Flipping America

Latest Episodes:

Flipping America 480, No Money Down Jul 29, 2021

Show notes

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 questions@flippingamerica.net. Please always tell us where you are from. We 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.

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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

Flipping America 477, Fund Your Deal Jul 05, 2021

Show notes

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.

Sponsors

American IRA: www.americanIRA.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

Flipping America 476 Bank on Yourself Jul 03, 2021

Show notes

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.

Sponsors

American IRA: www.americanIRA.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

Flipping America 474 Investing Through a Self-Directed Retirement Account May 20, 2021

Show notes

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.

Sponsors

American IRA: www.americanIRA.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

Flipping America 473, Single Family Rentals with Kim Kesterke May 17, 2021

Show notes

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.

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

Flipping America 472 Wholesaling 101 with Brandon Barnes May 15, 2021

Show notes

"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.

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:

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:

Flipping America 471, House Flipping in 2021 May 13, 2021

Show notes

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.

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

Flipping America 470, The Best Investment on Earth May 10, 2021

Show notes

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.

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

Flipping America 469, "House Flipping in 2021" with Bruce Glen May 08, 2021

Show notes

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

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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

Flipping America 468, Blissful Cash flow with Moneeka Sawyer Apr 24, 2021

Show notes

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.

Sponsors

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Landlord Coach

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

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