify for a loan up to about 400,000, but the lender I spoke with won’t loan money to make the repairs.  My answer: Dodd-Frank prohibits HM lenders. Conforming lenders are limited when repairs are needed. FHA requires finished floors, for example.   FHA 203k Loan Go conventional, make repairs as you can with cash.  OR get a HELOC and make repairs.  Andy, LaSalle Pennsylvania, “I have two great deals in front of me, but I don’t have enough cash to do them both. What would you do?” Jeff, Louisville, KY,I like your show and appreciate what you have to say. I want to get some training, but I’m cheap. I am finding a lot of information on the internet for free. Why should I pay for training and oh by the way, do you have an opinion about which free resources are best?  Helen, Ocala, FL, My husband Bob and I want to buy 3 or 4 rental houses, but we don’t want to manage them. Therefore we don’t care where they are really. Can you help us? Patricia, Greensboro, NC, I have two rentals I want to sell. They are rented so I guess I’ll need to sell them to an investor. Would an agent even list these properties? If not, how would I go about selling them? Tim, Las Vegas, I think I heard you say something about using a realtor. I’m a professional investor. I can take calls and sell the property myself. Why would I want to give up 6 or 7 percent of the sales price to an order taker? Nick from Aurora, CO, How do you go about hiring a realtor in a new area? What are some of the things you look for? What do you ask them for and what do you promise them? Quote of the Day You are the Artist of your own life. Don’t hand the paintbrush to someone else. -Anonymous

We are going to talk today about how to monetize your dead leads. That’s a topic that hairdressers, electricians, OR real estate marketers would love. We send a lot of mail and make a lot of calls every week, trying to turn up properties to buy. Despite our best efforts, hundreds of warm leads don’t result in actual purchases. Until now we would just move along, but as of today, we know we can still monetize those leads.  Chris Craddock is a real estate investor and innovative marketer. He’s a nationally certified Life Coach in Leadership and one of the top Real Estate professionals in the world closing 30-65 deals a month. He’s also the host of the Uncommon Real Estate Podcast, a realtor, and entrepreneur who runs multiple successful businesses in the Washington DC Metro area (and Richmond, VA). Chris and his companies consistently bring in close to 10 Million in revenue year after year. His team, The Redux Group, sold just over $160 Million in volume in 2020. Chris has been married for 21 years and is the proud father to six beautiful children.   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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  You can buy a home that needs repairs. There is an FHA loan for that. The 203k. https://www.hud.gov/program_offices/housing/sfh/203k/203k--df How to Revive Dead Leads to Increase Business Growth https://aktify.com/blog/how-to-revive-dead-leads-to-increase-business-growth 5 Effective Tips to Revive Seemingly Dead Sales Leads https://www.prizmmedia.com/revive-dead-leads/  Mindset Moment:  Questions from Listeners:  Roy, Baltimore, MD, “My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn’t pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?” Gary, Harrisburg, PA, “I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I’ve been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg? Jackie, Villages of Ocala, “My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There’s no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It’s hard to give up something that works for something that might work a little better. We’d like you to weigh in.” Lupe, Boulder, CO, “I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it’s not that hard to list a property.” Bernita, Macon, GA, “Is there any way to tell whether or not you need a new roof without getting up on it? I don’t want to climb on a roof.” Michelle, Las Vegas. I have an opportunity to buy a house that needs serious updating. I plan to move in and make repairs as I go. Can you recommend a hard money lender out here in Vegas? The house is selling for $265,000, but it would be worth nearly $600,000 when I get all the work done. It will take about $120k to do everything I want to do, but I also plan to live here several years. I make good money and could qualify for a loan up to about 400,000, but the lender I spoke with won’t loan money to make the repairs.  My answer: Dodd-Frank prohibits HM lenders. Conforming lenders are limited when repairs are needed. FHA requires finished floors, for example.   FHA 203k Loan Go conventional, make repairs as you can with cash.  OR get a HELOC and make repairs.  Clay, Atlanta, I sold a business and have some cash. A local investor wants me to partner with him by putting up some cash for a downpayment on one of the properties he wants to buy. He’s done a few hundred flips and I’ve known him awhile. I trust him but I still want to make sure I’m protected. What should I do? Quote of the Day “The dream is free. The hustle is sold separately.” – Unknown

There is probably nothing I can say about thankfulness or thanksgiving that hasn’t already been said and probably more eloquently put. But like love, your thankfulness is something you can continually give away and never run out of. It’s never too often and usually never too late to think about thanking someone. For you parents out there, if you can imagine how it warms your heart when your children genuinely thank you for all that you do for them, you have a glimpse of how God must feel we we take time to express our gratitude. And although this show is no more religious than it is political, both topics are an important part of our lives and are destined to come up from time to time. So I just want to ask you right now to think about how often you pray. How many times per week? What percentage of those times when you pray do you ask God for something? 100% or close to it? The alternative is just sitting in His presence in gratitude, worship, or just with a listening heart? Part of my challenge for you today is to focus for a few days on thankfulness. If you pray, try praying without asking for anything (“bless this food” is still asking for something). If you don’t pray, it could be something you want to try. But even then, there is someone in your life you could be thanking for something. Think about them. Then Thank them. Even if you have before. We are going to talk more about thankfulness and actually join with some of the members of the Flipping America REIA in giving thanks in just a few minutes, but first I want to get to a backlog of your questions.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  Mindset Moment: Two minutes to change your life. Begin every day for the next 30 days with two solid minutes of thankfulness and gratitude. Don’t ask for anything, don’t allow your brain to wander into goals, or needs or wants. Think about what you have, your situation, the people in your life, and focus on the things for which you are thankful. 2 minutes. Just 2 minutes per day for the next 30 days.   And then perhaps continue on. You do a LOT of things for 2 minutes you don’t really need to do. Why not spend 2 on something that can bring you genuine joy.  News and Resources:  Giving thanks during a pandemic: 'We learn to appreciate things when we lose them https://www.usatoday.com/story/life/health-wellness/2021/11/22/thanksgiving-pandemic-era-gratitude/8658809002/   A Spirit of Gratitude Is Healthy for Society https://www.nytimes.com/2021/11/22/opinion/gratitude-thanksgiving-economics.html  Questions from Listeners:  Carson, Plano, TX “What are a few pros and cons of out-of-state investing?” Hank, Portland, OR, “Glad I found your show. I’ve enjoyed listening. I’m sure you’ve heard this a million times, but I would like to know your  opinion on the best way to get started in this business. Becca, Milwaukee, WI “I’m looking at a deal that just by the numbers looks like a good deal. But when I look at the house it just doesn’t feel right. My boyfriend tells me I should trust the numbers but my realtor kind of agrees with me - it's just an ugly house situated on a weird lot. Am I missing an opportunity if I say no to this? Sandy, Chattanooga TN, “I have an opportunity to buy a rental house in a gentrifying neighborhood just south of downtown. Although it’s improving, the schools there are still terrible and crime is high. The house would yield 2% per month in rents. But I’m hesitant. Can you help me think about this?” Roy, Baltimore, MD, “My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn’t pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?” Gary, Harrisburg, PA, “I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I’ve been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg? Jackie, Villages of Ocala, “My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There’s no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It’s hard to give up something that works for something that might work a little better. We’d like you to weigh in.” Lupe, Boulder, CO, “I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it’s not that hard to list a property.” Bernita, Macon, GA, “Is there any way to tell whether or not you need a new roof without getting up on it? I don’t want to climb on a roof.” Quote of the Day “Let gratitude be the pillow upon which you kneel to say your nightly prayer. And let faith be the bridge you build to overcome evil and welcome good.” — Maya Angelou “I awoke this morning with devout thanksgiving for my friends, the old and the new.” — Ralph Waldo Emerson “Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” — Voltaire “When you arise in the morning, give thanks for the food and for the joy of living. If you see no reason for giving thanks, the fault lies only in yourself.” — Tecumseh “He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has.” — Epictetus “Wear gratitude like a cloak, and it will feed every corner of your life.” — Rumi “We are all more blind to what we have than to what we have not.” — Audre Lorde “‘Thank you’ is the best prayer that anyone could say. I say that one a lot. Thank you expresses extreme gratitude, humility, understanding.” — Alice Walker "Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into acceptance, chaos to order, confusion to clarity. It can turn a meal into a feast, a house into a home, a stranger into a friend. Gratitude makes sense of our past, brings peace for today and creates a vision for tomorrow." — Melody Beattie  

Sometimes we just have to get back to the basics. Flipping Houses. It’s how I got started. It might be a good place for you to start as well. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield  Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Mindset Moment:  Questions from Listeners:  Ken, Murfreesboro, TN, “My tenant shorted the rent this month, claiming they had to fix a water leak under the sink. Said he did it himself, but that saved me about $200, so he took $200 out of the rent. I think he can’t do this, but what do I do?” Alexandra, Fresno, CA “It’s often a challenge to remove a tenant here in California. Where are some places that are more landlord friendly?” Eric, Portland, OR “Hey I just caught your show on iHeart radio and watched some of your videos on YouTube. Thanks for all the information. I’m about to buy my first place and I’m thinking I might buy a duplex, live in one side and rent out the other. Do you think this will work?” Robert, Tampa, FL “In your opinion what is the most reliable way to establish the fair market rent of a property? I’m not a realtor, don’t have access to the MLS, and hate to bug my realtor friends about it all the time.” Ellen, Milwaukee, WI. “My husband and I just sold our home to downsize and we are trying to figure out what to do with the money -- over $200,000. He’s semi-retired, bored, and handy. We’ve thought about flipping some houses. What advice would you give us?” Kandra, Las Vegas, NV “I recently attended a seminar here put on by [a TV personality]. I felt like it was just a sales pitch for a $20,000 course. But I was here for a course and really didn’t learn anything. I’m concerned that if I paid the $20,000 I might not learn anything there either. And I don’t have $20,000 anyway. So I didn’t do it. But I’m back to square one. I really want to learn this business! I don’t have any money and my credit has a few dings. Is there any hope for me?” D’Wayne, Louisville, KY “How do you decide whether you are going to fix and property and flip it, fix it and keep it, or just wholesale it? I figure there must be a way to figure out the best thing to do with a property. I have a deal under contract for 72,000. It needs updating and paint and carpet. I think I’ll get $150,000 for it if I flip it. Or I could rent it out for $900 per month. But another investor just offered me $10,000 for my contract. What would you do? Roberto, Long Beach, CA “What do you think the long term consequences for real estate will be in those areas hit by hurricanes. And do you think we will have a similar impact here in California because of all the wildfires?” James, Lancaster, PA “I’ve been researching various REITs and crowdfunding platforms. REITs seem like less involvement from me, which I prefer, but the returns I’m seeing are at best around 6%. With crowdfunding I can get closer to 10% on my money but I have to be a bit more involved. While I’m thinking about it, do you have other options you would recommend?” Quote of the Day “Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.” - Theodore Roosevelt, U.S. president    

You have achieved financial freedom when your passive investments pay for your lifestyle. You can take a week off - a month off - or the rest of your life off. Today, we’re going to talk about how to get there.  How’s the daily grind going for you? You get up, get the kids up and ready, off to school. Then you head to work. Deal with the tasks and some of the drudgery, sit in traffic to get home, supper, a little TV, then to bed. Tomorrow you do it all over again. Are you tired of that?  Wouldn’t it be great to get up when you wake up, (ok, you still might have to get the kids off to school) do what you want all day long, enjoy the company of someone you love, and pursue the activities that will give your life meaning and satisfaction?  Joey Mure and Russ Morgan figured out how to do this. Today they are going to share how they did it and how they are helping others on this journey.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  This won’t directly affect most Americans and it’s sad for those who will be negatively impacted, but it is enlightening to watch communism continue to destroy itself from within. https://www.cnbc.com/2021/11/18/china-evergrande-default-is-highly-likely-sp-says.html Housing shortage? Supply chain issues? Rents up 10% YOY. What could be causing this? I think we know in our hearts. It’s because the American people just don’t understand the supply chain and how it works, right?  https://www.corelogic.com/intelligence/u-s-single-family-rents-up-10-2-year-over-year-in-september/ Mindset Moment:  Questions from Listeners:  Keith, Bakersfield, CA “What is your opinion of flat fee real estate services and the agents that do them?” James, Boulder, CO “We are looking into buying rental properties in college towns. It won’t work here in Boulder with the Air Force Academy, but it seems like a decent idea. Your thoughts?” Casey, Seattle, WA “I was in a meeting a while ago and someone there had been on your show, so I went looking for it. I can’t believe all the great information you are just giving away, but I thank you. I’m really new at this, but my husband and I have some rental properties. They seem to pay for themselves, but I think maybe not quite, when you consider everything. We have 4 houses that together cost us $1.4 million. We get about $6500 per month from them. They are all free and clear with good tenants in good areas. What I don’t know is whether they are really a sound investment. They are in Seattle and we believe they will be worth more in a few years than we paid for them.”  Suzy, Boulder, CO, “I have a tenant who wants to make a partial payment on the 1st and another on the 15th. How do I document this?” Quote of the Day When wealth is lost, nothing is lost; when health is lost, something is lost; when character is lost, all is lost. Billy Graham  

Real estate comes in all shapes and sizes. Last time we talked about buying a hotel, today we will talk about buying a car wash.  Our Guest today, Steff Boldrini, started her investing career when she bought a car wash. That's pretty cool, but she's found something else she likes even better. Today she's going to tell you about it. Steffany grew up in Brazil, but her family ended up in Silicon Valley. She won awards in sales, worked in start-ups and later was an angel investor in startups. But she prefers real estate. She especially likes commercial real estate and that will be our focus today. You don't need me to tell you it's tough to find good house deals these days. Today's conversation is going to help all of us step back and look at the broader picture. If you have ever considered commercial investing, or if you're starting to think about it now, you will want to meet Steff. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  Mindset Moment: Sorting out I was watching the World Series last week, and congrats to the Atlanta Braves for bringing the city their first Major Championship since 1995, the last time the Braves won a world series. While I was watching I started thinking about all the little boys in America who play little league baseball. And how few of them go on to play in middle school or high school. Fewer still will play in high school. About 3-5% of them will play somewhere in college. Half of one percent will be drafted into pro ball.  Questions from Listeners:  Larry, Atlanta, GA  “I hear ‘your network is your net worth’ all the time. Can you give me some tips on building my network? I have a busy full-time job, a wife and family, and am doing real estate on the side. How can I fit this in?” Celia, Hammond, IN, “I listened to what you said and went out and made offers on three houses. Two of them got accepted! What do I do now? I don’t have the knowledge or ability to fix and flip them, but I think the numbers are right, according to what I’ve been hearing from you. Please tell me what’s next?” Tim, Manchester,NH  Hey “I am about to rent out my property. Iae some minor things I want to fix. However, my realtor is telling me to rent out as is. Should I fix these things, before I get a tenant; i.e rail handle for basement, change outdated chandelier to undated standard light decor, change carpet to wood… just a little confused at the moment.” Karen, Boston, MA “I found your show on iHeart radio, but then downloaded the app. I haven’t found you on the radio here in Boston but I don’t even care. The app is great and allows me to listen to all your previous shows. So here’s my question. I want to buy a couple of rental properties, but they are around $300,000 to buy a modest home that I could rent for maybe $1800 per month. That rent would cover my principal and interest payment and most of the taxes, but that’s it. I think I would have to come out of pocket a bit on these. I have a high paying job and the extra expense isn’t a factor. I don’t even need the income. I just wanted to build equity. Am I thinking about it the wrong way?” Quote of the Day “The best way to predict the future is to create it.” - Peter Drucker  

It’s no secret that we make our living in single family houses. But I’ve often wondered if I couldn’t translate the skills I have acquired in this business to something bigger - and maybe easier. Spoiler alert - the answer is YES. And today we’re going to talk about something bigger - MUCH bigger. On this episode of Flipping America. I had Nate Barger on the show not too long ago to talk about the BRRRR method and we didn’t get all the way finished with that subject before we started talking about hotels. I knew right then I had to get him back to talk about hotels. So that’s what we have coming up for you in just a little while today. But first let me comment on some breaking news. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Real estate is NOT yet cooling off. 18% increase YoY. Wow. https://www.corelogic.com/intelligence/u-s-home-price-insights/   Mindset Moment:  Questions from Listeners:  Al, Las Vegas, “Am I better off buying materials for my rehab at [one of the big box stores] or should I go to the local lumberyard and building supply? Karissa, Milwaukee, WI, “I bought two rental properties a couple of years ago following the 1% rule. In order to get that price I had to buy them in an area that makes me a little nervous, but I thought at the time, ‘people live here, why wouldn’t someone want to rent here ya know?’ But I’m not making money. I’m losing money. It’s taking all of my extra income just to maintain the houses and fix them back up after the tenants move out. What am I doing wrong?” Evan, Indianapolis, IN, “I couldn’t make it to FlipStarter. Did I hear you say it’s in video format? I couldn’t find it on your website.” Winifred, Villages of Ocala, FL “My husband only wants to use the cheapest paint, the cheapest carpet, the cheapest fixtures and cheapest everything in our investment houses. He says the tenants don’t care and wouldn’t appreciate better things. He also won’t do anything about controlling bugs or termites. He says that’s the tenant’s responsibility and it says so in the lease. I know we don’t want to put the finest products in our houses, but it seems like we ought to be better than the cheapest. I’d like to know how you handle this.” Lilly, Villages of Ocala, FL, “My husband and I are so tired of our rentals, but we are not tired of the cash flow. We are both in our late 60’s. We’d like to sell them to end the headache but aren’t sure where we would put the money. Any suggestions? Perhaps not sell - perhaps owner finance? Not an investment advisor, but as a suggestion, you could always look into private lending.  Cesar, Long Beach, CA, “I want to buy some rental properties in Atlanta. Can you connect me with resources there for buying and for property management?” Quote of the Day  “If it matters to you… you’ll find a way.” - Gold Step  

What If you could double your money... even triple it without the headache of being a full time landlord? Stay tuned, because I have a guy who will tell you how he brings in more money in less time, with minimal hassle, and little to no maintenance repairs. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources: short term rentals Could the Mid-Term Rental Market Become the Next Investment Goldmine? https://finance.yahoo.com/news/could-mid-term-rental-market-123837661.html   Michigan House approves controversial short-term rental protections in overnight session https://www.detroitnews.com/story/news/local/michigan/2021/10/27/house-approves-controversial-short-term-rental-protections-overnight-session/8563910002/   7 Things I wish I’d known Before Becoming a Short Term Rental Host https://noiseaware.com/blog/7-things-i-wish-id-known-before-i-became-a-short-term-rental-host/  Becoming a Short-Term Rental Host? Here’s What You Need to Know https://moneyning.com/business-idea/becoming-a-short-term-rental-host-heres-what-you-need-to-know/  New Atlanta law requires short-term rental hosts to get permits, collect hotel-motel tax  https://www.avalara.com/mylodgetax/en/blog/2021/03/new-atlanta-law-requires-short-term-rental-hosts-to-get-permits-collect-hotel-motel-tax.html  Mindset Moment:  Questions from Listeners:  Crystal Sims, Dahlonega GA: is there any mortgage protection insurance for investment properties to protect and pay off my property mortgages if anything happens? Kelly, Paducah Kentucky, I have a property that has overwhelmed me. I do not know what to do with this property. I feel stuck. I have a rental loan on the property. My mortgage is 1055, I owe 180,000, but want to get at 230, 000 for it. It will need rehab of about $40,000 if I was selling on the open market. Not sure I can get a private buyer to buy it for what I need to sell it for, without asking to buy it for way less Lynette, Milwaukee, WI, “Do I need to be a realtor in order to be an effective investor?Pros: Access to MLS, Set up your own searches, Best data for CMA’s, Save money on commissionsCons: Cannot pay referral fees to unlicensed individuals, disclosure requirements, continuing ed, much knowledge unrelated to investing. Selling your own flips is like fixing your own flips if you’re a contractor. What you save is offset by the time you spend doing things you could and should be paying someone else to do. Kimberly, Sandy Springs, GA “I’ve heard you mention that you have deals coming to your inbox every day. How do you do that?”  Quote of the Day “You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You're on your own. And you know what you know. And YOU are the one who'll decide where to go...” ― Dr. Seuss, Oh, the Places You'll Go!  

Would you buy land halfway around the planet? Today I’m going to talk with someone who not only does it, it’s her primary source of income. Here’s a pretty cool idea. Alicia Jarrett lives in Melbourne Australia but she makes her living investing in land in Texas and Florida in the US. Let’s start this mental exercise by thinking about where you would like to live. Because we now know you can live anywhere if you have the right tools at your disposal. Alicia is going to talk about the tools she uses and how you can get access to them. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Mindset Moment:  Questions from Listeners:  Al, Las Vegas, “Am I better off buying materials for my rehab at [one of the big box stores] or should I go to the local lumberyard and building supply? Karissa, Milwaukee, WI, “I bought two rental properties a couple of years ago following the 1% rule. In order to get that price I had to buy them in an area that makes me a little nervous, but I thought at the time, ‘people live here, why wouldn’t someone want to rent here ya know?’ But I’m not making money. I’m losing money. It’s taking all of my extra income just to maintain the houses and fix them back up after the tenants move out. What am I doing wrong?” Evan, Indianapolis, IN, “I couldn’t make it to FlipStarter. Did I hear you say it’s in video format? I couldn’t find it on your website.” Winifred, Villages of Ocala, FL “My husband only wants to use the cheapest paint, the cheapest carpet, the cheapest fixtures and cheapest everything in our investment houses. He says the tenants don’t care and wouldn’t appreciate better things. He also won’t do anything about controlling bugs or termites. He says that’s the tenant’s responsibility and it says so in the lease. I know we don’t want to put the finest products in our houses, but it seems like we ought to be better than the cheapest. I’d like to know how you handle this.” Quote of the Day “Stopping advertising to save money is like stopping your watch to save time.” - Henry Ford

Have you been thinking about adding probates to your investing portfolio? Well today is your chance to get started. We are going to hear how to get leads and add probates to your list of deal sources. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield  Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Real estate is NOT yet cooling off. 18% increase YoY. Wow. https://www.corelogic.com/intelligence/u-s-home-price-insights/ Mindset Moment:  Questions from Listeners:  Emily, Wayne, PA, “I’ve done three flips in the past two years. I really want to quit my job and do this full time, but I need to do four to five flips in a year to do that. How do I get to that level?” Mosley Gainesville, GA: Hey, I have been listening to the show and want to say you guys are awesome, great energy. Here's my question... I have rental properties that I want to continue to keep going for my family when I go on into my next life. what steps can I take to ensure my properties... is creating a trust the right way to go? Share Richardson August, GA: Noooo body ever really taught me anything about real estate. Here I am 5 years later, doing ok, but feeling a little stagnant, like I can’t get over the hump to get to the next level in investing. My goal is $30,000 a month. I average 10,000 a month with flips @ 5-6 a year, sometimes with partners, so I wont get overwhelmed. Looking to add some less strenuous income with real estate. Any advice? Royce Lee, Toccoa GA: I am ready to start flipping, I have been doing wholesales for 3 years now. I am ready to do some flips. I watched one of my friends flip a house from beginning to end and I fell in love with the process. I am reaady. Can I join your team roger? Quote of the Day "In real estate, you make 10% of your money because you're a genius and 90% because you catch a great wave." -- Jeff Greene, entrepreneur  

I can’t find any deals! How often have you heard that lately? How often have you SAID that lately? Well, if you’re looking for rentals, after today you will have no excuse. Norada Real Estate is an award winning turn-key rental housing provider. Now to be clear, they do not provide the housing to the renters, they sell the properties to landlords. Norada does their homework, targets good markets with good returns, purchases properties and prepares them for rental use. All you need to do is speak with them and start buying.  But wait, before you head over to noradarealestate.com and check them out, spend a few minutes with us and listen in as I talk to Norada founder, Marco Santarelli. And yes, they are an award winning firm. I happened to be present three years ago when they won the prestigious Real Estate Investment Firm of the year at the Think Realty convention in Atlanta. That interview is coming up shortly, but first I need to talk for a few minutes with the real Star of the show - Starr Keels.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.  Learn how to Find, Fund, Fix and Flip houses Four weeks of video instruction (2 hour sessions) Four weeks of group coaching You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox. You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals - even big rehabs - with none of your own money. You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out.  Includes online courses, ($800 value) REI QuickStart - 15 lessons to have you making offers in 2 weeks. REI By the Numbers - All of the formulas I use for deal analysis, project tracking, and ROI calculations.  Find Your Fit in REI Create the Life of Your Dreams Purchase and Sale Agreements for your offers Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it. How to manage the rehab process How to make $5000 in the next 30 days “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training. Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions Your investment: $997.67. Or pay three installments of $350.  Early Bird Discount: Register before December 1st and save $200. 100,000 people want this - we only have 100 seats.  News and Resources:  Real estate is NOT yet cooling off. 18% increase YoY. Wow. https://www.corelogic.com/intelligence/u-s-home-price-insights/   Mindset Moment:  Questions from Listeners:  Tom Timbuck, Buford, GA: I have properties and children and want to leave something behind. Do you have insurance to protect you and your assets? What type is good for investors? Dot, Tampa, FL “My husband and I want to invest in rental properties but we are disagreeing about the type of property. He wants to buy cheap houses in older neighborhoods. I’m concerned about crime and the transient nature of the residents. I want to buy in nice middle class neighborhoods, but he is concerned that our returns would not be very good. We would appreciate your thoughts.” Aldo, McDonough, GA “I bought a home in 2010 and today homes in the neighborhood are selling for twice what I paid for mine. Should I sell now while the price is high?” Quote of the Day "In the real estate business, you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government -- probably than any other profession that I know of." -- Johnny Isakson, politician (retired Senator from Georgia)

Do you run your business or does your business run you? If the latter is true, this show is especially for you.  Mark Dolfini is the author of the best selling “Time Wealthy Investor.” He is also a trainer and coach in the real estate space. He has observed that success in this business depends on the state of your mental health and processes. I’m giving him the floor to share a presentation on just how we can eliminate self-defeating thoughts and habits and tune our brains for maximum success.  Roger’s personal note: “I’ve known Mark for many years. His stuff on vision and mindset is some of the best I’ve ever seen. 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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield  Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:    Mindset Moment:  Questions from Listeners: starr ask…”what would roger do” From dozens of people: “The stock market seems to be a better play for a passive investment. Last year I made over 30% return on my stock portfolio.” Ethan, Villages of Ocala, FL, “Please explain the installment land contract.” Dot, Tampa, FL “My husband and I want to invest in rental properties but we are disagreeing about the type of property. He wants to buy cheap houses in older neighborhoods. I’m concerned about crime and the transient nature of the residents. I want to buy in nice middle class neighborhoods, but he is concerned that our returns would not be very good. We would appreciate your thoughts.” Aldo, McDonough, GA “I bought a home in 2010 and today homes in the neighborhood are selling for twice what I paid for mine. Should I sell now while the price is high?” Emily, Wayne, PA, “I’ve done three flips in the past two years. I really want to quit my job and do this full time, but I need to do four to five flips in a year to do that. How do I get to that level?” Motivational Quote: Time is the most valuable thing a man can spend. – Theophrastus. The key is in not spending time, but in investing it. – Stephen R. Covey.  

Summer is over - Fall is upon us. The nights are getting chilly. It’s time to break out the BRRRR method. Wait - is that a cold weather investing strategy? We will set the record straight today. The BRRRR method is cool. Pun intended. I was doing this long before I knew it had a name. But it’s still cool. You can buy unlimited rental houses with the same pot of money over and over again - if you do it correctly.  Our guest today, Nate Barger, has done it hundreds of times. He has perfected the process to the point that he now has a course just on the BRRRR method. The spreadsheet analytical tool that comes with this is worth 5 times the cost of the course. You are going to want to hear this interview. And after hundreds of BRRRR houses, Nate has moved on to apartments and hotels. Yes - hotels. More on that coming up later this 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: 877-55-ROGER (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:  https://www.millionacres.com/real-estate-investing/rental-properties/the-brrrr-method-explained-getting-started-in-real-estate-investing/ https://www.businessinsider.com/real-estate-investor-rental-units-using-the-brrrr-method-strategy-2021-10 https://www.marketwatch.com/story/real-estate-investing-can-be-a-strategy-to-save-for-retirement-2021-01-01 https://www.einnews.com/pr_news/551693990/dominic-kosteris-teaches-investors-around-chicago-the-art-of-brrrr Mindset Moment:  Let’s talk about credibility.  Using the right word.  bit.ly/reiterms Questions from Listeners:  Lynette, Milwaukee, WI, “Do I need to be a realtor in order to be an effective investor?Pros: Access to MLS, Set up your own searches, Best data for CMA’s, Save money on commissionsCons: Cannot pay referral fees to unlicensed individuals, disclosure requirements, continuing ed, much knowledge unrelated to investing. Selling your own flips is like fixing your own flips if you’re a contractor. What you save is offset by the time you spend doing things you could and should be paying someone else to do. Kimberly, Sandy Springs, GA “I’ve heard you mention that you have deals coming to your inbox every day. How do you do that?”  Lilly, Villages of Ocala, FL, “My husband and I are so tired of our rentals, but we are not tired of the cash flow. We are both in our late 60’s. We’d like to sell them to end the headache but aren’t sure where we would put the money. Any suggestions? Perhaps not sell - perhaps owner finance? Not an investment advisor, but as a suggestion, you could always look into private lending.  Chanterelle, Long Beach, CA, “I want to buy some rental properties in Atlanta. Can you connect me with resources there for buying and for property management?” Larry, Atlanta, GA  “I want everyone to know that the deal I brought you two weeks ago is now sold and closed. You said you would help me get it sold and you did. Thank you.” (The power of networking) Celia, Hammond, IN, “I listened to what you said and went out and made offers on three houses. Two of them got accepted! What do I do now? I don’t have the knowledge or ability to fix and flip them, but I think the numbers are right, according to what I’ve been hearing from you. Please tell me what’s next?” Motivational Quote: “When you invest, you are buying a day that you don’t have to work.” Aya Laraya    

Want to get started Wholesaling? You have to hear what we are about to bring you.  David Olds is joining us in a few minutes to talk about wholesaling, dispositions, and real estate in general. He’s a smart guy who can help you go from starting up to financially comfortable in a hurry.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:    Mindset Moment:  Your life is the result of your decisions. Not just the big ones - job, career, marriage, etc. But a hundred smaller ones and a thousand miniature decisions you may not even realize you make. But “make decisions” you do. All day every day.   Questions from Listeners: starr ask… RILA QUESTIONS 1. Shay and Friends, Tony, GA.:Hey, so me and my investor friends are strategizing and thinking of ways to do "no money down"... is  FHA Loan or any Loan program that come with terms a good way to go about it, being that some of these loans, don't allow you to put the house back on the market for 3-5 years? 2. Kim Decatur GA: When I look into ways to get a home "no money down" it seems to be more for personal home buyers and rental property investors. I don't see too many opportunities for fix&flip investors... Do you agree? 3. Lawrence Atlanta GA: I have horrible credit, I am also a beginner investor. My friend did a 50/50 partnership with an experienced investor. My friend provided the loan-with his good credit- and the experienced investor managed the project...it was a success. How can I present myself to other investors and convince them to partner with me on deals? 4. LeeAnn, Atlanta GA: As an investor, would getting a house under "seller finance" be a good decision for me...if I can get it lower than market price? My goal is to turn it into a vacation home and get some passive income. 5. George, Smyrna GA: Hey Roger and Starr, when are you guys going to do a meet, greet, and investor event. or are you guys still social distancing...with no human contact? virtual is just not good for the human psyche Motivational Quote: “Intelligence will help you build a company; wisdom will help you build an empire.” ― Matshona Dhliwayo    

It’s not often I hear something new to me in real estate. Today for the first time I’m going to share with you how real estate novations are used by investors.  We have all heard of innovation. By definition it is the introduction of something new. Innovations are not inventions. They may use existing technology in a new way, or they may combine existing ideas. The focus is on the newness or novelty. So what is novation? According to the dictionary it is “the substitution of a new contract in place of an old one.” So what is the connection between novation and innovation? I looked it up on wikidiff. (Yes that’s a thing) and basically learned...they are not really connected. Novation is (legal) replacement of a contract with one or more new contracts, in particular in financial markets the replacement of a contract between a particular buyer and seller with contracts between the clearing house and each party while innovation is the act of innovating; the introduction of something new, ideas, technology, etc.  Apparently the only connection between the two is -- well they are only two letters and one syllable different. The two letters “in” which as a prefix means “not” as “incompetent” for “not competent” or “impossible” for “not possible.” Although the “in” is not used as a prefix in this case it almost works, “innovation” for “not novation.”  Ok, enough of the dad jokes. Let’s talk about Corey Geary and what how he is using Novations as a real estate investor. Corey is a realtor in Arizona and is a 7-figure Wholesaler and fix and flipper. He’s joining us shortly.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:  Here’s a description of “novations” in real estate.  https://www.millionacres.com/real-estate-investing/commercial-real-estate/what-real-estate-novation/#:~:text=Novation%20in%20real%20estate%20occurs,replaced%20with%20the%20new%20agreement. Some examples of novations in real estate. https://www.masterclass.com/articles/novation-real-estate-guide Our friend Attorney Bob Floss talks about novations: http://flosslaw.com/blog/2020/12/23/novation-agreement-in-real-estate Novations vs assignments: https://familydebtplanning.com/novation-in-real-estate/   Mindset Moment:  Knowing Your “Why” Isn’t Enough (Find Your Why, Simon Sinek)   “Why” make give you drive, or a sense of purpose. But it doesn’t move you toward your goals.   Know Your “Whats” What kind of life do I want? What goals do I need to reach to get there? What steps do I need to take to reach those goals? What is the logical progression to my end vision?   Know Your “Hows” How do I accomplish my goals? How is XYZ done? Questions from Listeners: starr ask… Faith from Omaha, NE “Can you explain a mortgage wrap and when I would use it? I’m a new investor and excited to get started.” Sandy from McDonough, GA “Would you rather buy one flip where you could make $30,000 or two rentals where you could make $800 per month together?” Kimberly, West Miffin, PA “We have a rental house that will come vacant at the end of March. We are thinking of selling it. Should we wait to list it in June or go ahead and list it? We are thinking in might sell for more during the peak buying season.” Frieda, Ocala, FL, “Thanks for the show about mobile home parks. We live in one and love it. We retired to Florida to enjoy doing things with our friends, not take care of a house and yard. This is perfect for us and for everyone in our community. We are saddened to hear that cities and towns are no longer allowing new mobile home communities. Given the need for affordable housing in our nation right now, you’d think that lawmakers would be open to a wider range of possibilities. Stanley and I were able to sell our home, buy our current place with cash, invest the difference safely and lead comfortable lives doing what we want to do. I hope you’ll share this letter with your listeners and encourage leaders to allow more new mobile home communities across the country.” Jason, Harrisburg, PA, “is there one best source for deal flow? If there is, what is it?” Motivational Quote: “Intelligence will help you build a company; wisdom will help you build an empire.” ― Matshona Dhliwayo    

Welcome to Show number 500. It’s a bit of a landmark for us. Today we are flipping the script - Starr is going to interview me and ask about where Flipping America came from, what we are up to and what we plan for the future. Coming up now.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:    Mindset Moment:  Questions from Listeners: starr ask…”what would roger do”   Motivational Quote: “Intelligence will help you build a company; wisdom will help you build an empire.” ― Matshona Dhliwayo    

Real Estate Investing is the Game. And today we are going to talk about coaching. Hello America! We don’t encourage you to drop what you are doing and start flipping houses like you do on TV, but we do encourage everyone to consider real estate as a part of a balanced investment portfolio. And to that end, we intend to bring you the very best news and information, statistics, demographics, how-tos, methods, techniques and strategies, along with inspirational stories and people. All of this will help you make the best, most-informed decision about your own personal involvement in real estate.  Today we are going to talk about getting into the game of real estate and you are going to hear Starr’s amazing and nightmarish experience with a real estate coach.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  Topic:   The Top Ten Ways to Know Your Real Estate Seminar is Actually a Con: The “nationally known” guru is not in attendance.  Whose experience is being taught?  Who has the experience to be able to credibly answer audience questions? What is the actual experience of the presenter and can it be verified? Where is their headquarters? Who is the person or persons behind this company? Someone did the work to gain the experience to teach. This can be taught from a curriculum and a powerpoint, but the most polished professional who is also inexperienced cannot truly serve a real estate audience.  The name of the company behind the event is vague, not mentioned, or purposely mis-leading.  Does he or she provide addresses of actual properties flipped? The Presenter’s real estate credentials cannot be easily verified.  The Presenter does this presentation more than once a month. If they travel and do this presentation more than once a month there is NO possible way they are actively fixing and flipping houses.  Early in the presentation (usually within the first two hours), they will have you fill out a worksheet with all of your assets as possible funding sources. Available credit card spending, 401k balance, cash value of insurance policies, etc. Later they will use this information to prove to you that you actually can afford their 20-50k in training.  They take time to teach you how to call your credit card providers and ask for an increase in your limit. The really sneaky ones will put you in a group, challenge everyone to do it, bring you back and see if you collectively came up with an amount that would buy a house.  Results - lifestyle. Financial freedom Education of children - college Legacy  They make lots of promises to you. And they will seem great! They have an emotional story of their own financial distress and real estate saved the day. They will not let you take photos of the screens or record the event.  They want to sell you another more expensive course. Free - Low Cost - High Cost - Upgrade. Ways to check ahead of time: Check the name of the company. Look at their website. See what they emphasize.  Google the name of the company followed by the word “reviews.” This may not be helpful, but it can be. One company I researched had over 1000 hits on a website called “Ripoff Report.” Anyone can say anything there and not all of it should be believed. But 1000 reports? Ask in online forums - Bigger Pockets, Connected Investors, Facebook Groups, Google Plus Groups etc. What have you heard about …? At the event, get the presenter’s full name. Find out where he/she is from. Note as many property addresses as you can during the event. Check those addresses online for ownership and transfers of ownership. Look for an entity that owned the property for 4-6 months in the past two years. Later on, if you get a chance to speak with the presenter, casually drop the name of the entity you found and see if you get a glimmer of recognition. If you’re convinced they are lying, just for fun, make up an entity name (or use your own if you have one) and ask them if that was the entity that bought 123 Main St (or whatever). See if they say yes.  Qualities of a good coach Experience Character Longevity Communication / teaching skill Understanding of different learning styles Characteristics of a good coaching program Personal contact Flexibility Personalization Mix of content and activity Price is reasonable Program is valuable What you will learn is shared in advance. There is no mystery about what happens next.  Questions from Listeners: From RILA Motivational Quote: “If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” Henry Ford  

Today we are going to talk about “No Money Down” deals. And my guest Henry Washington has a source that took me a little bit by surprise. His inspiration to become a real estate investor was born from a panic at night. He married his wife Jessica Washington after knowing each for just one year, and he knew that he couldn't afford the future that he felt his wife deserved. This is after they had conversations about their future home and kids. Currently, they are blessed with an amazing 2-year-old daughter and Jessica is pregnant with their second child. In our conversation I asked Henry how he got into real estate investing and you’ll hear his story in a little while.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:  Our friends at MillionAcres.com tells us how to buy property with no money down: https://www.millionacres.com/real-estate-investing/rental-properties/6-ways-buying-rental-property-no-money-down/ Very basic info on no money down buying. Ignore what they say about assumable loans. They virtually do not exist. Subject-To purchases are possible everywhere, but this story doesn’t cover them. https://themortgagereports.com/59359/invest-in-real-estate-with-little-or-no-money-down Mashvisor is usually a good resource - as in this read: https://www.mashvisor.com/blog/buying-rental-property-with-no-money-down-10-ways/ Another good source for “no money down” advice: https://www.noradarealestate.com/blog/invest-in-real-estate-with-no-money/ Questions from Listeners: starr ask…”what would roger do” Evangelina, Baltimore, MD, “I understand the MAO formula. But I can’t find any deals that fit that number. Several of my friends are buying above the price that formula recommends and they seem to be doing ok. Can you explain some of the reasoning behind it?” Roderick, Tampa, FL, “I want to buy rental properties. It seems like if the property has $200/month or more in positive cash flow I should be fine. But one of my friends said I should check with you. No offense but I had never heard of you until now. Am I missing something here? $2400 a year is good money and with 10 of those I can quit my job.” Stephen, Boulder, CO, “Can you explain the difference between cap rate and cash on cash return? What should I be looking for when buying a single family rental?” Sherry, Sebring, FL, “What are the key steps when buying a flip project in another town?” Lynetta, Jackson, WY, “We want to bounce back and forth between Jackson and Austin, TX, you know, avoiding the weather extremes but getting in some skiing when we want, etc. We are both in our mid 50’s and our question is should we buy something in both places or just do longer-term rentals? We could pay cash for both places, but can’t help but wonder if our cash is better off elsewhere.” Rhonda, Milwaukee, “Estimating a rehab is overwhelming to me. I just don’t know where to start. Please help.”  Motivational Quote: One of Henry's favorite quotes is "imperfect action is better than perfect inaction." Harry S. Truman.  

“One who never asks anything either knows everything or knows nothing.” You’ve asked, and today we answer your questions.  We do this from time to time. As the questions build up, we just take a moment to answer them.  Email your questions to [email protected]. 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.  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 (877-557-6437)   ext 1. Leave your message or your question.  Sponsors American IRA: www.americanIRA.com Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: Flipping America Funding is live! Monday May 16th.  Questions from Listeners: starr ask…”what would roger do” Roger, If you had 450,000 to invest right NOW...how would you invest it, but there is a twist...think of yourself as age 28? Roger, where would you build, buy, invest internationally and why?  Would you buy real estate with crypto currency? Questions from Listeners: Can a first time rehabber be in any state and still work with you as a rehab consultant for the rehab program? MerryLynn, Milwaukee, WI “I am thinking of buying a condo to use for AirBnB. But the building a block away just banned owners from using AirBnB. Can they do that? And what would I do if they banned it in my building?” Samuel, Long Beach, CA “My flip is in a real hipster area. Should I do the wild colors I’m seeing up and down the street or be more neutral? I’m not sure how to go in-between.” Elizabeth, Denver CO, “Can you flip apartments?” Milo, Columbus, OH, “Someone told me the Columbus market is hot. So tell me why my flip property isn’t selling? It’s the only rehabbed house in the neighborhood so it’s price well above the other houses, but it should sell anyway right?” MaryAnn, Morgantown, WV, “I am having trouble getting a hard money loan or a private money loan because I have no experience. Please tell me what I can do.” Sidney, Lancaster, PA, “I can buy a duplex that will bring 1500/month in rents for $150,000 or I can buy a single family for $120,000 that will bring 1200/month. They both seem to be the same in terms of the return. The duplex seems like more work. What are some other things I need to be thinking about to decide which? 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?” 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) 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? 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?”  Motivational Quote: When you think of it, really there are four fundamental questions of life. You've asked them, I've asked them, every thinking person asks them. They boil down to this; origin, meaning, morality and destiny. 'How did I come into being? What brings life meaning? How do I know right from wrong? Where am I headed after I die?' Ravi Zacharias  

Passive income is the key to your financial freedom. And passive income in real estate is achieved by owning income-producing properties. Today, we are going to get you one. You hear me say it all the time. We don’t encourage everyone to drop what you are doing and start flipping houses like you see on TV. We DO encourage everyone to consider including real estate in a well-balanced investment portfolio. To that end, this show exists to bring you news and information, strategies and techniques, inspirational people and stories, technology, demographics, statistics, and anything else we can find to help you make the best decisions possible about your relationship with real estate.  Contrary to what HGTV might have you believing, most people begin their investing career by owning rentals. I’m called the Flipping America guy, but I didn’t start out flipping. I started out with rentals like most of you. Today’s market is hard for buyers - especially for buyers looking for deals that make sense as income producers.   How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 New Course, “REI By the Numbers” Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  MIndset Moment: I have a new course out called REI by the Numbers. In this course I cover among other things the numbers involved in buying rental properties. I provide some general buying rules, but also explain in detail my unique “Maximum Payment Offer” or MPO for rentals. Do you want to know how equity builds and wealth grows in rentals? I have a chart for that. I explain things like loan constant, debt service coverage ratio, yield spread, and much more. The course covers the numbers used in flips as well. It includes several formulas I invented for analysis and management of my own investing business, now with more than 2000 properties moved through our systems. Go to bit.ly/reinumbers today.  News and Resources:  Connected Investors on “How to Buy a Rental Property” https://connectedinvestors.com/blog/how-to-buy-your-first-rental-property/?wickedsource=google&wickedid=Cj0KCQjwm9yJBhDTARIsABKIcGb-k25mVPbl7OCdda-Yw2wVWOw58x2483Ke23n75CdnplIHkOT2X_MaAgpMEALw_wcB&wickedid=492547685987&wv=3.1&utm_medium=ppc&utm_network=g&utm_campaign=12118200924&gclid=Cj0KCQjwm9yJBhDTARIsABKIcGb-k25mVPbl7OCdda-Yw2wVWOw58x2483Ke23n75CdnplIHkOT2X_MaAgpMEALw_wcB RoofStock on How to Buy a Rental Property https://learn.roofstock.com/blog/how-to-buy-rental-property 18 tips for buying a rental property from Investopedia: https://www.investopedia.com/articles/investing/090815/buying-your-first-investment-property-top-10-tips.asp Rocket HQ on how to buy your first rental: https://www.rockethq.com/learn/personal-finances/how-do-you-buy-your-first-investment-property MillionAcres on how to buy your first rental property: https://www.millionacres.com/real-estate-investing/rental-properties/buying-your-first-investment-property-step-step-guide/ Bigger Pockets on how to buy your first rental property: https://www.biggerpockets.com/guides/how-to-buy-rental-property SparkRental on how to buy your first rental property: https://sparkrental.com/how-to-buy-your-first-rental-property-no-money-down/ Questions from Listeners: Starr’s “What would Roger Do” Roger, If you had 450,000 to invest right NOW...how would you invest it, but there is a twist...think of yourself as age 28? Roger, where would you build, buy, invest internationally and why?  What do you think about buying real estate with crypto currency? Motivational Quote: “With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu  

If you know how to put together a creative deal structure, you’ll be able to say “yes” to a lot more opportunities. Today we are going to share some secrets with you that will let you do that.    We will be joined in a little while by Scott Ulmer and Tan Michell. They appeared recently on a Flipping America REIA live event to talk about Subject-To Secrets. Scott is one of the principles at Little Pink Houses of America, a fine organization that is buying and selling all over the country. They are looking for affiliate relationships in many areas. If you want to learn how to do creative deal structures, both on the buy AND the sell side, you may want to consider becoming one of their affiliates. They provide the training, guidance as you go, and back office support for your deals. They don’t have to make repairs, hire contractors, or wait for rehabs to complete. They will pay an owner a fair price for their home with a deal structure and then sell to someone on their buyers list with another deal structure. It works well and, in my view, is a more honest approach than that taken by the so-called iBuyers.  How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start.    Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.    MIndset Moment: News and Resources:  https://www.pinkhousesofamerica.com/ These states are still waging war on landlords: https://www.cnbc.com/2021/08/30/evictions-are-still-banned-in-these-states-.html Questions from Listeners: Starr’s RILA Group I am biggggggg on energy: I love Starr because she talks alot about having the right mindset in life. From your experience Roger, What type of mindset should you have coming into real estate investing? I have put about 65,000 into an investment property I bought 3yrs ago and have only been able to get back $30,000 and that's because I did a cash-out refi. My property has a BPO of $240,000, I owe 198,000 on it...should I sell it? I live by... “invest in yourself”. Roger, I know you mentor others who inspire you to become great investors, however who inspires you at this point in your real estate career...any mentors? I am very young -18 to be exact. I have a little capital and I want to invest in real estate right away. If you had 450,000 to invest right now Roger...how would you invest it...think of yourself as 18?   Motivational Quote: “With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu    

How do you compare dissimilar deals?  Would you rather make $50k 70 miles away or $35k right around the corner? Would you rather make $70k on a $200k project or $50k on a $135k project? How about $60k in 4 months on a $250k investment or $75k in 7 months on $300k? What if you could make $60k in profit on two light rehabs OR you could make $80 on a “pop top” rehab deal? What if the property looks very profitable but is in a bad neighborhood? What if the deal looks great but it’s 100 miles away? What if you can make $150k, but the rehab will take more than a year and sales are slow there?   Investors face thousands of questions like these every day across America. Your answers to situations like these will depend in large part on the numbers, but not entirely on them. Sometimes an attractive set of numbers comes with a basically ugly house. Most big profits come from equally big rehabs. How do you “measure” market heat? How can we quantify the effect of distance on the project?    I tackled this problem years ago and developed a way to compare disparate properties. Today I am going to let you behind the curtain to see the logic and methods I used to create the Flipping America Property Grade and the Property Grade app. Some of you will say, “oh, ok, now I see what to do” and will go make your own analysis tool based on your own priorities. Some of you will say, “that’s interesting -- where can i just get the app?” But everyone will benefit from knowing the principles involved in quantifying the intangibles that allow you to compare everything with everything.    How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start.    Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.    MIndset Moment: News and Resources:  The Skip Tracing Programs reviewed by Jan Bancroft and her group: Launch Control Profit Drive Skip Genie REI Skip PropStream True People Been Verified Back Skip Tracing REI Reply Real Estate IQ on Demand   Not Tested: TLO, more for private investigators.   Questions from Listeners: Starr’s RILA Group I own my home but want to do a refi. Would you suggest me getting my own appraisal or using the one associated with the Bank that I am doing my refi with? I am going through the process of becoming a section 8 landlord. My property is listed at 1700 for a 3/2, but the program will only give me 1400 according to the zip code market value. Is there a way around this? I am curious...When doing a refi, why would a bank give a “No Appraisal Required” to the property owner?       Motivational Quote: “It's through curiosity and looking at opportunities in new ways that we've always mapped our path.” Michael Dell With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu    

One of the top questions I get here at Flipping America goes something like this: “I want to keep my day job but I want to invest in real estate on the side. You have several options and today we are going to talk about them.  The REIT (Real Estate Investment Trust) is one of the first passive real estate investment vehicles created. The REIT raises capital from ordinary investors who purchase shares, in a manner similar to buying stocks. The REIT then purchases and manages real estate. The laws governing REITS require almost all of the profits to be paid out to the shareholders. Your return will be based on the performance of the REIT.  Many REITs consistently provide returns of well over 10% annually and some approach 20% returns. And now you know why this is a topic we all should explore. Why would you go to all the trouble and effort of a fix and flip that will pay you a 10% return on your investment? Hint: You should not do that deal. You’re better off in a REIT.  I’m famous for saying “Compare everything with everything.” Learn about REITs and compare them with what you are already doing. You may find that this is a direction you want to go. Deidre Woolard is Editor in Chief of MillionAcres.com, a division of The Motley Fool investment advisors. She recently spoke at a live Flipping America REIA event and we have pulled some of the audio from that interview for you today. If you want to watch the entire video, go to flippingamericareia.com for details.  How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  Questions from Listeners: Altomar, Lancaster, PA, “I’m in a medium sized town and most of the possibilities here either don’t have enough profit or are too old with huge rehabs. What would you recommend?” Kimberly, Vickie, Steven, Christopher, Brian, Chris, Jeff, Steve, Kristen, Casey, “Help! I just spent ($30-65k) learning how to do this business but I don’t know what to do next. Or I don’t know what to do first. What should I do?” Get information. Including information on how to own and run a business. Get a mentor, Get a property, Get crackin.  RILA RECAP What are some of the best tax strategies for flippers? (recap question from RILA) Most millennials aren’t buying homes but renting or staying home with their parents. As a millennial investor, I am concerned about  where the real estate market is heading being that millennials seem to be settling later in life Motivational Quote: "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros    

We all have our various procedures we follow with our properties, which together are referred to as our system. But did you know there is a larger system that can be used not just with your properties, but with your entire business? That’s what we are talking about today on Flipping America. The Entrepreneurial Operating System is a set of common-sense, field-tested, proven principles that govern the planning and implementation of a business. It makes things run more smoothly, the company grows, profits go up, and life is good. Very few people have a natural ability to manage a company this well instinctively and when they do, guess what? They are instinctively using the principles codified in the EOS. This system is not just the latest business fad theory. It’s a practical approach gleaned from observations over many years of some of the most successful and effective businesses on earth.  Brian Sulka is a Professional EOS Consultant. He recently did a webinar for the Flipping America REIA that we called a Deep Dive into EOS. I’m going to play some of that webinar for you today. If you want the entire presentation, go to flippingamericareia.com for more details. How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  MIndset Moment: I’ve watched new people come in for years. Those with an edge hit stride quickly and do well. For others it takes longer. It’s a steep learning curve Real Estate Business Ownership Remodeling If you have a background in one of those you have a leg up on others who are getting into the investing world.  News and Resources:  Want to sell a home to a Millenial? Try one of these top ten cities where Millenials are buying. https://www.forbes.com/sites/ellenparis/2021/01/18/the-most-popular-cities-for-millennial-homebuyers-according-to-lendingtree/?ss=real-estate&sh=6a876f6f362e Questions from Listeners: Altomar, Boulder, CO, “Prices are crazy here anywhere near the campus. What would you suggest to people with a bit of money but not enough to do a 600k loan?”  Lamar, Atlanta, GA “The house across the street from my current project is vacant and the owners stay just about a 3 minute drive from where I live. I’m pretty sure they inherited it. I thought about knocking on their door the other day, but I don’t know what I would say. How would you try to buy it?” Motivational Quote: “The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint to keep from meddling with them while they do it.” – Theodore Roosevelt    

In case you didn’t know this, I am a man. And as a man, I find it difficult - if not impossible - to see and experience life from a woman’s point of view. According to my beautiful and loving wife, one of the smartest things about me is I realize I don’t understand women at all. But there is a need for women to understand real estate, real estate investing, and financial literacy. But what can I - as a clueless man - do to make a difference? I can have people like today’s guest Kat Timpson on my show. Plus I’ve got updates on interest rates, 3-D printed homes, a couple of top 25 lists and a top ten list, and more questions from you than I’ll have time for today I’m sure.  Kathryn is President of the North Central Jersey Women’s Council of Realtors and is committed to helping women become financially literate and invest in real estate. She’s joining us in a few minutes to talk about her activities and plans.  How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  MIndset Moment: I’ve watched new people come in for years. Those with an edge hit stride quickly and do well. For others it takes longer. It’s a steep learning curve Real Estate Business Ownership Remodeling If you have a background in one of those you have a leg up on others who are getting into the investing world.  News and Resources:  Want to sell a home to a Millenial? Try one of these top ten cities where Millenials are buying. https://www.forbes.com/sites/ellenparis/2021/01/18/the-most-popular-cities-for-millennial-homebuyers-according-to-lendingtree/?ss=real-estate&sh=6a876f6f362e We have about six or eight more months of this… https://magazine.realtor/daily-news/2021/08/20/mortgage-rates-barely-budge-remain-below-3 Top 25 places to buy a vacation home, according to Vacasa. Shout out to Ellijay, GA! https://magazine.realtor/daily-news/2021/08/19/top-25-places-to-buy-a-vacation-home The top 25 most affordable places to rent. https://magazine.realtor/daily-news/2021/08/20/the-25-cheapest-places-to-rent The 3-D printed home is becoming a thing. https://magazine.realtor/daily-news/2021/08/20/3d-printed-homes-are-gaining-consumer-interest Questions from Listeners: Sandra, Kansas City, MO, “How do you get in and see all the properties around the country you and your investors are buying?” Allison, Milwaukee, WI, “I have a full-time job, but I’m so ready to get started in this business. My plan is to flip a house, then use some of the profits as a down-payment on a rental. I have about 10 hours a week I can spend. What is a realistic goal for me to reach by the end of 2022 ? Eduardo, Houston, TX “I’m a short drive from the beach and a short drive from some fairly inexpensive rental properties. I don’t have enough money to do both. If you were in my shoes what would your preference be? I’ve run the numbers and the beach properties could be a little bit more lucrative.” Cindy, Chattanooga, TN “How do you decide whether a town is too small to flip a house?” Barry, Macon, GA “We have some areas here in downtown Macon that really need revitalizing. I believe I can help with that by fixing up some of the houses. We could make a positive impact, but my contractor doesn’t want to work down there. Any suggestions?” Altomar, Boulder, CO, “Prices are crazy here anywhere near the campus. What would you suggest to people with a bit of money but not enough to do a 600k loan?”  Lamar, Atlanta, GA “The house across the street from my current project is vacant and the owners stay just about a 3 minute drive from where I live. I’m pretty sure they inherited it. I thought about knocking on their door the other day, but I don’t know what I would say. How would you try to buy it?” Motivational Quote: "Women belong in all places where decisions are being made. It shouldn't be that women are the exception." - Ruth Bader Ginsburg    

The number 2 largest issue we hear about here at Flipping America is problems with contractors. For busy house flippers, it can be the very bane of our existence. Today - we take big steps toward solving this problem.  Fixing and Flipping homes is a business with a lot of moving parts. For that business to function properly, everyone must do their job. The biggest determiners of your profitability are your acquisition price and your renovation costs. And renovation problems kill many a good deal. But I can personally attest that if you have a great contractor, this business is much much easier.  Eric Ridenour is the Research and Strategy Director for Home DNB, Inc.  (design and build), on the web at homednb.com. Home DNB is an industry disrupter that makes the reno process easy. He worked his way through college in landscape and specialty tile/stonework construction before pursuing his degree in business administration. Now in his work with HomeDnB he was featured in AUTHORITY MAGAZINE’s series of articles “House Flipping: 5 Things You Need To Know To Create A Successful Career Buying, Rehabbing, and Selling Properties,” was profiled in FORMIDABLE MEN magazine and is frequently quoted in media. How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  Questions from Listeners: Starr’s Questions from RILA: What are some good real estate investing apps to help solve challenges we face as real estate investors? From your experience, what are some of the best tax strategies for flippers? What are some great hedge fund platforms for investors looking for their next fix/flip or rental project? What is the best insurance to put on your property for repairs...like plumbing, HVAC,  and etc? More and more investors are looking for more convenient ways to purchase property and land...How do you feel about buying online without physically seeing, and do you use any online purchasing platforms?    News and Resources:  Steven Libman’s site: https://integrityhg.com/ I differ in opinion on a few of these. https://learn.roofstock.com/blog/real-estate-trends-2021 I told you more than a year ago that this business model is similar to the used car industry - complete with the dishonesty. https://www.housingwire.com/articles/ibuyer-offerpad-claims-profitability-pre-ipo/ Meanwhile, OpenDoor, OfferPad’s predecessor and chief competitor, loses $144M. https://www.housingwire.com/articles/opendoor-ramps-up-but-loses-144m/ Common sense predictions.  https://www.noradarealestate.com/blog/housing-market-predictions/ Motivational Quote: “As I hurtled through space, one thought kept crossing my mind - every part of this rocket was supplied by the lowest bidder.” - John Glenn  

Just the other day I interviewed Marcus Carter, entrepreneur, author, real estate investor and creator of the website theblackwealthbuilder.org. I ended up having a frank and refreshingly positive conversation about racial issues and real estate investing.  I don’t really think about issues of race all that much. The color of a person’s skin is such a silly thing to worry about in my humble opinion. I know that it of course is a hot issue in our society but I’ve been unsure what, if anything, I can do to help. My good friends Ramon Tookes and Glen Glasper and I did a YouTube show with me titled, “An Honest Conversation About Race.” Well-meaning white people are being pushed into a no-win situation by some of the shouters out there. If we go about our business as usual, we are accused of being racist. If we say, “I’m colorblind” they will say, “if you have to proclaim it, that just proves you’re racist.” So what are we to do? Carry on as best we can, live the truth we believe and let our reputation over time speak for itself.  But today I had one of those moments that interrupt “life as normal” when I spoke with Marcus Carter today. We started talking about issues of race, wealth, and real estate, and well - got off topic for a bit.  Marcus is coming up in a few moments, but before we go there, we need to go here. Our guest-host Starr Keels is here with us today. And we’ve never discussed this before, but Starr is black.  How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  Questions from Listeners: Starr’s Questions from RILA:   News:  https://www.cpropsolutions.com/ https://www.theblackwealthbuilder.org/   Motivational Quote: “Don’t let perfectionism become an excuse for never getting started.” ― Marilu Henner “To Begin, Begin”  - Roger Blankenship  

“I’m broke and have bad credit. What can I do to start investing in real estate?” This is the number one question we get here at Flipping America. I just interviewed a guy who gave me the best answer I’ve ever had for that question. Steven Libman is coming up today on Flipping America. Steven Libman is a multi-family investor and syndicator from Bluffton, SC. He spent several years as a realtor and house flipper before taking the plunge into multi-family where he now manages or owns hundreds of millions of dollars of assets. His website, integrityhg.com tells you more and gives you the opportunity to join his investing club for free as well as take a free course in multi-family investing. You are going to want to hear what he says to me in response to several challenging questions.  How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  Questions from Listeners: Starr’s Questions from RILA: What are some good real estate investing apps to help solve challenges we face as real estate investors? From your experience, what are some of the best tax strategies for flippers? What are some great hedge fund platforms for investors looking for their next fix/flip or rental project? What is the best insurance to put on your property for repairs...like plumbing, HVAC,  and etc? More and more investors are looking for more convenient ways to purchase property and land...How do you feel about buying online without physically seeing, and do you use any online purchasing platforms?  News and Resources:  Steven Libman’s site: https://integrityhg.com/ I differ in opinion on a few of these. https://learn.roofstock.com/blog/real-estate-trends-2021 I told you more than a year ago that this business model is similar to the used car industry - complete with the dishonesty. https://www.housingwire.com/articles/ibuyer-offerpad-claims-profitability-pre-ipo/ Meanwhile, OpenDoor, OfferPad’s predecessor and chief competitor, loses $144M. https://www.housingwire.com/articles/opendoor-ramps-up-but-loses-144m/ Common sense predictions.  https://www.noradarealestate.com/blog/housing-market-predictions/ Some stats re online sales as a percentage of the whole. ​​https://www.statista.com/statistics/187439/share-of-e-commerce-sales-in-total-us-retail-sales-in-2010/ Motivational Quote: “To Begin, Begin”  - Roger Blankenship

I’ve been getting a lot of questions about how to get started as a real estate investor. Today I’m going to talk about how to do that. There is a wealth of free information available to you if you have internet access. Google “learn how to flip houses” or “learn real estate investing” and you’ll get hundreds of thousands of results instantly. You can do the same searches on YouTube and get similar results. Information is not the problem. Helpful, actionable step by step information is a little harder to find. The toughest part about this is how to know what is hype and what is good info. We are going to sort that out for you today. How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  Questions from Listeners: Starr’s Questions from RILA: I understand that realtors sell your property...however, what should you look for when picking the right real estate agent?  Hey Roger, I am looking into investing...Is buying a condo a good investment?  I am looking for a management company for my properties...What is the going price for  property management and what should I look for when choosing the right one? Hey Roger, I am just getting into the investment game...would you advise in using hard money loans for first time investors? Content:  How to spot a fake guru. Emphasis on luxurious lifestyle. The B.S. artists feature the imagined lifestyle of the rich in their TV ads, come-on speeches, and “how-to” materials. They also accessorize themselves with flash, like ostentatious jewelry and rented limousines or rented private jets. Subjective self description. The “about-the-authors” of the gurus I respect are generally written in Jack Webb style: “Just the facts, Ma’am.”  B.S. artists tend to have book jacket or ad copy which describes them as the “leading real estate expert in the United States today” or the “Number One, most-sought-after...” Their bios are full of baseless, subjective adjectives and nouns, like “innovative...... famous, spectacularly successful,” “authority,” etc. B.S. artists often use photographs or videotape of themselves hanging around executive jets, limos, yachts, mansions, five-star hotels, exotic resorts, or expensive cars to imply that they have achieved great financial success. No pitfalls or corrections. There are dangers in everything. But you rarely read about danger in a book by a real estate B.S. artist—or hear about it in one of his CDs or TV infomercials. Everybody makes mistakes. But you rarely read about a guru’s mistake or see a correction in a B.S. artist’s newsletter. The B.S. artists are self-proclaimedly big on being “positive.” And one of the things they’re positive about is that the dream world they depict will not be marred by unpleasant reality. It’s better for you to learn from the mistakes of others than to reinvent the wheel and lose your money in the process. On the other hand, worthwhile gurus are as likely to write about mistakes made (often by the guru himself/herself) and dangers overlooked as about spectacular profits achieved. And all ethical periodicals writers run corrections when they make a mistake.  No bad news. In addition to teaching techniques, real-estate investment gurus have to respond to news like court decisions, legislation, economic trends, and so forth. Of course, some of the news is bad. But the B.S. artists invariably respond to bad news in Pollyanna fashion. They always see “opportunity.” The closest they come to acknowledging the unhappy truth is to describe a situation as a “challenge.” B.S. artists don’t acknowledge bad news is that they simply cannot shut off their slinging mechanism. They are B.S. kinda guys. There’s nothing wrong with looking for opportunity in ostensibly bad situations. Many of my shows have done just that. You only become a B.S. artist when you look for it, can’t find it, but claim it’s there anyway. Universally-applicable techniques. The various techniques one can use in real estate investment are like mechanic’s tools. The one you use depends on the situation and your goal. Just as no tool is appropriate for every mechanical job, neither is any real-estate-investment technique appropriate for every situation. Each has advantages and disadvantages and most are only useful in a narrow range of circumstances. The B.S. artists trot out one obscure technique after another in an effort to impress the customer with all the “new” material they are getting. But rarely is a word spoken about when the technique is appropriate. The reader or listener is left with the impression that the technique is appropriate for any and all acquisitions. Emphasis on motivational material. Every successful person I know has benefited from motivational books like The Power of Positive Thinking. Many of us have had life experiences like emotional high-school football pep talks which gave dramatic evidence of the power of focused motivation. I would not diminish the role of motivation in success in real estate or any other field. However, motivational material ought to be packaged as such. When books or CDs are described as containing how-to information on real-estate investment, they ought to contain little or no motivational material. The protest that the customer “needs” to be motivated is beside the point. It is dishonest to promise how-to information, then deliver a bunch of “You-can-do-it” platitudes instead. The motivational business, like patriotism in Samuel Johnson’s memorable phrase, is one of the last refuges of scoundrels. Although there are many who approach the field of motivation with rigorous scientific discipline, there are more for whom the motivation business is merely a con —a chance to sell yet another cure-all “elixir” without having to get FDA approval.  Claim to do lots of deals. Virtually all the B.S. artists say, “I don’t just teach these techniques. I use them every day in my own investment program.” Baloney. There aren’t enough hours in the day. Gurus get the same 24-hour days as you. Being an expert takes time. We have to read many trade journals, loose-leaf services, and books to keep up to date. We have to spend hours on the phone interviewing sources for articles and books —and hours in the library researching legal cases and other relevant facts. As experts, gurus get interviewed by the media on the phone and in radio and TV studios and they make speeches to investors. Finally, we have to manage the guru business itself. That means designing brochures, responding to customer-service problems, checking proofs from the printer, indexing books, negotiating with printers and recording studios, going over the income and expenses of the guru business, and so forth. Obviously, we do not, after all that, have as much time as non-gurus do for investing. But in the financial guru business, the question, “Are you using these techniques yourself or just teaching them?” is ubiquitous. And any answer but, “Oh, yes,” seems devastating to the credibility of the guru. In fact, real-estate gurus (other than those who just dabble in guruing) who do a deal a month or more are extremely rare. Or they are buying garbage properties by the dozen—with little or no analysis or due diligence—mainly so that they can claim they do lots of deals and be technically accurate. High prices. Legit real estate books cost about $20 to $80 depending on whether they sell in book stores or only by mail. Mail-only books cost more because fewer are sold, press runs are shorter, and printing and handling costs per unit are higher. Legit real-estate seminars cost up to $500 per day. B.S. artists charge hundreds for their books and thousands for their “boot camps,” “training,” and “mentoring” services.  The Top Ten Ways to Know Your Real Estate Seminar is Actually a Con: The “nationally known” guru is not in attendance.  Whose experience is being taught?  Who has the experience to be able to credibly answer audience questions? What is the actual experience of the presenter and can it be verified? Where is their headquarters? Who is the person or persons behind this company? Someone did the work to gain the experience to teach. This can be taught from a curriculum and a powerpoint, but the most polished professional who is also inexperienced cannot truly serve a real estate audience.  The name of the company behind the event is vague, not mentioned, or purposely mis-leading.  Does he or she provide addresses of actual properties flipped? The Presenter’s real estate credentials cannot be easily verified.  The Presenter does this presentation more than once a month. If they travel and do this presentation more than once a month there is NO possible way they are actively fixing and flipping houses.  Early in the presentation (usually within the first two hours), they will have you fill out a worksheet with all of your assets as possible funding sources. Available credit card spending, 401k balance, cash value of insurance policies, etc. Later they will use this information to prove to you that you actually can afford their 20-50k in training.  They take time to teach you how to call your credit card providers and ask for an increase in your limit. The really sneaky ones will put you in a group, challenge everyone to do it, bring you back and see if you collectively came up with an amount that would buy a house.  Results - lifestyle. Financial freedom Education of children - college Legacy  They make lots of promises to you. And they will seem great! They have an emotional story of their own financial distress and real estate saved the day. They will not let you take photos of the screens or record the event.  They want to sell you another more expensive course. Free - Low Cost - High Cost - Upgrade. Ways to check ahead of time: Check the name of the company. Look at their website. See what they emphasize.  Google the name of the company followed by the word “reviews.” This may not be helpful, but it can be. One company I researched had over 1000 hits on a website called “Ripoff Report.” Anyone can say anything there and not all of it should be believed. But 1000 reports? Ask in online forums - Bigger Pockets, Connected Investors, Facebook Groups,  etc. What have you heard about …? At the event, get the presenter’s full name. Find out where he/she is from. Note as many property addresses as you can during the event. Check those addresses online for ownership and transfers of ownership. Look for an entity that owned the property for 4-6 months in the past two years. Later on, if you get a chance to speak with the presenter, casually drop the name of the entity you found and see if you get a glimmer of recognition. If you’re convinced they are lying, just for fun, make up an entity name (or use your own if you have one) and ask them if that was the entity that bought 123 Main St (or whatever). See if they say yes.  What is “good, actionable information?” Begin with an honest and trustworthy information broker. Verify with multiple honest sources. Dip a toe in. Trust further. What is hype? Loud excited, lots of exclamation points.  Preys on your fears Motivational Quote: “You can't plan for everything or you never get started in the first place.” ― Jim Butcher “Start before you’re ready.” ― Steven Pressfield “You don't have to be good to start ... you just have to start to be good!” ― Joe Sabah “A little action often spurs a lot of momentum.” ― Noah Scalin “The secrets of success are getting started and being persistent.” ― Debasish Mridha “Don’t let perfectionism become an excuse for never getting started.” ― Marilu Henner “To Begin, Begin”  - Roger Blankenship

The moratorium on evictions ended on Saturday July 31st. It cannot be legally extended. And on Wednesday Aug 4th, the President of the United States extended it anyway. We are going to talk about that today on Flipping America. I thought the eviction moratorium was a brazen and illegal power grab when Mr. Trump was President. I continue to believe the same under Mr. Biden. The CDC has overstepped its authority. This is now an established fact - all the way to the Supreme Court. Mr. Biden acknowledged this in his statement regarding the continuation of the ban, noting that the Supreme Court would almost certainly overturn this. But he hoped that in the meantime more aid could get to those who need it to pay their rent. I can’t help but think about what the result would be if I held a press conference and said, “I know that what I’m about to do is illegal, but it’s ok. I mean well. And when the judge tells me to stop I will.” Yeah. Well, we already know that our elected officials are usually held to a different standard - meaning no standard at all.   So here’s what we are going to talk about today: Why is the ban on evictions unconstitutional and likely illegal? What are the implications of the President’s lawlessness? Who are they really trying to help with the ban on evictions? Who is being hurt by the ban? Why has the government only 10% of the $46.5 billion in relief funds? How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  News and Resources:  The eviction moratorium is over. https://www.realtor.com/news/trends/eviction-bans-expiration-leaves-renters-in-south-appearing-most-vulnerable/ Or in other words - you don’t want to own rental properties in these ten states. https://www.cnbc.com/2021/08/02/some-states-will-continue-to-ban-evictions-.html The law says you can’t. Our President says, “oh yeah?” https://www.wsj.com/articles/joe-biden-lawless-eviction-ban-centers-for-disease-control-and-prevention-moratorium-11628115210?mod=opinion_lead_pos1 They claim to care about the “little people” but no one cares about mom and pop producers. https://www.wsj.com/articles/the-eviction-ban-has-to-end-sometime-tenants-landlords-joe-biden-nancy-pelosi-11628029263?mod=opinion_major_pos1 And there was rejoicing in the land! (among tenants) https://www.cnn.com/2021/08/04/homes/renters-relieved-eviction-ban-extended-feseries/index.html If you’re wondering whether you are protected by the ban… https://www.cnbc.com/2021/08/04/are-you-protected-under-the-new-eviction-ban-what-you-need-to-know-.html Groups representing landlords are suing to stop the ban. https://www.politico.com/news/2021/08/04/landlords-legal-challenge-biden-eviction-ban-502513 The Law, if you want to read it for yourself (large file - long load time). https://www.govinfo.gov/content/pkg/USCODE-2011-title42/html/USCODE-2011-title42.htm Shorter version - just the pertinent section: https://www.law.cornell.edu/uscode/text/42/chapter-6A Questions from Listeners: Starr’s Questions from RILA: Talk  about  the "BRRRR" method : Buy,rehab,rent,refinance, and repeat method...should beginners use this  strategy?  I have had contractors run off and not finish the job but was paid for it...Roger, what are some tactics you use with contractors? A lot of investors are moving into the airbnb market...Is this something you would consider or recommend? What are the benefits of building a relationship with lenders?   I’m not having any luck with door to door...Do you recommend cold-calling for finding properties? Mindset Moment:  Motivational Quote: “You won’t grow wealthy by demanding more pay. If you want to grow wealthy, make yourself more valuable."

By far the top topic of the questions we receive are about contracting and contractors. Today we are going to sort that out.  Van Sturgeon is an experienced entrepreneur who has successfully created several businesses in the real estate industry, that cover areas of land acquisition, development, construction and renovation. Van personally owns over 1,000 properties across North America, and is semi-retired from the day to day operations of his businesses.  Van is passionate in helping homeowners and real estate investors overcome their fears of house renovations, and loves to be actively involved in helping people reach their goals. How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.    News and Resources:  If you listen to this show regularly you - like me - will have seen this coming. https://www.realtor.com/news/trends/apartment-rents-increase-as-young-workers-head-back-to-cities/ The eviction moratorium is over. https://www.realtor.com/news/trends/eviction-bans-expiration-leaves-renters-in-south-appearing-most-vulnerable/ Or in other words - you don’t want to own rental properties in these ten states. https://www.cnbc.com/2021/08/02/some-states-will-continue-to-ban-evictions-.html The ten most affordable lake communities in the US. Yep - we bring you all sorts of useful information.  https://www.realtor.com/news/trends/great-lake-towns-affordable-2021-edition/ Yep - we found a castle for $100k. https://www.realtor.com/news/trends/gothic-castle-new-york-most-popular/ Questions from Listeners: From our own Flipping America team: I got someone on the phone who had inherited his mom’s house. She has a reverse mortgage with a $103,000 balance on it. The house is worth about $125,000. Are there any creative structures we can use to take this property?  Mindset Moment:  I haven’t really wanted to weigh in on the minimum wage debate. I remember the exact same arguments over the past 35 years -- people can’t support a family on minimum wage. The comeback is, “of course not, minimum wage jobs are not designed for heads of household.” The cruel fact is, the minimum wage doesn’t matter and it never has. I remember discussing this with a mentor of mine when the argument was about raising the minimum wage to $7.50/hr. I asked him his thoughts. He replied, “that’s fine if you don’t mind paying $3.00 for a loaf of bread.” This is the most succinct description of the consequences of minimum wage hikes I’ve ever heard. It perfectly encapsulates the reality that if we raise required minimum wages, business owners will be forced to raise prices. Once the prices are raised, the net effect, in terms of buying power, will be zero.  Here’s another tough love fact for you today. You are never going to become wealthy by demanding more money from your employer.  Everyone listening to me has a chance to become wealthy, but you will only do so by making yourself more valuable. If you make yourself a valuable commodity, I PROMISE you someone will notice. Good help is hard to find, GREAT ASSETS are like treasured jewels. Get knowledge, gain skills, grow in wisdom, and opportunities will find their way to you.  Motivational Quote: “You won’t grow wealthy by demanding more pay. If you want to grow wealthy, make yourself more valuable.”  

We’ve talked a lot on this show about using free resources to perform property analysis. If you are a hobbyist or just breaking into the business and have a limited budget, you should check out our information on that at flipping. 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 Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  One question I get over and over is, “Roger how do you get everything done?” Three radio shows, two livestreams and multiple real estate deals every week keep me hopping for sure. It’s no secret - I use my own planning system — the GMS Planner — that I developed over a period of years and have been publishing on Amazon since 2017. We’ve not pushed this product at all because — well — we are in the real estate business. But that’s about to change. I’ve just released a course in the Flipping America Academy called “Getting it Done: Creating the Life of Your Dreams”. This is a FREE course, even if you haven’t bought my Planner. Go to bit.ly/dreamthenplan and get started creating the life of your dreams..  Questions from Listeners: From our own Flipping America team: I got someone on the phone who had inherited his mom’s house. She has a reverse mortgage with a $103,000 balance on it. The house is worth about $125,000. Are there any creative structures we can use to take this property?  Starr’s top 5 Questions:  “Investing for Beginners” #Realestateislifeatlanta I’m not very good with numbers...What is the best tool to use to calculate my ROI? If I have equity in an existing property, how can I turn this in my favor to start building my portfolio? As a beginning investor “should I invest out of state?” Property rentals are booming right now in Atlanta and there’s not enough properties to go around. Should I charge above market value for rent?” As a beginner investor, If I partner with another investor on a fix & flip, what measures should be put in place for both parties from your experience Roger? Motivational Quote: “You won’t grow wealthy by demanding more pay. If you want to grow wealthy, make yourself more valuable.”    

What if you could make $10,000 more on every flip, simply by paying less for capital? What if you could access large lines of credit with NO personal guarantees and not attached to your personal credit? That’s the topic for today on Flipping America.  How many more deals could you do? What would it add to your bottom line? How different would your life be 5 years from now if you could do two more profitable deals each year between now and then? These are the types of questions you should be asking when you begin to think about business credit. Now I’m not talking about the type of business lines of credit where you pay what amounts to 40% interest and you have to make daily payments starting the next day after you receive the money. I learned this business model the hard way about 8-9 years ago. I had a few conversations with some money guys in New York. Turns out they had clever ways to avoid having their interest rate labeled usurious, but they were workarounds. And they were a rip-off. Since that time I have been on the robo-call list as a sucker who needs money. Even with my robo-call killing software I still get a few calls or texts every week offering me this kind of money. Now they are hitting me up on LinkedIn as well. But that is NOT what we are going to be talking about. We are talking about legitimate lines of credit for your business, obtained because of and on behalf of your business. These loans are solid and real. And I’m going to tell you right now that since I favor good quality debt backed by real estate, this program qualifies. Stephen Wible is coming up in a few minutes to explain it, which I will let him do. How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  I’ve received the same question at least half a dozen times this past week, “Roger how do you get everything done?” It’s no secret - I use my own planning system — the GMS Planner — that I developed over a period of years and have been publishing on Amazon since 2017. We’ve not pushed this product at all because — well — we are in the real estate business. But that’s about to change. I’ve just released a course in the Flipping America Academy called “Getting it Done: Creating the Life of Your Dreams”. This is a FREE course, even if you haven’t bought my Planner. Go to NEED LINK and learn more.  News and Resources:  Mindset Moment:  I haven’t really wanted to weigh in on the minimum wage debate. I remember the exact same arguments over the past 35 years -- people can’t support a family on minimum wage. The comeback is, “of course not, minimum wage jobs are not designed for heads of household.” The cruel fact is, the minimum wage doesn’t matter and it never has. I remember discussing this with a mentor of mine when the argument was about raising the minimum wage to $7.50/hr. I asked him his thoughts. He replied, “that’s fine if you don’t mind paying $3.00 for a loaf of bread.” This is the most succinct description of the consequences of minimum wage hikes I’ve ever heard. It perfectly encapsulates the reality that if we raise required minimum wages, business owners will be forced to raise prices. Once the prices are raised, the net effect, in terms of buying power, will be zero.  Here’s another tough love fact for you today. You are never going to become wealthy by demanding more money from your employer.  Everyone listening to me has a chance to become wealthy, but you will only do so by making yourself more valuable. If you make yourself a valuable commodity, I PROMISE you someone will notice. Good help is hard to find, GREAT ASSETS are like treasured jewels. Get knowledge, gain skills, grow in wisdom, and opportunities will find their way to you.  Questions from Listeners: From our own Flipping America team: I got someone on the phone who had inherited his mom’s house. She has a reverse mortgage with a $103,000 balance on it. The house is worth about $125,000. Are there any creative structures we can use to take this property?  Starr’s top 5 Questions:  “Investing for Beginners” #Realestateislifeatlanta I’m not very good with numbers...What is the best tool to use to calculate my ROI? If I have equity in an existing property, how can I turn this in my favor to start building my portfolio? As a beginning investor “should I invest out of state?” Property rentals are booming right now in Atlanta and there’s not enough properties to go around. Should I charge above market value for rent?” As a beginner investor, If I partner with another investor on a fix & flip, what measures should be put in place for both parties from your experience Roger? Motivational Quote: “You won’t grow wealthy by demanding more pay. If you want to grow wealthy, make yourself more valuable.”  

Last time I shared with you how I’ve done hundreds of deals with none of my own money. This is due primarily to my ability to connect with people and raise private money. Today we’re going to show you how to do it.  I’ve done it pretty well over the years but have never created a systematic approach to it. Dave DuBeau has. His method works and he’s helped hundreds of people raise millions of dollars. Thursday night he is going to step you through the entire process.  Everyone who stays until the end of the show will be given access to a free Private Money Course Dave and I put together recently. And in this course you’ll get a coupon for an all-day workshop led by Dave.  I can say this with certainty: If you have your funding sources secured and a solid contractor on-hand, this business is a breeze. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  I’ve received the same question at least half a dozen times this past week, “Roger how do you get everything done?” It’s no secret - I use my own planning system — the GMS Planner — that I developed over a period of years and have been publishing on Amazon since 2017. We’ve not pushed this product at all because — well — we are in the real estate business. But that’s about to change. I’ve just released a course in the Flipping America Academy called “Getting it Done: Creating the Life of Your Dreams”. This is a FREE course, even if you haven’t bought my Planner. Go to NEED LINK and learn more.  News and Resources:  Mindset Moment:  Visualization is a tool we use to create businesses, golf shots, game strategies, relationship interactions and many more. If we can harness the power of visualization our lives will improve exponentially. Google visualization and you will get about 51,700,000 hits in mere seconds. There are a LOT of people talking about this and some great resources out there.  Visualization is a big part of what I teach my students in my coaching program as well. But here is what I want to add to the conversation today that doesn’t get said often enough: Visualize every day the life you want, but don’t spend so much time on it you become ungrateful. Take some time also to be thankful for where you are right now, what you have, and the process that will get you where you want to be.  Motivational Quote: “One powerful takeaway of Conwell’s “Acres of Diamonds” lecture is that there are opportunities and wealth (i.e., Cash Providers) right in your own backyard. And you don’t need to be born into a certain type of family, have a country club membership, or go to a certain school to get connected to people with money to invest with you. Take a look around—you are already standing on your own acres of diamonds.” ― Matt Faircloth, Raising Private Capital: Building Your Real Estate Empire Using Other People's Money  

I buy and sell multiple houses every week. To date I’ve been personally involved in the selection, purchase and sale of nearly 2000 properties. I’ve used my own money maybe 20 times. You could say I know a thing or two about using other people’s money. And today I’m going to share my secrets with you.  Not only am I going to share with you how it works, I’m going to introduce you to a brand new resource at Flipping America that will help you put it all together.  You’ll understand the funding stack the big companies use to put together billion dollar deals and exactly how you can apply those principles to your own business. Get the rehab process right and you could be flipping multiple properties with none of your own money.  I won’t tell you it’s easy - because it’s not. But once you understand the process, and if you will apply yourself to gaining the skills you need to make it work, it will become second nature. How to contact us Follow Starr, @realestateislifeatlanta on Instagram and Facebook 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.  I’ve received the same question at least half a dozen times this past week, “Roger how do you get everything done?” It’s no secret - I use my own planning system — the GMS Planner — that I developed over a period of years and have been publishing on Amazon since 2017. We’ve not pushed this product at all because — well — we are in the real estate business. But that’s about to change. I’ve just released a course in the Flipping America Academy called “Getting it Done: Creating the Life of Your Dreams”. This is a FREE course, even if you haven’t bought my Planner. Go to NEED LINK and learn more.  News and Resources:  The top foreclosure cities in America - but still over 80% lower than pre-pandemic levels. https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-metros-with-highest-foreclosure-rates-in-q2-2021/ This is a chart you want to study - the cities in America with the fastest times to flip. https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-housing-markets-with-fastest-times-to-flip/ And just like I predicted back in January, the Zoom Boom will not last. https://www.wsj.com/articles/return-to-work-the-boss-wants-you-back-in-the-office-11627079616 For Larue and Kenton. Thanks for your questions. Here’s a link to some tenant screening services: https://www.rentspree.com/best-tenant-screening-services-2020/   Mindset Moment:  Visualization is a tool we use to create businesses, golf shots, game strategies, relationship interactions and many more. If we can harness the power of visualization our lives will improve exponentially. Google visualization and you will get about 51,700,000 hits in mere seconds. There are a LOT of people talking about this and some great resources out there.  Visualization is a big part of what I teach my students in my coaching program as well. But here is what I want to add to the conversation today that doesn’t get said often enough: Visualize every day the life you want, but don’t spend so much time on it you become ungrateful. Take some time also to be thankful for where you are right now, what you have, and the process that will get you where you want to be.  Questions from Listeners: Larue, Lancaster, PA, “How do you recommend screening your tenants?” Kenton, Pittsburgh, PA, “Is there a way I can do a credit check on a potential tenant? What I really want to know is whether they have been evicted.”  Sherry, Las Vegas, NV “I think I heard you talking with someone on a prior show about making raw land cash flow. Can you review what you all discussed?” Adam, Louisville, KY, “When is Flipping America starting back in-person meetings. I’m in Flipping Louisville and we haven’t had one yet.” Peter, Villages of Ocala, FL, “My wife and I want to allocate around $250-300k in income producing properties. Can you review some options and make a recommendation?” Motivational Quote: “You are more productive by doing fifteen minutes of visualization than from sixteen hours of hard labor.” Abraham Hicks  

How do YOU manage your time? Today I’m going to introduce you to one of the best there is. She accomplishes more in a day than most of us get done in a month. Plus I’m going to talk to you about how to get your real estate deals funded with NONE of your own money. Today on Flipping America.  Jen Du Plessis is one of my favorite people. She’s an author, investor, AirBnb owner, speaker, podcast host, investor lender, competitive ballroom dancer, and grandma. We are going to talk about how she gets it all done. You will be informed and inspired, I promise.  In the second half of the show I talk to you about how I get rehab and rental projects funded with none of my own money. I’ll talk about all of your options and how to put them together. If you want to do real estate and are not already sitting on a few million dollars, you need every bit of this show.     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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.  Legal Shield. rogerbhelps.com News and Resources:  It’s not just me who says we are not in a real estate bubble. https://www.keepingcurrentmatters.com/2021/07/01/are-we-in-a-housing-bubble-experts-say-no/ See? I told you we are not going to see a huge spike in foreclosures: https://www.cnbc.com/2021/07/02/mortgage-servicers-brace-for-fallout-as-covid-bailout-comes-to-an-end.html Questions from Listeners: Jen, Smyrna, GA I am new to this business.  My LLC is established and I am ready to roll. I have been making offers even though the one thing holding me back is the GAP funding. That is part I am lacking.  I qualify with HM Lenders, I just haven’t found sources to secure the GAP funding. Any advice?  I am hoping to take a Home equity line out line out in August.  But this market is so crazy I my offers are being bypassed by other investors by $1,000 of dollars.  I just can’t understand how they our going to make a profit when they sell because these houses need soooo much work.  They are buying them as is and way over the asking price. Motivational Quote: “Don’t tell me your failure to perform was because you didn’t have enough time. You have enough time to do the things you really want to do.” -Roger Blankenship

Today we are addressing two of the big issues that always confront real estate investors: 1. Funding your Deals. 2. Hiring good contractors.  Mark Willis is coming along in just a few minutes to talk about how to use your own money to buy insurance that will provide a cash value which you can borrow against to fund your own flips. It’s a process we call “Bank on Yourself”.  Then I’m going to interview Troy Good. He’s a real estate investor and general contractor from Pennsylvania. As part of his work he sometimes hires other contractors. So I am going to pin him down about how he finds and vets other contractors. I also plan to ask him what he does when a job goes bad and hopefully we will talk about paying contractors in advance for their work.  It’s a full show today - stay with us all the way through and you’re going to get some amazing actionable value from it.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield Questions from Listeners: Jen, ??? Thanks for the email.  I am new to this business.  My LLC is established and I am ready to roll. I have been making offers even though the one thing holding me back is the GAP funding. That is part I am lacking.  I qualify with HM Lenders, I just haven’t found sources to secure the GAP funding. Any advice?  I am hoping to take a Home equity line out line out in August.  But this market is so crazy I my offers are being bypassed by other investors by $1,000 of dollars.  I just can’t understand how they our going to make a profit when they sell because these houses need soooo much work.  They are buying them as is and way over the asking price. Motivational Quote: “If you love life, don’t waste time, for time is what life is made up of.” ― Bruce Lee

What investments are held by your 401k. You don’t know? I don’t either, but I can tell you one thing for sure - it’s not real estate. Why? It’s too much hassle for 401k administrators. This reality has given rise to independent retirement account administrators called custodians to allow you to direct your retirement dollars into real estate. The trick is - you can’t do it with your current employer’s retirement plan. You have to fund it separately. Today I’m going to introduce you to one of the most powerful and successful Self Directed IRA custodians out there - American IRA. And we are going to talk about how you can invest retirement money into safer, better returns, which are tax-deferred and could even be tax free.  Sean McKay American IRA Senior Vice President talked with me and with the Flipping America REIA about your options to invest with a self-directed retirement account. You could be building tax-free wealth. Learn how to create an account, roll-over an existing 401k or other retirement account, and hear several strategies for putting this money to work.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding : Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield News and Resources:  Nice summary https://www.thebalance.com/how-to-invest-in-real-estate-with-a-self-directed-ira-4057066 This article does a nice job of explaining how it’s done and points out the one real knock on investing in real estate with your SD-IRA https://www.kiplinger.com/article/real-estate/t032-c032-s014-how-to-use-a-self-directed-ira-for-real-estate.html Also a good summary: https://www.irafinancialgroup.com/learn-more/self-directed-ira/self-directed-ira-for-real-estate/ This link highlights the distinction between self-directed and self-managed and thoroughly defines “custodian” https://www.realtymogul.com/knowledge-center/article/investing-self-directed-ira-real-estate-basics One of the most complete overall summaries. Also points out the advantage of forming a business entity within the SD-IRA https://morrisinvest.com/blog/2020/5/16/how-to-use-a-self-directed-ira-to-invest-in-real-estate/ Quick read, basic. https://www.theentrustgroup.com/blog/basics-of-self-directed-iras-and-purchasing-rental-property-with-retirement-funds I like investopedia generally, but this article was clearly written by someone who is terrified of real estate. https://www.investopedia.com/articles/personal-finance/111615/using-your-ira-buy-investment-property.asp Good mention of the need for non-recourse loans in a self-directed. https://www.forbes.com/sites/greatspeculations/2018/04/09/five-things-to-consider-before-buying-real-estate-with-a-self-directed-ira/?sh=767a61d81d8a Mindset Moment:  Don’t ask for things to be easy. I will take easy money when it comes, but I’m not going to simply wait for it. Some of life’s most valuable things come from what is hard. Relish the hard.  Questions from Listeners: Suzanne, Tampa, FL, “I looked at a private placement memo from an apartment operator and he talked about a cap rate of 7% but the investment projects a 13% IRR. I looked that up and read some articles about IRR, but I’m as confused as ever about what it really means. Can you help?” Carla, Stone Mountain, GA “I tried to buy a rental house nearby. I have a good job and good credit (over 720) and the house already has a tenant living in it. But my bank denied the loan because of debt to income. They said I didn’t make enough money to qualify for both payments. When I looked into this, they weren’t counting the income from the property. What can I say to help them understand their error?” Ted, Macon, GA “I was going for a loan on a couple of rental houses and the lender only counted part of the rental income. When I asked why they said “expense ratio”. Can you explain this?” Andrew, Baltimore, MD, “I was telling my friend that I just got a subject-to deal with $200 per month positive cash flow. He asked me how I was going to make up for what I’d be losing on that deal. I thought he was kidding, but he was dead serious. I didn’t want to look like a moron to my friend, so I thought I’d ask you.” Motivational Quote: “If you love life, don’t waste time, for time is what life is made up of.” ― Bruce Lee  

I want to invest in real estate but I want to keep my day job. How can I manage it all? Today I have answers for you. Passive income is (or should be) our goal. If you are starting with a big pile of money and/or good credit, you can skip flipping and go straight to rentals. Make money in your sleep and enjoy the tax advantages that come from owning income properties. But how do you go about it? What do you buy? What should the numbers look like? How do you manage them? When and how do you hire management? Get answers to these and all your questions.  Kim Kesterke, author of “The W2 Landlord” course joins me for a discussion of the ins and outs of owning single family rentals.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Funding: Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield  Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:  https://www.marketwatch.com/story/5-things-to-know-about-investing-in-single-family-rental-homes-2018-05-29 Targeted to women, but good advice for all. https://womenwhomoney.com/investing-single-family-rentals/ Written for physicians, but pretty thorough for anyone. https://financialresidency.com/how-to-evaluate-a-single-family-house-for-a-buy-and-hold-rental-investment/ One of the best set of arguments in favor of single family over multi-family investments I’ve seen. Plus - he’s a fan of John Shaub, as I am. https://www.coachcarson.com/why-single-family-houses-are-your-best-investments/ This author makes the argument but confuses cap rate with return on cash, which are very different. A 5% cap rate might still yield double digit returns on cash. https://www.rentfaxpro.com/why-i-invest-in-single-family-homes-over-multifamily/ This article makes a good cast for remote rental investing and does a nice job of explaining the benefits of leverage. https://learn.roofstock.com/blog/single-family-rental A few of the “pros” for single family here represent an attempt to manufacture logical support for something they are selling - namely turn-key rentals. That doesn’t make them wrong - but perhaps overstated. https://learn.roofstock.com/blog/single-family-vs-multi-family-rental-investments Good explanation of the concept of tenant “stickiness”. https://investorjunkie.com/real-estate/single-family-rental-homes/ This is a balanced pros and cons comparison of single-family and multi-family investments written by someone who is NOT selling one or the other. https://passiveincomemd.com/is-it-better-to-invest-in-single-family-rentals-or-apartment-buildings/   Mindset Moment:  No one can do everything all the time every day. I find that my life has been the sum of several phases. Some of them are major phases - like this whole real estate thing. Some of them are minor. For example, after the pandemic started, we started buying deli meats and all the trimmings needed to make sandwiches for lunch at home - since that’s where I was. I really got into the art of making a great sandwich - for a couple of months. It was healthier probably than what I had been eating and I enjoyed it but I stopped. I don’t know why and I’ve given zero thought to it other than this moment of reflection. Why? Because it’s not important.  You’re going through a phase in your life right now too. Probably several. One or two big ones and several minor ones. Perhaps you started the year in a “let’s get organized” phase and, well, it’s essentially over. Still need to get organized? Ok? Relax and try again. Don’t waste energy beating yourself up for what is not a natural ability. Just keep plugging away.  Do you have a lot of plates spinning and every day seems like a battle just to keep them all going? Ok. Relax. Re-evaluate whether any of those activities could just cease without damaging you, your credibility, your income, or your relationships. If not, just keep plugging away.  You’ll get through this phase. And perhaps this one is preparing you in some way, perhaps in combination with other past experiences for what is next. Embrace the phases. Enjoy the journey.  Questions from Listeners: Santonio, Oklahoma City, OK, “I’m in the military and want to own rental houses, but I move around a lot. I don’t want to end up with houses scattered all across the country do I? That would seem like a management nightmare.” Peter, Colorado Springs, CO, “Would you explain the difference between cap rate and cash on cash return?” Motivational Quote: “When you invest, you are buying a day that you don’t have to work.” Aya Laraya  

“I have no money and no credit. Where should I begin?” We have the answer for today on Flipping America. Brandon Barnes is not only a master wholesaler himself, but he can teach you how to do it. Today on Flipping America. I’m going to let you in on a little-known secret. Along with everything else I have going on, I still wholesale houses. I have a great team bidding and offering on houses in multiple states across the country. Sometimes I close and wholetail. Sometimes I close and rehab. Sometimes I double close and occasionally I’ll flip a contract. I don’t talk about it much and I only tell you now to let you know I know this business - but I don’t know everything about it and there is always room to learn grow and improve. That’s when I turn to someone like Brandon Barnes.    Brandon has a degree from Purdue University and in spite of what looked to be a promising career, he opted to get into real estate and he’s killing it. I like him, I like his integrity and work ethic and I like the way he approaches this business. I’ll admit that one of the reasons I get him on the show occasionally is so I can get up to date and learn some things to improve my own business.    Now you might be saying, “I have money and credit. Do I need this?” Would you like to get direct to sellers and work out your own deals? Of course you would! I’m not telling you to cut out the wholesalers, but it’s possible that if you learn these techniques you won’t need them as much.    Before we get to Brandon I have a quick conversation with Jen Du Plessis, who teaches not Time Management but Priority Management to entrepreneurs. She’s been in and around real estate for many years in the mortgage industry and as I learned on this call - funding for real estate investors. So much great information heading your way today.    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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Financing: Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.   Legal Shield    Announcements: Flipping America Funding is live! Monday May 16th.  News and Resources:  https://connectedinvestors.com/blog/wholesaling-houses-step-by-step/?wickedsource=google&wickedid=CjwKCAjwv_iEBhASEiwARoemvKnmhdIikShSZeUHG-2aKOWEFJEhrYBKbYQoilLYGkBXGdVgXn23nhoCS44QAvD_BwE&wv=3&&gclid=CjwKCAjwv_iEBhASEiwARoemvKnmhdIikShSZeUHG-2aKOWEFJEhrYBKbYQoilLYGkBXGdVgXn23nhoCS44QAvD_BwE https://www.investopedia.com/ask/answers/100214/what-goal-real-estate-wholesaling.asp https://investfourmore.com/wholesale-real-estate/ https://www.mashvisor.com/blog/wholesale-real-estate/ https://www.fool.com/millionacres/real-estate-basics/real-estate-terms/the-pros-and-cons-of-wholesaling-real-estate/   MIndset Moment:  When I look in the mirror I see the Reason  The credit for my successes The blame for my failures I cannot make it without my team and I tell them often  but when they succeed it’s because I chose well and I led well. When they fail it’s because I did not choose or lead well. I am the Reason I may have setbacks, but I cannot fail if I don’t ever give up.  You got circumstances, I got circumstances We ALL got circumstances But you won’t find me under mine. My situation will not dictate my emotion. My circumstances will not control my results. External forces will not take away my power to choose. I cannot change the world, But I can change me and the way I relate to it.  So I charge on. I am the Reason   I have a massive vision  which creates massive pressure  leading to massive action  which is the only chance I have  to achieve massive results. The world doesn’t owe me success. God doesn’t owe me success. No one but me  is going to work hard for my success. Therefore… No one will work harder  for their success  than I will for mine.  I will give my ALL  and then push a bit more so tomorrow  my “all” will BE more.   Motivational Quote: "An investment in knowledge pays the best interest." — Benjamin Franklin   Tags:

The real estate market has never been hotter. This is great news for home sellers. But every bit of good news in the financial industries comes with another side to the coin. It’s never been more difficult to find a good deal to flip. So is house flipping dead? No. But it’s different. Today I’m speaking with a guy who’s been flipping for 35 years - he knows what to do in any market.  Bruce Glenn joins us to discuss the state of house flipping in 2021. Bruce is a prolific investor and mentor from Birmingham, AL. We will discuss the unique challenges for flipping houses as the pandemic wanes, and lockdowns end. Homes have never been in higher demand than right now, which makes it great to sell, but difficult to buy. Bruce and I are going to talk about how to deal with this current reality. Then we will look into the short-term future to help us all prepare for what lies ahead after the eviction and foreclosure moratoriums end.  Bruce Glenn has been an appraiser for 30 years and a house flipper for 35 plus years. Last year he published a book, “First Flip: Thirty Years of Secrets So Your First Flip Isn’t a Flop” Here are just a few of the questions I ask him on this episode.  How can you find your first flip? Specifically what are you doing right now in this market to find potential properties. What are the best kinds of neighborhoods to flip in? How do you find the money for your flips. Let’s talk about your team. Who should be on it? How do you find them? What do you look for when hiring staff or contractors? Any thoughts on where the market is headed? 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield News:  Federal judges are ruling the CDC does not have the authority to ban evictions.  https://www.nbcnews.com/politics/justice-department/federal-judge-rules-national-eviction-moratorium-exceeds-cdc-s-authority-n1266399 Home prices up 11.3% YoY. Wow. Biggest gain since 2006 https://www.corelogic.com/insights/home-price-index.aspx?WT.mc_id=crlg_210504_HNBZM&elqTrackId=c9e625cf2ab64aa28b4df75667ae5ac6&elq=8e7ba79168084989a0578f5aade5855f&elqaid=25005&elqat=1&elqCampaignId=1497 Questions:  Faith from Omaha, NE “Can you explain a mortgage wrap and when I would use it? I’m a new investor and excited to get started.” Sandy from McDonough, GA “Would you rather buy one flip where you could make $30,000 or two rentals where you could make $800 per month together?” Kimberly, West Miffin, PA “We have a rental house that will come vacant at the end of March. We are thinking of selling it. Should we wait to list it in June or go ahead and list it? We are thinking in might sell for more during the peak buying season.” Jason, Harrisburg, PA, “is there one best source for deal flow? If there is, what is it?” Carl, Oconomowoc, WI, “Do you still use other people’s money in your own flips? If so, why? Wouldn’t it be better to just use your own cash at this point?” Cindy, Westchester, PA, “I heard you talking about the advantage of leverage in real estate deals. How do you reconcile this with Dave Ramsay’s teaching that we should never borrow money - ever - especially for real estate investments?”  Motivational Quote: "An investment in knowledge pays the best interest." — Benjamin Franklin  

Louis Glickman said, “the best investment on earth is earth.” And today we are going to tell you how to invest in raw land.  Jack Butala and Jill Dewit joined us last night in a lively conversation about the whys, whens, and hows of investing in land. They shared some of their roadmap for growing wealthy through the buying and selling of land. Not only did they tell us how they have done it, they are offering you an opportunity to learn their exact approach. It’s a numbers game and everyone who plays can win.  Jack and Jill have worked for years to put together the resources that put this within almost anyone’s reach. Flipping houses isn’t for everyone and may not be your cup of tea. But here is one way to reach your financial goals without all of that hassle and complexity. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield   Landlord Coach Hey Atlanta!  Are you a buy-and-hold investor and looking for ways to make owning and running your rental properties EASIER?  Would you like to know how to make more money with your Rentals?  You should consider joining the Landlord Coach, Mark Dolfini, for a 2 hour training event for one of three sessions on April 30th or May 1st right here in Atlanta.  The cost is just $34 and you get a copy of his Best Selling book, The Time-Wealthy Investor 2.0 sent to you in advance.  100% satisfaction guaranteed, just head over to LandlordCoach.com/Atlanta to sign up now.  That’s LandlordCoach.com/Atlanta Announcements:   News:  Questions:  Martin, Orlando, FL, “ Warren, Augusta, GA “Can you talk a bit about the foreclosure process and how a person can buy houses at the public auction?” Anna, Columbus, GA “Help! I bought a house at the foreclosure auction. The people are apparently still living there. What do I do?” Matthew, Blue Ridge, GA “I don’t see how you could buy a house that you’ve never been inside. How do you come up with a repair budget? You don’t know what you’re getting in there - I don’t see how anyone ever takes this risk. Since you have in the past, can you shed some insight?” Alison, Austin, TX “How is it you buy some foreclosures at the courthouse but you can also buy foreclosures through the MLS sometimes?”  Charlie, Columbia, SC “When can I start working on the house I just bought at the foreclosure auction? It’s vacant.” Carolyn, San Antonio, TX “I have a hard time with the foreclosure process. It seems like you are  profiting from someone else’s pain. You seem like a nice man, but this is a cold-hearted way to make money. How do you live with yourself?” Motivational Quote: “You don’t learn to walk by following rules. You learn by doing and falling over.”  – Richard Branson, founder Virgin Group    

It’s the hottest real estate market most of us can remember. Houses are being sold on the same day as listing, many times with multiple offers over list price. And this is happening all over America - big cities, and small towns alike. It is so difficult to find a house to buy right now, is it even possible to flip houses? I’ll have the answer for you today on Flipping America. Bruce Green joins us to discuss the state of house flipping in 2021. Bruce is a prolific investor and mentor from Birmingham, AL who has been investing for 35+ years. We will discuss the unique challenges for flipping houses as the pandemic wanes, and lockdowns end. Homes have never been in higher demand than right now, which makes it great to sell, but difficult to buy. Bruce and I are going to talk about how to deal with this current reality. Then we will look into the short-term future to help us all prepare for what lies ahead after the eviction and foreclosure moratoriums end.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield   Landlord Coach Hey Atlanta!  Are you a buy-and-hold investor and looking for ways to make owning and running your rental properties EASIER?  Would you like to know how to make more money with your Rentals?  You should consider joining the Landlord Coach, Mark Dolfini, for a 2 hour training event for one of three sessions on April 30th or May 1st right here in Atlanta.  The cost is just $34 and you get a copy of his Best Selling book, The Time-Wealthy Investor 2.0 sent to you in advance.  100% satisfaction guaranteed, just head over to LandlordCoach.com/Atlanta to sign up now.  That’s LandlordCoach.com/Atlanta Announcements:   News:  Questions:  Alison, Nashville, TN, “My husband and I want to buy a house. We have been looking for months, making offers, and getting outbid or someone else beats us. Is there anything we can do to improve our chances?” Pedro, Chattanooga, TN, “Where are some places I can find a contractor for my rental house?”  Colby, Brooklyn, NY. “My girlfriend and I want to buy some investment property. We don’t want to create an empire or anything - just have a little extra money for traveling and so forth. Where is a good place to start?” Marla, Villages of Ocala, FL “I’m 77 years young. What’s the point of me getting a 30 year mortgage on a rental property?” Motivational Quote: “Time isn’t the main thing. It’s the only thing.” ― Miles Davis    

She’s a real estate millionaire, best selling author, host of her own top-rated podcast, and today Moneeka Sawyer is going to share with us her favorite method of creating cash flow.  Your ultimate success in real estate is going to come from your passive income. If you can get your passive income to support the lifestyle you want, you are financially free. You can retire to the beach, volunteer at your charity, work on that passion project, or finally start your own rock n roll band! Because you don’t need the money! Woo hoo! How do you get there? There are dozens of ways to do it and your options will vary according to how much cash you have to put into this.  Today I’m joined by Moneeka Sawyer, a successful investor 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Landlord Coach Hey Atlanta!  Are you a buy-and-hold investor and looking for ways to make owning and running your rental properties EASIER?  Would you like to know how to make more money with your Rentals?  You should consider joining the Landlord Coach, Mark Dolfini, for a 2 hour training event for one of three sessions on April 30th or May 1st right here in Atlanta.  The cost is just $34 and you get a copy of his Best Selling book, The Time-Wealthy Investor 2.0 sent to you in advance.  100% satisfaction guaranteed, just head over to LandlordCoach.com/Atlanta to sign up now.  That’s LandlordCoach.com/Atlanta Announcements:   News:  Questions:  Aaron, San Francisco, CA “What is a QuitClaim Deed and why would someone want to sell me a property this way?” Hunter, Huntingdon Beach, CA “My wife and I are getting out of California. I’m sick of paying for everyone else’s freebies. Considering either Arizona, Tennessee, Georgia, or Florida. Can you provide any insights on these places we should consider?” Alison, Nashville, TN, “My husband and I want to buy a house. We have been looking for months, making offers, and getting outbid or someone else beats us. Is there anything we can do to improve our chances?” Pedro, Chattanooga, TN, “Where are some places I can find a contractor for my rental house?”  Motivational Quote: “The noise you almost always hear in life and business is the scream of the urgent drowning out the whisper of the important.” ― Adam Contos, RE/MAX CEO

We all know the value of hard work. But we also sometimes need to find a way to create balance in our life. The work itself can be addicting - the completed deals are intoxicating. And once we are in it, the opportunities can be overwhelming. How do we decide? How do we say yes or no? Where are the boundaries? What are the rules? Mark Dolfini discovered his path and received life-altering clarity after a near-death experience due to overwork and exhaustion. Today we are going to hear his story and glean some of the truths he learned.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Landlord Coach Hey Atlanta!  Are you a buy-and-hold investor and looking for ways to make owning and running your rental properties EASIER?  Would you like to know how to make more money with your Rentals?  You should consider joining the Landlord Coach, Mark Dolfini, for a 2 hour training event for one of three sessions on April 30th or May 1st right here in Atlanta.  The cost is just $34 and you get a copy of his Best Selling book, The Time-Wealthy Investor 2.0 sent to you in advance.  100% satisfaction guaranteed, just head over to LandlordCoach.com/Atlanta to sign up now.  That’s LandlordCoach.com/Atlanta Announcements:   News:  Interesting article about the growth in capability of computers over the years. https://www.zmescience.com/science/news-science/smartphone-power-compared-to-apollo-432/ Motivational Quote: “There is NO amount of money that makes time irrelevant.” ― Mark Dolfini    

This is a sellers’ market. All you need is a sign in the yard and you’re going to get multiple offers. But you might not be making all the profit you can if you simply sell to the normal buyer. There hasn’t been this much of a sellers market in my lifetime. But as strong and glorious as it is, it cannot last forever. Sooner or later the market will swing and come back into balance for a moment on the way to being a buyers market.  What we are talking about today can work in any market. Creative selling really helps when it’s more challenging to sell. And creative buying can help you when it is more challenging to buy (like right now). The key is to be familiar with the process and then just put yourself out there. Our guests today have built a great system and an entire business out of creative deal structures. You’ll hear all about it in a minute or two.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements:   News:  Interesting article about the growth in capability of computers over the years. https://www.zmescience.com/science/news-science/smartphone-power-compared-to-apollo-432/ Motivational Quote: “The noise you almost always hear in life and business is the scream of the urgent drowning out the whisper of the important.” ― Adam Contos, RE/MAX CEO    

Did you hear about the new app for real estate investors that’s going to rock your world? I’ll tell you all about it in a minute or two.  You may be familiar with Moore’s Law of Computing: Moore's Law refers to Moore's perception that the number of transistors on a microchip doubles every two years, though the cost of computers is halved. Moore's Law states that we can expect the speed and capability of our computers to increase every couple of years, and we will pay less for them. I was there at the birth of the personal computer revolution. In the first few years this law was amazingly accurate. My first IBM PC was an upgraded version. It had a color monitor, although no one really had a use for color yet and there were no graphics - only ASCII characters. And I had two floppy disk drives. That means I could put the floppy for the program in one drive and save the data to the other. Formatting codes for word processing were visible to the user so it was a bit of a guess as to what would print out. Speaking of printing out, printers were dot matrix and could print in any color you wanted as long as the only color you wanted was black. Yes, if you were in accounting you could get a dual band ribbon that had red, if you had a LOT of money and programmers to make it work.  I remember seeing the first laser printer. We sat in dumbfounded awe as it printed a page with a perfect circle - no jaggies. At the time I thought it might be the coolest thing I had ever seen. This would have been about 1984 and it cost $1200.  Thanks to Moore’s law, you hold a phone that is 100,000 times more powerful than the computers that sent men to the moon in the 1960’s. And those computers cost $3.5 million! There’s something new in Technology every day. Imagine the power you will hold in your hand in 20 years! 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements:   News:  Interesting article about the growth in capability of computers over the years. https://www.zmescience.com/science/news-science/smartphone-power-compared-to-apollo-432/   Motivational Quote: It's part of life to have obstacles. It's about overcoming obstacles; that's the key to happiness. Herbie Hancock    

It’s NCAA Tournament time and that usually means upsets and underdogs. Surprises happen hourly in the first weekend which is why they also call it “March Madness.”  I’m no stranger to this process. My senior year in college we finally made the postseason - as a 2-seed. We went right out and ended my college career by losing to a 15-seed in the first game. Early in the game my coach called time-out and yelled at us for 60 full seconds. I don’t remember everything he said but one thing still rings in my head nearly 40 years later:  “Get Your Head In the Game” Of course I was focusing on the game at hand but the thinker/philosopher in me was engaging in a bit of critical evaluation. I would have liked to have said, “Coach, what you saying is technically true, but we need some actionable steps to take coming out of this timeout.” That didn’t happen. We lost.  Today I’m going to tell you why people get their heads in the wrong place - metaphorically “not in the game” but I’m also going to tell you how to fix it.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements:   News:    Questions   Motivational Quote: It's part of life to have obstacles. It's about overcoming obstacles; that's the key to happiness. Herbie Hancock    

If you listen to Flipping America and act on what you learn, you are going to end up with assets. Cash, properties both real and personal, and possibly a lot of it. Funny thing about our litigious culture here in America - poor people never get sued. But if you are rich, you can count on it. Yes, even if you are a good person and treat people well, someone will try to find a way to unjustly take what is yours.  Once a lawsuit is filed, you have lost. You might not lose the case, but you will have lost time, effort and not a small amount of money to attorneys in your defense. In some cases it is cheaper to settle the case and pay money even though you have done nothing wrong. The best way to win a lawsuit is to never get sued and the way to insure that is to own nothing.  Bob Bluhm is an attorney who can help make you immune to frivolous money-grab lawsuits. I like his approach and his style and I think you will too.  Mindset Moment: You’ve heard it said that “perception is reality.” No it isn’t. Reality is reality. The more precise statement is “perception is YOUR reality.” That’s not even completely accurate though if you are mature enough to accept that your perception of the reality might be colored by your perceptual sieve. What is a perceptual sieve and what the heck does this have to do with real estate? Great questions but keep in mind that although everything is NOT directly connected to real estate everything IS connected to your life and your business - and for many of you, that connects to real estate. What I’m about to share with you will affect your practice of real estate. But if you own a different type of business, it will affect that in a similar way. A perceptual sieve is like a screen or a filter. It’s a combination of your experiences, your lifelong messaging, either internally or from others, comparisons with similar situations in your experience and other events that give you a unique way of looking at the world. Events that fit your prior notions can become a sort of confirmation bias that will create a self-perpetuating loop - either positive or negative -- depending on where you started.  The 1997 movie “The Devils Own” feature Brad Pitt playing an Irish terrorist who comes to New York to broker an arms deal. In a unique twist of fate he ends up as a houseguest for a New York City cop of Irish descent, played by Harrison Ford. One of the famous lines from the movie is this one from Pitt, “The story doesn’t have a happy ending. It’s not an American story. It’s an Irish story.”  It’s entirely possible that two different people with different perspectives and perceptual filters may witness the same set of events or circumstances and come away with very different interpretations. This is due to their perceptual sieve. Once you recognize you have this filter, you can consider that when you are replaying the inner video of the things that happened. How could others have seen or interpreted this differently? At this point maturity and some humility begin to enter the frame.  In any conversation there are actually three conversations. What was said, what I think was said, and what you think was said. Which one is most accurate? But which one is most likely to affect your actions or reactions to that conversation?  When you look at a situation in your business, the tendency is to simply react. I recommend that in many cases, if time allows, take time to reflect before reacting. I would bet you that if you give it 24 hours before doing anything, your take on the entire event will be different. And your response will almost certainly be better than it would have been as a quick reaction. It certainly won’t be worse.  You can’t take a full 24 hours to think about everything. But most of the time you won’t need to. Because if you are pursuing your life thoughtfully, you might have already thought about what you do or how you would respond in most situations. This comes from pre-meditated anticipation, which is a topic for another day.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: News:  And the answer is...only if you plan to stay in it for at least 5 years.  https://realestate.usnews.com/real-estate/articles/should-i-buy-a-house-now More evidence of my prediction of a Zoom Boom. Vacation home sales up 80% or more YoY for 8 straight months.  https://www.worldpropertyjournal.com/real-estate-news/united-states/la-jolla/real-estate-news-2021-vacation-home-sales-data-redfin-housing-reports-top-vacation-home-markets-of-2021-coronavirus-impact-on-vacation-home-sales-12363.php Not news - homeownership is almost always more affordable than renting. But it is not automatically your best financial option.  https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-renting-versus-owning-a-home-benefits-2021-housing-predictions-attom-data-solution-2021-median-home-prices-12308.php Help is available to tenants (psst hey landlords - YOUR tenants too!)  https://www.cnbc.com/2021/03/03/45-billion-in-rental-assistance-may-soon-be-available-how-to-apply-.html Questions   Motivational Quote: “Your economic security does not lie in your job; it lies in your own power to produce—to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth.” –Stephen Covey    

Fixing and flipping houses isn’t for everyone. Fortunately there are about a thousand other ways to become a real estate millionaire. Today we are going to hear about another one. If you want to fix and flip houses, you have a number of things to learn and obstacles to overcome. Finding deals, finding the money, hiring good contractors, and a few dozen other details you have to handle. Or, you could just buy self-storage facilities.  Self-Storage Investing is one of the youngest – and fastest growing – forms of commercial real estate. From virtual non-existence before 1970, the industry has grown to over 58,000 self-storage facilities in the U.S. today. And it is a strictly American concept, as there are only 12,000 self-storage facilities in the rest of the world combined. With over 2.35 billion square feet of space – a land mass three times the size of Manhattan Island – the self-storage industry is an ever-growing opportunity. Self-storage units involve far less initial capital than many other real estate ventures. Lenders look favorably on self-storage as a start-up business because of their tremendous success rate. In fact, down payments may run as low as 25% for conventional business loans.  Better yet, Small Business Association (SBA) loans may require as little as 10% down. Operating a self-storage facility is straightforward.  It requires little previous experience.  Stacy Rosetti is joining us in a few minutes to discuss her transformation from house flipper to self-storage owner, advocate and trainer. She has the system, the know-how, and the ability to teach you what she has done to create financial freedom through self-storage. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: News:  And the answer is...only if you plan to stay in it for at least 5 years.  https://realestate.usnews.com/real-estate/articles/should-i-buy-a-house-now More evidence of my prediction of a Zoom Boom. Vacation home sales up 80% or more YoY for 8 straight months.  https://www.worldpropertyjournal.com/real-estate-news/united-states/la-jolla/real-estate-news-2021-vacation-home-sales-data-redfin-housing-reports-top-vacation-home-markets-of-2021-coronavirus-impact-on-vacation-home-sales-12363.php Not news - homeownership is almost always more affordable than renting. But it is not automatically your best financial option.  https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-renting-versus-owning-a-home-benefits-2021-housing-predictions-attom-data-solution-2021-median-home-prices-12308.php Help is available to tenants (psst hey landlords - YOUR tenants too!)  https://www.cnbc.com/2021/03/03/45-billion-in-rental-assistance-may-soon-be-available-how-to-apply-.html Questions   Motivational Quote: “Your economic security does not lie in your job; it lies in your own power to produce—to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth.” –Stephen Covey    

He built a multi-million dollar business. Then he got into real estate. Now he’s 100% real estate. Today you’re going to meet Paul Williams Hello everyone and welcome to this episode of Flipping America.  Paul Williams successfully built and exited another company before starting his real estate empire. He knows multi-family, but he also knows business. Hear his story and build on your dream of your real estate investing empire. Mindset Moment: 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: News:  https://www.multihousingnews.com/post/dlp-real-estate-acquires-4-property-portfolio/ Back in January I called it the Zoom Boom. People will be surging to the less expensive suburbs. Here’s the evidence it’s happening.  https://www.multihousingnews.com/post/pandemic-sparks-suburban-migration-naree/ https://www.multihousingnews.com/post/how-is-2021-shaping-up-for-multifamily/ https://www.multihousingnews.com/post/seattle-multifamily-report-winter-2021/ https://www.multifamilyexecutive.com/design-development/navigating-the-post-covid-19-multifamily-housing-market_o https://www.multifamilyexecutive.com/business-finance/leadership/multifamily-leaders-reflect-on-covid-19-response_o Questions: Motivational Quote: “Think where a man’s glory most begins and ends, and say my glory was I had such friends.” William Butler Yeats    

Money for a deal is not hard to get if you have the right deal. Today I’m going to show you just how easy it is. Will Dyer and Wayne Corley, our friends from Bay Mountain Capital are going to talk about hard money, what it is, what it isn’t, how to get it, and what Bay Mountain offers. I’m also going to ask them about   the things they do to protect your interests. They will do their best to keep you from a bad deal. Great people, great products, and great service.  Mindset Moment: I think I can, I think I can. This is not enough. You can think all you want about positive outcomes but some things are out of your reach. That’s the cold hard reality. But the other side of this argument is there is a LOT more in your reach than you might initially believe.  You can optimistically think you can go establish a colony on Titan or Mars, but for 99.99999% of us, this is not at all realistic. You may think you want to be a billionaire, but again, for most of us it isn’t realistic or even to be desired. Today I want you to take an honest look at yourself - your character, your personality, your intellectual ability and your resources. Now ask yourself, “what is possible with what I have?” Spend some time on this. Then ask, “what if I could improve my character, my personality, my intellectual ability and my resources?” What would be possible then? The good news is you can -- if you decide to. Life is all about choices, but it’s not really about the big choices as much as it is the cumulative effect of hundreds of small choices. Those small choices ultimately determine your character, your personality, your resources, and even your intellectual ability.  Here’s your thought exercise for today. If you have a choice in front of you that you normally don’t give much thought, think for 5 seconds about what if you made a different decision? Is there a smarter path? Use this method instead of merely reacting, floating through life as if you are on an unsteerable raft in a raging river.  You are NOT helpless. You are NOT powerless. You are NOT a victim. Your circumstances are what they are but they need not control you. Get up. Get out from under them. Make small improvements in your life today. Then do it again tomorrow.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: News:  https://www.realtor.com/videos/video-signs-of-renewal-as-the-spring-season-gets-underway/8eb4d27c-ad8c-4967-a85b-95f5c594fd3e https://www.realtor.com/news/trends/metros-where-buyers-are-clamoring-for-big-homes-again/ https://www.cnbc.com/video/2021/03/12/mtr-is-confident-about-the-future-will-invest-over-12point9-bn-in-projects-ceo.html https://www.cnbc.com/2021/03/15/31percent-of-young-adults-moved-during-covid-what-that-means-for-cities.html Questions Lynne, San Francisco, CA, I joined the Buyers Club. Can you tell me the landlord friendly states. I’ve had some bad experiences trying to get non-payers out of my properties.  Cyndy, Taos, NM, A group of us want to buy a house together and each have our own room and share the kitchen and common areas. We are all artists, but I’m the one person in the group who owned a home before and I’m thinking about things the others aren’t. There won’t be a loan on it. But what happens if someone leaves? How would we get our money out? Samuel, Topeka, KS “Is it possible to ask you something you don’t know about real estate?” Kristen, Boston, MA, My husband and I are going through a messy divorce. We have already sold our home and the money - about $400,000 is sitting in escrow waiting for the divorce to be final. The girls and I have a place to live and we are comfortable. I don’t plan to buy another home right away. If I were to end up with $200,000 where would you recommend I consider investing it in real estate? I don’t want to flip houses. I want to keep my job and routines.  Caroline, Birmingham, AL “My husband and I have been married a little over 2 years and we are ready to buy a house and start a family. What are some things we should consider in our search?” Motivational Quote: “We spend a lot of time thinking about what we want to do in ten years. We don’t think much about what we need to do tomorrow.” Peter Dinklage    

“There is more to a piece of property than the numbers. But if the numbers don’t work, move on.”  What do you see in your first look at a prospective property investment? I believe that before you look too hard at the property’s potential and definitely before you start remodeling bathrooms in your imagination, you should take a hard look at the numbers.  But what are the numbers? Which numbers do we consider? And how do we put them together to understand the deal? Today on this show I am going to talk about all of the essential numbers you need whether you are flipping or holding and will also point out a few numbers that investors often overlook.   Mindset Moment: 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: FAN Follow Your Flip Property Pairings News:  Questions Kate, Chattanooga, TN I'm new into this but need some advice on moving forward to be a real estate investor and quit the w2 9-5. A little background- I bought a house that is a rental now and a couple years ago I bought a duplex in Chattanooga, TN where I now live in 1/2 and rent the other. I'm potentially about to refinance the duplex which is about 4.6%. My thoughts on getting more properties and passive income is that I need to get another loan to buy another house as a primary residence as I don't have enough to put the 25% down required for an investment property (but have great credit).  It’s a tough transition and to be honest with you, you’re going to have to work some long hours to pull this off - at the beginning. But if you are ready, it goes something like this: Find a deal, Find a partner or the money Bird dog if you have to. Wholesale if you can Flip when you are able. Use the profits to invest in cash flow.  There are steps to each of those of course, but that’s a basic outline for getting out of a W2 job. The hardest part is the first step. You are wise in your approach to buying another home. You will have to be able to qualify for both payments until you have two years of rental income on your tax return. Bay Mountain Capital can loan you money on rentals before that time based on the rents’ ability to cover the debt service. This is known in the business as Debt Service Coverage Ratio. Banks won’t do that right away. But if you can qualify to make the duplex payment and then make another payment you could be on your way.  With excellent credit you can probably start building up business credit with my friend Bill Jennings. Click this link to check it out: http://bit.ly/fafunding The great thing about this is once you have the credit established, it does not come back to your personal credit score. If you are better than a 720, Bill can get you a LOT of operating capital. That gives you money for things like down-payments and my coaching program. :)    (waaaaay less expensive than Fortune Builders).  I started in single family. I became an expert in single-family. I can make a lot of money in single-family and I probably will continue to do so. But there’s nothing preventing me from adding a little multi-family in there as well. But my involvement will most likely be as a passive investor with someone else.  Motivational Quote: “The bad news is time flies. The good news is you’re the pilot” Michael Altshuler  

You might have heard that money is the root of all evil. If you were listening very carefully you might have actually heard the LOVE of money is the root of all evil. The pursuit of money is almost always associated with either hard work or crime, striving, pushing, hustle, and stress. Our guest today, Jonathan DeYoe says it ain’t so.  In a world that is market-focused and performance-driven, Mindful Money is goal-focused and planning-driven.  Mindfulness, the non-judgmental awareness of the present moment, allows us to ignore the media driven emphasis on “beating the market” – something that is never predictable or controllable – and focus on simple, disciplined behaviors that have long-term impacts on our lives. With this approach, you will feel less anxiety, enjoy better financial outcomes, and earn your happiness dividend – the joy and satisfaction that comes from a life well lived. “Let your Mindful Wealth Map be your personal finance decision anchor. When fear or greed grip you, or the desire for a new toy overwhelms your wiser self, your Mindful Wealth Map can remind you of what is important and bring you back to the trade-offs you SAID you wanted to make to get the outcomes you know are most important to you.” - Jonathan DeYoe Mindset Moment: We all have a different definition of success. Some people define success by having a loyal family and children. But most of the world would identify it as achieving power and wealth. Here are some tips from successful people, you can use in college, future career and personal life. If You Want to Learn Something – Just Do It. “The best way of learning about anything is by doing.” – Richard Branson Richard Branson is a very successful English businessman, who’s inspiring a lot of young people to start their own business and stop being afraid of doing something new! Richard can give us valuable advice – you can’t learn about anything without actually doing it. You can read a lot of books on how to ride a bike, but unless you start riding it, you won’t be able to know how to do it well. Develop Yourself “If I really want to improve my situation, I can work on the one thing over which I have control – myself.” – Stephen R. Covey How can people control others without knowing how to control themselves? If you want to be successful and improve some things around you – start with yourself. Every person should improve themselves before trying to influence the others. Very often it becomes the hardest thing to do. Everybody can see mistakes in others, but when it comes to yourself – it’s hard to notice anything wrong. Be Persistent “I have not failed. I’ve just found 10,000 ways that won’t work.” —Thomas A. Edison Thomas Edison is one of the most successful American inventors. If his new invention didn’t work right away, Edison started trying so many times, until it worked. Simple as that. You shouldn’t give up as soon as something doesn’t go your way. Edison’s key to success is to be persistent and confident. Eventually, you’ll be able to achieve great results. Many people give up without understanding that next try could be successful. Love What You Do “The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it. ” – Steve Jobs Many people settle on their lousy jobs and work until retirement. It is not necessary! Everyone has a thing they love to do. It can be programming, singing or writing, it doesn’t really matter. Your work will be truly successful only if you’re passionate about it. Start chasing your dreams, try different jobs. If you’re young, you have a lot of possibilities to choose from. Steve Jobs doesn’t want you to settle until you’re sure it’s what you want to do! Work Hard “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell Colin Powell is right. You may think there are some secrets to success you don’t know. Or that you have to be talented in one area to achieve wonderful results. To be honest, it is result from very hard work and learning from failure. It is important to learn from mistakes to not let them happen again. Before you start doing something, you need to prepare, research and work as long as it takes. Don’t Procrastinate “Procrastination is one of the most common and deadliest of diseases and its toll on success and happiness is heavy.” – Wayne Gretzky No more “I’ll start on Monday/tomorrow/next month/year” words! It’s now or never. We all know what it is to be a procrastinator. You just can’t do anything, you want deadline extension, even if it takes less than an hour to do something. Stop looking for excuses! Successful people don’t procrastinate. This is their key to success. Be Passionate “Stop chasing the money and start chasing the passion.” – Tony Hsieh We’ve all heard about Zappos – a company with the happiest employees. Tony Hsieh realized that he didn’t have to chase the money. He should find his passion and go for it! If you manage to find that passion, you’ll see it can bring money as well. Tony used to spend days, not even hours at work, because he loved it! If you’re not ready to devote most of your time and energy on your work, maybe it’s not for you. Choose Wisely “It is our choices, that show what we truly are, far more than our abilities.” – J. K Rowling You may have some great abilities and talents. But the most important thing is what you do with those abilities. You need to make a lot of choices in your career and they define who you really are. So make sure they are the right ones. Don’t let others influence your choices and stay true to your principles. Revenge Your Enemies by Being Successful “The best revenge is massive success.” – Frank Sinatra Be ready to hear a lot of meaningless critics. But listen to Sinatra’s words – the best revenge is to show all these people how successful you are. There is no need to worry about someone’s mean words. All you should do is forget about the bullies and show the world you’re better than them. Stay Focused “The successful warrior is the average man, with laser-like focus.” – Bruce Lee Bruce Lee was a wise man, who thought it was important to stay focused all the time. You should think only about things, which matter and ignore all the distractions. There are some long-term goals you should think about, so be focused on them. Decide what’s important to you and motivate yourself to reach all your goals. You won’t find some extraordinary secrets to success. The most important part is to work hard, believe in your dream, be persistent and don’t listen to meaningless critics. Be confident and don’t let others stop you. And always practice! Even the most talented people had to spend hours every day to become great. So get rid of procrastination and enjoy improving your skills! 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: News:  Questions Motivational Quote: I wish you enough I wish you enough sun to keep your attitude bright no matter how grey the day may appear. I wish you enough rain to appreciate the sun even more. I wish you enough happiness to keep your spirit alive and everlasting. I wish you enough pain so that even the smallest of joys in life may appear bigger. I wish you enough gain to satisfy your wanting. I wish you enough loss to appreciate all that you possess. I wish you enough hellos to get you through the final good-bye.    

It’s about that time of year again for small businesses everywhere - tax return time! Today I’m introducing you to someone who can really help.  Introducing Keven O'Leary's (Mr. Wonderful on Shark Tank) small business tax service, called "Tax Hive". Put your business in overdrive. Their plans include monthly training, online education tools, unlimited tax consulting services, IRS audit protection and more. They will do tax preparation, entity formation and even estate planning. You'll especially want to hear about their $10,000 guarantee. We have a free ebook for everyone who registers. Mindset Moment: I’ve been thinking about cancel culture for the past few days, this especially in light of the cancellation of Dr. Suess. His work spanned decades of humanity where he spotlighted greed, prejudice and disproportionate authority. And he did this while teaching children how to read in a delightfully fun way. He combined weighty topics, humor, and education in a way that has rarely been matched. In many ways he was ahead of his time. Yet today he is judged with a different standard by Generation PT. That’s “Generation Participation Trophy,” which is my name for pretty much everyone under the age of 35.  I know I run the risk of being the old man with the “I had to walk five miles to school, uphill both ways, in snow, sleet, rain, or wildfire.” stories. But did today’s young judges of all that is morally proper ever hear the phrase “sticks and stones may break my bones, but names will never hurt me?” You know what you can correctly call someone who is easily offended? Weak. Immature. Or too spoiled to know what real hardship is.  These are the same people who now want to cancel Abraham Lincoln because he didn’t do enough. Rewrite history, tear down statues of imperfect people, establish new standards of wokeness, crucify anyone who doesn’t conform and especially those who disagree. I want to say I’ve never seen anything like it, but that would not be true. I’ve seen and experienced something JUST like this.  I grew up in the Independent Baptist Church movement. Yes we had Jesus, but in order to hang out with us you had to line up with us on about 150 other points of dogma. Our rule forbade any kind of secular music, and then ended up forbidding most Christian music because it “sounded secular.” Females were never allowed to wear pants. Men could not have hair touching their ears or collars. We had sermons against wire rim glasses, bubble gum, roller skating, short hair on women and an endless number of social issues intentionally designed to make us look peculiar. And then the doctrine. Most people listening to my voice will have no idea what a dispensation is. But I’ve seen heated arguments and vile things said between people who disagreed about dispensationalism, covenant theology, Bible versions, predestination, and maybe 30 or so hair-splitting interpretations of the book of Revelation.  So I’m going to prescribe a response to today’s cancel culture and make a bold prediction.  Response: Stand firm for what is right. Wait it out.  Prediction: the Cancel Culture will implode. They will eat their own. There is essentially NO independent Baptist movement in America today. The group that once boasted some of the largest churches across the country has imploded. Many of the churches, colleges and schools are completely gone. They succeeded in splintering into so many factions that splinters were all that were left.  Cancel culture is going to fail. Any movement that makes up its own morals and then condemns those who don’t measure up will ultimately fail. Why? Moral or doctrinal purity is a constantly moving target. For years we were told that we should allow people to express their own sexual preference. Then suddenly last year that phrase became “old” and “incorrect”. Now it’s sexual orientation. I could give you a thousand examples of shifts in phraseology or even what is considered correct. No one is perfect. Most people realize this. No one from history who, completely unaware of today’s sensibilities, will ever measure up. Most people realize this.  Today’s woke crowd will not measure up to tomorrow’s standards. Jesus himself prophesied this: “the measure you use to judge others will be used against you.” The “measure” being used to judge people from the past is something those being judged could not have known. Today’s judges will be judged by future standards of which they know nothing. And they will be cancelled. The social milieu created by the cancel culture is divisive and will lead not to greater harmony. It leads to fractured or splinter groups and they cannot survive.  Coalitions are built around agreement on core issues and agreement to disagree on other issues. Cancel culture moves peripheral issues to the core and then breaks up the group because of a newly heightened significance attached to an issue about which there can be no consensus. What do you say about a parent who does nothing to control their toddler’s temper tantrums? Weak, uninformed, and ultimately cowardly. What does the child learn? Tantrums get your goals accomplished. Today’s business and political leaders remind me of those parents. Weak, Uninformed, and ultimately cowardly.  How about this instead? Win the argument. Study what you believe, prepare your response, and win the argument.  What’s a real estate investor supposed to do with all this? I don’t know - maybe this show is all about real estate and a little bit more. Let me know what you think. [email protected] 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: “Find Your Fit in Real Estate Investing.” This is a free course designed to help you get started on the right path. It’s available at bit.ly/findyourfitinre.  News:  https://realestate.usnews.com/real-estate/articles/should-i-buy-a-house-now https://www.worldpropertyjournal.com/real-estate-news/united-states/la-jolla/real-estate-news-2021-vacation-home-sales-data-redfin-housing-reports-top-vacation-home-markets-of-2021-coronavirus-impact-on-vacation-home-sales-12363.php https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-renting-versus-owning-a-home-benefits-2021-housing-predictions-attom-data-solution-2021-median-home-prices-12308.php https://www.cnbc.com/2021/03/03/45-billion-in-rental-assistance-may-soon-be-available-how-to-apply-.html Questions Jackson, Memphis TN, “New member here. How do I get into the Buyers Club? Do I need to be nominated?” Alison, South Bend, IN, “Is it possible to flip commercial buildings?” Samantha, Lakeland, FL, “I have a rental house that has a problem with mold. I’ve spent thousands a couple of different times to have the mold remediated, but it always comes back. Please - do you have any ideas?” Cameron, Austin, TX, “I am looking at trying to build a presence on social media for my flipping business. How much of your business comes from your social media presence?” Suzanne, Boulder, CO, “it’s been a long winter. What do you do over the winter when houses can’t really be repaired? Motivational Quote: "Don't look for the needle in the haystack. Just buy the haystack!" -Jack Bogle  

Flipping houses is popular and is the subject of many TV shows. But it isn't for everyone. In fact, it's probably not for MOST people. There are many ways to invest in real estate and you should consider all your options before launching. For some the skills required are not a good fit. For others it's the money required.  I want you to take a comprehensive and honest look at yourself before embarking on your real estate investing adventure. You can try things and see what works for you or you can save time and money by thinking through the issues ahead of time. Later in the show I’m going to play the audio from lesson one in my new course “Find Your Fit in Real Estate Investing.” This is a free course designed to help you get started on the right path. It’s available at bit.ly/findyourfitinre. It’s just 5 lessons. You can take the entire course in one afternoon or one weekend.  Before we get to the course I’m going to try and finish up the questions we had put together for the BIG Q&A shows we just did.  Mindset Moment: 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Questions: Peter, Villages of Ocala, FL, What should I look for in a lucrative investment property? Cissie, Blue Ridge, GA, Does a higher credit score mean a better mortgage rate? Shondra, Mobile, AL, What does the new mortgage stress test mean? Home Sellers, Dozens, if not hundreds of people are asking these questions. How do I prepare my home before I sell it? When is the best time to sell my home? How long will it take to sell my home? How can I figure out how much a home is worth? Why is my home’s assessed value different than the market value? Are real estate prices negotiable? How much of the sale price do I get? Is paying 6% to sell a home required? Do discount agents provide the same service as more expensive agents? What is a home buyer rebate? Should I sell my home before buying a new one? What is the first step for buying a home? Why do I need a mortgage before I buy a house? Can I back out of buying a house? Can a seller help me pay closing costs? As a buyer do I have to pay a home inspector? Should I get a survey? Motivational Quote: “The common man is not concerned about the passage of time, the man of talent is driven by it.” Arthur Schopenhauer  

You have questions. Lots of them. Lots more than I could get into the previous show so today I’m continuing to answer your questions.  If you have questions about real estate or real estate investing, send them in an email to [email protected]. We will answer your question within 24 hours and we might end up using it on a show like this. We like helping people and we like getting questions and feedback from the audience. So to encourage this, today we are starting a question contest. You have until March 15 to submit your questions via email to us. On the Monday, March 15 show, we are going to announce our contest winners and their prizes, which will include training, books and technology products with a combined value of over $10,000. All you have to do is send a question to [email protected]. Tell us where you are from, and ask your question, and tell me in one paragraph why you are worthy and deserving of a full scholarship to my Ultimate Real Estate Investor Machine Training.  Most of the prizes will be from random drawings, but the grand prize - this $6000 scholarship will be awarded to one person based on a decision from our distinguished panel of judges here at Flipping America.  Every question becomes an entrant for one of the prizes, and every paragraph of worthiness will be considered for the Grand Prize.  Mindset Moment: Hey fellow entrepreneurs, I know that someone listening to me right now is thinking about giving up, going back to a W2 job, just to ease the stress and uncertainty of this life. This message is for you. I’m not going to tell you to not give up. I’m going to ask you to think objectively about your situation. Some of you probably should give up and get a job. Does it surprise you that I would say that? I’m just being real. This life simply isn’t for everyone. If I’m honest, and I always am, there have been some days I’ve wondered if it’s for me.  Here’s what I encourage you to think about: The Situation The Realistic Prospects Your Skills Your Motivation Your Mindset - are you really cut out to be a business owner? What is happening when you feel “on top of things”?  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements:   News:  Questions  The Top Asked Real Estate Investing Questions Marcus, Frankfort, KY, (and dozens of others) Why should I invest in real estate? Sara, Long Beach, CA, What kind of real estate investments are best? Manza, San Antonio, TX How do I find a profitable investment property? Anthony, Chicago, IL Where will I find the most profitable investment properties? Tracy, Chattanooga, TN How much initial capital do I need? Quentin, Moss Creek, SC How will I finance the property? Andrew, Puget Sound, WA, How long does it normally take to see profit from a flip? Pradesh, Atlanta, GA What contingency plans can I implement if my exit strategy fails on a flip?” Lakeisha, Mobile, AL, “Can I begin investing in real estate with no money?” Shawanda, Conyers, GA, “Is real estate investing easier if I already own property?” Jonathan, Portland, ME “Do I need a real estate agent when buying a property?” Tasha, Pittsburgh, PA “Should I invest in out-of-state properties?” Roselle, Denver, CO and about 200 others, “How can I learn about real estate investing? Alvin, Pasadena, CA “Do I need a real estate mentor?” Anthony, Jacksonville, FL “How will I determine the rent to charge for my property?” Kimberly, Roseberg, OR “How do I find the right tenant for my rental property?”  Jameson, Johns Creek, GA“Should I make any improvements to my investment property before renting it out?” Sheila, Orlando, FL “Should I hire professional property management?” Matthew, Forsyth, GA “Do I need a home inspection?” Jimmy, Stockbridge, GA “Do I need a real estate license as an investor?” Candice, Stone Mountain, GA “What does After Repair Value mean?” Freddie, Waukesha, WI, “What marketing campaigns are best for new investors?” Carmine, Columbus, OH “What are the best tax benefits associated with real estate investing?” Addison, Milwaukee, WI “How should my real estate company be structured?” Larry, Harrisburg, PA “How do I choose a name for my real estate company?” Arden, Greenville, SC “How suitable is my market (Greenville) for investing? Sal, Leet Township, PA, “How do I determine the value of an investment property?” Charlene, Port St. Lucie, FL “How much of a down payment and mortgage do I need to get started? How much additional capital will I need in the future? William, Boulder, CO, “What do I need to know about a potential city where I might invest and how do I get this information? Cameron, Provo, UT, “I’m a college student and my studies keep me pretty busy. Is there something I could be doing right now to build my future as a real estate investor? I can devote about 4-6 hours a week to this”   Real Estate Questions Asked by: Homebuyers Adrian, Modesto, CA, Should I buy or rent a home? Manny, Philadelphia, PA, How do I figure out what kind of home can I afford? Charlene, St. Petersburg, FL, When should I apply for a mortgage pre-approval? Arthur, Daytona Beach, FL, How do I look for a home? Cindy, Atlanta, GA Is it possible to buy a home and sell my current one simultaneously? I’m thinking about calling OfferPad. Marvin, Knoxville, TN, I am under contract to sell my house. I’ve changed my mind. Can I still back out of the deal? It’s a legal contract. You could be sued for failure to perform. You should offer the buyer money - cover all their costs and then some. They could force you to sell.  Harold, Jacksonville, FL Do I really need a real estate agent? Mitch, Ft. Worth, TX, Can I trust my real estate agent? Jennifer, Memphis, TN How much do I pay a real estate agent? Austin, Indianapolis, IN I’m thinking about buying my first home. Where do I start? Harvin, Pittsburgh, PA, Is there a “best“ time of year price-wise to buy a home? Ernesto, Columbus, GA Can I buy a home with no down payment? Stan, Dallas, TX, How does mortgage loan insurance work? LaWanda, Jackson, MS, How much will I need for closing costs? Maggie, Charlotte, NC, Should I lower the list price, or offer an incentive to realtors to sell my home faster? Patricia, Birmingham, AL What color of houses sell fastest? Peter, Villages of Ocala, FL, What should I look for in a lucrative investment property? Cissie, Blue Ridge, GA, Does a higher credit score mean a better mortgage rate? Shondra, Mobile, AL, What does the new mortgage stress test mean? Home Sellers, Dozens, if not hundreds of people are asking these questions. How do I prepare my home before I sell it? When is the best time to sell my home? How long will it take to sell my home? How can I figure out how much a home is worth? Why is my home’s assessed value different than the market value? Are real estate prices negotiable? How much of the sale price do I get? Is paying 6% to sell a home required? Do discount agents provide the same service as more expensive agents? What is a home buyer rebate? Should I sell my home before buying a new one? What is the first step for buying a home? Why do I need a mortgage before I buy a house? Can I back out of buying a house? How can a real estate agent help me buy or sell a home? Motivational Quote: “ Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.” – Steve Jobs, Co-founder, CEO, Chairman Apple Inc.

You have questions. I have answers. I know a thing or sixty about real estate and today I will tell you 17 of them. More in Show 456.  Mindset Moment: I was thinking the other day about our perception of life. Dianna and I have a friend who lives in our building (a nice midtown Atlanta high rise), has a great government job with high pay, good job security and great benefits. She might be the unhappiest person we know. There is never enough money. She always expects the worst and usually gets it. In her friendships, her love life, even at her job.  How do self-fulfilling prophecies work? It’s not some mystical energy you put out there in the universe. Confirmation bias causes us to identify life examples or circumstances that support our underlying theory. We all have a big need to be able to tell ourselves, “see? I told me so.”  This will lead us to focus on the data points that support our prior beliefs. This is true if you believe that bad things are happening around you and to you OR if you believe that life is good and good things are happening.  Your beliefs will color your interpretation of events.  Do negative things happen to people with a negative outlook? Yes! “See? I told you so.” Do positive things happen to people with a negative outlook? Yes! “Yeah, well just wait - it will end badly. Things always do.” Do negative things happen to people with a positive outlook? Yes! “Life has to hand us challenges so we continue to grow and improve. We will get through this.” Do positive things happen to people with a positive outlook? Yes! “See? I told you it would work out!” Pain is a part of life, but suffering is optional. Your outlook will determine your interpretation of events, and THAT will affect your outcomes.  I want to add that the ability to adopt this positive view of life seems to be connected to hope. And hope is connected to faith. I’ve noticed in my years on earth that hope and a generally positive outlook is positively correlated with people of faith. I’m not saying that one should choose to believe simply to achieve a better outlook on life. I’m saying that believers in a hopeful afterlife are generally more positive about this one.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Questions The Top Asked Real Estate Investing Questions Marcus, Frankfort, KY, (and dozens of others) Why should I invest in real estate? Sara, Long Beach, CA, What kind of real estate investments are best? Manza, San Antonio, TX How do I find a profitable investment property? Anthony, Chicago, IL Where will I find the most profitable investment properties? Tracy, Chattanooga, TN How much initial capital do I need? Quentin, Moss Creek, SC How will I finance the property? Andrew, Puget Sound, WA, How long does it normally take to see profit from a flip? Pradesh, Atlanta, GA What contingency plans can I implement if my exit strategy fails on a flip?” Lakeisha, Mobile, AL, “Can I begin investing in real estate with no money?” Shawanda, Conyers, GA, “Is real estate investing easier if I already own property?” Jonathan, Portland, ME “Do I need a real estate agent when buying a property?” Tasha, Pittsburgh, PA “Should I invest in out-of-state properties?” Roselle, Denver, CO and about 200 others, “How can I learn about real estate investing? Alvin, Pasadena, CA “Do I need a real estate mentor?” Anthony, Jacksonville, FL “How will I determine the rent to charge for my property?” Kimberly, Roseberg, OR “How do I find the right tenant for my rental property?”  Jameson, Johns Creek, GA“Should I make any improvements to my investment property before renting it out?” Sheila, Orlando, FL “Should I hire professional property management?” Matthew, Forsyth, GA “Do I need a home inspection?” Jimmy, Stockbridge, GA “Do I need a real estate license as an investor?” Candice, Stone Mountain, GA “What does After Repair Value mean?” Freddie, Waukesha, WI, “What marketing campaigns are best for new investors?” Carmine, Columbus, OH “What are the best tax benefits associated with real estate investing?” Addison, Milwaukee, WI “How should my real estate company be structured?” Larry, Harrisburg, PA “How do I choose a name for my real estate company?” Arden, Greenville, SC “How suitable is my market (Greenville) for investing? Sal, Leet Township, PA, “How do I determine the value of an investment property?” Charlene, Port St. Lucie, FL “How much of a down payment and mortgage do I need to get started? How much additional capital will I need in the future? William, Boulder, CO, “What do I need to know about a potential city where I might invest and how do I get this information? Cameron, Provo, UT, “I’m a college student and my studies keep me pretty busy. Is there something I could be doing right now to build my future as a real estate investor? I can devote about 4-6 hours a week to this” Real Estate Questions Asked by: Homebuyers Should I buy or rent a home? What kind of home can I afford? When should I apply for a mortgage pre-approval? How do I look for a home? What are the local amenities and resources in my area? Is it possible to buy a home and sell my current one simultaneously? Can I still back out of a deal? Do I really need a real estate agent? Can I trust my real estate agent? How much do I pay a real estate agent? I’m thinking about buying my first home. Where do I start?  Is there a “best“ time of year price-wise to buy a home? Can I buy a home with no down payment?  How does mortgage loan insurance work? How much will I need for closing costs? Should I lower the list price, or offer an incentive to sell my home faster? What color of houses sell fastest?  What should I look for in a lucrative investment property?  Does a higher credit score mean a better mortgage rate?  What does the new mortgage stress test mean? Home Sellers How do I prepare my home before I sell it? When is the best time to sell my home? How long will it take to sell my home? How can I figure out how much a home is worth? Why is my home’s assessed value different than the market value? Are real estate prices negotiable? How much of the sale price do I get? Is paying 6% to sell a home required? Do discount agents provide the same service as more expensive agents? What is a home buyer rebate? Should I sell my home before buying a new one? What is the first step for buying a home? Why do I need a mortgage before I buy a house? Can I back out of buying a house? How can a real estate agent help me buy or sell a home? Motivational Quote: “To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence.” –Jim Rohn  

For many, financial freedom seems like only a dream. We are trapped in our jobs - an endless cycle of working all day, stretching our paycheck to make ends meet, and hopefully saving a little for a rainy day. Nothing in that picture looks like freedom. Is it possible? Spoiler alert: Yes. and today we will share some of the steps to get there.  How well do you fit society's mold? Get an education. Get a job. Save for retirement. Retire. Then enjoy a little free time before you die. Really? How about something different? Get trained. Start your income streams. Lifelong learning and growing. Enjoy every day until you die. Freedom. Financial freedom. That sounds better doesn't it? Ramon Tookes joins me in a few minutes to talk about this vision and the steps everyone needs to take if they want to get there. You don't have to inherit it (good thing!), you don't have to be the greatest student or athlete. But with the right information and a big pile of determination, you can do this! We won’t be getting into the details of Ramon’s early life and background, but I can assure you of this: few people have overcome more obstacles to success than Ramon Tookes. I might throw in one or two cents worth as well. I was not born into money. Far from it. I grew up in a manufactured home. We couldn’t afford Spam so my momma would sometimes buy A&P Square Meat. It was off-brand Spam.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements: News:  https://www.attomdata.com/news/market-trends/figuresfriday/top-10-most-populated-u-s-counties-with-foreclosure-starts-on-the-rise/   Topic: Multi-Family Residences  Motivational Quote: Your economic security does not lie in your job; it lies in your own power to produce—to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth.” –Stephen Covey  

If your ultimate goal is financial freedom, then your ultimate target is passive income. If passive income is what you seek, multi-family residential investing is what you need. Today we are going to give you a jump start in that direction.  Rod Khleif is joining us to talk about buying multi-family and how you can get started. Rod is one of the larger multi-family investors in America and trains people how to get involved in this lucrative practice. He’s one of the best at what he does. Don’t miss this one! 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield Announcements:   News:  https://www.housingwire.com/articles/experts-optimistic-about-home-sales-in-2021/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-most-populated-u-s-counties-with-foreclosure-starts-on-the-rise/ https://www.cnbc.com/2021/02/11/zillow-hopes-to-turn-real-estate-porn-users-during-covid-into-actual-sales.html?&qsearchterm=real%20estate https://www.forbes.com/sites/ellenparis/2021/01/18/the-most-popular-cities-for-millennial-homebuyers-according-to-lendingtree/?ss=real-estate&sh=6fc2641e362e https://www.fool.com/investing/2019/09/17/when-will-zillow-turn-a-profit.aspx    Topic: Multi-Family Residences  Questions Motivational Quote: 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    

I have a lot going on. Today I’m going to share with you my system for getting everything done.  Years ago I created my own system and at the encouragement of others, decided to publish, which we have been doing since 2017. I don’t say much about this, but my program, called the GMS planner is available for sale on Amazon. It’s a life planning system that includes an undated calendar so you can start using it anytime. It’s designed to take you through what I’ve named the GMS process. GMS is simple - stands for Goals, Milestones and Steps.  I’ll get into it more in a few minutes. But first I want to share a couple of headlines with 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: 877-55-ROGER (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Flipping America Buyers Club Legal Shield News:  https://realestate.usnews.com/real-estate/articles/the-top-housing-markets-in-the-us https://realestate.usnews.com/real-estate/articles/what-you-need-to-know-about-using-virtual-house-tours-to-sell-your-home https://www.housingwire.com/articles/experts-optimistic-about-home-sales-in-2021/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-most-populated-u-s-counties-with-foreclosure-starts-on-the-rise/ https://www.cnbc.com/2021/02/11/zillow-hopes-to-turn-real-estate-porn-users-during-covid-into-actual-sales.html?&qsearchterm=real%20estate https://www.forbes.com/sites/ellenparis/2021/01/18/the-most-popular-cities-for-millennial-homebuyers-according-to-lendingtree/?ss=real-estate&sh=6fc2641e362e Questions   Motivational Quote: “He who every morning plans the transactions of that day and follows that plan carries a thread that will guide him through the labyrinth of the most busy life.” Victor Hugo  

They say there are two things in life that are unavoidable - death and taxes. But do you know the two things that will take most of your cash? Taxes and --- Inflation. In a moment I’m going to share with you the basic rules to the Game of Money. And then we are going to talk with someone who can help us with Rule number 2.  There are three basic rules to the Money Game: Create Keep Protect. Your winning strategy involves keeping your money moving with as little tax liability as legally possible. For that you are going to need an accountant who KNOWS what they are doing.  Will Tomasello is joining us. He is a partner in a large accounting firm in Atlanta, huge real estate investor with commercial and residential portfolios, licensed to practice before the IRS and is by one of the most knowledgeable tax strategists I’ve ever met. We are going to talk frankly about why you need an accountant, what you might be missing by not having one, and why you need one who knows real estate.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Announcements: We don’t encourage you to drop what you are doing and start flipping houses like you see on TV. But we do encourage everyone to consider real estate as a part of a balanced investment portfolio. To that end, we aim to bring you the best information, instruction, and inspiration - the latest tech as well as the latest techniques, methods, asset classes, processes, statistics, demographics, up-to-date real estate news and whatever else we think will help you make a good decision about your personal relationship with real estate.  News:  Lumber prices up! Plan for it. And Plan for more.  https://www.cnbc.com/2021/02/10/lumber-prices-skyrocket-pushing-up-housing-costs.html Bank of America is tripling their commitment to affordable housing. $15B for 60,000 home buyers. . https://www.cnbc.com/video/2021/02/03/bank-of-america-on-its-15b-commitment-to-triple-affordable-homeownership.html You’d think people would sell in a seller’s market. https://www.wcjb.com/2021/02/04/2021-housing-market-trends-real-estate-experts-say-to-buy-refinance-now/ Questions Motivational Quote: “The same boiling water that softens the potato hardens the egg. It’s what you’re made of. Not the circumstances.” – Unknown  

You can make a lot of money in real estate. You can also end up owing the IRS a lot of money if you don’t keep good records. I’m going to tell you how to keep those records today in an episode called, “Counting Your Chickens” Of course you can only really count them after they hatch. But how do you do it? I've encountered Certified Public Accountants who know Quickbooks well but do NOT know how to book flip houses. Today we are doing a quick overview from the Real Estate Investing Tech Guru himself, Nick Baldo. Nick is an active investor with an amazing grasp of the technology and how it can be used to benefit our businesses. He is going to make sure you know how to record what you're doing and not make a big mess.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Questions Warren, Duluth, GA, “How can I get a list of foreclosures in Georgia?” Peter, Tampa, FL, “What are the financial arrangements for buying at the foreclosure auction? How much money do I need to bring?” Connie, Decatur, GA “The ad says cash or certified funds. I guess that means official checks, but if I don’t know how much I’m going to bid, how do I know how much to make out the check for?” Demetrius, Macon, GA “What type of Deed will I receive? Will it be free and clear?” Presley, Milwaukee, WI, “From a list of more than a hundred properties being sold -- and I can’t believe it’s so many -- how do you begin to sort it all out to decide what to buy? Do you look at all of them?” Collette, Douglasville, GA “How do you get into the houses to see what kind of work they will need? I’ve driven by a few and it looks like people are still living in them.” Earl, Hoover, AL “What is the right of redemption? It sounds like a reason I would NOT want to buy at the courthouse steps but perhaps I am misunderstanding.” Cynandra, East Point, GA “If I buy a house and people are still living there, what do I do with them?” Cash for keys Eviction Sell back to them for better deal? Jennifer, John’s Creek, GA “I just heard that it takes 30-60 days to get the deed from the foreclosing attorney. What is my legal status in the property during this waiting period and what can I do with it?” Motivational Quote: “Smart people learn from everything and everyone, average people from their experiences, stupid people already have all the answers.” – Socrates    

If you have spoken to ten people who want to sell their property then you have probably looked at seven or eight deals that just don’t work. What do you do then? When I started out in this business I found myself saying, “I’m sorry, I can’t help you.” But there is a better way, and today I’m going to share it with you.  Scott Ulmer and Tan Michell are joining me in a few minutes to talk about how to make a deal when it doesn’t look like the property IS a deal. We are diving in right away but you can always learn more at FlippingAmerica.net. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Motivational Quote:   "Don’t take the road less traveled. Don’t take the road more traveled. Find people you want to be like and take the road they took." --Roger Blankenship      

Are you serious about getting into the real estate investing business? Today I’m going to talk about the best way to do that.  In a few minutes I’m going to play for you a brief presentation I did for those on a recent Flipping America REIA call describing my coaching program in detail. You’re going to hear that it covers every topic you need in order to launch and grow your real estate career. Or if you just want real estate as a side gig, I’m prepared to guide you there as well. We do a personalized investing plan with every person in the program, provide a ton of content online and do a weekly coaching call with me.  Why should you hire me to train you? Since 2002 I’ve been a part of over 2000 real estate transactions including more than 1000 fix and flip projects, hundreds of rental houses, and hundreds of other projects either as a funder, a third-party buyer, or a wholesaler. When it comes to single-family homes you’re not going to find anyone with more experience, knowledge or understanding of the process. There isn’t a deal structure I haven’t used. There isn’t a piece of the process that I haven’t built a system or even an entire course around. I’ve been doing it for years and I’ve been teaching it for years. I’m still doing deals today.  But don’t just listen to me, listen to others:  I just got off the phone with Roger for our 1:1 strategy call and it was amazing. The breadth of his knowledge and his willingness to share his experience and expertise as an investor was enlightening. Roger is the real deal, I learned more in our 30 min conference call than I did from other investment instruments that I have been using thus far. My sincere thanks for an awesome jump start to my career as a real estate investor. Raghu Valusani does 8-10 wholesale deals every month now. Here’s what he said:  I was looking for someone who has tremendous amount of Knowledge, Experience friendly and Helpful. So I joined FlipStarter Course in March 2019, came to know How really caring and genuinely interested in helping, I understood "He is the one", I joined Roger's Coaching program, which is Amazing!. I would not be where I am without him and I alway have deep gratitude for Roger. “Before meeting Roger we were very lost in the real estate world and always felt like we were trying to get a sip of water out of a fire hydrant. The minute we met Roger and joined his coaching program, we felt a huge relief. Roger is an open book and very honest, he will guide you but also tell you when you’re not doing things correctly. He has probably answered a million questions for us and that alone we could not be more grateful for. If you’re even thinking about paying for one of those seminars, or classes from the “big players” save your money and join Roger’s coaching program, I promise you it is worth every penny.” Jorge and Chabelly Rodriquez It was a joy to work with Roger, but more importantly Educational. This was our first home renovation project. We did not have a clue where to start, Roger put us in contact with the right company to fund our project and that set us off in the right direction. From there we ran into a lot of obstacles along the way. He gave great advice when we needed him too. More importantly he made him accessible throughout the entire time. I would definitely recommend anyone inexperienced in flipping properties to work with Roger. Lamar Johnson 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 Announcements: Looking for focus group volunteers for the FAN   News They 3D printed a house on site! 1400 sf 3/2, $299,000. https://www.architecturaldigest.com/story/a-3d-printed-home-is-on-the-market-in-new-york I always say “compare everything with everything” Here’s an interesting take on investing in real estate vs stocks. https://www.marketwatch.com/story/should-you-invest-in-stocks-or-real-estate-2021-01-22 Questions Henrietta, Norcross, GA “I’m trying to buy a house that is in foreclosure here in Gwinnett Co. Georgia. The seller is ready to walk away from the house and told me the loan balance is $85k. She accepted my offer of $87k. Now I hear from the lender, a private individual that the actual balance is 97k. The house is worth 220k so I offered the lender 100k in cash. He said ok, but he already paid the attorney to handle the foreclosure and I would need to speak with him. What do you recommend? The property is scheduled for the auction in 1 week.  Dena, Lancaster, PA “I am wondering how you rehab those properties you are buying around the country. How do you do a remote rehab?” Madison, Las Vegas, NV “Someone told me that they heard you make exceptions to the MAO rule. What are the exceptions?” Motivational Quote:   “Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing.” – Life Quote By Helen Keller        

Today I’m hosting an all-star panel of actual real estate investors from around the country, I’m going to ask them how the pandemic has affected their businesses, what changes they are making, and what they expect from 2021.  The market right now is as hot as it has ever been. It’s so hot that deals are difficult to find. Here are a few of the questions I’ll be asking our experts: Where do you see the real estate market by the end of the year? How do we prepare ourselves for the changing realities in the market? What opportunities, investing strategies or tactics will be useful this year? Talk about locations - does this market open up or push us to new territory? If so, where? How do we mitigate risk in 2021? How do we handle prolonged bans on evictions? What do you think the impact of the “Zoom Boom” (i.e. work from home) will be in the markets. Where (either tactically or geographically) will you focus most of your efforts in the coming year? The panel is Michael Green, active house flipper and host of the Flip Factor podcast, Chris Larsen, apartment buyer and host of the Next Level Income Podcast, Helen Ishii, owner of a virtual wholesaling company marketing properties across the southeastern US, and Chip Cagle, top producer for Bay Mountain Capital.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  Topic: Panel Discussion - Opportunities for 2021 Motivational Quote: “If you throw some nuts and cookies on a road, you will eventually see children come, pick them up, and start to argue and fight for them. Adults would not fight for such things. And even children would not pick up the empty nut shells. For a wise man, the wealth, the clory, and the rewards of this world are like sweets or empty shells on a road. Let the children pick them up and fight for them. Let the kids kiss the hands of the rich men, the rulers, and their servants. For the wise one, all these are but empty shells.” -Epictetus      

I've coined the phrase "Zoom Boom" to characterize some of the things I see in the near and mid-term future for real estate. No it’s not a baby boom. It’s a real estate boom and a bit of a bust in some sectors. It all has to do with the trend toward working from home. In a moment I’ll explain what I mean.  I'll provide the key market indicators we constantly monitor. Are the “sky is falling” click bait specialists on YouTube declaring a looming real estate disaster right? (Spoiler alert: NO).  What are the market indicators every investor should be watching? How do we know a good opportunity when we see one? Later in the show Logan Mohtashami is joining us to discuss his take on the “Bubble Boys” of YouTube. Just wait - that’s not the worst thing he calls them!  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  News:  https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/ https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx Topic: Housing Markets 2021 A fine compendium of opinions from leading real estate professionals.  https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc Norada thinks we real estate will stay hot.  https://www.noradarealestate.com/blog/housing-market-predictions/ Here’s some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/ Pay attention to these trends. Well done Motley fool.  https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/ More optimism for the housing markets in 2021 but perhaps a little overstated.  https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039 Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too.  https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021 A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/ Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/ https://www.zillow.com/research/zillow-2021-housing-predictions-28516/ Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government.  https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB Housing Wire’s take on the 2021 real estate market.  https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/ From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/ My conclusions: Sales increases will be modest due to the continuing lack of inventory. I do not believe we will sell 6 million homes in 2021 (sorry Logan). I believe it will be more like 5 million - in other words, relatively flat.  Prices will continue to press upward faster than inflation across all markets. The coastal markets will regain their 2019 losses and will see a 3-4% rise. Other large metro areas like Atlanta, Dallas and Denver will see price increases in the metro suburban areas in the 7-10% range. This will offset a flattening of in-city prices. More on that in a moment. The national year over year increase I am forecasting for 2021 is 7%. This is due primarily to the same factors that have pushed it along for the past 2 years. Historically low interest rates, low inventory, insufficient new home starts.  Under a new federal administration, we will continue deferments on mortgages and restrictions on evictions. This will create previously unimaginable burdens on landlords. 2021 is NOT a good time to be a landlord with a mortgage.  Any price roll-backs in lumber - if and when canadian tariffs are eliminated will be offset by the promised increase in regulatory oversight and builders are facing the prospect of being forced to build low-income housing in current upscale areas.  With confirmation of the Democrats in control of all the branches of the federal government I can only assume they meant what they said when running. That means personal and corporate tax increases within the first few months. I believe this will create a slow-down in the economy as a whole and will contribute to the slowing of the real estate market in the second half of the year as foreshadowed by Todd Teta at Attom Data.  The real estate market will be UP in 2020, but i see it flattening by second quarter of 2021. One of the biggest short-term impacts of the pandemic of 2020 is something I’m going to call the Zoom Boom. As workers have needed to work from home, many have discovered they don’t need to ever be in the office and plan on never returning. This has led to a growing flight to the suburbs, which will result in some upward price pressure there and downward prices in the cities. If you want to speculate on city office space or city condos, 2021 will be a good time to do it. Some of the Zoom Boom effects will be felt in faraway places as well - ski towns, beach towns - places that were formerly primarily vacation spots will find a new group of permanent residents in 2021. I believe this is a relatively short-lived change and within 2 years, 75% of those people will be back in the cities going to the office as before. In years past productivity studies of work from home people have consistently shown a drop off in performance and productivity. HOWEVER and this is a big change - today’s technology and the improvements in the ability to stream live meetings has opened up the possibility that these changes could be permanent. Even so, I think that people are wired to want to be around people - and yes that even includes co-workers. So I think the Zoom Boom is a two year thing.  What does all of this mean?  2021 will be like every other year I’ve been in this business in 1 regard: If you buy a property cheaply enough, you can make money with it. Never pay retail. You never have to. Someone somewhere is in enough distress to sell at a deep discount. This is your number one risk mitigation strategy.  21 will be a great year to flip and therefore a decent year for wholesaling. Location will almost not matter (but do make sure you are still 45 days or less average on-market time). 21 will be a challenging year to be a landlord. The only reasonable residential rental investments will be commercial multi-family. Only 75% of tenants are now paying their rent on time, but in an apartment building that’s enough to stay afloat. I do not plan to buy or invest in single family rentals in 21. I DO plan to buy BOR houses - as many as I can.  The first 6-8 months of 21 are the time to make hay while the sun is still shining. 22 is going to look a little different.  2021 is a good year to buy distressed or REO office space. But you need to have enough cash reserves to hold for 2-3 years before it becomes profitable.  When the corporate tax rates are officially raised, you will see another exodus of corporations and capital, including manufacturing jobs from the US. I am not planning to invest in this sector for the next two years at least.  End of 2021 and into 2022, you will see an increase in foreclosures and perhaps a spike in evictions. This will create opportunities then for people who have cash on hand. Pursue all great deals now - don’t be caught empty-handed a year from now.  Motivational Quote: “A Lawyer can help you go broke legally. An Accountant can help you go broke accurately. An architect can help you go broke beautifully. Only you can prevent you from going broke.”  -John Smithgall.    

The click-bait con artists on YouTube are making money telling you the housing market is going to collapse in 2021. Today I’m going to tell you why they are wrong.  If you were following real estate at the beginning of 2020, you would have been able to find any number of morons on YouTube talking about why the real estate market was going to crash in 2020. They didn’t have statistics to back up their claims. The closest some of them got to logic was to refer to the cyclical nature of the economy. They would say “it’s time.” Some even said, “I don’t know what’s going to happen, but something will. It does every ten years.”  “Hogwash” said I. All of the data pointed to a robust year. I confidently predicted a 7% rise in the value of homes by the end of 2020. I also predicted that we would see a drop in the number of homes sold, but demand in excess of supply coupled with low interest rates would push the price up.  Then the pandemic hit. And I was told by many, “see? I told you so. I told you something would happen.” I agreed then that something had indeed happened, but it was going to take a moment to figure out the impact of it. After 30 days of reflection I revised my previous prediction down from 7% year over year gains to just under 3%. As I’ve said on this show many times, all of the major real estate outlets revised their 2020 predictions to a 3% decline in prices.  In the end, my original prediction of 7% gain turned out to be spot-on accurate and the real estate market as a whole was one of the bright spots in the US economy in 2020. So what will 2021 be like? Can I continue my streak of accurate predictions? Will I ever get the number of clicks the Chicken Little Sky is Falling Real Estate is Crashing con artists get? The answers are YES and NO.  Alarmist headlines get noticed. You know the old saying in the newspaper industry - if it bleeds it leads. You’ll never see headlines about the cat that got itself down out of the tree, or the fire that was averted because people used normal safety precautions. You also won’t see a lot of hype about a generally positive forecast in the real estate market. But do not despair! I don’t care about clicks. Not really. Real estate moves slowly and is relatively boring. That’s a major reason I love it! If you will take a bit of time to study it, and understand the various leading indicators, you too could be as accurate as me. But if you need or want clicks and a monetized youtube platform, you’re probably going to have to scare people a little.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  News:  https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/ https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx Topic: Housing Markets 2021 A fine compendium of opinions from leading real estate professionals.  https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc Norada thinks we real estate will stay hot.  https://www.noradarealestate.com/blog/housing-market-predictions/ Here’s some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/ Pay attention to these trends. Well done Motley fool.  https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/ More optimism for the housing markets in 2021 but perhaps a little overstated.  https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039 Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too.  https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021 A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/ Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/ https://www.zillow.com/research/zillow-2021-housing-predictions-28516/ Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government.  https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB Housing Wire’s take on the 2021 real estate market.  https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/ From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/ Motivational Quote: “Kindness is for your soul as health is for your body: you do not notice it when you have it.” Leo Tolstoy

The number one question we get is “how do I get started in real estate investing?” Here is the answer I give everyone: Get information Get a coach Get going Today I’m going to talk to you about how to select and hire a coach. Plus, coming up in a few minutes in our annual “Best-of” series, I’m going to share with you the best places this year to invest in multi-family. I’ve done the research, I’ll link some articles, and then you will know.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  News: Best Places to Own Multi-family CBRE weighs in on the multi-family markets nationwide. Consider secondary markets. https://www.cbre.us/research-and-reports/2020-US-Real-Estate-Market-Outlook-Multifamily#:~:text=CBRE%20Research's%20top%20four%20markets,households%2C%20employment%20and%20multifamily%20demand. Trier Capital has thoughts on multi-family (and is looking for accredited investors!) https://www.cbre.us/research-and-reports/2020-US-Real-Estate-Market-Outlook-Multifamily#:~:text=CBRE%20Research's%20top%20four%20markets,households%2C%20employment%20and%20multifamily%20demand. Globe St. says multi-family investors should look to these cities and avoid THIS one. https://www.globest.com/2020/09/03/here-are-the-markets-where-multifamily-investors-are-buying/?slreturn=20201122144848 Mashvisor has a different take. And a quick read on five reasons why you should be in multi-family. https://www.mashvisor.com/blog/multi-family-homes-best-cash-flow-investments/ Topic: Hire a Coach Topic: The Top Ten Ways to Know Your Real Estate Seminar is Actually a Con: The “nationally known” guru is not in attendance.  Whose experience is being taught?  Who has the experience to be able to credibly answer audience questions? What is the actual experience of the presenter and can it be verified? Where is their headquarters? Who is the person or persons behind this company? Someone did the work to gain the experience to teach. This can be taught from a curriculum and a powerpoint, but the most polished professional who is also inexperienced cannot truly serve a real estate audience.  The name of the company behind the event is vague, not mentioned, or purposely mis-leading.  Does he or she provide addresses of actual properties flipped? The Presenter’s real estate credentials cannot be easily verified.  The Presenter does this presentation more than once a month. If they travel and do this presentation more than once a month there is NO possible way they are actively fixing and flipping houses.  Early in the presentation (usually within the first two hours), they will have you fill out a worksheet with all of your assets as possible funding sources. Available credit card spending, 401k balance, cash value of insurance policies, etc. Later they will use this information to prove to you that you actually can afford their 20-50k in training.  They take time to teach you how to call your credit card providers and ask for an increase in your limit. The really sneaky ones will put you in a group, challenge everyone to do it, bring you back and see if you collectively came up with an amount that would buy a house.  Results - lifestyle. Financial freedom Education of children - college Legacy  They make lots of promises to you. And they will seem great! They have an emotional story of their own financial distress and real estate saved the day. They will not let you take photos of the screens or record the event.  They want to sell you another more expensive course. Free - Low Cost - High Cost - Upgrade. Ways to check ahead of time: Check the name of the company. Look at their website. See what they emphasize.  Google the name of the company followed by the word “reviews.” This may not be helpful, but it can be. One company I researched had over 1000 hits on a website called “Ripoff Report.” Anyone can say anything there and not all of it should be believed. But 1000 reports? Ask in online forums - Bigger Pockets, Connected Investors, Facebook Groups, Google Plus Groups etc. What have you heard about …? At the event, get the presenter’s full name. Find out where he/she is from. Note as many property addresses as you can during the event. Check those addresses online for ownership and transfers of ownership. Look for an entity that owned the property for 4-6 months in the past two years. Later on, if you get a chance to speak with the presenter, casually drop the name of the entity you found and see if you get a glimmer of recognition. If you’re convinced they are lying, just for fun, make up an entity name (or use your own if you have one) and ask them if that was the entity that bought 123 Main St (or whatever). See if they say yes.  Qualities of a good coach Experience Character Longevity Communication / teaching skill Understanding of different learning styles Characteristics of a good coaching program Personal contact Flexibility Personalization Mix of content and activity Price is reasonable Program is valuable What you will learn is shared in advance. There is no mystery about what happens next.  Motivational Quote: “Earn a lot so you can have a lot so you can give a lot.” -Tom Olson

We all have our daily routines - much of it determined by necessity, but hopefully some of yours is the result of deliberate reflection and intent. Today I want to add one more routine to your day that takes very little effort and once it becomes an unconscious competence, your entrepreneurial life will never be the same. Plus, we are doing our year-end review of the best places to own income-producing properties. All that coming up on this episode of Flipping America.  Unless you are driving right now I want you to close your eyes. If you are driving, keep your eyes on the road and pretend you are closing them! When you open your eyes you are - in your imagination - rebooting your vision with a new filtration screen that I call the Opportunity Spotter. Imagine this is like a little radar sweep going on around you at all times. When it senses an opportunity, let your brain ping it. Today I’m going to talk about spotting and responding to opportunities. Now open your eyes and imagine there is a radar sweep in front of you, constantly scanning the horizon. If you can picture the input you see from the “inside the eyeview" of the Terminator, imagine that while you are looking at the regular world, you are analyzing it in a different way.  What does an opportunity look like? How do I begin to evaluate it? When and how to do I take action?  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  News: Best Places to Own Rentals From my friend Kathy Fettke. https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/ The “Gross Rent Multiplier” is just another way of calculating the 1% rule. https://www.moneycrashers.com/best-cities-buy-rental-property-investment/ Motley Fool has a different take on the top rental cities. https://www.fool.com/millionacres/real-estate-investing/rental-properties/10-best-places-buy-rental-property-2020/ And Manage Casa has a different opinion. https://managecasa.com/articles/best-cities-to-buy-property/ Although difficult to quantify mathematically, I really like Mashvisor’s criteria for where to buy. https://www.mashvisor.com/blog/best-places-to-buy-rental-property-covid-19/  The most in-depth look at single-family residential rental data. https://www.attomdata.com/news/market-trends/single-family-rental/attom-data-solutions-q1-2020-single-family-rental-market-report/   Topic: What is an opportunity? “A set of circumstances that make it possible to do something.” Keep your eyes open!  Constantly evaluate. Combine, synthesize, (Milk, flour, sugar, butter, a bit of baking powder, blueberries.) Could that be ….? ...what would it take? What if we…? Could we combine this and that and …? ...has anyone else thought this? Ask the right questions How to Spot an Opportunity: In all directions, but mostly forward. Connect past experience with current situation The people you know Different asset class Different strategy Variation on a theme Familiar process in a new location Where do I look? Alignment Vision Values Circumstances Investment (compare everything) Equity (can leverage or OPM be used?) Effort (Worth it?) (is this how I want to use my time?) Repeatable? (is anyone out there doing this or something similar?) Downside (How could this kick me in the butt?) Cases (Best, Worst, and Most Likely) Analysis How to Filter the Opportunities Verbal “market testing” the idea. Dip a Toe in Set Goals Define KPIs Create Effort Milestones Daily Steps Action Plan This sounds like a lot but it can become second nature. The first few times you attempt to look at an opportunity this way, it might take you an hour just to decide to take the next step. I promise you two things: 1) It won’t take as long in the future. And 2) You’ll be glad you started this process.  As you become more successful in what you are doing and have money (you should try to keep that a secret, but word will get out), people will approach you with opportunities (99.8% NO). You might have a harder time saying no to the opportunities you see on your own, but you can do it as long as you know you need to.  Once you see the world through your “opportunity radar” lens, you’re going to start seeing them everywhere. I keep all my old idea journals and notes and as I look back over the years I’m amazed at the stupidity of most of my ideas and the naivety of some of the others. You’ll get to that point also, but don’t let that deter you. One GREAT idea that could be the antecedent to your fortune is built upon the rubble of 1000 bad ideas or good ideas poorly implemented. But to get to the GREAT one you must keep on going. Keep pressing. Don’t give up. Don’t stop. Keep ideating, evaluating, synthesizing, testing, and above all -- keep your eyes open! Motivational Quote: “There’ll be two dates on your tombstone and all your friends will read ’em but all that’s gonna matter is that little dash between ’em.” ~ Kevin Welch    

Everyone should be in real estate, even if they don’t own their own home. Today I’m going to tell you why and how.  Louis Glickman said “the greatest investment on earth is earth.” My daddy always said “invest in real estate - they’re not making any more of it.” I guess my version of this statement will be, “until we establish permanent colonies on other worlds, this earth is all we have. So get a piece of it while you can.” I am the Flipping America guy and I teach America how to make money in real estate. But it’s not all about flipping houses. In fact, that turns out to be just a fraction of the opportunities available in real estate. Today I want to introduce you to a World of Possibilities.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  News: Best Places to Flip Houses This article has a nice summary of metrics to consider in a city when flipping a house. https://www.mashvisor.com/blog/best-cities-to-flip-houses-2020/ Our friends at Millionacres think these are the best places to flip: https://www.fool.com/millionacres/real-estate-investing/house-flipping/best-cities-flip-houses/ The most concise list of the best places to flip houses. https://wallethub.com/edu/best-cities-to-flip-houses/23158  Topic Why Real Estate? 10 Reasons Cash Flow Appreciation Portfolio Diversification Inflation hedge Competitive Risk-Adjusted returns Equity growth from OTHERS Intrinsic value Non-volatile Tax benefits Leverage Discounted purchase Value add possibilities Stability Passive Income Leverage Tax advantages Why Real Estate can be better than the Stock Market? Illiquidity Learning curve Amount of work involved Cost of entry Real Estate’s disadvantages compared to the Stock Market Who you are, personality, tendencies, skills, interests Your Vision Your Circumstances Risk tolerance How To Engage Flip Hold Passive What are the possibilities? Single Family residential Small multi-family Land Commercial Multi-family Retail Warehouse (including self-storage) Office Industrial Multi-use Asset Classes Primary operator Partnership Passive investor Methods Wholesale Fix and Flip Creative In - flip Creative in - Hold Any method in, creative hold Strategies Self-funding Income Inheritance Retirement funds Overfunded life insurance Debt partners Bank Private Asset-based lenders Equity Partners Syndications Funding possibilities Motivational Quote: “All life is an experiment. The more experiments you make the better. ~Ralph Waldo Emerson

Coming up today, we are going to talk to one of the most prolific investors in Alaska, Joe Bell. And a little later I’m going to share with you the top 50 places to live in America for 2020. That’s coming up today on Flipping America. Joe Bell is an Expert at helping Real Estate Professionals build legacy, retirement, and wealth. He’s the founder of Legacy Beyond Listings, and author of the book “Assets, Acquisitions, & Abundance: A Guide To Building True Wealth & Legacy Through Real Estate”. Joe is passionate about serving real estate professionals, helping them achieve market domination and build true wealth in their lives through real estate investing the smart way. In addition, Joe also has his own real estate firm, is an experienced Broker and Investor himself, as well as owning other companies. He’s been named in the “Top 40 Under 40” in Alaska, and has been featured in places such as ABC, NBC, Digital Journal, Investor Place, and more. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Home Prices up 7.3% year over year. Fastest since April 2014.  https://www.corelogic.com/insights/home-price-index.aspx?WT.mc_id=crlg_201201_9K1ud Serious loan delinquencies leveled off in September. One month does not make a trend, but it’s a hopeful sign. https://www.corelogic.com/insights/loan-performance-insights-report.aspx?WT.mc_id=crlg_201207_rkaxT&elqTrackId=b592b01b2941419cb083df8f84469e26&elq=310cb4e96c204fbb93d3278a7b93d9c4&elqaid=23893&elqat=1&elqCampaignId=14187 The top 50 places to live in America right now, according to Business Insider. https://www.businessinsider.com/us-news-best-places-to-live-in-america-2016-3 Questions: Maria, Houston, TX, Could you recommend someone that does interior painting jobs?  Thank you We are a national company with local chapters across the country. Your message doesn’t indicate where you are from, but it’s unlikely we would know someone in your specific area. If instead I may answer the question generally, here’s how I find a painting contractor. Go to a local Sherwin Williams store (the paint most professionals use). Ask for some referrals.  Do the same at the pro desk at Home Depot or Lowes. Use the normal procedures for hiring subs. Check references, websites, BBB, etc.  Use some of the “character” questions in our contractor docs.  My experience with painters is you can get good quality work done for a fair price if you are willing to do your research on the front end.  Motivational Quote: “Life has no limitations, except the ones you make.” -Les Brown “LIve is a great big canvas, and you should throw all the paint on it you can.” Danny Kay “Don’t be afraid your life will end; be afraid that it will never begin.” Grace Hansen    

Even before the economic downfall caused by the coronavirus pandemic put wage earners in jeopardy, 78 percent of full-time workers were living paycheck to paycheck. A considerable majority is teetering on the brink of financial ruin. Even those who remain in their current job track will never be able to achieve financial peace of mind.  We’re taught to believe the path to wealth is to get a good education, secure a well-paying job, work hard to impress management, climb the company leader and continue working hard until death or retirement. But that no longer provides anyone a path to financial freedom. To find prosperity, it’s time to scrap most of the traditional ideas about money management. Those who hope to ever attain financial success will need to generate more revenue.  Margaret Curlew, PhD, is specialist in income generation and wealth-building. Her new book is Mom to Millionaire: Finding the Path to Financial Peace.  Margaret will draw from her own tumultuous journey to attaining financial success, and discuss: What ineffective and old-school beliefs about wealth creation continue to permeate societal thinking Why it requires a radical mindset to realize financial success What are the underlying characteristics that define successful, wealthy people that the rest of us should emulate  What necessary steps will empower us to dramatically improve our financial situation How to use debt and leverage to achieve financial freedom  Margaret Curlew, PhD, is a professional, a “mompreneur” and a real estate investor. She is a specialist in income generation and wealth-building, and has mentored and contributed to the success of many individuals. Her new book is Mom to Millionaire: Finding the Path to Financial Peace (Feb. 16, 2019). Learn more at margaretcurlew.com 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Motivational Quote: “Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into acceptance, chaos to order, confusion to clarity. It can turn a meal into a feast, a house into a home, a stranger into a friend. Gratitude makes sense of our past, brings peace for today and creates a vision for tomorrow." — Melody Beattie    

There is probably nothing I can say about thankfulness or thanksgiving that hasn’t already been said and probably more eloquently put. But like love, your thankfulness is something you can continually give away and never run out of. It’s never too often and usually never too late to think about thanking someone. For you parents out there, if you can imagine how it warms your heart when your children genuinely thank you for all that you do for them, you have a glimpse of how God must feel we we take time to express our gratitude. And although this show is no more religious than it is political, both topics are an important part of our lives and are destined to come up from time to time. So I just want to ask you right now to think about how often you pray. How many times per week? What percentage of those times when you pray do you ask God for something? 100% or close to it? The alternative is just sitting in His presence in gratitude, worship, or just with a listening heart? Part of my challenge for you today is to focus for a few days on thankfulness. If you pray, try praying without asking for anything (“bless this food” is still asking for something). If you don’t pray, it could be something you want to try. But even then, there is someone in your life you could be thanking for something. Think about them. Then Thank them. Even if you have before. We are going to talk more about thankfulness and actually join with some of the members of the Flipping America REIA in giving thanks in just a few minutes, but first I want to get to a backlog of your questions.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions Carson, Plano, TX “What are a few pros and cons of out-of-state investing?” Hank, Portland, OR, “Glad I found your show. I’ve enjoyed listening. I’m sure you’ve heard this a million times, but I would like to know your  opinion on the best way to get started in this business. Becca, Milwaukee, WI “I’m looking at a deal that just by the numbers looks like a good deal. But when I look at the house it just doesn’t feel right. My boyfriend tells me I should trust the numbers but my realtor kind of agrees with me - it's just an ugly house situated on a weird lot. Am I missing an opportunity if I say no to this? Sandy, Chattanooga TN, “I have an opportunity to buy a rental house in a gentrifying neighborhood just south of downtown. Although it’s improving, the schools there are still terrible and crime is high. The house would yield 2% per month in rents. But I’m hesitant. Can you help me think about this?” Roy, Baltimore, MD, “My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn’t pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?” Gary, Harrisburg, PA, “I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I’ve been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg? Jackie, Villages of Ocala, “My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There’s no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It’s hard to give up something that works for something that might work a little better. We’d like you to weigh in.” Lupe, Boulder, CO, “I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it’s not that hard to list a property.” Bernita, Macon, GA, “Is there any way to tell whether or not you need a new roof without getting up on it? I don’t want to climb on a roof.” Motivational Quote: “Let gratitude be the pillow upon which you kneel to say your nightly prayer. And let faith be the bridge you build to overcome evil and welcome good.” — Maya Angelou “I awoke this morning with devout thanksgiving for my friends, the old and the new.” — Ralph Waldo Emerson “Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” — Voltaire “When you arise in the morning, give thanks for the food and for the joy of living. If you see no reason for giving thanks, the fault lies only in yourself.” — Tecumseh “He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has.” — Epictetus “Wear gratitude like a cloak, and it will feed every corner of your life.” — Rumi “We are all more blind to what we have than to what we have not.” — Audre Lorde “‘Thank you’ is the best prayer that anyone could say. I say that one a lot. Thank you expresses extreme gratitude, humility, understanding.” — Alice Walker "Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into acceptance, chaos to order, confusion to clarity. It can turn a meal into a feast, a house into a home, a stranger into a friend. Gratitude makes sense of our past, brings peace for today and creates a vision for tomorrow." — Melody Beattie  

Direct mail, driving for dollars, dialing for dollars, more direct mail, ground and pound to produce leads and negotiate all day long to get a deal. This is what it feels like to many who are getting into the real estate game. What if there were a different approach? What if you could pay near retail for nice properties that need no work and still make money? That’s what you’re about to hear, in this episode of Flipping America - A New Way to Home. Would you like a real estate strategy you can do in your spare time to start?  Would you like something different than the normal "wholesaler" or "rehabber" strategy?  Swim in the "blue ocean" of limited competition with unlimited income potential using an established but little known investing strategy. You won't need cash or credit to do deals. Learn all about it on this call with Michael Mathe and Tanfen Michell. There are many people using this business model and making six figure incomes in their part time. You know I don’t say much about money and I don’t like the hype, but this is for real. Learn this method and you will do well. Our guests have created a brand around this strategy and have exclusive territories - for now. Once they are gone they are gone. There is no “one-size fits all” approach to real estate investing. This method may very well be the answer for those of you who don’t seem to fit the fix and flip or wholesale methods. Perhaps you’ve tried them and gotten discouraged. It’s ok - those worlds can be tough to break into right now.  It could also be that you’re doing ok with flips but are looking for ways to create cash-flow. Little Pink Houses can help you jump-start this process and quickly increase both your income and your cash flow.  All you need is a little know-how and some marketing clout. And on this call you’ll hear about everything you need to get started. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions Marie, Newnan, GA “What is the difference between a Deed and a Title?” Chelsea, Milwaukee, WI “If you were going to start all over in a new town, where would you begin? I just moved here from Minneapolis and heard about your show.” Andrew, Pittsburgh, PA “I’ve heard about wholesalers making 100,000 or more every month just doing three deals. How do they do that?” Scott, Columbus, OH “I heard you say that Columbus is a top town for owning rental properties. How is this decided? Or I guess I want to know what makes one area better than another?” Kennedy, Seattle, WA “It’s already terribly expensive to live here, my job was first moved off-location and is now being o ut-sourced. In other words I’m out of work. I’m going to move and launch a real estate investing business.  I have two questions. 1. Where are some places I should consider moving to? I’m unattached with no family ties here. 2. I still have money and good credit, but no employment. How can I get a house wherever I’m going? Carson, Plano, TX “What are a few pros and cons of out-of-state investing?” Motivational Quote: “Let gratitude be the pillow upon which you kneel to say your nightly prayer. And let faith be the bridge you build to overcome evil and welcome good.” — Maya Angelou “Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” — Voltaire  

We are continuing today with the fascinating conversation about buying land. This conversation caused more interaction and on-going conversation with our REIA members than any call in the last sixty days. And we’ve had some terrific calls in that time! Jill Dewit and Steven Jack Butala share with us their reality in the land-buying business, the incredible opportunity that it is, and how you can get there.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Pretty Basic, but still true - and a good place to start. https://www.entrepreneur.com/article/298748 Do what you have to do to get by. Just don’t tell me how to live my life or what to think. Fair enough? https://www.realwealthnetwork.com/learn/record-high-young-adults-living-mom-dad/ Questions Alison, Kalamazoo, MI, “Do you believe the real estate market will be strong into 2021 and why?” Karen, Louisville, KY, “My contractor won’t finish the wall repairs and painting in my rehab because the floors aren’t done. I’m saying the floors come after the wall repair. He says he’s a general contractor and this is how it’s done. What do you say?” Marcus, Brookhaven, GA “My tenants don’t have to pay their rent. Things are getting tight for me. I’m worried, but I wonder if my lender will do a deferment for me like they are doing for all the homeowners. Do you know?” Sweetie, Jacksonville, FL “Would you put a tile roof on a rental? Seems like a waste of money to me.” Calvin, Houston, TX “I’ve heard you talking about hard money loans. Do you know anyone here in Houston where I can get a loan like that?” Samuel, Colorado Springs, CO “I’m looking to buy into secondary markets in the midwest for buy and hold. What are a few you would recommend and why?” Motivational Quote: “Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” ― Jim Rohn “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” ― Anonymous    

The Greatest Investment on Earth,  ...is earth! So said Louis Glickman. My daddy always said, “invest in land - they’re not making any more of it.” This makes great sense, but only if you know how to do it. Today we are going to learn how. Steven Butala and Jill DeWit are going to set us on a path to buying land, and selling for huge consistent profits. They are premier land investors who also teach others how to do it. You can hear their podcast “The Land Academy” podcast on the major platforms or by visiting their website landinvestors.com. When you own land, there is no rehab cost, no whiny tenants, no insurance bills, no termite damage, no unexpected expenses, just money. You have to buy it right and there will be some effort put into the buying and selling, but the land itself usually doesn’t require your attention, effort, time or dollars.  What if you could snap up vacant lots in your city, or blocks of land just outside of town - in the direction where your town is heading? Learn how to do this and how you can dive deeper. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 major prognosticators got it wrong. Not only was I right, I was EXTRA right. This is a revised pandemic forecast from June. https://realestateinvestingtoday.com/realtor-coms-2020-housing-market-predictions-coronavirus-update/  In my pandemic revision I predicted 3% price gain YoY. It’s 5.7%. This is what I mean when I say I was “extra” right. https://realestateinvestingtoday.com/corelogic-home-prices-up-6-7-year-over-year-in-june/ Pay attention to this trend. Young adults are heading to the burbs. https://realestateinvestingtoday.com/young-families-driving-exodus-from-new-york-city-to-suburbs/  Interesting read, especially for Buyers Club Members. https://realestateinvestingtoday.com/the-pros-and-cons-of-out-of-state-investing/ This is a creative idea. https://www.nreionline.com/distressed/apartment-investors-mull-opportunities-distressed-malls Questions Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?” Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!” Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?” Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying? Margaret, Villages of Ocala, FL “I only want to buy 2 or 3 of these Buyers Club houses each year. May I still join the club?” Tasha, New Port Richey, FL “Could I use Buyers Club houses as AirBnB?” Bill, Roswell, GA, “I signed up for PRYCD.com and love what I’ve seen so far. Thanks for sharing!” Jean, Santa Barbara, CA, “The Buyers Club houses seem old and tired. They don’t really excite me. Is it just me?” Frances, San Francisco, “Have you ever thought about doing a TV show?” Sidney, Mt. Pleasant, SC “Can you help me figure out what I should be doing to start out?” Motivational Quote: “Everything takes longer than it takes -- and costs more than it costs.” -Roger Blankenship  

If you want to be in the real estate business you have to buy property. In order to buy property you need to find good deals. The most consistent source of the best deals come from motivated sellers who have not yet listed their property for sale. Your key to good lead generation is to identify the characteristics or life situations of motivated sellers, build your lead list, and start making offers. Today I’m going to introduce you to a fantastic resource that can automate that process for you. This business is about deal flow and deal flow comes from contacting sellers and making offers. Want more opportunities? Create more leads. Max Edson and Ryan Doucet recently showed us their online direct mail platform called PRYCD. PRYCD analyzes where to send your next mailer, pulls owner records, prices each parcel, and scrubs your file so it's ready to be mailed in seconds. You can search for land or homes, search by a wide variety of criteria, export to a spreadsheet and you’re ready to mail. If you’re looking for land, they even tell you what to offer based on the sold comps. A similar functionality is coming soon for homes.  Put your lead generation into overdrive! 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?” Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!” Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?” Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying? Motivational Quote: “Everything takes longer than it takes -- and costs more than it costs.” -Roger Blankenship  

As we recorded this call, we had not held the election. When this show is released we might still not know the winner. Although if it’s close I predict the media will declare Biden the winner and portray Trump as a sore loser if he files a lawsuit contesting the results. This prediction is pretty obvious don’t you think? We shall see. But at any rate, eventually we will have a President. Today we are going to talk about how much it matters to real estate investors who that person is. Spoiler Alert: it doesn’t.  We are about to have a visit with Mr. Gordon Catts, 50 year real estate investor, former realtor, appraiser, lender, apartment syndicator, trainer, and many other things. He says his kids just call him a “real estater.” We are fortunate to have him join us today on a bit of short notice. That’s coming up in just 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions Calvin, Fort Worth, TX, “How do you figure repair costs to make offers on remote properties?” Sarah, Stone Mountain, GA “I heard you say that new fix and flip investors shouldn’t do major rehabs. Why is this and what do you consider major?” Kendra, Jacksonville, FL “How much should I be concerned about a requirement that my buyer get flood insurance?” Arnold, Phenix City, AL “My company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?” Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?” Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!” Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?” Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying? Motivational Quote: “Everything takes longer than it takes -- and costs more than it costs.” -Roger Blankenship  

Today we continue and conclude our recent conversation with Paul Montelongo. Paul has done a bit of everything but has settled in with multi-family. He has a mentoring program which you will hear a little about on the call today.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions Calvin, Fort Worth, TX, “How do you figure repair costs to make offers on remote properties?” Sarah, Stone Mountain, GA “I heard you say that new fix and flip investors shouldn’t do major rehabs. Why is this and what do you consider major?” Kendra, Jacksonville, FL “How much should I be concerned about a requirement that my buyer get flood insurance?” Arnold, Phenix City, AL “My company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?” Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?” Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!” Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?” Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying? Motivational Quote: “Focus on what you want, not what you don’t want.” -Ramon Tookes   

Paul Montelongo joined us recently for both the Wednesday and Thursday meetings of the Flipping America REIA. We discussed his incredible career and covered a variety of topics.  Here are some of the topics we covered which you will hear about today and next time.  The secret to longevity in business The realistic expectations of being in the real estate business How to successfully merge a personal life with a business life Creating bigger and bigger reasons to continue a business life Leaving an imprint on the world (your world) I asked Paul to provide 3-5 compelling reasons for people to join the call (as if his fame isn’t enough!). Here’s what he said: 40 years real estate & business experience Wide variety of interests...not just a real estate guy (harley, golf, yoga instructor, author, painter, family man, real estate, media, and more) Unique perspectives on business and life My peaks and valleys have given me a unique wisdom  I don't take myself seriously I’ve been around Paul enough to know that he thinks like me. He doesn’t like the hotel room “guru” business model. He is real, wants to help, has a variety of interests, and is committed to personal growth. 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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Home values are up 6.7% year over year. Can we now start ignoring the click-bait crash boys who were predicting something similar to 2008?  Interest rates remain historically low and look poised to remain so for some time. https://www.bankrate.com/mortgages/rates/mortgage-rates-for-monday-november-9-2020/   Inventory is still tight with no sign of significant increase in new home construction.  Fannie Mae and Freddie Mac officials are planning to appeal for a continuing policy of loan deferments well into 2021. This will mean continuing historic low foreclosure rates for at least the next six to nine months.  What does it all mean? It means this is a great time to sell and will be through the first half of 2021, because of tight inventory. Deals are hard to come by but easy to sell when you get them. It almost doesn’t matter where it is.  Questions Michael, Boston, MA, also 133 others, “How do you see the Presidential election impacting the real estate market?” Andrea, Baltimore MD, “I don’t see anything out there I can buy using the MAO rule. It just doesn’t exist. What do you think about going to 75 or 80% of ARV and relying on inflation and the tight market to make the profit?” Calvin, Fort Worth, TX, “How do you figure repair costs to make offers on remote properties?” Motivational Quote: “Buyers decide in the first eight seconds of seeing a home if they’re interested in buying it. Get out of your car, walk in their shoes and see what they see within the first eight seconds.” – Barbara Corcoran  

There has never been a greater interest in real estate investing. While personally I love your interest because that’s what is driving the popularity of this show, the more of you that actually get into the game, the more difficult it becomes. We all tend to look at and bid on the same properties sometimes. Combined with the already relatively low inventory, buying great deals isn’t as easy as it used to be. You need an edge. If you’re like me you want something that searches automatically, alerts you daily if not more often, and allows you to be first in making an offer on a property. Now there is a tool that does just that - and it’s working with LIVE MLS data. Privy Software allows you to access live MLS data, now nationwide. You can focus on areas with strong investor activity, find new listings, see before and after pictures from other investors, know their purchase and selling prices and super-charge your lead generation process.  Benson Juarez is going to provide a live demonstration of the platform, explain how it works and offer both the platform and training to all participants at a deep discount.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Motivational Quote: “Self-control is strength. Calmness is mastery. You have to get to a point where  your mood doesn’t shift based on the insignificant actions of someone else. Don’t allow others to control the direction of your life. Don’t allow your emotions to overpower your intelligence.” - Morgan Freeman    

Ghosts, goblins, hauntings, and things that go bump in the night. These can be frightening but they are mostly in your imagination. Reality is often more terrifying. And few things strike more fear into the heart than the prospect of becoming (dramatic sound effect) a landlord. Join us this Halloween day - if you dare - on a journey we call “Tenant Nightmares!” Hello America and thanks for joining us this fine Halloween day. The moon will be full tonight and it’s the first time since 1942 we’ve had a full moon on Halloween day. I hope you have your social distancing trick or treat protocols in place, candy ready for the neighborhood kids. And if you live far enough north, maybe a fire crackling in the fireplace as you settle down to listen to this episode of the Flipping America show.  What can be scary about tenants is the fact that your money is at risk due to factors largely beyond your control. Tenants do some of the strangest things and frankly some of them can be remarkably destructive. This isn’t usually the case of course, but it happens just enough to make this venture frightening. Mark Dolfini is joining us in a few minutes and together we are going to share some of the scary stories from our experience, what we learned from them, and perhaps a few things that can spare you the anxiety, terror, and revulsion we experienced.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Interesting connection between COVID-19 and interest rates for 2021.  https://www.housingwire.com/videos/this-is-how-logan-mohtashami-believes-mortgage-rates-will-behave-in-2021/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=98407997&_hsenc=p2ANqtz-8XzFJ30MQA6C-Uqjxii2DkNtQuf5NiHcKAdsaQtlqjWgwGTRrlEwKxHWSLUfatTdArik5uZcNNJNBgqJIrLvKad8rnKNzTeovSCVtjFgtposU-57Q&utm_content=98407997&utm_source=hs_email Questions Pamela, Oklahoma City, “What do you see happening in the housing market in 2021?” Hannah, Waukesha, WI, “I understand the 1% rule. What other factors do you consider when buying a rental property?” Motivational Quote: “Don’t wait to buy real estate. Buy real estate and wait.” Will Rogers  

Real estate takes money. But it doesn’t have to be yours. In fact the secret to success in this business, especially when getting started, is learning how to partner with others to get deals funded. Today you are going to learn how. Yes, there are “nothing down” deals out there, but you’ll pass by 100 good deals to find one of those. Don’t pass them by. Even as you start your real estate business and especially if you are established in the business, you want to develop relationships with private money sources. You want hard money lenders as well, but your private money sources are going to be more flexible and give you more options on projects they will fund. It is wise to have multiple funding sources lined up for whenever you need them. Today we are going to drop in on a recent call we did with  Dave Dubeau is going to share with us his method for raising private money. You will be astounded at the practical simplicity he brings and excited about your business. In just 45 minutes Dave is going to step you through his process and show you exactly how to proceed. This is going to help you grow your business, make more money and get to your financial goals more quickly.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Motivational Quote: “Good things happen when you set your priorities straight.” Scott Caan  

How do you manage your priorities and your to-do list? Do you use note-taking programs, pocket organizers, desktop calendar planners, to-do list apps or - like many of us, tons of post-it notes all over the place, or, like almost all of us, some combination of these?  Don’t stop doing what you have to do to get things done, but consider finding a way to organize everything in one place. Today Nick Baldo is going to show you how. If you have a project and want to be organized, you make a list, maybe several lists. If you have several projects and team members working on them, your lists could fill notebooks and you still might miss details. Asana is a project management engine with powerful tools to help you organize your business, your life, your team and keep everything straight, everyone accountable and streamline your workflow. Good organization is a key to scaling your business, and scaling your business is how you will achieve your financial goals. In a few minutes we are going to join a recent call with Nick Baldo, a true master of technology and fellow real estate investor. He is going to teach us how to use Asana to manage our rehab projects, manage our teams, and do a better job of running our businesses. Best of all? This training is free and Asana has a free level. You could be on your way to being better organized by the time your lunch hour is over.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Questions Motivational Quote: “Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” Paul Meyer  

Today Bill and Dwan Twyford are going to conclude their very interesting and potentially profitable talk on No Equity Investing. Plus I have a good chance of getting caught up with questions from you. Coming up now on Flipping America.  I realized about 5-6 years ago I was leaving money on the table by telling people there was nothing I could do. It took awhile to figure out a way to make money on a property with no real equity. And even though I eventually did, I didn’t have it down to an art like Bill and Dwan do. This is great stuff and there is a reason this call was one of the highest rated this year. Today we are going to hear the conclusion of the call they did with the Flipping America REIA a few weeks ago.  And I finally have plenty of time for your questions. I think we have a shot to get completely caught up today. So now I need even more questions from you. Ask anything you want about real estate and I promise you an answer.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Questions Ken, Santa Barbara, CA “I can’t get my head around buying rental property 2000 miles away. Is there anyway to invest in cash-flowing property here in southern California?” Justin, Colorado Springs, CO “I’m about to put my first flip on the market. My question is, ‘do properties sell over the winter time? Would I be better off to wait until springtime to get more money?’” Alexis, Rosemont, IL “I have money from lottery winnings and I don’t want to be stupid with it. You are one of several people I’m asking. What would you do with $1.2 million?” I haven’t told anyone I won and I’m keeping my day job. I’m 31 and I don’t want this to ruin my life.” P.S. I’m not really from Rosemont, but trying to remain anonymous. Martin, Auburn, AL “I am trying to get started investing here - buying rental properties, but they are usually under contract the same day they are listed. I can’t seem to get out to the property fast enough. Any suggestions?” Hamida, Atlanta, GA “I don’t want to do a large rehab, but all of the deals I see require substantial work. This might not be the thing for me.” Gary, Indianapolis, IN “There are plenty of low-priced projects here. But not big margins. I can usually put about 60-80k in a flip and maybe make 10-15k. I hear people from other places talking about 100k profits and it just seems like a different world. Is it all that common? Chai, Philadelphia, PA, “I’m thinking about buying a flip in North Dakota, but it’s already cold there and I’m concerned about finishing it before it gets too cold. What do you know about flipping in winter there?” Elliott, Raleigh Durham, NC, “It seems like the market is hot all over the United States. How can this be in the midst of a pandemic? And are there any markets anywhere where things aren’t selling at all?” Deborah, Clinton, IA “How do you see the presidential election affecting real estate?” Motivational Quote: “Do something today that your future self will thank you for.”   

What do you do when you’re speaking with a seller and realize they have no equity in their home? Most of us will apologetically tell the seller there’s nothing we can really do and move on to the next lead. Today we are going to learn that we have other options - options that could be very profitable for us.  Bill and Dwan Twyford have been investing in real estate for more than 20 years and have made money on dozens of “no equity” properties. In a few minutes we are going to listen in on a call they made recently with the Flipping America REIA. This has been one of our highest rated calls in 2020. You won’t see the visuals, but you can hear the explanation and it will open up possibilities for you.  If you want to be ON these calls, it’s easy and it’s free. Just point your web browser to flippingamericaREIA.com. The upcoming topics and links are right there on the home page. You can click and sign up. The calls happen almost every Wednesday at noon and Thursday at 7.  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 (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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 Questions Marta, Pensacola, FL “I am wondering if you ever break your own MAO rule?”  Sandra, Evanston, IL “I’m new to flipping houses and as we are getting on toward winter time, I’m wondering whether it’s possible to do this over the winter.” Marcus, Tampa, FL “Do you think it’s too late to get into real estate investing? It seems like everybody is doing it and with so much competition I can’t find a deal worth doing.” Carmen, Rossville, GA “Is it too late to join the Buyers Club?” Pamela, Phenix City, AL “How do you decide what color to paint a house?” Raymond, Baltimore, MD “I got a new job - have to be there in 4 weeks. 250 miles away. So I need to sell my house. It’s worth $325-350k. I owe $260k on it. I don’t really have enough time to sell through a realtor. An investor is offering me $5,000 and take over my payments. The amount seems low and would this impact my ability to buy another house?” Motivational Quote: “Almost all success happens outside your comfort zone.”   

I’ve stopped saying, “That’s crazy” and instead now I just say “that’s 2020.” Has this not been the craziest insane year in a lifetime? So many things have changed - “normal” seems a distant memory and it’s reasonable to wonder whether some things will ever return. This creates both anxiety from those who hate change AND opportunity for those who pay attention. I can promise you this: real estate will be here in our future and that means there will be ways to make money from it. So relax - there IS a real estate investing future and in this talk, I’m going to tell you what it is.  It might surprise you that I’m not going to predict the market for the next 12 months. That’s pretty easy and pointless. What I’m going to say is, if you know how to look for and think about the opportunities, you will do well no matter what happens. On this call I’m going to tell you how to look, where to look, and how to evaluate the opportunities God (or the universe if you prefer) is handing to you every day.  You will leave this call armed with practical steps to guide you when the next opportunity - deal, investment, career - comes your way.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions Valerie, Plano TX “I went to your coaching page and tried to sign up, but it put me on a waiting list. Why is this and how long will I have to wait? I’m ready to go!” Sidney, Boston, MA “What are some things to make sure I do as I am about to buy my first house?” Anthony, Ft. Lauderdale FL “Any room left in the Buyers Club?” Marta, Pensacola, FL “I am wondering if you every break your own MAO rule?”  Motivational Quote: “All you need is the plan, the road map, and the courage to press on to your destination.” —Earl Nightingale

What if I told you that you could fund your real estate investments by buying insurance? At first blush that doesn’t even seem to make sense! But today we are going to learn that not only does this make sense, it may be the best way to buy ANYTHING! Borrow money from yourself.  We are going to share a powerful technique that allows you to borrow money from yourself to buy things, pay yourself back, have the things AND have the money back. Sound crazy? I know it does at first. You can use this to buy a car, pay for a vacation, get that new iPhone. OR you can use this money to invest in cash-producing real estate and put your wealth generation machine into hyperdrive. (Yes, those blurry white lines ARE the stars as we pass by traveling faster than light…) Mark Willis is going to join us for this call. Mark is a Certified Financial Planner which is a pretty big deal in its own right. But it’s more significant for us because he has regulators looking over his shoulder all the time. If he were to tell you something untrue, illegal, or even shady, he would lose his license. What he will be sharing with us is actually time-tested, proven, and I personally have done the math.  You could be borrowing from yourself to fund all or part of your real estate deals. I don’t say this often, but this is going to blow you away. It will change your life. I know it changed mine.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Motivational Quote: “Keep your face always toward the sunshine—and shadows will fall behind you.” —Walt Whitman  

A career in real estate is not for everyone. There are a good number of people in our audience who love their job or love a steady paycheck and want to keep working while they invest in real estate. Kim Kesterke joins us today to talk about the W2 Landlord. In mere moments she will share her process for identifying properties, resources, and screening tenants. She self-manages a portfolio of properties across the country while maintaining her full-time job.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Motivational Quote: “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 “Landlords grow rich in their sleep.” - John Stuart Mill “Ninety percent of all millionaires become so through owning real estate.” - Andrew Carnegie “The major fortunes in America have been made in land.” - John D. Rockefeller    

One of the most frequent questions coming to us is some variation of this: “how can I quit my job and start a career in real estate investing?” Today I’m going to answer that question and lay out for you a plan to make it happen.  In a recent workforce survey a majority of participants indicated they would be interested in not just a job change but a career change. Millions have watched the house flipping TV shows and thousands have caught the house-flipping fever. There is nothing wrong with this. There is usually nothing wrong with being your own boss, and there are fewer more satisfying career goals than setting your own hours, coming and going as you please, taking all the vacations you want and loving life like never before. It’s a dream, yes, but it’s not out of reach. I encourage you to consider a thoughtful course and today I’m going to show you how to get there.  A career in real estate is not for everyone. There are a good number of people in our audience who love their job or love a steady paycheck and want to keep working while they invest in real estate. Our next episode is for you. Kim Kesterke will be with us describing the W2 Landlord. She will share her process for identifying properties, resources, and screening tenants. She self-manages a portfolio of properties across the country while maintaining her full-time job.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions: Riggies, San Francisco, CA “Do you have turn-key properties for Buyers Club members?” Nick, Memphis, TN “Do you provide any training for Buyers Club members?” Karen, Louisville, KY “My contractor hasn’t been to the job site in 3 weeks. I gave him $13,000 up front as he demanded, but all he’s done is the demo work and some tile work in the bathroom. What would you do in this situation?” Michael, Atlanta, “If I buy a house subject-to, is it ok if I sell it using a lease purchase?” Kendeesia, New Orleans, LA, “Can you explain the 1% rule for rental properties? I’m interested in knowing how that became the rule.” News This is actually a sign of a very strong economic rebound. https://www.housingwire.com/articles/for-the-first-time-since-april-forbearances-fall-below-3-million/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=97088488&_hsenc=p2ANqtz-_dbA-DWE0zhKXPoAzxoXj7cyZs4axOsTjg8xzQ75jjsDUkRCIeTqTzihbOrDDgLKB1_WKbu0mY_4rZt32laxJ-UqCFKY2A9tO_jOtwfzHOIYG8m_w&utm_content=97088488&utm_source=hs_email I missed this prediction - the news is better than I thought. And WAY better than most predicted. I predicted we would land around 2.8% YoY increase by Dec. Many projected loss in value. We are still at 5.9% through August.   https://www.corelogic.com/insights/home-price-index.aspx?WT.mc_id=crlg_201005_LeGen We had the delinquency spike in June. Now we are watching for the foreclosure bump - around January. https://www.corelogic.com/insights/loan-performance-insights-report.aspx?WT.mc_id=crlg_200908_06lvL Motivational Quote: “The most common way people give up their power is by thinking they don't have any.” — Alice Walker.    

Today we are completing the conversation with Jeff Holst about buying apartments and then without skipping a beat we are transitioning to a conversation with Nancee Tegeder about Syndication - how you put together the money to buy the apartments. Nancee is an attorney with CrowdFunding Lawyers and all they do is securities law.  Jeff Holst is a recovering attorney, real estate investor, YouTube show host (the Old Fashioned Real Estate Show), world traveler, and spreader of joy and happiness. He makes his living owning multi-family properties. We talked about his story and the particulars of buying apartments but ran out of time in the Q&A period. So we finish that today and quickly switch over to Nancee. Multi-family is one way to retire early from your day-to-day job and it doesn’t take as much money to get started as you might think. And this is coming to you with limited commercial interruption so we can get it all in. Our sponsors thank you for your support! 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions: Caitlin, Fort Worth, TX: “Why are you only taking 200 members into the buyers club?” Swanson, Milwaukee, WI. “I’m curious about why you are charging a membership fee for the buyers club.” Jackie, Villages of Ocala, FL “I don’t know cap rate from my husband's cap size. Do I need a lot of technical knowledge to invest in apartments?” Jake, NOT from State Farm, but from Dubuque IA, “I know you are buying properties in other states sight unseen. Help me understand the thought process that allows you to do that. I can’t seem to pull the trigger.” Susan from Mobile, AL “Would you ever buy a home that had previously been flooded? If so there is a lot of opportunity around here right now.” Joe, Atlanta, GA “If the BOR method is so good, why aren’t more people doing it?” Motivational Quote: Progress always involves risk. You can’t steal 2nd base and keep your foot on 1st.– Fred Wilcox  

Jeff Holst is a recovering attorney, real estate investor, YouTube show host (the Old Fashioned Real Estate Show), world traveler, and spreader of joy and happiness. He makes his living owning multi-family properties. We are going to talk about how he got started, how he finds and analyzes deals, and the options you have for funding a deal.  Multi-family is one way to retire early from your day-to-day job and it doesn’t take as much money to get started as you might think. Hear all about it, ask your questions, and make your plans! 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub 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. Questions: Caitlin, Fort Worth, TX: “Why are you only taking 200 members into the buyers club?” Swanson, Milwaukee, WI. “I’m curious about why you are charging a membership fee for the buyers club.” Jackie, Villages of Ocala, FL “I don’t know cap rate from my husband's cap size. Do I need a lot of technical knowledge to invest in apartments?” Jake, NOT from State Farm, but from Dubuque IA, “I know you are buying properties in other states sight unseen. Help me understand the thought process that allows you to do that. I can’t seem to pull the trigger.” Susan from Mobile, AL “Would you ever buy a home that had previously been flooded? If so there is a lot of opportunity around here right now.” Joe, Atlanta, GA “If the BOR method is so good, why aren’t more people doing it?” Motivational Quote: “Canada is like a loft apartment over a really great party.” -Robin Williams “I installed a skylight in my apartment and the people who live above me are furious.” -Steven Wright  

Find a great deal and odds are, you aren't the only person who knows about it. The competition in real estate investing has multiplied exponentially over the past few years. We are going to talk about how to think productively about competition and more importantly, what to DO about it. Where can you find your edge? How to size up the competition (and yourself), how to respond to challenges, and how to collaborate profitably.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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. Motivational Quote: Vince Lombardy “The achievements of an organization are the results of the combined effort of each individual.” “People who work together will win, whether it be against complex football defenses, or the problems of modern society.” “Individual commitment to a group effort – that is what makes a team work, a company work, a society work, a civilization work.”    

Dwan is one of the most prolific real estate investors and trainers in America. She is the author of several best-selling books and has trained thousands of investors. She was a single mom and now she and her husband basically own a town. Hear her story coming up today on the show.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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. Questions: Andrew, Ft. Lauderdale, FL “What is your charge to make the BOR method passive? Paperwork for owner financing and selling property? Atasha, Atlanta, GA “Thanks for all your great shows!! I am learning so much from the podcasts. I am from Atlanta GA and just wanted to know how to download the show notes.     Motivational Quote: Vincent Van Gogh As long as autumn lasts, I shall not have hands, canvas and colors enough to paint the beautiful things I see.  

Today we are going to talk about flipping houses. A profitable house flipping business is always going to be about the numbers. Learn your numbers, know your numbers, use the numbers until they become second nature. This is a topic people pay me big money to teach them, but I’m going to share quite a bit of it with you today. And it’s yours at no cost or obligation simply because you took time to listen to the show. Long-time listeners will know that I do this from time to time. Sprinkled over the past 414 hours of Flipping America shows is probably all the real estate education you’ll ever need. 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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 evidence shows the truth - the real estate market is booming.  https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email Questions: Sanjay, Fort Worth, TX “I’m hoping to join the Buyers Club if you will let me in. Is there a limit to how many houses I can buy?” Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?” Motivational Quote: “I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.” – Michael Jordan

Today we will continue and conclude our conversation with Damion Lupo regarding the eQRP. If you missed the previous episode, you may want to go back and listen for a couple of reasons. 1. We introduce, define and describe the eQRP, but 2. As a lead in to the discussion, Damion and I talked for a few moments about business failure and the challenges we both have face in our investing careers. It was a candid moment and many have written in or called to tell us how powerful the impact of this frank conversation has been in their own lives. It was totally unplanned - like most of life’s best moments, right? Later on I will introduce you to my new friend Mark Willis, a certified financial planner out of Chicago and we will continue a conversation about money with a few unique twists. I’m very impressed with Mark and we are going to get him back for a longer conversation in the near future.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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 evidence shows the truth - the real estate market is booming.  https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email Questions: Sanjay, Fort Worth, TX “I’m hoping to join the Buyers Club if you will let me in. Is there a limit to how many houses I can buy?” Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?” Motivational Quote: “I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.” – Michael Jordan  

When it comes to retirement accounts there is a language and set of acronyms that rival any other business out there. You have a myriad of choices - you are blessed with dozens of options and opportunities within those options. It can be complicated and confusing. Some will say “I prefer to keep it simple” and then proceed on a plan to own ten rental houses - The end. That can work, but you will be paying more in taxes, living on less, and will have missed a lot of opportunity on the way. Today I’m speaking with Damion Lupo who is going to turbo-charge your retirement plans and along the way he might just set your imagination on fire. There’s nothing like planning ahead, right? Ultimate Flexibility, Control & Protection to optimize your investments. Get ready to accelerate your returns 10X faster than a traditional 401(k) plan or Self-Directed IRA! Enjoy the widest range of alternative investment options available. Get the freedom and security of total Checkbook Control. Rollover your 401(k), IRA, SDIRA, 403b, 457, TSP and Solo 401(k)s into your eQRP® account But perhaps the most astounding part of this call is what we did not plan to spend a lot of time on - recovering from a business failure. Damion has an amazing story to share and I bet you will be encouraged and inspired when you hear this. And it’s 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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 evidence shows the truth - the real estate market is booming.  https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email Questions: Ryan, Seattle, WA “What would your advice be for someone living in a high priced area such as Seattle?” Elinore, Covington, GA “Why is the MAO rule 70% of the ARV? I’ve never understood that. It seems arbitrary, and also a bit greedy.” Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?” Motivational Quote: “It’s a slow process, but quitting won’t speed it up.” -Anonymous  

Real estate investing takes two or three things to work well. The first thing is a value-add property. The next is your ingenuity and effort. The third thing is usually the money to do the deal. That seems to be the hardest part, but if you have the right kind of deal, it can be very easy to get. They call it hard money but not because the loan is hard. It’s because the loan is made using the hard asset as collateral. The loan depends primarily on the current and future value of the property. And the loan is often made not based on creditworthiness of the borrower but by the confidence the lender has in the borrower to get that property into a condition that would bring the future value.  You’ll hear all about it today with our friends from Bay Mountain Capital, Will Dyer and Wayne Corley. That’s coming up in just 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html Motivational Quote: I have yet to be persuaded by anyone yelling at me and calling me names. Talk it out, America. -Roger Blankenship  

Today our guest Lane Kawaoka tells us how to invest in large stabilized deals without having to do a thing! Get diversification:  Many commercial real estate investments have high acquisition prices (think $10M+) to which most people don't have access. Lane says you want to get away from Mom and Pop investments like 1-40 units. 1-40 unit deals typically have pricing issues because all the amateurs are involved and the deals that look good from a per unit price perspective are usually under 80% occupied and have ISSUES.  Investing passively in a group can allow you to invest in multiple asset classes (apartment/mobile home/assisted living), in multiple locations and with varying business plan duration.  Investing passively allows one to avoid being exposed to credit or liability risk.  No W2 documented income no problem!  You do not need to personally guarantee multi-million dollar loans and be the fall guy.  The goal of a Limited Partnership syndication investor is to create a "ladder" of investment that creates accumulated cash flow and cash out at different times. It's like your grandpa's CD ladder strategy but with 10-30x returns.  You can get all the depreciation benefits of single family home investors but with cost segregation on larger properties it gets even better! Bigger deals are able to pay for a cost segregation to squeeze out even more depreciation.  Invest in real estate without getting your hands dirty. Utilize a simple set of specific wealth building strategies for tax, legal, investment, that most people do not have access to and do not know about. 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html Motivational Quote: Price is what you pay. Value is what you get. Warren Buffett

My real estate career is like a Dickens novel. It was the best of times. It was the worst of times. And the quality of those times has always been dictated by the quality of contractors I have used. A good contractor makes this business pretty easy. A bad one will create one challenge after another. Today’s show is a talk I delivered to the Flipping America REIA about how to find and Vet Contractors. Use this information to do a better job of hiring and avoid heartache, headache, and difficulties.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html

We conclude our conversation and Q&A with Pat Dornan discussing the cost of repairs and issues surrounding the hiring and supervision of contractors. We talk a little bit about a package of documents I use in my business I call the Contractor Docs. These 11 documents include the ad I run to hire contractors, the application process, payment policy, Lien waivers, construction agreement and much more. I paid my attorney thousands of dollars over the years for some of these and some of the refinements in them have come from the various ways contractors have taken advantage of me. Even though they cost me thousands, I give them to you for free. All I want in return is your email address. Go to my website and click the link right on the home page.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html Questions from Listeners: Andrew from Ft. Lauderdale: “Is it possible for me to invest in houses in the Buyers Club and then do mostly nothing but receive payments?” Joseph, Wake Forest, NC: “If we join the buyers’ club, is it possible for us to manage the sales process ourselves?” Samuel, Dallas, TX, Christopher, Atlanta, GA, John, Stockbridge, GA, Carol, Pasadena, CA, Peter, Wilmington DE, Maria, Jacksonville, FL, Suzanne, Lancaster PA, Jeff and Jessica, Phoenixville, PA: “Is it too late to try to join the club?” Adrian, Tampa, FL, “I could not join the call for the Buyers Club last time. Did you record it?” Marcus, Jackson, AL “This is a pretty small town. I own a couple of rentals here, but am very interested in the Buyers Club. I’m nervous about owning rentals in towns I can’t get to easily. How would I make repairs. I haven’t been able to join one of the webinars yet.”  Candice, San Francisco, CA “What comes with membership? Documentation for purchasing and selling? Access to attorneys across the country? Is it broken down as to the additional fees? Do you own these or are we participating with you in the auction? Is it only through the broker you mentioned or do we find our own?   Motivational Thoughts for the day  Warren Buffett series 'It takes 20 years to build a reputation and 5 minutes to ruin it'

Ask someone how to know what it costs and the usual answer is, “get out there and fix a few properties - then you’ll know.” This is almost like saying - go lose money on a few deals and you’ll figure it out. This actually works sometimes! But you may prefer to NOT lose money. If so, you MUST know what it’s going to cost you to repair a property.  I’m joined on the call by Pat Dornan, licensed contractor, licensed Realtor, rehab investor, and founder of FlipCalcPro. Pat has rehabbed hundreds of properties and brings a wealth of experience to the call. We will consider a number of issues including: How to look at a house online. How to estimate after seeing only the outside. How to look at a house in person.  What things cost What to pay for labor 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:    Motivational Thoughts for the day  Warren Buffett series I'll give my children 'enough money so that they would feel they could do anything, but not so much that they could do nothing' 

This is your opportunity to ask anything you wish. In a few minutes we are going to join a recent call with the Flipping America REIA where we just opened up and took questions from everyone present. I was joined by my good friend and mentor Gordon Catts, who has been a real estate investor for fifty years. He has traveled the country teaching real estate and was instrumental in forming the Georgia REIA, the Atlanta REIA, the Mountain REIA, which he still owns, and the Flipping America REIA. I’ve never thrown him a question or situation he wasn’t familiar with or didn’t have an answer for. He is then the perfect person to join us on this call. 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/ Motivational Thoughts for the day  Warren Buffett series 'You only have to do a very few things right in your life so long as you don't do too many things wrong'

COVID-19 presents a number of challenges and an air of uncertainty for those of us in the real estate investment sector. During these tense times, it takes a different approach to find investors and source capital for our ventures. Some people say: “just find a good deal and the money will find you.” Does that ring a bell? We’ve all heard it. Unfortunately, it’s NOT that simple. Especially right now…with such HUGE stock market volatility that have affected so many people (and their retirement savings). In reality, you need to have a bunch of investors who are already in the wings, ready to roll... and THEN find a good deal. ...THEN it will work. So how do you reach out to these investors when you have a good deal? How do you get them to pay attention during all of this COVID Pandemic stuff? Today we are going to hear from Dave DuBeau who recently spoke at the Flipping America REIA weekly meeting. This guy has some great ideas about how to raise private money and his presentation was absolutely inspiring. We will join that call in just a couple of 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/ Topic: Contract to Closing Questions:      Motivational Thoughts for the day  Warren Buffett series 'Risk comes from not knowing what you're doing'

We talk a lot on this show about how to make money in real estate. Today we are going to talk about how to keep it. Wealth Preservation is the topic and this is a multi-pronged approach. It’s not just tax planning, investment planning or just asset protection. It’s an overall strategy to keep more of what you make.  Our guests, Mark Seither and Josh Saunders say It’s much harder to re-earn a dollar than to make one in the first place. There is plenty of tax code from the 80,000+ pages that people are not using or aware of.  On this call we will cover these basics in wealth preservation: Diversifying taxable income in retirement. Leveraging real estate to improve your investments. What your investment guy is not telling you about your qualified plan. We will discuss 401ks, self-directed Roths, and other retirement strategies.  Plus we will mention more advanced strategies: Accelerated depreciation opportunities to offset your taxes,  Roth conversion strategy, with a Roth conversion calculator.  Tax efficient legacy plans.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/ Topic: Contract to Closing Questions:  Atasha, Atlanta, GA,  Thanks for all your great shows!! I am learning so much from the podcasts. I am from Atlanta GA just wanted to know how do I download the show notes. Motivational Thoughts for the day  Warren Buffett series 'Someone’s sitting in the shade today because someone planted a tree a long time ago'  

I frequently say that even though this show is called “Flipping America” we don’t encourage everyone to drop what they are doing and start flipping houses like you see on TV, We DO encourage everyone to consider real estate as a balanced part of an investment portfolio. To that end we try to bring you the very best in information, inspiration, techniques, approaches, opportunities, methods, and the people that make those ideas work. Today we have Kim Kesterke joining us in just a few minutes and she is one of those who loves her job and wants to keep it. I think she is actually in the majority out there. She started investing in rental properties remotely and self-manages them remotely. In fact she does this so well she’s never had an eviction. Now she has a course called the W2 Landlord which you will hear about today and you might have an opportunity to be a beta tester for it. That’s coming in a few minutes. Later on we are going to wrap up the topic we started last time called “Contract to Closing.” This seems like a rather mundane part of the deal and I suppose it is. But many contracts fall out and do not close. Sometimes those fallouts could have been avoided if the parties had been more prepared. So let’s prepare! 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/ Topic: Contract to Closing Questions:  Samantha, Pittsburgh, PA, “Two questions, 1) is it too late to join the Buyers Club? And 2) How will I know what to do with the property I buy? Motivational Thoughts for the day  Warren Buffett series 'Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years'

You have a property under contract. Hooray! What’s next? What should you do? What should you expect? Are there any other surprises or pitfalls? (um, YES). Whether your contract is to buy or to sell, it’s best to prepare yourself for the event. As many times as you have heard the old adage, It remains tempting to count the chickens when the eggs are laid, but let’s get them hatched first, ok? I’ll be sharing with you the checklists, processes, pitfalls, and preparations you need for your closings both when you are preparing to buy the property and when you are preparing to sell. As an added bonus I’ll also be sharing with you a “Post-Closing Checklist” just to help you make sure the project is tied up in a neat bow. And as a special bonus to everyone listening right now if you would like my Closing Checklists package, you can get them for free just by writing in to the show. Send an email with the words “Closing Checklists” in the subject line to [email protected].  Among the topics we will discuss: Contract Contingencies Home Inspections Amendment to Address Concerns Seller Repairs Earnest Money Double Closings Dry Closings Transactional Funding Contract Assignments  And much more! 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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/ Topic: Contract to Closing Questions:  Samantha, Pittsburgh, PA, “Two questions, 1) is it too late to join the Buyers Club? And 2) How will I know what to do with the property I buy? Motivational Thoughts for the day  Warren Buffett recently turned 90 years old so today in his honor we are going to start a brief series of inspirational quotes from him. We will lead with this: “Rule number one in investing is ‘don’t lose money.’ Rule number two is ‘never forget rule number one.’”  

We are going to wrap up the conversation with Eric Tomasi today and invite you to join the Flipping America Buyers club. We find the houses, connect you with resources to change the locks, put out signs, get them sold and the legal services you need to write up the note and security deed for you to seller-finance them. It’s nearly a complete “done-for-you” service.  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 [email protected]. 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 The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/ Topic: Exploding Cash Flow with Eric Tomasi pt 2 Questions:  Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.” Justin, New Orleans, LA I am looking for an unlisted property, where I know the square footage and the number of bedrooms and baths. Is there a way to search all homes in a city?  If you are looking for information on a particular property the best place to start is to just google the address. This will almost always bring up a page of results that includes zillow, trulia, realtor.com and sometimes redfin.com. I tend to look at all 4 but start with Zillow. Ignore for the most part the Zestimate, but this page can give you all kinds of useful information about the property. Zillow has a way of looking at similar properties that have sold in the area, which can be a rudimentary way of running some comps. When you are ready to pay, check Privy software bit.ly/getprivyprogram to see if they are in your area. If they are, it is well worth the investment to get and learn to use this software. You can also go to flippingamericacomps.com and sign up for a free trial of a software package the pretty much covers the entire United States. Again, the price is well worth it and my team and I use both. Even though we have these, if all we want is basic info about the property we will google it and check zillow. Motivational Thoughts for the day “Act as if what you do makes a difference. It does.” William James  

Easier than fixing and flipping. Up to 10 times the cash flow of a standard rental property. The BOR method is the new go-to real estate investing strategy. BOR stands for “Buy”, "Owner-Finance”, “Repeat”. The secret is to buy a house for under $20k that might need a little work, but seller-finance it to someone locally as-is.  As part of an exclusive buying program with the major auction houses, we are finding and buying houses for around $10-$15k all across the country every week. We can find more than we can buy, so we decided to share this opportunity with a select group of investors. Let me make a small fee and I can connect you opportunities that will bring a 30-50% annualized return on investment. These properties will be shown only to members of the Flipping America Buyers Club. Read on and see how your membership could be FREE. My mentor for this business model is Eric Tomasi and he will be joining us on the call. He has been doing this for 14 years and has bought more than 11,000 houses. He and I will talk about the business model, how it works, and how you can get involved. You could be cash-flowing in a couple of weeks!  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 [email protected]. 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 FlipStarter Online! www.flipstarteronline.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:  Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs Topic: Exploding Cash Flow with Eric Tomasi Questions:  Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.” Justin, New Orleans, LA I am looking for an unlisted property, where I know the square footage and the number of bedrooms and baths. Is there a way to search all homes in a city?  If you are looking for information on a particular property the best place to start is to just google the address. This will almost always bring up a page of results that includes zillow, truila, realtor.com and sometimes redfin.com. I tend to look at all 4 but start with Zillow. Ignore for the most part the Zestimate, but this page can give you all kinds of useful information about the property. Zillow has a way of looking at similar properties that have sold in the area, which can be a rudimentary way of running some comps. When you are ready to pay, check Privy software bit.ly/getprivyprogram to see if they are in your area. If they are, it is well worth the investment to get and learn to use this software. You can also go to flippingamericacomps.com and sign up for a free trial of a software package the pretty much covers the entire United States. Again, the price is well worth it and my team and I use both. Even though we have these, if all we want is basic info about the property we will google it and check zillow. Motivational Thoughts for the day “The secret of getting ahead is getting started.” – Mark Twain. Tags: real estate, real estate investing, real estate investments, real estate education, income properties, rentals, Flipping America, Roger Blankenship, cash flow, seller financing, BOR

You finally got a prospective seller to answer the phone! Or open the door! Now what? What do you say? Is there a phrase or an opening line that can help this thing go better? We want to put the person's mind at ease, immediately build rapport, build credibility and agreement. How do we start? How do we transition? How do we close? There is power in words, but is there also some magic? Join master investors Vicky Schettini and Brandon Barnes as we break down the process - what you should be thinking, what you should be saying, what to listen for, and how to prepare to answer questions and objections. Our aim is to take you all the way through the conversation. Between our two panelists you have thousands of conversations’ worth of experience. You will walk away with renewed confidence and more ready than ever to get that next deal under contract.  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 [email protected]. 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 FlipStarter Online! www.flipstarteronline.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:  Low inventory and low interest rates are pushing up prices even in a pandemic. As I predicted back in March. https://www.housingwire.com/articles/in-a-hot-housing-market-gap-between-purchase-price-and-appraiser-condition-ratings-cause-headaches/ Thinking about refinancing? There’s a new “gotcha” fee from Fannie Mae and Freddy Mac https://finance.yahoo.com/news/fannie-freddie-impose-fee-most-023601924.html A bit more evidence my earlier prediction will be right. We still have 4 months to go. https://www.housingwire.com/articles/median-home-prices-grew-in-96-of-metros-during-q2/ Also, see the hottest markets in terms of avg price gain. My buddy Logan Mohtashami agrees. https://www.housingwire.com/articles/heres-why-we-wont-see-a-housing-crisis-after-covid-19/ It’s long been possible to “buy down” the interest rate on a loan. This one can cost $5-10k. Perhaps worth it if you plan to stay awhile. https://www.housingwire.com/articles/uwm-1-99-30-year-mortgage-rate-comes-with-a-catch/ Topic: Mind Set with Malhar Bhagat Questions:  Jennifer, Oklahoma City, “Am I too late to join the Buyers Club?”  Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.” Motivational Thoughts for the day “It's a funny thing about life, once you begin to take note of the things you are grateful for, you begin to lose sight of the things that you lack.” ― Germany Kent

Mindset is a set of messages you believe about yourself. What you believe about yourself and your circumstances can be instrumental in your success and also a factor in your failure. It's tough enough to change your mind, but is it really possible to change your "mindset?" Hint: the answer is yes, but it requires conscious effort. It's beyond messaging -- you must truly believe the message and consistently work to apply the growth mindset. How do we develop this? How do we maintain it? Much of what has happened to you has been beyond your control, but thankfully your current circumstances need not define you. Your identity will be found in how you choose to respond. And there's the key - it's a choice. Today we will explore this topic with my good friend Malhar Bhagat and provide some action steps that will help you adopt a growth mindset. 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 [email protected]. 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 FlipStarter Online! www.flipstarteronline.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:  Low inventory and low interest rates are pushing up prices even in a pandemic. As I predicted back in March. https://www.housingwire.com/articles/in-a-hot-housing-market-gap-between-purchase-price-and-appraiser-condition-ratings-cause-headaches/ Thinking about refinancing? There’s a new “gotcha” fee from Fannie Mae and Freddy Mac https://finance.yahoo.com/news/fannie-freddie-impose-fee-most-023601924.html A bit more evidence my earlier prediction will be right. We still have 4 months to go. https://www.housingwire.com/articles/median-home-prices-grew-in-96-of-metros-during-q2/ Also, see the hottest markets in terms of avg price gain. My buddy Logan Mohtashami agrees. https://www.housingwire.com/articles/heres-why-we-wont-see-a-housing-crisis-after-covid-19/ It’s long been possible to “buy down” the interest rate on a loan. This one can cost $5-10k. Perhaps worth it if you plan to stay awhile. https://www.housingwire.com/articles/uwm-1-99-30-year-mortgage-rate-comes-with-a-catch/ Topic: Mind Set with Malhar Bhagat Questions:  Jennifer, Oklahoma City, “Am I too late to join the Buyers Club?”  Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.” Motivational Thoughts for the day “Happiness depends on your mindset and attitude.” ― Roy T. Bennett, The Light in the Heart  

Today we conclude the fascinating conversation with Paul Rosanno on the topic of Rentals by the numbers. I’m going to back up the call just a bit so you might have a context for the conversation. When we left off I had just asked Paul what he is buying these days. But I want to start the conversation with his explanation for how he quantifies risk. Then we will continue on. Plus we have some headlines for you and questions FROM you. All this coming up! 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 [email protected]. 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 FlipStarter Online! www.flipstarteronline.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:  Hostile takeover drama in a rather boring - but vitally important company. https://www.housingwire.com/articles/investors-move-to-replace-majority-of-corelogics-board-as-takeover-bid-saga-continues/?utm_medium=email&_hsmi=92287833&_hsenc=p2ANqtz-8n4wG7FEK4M_Iy6pzkNp3Wog1csoVGUDKrgixSchvcWvfCiXx6Hd7dpoaX3tPCgiNwL9d7fLN8b_5jaXU5DK5gWSCdJpDI-jXgf7N_aSYixJbirxY&utm_content=92287833&utm_source=hs_email This sounds like “women and minorities hardest hit” type of reporting, but there is something here for landlords to tune in to. https://www.housingwire.com/articles/renter-households-will-be-hardest-hit-by-loss-of-cares-act-unemployment-benefits/ They are heading inland and here’s where they are heading: https://www.housingwire.com/articles/coastal-city-exodus-continues-phoenix-sacramento-and-las-vegas-now-most-popular/ Topic: Rental Investing by the Numbers with Paul Rossano Questions:  Robert, Dallas TX, “How do you use lien waivers?” Joanna, Houston, TX “You mentioned on a recent call that you have a set of contractor documents. How can I get them?” Phil, Augusta, GA “Do you know where I can find a list of all repairs on a house that require either a permit and/or and inspection?  I want to buy an unoccupied house to repair and flip, but don't know what exactly requires a permit and inspection. Patrick, Houston, TX “Hi Roger, do you have a recording of this zoom? I joined late due to having difficulties in finding the site. I will be grateful if you can send me a recording of this. Michelle, Alexandria, VA “I had no idea there was a radio show like this. I only heard it long enough to get your email address and a few other things before I drove out of range. But thank you thank you! Is there a podcast version of it?” Brittany, Colorado Springs, CO “I bet you get asked this a lot, but can you tell me how I can get started? What should I be doing? I don’t really have any money, but I’m super motivated and know people with money. Motivational Thoughts for the day "If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success." -James Cameron

The next two shows are probably the most concise, most complete breakdown of the numbers involved in income-producing properties you will EVER hear for free. You are going to want to listen to this multiple times and take good notes. I’m not kidding. As we break this down today and next time you are going to hear about the impact of the purchase price and the initial rent-ready repairs. You’re going to learn about  Interest Rates Loan Constant Expense ratio (or just a total of realistic expenses) You will learn the TIMMR acronym:  Taxes Insurance Maintenance Management Repairs  Cash on Cash Return (no leverage - just used to compare one property with another, but doesn’t tell the whole picture) Return on Cash (leverage) Return on Equity (tells me when I need to re-fi) Capitalization rate. Measure of your net income relative to the price of the asset.   For the first time ever on this show we are going to tell you how to look at risk.  Debt Service Coverage Ratio Break Even Ratio 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Rental Investing by the Numbers with Paul Rossano Questions:  Austin, Pittsburgh, PA “If my payment, including taxes and insurance is $1000 and my rental income is $1200, why am I not seeing income? In fact I think this is costing me money. The house is worth $140,000. I owe about $90,000 on it. The neighborhood is ok, I’ve had it for 3 years and no one stays more than a year. They move on to something better I guess. Quandre, Long Beach, CA “I’m not finding any income properties around here that fit the numbers you talk about. Is there such a thing as a “West Coast Exception?” Alonzo, San Antonio, TX “Why do you charge a fee to join the Buyers Club? I can’t really afford that.” Motivational Thoughts for the day “If life were predictable it would cease to be life, and be without flavor." - Eleanor Roosevelt

It really went anywhere. They were just offline for a couple of months during the pandemic. And they are not fully back yet, but on the way. Short-term rentals may be one of the best ways to create cash flow out there. You can almost always make more than the going rental rate for a property. There are ways to mess this up for sure, but there are ways to make bank. Join Rich Munroe as he shares with us the latter. Rich offers information, guidance, and services for AirBnB operators. This is an income producer you should not ignore. We will talk about why they are great, with examples of the money you can make, how to find them, how to set up, furnish, list, market, and use the platform.  What is a super host and how can you become one? Or do you even want this? How to maximize a property’s potential cash flow. $3000/month instead of $1200.  Ways to get into this business with very little cash up front.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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:  In the midst of a pandemic, home sales see the largest monthly increase ever recorded! https://www.cnbc.com/2020/07/22/existing-home-sales-surge-nearly-21percent-in-june-the-highest-monthly-gain-on-record.html In the meantime, rental growth is at a 10-yr low. https://www.cnbc.com/2020/07/21/coronavirus-pandemic-cuts-rent-growth-to-a-decade-low.html One of the coolest nerdy things I’ve seen in quite awhile. The Attom Table of Data Elements.  Topic: AirBnB with Rich Munroe 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  

We are continuing our conversation today with Mark Dolfini and Glen Glasper on the topic of “Recession Investing.” You have some real wisdom and genuine experience coming your way, but perhaps the strongest moments of any show in recent memory are the closing statements by these two extraordinary gentlemen.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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:  In the midst of a pandemic, home sales see the largest monthly increase ever recorded! https://www.cnbc.com/2020/07/22/existing-home-sales-surge-nearly-21percent-in-june-the-highest-monthly-gain-on-record.html In the meantime, rental growth is at a 10-yr low. https://www.cnbc.com/2020/07/21/coronavirus-pandemic-cuts-rent-growth-to-a-decade-low.html One of the coolest nerdy things I’ve seen in quite awhile. The Attom Table of Data Elements.  Topic: Recession Investing, Mark Dolfini and Glen Glasper Motivational Thoughts for the day “Forgiveness is a very funny thing. It warms the heart and cools the sting.” William Arthur Ward  

We are in a recession. How does this change our behavior or our minds as real estate investors? What should be we watching? Where will the opportunities lie? Should we just move to the sideline until it passes? I’m joined today by two expert investors, Glenn Glasper and Mark Dolfini and we are going to answer these questions and much much more. Take heart - there IS opportunity out there. You just need to know what to look for and where to find it.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Recession Investing, Glenn Glasper and Mark Dolfini Some questions to get us started:  Motivational Thoughts for the day “The more generous we are, the more joyous we become. The more cooperative we are, the more valuable we become. The more enthusiastic we are, the more productive we become. The more serving we are, the more prosperous we become.” William Arthur Ward  

This is primarily a real estate show. But we also cover topics related to entrepreneurship, small business, and living a rich full life. One of our recent topics was “Multiple Income Streams.” I talked then about creating multiple streams of income from real estate, but today we are expanding that a bit into the buying and selling of businesses. I think what you’ll see in the next little while is a remarkable similarity between flipping properties and what is essentially the practice of flipping businesses. I’m joined today by Carl Allen who has made a career of this. And he’s going to talk to us about how, when, why, and where to get started. I’m going to be frank with you now - there are occasions on this show when I’ve finished an interview I call my wife and tell her, “this conversation was life-changing.” It doesn’t happen often, but today’s interview is one of those.  Carl Allen has worked on more than 330 transactions worth close to $48 billion. Over his 30-year career he has analyzed thousands of businesses big and small in 17 different countries across nearly every business sector, including technology, pharmaceuticals, transport and logistics, engineering, manufacturing, aerospace, consumer goods and services, business services, retail, professional services, finance, packaging, and corporate clothing. Carl first earned his reputation during his 16 years on Wall Street working for Bank of America, Hewlett-Packard, Forrester, and Gartner. There he advised some of the world’s largest corporations on investments, mergers, acquisitions, disposals, and restructuring... and helped hundreds of business owners raise both equity and debt financing.  Until he almost missed the birth of his second son… That’s when Carl quit the rat race and began brokering (and eventually buying) businesses for himself. Today he is considered one of the world’s premier experts on buying and financing small business acquisitions. He’s helping thousands of entrepreneurs all over the world buy existing, profitable small businesses that will immediately put money in their pockets. And best of all — he teaches them how to do this without using a dime of their own capital!  Visit www.dealmakerwealthsociety.com for more product information and Carl’s blog, Confessions of a Dealmaker. 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Buying and Selling Businesses, Carl Allen News The ONE factor driving home prices up - lack of inventory. https://www.realtor.com/research/june-2020-data/ I have been predicting a nationally averaged INCREASE of 2.8% in home prices for 2020. Here’s where we are at the mid-point. Can I just say I told you so? https://www.redfin.com/us-housing-market Questions Zach, Phoenix, AZ, “I’m looking at a couple of offers to re-fi an investment property. One is at 3 points and 8.5% on a 5/1 arm interest only. Payment 1289.17. The other is a 2 year 3pt 11.5% loan interest only. Payment $1,423.13. It seems obvious which is better, but the cheaper loan is loaded up with fees - almost $3000 in extra fees.  Deborah, Sarasota, FL “I moved here 18 months ago and left my home and my husband's former home in GA as rentals. We thought we were making a smart financial move, but right now, not so sure. We’ve had trouble with the tenants in both houses and it’s a long drive to go to Atlanta for eviction court. Both houses are paid for so the extra money is nice, but we are not sure it’s worth the hassle. What suggestions do you have?” William, Atlanta, GA “I heard you talking about the returns on the inexpensive houses in the BOR plan and you were talking about 30-40%. When I calculated I came up with 70-80%. I’m going to assume I’m the one that’s wrong, but where did I go wrong? House is 9,000, the payment is 500. That comes to 67% in my calculator. Are you underselling? Rowena, Pittsburgh, PA, “How do you rehab houses around the country?” Antwoin, Long Beach, CA “How do I build a buyers’ list?” Ellen, Athens TN, “I want to get into this so much. I’ve seen it on TV, now I’ve found your show. But I'm in the middle of nowhere. Is this even possible for me?  Motivational Thoughts for the day “Wise are those who learn that the bottom line doesn’t always have to be their top priority.” William Arthur Ward    

Today we are going to conclude our conversation with Darlene Coquerel regarding foreclosures.  The past two episodes have been great and there is no let down today. Then in the last segment I’m going to provide a condensed version of a new video we are working on called “How To Think.” Yes, we will be engaging in a little meta-cognition later on but don’t worry - it won’t hurt. In fact, I firmly believe it will help. We say “I’ll think about it” but then what do we do? Do you have any other tools in your thinking tool box besides a pros and cons list? You definitely want to hear this segment because I don’t believe your intelligence is fixed. I don’t believe your capacity to learn is set in stone. Even if you struggled in school I believe you can improve your thinking ability with some knowledge and practice. Thinking is a skill and must be informed, developed, practiced, and applied. Today I’m going to give you a preview about how to do this.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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: Interest rates dipped slightly and are still at an all time low. The average 30 year fixed now under 3% The best places to live in the US. https://realestate.usnews.com/places/rankings/best-places-to-retire Topic: Darlene Coquerel “How to Buy Foreclosures” pt 3 Motivational Thoughts for the day “Opportunities are like sunrises. If you wait too long you miss them.” William Arthur Ward  

We continue our call with Darlene Coquerel, the Queen of Foreclosures, and take questions from the live audience. If you would like to be a part of the live audience, either in person or online, be sure to visit www.flippingamericareia.com to learn the topics for the upcoming meetings and register to be on the call. The calls are recorded a bit in advance of their release as a show and podcast, but the news and questions are always coming from what’s in the in box on the day we put the rest of the show together.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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:  These ZIP codes had the highest gross profits for home flippers in Q1 2020. https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-zip-codes-with-highest-home-flipping-profits-in-q1-2020/ Topic: How to Buy Foreclosures, Darlene Coquerel Foreclosure information for all 50 states. https://www.nolo.com/legal-encyclopedia/50-state-chart-key-aspects-state-foreclosure-law.html Information about foreclosure laws. https://www.hg.org/foreclosure.html Nearly 8% of all mortgages are in forbearance. https://www.cnbc.com/2020/07/10/coronavirus-mortgage-bailout-sees-biggest-one-week-decline-yet.html How we can avoid repeating 2008. https://hbr.org/2020/07/how-banks-can-avoid-a-repeat-of-the-2008-foreclosure-crisis Questions:  Send questions to [email protected], or leave message at rogerblankenship.com, or call 877-55 ROGER (76437)  ext 1. Petra, Pittsburgh, PA “Doesn’t it seem like we are preying on the misfortunes of others to buy foreclosures?” Quinton, Milwaukee, WI “If I buy an REO is that the same as buying a foreclosure?  Roberta, Las Vegas, NV “When  I start searching for foreclosures, several websites come up in the results. I know they are ads, but I don’t know who I can trust. Do you have a list of trustworthy sources for buying foreclosures?” Motivational Thought for the day “Wise are those who learn that the bottom line doesn’t always have to be their top priority.” William Arthur Ward  

Some are saying that we are facing another housing crisis and the first sign of it will be exploding defaults and foreclosures after the bans are lifted. I DO agree there will be at least a bump in defaults and foreclosures. Why? Because some of the business that shut down will remain shut and there is a percentage of people out there who will not be able to find equivalent employment. This is going to create an opportunity for those who know how to put deals together, solve borrower problems, and/or those who have the cash to bid at the courthouse steps. So I went out and got the Queen of Foreclosures, Darlene Coquerel, to join us for a call with the Flipping America REIA. It has been one of the most popular calls we’ve ever done and the content is going to take a couple of episodes to share with you, perhaps more. I’ve bought quite a few foreclosures myself - over 700 - but Darlene once bought that many in a single day. Between the two of us we know a thing or two about the process. And we are going to get that to you in just a moment.  Music intro I don’t quite believe our housing market will be wrecked and here are my reasons why:  Most of the forbearance agreements are allowing the forgiven amounts to be added to the end of the loans and therefore when prior employment returns, ability to repay returns in like manner.  We started this pandemic with a critical housing shortage. New home construction has declined, thus exacerbating the situation. Interest rates are at an all time low. Increased demand and low interest rates may keep price pressure upward.  There may be a bump in the number of foreclosures but this will be offset by the factors I just mentioned.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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:  These ZIP codes had the highest gross profits for home flippers in Q1 2020. https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-zip-codes-with-highest-home-flipping-profits-in-q1-2020/ Topic: How to Buy Foreclosures, Darlene Coquerel Foreclosure information for all 50 states. https://www.nolo.com/legal-encyclopedia/50-state-chart-key-aspects-state-foreclosure-law.html Information about foreclosure laws. https://www.hg.org/foreclosure.html Nearly 8% of all mortgages are in forbearance. https://www.cnbc.com/2020/07/10/coronavirus-mortgage-bailout-sees-biggest-one-week-decline-yet.html How we can avoid repeating 2008. https://hbr.org/2020/07/how-banks-can-avoid-a-repeat-of-the-2008-foreclosure-crisis Questions:  Send questions to [email protected], or leave message at rogerblankenship.com, or call 877-55 ROGER (76437)  ext 1. Melvin, Port St. Lucie, FL “How much money should I take to the courthouse to bid on a foreclosure?” Petra, Pittsburgh, PA “Doesn’t it seem like we are preying on the misfortunes of others to buy foreclosures?” Motivational Thought for the day “God gave you a gift of 86,400 seconds today. Have you used one to say 'thank you?'” William Arthur Ward  

You spend your energy building up your business, your real estate holdings, and finally you are set. Except for perhaps one thing. The thing about having money is, there are unscrupulous people out there who spend time trying to figure out how to get their hands on other people’s money. If you don’t think they will come after you, think again. And then there are things that just happen. That’s called “life.” You do not want bad news in one of your properties to affect your other properties and businesses, right? Protect yourself. Today we have Brian Bradley coming along to talk to us about how to put together a plan that includes LLCs, holding companies, trusts, and off-shore companies. It can get a little complicated, but it’s also something you can understand when your life situation warrants this.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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 most affordable counties in the US. https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-counties-where-buying-a-home-is-most-affordable/ Good article talking about home buying and why your primary home shouldn’t be considered an investment. It’s more like a low or no-interest savings account. https://www.investopedia.com/articles/mortages-real-estate/11/the-truth-about-the-real-estate-market.asp Topic: Asset Protection, Brian Bradley Bradley Legal Corp.  www.btblegal.com [email protected] 1. What really is asset protection?  2. What has changed in the legal system over the decades that has made asset protection so important?  3. What are asset protection trusts and what are the pros and cons of setting them up Domestically vs Offshore? And can you actually combine the both together for a “best of both worlds”?  4. What are common misconceptions and problems you see people are doing or have?  5. With your clients, what are some real world results that you have seen? Gross is vanity, net is sanity cash is king. Questions: Arlene, Villages of Ocala, FL “My husband and I retired and moved here from Milwaukee five years ago. We have 14 rental properties up there. We live off of our pensions and the income from those properties. He passed away a year ago and I don’t know what to do. A friend said I should tune in to your show so I did on WAMF 97.7. I hope you can help me. Michael my husband did most of the work concerning the rentals. I don’t really know anything about them and don’t want to. I get a nice income from them, but I worry about making repairs or hiring a handyman. One tenant is having a problem with their furnace and called me a lot over the past few months. Do you have any suggestions?” Luther, Long Beach, CA “I’ve heard about the 1% rule - even heard you talking about it. It’s just not possible here. A decent 3br house costs more than half a mil and rents for about 2500-3000. I can afford to buy one, but I don’t think it will make money. What do you recommend?” Alyssa, Birmingham, AL “When you buy rental properties, do you stick to your own neighborhood where you know the values or do you branch out to other parts of town where the homes might be cheaper but the neighborhoods sketchier? We live in a part of Birmingham called Homewood and the homes are more expensive here.” Motivational Thoughts for the day “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” William Arthur Ward

This time we conclude the call from last time talking about Property Management. When we left off we were sharing some crazy stories about tenants and just about to start talking about crazy owners. We are visiting with Matthew Whitaker from GK Houses and Christopher Ladd from Great Jones, two large property management companies. They are answering my questions and some from the audience on the call and laying the wisdom on 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: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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:  We saw this coming, but it’s coming back. https://www.attomdata.com/news/market-trends/home-sales-prices/home-prices-show-first-signs-of-stalling-amid-pandemic-in-some-areas-of-the-nation/ Another large credible research firm says home prices will drop this year. I am predicting otherwise. Great data here for all you stats junkies. I conclude differently based on additional data.  https://www.noradarealestate.com/blog/housing-market-predictions/  Topic: Property Management, Matthew and Christopher  Some questions to get us started:  Most of us buy our first rental house and attempt to manage it ourselves. What are some of the most important things we need to know if we plan to self-manage? What are some of the biggest pitfalls for landlords self-managing? If we only have a few rentals and self-manage, do we really need to know all the regulations about fair housing rules and so forth or are we exempt? Where can we go to learn the housing rules to make sure we are in compliance? What are some ways I can find good tenants for my properties? How do I appropriately and legally vet tenant applicants?  How can I learn whether a prospective tenant has been evicted? You can’t fully control people - what is the craziest thing you’ve seen a tenant do (that you are allowed to talk about) Where can the average person get a good lease to use? What some typical problems tenants have and some ways to prevent them? How do you draw the line between normal wear and tear and reason to retain security deposit? At what point does it make sense to hire a management company? Just in case I have a property in a city where you are not located :) what criteria should i use in selecting a property management company? When vetting a management company, what are some red flags? What does the rest of this year look like for rental property demand? How has managing rentals impacted your view of humanity in general? What are your top 3 pointers for landlords or potential landlords? Questions: Alison, Fort Worth, TX “I’m a married mom, work part-time. My husband is a cop. We are comfortable, but don’t have a lot of extra money. We have saved about $30,000 to invest in real estate. We are thinking about those inexpensive houses you talk about. But we wonder it that’s the best course of action for us right now.” Henry, Knoxville, TN “Flip houses or own rentals. Which is best?” Sandra, Louisville, KY “What is the best way to determine if a property is a deal? Is there some sort of calculator or program for that?” Louisa, Pittsburgh, PA “I’m interested in starting a local Flipping America Chapter. What do I do?”  Motivational Thoughts for the day “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” William Arthur Ward  

You buy income properties at least partially for the income. Your property management choices can have a dramatic effect on whether you actually HAVE any income left after expenses. Is this something you can do yourself? Do you need to hire outside management? If so, when? We will talk about: Why most people have a bad experience when they rent out a house. How to recover from that bad experience. The basics of property management The rules. Marketing for tenants Managing tenants Getting rid of bad tenants Creating long-term tenant relationships Available resources online 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Property Management, Matthew and Christopher  Some questions to get us started:  Most of us buy our first rental house and attempt to manage it ourselves. What are some of the most important things we need to know if we plan to self-manage? What are some of the biggest pitfalls for landlords self-managing? If we only have a few rentals and self-manage, do we really need to know all the regulations about fair housing rules and so forth or are we exempt? Where can we go to learn the housing rules to make sure we are in compliance? What are some ways I can find good tenants for my properties? How do I appropriately and legally vet tenant applicants?  How can I learn whether a prospective tenant has been evicted? You can’t fully control people - what is the craziest thing you’ve seen a tenant do (that you are allowed to talk about) Where can the average person get a good lease to use? What some typical problems tenants have and some ways to prevent them? How do you draw the line between normal wear and tear and reason to retain security deposit? At what point does it make sense to hire a management company? Just in case I have a property in a city where you are not located :) what criteria should i use in selecting a property management company? When vetting a management company, what are some red flags? What does the rest of this year look like for rental property demand? How has managing rentals impacted your view of humanity in general? What are your top 3 pointers for landlords or potential landlords? Motivational Thoughts for the day “Adversity causes some to break. It causes others to break records.” William Arthur Ward  

Last time we started the conversation with Darlene Coquerel about how to get going as a real estate investor when you have no money at all. If you missed episode 385 you might want to hear that before you listen to this show, which is the conclusion of the call. The topic title is “From Broke to Booming” and we are not merely showing you how to get started with no money, but also how to grow and scale your business, build a “snowball” of success and turn that into an avalanche. Here is the great part - this is within your reach. If you truly want to be a real estate investor you can. If you have nothing right now, it may take a little bit longer, but once you start the train rolling down the tracks, the momentum can carry you for a long time.

More than thirty million Americans are currently unemployed. Many of them do not have several months of cash reserves for emergencies. And many are turning to real estate as an opportunity to help them no longer rely on their employer for all of their income. Some desire to break from the corporate world and become professional real estate investors.  It’s tough to do when you’re broke.  Real estate takes money. But the great news is, it doesn’t have to be YOUR money. There is a river of money flowing from buyers to sellers. Today we are going to teach you how to dip a toe in, and then wade out into that river with your buckets in hand. 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Broke to Booming, with Darlene Coquerel Motivational Thoughts for the day “I don’t run away from a challenge because I am afraid. Instead, I run towards it because the only way to escape fear is to trample it beneath your foot.”  Nadia Comaneci  

Today we conclude the conversation we started last time with Dr. David Janssen. We are talking about personality types, learning styles, and other characteristics that create our Divine Design. What does this have to do with real estate investing? I’m glad you asked. If we know ourselves well, we will know there are certain things we shouldn’t try. But that’s ok, because there are a lot of other options out there for us.  As we know ourselves we begin to understand why other people act the way they do and gradually we come to accept then appreciate and then deeply value those differences. This is a vital step in maturity. Master this and you will unlock relationship secrets that can set your life and your business on fire.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Divine Design, with Dr. David Janssen Motivational Thoughts for the day “You can’t be brave if you’ve only had wonderful things happen to you.” Mary Tyler Moore

“Know Thyself.” If you can do this, you have a much better chance of succeeding in life and work. You also have a much better chance of knowing, valuing, and relating to other people. To know yourself is the beginning of understanding the differences and learning to value those differences. In just a few moments we are going to join a recent call we did for the Flipping America REIA. Our guest is Dr. David Janssen, a specialist in the area of personality make-up. His theory is something he calls Divine Design which is a combination of personality, learning styles, training and experience, upbringing and environment, and much more. Truly a fascinating call and while we were going along, I was trying my best to show you how understanding your own tendencies can help you select (or NOT select) certain real estate techniques or strategies.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic:  News: Consumer Finance Protection Bureau is moving forward with its proposal to amend the qualified mortgage definition in Regulation Z to replace the DTI limit of 43% with a price-based approach https://www.housingwire.com/articles/cfpb-to-eliminate-dti-requirement-from-qualified-mortgage/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=90014163&_hsenc=p2ANqtz-9m3xda5F9B-Sc5jgsf6qcbe6qqpVCtvK4GFuIiBnFWO1xFYflKeXztYQBDUhRkssYEeilyKWcZ8o-OaW7oUGjjTJd_MNrxRewfIyIf71qaEmCuTd4&utm_content=90014163&utm_source=hs_email Sales are up! https://www.housingwire.com/articles/sales-of-new-houses-spike-in-may-on-low-rates/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=90098130&_hsenc=p2ANqtz-_mw-ddjcZxHgRPMI3GgFmBCT6noV6b5-LFTvqF3FmJ7zMnbql8fiZNR7EnHvVhMVAboa16J0A6ELS067mfOburMUpg7H4QLpbKuC2pFkRSpkRkGyY&utm_content=90098130&utm_source=hs_email There are things you won’t see when taking a virtual tour: https://realestate.usnews.com/real-estate/articles/things-to-consider-when-taking-a-virtual-home-tour Thinking about REITS? Consider these: https://money.usnews.com/investing/real-estate-investments/slideshows/best-apartment-reits-to-own-for-a-rental-market-slump Questions: Send your questions to [email protected] Motivational Thoughts for the day “One of the most important gifts a parent can give a child is the gift of accepting that child's uniqueness. Fred Rogers

Would you ever consider investing with someone who has never lost money on a deal? That would certainly get my attention. I can’t make that claim - I’ve lost money on a few. But today I’m going to have on the show a young man who so far is batting 1000. He’s never lost money on a deal. And he’s been at it for awhile. Blake Templeton is an international motivational speaker, author of the new book ‘The Solomon Way’, With 14 years in business, and 300+ transactions, not one single investor has ever lost money. They are on track to have $100M under management within the next 12 months. I’ve never had someone do this on the show either, but Blake is going to tell us how the wisdom of King Solomon is a model upon which  to build a Financial Fortress We are also going to discuss his  3 Dimensional Investment strategy, talk about what that means and how we can use it. All this and more coming right up.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic:  News: There are things you won’t see when taking a virtual tour: https://realestate.usnews.com/real-estate/articles/things-to-consider-when-taking-a-virtual-home-tour Thinking about REITS? Consider these: https://money.usnews.com/investing/real-estate-investments/slideshows/best-apartment-reits-to-own-for-a-rental-market-slump Can you trust a USA Today poll? https://www.usatoday.com/story/money/2020/04/25/coronavirus-housing-market-pessimism-recession-home-buyers-sellers/3026595001/ It’s not an agenda or bias, it’s just a failure to understand the bigger picture.  Mystery: Home sales volume drops, but prices remain steady? Brilliant: many homeowners who lose their jobs and incomes will struggle to hold onto their homes You cannot declare a housing “trend” with data from any one-month period. This has never been more true than during the sudden economic upheaval created by the coronavirus and worldwide lockdown. We should probably set aside our normal macro-economic models for awhile and just see what happens when things open back up. Unprecedented events like this create difficulty for prognosticators. So the experts tend to draw on what they know, or from prior events they see as somehow similar or analogous to the current situation. I’m choosing to focus not on cyclical schedules, or stats produced one month after a worldwide shutdown. Instead, I focus on market fundamentals. Interest rates, Avg. days on market, foreclosure and default rates, available inventory, new home starts, and the economy as a whole. The last two are challenged right now. But our calls to investors and realtors on the streets and in the trenches say the market remains strong.  Questions: Send your questions to [email protected] Toya, Atlanta, GA “With a subject too can you do what you want with the property sell, rent, etc.” Armond, Macon, GA “I’ve heard from some long-time brokers that most banks are wise to the veil of a land trust when doing sub-to, and it’s simpler to just disclose the transfer of ownership to the lender upfront when changing/starting the home insurance policy. What do you guys think? Anthony, Atlanta, GA “When someone is on a ~30 day foreclosure timeline and has a 2nd lien that you want to short, is it generally feasible to get the short sale done in that short time frame? Normal short sales take months usually if I’m not mistaken.
.” Jessie, Chattanooga, TN “How can I get one of those $10,000 houses you speak of?” Ben, Columbus, GA “What’s the best way for a non-real estate agent to get comps?” Motivational Thoughts for the day “A wise man will make more opportunities than he finds.” Francis Bacon    

It’s OK to start small. But if you start well, and build disciplines around expenses, cash flow and reinvestment of profits, your business will grow and grow until it becomes a juggernaut, which is an unstoppable force, not a bad guy in Marvel comics.  Jason Pero was born and raised in Erie, PA and attended college at nearby Westminster. After college Jason began a sales career in pharmaceutical and medical device sales. He started his real estate investing career in 2001 when he and his wife purchased their first duplex. He built a portfolio of real estate rental properties while working a career as a medical sales representative. He was able to leave his job in 2012 as the portfolio grew to nearly 300 units. Currently Jason owns around 900 rental apartments. He is the President of his local landlord Apartment Association and a frequent guest on podcasts and occasional speaker at real estate investing conferences. Jason enjoys coaching and mentoring both seasoned and beginner real estate investors. He continues to grow his real estate business but enjoys spending his free time working out, traveling, relaxing with family and friends, attending sporting events and concerts. 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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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: Based on internet searches, it appears that people are looking to leave the cities for the suburbs in light of the pandemic. https://www.cnbc.com/2020/06/18/coronavirus-update-people-flee-cities-to-live-in-suburbs.html Here’s a new trend: The Back Yard Tiny House or Studio Shed https://www.cnbc.com/video/2020/06/18/backyard-office-spaces-gaining-popularity-after-coronavirus-pandemic.html Five things to watch in housing https://www.forbes.com/sites/dimawilliams/2020/05/15/five-indicators-to-watch-in-the-housing-market-recovery-from-the-coronavirus/#2a32b7e35f06 Questions: Send your questions to [email protected] Greg, Knoxville, TN “New listener here. Please tell me more about the Flipping America REIA.” Motivational Thoughts for the day “If we cannot end now our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal. ― John Kennedy [Commencement Address at American University, June 10 1963]    

Today we conclude the presentation from last time about how to build your personal network. Plus I have a bunch of questions from you and I’m going to give you some answers.  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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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: Quicken Loans has filed for an IPO. Could be the the biggest of 2020. Mortgage rates are at 2.9% - the lowest in history! Credit availability is still tight - toughest in 6 years - across all loan types.  Mortgage applications are up for the 8th straight week. Part one: why we won’t see a spike in foreclosures https://www.housingwire.com/articles/pulse-does-the-mortgage-industry-view-foreclosure-as-a-last-resort/ Nice explanation of how lots of foreclosures damage value. https://www.housingwire.com/articles/pulse-how-should-we-think-about-foreclosures/ The answer is “yes” https://www.housingwire.com/articles/pulse-will-servicers-be-able-to-flatten-the-curve-in-foreclosures/?utm_medium=email&_hsmi=89019253&_hsenc=p2ANqtz-88RdfAMYsnRkdgeO868tu2jqH2ccT1q_CtAjF4T0RA7j1aRZpn8dxfpx2LKSq1vOSt3gaEKC9wujKQZF7wY36e6NesRyBSorJyACtGTROhSShwVAU&utm_content=89019253&utm_source=hs_email Paul Centopani from National Mortgage News is predicting home prices will recover fastest in cities that have a lot of IT and finance jobs.  Housing Starts rose 4.3% in May, which sounds good until you hear that a 22% increase had been expected.  CEO of Opimus says the US economy is bouncing back nicely. Housing is going to lead the economic recovery. https://www.cnbc.com/2020/06/16/coronavirus-update-homebuilder-sentiment-posts-biggest-monthly-surge-ever.html The average lease of a Manhattan apartment plunged 62% year over year in May. High end apartment lease prices are dropping all over the country.  Questions: Send your questions to [email protected] Jay, Atlanta, GA “Where can I get a list of foreclosures?” Sandy, Mentone, AL “How would you approach real estate investing if you live in a small town?” Daniel, Jacksonville, FL “I hear your prophecy about foreclosures and home prices and I think you’re right. But I wonder what this means for me as an investor. Should I be doing something about this info?”  Carolyn, Boulder, CO “Do you have suggestions for actually seeing a home when the seller is concerned about the pandemic?” Marvin, Washington, DC “Should I start with wholesaling and move up to fix and flips?” Aaron, Harrisburg, PA “Thanks for this information and for answering everyone’s questions. I’m wondering where you think the best opportunities are for new investors?” John, Pittsburgh, PA, “We have a house that is just over 100 years old. The foundation is good. We can make a little money if we remodel what is here and sell. If we add 600 more square feet, out back of the house, we can create a cool floor plan and sell for a lot more. Theoretically we will make a lot more, but it will take a lot longer to do. I think there are unforeseen problems with that plan, but I don’t know what they could be. Can you help me here? Willa Fae, New Port Richey, FL “I have 12 rental houses. Seven of them are paid off. The other five are more than half paid off. I watched a webinar the other day and the gentleman was teaching about returns on rental properties. He said something about return on equity I didn’t fully understand, but I get the idea I should be re-financing all my properties to get the best return. I don’t know what he meant, but I know I’d be putting less money in my pocket every month and I need this to live on. I’m 74 years old and my husband died ten years ago.” Motivational Thoughts for the day “If we cannot end now our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal. ― John Kennedy [Commencement Address at American University, June 10 1963]  

They say your Network is your Net Worth. That may be true and if it is, building your network could be one of the most important things you will do. If you make yourself attractive or credible enough people will reach out to you. I’m going to show you how to accomplish this and no, it’s not a diet and workout lesson. I’m also going to talk through the steps and key principles for intentionally growing your network with the kind of people that will help you grow your net worth. 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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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. Questions: Send your questions to [email protected] Motivational Thoughts for the day “A wise man can learn more from a foolish question than a fool can learn from a wise answer.” ― Bruce Lee  

Today we are concluding our conversation with Chris Larsen about how to make a million dollars in real estate. There are multiple paths. We’ve laid out a path in single family and in multi-family for you, but there are other options as well.   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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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. Topic: Investing with Your Self-Directed IRA News: https://www.worldpropertyjournal.com/real-estate-news/united-states/los-angeles-real-estate-news/california-real-estate-news-california-association-of-realtors-california-home-sales-april-2020-impact-of-the-coronavirus-outbreak-on-california-home-sales-11961.php https://www.worldpropertyjournal.com/real-estate-news/united-states/denver-real-estate-news/real-estate-news-pending-home-sales-index-april-2020-phsi-for-april-lawrence-yun-national-association-of-realtors-11964.php https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-zillow-april-2020-real-estate-market-report-coronavirus-impact-on-home-rental-prices-covid-19-home-sales-report-11960.php https://www.worldpropertyjournal.com/real-estate-news/united-states/ Questions: Send your questions to [email protected] Motivational Thoughts for the day Nelson Mandela: “The greatest glory in living lies not in never falling, but in rising up every time we fall.”    

Your life is a combination of repeated tasks and special projects. Repeated tasks include all of your regular weekly, daily and monthly routines. These are essential to your life and while they may have some variety (i.e. beans instead of fish for supper), their repetition minimizes the need for special or extra-ordinary intervention from your brain. Special projects are those things that interrupt or supplement the normal routine. Weddings, major purchases, moving, special events, and business launches are examples. At work you will have a similar combination of routine activities that keep the business moving forward and special projects that might start something new, improve some routine process, or be some other type of one off or seldom repeated set of tasks. These are projects.  You have projects at work, you have projects at home. You HAD projects in school, but hopefully at some point you learned some basics of project management so you can now avoid the mediocre results of deadline-induced all-nighters.  This is the topic today and the premise is this: If you learn to manage a project well and apply principles of good project management to all projects, your work and your personal life will improve. Today I’m helping you push to become the best version of yourself.  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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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. Topic: Investing with Your Self-Directed IRA News: The coronavirus is killing Cali RE sales.  https://www.worldpropertyjournal.com/real-estate-news/united-states/los-angeles-real-estate-news/california-real-estate-news-california-association-of-realtors-california-home-sales-april-2020-impact-of-the-coronavirus-outbreak-on-california-home-sales-11961.php https://www.worldpropertyjournal.com/real-estate-news/united-states/denver-real-estate-news/real-estate-news-pending-home-sales-index-april-2020-phsi-for-april-lawrence-yun-national-association-of-realtors-11964.php https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-zillow-april-2020-real-estate-market-report-coronavirus-impact-on-home-rental-prices-covid-19-home-sales-report-11960.php https://www.worldpropertyjournal.com/real-estate-news/united-states/ Questions: Send your questions to [email protected]  Adrian, Tampa “What is your thinking now about the rebound curve of the recovery?” Motivational Thoughts for the day “When you think about stopping, think about why you started.” -Anon 

They say there are two inevitabilities in this life: Death and Taxes. We won’t tell you that you can completely avoid taxes, but you can minimize them with the right strategies and there are some cases where you can avoid taxes all together. The Self-Directed IRA is our topic for tonight and in a few moments we are going to show you how you can make a million dollars or even more in your Self-Directed IRA and not pay taxes. Mike Ventry is joining us. He is the Director of Business Development for American IRA, one of our sponsors. We are joining the call in just a moment and will proceed with limited commercial interruption as we cover this important topic.  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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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. Topic: Investing with Your Self-Directed IRA News: https://www.worldpropertyjournal.com/real-estate-news/united-states/los-angeles-real-estate-news/california-real-estate-news-california-association-of-realtors-california-home-sales-april-2020-impact-of-the-coronavirus-outbreak-on-california-home-sales-11961.php https://www.worldpropertyjournal.com/real-estate-news/united-states/denver-real-estate-news/real-estate-news-pending-home-sales-index-april-2020-phsi-for-april-lawrence-yun-national-association-of-realtors-11964.php https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-zillow-april-2020-real-estate-market-report-coronavirus-impact-on-home-rental-prices-covid-19-home-sales-report-11960.php https://www.worldpropertyjournal.com/real-estate-news/united-states/ Motivational Thoughts for the day “One of the secrets of growing wealth is compounding interest. With a Roth IRA, you can compound the return on the money that would have otherwise been sent to the IRS. This is brilliance.” – Roger Blankenship

Imagine standing in front of someone you need to impress (a date?, investors, potential clients, home-sellers?) with complete confidence. We’re not talking about false bravado or an over-inflated ego disconnected from reality. We’re talking about confidence that comes from preparation, skill development, knowledge, experience, and a thorough understanding of your weaknesses and what you have done to address them.  Confident people do better in business and in life. They generally report a higher level of happiness and life satisfaction. Some people just seem to be brimming with natural confidence. It’s tempting to think they have always been that way, but life experiences and choices shape each of us into the person we are. No one is born more confident than anyone else. The good news is you can gain confidence at any stage in your life. It’s never too late to learn the skills, begin the behaviors, and see results. Realistic confidence is not necessarily connected to your looks, your weight, your brains, but very much connected to a realistic self-understanding and awareness. If you are lacking a little bit of confidence we are going to help you tonight. 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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.  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. Topic: Confidence News: https://www.worldpropertyjournal.com/real-estate-news/united-states/los-angeles-real-estate-news/california-real-estate-news-california-association-of-realtors-california-home-sales-april-2020-impact-of-the-coronavirus-outbreak-on-california-home-sales-11961.php https://www.worldpropertyjournal.com/real-estate-news/united-states/denver-real-estate-news/real-estate-news-pending-home-sales-index-april-2020-phsi-for-april-lawrence-yun-national-association-of-realtors-11964.php https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-zillow-april-2020-real-estate-market-report-coronavirus-impact-on-home-rental-prices-covid-19-home-sales-report-11960.php https://www.worldpropertyjournal.com/real-estate-news/united-states/ Questions: Send your questions to [email protected] Motivational Thoughts for the day It is confidence in our bodies, minds, and spirits that allows us to keep looking for new adventures. — Oprah Winfrey If you hear a voice within you say ‘you cannot paint,’ then by all means paint, and that voice will be silenced. –Vincent Van Gogh Love yourself first and everything else falls into line. You really have to love yourself to get anything done in this world. – Lucille Ball Just believe in yourself. Even if you don’t, pretend that you do and, at some point, you will. – Venus Williams

We continue today in our conversation about Creative Deal Structures with Don Derosa. As we left off last time we were about to have a pile of wisdom and experience laid on us. In a few minutes I’m going to start the recording up again - I’ll back it up a little bit so you have some context, but Don is going to share some key principles with you about getting these deals done.   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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome 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. Topic: Creative Deal Structuring News: https://www.worldpropertyjournal.com/real-estate-news/united-states/los-angeles-real-estate-news/california-real-estate-news-california-association-of-realtors-california-home-sales-april-2020-impact-of-the-coronavirus-outbreak-on-california-home-sales-11961.php https://www.worldpropertyjournal.com/real-estate-news/united-states/denver-real-estate-news/real-estate-news-pending-home-sales-index-april-2020-phsi-for-april-lawrence-yun-national-association-of-realtors-11964.php https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-zillow-april-2020-real-estate-market-report-coronavirus-impact-on-home-rental-prices-covid-19-home-sales-report-11960.php https://www.worldpropertyjournal.com/real-estate-news/united-states/ Questions: Send your questions to [email protected] Motivational Thoughts for the day “Landlords grow rich in their sleep without working, risking or economising.” John Stuart Mill, English philosopher and economist

In the coming months we are going to see a bump in the number of distressed homeowners who need an offer “right now.” Many homeowners do not have enough equity or the ability to discount their houses low enough for there to be an opportunity for an investor to make money. Unless you know how to creatively structure deals to minimize your cash outlays. That’s the topic for the next couple of episodes. Don DeRosa buys a dozen or more houses every year and most of the time he buys using a creative deal structure. He’s joining us today and next time to talk about how this is done.  We will be talking about subject-to, mortgage wraps, lease sandwiches, and other options that will allow you to not only say yes to more deals, but get more sellers to say yes to your offers.  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 [email protected]. 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/CivicFinancial Bay Mountain Capital, lending in the southeastern region FlipStarter Online! www.flipstarteronline.com The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome 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 data behind the rebounding housing market.  https://www.housingwire.com/articles/is-the-housing-market-already-rebounding-from-covid-19/?utm_medium=email&_hsmi=88519514&_hsenc=p2ANqtz-8OlEbOlgHJcSWCTHkpfY4T7P7snHTuJ5kEX4fG__LG7ZoLE3A-RYuoduQeX62Q6B5A97gjnsMYbb0jPV6-WN92d4QIC2yBWtC2yfatOpofvk9eFW4&utm_content=88519514&utm_source=hs_email Questions: Send your questions to [email protected] Elwood, Knoxville, TN “Would you recommend a person start out with single family homes and move up to apartments?” Patrick, Pittsburgh, PA “How do I buy one of those ten thousand dollar houses I hear you talking about. Where do you find them?  bit.ly/rogersbuyerslist Carmen, Long Beach California, “How is the real estate market even surviving? No one is allowed to look at homes or show them. I don’t think people are going to buy their next home without having set foot in it first. But from what I hear, the real estate market is doing ok. How is this so?” Motivational Thoughts for the day “Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” Andrew Carnegie – Scottish businessman and philanthropist

Today we conclude the conversation with Ramon Tookes and John Durham on the topic we titled, “Some Like it Hot”. We are looking for hot markets, hot products in those markets, and hot deals. We also took a number of questions from the audience during the call and we are sharing it all with you here. The first two installments from this call were part of the previous two episodes. You’ll want to listen to Episodes 369 and 370 at some point. We will join the conversation in a few moments. Then we have some news updates and some of your questions, which we will address.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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 data behind the rebounding housing market.  https://www.housingwire.com/articles/is-the-housing-market-already-rebounding-from-covid-19/?utm_medium=email&_hsmi=88519514&_hsenc=p2ANqtz-8OlEbOlgHJcSWCTHkpfY4T7P7snHTuJ5kEX4fG__LG7ZoLE3A-RYuoduQeX62Q6B5A97gjnsMYbb0jPV6-WN92d4QIC2yBWtC2yfatOpofvk9eFW4&utm_content=88519514&utm_source=hs_email Questions: Send your questions to [email protected] Motivational Thoughts for the day “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” Warren Buffet

We are continuing the conversation today with Ramon Tookes and John Durham on the topic we titled, “Some Like it Hot”. We are looking for hot markets, hot products in those markets, and hot deals. We also took a number of questions from the audience during the call and we are sharing it all with you here. We will join the conversation in a few moments. This part two of three parts. If you missed the beginning of the conversation be sure at some point to go back and listen to Episode 369.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: "Hot Markets, Hot Products, Hot Deals" Questions: Send your questions to [email protected] Shamika, Knoxville, TN, “Where do I need to start to get $1000 month cash flow?No previous real estate experience  Want to start building a portfolio. Desired- Buy n hold In a Class B neighborhood ( Knoxx county) Farragut /North Knoxville Ideal-Multi family 4x unit. My hubby is retired. I work overseas 80k year.We own our property Credit is 700+ Please advise.” Thks Shamika (Knoxville, Tn) Grady, Jacksonville, FL “I’ve been laid off due to the coronavirus. I’ve been delivering food for grubhub and uber eats but this is not a career path. How can I get started into what you do?” Motivational Thoughts for the day “The major fortunes in America have been made in land.” John D. Rockefeller

I believe every meeting we hold and every call we conduct provides great information that you need and want. We almost always, in my humble opinion, we hit that mark. I take pride in the fact that this show is carefully researched, thoughtfully constructed, and reasonably presented to add incredible value to the life of anyone interested in real estate investing. But occasionally we move the needle from really good to amazing. And that’s what happened on a recent call with Ramon Tookes and John Durham. The topic was “Some Like it Hot”. The conversation was informative, inspirational, entertaining, and long. The call went on for a record two hours - the longest in the brief history of the Flipping America REIA. There’s so much content here I think it will fill most of the next three episodes of Flipping America. Brace yourselves America, we are going to hear a quick message from our sponsor Civic Financial and then it’s on to the call.    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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Hot Markets, Hot Products, Hot Deals Questions: Send your questions to [email protected] Motivational Thoughts for the day “The right to private property meant at the same time the right and duty to be personally concerned about your own well-being, to be personally concerned about your family’s income, to be personally concerned about your future. This is hard work.” Mikhail Khodorkovsky

We continue today the conversation we started last time with Mark Dolfini and Tom Zeeb. We are talking about the recovery after the coronavirus shutdowns end and where we think real estate will be. Mark is a buy and hold investor in Indianapolis and Tom is a wholesaler in Washington DC. It’s tough to predict outcomes from something unprecedented like this, but we are going to try anyway.   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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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: Further evidence that we are NOT going to see a spike in foreclosures. https://www.housingwire.com/articles/fannie-mae-freddie-mac-borrowers-in-forbearance-can-defer-all-missed-payments-until-the-end-of-their-loan/?utm_source=hs_email&utm_medium=email&utm_content=87898438&_hsenc=p2ANqtz--TOyf49q9tKoSRwCQZhMjj8FrtTlEy1a1l29czCyewXxduD53BdaAcgjom3a15E4Oa1liBWTxCLZRzdD4XXZ5LTujqNx28dRCXynXQS9Do2798-fY&_hsmi=87898438 Questions: Send your questions to [email protected] Motivational Thoughts for the day “In any market, in any country, there are developers who make money. So I say all of this doom and gloom, but there will always be people who make money, because people always want homes.” Sarah Beeny

The economy can’t stay closed forever. And when it reopens it might not open all at once everywhere. Many experts now are beginning to believe that real estate will lead a resurgence that could impact the entire economy. What shape will it take? We are joined today by my good friends Tom Zeeb and Mark Dolfini. These are high volume investors from Washington DC and Indianapolis respectively and they will weigh in on this important topic.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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: Further evidence that we are NOT going to see a spike in foreclosures. https://www.housingwire.com/articles/fannie-mae-freddie-mac-borrowers-in-forbearance-can-defer-all-missed-payments-until-the-end-of-their-loan/?utm_source=hs_email&utm_medium=email&utm_content=87898438&_hsenc=p2ANqtz--TOyf49q9tKoSRwCQZhMjj8FrtTlEy1a1l29czCyewXxduD53BdaAcgjom3a15E4Oa1liBWTxCLZRzdD4XXZ5LTujqNx28dRCXynXQS9Do2798-fY&_hsmi=87898438 Questions: Send your questions to [email protected] Motivational Thoughts for the day “Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.” Russell Sage, American Financier and Politician

We sometimes take technology for granted in our world. I’m not going to turn this into your daddy’s talk about how he had to walk to school every day 5 miles, uphill each way in rain or snow. But I will tell you that when I started in this business TVs were not flat and phones didn’t take pictures or send emails. Yes things have come a long way and this is not just to tell you that I’m old or I’ve been at this a long time. Both of those are true, but the point is, technological advances make it easier for us to do our jobs as real estate investors. I hope i don’t get to the point (as I know some of my friends have) where I say “I just don’t want to learn another new technology.” That statement ultimately deprives us of conveniences and advances. Besides, one way to fight dementia is to keep learning and keep the brain active. So there.  Today we are joined by technology whiz Nick Baldo. Nick started young - just out of college in his hometown of Buffalo, NY and hit the ground running with today’s tech. In time he realized that not everyone made the best use of the technology and seeing a need, he created a niche and another income stream. This my friends is how you do it. Add related businesses and generate income. But this isn’t the Multiple Income Streams show - this is the Real Estate Technology show, so we will get to that in just 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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 shut-downs continue across the country blamed on the corona virus, but now I see an element of politics being injected into the process. Please be a part of what makes this country great. Be a risk-taker. Get out there - do your business. After the initial sheltering worked to keep our hospitals from being overwhelmed, we should assume the mantle of courageous Americans that has forged our incredible history and get this country back to work. Let’s continue to protect the medically fragile, but let us never give in to fear or to the taking away of our freedoms because of someone else’s fear. Ultimately, there is a good chance we will all contract the virus. There’s also a good chance you already have and had no symptoms. Did you know this will be the case with 99% of people who contract the virus? 1% of those people exposed will show some type of significant health problem and of that 1%, 10% will die. It is tragic when anyone’s life is cut short. But it happens tens of thousands of times every single day. You have more risk going anywhere in a car. Since when did our great country become a people who cower in fear? Since when did our people let industries fail and the economy crash because they are too afraid to get sick? The odds of dying are still 100% and if that scares you to think about, I invite you to think about it hard. You and I are going to die someday - maybe soon - maybe a long time from now. It is a blessing that we do not know exactly when. But it also behooves us to prepare now for that one undeniable certainty that comes with this life. Get ready. Now - that’s the worst that can happen. The next worst is to starve and suffer a slow death because you were too frightened to provide for yourself. “Ah but the government has money,” you say. “And the government will help me.” you say. The government has run out of our money. The first stimulus package borrowed from our children and grandchildren. The next one will be borrowing from our great grandchildren. We may dig a debt hole so deep we can never as a nation escape. What will happen then? The government will ultimately have to break some of its promises. We are not in danger of becoming another Greece or Venezuela in the next year or so, but why engage in behavior that leads down that path? Let’s just stop. Face our fears, get back to work, maybe we get sick, maybe we die. But let’s live while we live in joy and purpose not cowering in our homes in fear.  Questions: Send your questions to [email protected] Rodel, Atlanta, GA “Do you know a hard money lender that will let the homeowner carry a second mortgage?” Anthony, Macon, GA “How do you find comp values?” Suzanne, Lakeland, FL “What do I need in order to start a Flipping America REIA group here?” Margaret, Maryville, TN “There is already a group called Flipping Knoxville that is a part of your REIA. It’s too far for me to drive for a meeting. Could I start a group here in Maryville? Daniel, Atlanta, GA “What are the territory rules for the Flipping America REIA? I want to start a group, but I bet you already have a group in Atlanta.”  Motivational Thoughts for the day “If you don’t own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home.” John Paulson, investor and multi-billionaire

We continue the conversation today about whether it is time to buy, to sell, to hold, or what to do. My guests are Gordon Catts and Chris Larsen. This is the second and concluding portion of the conversation. If you missed the first part, be sure to download Show number 364 and give it a listen when you can.  Later on I’m going to reveal the top six months for home sales in the United States. If we have time we have a few questions from the audience to deal with as well.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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 six BEST months to sell a home https://magazine.realtor/daily-news/2020/05/06/study-reveals-the-best-months-to-sell-a-home (hint: Feb-July, but not in that order) This is one reason I don’t think we will see a huge jump in foreclosures later this year. https://magazine.realtor/daily-news/2020/05/06/as-forbearance-confusion-persists-help-set-owners-straight Questions: Send your questions to [email protected] Carol, “I signed up to be on one of the recent calls, but was unable to attend. Is there a replay or an ability to view the video?” Marilyn, Jacksonville, FL, Jim, Atlanta, GA, Maureen, Peg, Dick, Andrew, Melanie, Frank, Jeff, and another Jeff,  “What do you see happening with residential prices the rest of 2020?” Motivational Thoughts for the day “Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.” Winston Churchill

The Pandemic of 2020 rages on. And raging perhaps louder than the disease itself is the on-going debate about when and how the economy should open. Protesters are out in multiple metropolitan areas, jobless claims went up another 3 million last week - nearly 35 million now unemployed. Yet the Governor of California this morning announced that the state will remain locked down until there is a vaccine. How about that for a ransom note? Did you know that the vast majority of viruses in existence have no vaccine. A successful vaccine for any virus is the exception rather than the rule. They still don’t have a vaccine for HIV, the virus that causes AIDS. They don’t really have a vaccine for the flu. They give you a flu shot which is somewhat effective in protecting you from the flu that was prevalent last year in Asia. If it were an effective vaccine, you wouldn’t need another one every year. Yes I know it mutates, but that’s the problem. Virus vaccines are remarkably difficult. I’m not saying they won’t develop one for COVID-19, but I think it may not be wise to hold forty million people hostage until they do.  Those of us that look at the markets, attempting to read the signs, predict and prepare for the future have a difficult job right now as well. We have never seen anything like this. So what should we be doing with our real estate? It's a strange and unpredictable time in the market. Should we buy? Should we Sell? What should we buy? What should we sell? Perhaps we should sit tight? What are the experts saying? You can learn a lot by getting inside the mind of an experienced investor -- someone who has seen the market come and go and knows how to respond. Today we begin a two-part show with two prolific investors on a panel to talk about this. Gordon Catts has been an investor since 1970. He has seen just about everything there is to see in real estate and lived to tell the tale. He’s bought just about every type of asset imaginable and he’s working on a deal right now that will be amazing, but I’m under a non-disclosure agreement, so we will just have to tell you all about it when he wraps it up. It’s big. He is my friend, my mentor, and my go-to guy for perspective on real estate. Chris Larsen is a new friend, recently on this show and the author of the book, “Next-Level Income.” His grasp of analysis is keen and his attention to detail is rare. I read his book and was deeply impressed with his grasp of the small details and their impact on the big picture. They joined me recently for a panel discussion for the Flipping America REIA, a national REIA with a local focus. After launching in January we now have twelve local chapters, mostly across the southeast, but if you’re interested in leading one, let’s talk! Go to bit.ly/talktoroger to schedule an appointment.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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: Wells Fargo and Chase have shut down HELOCs. https://www.housingwire.com/articles/wells-fargo-joins-chase-in-halting-helocs/?utm_medium=email&_hsmi=87301868&_hsenc=p2ANqtz-8ieyJjGGEgtd-kV-KpAGEzrABLcg5YNhA4QUqyFMATa5yWy_ctq2pkxUD4vqU_8EMvAW9-&utm_content=87301868&utm_source=hs_email Kylie Jenner pays $15M for an empty lot. https://www.realtor.com/news/celebrity-real-estate/kylie-jenner-pays-15m-for-empty-lot-hidden-hills/ Redfin and Offerpad are back to ibuying and zillow will be soon. OpenDoor next week. https://www.housingwire.com/articles/redfinnow-resumes-ibuying-and-zillow-offers-isnt-far-behind/ Speaking of Zillow, they have predicted a dip in home prices in 2020. I’m seeing it the other way. I think we will have a slight rise in prices - around 2% for 2020 as there is still a pent-up demand and a shortage of inventory. Evidence of pent-up demand: https://magazine.realtor/daily-news/2020/05/06/cooped-up-unhappy-young-professionals-target-new-homes Expect a surge in listings wherever pandemic restrictions are lifted. https://magazine.realtor/daily-news/2020/05/07/homeowners-are-preparing-to-list-after-the-pandemic The six BEST months to sell a home https://magazine.realtor/daily-news/2020/05/06/study-reveals-the-best-months-to-sell-a-home (hint: Feb-July, but not in that order) Questions: Send your questions to [email protected] Toya, Atlanta, GA “With a subject-to can you do what you want with the property sell, rent, etc.” Armond, Macon, GA “I’ve heard from some long-time brokers that most banks are wise to the veil of a land trust when doing sub-to, and it’s simpler to just disclose the transfer of ownership to the lender upfront when changing/starting the home insurance policy. What do you guys think? Anthony, Atlanta, GA “When someone is on a ~30 day foreclosure timeline and has a 2nd lien that you want to short, is it generally feasible to get the short sale done in that short time frame? Normal short sales take months usually if I’m not mistaken.
.” Cameron, Pittsburgh, PA, “How are you showing your properties right now?” Faith, Tampa, FL, “We have a flip in a hot area where young adults buy. My husband and I have been arguing about the exterior. The house is a beige stucco. I wanted to paint it a playful Florida color, but he overruled me. Now he’s saying the front door is going to be black because it’s basic and neutral. I’m begging you to convince him to let me put a pop of color in there.” Motivational Thoughts for the day “A wise man will make more opportunities than he finds.” Francis Bacon

We talk all the time here on Flipping America about getting a hard money loan. It could be that you’re listening and are vaguely familiar with the idea, but it gets kind of complicated quickly when you start talking about all of the variables. Interest rate, term, points, loan-to-value, purchase money, rehab money, percentages of this or that. On today’s episode I’m speaking with Nate Wolosiewicz who runs the Atlanta office for Civic Financial. Together we are going to look at a project and run the actual numbers. We will break down for you the costs, the features, and the benefits of funding your projects this way. And you are going to be amazed at the return - even with the relatively high cost of capital and the relatively large amount of cash it will require from you. The benefits still FAR outweigh the drawbacks.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Hard Money Loans - Nate Wolosiewicz News: Who is Mr. Cooper and why do I feel like I know him? https://www.housingwire.com/articles/mr-cooper-has-nearly-200000-customers-in-forbearance-but-the-nonbank-isnt-worried-about-liquidity-anymore/?utm_medium=email&_hsmi=87256294&_hsenc=p2ANqtz-_234zREUTydEUuADdvjX3wyMVCqMH2mX0VwKQbz1PW-bPGv1XUZcMkb5GTZjIwbl7vbYKs&utm_content=87256294&utm_source=hs_email (spoiler: formerly known as NationStar Mortgage) Jobless claims topped 30 million this week.  This will help with lender liquidity. https://www.housingwire.com/articles/fannie-mae-freddie-mac-will-begin-buying-some-mortgages-that-are-in-forbearance/?utm_campaign=Newsletter%20-%20HousingWire%20Breaking%20Alerts&utm_source=hs_email&utm_medium=email&utm_content=86695889&_hsenc=p2ANqtz-_l-0bZG7tuXENLe_8VF1G8PprqbmnkJ6cekvjN7JRI9zgp5__ptls5ENymHwEMopYCj9JpIvOt5CbyeI4uQvlDZpDqvpFUT9hWdNYXIb5UzMjtHK4&_hsmi=86695889 Questions: Send your questions to [email protected] Francis, Jacksonville, FL “Would you put a new roof on a house when the current one looks a little shabby but doesn’t leak and has 10 years left on it’s rating? It’s asphalt shingles. The bad appearance is caused by tree sap, so I’ve been told. Could we just power wash it instead?”  Lily, Villages of Ocala, FL “Our rental income has slowed to a trickle. We don’t need this money to survive but we do need it in order to enjoy life a little. What will happen coming out of this?” Carmen, Tampa, FL “If you were young, broke, and wanting to get into this business right now, what would you do?” Austin, Las Vegas, “I do ok wholesaling houses, but I feel like I’m not progressing. I work my butt off and I can’t stop because then I won’t have any income. What am I doing wrong?” Motivational Thoughts for the day “A wise man will make more opportunities than he finds.” Francis Bacon

Chris Larsen is the founder and Managing Partner of Next-Level Income, through which he helps investors become financially independent through education and investment opportunities. He began syndicating deals in 2016, has raised more than $12M and been actively involved in over $150M of real estate acquisitions.

“Most people don’t recognize opportunity because it often comes disguised as hard work.” “Opportunity paged me, beeped me, linked me, emailed me, faxed me and spammed me, but I was expecting it to knock.”  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Questions: Send your questions to [email protected] Neil, Atlanta, GA “when a wholesaler sends you a tri-plex with fix n rent turn to 4 plex for all in for 230k plus 97k for rehab 4K rents, is this a deal?  or turn in to a single family for $117 k rehab for 415k ARV would this be a deal? Vicky, Florence, SC “Should we hold off buying flips right now? What will the selling environment be like under lockdown?” Jim, Flint, MI “Our Governor just extended our state of emergency. My tenants are calling to say they don’t have to pay any rent for the next few months and there’s nothing I can do about it. What would you suggest I say?” Caroline, Muncie, IN “I’m following your inexpensive house idea and have a buyer who is wiring me the down payment. Unfortunately they missed the cutoff yesterday (this was a Friday) and I won’t receive the money until Monday. They have provided the receipt for the wire from their bank and it looks legit. Would you let them move in? They want to move this weekend.  Sanders, Toronto, “What are the tax implications for me if I buy properties in Detroit?” Reggie, Lakeland, FL “I saw you on Facebook the other day. Interesting stuff. You were talking about income streams. How do you create multiple income streams all from real estate?” Gemma, Madison, WI, “What are some things I should or should not say to a realtor when first getting into the business?” Francis, Jacksonville, FL “Would you put a new roof on a house when the current one looks a little shabby but doesn’t leak and has 10 years left on it’s rating? It’s asphalt shingles. The bad appearance is caused by tree sap, so I’ve been told. Could we just power wash it instead?”  Motivational Thoughts for the day “I guess I just got lucky. I’m lucky my alarm clock goes off at 5 am so I can get to the gym, get a full workout and still be at the office before everyone else. I’m lucky my car can connect with the internet and play educational recordings during my commute. I’m lucky my office has electricity so I can turn on the lights and stay late. I’m lucky that I’m not interested in TV but would rather enrich my life through reading and research. I’m lucky that I learned to push on even when life gets difficult or I just don’t feel like it on a given day. I’m just lucky like that.”

Tom Peters said, ““If a window of opportunity appears, don't pull down the shade.” No one listening to this show right now is responsible for the pandemic that is destroying the worldwide economy while taking fewer lives than the seasonal flu. It’s a strange and challenging time, but it is precisely during times like these that shrewd people sense the changing opportunities, respond to meet them and make or grow their fortunes. And it is precisely during times like these that people who are close-minded, stuck in a rut, or simply resistant to change will suffer. Today we begin a conversation about the opportunities presented by the world-wide pandemic. We want to be careful to emphasize “ethical opportunism.” We are not here to prey on the misfortunes of others, but there are going to be people that need solutions. It is possible to help people, provide solutions, and make money at the same time. And this is exactly how we should present ourselves - real estate solutions providers.  “Most people don’t recognize opportunity because it often comes disguised as hard work.” “Opportunity paged me, beeped me, linked me, emailed me, faxed me and spammed me, but I was expecting it to knock.”  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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: March mortgage delinquency up. No surprise. https://www.foxbusiness.com/real-estate/coronavirus-causes-spike-in-march-mortgage-delinquency-rate-for-the-first-time-in-decades Questions: Send your questions to [email protected] Alison, Marietta, GA, “You seem to have several websites you mention from time to time. Can you go through them and explain the purpose for each one?” Warren, Macon, GA “What’s the best podcast platform to listen to your show?” Selena, Pittsburgh, PA “How do you figure out what to offer when you’re trying to propose a subject-to and they have a lot of equity?”  Motivational Thoughts for the day “I guess I just got lucky. I’m lucky my alarm clock goes off at 5 am so I can get to the gym, get a full workout and still be at the office before everyone else. I’m lucky my car can connect with the internet and play educational recordings during my commute. I’m lucky my office has electricity so I can turn on the lights and stay late. I’m lucky that I’m not interested in TV but would rather enrich my life through reading and research. I’m lucky that I learned to push on even when life gets difficult or I just don’t feel like it on a given day. I’m just lucky like that.” “A wise man will make more opportunities than he finds.” Francis Bacon

No one really knows the future, but with real estate, there are a number of signposts that can predict where we are heading. Today’s show is a call from last week as part of the Flipping America REIA group. On the call we talked about the real estate leading indicators, what they tell us, and how to get the data. Plus I provide a link for everyone listening to grab your own copy of this report - I’m not even asking for your email address - it’s a simple link on my website. You’re welcome.  If you are paying attention, real estate moves just slowly enough you can adjust course and make wise decisions.  What are the leading indicators for the real estate market? Where do we get the data? How should we interpret the data? What makes the real estate market trends different from stock market trends? What does it mean to be a "nimble" real estate investor and how do you accomplish that? We will answer these questions and more on the call. 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Topic: Market Indicators. Is the Market Going to Crash?  In a word. No. It’s going to adjust. There will be opportunities, but it’s not going to crash.  Real Estate Leading Indicators Indicators Pricing Trends. Impact: Informs our Offer strategy Where is the market heading in the past quarter? What is the year over year difference? Which direction is it heading? Housing Data Report from realtor.com Realtor.com Data  How long does it take to sell a house? https://www.zillow.com/sellers-guide/average-time-to-sell-a-house/ https://www.thebalance.com/how-long-does-it-take-to-sell-a-house-1799050 https://smartasset.com/mortgage/how-long-does-it-take-to-sell-a-house https://www.inman.com/2017/11/10/5-key-factors-average-time-sell-house-every-homeowner-needs-know/ Average Days on Market. Saturation rate. Impact: Informs our Offer price due to hold time. How many months (or weeks) supply of inventory is out there? 3 months is balanced. At the rate properties are selling, how long would it take us to sell out the current inventory? Housing  Starts US Gov Housing Starts from Trading Economics Housing Starts Realty Trac foreclosure data AttomData foreclosure data CoreLogic foreclosure data Statista Mortgage Default and foreclosure rates: Google: “Foreclosure Data” and “Default Rate” Bankrate NerdWallet Interest Rates: Impact - Rates determine relative affordability. Can impact sales. National Economic Conditions Unemployment rate Weekly Jobless Claim Data UC San Diego Data Center Overall Economic Conditions: Strong Economy, low unemployment = buyers. Weak or uncertain economy will slow market down.  Turner Cost Index NAHB Economics Construction Costs: Affect our rehab and holding costs, impact our initial offer. Resources: Housing Data Report from realtor.com Realtor.com Data  Redfin Data Center National Association of Realtors Research Data NAR Research and Statistics Zillow Data Market Data for Realtors (Subscription required) Housing Starts Questions: Send your questions to [email protected] Janice, Canada, “1. how important is a well-designed space when buying and selling? The final price range correlates with the relative importance of design. Generally the higher the price the more important design is. 2. Who generally chooses the fixtures and finishes? I tend to let my realtor in that market tell me what the house needs in terms of color / finishes / etc. On houses in the luxury market I sometimes hire a designer to work with the realtor in making the right choices. In all cases I'm the decision-maker (or my project manager) because we have to balance the design considerations with the budget. Motivational Thoughts for the day “Experience is simply the name we give our mistakes.” -Oscar Wilde

No one really knows what is about to happen - to the economy as a whole and especially in real estate. Uncertainty can lead to anxiety which does not necessarily contribute to good investing decisions. Joe Thompson has been around real estate in various forms for many years and has seen markets come and go. He will be joining me to discuss the current situation and possibilities for real estate investors looking forward. We will talk about How this economy is different from the economy shifts we’ve seen before? What signs should investors be watching for? If single family sales tank, where is the opportunity for real estate investors? 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Guest: Joe Thompson How is this economy different from the economy shifts you’ve seen before? No way to see it coming. 87 crash - could see it coming. 2008 crash. Some saw it coming How is it similar? Domino effect. Retail - then landlord,  Liquidity crisis self-storage - good investment Mobile home parks  What signs should investors be watching for? Don’t spend anything you don’t actually have to. I might need this money later.  Price points of the people who still have jobs. What income levels and where are the markets?  Geographic location and/or asset type. Start in single family - mistakes are less costly.  Talk about the connection between the overall economy and the housing market. If single family sales tank, where is the opportunity for real estate investors? If the rental market implodes, same question.  What will get a “buy recommendation” in 30 days? 90 days? Motivational Thoughts for the day “The mistake is thinking that there can be an antidote to the uncertainty.” ― David Levithan

Today we are talking about a form of passive real estate income that can create cash-flow, tax advantages, and build wealth. I’m talking about turn-key rentals and today we have two of the best - Jack Gibson and Jeff Schecter. A Turn-key rental is a property you buy from someone that has already been rehabbed and is ready for the rental market. It may already be rented! A good turn-key supplier can recommend a property manager or two. The best don’t do the property management. They have enough to do with locating and rehabbing the properties for you and this helps you avoid possible conflicts of interest between construction, maintenance, and management. Jack and Jeff have been in this business for years. They approach their craft with integrity, understanding of the market and awareness of your needs. If you are on the hunt for cash-flowing rentals - if you are pulling money out of the equity markets and looking for a safe place to put it, you are going to want to connect with them.   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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Guest: Jeff Schecter and Jack Gibson Jeff Schecter, Jack Gibson The High Return Real Estate Show A business that can help people restart their lives (not a life coach).  Help people develop skill sets to not have to look for a job.  The Gig Economy.  Shecky  - the Gig Economy will explode.  Projects that accelerate sustainability and fixing the earth.  Multiple Streams of Income.  Highreturnrealestate.com Motivational Thoughts for the day “Being challenged in life is inevitable, being defeated is optional.” – Roger Crawford.

Now more than ever we all need income in addition to our regular J.O.B. This has always been true for those who aspire to wealth. But with the uncertainties and anxieties around our economy in light of the Covid-19 pandemic, it’s more important than ever to maximize income and returns from every source. On this call we will look at the various types of income and every participant will be encouraged to start making a plan to develop at least one more source of income. This is NOT by taking a second job. Earned income is only one form of income (out of 7 or 8). You might be surprised at how many things you can trade for money! Mike Ventry will join us and discuss how you can use a self-directed retirement account to invest in income producing assets like real estate. Mike is the Director of Business Development at American IRA . He has over 15 years of experience as a Top Producer in the mortgage banking industry, in the Atlanta area. During his 40+ years in the Atlanta area, he has started, built and sold multiple companies to large national corporations. He has an exceptional background in providing superior customer service and communication to his clients. Mike holds an MLO license with the Federal and State Departments of Banking and Finance. In his current role, he assists new clients and investors by providing them with the education and knowledge to be successful in self-directing their retirement accounts. He regularly teaches a 3 Hour CE class on self-directing for realtors. Mike also is a frequent attendee and guest speaker at real estate (and non-real estate) associations and networking groups in the Atlanta and the South East. Mike has been a contributor as an expert resource for Think Realty Magazine along with many other financial and real estate radio shows and podcasts.The call is sure to contain many actionable steps and ideas to help you plan now and act when the time is right. It’s a scary time for many people. Many have lost their jobs or have been furloughed. No one knows when or if we will ever get back to normal. Our plan MUST include surviving. But if we can make adjustments to our lifestyles as needed and continue the discipline of saving and investing we can actually move forward. Perhaps you can supplement income by wholesaling properties. You can make money as a Flipping America Affiliate and there may be other affiliate opportunities available to you. Here several ideas on this call. We are going to take the “flea market flip” approach to this. (Have you seen that show? It’s been awhile.) We are going to take stock of whatever is at hand (time, money, skills, knowledge, etc.) and we are going to turn that into money. Then we will use that money to create more money. Let’s flesh out that plan to add at least one more income stream before the end of May. You can do this! I'm rooting for you. I'm rooting for 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: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Guest: Mike Ventry AmericanIRA.com [email protected] Motivational Thoughts for the day “Perhaps the secret to making a billion dollars in real estate is that there is no secret.” ― David Lichtenstein

We have a double feature for you today! Avery Carl wants to be your money-making vacation home realtor. I know this may not seem like the best time to be talking about this but the pandemic and the social distancing will not last forever. Eventually people are going to get back to work and get back to vacationing. And there will be some bargains in the vacation home market. Avery and her team will not only help you find your ideal vacation home - one you can use and rent out when you are not there - they will also help you connect with local resources to perform all of the management and maintenance of the unit and help you list it on AirBnB and VRBO. She provides this service at no additional charge to you. And that’s not all - she’s going to run the numbers for you and give you a bit of a proforma on the property as well. That’s coming up in a couple of minutes. Theshorttermshop.com. Later on I’m going to speak with Brett Swarts about the Deferred Sales Trust. This is a little known but powerful tool you can put to work right away as part of your tax plan. This has several advantages over the standard 1031 exchange. It’s a bit more technical, but could save you tens of thousands of dollars on your next tax bill. Brett is the President of Capital Gains Tax Solutions, LLC, located in Sacramento, CA. (www.capitalgainstaxsolutions.com) Together with his team and in partnership with the Estate Planning Team, Brett provides trustee services which helps real estate and business owners gain tax deferral, freedom, liquidity and diversification with their funds so they can create and preserve more wealth. 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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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. Guest: Avery Carl www.theshorttermshop.com Vacation home loan. - any Fannie or Freddie lender.   Guest: Brett Swarts Deferred Sales Trust, not to be confused with Delaware Statutory Trust.  capitalgainstaxsolutions.com Your Questions: Send emails to [email protected] Motivational Thoughts for the day “Perhaps the secret to making a billion dollars in real estate is that there is no secret.” ― David Lichtenstein

Life doesn’t usually go as planned. We don’t put “big mistakes” in our three year plans. And NO ONE had “global pandemic” in their business model for 2020. But this doesn’t mean we forget we have a business to run and mouths to feed. Tough things happen and the tough power through them. The economy has been battered. Most of us are staying home. Business is definitely NOT normal. This is a good time to reflect on our goals for 2020 - how they have been affected, how our priorities might have changed, and what we need to try to accomplish for the remainder of this year. On this call we are going to talk about what we need to be thinking about and planning to get us there.  Lewis Carroll said, “If you don’t know where you are going, any road will get you there.” In his inimitable style, Yogi Berra said “If you don’t know where you are going, you might wind up someplace else.” Let’s start laying the groundwork to not end up “someplace else.”  Let’s rethink our priorities, reset our goals, and renew our commitments to get there. I’ll be sharing with you some of the goal setting secrets behind my book, “GMS Planner”. I will show you pages from the Quarterly Planning Retreat, and then let everyone on the call download them and do their own “retreat”. You’ll learn: -to celebrate everything you can - including the lessons learned through difficulties and challenging times. -the value of adjusting course. Life throw’s curve balls, we adjust our swing and still get base hits.  -how to break down our goals into manageable milestones. -how to translate those milestones into action steps  I’m also going to give you the weekly planning page I use to manage all of my business and income streams. No April Fools joke here - it’s yours for just listening in. FlippingAmerica.net and click on the GMS Offer Button.    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 [email protected]. 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. Your Questions: Send emails to [email protected] Motivational Thoughts for the day "All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me….You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you. —Walt Disney

For many years now I have been following from afar the exploits of Motley Fool. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through their website, podcasts, books, newspaper column, radio show, and premium investing services. They believe that investing is empowering, enriching, and fun. As part of their service they have a section dedicated to real estate, a paid service called “Mogul” and a free service called Million Acres. We are fortunate to be joined today by Deidre Woollard, editor of MillionAcres.com.  Deidre is a writer and editor with two decades of experience covering all aspects of real estate from luxury residential real estate to the latest in proptech. She created the “Ask A Realtor” feature at Realtor.com and has led marketing and communications at top residential real estate brokerages. Real estate investing is a family tradition; she comes from a long line of landlords, renovators, and contractors currently invested from Massachusetts to California. She has an MFA in Writing from Spalding University.  We are going to talk real estate, coronavirus and whatever else comes to mind. I hope you’ll enjoy the conversation as much as I did.  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 [email protected]. 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/CivicFinancial FlipStarter Online! www.flipstarteronline.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:  https://www.cnbc.com/2020/04/07/docusign-ceo-dan-springer-on-the-activity-trends-among-its-customers.html https://www.cnbc.com/video/2020/04/07/mortgage-forbearance-requests-surged-1896percent-during-the-second-half-of-march.html https://www.cnbc.com/2020/04/08/weekly-mortgage-applications-sink-as-coronavirus-sets-back-homebuyers.html https://www.cnbc.com/2020/04/10/told-my-landlord-i-cant-pay-rent-due-to-coronavirus-how-he-responded.html https://www.cnbc.com/2020/04/06/related-companies-ceo-those-who-can-should-pay-their-rent.html https://www.realtor.com/news/real-estate-news/home-buyer-seller-confidence/ Guest: Deidre Woolard Your Questions: Send emails to [email protected] David, Atlanta, GA “Love to hear more about your move into Chattanooga.. what are the key advantages you see there besides less competition vs AtlantaI’ll keep it brief but to answer your question, our reasons for choosing Chattanooga:1. High concentration per capita of investors in Atlanta.2. Most opportunities in ATL are requiring long expensive rehabs. 3. Surveyed all cities within 2-3 hour drive of ATL.4. Factors include: Job Growth, Diversity of Employment (different industries), Vision of City Planners, population growth, market status (saturation rate, average DOM), age and types of housing inventory, 5. Greenville, Birmingham, Huntsville, Auburn and Chattanooga emerged. (Augusta didn’t impress and Macon was even worse. Columbus was so-so.)6. Two of my team live up the I-75 corridor so Chattanooga or Huntsville were the easiest to get to when we need. 7. Chattanooga is larger with more diverse inventory and industry. Our plans have been delayed somewhat by the COVID-19 situation. But for now it’s just a delay, not a cancellation. We are doing some calls - just not full saturation yet.  Brianna, Anderson, IN, “A friend just mentioned to me that one way of passively investing in real estate is through something called turn-key rentals. He didn’t know many details. But he also heard of some guys in Indianapolis Jack Gibson and Jeff something. Are you familiar with this type of investing or can you refer me to someone who can tell me about it?” Motivational Thoughts for the day Gilda Susan Radner (June 28, 1946 – May 20, 1989) was an American comedian and actress who was one of the seven original cast members for the NBC sketch comedy show Saturday Night Live (SNL). In her routines, Radner specialized in parodies of television stereotypes, such as advice specialists and news anchors, and in 1977, she won an Emmy Award for her performances on the show. She also portrayed those characters in her highly successful one-woman show on Broadway in 1979. Radner's SNL work established her as an iconic figure in the history of American comedy. She died from ovarian cancer in 1989. Her autobiography dealt frankly with her life, work, and personal struggles, including those with the illness. Her widower, Gene Wilder, carried out her personal wish that information about her illness would help other cancer victims, founding and inspiring organizations that emphasize early diagnosis, hereditary factors and support for cancer victims. She was posthumously awarded a Grammy Award in 1990. Radner was inducted into the Michigan Women's Hall of Fame in 1992; and she posthumously received a star on the Hollywood Walk of Fame in 2003. I wanted a perfect ending. Now I've learned, the hard way, that some poems don't rhyme, and some stories don't have a clear beginning, middle, and end. Life is about not knowing, having to change, taking the moment and making the best of it, without knowing what's going to happen next. Delicious Ambiguity. -Gilda Radner

We are continuing today with our panel discussion titled “Next Steps for Investing During a Real Estate Pandemic.” with our guest panelists,  Jeff Holst, Darlene Coquerel, and Michael Green. Show number 349 was part 1. This is part 2. And Next week we continue this series with “Don’t Just Survive - THRIVE” and we will be joined by Rod Kleif and Kathy Fettke. We continue now with the call recorded Thursday, March 26, 2020. 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 [email protected]. 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:  Panel: Jeff Holst, Darlene Coquerel, Michael Green Your Questions: Send emails to [email protected] Motivational Thoughts for the day "All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me….You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you. —Walt Disney

You hear a lot of talk about deal marketing but how does it actually happen? At some point, every single family real estate investor ought to try and speak with actual homeowners who need to sell their home. Short of bidding at the courthouse foreclosure auctions with a wad of certified checks in your pocket, this is the best way to buy property. And because you have the opportunity to use creative deal structuring this could possibly be the best way to purchase property. But you have to find the sellers, right? If you drive up and down a street and pay close attention to the houses you may be able to tell some things about the occupants. Do you see what we might call deferred maintenance? That could be a sign that the owners are struggling financially right now. You may have someone willing to sell their house. Vacant and abandoned properties are pretty easy to spot. But there usually aren’t clear indications of other life situations that could be leading people to sell. This includes but isn’t limited to divorce, bankruptcy, inherited houses, job transfers and other things. Interestingly, many of these life situations have a way of becoming public knowledge. If there is a divorce, there is a civil case. If the house is inherited, there is usually a probate process. And if the information is public, there are professionals who can gather this information into a list and sell it. That’s what a list broker does. Today on the show we are joined by my list broker, who prefers to be called a Marketing Consultant, Karen Anderson.  Karen is a Leading Direct Marketing & List Consultant based out of Houston, Texas. Raised in a “Real Estate and Oil Family,” in Los Angeles, CA, she graduated from Belmont University with a Bachelor’s degree in Business – Concentration in Marketing/Statistics. She began her career as a Sales and Marketing Executive in a IBM Affiliate - Software Systems company, wherein began her drive to develop innovative database formulas for success. In 2000, seeing how her parents were real estate investors requiring better databases for marketing, she took her statistics & marketing expertise into the list industry where she became a pioneer building unique marketing list programs for all real estate investors nationwide. After working for a large list corporation for several years, she established and became owner of a more intimate and customized list direct marketing business. She is passionate about researching and creating pre-built list models targeting motivated buyers and sellers.  She assists clients from list sourcing, developing direct mail templates and assistance with fulfilment. She also offers additional consult and marketing service designs. 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 [email protected]. 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. Guest: Karen Anderson Your Questions: Send emails to [email protected] Motivational Thoughts for the day "The Bigger the government, the smaller the citizen.” -Dennis Prager

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 [email protected]. 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 [email protected] 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

It’s hard to find an opportunity to talk about anything OTHER than the pandemic right now. This week we begin mentally taking control of our destinies by making a conscious choice to move forward while taking every precaution recommended by local state and federal authorities. We will make progress mentally, virtually, and this will translate soon to real life.  Thursday night we did a second call in our series on real estate investing during a pandemic. Our guest panel was Jeff Holst, Darlene Coquerel, and Michael Green, three prolific investors and mentors with a high volume of flips and rental properties between them. We discussed a number of questions facing landlords and house flippers and dug in to find ways we can continue to make a living in real estate during these challenging times.  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 [email protected]. 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  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. Panel: Jeff Holst, Darlene Coquerel, Michael Green Your Questions: Send emails to [email protected] Wanda, Villages of Ocala, FL “Our rentals have been doing very well but we are concerned that during the pandemic our income may completely dry up. How are you handling this in your business? What can we do?” Martin, Alexandria, VA, “Our fixing and flipping business has been running on all cylinders this year and we really haven’t seen any slowing yet, but I’m growing concerned about the short-term future. I have six properties with hard money loans right now and if I can’t get the work done on them, I’ll be out of business. I’d appreciate your thoughts.” Fabriana, PIttsburg, PA “I’m struggling to get crews to show up and city inspectors to come to the job site. Everyone is overwhelmed, but so am I. If I can’t finish my two properties I will lose everything.” Carissa, Milwaukee, WI “I’ve been on the phone with my tenants and although I have a friendly relationship with all of them, a couple of them have said some pretty rough things to me. Accusing me of greed, exploitation, one even called me a corrupt b---. I don’t want to get into arguments with them - that seems pointless, but I also don’t want to just take it. How do you handle this?” Motivational Thoughts for the day "If you expect to live a pain free life, you’re going to live a life filled with dissapointment.” -Dennis Prager

Even in the midst of the coronavirus crisis, with all that is going on in the world, we real estate investors need to be aware of a couple of important facts. 1. This isn’t going to last forever. 2. When it’s over, people are still going to buy and sell homes. And 3. Thanks to ever improving online tools we can get a lot done from the comforts of our homes. Just yesterday I closed on the sale of four homes virtually. I did have to go find a notary and drop some papers off, but my contact with others was very limited, over quickly, and I keep hand sanitizer in the car. I’ll let you in on a little secret. I’m not exactly a germaphobe, but due to my public persona I shake hands with a lot of strangers - in normal times. One day after a greeting line that probably included 100 people or more I walked away and starting thinking about how many of those people didn’t wash their hands the last time they used the bathroom. I’ve kept hand sanitizer in my car ever since. I’m about to run out of my current bottle so then I don’t know what I’m going to do - stay home I guess.  Anyway, back to the fact we can do our business largely from home. Today we are joined by my new friend Brandon Barnes. Brandon is a high volume wholesaler here in Atlanta, Georgia. If you’re not sure what wholesaling is or how it works, stick around because not only is Brandon going to explain what it is, he is available to guide and mentor you if you are looking to get started in this business. And even in today’s hyper-competitive market, Brandon believes you can get your first deal with no more than $500 to $1000 invested in your marketing.  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 [email protected]. 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: FlipStarter Online April 13, 14, 15, flipstarteronline.com 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:  This is a sneaky sales pitch. No real data. https://news.bitcoin.com/us-real-estate-jeopardy-housing-market-crash/ Guest: Brandon Barnes Your Questions: Send emails to [email protected] Sanders, Monticello, GA, “Should we be taking our money out of the banks right now?” Esther, Dallas, TX, “Where do you believe the real estate market is headed?” Greg, Dayton, TN, “What should real estate investors be doing right now?” Motivational Thoughts for the day "The believer in God has to account for the existence of unjust suffering. The atheist has to account for everything else.” Rabbi Milton Steinberg.

I have previously predicted the top three real estate investing trends for 2020 and I’m going to repeat them in a moment. The growth is going to be interrupted by the current corona virus crisis, which is, as I speak shutting down entertainment, business, airlines, travel, and entire industries. We are sensitive those directly impacted by the illness from the virus but at the risk of appearing insensitive it seems to be an unnecessary panic. In 2009, the H1N1 virus infected 59 million people in the US, 265,000 were hospitalized and 12,000 people died. My son was in the 8th grade at the time and tested positive for the virus. He missed a couple of days of school, but his symptoms were flu-like.  The medical impact of the corona virus is a tiny fraction of the swine flu, and unless there is something about this that no one is telling the public, the state of alarm seems to be disproportionate to the actual impact. One thing that is for sure impacted is the economy. It’s being hammered right now and billions are being lost. The financial fallout is affecting people from all walks of life and could lead us to the 2020 recession we thought we had avoided. It may be summer time before things get back to normal, but when they do, the three trending strategies will come back to the forefront. And here they are: Apartments, Short-Term Rentals, and Self-Storage. These areas are hot right now because they cash flow well and the competition is less stiff than in the single family market.  In a few moments I’m going to be joined by Rod Khlief, one of the multi-family masters. He is going to share his amazing story with us. Listen up, if you’ve ever had a setback or a full-on business failure, you need to hear Rod’s story. He lost it all, and climbed back. His energy is infectious and his insight is inspiring. He will be with us in just a few moments.  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 [email protected]. 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    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 Corona Virus hits the Housing Market: https://www.realtor.com/news/real-estate-news/home-selling-in-the-age-of-coronavirus-its-a-whole-different-world/ They predicted a housing recession in 2020, but due to rising interest rates. The corona virus wasn’t a factor. https://www.investopedia.com/investing/next-housing-recession-2020-predicts-zillow/ Topic: Why You Lost Money On Your Last Flip Your Questions: Send emails to [email protected] Sandra, Indianapolis, IN, “When is the best time to buy a house? Money saved for down payment Credit score is high - best interest rate Market has a three months supply of homes (or more) After the first two conditions are met for sure, then when you find the right place at the right price.  Warren, Meridian MS, “what is the website for running comps through PropStream?” FlippingAmericaComps.com Sally, Villages of Ocala, FL, “Flipping America seems to have so many different websites. Can you tell me the differences and what each one offers? RogerBlankenship.com FlippingAmericaNetwork.com FlippingAmerica.net FlippingAmericaREIA.com FlippingAmericaComps.com FlipCalcs.com Eduardo, Tampa, FL, “In light of the corona virus, I’m thinking of not buying any flips for a few months, but it’s my primary source of income. How are you proceeding with your business?” Motivational Thoughts for the day “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” -Anonymous

There really is nothing new under the sun. Even today’s freshest sounding ideas only sound that way because it has been awhile since they were popular. This is true in real estate investing. Someone starts doing Technique A which generates massive profits. They tell their friends, then teach a course on it and pretty soon EVERYBODY is doing Technique A. Then someone rediscovers Technique Q, which is an old idea but no one is doing it any longer and there is an opportunity to make good margins. The process repeats.  This is true of the strategy we are going to start calling “Happy Rooming” at least until we come up with something better. For the consumer, you pack up your clothes and move into a house. You get a furnished room, common areas, shared driveway for your car. It comes with some rules of course, to protect everyone living there, but you have the convenience of not having to purchase furniture or absorb the cost of renting or buying space you don’t use.  Our guest today is Mentor Sharoney and she has brought this technique back to the Atlanta market. She’s brought it up-to-date and added some extra touches that create happy living spaces for her tenants and strong cash flow in her properties. She will be along in a few moments.    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 [email protected]. 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    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:  CoreLogic reports that home values gained 4.0% in 2019. Projecting 5.4% this year. (we are at 4.5). CT was the only state with decline. Idaho lead the way with 10.5% growth. Eight straight years of gains. https://www.corelogic.com/insights/home-price-index.aspx?WT.mc_id=crlg_200303_TnzF6 A super simple spreadsheet solution that allows you to see the impact of annual appreciation on the value of a property (or anything that appreciates consistently and predictably). https://docs.google.com/spreadsheets/d/1Z4A66KOANQO45Jn8YTpV55rEqNQ-u0N51B2ZfqW2sI8/edit#gid=0 Foreclosures are 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&utm_medium=email&utm_campaign=SEO-News+Updates Delinquencies are at the lowest rate since 2000. https://www.corelogic.com/insights/loan-performance-insights-report.aspx?WT.mc_id=crlg_200310_PEpCh Remember Wells Fargo and the fake accounts? 5000 employees, over 1 mil fake accounts. Now Fifth Third Bank has joined the party, according to the CFPB. https://www.housingwire.com/articles/fifth-third-bank-accused-of-opening-fake-accounts-in-customers-names/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=84493004&_hsenc=p2ANqtz-_Xs-flc5GsRRvV8MWsyPE6YgQa6AiXD4kFBqqJqxjyhoKmwbNNi0zy97SiFJHb8pvg7v4ki-pIw3PJSdvaccsL0I85RzTkQIWcC2BpyLzvibjR02c&_hsmi=84493004 Topic: Beautiful Rooming, with Mentor Sharoney Your Questions: Send emails to [email protected] Ron, Lexington, KY, “I have an AirBnB in Daytona which is doing well. I’m considering buying more, but I’m hearing that communities are banning them. What’s the latest? Angela, Anniston, AL, “I just flipped a house in Jacksonville, AL and made enough money to make a down-payment on two rental houses. This is fantastic! I want to do this full time but I’m pretty sure there aren’t enough deals around here. If you were in my shoes would you head toward Atlanta or Birmingham?” Marcus, Harrisburg, PA, “Thanks for the show and all you are doing. I’m interested in leading a local chapter of the Flipping America REIA. What do I need to do?” Joel, Atlanta, GA “You are seller-financing those cheap houses around the country. I want to buy one and turn it into a rental. Can you tell me how what I need to do to get one?” Motivational Thoughts for the day “Real estate investing, even on a small scale, remains a tried and true means of building an individual's cash flow and wealth.” -Robert Kiyosaki

You want to reap the benefits of investing in real estate without all -- or without any -- of the work. This show is for you. There are several ways you can do this, but one of them is to purchase a Turn-Key Rental and that’s what we are talking about today. In a few moments I’ll be joined by Antoine Martel who started right out of college investing in rental properties - NOT in California where he lives, but in Memphis and Cleveland. How does it do it? Stay tuned and you’ll find out.  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 [email protected]. 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:  Are you stocked up? The best time of the year is just a couple of months away. https://www.housingwire.com/articles/the-best-time-to-sell-a-house-is-quickly-approaching/ Good tips on Turn-Key Rentals. https://money.usnews.com/investing/real-estate-investments/articles/things-to-know-about-turnkey-real-estate-investments-for-retirement Questions you should ask yourself when considering your real estate investing options. https://www.fool.com/millionacres/real-estate-investing/articles/best-place-invest-real-estate/ Of all the things you could name your new real estate company, let’s go for something that screams “unprofessional.” https://www.housingwire.com/articles/real-estate-and-mortgage-startup-homie-raises-23-million/ Guest: Antoine Martel Martelturnkey,.com Flipping America 313, Best Places for Rentals Your Questions: Send emails to [email protected] Amanda, Memphis, TN “Would you say that real estate investing is better than the stock market? I kinda think you would, but I want to hear it from you.” It depends. An experienced stock investor / day trader might achieve the same returns as an experienced real estate investor. In that case, I say “do what you know and enjoy.” If you are inexperienced in both and relying on the returns from an indexed stock fund compared to standard real estate appreciation, the stock market is going to appear to perform better every time. The secrets in real estate however involve the gains that can be realized through leverage, depreciation, and growth in equity over time.   Juan, Houston, TX “I have a good job I want to keep, and I want to invest in real estate but don’t make enough extra money to enable that. What would you do?”  What I would do when I were younger would NOT have been what I would recommend now. That’s because I wasn’t as smart then as I am now. What I would do NOW is adjust my lifestyle. You really only have two options. You have to either take on a side hustle to earn money to invest in real estate, or your have to decrease your living expenses to save money. Your side hustle could be real estate wholesaling or deal structuring, but there is no avoiding the time needed for this. Those are your options.  Millie, Pontiac, MI “Ten years ago my husband got transferred. We rented out our house in Columbus, OH and it’s been a continual problem. We’ve tried a couple of property management companies and it really isn’t any better. We want to get rid of it and it looks like we are no longer upside down on it, but we hate to dump it and not make any money. It needs a few minor repairs and a major update. Tell us what we need to be thinking about in order to make this decision.” You are correct if you do not think about this as your home. You don’t live there. This is an investment property and should be treated that way. As such it has a fixed daily cost. You need to know this number so you can feel the pain of it sitting there empty. One small difference is if you have a loan on it, you are probably paying down the balance a little each month, which is better than the interest-only loans used by house flippers.  When thinking about repairs, I always first fix everything that is broken and then I evaluate all of the “nice-to-have” items in the rehab. The first thing I want to know is what the financial return will be for each expense. If I spend 15,000 in the kitchen, will I be able to sell the house for $30,000 more? I rank the rehab priorities according to the financial return.  Then I rank them according to my opinion about how much more quickly they will help me sell the house. This is a bit of guesswork and the realtor can help. If I spend $3000 for no increased price but the house will sell 60 days sooner, I will spend the money. It’s still the smart play. Every rehab decision runs through this grid and we acknowledge there is some guesswork involved but it’s better than not thinking it through at all. Carson, Brookfield, WI “Do you ever get those really cheap houses here in Wisconsin?” Yes! Recently in Milwaukee and currently in Catawba! Kyle, Atlanta, GA “What are the criteria you use for the inexpensive houses you buy around the country?” Motivational Thoughts for the day “There is no royal road to anything. One thing at a time, all things in succession. That which grows fast, withers as rapidly. That which grows slowly, endures.” – Josiah Gilbert Holland

Today we are getting an update on developments with short-term Rentals from Pam O’Dell, Executive Director of the Short Term Rental Owners Association of Georgia. The legislature is in session and there are interesting developments. Government involvement and interference with real estate development is nothing new. You don’t have to look far to find examples of higher prices and slower development because of bureaucratic overreach, fees, processes, and delays. I can give you many examples, but here is one: Government rent-controls end up costing landlords so much they are actually better off leaving a house vacant while waiting for price appreciation to allow them to sell. This leads to quite a bit of vacant properties in places like California. In a few minutes I’m going to share with you the state’s response to this problem. You will love this I’m sure.  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 [email protected]. 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:  You work hard to escape the hood, the cycle of poverty and dependence and the culture of violence, and then the government forces you back into it. I predict an awesome conclusion to this nonsense. Watch EVERYONE who wants to live in safety leave the city.  https://www.ajc.com/news/local-govt--politics/atlanta-make-all-landlords-accept-housing-vouchers/RBUDQT37yHk3WjzuuameOM/?fbclid=IwAR0b4vFqxzYiggLIHKR6MuNfGTqtyPA32eWxrbfqzJMsQ_8e7RArtiaGaG8 Another example of Government trying a really bad idea to solve a problem they created. https://www.wsj.com/articles/want-fewer-homes-try-this-11582500687?mod=MorningEditorialReport&mod=djemMER_h The world’s dumbest housing policy. https://www.wsj.com/articles/the-worlds-dumbest-housing-policy-11568243654 Guest: Pam O’Dell STROAGA Short Term Rental Association of Georgia Stroaga.org We have been the whipping post. Mostly at the local level. Lot of talk, soon to be action HB 276, is law. Platforms are responsible for remitting directly the state sales tax. Use to be the owners collected the tax and had responsibility to pay it. It is retroactive to Jan 1, 2020.  Platforms are being sued by various municipal governments for back taxes.  HB 448 being debated. Extension of 276. Asks the platforms to remit the hotel motel tax.  Tax bills are required to be accompanied by a Fiscal Note, basically projecting how much revenue this tax would generate. It is projecting that short term will bring in more money.  Bans. IF a municipality bans airbnb now they are costing the state money.  Preempt bill. A state law preventing local municipalities from banning STR  Your Questions: Send emails to [email protected] Motivational Thoughts for the day "If you laid all of our laws end to end, there would be no end." ~ Mark Twain "It may be true that the law cannot make a man love me, but it can keep him from lynching me, and I think that's pretty important." ~ Martin Luther King

“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 [email protected]. 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 [email protected] 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 

On our last show we played part of a call held on Thursday March 19 for the Flipping America REIA Group. Our esteemed Panel consisted of Gordon Catts, Ramon Tookes and Logan Mohtashami. The call lasted longer than we could get into one show so today we will play the rest of the call for you, but we need to update you on the rapidly changing situation. In fact, by the time you hear this, I’m sure there will be new developments.  While we were on the call, California Governor Gavin Newsom ordered all 40 million residents to say home.  He stated that he believes 56% of Californians could become infected. This was immediately refuted by a Stanford Epidemiologist who stated that such projections were based on bad science. Furthermore, a number of law groups have come forward to assert that the Governor cannot legally order people to stay at home. He has the power to suspend California laws, but he does not have the power to suspend Constitutional Rights.  Various cures or cure ideas are being put forward and tested. There is a vaccine already being tested. Also on today’s show, I’m going to share with you an article from this morning’s Wall Street Journal, in case you missed it, titled “Coronavirus Vindicates Capitalism”. This is a beautiful can’t miss article by Kimberly Strassel and you need to hear it or read it for yourself. This message MUST get out to today’s young adults.  How to contact us www.flippingamerica.net.  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 [email protected]. 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/civicfinancial FlipStarter Online  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:  Everyone needs to read this - especially young adults.  https://www.wsj.com/articles/coronavirus-vindicates-capitalism-11584659306?mod=opinion_featst_pos1 Topic: PANDEMIC Discussion, Part 2 Your Questions: Send emails to [email protected] Garrett, Dallas, TX “Is this the worst epidemic to ever hit America?” Patrick, Portland, ME “I was driving and missed it - please tell me the dates and times for the FlipStarter Online and how to sign up.” Melissa, Oconomowoc, WI “What is the best time of year to buy investment property?”  Motivational Thoughts for the day “It’s going to be OK in the end. If it’s not OK, it’s not the end.” -Roger Blankenship Tags: real estate, real estate investing, real estate investments, real estate education, income properties, Roger Blankenship, Flipping America, pandemic, coronavirus, COVID-19

A week ago I noted that nearly half of the newspaper and media stories were about the COVID-19 virus (and I’m going to try and stop using Corona virus out of respect for Corona Beer and Corona Cigars, neither of which had anything to do with this). This morning as I read the newspaper, 9 out of 10 stories were either about the pandemic or the effects of the pandemic. US cases as of today, March 19 exceed 10,000 and we have had 161 deaths. Not to be insensitive but to provide a little perspective, So far in 2020, the flu has hospitalized more than 250,000 and more than 14,000 have died.  It’s staggering to see the entire American economy come to a grinding halt. Just today, San Francisco is shutting down the entire city for four weeks. Churches, restaurants, bars, and gyms across the country are not meeting. People are either working from home or not working. And the financial effects are being felt from Wall Street to Main Street. Those with good jobs are suddenly without work and are facing an imminent crisis when their cash runs out.  How will they pay mortgage or rent? How will they buy food? How will they live? The government is stepping in. Congress has already passed two stimulus measures and they are working on more, more than $1 trillion in stimulus spending is planned and the White House has said they will do more if needed. FHA has called a moratorium on foreclosures and evictions from all FHA guaranteed loans for the duration of the crisis, At least three cities have already banned evictions and others are considering it. I’m immediately wondering two things. How far up the food chain will the forgiveness for non-payment go? We can’t evict our tenants for non-payment, but without their rent, we may not be able to pay our mortgages. For those with free and clear rentals, that money may be our primary income. What will we do? All of the social distancing is designed to protect the contagion from spreading. But this cannot last forever. When it DOES end, if only one person in the world is still contagious, what is to keep this from starting all over again?  I believe the health experts are working on answers to the second question. Our purpose over the next little while is to try and address more of the economic questions, particularly with regard to real estate investors.  My team and I will give 30 minutes of our time at no cost or obligation to help you take the next steps - or your first steps in your RE business. Go to bit.ly/talktoroger Also, we have lowered the price of our entry level course, “Real Estate Investing Quick Start” to $97 for the duration of the crisis. bit.ly/requickstart The Economy as a whole The Short-Term economic outlook. The Long-Term impact The Recovery time and process (once we hear the “all clear). Question: Do you expect a quick snap-back due to growing pent up demand? (A V-shaped recovery?) The Federal Government Economic Intervention Stimulus package passed Wednesday afternoon: 2 weeks paid leave for employees.  $1 Trillion stimulus package on the way. FHA backed loans will not foreclose for at least 60 days.  Other initiatives? Local California stops evictions. Boston and New York considering.  Question: Should these same municipalities spare the landlords from having to maintain properties and pay mortgages during this time? How far up the ladder should relief go? Asset Classes for Discussion. How do you see each of these areas being impacted? And more importantly, what can people do who make their livelihoods here? Single Family Fix and Flip Single Family Rentals Multi-Family Rentals Short-Term Rentals Other Real Estate Investing Strategies General Questions: What should each listener do right now? Your top 2 things What opportunities are out there right now?  What opportunities will be there when recovery is underway? When the “all clear” is given, what is the optimal position for us to be in? How to contact us www.flippingamerica.net.  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 [email protected]. 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 RE QuickStart bit.ly/REquickstart  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:  250,000 hospitalizations, 14,000+ deaths. The FLU, not Covid-19, 105 children have died. 6.8% of those contracting the flu will die. https://www.usnews.com/news/health-news/articles/2020-02-21/flu-season-thats-sickened-26-million-may-be-at-its-peak Mortality rate from Covid-19, 4.12% https://www.worldometers.info/coronavirus/       Topic: RE Investing During a Pandemic   Your Questions: Send emails to [email protected] Many “If I can’t collect my rent, what am I supposed to tell my mortgage company?” Carter, Tampa, FL “I have several tenants who are already not paying, although I believe it has nothing to do with the coronavirus. As I write this only about 20 people in our metro area have it. How do I proceed?”  Suzanne, Villages of Ocala, FL “We live in a retirement community and along with our neighbors we are truly frightened. No one is going out. We are having food and supplies delivered and sanitizing the bags they come in before touching them. I can’t help but wonder how America is going to cope. I love your show and enjoy your enthusiasm. I’m just wondering what your outlook is right now.” Motivational Thoughts for the day “It’s going to be OK in the end. If it’s not OK, it’s not the end.” -Roger Blankenship   Tags: 

A couple of weeks ago in our show prep we came across a new way to buy houses with a company called FLEQ. I said at the time I wanted to get the founder, Todd Sherer, on the show. And today we are delivering on that. Todd has been around in the mortgage and finance business for many years and he has created a business model that I believe has a chance to fill a real need. Buyers can now buy a house without a mortgage, enjoy the benefits of homeownership but also have the flexibility to easily sell or move as life takes them where it does. Plus today I’m going to answer a question we’ve received probably over a hundred times - How can the average person figure out what a property is worth - or better yet, what it will be worth when they finish remodeling it. I’m going to tell you the process that I have followed for years. Also we have an important question today about pulling the trigger on your first deal.  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 [email protected]. 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. Topic: Buying a House with FLEQ, Todd Sherer Your Questions: Send emails to [email protected] Grady, Keyshawn, and 22 more, “How do I figure out what this property is really worth? What is the ARV? Do I just ask a realtor to figure it out for me?” 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 “When your work speaks for itself, don’t interrupt.” -Henry J. Kaiser

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 [email protected]. 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 [email protected] 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&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

What if you could make $10,000 more on every flip, simply by paying less for capital? What if you could access large lines of credit with NO personal guarantees and not attached to your personal credit? How many more deals could you do? What would it add to your bottom line? How different would your life be 5 years from now if you could do two more profitable deals each year between now and then? These are the types of questions you should be asking when you begin to think about business credit. Now I’m not talking about the type of business lines of credit where you pay what amounts to 40% interest and you have to make daily payments starting the next day after you receive the money. I learned this business model the hard way about 8-9 years ago. I had a few conversations with some money guys in New York. Turns out they had clever ways to avoid having their interest rate labeled usurious, but they were work arounds. And they were a rip-off. Since that time I have been on the robo-call list as a sucker who needs money. I get 5-10 of these call every day. Still to this day.  But that is NOT what we are going to be talking about. We are talking about legitimate lines of credit for your business, obtained because of and on behalf of your business. These loans are solid and real. And I’m going to tell you right now that since I favor good quality debt backed by real estate, this program qualifies. Stephen Wible is coming up in a few minutes to explain it, which I will let him do. 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 [email protected]. 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 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: Business Credit, with Stephen Wible Creditsuite.com [email protected] Home Depot Lowes, visas, master card, etc.  Car loans.  Email address is a potential red flag.  Need a real business line.  Google voice doesn’t work for this, Its not listable.  There are 125 items in the fundability database.  Wheel of fundability. Most of it is automated.  LexisNexis  Your Questions: Send emails to [email protected] Cherry, Atlanta “What do you see for the market in 2020?” Stephen, Atlanta, “What are your top criteria for entering the market in a distant city?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day “You can’t have a million dollar dream with a minimum wage work ethic.” -anonymous

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 [email protected]. 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 [email protected] 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  

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 [email protected]. 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&utm_source=hs_email&utm_medium=email&utm_content=82413990&_hsenc=p2ANqtz--W0CZXyKhJi4V0kyY-zbHZ_zcX3veyEf3A0dJwwUwrLZlMmXU7JMyXG183MCP-0nfVYqhls5eZIKaLPOFQRoa9q_CjnzWRi1uAdiiCWv_dSRXpcCE&_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&utm_source=hs_email&utm_medium=email&utm_content=82376728&_hsenc=p2ANqtz--xz68zlKWLLS7WB0Di8v-PEI6b3GsGXPd_m2CAYsIu9N56HKt_yG6t4ttHoOfMEJoKhJUI50Trtyl7YJF6NjkHQhfcposRkAT5r7PPCCzCz55yu_0&_hsmi=82376728 Top Four Characteristics of Rental Houses https://www.rentometer.com/articles/characteristics-of-the-best-rental-properties-for-beginners?utm_medium=email&utm_source=mailchimp&utm_campaign=non-sub-unconfirmed-email&utm_term=012420&utm_content=icymi&utm_source=RoM+Production&utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&utm_medium=email&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&utm_source=mailchimp&utm_campaign=non-sub-unconfirmed-email&utm_term=012420&utm_content=icymi&utm_source=RoM+Production&utm_campaign=d93223e608-EMAIL_CAMPAIGN_2020_01_23_08_19&utm_medium=email&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&utm_medium=email&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&utm_medium=email&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&utm_source=hs_email&utm_medium=email&utm_content=82197463&_hsenc=p2ANqtz-8947O3xHP1jmNVXaOgQEVeRislSnuyyDPATD2rUenALO_GQDikEc0Zba6IjXfWb9MKCamU3zRGmFvhIc9TmA2yJfQWQqq7WbFxjfUEiIgw7bENeg8&_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&utm_source=hs_email&utm_medium=email&utm_content=81986960&_hsenc=p2ANqtz-_D9riLIllfv13TYG8O4jR9S6BlGM_E0J_onW2KFXSoX_N20Q0yUzz-6yZdvEOHSHm1zFOihhkHH1nfAHUA-fbZl6UCKPUB71SnwRB9lMQfNVbtr6Y&_hsmi=81986960 Topic: Contractors  Resources: https://www.nascla.org/page/LicensingInfo Your Questions: Send emails to [email protected] 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  

More and more real estate investors are showing up every day and it's getting more difficult to find good deals. The newbies are paying too much and it looks like the opportunity has played out. Where can we go to find new opportunities and use what we have learned? What a show we have for you today! Thank you to all of you who are piling on the questions about real estate. Last show we answered some questions about contractors. We didn’t get to them all and to be frank I don’t think I gave enough time to answering Marilyn’s question so we are going to address that one first. If you’re missing out on the REIA meetings, you’re just missing out. A new topic every week, but most importantly the questions. This is what makes the Flipping America REIAs one of the best things you can do. Small groups meeting together, asking their questions, looking for answers, and getting them. It’s people interacting, building friendships, business partnerships, and making things happen. Memberships start as low as $10/month. Flippingamericareia.com.  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 [email protected]. 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. Topic: Contractors  Resources: https://www.nascla.org/page/LicensingInfo Your Questions: Send emails to [email protected] 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?” Adrian, Columbia, SC “What do you see as the up-and-coming innovations for real estate investing in 2020?” Candace, Orlando, FL “Our town is being overrun by newbie investors. They are paying too much and wholesalers are happy to charge them too much. I still need and want to flip houses, but I need some ideas. It’s getting really tough to find anything worth doing here.”  William, Long Beach, CA “I want rental income, but I want it from a source that makes sense. Buying here in southern California doesn’t make sense if you want cash flow. What do you suggest?” Danny, Pontiac, MI “I have owned shares in a couple of REITs for a few years. They are doing ok, but I wonder if there are other opportunities to invest I don’t know about. Sherman, Louisville, KY, “What do you think is the biggest opportunity in real estate in 2020? Vincent, Philadelphia, PA, “I just went to my first REIA meeting and WOW. I was stunned by everything people are doing. There are so many ways people are making money I’m truly astonished. My problem is, I don’t know what I need to focus on.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The Road to Success is always under construction.” Arnold Palmer  

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 [email protected]. 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 [email protected] 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  

We are getting a lot of questions about the Flipping America REIA so we’ve stored them up and today will answer as many of them as we can. I have some interesting news and the first lists of 2020, all coming up in a few minutes. Also today I’m going to introduce you to the new “Carpenter Index” from the American Enterprise Institute. The question behind the premise of the Carpenter Index is “they can build it, but can they afford it?” It’s a measure of whether or not the average carpenter can afford the average home in a city.  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 [email protected]. 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: https://www.realestatedaily.com/news-items/real-estate-slowdown-spooks-investors-where-flipping-is-slowing-the-most/ https://www.housingwire.com/articles/home-renovation-boom-expected-to-weaken-in-2020/ https://www.realestatedaily.com/news-items/zillow-redfin-and-the-tinderization-of-the-real-estate-market/ https://www.aei.org/the-carpenter-index/ https://www.aei.org/op-eds/to-solve-the-problem-of-unaffordable-entry-level-housing-abolish-single-family-zoning/ https://www.nbcnews.com/news/world/airbnb-plans-remove-listings-israeli-west-bank-settlements-n938146 https://www.aei.org/best-and-worst-metro-areas-to-be-a-first-time-homebuyer/ https://www.aei.org/op-eds/to-solve-the-problem-of-unaffordable-entry-level-housing-abolish-single-family-zoning/ Topic: FAREIA Your Questions: Send emails to [email protected] What are the main advantages of membership? Do you have a monthly plan? What comes with the Coaching membership? What’s the difference between online courses and mentoring? How do I advertise with the FAREIA? Is there a place to get free advice? Are you competing with local REIAs? There are a couple of other groups that call themselves national REIAs. How are you different from them? I’m feeling lost, can you help me? Is there a place to get free advice? Can someone help me with Deal Analysis? I have a deal I want to wholesale. May I introduce it to the group? I’m a hard money loan broker. Will you email my contact info to all your members? What are the qualifications to lead a local groups? Someone told me they make money leading a group. I see it actually costs $100/month. How do I make money? You were already doing two meetings a week. How is this different? Why make this change? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Think Big And Don’t Listen To People Who Tell You It Can’t Be Done. Life’s Too Short To Think Small.” -Tim Ferriss  

Today we are going to dedicate some time to answering your real estate questions. They’ve been building up for a minute and some of you have asked basic questions that need an answer. If you have questions about real estate or real estate investing, send them to [email protected]. Or you can go to the website, rogerblankenship.com and leave us a voice mail. We promise you an answ er and we might even answer your question on the show.  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 [email protected]. 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: https://www.housingwire.com/articles/former-fannie-mae-employee-gets-6-years-in-prison-for-making-1-million-on-shady-foreclosure-sales/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=81994043&_hsenc=p2ANqtz-8WxZmDKfR3cLEe-pL3xPhelL5iRcPY3XDcZ8cvpMyD5pZ4mKPOZit8EVco1IA_K8ErCCZpBoN44LSvqWpDAVaZojW9qxQotQUMDpIbldVDZOl7nOo&_hsmi=81994043 https://www.attomdata.com/news/market-trends/figuresfriday/top-10-most-least-affordable-rental-markets-in-2020/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-counties-with-foreclosure-start-increases-in-2019/ Your Questions: Send emails to [email protected] Wanda, Atlanta, GA “I’ve been researching and studying. I just want to know, what do I do to really get started in this business? I don’t have much money so I think my best option is wholesaling, but how do I jump in and get started?” Adam, Milwaukee, WI, “I hear you talking about buying houses around the country. If I’m just getting started fixing and flipping should I stay more local?” Richard, Albany NY. Which would you rather have, 1 big flip in your own back yard that in six months will pay you $53,000 net, or 3 rental houses that together bring in $960 net of expenses. Rebecca, Pensacola, FL, “How do I get started in AirBnB?” Rich Munroe, 770-540-7638. Benton, Columbus, GA “I’m really struggling in all this. You and all the other gurus make is sound so easy. Why am I having such a hard time getting my first deal?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The Person Who Says It Cannot Be Done Should Not Interrupt The Person Who Is Doing It.” – Chinese Proverb  

We have a great show coming up today. As of January 1, 2020, every real estate wholesaler in Illinois is required by law to be a licensed real estate agent. As you can imagine this has caused quite a stir in the real estate investing community. Wholesalers are coming out and accusing the Realtor lobby and the state of Illinois of a money grab. Others say the wholesaler community has brought this on themselves by their repeated lack of professionalism and willingness on the whole to take advantage of homeowners. Coming up in a few minutes I have Bob Floss the Second, a lawyer from Chicago who has extensive experience and practice in real estate law and even has his own YouTube channel. We are going to talk about this development.  When you combine this law with the recent NAR ruling that all licensed Realtors can no longer carry pocket listings but all properties must appear on the MLS within 24 hours, they are possibly are undermining the entire business model of the wholesaling industry. And before you shrug and say, “well that’s the Democratic Republic of Illinois - I’m not moving there and it doesn’t affect me.” I would have you know that lawmakers in other states are paying attention and the issues are not different in those other states. This law is very possibly coming your way soon.  Shut up and Dribble.  When I was in college, I had a class called Persuasive Speaking. This was a part of my double major in Speech Communications and Theology. We learned the principles of rhetoric as it is formally known, studied great persuasive speeches in history and then wrote and delivered our own. It was nerve wracking and difficult. The professor was extremely difficult to impress and for this I’m grateful. As a part of the course we surveyed the rules of logic. It was not a course in logic - that would be later on. But we were expected to understand and apply the basics.  For one of my assignments I delivered a speech on an alternative cancer treatment. During the speech I quoted a nationally known politician speaking favorably about the treatment and encouraging the FDA to approve it. That move got me a C on this assignment. Why? I appealed to authority, which is a good move, but the authority was not qualified to speak on the subject. Why? The politician was not a scientist or a doctor and his opinion on the treatment was not based on any scientific process or clinical study. Obviously I’ve never forgotten the lesson I learned. Everyone is entitled to his or her own opinion. And each person is, in this country free to share his or her opinion with whomever will listen. That doesn’t mean the person, no matter how famous or well-loved is informed, intelligent, or correct. It ONLY means they have the ear of a lot of people. For example, there are those in our society who have a special ability to run very fast while bouncing a ball on the floor, jumping very high and throwing that ball into a hoop. Of course I’m talking about basketball. The NBA has about 400 of the best in the world at this special skill. Believe me when I say it’s a lot harder than they make it look. It truly is a special and marvelous skill. But the mere fact that a person possesses this special skill does not guarantee that they are smart, that they ever think things through, or even know how to read. In fact many of them, if not most barely have a high school education. And that’s ok. They have a skill that will enable them to make millions. And they are entitled to their opinion. But I’m not obligated to take their opinion seriously, unless its about their area of expertise. There are others whose special skill is convincingly pretending to be someone else. I’m talking about actors. This is far more difficult than you could imagine and those who are truly proficient in this are rare indeed. But the ability to pretend to be someone else and recite clever lines someone else has written, or even ad lib your own, does not make that person an authority on anything other than their area of expertise - pretending to be someone else. And now I’m going to prove to you that being a great athlete or actor does not automatically make you smart. If you’re smart you know that the public is about evenly divided in the political debate. You should also know that if you publicly express your political opinions you are going to alienate about half of the population. And if you were truly smart, you would know that although you have a right to express yourself, doing so might be a bad business decision. The fact that so many actors and athletes now feel it is their duty to express their thoughts about issues unrelated to their expertise and genuinely believe people should listen to them simply because they are famous reveals precisely how smart they are NOT.  You are all entitled to your opinion. You are all entitled to express it. But NO ONE is obligated to take you seriously.  On the other hand, I have my own special skill. I think and talk for a living. I research, study, analyze, consider history, ponder possibilities, and express these things as a part of my career. I know a few people who think my skills in this are at an elite level. If you should listen to ANYONE who wants to express their thoughts, it seems like you should listen to someone who actually thinks at a high level for a living, right? But even then, you will notice that I studiously avoid political debate on this show. Why do I do that? Because a) this show is not about politics and 2) I see no reason to alienate half of y’all. I realize that the occasional expression of my faith may be off-putting, but I’m pretty sure I’m don’t take an “in-your-face” type posture about any of this. Why? Because I’m not here to fight. I’m here to inform, inspire, and entertain.  So the next time you see some outrageous or provocative comment from someone famous, ask yourself whether this person has the standing or authority to speak knowledgeably on the subject.  You’ve heard the expression “haters gonna hate”? Well here’s a corallary to it: “Dummies gonna dumb”. Then let it go.  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 [email protected]. 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: Wholesaling and Licensing Your Questions: Send emails to [email protected] Rhonda, Pottstown, PA. “I’m about to buy my first rental. There’s a guy at the local REIA who says he can do rental loans. Why wouldn’t I just go to my bank and get the loan?” Geraldine, Villages of Ocala, FL “How many properties to I need to own in order to retire? I have three.”  Vince, Covington, GA, “Looking at a deal right now. The guy wants $160,000. He’s pretty much finished the rehab. It just needs appliances, which I can put in for about $3,000. The ARV is $180,000. Is this too tight? I want to wholesale it.” 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  

The show is called Flipping America and flipping properties is a great way to make a living. But it is not a method for accumulating wealth in real estate. It’s a business that will throw off cash but that will stop when you do. If you want to create wealth through real estate you must own income-producing properties. Our guest today, Kathy Fettke has mastered the process of not only buying these properties, but showing others how and creating a means by which YOU can participate without all of the work. I’ve been on her mailing list for quite some time and I have great respect for the work she has been doing. It’s an honor to have her on the show today and she will join us in just 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: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to [email protected]. 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: Topic: Kathy Fettke, Turn Key Rentals Your Questions: Send emails to [email protected] Richard, Jackson, GA “What are your thoughts about flipping houses in a small town? We are about 40 miles south of metro Atlanta.” Kenneth, Birmingham, AL “I’m a licensed Realtor in Hoover and I see houses flying off the shelves with no sign of slowing down. But I turn on the TV or check articles online and see people talking about the coming real estate crash. This doesn’t square with my experience and I wonder if you could share some thoughts about this. Is the market about to crash in some locations but not others?” Teresa, Alexandria, VA, “How much does your rehab analyzer cost?” David, Austin, TX, “I’m brand new to all of this. What is a subject-to purchase? I was at a REIA meeting and heard people talking about it.” Jackie, Colorado Springs, CO, “My husband and I are looking to buy our first property and we are considering a duplex. We would live on one side. Our tenant would almost cover the mortgage payment with her rent. Seems like a good plan. Have you ever heard of someone doing this? We would move out when we start our family and just rent both sides. And can you help us with any resources for landlording?” Rhonda, Pottstown, PA. “I’m about to buy my first rental. There’s a guy at the local REIA who says he can do rental loans. Why wouldn’t I just go to my bank and get the loan?” Geraldine, Villages of Ocala, FL “How many properties to I need to own in order to retire? I have three.”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Give a man a mask and he will show you his true face.” -Oscar Wilde    

Real Estate Investing is SO much more than single family homes. With all of the television shows regarding fixing up houses, it’s easy to forget there are other asset classes. 17% of the American population live in apartments. Apartment investing can be a terrific source of cash flow. Yes they are more expensive and yes the due diligence process is more involved, but it’s not that much more complicated than single family investing. Contrary to popular belief, you do not need to start with single family and “graduate” to apartments. It’s possible to start with apartments! Our guest today, Lance Edwards has been investing in multi-family for many years and now teaches people how to do it. He’s the author of “Big Profits in Small Apartments” and in today’s edition of Flipping America, you’ll learn how you can get your copy of this great book for free.    Plus we will get to some of your questions today. We appreciate the questions - keep em coming!   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 [email protected]. 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 . 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: https://www.housingwire.com/articles/fha-fannie-mae-freddie-mac-are-all-now-backing-larger-loans/ https://www.housingwire.com/articles/where-will-the-hottest-housing-markets-be-in-2020-go-south/ https://www.housingwire.com/articles/u-s-construction-spending-rises-4-1-from-november-2018/ https://www.housingwire.com/articles/mortgage-rates-start-2020-well-below-last-years-average/ Topic: Lance Edwards, Apartments Your Questions: Send emails to [email protected] Alphonso, Ringgold, GA, “I have a written a couple of contracts for flips and thought I had good deals, but the hard money lenders I spoke with wouldn’t fund them. They told me they weren’t good enough deals. Can you recommend a different hard money lender?” Caroline, Huntsville, AL, “I just moved to Alabama from California. I have an LLC in California and own a couple of rentals in Utah. I’m about to start buying rentals in Alabama and Tennessee. Do I need to set up an LLC here?” Ashraf, Long Beach, CA, “How does one find rental properties in another state? I do not wish to purchase in California.” Marcus, Milwaukee, WI, “I’m following your lead bro. I just bought a house in Des Moines, IA. I need to get a few things fixed before I seller finance it to someone. How do I find someone over there?” Dawson, Port St. Lucie, FL, “What is your opinion about buy and hold properties along the Atlantic coast? The money seems good, but I worry about hurricanes.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "Educate your children to self-control, to the habit of holding passion and prejudice and evil tendencies subject to an upright and reasoning will, and you have done much to abolish misery from their future and crimes from society." - Ben Franklin      

Real estate investing is profitable, interesting, and can even be a little bit fun. What can enhance all of these feelings is to invest in real estate and not pay taxes on your profit. This is entirely possible, legal, and yes the IRS knows all about it. How can this be accomplished? The Self-Directed Roth IRA. You can set up a retirement account that invests in real estate - even if you already have a 401k or other retirement account at your job. And if you have an old 401k from a previous employer, you can convert that to a self-directed account that will allow you to invest in real estate. There are rules and limitations of course, but also a world of possibilities. Today I’m joined by Mike Ventry of American IRA. American IRA is one of the finest providers of this service in America and we will explain why shortly. Mike Ventry is one of the most knowledgeable and credible people in the industry and you’ll see why in just a few minutes as he joins 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 [email protected]. 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: https://www.forbes.com/sites/heathersenison/2020/01/07/five-questions-your-real-estate-agent-legally-cannot-answer/#104d90c41755 https://www.marketwatch.com/story/5-ways-the-housing-market-will-surprise-us-all-in-2020-2020-01-13 https://www.marketwatch.com/story/this-ghost-of-the-housing-bubble-still-haunts-the-home-mortgage-market-2020-01-15?ns=prod/accounts-mw https://www.corelogic.com/insights/loan-performance-insights-report.aspx?WT.mc_id=crlg_200114_vKK7e&elqTrackId=63a710eee054491d9c54bb6bfbfafd30&elq=23d266705b894df39dacaf96d897b7fa&elqaid=20681&elqat=1&elqCampaignId=11853 https://www.corelogic.com/insights/home-price-index.aspx?WT.mc_id=crlg_200107_5yUEv https://www.housingwire.com/articles/former-fannie-mae-employee-gets-6-years-in-prison-for-making-1-million-on-shady-foreclosure-sales/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=81994043&_hsenc=p2ANqtz-8WxZmDKfR3cLEe-pL3xPhelL5iRcPY3XDcZ8cvpMyD5pZ4mKPOZit8EVco1IA_K8ErCCZpBoN44LSvqWpDAVaZojW9qxQotQUMDpIbldVDZOl7nOo&_hsmi=81994043 Topic: Self Directed Real Estate Investing. Your Questions: Send emails to [email protected] 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?” Kurt, Anderson, IN, “I’ve accumulated a bit of cash ($200,000) and want to put it into something but I don’t want the hassle of rentals. Any suggestions?” 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  

Welcome to 2020! It’s that time of year when people make resolutions, set goals, and determine that “this time things are going to be different.” Some of you are older, wiser and maybe a bit more cynical. You have long ago realized that making New Years’ resolutions is just another way to set yourself up for failure, disappointment, and guilt. So let’s just not do that. Today I’m going to cover: More Than Goal Setting - Goal DOING.

For the past few shows I’ve been looking back over 2019 and looking ahead to 2020. I hope you’ve enjoyed the thorough research, astute observations and keen insights. But hey, I’m not the only one thinking about these things. Today I’m joined by a handful of people whose opinions I respect. Gordon Catts has been in this industry since 1970 and has done every possible thing in real estate you can do. John Durham is one of the leading real estate brokers in the Atlanta area. Jeff Holst is an accomplished multi-family investor. They will join me in looking back at some of the big real estate stories of 2019 and tell us what they think the big stories will be in 2020. 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 [email protected]. 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.   Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "You rarely have time for everything you want in this life, so you need to make choices. And hopefully your choices can come from a deep sense of who you are." - Mr. Rogers  

2019 has been interesting and it’s hard to believe it’s already over, but it’s time for us to pull the cover off our crystal ball and share with you what we see coming in 2020. We do that today with my TOP TEN Real Estate Investing predictions for 2020.  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 [email protected]. 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 data set, multiple possibilities Flipping America REIA. National REIA, local focus. 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: Another City Is Paying Newcomers to Move There https://magazine.realtor/daily-news/2019/12/17/another-city-is-paying-newcomers-to-move-there Residential Construction To ‘Increase Substantially’ Come 2020 https://www.forbes.com/sites/alyyale/2019/12/18/residential-construction-to-increase-substantially-come-2020/#3fc0dc7f41ff   in 2020 https://www.nreionline.com/hotel/hotel-sector-looks-poised-another-strong-performance-2020 These Markets Will Be the Best Bets for Multifamily Investments in 2020 https://www.nreionline.com/multifamily/these-markets-will-be-best-bets-multifamily-investments-2020 The Nine Most Resilient U.S. Office Markets https://www.nreionline.com/office/nine-most-resilient-us-office-markets Topic: The Prediction Show! Recap: The Big Stories of 2019 SALT deduction above 10k affects sales of expensive properties Luxury market already losing speed - getting back to normal. Sub-luxury still hot. Lack of inventory, strong resales.  Chronic shortage of new housing starts, especially in starter home category. iBuyers make a splash. Class-Action Suit against the NAR. (the story that wasn’t. Almost no impact in brokers’ daily lives) Rent controls. Oregon and California. U.S. next? House Flipping at an all time high in 2018 (10% of all homes sold). Back down to around 5% in 2019. House Flipping profits are at a 10 year low. Zillow is about to become the Google of real estate. If they ever turn an actual profit, watch out! Smart home technology comes of age. 2020 Predictions Housing inventory shortage will continue, particularly in starter home class.  Hopeful signs: New home permits up in the 4th quarter 2019. Millennials and now older Gen Z’s will buy homes, keeping housing market stable Coastal markets will see flattening of prices, reductions in LA, San Fran, Seattle, NYC, Miami, Boston Wholesaling in Illinois. Jan 1, wholesalers must be licensed realtors.  Rent controls Forced shelter for homeless in new construction - Portland.  Looming government interference Oregon and California, now New York Illinois Nationwide? Interest rates to remain low, may see all-time low mortgage rates. Lending guidelines remain tight Default and foreclosure rates remain at all-time low rates.  Low inventory gives no incentives to loosen lending guidelines.  No housing crisis in the next six months. Low probability of housing crisis in the next two years.  Exceptional markets down - aformentioned coastal areas plus Chicago, St. Louis and Kansas City. down 1-3%.  Exceptional markets up - 3.5-4% gains Nationwide, prices will tend toward on pace with inflation - 2.8-3.2% Billings and Missoula, MT,  Sioux Falls and Rapid City,  SD Tampa, FL,  Memphis,  Raleigh-Durham, NC,  Mobile, AL,  Huntsville, AL,  Columbus, GA Chattanooga, TN Tuscon, AZ Lower profits Weeding out process - many will leave the business altogether.  House flipping markets will become more efficient in major cities.  AirBnB Self-Storage Seller Financing Inexpensive Houses Alternative small investor strategies will catch fire in 2020. Overall Housing market will resume its rightful position in the economy - a relatively minor player.  Retail brick and mortar will struggle. Increased vacancies and store closures. iBuyers will all raise new money and increase areas of operations. None will turn a profit.  If Trump is re-elected, Fannie Mae and Freddie Mac will announce plans to go private with an IPO in 2021. Private solutions for affordable housing will begin to make headlines. According to the Economic Innovation Group (EIG), "as of October 2, 2019, 115 listed funds have identified affordable and workforce housing, as well as community revitalization, among their investment priorities—a nearly four-fold increase since the beginning of 2019." Most of these developments are focused on providing affordable housing for wage earners who make around 40% to 70% of the area median income. Opportunity Zone investments will lessen in 2020, but it won’t be over. the best OZ deals may be found in 2020. Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "Often out of periods of losing come the greatest strivings toward a new winning streak." - Mr. Rogers  

Today we continue the Market Report with an in-depth look at the housing market. What happened 2019? What are the stories that will shape the housing market in 2020? What changes are taking place in the home reselling industry. The news segment today will bring you up to date with the latest in the housing market and in the second half of the show I’m going to share with you my top Ten real estate stories of 2019.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to [email protected]. 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.  Follow us on Social Media: Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding FlipCalcs: One property, Many possibilities.  Flipping America REIA, a National REIA with a Local Focus 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&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: Real Estate Wins in Government Spending Bills https://magazine.realtor/daily-news/2019/12/17/real-estate-wins-in-government-spending-bills Home Flipping Is Losing Fans https://magazine.realtor/daily-news/2019/12/17/home-flipping-is-losing-fans Home Flipping Activity in U.S. Drops 13 Percent in Q3 https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/attom-data-solutions-2019-us-home-flipping-report-real-estate-news-home-flipping-data-bank-foreclosure-sales-maksim-stavinsky-roc-capital-11718.php  Housing is in the middle of an inventory crisis. Here’s why https://www.housingwire.com/articles/housing-is-in-the-middle-of-an-inventory-crisis-heres-why/ House Federal Funding Legislation Brings Certainty, Stability to Housing Market https://www.nar.realtor/newsroom/house-federal-funding-legislation-brings-certainty-stability-to-housing-market Topic: Market Report: Housing America's housing market is coming back to life just in time to boost the 2020 economy https://www.cnn.com/2019/12/17/economy/housing-market-economy-2020/index.html US housing starts rise more than expected, with permits at a 12-1/2-year high https://www.cnbc.com/2019/12/17/us-housing-starts-building-permits-november-2019.html Homebuilder confidence jumps to highest level in 20 years https://www.cnbc.com/2019/12/16/homebuilder-confidence-jumps-to-highest-level-in-20-years.html The Big Housing Stories in 2019 SALT deduction above 10k affects sales of expensive properties Luxury market already losing speed - getting back to normal. Sub-luxury still hot. Lack of inventory, strong resales.  Chronic shortage of new housing starts, especially in starter home category. iBuyers make a splash. Class-Action Suit against the NAR. (the story that wasn’t. Almost no impact in brokers’ daily lives) Government interference to solve a government-caused problem. Why are rents so high? A central driver of higher home prices in some communities is the heavy regulation of housing markets by localities. This includes “overly restrictive zoning and growth management controls; rent controls; cumbersome building and rehabilitation codes; excessive energy and water efficiency mandates; unreasonable maximum-density allowances; historic preservation requirements; overly burdensome wetland or environmental regulations; outdated manufactured-housing regulations and restrictions; undue parking requirements; cumbersome and time-consuming permitting and review procedures; tax policies that discourage investment or reinvestment; overly complex labor requirements; and inordinate impact or developer fees.” Based on an assumption that investors will act in a manner detrimental to their own self-interest. As long as there are greener pastures and easier places to do business investors will go there. This creates shortages in the places they leave behind. Creates advantages for those presently in place. Creates shortages and disadvantage for everyone else. LA has had rent controls (1978) - and 60,000 homeless.  Washington DC has rent controls (1985) and the largest per capita homeless rate on the east coast.  Rent controls. Oregon and California. U.S. next? House Flipping at an all time high in 2018 (10% of all homes sold). Back down to around 5% in 2019. House Flipping profits are at a 10 year low. Ad sales Buyer program Agent referrals Mortgage company Other services (title company, moving services).. Zillow is about to become the Google of real estate. If they ever turn an actual profit, watch out! Many options Affordable - thanks to competition Smart home technology comes of age. Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "Love and success, always in that order. It's that simple AND that difficult." -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 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 [email protected]. 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&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&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 [email protected] 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  

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 [email protected]. 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&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&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D https://www.livingfacts.org/en/topics/trends?utm_campaign=adwords_sustained&utm_source=adwords&utm_medium=paid&utm_content=trends&utm_term=ad2&gclid=CjwKCAiA58fvBRAzEiwAQW-hzYU4pVK84N85BTLpLsmFSB9ziLXLm3eGp6wx3ARhoLya15oFwy-2FhoC9bwQAvD_BwE https://www.escapehere.com/destination/the-15-most-unfriendly-cities-in-america/?utm_medium=cpc&utm_source=google&utm_campaign=EH_GGL_US_DESK-SearchETA&utm_content=g_c_290431924708&cus_widget=kwd-299238419439&utm_term=people%20in%20the%20usa&cus_teaser=&utm_acid=6088014985&utm_caid=854205535&utm_agid=52249442811&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  

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 [email protected]. 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 [email protected] 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  

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 [email protected]. 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&utm_source=hs_email&utm_medium=email&utm_content=80440425&_hsenc=p2ANqtz--Ivv4N-06cJ6Yz8EgnhJVPFyVAGG3q4ra5f5D4clROph2f28A6P_0xsJJPZDJyPIxiZvAYhvfn5YlpHcyD_npv6LlTD_WytwIEaFbhrVmLyEJxfxc&_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 [email protected] 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  

Hey everyone! We are back with our Best Places Series and today we are going to be talking about the best places to own rental properties in 2019 and probably 2020 as well. I have a bunch of websites and a variety of opinions about this and again, it all comes down to the criteria and weighting factors used in developing the scoring system. Carissa from Macon, GA asked me to explain the weighting factors and what I mean by that. So I will. It comes from the world of statistical analysis. Let’s take for example the Flipping America Property Grade.  Mileage - a factor, but not as important as the profit.  Profit not as important as ROI, but profit still should be above 20k to make it worth your while.  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 [email protected]. 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: Fed Cuts Rate for Third Time This Year, Hints at Pause https://www.realtor.com/news/real-estate-news/fed-cuts-rate-for-third-time-this-year-hints-at-pause/ Multifamily Investors Are Spending More Capital in Secondary and Tertiary Markets https://www.nreionline.com/multifamily/multifamily-investors-are-spending-more-capital-secondary-tertiary-markets Closing on a House: 10 Common Problems to Spot in a Final Walk-Through https://realestate.usnews.com/real-estate/articles/closing-on-a-house-10-common-problems-to-spot-in-a-final-walk-through What’s the Impact of Nearby Transit on Office and Multifamily Property Values? https://www.nreionline.com/finance-investment/what-s-impact-nearby-transit-office-and-multifamily-property-values Most U.S. Home Building Primarily in Millennial Areas in 2019 https://www.worldpropertyjournal.com/real-estate-news/united-states/atlanta-real-estate-news/real-estate-news-national-association-of-home-builders-home-building-geography-index-hbgi-single-family-housing-production-data-for-2019-robert-dietz-11707.php Topic: Where to own Rentals  Our Criteria Population stable - not declining Strong middle class employment picture Relatively low home prices Quality of schools Stability of neighborhoods Potential long-term upside https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/?gclid=CjwKCAiAlajvBRB_EiwA4vAqiEnKnNzepkihunLgwyl16vlCj_9V_0p5m91Gdh2D5ywJDNJEMG6pfhoChwcQAvD_BwE https://www.doughroller.net/real-estate-investing/8-best-u-s-housing-markets-for-real-estate-investing/ https://finance.yahoo.com/news/best-worst-cities-own-investment-090000378.html https://www.gobankingrates.com/investing/real-estate/best-worst-cities-own-investment-property/ Your Questions: Send emails to [email protected] Frieda, Boston, MA, I’m trying to find a rental property to buy based on the numbers you have given and it seems impossible. The best I can do is a home for $300,000 that I can rent for $2,200/month. My payment including taxes and interest is just under 1700. It sounds like $500/month in cash flow. What am I missing?  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “There is no normal life that is free of pain. It's the very wrestling with our problems that can be the impetus for our growth.” -Mr. Rogers  

We are in our “Best Places” series of shows to end up the year. Last time we talked about the best places to live. I reeled off more than 100 great places to live and pointed out that the lists were different because of the different criteria used and the relative importance of those criteria. Today we are going to talk about the best places in America to flip properties. I have several lists, although a few of them got their data from WalletHub and are therefore not original. What you will see is that even in a business driven by the numbers, there is still room for some disagreement. Although I don’t know what the heck Bob Vila was thinking in his list. But you’ll hear it coming up! 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 [email protected]. 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: Next year will be hard on the housing market, especially in these big cities https://www.cnbc.com/2019/12/04/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html These States Have the Lowest Mortgage Refinance Rates https://magazine.realtor/daily-news/2019/12/04/these-states-have-the-lowest-mortgage-refinance-rates Market Strength to Continue Next Year, Freddie Predicts https://magazine.realtor/daily-news/2019/12/02/market-strength-to-continue-next-year-freddie-predicts 6 Cities Where You Need A Six-Figure Salary To Afford A Median-Priced Home https://www.forbes.com/sites/brendarichardson/2019/12/03/6-cities-where-you-need-a-six-figure-salary-to-afford-a-median-priced-home/#64da21db3b4c 2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More https://www.forbes.com/sites/alyyale/2019/11/15/2020-housing-outlook-expert-predictions-for-mortgage-rates-home-prices-tech-and-more/#798ade612935 Topic: Where to Flip Our Criteria Population growth Average Days on Market / Market Saturation Existing home inventory / pool of motivated sellers Team: Contractor(s) Realtor(s) Balance between costs and returns. https://www.cnbc.com/2018/05/09/10-best-states-for-turning-a-profit-on-flipping-a-house.html https://www.housingwire.com/articles/49738-here-are-the-top-10-best-and-worst-places-to-flip-a-house/ https://wallethub.com/edu/best-cities-to-flip-houses/23158/ https://www.fortunebuilders.com/house-flipping-the-top-5-cities-to-invest-in/ https://www.bobvila.com/slideshow/the-best-cities-in-america-for-flipping-houses-in-2019-52644 https://blog.walnutstreetfinance.com/top-12-markets-for-house-flippers-in-2019 https://reww.com/blog/top-markets-house-flipping/ https://selectstudentservices.com/wondering-where-2019s-the-best-places-are-to-flip-houses/ https://selectstudentservices.com/wondering-where-2019s-the-best-places-are-to-flip-houses/ Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "Anyone who does anything to help a child in his life is a hero. " - Mr. Rogers  

We are winding down to the end of 2019. It’s been an interesting year to say the least! Over the next several shows we are going to review this past year, look ahead to 2020, and consider some of those lists we love. On the last show we started looking at some of the Best Places lists. We continue with that today and we will begin with the Best Places in America to live. If these are great places to live, they are also great places to invest. Some of the results will surprise you and there are several towns I’m betting you’ve never heard of. We have results from the usual suspects such as Money magazine, US News and World report, cnbc.com, and USA today, but we also have results from a couple of websites you may not be familiar with, Niche and liveability.com. These two sites add an interesting spin on the best cities. I can tell you right now we are going to name a LOT of nice cities and towns in the next few minutes - the lists are not identical - in fact they are remarkably different because they use different criteria and weighting factors. But the point is, there are great places to live all across the country. And every one of those places will have a part of town that isn’t quite as nice as the rest of the town. Another piece of the story is that almost any place can be a good place to live depending on your personal criteria. For example, if you love golfing and motorcycling, almost no place in Minnesota will be ideal for you. But if you love winter sports, snowmobiling, and long winter nights in front of the fireplace, it could be just right. 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 [email protected]. 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.   Topic: Best Places to Live https://www.cnbc.com/2019/04/15/us-news-world-report-best-places-to-live-in-the-us-in-2019.html https://www.businessinsider.com/us-news-best-places-to-live-in-america-2016-3 https://www.niche.com/places-to-live/search/best-cities/ https://money.com/money/collection/best-places-to-live-2019/ https://www.usatoday.com/story/money/2019/09/10/americas-50-best-cities-to-live/40089949/ https://www.mentalfloss.com/article/600133/best-places-to-live-america-2019 https://www.cntraveler.com/galleries/2016-03-04/the-best-places-to-live-in-the-us Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “You rarely have time for everything you want in this life, so you need to make choices. And hopefully your choices can come from a deep sense of who you are.” - Mr. Rogers  

Today we are hitting the headlines hard and taking some of your questions. We have green startups, best places to live and work, and the top 25 cities Americans can’t wait to leave!  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 [email protected]. 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: The Best Places For Business And Careers 2019: Seattle Still On Top https://www.forbes.com/sites/samanthasharf/2019/10/30/the-best-places-for-business-and-careers-2019-seattle-still-on-top/#4ff07d653df2 Four Lessons Real Estate Investors Should Thank The Great Recession For https://www.forbes.com/sites/forbesrealestatecouncil/2019/11/12/four-lessons-real-estate-investors-should-thank-the-great-recession-for/#30924d503dcc Bigger cities https://www.forbes.com/best-places-for-business/list/#tab:overall Smaller cities https://www.forbes.com/best-places-for-business/list/small/#tab:overall Wells Fargo backs 8 green housing startups https://www.inman.com/2019/11/13/wells-fargo-backs-8-green-housing-startups/ Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over https://www.cnbc.com/2019/11/13/weekly-mortgage-applications-jump-to-highest-level-in-over-a-month.html Homeowners get the highest rates of return when selling in these 3 cities https://www.cnbc.com/2019/11/06/homeowners-get-highest-rates-of-return-when-selling-in-these-3-cities.html Your Questions: Send emails to [email protected] Lee, Forsyth, GA “I work on the south side of Atlanta, but live closer to the north side of Macon. I want to start buying rental properties. Should I go closer to home or closer to the big city with my investments?” Rhonda,  Boulder, CO “Ever since I started listening to you I’ve wanted to attend your FlipStarter event. It’s just difficult for me to make it from Colorado to Atlanta. Do you plan to make it available as online training at any point?” Julia, Madison, WI “I was looking for your facebook broadcast last Thursday - wanted to hear your thoughts on winter-time investing, but for some reason I couldn’t find it. I’m interested to hear what you shared.” Wilson, Orlando, FL “I think it’s impossible to find a 1% rental house here in Orlando. I want rental properties but don’t want to lose money on them. I could head out of town a few minutes in almost any direction and find properties that fit your buying criteria. The thing is, I don’t know whether I can keep them rented. Those areas aren’t as popular as Orlando. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Your problem isn’t the problem. Your reaction is the problem.” -Anonymous  

Today we are going to talk about a couple of BRAND NEW products and offerings from Flipping America. Quick Start and FlipCalcs. And later on, Jack Bosch is going to join us to talk about making a LOT of money in land investments. It’s relatively simple, uncomplicated, and the potential is staggering. Buy land for pennies on the dollar, sell for a deep discount and still make money.  Known as “the Land Guy,” Jack Bosch is a real estate investor, educator, husband, and father. Originally an immigrant from Germany who came over with just 2 suitcases and a bunch of student debt,  Jack (with his wife Michelle) have found their niche in Real Estate. Since 2002, they have been buying and selling lots and unimproved land and have flipped more than 4,000 transactions. It only took them 18 months to go from Zero to $1M. Since 2008, Jack and Michelle also have been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Plus, they have figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades. In addition to land flips, Jack and Michelle also own a portfolio of rental houses, commercial properties and even large apartment buildings. However, land and lots is their first passion because as Jack says there are no “Tenants, Toilets and Termites” on land, which really means no repairs, no inspections, no mold, no contractors. While still flipping over 100 properties a year, they now spend 2-4 months a year traveling the world with his family. They designed their business to fit their lifestyle, and the cash and cash flow from the business and investments allows them the luxury of living life on their own terms.  Jack is also a #1 bestselling author of the financial literacy book "Forever Cash, break the earn-spend cycle, take charge of your life, and build everlasting wealth and hosts the successful podcast “Forever Cash Life – Real Estate Podcast" 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 [email protected]. 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: 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: Warehouse leasing plummets – because there's so little new space to lease https://www.cnbc.com/2019/11/12/warehouse-leasing-plummets-because-theres-so-little-new-space-to-lease.html CRE Economist Puts Recession Odds At 60% By 2021 https://www.bisnow.com/national/news/economy/berkeley-cre-economist-puts-recession-odds-at-40-for-2020-60-by-2021-101716  Freddie Mac Credit Protects $69 Billion of Single-Family Mortgages in Q3. What is the Credit Risk Transfer Program? https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/-freddie-mac-credit-risk-transfer-program-data-for-2019-mike-reynolds-real-estate-news-stacr-acis-11666.php The Best Apps for House Hunting https://realestate.usnews.com/real-estate/slideshows/the-best-apps-for-house-hunting Zillow  Realtor.com Trulia Redfin Homesnap Real Estate  Homes Estately Real Estate  Century 21 Local    Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   A mistake should be your teacher, not your attacker. A mistake is a lesson, not a loss. It is a temporary, necessary detour, not a dead end. -Anonymous  

It’s Q&A time again! We are going to devote a good bit of today’s show to answering your questions. If you have a question about real estate or real estate investing, we promise we will either answer it or if we don’t know, we will get an answer for you. You have a lot of options when it comes to asking a question. Most of you email to [email protected]. Occasionally people will leave a question at our national comment line, 404-369-1018. Now you can leave a voicemail for me at my website, rogerblankenship.com. And you can always send us a question through social media. I don’t tend to see those right away, but whenever we get a question about real estate we answer it. We are not going to do your homework or your research for you, but we will go off of the numbers you provide and tell you whether we would do the deal. So sure, we will tell you whether it sounds like a deal will work. But there are always other types of questions as well, as you’re about to hear. So don’t be shy -- reach out with your question.  Start your new year off with a Boost and a Bang in your real estate career. FlipStarter Atlanta is January 11-12th. Tickets will go on sale next week and we will have some type of early bird pricing I’m sure.  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 [email protected]. 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: 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: David Burt is at it again. https://www.inman.com/2019/11/04/this-big-short-investor-is-betting-against-mortgage-market-again/ I know you’ve been talking about this at the networking events, but what’s a non-QM bond, and why is this important?https://www.bloomberg.com/news/articles/2019-11-04/risky-mortgage-bonds-are-back-and-delinquencies-are-piling-up https://www.chicagotribune.com/real-estate/ct-re-condo-deconversion-1110-20191104-qluzf5donvende6k56orv3ebwu-story.html FTC Cracks Down on Real Estate Seminar Scams https://magazine.realtor/daily-news/2019/11/07/ftc-cracks-down-on-real-estate-seminar-scams Airbnb Vows to Verify All Listings Posted at Its Site https://magazine.realtor/daily-news/2019/11/07/airbnb-vows-to-verify-all-listings-posted-at-its-site  Low U.S. Interest Rates Are Fueling a Bubble in Commercial Real Estate https://www.nreionline.com/finance-investment/low-us-interest-rates-are-fueling-bubble-commercial-real-estate Your Questions: Send emails to [email protected] Hank, Portland, OR, “Glad I found your show. I’ve enjoyed listening. I’m sure you’ve heard this a million times, but I would like to know you opinion on the best way to get started in this business. Becca, Milwaukee, WI “I’m looking at a deal that just by the numbers looks like a good deal. But when I look at the house it just doesn’t feel right. My boyfriend tells me I should trust the numbers but my realtor kind of agrees with me - it just an ugly house situation on a weird lot. Am I missing an opportunity if I say no to this? Sandy, Chattanooga TN, “I have an opportunity to buy a rental house in a gentrifying neighborhood just south of downtown. Although it’s improving, the schools there are are still terrible and crime is high. The house would yield 2% per month in rents. But I’m hesitant. Can you help me think about this?” Roy, Baltimore, MD, “My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn’t pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?” Gary, Harrisburg, PA, “I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I’ve been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg? Jackie, Villages of Ocala, “My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There’s no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It’s hard to give up something that works for something that might work a little better. We’d like you to weigh in.” Lupe, Boulder, CO, “I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it’s not that hard to list a property.” Bernita, Macon, GA, “Is there any way to tell whether or not you need a new roof without getting up on it? I don’t want to climb on a roof.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The definition of ‘luck’ is when preparation meets opportunity.” --Anonymous  

We love American IRA and we love self-directed IRA investing. If you haven’t already done so, check out their website today - even right now while you’re listening to the podcast. I know you ladies out there can do this. I’m pretty sure the guys will have to choose looking at the website or really listening - I know I can’t seem to do both. Now THAT’s a great way to get in trouble right from the beginning of the show!  As much as I love self-directed IRA investing I have run into a couple of challenges. The first one was the limitation of contribution - around $5000 per year for most people. The second was the ELIMINATION of contributions. I got a note from my custodian telling me I made too much money and couldn’t contribute any more. Folks, when enterprising entrepreneurs get news like this we don’t just shut down. We find other ways to make our goals happen.  Enter the Solo-K and our guest today.  Dmitriy Fomichenko is the founder and president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control.  He began his career in financial planning and real estate investing in 2000. He owns multiple investment properties in various states and is a licensed California Real Estate Broker. Over the years, he has taught hundreds of investment and financial planning seminars and has mentored thousands of investors.   Sense Financial Services was inspired by a series of conversations Dmitriy had with his mentors in the real estate investor business.  While many were exceedingly successful in their real estate investments, their retirement accounts were losing money. This conundrum prompted Dmitriy to spend several months consulting with industry experts and researching the powerful concept of employing self-directed retirement accounts for investment purposes. Integrating his knowledge of how to successfully manage self-directed IRAs and 401ks with his expertise as an investor and mentor, Dmitriy began consulting individual investors on how to put more thought and diligence into their retirement and investment planning. Dmitriy founded Sense Financial Services to help his clients maximize their returns on investments while protecting their hard-earned money. He is very passionate about helping families and individuals achieve financial freedom by following proven Biblical principles of financial planning and investing. Dmitriy resides in Southern California with his wife and 13-year old daughter.  In his spare time, he enjoys studying systematic theology, spending time with his family and visiting new places. He’s coming up in a bit. Also today we are going to tell you the current hottest housing market in the United States. And if you’ve been following me on social media you know I’ve been talking about the housing market and the uptick in non-QM bond sales. Over the weekend I saw a headline, “Fannie Mae official accidently lets the news slip about the next housing crash.” So what’s going on in the real estate market? Is it panic time? The answer to that is “no, it’s NEVER panic time.” 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 [email protected]. 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 Domains.com: bit.ly/GetaSite 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: The nation’s hottest market for flipping houses?https://www.housingwire.com/articles/hottest-home-flipping-market/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78048718&_hsenc=p2ANqtz-8KPulsPrFNnJ_2Pgol9HGkwqrLdGkCqfRV0ygk1stGEzWEPx55W-hTBSuEI-AUAkpYxiBCXKkA4L_MgGoGEtqPOChcr6KX7ucqYdPe5DvyeVFYm5I&_hsmi=78048718 One of our key indicators is the foreclosure rate. Here’s a new report from HousingWire. https://www.housingwire.com/articles/u-s-foreclosure-rate-drops-to-20-year-low/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78115035&_hsenc=p2ANqtz--0m3octmb_tWFSSE6NdvpMbSqUyGY4rTYW6MVE5cmwcOiGYftkVUom6pHy2X5yLA3DQCgkf2Aa3-UHv5fqMInOdQDJCB-yeYOkXDLxksFd4EPxYFs&_hsmi=78115035 We have a story about wording changes on the new Uniform Residential Loan Application.https://www.housingwire.com/articles/exclusive-senate-democrats-call-on-fhfa-to-undo-changes-to-new-uniform-residential-loan-application/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78217468&_hsenc=p2ANqtz-_Rv5w9t92jAxVXG-ggCc_AvIX_r-rTqyJXEdp2pghtOEIQU3AFKUwUYjbkSOEl8lVPUh-Y7e6F_9mcNUlIG1NJy1xvY3zTVSF8JNWwr-6gBC78krg&_hsmi=78217468 Here’s the headline: The hidden housing problem: There just aren’t enough houses on the market. https://www.housingwire.com/articles/the-hidden-housing-problem-there-just-arent-enough-houses-on-the-market/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78232269&_hsenc=p2ANqtz-9wMYfJLXPW7AQB7rqBxT07zrFlwm7uz-hZMdyzt3E9A0gOhaJIHfc1xzmvQ7FL1h_1WOmqYxm7Ey5I0tGRhEx8qA6_LPTqpXaLWbrTCIoGNWgzxKM&_hsmi=78232269 Roger’s comment: There are many reasons to explain a slowdown in home purchases or new loan applications. It’s not an automatic link to the current interest rate and in fact it almost certainly is NOT a factor. Supply of available housing is a much more likely candidate for the blame. Show Guest: Dimitriy Fomichenko https://www.sensefinancial.com/  https://www.linkedin.com/in/dfomichenko/ https://www.facebook.com/dfomichenko    Your Questions: Send emails to [email protected] Debbie, Brookfield, WI, “Someone told me I should be using social media in my business. That seems to make sense but I have no idea how to proceed.” Georgia, Clearwater FL, “Why is the 1% rule a rule? What’s the thinking?” Natalie, Alexandria, VA “Does it seem reasonable that I could buy a nice house that just needs updating and make a profit? There are lots of those around here I could buy in the 300s, fix up for about 50 and sell in the 600s. This sounds a little too good to be true, so I thought I would reach out for your thoughts.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “No Masterpiece was ever created by a lazy artist.” --Anonymous  

There are a number of websites you can visit to get community information when doing your research on a property. We will review 18 of them. them today coming up. Plus we are going to talk a bit about student loan debt. As a free service I’ll be sharing with you the ONE big tip to reduce or eliminate student loan debt. During this discussion I also share the best way to make money if you do not have a degree and the best way to make a lot of money if you do. Also in the news today is Rent Control. I’m likely to get on a little rant about this because rent control is not just a bad idea - it’s an evil scourge. The politicians who push for it have to either be complete morons or complicit in the evil scheme to damage or destroy urban life. And yeah, I might quit beating around the bush and tell you how I really feel about it.  In fact, I think we should schedule a show on rent controls. I’ll put that on the list.   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 [email protected]. 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: 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: Weekly mortgage demand is flat as interest rates hit the highest level in 3 months https://www.cnbc.com/2019/10/30/weekly-mortgage-demand-flat.html Rent control will kill multifamily real estate https://www.nationalmortgagenews.com/opinion/rent-control-will-kill-multifamily-real-estate Here Are The Countries On The Brink Of Recession Going Into 2020 https://www.forbes.com/sites/sergeiklebnikov/2019/10/28/here-are-the-countries-on-the-brink-of-recession-going-into-2020/#2c81edbb3017 How Real Estate Can Replace Student Debt With A Promising Post-Grad Position https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/28/how-real-estate-can-replace-student-debt-with-a-promising-post-grad-position/#62a3daca205c RE Tech Review: Steps in DD C.L.U.E report - past insurance claims. Inquire about insurance (higher than normal rates = prior claim history) Run a Report, homedisclosure.com may be the best. Trulia is pretty good.  Consumer businesses owned by ATTOM Data, got bought by Renovo in 2011 and changed name to ATTOM Data ATTOM sold in July 2019 to Lovell Minnick, a Private Equity firm  Realtytrac.com https://www.realtytrac.com/ https://fitsmallbusiness.com/realtytrac-reviews-pricing/ https://www.yelp.com/biz/realtytrac-irvine https://www.consumeraffairs.com/housing/realtytrac.html?page=2#sort=recent&filter=none Really consistently terrible reviews. Could be reason for the name change?  Homefacts.com bought by ATTOM Data in 2012 Provides interesting information about the home and the area. Crime and school information useful. Other items as well. Homedisclosure.com - Launched by RealtyTrac in 2016 You have to create a free account. Then you get all the same information as homefacts.com but in a more modern, appealing format. This one is truly useful.  More Property research sites https://www.neighborhoodscout.com/search/location/2343996 https://spotcrime.com/ https://www.nso  pw.gov/Error?aspxerrorpath=/en-US/Registry https://www.crimereports.com/?kbid=62548 https://www.mylocalcrime.com/?kbid=62548?kbid=62548 https://www.crimemapping.com/?kbid=62548 https://www.homesnap.com/ http://www.homegain.com/ https://www.areavibes.com/ http://www.greatschools.org/ https://www.streetadvisor.com/ http://www.realestateabc.com/index2.php https://www.homefair.com/real-estate/city-profile/ https://www.bestplaces.net/ https://www.safewise.com/ http://www.city-data.com/ https://www.walkscore.com/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “What’s the point of being alive if you don’t at least TRY something remarkable.” --Anonymous  

Moneeka Sawyer is often described as one of the most blissful people you will ever meet.  But don't confuse her big smile and infectious laugh with naivete. Her multi-million dollar real estate empire is just one example of her ability to strategize, organize, and implement big business plans.  Sawyer is the best-selling author of the book "Choose Bliss: The Power and Practice of Joy and Contentment," which was recently honored with the very prestigious Woman of Impact Quill Award by Focus on Women Magazine. She has been investing in real estate for over 20 years, so has worked through several different cycles of the market. Through her strategies, she has turned $10,000 into over $2,000,000, working only 5-10 hours per MONTH with very little stress. She lives her dreams and won't let anyone tell her what she can and can't do.  Even though she was constantly told she couldn't get in, she graduated from Haas Business School at UC Berkeley, one of the top 3 colleges in the nation, and has been in business for herself ever since. While building her multi-million dollar business, she has travelled to over 55 countries, dances every single day, and spends lots of time with her husband of over 20 years and her adorable little puppy (who is the love of her life, but shhhh...don't tell her husband). She is also the host of the Podcast "Real Estate Investing for Women" where she focuses on all the aspects of real estate investing including strategies, mindset, emotional mastery, money smart, and so much more, to ensure her listeners’ success. Moneeka's expertise, and blissful laugh, have been featured all over the world in over 50 podcasts, on stages, radio,  and TV stations including ABC, CBS, FOX, and the CW. 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 [email protected]. 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: 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: For everyone concerned about recession, we have some numbers. https://www.housingwire.com/articles/this-is-how-u-s-gdp-performed-in-the-third-quarter/ Additional reading: https://www.barrons.com/articles/un-spinning-the-trump-obama-gdp-numbers-51553801603 Housing Secretary Ben Carson talks about changes to FHA regulation https://www.cnbc.com/video/2019/10/28/ben-carson-hud-fha-mortgage-applications-squawk-box.html WeWork Is Reportedly Expanding Into Esports With New ‘Play By We’ Venture https://www.forbes.com/sites/sergeiklebnikov/2019/10/29/wework-is-reportedly-expanding-into-esports-with-new-play-by-we-venture/#59dc1bb17a54 “The besieged startup has already branched into other businesses, like education with WeGrow, fitness with Rise By We and co-living with WeLive, although it has been divesting assets from some of them.”  Regulator Says Government Will ‘Wipe Out’ Fannie Mae and Freddie Mac Shareholders If Needed https://www.realtor.com/news/real-estate-news/regulator-says-government-will-wipe-out-fannie-mae-and-freddie-mac-shareholders-if-needed/ Investors Are Still Going After Student Housing Properties, But They Are More Concerned About Prices https://www.nreionline.com/student-housing/investors-are-still-going-after-student-housing-properties-they-are-more-concerned  Motivational Thoughts for the day   “I am inspired to teach and mentor others to move through their pain and learn how to live a life of boldness, happiness, and peace. This is what I am dedicating my life to do.” ~Moneeka Sawyer   

Two shows ago I reviewed every consumer-facing real estate website I could find. This includes both broker and non broker-affiliated sites. I shared with you the sites I have used most of the time over the years, and in some instances still use. But last year a game-changer came into my world. Privy. That’s P-R-I-V-Y. And the website is bit.ly/getprivyprogram.    So today we are going to be joined in a few moments by Benson Juarez, one of the founders of Privy. Over the past year we have had numerous conversations, he has trained me in the use of the program, and my life is richer because of this technology. I’ll tell you right up front - Privy isn’t everywhere - yet. But in the markets where it is available, there is NOTHING like it for investors. If you want to find your next deal without costly marketing direct mail etc., you need to take a look at Privy. 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 [email protected]. 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: 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: Why Can’t I Get That Low Mortgage Rate Too? https://magazine.realtor/daily-news/2019/10/21/why-can-t-i-get-that-low-mortgage-rate-too   Cities On The Front Line Of Climate Change Need To Build Resilience https://www.forbes.com/sites/mikescott/2019/10/22/cities-on-the-front-line-of-climate-change-need-to-build-resilience/#24aaec8c5775 Four Characteristics Of An Up-And-Coming Neighborhood (And Why You Should Buy Your Next Home There) https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/22/four-characteristics-of-an-up-and-coming-neighborhood-and-why-you-should-buy-your-next-home-there/#2facb32f32a2 How To Get A Mortgage When You Have Less-Than-Perfect Credit https://www.forbes.com/sites/taramastroeni/2019/10/21/how-to-get-a-mortgage-when-you-have-less-than-perfect-credit/#40603dd624b0   https://magazine.realtor/daily-news/2019/09/12/are-ibuyers-opening-the-door-to-squatters   Marketwatch: 20 Cities People Can’t Wait to Leave Baton Rouge, LA Little Rock, AR Chico, CA Syracuse, NY Omaha, NE Dayton, OH Eugene, OR Detroit, MI Salisbury, MD Rockford, IL Orlando, FL Houston, TX Milwaukee, WI Spokane, WA Chicago, IL Denver, CO Washington DC Los Angeles, CA New York, NY San Francisco Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “No Masterpiece was ever created by a lazy artist.” --Anonymous  

I’ve known a few people who have been in real estate investing since the beginning of their career. This is how you become a multi-millionaire and even a billionaire. Start young, make good decisions, grow solidly. I have a rising star on the show today and you are going to want to hear his story. Hayden Crabtree is an Atlanta based Self Storage investor with 14 properties in 5 states spanning half a million square feet. His primary focus is on value-add storage deals that offer investors above average returns. Hayden got his start in the world of real estate during college after reading Rich Dad Poor Dad and finding a Real Estate mentor to shadow for over a year. His current focus is helping investors who want to build cashflow and equity find amazing opportunities and put their money to work passively side by side in his deals. 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 [email protected]. 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: BRAND NEW at rogerblankenship.com. You can leave a voice message for me! 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: New SoftBank Deal Lets WeWork Cofounder Adam Neumann Walk Away A Billionaire https://www.forbes.com/sites/jenniferwang/2019/10/22/new-softbank-deal-lets-wework-cofounder-adam-neumann-walk-away-a-billionaire/#37598ba8340e Here’s How MIT Will Turbocharge AI So People Can Age In Place https://www.forbes.com/sites/johnmcmanus/2019/10/16/heres-how-mit-will-turbocharge-ai-so-people-can-age-in-place/#5f762df37157 Gen Z Will Spend More On Rent Than Any Previous Generation -- Here's How To Attract Them https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/16/gen-z-will-spend-more-on-rent-than-any-previous-generation-heres-how-to-attract-them/#6e07224e42b5   Dip in Existing-Home Sales Signals ‘Unbalanced’ Market https://magazine.realtor/daily-news/2019/10/22/dip-in-existing-home-sales-signals-unbalanced-market Facebook Pledges $1 Billion Toward Affordable Housing   https://magazine.realtor/daily-news/2019/10/23/facebook-pledges-1-billion-toward-affordable-housing Your Questions: Send emails to [email protected] Kevin, Atlanta, GA “What’s the difference between a subject-to and a wrap?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Don't raise your voice, improve your argument.” --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 we are continuing with Part Three, I’ve taken the time to look at EVERY website designed to help consumers find properties. I consider usability, usefulness, the quantity and quality of information, and then I’m going to tell you which of these I use in my business and why.   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 [email protected]. 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: 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: How Much Public Transit Adds to Home Values https://magazine.realtor/daily-news/2019/10/14/how-much-public-transit-adds-to-home-values   SoftBank is in talks with JP Morgan on WeWork bailout as cash is expected to dry up by mid-November https://www.cnbc.com/2019/10/15/softbank-is-in-talks-with-jp-morgan-on-wework-bailout-package.html Lower mortgage rates are causing an epic housing shortage https://www.cnbc.com/2019/10/15/lower-mortgage-rates-are-causing-an-epic-housing-shortage.html Experts: Don’t Blame Housing If Recession Hits https://magazine.realtor/daily-news/2019/10/14/experts-don-t-blame-housing-if-recession-hits 6 Things Your Real Estate Agent Can Help You With https://realestate.usnews.com/real-estate/articles/6-things-your-real-estate-agent-can-help-you-with   Airbnb’s cash numbers could show that it’s not another WeWork in the making https://www.cnbc.com/2019/10/17/airbnb-with-3-billion-on-balance-sheet-trying-to-avoid-wework.html   Topic: Real Estate Tech Questions for the review. How does it present? List, Map, both? Configurable? Is it easy to search? Property data? Community data? Unique point of attraction (why would I choose to go here as opposed to one of the others?) Branded RE sites and apps Non-broker afiliated Realtor.com, list view by default, map view is possible.  Trulia.com combo view, you cannot zoom on the map by scrolling the mouse. Pros and cons.  Zillow.com, combo view. Good stats on houses Redfin.com, more properties in map view. Draw feature Movoto Real Estate, NO map view Homesnap Owners.com Altisource has shut it down.  Estately Real Estate Search Xome USHUD Foreclosure Home Search Compass Real Estate - Homes Remax.com. Nice map view, doesn’t seem to be as thorough as redfin. Keller Williams, loads slowly, no map view BHG Real Estate Homes (Better Homes and Gardens) Century 21 Local, loads quickly, no map view ERA Real Estate  Brokerage affiliated StreetEasy NYC Rentals HAR Texas Real Estate Local Search sites Realty One app Homes for Sale, Rent app Millions Mapped Real Estate app GoMLS App Room8 Website is there only to tell you to download the app. Find a place and find a roommmate.  Apps Hotpads RadPad - find apartments to rent Airbnb Rentals LoopNet Commercial CoStar Commercial Commercial Idealista for real estate in Spain! PropertiesBook Real Estate real estate in Abu Dhabi International   Let’s talk about Privy:  http://bit.ly/getprivyprogram Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Blessed are those who can give without remembering and take without forgetting” --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 we are continuing with Part Two, Let’s take a closer look at some of the technology we use here in our business.   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 [email protected]. 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.   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.)    News: Consumer Trepidation About Personal Finances Could Hold Back Housing https://magazine.realtor/daily-news/2019/10/08/consumer-trepidation-about-personal-finances-could-hold-back-housing Could Growth in Alternative Loans Lead to Another Crisis? https://magazine.realtor/daily-news/2019/10/07/could-growth-in-alternative-loans-lead-to-another-crisis Hope Is Not Lost for Net Neutrality Protections https://magazine.realtor/daily-news/2019/10/07/hope-is-not-lost-for-net-neutrality-protections FTC Orders Halt to ‘Bogus’ HGTV-Endorsed Seminars https://magazine.realtor/daily-news/2019/10/07/ftc-orders-halt-to-bogus-hgtv-endorsed-seminars Six Ways To Influence Real Estate Buyers And Sellers https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/09/six-ways-to-influence-real-estate-buyers-and-sellers/#5c90f8e51989 Real Estate Is Experiencing A Tech Renaissance, But Is It At The Expense Of The Homeowner? https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/real-estate-is-experiencing-a-tech-renaissance-but-is-it-at-the-expense-of-the-homeowner/#76b442482c2b A Home In Paradise: What Homebuyers Should Know About Waterfront Property https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/a-home-in-paradise-what-homebuyers-should-know-about-waterfront-property/#4ed9a13e9311   Your Questions: Send emails to [email protected] Wally from Aurora, CO “I want to invest in the marijuana industry. What are your thoughts?” Allie, Milwaukee, WI “I’m looking at an older home - about 50 years old. In the basement, the wall is cracked and bulging out just a little. The bulge is about 5 feet off the floor, and it’s no more than 2” out of plumb with the wall, but the entire wall is slightly displaced. I looked for cracks in the walls upstairs and didn’t see any. The seller told me they completely remodeled the house 10 years ago and tore out the plaster walls and put in new drywall. This could be a nice profitable project but how concerned should I be? Suzanne, Tampa FL “How do you do your show three times a week, post on social media like nobody’s business, teach house flipping, make videos AND run your business? I’m not trying to challenge you. I really want to know how you do it? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “If you want to achieve greatness stop asking for permission.” --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 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 [email protected]. 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 [email protected] 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  

Welcome to show number 300! Today marks a milestone for us with the Flipping America show. Thanks to all of our sponsors for making it possible and thank you to YOU for making the show a big hit! It’s not a college football game coming down to the last few seconds, but for a real estate show, it’s pretty exciting! Making money YAY! Financial freedom YAY! Purpose, meaning, legacy, YAY! Wait, isn’t it just a bit odd that sporting events seem to get us a LOT more enthusiastic than these other things that actually are the warp and woof of our lives.    Speaking of woof, I had a rough afternoon Saturday, like a lot of you Dawg fans out there. I had to go outside and sit by myself for awhile. One of the many thoughts I was thinking while pondering Georgia’s unbelievable upset loss is “why does this matter so much to me?” I came close to an answer when I decided that I just really want to root for a team that wins a championship. I’m not much of a baseball fan but was delighted to be in the area when the Braves had their moment in the early 90’s. I know we are the soccer champs, but honestly, I didn’t realize we were any good until I heard on the news that we were playing for the championship. And I really don’t mean any disrespect, but it’s just difficult for guys my age to get excited about soccer. We didn’t grow up with it. Anyway -- this was going to be the year for Georgia. We have elite talent, expectations were high - and then dashed. I know a championship is possible, but have you seen LSU and Alabama play? South Carolina barely whimpered as Alabama rolled over them. And I’m not sure they can beat LSU this year.    But here’s how to eventually get out of this mental mire - you just have to say - “hey - it’s just a game. It won’t be important in 100 years and it doesn’t affect my life, my destiny, or my future any more than I allow it to.” Now THAT’s a word of wisdom for everyone here. We have to get some perspective on our lives and think about what really matters. Sports. Yay. LIFE. YAY! 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 [email protected]. 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: 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: Citibank is fined $30 million for holding onto foreclosures for too long.  https://www.housingwire.com/articles/citibank-fined-30-million-for-holding-onto-foreclosures-for-too-long/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270   Rent To Own - Nope - not in PA, NY or WI https://www.housingwire.com/articles/pennsylvania-sues-rent-to-own-operator-vision-property-management-for-preying-on-low-income-renters/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270 176 124 128     Your Questions: Send emails to [email protected] Arlene, Milwaukee, WI. “How do you find your contractors? Brandon, Atlanta, GA “My new contractor wants money up front for materials. I know you say ‘no money up front’ but we have this trust thing going on. He doesn’t know me and I don’t know him. What do I do?” William, Macon, GA “I keep hearing about the foreclosure auctions at the courthouse steps. I think I might want to do that, but why not just buy foreclosures my agent is showing me from the listings? Are the deals any better at the auctions? How do you go about buying at the courthouse?” Adnon, Long Beach CA, “Do you always hire a GC? What it the repairs are minor?” Brenda, Elizabethtown, KY “Do you ever just do the work yourself? My husband and I kinda like doing the work and he’s good at everything.” Ellen, Milwaukee, WI. “My husband and I just sold our home to downsize and we are trying to figure out what to do with the money -- over $200,000. He’s semi-retired, bored, and handy. We’ve thought about flipping some houses. What advice would you give us?” Kandra, Las Vegas, NV “I recently attended a seminar here put on by [a TV personality]. I felt like it was just a sales pitch for a $20,000 course. But I was here for a course and really didn’t learn anything. I’m concerned that if I paid the $20,000 I might not learn anything there either. And I don’t have $20,000 anyway. So I didn’t do it. But I’m back to square one. I really want to learn this business! I don’t have any money and my credit has a few dings. Is there any hope for me?” D’Wayne, Louisville, KY “How do you decide whether you are going to fix and property and flip it, fix it and keep it, or just wholesale it? I figure there must be a way to figure out the best thing to do with a property. I have a deal under contract for 72,000. It needs updating and paint and carpet. I think I’ll get $150,000 for it if I flip it. Or I could rent it out for $900 per month. But another investor just offered me $10,000 for my contract. What would you do? James, Lancaster, PA “I’ve been researching various REITs and crowdfunding platforms. REITs seem like less involvement from me, which I prefer, but the returns I’m seeing are at best around 6%. With crowdfunding I can get closer to 10% on my money but I have to be a bit more involved. While I’m thinking about it, do you have other options you would recommend?” Ellen, Villages of Ocala, FL, “We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don’t really have enough money in there to buy and flip a house. Any suggestions?” Karenza, Long Beach, CA “I want to dive into buying rental properties here in southern california. My question is, am I too late?” Britney, Penn Hills, PA “My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder’s beige. Can you settle the debate?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Blessed are those who can give without remembering and take without forgetting” --Anonymous  

Where do you want to be? In a few years? In 20 years? The future is a funny thing. We are simultaneously on the way to it while preparing for it. And if you don’t watch out, we spend so much time in the preparation, we forget to enjoy the little things along the way. Today we are going to talk about retiring. I’m going to share with you how to plan for your later years with on-going income and enjoyable activity levels. I’m also going to address those of you who think it’s too late - you are destined to spend your older years pinching pennies. And I’m also going to tell you why discontinuing all work a bad idea, in my opinion. No discussion of the future is complete without a consideration of the present. If you are unhappy now, it’s unlikely you will be magically happy then. If you are frustrated or bored with your life now, it’s very likely this will continue. The answer is NOT in a change of circumstances someday. The answer is in changing your mind TOday.  We must learn to enjoy the meaningful moments of this life as they threaten to pass you by. And pass you by they will. You can never hold on to the moment, but time is a force that marches on. Physicists tell us there are four primary forces in nature, gravity, electromagnetism, weak nuclear and strong nuclear. But TIME is a stronger force than all of them. We have found ways to experiment, modify and overcome the four physical forces, but we have never (and I think WILL never) learned to overcome time - to stop it, slow it, travel backward in it, accelerate forward in it. Time marches on. The moments continue to pass no matter how much we cling to them. New time is constantly being created at the same pace regardless of our yearning to more quickly get through certain phases in our lives.  A discussion of the afterlife or even previous lives for that matter is WAAAAY outside the scope of this show, but one thing we can all agree on: We have this life. And we have choices about what to do with it. Some of those choices may no doubt be influenced by whatever you believe about what comes next. But it is a choice nonetheless.  So let’s make some good choices. They won’t be the same for all people but they can all be good, wise, prudent, and effective. We just have to start making them.  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 [email protected]. 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.   Topic:  We are not going to create a full retirement plan for you in 20 minutes or so. The topic deserves a more complete discussion with your financial and tax advisors. What I hope to do here is simply lay out some of the principles for your consideration.  I’m not giving advice. I’m teaching principles. Each person’s situation and circumstances will be different so you will need to consult with a professional who is familiar with your life and agree on the specifics of a plan.    Let’s first spend a few minutes on the PRESENT: You have two eyes. Using this as a metaphor, Your life balance will be found by keeping one eye on the future and the other eye on the present. Notice you do not have a third eye with which you can dwell on the past. What is past is done. It can’t be changed. Some of you will say, “but what about the mistakes I made?” There were lessons learned that should be a part of your present. If you continue to dwell on the mistakes of the past you have not yet distilled the lessons from them. Figure it out, close that chapter and move on. Some will say “but what about the injustice done to me?” This is a surefire way to live a miserable existence. The injustices done to you are also in the past. They cannot be changed. The only thing you can control is your response to them. And they ONLY healing that can move your life in a positive direction is forgiveness.  “But what they did was horrible.”  “But what they did was unforgiveable.” “But what they did was….” It’s not easy. It’s not emotional. It’s not even fully logical. It’s just simply necessary.  “Well I tried to forgive, but it didn’t really work.” Here’s a little secret. Forgive over and over again. Remind yourself daily, hourly, however long it takes for as long as you continue to remember their deeds against them. As surely as time marches on, in time the pain will subside a little each passing day until the forgiveness you have declared becomes a reality in your soul.  The only more certain happiness trap you can enter is to live inside past injustice done to someone else by a third party. Allow yourself into this mental mindset and escape will be difficult.  So one eye on the present includes the accumulation of life lessons, fading memories of difficult forgivenesses, and a steadfast focus on joy. We can do multiple episodes of this show just talking about the pursuit of happiness, but since the show’s theme is real estate and entrepreneurship we will limit ourselves to a briefer treatment.  Much of our life is spent in pursuit. Pursuit of pleasure, pursuit of money, pursuit of power, pursuit of fame, pursuit of legacy. There is nothing inherently wrong with inner drive. Without it we would be lifeless aimless blobs. And there is nothing inherently wrong with the natural progression in our pursuits. Although one could study the wisdom literature from an early age and realize that many, if not most of the priorities people have in their lives are pointless, it seems that we all must, to some degree, learn these things first-hand. While on this journey, you will do well to consider the things that bring true satisfaction, meaning, and enjoyment into your life. And while we all need enough money to live and eat, we all realize sooner or later that money isn’t everything. The flashy lifestyle many crave reflects a lack of self-confidence, a lack or maturity, or both. And I know the saying, “money can’t buy you happiness but I’d rather be miserable in a Mercedes than a Chevy.” What I’m saying here is money is fine. Nothing wrong with it. But when it becomes the love of your life, problems ensue. Figure out what truly brings meaning to life. Read books by older people on the subject. Study the wisdom literature. For example, read and understand the Book of Ecclesiastes in the Bible. I know it will seem strange and somewhat depressing at first glance. It is translated from ancient poetry, so it’s not going to read like your favorite novel. Keep reading.    What you are going to learn sooner or later is true life satisfaction comes from: Basic needs fulfilled Meaningful work Loving relationships   Make these the basics of your life pursuits and you are on the way to joy. Choose a different path and, well, I’ll see you again in a few years when you realize I’m right. And hey, I didn’t discover this. I’m just sharing with you the wisdom of a thousand generations. Take the word of millions of people who have gone before, or go on and figure it out for yourself. You get to choose.  The Future Imagine your life Start at the end and work backwards. Family, legacy, impact, charities, etc.  Don’t be too concerned with the details. If you want to make God laugh, just tell him your plans. There are going to be twists and turns. And this destination you imagine may not be the most important plot element to your story. What will your lifestyle cost? Start with the best case scenario. Where do you live? Or do you envision kind of a snowbird lifestyle? Are you taking other vacations? Travelling? RV-ing?  Assume an 8% return on your investments. How much do you need to have invested in order to afford that lifestyle? Let’s do the math. Suppose you would like to end up making $10,000 per month. That plus the pittance known as social security should keep you alive and ticking right? If your home is paid for, your taxes are relatively low, this should afford you a reasonable lifestyle. That’s $120,000 per year. Divide that by .08 and voila, you need to have $1,500,000 invested. Man THAT sounds like a lot. If I saved $10,000 per year I would have to save for 150 years! Real estate to the rescue. Buy 10 houses that end up being worth 1.5m. You can use debt to buy them. Allow for inflation so start out buying houses for $80,000. Rent should be $800. In ten years the house (3% appreciation) is worth more than $100,000.  You get the idea. Your tenants pay down the mortgage. The value is increasing. Rents rise slightly. This is a solid plan to get there.    But I’m already in my 50’s. I don’t have time to buy 10 houses and accumulate.  What do you have? Get a better return.  Cheap houses Remote wholesaling Flip properties on the side, NOT to enhance lifestyle but to put into income-producing properties.  Get into multi-family. Syndication. Multiple passive income streams Stocks $1m, 8%, 80,000 Real Estate $40m, 8% 3.2m Income from business cash flows, 2m Never Stop Working Not a mandate.  Not a law Not normal. Stop working, start shriveling Mind Muscles Spirit Slow down, yes, enjoy the fruits of your labors and your wisdom, yes more than earlier. Stop? Never. News: What Is LTV and Why Does it Matter? https://loans.usnews.com/what-is-ltv-and-why-does-it-matter Redfin: The average 2012 homebuyer is now sitting on $141,000 in home equity https://www.housingwire.com/articles/redfin-the-average-2012-homebuyer-is-now-sitting-on-141000-in-home-equity/   Sotheby’s AR App Lets Buyers Purchase Furniture, Too https://magazine.realtor/daily-news/2019/09/30/sotheby-s-ar-app-lets-buyers-purchase-furniture-too   WeWork Concerns Seeping Into Singapore’s Real Estate Sector https://www.bloomberg.com/news/articles/2019-10-02/wework-concerns-are-seeping-into-singapore-s-real-estate-sector   Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “If you do what you always did, you will get what you always got.” --Anonymous  

Today I finish reading my new eBook: "Stop Being Poor: Yes, It IS a Choice." I will discuss what to do about poverty, the poverty mindset, and present a different way of thinking about your money that can set you on the road to success. 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 [email protected]. 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.   Topic: Stop Being Poor Pt 2 News: Real Estate Pros on Alert After Camera Captures Attack on Agent https://magazine.realtor/daily-news/2019/09/25/real-estate-pros-on-alert-after-camera-captures-attack-on-agent   7 Home Upgrades That Will Attract First-Time Homebuyers https://realestate.usnews.com/real-estate/articles/7-home-upgrades-that-will-attract-first-time-homebuyers   New home sales see unexpected surge, but analyst says ‘entry level’ price is now much higher https://www.cnbc.com/2019/09/25/analyst-upgrades-3-homebuilders.html   Agreement Allows Fannie, Freddie to Retain Earnings https://magazine.realtor/daily-news/2019/10/01/agreement-allows-fannie-freddie-to-retain-earnings   Appraisals will no longer be required on certain home sales of $400,000 and under https://www.housingwire.com/articles/appraisals-will-no-longer-be-required-on-certain-home-sales-of-400000-and-under/   MBA: Mortgage applications rebound after rates return to near 3-year low https://www.housingwire.com/articles/mba-mortgage-applications-rebound-after-rates-return-to-near-3-year-low/ Your Questions: Send emails to [email protected] Renaldo, Austin, TX “I heard your answer on a previous show about flipping a farm. That was cool. I’m thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed.” Tom, Charlotte, NC “Kudos on the farm flipping question. How about a golf course? A bank here has one for sale.” Adalberto, Columbia, SC “Seems like we are headed for a recession. It’s just time. What should real estate investors do?” Ferdy, Brookfield, WI “Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “If you want to achieve greatness stop asking for permission.” --Anonymous  

I did a show last year that was a bit controversial but not nearly as much as I had anticipated. In fact the overwhelming response was more than 98% positive so ultimately I decided to turn that show into an e-Book. The topic is poverty and the title is Stop Being Poor: Yes, it IS a Decision. This book will hit the presses around the first of December and will be available for pre-order in a few weeks. Today I’m going to read some of it to you. That’s coming up in just a few minutes.  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 [email protected]. 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.   Topic: Stop Being Poor News: U.S. Home Flipping Returns Drop to Nearly Eight-Year Low in Q2 2019 https://www.attomdata.com/news/market-trends/flipping/attom-data-solutions-q2-2019-u-s-home-flipping-report/ Independence Delay: Americans Are Living on Their Own Later And Less Often We tend to believe that whatever is happening in the adult world when we enter adult consciousness is the norm. Until the 1950’s there had rarely been enough money anywhere for 20 and 30 somethings to live comfortably alone. Aging parents always stayed with the adult kids. “Live long enough to be a burden to your children.” Our current affordability challenges have some people rooming together, old people moving in with grown kids - in other words looking like the entire history of humanity until fifty years ago.  https://www.forbes.com/sites/taramastroeni/2019/09/25/independence-delay-americans-are-living-on-their-own-later-and-less-often/#36eecabb5c9b   The Metric You Can't Afford To Ignore When Analyzing A Flip https://www.forbes.com/sites/forbesrealestatecouncil/2019/09/24/the-metric-you-cant-afford-to-ignore-when-analyzing-a-flip/#1e04cfb16c1b But why is there a defined limit on rehab capacity considering rehab loans include repairs? Lipstick rehabs are bought at the steps.    Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control NationalAffordable Housing  https://www.bisnow.com/national/news/affordable-housing/treasury-blocks-fannie-mae-freddie-mac-lending-rent-control-areas-100842 Trump against “blue” states? Nope - Not using tax dollars to bail out problems created by irresponsible local governments.  Your Questions: Send emails to [email protected] Cassandra, Tampa, FL “I am brand new to all of this. I know I want to do something in real estate but not sure what or how to proceed. Any help you can give is appreciated.” Jonathan, Jacksonville, FL “There are hundreds of investors here. Seems like I’ll never find a deal that a dozen other people aren’t already bidding on. I get discouraged, thinking I’m never going to get going.” Derwin, Lancaster, PA “The hard money lenders I’ve spoken with require experience. How does an inexperienced person ever get a loan?” Renaldo, Austin, TX “I heard your answer on a previous show about flipping a farm. That was cool. I’m thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed.” Tom, Charlotte, NC “Kudos on the farm flipping question. How about a golf course? A bank here has one for sale.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” —Norman Vincent Peale  

Four years ago she was freshly divorced, broke, homeless, and in a new city 2000 miles away from her hometown. She decided to pick herself up and get busy buying property. Today she owns 60 rental properties in her newly adopted hometown of Jackson, MS and she is on a mission to help others follow in her footsteps. Her name is Vicky Schettini. She’s coming on in a few minutes to share her incredible inspiring story. And I’m going to share with you how you can get to one of Vicky’s upcoming events and turn her story into your story.  Great Deals and Where to Find Them is out and available at Amazon. Get your copy from as low as $3.99. Learn how I have 10,000 or more deal come to my inbox every single week. Maybe you won’t have 10,000, but if you follow my methods you should in just a few months time have hundreds of deals to consider every week.  Coming Up Wednesday Oct 9, We are recording show number 300 LIVE at Baraonda.  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 [email protected]. 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.   Guest: Vicky Schettini Vickyschettini.com [email protected] Deal in Hand Event, Oct 25-27 Dealinhandevent.com For Flipping America Listeners, its $595 for TWO people to attend.  October 12, Workshop on Mortgage Wrap. The BulletProof Wrap.  Atlantareia.com  RealEstateinvestingSecrets.com News: WeWork’s New Leadership Officially Cancels IPO Plans https://www.forbes.com/sites/sergeiklebnikov/2019/09/30/weworks-new-leadership-officially-cancels-ipo-plans/#7120fed765c5 Softbank Needs A $24 Billion WeWork Valuation To Break Even On Its Investment https://www.forbes.com/sites/sergeiklebnikov/2019/10/01/softbank-needs-a-24-billion-wework-valuation-to-break-even-on-its-investment/#1f29849e7fe7 How Property Managers Can Survive (And Thrive) In The Era Of Proptech https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/01/how-property-managers-can-survive-and-thrive-in-the-era-of-proptech/#f4a7f8f2bd0f Here Are The 10 Cities Experiencing The Highest Rent Increases In 2019 https://www.forbes.com/sites/ellenparis/2019/09/30/here-are-the-top-10-cities-experiencing-the-highest-rent-increases-in-2019/#12ce9f486c20 Your Questions: Send emails to [email protected] Adalberto, Columbia, SC “Seems like we are headed for a recession. It’s just time. What should real estate investors do?” Ferdy, Brookfield, WI “Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "To live a creative life, we must lose our fear of being wrong." --Anonymous   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Imagine being a basketball fan. Now imagine growing up and BUYING your hometown’s NBA franchise.  Tilman Fertitta is the star of his own reality TV show “Billion Dollar Buyer” on CNBC, and sole owner of the NBA’s Houston Rockets, Golden Nugget Casinos, and 600 other properties under Fertitta Entertainment. He is a Houston Native, accomplished businessman, and recognized as a world leader in the dining hospitality, entertainment and gaming industries, and is often referred to as, “the world’s richest restaurateur.” Fertitta owns more than 600 properties in 36 states and in over 15 countries.  He is also one of the largest employers in the nation, with more than 60,000 employees.  His restaurants include Mastro’s Steakhouse and Ocean Club, Morton’s Steakhouse, Vic & Anthony’s, Bubba Gump Shrimp Company, Dos Caminos, Joe’s Crab Shack, and more.  He’s joining us in just a few minutes to talk about his new book, “Shut Up and Listen: Hard Business Truths That will Help You Succeed” In the book he talks about what he did to turn a $6,000 business loan into a billion dollar empire. He’s joining us in just a few minutes.  There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.  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 [email protected]. 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.   Guest: Tilman Fertitta Tilmanisms Hospitality Turning things around when you fail The economy, and preparing for the cycle The characteristics of the entrepreneurial leader News: WeWork CEO Adam Neumann steps down https://www.cnbc.com/2019/09/24/wework-ceo-adam-neumann-is-expected-to-step-down-amid-controversy-and-retain-chair-role-wsj-reports.html ‘Hipsturbia’: It’s What All The Cool Suburbs Are Doing And It’s A 2020 Trend https://www.forbes.com/sites/stephanievozza/2019/09/24/hipsturbia-its-what-all-the-cool-suburbs-are-doing-and-its-a-2020-trend/#1449c9a85870 Zillow Offers expands again, takes over top Texas markets https://www.housingwire.com/articles/50219-zillow-offers-expands-again-takes-over-top-texas-markets Home Offices Are Increasingly in Demand https://magazine.realtor/daily-news/2019/09/23/home-offices-are-increasingly-in-demand Higher interest rates send weekly mortgage applications tanking 10% https://www.cnbc.com/2019/09/25/higher-interest-rates-send-weekly-mortgage-applications-tanking-10percent.html https://www.yieldstreet.com/3-ideas-to-build-wealth-outside-the-stock-market?utm_source=Taboola&utm_medium=cpc&utm_campaign=NEW_WL_Desktop&utm_content=K3i&cnbc&recirc=taboolaexternal  Your Questions: Send emails to [email protected] Patricia, Charlotte, NC, “What is the website where I can list my wholesale deal?” Julia, Port St. Lucie, FL “Have you considered selling the paper on your small houses? I’m interested in buying.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "There are no spare customers." -Tilman Fertitta  

If you know me you know I’m not all about the hype. Real estate can be lucrative, but I reject those who try to get people excited by showing them pictures of cars, boats, and other things that go along with the lifestyle. In the end, this is a business and can sometimes be hard work. I don’t want to sugar coat it. So I don’t. But here’s the fact, Jack. You can make really good money in this business. Really good. You’re going to be absolutely inspired by our guests today, Dedric and Krystal Polite. From ZERO to six figure income in just a year. It CAN be done and Dedric and Krystal are living proof. Dedric & Krystal Polite are serial entrepreneurs and real estate investors. They own multiple businesses and currently invest in real estate nationwide. They own cash flowing multi-family rental units and are focused on adding an additional 100 cash flowing units to their rental portfolio, continuing to find and flip 10+ profitable wholesale deals per month for their Cash Buyers, and doing strategic fix and flips. They have a Private Facebook group for couples in business together called The CoPreneur. They’ve been featured in the Wall St Journal and Inman news for their success and expertise in driving for dollars using the Deal Machine app. They are virtual investors and invest nationwide. 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 [email protected]. 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.   Guests: Dedric and Krystal Polite For information on the course, click  this link. The price for the course is $997 one time or two payments of $597.  Here's the link to our Copreneurs page, private Facebook page for couples in business together.  News: The Fed cut interest rates by 25 basis points this week (that’s a quarter of a percent to some of you). But mortgage rates went UP this week to an average of 4%. What do we make of that? The mortgage rate is being blamed on a jump in US Treasury rates.   https://www.housingwire.com/articles/50176-federal-reserve-cuts-rate-by-025-defying-trumps-demand-for-big-interest-rate-drop https://www.housingwire.com/articles/50171-last-weeks-jump-in-us-treasury-rates-sends-nations-refinance-activity-into-decline https://www.housingwire.com/ https://www.realtor.com/news/ Your Questions: Send emails to [email protected] Chabelli, Atlanta, GA “What numbers should we be looking for in buying a rental property?” Davey, Atlanta, GA  “What are your thoughts in comparing the stock market to real estate?” (Show 129, “Compare Everything with Everything”) Moira, Milwaukee, WI, “Winter is coming. It gets tough to work on houses here. I’m curious about the south. How does that work out?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

As you know I hold a meeting every Thursday night at the City Tap in Atlanta GA. A couple of months ago there was some confusion at the host stand because there was another real estate meeting taking place in the restaurant that evening. Well, I’m not the shy type of guy so I went over to introduce myself. That’s where I met Justin Landis and I was simply blown away by what he is doing. I told him right then I needed to get him on the show because everyone needs to know about this. And I mean EVERYONE. That’s means you. You are NOT going to want to miss the interview today. I don’t use the word “literally” unless I mean it literally, but this could literally change your life. And if you decide to get involved it will DEFINITELY change someone else’s life.  There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.  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 [email protected]. 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.   Guests: Justin Landis www.goodkey.org News: https://www.housingwire.com/articles/50195-zillow-partners-with-homebuilders-to-marry-ibuying-and-newly-built-home-buying https://www.realtor.com/news/real-estate-news/get-ready-for-bigger-home-price-increases-next-year-except-in-these-two-states/ https://www.realtor.com/news/real-estate-news/consumer-watchdog-blasts-governments-loan-sales-program-no-rules-to-help-people-save-their-homes/ https://www.realtor.com/news/real-estate-news/trump-administration-aims-to-privatize-fannie-mae-and-freddie-mac/ https://www.realtor.com/news/celebrity-real-estate/malibu-mobile-home-betsey-johnson/ Your Questions: Send emails to [email protected] Scott, Mesa, AZ “You seem like a numbers guy to me but I heard you make a comment that buying rentals is not just about the numbers. If it’s not about the numbers, what is it?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   It does not matter how slowly you go as long as you do not stop. -Confucius   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, homelessness,

Recently I finished up another eBook, “How to Put Skin in the Game When You are Running Thin on Skin.” In it I show you how to do a real estate deal using none of your own money. I’m not just talking about the occasional “no money down” deal you might come across. I’m talking about doing a full fix and flip with none of your own money. People want to know how I’ve done 700 or more of these, so I wrote the book, telling you how I did it and continue to do it.  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 [email protected]. 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.cnbc.com/2019/09/04/the-big-shorts-michael-burry-says-he-has-found-the-next-market-bubble.html?recirc=taboolainternal https://www.cnbc.com/2019/09/04/sam-zell-on-wework-every-single-company-in-this-space-has-gone-broke.html?__twitter_impression=true&recirc=taboolainternal Study: Home Prices Rising Faster in Car-Dependent Areas https://magazine.realtor/daily-news/2019/09/03/study-home-prices-rising-faster-in-car-dependent-areas Home Inspectors List 3 Maintenance No-Nos https://magazine.realtor/daily-news/2019/08/27/home-inspectors-list-3-maintenance-no-nos  Smartphones Are Guiding Buyers to Homes https://magazine.realtor/daily-news/2019/08/27/smartphones-are-guiding-buyers-to-homes Opportunity Zones: Separating Wisdom From Folly https://www.forbes.com/sites/jeffsteele/2019/08/30/opportunity-zones-separating-wisdom-from-folly/ The Fed Cut Rates. What Does This Mean For Real Estate Investors? https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/29/the-fed-cut-rates-what-does-this-mean-for-real-estate-investors/#1bbb033b78b4 Half of All U.S. Student Housing Investment Serves "Power Five" Football Schools Alone https://www.worldpropertyjournal.com/real-estate-news/united-states/gainesville/cbre-commercial-real-estate-news-2019-student-housing-investment-data-power-five-football-programs-college-football-impact-in-student-housing-jaclyn-fitts-ucf-football-11559.php   Your Questions: Send emails to [email protected] Daphne, Little Rock, AR “How can I get on your VIP buyers list?” bit.ly/inexpensivehomes Samuel, Omaha, NE, “Do you recruit equity partners or private money lenders? What is your preference and how would you guide someone who wants to participate with you but is undecided about how they want to be compensated?” Allison, Tuscaloosa, AL “How do I invest in the Flipping America fund and if you say ‘Roll Tide’ on your show I’ll buy two shares.” I don’t always say “roll tide” but when I do I don’t mean it.  What does roll tide even mean? There is an old southern gospel song that says “He will roll you over the tide.” Does this mean we will actually beat Alabama next time? The dip from my egg roll dripped on my shirt and stained it. But I used Tide and got it out. There was a “roll” and “tide” in that response. Does that count? Wait I have more, there are jelly rolls, buttered rolls, rolls royces, tide waters, tied scores, tied shoelaces, all kinds of rolls and tides.  And lastly, I’ve TIDE this one up neatly - that’s the way we ROLL! I think now you are buying 20 shares Allison... Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “You are not here merely to make a living. You are here in order to enable the world to live more amply, with greater vision, with a finer spirit of hope and achievement. You are here to enrich the world, and you impoverish yourself if you forget the errand.” Woodrow Wilson   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, 

Today’s show is for anyone who is looking for a social media strategy. We all know we need to have a presence, but some of us (I’m looking at you baby boomers out there) don’t have a natural instinct for or even interest in social media. For me, I’m just not that interested in what my friends are having for summer or where they are currently on vacation - letting the whole world know they are out of the country and no one is at home guarding their stuff. So for those of us who know we need something but don’t want to become experts and definitely don’t want to have to learn multiple implementations, we need HELP. Help is coming to you today from our guest, Italina Kirkness. She will be along in just a minute to talk about your social media strategy.  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 [email protected]. 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:   Pre-order my new eBook: bit.ly/RBfantasticdeals   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.   Guest: Italina Kirkness, Social Media Strategy www.realestatelinkedin.com Free online presence assessment Biggest mistakes we make with social media: Ignoring it. Connecting and then not doing anything else.  Key question: “What made you want to connect?”   News: Trump Administration Unveils Newest Fannie, Freddie Reform Proposal https://magazine.realtor/daily-news/2019/09/06/trump-administration-unveils-newest-fannie-freddie-reform-proposal Here’s how many people tapped a retirement plan to buy their house https://www.cnbc.com/2019/09/11/heres-how-many-people-tapped-a-retirement-plan-to-buy-their-house.html Opendoor Expands With Title Company Acquisition https://magazine.realtor/daily-news/2019/09/06/opendoor-expands-with-title-company-acquisition WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak demand https://www.cnbc.com/2019/09/05/wework-is-dramatically-slashing-its-ipo-valuation-because-of-weak-demand.html Fall housing shifts quickly to a buyer’s market https://www.cnbc.com/2019/09/09/fall-housing-shifts-quickly-to-a-buyers-market.html The Surprising Ways Foreclosures Make Housing-Market Downturns Even Worse https://www.realtor.com/news/real-estate-news/the-surprising-ways-foreclosures-make-housing-market-downturns-even-wohttps://www.realtor.com/news/real-estate-news/the-surprising-ways-foreclosures-make-housing-market-downturns-even-worse/rse/ Your Questions: Send emails to Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, social media, linkedin

Recently I finished up another eBook, “How to Put Skin in the Game When You are Running Thin on Skin.” In it I show you how to do a real estate deal using none of your own money. I’m not just talking about the occasional “no money down” deal you might come across. I’m talking about doing a full fix and flip with none of your own money. People want to know how I’ve done 700 or more of these, so I wrote the book, telling you how I did it and continue to do it. Last time I read part one and today we are finishing it up with part two.  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 [email protected]. 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:  MBA: Global economic tension likely responsible for this week’s decline in purchase applications https://www.housingwire.com/articles/50072-mba-global-economic-tension-likely-responsible-for-this-weeks-decline-in-purchase-applications The top 5 markets for multifamily rents https://www.housingwire.com/articles/50065-the-top-five-markets-where-multifamily-rent-growth-has-risen FT: Tech tycoons want homes that look like Google’s offices https://www.housingwire.com/articles/50066-ft-tech-tycoons-want-homes-that-look-like-googles-office Why 'Days on Market' is a Key Metric When Selling a House https://realestate.usnews.com/real-estate/articles/why-days-on-market-is-a-key-metric-when-selling-a-house Your Questions: Send emails to [email protected] Bob, Atlanta, GA “Could you weigh in on the topic of purchasing tax liens?” Martin, Atlanta, GA “What is a subject-to purchase and how does it work?” Shazar, Atlanta, GA “I’m struggling with a way to estimate repairs. It seems like by the time I figure them out the property already has four other offers.” Cooper, Boulder, CO “A friend of mine turned me on to your show. We’ve been having a little debate about what to pay for rental properties. He says that according to you we should buy 1%ers and I say if you buy in the right location it doesn’t matter. The values will go up and we will be glad we bought. We are probably overpaying for properties near campus we plan to turn into student housing, but in the long term believe this is a sound strategy. How is this incorrect?” Justin, Toledo, OH, “I have no family and no friends with money. What I do have is hustle and the ability to talk to people. I like real estate and like negotiating to buy properties. I have made two deals so far and a friend of mine gave me a few thousand dollars for each one and he kept them as rentals. He doesn’t want more properties right now so I was wondering if you could give me some ideas about what to do next?” Allison, Fort Worth, TX “Do you ever get tired of talking about Real Estate?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Larry Goins is back on the show today.  Larry has been investing in real estate for over 30 years. Previously, Larry served as president of the Metrolina Real Estate Investors Association in Charlotte NC, a not-for-profit organization that has over 350 members and is the local chapter of the National Real Estate Investors Association. Larry is an active real estate investor and travels throughout the United States speaking and training audiences at conventions, expos, and Real Estate Investment Associations on his strategies for buying and selling houses. Larry has also written several books on real estate investing that are available wherever books are sold. Larry and Kandas are also the host of the BRAG Radio Network. BRAG is all about investing in real estate to Be Rich And Generous. Larry also has a podcast on real estate investing Brain Pick a Pro, where he interviews experts from real estate and give his own expert advice. Between speaking engagements and mentoring other investors, Larry oversees the daily operations of his investing business that wholesales properties, seller finances properties and holds properties for investment. On a personal note, Larry and his wife, Pam, have two children, Linda and Noah. He also has a granddaughter, Ember and grandson Keegan. They are a member of New River Community Church in Lake Wylie, SC. As a husband, father, businessman, and real estate investor, Larry holds true to his core values and moral integrity. His personal and business motto is, “​People and principles before profits.​”  There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.  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 [email protected]. 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.   Guests: Larry Goins It’s much easier to find a house for a buyer than it is to find a buyer for a house.  Even if. You have a buyer, advertise it every which way, you’ll pick up buyers for the next properties. Filthy riches, what I’m doing with the small houses.  If the property is fit and safe, (except TX) do a lease option.  If it’s not fit and safe (needs repairs), use a Land Contract. Every state except Texas. Sell it with mortgage or deed of trust.  It’s not just about the infomation - it’s the application.  T Boone Pickens: Ready Fire Aim.  Zenobia 877 LARRY GO. or  877-527-7946 Want a free copy of the books and investors kit. Need a realtor NAID to bid on every property in the state. They work the account, put in bids.  Responses could be: Nothing, Counter, Accept.  Look for the properties that are mispriced. Or perhaps the info is off, 1900 rather than 900. Anomalies in the listings.  Extended listings. Uninsurable, 90 days or more. 20% of list.  Loves ZILLOW. MLS properties, some FSBO. HUD Bank-owned. Etc. Use it for comps.   News: WeWork is in a bit of trouble. Board is calling for Adam Neuman’s head.  https://www.cnbc.com/2019/09/23/weworks-future-comes-down-to-masayoshi-son-vs-adam-neumann.html https://www.cnn.com/2019/09/23/investing/premarket-stocks-trading/index.html https://nypost.com/2019/09/23/wework-board-is-turning-against-ceo-adam-neumann-report/ National Trends:  https://www.forbes.com/sites/carolinefeeney/2019/07/01/halfway-into-2019-how-is-the-housing-market-holding-up/#417976563ec5 Prices are still rising, just at a more moderate rate. (check) Mortgage rates drop. (missed that one) There are supply problems as new housing starts are off (check) Coastal regions are flat or declining in price (check) Rest of the year?  Experts are optimistic because young adults will buy homes They see the slow-down as a short term unavoidable correction If new home construction can start in earnest next year will be good for the housing industry.  Your Questions: Send emails to [email protected] Ashraf, Marietta, GA “How do you get repairs done on the houses you own around the country?” Ashley, Boulder, CO “Do you ever get tired of talking about real estate?”   Liz, Santa Fe NM, “Our flip property has a grass lawn that looks just terrible and seems out of touch with our area anyway. Any suggestions on how to fix the yard up?” Patricia, Charlotte, NC, “What is the website where I can list my wholesale deal?” Julia, Port St. Lucie, FL “Have you considered selling the paper on your small houses? I’m interested in buying.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "You know all those things you've always wanted to do? You should go do them." -EJ Lamprey   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, Larry Goins, remote flipping, HUD houses  

I’ve stated many times before that the key to wealth building in real estate is to develop passive income streams. Rental properties are not entirely passive as rentals and rentERS need managing. You can hire a management company but they you have to manage the management company. Sounds like a lot, but if you have an excellent management company it’s like having an excellent contractor - life is SO much easier. You need to know the basics of property management even if you are going to hire it out. And you need to know someone who really knows what they are doing. That brings us to our guest today, Marc Cunningham.  Marc Cunningham grew up in the family property management company his father founded in 1978, Grace Property Management. Marc starting in the “weed pulling” division and moved on to mowing, painting, accounting and leasing. He joined the firm permanently in 1997 and currently serves in the role of President.  Today, from a platform of managing over 900 rental properties with 20 team members, Grace Management helps people buy, sell, invest, flip, collect rent, evict, and have fun doing it! If you are more impressed with initials after a name - Marc is the President of Grace Property Management & Real Estate, holds a degree in Real Estate & Finance, has taught CE classes in over 20 states, has been featured in multiple national real estate publications, hold multiple designations, and was just named the 2018 national property manager of the year by Think Realty. Marc lives in Loveland, CO, where he lives his failed childhood sports dreams through his children.  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 [email protected]. 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.   Guest: Mark Cunningham Four Questions for prospective Property Managers How long have you been in the business? What is your eviction rate? (the lower the better) What is your lease renewal rate? (the higher the better) If I have a change of mind or if our relationship just isn’t working out, how easy is it for me to get out of our contract?   https://www.rentgrace.com/owner-faq News: Six Surprising Data Sources Probably Being Overlooked In Your Multifamily Analysis https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/27/six-surprising-data-sources-probably-being-overlooked-in-your-multifamily-analysis/ How To Lose And Rebuild A Real Estate Portfolio https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/26/how-to-lose-and-rebuild-a-real-estate-portfolio/ How Proptech Adoption Across Generations Helps Fuel A Thriving Market https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/23/how-proptech-adoption-across-generations-helps-fuel-a-thriving-market/ Fannie Mae Predicts Two More Fed Cuts This Year https://magazine.realtor/daily-news/2019/08/21/fannie-mae-predicts-two-more-fed-cuts-this-year What Makes a Good Single-Family Rental https://magazine.realtor/daily-news/2019/08/27/what-makes-a-good-single-family-rental Your Questions: Send emails to [email protected] Alisa, Hammond, IN “Thanks for all you are doing to promote integrity and values in the real estate investing space. I’ve seen so many so-called “investors” who are horrible people doing terrible things and taking advantage of the less-informed. I want to know how to avoid hiring another dishonest contractor.  Kendra, Milwaukee, WI, “I live and work in the downtown area but I grew up in Sheboygan, which is just about an hour’s drive away. I want to flip properties up there, but how would you recommend I get started? I would only be able to go check on things once a week. Is it even doable? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Don’t Let Yesterday Take Up Too Much Of Today.” – Will Rogers  

I read a lot of books. I read a lot of books about real estate. One of the best books I have EVER read about real estate investing is “Crushing it in Apartments and Commercial Real Estate” by Brian Murray.    Brian started Washington St. Properties in 2007 when he acquired his first investment property. Without raising any outside capital, Brian bootstrapped his way from newbie investor to the owner of a nationally recognized real estate investment and property management firm. In 2014, Washington Street Properties won a God Stevie Award for Real Estate Company of the Year.    Washington Street Properties has been ranked on the Inc. 5000 list of the nation’s fastest-growing private companies for the past three years in a row. The company’s success has been achieved through a value-add approach, focusing on the renovation and turnaround of underperforming, strategically located properties.  With a focus on core values of integrity, excellence, value, and innovation, Washington Street properties owns and operates a large portfolio of assets in Upstate New York, including apartments, office buildings, retail centers, storage, parking, and mixed-use properties.    In addition to his endeavors in real estate, Brian Murray has worked as a professor, technology executive, management consultant and engineer. His media appearances include interviews on CNN, PBS, and CBS MarketWatch. Brian has been quoted by the Wall Street Journal, the New York Times, and dozens of other major newspapers around the world.    Write down the title, even if you don’t plan to invest in commercial real estate, and go get this book now. You will be glad you did. And the lessons you will learn will apply to other types of real estate and business practice as well. You will thank me when you’ve finished reading this book.    Brian is joining us in just a few minutes  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 [email protected]. 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: Brian Murray   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: 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 Weekly mortgage applications decline amid economic uncertainty https://www.cnbc.com/video/2019/08/28/mortgage-applications-mini-refinance-boom-squawk-box.html Mini refinance boom goes bust, as mortgage rates turn higher https://www.cnbc.com/2019/08/28/mini-refinance-boom-goes-bust-as-mortgage-rates-turn-higher.html Your Questions: Send emails to [email protected] Ariel, Atlanta, GA “I’m getting conflicting advice about using a Realtor to help me find properties. I’m just getting started out in wholesaling. What are your thoughts on this?” Cordinia, Macon, GA “Can you suggest some free ways to find possible deals?” 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  

Today I’m going to share Seven Rules for Real Estate Investing. Why seven? Why not 23 or 4? Recently I was on Nick Raithel’s show and he asked me to develop seven rules and only seven. I kinda like what I did so I thought I would repeat them here, although I do encourage you to find Nick’s show at Apple podcasts and give him a listen. These seven rules provide a framework not only for your real estate business but also for your life and career in real estate.  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 [email protected]. 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: Home price gains slowed in June, but low mortgage rates may heat them up again https://www.cnbc.com/2019/08/27/sp-case-shiller-june-2019.html The inverted yield curve is doing something weird to mortgage rates https://www.cnbc.com/2019/08/22/the-inverted-yield-curve-is-doing-something-weird-to-mortgage-rates.html   7 Differences Between Real Estate Funds and REITs https://money.usnews.com/investing/real-estate-investments/slideshows/differences-between-real-estate-funds-and-reits   10 Fundamentals Beginning Real Estate Investors Should Know https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/28/10-fundamentals-beginning-real-estate-investors-should-know/#6217eb341d99 Home Prices Notch 32-Month Growth Streakhttps://www.forbes.com/sites/alyyale/2019/08/27/home-prices-notch-32-month-growth-streak/#7cc954cc5b51       Topic: Seven Rules Buy for Less than you can sell it. Rent it out for less than your monthly payment. Know your numbers.  ARV Rehab Holding Loan Constant Cash on cash return. Learn the terminology and their proper use. It’s ok for this to be an on-going venture. Don’t try to conquer this before you begin.    Recruit a great Team   Great Contractor - Vital piece Great Realtor - Vital piece - more plentiful than great contractors.  Bird Dogs, Wholesalers, Marketing people Staff to your weaknesses   Treat it like a business   Understand how a business works. Business cards, logo design - all a form of procrastination Entity structure - important, but secondary.  Focus on the bottom-line You can scale systems, processes and products but you cannot scale YOU. Read the book E-Myth Mastery Brian Gerber. Do everything at first and stop as soon as you reasonably can. End up doing only those things that only you can do.  Include where you live, how you spend your days, etc. Include your reputation - how many people know who you are and what do they think of you?  Make a budget showing how much it costs to live your dream life. How much net return can you reasonably expect from your investments (real estate, stocks etc.)? How much will you have to invest in order for those investments to afford your lifestyle? You are financially free when your passive income pays for your lifestyle.  Picture your life in the future - 3, 5, 10 years. What is the life you dream about? Call it Vision, Goal, whatever. Terminology doesn’t matter Leave your children enough to do something but not enough to do nothing. Find a cause bigger than yourself - perhaps more than one. Giving makes you a better person and actually adds to your life wealth.  Think about your legacy. It is pretty easy to make more than you really need in this business. Choose generosity as a lifestyle habit.    Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   "Knowing is not enough; we must apply. Willing is not enough; we must do." - Johann Wolfgang von Goethe  

This past week at our Wednesday lunch meeting the topic of Self-Directed IRA’s came up and that became the theme of our Facebook live presentation. If you hurry over to Facebook you   might still get to view that conversation before it disappears. If, however you missed it, you can make up for it today. In a few minutes I have an expert coming on the show and you are definitely going to want to hear his thoughts about investing through your self-directed IRA.    Brian Eastman is a principal and Sr. Consultant at Safeguard Advisors, LLC based in Boulder, Colorado.   Brian has personally worked with thousands of independent investors over the years and has a deep understanding not only of the tax framework that governs self-directed retirement plans, but how to actually use such a plan successfully in a variety of real estate-related transaction types.   Brian has been investing in real estate personally and with his self-directed plan for 15 years, and has participated in sub-division development, flipping properties, rentals, lease options, and trust deed financing of various types of property.   Prior to joining Safeguard Advisors, Mr. Eastman spent nearly two decades in the development and implementation of complex software systems, with a focus on client education. His ability to present complex and wide-ranging topics in a clear and understandable fashion translates well to the educational approach that is critical to helping investors discover the potential of a self-directed retirement investing strategy.   A graduate of UC Berkeley, Mr. Eastman enjoys exploring the wonders of the Rocky Mountain backcountry with his family and cheering for his son’s hockey team.    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 [email protected]. 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.   Guest: Brian Eastman In plain English, what are self-directed IRA and 401(k) plans and why do they matter to real estate investors? How can a real estate investor get more from their self-directed IRA? What tax issues should an investor be on the lookout for, which can occur inside their retirement plan? What are some examples of using a self-directed plan for real estate investing?Describe for our listeners some of the benefits and complexities involved if they were to use debt-financing to invest with a self-directed plan. What benefits are associated with a checkbook control Self-Directed IRA or 401(k) plan? Self-directed IRA & 401(k) plans - an overview Getting more from your self-directed IRA Real estate investing with a self-directed plan (rentals, syndicates, development/flipping) The benefits and complexities of using debt-financing (i.e. mortgages) when investing with a self-directed plan Tax issues that can occur inside a retirement plan and how to understand and strategize around those issues   News: Millennials can’t afford real estate — destined to remain sad apartment dwellers https://nypost.com/2019/08/31/millennials-cant-afford-real-estate-destined-to-remain-sad-apartment-dwellers/ Artificial intelligence in residential real estate: Reality or hype? https://www.housingwire.com/articles/50044-artificial-intelligence-in-residential-real-estate-reality-or-hype International investors take a small step back from US commercial real estate, as yield is less attractive https://www.cnbc.com/2019/08/30/international-investors-pull-back-from-us-commercial-real-estate.html Weekly mortgage refinances fall further, despite lower interest rates https://www.cnbc.com/2019/09/04/weekly-mortgage-refinances-fall-further-despite-lower-interest-rates.html Redfin Publishes Agent Commissions with Its Listings https://magazine.realtor/daily-news/2019/08/30/redfin-publishes-agent-commissions-with-its-listings   https://www.cnbc.com/2019/09/04/sam-zell-on-wework-every-single-company-in-this-space-has-gone-broke.html?__twitter_impression=true&recirc=taboolainternal   Your Questions: Send emails to [email protected] Hector, Sacramento, CA. “Have you ever flipped a farm? I’m looking at buying one to keep this guy out of foreclosure but I don’t want to keep it.Article I found to help: http://www.businessvaluations.net/blog/valuing-a-farm-business Eva, Pittsburgh, PA, “My lender has options for my rental. I can do interest only at 4.8% (5 years then convert to amortized) or I can do a fully amortized loan at 4.75%.” We followed up: She is in her 30s and plans to hold them indefinitely. Purchase price is 180,000. Putting 40,000 down. Loan amt is 140,000. My calculations: PI pymt is $730/month. Interest only is $560. $170/month difference. $10,200 over five years. Options are keep renewing interest only for maximum cash flow or refinance the amortized loan every 7-8 years to improve Return on Equity.  Carmela, Port St. Lucie, FL “I’ve been wanting to write for a couple of weeks, but we have been a little busy here preparing for Dorian. It looked like we were going to get hit hard, but were spared thankfully. I was thinking about your show and wondered if you go in and buy storm damaged houses. And I’m not saying this about you, but I’m thinking about doing it and looking for an answer when people tell me I’m praying on the misfortune of others. Do you have a good answer to that?” Frieda, Jacksonville, FL “I saw how you helped my friend with her roof contractor situation. I’ve had a couple of bad experiences with contractors also and I’m wondering if there is a better way to protect myself in the future?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   "Have intense and unfailing love for one another, for love covers a multitude of sins." - 1 Peter 4:8  

Guest EMCEE: “Live from Atlanta, GA, it’s Flipping America!”   Hello everyone and welcome to another edition of Flipping America Live. Thanks for joining us both on the radio, via podcast or via the Facebook Live Stream we have going right now. We have a little buzz going on right now on Apple Podcasts so would you do me a quick favor? Even if you listen to the show through some other means, would you get into iTunes on your computer of the podcasts app on your iphone or ipad and give us a rating. I’m not going to tell you how to rate us, but so far every person has given us 5 stars. So let peer pressure influence you here.. And if you will, please take a moment and write something. That would be great and we thank you.    We have a special show coming to you today. Every Thursday night we gather at City Tap here in Midtown Atlanta to network, hang out, ask questions, do deals and generally learn from each other. Tonight we are going to turn this into episode 286 of the Flipping America show (cheers).    The focus tonight is your questions. We have a list of questions from our listeners. Some of the people in the room have questions. And some of you watching on Facebook might have questions. We are devoting most of the show to your questions and their answers. You can always email your questions to [email protected] or you can call 404-396-1018 ext 1. We answer every question that comes in and we will answer yours. We can’t put them all on the air of course but we do feature some of them because we believe the answers will be instructive for other listeners.  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 [email protected]. 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: What is “tappable equity” and what should homeowners do with it?https://www.housingwire.com/articles/49963-homeowner-tappable-equity-reaches-an-all-time-high-of-63-trillion?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=76198051&_hsenc=p2ANqtz--fNOsqURvoZwsMaPU4XGubWfWwKeZW5R96wnAiGRlLCKkCb2BFzWwe1ud4pSETP1KW3du8s1DZsFZ1jxEWyd95otvCztLeFww_LMQpXtyOJUThpAY&_hsmi=76198051 https://www.housingwire.com/articles/49958-what-does-an-inverted-yield-curve-really-mean-for-housing-us-economy?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=76198051&_hsenc=p2ANqtz--fNOsqURvoZwsMaPU4XGubWfWwKeZW5R96wnAiGRlLCKkCb2BFzWwe1ud4pSETP1KW3du8s1DZsFZ1jxEWyd95otvCztLeFww_LMQpXtyOJUThpAY&_hsmi=76198051 OpenDoor is leading the iBuying Race but Zillow is catching up. https://www.housingwire.com/articles/50079-opendoor-leads-the-ibuying-race-but-zillow-is-catching-up?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=76455440&_hsenc=p2ANqtz-9L6BN-4piCFAx039x-2apSCTC-3N8XMAhKXrHYgff7dABoKWBS4uotfXVrIQOglzwzH__hyybq7dFe1fZCFR48qx_p15Q_GTIjRQxBOxpKpyFpHlA&_hsmi=76455440 How is there an “Opportunity Zone” where the median home price is $1.4 million?https://www.attomdata.com/news/market-trends/top-10-census-tracts-in-opportunity-zones-with-median-home-prices-above-500k-and-below-200k/   Your Questions: Send emails to [email protected] Chad, Denver, CO, “Can you explain the inverted yield curve and what that means to homeowners and/or investors?” Jamie, Columbia, SC “Dude! You passed on the yield curve thing. Please explain it to me in terms I can understand.” Justin, Boulder, CO, “Are we headed for recession? If so how should that guide my investing decisions? I buy and hold single family homes. Thank you.” Alan, Long Beach, CA “I know I want to buy income producing properties. I just don’t know what kind. I’ve considered single family, multi-family, apartments, and even a couple of strip shopping centers. Can you give me some thoughts to help me narrow down the possibilities?” Melvin, New Braunfels, TX “I really like flipping houses. I want to expand but I can’t find enough deals around here. I can be in San Antonio in about 45 minutes and Austin in an hour. My big dream is to be flipping houses in all three markets. But how should I go about getting started in whichever one I go for next?” Andre, Harrisburg, PA, “I heard one of your older shows and you talked about the Installment Land Contract. I’m not familiar with this. Can you enlighten me?” Paul, Atlanta, GA “Being real with ya bro. I want to take your $50/month course. I just can’t swing that first payment of $750. Do you have a coupon code?” Susan, Manchester, GA “I can buy lots of double wide trailers down here in the 50 and 60 thousand range that I can rent out for $600 a month. I know that fits the 1% rule, but what about mobile homes? Does the formula still apply?” We followed up with a couple of additional questions: She is paying cash and owns the three acres they sit on.   How do you know when you find a “Deal”. - Michael  Greene     Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Don’t Let Yesterday Take Up Too Much Of Today.” – Will Rogers  

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 [email protected]. 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 [email protected] 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 280 Daniil Kleyman, Rehab Valuator Opening: Daniil Kleyman is a real estate developer, investor and software entrepreneur out of Richmond, VA.  An immigrant from Russia at the age of 12, he worked hard in school, made it into a prestigious university and landed a string of jobs on Wall Street in NY only to realize that working for others, no matter the compensation or prestige, wasn’t for him.  He ventured out on his own and hasn’t looked back since. He currently specializes in ground-up residential and commercial development, with a focus on buy-hold or build-hold projects.   Along with his investment business, he also started a software and education business for real estate investors, which now serves tens of thousands of investors across the US and even abroad.  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 [email protected]. 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: Daniil Kleyman www.rehabvaluator.com 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: Trump Administration Reducing the Size of Loans People Can Get Through FHA Cash-Out Refinancing High Times: Is Cannabis the New Secret Ingredient for Luxury Real Estate Sales? https://www.realtor.com/news/trends/cannabis-the-new-secret-ingredient-for-luxury-real-estate-sales/ These are the nation's most affordable housing markets for middle-class families Capital Economics: Expect home prices to increase as mortgage rates drop July’s home sales ends a nine-month climb of annual inventory growth Back on campus, students confront a challenging housing market https://www.curbed.com/2019/8/20/20813141/college-real-estate-apartment-dorm Your Questions: Send emails to [email protected] Alberto, San Antonio, TX, “Can you give an example or two of when the numbers work, but you pass on the deal anyway? And then can you tell us when you might violate the MAO rule?” Jessica, Lake Wales, FL, “What would you do if you had an opportunity to buy a mobile home at a great price? Like $15,000 and I can rent it for $600/month. I get several opportunities like this.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “You can have anything you want if you want it badly enough. You can be anything you want to be, do anything you set out to accomplish if you hold to that desire with singleness of purpose.”- Abraham Lincoln

FAR 279 Michael Blank Opening: Michael’s an entrepreneur through and through and passionate about helping people become financially free with real estate investing He’s the author of the Amazon bestseller “Financial Freedom with Real Estate Investing” and host of the popular Apartment Buildings Investing Podcast. He’s helped investors purchase 5,000 multifamily units valued at $215M through his content and training programs. As CEO of Nighthawk Equity, he controls over $43M million in performing multifamily assets all over the United States and has raised over $12M.  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 [email protected]. 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: Michael Blank 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: Trump’s trade war means less Chinese real estate investment in US https://born2invest.com/articles/trump-trade-war-chinese-real-estate-investment-usa/ Buying a Home, No Matter the Market https://www.wsj.com/articles/buying-a-home-no-matter-the-market-11565885850 America's Hottest—and Most Unexpected—Real Estate Markets in July 2019 https://www.realtor.com/news/trends/july-2019-americas-hottest-and-most-unexpected-real-estate-markets/ Is a recession coming? Here’s what that means for housing https://www.curbed.com/2019/8/15/20807042/recession-housing-market-interest-rates-home-prices Realtor.com warns of lower housing inventories https://realtybiznews.com/realtor-com-warns-of-lower-housing-inventories/98755423/ High Times: Is Cannabis the New Secret Ingredient for Luxury Real Estate Sales? https://www.realtor.com/news/trends/cannabis-the-new-secret-ingredient-for-luxury-real-estate-sales/ Your Questions: Send emails to [email protected] Lyndon, Knoxville, TN, “Do you have lenders that will do a cash out re-fi on property I already own?” Yes - already sent. If you want the list, just email me. We are about to sign one of the largest lenders in the United States to a marketing deal.  Carson, Harrisburg, PA, “How does flipping houses create wealth?” Tiffany, Carrollton, GA “I’m so ready to give up. I spent a TON of money on a training course and bought a house. I think I spent too much on the rehab. It sold fairly quickly but the check I got at closing was less than the check I wrote when I bought it. Does this even work?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   "He who is not courageous enough to take risks will accomplish nothing in life." - Muhammad Ali  

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 [email protected]. 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 278 Fantastic Deals and Where to Find Them pt 2 Opening: We are going to finish up today with part 2 of my new eBook, “Fantastic Deals and Where to Find Them”. The ebook will be available in the Kindle store and as an audio book. But we have some questions piling up I need to get to and of course the news. I’ve also got a little math less review for you that will help us understand some of the data in the news. All of that is coming right up!  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 [email protected]. 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.ajc.com/business/atlanta-housing-market-may-have-hit-turning-point/WDvZlhpJtHrhj2xLrNHF6J/ https://www.attomdata.com/news/market-trends/attom-data-solutions-q3-2019-vacant-property-and-zombie-foreclosure-report/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-major-cities-with-the-biggest-home-seller-gains/ https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2019-u-s-home-affordability-report/ Your Questions: Send emails to [email protected] Alison, Colorado Springs, CO, “I tried to download the ‘Property Grade’ app from the Google Play store and it doesn’t look like it’s available. What am I doing wrong?” Don, Pittsburgh, PA, “You recently did two shows “Why We Fail” and “Why You Will Succeed”. I wanted you to know those are two of the best podcasts I’ve ever heard and I do believe my life has been changed by them. I don’t have a question at this time -- I just wanted to say thank you.” Betty, Villages of Ocala, “My husband and I retired a couple of years early, but we are retired and want to stay that way. What are the best options for us to invest in some real estate passively?” Paul, Jacksonville, FL “Just heard this show for the first time. Thanks for being a voice of realism that cuts through all the “hype.” Please tell me a realistic way for me to get started in this business. I have a little money, and my family has owned rentals, but I don’t think it was a good experience for my parents. I want to get in, but I want to do it right.” 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 gotten 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    

If you’re going to be in this business you’re going to have to spend at least a little time with some numbers. And if you want to do well with the numbers and work with any kind of volume at all, you would be well advised to learn how to use a spreadsheet. That’s what I did. In fact I became quite the nerd with them. At one point several years back when I was single, I was teaching a team how to use my foreclosure analysis spreadsheet. One of the ladies in the groups raised her hand and asked, “do you evaluate your girlfriends with a spreadsheet?” That was a GREAT idea!    I was looking around online to see what’s out there and came across several products and possibilities. A few of the programs were so good I immediately reached out to the developers to see whether they would come on the show. One of them joins us today. He is Dave Robertson, from House Flipping Spreadsheet and FlipperForce.   He was a Construction Cost Estimator for a large commercial construction company when he started flipping houses part-time.  As an Estimator his natural born instinct was to create an Excel spreadsheet to help him analyze deals and estimate rehab costs.  But Dave's inner nerd took over and he went a little crazy and ended up spending thousands of hours building and tinkering with his spreadsheet which is now known today as the House Flipping Spreadsheet.  Dave is currently taking his success with the House Flipping Spreadsheet and investing his time in a new web-based house flipping software called FlipperForce.   Last show we had some fun with the news. Today we are going to take some questions. Normally when we do this we get to answer 4 or 5 questions. I have 9 questions from one person. I love the enthusiasm! So we are going to answer as many of them as we can on the show later. I’ve already answered the questions briefly and let Mark know I would be addressing them on this 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 [email protected]. 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: Dave Robertson https://www.houseflippingspreadsheet.com https://www.flipperforce.com    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.houseflippingspreadsheet.com https://www.flipperforce.com  Your Questions: Send emails to [email protected] Mark, Atlanta, GA,  Could you recommend a couple of good lenders that I could reach out to and start the paperwork? Do you have more info on the buy/sale trade association? Any kind of network associations that I need to sign up with? Is quickflips is that where you don’t touch the properties but use other people’s money and they sell the house for you? Are those hard to do? I want to build rental properties in my portfolio – how do you know how to keep it as rental or flip it for cash? What is a good price range for buying properties that are for rental properties? What is a good way to find an aggressive rental estate agent who is trained to find these type of properties? How do I get my hands on the hottest list since I have a call center I can use? In addition I do have a real estate script I can use. Are we trying to set appointments to go to the house or are we trying to just set appointments on the phone? Are we setting the appointment for a call back to speak to me or experienced rep? Lenders:  GROUNDFLOOR.us Michael Braswell. www.Braswellcapitalsolutions.com 770-854-2194 Chip Cagle and Residential Capital: 404-216-5599 FundSource Financial, Erik Barlow, 770-913-6201 Civic Financial, 470-863-6187 Baker Collins: www.bakercollins.com   The Buy Sell network is at www.FlippingAmericaNetwork.com Brief Video: https://www.youtube.com/watch?v=ynmaTT7VSsk It’s free to join. As a buyer let us know the zip codes you want to buy in. When someone posts a property in your zip code, you get a text message. If you want exclusive 48-hour access to new leads, you can “reserve” the zip code for $100/month.    Network Associations? I recommend you hang out with us here at Flipping America. But I also like the people behind the Atlanta REIA and the South Atlanta REIA. Both are good groups.    Most of the rest of your questions are covered pretty regularly in my shows and in my training programs. But I’ll give you some quick answers anyway.    Quickflips. Not sure what you mean here. It is difficult to recruit Other People’s Money in the first place. But when I do I normally repair the property. UNLESS it is in a different state. For those I either buy them myself or sell them for a 2500 profit. I’ve done a few of them with OPM but I’m not enjoying that process so much.    I generally flip three and use the proceeds to buy a rental. There have been occasions where a “flip” didn’t sell and we had to turn it into a rental. Those don’t always cash flow well, but we do what we can. If you can get at least 1% of your total acquisition (purchase and initial repairs) in rent each month, it should be a pretty good rental. There are other criteria besides the numbers, however.    I want inexpensive houses in working class neighborhoods for the most part. I have accidentally had “executive level” rentals in nice neighborhoods where I just couldn’t get the properties sold. Even though the returns weren’t great I had a better quality of tenant. I still tend to want to pay less per door for rentals. The cash on cash return is better and the risk is spread out.    Talk to a lot of agents. But don’t be under any illusion. The good agents won’t want to take the time to help you find deals - they are too busy because they are good. Newer, hungry agents are likely to be a good fit for this. But they may not be all that great at selling the home.    I think the best local lists will come from lawclerkondemand.com. But I also get strong lists from Karen Anderson. [email protected].    The first thing we are doing is assessing the seller’s motivation. If it is high, we want an appointment sometime today at the house. If it’s medium, we will fit them in. If it’s low we make an offer over the phone.  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  

Quick question: What is a property worth? Answer: What someone is willing to pay for it. That answer is truthful, but it doesn’t always end up being “correct.” That’s because few people pay cash for real estate. When you borrow money the lender is going to protect their interests by ordering an appraisal. They will contact a licensed appraiser who will examine the property, compare it to nearby similar properties for sale or that have been sold, and will prepare a report that reflects his or her opinion of value. Although it is an opinion, it carries weight with the lender. In fact the lender will almost completely disregard what the buyer is willing to pay for the property if the appraiser has a different opinion.   This makes the appraiser an important piece of the puzzle. And it’s a piece over which you have no control. I was in this business when we could still choose an appraiser and I watched them get pressured into justifying higher prices than should have been reasonable. Since the collapse of 2008 and the passage of Dodd-Frank, appraisers are now selected from a blind pool by the lender and no one in the process is allowed to pressure or influence the appraiser. Although this system has its flaws, it’s probably better than the previous.    So you’re going to have an appraiser and this piece is outside your control. It would be a good idea if you knew what an appraiser was thinking before you BOUGHT the property right? That’s what we are going to do for you today. We are going to help you get inside the mind of an appraiser.    Scott Murphy is joining us in a few minutes. Mr. Murphy has been appraising real estate since 1985. In 1993 he earned his SRA designation from the Appraisal Institute – a credential earned by less than 1% of the appraiser population.   In 1996 he established D. S. Murphy & Associates and has grown the firm to have over 70 associates – servicing Georgia, North Carolina, South Carolina, Tennessee, Florida and California.   In 2004, Mr. Murphy was appointed by Gov Perdue to the Georgia Real Estate Appraisers Board where he is actively working to improve the laws and more closely regulate appraisers in Georgia. He has served as the Chairman of the Georgia Real Estate Appraisers Board for the past four years.   He is an active member of the Appraisal Institute, the National Associates of Realtors, the Northeast Metro Atlanta Board of Realtors and the Georgia Real Estate Fraud Prevention and Awareness Coalition.   Also coming up - it might be getting harder for your buyers to get a loan. And I have unbelievable news about recent home sales. They are both up AND down. I’ll have the coverage and explain shortly. And folks this is as close as we get to genuine hilarity in the world of real estate so decide now you’re just going to laugh about it with me.    And Ben Carson is working on affordable housing. I’ll have that story today also. 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 [email protected]. 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: Scott Murphy www.Dsmurphy.com  877-507-3432 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/real-estate-news/why-it-could-get-more-difficult-for-americans-to-get-approved-for-a-mortgage/ https://www.realtor.com/news/real-estate-news/pending-home-sales-rise-in-june-helped-by-western-gains/ https://www.realtor.com/news/real-estate-news/u-s-new-home-sales-picked-up-in-june/ https://www.realtor.com/news/real-estate-news/u-s-existing-home-sales-decreased-1-7-in-june/ https://www.realtor.com/news/real-estate-news/pending-home-sales-roar-higher-but-are-stuck-below-year-ago-levels/ https://www.realtor.com/news/real-estate-news/u-s-new-home-sales-fell-for-second-straight-month-in-may/ https://www.realtor.com/news/real-estate-news/trump-administration-to-take-on-local-housing-barriers/ https://www.housingwire.com/articles/49777-hud-city-of-los-angeles-reach-landmark-settlement-in-accessible-housing-dispute https://www.housingwire.com/articles/49767-this-is-how-grocery-chains-affect-a-homes-value Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “A thousand candles can be lit from the light of one candle and life of the candle will not be shortened. Happiness will never be decreased by being shared.” - Buddha   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, appraisals, real estate appraisals

A little over a year ago while going through the mix of show research I came across a story from a small local newspaper called the Flathead Beacon. My first thought was flathead as in the engine. My next thought was “fathead” which was an insult my brothers and I used to trade. But this must be a geographic area with which I was not familiar. So I clicked the link and introduced myself to a section of the great northwest I had not previously known and Kalispell, Montana, population 22,000.  The newspaper has a regular real estate column providing us with stats on local sales and the area market. It’s well researched and well written and I noticed that the author was not only a realtor but also a real estate researcher. So I decided to include a check-in on Kalispell as one way of keeping my finger on the pulse of the real estate market around the US. Then sometimes last year Mr. Dews published an article, which I referenced on the show, showing a statistical link between the placement of various numerals in the pricing of a property correlated to how well the property sold - how quickly and how close to listing price. I was fascinated by the premise and as I read the article it became clear to me that this guy - Richard Dews - was incredibly nerdy, extremely thorough, and I think had a dry sense of humor. At least I believed the article was meant to be taken as humorous. I told my team, “we need to get this guy on the show sometime” not quite really meaning it. But in the past few months as I continue to monitor the Beacon I decided we really do need him on the show. A little research and a conversation with a somewhat disbelieving Richard Dews and here we are.  Richard has done a lot of things in his career, much of it having to do with technology. I’m going to let him tell you his story in a few minutes. He is now the CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company. His latest story tells us which day of the week most properties go under contract (hint: it’s not Friday, but you wish is were Saturday).  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 [email protected]. 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: Richard Dews 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://flatheadbeacon.com/2019/07/31/real-estate-market-trends-60/ https://www.housingwire.com/articles/49769-ftc-promises-equifax-victims-who-want-the-125-offer-you-will-be-disappointed https://www.corelogic.com/insights-download/the-marketpulse-report.aspx Your Questions: Send emails to [email protected] Paul, Minneaoplis, MN “Can you connect me with a funding source to develop a subdivision?” Suzanne, Boulder, CO “Do you know any apartment lenders?” Isabelle, Tampa, FL “I’m looking for funding for a mixed use project that would include office, maker space, and residential. Do you know any potential funding partners?” Joseph, Long Beach, CA “I have a number of apartment building projects around the country that I need funds for. Are you interested?” Eva, Washington DC, “I just heard your show for the first time. You say that the DC market is hot and I believe you, but this is a large area that spreads across a couple of states. Can you be more specific about the hot areas? http://bit.ly/getprivyprogram Sanders, Indianapolis, IN, “Can you help with my analysis of an apartment complex?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “A thousand candles can be lit from the light of one candle and life of the candle will not be shortened. Happiness will never be decreased by being shared.” - Buddha  

FAR 273 Nick Raithel Opening: Nick Raithel is the creator of the 7-Hour Book. This proven system allows any real estate investor to get their own professionally-published book while spending only 7 hours of their time on it. With the 7-Hour Book, Nick is on a mission to help investors and others in real estate finally get the recognition they deserve. Time and again, he’s seen those in nearly every community who have incredible stories and knowledge to share. A book is the ultimate way for them to share their insights and, in doing so, attract new business and investment opportunities. Yet the issue always seems to be that no one has any time.    Seeing this, Nick combined advanced time management strategies with his own experiences in publishing and marketing. The result was the 7-Hour Book, a service that’s been delighting clients ever since. 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 [email protected]. 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: Nick Raithel http://contentcorps.net/ 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://magazine.realtor/daily-news/2019/07/31/what-the-fed-s-rate-cut-means-for-your-buyers https://magazine.realtor/daily-news/2019/07/31/renovations-with-the-worst-roi https://magazine.realtor/daily-news/2019/07/31/10-most-affordable-lake-towns https://www.cnbc.com/video/2019/07/30/real-estate-compass-ceo-squawk-box.html https://www.cnbc.com/2019/07/31/this-state-is-home-to-the-best-cities-for-renters.html https://www.cnbc.com/2019/07/30/sp-case-shiller-may-2019.html https://www.housingwire.com/articles/49737-real-estate-lending-platform-groundfloor-raises-3-million-through-crowdfunding https://www.housingwire.com/articles/49749-td-banks-customer-centric-approach-relies-on-tech-powerhouse-roostify https://www.youtube.com/watch?v=MvgN5gCuLac Your Questions: Send emails to [email protected] Donald, Harrisburg, PA, “I’ve listened to your show for awhile now and my city, Harrisburg, has never made any of your lists. It seems ok to me, but I’ve lived here all my life. I want to own some rentals and would like to flip a few. Where should I be looking” Manuel, San Antonio, TX, “I am a house painter who wants to be flipping houses. It seems like I should be painting all my houses with my crew, but after listening to you talk about hiring people, it’s like maybe I shouldn’t paint them myself. I don’t understand.” Suzanne, Alpharetta, GA “How many rental houses should I own before hiring management?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” Jimmy Dean  

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 [email protected]. 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 [email protected] 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 [email protected] 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  

Three years ago he was a Management Consultant who wanted to get involved in real estate investing. Two and half years ago he dove in, and now he’s already done 100+ deals and not one of them in the town where he lives. His name is Steven Pesavento and we are going to tell his incredible story today. Stay tuned to find out how he did it and how he’s doing it.    Just to prove that Americans do not have a monopoly on stupid ideas, rent controls may be coming to London. I’ll have that story.    Also, if you are investing in real estate with an eye to the future and you believe global warming is a thing, I’m going to tell you the top TEN cities where you need to buy up everything a few miles inland so your children can enjoy owning coastal property.    And are you ready for this? Amazon is getting into the real estate business. Watch out Zillow!   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 [email protected]. 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: Steven Pesavento TheInvestorMindset.com https://www.investormindsetsummit.com/tickets   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: Rent controls in London! https://www.cnbc.com/2019/07/19/mayor-of-london-sadiq-khan-wants-rent-controls-in-london.html https://www.cnbc.com/2019/07/18/10-cities-could-lose-34-billion-plus-in-housing-to-floods-by-2050.html I’m just kidding about buying inland. We’ve proven we know how to live in cities built below sea level. Or at sea level. If and when it happens we will figure it out.  Baku, Azerbaijan Amsterdam New Orleans Copenhagen Singapore Santo Domingo, Dominican Republic But think about this - What if global warming causes there to be enough water to re-irrigate the Sahara desert? It might not be all bad, gloom and doom.  https://www.cnbc.com/2019/07/22/amazon-partners-with-realogy-dipping-its-toes-deeper-into-real-estate.html Your Questions: Send emails to [email protected] 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.) Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Whether you think you can or you think you can’t, you are right.” - Henry Ford  

He was a Civil Engineer who wanted to be in real estate. So he went right out and bought a multi-family in one of the toughest neighborhoods in town, on a street filled with drug dealers, crime, and decay. But he turned his building around. Then used his influence to turn the street around. All without the use of force, without confrontation, and with dramatically positive results. You have to hear the story today of Al Williams. He’s the author of two books, “40 Ways to Increase the Net Income of Your Rental Property.” Paperback $18.97 and Building Wealth with Inner City Rentals, paperback $16.97. Both available on Amazon.    Al practices what he calls landlord leadership in Oak Park, an inner city suburb in the middle of Sacramento, California. See the show notes and you will be able to contact.    (You can reach Al at: P.O. Box 188491, Sacramento, CA 95818, [email protected])   Also coming up, Vacancies in single family homes are near an all time high, but demand for multi-family is skyrocketing. Millenials are buying homes to a degree, but many are preferring rentals.    Also in the news, mortgage rates moved - which way? I’ll tell you in a minute and you might find it funny. I did. In other news, Zillow and Compassed have kissed and made up. Their mutual lawsuit has been settled.    And investors are moving up in the world. Since I’ve been paying attention real estate investors have accounted for about 5% of home purchases every year. Last year the number was very different - I’ll tell you how different and offer a couple of reasons why.  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 [email protected]. 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: Al Williamson He has a mind for making money and a heart for making cities a better place to live.  Book: “40 Ways to Increase the Net Income of Your Rental Property.” Paperback $18.97 Book: “Building Wealth with Inner City Rentals,” paperback $16.97.  Both books are free if you are a Kindle Unlimited member.    Leadinglandlord.com   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.cnbc.com/video/2019/07/19/vacancies-remain-at-epidemic-levels-in-some-us-cities-axios-managing-editor.html https://www.cnbc.com/2019/07/08/rental-demand-soars-as-more-millennials-say-its-cheaper-than-owning-home.html https://www.realtor.com/news/real-estate-news/investors-are-buying-more-of-the-u-s-housing-market-than-ever-before/ up around 11% last year. Historically 5%. https://www.realtor.com/news/real-estate-news/mortgage-rates-are-moving-sideways-will-they-fall-from-here/ Hilarious non-headline. Is that another way of saying they stayed the same? (Hint: yes). Seriously tho - they may be about to come down and they are already lower than we projected. I’m man enough to admit when I missed a called. Previously I had predicted rates would reach 5% this year. I was wrong. They might get below 3.5% which is staggering to me.  Don’t buy the Facebook Libra coins. Just don’t. They don’t come out until sometime next year but fake sites are selling them already.  https://www.pcmag.com/news/369699/watch-out-for-libra-scams-claiming-you-can-buy-the-cryptocur?utm_source=email&utm_campaign=whatsnewnow&utm_medium=title Your Questions: Send emails to [email protected] MaryAnn, Morgantown, WV, “I am having trouble getting a hard money loan or a private money loan because I have no experience. Please tell me what I can do.” Sidney, Lancaster, PA, “I can buy a duplex that will bring 1500/month in rents for $150,000 or I can buy a single family for $120,000 that will bring 1200/month. They both seem to be the same in terms of the return. The duplex seems like more work. What are some other things I need to be thinking about to decide which? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Opportunity is missed by most people because it is dressed up in overalls and looks like work.” - Thomas Edison  

FAR 269 Mark Kenney Think Multi-Family Opening: One of the best ways to own income producing property is to own multi-family.  Increased Cash Flow Easier Property Management Multifamily Properties Hold Their Value Tax Breaks Better Loan Opportunities Multifamily REITs Demand Projected to Increase Over the next couple of weeks we are going to do some segments on multifamily investing and I have a strong lineup of players coming on the show to talk with me about it. Mark Kenney from Think Multifamily is joining us today and he will be along in a few minutes.  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 [email protected]. 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.mashvisor.com/blog/investing-in-multi-family-homes-2019/ https://andersonadvisors.com/8-reasons-to-invest-in-multifamily-housing/ https://cashflowdiary.com/blog/real-estate/multi-family-properties/investing-in-multi-family-properties/ https://www.realized1031.com/blog/is-multifamily-a-logical-investment https://www.fortunebuilders.com/multifamily-investment-property/ https://lyonstahl.com/real-estate/top-5-reasons-invest-multi-family-property/ https://arbor.com/blog/spotlight-top-markets-small-asset-multifamily/?utm_medium=google&utm_campaign=chatter&utm_source=GoogleCPC&gclid=Cj0KCQjw1MXpBRDjARIsAHtdN-3W4b7HhBqX_gbV9R57YBeuK3YmkwTTwyEuZDyrUd_iYAm4PZm7M34aAsIpEALw_wcB https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property https://www.thebalancesmb.com/economy-of-scale-in-multi-family-real-estate-investment-2867042 https://www.nreionline.com/multifamily/ranking-top-multifamily-markets https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/ https://magazine.realtor/daily-news/2019/07/18/housing-could-turn-around-weakening-economy Your Questions: Send emails to [email protected] David, Atlanta “My flip project isn’t going to sell for what I thought when I bought it. The market is softening. What do I do?” David has a HM loan in place Monica, Gainesville, “I haven’t been able to sell my flip. What can I do?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Opportunity is missed by most people because it is dressed up in overalls and looks like work.” - Thomas Edison   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America

FAR 268 Notes Rich Munroe AirBnb Opening: Short Term rentals are a hot topic right now. Today we are doing the first of a two part series on them with a focus on AirBnB. Our guest is Superhost Rich Munroe of Diamond Edge Properties. He has his own properties and manages properties for other AirBnB hosts. He’s coming along shortly to discuss the ins and outs of short term rentals and help us understand the amazing potential of this investing method.  And do you know what an AVM is? You should, because it’s about to be involved of 70% of single family home transactions. The acronym stands for Automated Valuation Model. The problem is - AVMs are generally unreliable and can often create problems rather than solve them. I will explain.  Realogy is back in the news - this time not about their lawsuit against Compass. This time they have trouble of their own. Purplebricks is closing shop in the US, and we have an engagement announcement - Redfin and OpenDoor have announced a joint project in two cities. What that is and what it means to you is coming up.  Plus if we have time I’m going to share with you some towns that will pay you to live there and a few places you can get FREE land.  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 [email protected]. 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.housingwire.com/articles/49547-opendoor-and-redfin-join-forces-to-begin-buying-houses-in-phoenix-and-atlanta https://www.housingwire.com/articles/49508-flat-fee-real-estate-agency-purplebricks-shuttering-us-business https://www.housingwire.com/articles/49506-expert-avms-will-soon-represent-70-of-valuations https://flatheadbeacon.com/2019/04/24/real-estate-market-trends-47/ https://smartasset.com/mortgage/us-cities-that-will-pay-you-to-live-there https://www.aol.com/2010/10/19/click-here-for-free-land-five-places-where-land-is-free/ Motivational Thoughts for the day   “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” - Colin Powell   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 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 [email protected]. 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 [email protected] 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 267 Information Overload Opening: It’s time today to catch up on the news and some of your questions. Breaking news isn’t exactly an every day experience in real estate, but that can be a good thing. I’ve got some updates today on foreclosure rates around the country, a pretty good article on why we aren’t seeing many foreclosures, where to expect a bump in foreclosures over the next six months, plus answers to many of your questions all coming up.  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 [email protected]. 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.housingwire.com/articles/49529-realogy-suing-compass-for-unfair-business-practices-illegal-schemes Note the click bait headlines at the bottom of the page. Which ones did I click on? https://www.housingwire.com/articles/49525-new-bill-slashes-fha-mortgage-insurance-for-first-time-homebuyers It’s a .25% discount. NOT A 25% discount. The idea is sound but the incentive is too small to make a difference? https://www.housingwire.com/articles/49528-fed-chairman-powell-tells-congress-he-would-ignore-trump-if-fired He’s appointed to a four-year term. Most fed chairs do things the President doesn’t like. Their job is to rein in inflation. The Pres wants the economy roaring.  The foreclosure and default rate are at the lowest rate in 20 years. https://www.corelogic.com/blog/2019/07/how-low-can-it-go-overall-delinquency-rate-lowest-in-more-than-20-years.aspx Why is the foreclosure rate so low? https://www.corelogic.com/blog/2019/07/expiration-of-the-cfpbs-qualified-mortgage-gse-patch-part-1.aspx It’s disaster time  - man-made and natural. Wild Fires and hurricanes. https://www.corelogic.com/blog/2019/07/wildfires-and-housing-markets.aspx https://realestate.usnews.com/real-estate/articles/5-house-flipping-mistakes-to-avoid https://www.cnbc.com/2019/07/11/feds-powell-trump-tariffs-immigration-policies-hit-us-homebuilders.html Your Questions: Send emails to [email protected] Follow up from James in Rochester - he bought two of my houses. If you are interested, email [email protected].  MerryLynn, Milwaukee, WI “I am thinking of buying a condo to use for AirBnB. But the building a block away just banned owners from using AirBnB. Can they do that? And what would I do if they banned it in my building?” Samuel, Long Beach, CA “My flip is in a real hipster area. Should I do the wild colors I’m seeing up and down the street or be more neutral? I’m not sure how to go in-between.” Elizabeth, Denver CO, “Can you flip apartments?” Milo, Columbus, OH, “Someone told me the Columbus market is hot. So tell me why my flip property isn’t selling? It’s the only rehabbed house in the neighborhood so it’s price well above the other houses, but it should sell anyway right?” 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 262 Know your Why Nots! A lot ot talk, several books, and valuable minutes of nearly every self-help seminar conducted in the past 10 years have been devoted to the topic of “Knowing Your Why.” It’s a trend for a good reason. It’s important to know your Why and it’s important to get beyond trivial things like “money” and “the stuff you buy with money.” I value and salute the idea of “knowing your Why.” But today I’m going to balance that with not a competing, but complementary idea. “Know Your Why Not.”  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 [email protected]. 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.attomdata.com/news/market-trends/figuresfriday/how-much-do-you-need-to-earn-to-buy-a-home-near-you/ https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2019-u-s-home-affordability-report/ https://www.attomdata.com/news/market-trends/may-2019-u-s-foreclosure-market-report/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-markets-where-home-flippers-are-flipping/ Topic: Know Your “Why Not” A lot ot talk, several books, and valuable minutes of nearly every self-help seminar conducted in the past 10 years have been devoted to the topic of “Knowing Your Why.” It’s a trend for a good reason. It’s important to know your Why and it’s important to get beyond trivial things like “money” and “the stuff you buy with money.” I value and salute the idea of “knowing your Why.” But today I’m going to balance that with not a competing, but complementary idea. “Know Your Why Not.”    I mean Why Not in a couple of different ways. In the first section I’m going to talk about “Why Not” in terms of reasons why you should NOT pursue something. Then in Part Two I’ll talk about “Why Not” in the sense of, well, why not? Why not go ahead with whatever…? These principles can apply to your ideas, your life choices, your career, your education, even your life partner. Bookmark this so you can come back to it when you face a significant decision.    Why Not Part One: It doesn’t fit YOU. Requires something from you that you don’t have Personality type Maneuverability (think on your feet, adjust course as you go) Detail orientation Relational skills Skill set Ideation Follow-through Requires something you don’t do well Sedentary vs Active Travel vs Stay home Early vs late hours  Tied to a location vs Free to roam Requires a life-style you don’t want It’s too new (ideas you had in the past 24 hours) Risks - How can this come back to kick me in the fanny? How realistic the Opportunity is. “If I could just get 1 million people to give me a dollar…” Implementation You don’t fully understand it. Fear of loss?  Limited time opportunity? Short-cut? Greed? Vanity? Would your reason for doing this be consistent with your purpose in life? Your motivation is suspect   Why Not, Part Two What do you have to lose? No really, think about what you can lose here. Time Money Relationship(s) Reputation More than Pros and Cons, weight the items by their importance and look at the score.  Is this something you can “dip a toe in” to test? Ease in gradually before going all in? With projects, it’s usually pass or fail, but you don’t know what you don’t know and you don’t know what you might learn that could lead you to the next thing. With people there are multiple variables. You don’t know who you don’t know or who you might meet and how that might take you to the next person. Are there multiple unknown outcomes? Could there be several possible results? What happens if I take this to an extreme (unrealistic and sometimes illogical, but sometimes helpful). Does this put me in a position to make a positive move or draw closer to one of my ultimate goals? If I go for it, how long before I can back away if not working? What’s my commitment? Your Questions: Send emails to [email protected] 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.  Is this going into the August foreclosure sale? If so you have time, but you need to move quickly.  Great Questions: 1. 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.  2. 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.  3. 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).  4. He will not be able to re-finance the loan once he has turned it over to you.  5. Once the property is in your name you may be able to re-finance into your name, depending on your credit and other qualifications.  6. Take possession in your company name.  7. 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. 8. 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.  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “One Half of knowing what you want is knowing what you must give up before you get it.” - Sidney Howard    

FAR 265 Opening: Show me the MONEY! Of course this is one of the more famous movie lines ever from Jerry Macguire. I know many people get involved in real estate after listening to late night infomercials about “no money down” investing and how you can buy real estate with no credit, none of your own money and so on. These deals do exist but you might have to stumble over 100 good deals to find one. Those 100 deals require some money. And that money can ONLY come from one of two sources: YOU or SOMEONE ELSE. Most of us, when we get started are using money from someone else. It can be a friend, family member, or a lender, but most of us just do not have cash lying around to buy a property.  So how do you find the money and what is the best money to find? Our guest today is Susan Lassiter-Lyons and she is the author of the best-selling book “Getting the Money”. She’s coming along in a few minutes to lay some insight on us.  Plus we’ve got the news. Attom Data has released the first quarter home flipping report and I’ll be dissecting it for you later. And housing affordability is still in the news - the federal government has taken notice and is taking action. Flipping America is in the news also - more in a minute... 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 [email protected]. 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.  Real Estate News- Flipping America Meetup hits a milestone - Official membership crossed the 7000 threshold last month and now stands at 7068. Our groups have hosted 1095 events since we started. We are now doing at least two events every week and one of them could soon be in your town. Contact [email protected] if you are interested in seeing us in your town.  https://www.housingwire.com/articles/49485-most-homebuyers-would-sacrifice-a-big-yard-for-a-shorter-commute-realtorcom-says Top Ten worst commutes:  American Avg. 26.9 min 10. Philadelphia - 32 10. Seattle - 32 8. Los Angeles -33 8. Miami - 33 6. Atlanta - 35 6. Chicago - 35 4. San Francisco - 36 2. Boston - 40 2. New York - 40 1. Washington DC - 41 https://www.housingwire.com/articles/49458-harvard-theres-a-housing-shortage-and-its-eroding-affordability Harvard Study creates basic profile of new Homebuyer: Age: under 35 Ethnicity: white Marital status: married Children: yes Type of property selected: detached, single-family home Square-footage of property selected: less than 1,500 Average home price: less than $200,000 https://www.housingwire.com/blogs/7-pulse/post/49493-pulse-affordable-housing-issues-are-stymying-the-mortgage-market-but-change-is-on-the-wayb  https://www.attomdata.com/news/market-trends/flipping/q1-2019-home-flipping-report/ 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: Susan Lassiter-Lyons, author, “Getting The Money” https://www.amazon.com/Getting-Money-Simple-System-Private-ebook/dp/B00SLKXZNU/ref=sr_1_2?crid=2E0Q1CXIVSCDU&keywords=getting+the+money+by+susan+lassiter-lyons&qid=1562337505&s=gateway&sprefix=getting+the+money%2Caps%2C119&sr=8-2 Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I’m always doing that which I cannot do in order that I may learn how to do it.” - Pablo Picasso   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, private money

Today we are talking Pittsburgh Pennsylvania in our Market Focus. Coming up we are going to zero in on the Pittsburgh market and I talk to four of the movers and shakers getting it done in Steel City USA. The economy is roaring, the real estate market is hot, home prices are up and continue to increase, everything is looking rosy in Pittsburg. If you have the Flipping America app, you’ll have access to all of our research, but rather than hear me read you the research, let’s talk to the actual people. Alex Deacon, Josh Caldwell, Cindy Rack, and Ryan Scialaba are joining us now. 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 [email protected]. 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.   Topic: PIttsburgh, PA Pittsburgh https://en.wikipedia.org/wiki/Pittsburgh   Market Summary: There are currently 1,451 properties in Pittsburgh, PA that are in some stage of foreclosure (default, auction or bank owned).   In April, the number of properties that received a foreclosure filing in Pittsburgh, PA was 14% lower than the previous month and 2% higher than the same time last year.    Home sales for March 2019 were up 0% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $0. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.   Population 308,003 Cost of Living Index 96.04 Crime Index 212.51 (C-) Schools 144 (C+) Household Median Income $36,019 Unemployment 4.90% Percentage of vacant homes 16.04% Foreclosures 1,451 Homes for sale 1,007 Foreclosure Rates for Pittsburgh: 1 in every 1864 Top 5 zips:  15235 - 1 in every 591 Highest rate 15204 - 1 in every 668 15223 - 1 in every 829  15210 - 1 in every 931 15218 - 1 in every 1253 Lowest rate Demographics: http://worldpopulationreview.com/us-cities/pittsburgh-population/ US Demographics: https://en.wikipedia.org/wiki/Demography_of_the_United_States   Real Estate Market Trends - Pittsburgh: http://www.noradarealestate.com/blog/pittsburgh-real-estate-market/ https://www.trulia.com/real_estate/Pittsburgh-Pennsylvania/market-trends/   USA Real Estate Market Trends https://www.globalpropertyguide.com/North-America/United-States/Price-History   The nation’s hottest housing markets https://themortgagereports.com/50802/the-nations-hottest-housing-markets-is-your-city-one-of-them   Real Estate News- Local News (Atlanta) Atlanta Fed President Bostic does not see a rate cut this year like the market is telegraphing https://www.cnbc.com/2019/05/20/atlanta-fed-president-bostic-does-not-see-a-rate-cut-this-year-like-the-market-is-telegraphing.html   Fed speakers could steal focus from trade war in week ahead https://www.cnbc.com/2019/05/17/fed-speakers-could-steal-focus-from-trade-war-in-week-ahead.html   JP Morgan slashes second-quarter GDP forecast to just 1% https://www.cnbc.com/2019/05/24/jp-morgan-slashes-second-quarter-gdp-forecast-to-just-1percent.html   Stocks close lower as tech takes brunt of trade tensions https://www.marketwatch.com/story/stocks-poised-to-start-the-week-lower-as-trade-tensions-persist-2019-05-20   National News Tech Hubs giving cities a Real Estate Boost https://www.mansionglobal.com/articles/tech-hubs-giving-cities-a-real-estate-boost-203366   Melinda Gates is funding this Wall Street rebel who is teaching women to invest and stick it to the banks https://www.cnbc.com/2019/05/23/melinda-gates-is-funding-this-wall-street-rebel-helping-women-invest.html   Home prices hit a record, as higher-end listings dominate this spring’s market https://www.cnbc.com/2019/04/04/home-prices-hit-a-new-record.html   8 affordable U.S. cities for the middle class to buy a home https://www.cnbc.com/2019/05/09/affordable-us-cities-for-the-middle-class-to-buy-a-home.html   US housing starts rose more than expected in April https://www.cnbc.com/2019/05/16/housing-starts-april-2019.html   A $1,000 Monthly Mortgage Is Real—in These 10 Bargain Cities https://www.realtor.com/news/trends/1000-a-month-mortgage-in-these-10-bargain-cities/   The Amazon Effect: Prices Up, Listings Down Near Its New HQ2 in Virginia https://www.realtor.com/news/trends/the-amazon-effect-prices-up-listings-down-near-its-new-hq2-in-virginia/   Real estate: 3 challenges facing first-time homebuyers this spring https://www.usatoday.com/story/money/2019/05/02/real-estate-market-how-buy-home-spring/3563380002/   ATTOM Data Solutions recently released its Q1 2019 Home Sales Report, which broke down various datasets on how the housing market is fairing.  https://www.attomdata.com/news/most-recent/where-my-first-time-buyers-at/   House passes bipartisan bill that will make saving for retirement easier https://www.housingwire.com/articles/49130-house-passes-bipartisan-bill-that-will-make-saving-for-retirement-easier International News Why the worst may be yet to come for stocks as trade war tensions persist https://www.cnbc.com/2019/05/27/trade-war-talks-could-fail-and-surprise-wall-street-bny-mellon-warns.html   The China trade war is leading to lower mortgage rates for American homebuyers https://www.cnbc.com/2019/05/23/china-trade-war-leads-to-lower-mortgage-rates-for-americans.html   Wall Street is becoming convinced the trade war is here to stay and will only get worse https://www.cnbc.com/2019/05/23/wall-street-is-becoming-convinced-the-trade-war-is-here-to-stay-and-will-only-get-worse.html   Celebrity surgeon went ‘all in’ on $180 million Bel Air mansion, then came the high-end housing glut https://www.cnbc.com/2019/05/22/celebrity-surgeon-goes-all-in-on-180-million-bel-air-mansion.html   Above and beyond: how 3 real estate leaders earned a referral https://www.inman.com/2019/05/27/above-and-beyond-how-3-real-estate-leaders-earned-a-referral/   Is Intercontinental International Real Estate Investment Company (ATH:INTERCO) Potentially Underrated? https://finance.yahoo.com/news/intercontinental-international-real-estate-investment-101702619.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “The Pessimist Sees Difficulty In Every Opportunity. The Optimist Sees Opportunity In Every Difficulty.” – Winston Churchill    

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&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 [email protected]. 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 [email protected] 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”

Today we are going to talk about failure. Most of us have been there - especially if you have ever launched your own business. According to Forbes 80% of all new businesses fail within 18 months. This is a bit concerning but it’s not all bad. Some of the greatest businesses and business success stories were built on the ashes of a previous failure. I know there are some of you listening right now who are struggling with feelings of failure. You’ve been working at this, or whatever, for awhile now and you’re not one of those “success stories” you read and hear about. You go online and see the carefully curated presentations of the successes of others and wonder why it isn’t happening to you. The urge is to just give in to self doubt, conclude that you’re not cut out for this, owning a business, entrepreneurship, and financial freedom just isn’t a part of your destiny. Listen - everyone has been there. Think about the successful people you admire (and perhaps secretly envy). They may ooze confidence and seem to have the perfect life. But I promise you they have dealt with every point I’m going to bring up today and the success they now enjoy came through soul-searching, struggle, some degree of self-doubt, stress, and persistence. It did NOT come to them because of a government program, loan, bailout, or training program. Success arises from within - both the knowledge needed for success and the inner drive that motivates effort. I see new faces in my meetings every week and I’m always glad to welcome everyone to the party. But I usually know within a few moments of conversation whether someone is going to make it in the real estate business. Why? Because I’ve been observing, noting, learning, correlating certain attitudes and behaviors with success for years now. In a few moments I’m going to break down the top twenty reasons for my own failures and the failures of those I observe. Topic: Why We Fail First let’s do some sorting. Testing various solutions to find what works doesn’t equal failure. That’s just a way of finding what doesn’t work on the way to finding what DOES work. Failing at one task or skill set doesn’t make you a failure. No one can do everything and everyone is a unique combination of strengths and weaknesses. A business failure does not make you a failure. It happens to the best and brightest. A relationship failure does not make you a failure. A combination of life failures - mistakes - errors - even willful wrong-doing does not necessarily make you a failure. Pain is not failure. Neither is suffering. Poverty is not failure. And money is not necessarily success. You are failure only when “failure” is your end result. And if you are listening to this today you are not yet at your end. So hang on and see if we can identify with my top 20 reasons we fail.   We don’t start. We think about it, dream about. Perhaps even get a website (or 50) and form an LLC. Read, study, talk, get business cards and imprinted shirts. But never launch. We have a solution without a problem. There’s no market desire for what we are selling. Startup considerations. Making profit Scaling Staffing Financial obligations Taxation Business planning, forecasting We don’t understand business. How to hire, How to supervise, How to manage How to lead We don’t understand THIS business. You don’t know what you don’t know. Wrong Team. We start the business with a friend or a significant other and the relationship is the only criteria. No team. We try to go it alone. The problem is, no one is good at everything. We let our lack of knowledge keep us from taking a chance. We are woefully underfunded. We stop planning - revising, testing, planning more. Time required Difficulties encountered Actual profits vs. projections Unrealistic expectations (check mark projections) Lack of self-knowledge. Especially when it comes to weaknesses / blind spots. “If I build it they will come” mentality. We get out-hustled. We just don’t know what hard work looks like. The hardest thing in your life when you were 5 looks like child’s play to you now. And if you haven’t put in 6 straight weeks of 12 hour days of actual work (not social media surfing in-between meetings), what you call “hard work” is child’s play to someone who is out-hustling you. We peck around the edges. Seminar here, meeting there, talk about the future a lot. Quest for perfection. Get everything set up just right. We ignore the need for marketing. We don’t understand or we ignore our customers. Surprised by and unprepared for challenges. Overconfidence when it starts going well. They give up.     “I have not yet reached all my goals. And by far the most important word in that sentence is ‘yet’”. -Roger Blankenship    

FAR 261 We have that Stats Opening: How good is that professional athlete? Well, let’s take a look at his or her stats. What’s the batting average? What’s the shooting percentage? From 3-point range? Free Throws? What’s the yards per carry average. What’s the yards after contact average? What is the average air-speed velocity of an unladen swallow? Be the first person to write in or call with that movie reference and I’ll send you a Starbucks gift card. What’s your miles per gallon? How long is your average daily commute? On average, how many hours do you spend watching TV every day? Statistics are all around us all the time. Today I’m going to BLOW YOUR MIND with a complete set of real estate statistics. Yes I studied statistics in college AND in graduate school. At the graduate level my statistics course, FED 790, was one of my favorite courses. Not so much because of the content, but because the professor was one of the most delightful persons I have ever met. He managed to make a drudgery topic into a class I looked forward to each week. That’s no small feat, because when you are digging deeply into research summaries looking for statistical significance, errors in math, illogical assumptions, blah blah blah. I won’t make you go through any of that pain today. In fact, you don’t even have to do the research. BUT - if you get a copy of the show notes, you will have clickable links for every stat I’m about to throw at you.   First let’s do the news! News: https://www.foxnews.com/real-estate/chip-joanna-gaines-invest-10-4-million-waco-magnolia-market-expansion https://therealdeal.com/national/2019/06/23/canadas-favorite-alternative-investment-real-estate/ https://www.nydailynews.com/news/politics/ny-rikers-island-closure-real-estate-development-de-blasio-20190621-6uhjrlb2wjamvgui7moxfva6fq-story.html https://learn.g2.com/real-estate-blogs https://weartv.com/news/nation-world/florida-family-loses-77000-in-real-estate-scam https://globalnews.ca/news/5403597/wait-theres-more-money-laundering-bc/ https://realtybiznews.com/ben-carson-targets-single-family-zoning-laws/98754712/ 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 [email protected]. 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 an 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.     Topic: Real Estate Statistics! Between all of the different real estate terms, types of real estate, and people that make up each sector, the industry is pretty complicated. To keep things as simple as possible, we’ve divided up the following stats into relevant sections. Residential real estate statistics Residential is what most people think of when they hear the term real estate. It refers to the types of properties that people live on – those that are not intended to be used for anything business-related. This includes single and multi-family homes, as well as condos and townhouses. As of April 2019, there have been roughly 673,000 houses sold in the US this year, which is 12.4 percent more than last year (U.S. Census Bureau, 2019). 5.34 million existing homes were sold in 2018 (down from 5.51 million in 2017). (NAR, 2018) The Midwest has the highest rates of homeownership in the nation at 68.2%, followed by the South at 66.2 percent (U.S. Census Bureau, 2019). 64.8% of U.S. citizens were homeowners in the fourth quarter of 2018 (up from 64.2% in 2017). (United States Census Bureau, 2019) 35.4%of homeowners are under 35 years of age. The age bracket with the highest rate of home ownership (78.5%) is 65 years and over (U.S. Census Bureau, 2019). Madison, WI and Grand Rapids, MI are the two most popular cities for millennial movers (National Association of Realtors, 2019). Based on buyer activity and active inventory, the hottest real estate markets in the country are in Boston, MA and Lafayette, IN (Realtor.com, 2019). Nationwide, the average sale price of a luxury home fell 1.6% in 2019 (Redfin, 2019). Across the US, the median price of a home is $267,300 (National Association of Realtors, 2019). Fishers, IN and Carmel, IN top the list of best cities for families (Apartment List, 2019). 36% of homeowners listed unexpected maintenance or repairs as their biggest regret (Zillow, 2019). The least competitive housing markets in the country are Miami, Dallas, and Houston (Redfin, 2019). The real estate industry will account for 22% of total commercial drone use by 2020 (Federal Aviation Administration, 2016). Homebuyer statistics Buying a home is no small feat. Below, you’ll find a few statistics specific to homebuyers. The average homebuyer took 73 days to close on a property after the first initial visit to the home (Redfin, 2019). 50%of buyers found their homes through the internet, while 28 percent found them through their real estate agent (National Association of Realtors, 2018). On average, buyers are spending 3 fewer days searching for homes in 2019 than the previous year (Redfin, 2019). Virtual house tours are most important to buyers that fall within the 53-71 age range (National Association of Realtors, 2018). Finding the right home tops the list for most difficult steps in the home buying process (National Association of Realtors, 2017). 33% of home buyers in 2018 were first-time home buyers. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 10 weeks was the average amount of time buyers spent searching for a home in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 14% of buyers purchased brand new homes, while 86% of buyers purchased previously lived-in homes. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Selling statistics Selling a home can be just as big of a hurdle as buying one. From getting a property listed to setting up the open house, finding qualified buyers is a feat in and of itself. Thursday is the best day to list a home. Properties listed on Thursday sell for $3,015 more than on Mondays, which are the worst days to list a home (Redfin, 2019). On average, 98% of final sale prices matched the original asking price of a property in 2019 (Redfin, 2019). This year, the median number of days that a property was on the market before an offer was accepted is 40 (Redfin, 2019). 73%of sellers are more likely to list their home with an agent who leverages video to market their property (National Association of Realtors, 2018). Staged homes sell 25% faster than non-staged homes (Coldwell Banker, 2019). Rental statistics Not everyone can afford to buy a home – that’s where renting comes in. Many residential properties are offered as rental units to tenants for non-commercial purposes. Globally, the most expensive place to rent is San Francisco where the rent averages out at $3,690 (Zumper, 2019). In 2019, Henderson, NV and Phoenix, AZ saw the fastest rent growth in the country with an increase of 4.5 and 4.1 percent, respectively (Apartment List, 2019). Across the US, the cost of renting has gone up 66 percent (Realtor.com, 2019). Troy, MI is ranked as the most affordable renting city for families (Apartment List, 2019). Only 8 percent of homeowners regret purchasing a home instead of renting (Zillow, 2019). Real estate demographic statistics It may seem like millennials are abandoning home buying in favor of renting, but these stats prove that that may not be the case. 86% of younger millennials (aged 21–28) and 52% of older millennials (aged 29–38) were first-time home buyers. Meanwhile, Generation X (people between the ages of 39–53) consisted of 24% of 2018 home buyers. 18% of younger baby boomers (people between the ages of 54–63) and 14% of older baby boomers (people between the ages of 64–72) were home buyers in 2018. 7% of home buyers belonged in the silent generation (people between the ages of 73–93), the smallest segment of home buyers in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 2020 is expected to be the peak year for millennial home buying. (Realtor.com National Housing Forecast, 2019) Millennials will account for 45% of mortgages in 2019. (Realtor.com National Housing Forecast, 2019) 25% of Generation X home buyers identified as a race other than white/Caucasian, making them the most racially and ethnically diverse population of home buyers in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 25% of home sellers in 2018 belonged in Generation X, making them the largest segment of sellers. (NAR Home Buyers and Sellers Generational Trends Report, 2019) In 2018, 63% of home buyers were married. Additionally, 18% were single females, 9% were single males, and 8% were unmarried couples. (NAR Home Buyers and Sellers Generational Trends Report, 2019) In 2018, 37% of home buyers had children under the age of 18 living at home. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Real estate financing statistics As student loans continue to ensnare the population into a collective $1.7 trillion debt, real estate financing has been impacted. Notably, home values are increasing while millions of Americans are spending more than 50% of their earnings on their home purchase. As of February 2019, the median home value in the United States is $226,300. (Zillow, 2019) United States home values have gone up 7.2% since 2018. (Zillow, 2019) The median rent price in the United States is $1,650. (Zillow, 2019) 88% of home buyers financed their home purchase. (NAR Home Buyers and Sellers Generational Trends Report, 2019) For 58% of buyers, their down payment came from their savings account. 39% of buyers financed their home using the proceeds gained from the equity of their previous residence. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 13% of all buyers cited that saving for a down payment was the most difficult step in the home buying process. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Around 50% of renters are paying more than 30% of their income on rent. (PWC Emerging Trends in Real Estate, 2019) 12 million Americans spend more than 50% of their earnings on their home purchase. (PWC Emerging Trends in Real Estate, 2019) Real estate marketing statistics Real estate agents understand the benefits of a good marketing plan. The majority of agents are using their budget for marketing efforts in 2019 in the hopes of gaining better leads. On average, 31.5% of brokers and real estate agents plan on spending more than $400 a month on real estate marketing. (Placester Real Estate Marketing Strategy Survey Report, 2018) 46.4% feel their top marketing challenge is generating enough high-quality leads. (Placester Real Estate Marketing Strategy Survey Report, 2018) 16.5% of real estate agents had success with purchased leads. (OutboundEngine Real Estate Marketing Benchmarks Report, 2017) 53.6% think adding more locally focused content to their real estate website will make it more appealing. (Placester Real Estate Marketing Strategy Survey Report, 2018) 84.6% of brokers and real estate agents use Facebook for their social media marketing efforts. (Placester Real Estate Marketing Strategy Survey Report, 2018) 30% of brokers and real estate agents want to learn more about the specific housing interests (e.g., home types) of their audience. (Placester Real Estate Marketing Strategy Survey Report, 2018) 49.5% of brokers and real estate agents want video marketing to be a big part of their marketing strategy. (Placester Real Estate Marketing Strategy Survey Report, 2018) 43.8% of real estate agents would invest in referrals if they had extra budget for marketing. (OutboundEngine Real Estate Marketing Benchmarks Report, 2017) Real estate agent statistics A real estate agent or broker is a professional that is licensed to sell property in their state. The business of buying and selling properties can be incredibly lucrative but doesn’t come without its difficulties. 49% of agents report working 40 or more hours per week, while 22% report working less than 30 hours (Placester, 2019). The largest expense for working real estate agents is transportation at around $1,370 per year (National Association of Realtors, 2019). Agents earned 17%of their business from referrals, and only 13% from returning clients (National Association of Realtors, 2019). 62% of agents spend at least one hour a day on marketing (Placester, 2019). TIP: Getting your titles mixed up? Learn the difference between a real estate broker vs agent. Commercial real estate statistics Commercial real estate refers to non-residential property that serves to generate income. This includes shopping malls, hotels, and office spaces. In 2019, the average commercial real estate sale was $1.2 million (National Association of Realtors, 2019). The total dollar volume of commercial sales in the US has decreased since 2018. In the large market (sales greater than $2.5M), sales decreased by 11%. In the small market (sales less than $2.5M), the decrease was closer to 8 percent (National Association of Realtors, 2019). Toledo, OH and Syracuse, NY have the highest rental vacancy rates in the country at 18.1% and 17.9%, respectively (National Association of Realtors, 2019). Based on annual rent, 5th Avenue in New York City has the most expensive retail rates in the world (Statista, 2019). With an average cost of $255.50 per square foot, Hong Kong is the most expensive city in the world for renting office space (Statista, 2019).   Your Questions: Send emails to [email protected] Nikhil, Atlanta, GA, “Good morning. I was listening to a recorded show of FlippingAmerica. I am new to this business and getting organized before I can actively wholesale or rehab. You mentioned that you have some spreadsheet that you can share that estimates the cost of rehab. Could you please share the details?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “The dog that chases 5 rabbits catches none."-Gordon Catts

FAR 260 The University of Wealth Building Opening: Money isn’t everything. Real Estate isn’t the only thing you need to know about money. As I discussed on the last two shows, true life success is so much more than money. It’s not enough to just create a profitable business. It’s also how you live the rest of your life, connect your work with the people you love, the causes you support, and the life you want to live. Today I have a very special guest joining us. Ramon Tookes has been on the show before, but in the past few months he has launched something I believe is very important: the University of Wealth Building. This is an educational and mentoring program that I believe can have a profound impact in many lives. It’s in part because of the topics covered, but primarily due to the founder himself, Ramon Tookes. He is a man of great knowledge, practical wisdom some would call street smarts, business experience and life perspective. He brings all of that together in a beautiful mentoring program that is already making a difference. We will welcome him to the show in just a few minutes. 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 [email protected]. 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 an 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: Ramon Tookes Your Questions: Send emails to [email protected] Multiple people: “How do you get it all done?” Great Team - not employees. VAs, Partners, GMS Planner - clear direction for each week. Technology and organizational tools. Enjoy what I do. Exercise and get plenty of rest. Terrence, Gadsden, AL, “When you buy properties far away from you, how do you get around to them to assess the repairs and then how do you get them done?” Alfred, Atlanta, GA, “Do you have a mentoring program?” Charles, Boulder, CO “I enjoy my job and listen to your show sometimes as a curiosity. I’m not interested in being in the business, but I’d like more information about investing in it, particularly if you have an opportunity. What do you have going on in that area?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I have not yet reached all my goals. And by far the most important word in that sentence is ‘yet’”. -Roger Blankenship    

FAR 256 Opening: Today we are talking about Opportunity Zones. You may have heard about them. You might have even heard they are the next BIG thing in real estate investing. They represent a tax break for real estate investors as an incentive to bring economic development to underserved areas. I had a chance to speak with Jillian Sidoti and Nancy Tegeder of the law firm of Trowbridge and Sidoti out of southern California. 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 [email protected]. 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: Opportunity Zones Ram Realty CEO isn’t buying into Opportunity zones, says “Anyone who has [Opportunity Zone properties] for development thinks they’re sitting on gold, but if you are trying to underwrite and make sense of the project with today’s rents and costs, it’s very challenging for these areas” https://therealdeal.com/miami/2019/05/10/ram-realty-ceo-isnt-buying-into-opportunity-zones/   Fund sponsors and their investors began buying assets in Opportunity Zones en masse this past month, their enthusiasm triggered by the U.S. Treasury's mid-April release of a second tranche of proposed regulations for the tax-sheltering vehicles. https://financialadvisoriq.com/c/2285063/278413   U.S. Opportunity zones are incredible tax savings zone for Entrepreneurs. https://www.forbes.com/sites/theyec/2019/03/25/u-s-opportunity-zones-incredible-tax-savings-for-entrepreneurs/#42d78b9f5e6a   The U.S. Department of the Treasury and the Internal Revenue Service (IRS) designated Opportunity Zones in 18 States. https://home.treasury.gov/news/press-releases/sm0341   Top 10 opportunity zones in the US https://fundrise.com/education/blog-posts/the-top-10-opportunity-zones-in-the-united-states   Facts about Opportunity zones https://taxfoundation.org/opportunity-zones-what-we-know-and-what-we-dont/   The Opportunity zone program in New York State https://esd.ny.gov/opportunity-zones   Trump’s Opportunity zone rules deliver on investors’ wish list https://www.bloomberg.com/news/articles/2019-04-17/opportunity-zone-rules-aim-to-draw-capital-to-distressed-areas   Treasury issues second set of highly anticipated opportunity zones guidance https://home.treasury.gov/news/press-releases/sm660   In a former warehouse on a dimly lit street in the South Bronx, developers sipping Puerto Rican moonshine listened as a local official urged them to capture a new U.S. tax break by rebuilding the decaying neighborhood. https://www.investmentnews.com/article/20190115/FREE/190119959/fervor-over-opportunity-zones-heats-up   The U.S. Department of the Treasury and Internal Revenue Service (IRS) approved Michigan’s application for Opportunity Zones -- areas eligible for tax benefits aimed at spurring private investment, economic growth and jobs in the state’s distressed communities. https://www.michigan.gov/mshda/0,4641,7-141-7559_9637-465897--,00.html   Ben Carson explains benefits of investing in 'Opportunity Zones' for areas facing economic challenges https://www.foxnews.com/politics/ben-carson-opportunity-zones-low-income-americans c EXTRAS Opportunity zones resource center https://www.novoco.com/resource-centers/opportunity-zones-resource-center   Opportunity zones map tool https://www.enterprisecommunity.org/resources/opportunity-zone-eligibility-map-tool The Real Estate Opportunity Zone Meeting https://www.rclco.com/event/the-real-estate-opportunity-zone-meeting/ Speaker: Eric Willett Email: [email protected] Phone: 310-752-9032   Special Guest: Your Questions: Send emails to [email protected] Carlton, Chicago, IL “I’m getting back into investing and thinking about Atlanta. What are the opportunities I should be considering there?” Tracy, Senoia, GA “I’m interested in reserving my ZIP code on the FAN. Is it $100 for every ZIP code?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “There is no amount of money that makes time irrelevant.” -Mark Dolfini

A few days ago we got a question from Lamar asking, “What questions should new investors be asking?” We liked the question so much we decided to make an entire episode out of it. We conducted a survey online and got some interesting responses which I will share plus I will weigh in. Here’s why this is important. If you are new, you need to make sure that your first project has the best chance of succeeding. In order to do that, you must engage in risk mitigation. And how do you do that? Ask questions. Ask a lot of them. Don’t be afraid to be new. Everyone was at some point. The question may be obvious, even to you, but ask it if you don’t know or are unsure. Today I’m going to focus on questions that may not be so obvious to you, the newbie, that we all wish we WOULD have asked if we had known. Plus we have news about the world of real estate coming up in just a few minutes. 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 [email protected]. 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.   Real Estate News- Local News The biggest mall owner in the US ‘can’t guarantee’ there won’t be more retail wreckage this year https://www.cnbc.com/2019/04/30/us-mall-owner-simon-property-group-reports-first-quarter-2019-earnings.html One of the most valuable malls in America is getting a makeover https://www.cnbc.com/2019/04/30/westfields-garden-state-plaza-mall-is-getting-a-makeover.html Rising rents for Millennials give rise to a new breed of lender https://www.realtor.com/news/real-estate-news/rising-rents-for-millennials-give-rise-to-a-new-breed-of-lender/ CIM Group has announced that its $5 billion development of apartments, offices, hotels and retail at The Gulch will be called Centennial Yards. https://atlantaintownpaper.com/2019/05/real-estate-briefs-gulch-project-named-centennial-yards/ National News Do you consider your home a great investment? https://www.cnbc.com/2019/05/22/do-you-consider-your-home-a-great-investment-think-again.html 26 year old millionaire investor talks about the mistakes he made while buying homes https://www.cnbc.com/2019/05/23/self-made-millionaire-investor-dont-make-the-huge-homebuying-mistake-i-made.html Home sales fell in April despite a big drop in mortgage rates https://www.cnbc.com/2019/05/21/home-sales-fell-in-april-despite-a-big-drop-in-mortgage-rates.html The most splendid housing bubbles in America https://seekingalpha.com/article/4258900-splendid-housing-bubbles-america-april-update International News Real Estate firm names the top cities for risk-seeking investors https://www.cnbc.com/2019/05/01/real-estate-firms-names-the-top-cities-for-risk-seeking-investors.html China-owned tower in New York City reportedly wouldn’t let Amnesty International move in https://www.cnbc.com/2019/05/14/china-owned-nyc-tower-reportedly-blocked-amnesty-international-lease.html Venture Capital flows between China and the US surpass direct investment for the first time https://www.cnbc.com/2019/05/08/venture-capital-flows-between-us-china-surpass-direct-investment.html The Questions new investors ought to be asking: From our friends: Bryan “How do I determine the finished value of my flip home before I begin repairs? Cindy “Could my resources (time, money, skills, etc) produce a better outcome sooner if used elsewhere?” Stewart “How do you quickly determine the cost of repairs to determine if it's a good deal or not? (I'm assuming there's other interest and there's little/no time for due diligence)” Tom: “Why am I doing this? The answer has to be more than ‘make money.’” Victoria: “Do the numbers really work or am I working the numbers?” Jeff: “Am I prepared to lose the money I am investing? Never invest money you can't afford to lose.” Damion: “How do you pull comps if you’re not a realtor?” Pat: “Is there an app that includes both repairs AND comps?” :) From Roger: What type of investment is this? (one time income, cash-flow, appreciation, speculation?) When should I expect to see returns? How liquid is my cash? How could this deal bite me in the fanny? In other words, What are the risks and how are they mitigated? What happens if things get sideways? What are the numbers I need to know and how can I know them? What’s Plan B? Pricing alternative Alternative funding source? Alternative exit strategy? Backup Contractor? What is the pricing trend (rents or sales, depending on your exit plan)? For flips, what is the average DoM for this price range in this area? For rentals, what is the long-term outlook for this neighborhood? Which way is it heading? (the best hoods are those that are immune to value swings) For rentals, how are the schools? For AirBnB, are there any rumblings in local government that threaten this business model? If investing cash in someone else’s deal What is that person’s experience? What is that person’s reputation? Do we have values alignment? Questions Sandra, Kansas City, MO, “How do you get in and see all the properties around the country you and your investors are buying?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “It does not matter how slowly you go as long as you do not stop.” - Confucius

Jeff is a recovering attorney who spends his time as a real estate investor. Jeff graduated early and with honors from Michigan State College of Law where he was the graduating class speaker. He also holds an M.B.A. At 30 years old, Jeff checked the last item off his personal bucket list by climbing Machu Picchu. He was on top of the world. As he stood looking down at the lost Incan city, he had been living the life of his dreams. He was well travelled, having previously visited the Pyramids in Egypt, climbed to the top of Mt Sinai, swam with sharks in Belize, and backpacked alone around Europe. He was married to the girl of his dreams. He had a beautiful house in the suburbs and a thriving law practice. Two weeks later, he was in the hospital dying. His business was in disarray, his wife was barely holding it together and he was on his way to bankruptcy. Today, at 41 years old, just over a decade later, Jeff is back on top. He is a millionaire, with over 140 residential units in his personal portfolio. He also owns multiple commercial properties. He is still married and continues to travel extensively. He is also co-host of the Old Fashioned Real Estate Show where the hosts drink bourbon old fashioneds and talk about real estate. You can follow him on YouTube and Facebook at Old Fashioned Real Estate or at www.oldfashionedrealestate.com 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 [email protected]. 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: Aby Rosen, the real-estate mogul eyeing French eatery for his luxury skyscraper https://nypost.com/2019/05/19/real-estate-mogul-eyeing-french-eatery-for-his-luxury-skyscraper/ IRE Real Assets reported that many leading institutional investors are nearing their portfolio-allocation targets for real estate assets https://therealdeal.com/national/2019/05/19/waning-appetite-worlds-largest-institutional-investors-may-slow-their-real-estate-acquisitions/ 17 Real estate agents reveal the worst parts of their jobs, from the lack of steady income to being on call 24/7 https://www.businessinsider.in/17-real-estate-agents-reveal-the-worst-parts-of-their-jobs-from-the-lack-of-steady-income-to-being-on-call-24/7/articleshow/69388468.cms Austin tops another list as a hot market for first-time home buyers. https://spectrumlocalnews.com/tx/austin/news/2019/05/19/newcomer-s-news--real-estate--new-to-austin-notes Chamber welcomes Berkshire Hathaway Real Estate https://patch.com/massachusetts/reading/chamber-welcomes-berkshire-hathaway-real-estate Real estate brokers can help coordinate closing date with moving date https://www.greensboro.com/life/house-calls-real-estate-brokers-can-help-coordinate-closing-date/article_dd9edc63-f5b6-5cc6-9355-7a926ac76522.html Real estate investors bet on tech hubs to withstand economic downturns https://www.geekwire.com/2019/real-estate-investors-bet-tech-hubs-withstand-economic-downturns-study-finds/ Real estate market in Hamptons is ‘in a rut’ due to new tax law https://www.foxbusiness.com/features/real-estate-market-in-hamptons-is-in-a-rut-due-to-new-tax-law-report-says Real estate sales in Rockingham County saw their highest gains this year during April, a 7.7% increase in single-family home volume and a 4.5% increase in residential condominiums. https://www.fosters.com/homes/20190519/seacoast-sees-april-real-estate-blossom Senate Bill 669, AN ACT RELATING TO TAXATION — REAL ESTATE CONVEYANCE TAX, which would authorize the city of Newport to impose an additional two percent (2%) real estate transfer tax, has been scheduled for a hearing and/or consideration on Tuesday, May 21st. http://whatsupnewp.com/2019/05/bill-that-would-impose-an-additional-two-percent-real-estate-transfer-tax-in-newport-scheduled-for-senate-hearing/ The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) joins the real estate industry in celebrating the May 17 historic passing of the Equality Act in the House of Representatives. https://rismedia.com/2019/05/19/naglrep-salutes-real-estate-industry-efforts-equality-act-passes-house/ For the first time in a long time, Denver’s bustling real estate market has slowed. The top line: The steep rise in prices is slowing and there are more houses on the market. https://www.cpr.org/news/story/good-news-anxious-home-buyers-denver-real-estate-has-cooled-a-bit Diane Oberhelman inducted into Commercial Real Estate Hall of Fame https://www.eastpeoriatimescourier.com/news/20190518/diane-oberhelman-inducted-into-commercial-real-estate-hall-of-fame Builder and real-estate company combine forces to bring new homes to Butte https://mtstandard.com/lifestyles/builder-and-real-estate-company-combine-forces-to-bring-new/article_d523b486-5b0d-5bc0-a814-454ef9b68449.html Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “It does not matter how slowly you go as long as you do not stop.” - Confucius

We are going to try and catch up with your questions today. So we will lead with that. Then we have more news than we have time to get to I’m sure. Redfin is in our news segment today and we are going to take a peek at three markets - Minneapolis, Indianapolis, and Boulder, CO in our questions segment and I got asked a couple of really interesting questions in the past week - one of them has to do with my formulas and the rules for investing I’ve developed from them. I get to all of that in a few minutes. 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 [email protected]. 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/ Aby Rosen, the real-estate mogul eyeing French eatery for his luxury skyscraper https://nypost.com/2019/05/19/real-estate-mogul-eyeing-french-eatery-for-his-luxury-skyscraper/ IRE Real Assets reported that many leading institutional investors are nearing their portfolio-allocation targets for real estate assets https://therealdeal.com/national/2019/05/19/waning-appetite-worlds-largest-institutional-investors-may-slow-their-real-estate-acquisitions/ 17 Real estate agents reveal the worst parts of their jobs, from the lack of steady income to being on call 24/7 https://www.businessinsider.in/17-real-estate-agents-reveal-the-worst-parts-of-their-jobs-from-the-lack-of-steady-income-to-being-on-call-24/7/articleshow/69388468.cms Austin tops another list as a hot market for first-time home buyers. https://spectrumlocalnews.com/tx/austin/news/2019/05/19/newcomer-s-news--real-estate--new-to-austin-notes Chamber welcomes Berkshire Hathaway Real Estate https://patch.com/massachusetts/reading/chamber-welcomes-berkshire-hathaway-real-estate Real estate brokers can help coordinate closing date with moving date https://www.greensboro.com/life/house-calls-real-estate-brokers-can-help-coordinate-closing-date/article_dd9edc63-f5b6-5cc6-9355-7a926ac76522.html Real estate investors bet on tech hubs to withstand economic downturns https://www.geekwire.com/2019/real-estate-investors-bet-tech-hubs-withstand-economic-downturns-study-finds/ Real estate market in Hamptons is ‘in a rut’ due to new tax law https://www.foxbusiness.com/features/real-estate-market-in-hamptons-is-in-a-rut-due-to-new-tax-law-report-says Real estate sales in Rockingham County saw their highest gains this year during April, a 7.7% increase in single-family home volume and a 4.5% increase in residential condominiums. https://www.fosters.com/homes/20190519/seacoast-sees-april-real-estate-blossom Senate Bill 669, AN ACT RELATING TO TAXATION — REAL ESTATE CONVEYANCE TAX, which would authorize the city of Newport to impose an additional two percent (2%) real estate transfer tax, has been scheduled for a hearing and/or consideration on Tuesday, May 21st. http://whatsupnewp.com/2019/05/bill-that-would-impose-an-additional-two-percent-real-estate-transfer-tax-in-newport-scheduled-for-senate-hearing/ The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) joins the real estate industry in celebrating the May 17 historic passing of the Equality Act in the House of Representatives. https://rismedia.com/2019/05/19/naglrep-salutes-real-estate-industry-efforts-equality-act-passes-house/ For the first time in a long time, Denver’s bustling real estate market has slowed. The top line: The steep rise in prices is slowing and there are more houses on the market. https://www.cpr.org/news/story/good-news-anxious-home-buyers-denver-real-estate-has-cooled-a-bit Diane Oberhelman inducted into Commercial Real Estate Hall of Fame https://www.eastpeoriatimescourier.com/news/20190518/diane-oberhelman-inducted-into-commercial-real-estate-hall-of-fame Builder and real-estate company combine forces to bring new homes to Butte https://mtstandard.com/lifestyles/builder-and-real-estate-company-combine-forces-to-bring-new/article_d523b486-5b0d-5bc0-a814-454ef9b68449.html Your Questions: Send emails to [email protected] 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?” Sandy, Jacksonville, “I can’t find a lender who will loan on my first deal. My credit is ok, but I don’t have experience. One lender even told me the deal is fine, but they won’t lend to someone brand new. I’m about to lose my earnest money. What do I do?” Antonio, Boulder, “I’m looking at a house near the university I can pick up for $650,000. It’s a 3/2 1300 sf house. I could put 4 college kids in there for $1000 each. Or I could spend about $80k fixing it up and sell for just under $1mil. What would you recommend?” Lamar, Las Vegas, “I have some questions, but what I’m really wondering are what are the questions I SHOULD be asking?” Nazim, Bloomington, MN, “What should I be looking for in a rental?” Erin, Anderson, IN, “In my area where a decent house can be bought for under 150k, it’s hard to make more than 10-15k on a flip. I hear these stories about people making 80k on a flip and find it hard to believe. But I see their selling prices are higher. Should I be considering doing this somewhere else? Andrea, Atlanta “I’m brand new but really want to do this. What should be my first steps?” Jill, Monroeville, PA “I’m looking at an abandoned house that got partially burned about a year ago. The fire  was just in the kitchen. How should this affect my offer? Do I need a structural engineer or something?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “It does not matter how slowly you go as long as you do not stop.” - Confucius

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 [email protected]. 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 [email protected] 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 & 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 & 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. & my friend got a modified roof installed 4 years ago & his cost was less $7,000 ( I have his receipt).  My friend house was approximately 1400 sq. ft. Thanks again for your interest & 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

FAR 246 Flipping Houses in Ten Days, Ch 3 Expected Air Date: 5/13/19 Opening: We are back to the book today - my upcoming book, “Flipping Houses in Ten Days.” You won’t be flipping a house in just ten days, but it’s ten short chapters. You read one chapter a day for ten days. If you listen to this show regularly you will eventually get the entire book in audio form and here’s a NOT secret for you - if you have the Flipping America app, which is completely free, you will eventually have the entire book. Why am I doing this? It’s all about giving value and providing content. Besides - I’ll need the audio version of the book, so we will have that ready to go in a month or two. Yeah, it’s about efficiency and all that. Today I’m going to read Chapter 3, Analyzing a Deal. You need the skills to analyze any deal or opportunity that comes your way. And as you progress as a business owner you’ll need to translate those analytical skills to different opportunities. We won’t get to that translation step in this chapter but I will tell you every step in analyzing a deal, coming up 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 [email protected]. 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 testing a feature that will let you offer on properties online.  Sellers accept the offer, pay 2% commission. https://www.theverge.com/2019/5/12/18616888/real-estate-redfin-online-house-purchase-buying-zillow-opendoor Changing moral compass? This is just a new name for an old marketing strategy: Customer focus. https://www.propmodo.com/how-real-estate-is-adjusting-to-our-changing-moral-compass/ https://seekingalpha.com/article/4262968-real-estate-outperforms-rent-inflation-heats https://www.housingwire.com/articles/49020-equifax-sets-aside-nearly-700-million-for-expected-data-breach-payouts https://www.housingwire.com/articles/49017-hud-plan-to-end-public-housing-aid-for-undocumented-immigrants-could-lead-to-evictions-of-55000-children Your Questions: Send emails to [email protected] Anthony, Alexandria, VA, “Just came across your show. Really cool. Do you ever buy properties in other cities? I want rentals, but everything is too expensive here. What should I look for?” Dorothy, Villages of Ocala, “I like real estate. I’m a retired realtor. I like the house flipping shows and I listen to your show and enjoy it. I don’t want to do all this, but I’d like some income from it. My retirement account is in the stock market and it’s too stressful for me. I’m thinking about putting some of it into real estate. What could I do with maybe $100,000? 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

Expected Air Date: 5/11/19 Opening: Zillow is changing direction and it could be HUGE. Plus the President has ordered a restructuring of Fannie Mae and Freddie Mac and renewed a huge debate. Do we need them? Can private companies fill the gap? What would mortgage lending look like without them? All that and MUCH more today as we do the news! 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 [email protected]. 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! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. 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: This is going to be huge. Buy 500 per month and provide lending on 3000 of them. https://www.housingwire.com/articles/48908-zillow-going-all-in-on-mortgage-lending Great idea, but it has to get past the House of Representatives, so it won’t. https://www.housingwire.com/articles/48980-republicans-move-to-abolish-cfpb?utm_campaign=Newsletter%20-%20HousingWire%20Breaking%20Alerts&utm_source=hs_email&utm_medium=email&utm_content=72440255&_hsenc=p2ANqtz--jekYL1bC-R3R0g_U350k9-yGQOv3mBcMeZgTG9T0TNOl1cVzQyJ__0U5x9D7wt6u2-jJJZLzTRqk2sofo8VGl7qPLO-uHVexKbSNwqkRswIKzg0s&_hsmi=72440255 Republicans move to abolish the Consumer Financial Protection Bureau. To read the full text of the bill click here: https://www.housingwire.com/ext/resources/files/Editorial/Documents/20190506_Repeal-CFPB-Act-as-Introduced.pdf Who will win the iBuyer race? https://www.attomdata.com/news/market-trends/the-ever-expanding-ibuyer-footprint/ What do you want to buy? Distressed properties. Here’s where you’re most like to find them: https://www.attomdata.com/news/market-trends/top-markets-with-highest-share-of-distressed-sales-in-q1-2019/ We are restructuring Fannie and Freddie. What’s your take? https://www.realtor.com/news/real-estate-news/fannie-and-freddies-uncertain-future-explained/ https://www.realtor.com/news/real-estate-news/fannie-and-freddies-uncertain-future-explained/ What is the best DAY to sell your home? https://www.attomdata.com/news/market-trends/top-10-best-days-of-the-year-to-sell-a-home/ Where are homeowners selling for maximum gain on their purchase price? https://www.attomdata.com/news/market-trends/figuresfriday/top-markets-with-greatest-seller-gains/ https://www.housingwire.com/articles/48925-hot-or-not-may-whats-trending-in-housing-right-now Your Questions: Send emails to [email protected] Tressa, PIttsburg, PA “I have a flip property on the market. We kinda ran out of money and some ot the finishes in the project just don’t look that great. And people are noticing. We are getting lookers but no offers. The feedback is about the finishes. Altogether it would take about $10,000 to make everything beautiful, but I don’t have it. In the meantime, I’m running out of money to make the hard money loan payments. I’ve dropped the price to 580, which would mean I break even. What would you recommend?” Maxie, Port St. Lucie, FL, “I love your Property Grade app. What was the thinking behind it?” Anthony, Alexandria, VA, “Just came across your show. Really cool. Do you ever buy properties in other cities? I want rentals, but everything is too expensive here. What should I look for?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Expected Air Date: 5/9/19 Opening: As many of you know my mother passed away on April 26th. I’ve been off the air since then and I thank you for your patience as we have run some reruns during that time. Today I want to read to you the tribute I wrote for her and sent out to friends across the country last week. My mother passed away Friday afternoon, April 26, 2019. She had been struggling will illness through most of this year. This week I dedicate this space to my mother and her memory. My mother weighed just over 1 pound when she was born. They didn't have access to incubators so they put her into a warm oven at home. She grew up during the Great Depression, and endured many illnesses in her childhood including one that caused her to miss an entire year of school. She spent that time reading and was so ahead of her class she skipped a couple of grades and graduated at 16. After two years at a Teacher's College she headed to her first job, teaching in a two room schoolhouse in Hudson Colorado. She taught the elementary school. She caught the attention of one of the boys in the high school class, Charles. They could not even pretend to be interested in each other until he graduated. Shortly after his graduation they married. Next month would have been their 70th wedding anniversary. My parents crisscrossed the country following various jobs until they settled in Louisville KY where my Dad started his own construction business. They lived in an airstream travel trailer with my two older brothers until I came along and they decided they needed to get something larger. As Dad's business grew my mother was finally able to pursue her lifelong dream of a degree in library science to become a librarian. She taught me to read by the time I was five and faithfully took my younger sister me to the library regularly. We didn't have a lot of money in those days but mom always scrimped and saved so I would be able to buy a book or two with the book fair came to school (anyone else remember those?). She always knew what book or genre I needed to read next. She loved science fiction and instilled that love in me. It was the same for music. Although she had not studied it, she loved music, loved to listen and loved to sing. She was a walking Arts and Crafts movement. She quilted, knitted, cross-stiched, and latch-hook-rugged her way in their retirement motorhome across America numerous times, to Canada, and even to Alaska. When not traveling, my mother would volunteer in the children's program at her church. She never sought the limelight or a leadership role, content to take attendance and listen to the children recite Bible verses. She faithfully did this over a period of 25 years after they retired. In my last conversation with her we talked about many of these things -- things that had a profound impact on my life yet she barely remembers them. (She had completely forgotten about "Georgie Girl" and me teaching myself the Budweiser theme song on the piano.) But her mind was never unclear about her love for her family, the grands, the great-grands, all the cousins, in-laws, and associated friends and significant others. Her faith in God never wavered. Her trust in his love never faltered. I decided to share an excerpt from a letter with you I sent to her on Mother's Day 2017. Dear Mom, ...I am blessed to have led organizations and touched individual lives. Every big thing and every good thing I have done is because of the unique combination in me of Dad’s “big ideas” mentality combined with the insatiable desire you planted in me to learn and grow. As much as there is any story to my life, it is the story of your influence, your loving guidance, your correction, and support. I am so blessed that you are my Mother. I wish for you a very Happy Mother’s Day. We have an interesting show coming your way today with Mike Ventry of Accuplan. Mike is the Director of Business Development and Marketing. He has over 15 years of experience as a Top Producer in the mortgage banking industry, in the Atlanta area. During his 40+ years in the Atlanta area, he has started, built and sold multiple companies to large national corporations. He has an exceptional background in providing superior customer service and communication to his clients. Mike holds an MLO license with the Federal and State Departments of Banking and Finance. In his current role, he assists new clients and investors by providing them with the education and knowledge to be successful in self-directing their retirement accounts. He regularly teaches a 3 Hour CE class on self-directing for realtors. Mike also is a frequent attendee and guest speaker at real estate (and non-real estate) associations and networking groups in the Atlanta and the South East. Mike has been a contributor as an expert resource for Think Realty Magazine along with many other financial and real estate radio shows and podcasts. 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 [email protected]. 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! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. 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.   Guest: Mike Ventry, Accuplan Your Questions: Send emails to [email protected] My name is Carlos from Houston, Texas and I want to get into flipping houses and have some questions as to what I need to be able to get started? 1) Do I need a DBA to start or LLC to protect myself? 2) What type of credit score would I need if any is needed? 3) Do I need a Real Estate License to purchase houses on foreclosure? 4) Could I get directly with a Broker and pay them a percentage to be able to buy houses? Any advise you could give me would be greatly appreciated so I can start my new journey. Tammy from Long Beach, CA “I’ve been offered a small house to own as a rental for $260,000. It’s a steal of a deal - probably worth $300-310,000. It rents for $2200 per momth. My payments including taxes and insurance will be $1723.65. This looks like almost $500 per month in cash flow. My husband listens to your show and based on what he’s heard he doesn’t think this is a good deal. How is this not a good deal?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Chapters 7-8 Expected Air Date: 4/25/19 Opening: Today we are going back to my forthcoming book, Flipping Houses in Ten Days. I call it this not because you can flip a house in ten days (at least not now) but because it’s ten short chapters and you can pretty easily read it in ten days. Last week I read chapter 5 on the show and didn’t quite get finished. I still had a couple of pages to go when we ran out of time. But that is by far the longest chapter in the book. To prove that point today I’m going to read TWO chapters. Chapters 7 and 8. Chapter 7 is “Count Your Chickens” and Chapter 8 is “Check Up From the Neck Up.” They are coming up in a minute. 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 [email protected]. 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! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. 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.   Topic: Flipping Houses in Ten Days, Chapters 7-8 Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Expected Air Date: 4/22/19 Opening: The NAR has been sued again! What’s happening with foreclosure rates? Interest rates? Have you heard of the peer-to-peer lending company Prosper? Well, they are in a bit of trouble. I’ll fill you in today. Also today we will learn the areas with the least affordable homes in America, the highest and lowest taxes. I have an important an AirBnB update including the most profitable areas to own AirBnB properties, and where two major metro areas where short-term rentals have been banned. And today we are going to talk about Hempcrete. Yes friends, one day you might look back and say you heard it here first. Hempcrete may be the building material of the future. All that and much more coming to you today as we bring you the information you need to stay informed, stay ahead, and make money in Real Estate. 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 [email protected]. 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! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. 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.housingwire.com/articles/48832-nar-slapped-with-second-class-action-lawsuit-to-end-buyer-broker-compensation https://www.cnbc.com/2019/04/22/abu-dhabi-real-estate-law-reforms-are-gaming-changing-developer.html https://www.cnbc.com/2019/04/17/retirees-are-flocking-to-these-3-states-and-fleeing-these-3-states.html https://www.cnbc.com/2019/04/21/billionaire-charlie-munger-praises-this-1-skill-of-warren-buffetts-without-it-you-wont-get-very-far-in-life.html https://www.cnbc.com/2019/04/17/mortgage-purchase-applications-hit-highest-level-in-9-years.html https://www.attomdata.com/news/market-trends/attom-data-solutions-q1-2019-u-s-foreclosure-market-report/ https://www.attomdata.com/news/most-recent/top-10-counties-starting-the-foreclosure-process/ https://www.attomdata.com/news/market-trends/top-10-metros-with-the-lowest-property-tax-rates/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-counties-with-the-worst-home-affordability/ https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/ https://www.realtor.com/videos/video-5-cities-where-home-prices-are-still-going-up-strong/a625912d-0e12-42df-9b87-83a17d458ccf Columbia, SC, Greensboro, NC, Spokane, WA, Birmingham, AL and #1 Chico, CA https://www.realtor.com/advice/buy/what-is-a-hempcrete-house-marijuana/ http://www.americanlimetechnology.com/what-is-hempcrete/ https://www.housingwire.com/articles/48837-fintech-lender-prosper-to-pay-3-million-fine-for-misleading-investors https://www.housingwire.com/articles/48840-hud-announces-new-rules-for-down-payment-assistance-on-fha-mortgages Your Questions: Send emails to [email protected] Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Chapter 5 Expected Air Date: 4/20/19 Opening Today I’m going to share with you Chapter 5 in my upcoming book, Flipping in Ten Days. 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 [email protected]. 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! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. 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.   Resources: https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html https://www.housingwire.com/articles/48801-zillow-begins-buying-and-selling-homes-in-dallas Your Questions: Send emails to [email protected] Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Opportunities don't happen. You create them." -- Chris Grosser

FAR 239 Expected Air Date: 4/8/19 Opening Coming up in a few minutes I’m going to have a conversation with a brand new real estate investor Nate and we are going to change things up a bit today. He’s going to interview me. He has my permission to ask me anything. Hopefully he will cover a lot of the things you are interested in, but it’s very possible he will bring up something unexpected. It’s unscripted and he hasn’t provided to me the questions in advance. Should be fun. 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 [email protected]. 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! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. 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.   Resources: https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html Your Questions: Cooper, McDonough, GA “How do you keep finding so many deals to buy? I want to buy in my area - Henry County Georgia and there are lots of houses around here, but I can’t find any deals. I’m a licensed realtor and I spend time looking at the MLS nearly every day.” Juanita, Villages of Ocala, FL, “We own several rental properties back in the Raleigh, Durham area that we’ve had for years before we retired. Now we want to sell them. Do you have some ideas about this? We don’t want the new owner to throw out our long-term tenants or raise their rents.” Alex, Las Vegas, “I tried to buy a flip property here. The numbers looked pretty good according to what I’ve heard you and others say. But I can’t find a hard money lender who will loan the money. I have the $50,000 cash I need to do the deal but they are all telling me I don’t have enough experience. How do I get the experience if no one will make the first loan?” Carly, Lancaster, PA “Two questions about rentals. Do you let your tenants paint the interior? And 2. What is your policy regarding pets?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Opportunities don't happen. You create them." -- Chris Grosser

FAR 236 Expected Air Date: 3/28/19 Opening The iBuyer Show Grandma’s description of daylight savings time. iBuyers make it look like they are giving a fair offer for your house. I’ll make the same offer. 6-16% fees Must accept contract offer which is contingent upon inspection. Inspection will reveal needed repairs which you can make or further reduce your price. Tell the tuxedo shirt story again. $22 vs $15 shirt. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! My website is rogerblankenship.com. Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.inman.com/2019/02/11/yelp-hides-reviews-pages-for-opendoor-offerpad/ https://www.cnbc.com/2019/03/23/property-taxes-would-have-a-huge-impact-on-chinas-economy-ceo.html https://www.cnbc.com/2019/03/18/these-are-the-best-and-worst-cities-for-first-time-home-buyers.html https://www.realtor.com/news/real-estate-news/trumps-budget/ https://www.cnbc.com/2019/03/22/mortgage-rates-are-breaking-to-new-lower-territory.html https://magazine.realtor/daily-news/2019/03/22/happy-spring-home-sales-post-strong-rebound Your Questions: Carson, Norcross, GA “I’m trying to buy a house that is in foreclosure here in Gwinnett Co. Georgia. The seller is ready to walk away from the house and told me the loan balance is $85k. She accepted my offer of $87k. Now I hear from the lender, a private individual that the actual balance is 97k. The house is worth 220k so I offered the lender 100k in cash. He said ok, but he already paid the attorney to handle the foreclosure and I would need to speak with him. What do you recommend? The property is scheduled for the auction in 1 week. Dena, Lancaster, PA “I am wondering how you rehab those properties you are buying around the country. How do you do a remote rehab?” Madison, Las Vegas, NV “Someone told me that they heard you make exceptions to the MAO rule. What are the exceptions?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing.” – Life Quote By Helen Keller

FAR 235 Expected Air Date: 3/21/19 Opening Today I’m going to introduce you to a gentleman who started in this business only three years ago and now is flipping 50 houses a year. He has an incredible story and you will want to be sure to hear it. His name is Scott Sekulow and he’s now known as the “Flipping Rabbi” which is a story I’m going to let him tell you. I’m also going to get his input on the current state of the market. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. **NEW** We are doing live call-ins on Tuesdays from 10-11. If you’ve wanted to call and speak with me, now you have your chance. Call 404-369-1018, extension 5. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! My website is rogerblankenship.com. Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.   Guest: Scott Sekulow Your Questions: Shameka, Atlanta, GA “I’m a new wholesaler and I would appreciate if you would give me some guidance as to what experienced investors are looking for.” Brandon, Atlanta, GA “How do you figure out what it’s going to cost to repair the property?” Roberta, Tampa, FL “What is debt service coverage ratio and why is it important? I just got financing rejected by the lender because of this and it’s a property my mentor said would generate good cash flow. I asked the lender and their explanation was technical and I didn’t understand. I asked my mentor and he said it’s not important and I should just go to another lender. I googled it and that really didn’t help either. I’m buying a house for $120,000 and putting $20,000 down. The payment will be $525.20 per month and the rent is $750. It seems like I’m making $200 per month. How can that be wrong?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Don’t take the road less traveled. Don’t take the road more traveled. Find people you want to be like and take the road they took." --Roger Blankenship

FAR 234 Expected Air Date: 3/16/19 Opening Coming up today, Hippie decor is back! And someone just paid a record $238 million for a condo - the most expensive home ever bought in America - and it broke the previous record by $100 million. I wonder if he will have avocado green appliances and rattan furniture? We have news, we have data, we have trends, we talk about style (don’t claim to “have” style), we have methods, and we have answers to your questions. Keep sending them to questions at flippingamericanetwork.com for now. We also have some new website lineups for you. Follow what’s going on: RogerBlankenship.com The FAN - FlippingAmericaNetwork.com The Show - FlippingAmerica.us The Fund - DTinvestmentfunds.com Deals, Money, Methods. Just came out of another sold out weekend with FlipStarter. Exciting stuff. Feedback very strong. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. . Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.attomdata.com/news/uncategorized/top-10-states-with-the-worst-foreclosure-rate/ https://www.realtor.com/advice/home-improvement/best-throwback-decor-based-on-your-zodiac-sign/ https://www.realtor.com/advice/home-improvement/most-expensive-home-repairs/ https://www.cnbc.com/2019/03/18/times-square-is-about-to-get-a-giant-new-billboard-called-tsx-broadway.html https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/18/11-ways-non-experts-can-keep-up-with-local-housing-trends/#219ba5f2e949 https://www.nytimes.com/2019/03/15/your-money/real-estate-investments.html https://www.nytimes.com/2019/01/24/business/who-is-ken-griffin.html?action=click&module=RelatedCoverage&pgtype=Article&region=Footer Topic: Your Questions: Annalee, Tampa, FL, “How do I find my first deal? I just want to wholesale something.” Get 250 cards Get rid of those cards Get a list of foreclosures. Knock on doors and ask people to sell you their house Check all the FSBO sites, For Sale By Owner, Buy Owner.com, etc. Craigslist, Befriend a realtor, tell her you are looking for distressed properties / situations. Tell everyone you know and everyone you meet you need a house. Hudhomestore.com. Make offers (with your Realtor’s help). Social Media Networking (not with real estate groups) Beverly, Villages of Ocala, FL, “Please explain the 1% rule for rental houses and why that is a good thing.” Austin, Dallas, TX, “When are you bringing FlipStarter to Texas?” Sammy, Milwaukee, WI, “Who is going to win the NCAA Tournament? Just kidding, I have a possible deal, but I need help making sure it’s a good one. I need local advice, but I am afraid that if I show someone local they will just go and do the deal without me. I don’t have it under contract or anything. It’s my uncle’s house. He passed away and now my cousin is selling it. Suggestions?” Joe, Little Rock, Arkansas, “I want to be in real estate, but I don’t want to do house flipping. I just want to put money into something safe with decent returns. What do you suggest?” Brad, Elizabethtown, KY, “What can I do to find more consistent deal flow. This is a small town, but I want to do this full-time.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Obsessing over details like your logo or business card is just a form of procrastination. Your business needs deals MUCH more than it needs a logo." --Roger Blankenship

FAR 233 Expected Air Date: 3/14/19 Opening On Tuesday afternoon March 12, 2019, the real estate investing world changed. It was the birth of a project two years in the making. It arrived with barely a whisper but in the coming months and years, the impact of this service will profoundly affect the way buyers and sellers of investment properties will do business. Ladies and gentlemen I give you the Flipping America Network - the FAN! Music intro. From the first Flipping America show two years ago we dreamed of providing for the needs of real estate investors nationwide. As we thought about those needs it came down to three things: Deals, Money, and Methods. So we proceeded to bring you the previous 232 shows focusing on Deals, Money, and Methods, with a little inspiration and business how-to sprinkled in. I started in this business in 2002 and from the day I started until now the biggest challenge has almost always been finding that next deal. I say almost because there was a time in 2008-2010 where there were more opportunities than I had the money and capacity to deliver on. But for the most part it’s always been about finding that next deal to do. So when we launched this show one of the things we started working on behind the scenes was a way to provide for deal flow for our listeners, friends, and fellow investors. The vision was to create an online marketplace where sellers and buyers could meet and do business. I envisioned a kind of multiple listing service for investors. Sellers! Advertise your assignable contracts with pictures of the home Don’t waste your time fiddling with mailing programs and buyers’ lists. Focus on your next deal rather than your selling infrastructure. Buyers! Find your next flip or rental here. Select up to 25 zip codes of interest (not sure of the maximum number) Reserve 48 hour exclusive access to the ZIP code(s) of your choice. Homeowners! Have an unwanted house? Facing foreclosure? Transfer? Inheritance? Other life events leading you to sell the property? Post your home here for free. You will get an offer - perhaps several! The FAN is here! FlippingAmericaNetwork.com. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! My website is rogerblankenship.com. Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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/real-estate-news/u-s-new-home-sales-rose-december/ https://www.attomdata.com/news/market-trends/figuresfriday/hottest-zip-codes-for-home-flippers/ https://www.realtor.com/news/real-estate-news/states-highest-lowest-mortgage-rates/ https://www.attomdata.com/news/market-trends/figuresfriday/january-2019-foreclosure-filings-see-an-uptick/ Topic: The FAN Your Questions: “What does it cost to create a profile on the FAN?” What are the technology fees? I heard you can reserve a zip code. Tell me how that works. I inherited a house from a cousin who had no children. It’s 800 miles away. I have no desire to do anything with it, other than sell it. I listed it with a realtor but it needs a lot of work and the listing expired. Can I put this property in the FAN? Do you get to see the actual property address for what is being sold? Will I be able to speak with the seller or wholesaler and ask questions? If I list my property on the FAN but still blast it out to my list and sell to someone on my list, do I still have to pay a technology fee? We pay the technology fee at the time we enter into a contract. What if it doesn’t close? Why do I have to provide a copy of my drivers license photo? What are you doing to prevent daisy-chain listings? Your site says “no dummy listings”. What is a dummy listing? How do you prevent them? Do we do the closings virtually through the FAN or go to a settlement agent and do a regular closing? What is a FAN Provider? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Don’t take the road less traveled. Don’t take the road more traveled. Find people you want to be like and take the road they took." --Roger Blankenship

FAR 232 Expected Air Date: 3/7/19 Opening Darlene Coquerel is is the Founder of The International Real Estate Investors Academy and creator of The Ultimate Foreclosure Formula. She is a real estate trainer and broker in multiple states. She has trained and coached real estate investors and agents for more than 20 years and has a passion for building teams. She teaches wholesaling, flipping, and buy-and-hold strategies. Darlene is the author of an Amazon Best Seller called Game Changers. She also published real estate home study courses and books about buying and selling real estate. Her current business model includes helping families facing foreclosure. In 2013, Darlene brokered a transaction of the largest number of single-family houses in history sold to one buyer for a total contract price of $105 million! In a 10-day contract, her team sold 1,362 houses to a Wall Street hedge fund. In 2014, Darlene’s brokerage was awarded the Platinum Investor Award by Auction.com with acquisitions surpassing $75 million in one year!As a national speaker, author, mentor, and real estate JV partner, Darlene brings expertise and knowhow to the table. She's going to join us in just a moment and you are going to love this conversation! How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.brookings.edu/blog/the-avenue/2019/03/01/oregons-new-rent-control-law-is-only-a-band-aid-on-the-states-housing-woes/   https://www.latimes.com/opinion/editorials/la-ed-oregon-rent-control-newsom-20190301-story.html https://www.nytimes.com/2018/10/12/business/economy/rent-control-explained.html https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2018/11/28/rent-control-is-making-a-comeback-but-is-that-a-good-idea https://www.fool.com/investing/2019/02/17/flipping-a-house-heres-what-you-should-worry-about.aspx Your Questions: We are working hard to get our new Fix and Flip Video course finished and out to you. I want to hear from you - what do you want us to make sure we cover? We have a pretty good idea from the questions you send us. But I want to know - are there holes in the training you received? What are they? How can we make this the best Fix and Flip Course available? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Don’t take the road less traveled. Don’t take the road more traveled. Find people you want to be like and take the road they took." --Roger Blankenship

FAR 231 Expected Air Date: 3/4/19 Opening Just the FAQs We get lots of questions here at Flipping America. I’m sure it’s no surprise to you that we get asked the same question quite a bit. That’s ok! We love hearing from you and want you to continue asking. But today we have combined many of our most oft-asked questions into one show called “Just the FAQs” which we are bringing to you right now! How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.   Topic, Just the FAQs: I've seen the TV shows and I think I would enjoy this as a side hustle I have money but no experience. Where do I start? I have money experience and own my own contracting business. Where do I get started? Recently I got an email or a comment we actually is a comment online from someone who said I work 70 hours a week and I'm broke. And so this is just a pipe dream. I'm a handyman but don't have a lot of cash I have a friend who has cash and has offered to buy a property if I'll fix it up we've agreed to split the profit but her art are not sure what the split should be. What are the top few recommendations for getting started in this business? How do I find money to invest in a property? What's the difference between hard money and private money the source is. How do I find a good contractor? Your Questions: We are working hard to get our new Fix and Flip Video course finished and out to you. I want to hear from you - what do you want us to make sure we cover? We have a pretty good idea from the questions you send us. But I want to know - are there holes in the training you received? What are they? How can we make this the best Fix and Flip Course available? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Don’t take the road less traveled. Don’t take the road more traveled. Find people you want to be like and take the road they took." --Roger Blankenship

FAR 230 Expected Air Date: 2/16/19 Opening Our guest today joined the Marines out of high school, then went to Purdue University where he completed a degree in Accounting. While in college he started acquiring rental properties. He’s had some setbacks which you will hear about in a few minutes but today he owns $30 MILLION dollars worth of real estate and he coaches others in the process. What I really appreciate about Mark Dolfini is his thoughtfulness in having you begin your real estate endeavors by first thinking about your life. This is more than your “why”. It’s a process he calls VIP and if you can get your brain wrapped around this, I think it can make a huge difference in your investing career. His name is Mark Dolfini and he will be with us in a few minutes.  How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.   Guest: Mark Dolfini Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Things work out best for those who make the best of how things work out." --John Wooden

FAR 229 Expected Air Date: 2/14/19 Opening The House Whisperer Bookmark this show folks, I’m going to give away some of my secret sauce. The number one topic of the strategy and consulting calls we do is Deal Flow. Where can I find the next deal? I get at least 10,000 properties a month into my inbox. Stay tuned - I’m going to show you how. Master the stuff I’m going to talk about today and you will like a professional Deal Trainer - they will come to you on command. Sit, Stay, do tricks - Deals will be all around you. You’ve heard me make the preposterous claim that I get 10,000 deals into my inbox and frankly I had never really added them up - until yesterday. Someone asked me to prove it. So I took an hour yesterday and added up the deals that had come in JUST THIS WEEK so far (yesterday was Wednesday). The number was 19,925. Now here’s the important part: I have 11 deal sources and at the moment I’m only using three of them. There’s no point expending the effort on the other sources right now. But I’m going to share them all with you today because I use at least one method not really available to you. Hey, who said life is fair? How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. March 16-17, FlipStarter, www.flipstarterevent.com. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.   Topic: Make the Deals Come to You. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "It always seems impossible until it’s done" -Nelson Mandela

Feb 9, 2019 “The best thing about any higher education is learning how to learn.” Do you want to grow, develop, and improve throughout your life? I’m pretty sure you do, which is why you are reading this right now. I’m asking you today to commit now to a lifetime of learning. If you were one of those who hated school, please don’t think I just sentenced you to a lifetime of boredom. Learning is SO much different than most of what we experienced in school (unfortunately) and is SO much more interesting. So why is school so boring? There’s no simple explanation, but I think it has a lot to do with quantification of progress. That is, we need to know whether the students are learning, and the most objective way to assess this is to test rote memory. That makes it easy to compare the progress of children across a school district or a state but is a measure of only the lowest level of learning. Enter Bloom’s Taxonomy of the Cognitive Domain (He also developed similar taxonomies for the Affective and Psycho-motor domains, but those are topics for a different day). Here’s a handy chart, courtesy of Jessica Shabatura and uark.com: Think of this like a layer cake. Everything up top rests on the lower levels. You need those in order to be able to experience the higher frosting-to-cake ratios at the upper level. (You know that cake is just a hand-held device that allows you to shove icing into your mouth, right?) The lowest level, “remember” is the easiest to test for and everything else is built on that. It is a simple recall of the facts. Memorizing anything means repetition and this can get tedious. This is where kids start tuning out. But if one does not master at least a good number of the facts, they will be lost when the teacher attempts to move to higher levels of learning. Don’t worry about school any more (unless you are IN school of course). Let’s just focus on getting to the higher levels. Let me give you a real estate example: Remember: You can recall all of the data points we collect when developing comparable sales, e.g. bedroom bathroom count, square footage, year built, distance from subject, and so on. Understanding: You know that if the houses fit most of the criteria but one has a half bath or some other minor difference it can still be counted, perhaps with an adjustment. Apply: You use this information to gather a list of potential properties as comps and arrive at a value for the subject. Analyze: Working with your ARV you just developed, you use another combination of knowledge, understanding, and application to develop a repair estimate. Then you plug into a formula to decide whether this property is one to pursue. Evaluate: Using criteria important to you (such as the Property Grade App), you can compare properties with each other to choose from a pool of qualified candidates based on your capacity, your financial position and other external factors. Create: Using all of these skills, you create systems to speed the analysis of multiple properties and scale your business. Note that not every process follows this hierarchy precisely because the types of problems we solve can vary significantly. It is also important to note that you cannot operate at the higher levels without some mastery of the lower levels. If you are struggling to understand something, go back to the previous level and honestly ask whether you have master it. You can’t evaluate or create without a solid understanding of the facts, which also means you have to know some facts. A general cannot devise a battle plan without some knowledge of the history of warfare strategy and tactics. A Congressperson may wish to provide a good life for all, but without any knowledge or sense of the 20th century, may propose policies of socialism that echo the policies of totalitarian regimes that led to two world wars and the loss of more than 100 million lives. Ok, that’s this week’s political pot-shot. Moving on. So you really do want to learn. And you want to get beyond mere knowledge to the higher levels of thinking. We don’t all learn the same way. Some people do fine with auditory learning. They listened well in school, took notes, behaved in class, studied those notes, and did well on the low level exams. There is almost no correlation between their success in the classroom and success in life afterwards. Life isn’t about remembering something for a test. Life is about taking what you know, combining with other stuff you know, and solving the problem in front of you. Many people are NOT auditory learners, but do better with visual input (they might be readers or watchers -- this is me). Other are kinetic learners - they prefer to learn in a more hands on way. They will dive in, take something apart and figure it out. These last two groups tend to be either bored or lost at school and many times end up hating it. But their chances for  “success in life” are every bit as high as the auditory learners. Recently the scholarly literature has started debunking this notion of styles of learning because they can’t find strong evidence to prove anyone is inherently wired to learn one way or another. I’m aware of that research but point out that they are making conclusions based on the absence of evidence which is shaky logical ground. I also would point out that whether or not it’s genetically coded, people clearly DO develop learning preferences. I’d like for you to know yourself. This includes understanding how you learn. I for one don’t do as well listening to books on tape. Why? I’m a visual learner. When I’m listening to the book, I’m usually unable to NOT be doing something else and guess what? If I’m answering email while listening to a book, I’m not remembering what the speaker said. I know I know, it’s a little sad I even try. When I read, the text has my attention as almost much as anything else ever has. I’m not going to say my TOTAL attention, but I do get pretty engrossed in what I’m reading sometimes. If it’s good enough I won’t hear people talking to me, I won’t hear my phone, I might forget to eat. That’s just me. You are likely different. Once you understand how you learn, go with it. Fortunately today there are limitless ways to spoon knowledge into your melon. Listen, read, do - it matters not. You can find a way to learn what you need. Just PLEASE DO NOT allow any negative experiences from your school days to keep you from the beautiful quest for knowledge, beauty, wisdom, understanding, and truth. Resources on this subject http://psychlearningcurve.org/learning-myths-vs-learning-facts/ https://www.webtools.ncsu.edu/learningstyles/ https://poorvucenter.yale.edu/LearningStylesMyth http://sourcesofinsight.com/five-thinking-styles/ https://cft.vanderbilt.edu/guides-sub-pages/blooms-taxonomy/ https://en.m.wikipedia.org/wiki/Bloom%27s_taxonomy https://tips.uark.edu/using-blooms-taxonomy/ Books from this past week: PrayerBook, by Ari Wajnberg. Yes friends, OUR Ari. I get the sense that this touching story is somewhat autobiographical. It’s a powerful message of understanding, acceptance, and a desire for lasting peace. The book tells a relatable and gripping story but weaves the message of peace throughout. Peace within, peace with families, peace between religions, peace between countries. Good stuff. You should get it and read it. The Hero Factor, Jeffrey Hayzlett with Jim Eber. The writers advocate a corporate culture where the people in the company are valued as much as the clients, the stakeholders, and the bottom line. Their view is this not only benefits the employees, but the company is stronger as well. I like the title and the premise but didn’t find anything groundbreaking new information here. Mindfulness, Mark Williams and Danny Penman. There’s a lot of buzz about mindfulness these days with surprisingly contradictory research that show that mindfulness may not improve focus or performance. But that’s not what this book is about. It’s about using the concepts of mindfulness to consciously improve your focus and move you toward unpleasant tasks or relationships. The authors provide a framework of 8 weeks of meditations that should do the trick. I haven’t decided whether to give it a try, but 8 minutes a day to improve my ability to get things done would be a good trade. If I try it I’ll keep you posted. $10 Tip: Resist the shiny object syndrome. Master one technique before branching out to others. It’s better to grow and scale the one technique than to get stuck trying to do too many things. But always keep your eyes open because opportunities are everywhere and constantly changing. The “thing” you’re doing will no doubt change over time and you need to be ready to adapt with the times. Until next time,

FAR 228 Expected Air Date: 2/11/19 Opening The 2019 Trend Report It’s possible there are two destinations in front of you - the place you want to be, and the place the market is heading.The general market direction is due to a variety of forces, none of which are in your control. But what if it is going in a different direction? What if the opportunity lies in an area beyond your expertise? What if your success strategy is based on certain market fundamentals but the market is behaving differently or perhaps even the opposite way for your plan to succeed?  In some ways your success in life and business is to find a path to your own ultimate destination that rides along with the market forces that are outside of your control. Over the past few years if you have been a single family fix and flip investor and your strategy has been to buy anything in the hot area even if your margins are thin, relying on price increases to make your money, you will find that in 2019 this game is up. Starting now, or actually six months ago, you MUST buy them right - no fudging on the margins - or you will rue the purchase day on sale day. If you are a passive investor in a REIT that owns malls and retail space, you’ve done well over several years, but the last couple of years have been a kick in the pants. Do you hang in there, knowing that the American retail market is bound to bounce back (and paying attention to the fact that many successful online retailers are now opening brick and mortar stores?). My point here is simple and it is this: For continued success, you need to pay attention to trends and respond appropriately. Today we are going to talk about the trends we expect in residential and commercial real estate for 2019 and before the show is over, I’m going to make some suggestions about how to respond to trends in general and these trends in particular. So hang on folks... How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. First Thursdays, Join us tonight at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand March 16-17, FlipStarter, www.flipstarterevent.com. It’s called the GMS Planner. GMS stands for Goals, Milestones, and Steps. It’s a system I developed for my own use several years ago and after listening to my friends and business associates tell me I should be selling it, we started producing it for the help and benefit of others. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. We have some hoops to jump through at the SEC, which is not open right now but it can’t stay closed forever, right? Once the government reopens we will be about 60 days from launch of this new venture. 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://money.usnews.com/investing/real-estate-investments/slideshows/8-trends-real-estate-investors-should-be-watching?slide=6 https://www.bisnow.com/national/news/commercial-real-estate/commercial-real-estate-trends-to-dominate-in-2019-95890 https://www.forbes.com/sites/alyyale/2018/12/06/2019-real-estate-forecast-what-home-buyers-sellers-and-investors-can-expect/#73fd5aab70d9 https://magazine.realtor/daily-news/2018/11/29/5-millennial-real-estate-trends-in-2019 Topic: The Trendy RE Investor Trends: Home Prices up, but not as quickly. Mortgage rates rise, only slightly. Millenials are the majority of buyers. The RE Market is not going to crash. Opportunity Zones E-Commerce in Real Estate is a non-impact conversation piece - STILL. E-Commerce for everything else will continue to drag down retail space. Construction Costs are on the rise Technology for RE will continue to improve. Senior Living Communities will increase. E-Commerce will create more demand for warehouse space. Smart and multi-level. Online retailers will continue to open brick and mortar stores. Foreign investor demand for US properties will increase. Institutional investors are heading to secondary and tertiary markets for yield. This usually happens before a recession. Grocery chains will move further online. Office Spaces stable, shared or co-working spaces continue to be popular. WeWork will not show a profit. The Amazon HQ losers will see economic benefit from the competition. US hotels will break occupancy records in 2019. Expected to be up 66.2% this year, the 10th consecutive year of growth. In general: Go where the buyers are; Sell what the buyers want; You’re not an artist, you’re a manufacturer; The market will not conform to your wishes or hopes. You conform to it. Specific for 2019: Legal and financial disclaimer Millenials are buying homes and want walkable suburbia. Let’s develop it, or focus there. Study areas saturated with single family investors and ask, “Where will they go from here?” Get there second. Early bird gets the worm, second mouse gets the cheese. Watch for the opportunity to invest in medical office space in the caribbean. Rich people are going to get the medical care they want. When they can’t get it in the US they will go where they need to. You may not like it, but why waste energy protesting? Make money accommodating the market demands. Find a use for abandoned malls and strip shopping centers and you will cash in HUGE. Here’s a hint - employment opportunities for the newly relocated millenials. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "It always seems impossible until it’s done" -Nelson Mandela

FAR 227 Expected Air Date: 2/9/19 Opening Are we in a Bubble? How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. First Thursdays, Join us tonight at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.com. It’s called the GMS Planner. GMS stands for Goals, Milestones, and Steps. It’s a system I developed for my own use several years ago and after listening to my friends and business associates tell me I should be selling it, we started producing it for the help and benefit of others. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. We have some hoops to jump through at the SEC, which is not open right now but it can’t stay closed forever, right? Once the government reopens we will be about 60 days from launch of this new venture. 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.foxbusiness.com/markets/how-to-spot-a-real-estate-bubble Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Marcia: i have a lot under contract. There is a house on it but it needs to be torn down. It’s a good ways out of town but the comps are in the 300’s in that area. How should I market it? DeAndre: I have an opportunity to buy out another investor. They paid 125k in cash for the property. Fired their contractor midway through the project. Now they are discouraged and just want to be rid of it, but they will finance it to me. It takes 55 to fix it, which I will use my own cash to do. Comps are around 250-275. What are your thoughts about taking over someone else’s deal like this? Motivational Thoughts for the day "It always seems impossible until it’s done" -Nelson Mandela

FAR 226 Brian Dally, Ground Floor Funding Expected Air Date: 2/2/19 Opening A little over a year ago we asked everyone in our group what were their biggest needs in their real estate investing work. They were: Deals Money to do the deals. Help, advice, mentoring for the opportunities they were considering. You spoke -- we heard you. As you may have heard, the Flipping America Network is about to be released in the wild. This is the Buying platform for real estate investors nationwide. Post your property in the FAN and it will be seen by hundreds (we hope thousands) of investors including possibly someone in your zip code. My dream is that one day anyone can jump into the FAN and find a deal. The FAN connects real estate investor buyers with actual properties (no dummy listings). The FAN allows wholesalers to post their properties. There’s no need to build buyers lists, and maintain mailing list programs. Focus on deal flow. The FAN allows homeowners to list their home for sale providing a direct connection to cash buyers. Buyers can reserved 48 hour exclusive access to their favorite ZIP codes. So that’s deal flow. How about the money? At this moment, there are literally billions of dollars available to real estate investors. Just in my Atlanta network we get contacted by a new hard money source nearly every week. It is NOT difficult to find. However, it can be a challenge to afford. Wait, if I’m borrowing the money for a project, what is there to afford? First you have to make a downpayment, usually 10-20% of the purchase price. Then you have to pay the loan origination fees up front. On just an average loan this can be $25,000. You will probably have to keep three months of payments in your bank account so that could be another 6-10 thousand. And you have to make those monthly payments. So how many of these can you do at one time? For most people it’s ONE. If they can afford anything that’s all they can afford. That means if you hustle and finish in six months you can do two projects in one year. If you make 40k in each deal after expenses, it’s a decent year. But I bet you’re not ready to quit your day job yet. Enter the Flipping America Fund, working with DT Investments. We are looking nationwide for qualified operating partners who choose to become a part of our family and access funding for their deals. In short -- we put up the money -- you do the work -- and we split the profit. If you have the contracting and management capacity, there is virtually no limit to the number of deals you can do. Your net take away from each deal may be less, but suppose it’s 30 thousand instead of 40. And suppose you can do ten deals a year instead of 2. I think you see the advantage. This opportunity isn’t for just anyone. We have to be persuaded that you are a good fit with us. You’ll need to demonstrate proficiency in flipping. Although designed for experienced and effective investors, There is a possibility we will fund newer people as well, but there will be more hoops to jump through and possibly a training requirement. This funding model has always been a part of our vision here at Flipping America but we have been rolling it out carefully, slowly, and with many tweaks to the program while operating at a small scale. We believe we are ready now to scale this and it’s about to happen. My guest today is Brian Dally, co-founder of Ground Floor Funding. Ground Floor is an innovative crowd-funded platform that allows passive investors the opportunity to be involved in the activity of people flipping houses. It’s a cool platform and you can make good returns on your money there. We will talk about Ground Floor and it’s operations, but in the second segment of our interview, Brian and I are going to announce one of the biggest developments in the history of Flipping America - a joint venture project. In about three months you will be able to go onto Ground Floor’s website and invest in the Flipping America fund, which will spread your investment over a number of projects being completed by our Flipping America Operators nationwide. And as we split the profits with our Operators, this return will create a dividend for you. Stay tuned and you’ll hear about this incredible opportunity. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. First Thursdays, Join us at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.com. My calendar hit Amazon this week. It’s called the GMS Planner. GMS stands for Goals, Milestones, and Steps. It’s a system I developed for my own use several years ago and after listening to my friends and business associates tell me I should be selling it, we started producing it for the help and benefit of others. Now for the really big announcement. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. We have some hoops to jump through at the SEC, which is not open right now but it can’t stay closed forever, right? Once the government reopens we will be about 60 days from launch of this new venture. 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.   Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Zeke, Baltimore, MD. “I went to your website to look at the inexpensive houses you’ve talked about and there is only one house there. Will you be getting more? Is this going to continue?” Annalie, Centralia, IL , “I saw you have a house in Du Quoin, about 45 miles away from here. I want to know how you, in Atlanta, GA found a house in Du Quoin, IL. And why would you buy it? I’m just curious.” Stanley, Villages of Ocala, FL “I’m always interested in low priced properties and like the cheap houses, but how do you make repairs on a house hundreds of miles away, and how do you look after the tenants?” Allison, Pittsburgh, PA, “I researched a couple of the houses you had on the site before they were sold off. You’re asking 10,000 and they are only worth $25-30k and they need work. It doesn’t seem like the numbers add up for a flip property.” Buck, Macon GA “What minimum credit score should the people have in these inexpensive houses for me to sell to them? And how do I find that out?” Madison, Milwaukee, PA “How do you collect the payment for these inexpensive houses? Do they mail a check? I’m imagining the hassle of dealing with returned checks over long distances, etc. It makes me uneasy.” Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -Zig Ziglar

FAR 225 Adam Adams Expected Air Date: 1/31/19 Opening Today we are going to talk a bit about apartments. Our guest is Adam Adams from Denver, CO. Adam is going to talk about how you can buy an apartment complex with very little of your own money. He’s also going to talk about how you can participate in a project even if you have no experience.   How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. First Thursdays, Join us at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.com. My calendar hit Amazon this week. It’s called the GMS Planner. GMS stands for Goals, Milestones, and Steps. It’s a system I developed for my own use several years ago and after listening to my friends and business associates tell me I should be selling it, we started producing it for the help and benefit of others. Now for the really big announcement. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. We have some hoops to jump through at the SEC, which is not open right now but it can’t stay closed forever, right? Once the government reopens we will be about 60 days from launch of this new venture. 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: Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day Success is not final, failure is not fatal: it is the courage to continue that counts. – Winston Churchill

FAR 224 Tom Zeeb Expected Air Date: 1/28/19 Opening Great show coming up today. We are going to be joined in a moment by Tom Zeeb, a Washington DC investor with a true rags to riches story.  15 years ago Tom was broke as a joke. A near-death experience while rafting pushed him to find a new way to break free of his 9-to-5 job. Real estate investing saved him. Both personally and financially. Hundreds of deals later, he is happy to share the same techniques that set him free, so you can do the same. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. First Thursdays, Join us at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.com. My calendar hit Amazon this week. It’s called the GMS Planner. GMS stands for Goals, Milestones, and Steps. It’s a system I developed for my own use several years ago and after listening to my friends and business associates tell me I should be selling it, we started producing it for the help and benefit of others. Now for the really big announcement. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. We have some hoops to jump through at the SEC, which is not open right now but it can’t stay closed forever, right? Once the government reopens we will be about 60 days from launch of this new venture. 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.   Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Cecilia, Conyers, GA. I'm new to real estate, it has been a long time dream to invest in real estate. I currently own a duplex (owner occupied) and the other unit is vacant since November 2018. My dilemma is where to begin with financing. My credit is in the 600s but my debt to income ratio is too high to add anything else to my credit as far as a personal loan. I've lived here for a yr, I do not know if I have any equity in the home to do a HELOC. Which leads to my first question. Who besides from a bank would offer a loan to do repairs on my unit so I can rent it out quickly? The AC unit went out, painting of entire unit (3 bd/2.5ba unit), the stairs seem unstable, the front and back yard need grading/leveling, and a small patch or replacement of a short walkway is needed. Also, the water line on my side needs replacing. I learned some hard lessons about tenants and partial payments. The tenant left owing about $4,000 in past rent. I need an attorney that can keep me safe as a landlord and also keep me informed on what I can and can not do. A good lease agreement is needed. What attorneys, tax advisers, contractors, plumbers, painters, real estate agents, inspectors, etc. do you recommend to be a part of my team? I need this support system. Send me the list of your 29 questions to ask potential team members. The tenant left items in the unit, how long do I need to legally hold them? I've contacted her and let her know she can come get them but no response. Her mail still comes to the unit. I did not officially evict her we simply did not renew the lease. I want to be free and  clear from this tenant and move on to do this landlord thing the right way or find a good property manager that will. I feel like I did not do enough due diligence when I purchased this property however, I have the property and want to make the best of it. The neighborhood is not the greatest and would love to move once I build my reserve back up. I depleted most of my assets to obtain the duplex. My interest is to buy and hold rentals. I believe one more duplex in my portfolio would be good before purchasing a single family to move into. This will allow me to pay down debt and build my cash reserves. Any suggestions or need to know info would be greatly appreciated. Millicent, Jacksonville, FL “What is the weirdest house you’ve ever bought?” Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -Zig Ziglar

FAR 223 Lorraine Beato Expected Air Date: 1/24/19 Opening What a show we have lined up for you today. There is SO much going on here at Flipping America I could probably fill the hour just updating you, but I’m going to try and keep it brief because we have a great guest here today, one of Atlanta’s most prolific investors and realtors, Lorraine Beato. With over 25 years in the industry starting with Merrill Lynch in mortgaged-backed securities trading and then as a realtor, appraiser, and investor both nationwide and internationally - Lorraine knows how to navigate the sometimes complex and intricate waters of real estate. In an ever changing industry, you need to have someone on your side who understands all facets. Her renovation in Europe was featured in the January 2018 Think Realty Magazine - International Renovation Rockstars and she has had listings featured on HGTV's House Hunters. 2018 Think Realty Single Family Investor of the Year Nominee 2018 Who's Who in Atlanta Real Estate Nominee 2017 Who's Who in Atlanta Real Estate Nominee How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Hey would you buy me lunch just so you could pick my brain? For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. Coming up in the next few weeks I’m going to weigh in on the immigration debate, I’ll be talking about the notion that “you shouldn’t listen to what anyone says, just be yourself.” (one of the more misguided ideas of our time). And I’m going to spend a little time talking about how we learn because we should be making that part of our life journey. I’ll tell you the books I’m reading, the thoughts I’m thinking and the way I’m taking my business.All for less than it would cost you to buy me lunch. First Thursdays, Join us at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.com. My calendar hit Amazon this week. It’s called the GMS Planner. GMS stands for Goals, Milestones, and Steps. It’s a system I developed for my own use several years ago and after listening to my friends and business associates tell me I should be selling it, we started producing it for the help and benefit of others. Now for the really big announcement. Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. We have some hoops to jump through at the SEC, which is not open right now but it can’t stay closed forever, right? Once the government reopens we will be about 60 days from launch of this new venture. 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.   Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Ed, Atlanta, GA (from the CDM Lunch). I’ve been approached by someone who wants me to partner with them on a project. They have secured a loan from a hard money lender and are putting about 40,000 cash into it. He needs 20,000 for 2 months and is willing to pay me $5,000 for it. Vet the Person Vet the deal. ARV Rehab Budget How can you only need it for 2 months? What’s the plan? Promissory Note Security Deed recorded in 2nd position. Some HM lenders do not allow. Ask if he has other free and clear collateral to put up. Or execute a JV agreement. Warren, Atlanta, GA (from CDM lunch). I have a 6 bedroom house in a subdivision, but it’s larger than anything else in the subdivision. What do I do for comps? Motivational Thoughts for the day “Everything You’ve always wanted is on the other side of fear.” George Addair

FAR 222 “House Flipping is Dead”   Expected Air Date: 1/21/19 Opening “House Flipping is Dead! Long live Flipping Houses!” Have you ever wondered about that phrase, “The King is dead - long live the king!”? The first time I heard it I must have been in middle school (we called it Junior High School back then) watching a movie. Aside from the apparent contradiction,which is actually a literary device known as epanalepsis, I figured it probably had something to do with declaring the next guy king. It turns out I was right. It started with the French in the 1400’s and spread throughout Europe as a way to provide stability in the kingdoms and avoid civil war after the death of a monarch. It’s like saying “Charles VI is dead, long live Charles VII.” But that doesn’t roll off the tongue in the same way does it? So today I’m proclaiming that House Flipping is Dead. And at the same time I’m saying “Long Live Flipping Houses.” I’m not the official real estate coroner so this is just my opinion, but we are at what could be a crisis-point in residential real estate investing. The real estate markets are cooling off. Sales all along the west coast experienced double digit drops in the last half of last year when compared to the prior year. Averages days on market is on the rise all across the country. Interest rates more than doubled last year. The tax cuts of 2017 took their toll on the sales of houses priced at $750,000 and up. The slow down is dramatic. In the midst of all of this the major real estate gurus are raking in tens of millions of dollars while pushing out thousands of freshly “trained” real estate investors into the marketplace. (You can’t see this, but I used air quotes around the word “trained”.) These investors are competing for a product pool that is drying up, driving up prices, reducing and sometimes eliminating profits. They have just spent 30-50,000 for their training and believe they have to buy something - anything to justify that expense and get them started into their dream career. Wholesalers see what is happening and are more than willing to prey on their naivete, asking for and receiving enormous fees for flipping paper. All of this frenzied activity is focused on a market that is receding, making opportunities for genuine profit slim indeed. Because of tightened lending requirements beginning back in 2010, foreclosure rates today are at an all-time low. While this seems like good news, it means there are fewer distress sales for the house flippers. So congratulations to the home-owners and to the vultures waiting for failures we say “see ya pal - better luck next time.” Higher prices, fewer opportunities, longer days on market, bigger rehabs in older houses, permitting difficulties with municipalities, inexperienced and unqualified individuals gumming up the works for the true professionals in the field, and hedge funds that continue to pay too much for any property that fits their buying criteria combine to create a big mess. In the next few months, many of these new investors will run out of time and money, give up, close up shop, and slink away to lick their wounds. Some will turn to social media and blame their gurus. A crisis is coming and it is unavoidable. Those who don’t know what they are doing will be out -- no matter what they spent on their so-called training. Wholesalers who know nothing about what they are doing will be gone. The naive and uniformed will be gone. What will remain are a few knowledgeable people who didn’t need the gurus in the first place and a bunch of con men, waiting for the next crop of easy marks. This is why I have today proclaimed that “House Flipping is Dead.” Long Live Flipping Houses! If you’re thinking that previous section doesn’t sound like me, you are probably correct. All I have done is put all of the “sky is falling” messages into one place for your convenience. And I point out -- you can find evidence to support whatever viewpoint you choose ahead of time. If you are willing to engage in selective interpretation you can make almost any illusion seem like reality. The fact is, everything I just told you is a fact. The only thing I don’t believe is that house flipping is dead. The house flipping of the past five years probably IS dead - and it needs to go ahead and pass on. But that House Flipping method was born only in about 2012. The previous House Flipping died around that time, but it had only been born in 2008. The House Flipping I knew died in 2007. So in my short 17 years in this business I’ve seen House Flipping, as we knew it then, die and be re-born at least twice. This will be the third time. But don’t worry - it will be back. We believe writing was invented about 6000 years ago in ancient Babylonia. Two weeks later someone wrote down the details of a real estate transaction. A month after that, the first property flip in history occurred. OK, I’m a little fuzzy on the precise dates of those transactions of course, but my point is, real estate investing has been around for as long as anyone has been keeping written records, and probably thousands of years before. Much of the history of humanity has been centered around the acquisition of real estate. It’s nothing new and it will never go away. I’ve heard a Native American idea that we do not own the earth any more than a flea owns the dog it is living on. I love the perspective of this and appreciate the truth of it. At best we are stewards of our little slice of ground. But if we are wise, we can turn that little slice that we momentarily control into something that can provide for our families, create opportunity for the employment of others, and perhaps leave a legacy after we are gone. So we may not “own” the ground in reality or in metaphysical reality, but in the eyes of the guys with the big guns (our government), we have a right to prosper from the land we hold. So let’s be about holding what we can. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Jan 23, Privy Webinar Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.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. 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://rismedia.com/2019/01/17/2019-real-estate-trends/ https://www.myhighplains.com/news/studio-4/2019-real-estate-trends/1683555231 https://www.postandcourier.com/business/real_estate/charleston-real-estate-trends-to-watch-for-in/article_5078d4c4-0abc-11e9-9dee-af83f67d8333.html https://www.globest.com/2018/12/26/three-2018-real-estate-trends-gaining-momentum-in-2019/?slreturn=20190021082035 https://www.realtor.com/news/trends/bathroom-design-fails-instagram-photos/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Motivational Thoughts for the day “Everything You’ve always wanted is on the other side of fear.” George Addai

FAR 221 “I see that hand” Expected Air Date: 1/19/19 Opening 2019 is going to be a banner year for us here at Flipping America. We have two projects that we have been working on for quite some time that are coming to completion this year. One of them has been a dream since the day this show was born and is finally becoming a reality - the Flipping America Network. The network is a place for training, deals, and services you need to further your success in investing. The other project I can’t discuss yet, but trust me it’s going to be huge when it hits. A real game-changer. And that’s all I can say right now, but man is it hard not to say more! How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda The FAN is rolling out very soon. First quarter for sure, possibly within the next six weeks. It’s an online property marketplace for investors. Free to use with a small technology fee when you buy a property. Wholesalers no longer need to build a buyers list. Just log on and a massive buyers’ list is waiting for your property. Rehabbers can look at the deals, the pictures, the information on the property, and make a decision.  You can also reserve your zip code and get 48 hours of exclusive access to all new listings in that zip code. Homeowners - you can list your property in the FAN for free and get an all cash offer very quickly. Jan 23, Privy Webinar Jan 31, BnB Formula Webinar March 16-17, FlipStarter, www.flipstarterevent.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. 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.   Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Mark, Marietta, GA, “How do I get started in this business if I have no money and no knowledge of real estate?” Stanley, Hoover, AL, “I looked at your website one day and you had seven or eight houses for sale. The next day there was one. Did you sell all of them that fast? When will there be more?” Rollin, Milwaukee, WI, “I heard you say something about staying out of the city on the last show. Why is that? Our city needs renewal in several areas.” Denisha, Pittsburgh, PA, “I know the MAO formula but I wonder if there is ever a time when you make an exception. I’m having a hard time making a deal fit.” Angela, Simpsonville, KY, “What are your thoughts on trailers? Both single and double-wides? Around here, there’s a lot of them and some can be bought real cheap.” Sherelle, Long Beach, CA, “I’m trying to get my head around your inexpensive houses. I can’t buy anything here for less than 400k. And that’s junk. I can’t imagine buying something for 10k or less. Do people really want to live in these? How do I learn more?” Candis, Boulder, CO, “Can I use my self-directed IRA to invest in a small business?” American IRA 828-257-4949. Mention that you heard about it on this show and get your $50 enrollment fee waived. Sammy, Augusta ME, “It’s tough to rehab houses here in the winter time. I know you don’t have the same issue in Georgia, but do you have any suggestions for me here?” Motivational Thoughts for the day “Everything Takes Longer Than It Takes” -Roger B.

FAR 220 Expected Air Date: 1/17/19 Opening As we sat down prior to the beginning of this year, we took a look at the changing real estate landscape in order to make our plans for the coming year. The principles behind real estate investing never change, but the opportunities vary with the times and there is an ebb and flow to this. I’m talking about both tactics and locations. Locations will dry up. Techniques when first discovered my yield great results, and then everyone else hears about it and the opportunity for unusually high numbers fades away. I hear a lot of great ideas and techniques on this show and frankly I’m tempted to pursue them nearly every time. I had to decide a long time ago to just stay in my lane, figure out what I’m good at and do that while celebrating the success of others in their work. But that doesn’t mean I’m not open to new ideas or techniques. So we decided for 2019 to add a couple of strategies to our work. One is the low priced house strategy, which we’ve talked about on other shows. The other is the AirBnB strategy, which is the subject of today’s show. So we went looking for someone who has a strong resume for training in this area and found Brian Page. He’s going to join us in a few minutes.   After personally experiencing the real estate crash of the mid 2000’s, Brian set out to find a NEW way to earn income from real estate. Starting over, he launched a profitable Airbnb business without debt, mortgages, or the need to own properties. Brian has taught thousands of people from 31 countries around the world how to get started using Airbnb™. He usually charges $10,000 to work with clients one on one, but reveals the exact same secret methods in this webinar. This FREE training class is a nothing-held-back look at exactly how Brian was able to use other peoples' properties as his own Airbnb listings. He will show you how you can do what he did and build your own wildly profitable Airbnb™ business. Brian will show you exactly how to get started and how it's a "WIN-WIN" for both you and the property owners. And if you already own property, how to turn them into lucrative BNBs. Learn how to locate profitable listings, why properties earn so much more on Airbnb™, and how you can find your very first listing ...in less than 60 days. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.attomdata.com/news/market-trends/flipping/q3-2018-home-flipping-report/ https://www.realtor.com/news/trends/biggest-housing-stories-2018-news-rocked-real-estate-world/?iid=rdc_news_hp_carousel_theLatest https://www.attomdata.com/news/market-trends/foreclosures/foreclosure-activity-report-october-2018/ https://www.realtor.com/news/trends/real-estate-trends-expect-2019/ https://www.attomdata.com/news/market-trends/single-family-rental/2018-state-of-the-single-family-rental-market-report/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “I’m Getting Better at This” -Roger B.

April Yvette is a motivational speaker, sales and marketing strategist and author. April went from being a struggling single mom to generating $9 M in real estate sales and winning “Sales person of the year” at a new home builder to inventing a product called THINgloss™ and appearing on the TV show Shark Tank. Her powerful message on faith, determination, resilience, and learning from failure inspires audiences to believe they can overcome any obstacle and WIN! She also lets them know its ok to embrace meaningful fame and success so they can be a force for good. Today, April helps purpose-driven coaches, consultants, speakers and professional athletes share their compelling story with the world, clarify their message, make a bigger impact and accelerate their business sales authentically.

Roger talks with Deonna Britt, founder of Law Clerk On Demand, about marketing lists and their use.

Roger outlines the top 20 "places" to invest for 2019. The first 18 are not cities, but investing principles to follow when choosing a location. Then he provides 2 cities for example and goes on to give a list of 20 great investing cities for 2019.

Roger shares is TOP 20 Insider tips, tricks and techniques for success in Real Estate investing.

Welcome to the Big 2018 Real Estate News show! Today we are going to talk about some of the biggest stories of 2018 with regards to real estate. I’m going to lead off with an in-depth report on flipping houses. This is the show Flipping America after all, so the topic is on point. But we’ve been getting quite a few questions lately about flipping houses so before I get to the news, let’s deal with a question. Remember if you have questions about real estate, send them to [email protected]. Max from Philadelphia, PA “I heard you mention that flipping houses isn’t really investing. So what is it then?” Jaquelyn from Anderson, IN “What’s the point of flipping houses? I have good income. I just want to invest in long term cash flowing properties.”

She has a Masters Degree in Aerospace Engineering from one of America’s leading technical institutes. She was a test pilot with the US government with Top Secret clearance. She also has a Masters Degree in Spiritual Psychology, which seems very different than engineering! She gave up what looks to all of us a GREAT career to become a real estate investor. Yeah she’s good at that too. With more than 180 articles published on Bigger Pockets, Ali Boone has become one of the best known real estate investors of our time. In a few minutes I’m going to share with you my interview with her and I have to say, one of the most interesting conversations I’ve had on this show.

Ever wonder what it’s like to be a real estate reporter for a major news outlet? Wonder no more. We have a couple of them lined up for you in the next two weeks. I like to know what people think and how they think and these reporters provide a lot of the interpretation for the data we all consume as real estate investors. Today we are going to be joined in a few minutes by Devon Thorsby from US News and World Report. I’m planning to ask Devon how she feels about real estate in general, what she sees coming for us in 2019, and how she wound up at the magazine. Devon Thorsby is the Real Estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the housing market. She has appeared in media interviews across the U.S. including National Public Radio, WTOP (Washington, D.C.) and KOH (Reno, Nevada) and various print publications, as well as having served on panels discussing real estate development, city planning policy and homebuilding. Previously, she served as a researcher of commercial real estate transactions and information, and is currently a member of the National Association of Real Estate Editors. Thorsby studied Political Science at the University of Michigan, where she also served as a news reporter and editor for the student newspaper The Michigan Daily. Follow her on Twitter or write to her at [email protected].

Roger is at it again - making fun of the Real Estate Headline writers. Today he picks on self-contradictory "news" stories on interest rates over a three week span - all by the same author. He then gets on a mild rant about homeownership and finally takes some questions from the listeners.

Have you ever thought about investing in other asset classes besides residential? Today our guest is Hunter Thompson (I know you’re going to ask, so “no, no relation to THAT Hunter Thompson) Hunter is a full-time real estate investor and founder of Cash Flow Connections, a private equity firm based out of Los Angeles, CA. Since starting CFC, Hunter has helped more than 250 investors allocate capital to over 100 properties. He has personally raised more than $20mm in private capital and controls more than $60mm in commercial real estate. Hunter has been featured in Forbes, Globe St., Inside Self-Storage, as well as a variety of other media news outlets, podcasts, and radio shows. Hunter is also the host of the Cash Flow Connections Real Estate Podcast, which helps investors learn the intricacies of commercial real estate from the comfort of their home, car, or office. He’s coming up in just a few minutes to talk in some depth about investing in other asset classes.

A couple of weeks ago we did a show about Chicago and the Chicago market. One of our guests, Jane Garvey is back with us today. I had so many more questions I wanted to ask her about life and investing in the Chicago area and my friends I’ve learned over the years that if you have a chance to tap into the mind of an expert, take it! As soon as our last interview was finished I asked Jane if she would come back and speak with me further about issues in real estate investing. She graciously agreed and that interview is coming up in a few minutes. She is a walking encyclopedia of real estate knowledge, creative deal structuring, history, perspective, and good old fashioned common sense.

If you are going to own rental properties and acquire enough of them to achieve financial freedom, sooner or later you are probably going to want to stop managing them yourself and hire a property management company. I’ve hired a few management companies in my time and coming up I’m going to share with you some tips and techniques about managing properties yourself and then give you my guidelines for hiring property management.

FAR 214 Inexpensive Rental Houses Expected Air Date: 12/10/18 Opening In this business you make your plan, plan your work and then prepare yourself for curve balls. Real estate is by definition an inefficient investment vehicle and that is a good thing. It means opportunities are always springing up. It’s a challenging thing in that you can’t get locked in to forever implementing one trick, technique, or area. To be truly successful in this business you have to get to the point where you understand an opportunity when you see it, recognize wishful thinking when you hear it, and spot a scam a mile away. Once you can consistently do that, you can adapt your plan implementation to match the opportunities that life and the markets bring to you. Today we are going to talk about one such occurrence. I recently met a gentleman named Eric who claimed that he could provide some information from the online auction houses that is not generally available to the public. That information is an informed opinion of the reserve price the lender is seeking on every property. Eric offered to provide lists to me, with his opinion of minimum price on each property and further offered to enter bids on my behalf. I had to jump through a few hoops for -- shall we say -- approval to be in this program, but I agreed to give this a look starting about 2 months ago. Eric suggested we look at low priced houses in a number of states nationwide and focus on the real deals. We are talking about buying 2 and 3 bedroom single family homes for less than $10,000. Eric has sold 14,000 of these to his clients over the years and has owned 2000 of them himself. Following his advice and with the help of a partner I quickly bought our first two properties for a minimal amount. We are currently working this process. I began to share the idea around with my contacts in Atlanta and there has proven to be tremendous interest -- so much so that our mentoring call last week was about this topic and Eric volunteered to be on the call. It was terrific - great information, and this is shaping up to be a fantastic opportunity. Dozens of people on our mailing list wrote in, regretting that due to scheduling they would not be able to be on the call but they were interested. So I recorded it. After thinking it over, we decided to play portions of this call for you on the show today. So coming up in just a couple of minutes you’re going to hear the actual call and learn how you can buy investment houses across America for around $10,000 - sometimes even less! You’ll hear what to do with them and how to manage a property hundreds of miles from you and you’re going to learn that you can buy and sell a property that you never one time visit or see. If you’re skeptical, so was I. Probably the first 30 minutes of my first conversation with Eric was spent addressing my doubts about whether what he was saying was true and whether he could deliver. I now know through first hand experience that he delivers on what he says, and he has bent over backwards to help guide us through the process. You’re going to like this topic and I know you are going to be intrigued. Stay with us. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.   Motivational Thoughts for the day “Life is an ongoing story problem. Solve it.”

FAR 207 Rentals Part 3 Expected Air Date: 11/12/18 Opening In the last show we talked about short term rentals. Today we are taking a more traditional approach with a discussion about landlording. I’ve owned and self-managed dozens of rentals properties over the years and I’ve also hired property management. I’m going to share with you the top 35 things I’ve learned so far. I’m pretty sure there’s always more to learn which is why I use the words “so far”. That’s coming up in a bit. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.housingwire.com/articles/47354-heres-how-much-zillow-is-paying-to-get-into-the-mortgage-business https://www.housingwire.com/articles/47339-number-of-equity-rich-properties-soars-to-new-high https://www.inman.com/2018/11/06/what-opendoors-latest-pivot-means-for-real-estate-agents/ https://www.nreionline.com/nrei-wire/10-must-reads-cre-industry-today-november-8-2018 http://www.latimes.com/business/la-fi-ftc-real-estate-20181108-story.html https://therealdeal.com/2018/11/08/feds-shut-down-alleged-100m-real-estate-fraud-in-belize/ Resources: https://www.zillow.com/rental-manager/resources/rental-management-guide/ https://realestate.findlaw.com/landlord-tenant-law/landlord-tips-for-managing-property.html https://fitsmallbusiness.com/tips-for-landlords/ Topic: Top 35 Landlording Tips from Roger B Pennies become dollars. The Rent is Priority. Wait a minute and suddenly they owe you 3 months. Inches become miles. You set the rules and you must enforce them. Everything goes better if you are known as tough but fair. Puppies become dogs. Address known problems immediately while they are relatively small. Screen thoroughly. Don’t be afraid to say no. Choose wisely Know the fair housing rules, and train your team with them. Apply the same rules to all rentals. Know your local real estate laws. Rehab for durability, with the bottom line in mind. Collect payments through YOUR method, not theirs. Never accept cash and make it a part of your written policy. Never accept a partial rent payment. Consider setting up ACH or other automated system for rent collection. Pass the handling charge (up to 3%) for credit cards on to your tenant. They should pay for that convenience not you. Create and communicate clear policy for collecting past due rents. Incentivize good tenants and good tenant behavior. Discount if in office by 5pm on the 1st. Lower or no rent increases if previous 12 months ON TIME. Use Property Management software- One lost repair receipt can be one less tax deduction and one misplaced lease can cost you months in eviction court. Using technology can help landlords streamline necessary tasks like listing their property, screening tenants, signing leases, collecting payments and handling maintenance requests. The last thing a busy landlord needs is to be bogged down with excel spreadsheets and hard copy documents, wasting time and potentially money. Require renters insurance. Have your ownership entity named as an additional insured on the policy. Go to their policy first if damage is done by them. You’ll be notified if their policy is canceled. Own in an LLC. Engage in asset protection in your entity setup. Conduct thorough move-in and move-out inspections. Document everything. Conduct regular inspections. Notify tenant 48 hours in advance. Communicate often with tenants Hold security deposit money in a separate account. Don’t touch. Create and maintain your own system of hold-backs so you can pay taxes and insurance. Repair promptly. Have a clearly stated and enforced pet policy. Keep cash reserves (2 months for each loan) to allow you to screen thoroughly. Listen sympathetically, then enforce the rules. Soft hearts lose money. Consider cash for keys rather than eviction. Cash for keys is a faster alternative to an eviction if the tenant agrees to it. It’s a private agreement between the landlord and the tenant. The landlord agrees to pay the tenant to vacate the property and return the keys. Landlords do this to avoid the often time consuming legal process of filing an eviction with the court which can take months. Never rent to family or friends unless you are willing to let them live there for free. Don’t mix family and friends with your investment property business. No matter how wonderful it may be in the beginning, those close to you will expect more for less when renting from you. If the friend can’t afford to pay rent one month, it now eats into your cash flow and puts you in an awkward predicament. Let them know it’s nothing personal, it’s just your policy to never rent to family or friends. Use Legal Shield or a local real estate attorney to create a lease that is enforceable in your state. Consider landlord insurance. This insurance helps to protect your investment from the expense of lawsuits and/or property damage. Landlord insurance should cover the structure, as well as lost rental income and personal injury occurring on or around the property. The policy differs from the policy on a primary residence since the investment property is a business. Take advantage of the tax deductions available to you as a landlord. Consult with your tax advisor. If your tax advisor doesn’t have more than one tax benefit for you, consider hiring a different tax advisor. Treat this like a business. Because it is. Consider the factors that will determine when or if you should hire a Property Manager Your schedule Your attention to detail Your bottom line Your investment goals. Set your goal to grow large enough to hire management. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Audrey, Monticello, GA, “Do you think about selling your rentals? How would you decide on this? I’m moving away and I’m not sure I want to keep the two rentals I have here in town.” Sanders, Pittsburgh, PA, “My tenants moved out and for some reason just one wall in every bedroom needs to be painted. It’s the wall where the bed was. I’m not sure of the cause, but I’m wondering whether I need to paint the entire rooms, meaning most of the house of can I just paint the one wall in each room?” Andrew, Alexandria, VA, “When will your latest FlipStarter event be available as a video series?” Motivational Thoughts for the day “I don’t make up jokes. I just watch the government and report the facts.” -Will Rogers

FAR 204 BuildZoom Expected Air Date: 11/03/18 Opening Hello everyone! If you are listening to this on our broadcast date of November 3rd, I am right now teaching the FlipStarter Course in Atlanta, GA to 40 future real estate millionaires. We are already planning our next events and are considering opening up to a larger group - perhaps up to 100, but we are trying to be careful that we are still able to give every person in attendance individual attention and personalized strategies. Today we have some really interesting guests coming up Issi Romem and Jiyan Wei from BuildZoom will be joining us in a few minutes to talk about the BuildZoom platform. If you are on the hunt for a quality, previously vetted contractor, you want to stay tuned and listen to this interview with one of the top providers of contractor referrals online. Plus it’s been a few minutes since I’ve answered your questions on the air and we have some piling up. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.cnbc.com/video/2018/10/31/southern-california-home-sales-plummet.html https://www.cnbc.com/2018/10/30/southern-california-suffers-its-worst-housing-slump-in-over-a-decade.html https://www.cnbc.com/2018/10/26/robert-shiller-i-dont-expect-a-sharp-turn-in-the-housing-market.html https://www.forbes.com/sites/keithflamer/2018/10/31/first-look-at-four-hot-skyscrapers/#5c4a96991907 Guests:  Jiyan Wei, Issi Romem Topic: Build Zoom  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Jessica, Boulder, CO, “I’m having a hard time getting my contractor to listen to me. I think it’s because I’m young and female. I can’t do anything about that. But what can I do to make him do things the way I want?” Janet, Atlanta, GA, “I have a rental property that has just gone vacant. I’m strapped for cash and it needs a couple thousand in work before I can rent it out again. Without the rent I can’t make the payment and without fixing it I can’t rent it. Do you have any suggestions?” Eduardo, Phoenix, AZ, “I gave a contractor $9,000 to start a job. He came out and did some work but now wants $20,000 to continue. We got into an argument about it and he pulled his crew and refuses to come back until I pay him. He claims he has plenty of other clients and doesn’t need to put up with me. The total project is $35,000. He’s completed about $5,000 in work. What would you do?” Motivational Thoughts for the day “Even if you are on the right track, you’ll get run over if you just sit there.” – Will Rogers

FAR 202 Chicago Chicago Expected Air Date: 10/25/18 Opening What a day! What a City! Chicago Illinois, the third largest city in America and as you are going to hear in a few moments, the nation’s leader in Pumpkin Spice Lattes! Today we are going to focus on Chicago. We are going to speak with a leading realtor and a couple of leaders from the investor community there. And as a bonus, out bumper music is the big band song “Chicago” performed by the band named Chicago. Did you know they put out an entire Big Band album a few years ago? They surely did. It was their 18th studio album, released in 1995 and although I’m a fan of Chicago already, is one of the best things they ever did. But I digress… Let’s visit Chicago... How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.inoreader.com/article/3a9c6e79af686340-these-are-the-10-best-cities-for-pumpkin-spice-lattes https://www.inoreader.com/article/3a9c6e7e554fc078-what-1-million-gets-you-in-15-cities-across-the-us Topic: Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Curtis, Murphy, NC, “I have a neighbor who inherited his mom’s house over in Franklin. He doesn’t have the time or money to fix it up. He says it’s not bad, but his mom lived alone the past 15 years and there are several minor things that need to be fixed. He just wants it gone - he doesn’t want to rent it out and every month the payment just comes out of the estate. The loan balance is a little more than $83,000. It’s probably worth about $110,000. This seemed like a great opportunity until I listened to a few of your shows and learned some things about the numbers. Do you have any suggestions? I’ve been wanting to do a deal, but just don’t know what can be done here. (We asked offline and the payments are $476 PITI and the fair market rent is $750. The repairs to rent ready condition are estimated at $6500. Also ten years left on loan). Jessica, Boulder, CO, “I’m having a hard time getting my contractor to listen to me. I think it’s because I’m young and female. I can’t do anything about that. But what can I do to make him do things the way I want?” Motivational Thoughts for the day It’s not about “perfect.” It’s about “effort.” And when you bring that effort every day, transformation happens. That’s how change occurs.   Jillian Michaels

FAR 203 Let’s Get Privy! Expected Air Date: 11/1/18 Opening All right sports fans, the World Series is over, it’s time to stock up for the winter and I’m not referring to groceries, I’m referring to inventory if you’re in the house flipping business. Pretty much any time is a good time to buy if you’re buying right. Coming up today is Jane Garvey, one of the founding leaders for all real estate investor associations in Chicago, IL and nationally. We are excited to hear from her. And then we will hear from Benson Juarez, one of the founding partners at Privy, a new real estate software platform that is going to blow your mind. Finally! Someone with the mind of an investor has given us non-realtors real-time access to MLS data. Stay tuned to hear about it. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guests:  Jane Garvey Chicago Creative Real Estate Investors, Benson Juarez, Privy Real Estate Investing Topic: Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Curtis, Murphy, NC, “I have a neighbor who inherited his mom’s house over in Franklin. He doesn’t have the time or money to fix it up. He says it’s not bad, but his mom lived alone the past 15 years and there are several minor things that need to be fixed. He just wants it gone - he doesn’t want to rent it out and every month the payment just comes out of the estate. The loan balance is a little more than $83,000. It’s probably worth about $110,000. This seemed like a great opportunity until I listened to a few of your shows and learned some things about the numbers. Do you have any suggestions? I’ve been wanting to do a deal, but just don’t know what can be done here. (We asked offline and the payments are $476 PITI and the fair market rent is $750. The repairs to rent ready condition are estimated at $6500. Also ten years left on loan). Motivational Thoughts for the day It’s not about “perfect.” It’s about “effort.” And when you bring that effort every day, transformation happens. That’s how change occurs.   Jillian Michaels  

FAR 201 Max Keller Expected Air Date: 10/25/18 Opening The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections. By 2030, all baby boomers will be older than age 65. This will expand the size of the older population so that 1 in every 5 residents will be retirement age. “The aging of baby boomers means that within just a couple decades, older people are projected to outnumber children for the first time in U.S. history,” said Jonathan Vespa, a demographer with the U.S. Census Bureau. “By 2035, there will be 78.0 million people 65 years and older compared to 76.7 million (previously 76.4 million) under the age of 18.” Today’s savvy real estate investors will take note of this trend and will at least give this some consideration while developing a strategy. Our guest today is Max Keller who has devised a strategy geared toward helping seniors both in the selling of their current homes and relocating to the next. Max has a unique combination of compassion and business savvy that allows him to make money in real estate while serving a vitally important role. Max has over 15 years of experience in Real Estate, Finance, and Teaching. He earned his B.B.A. in Finance from The University of Texas at Austin and earned an M.A. in Teaching from Louisiana College. He’s a  Consultant, Teacher, and Expert Panelist. His company, flipped 24 homes in the DFW area last year. Max's consulting company helps small business owners become more profitable. As you will hear in a few minutes, much of what Max is doing now has flowed from some of the more unfortunate experiences in his own life. He and his family faced the death of a loved one without the type of planning and preparation he now provides. Max is coming up in a few minutes and then your questions. Today we are going to talk in the Q&A time about installment land contracts, ideal rentals, creative deal financing, and much more. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.curbed.com/2018/10/24/18017600/tiny-house-dunkin-donuts-coffee https://www.forbes.com/sites/suzynam/2018/10/24/real-estate-mogul-and-his-wife-share-their-collection-with-fellow-thais/#efc92159de60 https://www.pleasantonweekly.com/square/2018/10/22/unseasonable-weather-for-pleasanton-real-estate-market https://www.globest.com/2018/10/25/liquidity-learning-equals-real-estate-success/?slreturn=20180925103149 Guest:  Max Keller, Savior Realty Topic: Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Elmer, Villages of Ocala, FL, “Please explain the installment land contract.” Dorothy, Tampa, FL “My husband and I want to invest in rental properties but we are disagreeing about the type of property. He wants to buy cheap houses in older neighborhoods. I’m concerned about crime and the transient nature of the residents. I want to buy in nice middle class neighborhoods, but he is concerned that our returns would not be very good. We would appreciate your thoughts.” Aldo, McDonough, GA “I bought a home in 2010 and today homes in the neighborhood are selling for twice what I paid for mine. Should I sell now while the price is high?” Emily, Wayne, PA, “I’ve done three flips in the past two years. I really want to quit my job and do this full time, but I need to do four to five flips in a year to do that. How do I get to that level?” Motivational Thoughts for the day It’s not about “perfect.” It’s about “effort.” And when you bring that effort every day, transformation happens. That’s how change occurs.   Jillian Michaels  

FAR 200 Appreciation Expected Air Date: 10/22/18 Opening Real Estate, we appreciate you! Let’s talk about appreciation. Looking to the future. What has happened in the past 12 months? What is expected for 2019? What is appreciation anyway and what is the historic rate of appreciation in housing? A complete explanation plus news and some of your questions coming up. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.cnbc.com/2018/10/19/trump-opportunity-zones-popular-with-investors-but-might-offer-less-for-voters.html https://eig.org/news/opportunity-zones-map-comes-focus https://dca.ga.gov/node/3926 https://fundrise.com/education/blog-posts/the-top-10-opportunity-zones-in-the-united-states?utm_source=google&utm_medium=cpc&utm_content=text-%2Bopportunity%20%2Bzone%20%2Bmap-b-ozoneinvestingwithfundrise&utm_campaign=search-marketbuilding_opportunity_mapbroad-usa-20181015&gclid=Cj0KCQjw6rXeBRD3ARIsAD9ni9AO65gmDu_b8CGINqS0IiPjJZhcPXGlzV33dUiC6TR0qvQ599VX_9IaAhENEALw_wcB https://magazine.realtor/daily-news/2018/10/18/homebuilding-struggles-to-break-out-of-funk https://www.cnbc.com/video/2018/10/18/real-estate-sales-fall-in-high-tax-states-surges-in-low-tax.html https://www.corelogic.com/downloadable-docs/hpi/corelogic-hpi-monthly-marketing-data-august-2018webnational.pdf Whoops! They missed! https://www.housingwire.com/articles/29284-the-best-and-worst-cities-for-home-price-appreciation-through-2018 https://www.trulia.com/voices/Market_Conditions/On_average_what_should_the_annual_appreciation_be-19523 https://www.zillow.com/research/zillow-home-value-appreciation-5235/ https://www.investopedia.com/articles/mortages-real-estate/11/the-truth-about-the-real-estate-market.asp https://michaelbluejay.com/house/appreciation.html https://michaelbluejay.com/house/rentvsbuy.html Topic: Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Allen, Rashad, Kenyon, Caroline, Adam, Portia, Priscilla, Martin, Richard, Clive, Suzanne, “The stock market seems to be a better play for a passive investment. Historic 8% vs. housing historic 3%” Stanley, Toledo, OH, “I want to buy a rental house. I’m looking at houses around $80,000 I can rent out for $1000 or I can also find houses for $20,000 I can rent out for $700. I can do the math, so I know the cheaper house is a better return, but I wonder about rate of appreciation, quality of tenants, etc. Is the better return always the best play? Motivational Thoughts for the day It’s not about “perfect.” It’s about “effort.” And when you bring that effort every day, transformation happens. That’s how change occurs.   Jillian Michaels  

FAR 199 Chantelle Owens Expected Air Date: 10/20/18 Opening We are excited today to be broadcasting the show via livestream from our studio in Sandy Springs, Atlanta. We have Chantelle Owens here with us and today we are going to be talking about tax liens. I call her the Queen of Tax Liens! Chantelle has a boot camp coming up here in Atlanta and we will be talking about that as well as the tax sale process in general. As a little bonus surprise I’ve been storing up some of your questions about tax liens just for this show. I’m going to throw them to Chantelle in a little while. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest:  Chantelle Owens, The Queen of Tax Liens Emails: [email protected]  Tell us where you’re from! Cher, Silver Spring, MD, “What’s the difference between a Tax Deed and a Tax Certificate?” Anthony, Boulder, CO, “When I buy a tax lien, I really just want the 12% return on my money. I don’t want the property. What do I do if I end up with an unredeemed property?” Scarlett, Pittsburgh, PA, “Where can I go to learn about the properties being sold in the tax sale?” James, Stockbridge, GA, “How long is the redemption period?” Aubrey, Tampa, FL, “If I buy a tax deed and the property has a mortgage on it, do I have to pay off the mortgage or what do I do?” Winona, Baltimore, MD, “I have never owned a business and don’t really want to. I have looked into owning rentals and don’t think I want to do that either. But I like the house flipping TV shows and I enjoy your show as well. I think I want to be involved in real estate, but I just want to put money into something safe with a good return. What would you recommend?” Gary, Anderson, IN, “I plan to buy a fix and flip with a hard money loan, move into it for 6 to 8 months while I’m working on it, sell, then move on to the next one. A friend told me it wouldn’t work. Who is right?” Brad, Macon, GA, “I’m looking at a package of 23 single family homes. The seller is asking $1.4 million (about 61k avg.) for them. The average monthly income for the past 12 months has been $13,800. Four of the houses are vacant and have been for about 3 months. So that would take the income up if I got them rented out. I’m not sure how to approach this deal. I’ve always wanted to own rental properties and this seems like a way to get a bunch at one time.”

FAR 198 The Guru Scam Expected Air Date: 10/18/18 Opening A friend sent me an email the other day with information about a real estate seminar he had signed up to attend. Wanted me to check it out and tell him what I thought. I did some checking and told him he was in for a high pressure sales pitch that rivaled something between a time-share and a used car. But they would be much more polished than either - in fact, you might not even realize you were being conned. I’ve seen these hucksters for years traveling the countryside taking people’s money and providing cheap canned information that anyone could learn for free. What’s worse is they know exactly how to convince you to pay $20-$50,000 and get their money by “helping” you raise your limits on existing credit cards or by borrowing from life insurance policies or your 401-K. If you’ve listened to my shows awhile you know I tend to get on a rant about this practice, but today I’m going to back up and have a little fun. A little later on I’m going to give you my Top Ten signs you’re real estate seminar is a worthless con. We also have Bre Braswell joining us today. She is a Principal at Sole Source Funding and she’s going to tell you how you can get up to $250,000 in unsecured funding to use in your business. That’s right. $250,000. Unsecured. Not attached to your personal credit. Game-changer. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest:  Bre Braswell, Sole Source Funding Topic: The Top Ten Ways to Know Your Real Estate Seminar is Actually a Con: The “nationally known” guru is not in attendance. Whose experience is being taught? Who has the experience to be able to credibly answer audience questions? What is the actual experience of the presenter and can it be verified? The name of the company behind the event is vague, not mentioned, or purposely mis-leading. Where is their headquarters? Who is the person or persons behind this company? Someone did the work to gain the experience to teach. This can be taught from a curriculum and a powerpoint, but the most polished professional who is also inexperienced cannot truly serve a real estate audience. The Presenter’s real estate credentials cannot be easily verified. Does he or she provide addresses of actual properties flipped? The Presenter does this presentation more than once a month. If they travel and do this presentation more than once a month there is NO possible way they are actively fixing and flipping houses. Early in the presentation (usually within the first two hours), they will have you fill out a worksheet with all of your assets as possible funding sources. Available credit card spending, 401k balance, cash value of insurance policies, etc. Later they will use this information to prove to you that you actually can afford their 20-50k in training. They take time to teach you how to call your credit card providers and ask for an increase in your limit. The really sneaky ones will put you in a group, challenge everyone to do it, bring you back and see if you collectively came up with an amount that would buy a house. They make lots of promises to you. And they will seem great! Results - lifestyle. They have an emotional story of their own financial distress and real estate saved the day. They will not let you take photos of the screens or record the event. They want to sell you another more expensive course. Free - Low Cost - High Cost - Upgrade. Ways to check ahead of time: Check the name of the company. Look at their website. See what they emphasize. Google the name of the company followed by the word “reviews.” This may not be helpful, but it can be. One company I researched had over 1000 hits on a website called “Ripoff Report.” Anyone can say anything there and not all of it should be believed. But 1000 reports? Ask in online forums - Bigger Pockets, Connected Investors, Facebook Groups, Google Plus Groups etc. What have you heard about …? At the event, get the presenter’s full name. Find out where he/she is from. Note as many property addresses as you can during the event. Check those addresses online for ownership and transfers of ownership. Look for an entity that owned the property for 4-6 months in the past two years. Later on, if you get a chance to speak with the presenter, casually drop the name of the entity you found and see if you get a glimmer of recognition. If you’re convinced they are lying, just for fun, make up an entity name (or use your own if you have one) and ask them if that was the entity that bought 123 Main St (or whatever). See if they say yes. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day Earn a lot so you can have a lot so you can give a lot. -Tom Olson

FAR 197 Leslie Smith, Commercial Direct Expected Air Date: 10/15/18 Opening Leslie Smith led the launch of Silver Hill Funding in 2016, and is building on that experience to spearhead the launch of the consumer-facing direct lender, Commercial Direct. An experienced financial services professional and thought leader with more than 20 years in the industry, she has been instrumental in leading multiple initiatives that expanded companies into international markets, as well as developing systems and programs to drive operational productivity and efficiency. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest:  Leslie Smith, Commercial Direct Lending Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Sonia, Madison, WI “I was channel surfing while driving through Milwaukee the other day and caught a bit of your show. Good information. I’ve love those house flipping TV shows! How would a person go about getting into this business?” Sandra, Long Beach, CA “I’m thinking about buying a couple of rental houses up in the Valley but at over 2 hours of driving each way, I don’t want to have to be running up there every time someone needs a light bulb changed. What options do I have?” Kwame, Cincinatti, OH, “Do I take a great deal on an old house with a big rehab or an ok deal on a 6 year old house with a light rehab. I listen to you show - I can’t do both.” Samuel, Pittsburgh, PA, “Do you think the Steelers have a realistic shot at the Super Bowl this year? Just kidding. My real question is after Saturday do you think Notre Dame should still be a top ten team? Still kidding. Seriously, what are the best 2 or 3 ways to look for my next rental? I have a good job, just trying to buy 1 rental every year. I have 2 already. I bought the first one before I heard of you and bought the second one after listening to your show for awhile. The second one is doing much better. I like managing myself and plan to do that until I get to 8 or 10.” Risa, Atlanta, GA and San Juan, PR. “Are the principles for investing on the mainland the same as in Puerto Rico? I’m thinking about buying a vacation rental back home.” Motivational Thoughts for the day Earn a lot so you can have a lot so you can give a lot. -Tom Olson

FAR 196 Tom Olson, Community Go Giver Expected Air Date: 10/11/18 Opening Tom Olson is a very active Real Estate investor working in Northwest Indiana Area. Tom and his teams at Olson Group provide lending, turn key, and active turn key investment opportunities to today's smart investor. Tom and his teams manage his rental portfolio which includes traditional rentals and short term vacation rentals. Tom has been a real estate entrepreneur for over a decade and has been apart of over 1500 real estate transactions. Tom and his team at Good Success, lead the Community Go Giver event each year, to help showcase how people like Tom and companies like Olson Group are having a positive impact on their community and to encourage other real estate investors to do the same.  Tom also has a mastermind for elite active real estate entrepreneurs called the Good Success Mastermind. You can check them out on social media, the Good Success podcast or online at www.goodsuccess.com   Tom has been in construction for over 20 years, Tom has been a part of over 1,500 transactions since 2007 and completed over 600 rehabs.  Olson Construction Management offers Full Service Construction management and world class Property management for the Active turn key and turn key properties they provide to smart investors. Tom also offers lending opportunities to people looking to get a steady return with less headache and less time involved than owning real estate. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest:  Tom Olson, Community Go Giver Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! From a wholesaler in Atlanta: “Why can’t I get my properties moved out?” Motivational Thoughts for the day Earn a lot so you can have a lot so you can give a lot. -Tom Olson

FAR 193 Expected Air Date: 10/1/18 Opening Thank you Kathy. It has come to my attention that I have missed a question that is waiting. When we wrapped up two shows ago I had a question from Ashton in Austin about note-buying and I didn’t get to it on the last show, so I’m going to start with it today. Ashton, Austin, TX, “Really enjoyed the show with Scott Carson, Can you explain the math on buying notes? I don’t see how it makes much money.” How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Topic: FlipStarter! What would it feel like to make a confident offer on an investment property, knowing that you know how much money you can make on it, and you understand how the variables impact your bottom line as you negotiate? Purchase Price Holding Costs Repairs Holding ARV Selling Costs What would it do for your confidence to know with certainty what you will sell this property for? Learn to think like an appraiser. Understand the ins and outs of property valuation. We will help you be able to compare one possibility with another, selecting only the best most profitable projects. “Property Grade” App. Use our Deal Analysis to buy with confidence. MAO formula Repair Formula Hold Time Formula Costs Formula Daily Cost Formula ROI Formula (annualized) ROC Formula (annualized) Rental Purchase Formula How to find the deals. Hear about 10 sources for deals we use here at Flipping America. How to fund your deals. Hear about all your options and learn how to compare them. How would it feel to be able to buy as many flip properties as you can handle without using any of your own money? All you have to do is work the project. The money is handled. Yes we are going to talk about raising private money to fund your deals, but we are also going to show you how you can walk away Saturday afternoon with financial commitments to cover as many deals as you can handle. The person making that commitment will be in the room and will make that commitment to anyone who qualifies. Wouldn’t it be great if you never had to spend your own money and you never had to spend any time raising money? Just focus on the deals. You will have the chance to become part of the Flipping America family of investors. We shun the “guru” model. We have options for those with differing situations, but once you are in the family, there is no upsell to move into a select inner circle or platinum level. These are contrivances developed solely to put more of your money into the gurus’ pockets. Am I missing an opportunity here? Perhaps, but one thing is clear -- my priority is your success. When I help you achieve your financial goals, my success will take care of itself. How would it feel to have a clear process in finding, hiring and managing Contractors? Our students average 15-20k profit on each flip using none of their own money. What would it do for your life if you could do just two of these next year? How would it feel to know that someone has your back - that you have an experienced coach who will guide you through the process, helping make sure you complete the project on time and on budget? Wouldn’t it be great if someone could give you a little guidance on the best way to set up your business? Done. We cover everything from how to choose a name and a logo to getting organized and recognized by both the state and the federal governments so you are ready to go. No one does this business alone. You’ll need to recruit a team - not employees, but others in the business who are essential for your success. These include professional deal finders, Realtors, Contractors, Lenders, Attorneys, and more. We will show you why you need each of these individuals and point you in the right direction to find them. We will introduce creative deal making. I will show you how I scaled my business from a part time 2-3 houses a year into a business that flipped more than 100 houses a year with minimal employees and all from a home office. Growing and scaling your business requires the right mindset and the right systems. We will conclude the day by talking some about both of these essential topics. Every module in this course - all six of them - are designed to be worth the entire cost of admission. I had a marketing coach awhile back who attended FlipStarter and criticized it because I “gave away too much information.” While I listened respectfully I couldn’t help but think one word -- “perfect!” I’ve been told I’ll never build a $50 million dollar training business if I don’t follow the proven techniques. My response? I’m not trying to build a $50 million dollar training business. I’m trying to make a positive difference in lives. My goal is to train the next generation of real estate millionaires. My hope is that through the values we teach and pass on, the public’s perception of real estate investors as a whole will improve. My dream is that a generation of investors would refuse to take short cuts in property repairs, treat tenants with respect and provide safe clean affordable housing, work with cities and towns to improve neighborhoods one house at a time. My plan is to inform thousands through FlipStarter, work with hundreds in our mentoring program, and working together touch a million lives with something positive. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Margaret, Villages of Ocala, FL “I’d be interested in hearing how flipping properties in real life is different from what we see on the TV shows.” Etienne, Los Angeles, CA “What are some of the unique things about your training?” Anti-Guru model Deal Funding Coaching, no further upfront financial commitment Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’ Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

FAR 192 Kory Angelin Expected Air Date: 9/29/18 Opening We have a little bit of a selling and marketing theme going on this week on the show. Today we are joined by Kory Angelin who is going to tell us if we have something to sell, stop selling. Start relating. Remember what I said previously that in this business we are selling all the time. We are not selling our houses. We are selling ourselves, our reputation, our credibility, and our experience. This is how we are able to grow and scale our businesses. Kory Angelin is an Award-Winning Trainer and 2-time published author with over 25 years in the fitness industry.  He is a Regional Educator for 24 Hour Fitness working to help carry out their brand message. His industry experience includes partnering with NIKE to launch their SPARQ Brand, worked with a variety of athletes from the NFL and NBA and has been featured in "Sports Illustrated", "USA TODAY", "Training & Conditioning" and "STACK" Magazines for his work in the fitness industry.  Kory has been an on-air host on QVC and is a sought after motivational speaker. He holds a bachelors degree in Sports Medicine and has just launched his second book entitled #Sellout. To listen to Kory's podcast or to find out more info., you can log on to www.koryangelin.com. I had a little fun and got a little training from Kory right on the show. I asked him to help me “sell out” my next event, FlipStarter and he had some very practical and specific ideas for me. I thought I’d be putting him on the spot, but he turned that around and put me on the spot.  As you listen, I want you to imagine answering his questions for your business and for yourself. It may be challenging, but as Kory says, put the work in up front and the rest takes care of itself. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.cnbc.com/2018/09/21/3-places-for-a-tropical-beachfront-retirement-outside-hurricane-zone.html https://www.cnbc.com/video/2018/09/19/august-housing-starts-up-9-point-2-percent-housing-permits-down-5-point-7-percent.html https://www.cnbc.com/2018/09/12/warning-sign-the-epicenter-of-the-housing-bust-is-booming-again.html https://www.cnbc.com/2018/09/25/home-prices-rise-at-a-slower-rate-in-july-sp-case-shiller.html https://www.fortunebuilders.com/2018-real-estate-trends/ Guest:  Kory Angelin How to improve your approach: Pretend to buy a product or service Shadow people crushing it. Role play yourself. Plant seeds Overcome objections Ask questions that tap into the middle part of the brain. Objections “No” sometimes means you didn’t explain it. Objections almost always come down to “money.” Ask questions that get to the middle brain - the emotional center. Topic: Selling Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected]  Tell us where you’re from! Amber, Boston, MA, “I am interested in coming to Atlanta for the FlipStarter Event. Can you tell me where it will be held so I can plan to be on that side of town?” Harold, Lancaster PA, “I have 7 rentals in Memphis, TN, but I’m having issues with the management there. I believe they are charging too much for standard repairs and maintenance items. For example, they installed a new water heater at a property and charged me $950. How would you handle this?” Motivational Thoughts for the day To Begin, Begin, William Wordsworth

FAR 191 Steve Rigby, Selling with SMILE Expected Air Date: 9/27/18 Opening Thank you Kathy Curtis! Today our guest is Steve Rigby, author of the book “S.M.I.L.E. How a People First Philosophy Creates Extraordinary Sales.” In our conversation we are going to break down the major points of his book and talk about specific ways to improve our relationships as a way of increasing sales. For nearly two decades, Steve Rigby served the homebuilding industry as both a student and a teacher of selling, managing, and training. Steve was responsible for directing the sales efforts for three of the nation’s top-ten public homebuilders. As a result, those companies experienced tremendous growth with very healthy bottom lines. In the past decade plus, Steve has continued to prove his proficiency as a thought leader through his own business, New Wings Consulting, LLC, which serves companies across a variety of industries. As he’s accustomed to seeing, those companies are also experiencing tremendous growth and very healthy bottom lines. Steve resides on Lake Travis, just outside Austin, Texas  with his wife, Susan, their two horses, Blondie and Envy, and their dog, Drizzle. If you’re up for a visit, he and Susan conduct retreats at their cabin on the lake. Those who have been there will tell you it’s something worth considering! How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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://money.usnews.com/investing/real-estate-investments/slideshows/7-ways-to-invest-in-real-estate-without-buying-property https://www.realtor.com/news/trends/housing-market-finally-becoming-buyers-market/ https://realestate.usnews.com/real-estate/articles/can-you-actually-turn-a-profit-flipping-homes-in-todays-market https://www.realtor.com/news/trends/10-wealthy-enclaves-highest-home-prices/ Guest:  Steve Rigby Imagine everyone I meet is wearing a sign that says, “Make me feel important.” Keep it Simple It’s up to Me I    Identify the individual (personality type) Little Decisions Enjoy 7 Rules of Shopping. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Note from staff: So what ARE you saying about the market over the next 12 months?  Here are Flipping America we are continually monitoring a number of data points not just in the Atlanta market but nationally. Data points include default rate and mortgage rate (not the same thing and they are at historic lows right now), Home sales volume (trends), Home prices (year over year trends) and new construction starts. There are other factors that are more difficult to quantify in a chart, but we pay attention to lending guideline changes, the sales of sub-prime loans on the secondary market (hint: securitization of those loans never stopped), and the impact of mortgage interest rates to name a few. In our view, the collapse of 2007-08 was unprecedented and unlikely to be repeated in our lifetime. But the real estate market does correct and is somewhat cyclical. We are projecting a return to a balanced market (3 month supply of homes) in the next 6-12 months. This means it will take a little longer to sell, investors will have to put more effort into selling, but there will be more inventory to buy as well. Coastal regions will likely see price reductions over the next 12 months, but the rest of the country will see above average increase in values (around 5-6%) for the next year. We think Atlanta will finish 2018 with a 7% year over year gain but this will slow down in 2019. Randy, Sheboygan, MI, “Would you recommend people start off wholesaling? I don’t have a lot of money to buy a fix and flip.” Lorrie, Milwaukee, WI, “Do you decorate your flip houses for the holidays?” Ashton, Austin, TX, “Really enjoyed the show with Scott Carson, Can you explain the math on buying notes? I don’t see how it makes much money.” Motivational Thoughts for the day To Begin, Begin, William Wordsworth

FAR 190 DT Investments, Jim Beach Expected Air Date: 9/24/18 Opening Hello everyone, it’s time to get involved in Real Estate. There are 85 major ways to make money in real estate and several variations of some of those methods. The opportunities are numerous and the variety is nearly endless, but all of real estate investing can be summarized around three primary activities: Buy with the intent to improve and re-sell relatively quickly. Buy with the intent to create income with the property for a longer term. Invest in the activities of 1 or 2. I’ve been looking for someone who manages a REIT to come on the show and talk about the opportunities there and you regular listeners know that I have nothing against REITs or crowd-funding real estate. Both have interesting possibilities, albeit not such a great return on the money. If you have a little bit more money and are an accredited investor, you’re going to want to stay tuned today. My good friend Jim Beach is going to be on the show in a few moments and we are going to talk about, among other things, and incredible private offering that is set to take on the big boys. This fund invests only in short-term flips. Full disclosure, I’m one of the partners in the firm. Jim is a former Coca Cola executive but long-time entrepreneur. He founded a technology company and sold out years ago, wrote the best-selling book, “School for Startups” and for the past several years has been the host of a radio show called School for Startups. He has had everybody who is anybody in the world of business on his show. Jim travels the world teaching the principles of entrepreneurship. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest:  Jim Beach, DT Investment Funds Topic: Entrepreneurship Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day To Begin, Begin, William Wordsworth

FAR 189 Scott Carson Expected Air Date: 9/22/18 Opening Great show coming to you today. Scott Carson (aka “the Note Guy) has been an active real estate investor since 2002 and solely focused on the note industry since 2008 where he buys and sells non-performing mortgages directly from banks and hedge funds all across the country. Scott is the CEO of WeCloseNotes.com and the creator of the Note Buying for Dummies workshop that focuses on the 3 F’s of Note Buying… The Find, Fund, and Flip. He has purchased over a half billion dollars in distressed debt for his own portfolio and purchases assets in over 30 states across the United States. He is a highly sought-after speaker on distressed debt and was the 2014 Note Educator of the Year. He has also been featured in numerous newspapers including Investor’s Business Daily, the Wall Street Journal, and Inc.com. He has also helped thousands of other real estate investors come to the dark side of investing by plunging into the world of NPN’s or non-performing notes. An avid sports fan and reader, you can find him home in Austin, Texas when he isn’t buying assets for his own portfolio or sharing his love of the note game. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Think Realty Saturday and Sunday, Sept 22-23 FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest:  Scott Carson Topic: Note Buying and Selling Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Alana, Jonesboro, GA “I’m looking at a deal where the owner lives out of state, the tenant is a relative paying well below market rate. He wants her out but doesn’t want to evict his own relative. He just wants to sell the house. It’s worth about 130k. May need 25k in rehab. He’s open to seller financing. I mentioned offering him 50-60k and he didn’t say no. So what are my options or exit strategies?” Shamsideen, Boulder, CO “My partners and I are looking at various opportunities, apartments, hotels, and mini-warehouses, to be specific. Can you offer guidance for us as we decide where to put our money?” Motivational Thoughts for the day Your true success in life begins only when you make the commitment to become excellent at what you do. — Brian Tracy

FAR 188 Expected Air Date: 9/20/18 Opening I am Roger Blankenship and I teach people how to make money in real estate. There are dozens of ways to make money in real estate and they all can be summarized by one of three approaches: Buy with the intent to improve and quickly re-sell Buy with the intent to cash flow, grow equity through appreciation, and take advantage of tax structures. Invest in the activities of someone doing either or both of the first two categories. To that end, we are dedicated to providing you the best most accurate and up-to-date information we can to help you make the best decision for you, your family, and your money. We don’t encourage everyone to drop what you’re doing and start flipping houses like you see on TV, but we do encourage everyone to have real estate as a part of a balanced portfolio. As you can imagine we get lots of questions here at Flipping America and today we are going to address many of them. I’m also going to take time today to review the latest news in the real estate world and while doing that I’m going to pick on yet another useless news article. Here’s a hint: If the article headline says “How To..” I’m going to read the article expecting some step by step how-to information. That’s a fair expectation right? If that article instead provides vague generalizations it should not have been published and deserves to be mocked. C’mon people, let’s hold ourselves and each other to a higher standard for reporting, writing, and communicating! How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Think Realty Saturday and Sunday, Sept 22-23 FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. 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/best-places-live-2018/ https://www.housingwire.com/articles/46839-hud-secretary-ben-carson-lays-out-his-plans-for-affordable-housing-and-regulatory-reform https://www.housingwire.com/articles/46863-ftc-shuts-down-real-estate-websites-that-allegedly-preyed-on-section-8-renters https://gordcollins.com/real-estate/us-housing-market-looking-strong-2016-to-2020/ https://www.cnbc.com/video/2018/09/18/nahb-housing-market-index-at-67-in-september.html https://www.cnbc.com/video/2018/09/14/carolinas-real-estate-at-risk-from-florence.html https://money.usnews.com/investing/real-estate-investments/slideshows/9-reits-ideal-for-beginning-real-estate-investors?slide=3 https://www.investopedia.com/articles/etfs/top-real-estate-etfs/ “Useless article of the day award” https://money.usnews.com/investing/real-estate-investments/articles/2018-09-04/how-to-invest-in-luxury-real-estate Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Drew, Pascagoula, MI, “I’m looking at buying a group of properties and they are giving me a “Quit Claim” deed. Is that the same as a Quick Claim Deed? And I don’t really know what that is anyway. Could you explain? And is this ok, in your opinion?” Benton, Baltimore, MD, “I am looking at an opportunity to buy several townhomes in a rough section of town for under $5,000 each. I’ll have to spend 30-40k on each one to make them rent ready, but they will rent for $1000 each. This seems too good to be true, so tell me what I’m missing.” Lori, Milwaukee, WI, “What is the secret to raising private money?” Arden, Villages of Ocala, FL, “What return should I look for in my rental portfolio? I’m getting about 7.8% after all expenses are considered. I hear people talking about getting 12-15% and wonder how they do that.” Carter, Las Vegas, NV “I know the numbers and have had some training. But how do I actually pull the trigger on my first deal? I just can’t seem to?” Shamsideen, Boulder, CO “My partners and I are looking at various opportunities, apartments, hotels, and mini-warehouses, to be specific. Can you offer guidance for us as we decide where to put our money?” Motivational Thoughts for the day Your true success in life begins only when you make the commitment to become excellent at what you do. — Brian Tracy

FAR 187 Real Estate Leading Indicators Expected Air Date: 9/17/18 Opening Thoughts and Prayers: Hurricane Florence Nearly every event I attend or speak, someone is asking questions about the state of the market. Those who were paying attention 10 years ago when the market crashed are concerned it will happen again. We plan to continue to report on the state of the market as it goes through its inevitable cycles. We will talk about what we see, how we are applying it in our business and perhaps give you some ideas about yours. But we had a further thought about adding real value to your lives by sharing with you our data points and our sources for the information we share with you. Some of our data and research comes with a price attached, but today I’m going to give you some no-cost techniques that will enable you to stay on top of the real estate market. The question is always about the state of the current market, but what we really want to know is where the market is going. Are we going to crash? Is it going to keep going up? One of the great things about real estate in this regard is its LACK of volatility. Once you know where to look and what to look for, reading the real estate market isn’t rocket surgery. I’m going to talk about these things and how they impact your decision making in your real estate business. You are going to want the show notes from today so you can see a glimpse of how we research the market and keep in mind how this impacts our business. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Think Realty Saturday and Sunday, Sept 22-23 FlipStarter Nov 2-33, Atlanta, GA   Lunch with me every Wednesday. 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! The July data is in from CoreLogic, Home prices up 6.2% year over year. Also from CoreLogic, Rent prices are up 4.1% year over year. Scare Tactic Headline: https://www.cnbc.com/2018/07/09/the-hottest-housing-market-in-the-country-may-be-headed-for-a-crash.html The article itself debunks the premise of the headline. Guest:   Topic: Real Estate Investing’s Leading Indicators This is how we predict where the market is going. Pricing Trends. Impact: Informs our Offer strategy Where is the market heading in the past quarter? What is the year over year difference? Which direction is it heading? Average Days on Market. Saturation rate. Impact: Informs our Offer price due to hold time. How long does it take to sell a house? https://www.zillow.com/sellers-guide/average-time-to-sell-a-house/ https://www.thebalance.com/how-long-does-it-take-to-sell-a-house-1799050 https://smartasset.com/mortgage/how-long-does-it-take-to-sell-a-house https://www.inman.com/2017/11/10/5-key-factors-average-time-sell-house-every-homeowner-needs-know/ How many months (or weeks) supply of inventory is out there? 3 months is balanced At the rate properties are selling, how long would it take us to sell out the current inventory? Housing Starts https://www.census.gov/construction/nrc/pdf/newresconst.pdf https://tradingeconomics.com/united-states/housing-starts Permits issued are up slightly, Starts are down slightly, year over year. We cannot count on new housing starts in the near term to ease inventory concerns. Mortgage Default and foreclosure rates: Google: “Foreclosure Data” and “Default Rate” https://www.attomdata.com/news/market-trends/april-2018-foreclosure-starts-dataset/ https://www.frbatlanta.org/community-development/data-and-tools/foreclosure-resource-center.aspx?panel=1 https://www.realtytrac.com/statsandtrends/foreclosuretrends/ https://www.attomdata.com/pre-foreclosure-data/ https://www.housingwire.com/articles/43318-mortgage-delinquency-keeps-falling-drops-for-19th-straight-quarter The rate of foreclosure has dropped for 19 straight quarters. It is at an historic low and has nowhere to go but up. Therefore it is easy to predict it will go up soon, but that’s no reason to panic. The rate should grow until it reaches it’s historic average. Interest Rates: Impact - Rates determine relative affordability. Can impact sales. Overall Economic Conditions: Strong Economy, low unemployment = buyers. Weak or uncertain economy will slow market down. Construction Costs: Affect our rehab and holding costs, impact our initial offer. We buy in any market so what difference does it make? If we know where the market is heading we can make adjustments: Offer amount Rehab Scope Selling Price Anticipate holding costs more accurately. This is all a part of being a responsible business owner and is the difference between a true professional and someone who took a seminar and is buying properties with hope, optimism and crossed fingers. And this is why I say on nearly every show, “it’s not for everyone.” So what should you do with all this? If you’re in the real estate business these trends affect your business whether you are paying attention or not. The difference is your awareness of the situation. And this is the difference between being able to plan for the future or simply reacting to it when it gets here. Motivational Thoughts for the day Your true success in life begins only when you make the commitment to become excellent at what you do. — Brian Tracy

FAR 186 Expected Air Date: 9/13/18 Opening One of the great opportunities in front of you as a real estate investor is the chance to invest your money through a Roth IRA, make profit, grow that wealth and one day when you retire, pay NO taxes on the profits. That’s just ONE thing a self-directed IRA can do for you. We welcome to the show today a new sponsor, American IRA. American IRA is dedicated to helping investors grow their wealth through self-direction and there is a healthy focus on real estate. With offices in Asheville and Charlotte, NC and Atlanta, GA, American IRA is ready to get your started, point you in the right direction, and keep you safe as you navigate the sometimes murky waters of IRS regulations. American IRA founder and President Jim Hitt will be joining us in just a few minutes. Jim started his career in the restaurant business, got involved in real estate and just never looked back. He’s been in real estate in one way or another for three decades. His commitment is to help other investors grow their wealth wisely and safely through the use of retirement accounts. He’s going to tell us about the basic setup of an IRA, answer some key questions about structure, growing your funds, strategies for investing, and the different type of options available to you. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: September 12, Chantelle Owens at Flipping Atlanta, Tax Liens FlipStarter October 13, Atlanta, GA   Lunch with me every Wednesday. 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.   Guest: Jim Hitt, American IRA    Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Alphonso, Marietta, GA, “With the hurricanes threatening the east coast, can you comment about the impact of hurricanes and real estate investing?” Julian, Bay City, MI, “I watch the TV shows, and now I’ve found your show and I’m intrigued. There might be some opportunities around here, but we have long winters and I’m not sure it’s a good idea to be trying to do this in the winter time. What are your thoughts?” Cheryl, Washington, DC, “Does price range matter?” Polly, Visalia, CA, “I have an opportunity to buy an almond grove that is past its prime. The owner has gotten old and lost interest. The upside is our town needs housing and I could turn this into a nice subdivision of starter homes. But I have no idea how to proceed. Any suggestions?” Edward, Columbia, SC, “Someone told me that you mentioned on the show that our city is one of the few major metropolitan areas in the country that is NOT on fire. Why is that? And since I live in Columbia should I be looking elsewhere for opportunities?” Motivational Thoughts for the day Expect problems and eat them for breakfast. Alfred A. Montapert

FAR 185 The Harvest Expected Air Date: 9/10/18 Opening Real estate investing is like the weather - it’s always changing. But it’s unlike the weather in that you usually have to wait more than 5 minutes to see the change. With real estate, a multi-trillion dollar industry in the United States, you have multiple impact points each with their effect, but individually are like using a bumblebee to steer a barge into port. Example, Compass, opening a new office in Atlanta, talking about their use of proprietary technology to dominate the realty brokerage market. They will no doubt gain market share because of their deep pockets. But will they dominate? Unlikely. They represent a generation of investors enamored with technology and blinded by their own preference to machines over human interaction. But the entire company misses the point. Real estate sales require presence, that presence requires supervision, the supervision requires a trust, a set of ethical guidelines, enforced by a regulatory agency and ultimately there are licensed people - Realtors. When people are involved both as buyers and as representatives, relationships matter more than technology. Compass will survive, but will disappoint investors unless they master the people side of this. And their effect on the real estate market? Negligible at BEST. Most likely it will go completely unnoticed by most. Larger impact is seen through the activity of the government: interest rates, policy change, taxation. Interest rates: Direct impact on affordability and home sales. Policy Change: Example: loosening of capitalization requirements for lenders - more money and more creative loans available. Taxation: The tax laws passed last December have significantly affected home sales in the more expensive markets. Prices are dropping up and down the eastern seaboard. Soon to follow will be the luxury market Chicagoland and the west coast. We are tracking the changes, the impact points, and are sharing with you on what is becoming the fastest growing real estate show on the air. Today we are going to talk about the hot new markets in flipping houses, the decline of returns in flipping houses, a new bill in congress designed to ultimately eliminate Fannie Mae and Freddie Mac, and one of the MOST important factors millenials use when deciding to buy a home. This plus many of your questions coming up. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: September 12, Chantelle Owens at Flipping Atlanta, Tax Liens FlipStarter October 13, Atlanta, GA   Lunch with me every Wednesday. 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.cnbc.com/video/2018/09/06/rep-hensarling-why-ginnie-mae-is-better-than-fannie-and-freddie.html https://www.cnbc.com/2018/08/31/millennials-put-pets-first-when-buying-a-home.html https://www.cnbc.com/2018/09/05/its-better-to-rent-than-to-buy-in-todays-housing-market.html https://www.cnbc.com/2018/06/22/americas-best-states-to-live-in-2018.html?recirc=taboolainternal https://www.realtor.com/news/trends/home-flippers-heading/ https://www.realtor.com/news/trends/forget-hgtv-surprising-new-hottest-markets-home-flipping/ https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2018-u-s-home-sales-report/ https://www.cnbc.com/2018/09/04/starbucks-openings-predcit-higher-home-prices-says-harvard-study.html Topic: The Harvest. Bring in this years crop between now and December. Plant the seed for next year in November and December. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Candace, Boulder, CO, “The market here for buying a flip house is intensely competitive. I’m wondering if I should move to another area, buy deals with less profit, or try a different strategy.” When asked “what strategy she had in mind” she replied “lending.” Orville, Villages of Ocala, FL “I am an accredited investor and heard you mention a fund you were involved with. How do I get more information about it?” Carson, Jacksonville, FL “A friend sent me a copy of your talk on analyzing market trends and all I can say is thank you! This talk encouraged me to look into a different market over the weekend and I already have a new project under contract. What are the early signs of an area turning around?” Ophelia, Tampa, FL “I bought a couple of rental properties from one of those national gurus and instead of cash-flowing $200-300 per month, I’m actually losing money on them, when you add up all the extra expenses each year. What am I doing wrong? They told me these were good deals. I can’t afford to lose money each month.” Fernando, Austin, TX “I’m having a hard time understanding the rates and terms of hard money lenders. Everyone is different and the terminology is hard to follow. I think I understand LTV, but I thought the loan would be a percentage of the ARV. It’s something different - a lot less. And what is LTI? I’m like “well sure, yeah of course” with the lender because I don’t want to look stupid, but I’m not sure what we are even talking about.” Motivational Thoughts for the day Expect problems and eat them for breakfast. Alfred A. Montapert

FAR 184 Opportunity Spotting Expected Air Date: 9/8/18 Opening I get asked all the time about the market. When will this booming market end? Are we heading for a crash? When will it happen? How will it happen? What should I do to prepare? What’s it like to live through a market crash? Where is the opportunity now? What is the hottest market? Where should I be looking for deals? What’s it like to live in another country? Ok, that last one is a bit unrelated, but hey, during the crash, I considered finding out! Seriously though, everyone wants to know where they should be and what they should be doing. We spend time on this show figuring out just those answers and sharing them with you and we plan to continue for the foreseeable future. But today I’m going to teach you how to look for those opportunities yourself - just in case you want to know. So I’m going to provide the data points and the characteristics of a market that is, in our view, ripe for the picking. It’s like serving fish versus teaching you how to fish. We are going to keep on serving information you need, but today we are going to peek behind the curtain for a few minutes so you can read the circumstances like we do. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: September 12, Chantelle Owens at Flipping Atlanta, Tax Liens Lunch with me every Wednesday. 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.   Topic: Opportunity Spotting Motivational Thoughts for the day Act as if what you do makes a difference. It does. William James

FAR 183 Return Expected Air Date: 9/6/18 Opening Today we are going to talk about Returns. I’m not talking about tax returns - perhaps that’s another show. I’m talking about the Returns you receive. Yes I’ll discuss Return on Investment, but there’s also Return on Cash, Return on Equity Return on Assets. But there are other Returns in life beside the financial. There’s a Return on Effort, a Return on Deeds, a Return on Principles. Some of these things are difficult to precisely quantify, but we are going to do our best to provide food for your thinking. And I’m going to recommend you think through your investing decisions and using the ideas I’m sharing today, nearly every decision you make in your business is a type of investment and it will bring a “return.” There is a law of sowing and reaping discussed in the Bible. Some of us spend our youth sowing wild oats and then spend our adulthood praying for crop failure. Similar to this idea is the idea of Karma. We all have a few people that we would really like to say, “see that light ahead? That’s not the end of the tunnel, it’s the headlight of the Karma train about to visit you up close and personal.” From the computer business we get the old phrase GIGO - Garbage In Garbage Out. A computer can do amazing things amazingly fast, but the results are only as good as the programming that goes into it. All of these are just different ways of saying you get out of your investments, your job, your relationships, your church, your hobbies, your LIFE -- what you put into them. And this is generally true. So we are going to think about this, try to quantify some of it, and perhaps most importantly, try to help you understand how to respond and what to invest when you are on the wrong end of injustice. Because you know, sometimes life hands you a basket full of difficulties before you’ve ever had a chance to make mistakes. Occasionally we begin with an uphill struggle. It’s easy to think this is unfortunate, but for many, this challenging situation was the crucible in which their character, dedication, and determination were forged. And we MUST deal with the question of how to respond to a wrong when all we have done is sow good seed. We’ve invested kindness and it what we got in return was lies, cruelty, and heartache. I’m going to do my best to answer those questions in a few minutes when we talk about Returns. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: September 12, Chantelle Owens at Flipping Atlanta, Tax Liens Lunch with me every Wednesday. 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.investopedia.com/terms/r/return.asp https://www.investopedia.com/terms/r/returnonassets.asp https://www.investopedia.com/investing/roa-and-roe-give-clear-picture-corporate-health/ Topic: Returns Financial Returns Return on Investment Return on Cash (annualize these) Return on Equity Return on Assets Non Financial Returns Return on Effort Return on Deeds Return on Principles Emails: [email protected] Tell us where you’re from! Buster, Colorado Springs, CO “I’ve bought a ski resort cabin with my self-directed IRA. What is the limit on how much time I can use it each year?” Andi, Long Beach, CA “I’m looking at a flip here in Long Beach. The house is a run down 1800 sf 3/1 that I can buy for 600k. I put 70k into it and can sell it for 800. But when I calculate the interest for a loan to do this, it almost seems not worth doing. I have to put $100,000 into it and in the end I’ll net about 30k. Am I looking at this wrong? Is there something else I should be doing with the money?” Caroline, Birmingham, AL “I just heard about your Menternship and read about it on your website. Am I too late to join?” Albert, Harrisburg, PA, “How do you handle buying deals from HUD, Banks, or wholesalers that do not allow a due diligence period?” Motivational Thoughts for the day Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence. Helen Keller

FAR 182 Expected Air Date: 8/30/18 Opening I realized after we concluded Monday’s show that I had promised to make fun of a “news” story about real estate and I had just run out of time. So I’m leading off today by keeping that promise to you. Real estate is not a controversial topic and is largely apolitical. We try our best to keep politics out of this show. But I suppose I shouldn’t be surprised when a reporter’s bias sneaks through in subtle ways. That’s my reason for sharing this article with you - not because I deeply care about what she is wrong about, but because I want YOU to pay attention to the way words can reflect bias and shape opinion. So here comes the headline... How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: September 12, Chantelle Owens at Flipping Atlanta, Tax Liens Lunch with me every Wednesday. 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/real-estate-news/mortgage-rates-tumble-housing-starts-drag-economy/ Emails: [email protected] Tell us where you’re from! Madison, Atlanta, GA, “When you are renovating something to rent, how is that different from renovating to sell?” Carl, Charlotte, NC, “I wanted to come to your mentoring classes this week but just couldn’t get away from here for four days. Will you be coming to Charlotte or do you have an online course I can take?” Evan, Lancaster, PA, “What are the numbers I should look for when buying something to flip?” Charlene, Villages of Ocala, FL, “I have half a dozen possibilities here, and none of them fit the MAO formula, but they are all coming in about 80% of ARV. The good news is, I can buy four of them subject to. Do you ever make exceptions on your MAO rule if you can use creative financing to buy them?” Elian, Jacksonville, FL, “Is the ‘no money down’ deal really possible? If so, how does it work?” Rachel, Elizabethtown, KY “How do you decide whether to keep a property to flip or keep it for a rental?” Motivational Thoughts for the day Act as if what you do makes a difference. It does. William James

FAR 181 Expected Air Date: 8/27/18 Opening Good morning everyone! A year ago I predicted that by mid-2018 the real estate sales would be slowing down and heading toward a balanced market. Was I right? I’ve got the answer for you today. A month ago it looked like I had missed on this prediction but there is more news today that points to a conclusive trend. In a few minutes I’m going to dig into the new data. I’m also going to pick on a “not news” story disguised as news. Rather than just labeling it “fake news” and moving on, I’m going to show you how bias can affect a choice of words that could lead readers to a desired, yet not necessarily correct conclusion. Today we are going to dig into more of your questions about the opportunities out there and some of the challenges you are facing. All this is coming up in a few moments. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: The Flipping America Mentoring Program, August 28-31, Sandy Springs, GA Menternship Also. Ten Deal Sources explored and explained. Complete Deal Analysis. Finding the re-sale value of any residential property in the U.S. How to estimate repairs from your desktop. How to finalize a repair estimate through a site visit. Structuring your business for effectiveness and asset protection How to set up a web site for your business. Understanding the various ways to get your deal funded. Learn creative deal structures. The mini-course in negotiating The full course in renovation. How to find, vet, and hire contractors. How to manage the process How to solve the inevitable problems that arise. Learn how you could get your deal 100% funded - not just your next one, but every deal you ever do from now on. Get all the forms, the documents, the checklists, the procedures Get the scripts for your conversations Hiring questions for realtors and contractors Answering the phone Talking to sellers Build rapport Get key information Learn motivation The course comes with on-going weekly group coaching calls You also get one-on-one guidance through your first four flips. This is the three day dive into a year’s worth of training and guidance. But our commitment to you doesn’t end in one year. We are with you at LEAST through your first four flips and definitely until you have more than doubled your training investment. What is the investment? What is reasonable? Let’s talk about $50,000. The cost is $12,967, but if you use the coupon code “radio” your cost is $9,967. Go to www.flippingamericanetwork.com/Mentoring and sign up today. We only take about 10 people per class and several have already signed up. There’s just a few seats left. Lunch with me every Wednesday. Monday the 27th of August, speaking at the West REIA, Cherokee Cattle Company, Marietta, GA 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.attomdata.com/news/market-trends/foreclosures/july-2018-u-s-foreclosure-market-report/ https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2018-u-s-home-sales-report/ https://www.realtor.com/news/real-estate-news/existing-home-sales-fell-fourth-straight-month-july/ https://www.realtor.com/news/real-estate-news/mortgage-rates-tumble-housing-starts-drag-economy/ https://www.nreionline.com/lending/new-opportunities-open-capital-markets-amid-dodd-frank-rollbacks https://www.nreionline.com/finance-investment/what-every-real-estate-investor-should-know-about-cost-segregation https://constructionliens.uslegal.com/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Milton, Kansas City, MO, “I heard you talk about a Commencement of Work document and I wonder if you know whether it is required or recommended in Missouri?” https://constructionliens.uslegal.com/ Harold, Detroit, MI, “We have so many types of opportunities here in Detroit right now - older homes in the city and relatively newer homes in the close-in suburbs - but they are still 40 years old. I’m not sure where to start or should I just take the first opportunity that comes to me?” Jennifer, Nashville TN, “I am working on a rehab project and when I go visit the site I really don’t know what they are doing or how well they are doing it. I’m faking it, and I think they might know I’m faking it. How do I get the knowledge I need?” Community College Big Box store courses Do something yourself - get advice from your local building supply store. Don’t be afraid to ask questions. Don’t be afraid to look dumb. You are not expected to be an expert in home construction right now. The contractor will respect your honesty and your ability to put the deal together. Ashley, Boulder, CO, “I’m having a problem getting a contractor to even look at my rental house. Everyone claims they are too busy. I think it’s because I’m a woman. I know you are a man but do you find that other women have this problem? Have you seen them overcome it and if so, how?” Al, Ann Arbor, MI “I’m doing a few flips each year here in my area but people are talking a lot about Detroit. It’s about a hour’s drive for me but I’m wondering what you would do in my shoes?” Steven, Waukesha, WI “It’s late August and I’m looking at a couple of real deals here, but winter is coming and I’ll be trying to sell them in January. Should I hold off?” Motivational Thoughts for the day Act as if what you do makes a difference. It does. William James

FAR 180 Expected Air Date: 8/25/18 Opening We get one chance at this life. We owe it to ourselves to get it right. That doesn’t mean we should expect perfection. What it DOES mean is we should take enough time to think about what we are doing and where we are going to improve the quality of our decisions along the way. When it comes to real estate it’s easy to make a $10,000 mistake. But if you make enough of those you are going to wind up in trouble. Today we are going to help you get it right -- Get it right when you purchase a property. Get it right when you create a repair budget. Get it right when you make repairs. Get it right when you rent it out. Get it right when you sell it. You’ll find that if you’re willing to go to war with the details and get some things right, your business is going go better and let’s face it, if your business goes better, life goes better. In the news coming up we FINALLY have a reason to go to Baltimore. Ok, no offense to Pat Dornan with Ultimate Rehab Estimator, but Baltimore isn’t one of our favorite places to visit, but that’s about to change. I’ll tell you why coming up. Also today, the world’s largest Sovereign Wealth Fund missed it’s quarterly return target for the second quarter in a row. I’ll tell you about the fund and what a pitiful job they are doing in just a few minutes. Also on the show today, some things you need to know about flood insurance and living in a flood zone. All that and more coming up... How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: TONIGHT the 27th of August, speaking at the West REIA, Cherokee Cattle Company, Marietta, GA 6:30 pm The Flipping America Mentoring Program, August 28-31, Sandy Springs, GA Menternship Also. Ten Deal Sources explored and explained. Complete Deal Analysis. Finding the re-sale value of any residential property in the U.S. How to estimate repairs from your desktop. How to finalize a repair estimate through a site visit. Structuring your business for effectiveness and asset protection How to set up a web site for your business. Understanding the various ways to get your deal funded. Learn creative deal structures. The mini-course in negotiating The full course in renovation. How to find, vet, and hire contractors. How to manage the process How to solve the inevitable problems that arise. Learn how you could get your deal 100% funded - not just your next one, but every deal you ever do from now on. Get all the forms, the documents, the checklists, the procedures Get the scripts for your conversations Hiring questions for realtors and contractors Answering the phone Talking to sellers Build rapport Get key information Learn motivation The course comes with on-going weekly group coaching calls You also get one-on-one guidance through your first four flips. This is the three day dive into a year’s worth of training and guidance. But our commitment to you doesn’t end in one year. We are with you at LEAST through your first four flips and definitely until you have more than doubled your training investment. What is the investment? What is reasonable? Let’s talk about $50,000. The cost is $12,967, but if you use the coupon code “radio” your cost is $9,967. Go to www.flippingamericanetwork.com/Mentoring and sign up today. We only take about 10 people per class and several have already signed up. There’s just a few seats left. Lunch with me every Wednesday. 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.cnbc.com/2018/08/21/the-worlds-largest-sovereign-wealth-fund-just-missed-its-own-target.html https://www.cnbc.com/video/2018/08/16/housing-market-shifting-to-buyers-homebuyer-home-seller.html https://www.realtor.com/news/real-estate-news/ https://www.cnbc.com/2018/08/14/5-things-homebuyers-must-know-about-flood-insurance-.html https://www.cnbc.com/2018/08/14/ireland-in-maryland-guinness-opens-first-us-brewery-in-60-years.html Topic: Get it Right Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Evangelina, Baltimore, MD, “I understand the MAO formula. But I can’t find any deals that fit that number. Several of my friends are buying above the price that formula recommends and they seem to be doing ok. Can you explain some of the reasoning behind it?” Roderick, Tampa, FL, “I want to buy rental properties. It seems like if the property has $200/month or more in positive cash flow I should be fine. But one of my friends said I should check with you. No offense but I had never heard of you until now. Am I missing something here? $2400 a year is good money and with 10 of those I can quit my job.” Stephen, Boulder, CO, “Can you explain the difference between cap rate and cash on cash return? What should I be looking for when buying a single family rental?” Sherry, Sebring, FL, “What are the key steps when buying a flip project in another town?” Lynetta, Jackson, WY, “We want to bounce back and forth between Jackson and Austin, TX, you know, avoiding the weather extremes but getting in some skiing when we want, etc. We are both in our mid 50’s and our question is should we buy something in both places or just do longer-term rentals? We could pay cash for both places, but can’t help but wonder if our cash is better off elsewhere.” Rhonda, Milwaukee, “Estimating a rehab is overwhelming to me. I just don’t know where to start. Please help.” Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -- Zig Ziglar

FAR 179 Expected Air Date: 8/23/18 Opening We’ve had great feedback from the home technology show with Don DeRosa. If you missed it you can still listen to it both on the Flipping America App, where it is show # 147 or watch the video of the interview on our YouTube Channel. But we continue to get questions about technology, not just the technology we put into our properties, but the technology we use to make our businesses run and work. A little later on, I’m going to answer that question for you and tell you about the technology solutions we use here in our business. And I’m going to answer a question we get quite often: “How do you send out social media messages all day long? Do you have an employee that just sits there tweeting thing s out?” Fannie Mae and Freddie Mac are out with a new loan product this month which I believe will have a significant impact in 5 years and that impact won’t be a good thing. But take heart investors! With every dumb decision followed by inevitable loss and heartache, there is opportunity for someone. I’m going to break down the news, tell you what’s going to happen, and prepare you for the fallout. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: The Flipping America Mentoring Program, August 28-31, Sandy Springs, GA Menternship Also. Ten Deal Sources explored and explained. Complete Deal Analysis. Finding the re-sale value of any residential property in the U.S. How to estimate repairs from your desktop. How to finalize a repair estimate through a site visit. Structuring your business for effectiveness and asset protection How to set up a web site for your business. Understanding the various ways to get your deal funded. Learn creative deal structures. The mini-course in negotiating The full course in renovation. How to find, vet, and hire contractors. How to manage the process How to solve the inevitable problems that arise. Learn how you could get your deal 100% funded - not just your next one, but every deal you ever do from now on. Get all the forms, the documents, the checklists, the procedures Get the scripts for your conversations Hiring questions for realtors and contractors Answering the phone Talking to sellers Build rapport Get key information Learn motivation The course comes with on-going weekly group coaching calls You also get one-on-one guidance through your first four flips. This is the three day dive into a year’s worth of training and guidance. But our commitment to you doesn’t end in one year. We are with you at LEAST through your first four flips and definitely until you have more than doubled your training investment. What is the investment? What is reasonable? Let’s talk about $50,000. The cost is $12,967, but if you use the coupon code “radio” your cost is $9,967. Go to www.flippingamericanetwork.com/Mentoring and sign up today. We only take about 10 people per class and several have already signed up. There’s just a few seats left. Lunch with me every Wednesday. Monday the 27th of August, speaking at the West REIA, Cherokee Cattle Company, Marietta, GA 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.foxbusiness.com/personal-finance/fannie-mae-freddie-mac-offer-home-loans-for-3-down Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Vincent, Macon, GA, “It seems that all the great deals are in a bad part of town. Is that true everywhere? How do I make any money there?” Elise, Port St. Lucie, FL, “I really liked the show you did on smart home technology. Can you talk a bit about the technology, programs, apps, and other solutions you use in your real estate business?” Stephen, Boulder, CO, “Can you explain the difference between cap rate and cash on cash return? What should I be looking for when buying a single family rental?” Sherry, Sebring, FL, “What are the key steps when buying a flip project in another town?” Lynetta, Jackson, WY, “We want to bounce back and forth between Jackson and Austin, TX, you know, avoiding the weather extremes but getting in some skiing when we want, etc. We are both in our mid 50’s and our question is should we buy something in both places or just do longer-term rentals? We could pay cash for both places, but can’t help but wonder if our cash is better off elsewhere.” Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -- Zig Ziglar

FAR 175 Expected Air Date: 8/9/18 Opening www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Thursday August 9th, speaking at Flipping Atlanta “Investing in Real Estate with Your Self-Directed IRA” Tuesday August 14th, speaking at Catalyst, “Contractor Impossible” 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.news-press.com/story/money/2018/08/05/five-reasons-why-real-estate-market-year-could-southwest-florida-best-ever/852009002/ https://www.postandcourier.com/business/real_estate/school-re-openings-influence-local-real-estate-market/article_94f4410c-9504-11e8-b4db-57424629d9af.html https://www.dailyrepublic.com/projects/home-seller/solano-real-estate-scene-are-we-in-another-housing-market-bubble/ https://www.wthr.com/article/watch-real-estate-update-market-slowing-down http://www.crainsdetroit.com/article/20180805/news/667746/housing-demand-auto-research-drive-commercial-real-estate-market-in-ann https://www.columbian.com/news/2018/aug/05/after-solid-rebound-whats-next-for-small-cap-real-estate-stocks/ http://rismedia.com/2018/08/05/real-estate-forever-brand-gaining-new-insight-berkshire-hathaway-homeservices/ https://pagesix.com/2018/08/02/usher-sells-the-mansion-he-bought-at-the-start-of-his-career/ https://pagesix.com/2018/08/01/judge-judy-buys-9m-rhode-island-mansion/ https://www.realtor.com/news/trends/top-10-places-big-houses-bargain/ Guest:   Ken Arnold Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Meredith, Pittsburgh, PA, “I want to invest in real estate, but I don’t want to own rental properties and I don’t want to do flips. I want passive investment. I know about REITs and I’ve done some checking into crowdfunding sites. The REITs don’t have great returns but they seem relatively safe. The crowdfunding makes me leery. I know they are probably doing just fine but it seems a little dicey to me. How should I be thinking about where to put my money?” Sydney, Lancaster, PA, “I’m confused about getting my business set up. I own three rental houses and a duplex, all titled in my own name. I just watched a webinar on asset protection. I heard that I needed to form a Nevada Corporation, which they were willing to set up for me -- for a fee of course. Since it was a webinar I looked up what it cost and they were adding about $1000 to what it would really cost. So I passed. But the logic seemed compelling. So I think I need to do something. I would like your input.” Ellen, Villages of Ocala, FL, “We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don’t really have enough money in there to buy and flip a house. Any suggestions?” Karenza, Long Beach, CA “I want to dive into buying rental properties here in southern california. My question is, am I too late?” Britney, Penn Hills, PA “My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder’s beige. Can you settle the debate?” Motivational Thoughts for the day “Dreams will get you nowhere, a good kick in the pants will take you a long way…” Baltasar Gracian

FAR 178 Seminar Seduction Expected Air Date: 8/20/18 Opening If you’ve been around this business awhile, going to networking meetings or REIA groups, you’ve seen it - the tire-kicker. Or as we sometimes refer to the person - the Seminar Junkie. It took me about two visits to the group to realize that the vast majority of people who attend these meetings or belong to the networking groups are never going to actually do anything. I am the official organizer of three meetup groups in the Atlanta area with a combined membership of just over 5,000 people, which sounds pretty impressive until I share with you that I think out of the three groups perhaps 50 people are active investors and maybe 10 of those are doing this as their full-time job. I’m not criticizing the other group members. Some are gathering information and considering their options. Some are highly motivated and are planning their new career as well as the exit from their current career. Some are just lonely and want to meet people, so they join meetup groups. It’s all fine. My concern is primarily for the self-deluded. These are the people who think they want to be in this business, and really intend to be, but there is something in their psyche that prevents them from taking action. I’m pretty sure I don’t know how to get anyone over that hurdle, because I never had to engage in conscious steps to take action - it’s just always been a part of me. But I’m going to do what I can to help you today to overcome Seminar Seduction. And ironically, I’ll be offering my seminar to you today on the show, coming up in a few moments. Did you know that there are nearly two dozen United States cities that are predicted to have an AVERAGE home price of over a million dollars by mid 2019? I’ll tell you where they are in just a few minutes. You’ll be very surprised at a few of them. That plus more news, information, and a scam alert coming up. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: The Flipping America Mentoring Program, August 28-31, Sandy Springs, GA Menternship Also. Ten Deal Sources explored and explained. Complete Deal Analysis. Finding the re-sale value of any residential property in the U.S. How to estimate repairs from your desktop. How to finalize a repair estimate through a site visit. How to set up a web site for your business. Structuring your business for effectiveness and asset protection Understanding the various ways to get your deal funded. Learn creative deal structures. The mini-course in negotiating The full course in renovation. How to find, vet, and hire contractors. How to manage the process How to solve the inevitable problems that arise. Learn how you could get your deal 100% funded - not just your next one, but every deal you ever do from now on. Get all the forms, the documents, the checklists, the procedures Get the scripts for your conversations Hiring questions for realtors and contractors Answering the phone Talking to sellers Build rapport Get key information Learn motivation The course comes with on-going weekly group coaching calls You also get one-on-one guidance through your first four flips. This is the three day dive into a year’s worth of training and guidance. But our commitment to you doesn’t end in one year. We are with you at LEAST through your first four flips and definitely until you have more than doubled your training investment. What is the investment? What is reasonable? Let’s talk about $50,000. The cost is $12,967, but if you use the coupon code “radio” your cost is $9,967. Go to www.flippingamericanetwork.com/Mentoring and sign up today. We only take about 10 people per class and several have already signed up. There’s just a few seats left. Lunch with me every Wednesday. Monday the 27th of August, speaking at the West REIA, Cherokee Cattle Company, Marietta, GA 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.forbes.com/sites/forbesrealestatecouncil/2018/07/09/15-surprising-real-estate-trends-impacting-2018/#507c4b1a4c5e https://www.pwc.com/us/en/industries/asset-wealth-management/real-estate/emerging-trends-in-real-estate.html Your Top Resource for what’s happening in the world of real estate. https://www.flippingamericanetwork.com/ https://www.mlive.com/news/flint/index.ssf/2018/08/police_warn_residents_about_on.html https://www.zillow.com/research/cities-with-1-million-home-value-20950/ https://www.marketwatch.com/story/why-real-estate-investors-should-still-steer-clear-of-turkey-even-as-the-lira-rebounds-2018-08-18 Emails: [email protected] Tell us where you’re from! Francesca, Providence RI, “I want to wholesale properties. How do I set a price?” Eliot, Monroe, GA, “I live in a small town, but there is a nice lake and resort nearby with lots of lakefront second homes. Can you suggest an investing strategy for me?” Carter, Las Vegas, NV, “I’ve been to few real estate seminars and read a couple of books on investing, but I still don’t believe I’m ready to take the plunge. I need a clear concise guide on getting started. Can you help me take the next step?” Vincent, Macon, GA, “It seems that all the great deals are in a bad part of town. Is that true everywhere? How do I make any money there?” Elise, Port St. Lucie, FL, “I really liked the show you did on smart home technology. Can you talk a bit about the technology, programs, apps, and other solutions you use in your real estate business?” Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -- Zig Ziglar

FAR 177 Expected Air Date: 8/13/18 Opening I have a great photo in my humor collection of a pig who looks like he’s smiling at the camera. The caption says, “I turn vegetables into bacon. What’s your super power?” I have an unsurprisingly large number of bacon jokes in this collection but this is one of my favorites. Humor aside, I want to ask you this question today. If you could have any super power, what would it be? What if I told you that you already have a power inside of you that is remarkable, perhaps even super? You have a few actually, but today I want to zero in on the power that is already inside of you to make your life count -- to live a life that has depth and meaning is within your grasp. You have the power! And in a few minutes I’m going to tell you how to unleash that power. www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Tomorrow! August 14th, speaking at Catalyst, “Contractor Impossible” 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.   Topic: The Power of Meaning You have the power to attach meaning to your life. From the grandest plans, the wildest unexpected experiences, the unpredictable and often hurtful behavior of others, right down to the smallest details of your everyday existence, you decide not only how meaningful these are to you, but what that meaning is. This is an awesome power which can be both tremendously positive and dangerous at the same time. Dangers Giving too much importance to the unimportant. Making everything important. Making nothing important. Focusing on the wrong problems. Attaching disconnected “meaning” to life events. Positives Ability to sort out and prioritize. Think carefully about the “presenting issue” and look for the real problem. Attach meaning that flows from your sense of purpose and larger belief system. Realize that impulse reactions may be “normal” in a sense, but not usually the most helpful responses. So what are the steps to living a meaningful life? First, think long and hard about what “meaningful” means? Ask yourself a lot of questions. What is important to you? Why? And why is that your answer? For example, Meaningful are those things that are Lasting Personal Sources of joy, peace, contentment, entertainment, humor, fulfillment It seems that the longer something lasts, the more intrinsic meaning it has. The human soul -- Your house -- Your car -- Your toothbrush. While we want to believe that every life has value, we obviously attach more value to those around us. The closer a person is, the more meaningful that relationship is. A distant person we’ve never met or heard of is brutally murdered in another city. While we may feel a moment of sadness or compassion for that person and his/her family, we are not as impacted as we are when a close friend is robbed at gunpoint. And THAT doesn’t shake us as much as hearing a doctor say we have a terminal illness. The point is, the more personal something is, the more meaning we naturally attach to it. We all carry excess baggage around in the form of attaching meaning to people or life events that we could probably let go and just be better off. Is it really that easy to just drop it? No, but that’s not what I’m suggesting either. I’m suggesting that instead of holding on to the bag of “stuff”, open it up, sort through it, think the thoughts that need to be thought, feel the feelings that need to be felt, decide what needs to be decided, take responsibility for whatever you can actually do now about the situation, ask yourself what is to be learned here, how did this event or person prepare you, enrich you, inform you. I encourage you to unpack that bag carefully, thoughtfully and purposefully. And once you have done that, pack it back up and put it into long term storage, saving out only those things that you intentionally choose. Now that’s for the things and people that have already happened. Today is a new day. How will we approach this with meaning and purpose? I want you to have a good day. And a truly good day is one that begins well. For most of us, what happens in the first couple of hours of our day tends to set the tone for how that day is going to go. Now if you listened to what I’ve just said, this doesn’t HAVE to be the case, but it usually is. So as much as possible, let’s start each day off well. Notice I’m avoiding saying “great”. Every day can’t be great. Because if they were, none of them would be truly great, since great is comparison word and in order to be great, something else has to be less than. So your goal is to have a GOOD day. And some of them will turn out to be great! You’ll have no trouble finding 1000 books and articles telling you to start out your day with exercise, a healthy breakfast, quiet time, journaling, and so on. Nothing wrong with any of those, but some of us have a schedule that defies regularity and many more of us just don’t really keep up with those things consistently. And by defining a good day as starting off with those habits, when we miss, our day can be ruined by self-inflicted guilt. Here’s a different idea: Start your day with thinking. No matter what your routine is, or how it is interrupted, you can do some thinking, right? While in the shower, during that commute, even while getting dressed, there are things we HAVE to do in order to start our day that do not require our complete attention, so have some thinking time at the beginning of each day. And what should you think about? Here are some suggestions: The Thankful list. My Purpose - This is a different show, but review your “why am I here” statements. The things that give my life meaning. How will I have a chance to accomplish these today? Honoring God Helping others Providing for my family Get 5 things done today. What are they? Anticipate Interruptions. See any possibilities? Small Reward for a Good Day. Favorite TV show Patio Time A favorite beverage Then try to do something physical each day, even if it’s just going for a walk. Physical activity does more than benefit your body - it also frees your brain. Exercise can be a potent treatment for depression and anxiety. You don’t have to be a gym rat -- but you can probably walk a mile in 20 minutes, so walk somewhere for 10 minutes and then turn around and walk home.  That’s much better than doing nothing. You have the Power of Meaning. You are already using this power, but if you realize just how powerful you are, you can start now to shape the life you want. Emails: Sherry, Colorado Springs, “Do you buy burnouts? What do you think about this? I’m looking at a house that had a kitchen fire. Most of the house is fine, but the kitchen is destroyed.” Shawn, Long Beach, “I bought a house using information from an online deal analyzer but now I can’t find anyone who will do the work for what the analyzer said it should cost. The repairs are going to take out all the profit or most of it. What would you do?” Sammy, Tampa, “How does anyone have more than 9 rental properties? My bank just told me I can’t get any more loans.” Craig, Harrisburg, PA, “I need advice for someone who is young, very motivated and willing to work, but has no experience, no money, and no credit. I don’t have bad credit - I don’t have any credit. I just turned 20 and really want to get into real estate. I’m in community college part time, but don’t have enough money to pay for full time college at the university, and I don’t want to do student loans.” Kerry and Brittany, Jacksonville, FL “We are first time home-buyer and have a house under contract. The home inspector has listed several items that need to be addressed and it has us running scared. But it was so difficult to find a house and win a bid, we hate to give it up. Please advise us. Here’s the list: HVAC is 10 years old. Recommend replacing. Roof was improperly flashed at dormers. Recommend removing current roofing material in affected area, properly flashing and sealing, and replacing roofing material. (roof is asphalt shingle) GFCI outlets are not present in bathroom or above countertop in kitchen. Recommend replacing outlets with properly install GFCI outlets Motivational Thoughts for the day “Hardships often prepare ordinary people for an extraordinary destiny.” C.S. Lewis

FAR 176 Expected Air Date: 8/11/18 Opening We are going to take some time today to open the mail and answer a lot of your questions. Thanks for writing in and keep the questions coming. As always we answer every question that comes in and some of them we set aside to answer on the show. www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Thursday August 9th, speaking at Flipping Atlanta “Investing in Real Estate with Your Self-Directed IRA” Tuesday August 14th, speaking at Catalyst, “Contractor Impossible” 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.news-press.com/story/money/2018/08/05/five-reasons-why-real-estate-market-year-could-southwest-florida-best-ever/852009002/ https://www.postandcourier.com/business/real_estate/school-re-openings-influence-local-real-estate-market/article_94f4410c-9504-11e8-b4db-57424629d9af.html https://www.dailyrepublic.com/projects/home-sehttps://www.postandcourier.com/business/real_estate/school-re-openings-influence-local-real-estate-market/article_94f4410c-9504-11e8-b4db-57424629d9af.htmlller/solano-real-estate-scene-are-we-in-another-housing-market-bubble/ https://www.wthr.com/article/watch-real-estate-update-market-slowing-down http://www.crainsdetroit.com/article/20180805/news/667746/housing-demand-auto-research-drive-commercial-real-estate-market-in-ann https://www.columbian.com/news/2018/aug/05/after-solid-rebound-whats-next-for-small-cap-real-estate-stocks/ http://rismedia.com/2018/08/05/real-estate-forever-brand-gaining-new-insight-berkshire-hathaway-homeservices/ https://pagesix.com/2018/08/02/usher-sells-the-mansion-he-bought-at-the-start-of-his-career/ https://pagesix.com/2018/08/01/judge-judy-buys-9m-rhode-island-mansion/ https://www.realtor.com/news/trends/top-10-places-big-houses-bargain/ Emails: [email protected] Tell us where you’re from! Ellen, Villages of Ocala, FL, “We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don’t really have enough money in there to buy and flip a house. Any suggestions?” Karenza, Long Beach, CA “I want to dive into buying rental properties here in southern california. My question is, am I too late?” Britney, Penn Hills, PA “My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder’s beige. Can you settle the debate?” Wally from Aurora, CO “I want to invest in the marijuana industry. What are your thoughts?” Allie, Milwaukee, WI “I’m looking at an older home - about 50 years old. In the basement, the wall is cracked and bulging out just a little. The bulge is about 5 feet off the floor, and it’s no more than 2” out of plumb with the wall, but the entire wall is slightly displaced. I looked for cracks in the walls upstairs and didn’t see any. The seller told me they completely remodeled the house 10 years ago and tore out the plaster walls and put in new drywall. This could be a nice profitable project but how concerned should I be? Frankie, Manchester Maine, “You seem to buy just about anything. What are things you DON’T or WON’T do?” Suzanne, Tampa FL “How do you do your show three times a week, post on social media like nobody’s business, teach house flipping, make videos AND run your business? I’m not trying to challenge you. I really want to know how you do it? Motivational Thoughts for the day “Dreams will get you nowhere, a good kick in the pants will take you a long way…” Baltasar Gracian

FAR 174 Expected Air Date: 8/6/18 Opening Ok, I’ve given away my content a bit with the title “Feelings are Overrated.” But I’m going to back it up. I’m reminded of a press conference with Coach Bobby Knight when, after a particularly difficult loss a reporter asked him how he felt. Even at the time I thought it was a dumb question, but Coach Knight didn’t disappoint. He tore into the reporter and reminded all of us what a stupid question sounds like. That hasn’t deterred reporters from asking the most obvious question over and over - “How do you feel?” First of all, the answer to that always goes without saying. The reporter asking it is not seeking news, but rather echoing the sentiment in our culture that we should be focusing on and thinking about our feelings. Today I’m going to challenge that notion and put forth the idea that while feelings are a part of our lives and should be acknowledged, 75 years of focusing on them hasn’t made anything better and possibly has made things worse. If you’re like me, and I bet you are, you see someone doing something completely senseless everyday. You also see people acting in complete disregard for everyone around them, as if the universe revolves around them. And lastly you probably see people who have a strong sense of self-esteem without any logical or apparent reason in their life why they should feel good about themselves. By focusing on our feelings we have lost our way when it comes to doing the hard stuff. A culture and a nation grows soft while contemplating our feelings. And the true tragedy is found in the belief that if we can discover how we truly feel, we will be better. The fact is, once we spend the time to discover how we truly feel, all we have done is focus on the emotion, but we haven’t progressed toward any meaningful recovery. Watch a little TV and you will no doubt see a commercial for a new wonder drug designed to address one of your emotional states. Never mind the 5 pages of potentially life-threatening side effects they read off in super speed, the extent the drug works is the extent to which is numbs that feeling somehow. In a few minutes I’m going to share with you a better way - a way to acknowledge your feelings and still get useful things done. I want to give you a hint now, but I think I’ll leave it at that. www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Thursday August 9th, speaking at Flipping Atlanta “Investing in Real Estate with Your Self-Directed IRA” Tuesday August 14th, speaking at Catalyst, “Contractor Impossible” 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://therealdeal.com/2018/08/04/are-resi-markets-headed-for-a-global-apocalypse/ https://www.denverpost.com/2018/08/03/denver-housing-market-cooling/ https://techcrunch.com/2018/08/03/rentlogic-lands-millions-to-grade-nyc-real-estate-for-renters-and-landlords/ https://www.housingwire.com/articles/46372-wells-fargo-reveals-software-error-wrongly-denied-much-needed-mortgage-modifications https://www.realtor.com/news/trends/foreign-buyers-buying-less-u-s-real-estate/ https://www.realtor.com/news/trends/fastest-growing-suburbs/ https://www.forbes.com/sites/ellenparis/2018/04/23/springs-2018-real-estate-market-is-a-good-news-bad-news-story/#3a1330902c35 https://www.quickenloans.com/blog/emerging-summer-trends-home-decor https://www.refinery29.uk/ikea-interiors-trends-autumn-winter-2018 https://www.refinery29.uk/ikea-interiors-trends-autumn-winter-2018 Topic: Feelings are Overrated If your life is a play, “feelings” is one of the actors, but definitely NOT the director. Purpose is the director of our day to day lives. We’ve spent two generations getting in touch with our feelings, and all we’ve done is feel worse than ever before. While acknowledging our feelings, do what needs to be done and in so doing notice that we begin to feel differently, often better. Physical exercise combats depression. Progression of Activity and Reaction: Activating Event (external) Feeling Thought Decision Action Immediate problems result if we skip the “thought” step. Unfortunately our culture has been training people for at least 75 years to focus on their feelings which has led to acting on or responding to those feelings. If we completely ignore our feelings we may run into problems down the road, but our decisions will be more productive and reasonable. Here’s another problem. Few people have practiced thinking before acting for so long, fewer still know what or how to think when they set out to do so. In general, schools don’t really teach people how to think. They spit out facts for memorization and grades are based on the ability to memorize, not the ability to think. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Ronald, Colorado Springs, CO, “I need help finding deals for flips. I’m wrapping up my third deal. All three of them came from a small local bank. They don’t have anything else now, and I’m not sure what to do next. I’ve read a bunch of articles online, but I’m not sure which ones work and which ones are hype. Thanks for the show.” Meredith, Pittsburgh, PA, “I want to invest in real estate, but I don’t want to own rental properties and I don’t want to do flips. I want passive investment. I know about REITs and I’ve done some checking into crowdfunding sites. The REITs don’t have great returns but they seem relatively safe. The crowdfunding makes me leery. I know they are probably doing just fine but it seems a little dicey to me. How should I be thinking about where to put my money?” Sydney, Lancaster, PA, “I’m confused about getting my business set up. I own three rental houses and a duplex, all titled in my own name. I just watched a webinar on asset protection. I heard that I needed to form a Nevada Corporation, which they were willing to set up for me -- for a fee of course. Since it was a webinar I looked up what it cost and they were adding about $1000 to what it would really cost. So I passed. But the logic seemed compelling. So I think I need to do something. I would like your input.” Ellen, Villages of Ocala, FL, “We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don’t really have enough money in there to buy and flip a house. Any suggestions?” Karenza, Long Beach, CA “I want to dive into buying rental properties here in southern california. My question is, am I too late?” Britney, Penn Hills, PA “My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder’s beige. Can you settle the debate?” Motivational Thoughts for the day “Dreams will get you nowhere, a good kick in the pants will take you a long way…” Baltasar Gracian

FAR 173 Expected Air Date: 7/23/18 Opening What are the guiding principles you use in your investing activity? We all think about returns, but do you consider other data points as well? Ok, some of you right now are asking, “what other data points?” If you are looking at a property to buy and hold and you are only looking at cash flow or only looking at capitalization rate, or only looking at net income, you are not looking far enough. Even if you are considering all three of those, and they ARE separate numbers btw, there is much more to consider. You need to think about the area, the past trends, the future projections, infrastructure, employment opportunities, and much more. So you need data. If you listen to the show much you know that our analysis is data driven. And we look behind the data for assumptions, theoretical models, and the methods used to combine data to reach conclusions. I realize that not all of you listening to this show can be that much of a nerd. It’s ok. We get our hands a little nerdy around here sometimes so we can help you make the best decision possible. That means we have sources for our data. One of our favorites is Attom Data Solutions. Coming up in a few minutes I have Daren Blomquist, Executive VP for Attom Data and we are going to bless your life with a little data talk. Now before you turn this off and switch over to yet another rerun of Gilligan’s Island or Big Bang Theory, let me tell you a few things we are going to be talking about. Attom data is the same company formerly known as RealtyTrac.com. That means they are experts on foreclosure data. We will talk about that. Want to know about crime rates in a prospective area? How about information about the particular property and its history? They’ve got those. Want to know what a neighborhood is like? Income level, percentage of college grads, crime rate, and more? They have it. Want some juicy stats on investor activities? Done. How about a list of distressed or potentially stressed properties? Where do you think the list brokers get theirs? Yeah - go straight to the source and we are going to tell you how. We are going to tell you how to get your hands on their Bi Annual Report on Single Family Rental Home prices. And you don’t want to miss this part -- in the last segment I ask Mr. Blomquist to look into his crystal ball and tell us what he sees happening with housing prices and the markets. His answer is coming up! With RealtyTrac since 2001, Daren Blomquist has been instrumental in many facets of the company’s business as it has transformed into the industry leader it is today. In addition to being one of the company’s longest-term employees, Daren is RealtyTrac’s primary media spokesperson and resident go-to expert on foreclosure statistics and trends. Daren is also managing editor of the company’s monthly newsletter, the Foreclosure News Report, which was named the “Nation’s Best Newsletter” by the National Association of Real Estate Editors, and is directly responsible for the creation of the company’s U.S. foreclosure market and sales reports, which are cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.   Guest: Daren Blomquist www.Homefacts.com www.homedisclosure.com www.Realtytrac.com Check out the Neighborhood Index. Look up Flip Transaction Data Read the Bi-Annual Report on Single Family Rental Home Prices Topic: Flash in the Pan Flash in the Pan: https://www.phrases.org.uk/meanings/flash-in-the-pan.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Alissa, Grand Rapids MI, “What do you do for security in your fix and flips? I have one in a marginal area and I’m a bit worried about materials left on site and basically the house itself.” Motivational Thoughts for the day “It doesn’t matter how slowly you go as long as you do not stop.” -Confucious.

FAR 171 Expected Air Date: 07/19/18 Opening In the business of flipping houses, the challenging part right now is finding that next deal. Everywhere I go, the word is “deals are hard to come by. Everyone is bidding properties up, by the time it gets sold, it’s no longer a deal.” What can you do? Well, one thing you can do is listen to today’s interview with Tony Lukashevich. Tony is the owner of Reno Georgia and has more than 200 rehab projects under his belt. He’s also the Atlanta area coach for the Flipping America mentoring program, working closely with our Atlanta operators to ensure they deliver their projects on time and on budget. In a few minutes Tony will be with us and share with us how he finds all the deals he needs using just ONE strategy with wholesalers. It doesn’t cost him anything but time and persistence. I know about 10 ways to find deals, but Tony gets more out of this method than anyone I’ve ever seen. It’s taken it to an artform and he’s going to share it with you. Don’t worry - he’s not shooting himself in the foot by sharing his secrets with you. We both know that despite the appearance of shortage, there is NO shortage of opportunity. It just requires time, patience, diligence, and some good old fashioned work - even though the work is not that hard. Tony is coming up in just a few minutes. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.mansionglobal.com/articles/vietnam-the-next-frontier-in-asia-s-luxury-real-estate-market-102826 https://www.inman.com/2018/07/15/meet-the-inman-innovator-finalists-most-innovative-real-estate-team-part-2/ http://www.dispatch.com/entertainmentlife/20180715/real-estate-report-home-improvement-pace-beginning-to-slow-down https://www.scmp.com/week-asia/business/article/2155209/can-singapore-tame-its-property-market-new-rules Guest: Tony Lukashevich, Emails: [email protected] Tell us where you’re from! Simon, Boulder, CO, “We have been thinking about investing in a Senior LIving Center. I saw an article stating that the American population is aging and this would be a good investment. What do you think?” Megan, Long Beach, CA, “I’m looking into investing in mini-storage. Im’ wondering what you would consider a good return?” Alex,  Jacksonville, FL “Is it possible to flip multi-family?” Will, Lancaster, PA “My question is this: what are the questions I should be answering for myself as I consider whether or not to invest in real estate?” Why am I doing this? What do I want / need in the way of returns? What are my options / investment types? What is my risk tolerance? What are my time horizons - How long do I want to hold properties? How long do I want to be actively involved in this? What’s my exit? Sell? Legacy? Motivational Thoughts for the day Most opportunities come disguised as hard work. That’s why most people don’t recognize them. -Ann Landers

FAR 170 Expected Air Date: 07/16/18 Opening Your network is your net worth. We’ve heard that for years. The more you connect with people in this industry, or whatever industry you happen to be in, the more good things can happen. I can’t tell you exactly how or when those results might begin to benefit your life, but I can tell you that your best success as an entrepreneur will come from the people you meet, either investors, suppliers, customers, or even your fellow competitors. Today I’m going to talk to you about a giant in our industry, Connected Investors. They are one of the largest networking sites for real estate investors in the world. On their site you can find people in your area, or people in the area where you want to be, vendors, deals, money, just about anything you need. In a few moments we are going to be joined by Marty Coyne, the Chief Technology Officer for Connected Investors. We were talking at a conference recently - yes, NETWORKING! And he told me about a new product they had released. It’s an aggregation tool that puts a ton of seller leads all into one place -- a product they call PinPoint Profits. I expressed my doubts and Marty put it on the line. He asked me to use the product and see if it didn’t work. I did, and WOW. We’ve only been using it a few days now but we are stunned by the potential. We have hundreds of new leads and are already in contact with a few of the sellers. I’ll keep you posted as we go along, but so far I’m amazed and delighted to tell you about this. But Connected Investors is a LOT more than PinPoint Profits. Marty will explain more in just a few minutes - you don’t want to miss any of this, because after we talk about CI for awhile I’m going to throw a couple of real estate technology questions his way. Wait til you hear his answers! How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.   Guest: Marty Coyne, Marty Coyne is the Chief Technology Officer of Connected Investors, the world's largest Real estate investing Community and Marketplace. Coyne plays a key role in shaping CI's technology strategy as Ci is experiencing explosive growth and making its presence known in Fintech. The transformational impact that technology can provide, has characterized Coyne's career in technology solution sales and as an executive at Motorola, where his teams drove more than $1B of new business revenue to his company and its partners. Leveraging that success, Coyne launched a global consulting practice helping lead many of the most recognizable names in the tech sector drive results bringing disruptive solutions to the market. www.connectedinvestors.com www.cix.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Andre, Pittsburgh, PA, “How do you find contractors? Most of the guys I talk to have a two month wait” Garth, Waukesha, WI, “I hear horror stories about contractors. How do I know I’m hiring the right person?” Motivational Thoughts for the day Most opportunities come disguised as hard work. That’s why most people don’t recognize them. -Ann Landers

FAR 169 Expected Air Date: 07/14/18 Opening I can’t say enough about today’s guest. Great heart, great energy, great knowledge, and willingness to share himself and his experience with everyone. Abhi Golhar is a 2x nationally syndicated radio host on the Wall Street Radio Network, author, blogger, and CIO of Summit & Crowne, a real estate investment firm in Atlanta. Golhar has been investing in businesses and real estate since 2002 and always used a “value-added” approach to identify acquisition. He educate thousands of people as a national speaker and on his daily radio and YouTube shows. Golhar enjoys working with investors to implement market-driven strategies which have the highest potential for success. Do you have questions about how you can set up your business to advance and finish well? Golhar has answers. Email him: [email protected]. Abhi took a non-traditional route into real estate investing, he started in it while still young! You’ll hear his fascinating story coming up in just a few minutes. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.   Guest: Abhi Golhar Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Fenton, St. Louis, MO “Is there a way I can work from the rent amount into a number I should pay for a house? I’m looking at paying $55,000 for a house I can rent out for $750. It seems like a good deal, but I don’t know for sure.” Alice, Atlanta, GA “I just heard about something called Debt Service Coverage Ratio. The presenter gave some numbers and I just nodded like I understood, but I had no idea what he meant. I knew right away I could just email you and get an answer.” Motivational Thoughts for the day When you want to succeed as bad as you want to breathe, then you’ll be successful. Eric Thomas

FAR 168 Expected Air Date: 07/12/18 Opening Would you like to just sit down with a lawyer - off the clock - and pick his or her brain about real estate and business issues? Today you can. Well -- today you can, vicariously anyway. Coming up in a few minutes I’m going to interview a real estate attorney from Austin Texas, Ben De Leon. He is the President of De Leon Washburn & Ward, P.C. (dwlawtx.com), one of Texas’ most storied independent law firms. As general counsel to some of Texas’ fastest growing companies, he is passionate about helping entrepreneurs focus on the success of their business by providing strategic guidance and legal counsel. He serves as outside general counsel to various small to mid-size companies in all areas of business law, including real estate and construction matters. Here’s a cool thing - you can kinda pick his brain too - because Ben is a blogger. He talks about issues important to us as investors. I spent some time on his website reading his blog and I can tell you it’s recommended reading. Some of it is very eye-opening. That’s at dwlawtx.com. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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! http://www.dwlawtx.com/blog/ Guest: Ben De Leon Motivational Thoughts for the day When you want to succeed as bad as you want to breathe, then you’ll be successful. Eric Thomas

FAR 167 Expected Air Date: 07/09/18 Opening I was minding my own business at the pool the other day and a young man walked by with a shirt that read “Stop Being Poor.” My first reaction was to be a bit startled, then amused. I thought to myself “he’s inviting a heap of criticism upon himself -- I wonder if he can take it?” Then I realized we were at the pool deck of our building in midtown Atlanta and it’s unlikely he would run into any poor people at this venue. Of course if we want to see poor people all we need do is step outside the door of our building and start walking in any direction. We won’t go a full block before we come across someone with their hand out, making various claims about their homelessness, joblessness or poverty. This show is about real estate and real estate investing, and the subject of poverty is not a happy one. In fact it might be one we prefer not to ever think about. But it is ever with us and should be considered in light of our larger responsibilities to ourselves and the people around us. So later in the show I’m going to tackle the subject and see if I can’t bring it around to a real estate connection somehow. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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.forbes.com/sites/ingowinzer/2018/07/06/booms-are-back-in-these-25-real-estate-markets/#59e4405a5386 https://www.consumerfinance.gov/about-us/newsroom/cfpb-launches-new-mortgage-performance-trends-tool-tracking-delinquency-rates/ https://www.corelogic.com/downloadable-docs/hpi/corelogic-hpi-monthly-marketing-data-may-2018webnational.pdf https://www.ocregister.com/2018/07/05/bubble-watch-is-southern-californias-housing-shortage-near-its-end/ https://www.huffingtonpost.com/entry/poverty-is-a-choice-they-say_us_58c316d8e4b0a797c1d39c77 https://talkpoverty.org/2017/10/04/house-budget-shows-us-poverty-choice/ https://haroldherring.com/blogs/harolds-blogs/richthoughts/270-12-reasons-poverty-is-a-choice https://www.rappler.com/thought-leaders/167915-poverty-not-a-choice https://www.washingtonpost.com/news/politics/wp/2017/03/07/jason-chaffetzs-iphone-comment-revives-the-poverty-is-a-choice-argument/?noredirect=on&utm_term=.f97308de890b http://www.debate.org/opinions/is-poverty-a-choice Topic: Stop Being Poor The shirt: “Stop Being Poor”. I did some research and learned there was an entire meme on the internet about this. Poverty is a choice, especially in the United States of America. Many are born into poverty and don’t realize the opportunity. Our role is to present the opportunity, not create dependency. Anyone can take the next step. “The poor will always be with you.” -Jesus. Why? Some (non U.S.) lack any reasonable opportunity. Some do not have the ability to lift themselves out. Mental illness or physical disability. Some are trapped by culture - unaware of the steps out of poverty. Some are unmotivated. America is a land of opportunity unparalleled in the world and throughout history. It is also a country where you can do absolutely nothing with your life and receive handouts that make your living standard better than much of the rest of the world. Many will choose this. If you’re unmotivated, if you’d rather sleep than work, if you prefer entertainment or fill in the blank with your substance of choice rather than advancing yourself, I’m ok with that. Just don’t complain to me about being poor. And please have the intellectual integrity to stop blaming everyone else. So what do we do with the poor? Feed, clothe, and shelter them. Show them the way out. Feed, clothe, and shelter even those who choose to remain poor. Why? Because this is how we live out beautiful concepts known as mercy and grace. We have all received mercy and grace and perhaps the most Godlike thing we can actually DO with our lives is to be conduits of mercy and grace. What are mercy and grace? Mercy: NOT getting the negative results you deserve. Grace: Getting positive blessings you don’t and possibly couldn’t deserve. Anyone hearing my voice right now has the opportunity to do something different with your life, if you want to.  If you think there’s a better life out there and you want it badly, you have the freedom in this country to pursue it. There’s so much more to life than being rich in material things, but if that’s what you want, all you have to do is learn what rich people do and do that. Whatever it is you want to achieve there is almost certainly someone out there whose path you can follow. The real question is not whether there is opportunity. The real question is, how badly do you want it? What can we do? The people on the street? The impersonal unknown “poor” Let the state help? Do your bit. The working class poor? Affordable housing Rent with respect for human decency and dignity. “There will always be those who take advantage of the less fortunate. You don’t have to be one of them -- even to compete with them.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Veronica, Pittsburgh, PA, “I’m new to this, I have my contractor and my funding lined up. I just need deals. What are the top 2 or 3 ways you find deals to fix and flip?” Max, Long Beach, CA, “I want to get into this business. I have no money, no credit, and no experience. But I WILL work hard and I will work for free just to learn. Can you help me?” Motivational Thoughts for the day When you want to succeed as bad as you want to breathe, then you’ll be successful. Eric Thomas

FAR 166 Expected Air Date: 07/07/18 Opening I got a show full of news and your questions today. We are getting emails from some of you who are loving the guests we’ve been having and some of you prefer the shows where I talk the entire time. Your comments are about evenly balanced with a slight tilt to the guests. I personally prefer the guests because I usually don’t learn anything new when I’m talking and I want to learn more and get better at this. Today I’m going to review the news, talk about More News with regard to my predictions about the market, and then share some Really Exciting News about a new program from your friends here at Flipping America. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. 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/advice/rent/airbnb-rules-for-renting-out-home/?iid=rdc_news_hp_carousel_theLatest https://www.realtor.com/news/celebrity-real-estate/inside-derek-jeter-castle/ https://www.realtor.com/realestateandhomes-detail/4110-Paces-Ferry-Rd-NW_Atlanta_GA_30327_M54418-80077#photo0 https://www.realtor.com/advice/home-improvement/geometric-decor-ideas/?iid=rdc_news_hp_carousel_theLatest https://www.houzz.com/ideabooks/27317567/list/20-ideas-for-easygoing-summer-parties https://www.nationalmortgagenews.com/news/mortgage-delinquency-rates-down-annually-a-sign-of-a-healthy-economy https://www.consumerfinance.gov/about-us/newsroom/cfpb-launches-new-mortgage-performance-trends-tool-tracking-delinquency-rates/ The BIG announcement.   Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Motivational Thoughts for the day When you want to succeed as bad as you want to breathe, then you’ll be successful. Eric Thomas

FAR 164 Expected Air Date: 07/2/18 Opening Have you ever asked yourself the question, “what is this remodeling job going to cost?” When you buy an investment property, especially if you are going to flip it, the repair / remodel number is one of the big three numbers you HAVE to know in order to be sure you’re going to make money on the project. The other two are the ARV and the cost of the money. Where does the purchase price fit in? Because it seems like that’s where you start. It IS the first number that gets activated in the process, but it’s the last number to be calculated. You back into a purchase or offer price based on the other three numbers. This is true in any kind of property investment. You must have your exit strategy and a strong understanding of what you will get for the property, you must know your rehab or “value add” number. And you should be mindful of you cost of funds. Today we are going to visit with the guy who can help you nail down that rehab number. His name is Pat Dornan and he is the inventor of the Ultimate Rehab Estimator. Ron was on the program about a year ago when both his software and this show were new. In that time his product has grown, the feature set has expanded remarkably, and he is, in my opinion, on his way to market dominance. There are other construction estimating programs out there designed for the insurance industry and disaster cleanup crews, but they use bloated and many time unrealistic pricing, which frankly seems like more of a WAG to me. If you want to know what a WAG is, you can look it up or contact us, but this is a kid friendly show, so I’m not telling you on the air. The URE takes you through a property board by board, cabinets, countertops, outlets, everything you would typically do in a property. The program is linked to the Home Depot catalog for most every item you would ever need. Then Pat and his team add in the labor rates from every state in the US and sales tax information in every location so they can calculate to within a couple of dollars the exact cost of your rehab. It’s an amazingly thorough product and no investor should be without it. Pat will be here in just a few moments. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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.forbes.com/sites/jeffsteele/2018/06/28/dos-and-donts-when-reinvesting-real-estate-returns/#6ca409e918a0 https://www.forbes.com/sites/forbesrealestatecouncil/2018/06/28/is-commercial-real-estate-dying-or-just-different-seven-experts-weigh-in/#63739b92f7b7 https://www.dallasnews.com/business/real-estate/2018/06/28/dallas-wants-involve-developers-redeveloping-citys-old-public-housing-stock https://pilotonline.com/business/jobs/article_1c99bd0e-6b01-5736-928b-4f6add75f5d7.html http://www.cbs8.com/story/38526442/housing-market-are-house-flippers-driving-up-san-diego-home-prices https://www.cnn.com/2018/06/27/us/san-francisco-income-housing/index.html Guest: Pat Dornan, Ultimate Rehab Estimator Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Warrick, Boulder, CO “Just found your show and am enjoying it. I’m about to do my first flip, buying a house from a wholesaler. He wants me to give him $7500 as a non-refundable deposit. He also said there is no due diligence on the deal. I have to close in 14 days. I didn’t want to ask him, but what is due diligence? And is this a bad thing?” Larry, London, KY, “I’m interested in owning rental properties in this area. I have a few, but I’m not sure I bought them right. What kind of price would you suggest? The market here is probably not as strong as some of the places you mention on your show.” Sheila, Jacksonville, FL “I’m 63 about to retire a bit early. I have enough in my accounts that I know I can live the rest of my days if I can make just a consistent 6% return on my investment. I don’t really trust the stock market and I do like real estate. But I don’t want to own or manage any properties. I just want 6%. Did I hear you say you have a private lending program that would make something like this?” Motivational Thoughts for the day Keep your eyes on the stars and your feet on the ground. -Theodore Roosevelt

FAR 163 Expected Air Date: 06/30/18 Opening We’ve been talking about life and business over the past few weeks and today we have Ron Carucci online to visit with us about start-ups. We discuss several of the misconceptions in the minds of new entrepreneurs, and the mistakes that flow out of those misconceptions. More importantly we discuss how to address them. Ron and his partners work with medium size and larger businesses typically but he was willing to give us 30 minutes of his valuable insight. That’s coming up shortly. In case you missed it, I want you to pay attention to Zillow. They are a giant among us. You can pick on the Zestimate all you want and I’ll agree with you that it is not to be trusted. But Zillow is huge and has a ton of cash to work with. That’s why when they announced recently they are getting into the direct buying space, I sat up and took notice. They have the clout and the national presence to clobber everyone else, I’m looking at you OfferPad, Knock, OpenDoor, and even Mark Spain with your Guaranteed Offer program. Should these people fold up and quit? Absolutely not. Let’s all get better at what we do. We are all out there looking for deals and here is the MAIN reason all of these are not going to put us out of business: You ready for this? No, wait. I’ll tell you after my talk with Ron. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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! http://fortune.com/2018/05/23/real-estate-housing-home-prices-falling-recession-2020/ http://mainepublic.org/post/real-estate-whats-happening-maines-market#stream/0 https://www.dallasnews.com/business/real-estate/2018/06/22/economy-next-recession-real-estate-analysts-give-best-guess https://theberkshireedge.com/welcome-to-real-estate-friday-49/ http://www.capegazette.com/affiliate-post/3-issues-facing-today%E2%80%99s-real-estate-market/159968 https://www.wavy.com/hr-show/real-estate-a-seller-s-market/1253524706 Guest:  Ron Carucci, Co-Founder Navalent Notes from the Interview (You’re welcome!) 3 things holding back most Entrepreneurs Identity - “What is your strategy?” often yields stock answers like mission, vision, values statements. Usually borrowed, plagiarized or counterfeit. Why you? What are the differentiators? Organizational Continuity - Processes. Intentional design and deplloyment of assets 70% of what we do is just necessary to stay competitive and keep the lights on. Enabling work is what moves us forward. Often these get diluted. Leadership Tips for listeners: Don’t let HGTV seduce you. It’s not for everyone. If you’re going to “just do it”, “just do it” wisely. Be thoughtful. Give it a year to work. Ask yourself, “Am I willing to do what it takes to succeed?” Scaling is not Growth. Growth is topline increase at the same rate of cost. Scaling is repeatable efficiency. Resources: www.navalent.com/transformation www.liminalspace.org Reinventing You, Dory Clark Rising to Power, Ron Carucci Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Ebony, Detroit, MI “Hi Roger can transactional funding be used to purchase properties at tax or bank foreclosure auctions? I know transactional funding is used for back to back closings that must take place the same day. I think it would be best to at least ask the homeowner to agree to a thirty day time frame to allow time to find an end buyer. I know the law states that the homeowner who's being foreclosed on has a six month redemption period to stay in their home without paying a mortgage, they can reclaim their property and they cant be evicted unless they refuse to allow an inspection or if they damage the property.  So with that being said can transactional funding still be used as long as the end buyer is ok with purchasing a foreclosure that has a six month redemption period? Or should I check with the companies or local court houses that hold the auctions to find out if transactional funding is allowed for tax and bank foreclosures? Milton, Villages of Ocala, FL “I need a reputable lender for a rental property. Can you help?” Jim, West Palm Beach, FL, didn’t email but from a strategy call. “I have about 20k to put into a deal and just can’t find a deal that small that isn’t in a terrible area.” Motivational Thoughts for the day Keep your eyes on the stars and your feet on the ground. -Theodore Roosevelt

FAR 162 Expected Air Date: 06/25/18 Opening Many of you listening to this have two types of assets - liquid assets and illiquid assets. A liquid asset is cash or anything that can be turned into cash in about 3 days such as publicly traded stocks. Illiquid assets include things like real estate, which clearly cannot be turned into cash -- until now. Our guest today is Matthew Sullivan, founder and CEO of Quantm RE. Matthew and his company have developed a way to turn your equity into cash. You are not refinancing your home, there’s no credit check, and once your equity position is established through an appraisal and title work, you are just hours away from cash in your bank account. The company will buy a percentage of your equity at current value and wait for you to sell the house before getting paid back. Does this sound too good to be true? How does the company make money? Surely it’s not doing this out of charity. What are the risks to you as a homeowner and what are the risks to the company? I recorded the interview earlier and I’ve had a little time to think about this and I think it is one of the coolest ideas I’ve seen in a long time in real estate. Matthew and his team DO make money, but most of the risk is on them. Once you understand your costs and make a plan for the money you will receive that will more than cover those costs, this is something you should consider. Everyone’s situation is different and this wouldn’t be a great solution for everyone, but on the whole, this is an idea I can get behind. And wait until you hear what they then do with that shared equity. They give the public, you and me, a chance to own some of it. All that is coming up today on Flipping America. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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! http://fortune.com/2018/05/23/real-estate-housing-home-prices-falling-recession-2020/ http://mainepublic.org/post/real-estate-whats-happening-maines-market#stream/0 https://www.dallasnews.com/business/real-estate/2018/06/22/economy-next-recession-real-estate-analysts-give-best-guess https://theberkshireedge.com/welcome-to-real-estate-friday-49/ http://www.capegazette.com/affiliate-post/3-issues-facing-today%E2%80%99s-real-estate-market/159968 https://www.wavy.com/hr-show/real-estate-a-seller-s-market/1253524706 Guest:  Matthew Sullivan, Sell a Piece of Your Home Notes from the Interview The company is called QuantmRE. Find them at www.quantmre.com. The idea here is you sell a percentage of the equity in your house. This gets paid back when you sell the house. The concept is known as shared equity and is a way to turn the equity in your home into cash. The shared equity is then tokenized and sold as a crypto-currency -- a digital currency backed by real estate. The coin will be called EQRE. - the Quantm Coin. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Keith, Bakersfield, CA “What is your opinion of flat fee real estate services and the agents that do them?” James, Boulder, CO “We are looking into buying rental properties in college towns. It won’t work here in Boulder with the Air Force Academy, but it seems like a decent idea. Your thoughts?” Casey, Seattle, WA “I was in a meeting a month ago and someone there had been on your show, so I went looking for it. I can’t believe all the great information you are just giving away, but I thank you. I’m really new at this, but my husband and I have some rental properties. They seem to pay for themselves, but I think maybe not quite, when you consider everything. We have 4 houses that together cost us $1.4 million. We get about $6500 per month from them. They are all free and clear with good tenants in good areas. What I don’t know is whether they are really a sound investment. They are in Seattle and we believe they will be worth more in a few years than we paid for them.” Motivational Thoughts for the day Keep your eyes on the stars and your feet on the ground. -Theodore Roosevelt

FAR 161 Expected Air Date: 06/23/18 Opening For most people Real Estate Investing is a Team Sport. You may not have any employees or if you do they won’t be a large number. This is in part by design. We got into this business to get away from the inherently stifling nature of the corporate world. We didn’t set out to create another corporate world. We are entrepreneurs. We want to come and go as we please. We want to go to the beach with our spouses and family on Thursday through Sunday. Ok, we want to fly to the Caribbean Thursday and come back Sunday. Or we want to take off and play a couple of golf courses in Alabama on the Robert Trent Jones Golf Trail on a Tuesday and a Wednesday. Whatever you wanted to do with the time, you mainly want it flexible, so we don’t have much in the way of a staff do we? Even though this is true, we STILL have a team. By the time you are working this business full time, you have assembled a team whether you want to admit it or not. You have a Realtor or three, a couple of general contractors, probably have several handymen, plumbers, and electricians on speed dial, you are getting to know a real estate attorney, you have wholesalers, birddogs, VA’s and possibly even an employee or two. You have a team. Your team won’t all be employees but like any team, it needs to be recruited, managed, and maintained with excellence. And this is where today’s guest shines. Jeffrey Davidson is a master team builder, consultant, and all-around helpful guy. He knows some things about real estate investing too, but his focus day in and day out is helping business leaders lead more effectively. Stay tuned because in just a few moments, he’s going to lay some wisdom on us all. I’ll be asking him for leadership tips and hiring expertise. His company is called Leading Great Teams. He will be along in just a few moments. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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.forbes.com/sites/forbesrealestatecouncil/2018/06/21/a-faster-and-easier-way-to-finance-real-estate-investments/#50c7a2d79cdc https://www.forbes.com/sites/forbescommunicationscouncil/2018/06/21/three-ways-to-boost-your-real-estate-brand-with-video/#5104cb83180d https://www.chron.com/business/real-estate/article/Real-estate-briefs-Halliburton-Westchase-campus-13012042.php http://business.financialpost.com/real-estate/dont-expect-real-estate-agents-to-disappear-any-time-soon https://www.businesslive.co.za/fm/money-and-investing/2018-06-21-sirius-real-estate-a-model-that-works-differently/ Guest:  Jeffrey Davidson, Building Great Teams Notes from the Interview Three free giveaways www.greatteamsltd.com/more Top Tips for Leaders: Answer the question: How do we define success? Set clear expectations. Over Communicate Follow up. Language is a big issue. 2 examples: What can you build on? Where should we re-focus? Tips for hiring Find out what they value Learn their key skills Try them out Tips for employees Do you know our company mission? Do you talk to each other? Do we have the right tools? Do we have the best processes? Are we interacting as a team? Are we working together to make this organization as good as possible? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Carmen, Tampa, FL “I want to put money into one of your deals, but you never talk about how to do that. How do I do that? Fred, Brooklyn, NY “Can you explain the concept of remote flipping? I would very much prefer to be flipping houses in more affordable areas.” Carlie, Madison, WI “I have a private lender who wants 15% with no upfront money. He will fund the entire thing. I have a hard money lender who will loan me 85% of my project cost at a rate of 12% but I have to pay 2 points and make a huge down payment. I’m trying to figure out which is the better way to go but I’m stuck. I’m buying the house for 280k. I think I’ll sell it for 420 when it’s repaired. The rehab budget is $35,000. Motivational Thoughts for the day “If you cannot do great things, do small things in a great way.” Napoleon Hill

FAR 160 Expected Air Date: 06/21/18 Opening Looking for an opportunity to get into a real estate business that doesn’t require a lot of cash, doesn’t have much competition, and can be done remotely without ever leaving your computer? Today Mark Podolsky is going to join us and talk about an opportunity to do just that. You won’t have tenants to deal with, you never have to make repairs, the cash flow is about as automated as it gets. It really works and just saying this gets me fired up about it. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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! http://flatheadbeacon.com/2018/06/13/real-estate-market-trends-6/ https://www.ocregister.com/2018/06/19/hot-real-estate-markets-to-cool-in-2020-experts-predict/ http://labusinessjournal.com/news/2018/jun/19/40-million-fund-real-estate-startups-tech-draws-he/ https://www.npr.org/2018/06/18/620939197/zillow-data-used-to-project-impact-of-sea-level-rise-on-real-estate https://www.tennessean.com/story/money/homes/2018/06/20/great-backyard-gives-homes-edge-real-estate-market/706592002/ Guest:  Mark Podolsky, the Land Geek Notes from the Interview Email [email protected] and mention Flipping America and he will send you a copy of the Passive Income Launch Kit Course, a $97 value. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Karen, Boston, MA “I found your show on iHeart radio, but then downloaded the app. I haven’t found you on the radio here in Boston but I don’t even care. The app is great and allows me to listen to all your previous shows. So here’s my question. I want to buy a couple of rental properties, but they are around $300,000 to buy a modest home that I could rent for maybe $1800 per month. That rent would cover my principal and interest payment and most of the taxes, but that’s it. I think I would have to come out of pocket a bit on these. I have a high paying job and the extra expense isn’t a factor. I don’t even need the income. I just wanted to build equity. Am I thinking about it the wrong way?” Keith, Ellijay, GA “Seasonal cabin rental. Yes or no?” Ashley, Jacksonville, FL “I’m looking at a single family home in a great area that I think will cash flow ok. I have an opportunity with a duplex in an ok, not great area that cash flows even better. How should I make a decision as to which one to buy?” Motivational Thoughts for the day “If you cannot do great things, do small things in a great way.” Napoleon Hill

FAR 159 Expected Air Date: 06/14/18 Opening What in the world is Real Estate Day Trading? And how can I learn to do it? Can I make money doing this? How does it work? How do I analyze the deals? How do I pay for them? How do I move them out? IS IT POSSIBLE TO SIT AT MY COMPUTER ALL DAY AND MAKE MONEY IN REAL ESTATE? Well -- maybe. Stay tuned because today I have the guy who invented Real Estate Day Trading. Larry Goins is our guest today. He took some time from his busy schedule to sit down with us and explain it. If you listen today and apply what you hear, you’ll pick up some ideas, some principles, some direction, and some resources that could put you into the Real Estate Day Trading business. I’m blown away at the brilliance and creativity of people in this business who demonstrate day in and day out that real estate continues to be one of the most lucrative opportunities out there. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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.   Guest:  Larry Goins, Real Estate Day Trading Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Kelvin, Westchester, PA, “I need a way to quickly estimate a rehab price. By the time I get to the property and make a my estimate, someone has already bought the house. They are either dumb for going so fast or smarter than me. I think they are just smarter - they know something I don’t. How can I speed this up?” Randall, Searspoint, MA “Is there kind of a standard price for some repairs, like 10 grand for a kitchen, 5 grand for a bathroom, etc.?” Elvina, Roswell, GA “I’ve been told I need to get multiple bids for my rehab. I’m having a dreadful time getting this done. I was ok on my first rehab. Now on my second one, they guys that didn’t get the job on the first one won’t come back. They say they don’t have time to waste on me. Even the guy that did the work wants me to pay him $150 to come price out the work.” Motivational Thoughts for the day “If you cannot do great things, do small things in a great way.” Napoleon Hill

FAR 157 Expected Air Date: 06/11/18 Opening President Trump dominates the news cycle in a way like no other public figure I’ve seen in my lifetime. It almost seems to me that he says some of the outrageous things just to stay in the limelight. I generally avoid politics on this show as you know and prefer to talk about real estate and the opportunity it presents. Although today I have to give a little credit to the President. He’s making a bunch of Chinese real estate investors rich and some may be about to hit the jackpot. I’m going to tell you about that right after the first break. We have more news from Kalispell, Montana today and the Flathead Beacon in one of the quirkiest “studies” I’ve ever seen published. It’s weird, it’s not all that useful, and I LOVE it. Later on I’ll tell you what digital real estate means and what you need to do to invest in it. We are going to talk about one unfortunate consequence of Seattle’s unprecendented real estate boom. We will talk about how to look beyond mere price and look at other indications of the health of the real estate market, particularly with commercial assets. And we’ve grouped together several questions today on the topic of wholesaling real estate. I’ll be telling you what it is, telling you like it is, and tell you how it is. How to get started, how to make it grow, and why you really should at least consider something else. There’s nothing wrong with real estate wholesaling, but many people have a false impression about what it will do for you. If you’re like Brad Campbell, you can make a career with it, but I can tell you there are few people like Brad Campbell. He’s one of those guys that could sell wood to a forest, a rope to a free climber or religion to the Pope. He’s just that good at what he does. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and n 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! Real estate is HOPPING in Dandong! https://www.npr.org/2018/06/08/618204107/real-estate-jumps-in-chinese-city-bordering-north-korea http://www.dispatch.com/entertainmentlife/20180610/real-estate-matters-appraisal-thats-lower-than-offer-could-derail-sale https://www.seattletimes.com/seattle-news/the-blind-force-of-seattles-real-estate-rush/ http://www.spokesman.com/stories/2018/jun/10/motley-fool-digital-real-estate/ https://www.bisnow.com/london/news/economic-development/ahead-of-the-world-cup-russias-real-estate-market-is-a-lot-better-than-its-team-89355 https://www.forbes.com/sites/forbesrealestatecouncil/2018/06/06/the-best-strategy-in-a-shifting-real-estate-market-add-value/#316f82374da0 http://flatheadbeacon.com/2018/05/30/real-estate-market-trends-5/ https://www.lexology.com/library/detail.aspx?g=f9c9fcb1-fea3-4a6a-b654-dde5cf78f321 https://slate.com/technology/2018/06/redfin-zillow-and-opendoor-cant-disrupt-real-estate-agents-and-may-not-want-to.html https://www.mansionglobal.com/articles/to-gauge-long-term-health-of-a-real-estate-market-look-beyond-sales-prices-98814 Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Dorothy, Villages of Ocala, FL “I have heard about something called real estate wholesaling, but don’t really understand it. I retired from the wholesale grocery industry and know a thing or two about distribution. When it comes to wholesaling real estate, how is it done and what’s the point? I don’t see being a home distributor or having an inventory of homes to sell at a discount to be any great advantage. This is especially true when I hear people say this is a great way to start out, especially if you have no money. There must be a completely different understanding of what wholesaling is when it comes to real estate. Any light you can shed is much appreciated.” Steve from Miami, FL “Thank you so much for your podcast. I listen to it every day driving to and from work, appreciate your help. I have a question regarding wholesaling. I am young and extremely motivated and hungry to be successful in real estate. Being that I am out of money completely, and I love networking, wholesaling sounds like a good way to get started. My question is, what happens if I get the property under contract and then don’t find a buyer to flip to? Anythony, Las Vegas, NV, “I’m LOVING the app! I have it connected to my bluetooth in my car and now it’s all I listen to in the car. I want to dive into this business, but I have a friend who is doing this and he told me I should start with wholesaling since I have no money and don’t know how to get a home repair done. Please tell me how to get started wholesaling.” Candice from Detroit, MI. “I want to get into wholesaling but don’t know where to start. Another wholesaler friend of mine offered to let me co-wholesale her houses. She has 3 of them and offered to split her fee with me if I got them sold. But another friend told me that isn’t legal. Can you help?” Allen, Pittsburgh, PA. “I just joined the PIttsburgh REIA and at my very first networking event a guy told me that wholesaling isn’t real investing.” Now I’m confused - is it investing or not? Wendy, Sacramento, CA “I’m a new wholesaler. What recommendations do you have for building a buyers’ list?” Motivational Thoughts for the day “If you cannot do great things, do small things in a great way.” Napoleon Hill

FAR 157 Expected Air Date: 06/9/18 Opening Your Personal Retreat Everyone needs from time to time an opportunity to rest, relax, recover, and re-focus. I think you should take at least one day off per week for a miniature version of this and perhaps once a quarter, get away for a few days for renewal. Sometimes we need a purposeless vacation. There is a time and a place for this and we all need it. We all really do. It’s good from time to time to have fun for fun’s sake. But that’s a topic for a different show. Sometimes we need a purposeful stop in activities to think about what we are doing, why, how, and get some different perspective on it. Call it a retreat if you will. Can you stay home from the office for a day or two and accomplish this? It’s possible, but there are a few reasons why this is not ideal: There are distractions at home. Your toys are all there! TV, Hobbies, etc. There are expectations at home. Chores, meal prep, normal life. There are patterns of behavior at home. Breaking a pattern is an intentional act and isn’t easily accomplished. If you are in a good pattern with productive habits, you wouldn’t want to break them anyway. Everything looks the same at home. You are still “in” the fishbowl. I think you should get away from home at least 50 miles for a couple of days once a quarter with no plans to do touristy stuff. Here in Atlanta we are blessed to have the foothills of the Appalachian Mountains just an hour or two away. It’s easy to rent a secluded cabin for a weekend. It’s also just four to five hours drive from the beach, but I find the beach comes with a few more challenges. It’s easier for me o sit and think in a cabin in the middle of nowhere than at a beach with thousands of my newest friends hanging around. It will surprise you but if you will just get 50 or 100 miles away and then mentally turn and look back at your life and situation “back home” you’ll begin to gain a little perspective. Want more perspective? Spend some time while you are away thinking about the vastness of space or the infinite smallness of sub-atomic particles, or what life will be like 100 years from now and how will you be remembered? (Here’s a hint: it’s pretty unlikely that you will be remembered 100 years from now outside of your immediate descendants. Most of what we do with our day to day tasks don’t really matter that far out, unless we are operating from a 100 year business plan.) However you accomplish it, try to think about bigger pictures, bigger ideas, different viewpoints. Do this the entire first day you are away without giving conscious thought to your business or life at home. On day two, you will no doubt wake up with a different perspective. Occasionally those breaks can serve both purposes, but this should not be done without thought, planning, and communication with others who may be with you during the break time. Don’t go on vacation planning to read business books, re-focus your goals, or re-organize your company without speaking with your spouse about this. Your partner may believe you are getting away just for fun and relaxation.   How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and soon the entire catalog of shows will be 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. Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -- Zig Ziglar Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!

FAR 156 Expected Air Date: 06/5/18 Opening Good morning everyone I’m Roger Blankenship your host. I teach people how to make money in real estate. We don’t encourage everyone to drop what you’re doing and start flipping houses like you see on TV but we do encourage everyone to include real estate as a part of a balanced investment portfolio. Let’s talk about real estate! Let’s talk about life. On this show we try to bring you the best news and how-to information, resources, statistics, demographics, trends, styles, ideas, techniques and introduce you to people who are turning all of this into successful businesses and careers. Years ago I was visiting with a friend in a small town in rural north Georgia and we were touring his farm. He was a chicken farmer. That’s right, a chicken farmer. If you’ve never been to a chicken farm, try to imagine a barn that’s the length of a football field. Now imagine 6 of these lined up in a row, each one filled with a hundred thousand or so chickens. Now imagine a powerful ammonia smell that is especially difficult on hot summer days. That doesn’t tell you what it’s like to actually raise the chickens, but that’s what it’s like to be there. As my friend told me about the process and how it worked with the packaging company, I grew especially interested when he told me how much money he could make from each chicken house. As I did the math in my head I started picturing myself as a chicken farmer so my questions turned a bit more personal. “What does it take to be in this business and stay in it”, I asked.  He thought for a moment and then said, “well, you kinda have to like chickens.” I think that’s true about anything you’re going to do. If you want to be a real estate investor you don’t have to love real estate. You just kinda have to like it. You have to like it enough to get out of bed every morning and make things happen. Because this business isn’t going to come to you. It’s out there and it’s within your grasp, but you have to go get it. I want to think more about farming today because it’s June and the peak of growing season and indeed here in Georgia, some crops are already coming in. I’ve never been a farmer, but when I was a kid and all the way through my high school years my dad maintained a garden, usually a couple of acres. And my sister and I were part of the labor force to make that garden productive. We were there for the planting, the cultivating, the weeding, the harvest, AND the preparation of the food for long-term storage. There are several important steps in growing a crop and I’m intimately acquainted with them all. But nothing is more important than planting seed. Without that, you’ll never have a crop. Today I’m going to use this analogy for your business. “Business Gardening” Prepare the soil. Get your training, Do your homework, Prepare your presentation, practice your pitch. Get your heart right, your mind focused, and your hands and feet ready to work. Plant lots. Seed is inexpensive. In business it’s your time, your conversations, your networking, your energy. Don’t worry about using up all your energy, you’ll have a fresh batch tomorrow. Plant even where you haven’t prepared the soil. Don’t try to control the results from a limited planting, just plant lots of seeds. Finding deals? Work lots of sources and work them a lot. Raising money? Never selling, but ALWAYS informing, ALWAYS listening, Need contractors? Interview lots and constantly. Growing your market? Talk to a LOT of realtors. Plant LOTs Plant everywhere. Don’t worry whether your patch of land gets enough sun or water. You never know what will come up. Plant all the time - in business continue to plant while you are cultivating the current crop. Plant even while you are harvesting. Plant in the morning, plant in the evening. Plant all day long. Every conversation is a potential connection. In time you will find it difficult to cut loose and just have a relaxing time with friends without talking about your business. Good! You are almost there. I’m not saying you should never relax and have a good time, but honestly, 98% of us don’t need any practice with that. We need to get serious enough about growing our business that it consumes our thinking. In the winter time my dad often sits at the window looking out at his garden. Not saying a word, he’s just thinking about what he’s going to plant and where he will plant it next year. He’s making a schedule. It looks like he’s relaxing and doing nothing, but what he is actually doing is creating next years harvest. Plant more. This is a tough time to find a deal. If that’s the way you choose to look at it, then it will be. There’s always something tough, always a challenge. But there is always an opportunity. And it is ALWAYS there for the person who is looking, listening, working, and PLANTING SEED. Fertilize the garden - Not talking about layering your business presentations with manure. What I mean is create credibility by keeping track of what you are doing, document your successes and use this credibility to make your seed-sowing more fruitful down the road. Weed your garden. Weeds can choke out the harvest. Destroy productivity, reduce fruitfulness, limit results. Answer questions Deal with objections to your plan. Resolve impediments Weed often - the little weeds are easier to get out. Conduct frequent reviews. Review Plans and forecasts. Windshield weeding Review Results - Rearview mirror weeding. Automate the weeding as much as possible. Refine processes - eliminate inefficiencies. Hand-pulling, pencil and paper monitoring One-wheel harrow, spreadsheet TRACTOR!, apps, scanner, technology Water the garden - Follow up. Stay in touch People don’t want to be sold to. They want to be heard. No one cares about your business goals. Everyone cares about their own goals. Make it your goal to help others reach their goal. Pour it on. Not repetitive sales pitches, but attention and commitment to others. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and soon the entire catalog of shows will be 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.forbes.com/sites/forbesrealestatecouncil/2018/05/31/rent-control-what-it-means-for-the-real-estate-marketplace/#610899197670 http://austin.culturemap.com/news/real-estate/05-30-18-tiny-homes-convention-simple-living-jamboree-travis-county-expo-center-august-kasita/#slide=0 https://www.seattletimes.com/business/real-estate/seattle-real-estate-startup-which-aims-to-make-everyone-a-cash-buyer-raises-17-million/ https://www.housingwire.com/articles/43553-flat-fee-real-estate-company-home-bay-buys-50-stake-in-ontitle https://www.prnewswire.com/news-releases/flyhomes-increases-certainty-for-buyers-and-sellers-in-nations-most-competitive-real-estate-markets-300657075.html Motivational Thoughts for the day "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -- Zig Ziglar Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! [email protected] Tell us where you’re from!

FAR 155 Expected Air Date: 06/2/18 Opening Over the past couple of weeks we have been visiting together around topics that some in the training industry would call “mind-set pieces.” We have talked about knowing your Why - understanding your basic motivations. We’ve talked about Choices and how your life is a reflection of the choices you’ve made and your future will be determined by the choices you’re making in the present. On the last show I shared some thoughts with you about Confidence. Confidence is a beautiful thing when you have it. Life is difficult without it. Business is nearly impossible without it. So I talked about how to get it, how to keep it when life happens, and how to keep it in check through realistic self-appraisal. I also talked a bit about mistakes and failure as these are often the result of over-confidence. But even these are not the end of the story, because you can overcome most of life’s obstacles if you have a healthy dose of today’s mind-set topic - COMMITMENT. I’m going to devote some time to this important topic in a bit. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and soon the entire catalog of shows will be 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.forbes.com/sites/forbesrealestatecouncil/2018/05/31/rent-control-what-it-means-for-the-real-estate-marketplace/#610899197670 http://austin.culturemap.com/news/real-estate/05-30-18-tiny-homes-convention-simple-living-jamboree-travis-county-expo-center-august-kasita/#slide=0 https://www.seattletimes.com/business/real-estate/seattle-real-estate-startup-which-aims-to-make-everyone-a-cash-buyer-raises-17-million/ https://www.housingwire.com/articles/43553-flat-fee-real-estate-company-home-bay-buys-50-stake-in-ontitle https://www.prnewswire.com/news-releases/flyhomes-increases-certainty-for-buyers-and-sellers-in-nations-most-competitive-real-estate-markets-300657075.html Topic: Commitment Imagine your life as a car. Your “Why” is the fuel. Your Confidence is the engine. Your Choices are the steering system. And your Commitment is the car’s electrical system. You can have your purpose, your moxy, and your path all figured out, but without commitment you’re going nowhere. Commitment is a decision or a choice if you will, a decision to begin. Commitment is where you start and how your start. No effort is required to go downhill. Commitment is there to take you uphill. Commitment is completed by its sibling Discipline. They don’t always go hand in hand. Commitment will get you to the gym for a couple of days. Discipline will keep you there for years. Commitment will allow you to plan out and begin your business. Discipline keeps you at it when it gets tough, when it gets mindlessly easy, or even when it gets boring. The analogy is imperfect though. Both commitment and discipline need to be re-visited, tuned up, or re-stocked as needed. I’m quite sure there’s nothing I can say about commitment that hasn’t already been said. But repetition is good for the soul, the mind, and the life. So here we go. I’ve said for sometime that goals without a plan is mere wishful thinking. Here’s the next thought. A Plan without commitment is a step-by-step outline of failure. It’s not enough to WANT success. It’s not enough to PLAN for success. You have to commit. You’re probably familiar Hernan Cortes landing in the new world in 1519 and ordering his men to burn their ships. That was it. No going home. Two years later he had conquered the Aztec Empire. There’s something about having your back against a wall that gives you that extra unction you need to make things happen. This is a good thing. Your ultimate success is of course going to require Goals, Plans, Confidence, Good Choices, and a reasonable opportunity. But the one thing that will connect all of those is Commitment. Have you tried to get involved in real estate investing and so far had little or no success? Are you frustrated (and let’s be honest, a little envious) when you see people around you seeming to do so well? Do you get perhaps a little resentful that it seems to come so easily for some while it remains difficult for you? Are you tired of trying and ready to give up? Let me encourage you if I can. No one’s life is a easy as they may make it appear. And by the way, few whiner’s lives are as difficult as they want you to believe, but I digress… Every person is on a journey to somewhere. You are on yours. If your goal and plan and path are leading to success, then don’t worry if someone seems to be ahead of you. In fact, choose to rejoice and be happy for the confirmation that this path really does seem to work. Taking too long to get there? Stop focusing on the speed and start concentrating on the difference you are making in others’ lives while on the journey. I can tell you from history and from personal experience that the journey is always more interesting than the destination. The moment you arrive at what you think is your destination I promise you will find another goal and quickly realize that this isn’t a destination, it’s a waypoint - a milestone. There’s more road ahead. Challenging? Bring it on. Difficult? Let’s do this. Confusing? Interesting - let’s figure it out. Whatever it is that is slowing you down is actually helping you get better and BE better. So if things are not working out the way you thought they would or should, first double-check your Goals, Plans, Opportunity, Path, and Choices. If they are all sound, then re-commit to the process. Embrace hardship as life’s reality and choose joy in the journey. I promise you won’t regret true commitment. Motivational Thoughts for the day Success is not final, failure is not fatal: it is the courage to continue that counts. – Winston Churchill Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Alyssa, Milwaukee, WI, “I’m speaking with a lady who wants to sell her home to me. She’s in her 60’s and wants to move to a Senior living center. She has lived in the house for the past 35 years. She is a bit of a hoarder with piles of books and magazines in every room in the house. It’s hard to really know if there is any serious damage, but the house seems structurally sound. It needs some serious updating. I don’t know how to price this and I don’t know how to approach her with an offer. Houses are selling in the neighborhood for 400. There’s a new neighborhood going in across the street with similar sized homes going in the 600’s. My seller wants a fair price and I want to give it to her but neither of us have a clue what that would be. Oh and if it matters I’m planning to flip the house. Brandon, Kalispell, MT, “I was in Las Vegas last week visiting friends and they told me about your show and that you had mentioned our little town more than once. So I checked it out and you give a lot of really good information. But how on earth did you hear of Kalispell?” Connie, Portland, ME, “When it comes to paint, do you specify a particular brand? There are so many - are they all about the same? And why would there be large differences in quality anyway? Isn’t paint paint?” Hector, Jacksonville, FL “Can you connect me with a lender who will loan on rental properties -- I have a lead on several here from $50,000 to $125,000 in price.? Donna - Wholesaler in Colorado Springs, CO. “I’m knocking on doors and making friends, getting leads, but when it comes to figuring out what remodeling will cost, I’m just guessing. How can I be more accurate?” Whitney, Philadelphia, PA, “I have money to put into real estate and I’m intrigued by your idea of private lending. How would I set this up? I want to loan money to people you recommend.” William, Fargo, ND. “I found your show on the internet and I’m enjoying it so far. Do you have an opinion about owning rental properties in a place like Fargo? This is the way I would want to pursue real estate.” [email protected] Tell us where you’re from!

FAR 154 Expected Air Date: 05/31/18 Opening Hello Everyone. Great to be with you today. Today we are going to be talking about a quality that is absolutely important for any business owner,  Confidence. You have to have it, but how do you get it? How do you keep it when life happens? How to you keep it in check - to prevent being over-confident? All that is coming up with a few lessons learned the hard way in just a few moments. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and soon the entire catalog of shows will be 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/latest-real-estate-trend-coloring-books-grown-ups/ http://www.nreionline.com/nrei-wire/10-must-reads-cre-industry-today-may-30-2018 https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/30/the-state-of-the-union-of-real-estate-investing/#2a91d773a139 http://www.nreionline.com/seniors-housing/how-seniors-housing-noi-growth-compares-other-sectors https://sf.curbed.com/2018/5/30/17409024/case-shiller-index-first-quarter-2018-san-francisco-housing https://www.realtor.com/news/unique-homes/chevy-chase-mansion-maryland-most-expensive/ https://seekingalpha.com/article/4178005-redfin-amazon-real-estate https://www.cnbc.com/2018/05/29/mortgage-rates-drop-but-borrowers-are-not-impressed.html https://therealdeal.com/chicago/2018/05/30/condo-deconversions-are-all-the-rage-in-chicagos-hot-rental-market-heres-why/ https://seekingalpha.com/article/4178036-housing-bubble-pathologies-start-bite-yet-another-sign-cycle-peaked https://www.marketwatch.com/story/how-10-year-yield-affects-your-mortgage-2018-05-30 https://seekingalpha.com/article/4178065-headwind-facing-housing https://www.bisnow.com/national/news/office/wework-property-fund-raises-400m-giving-it-huge-warchest-to-buy-buildings-88970 http://www.nreionline.com/multifamily/multifamily-rent-growth-stalls-top-markets http://austin.culturemap.com/news/real-estate/05-30-18-tiny-homes-convention-simple-living-jamboree-travis-county-expo-center-august-kasita/#slide=0 Topic: Confidence Confidence is a vital quality for life but especially for business owners and operators. Confidence is an attracting quality that draws people to you. Properly sized and placed confidence provides inspiration, makes those around you more comfortable. For some people, confidence seems natural and easy. For others it’s a challenge and their self-messaging often tells them they will never be a confident person. This is one case where what you tell yourself will certainly determine the outcome. Even the naturally confident person knows fear. The difference is what you do about it. Difficult if not impossible to launch your own business without confidence. You must believe in yourself, your idea or business plan, and in your ability to make it happen. This belief must be so strong in you that you can overcome the inevitable hardship you didn’t plan to experience. Must be balanced. Over confidence can harm you and others. Cross the line too far and you’ll come down hard. So the first battle is to get confident. The next battle is to temper that confidence with a healthy dose of realism. How to get confident. Where does it come from? You don’t gain confidence from participation trophies. You gain confidence through actual achievement. Some is innate. Natural abilities Acquired Knowledge Learned skills Repetitive application of knowledge and skills to reach the “reflex point.” You no longer have to think about this thing you are doing, you just do it. Professional athletes. Skilled artists Public speakers Business leaders Repetition creates Reflex leads to increasing confidence. Confidence feeds repetition and even greater skill level Overcoming Fear Faith Encouragement from others. WaterBoy: “You Can Do It!”, How to NOT get over-confident. How is it tempered? The DANGER of success. Over-confidence, over estimating one’s ability, over reaching. The Waterboy says “You Can Do It” but life sometimes says “You Can’t Do That!” Young children often seem confident without being overly self-aware. Life has a way of beating us down and sucking the confidence out of us. Realistic Self Appraisal. A Man’s gotta know his limitations, Dirty Harry Going Trophyless. Not winning it all Failure: Not winning AT all. The Balancing Point Confidence coming from experience. Cautious courage in taking on something new. Prepare Mitigate Risks Dip a Toe in. Periodic Self-Review Be honest with yourself Give someone else permission Seek the company of superiors. Accept their input, trust their processes. You don’t need to know why something works at first. Just follow the example of the person for whom it is working. Lend a helping hand to others behind you but on their way up. Embrace the occasional setback, conflict, and difficulty. As we climb the mountain we call life, it’s the bumps that give us a hand hold and then become a foothold, thus enabling our ascent. Motivational Thoughts for the day Success is not final, failure is not fatal: it is the courage to continue that counts. – Winston Churchill Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Alyssa, Milwaukee, WI, “I’m speaking with a lady who wants to sell her home to me. She’s in her 60’s and wants to move to a Senior living center. She has lived in the house for the past 35 years. She is a bit of a hoarder with piles of books and magazines in every room in the house. It’s hard to really know if there is any serious damage, but the house seems structurally sound. It needs some serious updating. I don’t know how to price this and I don’t know how to approach her with an offer. Houses are selling in the neighborhood for 400. There’s a new neighborhood going in across the street with similar sized homes going in the 600’s. My seller wants a fair price and I want to give it to her but neither of us have a clue what that would be. Oh and if it matters I’m planning to flip the house. Brandon, Kalispell, MT, “I was in Las Vegas last week visiting friends and they told me about your show and that you had mentioned our little town more than once. So I checked it out and you give a lot of really good information. But how on earth did you hear of Kalispell?” Connie, Portland, ME, “When it comes to paint, do you specify a particular brand? There are so many - are they all about the same? And why would there be large differences in quality anyway? Isn’t paint paint?” Hector, Jacksonville, FL “Can you connect me with a lender who will loan on rental properties -- I have a lead on several here from $50,000 to $125,000 in price.? [email protected] Tell us where you’re from!

Hello Everyone and welcome to Flipping America. Today we are going to talk about how to get started as a Real Estate investor. I'm going to break down some of the big steps for you in the next few minutes. Then we are going to explore what you do when you don't see the opportunities in your area. Jennifer Beadles is in Seattle but she invests east of the Mississippi. Stay tuned as I talk with her about the process of setting up a remote investing business. Thanks for tuning in and we hope you'll stay tuned as we try to bring you the best news and information to help you grow your real estate investing business.

Guests Today: Desktop Investing with Jon Ionatti Multi-Family Investing with Juan Pablo  

Questions from listeners: From Bob in Long Beach California: I’m looking at a possible rental property. The rent is about $750 per month less than the payment but I feel like long-term this will be a good investment for me. What are your thoughts?   Research: The median home value in Long Beach is $544,600. Long Beach home values have gone up 6.8% over the past year and Zillow predicts they will rise 0.8% within the next year. The median list price per square foot in Long Beach is $407, which is higher than the Los Angeles-Long Beach-Anaheim Metro average of $394. PITI payment about 2700.   The median rent price in Long Beach is $2,125,   Indianapolis: The median price of homes currently listed in Indianapolis Metro is $164,900. The median rent price in Indianapolis Metro is $1,100, which is higher than the Indiana median of $1,000. PITI: $725   Derek from Atlanta wrote in: “I’m having a really hard time finding a deal in Atlanta. The market is so hot here whenever a property is listed, there are usually multiple offers the same day.” Suggestions? If a market is that hot, it’s because of low inventory. This is a good time to be a builder or to invest in one. Deals are still out there even though they are harder to find. MLS may not be the best source. Driving for dollars Deal marketing Pre-foreclosure marketing Move away from the metro area - look to outlying counties. Study population stats - go where it’s growing, but not over-heated. Consider other areas completely. Keep listening to this show or sign up for one of our courses and learn how to flip properties in other state. This is the un-sexy part of being a real estate investor. Sometimes it just seems like work.   Francis from Pittsburgh PA writes in with this question. “I found a great deal. A friend of mine needs to get rid of his house quickly because he got transferred. We spoke to a realtor who said it’s worth probably $160,000. He’s willing to sell it to me for $130,000. All it needs is interior paint and a kitchen makeover. What do I do now? This isn’t a deal if you plan to fix and flip. If you want to move in, probably fine. Candidate for a subject-to purchase or take control with a lease option and flip that. Too many details for the time we have here, but do not buy this house thinking you will fix and flip it for a profit.   If you have questions, we have answers or can find them. Send your questions to [email protected].  We don’t do tax or legal advice on this show and anything you hear that sounds like that wasn’t intended to be that. We are just providing education and using examples for illustration.   We are the real estate investing resource for you. If you need deals, we have them all over the country. If you need training, we have that. Do you need funding? We can do that. How about a combination of training and funding? We can do that. Don’t want to do the work but want to make great returns by investing in someone who is getting it done? We can help you there as well. Whatever you need for real estate investing, if we can help you, we will. You can reach me directly at [email protected].      How to become a millionaire with real estate:   Cash Flow Appreciation (including forced appreciation) Loan pay-down Tax benefits   Show Guest: Vincent Polisi

Alison Feliciano at 5 Credit Restoration Mark Hall. As always I am going to share some investing tips for you and answer a few questions. Later in the show I’m going to tell you why I prefer RE investing to stocks. But first let’s check some emails. Wrap up with about 7 minutes Open: Mailbag: From Tyler in Tampa, FL. “Roger do you have some guidance for what you would pay for a rental property and where you would buy it?” Rent times 60 is almost always a good deal. Stable neighborhood or one with upside. Avoid chronically bad parts of town. Who wants to live there? Only people who want that lifestyle or who can’t afford to get anywhere else. Our heart goes out to good people who are struggling financially. Been there done that. We can do things to help out in other ways including support for local and national housing charities. But this is business and it is not a good business decision to own assets in areas like this. Small low maintenance homes. - brick is great. Duplex, Triplex, Quad - usually excellent choices. The town doesn’t matter that much to me as long as I can find good property management. I recommend you secure the property manager before you close on the purchase. I also recommend purchasing multiple properties in the same area if possible to get you preferred treatment from the property management. From Virginia in Atlanta, GA. “Roger I need some help. I am a real estate agent and I see properties out there that look like a good deal, and I know I want to get involved in investing, but I’m nervous. I haven’t done this before and even though I know a lot about the transaction, I don’t know for sure whether I can make money and I don’t know how to get the rehab done correctly and most of all, I don’t have enough cash to buy the property and fix it. Is there anything I can do and if so, what?” Virginia that’s a GREAT question. I hear this one probably more than any other.

Frank Rolfe has literally written the book on buying Mobile Home Parks. He's our guest today on Flipping America and will be here in a few minutes to talk about it.  

Pat Dornan is Guest, Ultimate Rehab Estimator News You can use: Washington Post: Article on Selecting a Realtor, Ilyce Glink Very good - Some differences with selecting a realtor to work with you as an investor Treat house as inventory, not home Daily costs Cash flow Opportunity costs Forbes: How To Get Rich In Real Estate - Without Being A Landlord REIT: If you’re good with a 4.5% return, go ahead. Book Review and Notes: Donald Trump: The Best Real Estate Advice I Ever Received. It's not just location. It's also price and product. Go where wealthy people are living and playing Fit buildings to the area Know your point of indifference. When it is crossed, walk out. Commit to win. Don't count on luck. Take your profit and move on.   Know the local conditions and traditions. 98% of real estate is the same everywhere. For the 2% you must have to win, find a local person who is knowledgeable, reliable, and trustworthy. Buy the neighborhood, not just the house. Watch the pennies and the dollars will follow. Puppies become dogs. Buy low, sell high, and don't be greedy.   Questions from listeners: Alex from Denver: “I’m about ⅔ of the way through a rehab, but my contractor has disappeared. I can’t get him to respond to texts, calls, or emails. I have found that he took several shortcuts and created problems I have to fix. There isn’t enough money left in the rehab escrow with my lender to cover all of these problems. What do I do?” This is actually 3 problems rolled into one question: Contractor disappeared Fixing contractor problems Running out of money Contractor disappeared: What does contract say? Notify, then dismiss. You have interim lien waivers for all work done so far, right?? This is why we are constantly interviewing contractors. The contract stipulates that all work will be performed to code and to the standard described in the Scope of Work. Contractor will make all needed corrections until standards are met at his own expense. Contractor disappeared? It will come out of your pocket, so KEEP A CLOSE WATCH. Running out of money. Could happen even if the contractor is fine. Unexpected problems occur. (almost an oxymoron - “expected” problems aren’t usually a problem). The Unexpected can drain cash and cause budget concerns. Contingency in budget Cash Reserves If budget is busted, can we sell for higher? Dump to another investor with cash to finish. Try to break even and move on. Contractor problems are the NUMBER ONE issue with rehabbers and their work. My business limped along until I found a good one and then struggled mightily when my good one went bad and I didn’t have others lined up. Marty from Dayton OH: I’m looking at 4 or 5 possible deals that I can buy for less than $20,000 each. I can buy two of them. All of them are in the same area - it’s not a great area, but it’s not a war zone either. The realtor tells me they will rent well and the return will be pretty good. My concern is the value of the property isn’t going to increase much over the years. What are your thoughts? Begin by reviewing your personal goals. If it is long term relatively passive cash flow, these may be a good option. One good question I’ve learned to ask myself over the years is this: “How could this property kick me in the fanny?” Your answer to that question may guide you. In many cities there is an ebb and flow to neighborhood quality. They are either improving or declining. This is less often the case in suburbs or small towns. Look at the larger trends in the area. A similar question is to consider the upside. What are the potential rewards? Barnesville, GA, 2009, $8000. $650/month rent. Unless you buy a distressed property or a temporarily distressed location, real estate isn’t typically going to appreciate much beyond the rate of inflation. In high growth areas you will see an exception, but everything has cycles. High growth areas are good places to buy now, but even they will eventually level off.

Jim Beach is a serial entrepreneur with success in building large companies with the systems to support them. Jim started his first company when he was 25 years old. He was the Co-founder and CEO of American Computer Experience, which he grew with no capital infusion to $12 million in annual revenue in 2000 and to over 700 employees, operating in 39 states and three countries. American Computer Experience became the world’s largest technology training company for children, and enjoyed sponsor tie-ins with Microsoft, Intel, Lego, NASA, and many others. The Atlanta Business Chronicle recognized the company as one of the fastest growing companies in Georgia for both 1999 and 2000. In 2001, Jim was selected as one of the “Forty under Forty” most influential citizens by Georgia Trend magazine. He sold the company in 2000 and joined Georgia State University teaching International Entrepreneurship. Jim’s first book, School for Startups, was published by McGraw-Hill in June 2011. He was featured in the Wall Street Journal (US and Indian editions), Entrepreneur, Fortune, Kiplinger, Wired, the NYT, NPR, MSNBC, CBS, and CNN. He has consulted and run educational programs for SunTrust, Wells Fargo, and Toshiba and has been a featured speaker around the US and in Egypt, Dubai, Japan, South Korea, Argentina, Brazil, and India. Jim completed 2 of 3 years of a Master’s of Architecture at Georgia Tech and was a residential construction worker for 2 years. He is qualified in all areas of construction except electrical.

FAR 008 Marty from Dayton OH: I’m looking at 4 or 5 possible deals that I can buy for less than $20,000 each. I can buy two of them. All of them are in the same area - it’s not a great area, but it’s not a war zone either. The realtor tells me they will rent well and the return will be pretty good. My concern is the value of the property isn’t going to increase much over the years. What are your thoughts? Begin by reviewing your personal goals. If it is long term relatively passive cash flow, these may be a good option. One good question I’ve learned to ask myself over the years is this: “How could this property kick me in the fanny?” Your answer to that question may guide you. In many cities there is an ebb and flow to neighborhood quality. They are either improving or declining. This is less often the case in suburbs or small towns. Look at the larger trends in the area. A similar question is to consider the upside. What are the potential rewards? Barnesville, GA, 2009, $8000. $650/month rent. Unless you buy a distressed property or a temporarily distressed location, real estate isn’t typically going to appreciate much beyond the rate of inflation. In high growth areas you will see an exception, but everything has cycles. High growth areas are good places to buy now, but even they will eventually level off. Edward from Columbus GA contacted me with this question: Looking at land deal. Owner Financing Land is $325,000 for all. $65 - $85 / sf. 8 houses can fit. Sell for 200,000 each. Patrick from Lancaster, PA. I have 25,000. I can put 4-5 hours a week into this. What should I do first? Sherwin from Jacksonville, AL. I am retired from the military. I have a pension, I have some savings. But mostly what I have is time. What can I do to get started? I would like to do this right here in the Jacksonville / Anniston area.

FAR 010 News Commercial Markets are bullish on Trump. Article in bizjournals.com. In 2014, 100% of the brokers surveyed said they were uncertain with the federal government’s policies and how they would affect markets. In their most recent survey that number is down to 37 percent feeling uncertain. I don’t know what that means but the article states that this is a sign that the commercial real estate industry is generally bullish on President Trump. I don’t know whether a decreased level of uncertainty is actually a measure of anything. We all know or should know that much of the market is driven by consumer and investor confidence. This article is an example of a survey with rather nebulous logic being used to try to create positive momentum. The rest of the article suggests a commercial building boom is in our near future. It concludes with an authoritative sounding quote from Mark Stapp, Executive Director of the W.P. Carey Master of Real Estate Development program. But his quote is basically his opinion, which by definition would be biased in favor of an optimistic view of the commercial market. He offers no supporting evidence whatsoever. Hey, everyone is entitled to their opinion. I respect Mr. Stapp’s opinion and would agree he is in a more informed position than I. I just don’t think combining his opinion with a survey of the opinions of other commercial brokers makes a conclusive case. On the other hand, as part of a larger effort to create enthusiasm, I concede they will ultimately be correct, but only because consumer and investor confidence is picking up. I have opinions too. I happen to believe that Trump’s presidency will ultimately be good for the economy and as a part of that, commercial real estate. I am not going to use some semi-logical and quasi-authoritative article to substantiate that claim. Am I being contradictory? No. I try to make a habit of sorting out the actual news from opinions. I consider the source for whatever I’m reading or hearing. I compare with other voices. I intentionally read the opinions of those with whom I fundamentally disagree. Why? Because if you always listen to people you know you agree with you are only learning how to repeat someone elses thoughts. If you consider other points of view, you arrive at your own opinion. You still might be wrong, but at least you own it. So I agree that commercial real estate will soon be back on the rise. I just don’t think this article proves anything other than some people agree with me. America’s Real Estate is Booming, but is it a bubble? No question it is hot. Shortages everywhere Builders scrambling to ramp up production, Four high rise projects within ¼ mile of me - all 25+ story buildings and all residential. 26% surge in prices nationwide since the low in March 2012 In the next 12-24 months supply will begin to catch up to demand The rate of increase will level off. Hedge Funds are beginning to dump properties. Their models must be suggesting it is time. Seattle times: Alexander Phillips, Twinrock Partners, “We view this as a trade, not as a business.” Larger hedge funds are buying smaller ones, but many properties are hitting the market They have about 200,000 homes. Blackstone has about 45,000. According to www.thebalance.com, banks returned to selling mortgage backed securities on the secondary market in 2013, BUT They are holding on to more of their own paper due to Fannie and Freddie fee increases. It’s cheaper for them to hold on to the safer loans. They are making more jumbo loans which are not insurable by Fannie and Freddie Lending requirements are tighter, basically requiring the borrowers to demonstrate credit-worthiness. No more “liar loans.” When the housing market collapsed, these loans accounted for less than 20% of all loans made but caused 50% of the losses. So far there are no Collateralized Debt Obligations being sold. I think we might have learned some lessons and I do not believe we are about to repeat the cycle of 10 years ago. Interest rates will continue to rise as the economy strengthens. I predict we will see a flattening of the rate of cost increases of homes. In super-heated markets we might even back up a bit when supply begins to exceed demand. What does all this mean to you as a real estate investor? This is a good time to buy rentals if you can find distressed properties at below market rates. Higher home prices mean more renters. Be prepared to hold them awhile. The Hedge Funds showed no mercy to competitors while paying too much for most of what they bought. Show them no mercy in buying what they are dumping. It’s not revenge, it’s just doing business to win. Whatever the market conditions, there is opportunity out there. All you need to know is what you can sell it for and your costs of improvements, From those two numbers you can back into what you will pay for anything. Not all sellers will play ball. But some will. Keep asking, keep seeking, keep knocking. Mail Scott from Greensboro, NC. I have a couple of rental properties in Greensboro, NC. I need to sell them. What do you suggest I do? List them! Put them on Craigslist. You’re going to sell to an investor, so be prepared to accept what an investor will pay. Cash on Cash return. 10% ok, 12% will get it sold quickly.   Brian from San Diego. I hear what you are saying about the desired returns on rental properties, but those numbers are just not possible here in San Diego. The average 3 bedroom home here in an area that is somewhat ok is around $600,000. It would rent for $3300, but that’s far less than the numbers you talk about. What would you recommend? Lesson Let’s Find a Deal! Drive Around Absentee Owners Letters and post cards Door Knocking campaign Biz Cards Flyers Foreclosure Auction Craigslist MLS

FAR 011 Announcements: Email and website are down. Email has a temporary fix. Website will be up soon. Emails today: Billie Jean from Meridian MS. One of my rental houses has developed a mold problem. The tenants are refusing to pay the rent and are threatening to sue me. Lorna from Atlanta: I want to make an offer on a house I found on Craigslist. The seller doesn’t want a realtor involved. That means I can’t get access to a standard purchase and sale agreement. Where can I get one? We are sending you a sample contract that we know works in Georgia. Fran from Boulder, CO: My husband and I are ready to sell our rental properties and retire. We have 12. They don’t give us many problems but we are about to hit our 70’s and we just don’t want them any more. We’ve thought about listing them, but would not want to displace our tenants. Some of them have been there for years. What are your thoughts? Guest: Charlie Fowler, Legal Shield

Today we are joined by local Atlanta entrepreneur and investing legend Joe Thompson. Joe leads a group of investors that over the past 17 years have conducted more than a half billion dollars in real estate transactions with each other.  

FAR 013 Announcements: Remember the website and email have been down. If you sent an email and it bounced back, please re-send. Today’s show We a  re going to finish the conversation about Contractors, contracts and vital construction documents. Updates: The other day Joe Thompson: “If at first you don’t succeed, then go back and do what your coach told you to in the first place.” Eriq: doing exactly what I tell him to do. Last week he drove several subdivisions, found 60 possibly vacant homes. Did his research, mailed letters, and over the weekend made 27 offers. Today he reports that two of his offers have been accepted! Remember, he’s 20 years old. Does he know what to do next? Nope. But that’s the beauty of our training. I’m working with him on the next steps and the ones after that until we have fixed the properties and sold them to new homeowners. Anna from Houston writes: “I can’t get realtors to find deals for me. I’ve told them I want to buy several houses but I never hear anything back from them. Why are they so un-interested in helping me. Don’t they realize they would be making money?” Big Rehab Steps During DD, Walk property Create Scope of Work Solicit Bids Cancel or renegotiate purchase agreement if too high Select Winning Bid Hold Mobilization Meeting Sign Contract Verify the 8 Essential Docs Begin Work Visit often, irregular schedule Updates Daily Photos Weekly, same spot Payments with Interim Lien Waivers Final Inspection and punch list Final Payment and final lien waiver

FAR 013 Announcements: Remember the website and email have been down. If you sent an email and it bounced back, please re-send. Today’s show We a  re going to finish the conversation about Contractors, contracts and vital construction documents. Updates: The other day Joe Thompson: “If at first you don’t succeed, then go back and do what your coach told you to in the first place.” Eriq: doing exactly what I tell him to do. Last week he drove several subdivisions, found 60 possibly vacant homes. Did his research, mailed letters, and over the weekend made 27 offers. Today he reports that two of his offers have been accepted! Remember, he’s 20 years old. Does he know what to do next? Nope. But that’s the beauty of our training. I’m working with him on the next steps and the ones after that until we have fixed the properties and sold them to new homeowners. Anna from Houston writes: “I can’t get realtors to find deals for me. I’ve told them I want to buy several houses but I never hear anything back from them. Why are they so un-interested in helping me. Don’t they realize they would be making money?” Big Rehab Steps During DD, Walk property Create Scope of Work Solicit Bids Cancel or renegotiate purchase agreement if too high Select Winning Bid Hold Mobilization Meeting Sign Contract Verify the 8 Essential Docs Begin Work Visit often, irregular schedule Updates Daily Photos Weekly, same spot Payments with Interim Lien Waivers Final Inspection and punch list Final Payment and final lien waiver

Malhar Bhagat joins us today and shares his amazing story of how, driven by desperation, he began investing in real estate and turned his life around. Stay tuned for his amazing story.  

We are joined today by Ramon Tookes, noted Atlanta investor and Founder of Flipology, a real estate training program.  

Noted strategist and consultant Hugh Ballou joins us today to discuss proper structure for your business (or non-profit).  

FAR 018 Opening Send those emails: [email protected] Ashley, from Oconomowoc, WI writes: My husband and I are thinking about investing in a cabin near a local ski resort. It seems like a good purchase for us, but when we look at the numbers we would need for it to be rented out half of the weekends of the year to break even. What are your thoughts about vacation rentals as investments? Franklin from Pittsburgh asks: For a rental portfolio, single family, duplex, quad? What would you prefer? Suzanna heard the show while visiting Las Vegas but lives in Chattanooga, TN. She asks, “I’ve been thinking about this for awhile and I believe I could do this flipping thing. Where do I start? Show Guest Using your IRA to invest in Real Estate, with Mike Ventry from Advanta IRA. Conclusion: Let’s Talk about Networking

FAR 018 Opening Send those emails: [email protected] Ashley, from Oconomowoc, WI writes: My husband and I are thinking about investing in a cabin near a local ski resort. It seems like a good purchase for us, but when we look at the numbers we would need for it to be rented out half of the weekends of the year to break even. What are your thoughts about vacation rentals as investments? Franklin from Pittsburgh asks: For a rental portfolio, single family, duplex, quad? What would you prefer? Suzanna heard the show while visiting Las Vegas but lives in Chattanooga, TN. She asks, “I’ve been thinking about this for awhile and I believe I could do this flipping thing. Where do I start? Show Guest Using your IRA to invest in Real Estate, with Mike Ventry from Advanta IRA. Conclusion: Let’s Talk about Networking

Today we are joined by Erik Barlow and Avery Rucker from FundSource. Find out how you can get your deals funded. Editor's Note: Yeah we were a little thin on "show notes" sometimes in the early days.

FAR 020 Benjamin Franklin, Signer of the Declaration of Independence "[O]nly a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." This thought is brought to you by the Foundation for Renewal, working with communities to impact and improve lives. On the web at RenewalFund.net. Emails: From Stan in Boulder, CO. “How do I fire a contractor?” Loaded question! Hopefully you have a written agreement. Make sure you follow it carefully. And hopefully your lawyer checked out the agreement before you signed it. Your Legal Shield attorney will review this agreement and any other contract you want her to see for free. Notify in writing of default and intent to fire. If default not cured, terminate as soon as possible. Preferably in person. By phone is ok., not text. Follow up conversation with email. Make sure you have made all payments due, provided evidence of payments made, documented reasons for termination, especially any dispute over payment, Make sure you have interim lien waivers for any money paid out so far. Change the lockbox at the house. Interview Guests: John Durham

FAR 020 Email: Angelina from Austin, TX writes, “How can I take your training? I’m in Texas. Coming here soon?” Franklin from Boulder, CO asks, “You mentioned one time that you had hundreds of properties for sale across the country. Could I get a list?” FFR Quotes: President Dwight Eisenhower said, “"Our whole theory of government finally expressed in our Declaration...said...Man is endowed by his Creator...When you come back to it, there is just one thing...that a man is worthwhile because he was born in the image of his God...Democracy is nothing in the world but a spiritual conviction...that each of us is enormously valuable, because of a certain standing before our own God." This thought is brought to you by the Foundation for Renewal, working with communities to impact and improve lives. On the web at RenewalFund.net. Interview Guests: Scott Krone, Founder of Coda Design / Build in Chicago Peggy Burke, Southeast Mortgage

FAR 022 We like to talk with people who are getting it done in the industry. Today we will have conversations with two successful investors, one from Austin, Texas and the other from the Washington DC area. We hope you will be informed, inspired, and encouraged to make the best decisions possible in your own real estate investing. We don’t encourage everyone to drop what you’re doing and start flipping houses like they do on TV, but we do encourage everyone to have real estate as a part of a balanced investment portfolio. Emails: Andre is from South Africa. Heard our show while visiting friends here in the US. He writes, “Roger I’m interested in this whole idea of investing in real estate back in my home country. Do you have any idea how I can get started here?” Juan from Long Beach, “I need rental properties, but they are just too darned expensive here in California. Where can I go to find more reasonably priced cash-flowing properties and how would I go about it?” Interview Guests: Jamie Cook, from the Washington DC area Guy Gimenez, from Austin Texas

FAR 023 You need money to do this business. If you don't have your own money, you need either an investor or a lender, but somehow, you have to find the money. The best source of money for an individual deal is a Private Lender. But how do you find private lenders? And how do you get them to commit to funding your deals? Learn how today in my conversation with Jay Conner from Morehead City, NC.  Emails: Elinore from Milwaukee writes, “We have just finished our first project and it’s time to list it. My husband and I are considering whether we should hire a staging company. What are your thoughts on staging?” Randall from Boulder, CO writes, “Properties are so expensive here, the cost of a hard money loan makes it very difficult to find a deal that will work. Any suggestions?” Pay close attention to today’s guest, Jay Conner, talking about Private Money Consider flipping remotely in other areas. Consider a Joint Venture. Make sure you trust your venture partner(s) Make sure the paperwork is airtight (Legalshield attorney can help with that at no charge). William from Long Beach, CA, “Appreciate the show. I picked up a foreclosure that is in pretty good condition. The paint on the walls is in great condition but it’s a light green color. My realtor called it “sea-foam green” and said it’s got to go. I don’t want to spend the $3500 to paint the house. What do you recommend? Interview Guests: Jay Conner, Raising Private Capital

FAR 024 Topics: Re-selling your own home. Ideally, move most of your stuff out. Consider a service like PODS who will bring a storage unit to you, then move it to their secured space until you find your new place. Put EVERYTHING you won’t need for a few months in it. Paint neutral colors. Buyers might like your color choices, but they also might not. A “blank canvas” is likely to appeal to more buyers. Hire home inspector, make needed repairs Fix up the lawn. Do everything you can to increase that curb appeal. Consider upgrades to the kitchen and/or master bathroom. Interview agents, hire one that has a complete marketing plan for your home. Even in a hot market, take nothing for granted. Emails: Gershawn from Greenville, SC “I want to bid on a foreclosure being sold at the courthouse steps in June. How should I go about this?” Do your homework. Visit the property. If occupied do a “drive-by” repair assessment. Premise: The condition of the outside is a reflection of the condition of the inside. Assume roughly $25/sf plus $5000 for every 10 years of age as a repair “guess-timate” Research the title. Make sure the foreclosing loan is in first position. Learn whether back taxes are owed. Have several possibilities. If you go with only one in mind your odds are much lower and the temptation to overbid is higher. Take enough certified checks to cover 10% of your max bids. Remember in SC you have I think 20 days to pay off the balances. If you’re willing to partner with someone, consider it. If you have time to be an observer for an auction or two, I recommend it.   Patrick from Lancaster PA, “I’m looking at a house that seems like a good deal, but it has fire damage and some water damage from where they put out the fire. It was mostly confined to the kitchen. What are your suggestions?” You need a fire restoration specialist. Look for them online. You want someone who is certified by one of the major groups, if possible. You really only want these people for an inspection and a repair recommendation. You’re not going to like their quote on the repairs, but get one out of respect for their time. IICRC That’s the Institute of Inspection, Cleaning and Restoration Certification. IICRC.org International Restoration Institute, iriedu.com American Council for Accredited Certification Acac.com The Council-certified Fire and Smoke Damage Technician (CFST) and the Council-certified Fire and Smoke Damage Consultant (CFSC) conduct investigations to assess property-related fire and smoke damage. Make sure any agreement you sign with them spells out clearly their responsibilities and warranties, if any. You want the option to call them back if it’s not done correctly. Run the agreement by your legal department (legalshield) before you sign anything. If there is ANY chance that roof framing members or load bearing wall members have been compromised, have the damage inspected by a licensed structural engineer who will sign off on his or her recommendations and keep in mind they will need to re-inspect before you cover up the work with finished walls. This is going to cost you some money up front and you should do it during the due diligence period to make sure you are going to remain in budget. Keep in mind that the fire and water damage restoration people you are going to find  are used to providing repairs for insurance companies to pay. Their estimating software kicks out the highest repairs costs imaginable. You can throw a rock and find a reputable contractor who will do the required work for much less.

Yes the zero-down deals do exist in real estate investing but you will have to pass up 100 good deals to find one. In the meantime, you need operating capital. Our guest today, Bruce Mack, will show you how to have the capital you need to start your business, do your marketing, make your down-payments and interest payments on the houses you buy. All of this takes money and Bruce can put it into your hands. Editor's Note: We are continually developing sources for your deal and business funding. Check the website for updates!

FAR 026 Topics: Reading from the Book: “The Ten Day Real Estate Investor” Introduction Chapter One Emails: Ron from Austin Texas, “I can’t find any deals that fit the formula. I’ve been looking at properties for about 2 months and I’ve made 3 offers, but to no avail. Please help.” Elsa from Albuquerque NM, “I have the capacity to do one deal at a time. However, I have two great deals in front of me right now - both of them are about the same profit with the same level of difficulty. What should I do?” Amy from Madison WI, “Do you sell many houses over the winter down there in the south? I’m especially curious about the holiday season. I usually just plan on shutting down during the last two months of the year. Peter from Ocala, FL, “I’ve been hearing about a subject-to purchase. Can you explain what that is? I’ve also heard it’s illegal in Florida.”

FAR 027 Announcements: Tuesdays at 2. Free online coaching from the Flipping America guy Contractor Fails Two Renewal Quotes Topics: Is Home Ownership a good investment? The top Ten Real Estate Deals in American History The best time in History to invest in real estate? Jeff Reeves, a columnist for MarketWatch says yes. It’s a Healthy Market, not a bubble. Realtor.com has create a “bubble index” Prevalence of house flipping Price to income ratios % of buyers using mortgage financing Foreclosures are at the lowest level since 2000. Innovation is lowering barriers to entry for investors. Online research Online funding Innovations in lending for investors Comparatively, stocks and bonds aren’t looking that promising at the moment 10 year treasurys are at 1.6P% annually and investment grade corporates aren’t much better. Emails: Susan and Jonathan write in from Pittsburgh. “We are newly married, both college graduates with decent incomes and a plan for a family. We are considering buying our first home and want to know what you think about it as an investment.” Your home is not, and should not be considered an investment. The appreciation in your home will barely cover inflation historically. If you are considering a 30 year mortgage, you have to look at historical trends not what has happened recently. It doesn’t provide income It doesn’t grow in value in a significant way. Your down-payment applied to an indexed fund is likely to do better over the next 30 years. You are not going to dispassionately analyze your home like you should with any real investment. It should be on your balance sheet as a consideration in your net worth, but note that it does not count toward the requirement as an accredited investor. It should be viewed more as a consumption item rather than an investment. But what about paying down the mortgage and building up equity? It is true that for many, homeownership is a means of creating a type of “savings account” and for many, the lack of liquidity is probably a good thing. You won’t be selling off a piece of your house so you can buy the hot new consumer electronics next year that you really can’t afford. Are you really building equity? Consider the other costs of home ownership Maintenance and repairs Insurance Taxes (deductible but must be reckoned) Example: I bought a home in 2002 with $200k in equity the day I bought it. Saw my girls through their high school years, raised my son there. Over the years I have paid the following: Maintenance and repairs: $46,500 Insurance: $22,500 Taxes: $72,000Total: $141,000 If I were to sell the house today I would net from the sale around that same $200,000 I had the day I bought it. What I should have done: Flipped that house for cash after I finished repairs Calculate the cost of homeownership and over the years invest that $141,000 into other things (along with the original $200k) I would have well over $1m additional in my nest egg right now. If you want to pay down a mortgage and build up equity, why not also structure it so you can depreciate the property on your taxes and write off all of the maintenance and repair expenses? Yes I’m talking about owning rental property. But when I’m old and gray I want to have a paid off house so I won’t have the burden of the house payment on my retirement income. There are OTHER many good benefits of buying and owning a home: The forced savings is a reality and for better or worse is the primary savings of most Americans. You can deduct the interest paid on a mortgage. This is a benefit, but I do not think it rises to the level of a “reason” to buy a home. Typically you can enjoy more space than you can in a rental. The direct cost per sf is less. Call me old school, but I think kids need to grow up with a yard to play in. - And parents to make them go outside and play. You can find a home and space in an area where you want to be and rent. When your needs grow, rather than the challenges of selling and buying, just upgrade the rental. Home ownership is undeniably satisfying to the ego and our idea of the American dream, but is not usually the best financial decision. You should never buy as much house as the lender tells you you can afford, and you shouldn’t do it without a 20% down-payment and a genuine strategy for savings and investments that will not be affected by your house payment.   

One of the biggest challenges facing investors who are either not Realtors or are out of their market area is active valuation. Our guest today, Mark Jackson has developed a solution for this problem. Hear about that and much more coming up.

This is the long awaited show -- your stories about Contractors and their failings. Sometimes dishonest, sometimes incompetent, always the source of -- let's say -- interesting situations with our rehabs. To be fair, there are plenty of good, honest, hard-working and competent contractors out there. They may even be in the majority, but the horror stories are prevalent. It usually takes some time, but after sufficient time has passed, these stories can be a source of entertainment. So, enjoy! ...and try not to cringe. Lessons: Clear and detailed Scope of Work Due your diligence on the contractor References The NOT References Insurances, GL, Workers Comp License Clear contract Clear payment policy, including interim lien waivers Monitor the progress Monitor the property, vary your schedule. Protect your investment Emails: Ron: Contractor was hired, asked for money to get started. Never showed up to do the first bit of work. Raymond: Contractor completed 41,000 in work and was paid. Still lacked 2000, but after two weeks, had not been back to the job site. I fired him. 2 months later he liened the property for $17,000. Ended up settling for $5,000 because that was cheaper than the legal fees to fight it. Erin: We finished up the job and everything looked great. I paid the final invoice, got my lien waiver. Two weeks later the AC wasn’t working right - it was supposed to be brand new. I called the contractor. He blamed the sub, gave me that guys’ number. I called him and he told me he installed exactly what the contractor told him - and he had said it was insufficient, but the GC wanted to save money. I ended up having to redo the entire system with a different AC guy. Lisa: Everything went exactly as planned. Contractor finished on time and on budget. We paid, got our lien waiver signed. All was good. Two weeks on the market and we had multiple offers. Then we discovered that one of the subs had filed a lien on the property because they had not been paid. I notified the contractor that this sub had better get paid or a shit storm was heading his way. It was resolved, but I had to find a new contractor. Franklin from Macon: The day after my job was complete I met the realtor at the house to list it. When I got there I discovered that both brand new air conditioners and all of the brand new appliances had been stolen. Guess what? Those items were not covered by insurance. So I had to fork over another $10,000 to replace them all. It turns out that one of the subs had all the stuff and by the time they caught him he had sold everything except one of the AC units. We are working through the courts on a restitution plan but it may take awhile for me to get my money.

FAR 030 Topics: Remote flipping Infrastructure Local Investors Realtors Closing Personnel Contractors Local private investors Wholesale - get with local investors Retail - build a strong team. Emails: Henry from Ocala FL, “I’m not a realtor so I don’t have access to the MLS. How can I come up with the ARV?” Welcome our new affiliate near Ocala, 97.7. The Villages. Research… InvestorCompsOnline.com Tyler from Milwaukee. I have a great deal on a 4/2.5 in a desirable area and want to get your thoughts. The owner is asking 325,000. They want 10% down and will finance the rest to me at 6%. My payment including taxes and insurance would be just over 2000. I can rent the house out for $3200. It’s in a great area with great schools. It would appraise today at about 340. Comment on owner financing. Michelle from Las Vegas. I have an opportunity to buy a house that needs serious updating. I plan to move in and make repairs as I go. Can you recommend a hard money lender out here in Vegas? The house is selling for $265,000, but it would be worth nearly $600,000 when I get all the work done. It will take about $120k to do everything I want to do, but I also plan to live here several years. I make good money and could qualify for a loan up to about 400,000, but the lender I spoke with won’t loan money to make the repairs. Dodd-Frank prohibits HM lenders. Conforming lenders are limited when repairs are needed. FHA requires finished floors, for example.   Go conventional, make repairs as you can with cash. OR get a HELOC and make repairs. Clay from Atlanta, I sold a business and have some cash. A local investor wants me to partner with him by putting up some cash for a downpayment on one of the properties he wants to buy. He’s done a few hundred flips and I’ve known him awhile. I trust him but I still want to make sure I’m protected. What should I do? Interview Guests: Jason Cole, REIA of Detroit

FAR 031 Topics: Impact of Dodd Frank Repeal on home values.    Wholesale - get with local investors Retail - build a strong team. Emails: Clay from Atlanta, I sold a business and have some cash. A local investor wants me to partner with him by putting up some cash for a downpayment on one of the properties he wants to buy. He’s done a few hundred flips and I’ve known him awhile. I trust him but I still want to make sure I’m protected. What should I do? Interview Guests: Jennifer Hammond Jennifer Hammond Show. Reality Real Estate on Sirious/XM   She ties whatever she does to real estate: i.e. music Has a course on staging, to sell faster and for more money - $997. Youwillchangetheworld.com, scroll down for course.   Million dollar staging secret.   Non-profit groups - increasing RE values. Dr. Betty, value-based leadership. The Secrets of Top Level Performance in Life.   Ben Carson on her show

FAR 032 Topics: Emails: Andy, LaSalle Pennsylvania, “I have two great deals in front of me, but I don’t have enough cash to do them both. What would you do?” Interview Guests: Maxine Frederick, Melissa Frederick, Monique Hayes BANK Code Sales Training

FAR 033 News and Questions Emails: Jeremy from Indianapolis How do you get your painter to do the work for $1.25k per square foot of floor space. I’ve talked to 2 painters and they want $2 or $2.50 per square foot. 1400 sf house. 2 guys, 2 days. If he pays those guys $20/hour that’s $320 in labor. $600 for paint. He will have about $160 in Workmans Comp. His only other costs are the wear and tear on his sprayer and other reusable items. If he assesses $100 for those items his costs total $1180. I’m paying him $1750. He’s clearing around $600 and he can still do another house for me this week. He’s not going to get rich from one job, but if I have 8 or 10 houses lined up for him to knock out, he’s going to enjoy a steady paycheck. I pay extra for high ceilings, really rough walls, garage floors, and anything that needs an oil based primer first. So it’s not strictly $1.25 per sf. Jeff, Louisville, KY I like your show and appreciate what you have to say. I want to get some training, but I’m cheap. I am finding a lot of information on the internet for free. Why should I pay for training and oh by the way, do you have an opinion about which free resources are best? Helen, Ocala, FL My husband Bob and I want to buy 3 or 4 rental houses, but we don’t want to manage them. Therefore we don’t care where they are really. Can you help us? Patricia, Greensboro, NC I have two rentals I want to sell. They are rented so I guess I’ll need to sell them to an investor. Would an agent even list these properties? If not, how would I go about selling them? Tim, Las Vegas I think I heard you say something about using a realtor. I’m a professional investor. I can take calls and sell the property myself. Why would I want to give up 6 or 7 percent of the sales price to an order taker? Nick from Aurora, CO. How do you go about hiring a realtor in a new area? What are some of the things you look for? What do you ask them for and what do you promise them? The crooked realtor from Macon story.

FAR 034 Topic A Day In the Life of an Active Investor Emails: Jeremy from Indianapolis How do you get your painter to do the work for $1.25k per square foot of floor space. I’ve talked to 2 painters and they want $2 or $2.50 per square foot. 1400 sf house. 2 guys, 2 days. If he pays those guys $20/hour that’s $320 in labor. $600 for paint. He will have about $160 in Workmans Comp. His only other costs are the wear and tear on his sprayer and other reusable items. If he assesses $100 for those items his costs total $1180. I’m paying him $1750. He’s clearing around $600 and he can still do another house for me this week. He’s not going to get rich from one job, but if I have 8 or 10 houses lined up for him to knock out, he’s going to enjoy a steady paycheck. I pay extra for high ceilings, really rough walls, garage floors, and anything that needs an oil based primer first. So it’s not strictly $1.25 per sf. Jeff, Louisville, KY I like your show and appreciate what you have to say. I want to get some training, but I’m cheap. I am finding a lot of information on the internet for free. Why should I pay for training and oh by the way, do you have an opinion about which free resources are best? Helen, Ocala, FL My husband Bob and I want to buy 3 or 4 rental houses, but we don’t want to manage them. Therefore we don’t care where they are really. Can you help us? Patricia, Greensboro, NC I have two rentals I want to sell. They are rented so I guess I’ll need to sell them to an investor. Would an agent even list these properties? If not, how would I go about selling them? Tim, Las Vegas I think I heard you say something about using a realtor. I’m a professional investor. I can take calls and sell the property myself. Why would I want to give up 6 or 7 percent of the sales price to an order taker? Nick from Aurora, CO. How do you go about hiring a realtor in a new area? What are some of the things you look for? What do you ask them for and what do you promise them? The crooked realtor from Macon story.

FAR 035 Topics: Hiring a Realtor - “hiring a Realtor” keynote from F&F course

FAR 036 Topics: In the news: Seattle is the #1 residential market in the US in terms of growth and heat (not necessarily value). Emails: Ronnie from Boulder CO, “I have kind of a dumb question. How do you pick a name for your company? Mike from Ocala, FL, “I’m interested in this, but completely new to the idea. How do I get started?” Courtney from Atlanta, “I’m in the insurance business but thinking about flipping a few houses here and there. How much of my time will this take?” Steve from Houston, TX, “I’ve formed my company, secured a domain name for a website, hired a CPA, and talked to a few local realtors. What else do I need to do in order to get ready to enter this business?” Aldo from Long Beach, CA, “I’ve been flipping 2-3 houses per year. How do I make the move to the next level? I want to be doing 1-2 per month.” Beth from Milwaukee, WI, “How do I find my first deal?” Social Media Direct Mail MLS Craigslist Persistent Consistency Lauren from Atlanta, “I love my job and don’t want to quit, but I’m interested in passive income from real estate. What’s my best move?”

FAR 037 Topics: Population Growth and Opportunity Emails: How do I know what I should pay for a fix and flip?

FAR 038 Topics: Real Estate News Investor Uh-Ohs Contractor Fails Investing SCAMS The Trader’s Top Questions : What is the acquisition cost? What are the holding / improvement costs? What is the selling price? What will the cash outlay be if I use leverage? What is the return on investment? What is the return on my cash? What is my return on effort? Wages, whether salaried or hourly are 1 to 1. Hours Time Completed work Start a small business and to begin with it’s as low as ½ to 1. Add employee to get back to 1 to 1. Each employee slightly reduces your effort to increase your bottom line.Capitalism is based on the exchange of effort for a living wage. The employer pays a fair wage but it always less than the return that employee will ultimately bring to the company. Active real estate investing (flipping) still involves effort, but opens up returns in the form of unlocked equity or value creation through improvement. Active rental investing requires effort but theoretically offers more rewards than exchanging that effort with someone else. Passive investment has a return of many to 1. Hard to quantify, but the continuing effort put forth is small in comparison to the return. Emails: Toni from Orlando: How do I decide whether to install hardwoods or just replace the carpet? Carpet is significantly cheaper. Chastity from Dallas, GA: We bought a house where the old garage has been converted into a family room. The room really adds some needed interior space, but it was poorly done and not to code. It will cost as much to make it right as it would to just make it back into a garage. What would you do? Evan from Harrisburg, PA: I have a found what looks like a good funding source online. They say they will provide capital for my business and funding for my deals. I filled out the paperwork and then they told me I just needed to submit $2500 to process the account and set the paperwork up. Bob from Pittsburgh, PA: Should I use one of those 25 year paint products for the exterior of my flip house or just paint it? Francis from Denver: We bought an old one - got into it and found major problems that the GC missed in his original estimates. No way we can make money now. What do we do?

FAR 039 Topics: Real Estate News Investor Uh-Ohs Contractor Fails Investing SCAMS How do I calculate the costs of my deal? Emails: Arianna from Long Beach: “I keep hearing about the 90-day flip rule. What is it? How does it affect me as an investor?” Dennis from Denver, “I’m confused by all of the terms of a hard money loan. Can you explain what they mean and how it works? How can I know what this is really costing me?” ARV CV LTV TLTV Points Rate Term   Look for: % of purchase funded % of rehab funded Funding limit (as a % of the total project cost) Additional fees: Draw fees? (inspection - $125-150 is reasonable). Loan processing fees? Doc fees? Blah blah blah fees?   Ken from Milwaukee, “You’ve mentioned on the show that you know your daily cost of a project. How do you calculate that?”

FAR 040 Topics: Real Estate News Investor Uh-Ohs Contractor Fails Investing SCAMS Emails: Dennis from Wauwatosa, WI, “There seems to be a bunch of different types of deeds out there. Can you explain what they are and the differences?”   General and Special Warranty (Limited) Bargain and Sale Deed (Sheriff’s sale) Quitclaim Deed Foreclosure Deed / Deed Under Power Deed of Trust Deed in Lieu Security Deed - Deed to Secure Debt. Frannie from Long Beach, “I have a lot of equity in my house. Is there a way I can tap into that to do a real estate deal?” Don from San Diego and many others. “Please explain about Subject-To Financing. What is it, how would I do it, why would I want to?” Patricia from Monroeville, PA, “Please explain the mortgage wrap and how it might be a way to buy a property.”

FAR 041 Today we have a guest in the studio who is a start-up funding specialist. Ed Bogle has worked in the banking and financial sectors his entire career and for the past several years has been a consultant for small businesses seeking strategic planning and capital formation. Emails: Patricia from Monroeville, PA, “Please explain the mortgage wrap and how it might be a way to buy a property.” Cynthia from Ft. Wayne, IN, “I heard someone talking about gap funding. Are you familiar with this? Sounds like a scam to me.” Interview Guests: Ed Bogle

FAR 153 Expected Air Date: 05/17/18 Opening What has life handed you? Is it really that easy to make lemonade when life is a bowl of sour cherries? Today I’m going to share with you an essay I’ve written on the subject of Choices. Our lives and even our eternal fates are completely dictated by choices. I would say more but I’ll save it for when we get to the topic. Thanks for joining us today. On this show we try to give you the most complete and up-to-date information about real estate, real estate marketing, and real estate investing. We bring you the news, the trends, the styles, the markets, and the demographics to help you have an edge. We don’t encourage to drop what you are doing and start flipping houses like you see on TV but we do encourage everyone to have real estate as a part of a balanced investment portfolio. On this show we have documented at least 85 ways to make money in real estate, but they all boil down to 3 broad categories. 1. Active purchase and re-sell, 2. Buy and hold for cash flow.  And 3. Passive strategies including lending, partnerships and REITs. We can help you tailor an investment strategy around your personal goals, needs, and life situation. And we do this for free. All you need to do is go to the website, flippingamericanetwork.com and click on the big blue button that says “Click here for a strategy session”. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Yesterday was the last day at Baraonda for awhile. We have opened up offices in Sandy Springs and moved our studio. So we will be doing our lunch networking at a place closer to the new offices and studio. Stay tuned for the exact location. Flipping America App is in the app store. You can listen to the show, read the show notes, and soon the entire catalog of shows will be 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! http://www.cbc.ca/news/canada/british-columbia/greater-vancouver-s-luxury-real-estate-market-is-softening-report-shows-1.4656221 https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/10/how-do-you-find-money-for-real-estate-investing/&refURL=https://news.google.com/&referrer=https://news.google.com/ http://www.heraldtribune.com/news/20180509/florida-real-estate-market-healthy-but-challenged https://www.cnbc.com/video/2018/05/10/tax-reform-effects-beginning-to-positively-affect-real-estate-investors-says-ceo.html https://www.forbes.com/sites/elyrazin/2018/05/09/good-jobs-numbers-signal-extended-economic-recovery-and-these-real-estate-segments-could-benefit/#52b6a9a86ee8 https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/09/is-your-401k-jeopardizing-your-future-invest-in-real-estate-to-quadruple-your-returns/#5b561f8974cd https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/14/identify-your-niche-to-usher-in-real-estate-investing-success/#1e08e1ce3b89 https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/15/seven-steps-to-protect-yourself-from-private-real-estate-investing-mistakes/#625c50ea14cd https://www.forbes.com/sites/panosmourdoukoutas/2018/05/14/bitcoin-gold-stocks-bonds-or-real-estate-which-is-the-best-investment-to-build-wealth/#2b6dbf9f51ae Topic: Choices In life there are laws and then there are implicit rules. For example, gravity is a law - and it will happen whether you believe it or not. Retaliation is an implicit rule. We naturally think that it is the only option we have. On the basketball court one player pushes another. The other pushes back harder. The first player throws a punch. Other players jump in, punches thrown, benches clear and the brawl is on. But retaliation is NOT a law. Not one of the participants HAD to jump in. Those that did, made a conscious decision to do so. Wait, what? We often respond so quickly it just seems automatic. You lash out at me, I lash back. You cut me off in traffic, I’m obliged to show you the results of your last IQ test. We respond without thinking, so how are we supposed to control that? I submit that you react that way because you’ve already done your thinking. And somewhere along the way you’ve concluded that retaliation is your only choice. Not only are you wrong, you are living your life under the control of anyone who might press your pre-determined trigger. Has anyone ever deeply wronged you? They made you angry right? You were angry and there was nothing you could do - the decision was completely out of your hands. So you had no choice but to be angry for like - a day or two - or a week - or five minutes. How long were you angry? Well that depended on the severity of the injustice right? Or whether something else distracted you? Or something nice happened that changed your mood? So what will it be? Angry for 5 minutes, a week, or the rest of your life? The extent of your anger is the full extent of that person’s power over you. Okay okay, what about something like sadness? Have you ever lost someone you love to death due to unexpected circumstances? There can be a sadness that grips your life and profoundly impacts the way you live the rest of your days. Unavoidable right? No one plans on bad things happening in their lives, but we somehow instinctively accept that when these things happen, our lives are controlled by them. This may come as a surprise to you but this is not true. You are not a victim of your circumstances or even other people’s choices. You always have a choice about how to respond to whatever life hands you. Now I’m not saying it’s easy, especially if you are not used to living this way, but you DO have a choice and what you choose matters. What you choose to think, to act, or to react, is the sole determiner of the outcomes of your life. Life is 100% choices. In today’s world, your mother even had a choice about whether to bring you into this world. Here’s a challenging thought for you. From about age 15 onward, your life is increasingly the direct result of the choices you have made and are making. Someone right now is saying, “but Roger you don’t understand my circumstances.” That’s probably true but it doesn’t matter. Your current circumstances exist largely because of your choices and your way out, around, over of through those circumstances will come from the choices you make going forward. Yes you have circumstances, I have circumstances. We ALL have circumstances. But whether you remain “under the circumstances” is a personal decision. You can choose not to be under them. You can choose something else. If your life is filled with drama, it’s because you choose and even embrace drama. If your life is a struggle, it’s because you choose and embrace struggle. If your life is peace, it’s because you have chosen peace. If life for you is filled with complexity, it is due to the fact that you have added complexity to the simple process of breathing. Can it really be that simple? Nah - unless you think it can be. If you think it has to be tough, it will be. If you think you need to be sad, you will be. If you think you are content with wherever you are and whatever you have, you will be. This is true whether your choices are positive or negative. This fundamental reality doesn’t rise to the level of self-fulfilling prophecy. Deciding you will respond to injustice with rational thought rather than out-of-control anger is a choice that is manifested immediately by rational thought. If you choose to focus on the things that anger you, you will be angry. If you choose to focus on the things for which you are grateful, you will be grateful. Should you somehow try to condition your brain to ignore everything negative in your life? Quite the opposite. You can’t do that and you really shouldn’t. Some of the negative things coming your way are warnings. Don’t ignore the negatives, don’t ignore injustice, don’t ignore your feelings. Embrace these inputs into your life with a determination to respond to them with intentionality. Occasionally anger is the proper response. But this is best delivered through the filter of reason and self-control. Sadness and loss are givens in this life. Embrace this as a part of life. Feel the feelings deeply within you. Recognize the inevitability of loss and focus on the sadness as a teacher, allowing catharsis, and showing the contrasting value of the moments of joy. Choices have consequences. Small or large, every decision has consequences. They aren’t always easy to predict, but most are much easier than we think. Choose to live beyond your means and you’ll always be broke and financially stressed. Choose to spend your time with others who wreck their own lives with bad decisions and you will find yourself entangled in the wreckage. Spend time with people you admire and you’ll be more like them. Seek out people who are smarter, or who have the type of life you seek and you’ll find yourself on that path. It’s up to you. Don’t tell me “but I love him/her.” This too is a choice. Love is not some cosmic force that overpowers you. You tend to love based on previous choices you’ve made about your ideal companion. I do believe in love at first sight, but even that love is determined by standards, conditions, and desires that both parties had established beforehand. I tell my wife frequently that I’ve been in love with her since my teen years although I didn’t meet here until after I was 50 years old. I can say this because I had an image of my ideal life partner. It took awhile to find her. Your current circumstances are the direct result of the choices you have made up to today. Your future will be the direct result of the choices you are about to make. So choose wisely. Motivational Thoughts for the day If your ship doesn’t come in, swim out to meet it. Jonathan Winters Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Candace from Kennesaw, GA, from lunch yesterday, “We are looking to get started, should we focus on wholesaling or fixing and flipping?” Hector, Topeka, KS “Please tell us when you’ll be holding your next FlipStarter. Are you coming to middle America anytime soon?” Emma from Austin, TX “I’m about to buy my first rental. I’m following the exact process suggested by a local guru here in Austin. I’m buying the property for $149,000. I’m prepared to make a $30,000 down payment. The loan amount would be $120,000. My principle and interest payment is $638. The rent on the house is $1000/month. This seems like it works to me but (mega-bank) won’t approve the loan. I have a 750 credit score, and good income. But they cited two reasons: Debt to income ratio: insufficient income. Debt service coverage ratio is insufficient. What the heck is debt service coverage ratio? I looked it up but don’t understand what I’m reading and why didn’t the guru talk about this? When I asked the banker she told me she just processed the loan and didn’t make the decision, but it has something to do with a 30% expense factor. None of this makes sense to me. DSCR = NOI / debt costs. 8400 / 7656 = 1.09 Francine, Long Beach CA, “If you were buying rental properties anywhere in the US, it probably wouldn’t be CA. Where would it be?”

FAR 152 Expected Air Date: 05/14/18 Opening Guest EMCEE Mike Smith “Live from Atlanta, Georgia, it’s Flipping America!” Hey everybody, how’s it going? We are happy to be back with a live group for Flipping Atlanta, the local meetup chapter for Flipping America. We have a great show lined up for you today. As you know we try to bring you the most up-to-date news and information, demographics and trends, methods and investment ideas to help you make the best possible decision in your real estate investments. We don’t encourage everyone to drop what you’re doing and start flipping houses like you see on TV, but we do encourage everyone to have real estate as a part of a balanced investment portfolio. Part of what we do here at Flipping America is feature top investors from around the country, talk about what they are doing, learn from their approaches, their lessons, be entertained by their stories, and benefit from their experience. Tonight we have one of my good friends Malhar Bhagat. Malhar has been running a successful real estate company for over 10 years and has completed over 200 deals in that time. Living in NY, investing locally and out of state, Malhar has integrated various systems learned over the years to develop properties in multiple US markets. Success in real estate has allowed him to accomplish many life goals, both professionally and personally. He has learned that as in life, real estate presents daily challenges; how one moves through them is what the game’s all about: mindset. Following his business and passion, Malhar and his wife/partner moved to Atlanta to continue to rapidly expand their operation, M2REST. Currently, Malhar and his team simultaneously run multiple renovations and new construction projects. He’s going to join us right after the first break. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Savannah REIA, May 14, 7-9, savannahreia.com. Lunch with me every Wednesday at Baraonda. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. News! http://www.cbc.ca/news/canada/british-columbia/greater-vancouver-s-luxury-real-estate-market-is-softening-report-shows-1.4656221 http://www.cbc.ca/news/canada/british-columbia/greater-vancouver-s-luxury-real-estate-market-is-softening-report-shows-1.4656221 https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/10/how-do-you-find-money-for-real-estate-investing/&refURL=https://news.google.com/&referrer=https://news.google.com/ http://www.heraldtribune.com/news/20180509/florida-real-estate-market-healthy-but-challenged http://www.heraldtribune.com/news/20180509/florida-real-estate-market-healthy-but-challenged https://www.cnbc.com/video/2018/05/10/tax-reform-effects-beginning-to-positively-affect-real-estate-investors-says-ceo.html https://www.forbes.com/sites/elyrazin/2018/05/09/good-jobs-numbers-signal-extended-economic-recovery-and-these-real-estate-segments-could-benefit/#52b6a9a86ee8 https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/09/is-your-401k-jeopardizing-your-future-invest-in-real-estate-to-quadruple-your-returns/#5b561f8974cd https://www.kiplinger.com/article/investing/T044-C000-S002-5-ways-to-earn-4-to-9-from-real-estate-investment.html Guest: Malhar Bhagat Motivational Thoughts for the day If your ship doesn’t come in, swim out to meet it. Jonathan Winters Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Francine, Waukesha, WI, “How can you tell the condition of a roof while standing on the ground? Can you give me any other guidance about pricing out a roof?” Patty, Buffalo, NY, “Thanks for the show. We don’t get you on the radio here, but love the podcast on iHeart. Question: Would you start with fixing and flipping or rentals? Oh, and how do you know where the people are from when they send in emails?” Marcus, Colorado Springs, CO “I have questions about the AirBnB strategy. I didn’t really know there was a strategy. Can you talk about this?” Allen, Lancaster, PA, “I’m brand new, just found your youtube channel and website and then saw you are on the air here in Lancaster. So cool! I’m really new, but fired up. What should I do to get started?” Corey, San Bernadino, CA “I’m having a hard time getting started. The properties I want to buy are all 400-500k and although the numbers look fine, the costs of the hard money loans are enormous. One lender told me I would need to bring 78 thousand to closing. How do I overcome this? I have about $50k available for this. Alex, Jacksonville, FL. “I hear all the talk about no money down deals. Is that a real thing or just a come on for some program or course. Can I really buy a house with no money down and none of my own money?”  

FAR 150 Expected Air Date: 05/07/18 Opening Good morning everyone.  If you’ve ever watched one of the house flipping shows on TV you notice that when they finish the rehab work they will move in some furniture and decor items in order to stage the home. This practice is a relatively recent development in the industry and if your only source of information about this is TV, you might assume it’s an industry standard. I have the privilege of being connected with hundreds of actual home investors and for them it’s a different story. I have not conducted a study of my own network yet, but I can tell you without hesitation that most of the investors I know do not stage their homes this way. There’s no question that with some well-placed furniture and decor, the house you want to sell will look much more like a home someone wants to live in. But is it truly worth what it costs? We are going to look into that today and in a few moments I’m bringing in one of the industry leaders in home staging to discuss the topic with us. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Savannah REIA, May 14, 7-9, savannahreia.com. Lunch with me every Wednesday at Baraonda. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. News! https://www.nar.realtor/sites/default/files/migration_files/reports/2017/2017-profile-of-home-staging-07-06-2017.pdf http://www.professionalstaging.com/blog/10-amazing-home-staging-statistics-that-may-surprise-you.php https://www.homestagingresources.com/2017-home-staging-statistics/ https://www.pinterest.com/audraslinkey/home-staging-statistics/ http://www.realestatestagingassociation.com/content.aspx?page_id=22&module_id=23155 Guest: Krisztina Bell Motivational Thoughts for the day Only YOU can change your life. No one else can do it for you. Carol Burnett

FAR 150 Expected Air Date: 05/07/18 Opening Good morning everyone.  As you know I’m a firm believer in the necessity of real estate agents. They provide great value not only in getting our properties sold, but also correct pricing and quite often they are able to provide direction with regard to style and remodeling decisions. A good realtor knows not only the market conditions in the territory you’ve chosen but also knows the subtle differences from street to street that only someone with extensive local knowledge can give you. Can you do this business without a Realtor? Probably, but why would you want to? There are inherent risks in this business and your realtor play a huge role in mitigating that risk. A good realtor will make sure you know your ARV before you buy, will help you set the right price when you are ready to sell, and will take care of the marketing strategy that will get your house sold. I was fortunate early in my career to meet a realtor who has the right stuff. John Durham showed me a strategy for pricing and selling a house. He introduced me to the technologies that were state of the art at the time and over the past 12 years or so of our friendship has stayed on top of all the newest truly useful developments. I’ve gotten John involved in fixing and flipping and he’s probably done a couple hundred or more houses of his own. John is now an operating partner with Keller Williams and he and his team sell several hundred houses every year here in the metro Atlanta market. John will be joining us after the break and we are going to talk about the market, where it’s been, where it’s going, and what investors should be working on right now. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Savannah REIA, May 14, 7-9, savannahreia.com. Lunch with me every Wednesday at Baraonda. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. News! https://www.cnbc.com/video/2018/04/25/sales-are-going-to-be-down-this-year-but-it-wont-be-because-of-mortgage-rates-says-redfin-ceo.html https://www.barrons.com/articles/2018s-hottest-housing-markets-1520016414 https://www.barrons.com/articles/2018s-hottest-housing-markets-1520016414 https://www.inman.com/2018/04/30/wheres-the-best-place-to-be-a-real-estate-agent/ https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/02/juggling-real-estate-investments-and-a-full-time-job/#493575fd18f3 https://thenextweb.com/cryptocurrency/2018/05/02/this-blockchain-powered-platform-wants-to-bring-transparency-to-the-real-estate-market/ Guest: John Durham Motivational Thoughts for the day Only YOU can change your life. No one else can do it for you. Carol Burnett

FAR 149 Expected Air Date: 05/05/18 Opening Last time we talked about the mortgage foreclosure process in Georgia. We are following up today with a conversation about the Tax Lien process here in Georgia. Our guest is Chantelle Owens, lead instructor at the Georgia Tax Lien Bootcamp. Chantelle has been investing in real estate since 1999 and has been a full-time real estate investor since 2001. She began her real estate investing career as a credit investor which eventually escalated into No Money Down Deals, Wholesale Deals, Fix & Flip and Buy & Holds as a landlord. In 2008, after going through a second real estate market crash, Chantelle found her passion with Tax Lien Investing and has made this her primary niche. After 10 years of investing in  GA Tax Liens, Chantelle is an expert Tax Lien Acquisitions and the go-to person for this type of information in GA. She currently invests in Tax Liens full-time and is also a Real Estate Mentor & Coach and teaches workshops through various Real Estate Investing Associations (REIAs) and the GA Tax Lien Bootcamp. Our next Three Day training camp is coming up May 9-11 and it’s not too late for you to join us. However, since our program is invitation-only, you have to jump through a couple of hoops in order to receive that invitation. Hey it’s not like getting into law school or anything but we just need to talk. You can schedule a call with me by going to your web browser and typing this in exactly: bit.ly/TalktoRoger When you do that you’ll have access to my scheduler and you can pick a time. Then you will be given instructions for accessing a conference call you’ll need to dial into at the appointed time. It doesn’t matter to me where you are. I look forward to helping you in any way that I can. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Savannah REIA, May 14, 7-9, savannahreia.com. I’m off the road for a couple of weeks while we plan for our next Mentoring Training here in Atlanta May 9-11. Lunch with me every Wednesday at Baraonda. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. News! https://www.realtor.com/news/celebrity-real-estate/christie-brinkley-relists-hamptons-homes/?link=TD_realtor_articles.82338&utm_source=realtor_articles.82338&utm_campaign=circular&utm_medium=MOVE https://www.realtor.com/news/trends/top-housing-markets-of-2018/ https://www.cnbc.com/video/2018/04/25/sales-are-going-to-be-down-this-year-but-it-wont-be-because-of-mortgage-rates-says-redfin-ceo.html https://www.barrons.com/articles/2018s-hottest-housing-markets-1520016414 https://www.barrons.com/articles/2018s-hottest-housing-markets-1520016414 https://www.inman.com/2018/04/30/wheres-the-best-place-to-be-a-real-estate-agent/ https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/02/juggling-real-estate-investments-and-a-full-time-job/#493575fd18f3 https://thenextweb.com/cryptocurrency/2018/05/02/this-blockchain-powered-platform-wants-to-bring-transparency-to-the-real-estate-market/     Guest: Chantelle Owens Motivational Thoughts for the day It does not matter how slowly you go as long as you do not stop. Confucius

FAR 148 Expected Air Date: 05/03/18 Opening This week was the foreclosure auction here in Georgia which means we were busy analyzing properties right up to the last minute before 10 am Tuesday when the auctions began at every courthouse across the state. We get quite a few questions about how to buy foreclosed properties so that will be one of our topics later on. We appreciate all the questions you are sending - some of them are very good questions. If you have questions about anything real estate related, send them to [email protected]. We answer every question that comes in. And some of them get answered on the air, as you will hear in a few minutes. Our next Three Day training camp is coming up May 9-11 and it’s not too late for you to join us. However, since our program is invitation-only, you have to jump through a couple of hoops in order to receive that invitation. Hey it’s not like getting into law school or anything but we just need to talk. You can schedule a call with me by going to your web browser and typing this in exactly: bit.ly/TalktoRoger When you do that you’ll have access to my scheduler and you can pick a time. Then you will be given instructions for accessing a conference call you’ll need to dial into at the appointed time. It doesn’t matter to me where you are. I look forward to helping you in any way that I can. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Savannah REIA, May 14, 7-9, savannahreia.com. I’m off the road for a couple of weeks while we plan for our next Mentoring Training here in Atlanta May 9-11. Lunch with me every Wednesday at Baraonda. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. News! https://www.realtor.com/news/celebrity-real-estate/christie-brinkley-relists-hamptons-homes/?link=TD_realtor_articles.82338&utm_source=realtor_articles.82338&utm_campaign=circular&utm_medium=MOVE https://www.realtor.com/news/trends/top-housing-markets-of-2018/ https://www.cnbc.com/video/2018/04/25/sales-are-going-to-be-down-this-year-but-it-wont-be-because-of-mortgage-rates-says-redfin-ceo.html https://www.barrons.com/articles/2018s-hottest-housing-markets-1520016414 https://www.barrons.com/articles/2018s-hottest-housing-markets-1520016414 https://www.inman.com/2018/04/30/wheres-the-best-place-to-be-a-real-estate-agent/ https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/02/juggling-real-estate-investments-and-a-full-time-job/#493575fd18f3 https://thenextweb.com/cryptocurrency/2018/05/02/this-blockchain-powered-platform-wants-to-bring-transparency-to-the-real-estate-market/ Motivational Thoughts for the day It does not matter how slowly you go as long as you do not stop. Confucius Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Warren, Augusta, GA “Can you talk a bit about the foreclosure process and how a person can buy houses at the public auction?” Anna, Columbus, GA “Help! I bought a house at the foreclosure auction. The people are apparently still living there. What do I do?” Matthew, Blue Ridge, GA “I don’t see how you could buy a house that you’ve never been inside. How do you come up with a repair budget. You don’t know what you’re getting in there - I don’t see how anyone ever takes this risk. Since you have in the past, can you shed some insight?” Carolyn, Atlanta, “I have a hard time with the foreclosure process. It seems like you are  profiting from someone else’s pain. You seem like a nice man, but this is a cold-hearted way to make money. How do you live with yourself?”

Make sure you also watch the video of this interview. Don actually shows the products he talks about! FAR 147 Expected Air Date: 04/30/18 Opening Hello everyone and welcome to another week of Flipping America. This is the show that teaches you how to make money in Real Estate. We bring you news, information, trends, markets, styles, We also like to talk to people who are getting it done in this business and in a few minutes I’m bringing back Don DeRosa. Don is a local Atlanta investor and mentor. He has a workshop on just about any topic you need when it comes to fixing and flipping houses. Today I’ve asked him to join us and talk about the Smart Home. He’s going to share with us how he turned his own home into a smart home and what he does in all his renovations to add another WOW factor. And you’re not going to believe how much you can do for very little money. It blew my mind and I think if you are not already doing this it will blow your mind as well. Our next Three Day training camp is coming up May 9-11 and it’s not too late for you to join us. However, since our program is invitation-only, you have to jump through a couple of hoops in order to receive that invitation. Hey it’s not like getting into law school or anything but we just need to talk. You can schedule a call with me by going to your web browser and typing this in exactly: bit.ly/TalktoRoger When you do that you’ll have access to my scheduler and you can pick a time. Then you will be given instructions for accessing a conference call you’ll need to dial into at the appointed time. It doesn’t matter to me where you are. I look forward to helping you in any way that I can. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Savannah REIA, May 14, 7-9, savannahreia.com. I’m off the road for a couple of weeks while we plan for our next Mentoring Training here in Atlanta May 9-11. Lunch with me every Wednesday at Baraonda. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. Guest: Don Derosa, The Smart Home You can watch the video of this program on your YouTube channel. You’ll be able to follow Don’s slide show and see him demonstrate the actual devices he referred to in the show. Topic - Motivational Thoughts for the day It does not matter how slowly you go as long as you do not stop. Confucius  

FAR 146 Expected Air Date: 04/26/18 Opening Hello everyone. It’s a beautiful spring Thursday here at our studios on Peachtree St in Atlanta, GA. We’re going to talk real estate investing for the next 60 minutes, but we are going to approach it from a slightly different angle. Over the last few shows we’ve been talking about a Place to Begin, Hitting Your Stride, and The Next Steps. Today we will continue with some thoughts about Purpose. What drives you today? And I’m not talking about that driverless car you may be in. And I’m not asking you what drives you nuts! I’m asking you to think a bit about your motivation in life. We will dig into that in a few minutes. I also have a stack of questions to answer, including a ton of questions about our Mentoring Program. Our next Three Day training camp is coming up May 9-11 and it’s not too late for you to join us. However, since our program is invitation-only, you have to jump through a couple of hoops in order to receive that invitation. Hey it’s not like getting into law school or anything but we just need to talk. You can schedule a call with me by going to your web browser and typing this in exactly: bit.ly/TalktoRoger When you do that you’ll have access to my scheduler and you can pick a time. Then you will be given instructions for accessing a conference call you’ll need to dial into at the appointed time. It doesn’t matter to me where you are. I look forward to helping you in any way that I can. VIP lunches at FlipStarter - Lunch with me every Wednesday at Baraonda. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: I’m off the road for a couple of weeks while we plan for our next Mentoring Training here in Atlanta May 9-11. Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store. News! https://www.bloomberg.com/news/articles/2018-04-25/ford-ceo-plans-11-5-billion-more-cuts-pulls-ahead-margin-goal https://www.bustle.com/p/dark-chocolate-reduces-stress-in-humans-according-to-a-new-study-8895145 https://www.newsday.com/business/long-island-home-prices-1.18259160 http://www.jhnewsandguide.com/jackson_hole_daily/local/real-estate-market-shows-signs-of-improvement/article_5e2c0ad0-c249-580f-8e0f-afccd58c270e.html http://flatheadbeacon.com/2018/04/25/real-estate-market-trends/ https://www.usatoday.com/story/money/columnist/2018/04/24/real-estate-best-investment-bear-market/530470002/ http://boisestatepublicradio.org/post/state-idaho-real-estate#stream/0 Topic - Understanding Your Why Why are you doing all this? Ask the question. Keep Asking until you get to an emotional level. Drill down to the core of your motivation. Why? Because this brings Focus Determination Clarity A sense of purpose will guide your business plan, your short term goals, and even your daily schedule. If you are constantly aware of your underlying motivations and life goals, they will inform many of your difficult decisions with guidance. Motivational Thoughts for the day “Never Give Up, Never Surrender”. -Jason Nesbitt, Captain, Galaxy Quest. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Carl, Oconomowoc, WI, “Do you still use other people’s money in your own flips? If so, why? Wouldn’t it be better to just use your own cash at this point?” Cindy, Westchester, PA, “I heard you talking about the advantage of leverage in real estate deals. How do you reconcile this with Dave Ramsay’s teaching that we should never borrow money - ever - especially for real estate investments?” Chastity, Birmingham, AL  “How do you calculate the cost of a hard money loan?” Scott, Lancaster, PA “Have you ever been in a multiple bid situation when buying? Is this a time to break the 70% rule?” Joe, Fredericksburg, VA “My wife and I are a bit at odds with a rehab we are doing and wonder if you could help. We agree with the idea of a ‘wow’ factor in the house, but she has ideas for the kitchen, the master bathroom, and the deck in the back yard. My argument is this is basically a first-time home buyers house and we should focus on just one of these. We want to make it great but we also want to make as much money as we can. We both would appreciate your thoughts.

FAR 145 Expected Air Date: 04/23/18 Opening Hello everyone. What a great day we had Saturday at FlipStarter Atlanta! It was my honor to share some of my best secrets for Fixing and Flipping Houses to the group there and welcome new members into the Flipping America Mentoring Program. If you couldn’t make it we missed you and I want you to know that later today I’m going to put up a link on our home page that will give you the opportunity to buy the FlipStarter workshop on video. So head over to FlippingAmericaNetwork.com and check it out. Speaking of the Mentoring Program, our next Three Day training camp is coming up May 9-11 and it’s not too late for you to join us. However, since our program is invitation-only, you have to jump through a couple of hoops in order to receive that invitation. Hey it’s not like getting into law school or anything but we just need to talk. You can schedule a call with me by going to your web browser and typing this in exactly: bit.ly/TalktoRoger When you do that you’ll have access to my scheduler and you can pick a time. Then you will be given instructions for accessing a conference call you’ll need to dial into at the appointed time. It doesn’t matter to me where you are. I look forward to helping you in any way that I can. VIP lunches at FlipStarter - Lunch with me every Wednesday at Baraonda. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: Tonight I’m at Atlanta REIA West at 6:30, Cherokee Cattle Company in Marietta. . Details on the website and at FlipStarterEvent.com News! https://seekingalpha.com/article/4163689-real-estate-earnings-preview-5-trends-watching?page=6 http://middlemarketgrowth.org/its-the-small-things-real-estate-trends/ http://fortune.com/2018/04/21/climate-change-is-already-depressing-the-price-of-flood-prone-real-estate/ https://www.forbes.com/sites/forbesrealestatecouncil/2018/04/19/evaluate-this-factor-to-find-the-true-winners-among-todays-hottest-real-estate-markets/#64f5f2a36731 https://www.forbes.com/sites/ellenparis/2018/04/23/springs-2018-real-estate-market-is-a-good-news-bad-news-story/#6b738a1b2c35 Topic - The Next Level - Passive Income We started last show talking about Hitting Your Stride. Today I want to talk about what you do when you are operating Active Income business at peak efficiency and are throwing off excess cash. You will want to consult your tax professional and if you don’t have one, it’s time to get one. What we are talking about today is creating Passive Income and heading toward true financial freedom. You are not necessarily free when you are making really good -- or even great money in your business. Because when you stop operating that business - even to take a week or two vacation, your pipeline feels the effect and depending on your product cycle - in this business 4-6 months -- your income is going to take a hit. If you need this money to pay your bills and maintain your lifestyle, then you will feel the pinch and suffer. No you have financial freedom when your passive income pays the bills and your lifestyle can continue whether you are working or not. When you reach this point you may conclude that you no longer need disability insurance, although you may want to continue coverage for long-term illness or injury -- this would be a question for your insurance professional and made in consideration of your health and lifestyle. Motorcycle riding may indicate a higher need for various health care additives. So how will we get to financial freedom? Let’s consider a couple of approaches that I will have time only to outline, but these are topics we cover in much more depth in our Passive Income    Mastery course. Free and Clear Single Family rentals. Flip 3 or 4, buy one. Buy small, brick or low maint. Exterior. Consider area, stability, upside. Try to buy where there are good schools. Locate near you for better management. Educate yourself on how to manage or outsource. After you have 10, consider outsourcing management anyway. The only truly cash-flowing single family rentals are free and clear. Borrow money for SFR Know the loan constant. Cost of payments (1 year) / loan amount. Know your expense ratio and calculate NOI. The spread is your cash flow. Most people fail at this. Either paid too much or poorly structured debt - the property never actually cash flows. It could be OK if you have plenty of cash to cover AND you are speculating on greater than market appreciation. Buy small multi-family. Up to 5 doors Finance like SFR Cash flow better, typically. Higher turnover anyway, so upside matters a bit less. Usually single or newly married, no kids. Schools not much of an issue. Convenience to employer is more important. Solid employment opportunities Stable or growing population. Buy apartments Distressed props, force appreciation, re-fi. Use syndication to do A. Loan Money Flip loans Rate and Term Equity Partnerships Rental loans Long term Steady income Watch your loan to value - keep it below 70%. Borrower pays for appraisal when needed. Borrower provides proof of insurances, pays taxes, etc. and provides proof. An entire section of our Passive Income Mastery Course. Motivational Thoughts for the day “Never Give Up, Never Surrender”. -Jason Nesbitt, Captain, Galaxy Quest. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Carl, Oconomowoc, WI, “Do you still use other people’s money in your own flips? If so, why? Wouldn’t it be better to just use your own cash at this point?” Cindy, Westchester, PA, “I heard you talking about the advantage of leverage in real estate deals. How do you reconcile this with Dave Ramsay’s teaching that we should never borrow money - ever - especially for real estate investments?”

FAR 144 Expected Air Date: 04/18/18 Opening Hello everyone. Last time we talked about getting started in Real Estate Investing. Today I’m going to continue the topic with a program titled “Hitting Your Stride.” The phrase “hitting your stride” is an expression that means you have reached an optimum pace that you can maintain easily and where you function optimally and competently. This is a big part of your goal in your career -- any career, but especially so in owning your own business. When you hit your stride in the real estate business you will have mastered a set of techniques and an asset class to the point that you can conduct your analysis mostly with your eyeballs and your brain. Yes, you will still continue to use the analytical tools that got you there, but they will be your backup, not your primary analytical approach. For example, if you are fixing and flipping houses, you will be able to estimate repairs by simply looking at pictures of the house or in some cases by merely driving by. You’ll know the value of the property because of your familiarity with that area and the market. You’ll know the streets and features of your territory better than the back of your hand, because really, who spends a lot of time looking at the back of their hand? When your fixing and flipping skills are well developed, you will be able to review and analyze deals so quickly, make offers so confidently and move so efficiently, you might get a little bored. And that’s a dangerous place. Why? I’ll cover that in just a few minutes. First some announcements, then some news, and then we will get to the topic. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: We had mentioned that we were going to talk about virtual staging. We are postponing that a bit to focus an entire show to the topic. April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News! https://www.forbes.com/sites/pamdanziger/2018/04/17/real-estate-market-is-hot-except-at-the-high-end-disruption-coming-in-the-luxury-home-market/#6276ba1d3b5a https://www.npr.org/2018/04/16/602971657/how-phoenixs-real-estate-market-is-fairing-10-years-after-housing-crisis https://www.forbes.com/sites/jrose/2018/04/18/real-estate-investing-without-buying-property/#27c33edf1496 https://www.forbes.com/sites/bradthomas/2018/04/18/how-to-stay-in-your-circle-of-competence-when-investing-in-real-estate/#1903b54f624a https://www.tennessean.com/story/money/homes/2018/03/28/real-estate-trends-one-level-homes-popular-again/458212002/ Topic - Hitting Your Stride We started last show talking about the Getting Started Fixing and Flipping. I want to continue with that theme today but want you to understand that the principles I’m about to share would apply to just about any business or career. We are talking about hitting your stride. Young Exec - Old Exec Oscar Wilde, “Experience is just another name we give our mistakes.” I want you to make mistakes. I just want you to have a mentor so you can avoid the soul-crushing, business destroying mistakes. Without some mistakes, you aren’t really pushing yourself to your limit. And your limits grow a bit each time you push yourself. So venture onward and outward. How to Hit Your Stride. Begin. Don’t begin thinking or talking. Begin. Follow instructions. Don’t ask too many questions at first. Do what you’re told. Start small, start slow. Master the pieces. Repeat. Stay with very similar projects. Think about why and how it works. Now ask questions - they will be smarter questions at this point. Increase speed, accuracy, efficiency through repetition. Consider slightly dissimilar projects, expanding one skill at a time. Reject the belief that every idea is a good one. Reject the notion that mastery in one process and asset will automatically translate to another. Danger - Will Robinson! Rehabbers are not developers. Developers are not retail owners. Airlines do not make good resort property owners. The math may be similar once you get to the math, but it’s like sitting in front of a math problem in algebra 2 in high school and not knowing which formula to use in solving the problem. The people who have developed mastery in this area or asset will walk circles around you while you are trying to figure it out. Does this mean you can never branch out? No, but when and if you do, go back to the beginning: Get information Get a mentor Follow a proven path Repeat the above steps as if you are a rank beginner Do not risk anything in the new venture you can’t afford to lose. Rather than branch into other areas, continue mastery by attempting to help someone else. Take on a mentee. You learn best what you attempt to teach. If Fixing and Flipping, consider your passive income opportunities: Lending Rentals Develop passive income to the point that it pays for your lifestyle. You have then achieved true financial freedom. Motivational Thoughts for the day Life is 10% what happens to you and 90% how you respond to it. -Chuck Swindoll. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!

FAR 143 Expected Air Date: 04/16/18 Opening Good morning everyone and welcome to another week of real estate investing news, trends, markets, movers and shakers. Today we are going to focus on one of the top questions we get here at Flipping America. In a few moments I’m going to break down the things you need to consider to figure out your best “fit” in real estate investing. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News! http://www.orlandosentinel.com/news/os-real-estate-developer-sentenced-20180411-story.html http://www.futurecar.com/article-2147-1.html https://seekingalpha.com/article/4163105-join-buying-8-percent-yielding-commercial-real-estate-company https://www.digitaltrends.com/home/zillow-to-buy-homes/ https://www.forbes.com/sites/forbesrealestatecouncil/2018/04/10/a-tale-of-two-real-estate-markets/2/#57acb805600d Topic - A Place To Begin We say nearly every show, “We don’t encourage everyone to drop what you are doing and start flipping houses like they do on TV, but we do encourage everyone to consider real estate as a part of a balanced investment portfolio.” But the TV shows continue to create waves of people interested in figuring out a way to quit their job and do this full-time. So people need a path into this. Since that’s what you need - I’ll be happy to provide. The first thing I need you to understand is this business is not all fun, games, and big checks. Some days there are nothing but problems. To be truly good at this is to be good at solving problems. You also need to commit yourself to the tedious tasks. Deals don’t just fall into your lap. You have to get out there and continually prospect for them. While you’re out there, deals will occasionally fall your way, but as Ben Franklin said, “Opportunity tends to dance with those who are already on the dance floor.” So let’s begin by taking inventory. This inventory consists of the following general categories: Thoughts about the future, Vision, Goals, Plans Current employment situation, Happy? Future? Career? Family situation and obligations, Married? SO? Kids? In the future? Available time. Number of hours you can consistently give this each week. Cash on hand. Dollars you could put into a deal that you could afford to lose. Skills. Construction, negotiation, analytical, research, legal, real estate Personality type, introvert, extrovert Connections, people with needed skills (see 6) Information. How much do you know? Learning style: How do you learn? Reading? Audio? Hands-on? Seven different styles. Know yours. Be intentional about getting training in a style that works for you. Training source Mentor Path Motivational Thoughts for the day Life is 10% what happens to you and 90% how you respond to it. -Chuck Swindoll. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! James, Lexington, KY “Quick question: Stage? Or not?” Robert, Morgantown, WV “I’ve flipped a few houses here and it went ok. I heard you talk about remote flipping. Should I be looking into that?” Eduardo, Las Vegas, NV “I’ve just been told that my contract, which ends June 30th will not be renewed. I’m an independent IT contractor. I’ve been interested in real estate for some time now. If I jumped in now, could I conceivably be making money by the end of the summer? I’m single and have enough put aside to maintain my lifestyle for a few months but will need income by the end of the summer to maintain a comfort level.”

FAR 142 Expected Air Date: 04/14/18 Opening Hello everyone. Today we are excited to be joined in a few moments by Peter Pasternack, former star of A&E’s Flip This House. Still an active investor in Atlanta, Peter has taken time from his busy schedule to join us this evening at Flipping Atlanta, the local networking group sponsored by Flipping America (crowd yell). Growing up in Connecticut, Peter Pasternack came by his entrepreneurial spirit very early on. Peter’s parents owned and operated a Dunkin’ Donuts location as well as a fast food restaurant in the West Hartford area. From an early age Peter had a knack for numbers as he assisted his father with payroll for both businesses, even processing payroll checks himself starting at age 5 when his parents were away for vacations. Peter’s love of numbers lead him to the University of Georgia where he earned undergraduate and master’s degrees in accounting. Upon graduation he began his career at Price Waterhouse in Atlanta before transitioning to the banking industry where he gained over 20 years of experience. From this He financed over 500 businesses and saw firsthand why some ventures succeed and many fail. In 2005, Peter co-founded Foundations Design, LLC with his best friend and business partner, Brian Trow. The award winning company designs, builds, and renovates residential properties in the Greater Atlanta area. Peter is responsible for the operational and financial aspects of Foundations Design as well as the long term growth of the company. The initial success of Foundations Design and some fortunate timing led to a leading role on one of television’s most recognized real estate investment and home renovation shows, A&E’s Flip This House. On the show, Peter is routinely seen integrating his business savvy with trademark enthusiasm. He has been called upon to offer his knowledge and experience to prospective entrepreneurs and real estate investors through national and local media outlets such as Fox Business Channel, Georgia Society of CPA’s Magazine, and Business World Magazine in addition to various speaking and radio engagements. In 2010, as the real estate economy was struggling to recover, Peter and Brian saw an opportunity to assist others in their local market of Atlanta. Real Estate Connections, a monthly networking event, was created to facilitate a positive atmosphere where real estate professionals and real estate related industries could join forces to network, share ideas and strategies, and ultimately grow their businesses. Over its 7+ year history, Real Estate Connections has continued to grow and influence thousands within the local real estate community to the point that the average attendance is 350-400 people. This is just another example where they have seen market needs and worked to fill the void. On top of two businesses, in 2017 Peter and Brian finally decided the moment was right to harness all they had learned through the years and pass it on to the next generation of real estate investors. Along with Denny Faircloth, The Investor’s Blueprint was formed to educate and inspire seasoned and new investors alike while taking them through the ins and outs of the real estate investing world. It is the perfect format to showcase Peter’s knowledge and infectious attitude for real estate investing and business in general. Peter has worked diligently for his many achievements and believes in passing on the information that has made him so successful. He is excited about sharing his knowledge and skills in making money and believes strongly in the entrepreneurial spirit. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com Special Guest Peter Pasternack. Motivational Thoughts for the day You’re not going to make tomorrow great by spending today dwelling on yesterday. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Ronald, Memphis, TN “About 40 minutes west of here in a little town called Forrest City, Arkansas, they are opening up a new textile mill with a big investment from China. I own some rentals here in Memphis and have been thinking maybe I should be looking at some over there. My concern is the new factory is the main source of income for the town. If it closes, the town will struggle again. What are your thoughts?” Annetta, Milwaukee, WI “I’m about to pay cash for my first rental property, a small duplex here. A friend told me I should borrow the money even though I have the cash to pay for it. Something about the power of leverage. He didn’t explain this in a way I could understand. It makes me a little nervous to borrow money for something like this, but I’m open to your thoughts.” Bill, Redondo Beach, CA “It’s tough to find deals right now. What are your best sources for deal flow?” Lena, Harrisburg, PA “The market here is so hot, it seems like I could just stick a sign in the yard and get the house sold without paying commission. I’m wondering why use a Realtor?” James, Lexington, KY “Quick question: Stage? Or not?” Robert, Morgantown, WV “I’ve flipped a few houses here and it went ok. I heard you talk about remote flipping. Should I be looking into that?” Eduardo, Las Vegas, NV “I’ve just been told that my contract, which ends June 30th will not be renewed. I’m an independent IT contractor. I’ve been interested in real estate for some time now. If I jumped in now, could I conceivably be making money by the end of the summer? I’m single and have enough put aside to maintain my lifestyle for a few months but will need income by the end of the summer to maintain a comfort level.”  

FAR 141 Expected Air Date: 04/12/18 Opening Hello everyone. If you’re going to be in business, whether it’s the real estate business or any other business you are going to develop relationships with two types of professionals, legal and financial. You need the legal professionals because so much of our work has to do with transactions, contracts, and occasionally the unfortunate choices of others that harm us or take from us. You need the financial professionals - bookkeepers, accountants, and CPAs to help us keep good records, pay all the taxes we owe and provide accountability to our investors and partners. I freely admit quite often that I started into this business without a clue of what I was doing or what goes on behind the scenes in a real estate transaction. At first I was too embarrassed to admit this, so I faked it. Finally I sat down with an attorney and asked him for some help. Today I want to give you some of that help and encourage you to reach out to an attorney in your area. Now you know that Legal Shield is one of our sponsors and I’m not only a big fan, I’m a customer! Legal Shield handles many things for me, but not everything. There are a few things that come up where I need a lawyer and I want it to be someone with whom I have cultivated a personal relationship. Attorneys are required to be present for closings in the state of Georgia and I don’t use Legal Shield for that. It’s not a reflection on Legal Shield at all - they are great at what they do for me. In just a few moments I’m going to be speaking with Craig Halperin, founder and principal partner of the law firm of Halperin and Lyman, one of the premier law firms in Atlanta, Georgia. He’s going to unpack for us a lot of the behind the scenes work attorneys do to get your deals to the closing table. Plus we are going to get his take on the state of the current market. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com Special Guest Craig Halperin Motivational Thoughts for the day You’re not going to make tomorrow great by spending today dwelling on what happened yesterday. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Vicky, Ellijay, Georgia “What’s your take on mountain properties? As you know we are a popular second home community for the Atlanta area.” Ulysses, San Francisco, CA “How does your view of the current market inform your investing activities and what are some of the data points in that analysis?”

FAR 139 Expected Air Date: 04/05/18 Opening Hello everyone. We’ve had some truly great guests on the show in the past few weeks and I’ve learned a lot from them and have been inspired by them. But you my dear friends have many questions and many of you communicate with us about how much you enjoy the questions and answers. It’s been awhile since we reached into the metaphorical mail bag and the questions we want to address on the air have been piling up. So in a bit we are going to take a look. We are going to deal with the issue of whether or not you need to be a Realtor in order to be in this business. I’ll do some pros and cons on that subject. We also have received a few questions about getting more deals in your inbox so I’ll be sharing a strategy about that. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: TONIGHT, Chattanooga REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: https://www.cnbc.com/video/2018/03/28/pending-home-sales-up-3-point-1-percent-in-february.html https://www.forbes.com/sites/forbesrealestatecouncil/2018/04/03/15-booming-real-estate-markets-that-are-trending-in-2018/#1ee0177c26f6 https://www.bisnow.com/national/news/office/5-workplace-trends-breathing-down-the-neck-of-commercial-real-estate-industry-86855 http://www.nreionline.com/real-estate-services/key-new-trends-tech-and-design https://www.usnews.com/news/best-states/slideshows/10-most-affordable-states https://www.cnbc.com/2018/03/29/us-subprime-mortgage-bonds-back-in-fashion.html Motivational Thoughts for the day Is your life and career right where you want it to be? If so, that’s great! If not, what are you going to do differently going forward to change the course of your life? If you do the same things you’ll get the same results. So what are you going to do? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Lynette, Milwaukee, WI, “Do I need to be a realtor in order to be an effective investor?Pros: Access to MLS, Set up your own searches, Best data for CMA’s, Save money on commissionsCons: Cannot pay referral fees to unlicensed individuals, disclosure requirements, continuing ed, much knowledge unrelated to investing. Selling your own flips is like fixing your own flips if you’re a contractor. What you save is offset by the time you spend doing things you could and should be paying someone else to do. Kimberly, Sandy Springs, GA “I’ve heard you mention that you have deals coming to your inbox every day. How do you do that?” Lilly, Villages of Ocala, FL, “My husband and I are so tired of our rentals, but we are not tired of the cash flow. We are both in our late 60’s. We’d like to sell them to end the headache but aren’t sure where we would put the monty. Any suggestions? Perhaps not sell - perhaps owner finance? Not an investment advisor, but as a suggstion, you could always looking into private lending. Chanterelle, Long Beach, CA, “I want to buy some rental properties in Atlanta. Can you connect me with resources there for buying and for property management?” Larry, Atlanta, GA  “I want everyone to know that the deal I brought you two weeks ago is now sold and closed. You said you would help me get it sold and you did. Thank you.” (The power of networking) Celia, Hammond, IN, “I listened to what you said and went out and made offers on three houses. Two of them got accepted! What do I do now? I don’t have the knowledge or ability to fix and flip them, but I think the numbers are right, according to what I’ve been hearing from you. Please tell me what’s next?” Charlie from Soddy-Daisy Tennessee. “Excited you’re coming to Chattanooga! I plan to be there and meet you. My wife and I used the information in your Three Formulas video to make an offer on a fix and flip. I’m a contractor so I knew what it would cost. She’s a realtor so she could tell the ARV. We used your formula and now we think we are going to make about 35,000. This seems easier than the impression we had and we are so happy we took action.”

FAR 138 Expected Air Date: 04/02/18 Opening Good morning everyone! It’s great to be with you for another week of real estate talk and information. On this show we try to give you the best and most complete information you need in order to make good decisions about real estate, real estate investments, and your role in it. Part of your decision making process on every project has to do with style, color, and design. In a few moments we have an expert in these issues, Carla Gamper, coming along to help us think about these issues and the larger issues of project and contractor management. Carla grew up with tools in her hand, working on a farm and later getting formal training in design. She has invested her career in the real estate space, doing design and contracting work and now focuses on consulting. She will be along in a few minutes to share with us. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: https://www.washingtoncitypaper.com/news/housing-complex/article/20998209/families-get-the-worst-shake-in-dc-real-estate-market https://www.washingtoncitypaper.com/news/housing-complex/article/20998209/families-get-the-worst-shake-in-dc-real-estate-market http://www.southbmore.com/2018/03/26/a-look-at-south-baltimore-real-estate-market-stats-3/ https://therealdeal.com/2018/03/27/the-long-view-google-jpmorgan-and-the-new-age-of-super-rich-corporate-real-estate-buyers/ https://therealdeal.com/la/2018/03/27/chinese-investment-in-us-real-estate-fell-55-in-2017/ http://www.nuwireinvestor.com/best-markets-texas-real-estate-investment-2018/ http://thetimes-tribune.com/news/business/hands-off-investing-in-real-estate-1.2317747 https://www.housingwire.com/articles/42834-flat-fee-real-estate-agency-purplebricks-secures-177-million-investment-to-fund-us-growth https://www.forbes.com/sites/forbesrealestatecouncil/2018/03/27/the-advantages-of-investing-in-real-estate-for-big-tax-savings-in-2018/#46841f544b95 https://techcrunch.com/2018/03/22/skyline-ai-raises-3m-from-sequoia-capital-to-help-real-estate-investors-make-better-decisions/ https://www.usnews.com/higher-education/online-education/articles/2018-03-19/7-ways-you-can-study-real-estate-online https://www.forbes.com/sites/erincarlyle/2013/09/18/how-self-made-forbes-400-billionaires-earned-their-money/#54d6124831ae http://financialuproar.com/2015/04/24/do-90-of-millionaires-come-from-real-estate/ Motivational Thoughts for the day “The way to get started is to quit talking and start doing.” Walt Disney

FAR 137 Expected Air Date: 03/31/18 Opening We are keeping the string of truly great shows going. In just a few moments we are going to be joined by Don DeRosa an Atlanta investor who has done hundreds of flips, now teaches and mentors others, and as you will hear, is on top of technology and how it can work for real estate investors like no one I’ve ever seen. The guy is a walking encyclopedia of apps, processes, and solutions all designed to help investors maximize their time, minimize the paperwork, and do a better job with their projects.   How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: https://www.washingtoncitypaper.com/news/housing-complex/article/20998209/families-get-the-worst-shake-in-dc-real-estate-market https://www.washingtoncitypaper.com/news/housing-complex/article/20998209/families-get-the-worst-shake-in-dc-real-estate-market http://www.southbmore.com/2018/03/26/a-look-at-south-baltimore-real-estate-market-stats-3/ https://therealdeal.com/2018/03/27/the-long-view-google-jpmorgan-and-the-new-age-of-super-rich-corporate-real-estate-buyers/ https://therealdeal.com/la/2018/03/27/chinese-investment-in-us-real-estate-fell-55-in-2017/ http://www.nuwireinvestor.com/best-markets-texas-real-estate-investment-2018/ http://thetimes-tribune.com/news/business/hands-off-investing-in-real-estate-1.2317747 https://www.housingwire.com/articles/42834-flat-fee-real-estate-agency-purplebricks-secures-177-million-investment-to-fund-us-growth https://www.forbes.com/sites/forbesrealestatecouncil/2018/03/27/the-advantages-of-investing-in-real-estate-for-big-tax-savings-in-2018/#46841f544b95 https://techcrunch.com/2018/03/22/skyline-ai-raises-3m-from-sequoia-capital-to-help-real-estate-investors-make-better-decisions/ https://www.usnews.com/higher-education/online-education/articles/2018-03-19/7-ways-you-can-study-real-estate-online https://www.forbes.com/sites/erincarlyle/2013/09/18/how-self-made-forbes-400-billionaires-earned-their-money/#54d6124831ae http://financialuproar.com/2015/04/24/do-90-of-millionaires-come-from-real-estate/ Motivational Thoughts for the day “The way to get started is to quit talking and start doing.” Walt Disney  

FAR 043 Topics: The exciting conclusion of the interview with Stacy Rosetti Shout out to Ramon Tookes and Flipology 101 News: Economic times of India, article on real estate investing. Penthouse in San Fran - 7000 sf, list price, 42 million Dailybreeze.com: Where does the So Cal market go from here? Up 25% over the past 2 years. Expected to be up 8% over the next two years. No bubble in sight The Single most important rule for real estate investing -- according to Peter Churchouse of stansburychurchouse.com: LOCATION. His five guidelines. Emails: Allie from Atlanta: Help me understand what I should offer on a property. Where do repairs fit into the equation? David from Detroit: How do you decide between two properties if you can only do one? Lorraine from Long Beach: The price points in So Cal are so high? It makes me really nervous. How would you suggest I get started? Mentor Lower Price Consider remote flipping

FAR 044 Live from Sip and Flip Emails: Lorraine from Long Beach: The price points in So Cal are so high? It makes me really nervous. How would you suggest I get started? Mentor Lower Price Consider remote flipping Interview Guests: Jenni Marie, Realtor “The difference between a Realtor’s opinion of value and an investor.” Jonell: “Solar Tyme”

FAR 045 Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. News: A $1B Technology center? (how about spending less and re-tasking Malls?) The Connection between LED lighting and property values. Data Proves REITS are better than buying real estate (Forbes) Motivational Thoughts for the day Value Investing: Make Profit Make a Difference Improve a neighborhood, reduce blight, increase values Charitable giving Affordable housing Leave a Legacy Emails: Lorraine from Long Beach: The price points in So Cal are so high? It makes me really nervous. How would you suggest I get started? Mentor Lower Price Consider remote flipping What’s that Smell? Craig from Denver, CO: I bought a house that had belonged to a heavy smoker. I’ve repainted it but there is still a faint smoke smell in the house. What do I do? Evie from Pittsburgh: My flip house had cats -- and a TERRIBLE smell. I pulled out the carpets but there are urine stains on the subfloor. The smell is still there. What are your suggestions?  

FAR 046 Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. News: One place RE prices are flat: Anchorage, AK! Available inventory is down (like everywhere else) but prices are not going up (unlike everywhere else). Why? Because the population is declining. Shell closed a refinery in the area and many people are leaving. Lesson: Avoid long-term strategies in areas with one large employer. RE Investing in a Trump Economy - It’s the same as investing in any economy. The economy is driven largely by consumer confidence, not governmental policy. The only thing government can do by its policy implementation is to encourage or stifle economic activity. Foreign Buyers 153 Billion last year. Up 49% from last year. About 5% of home sales China 31B Canada 19B UK 9.5 Mexico 9.3 India 7.8 $3 trillion in home sales last year. For the 4th year in a row, the largest group of homebuyers in the US are millenials, defined as 35 or younger. The 5th hottest housing market in the US -- Columbus, OH. It’s hot EVERYWHERE folks.   Emails: Matthew from Louisville, KY: “Just caught your show by accident and dude I’m hooked. You gotta tell me how I can get some training and do this in Kentucky.” Tuesdays at 2 FlipStarter Course Coming in September   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. Interview Guests: Roger Herring, Investors’ Accounting LLC

FAR 047 Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. News: For months I’ve been predicting a slow down in rising prices. Specifically I targeted first or secong quarter of 2018 before we would notice things cooling off. Today I have the first evidence. From Seattle, the HOTTEST market in America and the fastest rising prices. http://www.seattletimes.com/business/real-estate/foreign-buyers-drop-off-as-seattle-housing-market-hits-hottest-tempo-since-2006-bubble/ So foreign buyers are already beginning to taper off a bit in Seattle. Articles on the “hot market” Plano Texas Austin Texas Seattle Columbus OH St. Louis San Francisco / Bay area Denver Raleigh Durham, NC Nashville New Haven and all of Connecticut Park Rapids, MN   Exception: Flint MI. Sales are down, prices are down. Why? People have been told they cannot sell their home with known lead and pipe issues. It may not be true, but the other problem is no one wants to move there before they get their water issues resolved.   Meanwhile in Toronto: Prices are down, median price fell from 919k to 793k last month. Why? Because of a new 15% tax on foreign buyers. Tax any behavior and it will decrease. Politicians tax where they see dollar signs, without regard to the above statement.   Prices elsewhere in Canada are like those in the US. Markets are hot.   It won’t be long before you start seeing “sky is falling” articles about the markets being overheated. What will happen? People will listen. The euphoria will pass, builders will catch up with inventory and the market will settle in at normal rates of appreciation, roughly tied to inflation.   High prices are squeezing out lower income buyers. So what will happen? Where there is a market, enterprising builders and investors will move to lower prices. They want to make money and have to sell in order to do it.   Scams: Rental Scam: Advertised on Craigslist - price VERY reasonable. Credit card required for viewing. “Landlord” promised to meet them at property. Then didn’t show, claiming son was ill at hospital. But now he has the credit card #.   Others have actually rented out the house, taken the money, signed and lease, and let the people move in. Except the house belonged to someone else.   Investor Uh-OHs:   Let’s call him Bill: I bought a house that needed quite a bit of work, but had everything worked out and a plan. Unfortunately both my contractor and I missed a significant foundation issue. The integrity of the structure was compromised and the cost to repair was more than it would cost to tear the house down and build new. I ended up selling at a significant loss. Lesson: When buying an older house, hire a home inspector, $400 well spent.   Emails: Leonardo from Sandy Springs, GA “I need something to help me completely figure out my costs and the possibilities with a property. I started trying to put something into a spreadsheet but I can’t seem to get it all in there. I heard your show and decided to ask if you knew of anything out there.” Frannie from Rockford, IL, “Tell me about using Land Trusts to hold title to your investment properties. Why do that and how does it work?” Interview Guests: Beyond Wynn

FAR 048 Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. News: New Report: the Top 20 Zip Codes in the US for Real Estate Investing 16 Cities where income can’t keep up with housing costs: meaning - don’t invest there. Santa Ana, CA Newark, NJ Bloomington, IN Los Angeles, CA Lynnwood, CA Garden Grove, CA Hialeah, FL Westminster, CA Inglewood, CA El Monte, CA Paterson, NJ Baldwin Park, CA Davis, CA west of Sacramento Hawthorne, CA Miami, FL Passaic, NJ Commercial real estate has been placed on the Feds official “worry list” according to Business Insider online.   Investor Uh-OHs: “Sue” bought a house from a wholesaler. The price was 140k. The wholesaler had told her the rehab would be 60k and the ARV is 300k. Sounds great and by our formula she could be all in at 210 and still be doing well. She proceeded to put the property under contract. AFTER closing, the best estimate she could get for the work was 78k. Well, that’s a little over budget, but we will still make money. She got the work done for 81k (found a few extra problems) and listed the property. Her realtor said that the best she would get is 280k. She wanted / needed more so they tried a listing at 285k. They ended up reducing over a month to 275 and eventually accepted 270k. If you’ve been doing the math, she was all in at 221 and selling for 270 so she’s ok right? Let’s see… Commission: $16,200 Taxes: $1,548 Insurance: $750 Cost of funds: $24,375 Total additional costs: $42,873 Selling price: $270,000 Less purchase and rehab: $221,000 $49,000 - additional costs: $42,873 = 6,127   Annualized ROI is 5% - You would be better off putting your cash into an indexed fund. What you just got for your money was a $40,000 course in the Real Estate Investing school of hard knocks.   Lessons: DON’T trust a wholesaler’s numbers. DO get a real contractor bid during DD. DO NOT compromise on your 30% margin. DO get your realtors’ opinion of ARV before entering into agreement to purchase DO find a way to contain costs without treating your buyers poorly.   Emails: Questions from College Reunion: “How can I tell if my town is a good place to invest in real estate?” -Are people moving there? Population growing? -Employment opportunities (preferably from more than one major employer) -Are there areas of revitalization/renewal? -Look for the rare below market gems in the best parts of town.   Bennie from Boston: “I’m thinking about coming to Atlanta for your one day course. What are you going to cover?” Find Fund Fix Flip Create a Plan for your Business Show you the path to a full-time career (if you want that).

FAR 049 Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. Translating Income Target into Daily activities. News: Steph Curry loses money in Bay Area Real Estate. Emails: Martin from Long Beach California, “I heard you on your last show talking about buying rentals in my area and I agree - it’s tough to find a property here that you can rent with any kind of decent return. I’m thinking about investing in recreational or resort properties and renting them through AirBnB or VRBO or something. What are your thoughts about this strategy? Kelvin from Atlanta, “I am thinking of buying a condo in Panama City as an investment. My family would enjoy the ability to get down there several times a year plus we could make some money renting it out. What’s your opinion on this?”

FAR 050   Topics: THURSDAY THURSDAY!   Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today.   Trends Watch price increases in your area. Let me know what you are seeing.   What to do with malls: Technology Center Business incubator Local community college - or satellite campus Convert to housing Scrape and build something new   How do we prepare for technology trends in today’s market. What are the trends? *Ride sharing, including car sharing. When ride sharing costs less than car ownership, Urban parking garages will have excess inventory. What can you do with surplus garage space? If you’re investing in a REIT, perhaps consider warehouse space over garage space. *Online shopping, including groceries Secure package delivery. Build this into your next flip project and make it a part of your marketing. *Electric vehicles. Make sure you have a place to plug the car in!   Baby Boomers are heading toward Senior Living Facilities -- Biz Times calls it “Silver Tsunami” Independent living in senior neighborhoods Assisted living in retirement communities Today’s residents, mostly born in the 1930’s. The Boomers are coming. There will be employment opportunities. And those employees need to live somewhere.   Healthcare may be heading toward single payer. Rationing, long wait times. - Invest in medical office space in the Caribbean - for the wealthy who can and will afford to seek needed treatment elsewhere.   Emails: Virginia from Ocala, FL. “I’m recently retired, but don’t want to just stop everything. I’m thinking seriously about flipping a house like they do on TV. I know I need to consider the cost of the remodeling work and how much I’m going to sell it for. What other costs am I going to run into on the project?” Costs Associated with the Purchase: Closing costs Utility Deposits Insurance Holding Costs Utilities Maintenance (primarily lawn) Insurance HOA Costs Associated with the Sale Commissions RE Taxes Transfer Taxes Possible share of closing costs Cost of Money Origination fee (points) Interest Angela from Pittsburgh, “I have some money I want to invest in real estate but I don’t want to flip a house. That seems too complicated. I DO like the whole process though and the profits seem pretty good and I want a better return than I’m seeing with REITs. Is there a way to invest in a project someone else is flipping and make a good return on my money?” Obviously yes. You need to do some research: Know the property and the process. Know the person doing the work. Or BOTH. Get your interest protected. Encumber the title. Brent from Denver, CO, “What is dual agency? I saw on a website that it’s a scam, but I don’t understand it.” Phil from Long Beach, CA “I’m a new listener. I want to get started flipping houses. I’m thinking about signing up for some training. I went to an event where they wanted more than $30,000 to show me how to do this. I can go to a local group and get the same training for about $500. Or is it the same? I don’t really know what I need -- please help.   Erik from Tampa: “What’s the difference between a mortgage and a Deed of Trust? I want to sell a property myself using owner financing and want to make sure I protect myself in the right way.”  

FAR 051 Topics: THURSDAY THURSDAY! Hey if you are looking to get your deal funded I’ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it’s hard to find money any cheaper than this. I know because I’ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click “apply now” and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. Two rules you should ALWAYS follow when investing in someone else’s project News: Zillow and Redfin going at it: Zillow says, “Redfin is a threat to organized real estate.” Something I saw for the first time: an owner occupant going to networking meetings to find a property. Story in Bloomberg. Note the headline and sub-head Billionaires in a mobile home park? Emails: [email protected] Tell us where you’re from! Angela from Pittsburgh, “I have some money I want to invest in real estate but I don’t want to flip a house. That seems too complicated. I DO like the whole process though and the profits seem pretty good and I want a better return than I’m seeing with REITs. Is there a way to invest in a project someone else is flipping and make a good return on my money?” Obviously yes. You need to do some research: Know the property and the process. Know the person doing the work. Or BOTH. Get your interest protected. Encumber the title. Keith, from Anaheim, CA, “I want to follow up on the question about investing in someone else’s flip. Tell me more about how it works and what kind of return I could expect. Also, can you provide a sample of the paperwork I would need?” Phil from Long Beach, CA “I’m a new listener. I want to get started flipping houses. I’m thinking about signing up for some training. I went to an event where they wanted more than $30,000 to show me how to do this. I can go to a local group and get the same training for about $500. Or is it the same? I don’t really know what I need -- please help. Erik from Tampa: “What’s the difference between a mortgage and a Deed of Trust? I want to sell a property myself using owner financing and want to make sure I protect myself in the right way.”

FAR 042 Topics: Hiring and Managing Contractors Interview Guests: Stacy Rosetti - LIVE at Flipping Atlanta

FAR 052 Live from Flipping Atlanta! Interview Guests: Stacy Rosetti: “Hiring and Managing Contractors, Part 2”  

FAR 053 Topics: “FlipStarter” is September 23-24. EJ Lashlee Jennifer Hammonds Jay Conner Bruce Mack Banks Brazell Roger Herring Karen Anderson What you need to know to jump on one of the best business opportunities in America. Trends: Use of Technology. Tell me how you use this tech in your business! [email protected] Tell us where you’re from! News: The Hamptons again - High end properties are just sitting there. Today’s young wealthy don’t appear to want the mega mansions. Matt Laurer just reduced the price on his home in the Hamptons by $2M. Scams: You’ve been approved! Edutainment Story of the day Joey went out and inspected the two brand new HVAC units at his flip. He then went back to the office and cut the check to pay the contractor for them. He was back out at the property two days later and the brand new units had been stolen. It didn’t look like an amateur hack job. Someone had taken the time to properly disconnect the units.  After filing the police report, what did Joey do next? He led the police to the home of his HVAC guy and lo and behold, there they were, sitting on his trailer. The HVAC guy at first claimed they were not Joey’s but had just been purchased for another job. How did Joey prove his case? He produced his phone with multiple pictures of the units, and the metal tag with their serial numbers! Motivational Thoughts for the day Overcoming Fear: Set your goals Make your plans Mitigate Risks Mentor Up Dip Your Toe(?) Make the Plunge Emails: [email protected] Tell us where you’re from! J.M. from Nashville, TN. Please explain the difference between “Lease Purchase” and “Lease Option”. Which should I use in leasing out a property I want the people to buy. The house is about a 45 minute drive and I don’t want to run out there and replace light bulbs or unclog toilets.”   Carl from Sandy Springs, GA “I can’t tell by just looking at a house how much it is going to cost to rehab. And if I don’t know that number I can’t use your formula to make an offer. Please help. I’m stuck.”

FAR 054 Expected Air Date: 8/17/17 Topics: “FlipStarter” is September 23-24. EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Jennifer Hammonds, Jennifer Hammonds show. Realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Banks Brazell, ReBuild Co, Roger Herring, The Investors Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. What you need to know to jump on one of the best business opportunities in America. Trends: [email protected] Tell us where you’re from! Stacy from Atlanta: I use Social Media to showcase our before and after pictures from our flips. SEVERAL people had this response. Bill from Akron: I use mobile apps like Takl and TaskRabbit to find people for smaller jobs in my business. Francine, Lancaster PA. I use videos to show work in progress on my houses, stream to FB, and send a copy to my private money lender. It builds credibility and provides a good update. Donna from Atlanta: Everyone gets a TON of email every day. I send out my wholesale deals via text message. They get read almost every time. Mark from Tallahassee: I use a service that allows me to leave a voice mail on someone’s phone without ever calling them. I use this to remind them of our meetup group, announce when I have a wholesale deal, or anything important like that. News: Headline: “Will the hot Texas real estate markets ever cool off?” Biggest Non News: REIT is about to pay out a dividend of $0.02 per unit. Fastest Growing RE Companies in the Fortune 500 Ethereum Based Crowdfunding REX - the big news of the day Emails: [email protected] Tell us where you’re from! Carl from Sandy Springs, GA “I can’t tell by just looking at a house how much it is going to cost to rehab. And if I don’t know that number I can’t use your formula to make an offer. Please help. I’m stuck.” Bernie from Ocala, FL, “I own 23 rentals free and clear. I’m ready to sell them and I’m willing to owner finance. I want the income. Can you find me a buyer?” Not a realtor, but out of the 2 mil or so who might be listening I imagine we have a few buyers. Contact us here and we will put you in touch. Victor from Colorado Springs, CO “I found you on iHeart radio and love the show. I know I’m asking something that’s been asked before, but I’m looking at an abandoned house that got partially burned about a year ago. I’m wondering how to figure out how much to offer. Melanie from Pittsburgh, PA. “I have been looking for funding for my deals. I found this source online that is offering to set me up with a $4M credit line. I filled out their application and was approved the next day. We are ready to go to a closing, but I am supposed to pay a 1% ‘success fee’. They want that money before they will schedule the closing. That’s $40,000. I don’t really have that much right now. They suggested I borrow it from a friend and repay the friend once I close on the line. This doesn’t feel right. Your thoughts?” Anderson from Hammond, IN “I applied online with a hard money lender. They appear to be reputable and I have some friends who have borrowed money from them, which is how I found them. They are asking me to pay a $500 application fee which they say will cover the cost of the appraisal and opening up a file. I remember you saying to never pay a lender up front, but this seems legit to me. Am I getting ready to make a big mistake?” Anderson named the lender in his email, which we are not going to name here, but we researched them and Anderson, they are a legitimate company. This amount is actually normal and customary.

FAR 055 Expected Air Date: 8/19/17 Topics: “FlipStarter” is September 23-24. EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Jennifer Hammonds, Jennifer Hammonds show. Realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Banks Brazell, ReBuild Co, Roger Herring, The Investors Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. What you need to know to jump on one of the best business opportunities in America. Trends: [email protected] Tell us where you’re from! The New Normal in Real Estate Marketing for 2018   Live Streaming Content Marketing Digital Showings Social Media Marketing Drone footage and stills Interview Guest: Steve Gebhardt

FAR 056 Expected Air Date: 8/21/17 Topics: “FlipStarter” is September 23-24. Jay Conner. America’s private money authority EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Bruce Mack. Founder of Platinum Finance Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire. Banks Brazell, ReBuild Co, Roger Herring, The Investor’s Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. When you register at FlipStarterEvent.com, you will also get 2 free tickets to What you need to know to jump on one of the best business opportunities in America. Construction and re-modeling houses Interview Guest: Banks Brazell

FAR 057 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: [email protected] 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: EJ Lashlee

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: [email protected] 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 059 Expected Air Date: 8/28/17 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.   Our thoughts are with everyone in Houston and surrounding areas impacted by Hurricane Harvey. You are in our prayers today.   The “Thankful” Journal. 28 days. 10 things per day. Dianna Her beauty. Of course it’s the first thing anyone notices about her. She is stunning to see and even after all these years of being together she still catches me staring at her. When she asks, “what?” I just shrug my shoulders. The truth is, I’m constantly amazed that a lady this fine agreed to go out with me. Her smile lights up a room and can melt ice (as well as my heart). Her character. She will do the right thing. She will do it when it’s inconvenient. She will do it even knowing it will cost her. Her devotion to honor is a rare quality. Her personal discipline. I have seen her decide to go on a specific diet or “meal plan”. She will not vary, she will not cheat - not even a mouthful. Her workout routine is legendary and no matter what else is going on in her life, she will take the time to get her diet and exercise right and in so-doing has encouraged a more steady application of the same in my own life. Her sense of “industry”. She rises early -- waaaaay early. She does this in order to get her workout and personal time done before she begins her work day at 7:30 am. Wow, who has to be at the office by 7:30? But wait, she works from HOME and doesn’t have regular office hours. She could start at 10 or 11 some days and still get everything done. That means she could stay up at night, sleep in, hit the gym at mid-morning and so forth. But she doesn’t. Why? Because she wants to get her work completed responsibly and turn her attention to --- more work. Her maternal instincts. Her children adore her and are totally devoted to her. My children love and respect her. Why? Because in her mom role she has always provided, nurtured, corrected, developed and as they grew older -- over her own reluctance -- released them to adulthood. She let them go, valuing their independence over her inevitable loneliness, but even now as healthy self-supporting adults they love her more than ever. Her reliability. Need something done? Call Dianna. Need someone to show up on time? Ask Dianna. Do you want someone who will complete the task in front of her on time and on budget? Give it to Dianna. Do you need a faithful friend who will stand with you through good times and bad, when you are weak, in pain, in search of a steady accepting, non-judging friend? I’ve seen her in this role many times. She is a friend and a person you can always count on. Her generosity. Her first instinct is to give to someone in need (including animals). One of her driving motivations is a quiet outreach she plans for single moms. You’ll never read about it in the papers or online because that’s not her style. But people are blessed by her presence and her generosity. Her discernment. Anyone who gets hired in my companies at some point will meet her before the hiring decision is made. Almost no candidate knows this is anything more than a social introduction. The fact is, she has a reliable built-in BS detector. Call it intuition if you want, but I believe it is much more. She pays attention to details, verbal and non-verbal cues and her surroundings like few others. Her love. She is a person of few words. If you are one of the lucky individuals who actually get to know her, you will find that she has a passion and intensity inside her that is an unquenchable fire. This inner passion ultimately guides all her other qualities and directs her daily decisions. And although she moves through her days with ease, grace, and few words, I can see that fire in her eyes and with a small glance in my direction I FEEL that intensity wrapping around me and holding me close. To be loved - to feel loved like this changes the way I see the world and although a stubborn man of bad habits, has changed me and made me a better person. These are ten -- I believe I could produce a hundred more. Proverbs 31 Interview Guest: Jennifer Hammonds, YAAAAAAY!  

FAR 060 Expected Air Date: 8/31/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 30 and October 1. Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about 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. Our thoughts are with everyone in Houston and surrounding areas impacted by Hurricane Harvey. You are in our prayers today. News: The Top Ten Places to Retire http://www.marketwatch.com/story/10-of-the-best-places-in-the-world-to-retire-2016-07-23 Top 10 Best places in the World to live: http://www.marketwatch.com/story/no-american-city-makes-the-list-of-the-worlds-top-20-best-places-to-live-2017-03-15 The 20 hottest real estate markets, August 2017. (Check out Grand Rapids, MI) http://www.realtor.com/news/trends/hottest-markets-august-2017/ Ten-X, commercial RE auction site, gets bought by Thomas H. Lee Partners - majority stake for $1B. Emails: [email protected] Tell us where you’re from! William from W. Islip NY. I’m not a realtor, and I’m having trouble figuring out the ARV. Any help you can give would be appreciated. Love your show by the way - found it on iHeart radio. Jason from Huntsville, AL. Could you review the insurance I need for a flip? I bought a house at the foreclosure auction and the people are still living there. I guess they will be there until the redemption period expires. So how do I insure this house? Caroline from Madison, WI. I’m a student at Wisconsin (Go Badgers!). My parents are thinking about buying a house here in Madison and renting out the rooms while letting me have a place to stay. Do you think this is a good idea? If they do it, my dad wants me to ask you for some tips for managing the other renters.

FAR 061 Expected Air Date: 9/2/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 30 and October 1. Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about 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.   Our thoughts are with everyone in Houston and surrounding areas impacted by Hurricane Harvey. You are in our prayers today. News: Two more HOT real estate market lists. Different methods - different results; Wallet Hub Frisco, Texas; McKinney Texas; Allen, Texas; Cary, NC; Richardson, Texas; Seattle; Bellevue, Wash.; Carrollton, Texas; Nashville; and Denver Sharestates: Methodology: Loan to ARV%, ROI%, Increase in Demand See article http://www.businessinsider.com/8-hottest-housing-markets-in-america-right-now-2017-8/#4-west-babylon-new-york-5 Miami and Miami Beach among the worst RE markets in the nation. Lessons: Second-home markets fluctuate with the economy. If you learn to read the signs, you can buy low and sell high. The local RE market The regional economy The national economic forecasts. Looking for signs of an economy that will boost the confidence of the “second home” segment. Emails: [email protected] Tell us where you’re from! Caroline from Madison, WI. I’m a student at Wisconsin (Go Badgers!). My parents are thinking about buying a house here in Madison and renting out the rooms while letting me have a place to stay. Do you think this is a good idea? If they do it, my dad wants me to ask you for some tips for managing the other renters. Wade from Pittsburgh PA: Ok, I’ve flipped 4 houses in the past year and made more than I make in my job. I’m ready to quit my job and turn this into a business. What should I do? Bridgette from Boulder CO: I’m looking at a site called auction.com. Are you familiar with it? What is your thinking about auction sites for real estate?

FAR 062 Expected Air Date: 9/4/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 30 and October 1. Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about 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.   Our thoughts are with everyone in Houston and surrounding areas impacted by Hurricane Harvey. You are in our prayers today. Trends: [email protected] Tell us where you’re from! How to think strategically about overpriced markets. Consider your exit plan. If you are flipping, just do your thing. Deals may be harder to find, but quicker to sell Do not intentionally do marginal deals. You may have to let the cruel world of reality thin the herd of investor wanna-bes. Learn the art of remote flipping and even remote rentals. If holding, think very carefully about buying in a market where prices are rising faster than income can keep up. Why? You need to be able to charge enough rent to make the property cash flow properly. People need to be able to afford their rent A correction is on the way. It’s inevitable. When people can no longer afford the prices, they will no longer buy. When demand shrinks, prices will come down. You don’t want to buy at the top. Reality: People live near jobs, education, and opportunity. Find communities with a diversified solid base of employment. Put your eggs in multiple baskets. Different asset types? Different locations definitely. News: Houston Under Water Canada Real Estate in Trouble? Canada Real Estate NOT in trouble. Emails: [email protected] Tell us where you’re from! Scott from Macon, GA “My contractor got started a few days ago and put in for his first draw. I went to the house and noticed that he had already painted all the walls, even though there were still some repairs to be made. His crew even painted one wall that will be removed. When I asked him about it, he said this was just a primer coat and it helped them see the repairs that needed to be made. But it was the chosen wall color, not primer. He told me it didn’t matter what I used for primer - just needed two coats. And he billed me on the draw for ½ of the painting. I’m thinking something doesn’t seem right about this…” Deanne from Pittsburgh, PA. “Is there a database of bad contractors somewhere on the internet? I want to keep people from hiring this guy I just fired. He’s a crook."

FAR 063 Expected Air Date: 9/7/17 Emails: [email protected] Tell us where you’re from! Cindy from Gulf Shores AL: “is the ‘no money down’ deal a real thing? I hear it all the time on TV and infomercials. It seems too good to be true.” Fred from Clarksville, IN:  “I’m trying to buy a house to live in, but it needs repairs before I move in. Do you know a hard money company that will loan me the money?” William from Savannah, GA: “What do you know about investing in historic houses? I’d like to know your thoughts.” Shay from Seattle, WA: “What are some of the criteria you think about when choosing a remote market. I’m not having any success finding a deal here in Seattle.” Willy from Westchester PA: “I have two possible deals to buy. The better one is about a 30 minute drive further away. Which should I do?” Abby from Pittsburgh, PA: “We bought our first house. Our mortgage broker told us we made enough income to qualify for another house, such as a rental. The extra income seems like a great idea, but we heard your show and thought we would get your thoughts. If we were going to do this, what should we look for?”

FAR 064 Expected Air Date: 9/9/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 30 and October 1. Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about 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. Trends: [email protected] Tell us where you’re from! News: Blockchain Technology is in the news again. ATLANT Blockchain is a new company designed to make real estate investing accessible to everyone. Because of the open nature of the technology, pricing information, ownership information is available to all. Tokenized ownership Peer to Peer rentals. Implications: The more all the information is available the more efficient the market becomes. It leads to a form of market stability, but also reduces opportunity. Limited discounts Limited opportunity for value-ad or forced appreciation. Won’t happen all at once - won’t happen soon, and will probably always be one of the options - not the only method. The advance of technology - takes away some opportunities - creates others. Demand for apartments easing off. The year over year absorption rate is down 8%. This means apartments are sitting for longer periods of time when completed. In another 6-8 months, rent rates are going to take a dip. Chinese Investments are pouring into London. Contrary to “expert” predictions Cheap Brexit Pound Sterling Political unease at home Safe Haven Stability Scams: Craigslist ad: i have a 2/1. You add a bedroom and bathroom and sell for 180. Repairs 45. Purchase 42. No address given. When contacted, the “seller” gave this spiel: Thanks so much for your interest in the property. We are an investment company that locates, drive around, negotiate, prepare reports and picture's and past the deals on to you.  Our company charges a research/address release fee of $100.00. Now, If you are interested in the property the fee will be a credit to your closing cost. If you are not interested in the property it is a non-refund charge for our services. Also, If you have interest in purchasing the property it would be an Earnest Money of 2000.00 payable to the Title Company.   Again, thanks so much for your interest. -Karen, Robinson Service LLC Emails: [email protected] Tell us where you’re from! Frederica from Long Beach, CA: Where do you see opportunities for residential investing today? Any area with solid job market and growing population base. Only invest in small towns if you live in that small town or have some other reason to be there from time to time.. Affordable homes - The way to wealth is to see and need and fill it. If you can build AFFORDABLE housing right now, you can make a fortune. There is a dearth of it.   Anthony, Boulder, CO: I want to get into commercial investing but don’t know how. I have $150,000 to put to this. REIT Crowd Funding DP on small office building. Jennifer from Providence, RI: Went to FlipStarterEvent.com. Looks like a great event at a great price. I just can’t help but wonder if I couldn’t somehow get all that information for free on the internet. Yes you can. Free info - no vetting. Could be wrong or misleading. No mentoring - No one to call on. So what do you need to know to really fix and flip houses? How to find deals 10 sources Foreclosure auction an entirely different set of risks and knowledge base. Deal Marketing Direct mail Landing page Answering the phone Screening calls Making offers How to know if it IS a deal Diff between profit margin and profit Diff between gross profit and net Calculating profit Estimating repairs Determining ARV How to buy it. Negotiating Creating solutions Maximizing profits Structure Purchase Cash Equity Partner? Hard Money Private money Owner Finance Installment contract Lease Option Lease Purchase Subject-To Wrap around Financing How to flip it Wholesale? Assignable contract Double closings Fix it Structural knowledge The parts of a structure Recognizing what needs to be repaired or replaced Design decisions Choosing colors Styles Accessories Contractor vetting and approval Where to find em How to check them out How to interview them Contract law and development Contractor Supervision Payment process Draw schedules Lien waivers Sell it Marketing approach Using a realtor How to find How to vet How to interview Whom to hire Manage the relationship Listing and pricing strategies Gathering feedback Managing objections Price reduction strategy Negotiating with buyers Negotiating AFTER its under contract Running Your Business Setting up properly Keeping proper records Creating business systems Tax strategies and planning Protecting your assets Proper Insurance for all assets Managing tenants Know the laws Prepare for court! Handling service requests Leases! What goes in them What can’t be in them Who’s on the lease?   That’s the TIP. The iceberg is what is underneath all that. It’s a lot. But what do you get in return? The real possibility of a six figure income in a couple of years. The opportunity to build lasting wealth to pass on to your children and grandchildren Freedom - work when you want, however long you want, quit when you want or when you can each day. The opportunity to live life on your own terms. Don’t “make a living.” LIVE. Do that “higher meaning” thing.

FAR 065 Expected Air Date: 9/14/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming September 30 and October 1. Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about 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.   TV Flipping Show MYTHS. And we will bust them, with a little help from my friends. Correlations between Commercial and Residential RE Development Re-Investment New Stores... News: Commercial RE heading toward a correction Declines in NYC commercial investment project to a 2017 with numbers very similar to 2008. Prices have peaked in Commercial. Residential will follow. 8-12 months prices will peak, back up slightly, then proceed at a pace corresponding to inflation. Interest rates will go up in 2018.   If you’re going to buy a residence, the best time was 2010. The next best time is today. When the market corrects it may be 5-8% above current levels and it may be only a 3% correction on the whole. Emails: [email protected] Tell us where you’re from! Steve, Macon GA: Roger can we get you to come to our Investors Club here in Macon? We are only 90 miles away. Reggie, Chattanooga, TN: Chattanooga is a small city, but an interesting place to live. How are the investing decisions different in a small city from a large city? All Real Estate is local, Local Codes, Rules, or Laws Local knowledge of neighborhoods, shifts, renewal, gentrification, etc. Principles are generally true everywhere. Be all in at no more than 70% of ARV. Perhaps more opportunity to visit properties? May have to be open to a broader spectrum of possibilities. Brian, Wilmington, DE. I heard about the show from a friend of a friend. Listening to you on iHeart radio. Because of some new legislation, we are expecting to see an influx of professional jobs - lawyers actually - and I’m thinking about investing in some Executive - type rentals - higher end. Do you have any experience with that? It’s short term Higher quality of tenant, usually Typically less damage to a larger home. Quick turnovers. Buy it with flip margins in mind Consider an airBnB strategy. Gerald, Milwaukee WI. It seems like I don’t want to be trying to sell a house over the holidays, I don’t want to shut down my business, but I also don’t want to pay interest on inventory just sitting there through the winter. What are your thoughts? Sell all year long, just know the cycle. Lowest months are January and February Holiday staging!

FAR 066 Expected Air Date: 9/16/17 News: Equifax Data Breach!! Charlie Fowler coming up. Story on CNBC yesterday. REIT earnings are down for companies invested in retail space. Interview Guest: Charlie Fowler  

FAR 067 Expected Air Date: 9/17/17 News: Partners REIT announces distribution of $0.02083 per unit. 2 cents per unit. So my 1000 units would make me $20! There are 45,731,683 Units outstanding. Thus the payout is $952,591. Billboard for Offerpad. We will buy your home. Sounds great. Another version of “if I can’t sell your home I’ll buy it for cash.” Offers appear to be 12% below current value, when all fees are factored in. Article CNBC. Flipping on the decline as prices increase. 5.6% 2nd quarter, 6.9% 1st quarter. According to NAR, 5M existing homes sold in the US in 2016. 300,000 sold by investors or house flippers. (6%) Avg price, 240,000. RE Investors sold $72B in 2016. Not a trifling amount. Scams: Corey, from West Allis, WI “When is it OK to give my contractor money up front. All of the contractors I speak with want half the money before they will begin the work. What should I be doing to protect myself?” Scam is where someone gets your money for nothing (or very little effort). Pre-payment for loan Pre-payment for remodeling Emails: [email protected] Tell us where you’re from! Freddie, from Cleveland, GA: I’m looking at buying a manufactured home as a rental. It’s only $3,000 and I can get $350/month for it. It’s in rentable condition now and it’s on a lot that comes with the purchase price. What else should I be considering? I’ll take it! What’s the value of the land? Consider selling under an installment land contract. Damon, from Akron, OH: “What is the most I should pay for my first flip?” Andy, from Snellville, GA: “I cracked up when I heard your answer to the lady from Rhode Island asking if she could get all the information about flipping houses for free on the internet. Would you spend a little more time going over all those topics again? It sounds pretty complex.”

FAR 068 Expected Air Date: 9/21/17 Emails: [email protected] Tell us where you’re from! Randall from Huntsville, AL: I’m new to investing and would like to hear all the options available to me for funding my first deal. Chastity is from Providence, RI: We are about to buy a small house up in Lincoln and it looks like a pretty good deal. While doing our diligence we have discovered that this house and every house on the street are in a Historic District. It’s just an ordinary looking 1300 sf 3/1 built in the 1940’s. Please help us with anything you can about buying a home in a designated “historic” area. Alison from Waco, TX: Please talk more about where to find house deals. I know you talk about wholesalers, but I don’t know where to find them. Robert  from Indianapolis, IN: I have money and want to loan to a local investor who is flipping a property. How do I protect myself?

FAR 069 Expected Air Date: 9/25/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 21 and 22. . Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts. Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you’re from! Julio from Brighton, CO: “I hear you say you want to be “all-in” at 70% but I’m not sure what you mean by that. Would you mind going over that?” Alison from Waco, TX: Please talk more about where to find house deals. I know you talk about wholesalers, but I don’t know where to find them. Teddy from Long Beach, CA. I’ve flipped four houses in the past 18 months. I want to quit my job to focus on this full time. How do I know when it’s the right time to quit? Replacing salary - MORE than Cash reserves - 1 year of salary Consider the cost of benefits Study the systems and processes you will need to scale up. Increased volume = increased overhead - staff. Stan from Lincoln, NE, “I know you have to get a certain percentage of stupid questions. How do you deal with those?” Brittany from Chattanooga, TN, “I’m looking at an older home in the Highland Park area. I noticed that the house still has a fuse box. Am I going to need to upgrade the electrical and if so, what will it cost?” Howard from Bridgeport, CT “I can’t make it to Atlanta for your FlipStarter event. Are you going to record it? Will it then be available in some format?”

FAR 070 Expected Air Date: 9/28/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 21 and 22. . Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts. Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Pat Dornan, developer of the “Ultimate Rehab Estimator” and author of “Expect the Unexpected.” 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Interview Guest: Pat Dornan - Ultimate Rehab Estimator

FAR 071 Expected Air Date: 10/2/17 Topics: Like us on Facebook. Join us every Tuesday at 2 for free interactive real estate coaching. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you’re from! Jake, from Bristol, VA “How is big city investing different from small town investing? How are they the same?” Andrew from Jackson, MS “What are the top three things to consider in buying a rental house? Consider buying small multi-family instead Actual cash flow Potential long-term upside Keep it small. Buy a low maintenance home Lisa, Roswell, GA “I’m a realtor, but not really an investor -- yet. As I search the MLS for possibilities, what should I be looking for?” Shawn, Paoli, PA, “I got an offer accepted on a bank-owned house. But now I can’t find anyone who will loan me the money to get it and fix it. I have perfect credit, but no prior experience. Any suggestions? Wholesale Mentor - split profits Tom, Arvada, CO, “I found a HM lender to do a deal, but now I’m four days from closing and they sent me the settlement statement. I have to come to closing with close to $50,000! I don’t have it. And I don’t know what to do.” Interview Guest: Karen Anderson, Direct Marketing Consultant.

FAR 072 Expected Air Date: 10/05/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 20 and 21. . Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts. Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Pat Dornan, developer of the “Ultimate Rehab Estimator” and author of “Expect the Unexpected.” Roger Herring, Founder of Investors Accounting. Karen Anderson, Direct 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you’re from! Jake, from Bristol, VA “How is big city investing different from small town investing? How are they the same?” Lisa, Roswell, GA “I’m a realtor, but not really an investor -- yet. As I search the MLS for possibilities, what should I be looking for?” Shawn, Paoli, PA, “I got an offer accepted on a bank-owned house. But now I can’t find anyone who will loan me the money to get it and fix it. I have perfect credit, but no prior experience. Any suggestions? Wholesale Mentor - split profits Tom, Arvada, CO, “I found a HM lender to do a deal, but now I’m four days from closing and they sent me the settlement statement. I have to come to closing with close to $50,000! I don’t have it. And I don’t know what to do.”

Topics: The Multiple Win Scenario Sellers Win. Buyers Win Private Lenders Win Communities Win Realtors Win Contractors Win We Win

FAR 074 Expected Air Date: 10/12/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 20 and 21. . Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts. Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Pat Dornan, developer of the “Ultimate Rehab Estimator” and author of “Expect the Unexpected.” Roger Herring, Founder of Investors Accounting. Karen Anderson, Direct 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Trends: [email protected] Tell us where you’re from! 5 Bathroom trends to avoid! And we are not just talking about laying off the late night pizza... News: 73, 77, 45. Harvey, Irma, Marie $175B, $200B, $75B Cali wildfires: Could be up to 65B. 21 already dead. 11,000 homes at significant risk, 9.1 million homes at some level of risk. Emails: [email protected] Tell us where you’re from! Lorraine from Traverse City, MI “You’re talking a lot about fix and flips this month and I understand - what with your event coming up. But what about those of us who want to buy rental properties. Will you be doing programs about that? David from Columbus OH, “I’m retired - don’t want to flip houses, but I love your show. I want to be a private funder for your or some of your students. How would I get started?” Andy from Tryon, NC “I have a business currently, but would be interested in flipping houses as a side hustle. Is that possible and how should I go about it?” Keith, Powder Springs, GA “I have $50,000 to invest. Not enough to buy a house, but enough to do something, right? What are my options?” Frankie from Jonesboro, GA “I went to a 3 day event from ________ _______ and got some good information. It was $197 and I was impressed. I wanted to sign up for their main course until I found out it was close to $35,000. I’m not doing that. Where I live I can buy houses for $35,000. I think I’d rather buy a house than pay that much to learn how to buy houses. So anyway - tell us plainly - are you going to upsell us to a $35,000 course too?” In a word, no, but let’s think about it... If you could make 35k per month after paying that, what would the deal look like then? Compare to a franchise… $500k to make $50k per year?? How about switching that around? But I’m not going to try to sell you something for $500k. I left 200k on the table, so my education might have cost me that. I’m not charging that. I’m not charging $50,000. The real problem is a course doesn’t really teach you how to do this. You need a coach -- a mentor. The Flipping America Mentoring Program. Our program begins with a surprisingly small commitment, with an agreement that your coach is going to get paid a little bit when you make money. Your first four deals for sure. More if you need it. Topics: The Secret to Flipping Houses in your Spare Time. Systems Persistence Consistency Discipline Discernment What you need to know to flip: So what do you need to know to really fix and flip houses? How to find deals 10 sources Foreclosure auction an entirely different set of risks and knowledge base. Deal Marketing Direct mail Landing page Answering the phone Screening calls Making offers How to know if it IS a deal Diff between profit margin and profit Diff between gross profit and net Calculating profit Estimating repairs Determining ARV How to buy it. Negotiating Creating solutions Maximizing profits Structure Purchase Cash Equity Partner? Hard Money Private money Owner Finance Installment contract Lease Option Lease Purchase Subject-To Wrap around Financing How to flip it Wholesale? Assignable contract Double closings Fix it Structural knowledge The parts of a structure Recognizing what needs to be repaired or replaced Design decisions Choosing colors Styles Accessories Contractor vetting and approval Where to find em How to check them out How to interview them Contract law and development Contractor Supervision Payment process Draw schedules Lien waivers Sell it Marketing approach Using a realtor How to find How to vet How to interview Whom to hire Manage the relationship Listing and pricing strategies Gathering feedback Managing objections Price reduction strategy Negotiating with buyers Negotiating AFTER its under contract Running Your Business Setting up properly Keeping proper records Creating business systems Tax strategies and planning Protecting your assets Proper Insurance for all assets Managing tenants Know the laws Prepare for court! Handling service requests Leases! What goes in them What can’t be in them Who’s on the lease? That’s the TIP. The iceberg is what is underneath all that. It’s a lot. But what do you get in return? The real possibility of a six figure income in a couple of years. The opportunity to build lasting wealth to pass on to your children and grandchildren Freedom - work when you want, however long you want, quit when you want or when you can each day. The opportunity to live life on your own terms. Don’t “make a living.” LIVE. Do that “higher meaning” thing.

FAR 075 Expected Air Date: 10/14/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 20 and 21. . Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts. Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Pat Dornan, developer of the “Ultimate Rehab Estimator” and author of “Expect the Unexpected.” Roger Herring, Founder of Investors Accounting. Karen Anderson, Direct 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Trends: [email protected] Tell us where you’re from! 5 Bathroom trends to avoid! And we are not just talking about laying off the late night pizza... News: Looks like Nibiru won’t hit us tomorrow. Although since it is supposedly invisible, wait until the Monday show to know for sure. While we are talking about invisible planets, spend some time this weekend reading up on and searching for Planet Nine. Ten times larger than earth. It’s existence explains a lot of weird stuff going on out there past Neptune, but so far no one has ever seen this planet. Market update - interest rates. Mortgage risk index is down. Artificial Intelligence and real estate. Home searches influenced by your online behavior. Warehouse space is hot again! Thanks to e-commerce. “Surge” in REIT shares - and the retail space is surprising. Yields still a bit less than 5%. Detroit is #10 is the nation for market heat, but the scammer know this. Sameer Beydoun - 24 months in federal pen for an elaborate real estate scam. British backers. Irish lottery winner invested in 600 detroit homes in and lost them due to unpaid taxes. Belgium investors were victims in a different scam. Know the person, or Know the property, or Have the means and the discipline to verify everything. Emails: [email protected] Tell us where you’re from! Cheryl from Winston Salem, NC, “I’m so excited! I just got a house under contract! using your formula it looks like I’ll make about 40,000.  My brother-in-law is going to do the work in exchange for a share of the profit. There are several things I want to do to the house that he says are unnecessary, like granite countertops in the kitchen, and certain flooring choices. Our arguments about this are beginning to dampen my enthusiasm. Please help me decide!” Gary from Long Beach, CA. “Ok, so what’s the first step I need to take in RE investing?” Sophia from Lancaster, PA. “I really want to start flipping houses and I’m ready to go, but I don’t know the first step or steps. What are the first 2 or 3 things I need to do? Justin, from Denver, CO “I can’t be at your event in October, but I NEED this. When will you be in Denver?” Charlotte, Tampa, and others… Keep listening -- we are working on a solution for you. Topics: Where do I begin? Line up the money Find a deal Get a mentor What you need to know to flip: So what do you need to know to really fix and flip houses? How to find deals 10 sources Foreclosure auction an entirely different set of risks and knowledge base. Deal Marketing Direct mail Landing page Answering the phone Screening calls Making offers How to know if it IS a deal Diff between profit margin and profit Diff between gross profit and net Calculating profit Estimating repairs Determining ARV How to buy it. Negotiating Creating solutions Maximizing profits Structure Purchase Cash Equity Partner? Hard Money Private money Owner Finance Installment contract Lease Option Lease Purchase Subject-To Wrap around Financing How to flip it Wholesale? Assignable contract Double closings Fix it Structural knowledge The parts of a structure Recognizing what needs to be repaired or replaced Design decisions Choosing colors Styles Accessories Contractor vetting and approval Where to find em How to check them out How to interview them Contract law and development Contractor Supervision Payment process Draw schedules Lien waivers Sell it Marketing approach Using a realtor How to find How to vet How to interview Whom to hire Manage the relationship Listing and pricing strategies Gathering feedback Managing objections Price reduction strategy Negotiating with buyers Negotiating AFTER its under contract Running Your Business Setting up properly Keeping proper records Creating business systems Tax strategies and planning Protecting your assets Proper Insurance for all assets Managing tenants Know the laws Prepare for court! Handling service requests Leases! What goes in them What can’t be in them Who’s on the lease? That’s the TIP. The iceberg is what is underneath all that. It’s a lot. But what do you get in return? The real possibility of a six figure income in a couple of years. The opportunity to build lasting wealth to pass on to your children and grandchildren Freedom - work when you want, however long you want, quit when you want or when you can each day. The opportunity to live life on your own terms. Don’t “make a living.” LIVE. Do that “higher meaning” thing.

FAR 076 Expected Air Date: 10/16/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 20 and 21. . Join my special guests: EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts. Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Pat Dornan, developer of the “Ultimate Rehab Estimator” and author of “Expect the Unexpected.” Roger Herring, Founder of Investors Accounting. Karen Anderson, Direct 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 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.   The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20.   I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com Trends: [email protected] Tell us where you’re from! 5 Bathroom trends to avoid! And we are not just talking about laying off the late night pizza... News: Inflation surprisingly low. Int up in Dec  https://www.bloomberg.com/news/articles/2017-10-15/yellen-says-fed-to-raise-rates-gradually-as-inflation-picks-up Best rental mkts for sfr  https://www.cnbc.com/2017/10/13/want-to-be-a-landlord-these-are-the-top-markets-for-investing-in-rental-homes.html Emails: [email protected] Tell us where you’re from! Doug, Fresno, CA, “i can’t come there… call.. Jill, Baltimore, MD “I am making offers on the MLS but cannot win any deals. What am I doing wrong?” Brent from Providence, RI, “How do you handle winter renovations? I’m about to buy a fixer upper, but wonder how I will get it done over the winter. We estimate it will take 2 months to complete and it will be turning cooler soon.” Do the outside now and whenever the weather allows. Get the heat on in the house. Allow extra time in your projections for bad weather delays. Daily costs ROI Timetable projections - cash flow Jenae, from Denver, CO, “I sent out a mailing last week and the phone has rung a few times and I scheduled my first appointment. I’m excited but SO nervous about meeting the seller. What can I do to be less nervous?” Consider your Personal safety Prepare, prepare. Everything you can know about the house About the seller, their problem, their motivation level... About the situation - loan balance, payment, etc. Your formulas - know what you can pay. Rehab worksheet in hand. Tape measure, pen or pencil, clipboard, flashlight, camera (phone is usually good enough) Topics: Negotiating TOP TIPS Preparation Body Language Presentation Close What you need to know to flip: So what do you need to know to really fix and flip houses? How to find deals 10 sources Foreclosure auction an entirely different set of risks and knowledge base. Deal Marketing Direct mail Landing page Answering the phone Screening calls Making offers How to know if it IS a deal Diff between profit margin and profit Diff between gross profit and net Calculating profit Estimating repairs Determining ARV How to buy it. Negotiating Creating solutions Maximizing profits Structure Purchase Cash Equity Partner? Hard Money Private money Owner Finance Installment contract Lease Option Lease Purchase Subject-To Wrap around Financing How to flip it Wholesale? Assignable contract Double closings Fix it Structural knowledge The parts of a structure Recognizing what needs to be repaired or replaced Design decisions Choosing colors Styles Accessories Contractor vetting and approval Where to find em How to check them out How to interview them Contract law and development Contractor Supervision Payment process Draw schedules Lien waivers Sell it Marketing approach Using a realtor How to find How to vet How to interview Whom to hire Manage the relationship Listing and pricing strategies Gathering feedback Managing objections Price reduction strategy Negotiating with buyers Negotiating AFTER its under contract Running Your Business Setting up properly Keeping proper records Creating business systems Tax strategies and planning Protecting your assets Proper Insurance for all assets Managing tenants Know the laws Prepare for court! Handling service requests Leases! What goes in them What can’t be in them Who’s on the lease? That’s the TIP. The iceberg is what is underneath all that. It’s a lot. But what do you get in return? The real possibility of a six figure income in a couple of years. The opportunity to build lasting wealth to pass on to your children and grandchildren Freedom - work when you want, however long you want, quit when you want or when you can each day. The opportunity to live life on your own terms. Don’t “make a living.” LIVE. Do that “higher meaning” thing.

FAR 077 Expected Air Date: 10/19/17 Special Guest Roger Herring Topics: Negotiating TOP TIPS Preparation Body Language Presentation Close

FAR 078 Expected Air Date: 10/21/17 Trends: [email protected] Tell us where you’re from! News: The TOP TEN hottest ZIP codes in the US Special Guest Bruce Mack

FAR 079 Expected Air Date: 10/24/17 Trends: [email protected] Tell us where you’re from! News: Utah real estate investor gets 7 years. https://www.ksl.com/?sid=46184689&nid=148 Hurricane Irma hurts home resales: http://www.mysuncoast.com/news/local/hurricane-irma-hurts-local-real-estate-market/article_68b86c96-b768-11e7-ab3e-a34030ed6dc1.html Real Estate Fracking? http://www.globest.com/sites/irem/2017/10/23/how-real-estate-fracking-is-leaving-its-mark/?slreturn=20170923072825 Your Brain can hurt you. https://www.bisnow.com/london/news/economy/why-your-brain-makes-you-get-real-estate-investing-wrong-80598 Emails: [email protected] Tell us where you’re from! Lauren, Ft. Worth, TX, “I couldn’t make it to your event, but I’m interested in your mentoring program. Do you have any options for me?” https://calendly.com/rogerblankenship/30minconsult Anyone else can email us and we will send a link. Lyndsey, Chattanooga, TN, “I couldn’t come to FlipStarter, but I want into your mentoring program. Is it too late?” Next 3-day mentoring course, Dec 1-3. Schedule a call with us. David, Caribou, Maine, “We are in a small town - I just don’t see fixing and flipping as a way of making a living here. Rentals maybe. Do you offer guidance on that as well?” Yes. Stay tuned. Peter, Milwaukee, WI, “Will you eventually be providing your training in other places or is it just in Atlanta.” Topics: House Flipping Myths [email protected] Tell us where you’re from!

FAR 080 Expected Air Date: 10/26/17 Trends: [email protected] Tell us where you’re from! News: Self-Driving Cars and ride-sharing could impact self-storage: https://therealdeal.com/miami/2017/10/25/self-storage-industry-could-face-head-on-impact-of-driverless-cars/ Barbara Corcoran of Shark Tank follows Hispanic demographics in her own investing. http://people.com/chica/barbara-corcoran-on-why-hispanics-dominate-real-estate-and-business/ Topics: 85 ways to make money in real estate REIT Crowd Funding Stock in publicly traded RE company Residential Realtor Commercial Realtor Real Estate Marketer Realtor Lead Generation Realtor Lead Management Bird Dog Wholesaler Fix and Flip Buy and Hold Hybrid fix and Hold New Every 2 Flip strategy Turn Key Rental sales Lease Arbitrage Leveraged Contract for Deed Residential Mortgage Lender Commercial Mortgage Lender Appraiser Home Inspector Insurance Agent Title/Escrow Agent Real Estate Attorney Real Estate Accountant Cash Lender IRA Lender Lending Broker Real Estate Private Equity Fund Property Management, Residential Property Management, Commercial Own the Brokerage Resident Manager Handyman Contractor Project Manager Small Multi-family (duplex through quads) Small Apartments (5-50 units) Large Apartments Apartment wholesaler Fix and Flip Apartments any size Small Office Large Office Commercial Sub-leasing (Regus, WeWork, etc.) Virtual Office Triple Net Leasing - large companies don’t always want to own the real estate. Manufacturing / Industrial Retail Motel / Hotel Single family developer Commercial developer Real estate photography Raw Land Farm Investing Timber Water/Mineral/Oil/Gas rights Mobile Homes Mobile Home Parks RV Parks Vacation Rentals Billboards Mini-storage Business short-stay (AirBnB) Non-performing Notes Performing Notes New Construction Residential New Construction Commercial International investing Auctions Foreclosure sales Tax Liens Subject-To HUD sales VA sales Bulk packages Joint Ventures Real Estate Syndication 1031 Exchanges Consulting / Mentoring Blogging Retirement Specialist Author REIA owner Trainer / Guru Radio Host! (wait - we were talking about making money…) [email protected] Tell us where you’re from!

FAR 081 Expected Air Date: 10/28/17 Trends: [email protected] Tell us where you’re from! News: The Hottest RE Markets for 2018: http://www.tennessean.com/story/money/real-estate/2017/10/26/nashville-drops-three-notches-2018-outlook-remains-top-10-u-s-real-estate-market/800160001/ Ten Leading Indicators that a City is on the rise: https://www.forbes.com/sites/forbesrealestatecouncil/2017/10/26/10-signs-a-city-is-on-the-verge-of-becoming-a-real-estate-investment-hub/#6f83b2052433 Special Guest Charles Sells, PIP Group. Topics: House Flipping Myths, 9-15

FAR 082 Expected Air Date: 10/30/17 Trends: [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: When to drop your selling price in today’s market. https://www.cnbc.com/2017/10/27/how-to-know-when-to-drop-the-asking-price-on-your-home.html A solution for vacant retail space! I predicted it… http://www.sun-sentinel.com/local/broward/sunrise/fl-sb-apartments-shopping-center-sunrise-20171027-story.html Ten Trends for 2018 https://www.curbed.com/2017/10/26/16554900/real-estate-trends-housing-affordability-urban-development The slow-down is starting. https://www.msn.com/en-us/money/realestate/stuck-in-place-u-s-homeowners-hunker-down-rather-than-move/ar-AAubp7w?ocid=ob-tw-enus-634 Investor Uh-OHs: Send in your uh-oh. Help us all learn and grow. Randy, from Sylva, NC. “I bought a house and did a nice job (so I thought) fixing it up. I peeked into the crawl space but never went under there. It was tight and I’m a big guy. When we sold it, the home inspector told us there was standing water in the crawl space that had led to some minor wood rot and could lead to other problems in the future. The water was due to the grading of the lot. The only thing to do was repair the damaged wood and install a sump pump to deal with future water issues. The $1800 that cost came right out of the bottom line. We would have bought the house and done the deal anyway, but it was disappointing to have to spend that money.” LESSON: If you’re not going under or on top of the house, hire a home inspector when you buy it. Emails: [email protected] Tell us where you’re from! Randall, Mountain Brook (Birmingham), AL “I enjoy the show but I don’t want to fix and flip. I have some money and want to invest passively in RE. What do you recommend?” Carmen, Littleton, CO. “I have switched my 401k to a Roth IRA and want to invest in Real Estate. I don’t want to do the work, I want to be the bank. I only have 200k to put into this. Where do I begin?” Laura, Atlanta, GA “What can I do to put 120k to work from my Roth IRA?” Rachel, Chattanooga, TN, “I have a 401k and it’s doing ok, but I think I could make more money in real estate. Tell me how to switch it to a ROTH IRA.” Topics: Passive Income in Real Estate I DON’T RECOMMEND. But here are some things you might want to consider. REIT Shares in publicly traded RE company Crowd Funding Individual house flippers Hard Money Lender Flipping America Private Lending Program.

FAR 083 Expected Air Date: 11/02/17 Trends: [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! Special Guest Jack Bosch, Orion Investments, Buying Land

FAR 084 Expected Air Date: 11/04/17 Trends: [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: 15 signs you’re addicted to HGTV https://www.cheatsheet.com/culture/15-signs-that-prove-youre-addicted-to-hgtv.html/?a=viewall Rebuilding after Sandy https://www.nytimes.com/2017/10/29/nyregion/hurricane-sandy-5-years-rebuilding.html Where are the Gen Xers moving? https://www.msn.com/en-us/money/realestate/the-states-generation-xers-are-leaving-and-moving-to/ss-AAtigJy?ocid=ob-tw-enus-634#image=1 Big Cities where rents are plunging - and mid-cities where rents are rising. http://www.businessinsider.com/biggest-us-cities-where-rents-are-plunging-2017-11 Cities on the Bubble. https://wolfstreet.com/2017/10/31/the-us-cities-with-the-biggest-housing-bubbles-3/ Zillow case is dismissed. Reaction from experts: https://www.forbes.com/sites/forbesrealestatecouncil/2017/11/02/how-is-the-real-estate-market-reacting-to-zillows-zestimates-lawsuit-dismissal/#318559a617eb Emails: [email protected] Tell us where you’re from! Denise, Macon, GA, “I’m loaning an investor for a flip property from my self-directed IRA. What interest rate should I ask for?” Maxine, Ocala, FL “What’s the difference between a Promissory Note and a Security Deed?” Eduardo, Ft. Worth, TX “Where do I go to find private money lenders?” Warm Leads Cold Leads James, Ooltewah, TN “An investor buddy of mine has approached me with a proposal to provide gap funding for one of his deals. This will help with the down-payment and interest payments and make me a part of the project. What should I ask in return?” Chris, Pittsburgh, PA “You mentioned Equity Split recently and I was wondering what it means exactly. I think it’s a way to fund a deal. Does this mean you split the profits? And if so, what is the percentage?”  

FAR 085 Expected Air Date: 11/09/17 Trends: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Houston home sales are rebounding after Harvey. http://www.chron.com/business/real-estate/article/Houston-real-estate-market-continues-post-Harvey-12341532.php Top Cities for Investors 2018: https://www.chicagobusiness.com/realestate/20171106/CRED02/171109924/chicago-real-estate-market-drops-in-emerging-trends-survey Best and worst performing luxury markets around the world. https://www.mansionglobal.com/articles/79772-guangzhou-rises-to-top-of-global-luxury-real-estate-market Check out the people giving you real estate investing advice. https://www.washingtonpost.com/news/where-we-live/wp/2017/11/06/make-sure-you-check-the-credentials-of-people-giving-you-real-estate-investing-advice/?utm_term=.b1bb5b666a5a How the proposed tax code changes may affect American business. https://seekingalpha.com/article/4120938-stag-moneyball-real-estate-investing The price point where you want to sell homes in 2018: http://www.businessinsider.com/experts-are-missing-the-point-on-americas-housing-affordability-problem-2017-11 An argument for eliminating the tax deductibility of mortgage interest. http://www.weeklystandard.com/tax-reform-must-not-keep-tax-breaks-for-real-estate/article/2010388 Compass is coming to a city near you (maybe). https://techcrunch.com/2017/11/08/real-estate-startup-compass-nabs-100m-at-a-1-8b-valuation/ Topics: Your Realtor Top Ten

FAR 140 Expected Air Date: 04/09/18 Opening Hello everyone. Today I’m going to answer a question that has come to us hundreds of times from dozens of sources and seems like a recurring topic at every event where I speak. And the question is, “How can I start flipping some houses and buying rentals in my spare time while I keep my job.”  Now I know we’ve dealt with this topic before but it’s been awhile and we are adding new listeners all the time and besides, some information is so needed, it’s worth repeating. So in just a few minutes I’m going to deal with this topic and help you understand the big picture of what you need to make this happen. I started in this business while maintaining a demanding full-time job and continued that way for four years. I only switched to real estate investing full time because due to life circumstances that other job had come to an end.   The other question or comment I often get is a variation of this: If you are helping people enter this business aren’t you creating your own competitors and reducing the opportunity for everyone you train? I’m going to answer that question first right after the break. The bottom line is there are more opportunities than there are investors and this isn’t changing anytime soon. To paraphrase a famous quote about planting trees, “the best time to get into this business was 20 years ago. The next best time is today.” How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: http://lenkiefer.com/2017/09/17/housing-vacancy-trends/ https://www.investopedia.com/articles/personal-finance/031616/10-us-cities-most-vacant-homes.asp https://www.forbes.com/sites/forbesrealestatecouncil/2018/04/03/15-booming-real-estate-markets-that-are-trending-in-2018/#2c66f9026f63 Topic: The Competition I believe in free enterprise, capitalism, private property rights, the rule of law, and limited government interference. I realize for a system like this to actually work, the general populace must not only agree about the rule of law but must also find common ground in agreeing about right and wrong. I also believe in Cooperative Capitalism. I do not believe that opportunity is a zero-sum game but rather that wealth can be created. There are those that believe that for anyone to prosper someone else must suffer. For anyone to win, someone else must lose. Games or competitions have one winner and all the rest are not winners. You might even quote a stupid Will Farrell movie by saying “Second Place is actually First Loser.” Although much can be learned in these competitive events, and we should relish competition for a number of reasons, it is possible for life itself to present multiple “winners.” Perhaps if you are keeping score in terms of quantifiable numbers such as “most money” there will be someone who finishes on top. But when it comes to money, once you reach a certain level, there’s almost no point in making more - there aren’t too many more ways you can spend it. My point is this: You don’t have to make the most money in order to be a winner at life. If you make enough to take care of your family, meet your goals, maybe even have some luxuries, some toys, or some extras, you’re a winner. I’m absolutely convinced that it’s possible for me to help you achieve your dreams without taking anything away from me. I can show you how to become effective as a real estate investor and in fact, you may ultimately be better at it than me. Does that take anything away from me? Not at all. One of my stated goals each year is to help people. If I am able to help someone, that goal is met and is self-rewarding. But let’s move away from the philosophical and talk specifics for a moment. Is it possible I could give you the skills that would put me out of business? Let’s go to the numbers. Last year 5 million homes were sold in the US and about 7% of them were flips from investors. That’s roughly 350,000. Is there room for that number to possibly increase? Well -- let’s take a look at the vacant home inventory. The number of vacant homes in the US has held fairly steady in the past five years at between 15 and 18 million. I have a study from lenkiefer.com that looks into the reasons for these vacancies. When I look through the report, it appears that about 46% of all vacant homes are in a situation that would be available to investors. These categories include, “needs repairs” “extended absence” “storage” “foreclosure” “abandoned” or “other”. If you had a way to find these properties and contact the owners, surely some of them are ready to sell. There are 7 or 8 million of these homes nationwide, available to people like me. That’s more than the total number of homes sold last year. Investors accounted for about 350,000 sales across the country last year. Based on the inventory and the current level of investors there’s a 20 plus year supply of properties available RIGHT NOW. And more distressed properties and abandonments are surely on the way. It’s the nature of things. If one investor can do a dozen houses per year and we wanted to sell the current inventory of vacant homes it would take close to 700,000 new investors. ---- I’d say there’s room for a few more, wouldn’t you? Emails: [email protected] Tell us where you’re from! Francine, Madison, WI, “How do you handle multiple offer situations when you are buying? It seems like every time I make an offer, they have multiple offers and want a ‘Highest and Best’ offer, usually within 24 hours.” Michael, Spartanburg, SC, “Do you ever go above your numbers due to the fact that deals are so hard to come by these days? I’d rather make something than have my money sitting on the sideline.” Melissa, Marion, OH, “We want to improve our deal marketing. What advice would you give us?” Peter, Battle Creek, MI “How many offers do I need to make in order to buy one house per month and how much time will that take me?”

FAR 096 Expected Air Date: 12/11/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: The Hottest and Coldest markets?? http://www.builderonline.com/money/profits/the-hottest-and-coldest-markets-for-real-estate-investment_o https://economictimes.indiatimes.com/wealth/real-estate/10-rules-of-commercial-real-estate-investing/articleshow/61995537.cms https://www.inman.com/2017/12/07/5-factors-influencing-new-york-citys-real-estate-market/ https://qz.com/1151221/offshore-shell-companies-own-86000-british-properties-and-the-government-hasnt-published-a-register/ https://www.forbes.com/sites/forbesrealestatecouncil/2017/12/08/notable-real-estate-trends-to-watch-for-in-2018/#3ae586b61344 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: [email protected] Tell us where you’re from! Tonia, Birmingham, AL “What does the one year right of redemption mean with foreclosures here?” Katie, Minneapolis, MN, “Do you shut down your sales in December? It seems a bit cold here for selling houses this time of year.” Darrel, Austin, TX, “Next year I want to scale up my business from 6 to 15 flips. What suggestions would you have for me?” Hire out the lowest level stuff first. Eventually hire out everything except for the stuff only you can do. Focus! Deal Flow Cash Flow Hire the best people with the best skill set. Hold out for the best. Leave the details to your good team, but never lose focus. Andre, Portland, OR “I’m buying rental properties in the midwest. I hired the first property management company I spoke with and am not satisfied. How do you go about hiring remote management. My properties are all in Kansas City and St. Louis.” Alvin, Merced, CA “I have converted my 401K from my previous employer to a self-directed Roth IRA. Now I am looking to invest in someone’s deal. Should I invest in someone flipping or in a long-term buy and hold?” Douglas, Mt. Vernon, IL, “There isn’t much happening in my town in terms of real estate investing. In fact, I don’t know of anyone who does this as an actual job. What would you advise someone like me - interested but unsure of the possibilities?” Look in the legal ads in the paper. Find out the Illinois foreclosure rules. Get down to the courthouse and see who is bidding and what they are bidding on. Make friends. Get a mentor. Talk to local realtors. David, Atlanta, GA “I want to invest passively and I wonder if I can just put up money for you and your team to do some deals?”

FAR 095 Expected Air Date: 12/07/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: https://www.nytimes.com/2017/12/06/us/california-fires.html A non-profit trains teens as RE investors. https://www.memphisdailynews.com/news/2017/nov/28/destined-for-greatness/ Show we worry? https://seekingalpha.com/article/4129319-growing-interest-secondary-markets-warning-sign-real-estate http://khon2.com/2017/12/05/oahus-real-estate-market-continues-to-sizzle/ https://www.curbed.com/2017/12/6/16743058/crowdfunding-real-estate-efund https://www.builtinchicago.org/2017/12/05/blockchain-cfx-markets-makes-real-estate-investments-more-buying-stock https://thinkrealty.com/corporate-housing-monetizing-30-day-stay/?utm_source=ThinkRealty&utm_medium=Newsletter&utm_campaign=IntroMembers&utm_term=Strategy&utm_content=CorpHousing&j=479201&sfmc_sub=125389524&l=16997_HTML&u=13846507&mid=7230230&jb=0 https://thinkrealty.com/facebook-real-estate-rental-listings/?utm_source=ThinkRealty&utm_medium=Newsletter&utm_campaign=IntroMembers&utm_term=Market&utm_content=FacebookRental&j=479201&sfmc_sub=125389524&l=16997_HTML&u=13846510&mid=7230230&jb=0 https://thinkrealty.com/5-key-wealth-building-principles-reis/?utm_source=ThinkRealty&utm_medium=Newsletter&utm_campaign=IntroMembers&utm_term=DoingBusiness&utm_content=5WealthBuild&j=479201&sfmc_sub=125389524&l=16997_HTML&u=13846513&mid=7230230&jb=0 Special Guest Glen Glasper

FAR 094 Expected Air Date: 12/04/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Inventory is key in housing market. This article is a fine macro-economic approach to interpreting the current real estate market. In short, all of the RE asset classes EXCEPT single family homes have peaked and their rate of increase has leveled off. The SFR market is up and all signs point to it continuing that way for awhile. The SFR market seems to be the last to be affected by other market conditions. The author acknowledges that while the peak is not in sight currently, it has to turn around eventually as prices are going beyond the ability of consumers to buy. The article is well-researched and full of helpful charts and graphs. https://seekingalpha.com/article/4128209-inventory-key-housing-market The 20 most profitable housing markets this year. Although no hold time criteria is provided, it sounds like these are owner occupants, not investors. Still, it supports the general upward trend. http://blog.credit.com/2017/04/the-20-most-profitable-housing-markets-this-year-171991/ The 20 areas with the most flipped homes (by volume). http://blog.credit.com/2017/09/20-metro-areas-with-the-most-flipped-homes-179126/ The 25 hottest markets (in terms of vacancy). This implies rental, but the article doesn’t clarify. http://blog.credit.com/2017/11/25-metro-areas-with-the-hottest-housing-markets-179816/#comments Interest in secondary markets a bad thing? https://seekingalpha.com/article/4129319-growing-interest-secondary-markets-warning-sign-real-estate The best set of house flipping stats I’ve seen yet. Loaded with information. (spend some time going through this one) https://www.attomdata.com/news/home-flipping/q2-2017-u-s-home-flipping-report/ Emails: [email protected] Tell us where you’re from! Sandra, Baltimore, MD, “I went to a seminar last weekend on rental properties where they are going to do everything for me. They have houses rented out that they will sell me. They offer financing on the houses. They showed me a sheet that had the payment, including taxes and insurance and the rent payment was $244 more than the house payment. There were several properties and they were all pretty similar. I have to come up with about $30,000 for each house I buy and I’m thinking about buying 10 of them. The only thing that concerns me is the interest rate. It’s 12%, which seems a little high. If it were lower I know I could make even more money, but they will only sell me the house if I use their financing. What are your thoughts on this?” The business model is fine. These numbers are a ripoff. Justin, Indianapolis, IN “I’ve got a great job I love so I don’t want to flip houses, but I’ve saved enough money for a down payment on a rental property. I’m single, so I have time to manage this myself. What should I be looking for?” Warren, Rochester NY, “How do I find good tenants for my rental? I’m closing in two weeks and want to start looking for a tenant now. And do I need to hire a management company for just one house? It’s not far from my home so I’m thinking I can manage it myself but I want to do it right.” LPA Baserent Naomi, Jackson, MS, “I have a delinquent tenant and am trying to figure out the process for getting them out of my house. I have one friend who says one thing and another friend who says another. Both of them used to be renters and saw people get evicted. I need to do this, but I don’t want to do it wrong. Please help.” Darrel, Austin, TX, “What are some of the technology solutions you have or are using in your investment business?”

FAR 093 Expected Air Date: 11/30/17 Anouncements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! Special Guest Tony Lukashevich

FAR 092 Expected Air Date: 11/27/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Out of this World Real Estate! https://www.nytimes.com/2017/11/26/science/moon-express-outer-space-treaty.html Historical motivations in real estate acquisition Comes with people (i.e. servants) Agricultural products Water Mineral rights Aesthetic (the view, etc.) Market is cooling in Sweden. Lessons for the US? https://qz.com/1137615/swedens-cooling-housing-market-is-a-preview-for-others-with-low-rates-and-property-bubbles/ The world’s largest sovereign fund is NOT backing away from Real Estate. https://www.bloomberg.com/news/articles/2017-11-24/a-1-trillion-wealth-fund-notes-red-flag-in-real-estate-market Hong Kong is hopping: https://www.bloomberg.com/news/articles/2017-11-26/world-s-priciest-housing-market-seen-defying-doomsayers-into-18 Seattle is booming. Can it last? http://kuow.org/post/seattle-tops-real-estate-market-price-increases Blockchain Technology and Real Estate: https://www.forbes.com/sites/forbesrealestatecouncil/2017/11/20/five-ways-blockchain-can-impact-the-real-estate-market-for-the-better/#4048f2ea7b77 Emails: [email protected] Tell us where you’re from! Ryan, McDonough, GA “What price range should I be looking for my first flip property?” Kenyata, Waukesha, WI “I’m struggling with how to calculate the costs of a rehab and I can’t get contractors to come out to bid the work. How am I supposed to get three bids when I can’t even get one contractor to come out?” Francine, Denver, CO, “If I’m just starting out, how much time is reasonable to put into this each week? I have a full-time job and two grade school children. I’m trying to figure out if I can fit this into my schedule.” Albert, Aurora, CO, “Do you do any Holiday decorations on houses you are trying to sell at this time of year?”

FAR 091 Expected Air Date: 11/27/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Market is cooling in Sweden. Lessons for the US? https://qz.com/1137615/swedens-cooling-housing-market-is-a-preview-for-others-with-low-rates-and-property-bubbles/ The world’s largest sovereign fund is NOT backing away from Real Estate. https://www.bloomberg.com/news/articles/2017-11-24/a-1-trillion-wealth-fund-notes-red-flag-in-real-estate-market Hong Kong is hopping: https://www.bloomberg.com/news/articles/2017-11-26/world-s-priciest-housing-market-seen-defying-doomsayers-into-18 Seattle is booming. Can it last? http://kuow.org/post/seattle-tops-real-estate-market-price-increases Special Guest LizTara Lowinski BaseRent Emails: [email protected] Tell us where you’re from! Ryan, McDonough, GA “What price range should I be looking for my first flip property?” Kenyata, Waukesha, WI “I’m struggling with how to calculate the costs of a rehab and I can’t get contractors to come out to bid the work. How am I supposed to get three bids when I can’t even get one contractor to come out?” Francine, Denver, CO, “If I’m just starting out, how much time is reasonable to put into this each week? I have a full-time job and two grade school children. I’m trying to figure out if I can fit this into my schedule.”

FAR 090 Expected Air Date: 11/18/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: The Big NOT YET news. Tax Reform. https://www.dallasnews.com/business/real-estate/2017/11/20/dallas-property-execs-keeping-wary-eye-federal-tax-code-rewrite https://www.inman.com/2017/11/17/zillows-6-predictions-for-the-2018-housing-market/ Special Guest Daniel and Crystal Mewhorter Emails: [email protected] Tell us where you’re from! Keith, Princeton, WV. “I’m about to buy my first two rental houses. One of them is vacant. What are some things I should do as winter approaches?” Bob, Forsyth, GA “I’m looking at a possible deal here in central Georgia, but it seems unwise to buy as we go into the holiday season. I would be trying to sell it in January. Would you pass or buy?” Karen,  Naples, FL, “We are picking up homes that have been damaged by Irma. The former owners are moving on somewhere else. We have more than we can possible get to and need to sell some to other investors. Can you help us?”

FAR 089 Expected Air Date: 11/18/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Tech Trends in RE for 2018 https://www.forbes.com/sites/forbesrealestatecouncil/2017/11/16/what-to-expect-from-real-estate-tech-in-2018/#10982c9b46aa If you ever thought you wanted to be a builder… now is the time. http://www.businesswire.com/news/home/20171116005440/en/Real-Estate-Market-Supply-Falls-25-Straight An example of a dumb article and a desperate need to publish. https://www.realtor.com/news/trends/is-it-ok-to-real-estate-stalk/ Seattle to stay on top? https://www.forbes.com/sites/forbesrealestatecouncil/2017/11/14/why-seattle-real-estate-will-maintain-its-hot-streak/#7268f9de7422 Special Guest Gary Harper, Sharper Business Solutions

FAR 088 Expected Air Date: 11/16/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Here’s a Stock Tip - Buy Homebuilder stocks! https://www.forbes.com/sites/investor/2017/11/12/will-tax-bill-produce-a-real-estate-debacle-or-is-a-boom-ahead/#667d0c2234c2 Is there a crash ahead? https://www.realtor.com/news/trends/10-years-recession-boom-times-back-real-estate/ Special Guest Tom Olson, The Olson Group and Good Success Emails: [email protected] Tell us where you’re from! Melissa from Dallas, TX, “When are you bringing your training to Dallas?” Penny from Lansing, MI, “What would I need to do to get you to come train some people in Lansing MI?” Patty from Milwaukee, WI, “I have a friend who is a realtor. Could I just approach her about working for me as an investor?”

FAR 087 Expected Air Date: 11/13/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Alibaba sets a one-day record. $25B in sales. 11/11 “holiday” https://www.bloomberg.com/news/articles/2017-11-12/alibaba-singles-day-goes-global-with-record-25-billion-in-sales Bitcoin has a two day slump. https://www.bloomberg.com/news/articles/2017-11-13/bitcoin-plunges-29-from-record-high-as-civil-war-intensifies Renting is the new wave of single family residential occupancy. https://www.usatoday.com/story/money/personalfinance/real-estate/2017/11/11/renting-homes-overtaking-housing-market-heres-why/845474001/ Disenchantment with the traditional “American dream” of home ownership Millenial mobility Student loan debt, down-payments tough to save for Shortages of inventory to buy The rise of million dollar zip codes! http://www.businessinsider.com/million-dollar-zip-codes-2017-9 Five thoughts about RE investing from a financial planner. http://www.businessinsider.com/financial-planner-what-to-know-before-investing-in-real-estate-2017-11 The 20 best RE investing markets in the US (We did this story back in the summer, but it bears repeating now) http://www.businessinsider.com/best-us-housing-markets-real-estate-investment-2017-7/#63043-maryland-heights-missouri-4 Good Schools (above the 70th percentile) Long term returns on rentals Minimal risk (lower up-front costs) Topics: Where to find the deals. Look at a TON Offer on a Half-Ton Buy a few pounds

FAR 086 Expected Air Date: 11/11/17 Announcements: NEW NEW! Call in to our comments line! 404-369-1018, extension 1. Leave your message.   [email protected] Tell us where you’re from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for “Tuesdays at Two” Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT’S A $97 VALUE! News: Happy Veterans Day Living quarters Office Space 7 Things potential buyers do NOT want to see in a house Motivational Thoughts for the day 10X by Grant Cardone Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from! Debra, Calhoun, GA “How do I find the right realtor for my investment business?” Ross, Burlington, NC “I know I need a realtor but I’m not sure what to ask him or her when we meet to talk. Do you have a few questions or topics you can recommend?” Alvin, Jackson, MS, “What do I look for in a realtor?” Elsie, Long Beach CA, “I’m a realtor. Every time the real estate gurus come through town my office is beseiged with calls from new investors, all reading from the same script. They tell me they plan to buy 20 houses a year and so on and so forth. We have heard all of this before. They want us to spend time searching through the MLS to bring them deals. But we know they have no experience, usually no money, and it is rare that any of them will buy anything. They waste our time so we usually don’t call them back. The next thing you know they are saying bad things about us on social media. Please make it stop. We are professionals and take our business seriously. We don’t have time to put up with investor wannabes. We will work with seasoned investors of course and we love them, but need any advice you can give about responding to the new people.” David, Pittsburgh, PA “I’m a new realtor with (agency deleted), I want to work with investors and perhaps do some investing of my own. Where do I find serious investors? A lot of people at the local REIA are just dreamers and most of them will never do a deal.”

FAR 136 Expected Air Date: 03/29/18 Opening Today we are going to talk about growing wealthy. It may surprise you that we don’t talk about it that much on this show. That’s because there is more to life than wealth. Wealth is no guarantee of joy and true satisfaction. Although if you’re going to be miserable, it might as well be on your own yacht as opposed to a borrowed canoe. Our guest Paul Rosanno teaches people how to be financially happy, which is different from merely being wealthy. He also is going to begin to lay out a path to financial happiness for us through his organization, FYNANC. Paul is the Director of Business Development for the company and spends his time traveling the country teaching not just financial literacy, but investing literacy. If you’ve seen my video on buying rental properties you know the basic buying formulas I use, but I don’t even touch on the subject of using leverage or debt for these properties. Why? Because I can’t get that information into a brief video. In order to use leverage correctly, you have to consider several data points and risk factors. That doesn’t fit into a short video.   So when some guru tells you that you can buy a home in just about any neighborhood, borrow 80% of the purchase price and it will cash-flow, he is either ignorant or just trying to sell you something. There are several components to competent borrowing and it’s just sophisticated enough that for many people it’s better not to borrow at all. However if you understand the principles Paul can teach you, you can minimize your risk, maximize your return, and invest confidently knowing you have covered the possible downside. This is they way to steadily create wealth, financial freedom, and as he calls it, financial happiness. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: https://www.washingtoncitypaper.com/news/housing-complex/article/20998209/families-get-the-worst-shake-in-dc-real-estate-market https://www.washingtoncitypaper.com/news/housing-complex/article/20998209/families-get-the-worst-shake-in-dc-real-estate-market http://www.southbmore.com/2018/03/26/a-look-at-south-baltimore-real-estate-market-stats-3/ https://therealdeal.com/2018/03/27/the-long-view-google-jpmorgan-and-the-new-age-of-super-rich-corporate-real-estate-buyers/ https://therealdeal.com/la/2018/03/27/chinese-investment-in-us-real-estate-fell-55-in-2017/ http://www.nuwireinvestor.com/best-markets-texas-real-estate-investment-2018/ http://thetimes-tribune.com/news/business/hands-off-investing-in-real-estate-1.2317747 https://www.housingwire.com/articles/42834-flat-fee-real-estate-agency-purplebricks-secures-177-million-investment-to-fund-us-growth https://www.forbes.com/sites/forbesrealestatecouncil/2018/03/27/the-advantages-of-investing-in-real-estate-for-big-tax-savings-in-2018/#46841f544b95 https://techcrunch.com/2018/03/22/skyline-ai-raises-3m-from-sequoia-capital-to-help-real-estate-investors-make-better-decisions/ https://www.usnews.com/higher-education/online-education/articles/2018-03-19/7-ways-you-can-study-real-estate-online https://www.forbes.com/sites/erincarlyle/2013/09/18/how-self-made-forbes-400-billionaires-earned-their-money/#54d6124831ae http://financialuproar.com/2015/04/24/do-90-of-millionaires-come-from-real-estate/

News: https://www.architecturaldigest.com/story/real-estate-markets-us-to-watch-2018 https://www.usatoday.com/story/money/2017/12/12/real-estate-market-exclusive-here-top-cities-buy-and-sell-homes/936581001/ https://www.usatoday.com/story/money/2017/10/23/heres-why-house-hunting-so-frustrating-right-now/786034001/ https://www.usatoday.com/story/news/2017/10/20/50-worst-american-cities-live/784413001/ http://www.thedenverchannel.com/lifestyle/real-estate/report-denver-is-14th-most-unaffordable-real-estate-market-in-us-18th-in-north-america Worldwide affordability rankings. The median multiple you divide the median home price by the median salary. 3 is the dividing point. Above that unaffordable. Below, affordable. http://www.demographia.com/dhi.pdf 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: [email protected] Tell us where you’re from! Alvin, Merced, CA “I have converted my 401K from my previous employer to a self-directed Roth IRA. Now I am looking to invest in someone’s deal. Should I invest in someone flipping or in a long-term buy and hold?” Douglas, Mt. Vernon, IL, “There isn’t much happening in my town in terms of real estate investing. In fact, I don’t know of anyone who does this as an actual job. What would you advise someone like me - interested but unsure of the possibilities?” Look in the legal ads in the paper. Find out the Illinois foreclosure rules. Get down to the courthouse and see who is bidding and what they are bidding on. Make friends. Get a mentor. Talk to local realtors. David, Atlanta, GA “I want to invest passively and I wonder if I can just put up money for you and your team to do some deals?” Ellen, Wakesha, WI, “I think my biggest obstacle to actually buying my first investment property is fear. Can you help me overcome it?” The unknown Self-confidence Risk management Bring in a mentor / experienced partner Topics: Worldwide Affordability Index

FAR 135 Expected Air Date: 03/26/18 Opening David Kraus has bought over 40 properties for no money down and no credit check. He has accomplished this by using a combination of Land Trust, Wraparound Mortgages, Lease Options and Contract for Deeds. The favorite tool in his arsenal are land trust and his story on how he started using land trust is one to hear. With an investor, David went out and found a very discounted deal in Joliet, Illinois. It was a two unit in need of cosmetic repairs for only $28,000. Once the property was closed it only took 10 days to do the entire rehab. An appraiser then went out and it appraised for $75,000. Running an ad in the paper, a nice couple wanted to purchase the property and put in a contract for $71,000. The bank they were using gathered all the paperwork and the banks appraiser appraised the property for $71,000, the agreed upon asking price. Then the deal started to self destruct. When the lender pulled title and saw the property originally sold less than a month before for only $28,000, they said it was a scam. After presenting the bank with all the paperwork from the rehab, the bank still wouldn't make the loan. Instead they said they wanted the property to season for a year before they would make a loan. So while David and the investor were stuck holding the property, David went out and sought ways to avoid this problem in the future. When he came across land trust it seemed like it could be used to solve the problem but unfortantly there was little information available. So he did the next best thing and took the Vice President of Northern Trust to lunch and picked her brain. The result of lunch and a few more phone calls; the land trust flip was created. Not only could he flip the property but over time David developed ways to eliminate down payments, flip deals without owning them and acquire properties with no money out of his pocket. He is now expanding his investment business by implementing national marketing for both discounted properties and investors using the same techniques he has used for years. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com Motivational Thoughts for the day “What you lack in talent can be made up with desire, hustle and giving 110% all the time.” – Don Zimmer. Emails: [email protected] Tell us where you’re from! Faith from Omaha, NE “Can you explain a mortgage wrap and when I would use it? I’m a new investor and excited to get started.” Sandy from McDonough, GA “Would you rather buy one flip where you could make $30,000 or two rentals where you could make $800 per month together?” Kimberly, West Miffin, PA “We have a rental house that will come vacant at the end of March. We are thinking of selling it. Should we wait to list it in June or go ahead and list it? We are thinking in might sell for more during the peak buying season.” Frieda, Ocala, FL, “Thanks for the show about mobile home parks. We live in one and love it. We retired to Florida to enjoy doing things with our friends, not take care of a house and yard. This is perfect for us and for everyone in our community. We are saddened to hear that cities and towns are no longer allowing new mobile home communities. Given the need for affordable housing in our nation right now, you’d think that lawmakers would be open to a wider range of possibilities. Stanley and I were able to sell our home, buy our current place with cash, invest the difference safely and lead comfortable lives doing what we want to do. I hope you’ll share this letter with your listeners and encourage leaders to allow more new mobile home communities across the country.” Jason, Harrisburg, PA, “is there one best source for deal flow? If there is, what is it?”

FAR 134 Expected Air Date: 03/24/18 Opening Good morning everyone. My father always used to say, “invest in dirt -- they are not making any more of it.” True wisdom. Today we are going to feature a real estate asset class where, if you can find it, you can make a 12-15% return on your money. The challenge is this - they aren’t making any more of them. What am I talking about? Mobile Home Parks. Mobile home parks have always gotten a bad rap, but the truth is, these parks provide low cost living environments for working class people, usually have a lower than normal crime rate compared to the immediately surrounding area, and offer an inexpensive way for anyone to put a roof over their head. Mobile home parks are often the butt of jokes and objects of scorn or derision from the more well-to-do. And the people getting elected to local offices more often than not come from the more well-to-do classes. Because of this, mobile home parks are being regulated and/or zoned right out of existence.   My guest today is Jefferson Lilly, one of the founders of Park Street Partners and operator of mobilehomeparkinvestors.com. Jefferson will join us in a few moments and we will talk mobile home park investing. As a bonus today, after the show airs we are posting a dozen resource links around the internet for you to do some more reading on this subject. In addition to being a successful investor himself, Jefferson provides an opportunity for you to invest in his success and enjoy solid returns on a passive investment. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: https://www.curbed.com/2017/11/10/16633964/mobile-home-parks-represent-changing-face-of-affordable-housing-challenge https://www.mobilehomeuniversity.com/articles/why-you-dont-want-to-build-a-mobile-home-park.php https://www.curbed.com/2017/9/13/16275948/mobile-manufactured-homes-clayton-trailers http://time.com/4710619/the-home-of-the-future/ https://www.forbes.com/sites/brandonturner/2017/07/11/7-powerful-benefits-to-mobile-home-park-investing/#1fa74b0a6e92 https://www.citylab.com/equity/2017/10/why-mobile-homes-hamper-the-american-dream/543906/ https://www.bankrate.com/finance/real-estate/downsizing-to-mobile-home-beware-the-pitfalls.aspx https://www.mobilehomeparkstore.com/mobile-home-parks-for-sale http://www.loopnet.com/mobile-home-and-rv-parks-for-sale/ https://www.biggerpockets.com/forums/30/topics/303868-where-do-you-find-mobile-home-parks-for-sale https://www.mobilehomeuniversity.com/articles/top-five-ways-to-find-a-mobile-home-park-to-buy.php Special Guest Jefferson Lilly Motivational Thoughts for the day “The dream is free. The hustle is sold separately.” – Unknown

FAR 133 Expected Air Date: 03/22/18 Opening Have you ever been on a job site and realized that you were short in some of your supplies? Perhaps you need another eight bags of quick-crete. Or the light fixtures weren’t included because someone forgot to order them? Trips back to the lumberyard or big box store are inevitable (in my case, MULTIPLE trips). So now you have some really expensive skilled laborers heading over to the store, losing 2-3 hours of productivity in the process, and throwing your schedule off place. Today’s guest is working on a solution to this problem. The company is TommyRun. They are like Uber Eats for contractors. Instead of delivering food, they deliver needed lumber and building materials - right to the job site. I think this is going to really help the process out. Our guest today, Jarr Strydom, is one of the founders of the company. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com News: https://www.digitaltrends.com/home/million-dollar-listing-features/ https://www.forbes.com/sites/forbesrealestatecouncil/2018/03/15/why-real-estate-investors-should-borrow-the-checklist-strategy-from-doctors-and-pilots/#61cc80f4516b https://michiganavemag.com/real-estate-experts-weigh-in-on-the-latest-trends https://www.forbes.com/sites/ellenparis/2018/03/21/how-to-win-a-real-estate-bidding-war-advice-from-the-pros/#34007fe35463 https://www.forbes.com/sites/forbesrealestatecouncil/2018/03/20/real-estate-pros-share-their-favorite-resource-for-market-trends/2/#678c6ee87a2c https://www.forbes.com/sites/jrose/2018/03/21/5-savvy-ways-to-invest/2/#a9f4b4474ec3 Special Guest Jarr Strydom, TommyRun Emails: [email protected] Tell us where you’re from! Robert, Des Moine IA, “I’m new and diving in. Can you give me some ideas on where to find deals?”

FAR 132 Expected Air Date: 03/19/18 Opening Hello everyone. I am Roger Blankenship and I teach people how to make money in Real Estate. We bring you news, trends, markets, and we feature people who are getting it done in this industry. Today I have two guests for you, Jeff Schecter and Jack Gibson own a company called High Return Real Estate. They buy off market homes, remodel them and put them into service as rentals. They then sell them to outside investors as a turn-key product. I’ve seen this model before, but I’ve not seen it done this well with this type of return. I’m excited to introduce these two guys to you. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: My upcoming speaking engagements: April 5, Chattanooga REIA April 7, FlipStarter, Chattanooga April 9, Savannah REIA April 14, FlipStarter Savannah April 21, FlipStarter Atlanta Details on the website and at FlipStarterEvent.com Special Guests Jeff Schecter and Jack Gibson, High Return Real Estate Motivational Thoughts for the day The answer to every un-asked question is the same. You never bought the house you didn’t offer on.