Flipping America

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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