Podcasts about flipping america network

Have you ever thought of house flipping as your next investment strategy in real estate? If so, you must listen to this episode with a flipping expert, Roger Blankenship!Roger joins us this week to delve into his recommendations for finding, acquiring, and financing deals, flipping properties more profitable and efficiently, his insights on today's real estate and housing market, and his expertise as an educator in the business! Key Points & Relevant TopicsHow Roger acquires and finances rental propertiesRoger's journey to the educational side of the business Roger's secrets to buying properties and flipping houses more efficientFinding profitable properties for flipping The difference of finding deals in today's real estate marketRoger's advice and recommendations for acquiring and funding dealsInsights on recession, housing market, and the future of real estate Resources & LinksGo to https://flippingamerica.net/deal-funding/ if you want help with funding your dealsCourse: Real Estate Investing Quick StartFree Strategy Call with Roger: https://calendly.com/rogerblankenship/strategy Be part of Roger's community of like-minded investors by visiting https://flippingamerica.net/flipping-america-network/ Visit https://www.vistaprint.com/ for your business cardApartment Syndication Due Diligence Checklist for Passive InvestorAbout Roger BlankenshipRoger Blankenship is the “Flipping America Guy.” He's host of the nationally syndicated real estate show, “Flipping America,” heard coast to coast every week with over a million listeners per month. He's a best-selling author, educator, motivational and inspirational speaker, and business leader. His latest book, “Flipping Houses in Ten Days” was certified an international number one bestseller just four days after launch.  In 2007 Roger founded Whitestone Investments, Inc., a real estate investment company in Atlanta, Georgia. Whitestone specializes in the purchase and resale of single-family residences. Since 2002 Roger and his team have purchased and sold more than 2000 properties across the United States with a value of more than $300 million. Roger is in demand as a speaker and small business consultant. He has led seminars with groups as large as 5000, has guest-lectured at the University of Oslo, briefly served as a College Professor, spoken to thousands of US soldiers across the United States and in five trips to Korea, taught basic Bible stories to public school teachers in Siberia, helped build an orphanage in South Africa and homes for the homeless in Guatemala.  From 2020 to 2023 Roger built a national real estate investment club with more than 18,000 members in 40 chapters nationwide. In 2023 he and his team combined the investors club, online training, and trading platform and rebranded as the Flipping America Network.Get in Touch with RogerWebsite: https://flippingamerica.net/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Roger Blankenship  is host of the real estate podcast, “Flipping America,” and is often called the “Flipping America Guy.” The Flipping America show has been ranked in the top ten business podcasts in multiple surveys and REIkit has judged it the top real estate investing podcast in each of the past two years.  Roger is an international bestselling author, educator, motivational and inspirational speaker, and business leader. He has personally fixed and flipped more than 2000 houses and has been a part of hundreds more real estate transactions. In 2020 he founded the Flipping America REIA which grew to more than 40 local chapters across the country with over 20,000 members. In 2024, he combined the REIA with a trading and technology platform rebranded as the Flipping America Network. Members easily access online training and coaching and have access to an investment property trading platform. Learn more at flippingamerica.net. Roger has undergraduate degrees in Theology and Speech and graduate degrees in Education and Psychology. (He also minored in music!) It's almost like he couldn't decide what he wanted to be when he grew up. He will tell you this is true. He will also tell you that although he uses some of the things he learned in college, the true value of that education was in learning how to think. That skill is the key to learning business and real estate. Connect with Roger:www.flippingamerica.netTakeawaysReal estate investing can be a viable career path for those with a willingness to learn and take action.Finding deals requires talking to a lot of people and being open to creative strategies.Mindset plays a crucial role in overcoming obstacles and achieving success in real estate.Building a network and learning from experienced investors can accelerate growth and provide valuable insights.Taking the first step and getting involved in a deal is more important than waiting for the perfect conditions.Chapters00:00Introduction and Background01:30Getting Started in Real Estate05:08First Real Estate Deals08:28Transition to Rental Properties09:30Current Real Estate Work11:03Creative Real Estate Deals14:40Flipping America Network19:31Authoring Real Estate Books22:56Factors Holding People Back from Real Estate27:04Mindset and Taking Action34:23Best and Worst Real Estate Deals37:55Tips for Finding Deals40:17Recommended Resources40:45Conclusion and Contact InformationSupport the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

This is the story of Roger Blankenship an experienced and highly successful house flipper turned educator, we take you on a  journey through the world of real estate entrepreneurship. Roger shares invaluable insights, proven strategies, and real-life stories of triumphs and challenges from his own remarkable career. With a passion for teaching and a knack for breaking down complex concepts into actionable steps, he empowers aspiring house flippers with the knowledge and tools they need to succeed. Whether you're a novice investor looking to dip your toes into the world of house flipping or an experienced pro seeking fresh perspectives and advanced techniques, this episode is a go-to resource. We discover how to avoid common pitfalls and learn from Roger's own failures and triumphs, gaining a competitive edge in the dynamic world of house flipping. Awareness Plug / Links and Resources: Flipping America Podcast with Roger Blankenship https://podcasts.apple.com/us/podcast/flipping-america/id1449888255 Personal LinkedIn https://www.linkedin.com/in/rogerblankenship I made some ribs recently and I get asked this all the time for my rib recipe, so I figured I would go ahead and share it here.  Basically, all I do is smear. Yellow mustard all over the ribs. You tried to trim up the ribs, ribs a little bit. You know, think of the ribs as needing to be aerodynamic so that the smoke flows over those ribs. So trim them up a little bit. And then yellow mustard. And then I do a mixture of, uh, two parts, pepper. Uh, it's a black crushed pepper, and I, I crush up my own, uh, fresh pepper. Uh, and then the third part is salt. Uh, you. Push, uh, uh, sprinkle that all over the top, give it a good coating, and then go ahead and place that on the smoker. Uh, and then once an hour, I will spray it with apple cider vinegar. And then, um, about three hours. So, so every, every hour you're spraying these things. And then in about three hours or so, go ahead and wrap them in foil. When you wrap them in foil. Um, take your favorite barbecue sauce and dilute it with. Apple cider vinegar and then spray that on top. And what ends up happening is that bubbles and creates this great, wonderful. Uh, um, you know, juice inside of the foil. So you hook that for maybe about another two hours or so on the grill, on the smoker. Uh, and what I like to do is I like to smoke them with hickory wood, so that's pretty well about it. These ribs are gonna be fall off the bone tender. Uh, so, so good. They create a great juice, a great, uh, a great sauce right inside of there. Uh, you don't even need barbecue sauce with them. Hope you enjoy.  On invest in square feet, we unlock the secrets of wealthy entrepreneurship. I'm Matt Shields and my mission is to help business owners just like you, protect your wealth so that you can invest passively into multi-family real estate. Today we're going to be talking to Roger Blankenship, who has a long history of real estate investment. Roger also hosts a very, very popular podcast called Flipping America on Flipping Real Estate. The one thing that I learned from this episode that I think is really interesting is Rogers. Thoughts on entrepreneurial success and what it takes to be able to get there. So we are gonna get right into things and start learning from Roger.  I. Did pretty well as an investor for many years. And, uh, then I know this, you're gonna find this hard to believe. I got cocky and I, uh, felt I was feeling bulletproof. Everything we had done had worked out well, and so I decided, uh, I either gotta decided to retire or go large and we decided to go large and I went out and got a big line of credit and I started buying properties all over the southeast. Long story short, bad hiring decisions and uh, mainly it was just bad hiring decisions. We followed a thoughtful process that I got from my coach, but uh, that business imploded and we lost everything 2014, not in the crash, years after the crash, we made all of our money during the crash years. And then while I was trying to pick up the pieces and start all over again and rebuild confidence and so forth and try, try to figure out what went wrong and uh, and so forth. I was on another small business talk radio show. And, um, you know, my background is I've been an educator and a public speaker and, um, I only got into real estate out of sheer desperation and a lack of communicable job skills. But, um, So I did this interview with this guy on his show and afterwards he said, you know what, man? You ought to have your own show. I said, nah, nah, nah, I'm not understood. He kept on bugging me for three months straight and finally he convinced me and um, we decided to call it Show Flipping America. And um, the first show we did, Had 2000 listeners, and then by the end of the first month we had 20,000. And, you know, just a few months ago, we had in, in, uh, January of 23, we had 1.2 million. Wow. And so without any intent on my part, it's sort of become the tail that wags the dog. Um, And how do, how has that affected the investing? Well, it's giving me contacts around the country that I wouldn't have had before. And you know, the other thing too, Matt, I. I have had the opportunity to talk to so many people. We're in the 600 s now on episodes, and I've talked to so many brilliant people with great ideas. And, uh, you know, I've sat here during interviews just taking notes, writing it all down, and transferring that to my computer and putting it in my brain. And, and I've learned so much from the people that have come into the show and I've. I've been privileged to meet some of the top players in the industry and, and watch what they have done to build businesses without that massive failure in the middle of it, you know? Mm-hmm. And, um, uh, I even got to interview Tillman for tida, the owner of the Houston Rockets, who is a, uh, billionaire casino owner and so forth. And, uh, The, that interview didn't go the way he expected because I wanted to talk to him about business failures. I was still trying to figure out my own life. But, um, these conversations have brought a whole nother level of education to me and opportunity, um, as the word get got around, you know, people started coming to me with opportunities and some of the things I'm into with the auction houses, and now we have bought properties in 28 states. Wow. And, um, uh, it's been, it's been a pretty wild ride. And yeah, the, the story's not over flipping America. We've got some big things on the near horizon. That's, that's  amazing. That's amazing. Um, so I, I, I wanna go back to so many different things. I, I, let's go back to the failure of, of the business in 2014, and you said that it was basically attributed to hiring mistakes. Right. Yeah. Do you, was there, was it hiring, the hiring unscrupulous people where they were stealing from you? Or was it, you know, you didn't have the right, no. Leadership that was going in place. What, what do you  attribute that to? Uh, good people in the wrong seats. Um, mainly, and, uh, I'm not gonna say his name, but, um, the, the contractor who had worked for me almost exclusively for the previous, I guess. Four or five years. Uh, we made the decision to expand in 20, in 2012, late 20 11, 20 12. But the guy that had worked for me, he had rehabbed, uh, something between 350 and 400 houses for me. And we had been thick as these, doing a hundred houses a year. Um, between him and uh, some of the houses I could run myself with just subs. Um, And we had become very good friends. Uh, I, and when we, when he did his, when he completed his three on his rehab, we kind of stopped counting, but I gave him a motorcycle as a thank you. And, um, and all this to say he had become a good friend. Mm-hmm. And when I decided to expand, I made, and, and he's the same age I am. None of us are getting younger, but, uh, we're getting up there. I said, look, man, why don't you come and be our project manager? We're gonna be hiring contractors in Metro Atlanta, in Macon, Savannah, Augusta. And as we branch out into other, uh, States, I need somebody to run point and, and hire those contractors. And he said, man, I'd love to. I'm tired of crawling around on my knees and crawl spaces in the mud and getting up on roofs. He said, I never wanna do that again. I said, okay. Turns out he wasn't very good at it. In fact, he was not. That's, that's putting it mildly. He didn't hire good people. He didn't have a a, you know, he himself was a good person, but he, he didn't have a sense of what a crooked contractor looked like, and he hired a bunch of crooks and then he didn't run 'em well. We had a few good people that he just drove crazy because, He had his opinion about how things ought to be done. It differed from theirs and, um, no conflict management. Um, no real sense of project management. Uh, he could manage his own, but he could not supervise 20, and it was a disaster. I waited too long. We were bleeding cash. Uh, to the tune of about a hundred thousand a month in interest spans on this big line of credit. Mm-hmm. And when I finally set him down, are you familiar with the Peter principal? Peter Peter Drucker, business management leader. Uh, the principle is everyone rises to their own level of incompetence. You see this in organizations. People do well, they get promoted, do well, they get promoted, they finally get to a level where they don't do so well. Well, unfortunately what companies do is they get rid of 'em. What they really should do is move 'em back down to where they were doing well. So that's what I tried to do with this guy and, uh, wanted to just put him back in charge of one or two projects like we used to do. And he steadfastly refused. He said, I'm never doing that again. He got mad. Stormed outta my office, quit and holds a grudge. I didn't know he could hold a grudge like this, but it's been 10 years. He still won't talk to me. Wow. And uh, of course what he's doing now is exactly what he said he never wanted to do again. But that's a different story. Um, in the meantime, we are hurting. And for the first time in my career, we're losing money on projects. Loans are expiring with no end in sight for the rehab work because it's been sitting there and this is all very difficult and it was really all due to one hiring decision. One one really bad hiring decision in extremely critical position. Mm-hmm. What, and  what, what would be different today have, how do, have you changed how you look at people or interview people or place people today? Any, any thoughts of what you've learned since  then? Well, yeah. Um, I've taken some time to reflect on those lessons, but probably the most helpful thing that I've read on the subject is, um, in the book Traction, getting A Grip On Your Life by Gino Wickman. He talks about getting the right people in the right places and, um, . , I, I sat down and made a list of questions and, you know, he talked about, uh, hiring good people who are good at what they do and who also have the capacity to do what you need. And so I developed a, a long list of questions that I've used in hiring, and it's been sort of my guide ever since. Yeah. Yeah. It's, it's amazing when you start to put those types of repeat, um, processes, not really the right term, but you know, you, you keep doing the same thing. You putting the same people or putting people through the same process. It's amazing how you'll be able to start seeing like, what bubbles up to the top and Yeah. That one is, that person is so much more different than anyone else. Yeah. Who we've, who've hi hired for that position or  interviewed for that position. Yeah. And, you know, I knew some of the, I I had known this gentleman long enough that I knew some of his personality shortcomings, but I, I, I willfully blinded myself to them and put 'em in a position of responsibility that I put him in a position to fail. And so that in the final analysis of the whole thing, I developed what I now call the, we call it the Flipping America Pledge. And we say this at all of my live events. And it starts off by saying, when I look in the mirror, I see the reason, the cause of my successes and the reason for my failures. And it goes on from there. It's a little meditation I wrote for myself. Um, you know, when things go well, it's because I chose well and led well. When things don't go well, it's because I didn't choose well and I didn't lead well. I am the reason. It's a matter of taking personal responsibility. That's a hard thing to swallow. Um,  out of curiosity, have you read, um, extreme Ownership by Jocko Willick? No, I haven't. Oh, that's, that's a great book.  It's all about, he, he tells it from the perspective of Iraq, Iran. He was, I don't remember exactly what, what he was. Sergeant, well, well up there, captain. I'm not quite sure what his rank was, but he basically came to the exact same conclusion that you just mentioned, that everything comes back to me and I need to take extreme ownership. There was, you know, our teams had friendly fire. That was because I. You know, screwed something up. I screwed up the navigation, the comms went down. Just really, really interesting. And he applies it to business perspective, uh, to AA business perspective. And then gives, you know, CEOs that same type of mentality where I. Something's not going right. It's because it's because of you. It's not because that person screwed up, it's because you weren't giving, you know, direction well enough for clear enough direction or, you know, yeah. All of that. So really, really, really interesting, really, really interesting book. Yeah. Um, so you, you had amazing. Attraction with your podcast pretty well right off of the bat, and I know, I personally believe that a podcast is something that pretty well every business owner should have. I mean, I, I, I completely resonate with everything that you said that you are getting from your podcast. Um, how, how, what do you attribute the success so quickly? Two. How, how did you generate such a following so many listeners? So quickly, was it just the, the name, do you feel that resonated with people or,  Hmm, I don't know. The, what were your thoughts there? The name was a happy accident. I had, I had, uh, kind of fallen into leading a, a meetup group here in Atlanta called Flipping Atlanta, and I didn't even really wanna do that, but the leader disappeared and I didn't wanna let the group fail. Just fall apart. So I was leading this group and then when I got, I agreed to do the show, I had to have a name. So I thought, ah, well, it's called Flipping America. And that's all the thought they're winning in that. No market research, no testing or anything like that. Wow. Um, But, uh, it turns out it's a pretty good name. I do have to clarify on the show we're not, you know, although, uh, we do talk about flipping houses, we talk about a lot more on the show besides flipping houses, we talk about any way that you can make money in real estate and, you know, I think that, um, you know, when we started this show, at first it was also in radio syndication. And I think that that syn indicator did a lot to help. And I also believe there was a matter of the timing. You know, we start, we launched a show in 2017. There weren't that many real estate shows out there then. Um, it, you know, it seems like everybody I talk to now has their own real estate podcast. Well, that's great. There's plenty of room for everybody. Um, do you know, the other thing is, and I don't want to alienate, alienate half of your audience, but I realize what I'm about to say might do that. I heard Rush Limbal say one time, and that that name right there is going to, that's alienating already. Yeah. Just one bunch of people just turned it off. But he said one time my goal was to take something as boring and mundane as politics and make it as entertaining as possible. And I thought, oh, there we go. Okay. So, you know, I, I have engaged in a little bit of wishful comparison. Why can't I have as many listeners as you know, that sports podcast over there? Who, who's got all these? Well, real estate doesn't have the same appeal. It's a, it, this is a niche thing, so, all right. I, it is not that I'm trapped into it, I enjoy doing it, but while I'm here, and this is kind of what's been put in front of me to do, I'm gonna take real estate and real estate investing and I'm gonna make it as entertaining as I possibly can. And that incu includes appropriate humor and, uh, poking fun at some of the silliness. And so that's what we do.  I love it. , so on on our show, we like to say that we unlock the secrets of wealthy entrepreneurship. Any, any, anything come to mind when I say that?   I think that the secret to successful entrepreneurship is not passion. It is not creativity. You know, I've met people who are passionate about, uh, degenerate sex acts that's not gonna, you know, are passionate about, uh, shoplifting. You know, it's not passion and it's not creativity. Um, the real secret of entrepreneurial success is meeting a felt need. And a consistent pattern of good decisions till it becomes habits. Uh, if you have good habits, and you and I I, one of the things that I say is consistent persistency, you have to be persistent and you have to be consistent in your persistency. And what you need to be consistently persistent in is good decision making. And if you're, if you're combining that with something that is a proven money-making path, you're going to be okay. Um, this is a little bit of a surprise and Matt, it may take you by surprise. I am not particularly passionate about real estate. Mm-hmm. For me, it is a means to an end. And if I find a better, more sure means to my end, then you won't hear me talking about real estate anymore. But I've been looking for a long time and I haven't found it. So here we are. Mm-hmm.  Mm-hmm. Yeah, so, so, so it, it's great that you have that type of perspective, you know, as well, where you recognize, cause I, I feel like that's, again, another one of those traits that a lot of people will say, you know, this is my industry and I love it, and I'm so passionate about it. And it's, it's interesting that you have that perspective where you're willing to admit that, you know, it's not what I'm passionate about, it's not what I, you know, live for. Um, and, and you're open to those other, those other options, those other avenues. Uh, any you wanna know what I'm passionate about? We, I was just gonna ask Yeah. What,  yes, I'm, first of all, I'm passionate about my wife and family. Um, and I know that sounds like a cliche, but, uh, Diana is. The best thing that happened to me since Jesus and I am, I am so in awe of her and creating the life with her is why I do everything that I do. Because I want to give her the life that I think that she deserves and, and wants. And, uh, I want to be everything that she hopes that I am or believes that I am. Um, The other, I guess the other passion, the other thing that drives me is making the world a better place. I enjoy talking to people. I enjoy helping people. Uh, I enjoy real estate. I, I like the process of it fine, but, uh, what I really like is making a positive difference in the world. And. We all spend a pretty good amount of time trying to figure out our place and that whole thing. Um, I've been put into a position where I can train other people in this industry so I can, you know, I teach people how to flip houses and to acquire rental properties and to build a real estate fortune, but that's not an end in itself. Most of the people that I teach. Want to have disposable income because they have a foundation or a charity or a church or some pet project in mind that they think is gonna make the world a better place. So it has become, this is something I'm passionate about. I want to help a a thousand people become real estate millionaires before I quit. The reason for that is, 990 of those people will end up giving money to a charity or a cause that they believe in. And, um, that will, you know, in, in small ways, make the world a better place. So if I can have a part in 900 or 990 other people making the world a better place,  Yeah. Yeah, yeah, yeah. It's, it's that ripple  effect or that's what, that's what gets me up, and that's what, that's what cranks my engine every day.  Yeah. Are you familiar with, with the, uh, butterfly Effect? Have you heard of that? Yeah. Before, yeah. Yeah. Very, very applicable there. I love that. I love that. Um, so you mentioned before too that there's some, some big things coming up, uh, on the show. Uh, anything that you can share right now of, of, you know, some of the, some of the things that you have percolating.  Uh, yeah. Yeah. There's a couple things that I can't share about what we're, what we're gonna be doing, what we're working on to expand our audience even more. I can't talk about that one, but I can tell you this. Um, I have an interest in, in, of course in helping real estate investors. And so we have been working on a trading platform. We're calling it The Flipping America Network, or the fan for short. And um, you know, you're familiar with wholesalers, right? Sure. All right, so wholesalers, they have two jobs. They have to find deals and they also have to build a buyer's list. And as a cash buyer, which is where I really came into it, uh, on the buying side, I would network with wholesalers as a part of my, you know, lead generation. And, um, frankly, is a lot easier deal with a wholesaler than it is to try to create your own leads direct to the seller. That's a different story anyway. Um, When I, from the first day that I started this show, I had to dream of creating this platform, and it's about to become a reality. I mean, we're literally just less than two months away from, uh, usability testing and then, uh, a release in the south. And then, um, uh, in fact, the call I was on right before this we're staggering the release and pinpointing areas, so we make sure that we're fully operational and supporting. But here's the idea. If you're a cash buyer and you're looking for real estate properties, you go create a free profile at the fan and uh, just tell us the zip codes where you wanna buy. Then you download the app on your phone and sign in and so forth. Now you can look on the platform for properties. You could search all the search functionality will be there, or you can just wait then if you're a wholesaler. Or it just somebody who owns a property and you wanna sell it it. It could be an owner or wholesaler. Use the app on your phone. Take the pictures of the property, fill out the information, and click submit. As soon as you hit submit, every cash buyer that's indicated an interest in that zip code is gonna get a text message that says, look what, just hit the fan. Mm-hmm. No, that's awesome. They can click on it. Yeah, that's my wife's favorite part. They can click on it, they can look at the property. There's a chat function built into the app, so you can talk directly with the seller or wholesaler, and if you agree on terms, you can go to contract right from your phone. DocuSign is integrated into the whole thing, and you go to contract, and when you go to contract, then the buyer. Will pay a $250 technology fee to the platform. The seller never pays anything. Wow. Wow. And, um, we think it's going to really change the way, uh, investment property gets bought in solds definitely gonna impact it anyway. Mm-hmm. Um, There will, in future versions, um, there will be a platform for, uh, vendors, people who sell products and services to investors, you know, home inspection, title companies. The whole range of products and so forth will be available on the platform. But, um, the buyer and seller piece is about ready for release. We're in the final stages now and, uh, we'll, we'll have a, um, Kind of a soft rollout, probably by late summer. That's  incredible. So, yeah. And have you, have you built any software before in the past, or is this the first foray into that industry? That realm?  Um, What I've done in the past, I don't know if you quite counted, I hired a couple of guys to take, years ago I invented something that we now call the Flipping America property grade. Um, you basically, you put in your details about a property and ranked the property with some intangible things like the difficulty of rehab and, and, uh, the quality of the neighborhood or the heat of the market and that sort of thing. Um, things that are not easily quantifiable. And then I, I wrote an algorithm that allowed that to come up with a numerical raw score. And then I used the range function in Excel to give it a letter grade. So we took that and, and. Train turned it into an app, but that was just a very low end, cost me 800 bucks. Mm-hmm. And, uh, we gave it away the Flipping America property grade app. Um, but it cost me about a hundred dollars per platform. Google in Apple to keep on updating the app every year with the new compliance standards for privacy and blah, blah, blah, blah, blah. And you know, I just got tired of spending that money on something I was just giving away. So. But this is a whole different animal. This, yeah, this thing is extremely detailed. I mean, it's quarter of a million dollars in development so far. That's, that's amazing. Amazing. Um, but what I did was I partnered with a, um, a guy who, this is what he does. He has a technology company that builds these things, and now we have become close enough friends that when we get this deal done, I'm, I'm buying his company. Oh,  interesting, interesting. Yeah. So, so you have, you have intentions of being more involved in, uh, technology and being involved in  that industry? Yeah, yeah, yeah. We've got more apps in the works. Um, one of them, uh, is, it's tentatively titled Flipping America Go. We've already kind of, uh, tried to partner with another provider on that. Uh, it's not working out so far, but, uh, here's, here's the dream of it. You type in an address and it goes out with an API call and pulls up all the information about that address, and then uses a, an automated valuation model from one of the providers. And we're considering a few different people there. And to give you, uh, comps and like a comparable value of the property. And for single family, it's just an arv, you know? Um, And then, but the, the, uh, the, the brilliance of this is when you register, we're going to look at several possible exit outcomes for a property, whether you want mm-hmm. Buy and hold, whether you want to buy and flip, whether you want to, uh, lease it, uh, or seller financing options, that, that sort of thing. And in there you describe. To the platform, there's some default choices made, but you describe what you consider a good deal. Like I want a 30% gross margin on flips. Some people will operate on a 20. Okay, whatever you like, put it in there. And then you get your rate and term from your favorite lender for whether it's a buy and hold or whether it's flip, and you put the rate and turn information so it's already in there. So all of these things can be calculated and the the loan, constant debt service coverage ratio and all these things can be automatically calculated behind the scenes. You just put in the information about the property and if you wanna hold it, what you, uh, plan to rent it for. And this thing spits out little meters, you know, red, yellow, green mm-hmm. Um, or some sort of indicators telling you whether it's a good deal for each of your exit strategies. Mm-hmm. And of course the tagline's gonna be, see it gonna be when you see a green light. Go.    It's a deal analyzer, but it's built into an app.  Yeah. Um, and, and, and I I love that it, it pulls in, you know, real data, real information from wherever the location is that you're, you know, that you're focused in on. Yeah.  So that's, but before that, uh, and probably before the fan gets released, uh, I've been working on something now for, uh, the better part of a year. You know, I have the coaching program and we put people in a room for, for four days and we overwhelm them with information that they're not going to remember, and they still need guidance out there. And after a while we realized, you know what? We're just wasting all of our time spending four days here. You're not gonna remember this. And, um, and they're even saying, I'm not gonna remember this. I tuned out yesterday. I, my brain is full. I can't take anymore. So I started years ago creating online courses and, um, We haven't tried very hard to sell the online courses separately. They were really designed to supplement the coaching program, but when the pandemic came, we sort of stopped doing the live events and coaching and just went to online courses and, um, you know, mixed results. Okay. Best I can say. One of the consistent things you'll hear if you listen to my show is I'm pretty hard on the hotel room gurus. Mm-hmm. Um, I don't think anybody should spend 50 or $80,000 learn how to flip houses. They're only charging you that because they can get away with it. Um, and, and I don't even care if somebody charges $50,000. What I care about is they, they show you how you can borrow from your 401k or increase your credit limits on your credit card so you can pay, and then. Be hammered with interest rates or repayment obligations and, and you're basically stealing from your own future. They'll take people who have no business, not an entrepreneurial bone in their body, they'll borrow from their 401k to set up a really, uh, this business that they are in no way mentally and psychologically equipped to run for the long term, and they're ruining people's lives. That bothers me. Mm-hmm. So, Of course alternative. Why spend 50 grand when you can get started for 50 bucks? Uh, we're launching, uh, scheduled launches in mid-July. I don't know when the show's gonna air, but, um, mid-July, we're launching the Flipping America Academy and you can join for 50 bucks a month. And in our inaugural launch period, which will probably take the rest of this year, um, when you join, you get all the benefits of the next level of coaching, which is 250 bucks a month, or the next level is called the coaching level. Um, so. You get, um, Well, there's a weekly newsletter. You get a search tool that allows you to search all the archives of the Flipping America Show, 600 plus episodes. Um, you get a discount at Home Depot, but also you get access to all nine of our current online courses and the others as they come online. Um, and we give you a roadmap to tell you which order to take the courses in and which ones you can skip depending on where you are. Some people don't need to go from A to Z, some people just need to start at E A D and go to Z. Um, And so with all of that, combined with a weekly coaching group coaching experience, um, you can learn what you need to about real estate investing for 50 bucks a month. Yeah, that's fantastic. And again, it goes back to why you're doing all of this, to be able to create those thousand millionaires. Yeah. You in the industry to create your, create your ripple. I love it. Yeah. I love it. If people wanna learn more about you, we, we've mentioned flipping America many, many times. Are there any other resources or any other things that you would suggest to go and check out, to be able to contact you or again, learn more?  Well, flipping america.net is the website. That's pretty easy to find. Um, You know, you, you could always go to Amazon and get my book house flipping, flipping houses in 10 days and, uh, help keep that sales going. We, we achieved international number one bestseller status for that book, and we got a little. Badge stuck on the cover of the book because of it. That's great. I think honestly, between you and me, I think that happened for like 15 minutes on a Tuesday afternoon.  It's there though. You, you can, you can claim it. Love it. That's right. We got the screenshots. Yeah. That's fantastic. But, uh, yeah, if, if you wanna flip houses, you, you can, you can come spend 50 bucks a month with me, but also you can get a long way to the finish line by spending 20 bucks on that book. Yeah. Yeah.  And I love that you, again, you, you are a true entrepreneur. You have all of these different, different things going on, these different projects, ideas in the pipeline, and, and it's not just, you know, this one thing I, I do real estate. Right. But, you know, podcast, software programs, flipping all, all of that stuff. So, yeah. Um, kudos to you for. Like we mentioned early on, sticking, sticking to it and sticking through things and persevere, learn and, and keep on going. You know, you've had your setbacks and struggles, but here you are still, still pushing along. So kudos to you. Love it.  Um, you know, the, the path to the mountaintop is not always a straight line. Uh, it could be that when you're standing here and you're seeing that mountain, you wanna climb that goal that you're trying to get to. What you don't see are the valleys in between the, the near peak and the far one. Um, it, it's, it's not, it's not gonna go the way you want. Nobody builds massive failure into their three year life plan, um, or health issues or other things that happen. Um, so the response to that is, um, whatever is in front of you, do the right thing with that. Over and over, whatever is in front of you. Do the right thing with that over and over, and you're gonna get there. Yeah.   All right, so let's recap what we learned today from Roger. One of the most important things that we all should take away from today's episode is that we need to pay attention to the people that we're placing into our companies. And I know that that sounds obvious, but when you're in. The moment. And when you're in those situations, you feel like it's, it's going to be so much work to try to replace them and then, and then I'm going to have to retrain people. And there's just so much to do that to, to that entire process. Right. But if you don't do it, you can absolutely take your company down and cause a huge, huge ripple effect that. Can create a lot of problems. So many times it's best to jump onto these situations, and if it means parting ways with someone or if it means repositioning them into some other type of role, chances are they're probably also going to feel relief as well because they, they, no one wants to fail. No one wants to be put in a position where they feel like they're failing. So being able to relieve that pressure from them where you know they are not performing up to what your standards are, they probably feel the exact same thing. So there's going to be an element of relief there. So always. Always, always take that step to replace people when necessary. Roger also mentions that there's plenty of people out there that are talking about, you know, following your passion and passion is the reason for this success. But what Roger has found that is that if you can find some type of a problem that people express a true real need. For the solution. That's what is going to be so much more successful than following some type of passion. So, and, and obviously it's best if you are passionate about whatever that solution is, but don't just say, this is my passion. I'm moving to go for it, look to solve some type of problem and hone in on that problem. And what I've personally found in my life is that when you can be very specific, With the type of person or the type of industry or business that you are solving that problem for, it solves so many problems, right? If you are. Focused on everyone and trying to solve everyone's problem. You're not going to be able to speak to any one type of market. So niche it down, hone it into one specific type of thing that you are doing for one particular market or industry or vertical, and then you'll be able to start speaking their, their language. You're going to understand so much more about their business. And then once you get that foothold established, Out, grow out from there. And this is the final tip that I really liked what Roger had to say. He said, be consistent with your persistence. Right? So a lot of people will give up before they establish something, or they'll see another shiny object and they're going to go and jump. Into that direction. Success takes time. I mean, there's obviously a few outliers to that. There's a few stories out there where people found quote unquote, instant success. The chances of that happening are very, very slim. It takes a long time and many, many entrepreneurs have had to just. Keep grinding, keep hustling, and I know that grinding and hustling is something that everyone talks about as well, but really the persistence to be able to keep going, keep moving forward no matter what's going on, is really, really, really key in order to be able to achieve that success that you're looking for. All right. If you want to understand what the wealthy do, head over to invest in square feet and sign up for our newsletter. We include some outtakes from various guests there, and that's the only place you're going to get to hear that advice. We also publish the investment opportunities that we come across in our various companies, so if you wanna learn more about those different investment opportunities, go ahead and sign up for that newsletter. We will be in touch with you about those different opportunities.

In this episode, we ask: How do you know if you’re a leader? Who is Roger Blankenship? What is the Flipping America Network? Would you like to visit rogerblankenship.com? How BIG is Roger? What’s Roger’s story? What about real estate? What does Roger want to do before he quits? What about really wanting to do...

Roger Blankenship is the “Flipping America Guy.” He’s host of the nationally syndicated real estate show, “Flipping America,” author, educator, motivational and inspirational speaker, and business leader. He is a member of several professional real estate organizations and is a member of the Forbes Magazine Real Estate Council. He has personally fixed and flipped more than 900 houses and has been a part of hundreds more real estate transactions. In addition to purchasing, remodeling, and marketing properties, Roger has founded the Flipping America Mentoring Program which teaches the science and art of real estate investing. He and his team have developed the Flipping America Network, a trading platform for real estate investors and He has a new book coming soon, “Flipping Houses in Ten Days.” Roger and his team teach seminars in real estate investing and provide coaching and funding for both new and experienced investors. In this episode, we talk about: Why flipping houses can be so lucrative What life lessons can one learn from this business How to get started in flipping How to scale up your flipping business You can get Rogers free ebook at www.flippingamericablissfully.com To see this program in video on Roku go to RealEstateInvesting4Women.com To watch the EXTRA portion of this show go to RealEstateInvestingForWomenExtra.com ------------------------------------------------------ Learn how to create a consistent income stream by only working 5 hours a month the Blissful Investor Way.

Today we continue the Market Report with an in-depth look at the housing market. What happened 2019? What are the stories that will shape the housing market in 2020? What changes are taking place in the home reselling industry. The news segment today will bring you up to date with the latest in the housing market and in the second half of the show I’m going to share with you my top Ten real estate stories of 2019.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to 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.  Follow us on Social Media: Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding FlipCalcs: One property, Many possibilities.  Flipping America REIA, a National REIA with a Local Focus Announcements: We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.  Coming in 2020: The Flipping America REIA.  45 Weeks, 2 meetings per week.  15-20 minutes of focused content unavailable to the general public. 15-20 minutes of real estate and small business Q&A. Wednesdays 12-2, Thursdays 7-9.  Local groups all over America joining the videocast at 1 and/or 8.   We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property.  News: Real Estate Wins in Government Spending Bills https://magazine.realtor/daily-news/2019/12/17/real-estate-wins-in-government-spending-bills Home Flipping Is Losing Fans https://magazine.realtor/daily-news/2019/12/17/home-flipping-is-losing-fans Home Flipping Activity in U.S. Drops 13 Percent in Q3 https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/attom-data-solutions-2019-us-home-flipping-report-real-estate-news-home-flipping-data-bank-foreclosure-sales-maksim-stavinsky-roc-capital-11718.php  Housing is in the middle of an inventory crisis. Here’s why https://www.housingwire.com/articles/housing-is-in-the-middle-of-an-inventory-crisis-heres-why/ House Federal Funding Legislation Brings Certainty, Stability to Housing Market https://www.nar.realtor/newsroom/house-federal-funding-legislation-brings-certainty-stability-to-housing-market Topic: Market Report: Housing America's housing market is coming back to life just in time to boost the 2020 economy https://www.cnn.com/2019/12/17/economy/housing-market-economy-2020/index.html US housing starts rise more than expected, with permits at a 12-1/2-year high https://www.cnbc.com/2019/12/17/us-housing-starts-building-permits-november-2019.html Homebuilder confidence jumps to highest level in 20 years https://www.cnbc.com/2019/12/16/homebuilder-confidence-jumps-to-highest-level-in-20-years.html The Big Housing Stories in 2019 SALT deduction above 10k affects sales of expensive properties Luxury market already losing speed - getting back to normal. Sub-luxury still hot. Lack of inventory, strong resales.  Chronic shortage of new housing starts, especially in starter home category. iBuyers make a splash. Class-Action Suit against the NAR. (the story that wasn’t. Almost no impact in brokers’ daily lives) Government interference to solve a government-caused problem. Why are rents so high? A central driver of higher home prices in some communities is the heavy regulation of housing markets by localities. This includes “overly restrictive zoning and growth management controls; rent controls; cumbersome building and rehabilitation codes; excessive energy and water efficiency mandates; unreasonable maximum-density allowances; historic preservation requirements; overly burdensome wetland or environmental regulations; outdated manufactured-housing regulations and restrictions; undue parking requirements; cumbersome and time-consuming permitting and review procedures; tax policies that discourage investment or reinvestment; overly complex labor requirements; and inordinate impact or developer fees.” Based on an assumption that investors will act in a manner detrimental to their own self-interest. As long as there are greener pastures and easier places to do business investors will go there. This creates shortages in the places they leave behind. Creates advantages for those presently in place. Creates shortages and disadvantage for everyone else. LA has had rent controls (1978) - and 60,000 homeless.  Washington DC has rent controls (1985) and the largest per capita homeless rate on the east coast.  Rent controls. Oregon and California. U.S. next? House Flipping at an all time high in 2018 (10% of all homes sold). Back down to around 5% in 2019. House Flipping profits are at a 10 year low. Ad sales Buyer program Agent referrals Mortgage company Other services (title company, moving services).. Zillow is about to become the Google of real estate. If they ever turn an actual profit, watch out! Many options Affordable - thanks to competition Smart home technology comes of age. Your Questions: Send emails to questions@rogerblankenship.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "Love and success, always in that order. It's that simple AND that difficult." -Mr. Rogers  

We are continuing today with our shows to wrap up the year and look to the new year. Today I have a couple more lists for you - the top cities to invest in office space and the top 30 high-tech employment cities - also good places to invest in office space.  The primary focus for today’s show is the Market. Today we are looking at the overall economy. We will consider 2019 and peek ahead to 2020, but no predictions until the prediction show, coming up in a week. Next time we are going to zero in on the housing market and look back and peek forward like we are doing with the economy today.  To wrap up the year we are going to do the Crystal Ball show, where I make some predictions about 2020, and we will do the looking back, looking ahead show featuring some show guests from this past year.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to 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 Civic Financial: bit.ly/CivicFunding FlipCalcs: One property, Many possibilities.  Announcements: We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.  Coming in 2020: The Flipping America REIA.  45 Weeks, 2 meetings per week.  15-20 minutes of focused content unavailable to the general public. 15-20 minutes of real estate and small business Q&A. Wednesdays 12-2, Thursdays 7-9.  Local groups all over America joining the videocast at 1 and/or 8.   We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property.  News: https://www.ccn.com/full-blown-us-housing-market-crisis-on-the-way/ https://www.housingwire.com/articles/heres-what-will-happen-in-multifamily-real-estate-in-2020/ FTC slaps duo with $6M fine for defrauding Section 8 renters https://www.inman.com/2019/12/17/ftc-slaps-duo-with-6-million-fine-for-defrauding-section-8-renters/ The Nine Most Resilient U.S. Office Markets https://www.nreionline.com/office/nine-most-resilient-us-office-markets https://www.nreionline.com/office/overview-cbres-2019-tech-30-markets/gallery?curr=23&slide=1 There Is Still Opportunity In Opportunity Zones https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/17/there-is-still-opportunity-in-opportunity-zones/#2ed2c0767acd Topic: Market Report: Overall Economy Looking back at 2019 https://www.forbes.com/sites/billconerly/2019/08/15/how-bad-is-the-us-economy-in-2019/#2f49b7dd2e10 https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html https://www.thebalance.com/us-economic-outlook-3305669 https://www.whitehouse.gov/articles/economy-reaches-longest-expansion-in-u-s-history-in-third-quarter-of-2019-beats-market-expectations/ https://ig.ft.com/sites/numbers/economies/us/ https://www.bbc.com/news/world-45827430 https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html Looking ahead to 2020 https://www.bloomberg.com/news/features/2019-10-24/the-u-s-will-likely-avoid-recession-in-2020-here-s-why https://www.washingtonpost.com/business/2019/12/15/us-economy-shakes-free-recession-fears-striking-turnaround-since-august/ https://www.thebalance.com/top-economic-predictions-for-the-next-10-years-3305699 https://markets.businessinsider.com/news/stocks/goldman-sachs-us-economy-2020-predictions-growth-jobs-recession-risk-2019-11-1028724040 https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html https://fortune.com/2019/11/25/recession-coming-in-2020-us-economy-fortune-poll/ Summary: GDP numbers are good American economy dwarfs the world economy. Unemployment at 50-year low. Manufacturing is not strong. Tech and information is booming. Housing is stable (more next show). Interest rates will remain low. Inflation is in the goldilocks range. Your Questions: Send emails to questions@rogerblankenship.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "It's not the honors and the prizes and the fancy outsides of life which ultimately nourish our souls. It's the knowing that we can be trusted, that we never have to fear the truth, that the bedrock of our very being is good stuff." - Mr. Rogers  

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today as we open the subject, I’m going to share with you how we have tentatively outlined the subject, listed programs, websites, and apps to check out, and how we are going to open this up for YOU to contribute to the listings. This will likely become an ongoing feature of the show. We certainly won’t cover everything today or even next time, but we know it’s an important part of investing so we are going to make it a regular topic.  How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to 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.  Announcements: Lunch with me every Wednesday. Baraonda The FAN is here! Would you like to invest with the Flipping America Guy? We are looking for select partners on multiple projects. Contact us roger@rogerblankenship.com or go to rogerblankenship.com/invest. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  The Flipping America Network app is available. Download for free. FlippingAmericaNetwork -- all one word. Create your profile for free. List properties, browse properties. When you buy or when you sell your cost is $100.  Topic: RE Tech The Purpose of Technology It’s not a replacement. Doesn’t replace understanding  what a deal is. The process of getting a deal done Doesn’t create common sense - comps. Doesn’t replace the need to build relationships. Won’t go see properties for you, although we are getting closer on that all the time. It may suggest a solution, but it won’t make a decision (and we don’t want it to). It’s a Tool Automate procedures Speed up processes Analyze big data sets Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it’s done, the same process can be repeated much faster in the future.)  RE Tech: Software Branded RE sites and apps Realtor.com Trulia.com Zillow.com Redfin.com Remax.com Keller Williams Homes for Sale, Rent app Century 21 Local USHUD Foreclosure Home Search Homesnap Hotpads Realty One app StreetEasy NYC Rentals HAR Texas Real Estate Movoto Real Estate HomeSpotter Real Estate Owners.com ERA Real Estate GoMLS Room8 LoopNet  Idealista Estately Real Estate Search BHG Real Estate Homes CoStar Commercial Airbnb RadPad PropertiesBook Real Estate Millions Mapped Real Estate Compass Real Estate - Homes Xome PropStream Privy  Remine app. Not for the small budget  Software for Property Information and Valuation Driving for Dollars Apps. Deal Analyzers, including spreadsheets people sell Financial calculators Pinpoint Profits, connected investors Website templates Software for Prospecting Land Glide Road Warriors Driving for Dollars MileLogger - Mileage Tracker RealEstate Profinder HomeScout HomeTrust Real Estate (off market properties) Deal Machine App BirdDogBot.com REI Skip DealCheck DealCrunch Property Analyzer Syndicated Deal Analyzer, Mike Blank, http://www.syndicateddealanalyzer.com RehabValuator, Daniil Kleyman HouseFlippingSpreadsheet.com Dave Robertson Mortgage Calculator by QL Loan Calculator PowerOne FE Carrot.com www.wix.com/Real-Estate/Free-Templates‎ www.cribflyer.com/‎ www.intagent.com/‎ Colorlib.com themeforest.net Templatemonster.com https://donedealwebsite.com/real-estate-investor-websites/ Construction Mgt. Estimation Software Rental Mgt. RE Investing Business Mgt RE Brokerage Contracts Software for Management Contractor tools Fieldwire Construction Management Contractor Foreman Procore Buildertrend Smartsheet Raken Construction Management  Project Construction Estimator Magical Home Plans RECalc Mortgage Calculator DealCheck Rehab property Calculator Mogul Real Estate Calculator Scoper Rehab Calculator Mastery App NYC Closing Estimator HomeAdvisor Google “construction estimator” for a bunch more Landlord Tycoon Landlordy Property Management Stessa Rentredi  Cozy.co RealeFlow FreedomSoft (or similar) Real Estate Exam for Dummies App Real Estate Exam Practice Real Estate Dictionary Real Estate Exam Prep  Real Estate Pocket Prep Premiere Agen, RE CRM RPR Mobile (Realtors only) FlexMLS (Realtors only) Showing Time Supra eKey MoveTo RedX Arch Agent LandVoice Sales Genie Docusign Dotloop Sign In and Send PDF Attom Data CoreLogic HousingWire SM2 RP Data Pro TopConnector Property Passbook Data Sources Connected Investors, website and app Bigger Pockets Inman RIS Media Trulia’s Blog RedFin blog Zillow PorchLight Geek Estate Property Cluster Realtor.com Bisnow.com The Bigger Pockets 1000 Watt  Lighter Side of Real Estate Epic Real Estate Home Warranties  Power Site Blog  Blogs FlippIt! - House Flipper Landlord Tycoon Real Estate Mogul Real Estate Tycoon Business Games Fundrise Landa  GROUNDFLOOR  Patch of Land Iintoo.com Dadlpinvestments.com Cadre  Arbor Crowd RealCrowd CrowdStreet PeerStreet Small Change RealtyMogul Investing Sites Auction.com and app Hubzu.com and app HUD Home Store.com Realtybid.com XOME.com Ontario HiBid Auctions RealEstate Templates for Pages Miscellaneous Software and Apps Hardware Measuring devices Arrim Key Hero Construction tools Smart Home stuff.  Tech for the rehabbed house News: Bidding wars are taking a strange turn in the fall housing market https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html Confidence in housing weakens just as homes become more affordable https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html The top 10 best places to retire https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html SoftBank CEO 'embarrassed' by results of his tech investments https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/ Leaders in real estate technology predict the future of home buying https://www.valuewalk.com/2019/10/real-estate-technology/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The ones who are crazy enough to think they can change the world are the ones that do.” --Anonymous  

Today we are going back to my upcoming book, “Flipping Houses in Ten Days” and I’m going to read Chapter 4: Fund the Deal. What’s the point of finding a deal if you can’t pay for it. But on the other hand, I’m pretty sure that if you find a really good deal, you’ll be able to put together the funding for it or at the very least, get it sold. Why do I say that? Because YOU my friend have access to a powerful resource for wholesaling properties: The FAN, aka the Flipping America Network at flippingamericanetwork.com. You can post it there and if it’s a deal, it WILL get sold. You also, by virtue of the fact that you are listening to me right now, have access to me, your humble Flipping America host. I buy deals still and I know other people across the country who are buying them. I might be able to hook you up with either a lender or a buyer. But that’s beside the point. In Chapter 4 I explain your various options about deal funding, do a bit of the math for you and give you some practical steps to take to get your first deal funded. First I need to finish my answer to an email - I ran out of time on the last show.   How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Email your questions to 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. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.   News: Redfin is losing money but making up for it in volume? https://www.fool.com/investing/2019/05/16/with-losses-mounting-in-a-hot-real-estate-market-i.aspx CNN is finally reporting on the NAR lawsuit https://www.cnn.com/2019/05/15/economy/real-estate-commissions/index.html https://www.opendoor.com/w/guides/housing-market-trends-2019 Coastal markets will see a decrease, sales will continue upward but slower. Opportunity zones will become a thing...  https://theoofy.com/46532/real-estate-trends-and-housing-market-forecast-2019-what-to-expect-from-housing-and-real-estate-during-2019-fri-may-17/ Because you will do better than 20 or 21. Economy may turn.  https://realestate.usnews.com/real-estate/articles/why-you-should-sell-your-home Rise in interest rates, millenial home buyers, growth of secondary cities, home affordability, opportunity zones, Alan Donenfeld, CityVest  https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/19/five-trends-that-will-impact-real-estate-investing-this-year/#4eee8d951915 https://www.financialsamurai.com/time-to-start-worrying-about-the-housing-market-again/ Your Questions: Send emails to questions@rogerblankenship.com Linda, Jacksonville, FL “This roofer had put on two roofs for me doing the hurricane last year so I trusted him.  He did mention that his company had merge with another and his job function had changed. Because of the previous relationship with my other two rentals didn't think I would get screwed,  The roof that was removed was shingle so the quotes were given on that. The following invoices were sent out first for repairing the roof $4,531.92 (wasn't aware of a repair quote dated 4/2/19,  second invoice 4/3/19 in amount of $5,361.92, third invoice sent 4/11/19 in amount of $11,789.54 & finally invoice no date but received via emails on 4/13/19 after numerous requests for an updated invoice.  Yes the insurance company has all invoices but remember I was told because of the pitch shingles could not be installed. The requirement for shingles is a 2" pitch across entire roof. Yes this is a rental & yes I believe I'm being screwed but I will seek legal advise on this problem.  Any suggestions will be appreciated. Maybe I need to share this roofing company with the group. What do you think? Surely wouldn't like this to happen to anyone else. By the way, the square footage of the home is less than 1200 sq. ft. & my friend got a modified roof installed 4 years ago & his cost was less $7,000 ( I have his receipt).  My friend house was approximately 1400 sq. ft. Thanks again for your interest & help. The charges do seem unreasonable. I’ve used rolled roofing on low pitch roofs and the cost wasn’t much different than shingles. The repairs (I’m assuming the decking) might be legitimate, but this could have been known ahead of time to some extent. Did they get up on the roof to inspect or just use a drone? When I get to a situation like this (I’ve done 900 flips and bought over 200 rentals so far, so I’ve seen a lot unfortunately) I realize none of the options are really pleasant. But here is how I proceed: Is the insurance company going to pay or fight the charges? If they do not want to pay they may help you fight them. Next I try to talk with the decision maker. My part would go like this: "The pitch of the roof was known when you quoted. I expect you to honor your quote, even if you made a mistake. I’ve made mistakes in this business and no one is paying for them but me. I shouldn’t pay for yours. We have a written and signed agreement.” If that doesn’t work here’s my next step: "I belong to a group of investors here that collectively own hundreds of properties. And I’ve been in touch with a nationally syndicated radio show (that would be Flipping America, my show). They know about this situation. Is this how you want me to tell them it ended?” You have to be careful when telling your story. If the company is litigious you may face a lawsuit for slander or libel. But you are permitted to state the facts. If that doesn’t work (and I’m assuming he completed the work): “Ok then, I’m going to honor what we agreed to in writing even if you won’t.” That’s all I say. This is basically inviting them to lien the property. In Georgia if a contractor liens the property they have 1 year to follow through and sue for foreclosure of the lien or it just expires. If you plan to keep the house the worst the can happen is you get to tell this to a judge. 9 times out of 10 the liens just expire because 9 times out of 10 the contractor knows they can’t win. This is personally a bit distasteful for me because I strongly desire to be honorable in all my dealings. But I’ve realized over the years that people will run over me if I let them. So I stopped letting them. Here’s the potential downside. If they have a case and pursue that case, you will have legal expenses and even if you win, you will still have those legal expenses. If they pursue the case within the time limit I would recommend you consider settling at a reduced number. This is not legal advice. Please consult counsel if it comes to that. I’m just making you aware of the practical issue here. Settling is almost always cheaper than paying lawyers to fight it out. Sawyer, Birmingham, AL “I haven’t been able to make it to one of your FlipStarter events but I have some friends who have been and said it was great - they couldn’t believe what they learned for the price of admission. Are you coming to Birmingham or will you be making a video of this available?” Alberto, Houston, TX “What are the ways you advertise a wholesale deal?” Candace, Pittsburgh, PA “I just saw an ad for a duplex in Johnstown PA at a great price. I called the number and cracked up when Flipping America answered the phone. Why would you sell a duplex in Johnstown? And why sell it for $12,000?” Alaina, Milwaukee “Is there ever an occasion when you go outside of your formulas?” Erica, Atlanta “When you’re new and starting out and you want to partner with someone who has money, how do you know this person is the right person?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Everything worth doing is worth doing poorly the first attempt and getting better as you go along” —Gordon Catts

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

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

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