Flipping America

Latest Episodes:

Flipping America 436, A New Way to Home Nov 24, 2020

Show notes

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 questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don't mind.

Sponsors

American IRA: www.americanIRA.com

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

Flipping America 435, The Greatest Investment on Earth, pt 2 Nov 23, 2020

Show notes

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.

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

Flipping America 434, The Greatest Investment on Earth, Part 1 Nov 21, 2020

Show notes

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.

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

Flipping America 433, Lead Automation Nov 20, 2020

Show notes

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.

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

Flipping America 432, Election Investing Nov 16, 2020

Show notes

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.

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

Flipping America 431, Invest for Life Pt 2 Nov 14, 2020

Show notes

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.

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

Flipping America 430, Invest for Life, Pt 1 Nov 12, 2020

Show notes

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.

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

Flipping America 429 Get Privy Nov 03, 2020

Show notes

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.

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

Flipping America 428, Tenant Nightmares Oct 31, 2020

Show notes

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.

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

Flipping America 427, Raising Private Capital Oct 30, 2020

Show notes

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.

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

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