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    Business

    Flipping America

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

    Advertise

    Copyright: © Flipping America LLC 2017

    • Apple Podcasts
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    Latest Episodes:
    Flipping America 467, The VIP Method Apr 22, 2021
    Show notes

    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 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 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

    Flipping America 466, Creative Exit Strategies Apr 08, 2021
    Show notes

    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 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 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

    Flipping America 465, REI Tech, Don DeRosa Apr 05, 2021
    Show notes

    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 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 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

    Flipping America 464, Get Your Head In the Game Apr 03, 2021
    Show notes

    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 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 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

    Flipping America 463, Asset Protection and Estate Planning Apr 01, 2021
    Show notes

    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 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 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

    Flipping America 462, Storage Nerds Mar 29, 2021
    Show notes

    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 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 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

    Flipping America 461, Multi-Family Mastery Mar 27, 2021
    Show notes

    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 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 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

    Flipping America 460, Get Hard Money Mar 25, 2021
    Show notes

    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 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 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

    Flipping America 459, REI By the Numbers Mar 22, 2021
    Show notes

    "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 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 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

    Flipping America 458, The Happiness Dividend Mar 20, 2021
    Show notes

    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 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.

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    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.

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