Podcasts about ground floor funding

Today we are going to talk about a couple of BRAND NEW products and offerings from Flipping America. Quick Start and FlipCalcs. And later on, Jack Bosch is going to join us to talk about making a LOT of money in land investments. It’s relatively simple, uncomplicated, and the potential is staggering. Buy land for pennies on the dollar, sell for a deep discount and still make money.  Known as “the Land Guy,” Jack Bosch is a real estate investor, educator, husband, and father. Originally an immigrant from Germany who came over with just 2 suitcases and a bunch of student debt,  Jack (with his wife Michelle) have found their niche in Real Estate. Since 2002, they have been buying and selling lots and unimproved land and have flipped more than 4,000 transactions. It only took them 18 months to go from Zero to $1M. Since 2008, Jack and Michelle also have been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Plus, they have figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades. In addition to land flips, Jack and Michelle also own a portfolio of rental houses, commercial properties and even large apartment buildings. However, land and lots is their first passion because as Jack says there are no “Tenants, Toilets and Termites” on land, which really means no repairs, no inspections, no mold, no contractors. While still flipping over 100 properties a year, they now spend 2-4 months a year traveling the world with his family. They designed their business to fit their lifestyle, and the cash and cash flow from the business and investments allows them the luxury of living life on their own terms.  Jack is also a #1 bestselling author of the financial literacy book "Forever Cash, break the earn-spend cycle, take charge of your life, and build everlasting wealth and hosts the successful podcast “Forever Cash Life – Real Estate Podcast" 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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: Warehouse leasing plummets – because there's so little new space to lease https://www.cnbc.com/2019/11/12/warehouse-leasing-plummets-because-theres-so-little-new-space-to-lease.html CRE Economist Puts Recession Odds At 60% By 2021 https://www.bisnow.com/national/news/economy/berkeley-cre-economist-puts-recession-odds-at-40-for-2020-60-by-2021-101716  Freddie Mac Credit Protects $69 Billion of Single-Family Mortgages in Q3. What is the Credit Risk Transfer Program? https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/-freddie-mac-credit-risk-transfer-program-data-for-2019-mike-reynolds-real-estate-news-stacr-acis-11666.php The Best Apps for House Hunting https://realestate.usnews.com/real-estate/slideshows/the-best-apps-for-house-hunting Zillow  Realtor.com Trulia Redfin Homesnap Real Estate  Homes Estately Real Estate  Century 21 Local    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   A mistake should be your teacher, not your attacker. A mistake is a lesson, not a loss. It is a temporary, necessary detour, not a dead end. -Anonymous  

It’s Q&A time again! We are going to devote a good bit of today’s show to answering your questions. If you have a question about real estate or real estate investing, we promise we will either answer it or if we don’t know, we will get an answer for you. You have a lot of options when it comes to asking a question. Most of you email to questions@rogerblankenship.com. Occasionally people will leave a question at our national comment line, 404-369-1018. Now you can leave a voicemail for me at my website, rogerblankenship.com. And you can always send us a question through social media. I don’t tend to see those right away, but whenever we get a question about real estate we answer it. We are not going to do your homework or your research for you, but we will go off of the numbers you provide and tell you whether we would do the deal. So sure, we will tell you whether it sounds like a deal will work. But there are always other types of questions as well, as you’re about to hear. So don’t be shy -- reach out with your question.  Start your new year off with a Boost and a Bang in your real estate career. FlipStarter Atlanta is January 11-12th. Tickets will go on sale next week and we will have some type of early bird pricing I’m sure.  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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: David Burt is at it again. https://www.inman.com/2019/11/04/this-big-short-investor-is-betting-against-mortgage-market-again/ I know you’ve been talking about this at the networking events, but what’s a non-QM bond, and why is this important?https://www.bloomberg.com/news/articles/2019-11-04/risky-mortgage-bonds-are-back-and-delinquencies-are-piling-up https://www.chicagotribune.com/real-estate/ct-re-condo-deconversion-1110-20191104-qluzf5donvende6k56orv3ebwu-story.html FTC Cracks Down on Real Estate Seminar Scams https://magazine.realtor/daily-news/2019/11/07/ftc-cracks-down-on-real-estate-seminar-scams Airbnb Vows to Verify All Listings Posted at Its Site https://magazine.realtor/daily-news/2019/11/07/airbnb-vows-to-verify-all-listings-posted-at-its-site  Low U.S. Interest Rates Are Fueling a Bubble in Commercial Real Estate https://www.nreionline.com/finance-investment/low-us-interest-rates-are-fueling-bubble-commercial-real-estate Your Questions: Send emails to questions@rogerblankenship.com Hank, Portland, OR, “Glad I found your show. I’ve enjoyed listening. I’m sure you’ve heard this a million times, but I would like to know you opinion on the best way to get started in this business. Becca, Milwaukee, WI “I’m looking at a deal that just by the numbers looks like a good deal. But when I look at the house it just doesn’t feel right. My boyfriend tells me I should trust the numbers but my realtor kind of agrees with me - it just an ugly house situation on a weird lot. Am I missing an opportunity if I say no to this? Sandy, Chattanooga TN, “I have an opportunity to buy a rental house in a gentrifying neighborhood just south of downtown. Although it’s improving, the schools there are are still terrible and crime is high. The house would yield 2% per month in rents. But I’m hesitant. Can you help me think about this?” Roy, Baltimore, MD, “My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn’t pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?” Gary, Harrisburg, PA, “I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I’ve been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg? Jackie, Villages of Ocala, “My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There’s no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It’s hard to give up something that works for something that might work a little better. We’d like you to weigh in.” Lupe, Boulder, CO, “I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it’s not that hard to list a property.” Bernita, Macon, GA, “Is there any way to tell whether or not you need a new roof without getting up on it? I don’t want to climb on a roof.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “The definition of ‘luck’ is when preparation meets opportunity.” --Anonymous  

We love American IRA and we love self-directed IRA investing. If you haven’t already done so, check out their website today - even right now while you’re listening to the podcast. I know you ladies out there can do this. I’m pretty sure the guys will have to choose looking at the website or really listening - I know I can’t seem to do both. Now THAT’s a great way to get in trouble right from the beginning of the show!  As much as I love self-directed IRA investing I have run into a couple of challenges. The first one was the limitation of contribution - around $5000 per year for most people. The second was the ELIMINATION of contributions. I got a note from my custodian telling me I made too much money and couldn’t contribute any more. Folks, when enterprising entrepreneurs get news like this we don’t just shut down. We find other ways to make our goals happen.  Enter the Solo-K and our guest today.  Dmitriy Fomichenko is the founder and president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control.  He began his career in financial planning and real estate investing in 2000. He owns multiple investment properties in various states and is a licensed California Real Estate Broker. Over the years, he has taught hundreds of investment and financial planning seminars and has mentored thousands of investors.   Sense Financial Services was inspired by a series of conversations Dmitriy had with his mentors in the real estate investor business.  While many were exceedingly successful in their real estate investments, their retirement accounts were losing money. This conundrum prompted Dmitriy to spend several months consulting with industry experts and researching the powerful concept of employing self-directed retirement accounts for investment purposes. Integrating his knowledge of how to successfully manage self-directed IRAs and 401ks with his expertise as an investor and mentor, Dmitriy began consulting individual investors on how to put more thought and diligence into their retirement and investment planning. Dmitriy founded Sense Financial Services to help his clients maximize their returns on investments while protecting their hard-earned money. He is very passionate about helping families and individuals achieve financial freedom by following proven Biblical principles of financial planning and investing. Dmitriy resides in Southern California with his wife and 13-year old daughter.  In his spare time, he enjoys studying systematic theology, spending time with his family and visiting new places. He’s coming up in a bit. Also today we are going to tell you the current hottest housing market in the United States. And if you’ve been following me on social media you know I’ve been talking about the housing market and the uptick in non-QM bond sales. Over the weekend I saw a headline, “Fannie Mae official accidently lets the news slip about the next housing crash.” So what’s going on in the real estate market? Is it panic time? The answer to that is “no, it’s NEVER panic time.” 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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Domains.com: bit.ly/GetaSite 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: The nation’s hottest market for flipping houses?https://www.housingwire.com/articles/hottest-home-flipping-market/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78048718&_hsenc=p2ANqtz-8KPulsPrFNnJ_2Pgol9HGkwqrLdGkCqfRV0ygk1stGEzWEPx55W-hTBSuEI-AUAkpYxiBCXKkA4L_MgGoGEtqPOChcr6KX7ucqYdPe5DvyeVFYm5I&_hsmi=78048718 One of our key indicators is the foreclosure rate. Here’s a new report from HousingWire. https://www.housingwire.com/articles/u-s-foreclosure-rate-drops-to-20-year-low/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78115035&_hsenc=p2ANqtz--0m3octmb_tWFSSE6NdvpMbSqUyGY4rTYW6MVE5cmwcOiGYftkVUom6pHy2X5yLA3DQCgkf2Aa3-UHv5fqMInOdQDJCB-yeYOkXDLxksFd4EPxYFs&_hsmi=78115035 We have a story about wording changes on the new Uniform Residential Loan Application.https://www.housingwire.com/articles/exclusive-senate-democrats-call-on-fhfa-to-undo-changes-to-new-uniform-residential-loan-application/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78217468&_hsenc=p2ANqtz-_Rv5w9t92jAxVXG-ggCc_AvIX_r-rTqyJXEdp2pghtOEIQU3AFKUwUYjbkSOEl8lVPUh-Y7e6F_9mcNUlIG1NJy1xvY3zTVSF8JNWwr-6gBC78krg&_hsmi=78217468 Here’s the headline: The hidden housing problem: There just aren’t enough houses on the market. https://www.housingwire.com/articles/the-hidden-housing-problem-there-just-arent-enough-houses-on-the-market/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=78232269&_hsenc=p2ANqtz-9wMYfJLXPW7AQB7rqBxT07zrFlwm7uz-hZMdyzt3E9A0gOhaJIHfc1xzmvQ7FL1h_1WOmqYxm7Ey5I0tGRhEx8qA6_LPTqpXaLWbrTCIoGNWgzxKM&_hsmi=78232269 Roger’s comment: There are many reasons to explain a slowdown in home purchases or new loan applications. It’s not an automatic link to the current interest rate and in fact it almost certainly is NOT a factor. Supply of available housing is a much more likely candidate for the blame. Show Guest: Dimitriy Fomichenko https://www.sensefinancial.com/  https://www.linkedin.com/in/dfomichenko/ https://www.facebook.com/dfomichenko    Your Questions: Send emails to questions@rogerblankenship.com Debbie, Brookfield, WI, “Someone told me I should be using social media in my business. That seems to make sense but I have no idea how to proceed.” Georgia, Clearwater FL, “Why is the 1% rule a rule? What’s the thinking?” Natalie, Alexandria, VA “Does it seem reasonable that I could buy a nice house that just needs updating and make a profit? There are lots of those around here I could buy in the 300s, fix up for about 50 and sell in the 600s. This sounds a little too good to be true, so I thought I would reach out for your thoughts.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “No Masterpiece was ever created by a lazy artist.” --Anonymous  

There are a number of websites you can visit to get community information when doing your research on a property. We will review 18 of them. them today coming up. Plus we are going to talk a bit about student loan debt. As a free service I’ll be sharing with you the ONE big tip to reduce or eliminate student loan debt. During this discussion I also share the best way to make money if you do not have a degree and the best way to make a lot of money if you do. Also in the news today is Rent Control. I’m likely to get on a little rant about this because rent control is not just a bad idea - it’s an evil scourge. The politicians who push for it have to either be complete morons or complicit in the evil scheme to damage or destroy urban life. And yeah, I might quit beating around the bush and tell you how I really feel about it.  In fact, I think we should schedule a show on rent controls. I’ll put that on the list.   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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: Weekly mortgage demand is flat as interest rates hit the highest level in 3 months https://www.cnbc.com/2019/10/30/weekly-mortgage-demand-flat.html Rent control will kill multifamily real estate https://www.nationalmortgagenews.com/opinion/rent-control-will-kill-multifamily-real-estate Here Are The Countries On The Brink Of Recession Going Into 2020 https://www.forbes.com/sites/sergeiklebnikov/2019/10/28/here-are-the-countries-on-the-brink-of-recession-going-into-2020/#2c81edbb3017 How Real Estate Can Replace Student Debt With A Promising Post-Grad Position https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/28/how-real-estate-can-replace-student-debt-with-a-promising-post-grad-position/#62a3daca205c RE Tech Review: Steps in DD C.L.U.E report - past insurance claims. Inquire about insurance (higher than normal rates = prior claim history) Run a Report, homedisclosure.com may be the best. Trulia is pretty good.  Consumer businesses owned by ATTOM Data, got bought by Renovo in 2011 and changed name to ATTOM Data ATTOM sold in July 2019 to Lovell Minnick, a Private Equity firm  Realtytrac.com https://www.realtytrac.com/ https://fitsmallbusiness.com/realtytrac-reviews-pricing/ https://www.yelp.com/biz/realtytrac-irvine https://www.consumeraffairs.com/housing/realtytrac.html?page=2#sort=recent&filter=none Really consistently terrible reviews. Could be reason for the name change?  Homefacts.com bought by ATTOM Data in 2012 Provides interesting information about the home and the area. Crime and school information useful. Other items as well. Homedisclosure.com - Launched by RealtyTrac in 2016 You have to create a free account. Then you get all the same information as homefacts.com but in a more modern, appealing format. This one is truly useful.  More Property research sites https://www.neighborhoodscout.com/search/location/2343996 https://spotcrime.com/ https://www.nso  pw.gov/Error?aspxerrorpath=/en-US/Registry https://www.crimereports.com/?kbid=62548 https://www.mylocalcrime.com/?kbid=62548?kbid=62548 https://www.crimemapping.com/?kbid=62548 https://www.homesnap.com/ http://www.homegain.com/ https://www.areavibes.com/ http://www.greatschools.org/ https://www.streetadvisor.com/ http://www.realestateabc.com/index2.php https://www.homefair.com/real-estate/city-profile/ https://www.bestplaces.net/ https://www.safewise.com/ http://www.city-data.com/ https://www.walkscore.com/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “What’s the point of being alive if you don’t at least TRY something remarkable.” --Anonymous  

Moneeka Sawyer is often described as one of the most blissful people you will ever meet.  But don't confuse her big smile and infectious laugh with naivete. Her multi-million dollar real estate empire is just one example of her ability to strategize, organize, and implement big business plans.  Sawyer is the best-selling author of the book "Choose Bliss: The Power and Practice of Joy and Contentment," which was recently honored with the very prestigious Woman of Impact Quill Award by Focus on Women Magazine. She has been investing in real estate for over 20 years, so has worked through several different cycles of the market. Through her strategies, she has turned $10,000 into over $2,000,000, working only 5-10 hours per MONTH with very little stress. She lives her dreams and won't let anyone tell her what she can and can't do.  Even though she was constantly told she couldn't get in, she graduated from Haas Business School at UC Berkeley, one of the top 3 colleges in the nation, and has been in business for herself ever since. While building her multi-million dollar business, she has travelled to over 55 countries, dances every single day, and spends lots of time with her husband of over 20 years and her adorable little puppy (who is the love of her life, but shhhh...don't tell her husband). She is also the host of the Podcast "Real Estate Investing for Women" where she focuses on all the aspects of real estate investing including strategies, mindset, emotional mastery, money smart, and so much more, to ensure her listeners’ success. Moneeka's expertise, and blissful laugh, have been featured all over the world in over 50 podcasts, on stages, radio,  and TV stations including ABC, CBS, FOX, and the CW. 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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: For everyone concerned about recession, we have some numbers. https://www.housingwire.com/articles/this-is-how-u-s-gdp-performed-in-the-third-quarter/ Additional reading: https://www.barrons.com/articles/un-spinning-the-trump-obama-gdp-numbers-51553801603 Housing Secretary Ben Carson talks about changes to FHA regulation https://www.cnbc.com/video/2019/10/28/ben-carson-hud-fha-mortgage-applications-squawk-box.html WeWork Is Reportedly Expanding Into Esports With New ‘Play By We’ Venture https://www.forbes.com/sites/sergeiklebnikov/2019/10/29/wework-is-reportedly-expanding-into-esports-with-new-play-by-we-venture/#59dc1bb17a54 “The besieged startup has already branched into other businesses, like education with WeGrow, fitness with Rise By We and co-living with WeLive, although it has been divesting assets from some of them.”  Regulator Says Government Will ‘Wipe Out’ Fannie Mae and Freddie Mac Shareholders If Needed https://www.realtor.com/news/real-estate-news/regulator-says-government-will-wipe-out-fannie-mae-and-freddie-mac-shareholders-if-needed/ Investors Are Still Going After Student Housing Properties, But They Are More Concerned About Prices https://www.nreionline.com/student-housing/investors-are-still-going-after-student-housing-properties-they-are-more-concerned  Motivational Thoughts for the day   “I am inspired to teach and mentor others to move through their pain and learn how to live a life of boldness, happiness, and peace. This is what I am dedicating my life to do.” ~Moneeka Sawyer   

Two shows ago I reviewed every consumer-facing real estate website I could find. This includes both broker and non broker-affiliated sites. I shared with you the sites I have used most of the time over the years, and in some instances still use. But last year a game-changer came into my world. Privy. That’s P-R-I-V-Y. And the website is bit.ly/getprivyprogram.    So today we are going to be joined in a few moments by Benson Juarez, one of the founders of Privy. Over the past year we have had numerous conversations, he has trained me in the use of the program, and my life is richer because of this technology. I’ll tell you right up front - Privy isn’t everywhere - yet. But in the markets where it is available, there is NOTHING like it for investors. If you want to find your next deal without costly marketing direct mail etc., you need to take a look at Privy. 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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: Why Can’t I Get That Low Mortgage Rate Too? https://magazine.realtor/daily-news/2019/10/21/why-can-t-i-get-that-low-mortgage-rate-too   Cities On The Front Line Of Climate Change Need To Build Resilience https://www.forbes.com/sites/mikescott/2019/10/22/cities-on-the-front-line-of-climate-change-need-to-build-resilience/#24aaec8c5775 Four Characteristics Of An Up-And-Coming Neighborhood (And Why You Should Buy Your Next Home There) https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/22/four-characteristics-of-an-up-and-coming-neighborhood-and-why-you-should-buy-your-next-home-there/#2facb32f32a2 How To Get A Mortgage When You Have Less-Than-Perfect Credit https://www.forbes.com/sites/taramastroeni/2019/10/21/how-to-get-a-mortgage-when-you-have-less-than-perfect-credit/#40603dd624b0   https://magazine.realtor/daily-news/2019/09/12/are-ibuyers-opening-the-door-to-squatters   Marketwatch: 20 Cities People Can’t Wait to Leave Baton Rouge, LA Little Rock, AR Chico, CA Syracuse, NY Omaha, NE Dayton, OH Eugene, OR Detroit, MI Salisbury, MD Rockford, IL Orlando, FL Houston, TX Milwaukee, WI Spokane, WA Chicago, IL Denver, CO Washington DC Los Angeles, CA New York, NY San Francisco Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “No Masterpiece was ever created by a lazy artist.” --Anonymous  

I’ve known a few people who have been in real estate investing since the beginning of their career. This is how you become a multi-millionaire and even a billionaire. Start young, make good decisions, grow solidly. I have a rising star on the show today and you are going to want to hear his story. Hayden Crabtree is an Atlanta based Self Storage investor with 14 properties in 5 states spanning half a million square feet. His primary focus is on value-add storage deals that offer investors above average returns. Hayden got his start in the world of real estate during college after reading Rich Dad Poor Dad and finding a Real Estate mentor to shadow for over a year. His current focus is helping investors who want to build cashflow and equity find amazing opportunities and put their money to work passively side by side in his deals. 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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements: BRAND NEW at rogerblankenship.com. You can leave a voice message for me! 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: New SoftBank Deal Lets WeWork Cofounder Adam Neumann Walk Away A Billionaire https://www.forbes.com/sites/jenniferwang/2019/10/22/new-softbank-deal-lets-wework-cofounder-adam-neumann-walk-away-a-billionaire/#37598ba8340e Here’s How MIT Will Turbocharge AI So People Can Age In Place https://www.forbes.com/sites/johnmcmanus/2019/10/16/heres-how-mit-will-turbocharge-ai-so-people-can-age-in-place/#5f762df37157 Gen Z Will Spend More On Rent Than Any Previous Generation -- Here's How To Attract Them https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/16/gen-z-will-spend-more-on-rent-than-any-previous-generation-heres-how-to-attract-them/#6e07224e42b5   Dip in Existing-Home Sales Signals ‘Unbalanced’ Market https://magazine.realtor/daily-news/2019/10/22/dip-in-existing-home-sales-signals-unbalanced-market Facebook Pledges $1 Billion Toward Affordable Housing   https://magazine.realtor/daily-news/2019/10/23/facebook-pledges-1-billion-toward-affordable-housing Your Questions: Send emails to questions@rogerblankenship.com Kevin, Atlanta, GA “What’s the difference between a subject-to and a wrap?”  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Don't raise your voice, improve your argument.” --Anonymous  

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 we are continuing with Part Three, I’ve taken the time to look at EVERY website designed to help consumers find properties. I consider usability, usefulness, the quantity and quality of information, and then I’m going to tell you which of these I use in my business and why.   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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: How Much Public Transit Adds to Home Values https://magazine.realtor/daily-news/2019/10/14/how-much-public-transit-adds-to-home-values   SoftBank is in talks with JP Morgan on WeWork bailout as cash is expected to dry up by mid-November https://www.cnbc.com/2019/10/15/softbank-is-in-talks-with-jp-morgan-on-wework-bailout-package.html Lower mortgage rates are causing an epic housing shortage https://www.cnbc.com/2019/10/15/lower-mortgage-rates-are-causing-an-epic-housing-shortage.html Experts: Don’t Blame Housing If Recession Hits https://magazine.realtor/daily-news/2019/10/14/experts-don-t-blame-housing-if-recession-hits 6 Things Your Real Estate Agent Can Help You With https://realestate.usnews.com/real-estate/articles/6-things-your-real-estate-agent-can-help-you-with   Airbnb’s cash numbers could show that it’s not another WeWork in the making https://www.cnbc.com/2019/10/17/airbnb-with-3-billion-on-balance-sheet-trying-to-avoid-wework.html   Topic: Real Estate Tech Questions for the review. How does it present? List, Map, both? Configurable? Is it easy to search? Property data? Community data? Unique point of attraction (why would I choose to go here as opposed to one of the others?) Branded RE sites and apps Non-broker afiliated Realtor.com, list view by default, map view is possible.  Trulia.com combo view, you cannot zoom on the map by scrolling the mouse. Pros and cons.  Zillow.com, combo view. Good stats on houses Redfin.com, more properties in map view. Draw feature Movoto Real Estate, NO map view Homesnap Owners.com Altisource has shut it down.  Estately Real Estate Search Xome USHUD Foreclosure Home Search Compass Real Estate - Homes Remax.com. Nice map view, doesn’t seem to be as thorough as redfin. Keller Williams, loads slowly, no map view BHG Real Estate Homes (Better Homes and Gardens) Century 21 Local, loads quickly, no map view ERA Real Estate  Brokerage affiliated StreetEasy NYC Rentals HAR Texas Real Estate Local Search sites Realty One app Homes for Sale, Rent app Millions Mapped Real Estate app GoMLS App Room8 Website is there only to tell you to download the app. Find a place and find a roommmate.  Apps Hotpads RadPad - find apartments to rent Airbnb Rentals LoopNet Commercial CoStar Commercial Commercial Idealista for real estate in Spain! PropertiesBook Real Estate real estate in Abu Dhabi International   Let’s talk about Privy:  http://bit.ly/getprivyprogram Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Blessed are those who can give without remembering and take without forgetting” --Anonymous  

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 we are continuing with Part Two, Let’s take a closer look at some of the technology we use here in our business.   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.   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.)    News: Consumer Trepidation About Personal Finances Could Hold Back Housing https://magazine.realtor/daily-news/2019/10/08/consumer-trepidation-about-personal-finances-could-hold-back-housing Could Growth in Alternative Loans Lead to Another Crisis? https://magazine.realtor/daily-news/2019/10/07/could-growth-in-alternative-loans-lead-to-another-crisis Hope Is Not Lost for Net Neutrality Protections https://magazine.realtor/daily-news/2019/10/07/hope-is-not-lost-for-net-neutrality-protections FTC Orders Halt to ‘Bogus’ HGTV-Endorsed Seminars https://magazine.realtor/daily-news/2019/10/07/ftc-orders-halt-to-bogus-hgtv-endorsed-seminars Six Ways To Influence Real Estate Buyers And Sellers https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/09/six-ways-to-influence-real-estate-buyers-and-sellers/#5c90f8e51989 Real Estate Is Experiencing A Tech Renaissance, But Is It At The Expense Of The Homeowner? https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/real-estate-is-experiencing-a-tech-renaissance-but-is-it-at-the-expense-of-the-homeowner/#76b442482c2b A Home In Paradise: What Homebuyers Should Know About Waterfront Property https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/a-home-in-paradise-what-homebuyers-should-know-about-waterfront-property/#4ed9a13e9311   Your Questions: Send emails to questions@rogerblankenship.com Wally from Aurora, CO “I want to invest in the marijuana industry. What are your thoughts?” Allie, Milwaukee, WI “I’m looking at an older home - about 50 years old. In the basement, the wall is cracked and bulging out just a little. The bulge is about 5 feet off the floor, and it’s no more than 2” out of plumb with the wall, but the entire wall is slightly displaced. I looked for cracks in the walls upstairs and didn’t see any. The seller told me they completely remodeled the house 10 years ago and tore out the plaster walls and put in new drywall. This could be a nice profitable project but how concerned should I be? Suzanne, Tampa FL “How do you do your show three times a week, post on social media like nobody’s business, teach house flipping, make videos AND run your business? I’m not trying to challenge you. I really want to know how you do it? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “If you want to achieve greatness stop asking for permission.” --Anonymous  

Welcome to show number 300! Today marks a milestone for us with the Flipping America show. Thanks to all of our sponsors for making it possible and thank you to YOU for making the show a big hit! It’s not a college football game coming down to the last few seconds, but for a real estate show, it’s pretty exciting! Making money YAY! Financial freedom YAY! Purpose, meaning, legacy, YAY! Wait, isn’t it just a bit odd that sporting events seem to get us a LOT more enthusiastic than these other things that actually are the warp and woof of our lives.    Speaking of woof, I had a rough afternoon Saturday, like a lot of you Dawg fans out there. I had to go outside and sit by myself for awhile. One of the many thoughts I was thinking while pondering Georgia’s unbelievable upset loss is “why does this matter so much to me?” I came close to an answer when I decided that I just really want to root for a team that wins a championship. I’m not much of a baseball fan but was delighted to be in the area when the Braves had their moment in the early 90’s. I know we are the soccer champs, but honestly, I didn’t realize we were any good until I heard on the news that we were playing for the championship. And I really don’t mean any disrespect, but it’s just difficult for guys my age to get excited about soccer. We didn’t grow up with it. Anyway -- this was going to be the year for Georgia. We have elite talent, expectations were high - and then dashed. I know a championship is possible, but have you seen LSU and Alabama play? South Carolina barely whimpered as Alabama rolled over them. And I’m not sure they can beat LSU this year.    But here’s how to eventually get out of this mental mire - you just have to say - “hey - it’s just a game. It won’t be important in 100 years and it doesn’t affect my life, my destiny, or my future any more than I allow it to.” Now THAT’s a word of wisdom for everyone here. We have to get some perspective on our lives and think about what really matters. Sports. Yay. LIFE. YAY! 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.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding 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: Citibank is fined $30 million for holding onto foreclosures for too long.  https://www.housingwire.com/articles/citibank-fined-30-million-for-holding-onto-foreclosures-for-too-long/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270   Rent To Own - Nope - not in PA, NY or WI https://www.housingwire.com/articles/pennsylvania-sues-rent-to-own-operator-vision-property-management-for-preying-on-low-income-renters/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270 176 124 128     Your Questions: Send emails to questions@rogerblankenship.com Arlene, Milwaukee, WI. “How do you find your contractors? Brandon, Atlanta, GA “My new contractor wants money up front for materials. I know you say ‘no money up front’ but we have this trust thing going on. He doesn’t know me and I don’t know him. What do I do?” William, Macon, GA “I keep hearing about the foreclosure auctions at the courthouse steps. I think I might want to do that, but why not just buy foreclosures my agent is showing me from the listings? Are the deals any better at the auctions? How do you go about buying at the courthouse?” Adnon, Long Beach CA, “Do you always hire a GC? What it the repairs are minor?” Brenda, Elizabethtown, KY “Do you ever just do the work yourself? My husband and I kinda like doing the work and he’s good at everything.” Ellen, Milwaukee, WI. “My husband and I just sold our home to downsize and we are trying to figure out what to do with the money -- over $200,000. He’s semi-retired, bored, and handy. We’ve thought about flipping some houses. What advice would you give us?” Kandra, Las Vegas, NV “I recently attended a seminar here put on by [a TV personality]. I felt like it was just a sales pitch for a $20,000 course. But I was here for a course and really didn’t learn anything. I’m concerned that if I paid the $20,000 I might not learn anything there either. And I don’t have $20,000 anyway. So I didn’t do it. But I’m back to square one. I really want to learn this business! I don’t have any money and my credit has a few dings. Is there any hope for me?” D’Wayne, Louisville, KY “How do you decide whether you are going to fix and property and flip it, fix it and keep it, or just wholesale it? I figure there must be a way to figure out the best thing to do with a property. I have a deal under contract for 72,000. It needs updating and paint and carpet. I think I’ll get $150,000 for it if I flip it. Or I could rent it out for $900 per month. But another investor just offered me $10,000 for my contract. What would you do? James, Lancaster, PA “I’ve been researching various REITs and crowdfunding platforms. REITs seem like less involvement from me, which I prefer, but the returns I’m seeing are at best around 6%. With crowdfunding I can get closer to 10% on my money but I have to be a bit more involved. While I’m thinking about it, do you have other options you would recommend?” Ellen, Villages of Ocala, FL, “We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don’t really have enough money in there to buy and flip a house. Any suggestions?” Karenza, Long Beach, CA “I want to dive into buying rental properties here in southern california. My question is, am I too late?” Britney, Penn Hills, PA “My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder’s beige. Can you settle the debate?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Blessed are those who can give without remembering and take without forgetting” --Anonymous  

Where do you want to be? In a few years? In 20 years? The future is a funny thing. We are simultaneously on the way to it while preparing for it. And if you don’t watch out, we spend so much time in the preparation, we forget to enjoy the little things along the way. Today we are going to talk about retiring. I’m going to share with you how to plan for your later years with on-going income and enjoyable activity levels. I’m also going to address those of you who think it’s too late - you are destined to spend your older years pinching pennies. And I’m also going to tell you why discontinuing all work a bad idea, in my opinion. No discussion of the future is complete without a consideration of the present. If you are unhappy now, it’s unlikely you will be magically happy then. If you are frustrated or bored with your life now, it’s very likely this will continue. The answer is NOT in a change of circumstances someday. The answer is in changing your mind TOday.  We must learn to enjoy the meaningful moments of this life as they threaten to pass you by. And pass you by they will. You can never hold on to the moment, but time is a force that marches on. Physicists tell us there are four primary forces in nature, gravity, electromagnetism, weak nuclear and strong nuclear. But TIME is a stronger force than all of them. We have found ways to experiment, modify and overcome the four physical forces, but we have never (and I think WILL never) learned to overcome time - to stop it, slow it, travel backward in it, accelerate forward in it. Time marches on. The moments continue to pass no matter how much we cling to them. New time is constantly being created at the same pace regardless of our yearning to more quickly get through certain phases in our lives.  A discussion of the afterlife or even previous lives for that matter is WAAAAY outside the scope of this show, but one thing we can all agree on: We have this life. And we have choices about what to do with it. Some of those choices may no doubt be influenced by whatever you believe about what comes next. But it is a choice nonetheless.  So let’s make some good choices. They won’t be the same for all people but they can all be good, wise, prudent, and effective. We just have to start making them.  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.   Topic:  We are not going to create a full retirement plan for you in 20 minutes or so. The topic deserves a more complete discussion with your financial and tax advisors. What I hope to do here is simply lay out some of the principles for your consideration.  I’m not giving advice. I’m teaching principles. Each person’s situation and circumstances will be different so you will need to consult with a professional who is familiar with your life and agree on the specifics of a plan.    Let’s first spend a few minutes on the PRESENT: You have two eyes. Using this as a metaphor, Your life balance will be found by keeping one eye on the future and the other eye on the present. Notice you do not have a third eye with which you can dwell on the past. What is past is done. It can’t be changed. Some of you will say, “but what about the mistakes I made?” There were lessons learned that should be a part of your present. If you continue to dwell on the mistakes of the past you have not yet distilled the lessons from them. Figure it out, close that chapter and move on. Some will say “but what about the injustice done to me?” This is a surefire way to live a miserable existence. The injustices done to you are also in the past. They cannot be changed. The only thing you can control is your response to them. And they ONLY healing that can move your life in a positive direction is forgiveness.  “But what they did was horrible.”  “But what they did was unforgiveable.” “But what they did was….” It’s not easy. It’s not emotional. It’s not even fully logical. It’s just simply necessary.  “Well I tried to forgive, but it didn’t really work.” Here’s a little secret. Forgive over and over again. Remind yourself daily, hourly, however long it takes for as long as you continue to remember their deeds against them. As surely as time marches on, in time the pain will subside a little each passing day until the forgiveness you have declared becomes a reality in your soul.  The only more certain happiness trap you can enter is to live inside past injustice done to someone else by a third party. Allow yourself into this mental mindset and escape will be difficult.  So one eye on the present includes the accumulation of life lessons, fading memories of difficult forgivenesses, and a steadfast focus on joy. We can do multiple episodes of this show just talking about the pursuit of happiness, but since the show’s theme is real estate and entrepreneurship we will limit ourselves to a briefer treatment.  Much of our life is spent in pursuit. Pursuit of pleasure, pursuit of money, pursuit of power, pursuit of fame, pursuit of legacy. There is nothing inherently wrong with inner drive. Without it we would be lifeless aimless blobs. And there is nothing inherently wrong with the natural progression in our pursuits. Although one could study the wisdom literature from an early age and realize that many, if not most of the priorities people have in their lives are pointless, it seems that we all must, to some degree, learn these things first-hand. While on this journey, you will do well to consider the things that bring true satisfaction, meaning, and enjoyment into your life. And while we all need enough money to live and eat, we all realize sooner or later that money isn’t everything. The flashy lifestyle many crave reflects a lack of self-confidence, a lack or maturity, or both. And I know the saying, “money can’t buy you happiness but I’d rather be miserable in a Mercedes than a Chevy.” What I’m saying here is money is fine. Nothing wrong with it. But when it becomes the love of your life, problems ensue. Figure out what truly brings meaning to life. Read books by older people on the subject. Study the wisdom literature. For example, read and understand the Book of Ecclesiastes in the Bible. I know it will seem strange and somewhat depressing at first glance. It is translated from ancient poetry, so it’s not going to read like your favorite novel. Keep reading.    What you are going to learn sooner or later is true life satisfaction comes from: Basic needs fulfilled Meaningful work Loving relationships   Make these the basics of your life pursuits and you are on the way to joy. Choose a different path and, well, I’ll see you again in a few years when you realize I’m right. And hey, I didn’t discover this. I’m just sharing with you the wisdom of a thousand generations. Take the word of millions of people who have gone before, or go on and figure it out for yourself. You get to choose.  The Future Imagine your life Start at the end and work backwards. Family, legacy, impact, charities, etc.  Don’t be too concerned with the details. If you want to make God laugh, just tell him your plans. There are going to be twists and turns. And this destination you imagine may not be the most important plot element to your story. What will your lifestyle cost? Start with the best case scenario. Where do you live? Or do you envision kind of a snowbird lifestyle? Are you taking other vacations? Travelling? RV-ing?  Assume an 8% return on your investments. How much do you need to have invested in order to afford that lifestyle? Let’s do the math. Suppose you would like to end up making $10,000 per month. That plus the pittance known as social security should keep you alive and ticking right? If your home is paid for, your taxes are relatively low, this should afford you a reasonable lifestyle. That’s $120,000 per year. Divide that by .08 and voila, you need to have $1,500,000 invested. Man THAT sounds like a lot. If I saved $10,000 per year I would have to save for 150 years! Real estate to the rescue. Buy 10 houses that end up being worth 1.5m. You can use debt to buy them. Allow for inflation so start out buying houses for $80,000. Rent should be $800. In ten years the house (3% appreciation) is worth more than $100,000.  You get the idea. Your tenants pay down the mortgage. The value is increasing. Rents rise slightly. This is a solid plan to get there.    But I’m already in my 50’s. I don’t have time to buy 10 houses and accumulate.  What do you have? Get a better return.  Cheap houses Remote wholesaling Flip properties on the side, NOT to enhance lifestyle but to put into income-producing properties.  Get into multi-family. Syndication. Multiple passive income streams Stocks $1m, 8%, 80,000 Real Estate $40m, 8% 3.2m Income from business cash flows, 2m Never Stop Working Not a mandate.  Not a law Not normal. Stop working, start shriveling Mind Muscles Spirit Slow down, yes, enjoy the fruits of your labors and your wisdom, yes more than earlier. Stop? Never. News: What Is LTV and Why Does it Matter? https://loans.usnews.com/what-is-ltv-and-why-does-it-matter Redfin: The average 2012 homebuyer is now sitting on $141,000 in home equity https://www.housingwire.com/articles/redfin-the-average-2012-homebuyer-is-now-sitting-on-141000-in-home-equity/   Sotheby’s AR App Lets Buyers Purchase Furniture, Too https://magazine.realtor/daily-news/2019/09/30/sotheby-s-ar-app-lets-buyers-purchase-furniture-too   WeWork Concerns Seeping Into Singapore’s Real Estate Sector https://www.bloomberg.com/news/articles/2019-10-02/wework-concerns-are-seeping-into-singapore-s-real-estate-sector   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   “If you do what you always did, you will get what you always got.” --Anonymous  

Today I finish reading my new eBook: "Stop Being Poor: Yes, It IS a Choice." I will discuss what to do about poverty, the poverty mindset, and present a different way of thinking about your money that can set you on the road to success. 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.   Topic: Stop Being Poor Pt 2 News: Real Estate Pros on Alert After Camera Captures Attack on Agent https://magazine.realtor/daily-news/2019/09/25/real-estate-pros-on-alert-after-camera-captures-attack-on-agent   7 Home Upgrades That Will Attract First-Time Homebuyers https://realestate.usnews.com/real-estate/articles/7-home-upgrades-that-will-attract-first-time-homebuyers   New home sales see unexpected surge, but analyst says ‘entry level’ price is now much higher https://www.cnbc.com/2019/09/25/analyst-upgrades-3-homebuilders.html   Agreement Allows Fannie, Freddie to Retain Earnings https://magazine.realtor/daily-news/2019/10/01/agreement-allows-fannie-freddie-to-retain-earnings   Appraisals will no longer be required on certain home sales of $400,000 and under https://www.housingwire.com/articles/appraisals-will-no-longer-be-required-on-certain-home-sales-of-400000-and-under/   MBA: Mortgage applications rebound after rates return to near 3-year low https://www.housingwire.com/articles/mba-mortgage-applications-rebound-after-rates-return-to-near-3-year-low/ Your Questions: Send emails to questions@rogerblankenship.com Renaldo, Austin, TX “I heard your answer on a previous show about flipping a farm. That was cool. I’m thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed.” Tom, Charlotte, NC “Kudos on the farm flipping question. How about a golf course? A bank here has one for sale.” Adalberto, Columbia, SC “Seems like we are headed for a recession. It’s just time. What should real estate investors do?” Ferdy, Brookfield, WI “Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “If you want to achieve greatness stop asking for permission.” --Anonymous  

I did a show last year that was a bit controversial but not nearly as much as I had anticipated. In fact the overwhelming response was more than 98% positive so ultimately I decided to turn that show into an e-Book. The topic is poverty and the title is Stop Being Poor: Yes, it IS a Decision. This book will hit the presses around the first of December and will be available for pre-order in a few weeks. Today I’m going to read some of it to you. That’s coming up in just a few minutes.  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.   Topic: Stop Being Poor News: U.S. Home Flipping Returns Drop to Nearly Eight-Year Low in Q2 2019 https://www.attomdata.com/news/market-trends/flipping/attom-data-solutions-q2-2019-u-s-home-flipping-report/ Independence Delay: Americans Are Living on Their Own Later And Less Often We tend to believe that whatever is happening in the adult world when we enter adult consciousness is the norm. Until the 1950’s there had rarely been enough money anywhere for 20 and 30 somethings to live comfortably alone. Aging parents always stayed with the adult kids. “Live long enough to be a burden to your children.” Our current affordability challenges have some people rooming together, old people moving in with grown kids - in other words looking like the entire history of humanity until fifty years ago.  https://www.forbes.com/sites/taramastroeni/2019/09/25/independence-delay-americans-are-living-on-their-own-later-and-less-often/#36eecabb5c9b   The Metric You Can't Afford To Ignore When Analyzing A Flip https://www.forbes.com/sites/forbesrealestatecouncil/2019/09/24/the-metric-you-cant-afford-to-ignore-when-analyzing-a-flip/#1e04cfb16c1b But why is there a defined limit on rehab capacity considering rehab loans include repairs? Lipstick rehabs are bought at the steps.    Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control NationalAffordable Housing  https://www.bisnow.com/national/news/affordable-housing/treasury-blocks-fannie-mae-freddie-mac-lending-rent-control-areas-100842 Trump against “blue” states? Nope - Not using tax dollars to bail out problems created by irresponsible local governments.  Your Questions: Send emails to questions@rogerblankenship.com Cassandra, Tampa, FL “I am brand new to all of this. I know I want to do something in real estate but not sure what or how to proceed. Any help you can give is appreciated.” Jonathan, Jacksonville, FL “There are hundreds of investors here. Seems like I’ll never find a deal that a dozen other people aren’t already bidding on. I get discouraged, thinking I’m never going to get going.” Derwin, Lancaster, PA “The hard money lenders I’ve spoken with require experience. How does an inexperienced person ever get a loan?” Renaldo, Austin, TX “I heard your answer on a previous show about flipping a farm. That was cool. I’m thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed.” Tom, Charlotte, NC “Kudos on the farm flipping question. How about a golf course? A bank here has one for sale.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” —Norman Vincent Peale  

Four years ago she was freshly divorced, broke, homeless, and in a new city 2000 miles away from her hometown. She decided to pick herself up and get busy buying property. Today she owns 60 rental properties in her newly adopted hometown of Jackson, MS and she is on a mission to help others follow in her footsteps. Her name is Vicky Schettini. She’s coming on in a few minutes to share her incredible inspiring story. And I’m going to share with you how you can get to one of Vicky’s upcoming events and turn her story into your story.  Great Deals and Where to Find Them is out and available at Amazon. Get your copy from as low as $3.99. Learn how I have 10,000 or more deal come to my inbox every single week. Maybe you won’t have 10,000, but if you follow my methods you should in just a few months time have hundreds of deals to consider every week.  Coming Up Wednesday Oct 9, We are recording show number 300 LIVE at Baraonda.  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.   Guest: Vicky Schettini Vickyschettini.com info@vickyschettini.com Deal in Hand Event, Oct 25-27 Dealinhandevent.com For Flipping America Listeners, its $595 for TWO people to attend.  October 12, Workshop on Mortgage Wrap. The BulletProof Wrap.  Atlantareia.com  RealEstateinvestingSecrets.com News: WeWork’s New Leadership Officially Cancels IPO Plans https://www.forbes.com/sites/sergeiklebnikov/2019/09/30/weworks-new-leadership-officially-cancels-ipo-plans/#7120fed765c5 Softbank Needs A $24 Billion WeWork Valuation To Break Even On Its Investment https://www.forbes.com/sites/sergeiklebnikov/2019/10/01/softbank-needs-a-24-billion-wework-valuation-to-break-even-on-its-investment/#1f29849e7fe7 How Property Managers Can Survive (And Thrive) In The Era Of Proptech https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/01/how-property-managers-can-survive-and-thrive-in-the-era-of-proptech/#f4a7f8f2bd0f Here Are The 10 Cities Experiencing The Highest Rent Increases In 2019 https://www.forbes.com/sites/ellenparis/2019/09/30/here-are-the-top-10-cities-experiencing-the-highest-rent-increases-in-2019/#12ce9f486c20 Your Questions: Send emails to questions@rogerblankenship.com Adalberto, Columbia, SC “Seems like we are headed for a recession. It’s just time. What should real estate investors do?” Ferdy, Brookfield, WI “Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "To live a creative life, we must lose our fear of being wrong." --Anonymous   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Imagine being a basketball fan. Now imagine growing up and BUYING your hometown’s NBA franchise.  Tilman Fertitta is the star of his own reality TV show “Billion Dollar Buyer” on CNBC, and sole owner of the NBA’s Houston Rockets, Golden Nugget Casinos, and 600 other properties under Fertitta Entertainment. He is a Houston Native, accomplished businessman, and recognized as a world leader in the dining hospitality, entertainment and gaming industries, and is often referred to as, “the world’s richest restaurateur.” Fertitta owns more than 600 properties in 36 states and in over 15 countries.  He is also one of the largest employers in the nation, with more than 60,000 employees.  His restaurants include Mastro’s Steakhouse and Ocean Club, Morton’s Steakhouse, Vic & Anthony’s, Bubba Gump Shrimp Company, Dos Caminos, Joe’s Crab Shack, and more.  He’s joining us in just a few minutes to talk about his new book, “Shut Up and Listen: Hard Business Truths That will Help You Succeed” In the book he talks about what he did to turn a $6,000 business loan into a billion dollar empire. He’s joining us in just a few minutes.  There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.  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.   Guest: Tilman Fertitta Tilmanisms Hospitality Turning things around when you fail The economy, and preparing for the cycle The characteristics of the entrepreneurial leader News: WeWork CEO Adam Neumann steps down https://www.cnbc.com/2019/09/24/wework-ceo-adam-neumann-is-expected-to-step-down-amid-controversy-and-retain-chair-role-wsj-reports.html ‘Hipsturbia’: It’s What All The Cool Suburbs Are Doing And It’s A 2020 Trend https://www.forbes.com/sites/stephanievozza/2019/09/24/hipsturbia-its-what-all-the-cool-suburbs-are-doing-and-its-a-2020-trend/#1449c9a85870 Zillow Offers expands again, takes over top Texas markets https://www.housingwire.com/articles/50219-zillow-offers-expands-again-takes-over-top-texas-markets Home Offices Are Increasingly in Demand https://magazine.realtor/daily-news/2019/09/23/home-offices-are-increasingly-in-demand Higher interest rates send weekly mortgage applications tanking 10% https://www.cnbc.com/2019/09/25/higher-interest-rates-send-weekly-mortgage-applications-tanking-10percent.html https://www.yieldstreet.com/3-ideas-to-build-wealth-outside-the-stock-market?utm_source=Taboola&utm_medium=cpc&utm_campaign=NEW_WL_Desktop&utm_content=K3i&cnbc&recirc=taboolaexternal  Your Questions: Send emails to questions@rogerblankenship.com Patricia, Charlotte, NC, “What is the website where I can list my wholesale deal?” Julia, Port St. Lucie, FL “Have you considered selling the paper on your small houses? I’m interested in buying.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "There are no spare customers." -Tilman Fertitta  

As you know I hold a meeting every Thursday night at the City Tap in Atlanta GA. A couple of months ago there was some confusion at the host stand because there was another real estate meeting taking place in the restaurant that evening. Well, I’m not the shy type of guy so I went over to introduce myself. That’s where I met Justin Landis and I was simply blown away by what he is doing. I told him right then I needed to get him on the show because everyone needs to know about this. And I mean EVERYONE. That’s means you. You are NOT going to want to miss the interview today. I don’t use the word “literally” unless I mean it literally, but this could literally change your life. And if you decide to get involved it will DEFINITELY change someone else’s life.  There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.  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.   Guests: Justin Landis www.goodkey.org News: https://www.housingwire.com/articles/50195-zillow-partners-with-homebuilders-to-marry-ibuying-and-newly-built-home-buying https://www.realtor.com/news/real-estate-news/get-ready-for-bigger-home-price-increases-next-year-except-in-these-two-states/ https://www.realtor.com/news/real-estate-news/consumer-watchdog-blasts-governments-loan-sales-program-no-rules-to-help-people-save-their-homes/ https://www.realtor.com/news/real-estate-news/trump-administration-aims-to-privatize-fannie-mae-and-freddie-mac/ https://www.realtor.com/news/celebrity-real-estate/malibu-mobile-home-betsey-johnson/ Your Questions: Send emails to questions@rogerblankenship.com Scott, Mesa, AZ “You seem like a numbers guy to me but I heard you make a comment that buying rentals is not just about the numbers. If it’s not about the numbers, what is it?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   It does not matter how slowly you go as long as you do not stop. -Confucius   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, homelessness,

Larry Goins is back on the show today.  Larry has been investing in real estate for over 30 years. Previously, Larry served as president of the Metrolina Real Estate Investors Association in Charlotte NC, a not-for-profit organization that has over 350 members and is the local chapter of the National Real Estate Investors Association. Larry is an active real estate investor and travels throughout the United States speaking and training audiences at conventions, expos, and Real Estate Investment Associations on his strategies for buying and selling houses. Larry has also written several books on real estate investing that are available wherever books are sold. Larry and Kandas are also the host of the BRAG Radio Network. BRAG is all about investing in real estate to Be Rich And Generous. Larry also has a podcast on real estate investing Brain Pick a Pro, where he interviews experts from real estate and give his own expert advice. Between speaking engagements and mentoring other investors, Larry oversees the daily operations of his investing business that wholesales properties, seller finances properties and holds properties for investment. On a personal note, Larry and his wife, Pam, have two children, Linda and Noah. He also has a granddaughter, Ember and grandson Keegan. They are a member of New River Community Church in Lake Wylie, SC. As a husband, father, businessman, and real estate investor, Larry holds true to his core values and moral integrity. His personal and business motto is, “​People and principles before profits.​”  There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.  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.   Guests: Larry Goins It’s much easier to find a house for a buyer than it is to find a buyer for a house.  Even if. You have a buyer, advertise it every which way, you’ll pick up buyers for the next properties. Filthy riches, what I’m doing with the small houses.  If the property is fit and safe, (except TX) do a lease option.  If it’s not fit and safe (needs repairs), use a Land Contract. Every state except Texas. Sell it with mortgage or deed of trust.  It’s not just about the infomation - it’s the application.  T Boone Pickens: Ready Fire Aim.  Zenobia 877 LARRY GO. or  877-527-7946 Want a free copy of the books and investors kit. Need a realtor NAID to bid on every property in the state. They work the account, put in bids.  Responses could be: Nothing, Counter, Accept.  Look for the properties that are mispriced. Or perhaps the info is off, 1900 rather than 900. Anomalies in the listings.  Extended listings. Uninsurable, 90 days or more. 20% of list.  Loves ZILLOW. MLS properties, some FSBO. HUD Bank-owned. Etc. Use it for comps.   News: WeWork is in a bit of trouble. Board is calling for Adam Neuman’s head.  https://www.cnbc.com/2019/09/23/weworks-future-comes-down-to-masayoshi-son-vs-adam-neumann.html https://www.cnn.com/2019/09/23/investing/premarket-stocks-trading/index.html https://nypost.com/2019/09/23/wework-board-is-turning-against-ceo-adam-neumann-report/ National Trends:  https://www.forbes.com/sites/carolinefeeney/2019/07/01/halfway-into-2019-how-is-the-housing-market-holding-up/#417976563ec5 Prices are still rising, just at a more moderate rate. (check) Mortgage rates drop. (missed that one) There are supply problems as new housing starts are off (check) Coastal regions are flat or declining in price (check) Rest of the year?  Experts are optimistic because young adults will buy homes They see the slow-down as a short term unavoidable correction If new home construction can start in earnest next year will be good for the housing industry.  Your Questions: Send emails to questions@rogerblankenship.com Ashraf, Marietta, GA “How do you get repairs done on the houses you own around the country?” Ashley, Boulder, CO “Do you ever get tired of talking about real estate?”   Liz, Santa Fe NM, “Our flip property has a grass lawn that looks just terrible and seems out of touch with our area anyway. Any suggestions on how to fix the yard up?” Patricia, Charlotte, NC, “What is the website where I can list my wholesale deal?” Julia, Port St. Lucie, FL “Have you considered selling the paper on your small houses? I’m interested in buying.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   "You know all those things you've always wanted to do? You should go do them." -EJ Lamprey   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, Larry Goins, remote flipping, HUD houses  

If you know me you know I’m not all about the hype. Real estate can be lucrative, but I reject those who try to get people excited by showing them pictures of cars, boats, and other things that go along with the lifestyle. In the end, this is a business and can sometimes be hard work. I don’t want to sugar coat it. So I don’t. But here’s the fact, Jack. You can make really good money in this business. Really good. You’re going to be absolutely inspired by our guests today, Dedric and Krystal Polite. From ZERO to six figure income in just a year. It CAN be done and Dedric and Krystal are living proof. Dedric & Krystal Polite are serial entrepreneurs and real estate investors. They own multiple businesses and currently invest in real estate nationwide. They own cash flowing multi-family rental units and are focused on adding an additional 100 cash flowing units to their rental portfolio, continuing to find and flip 10+ profitable wholesale deals per month for their Cash Buyers, and doing strategic fix and flips. They have a Private Facebook group for couples in business together called The CoPreneur. They’ve been featured in the Wall St Journal and Inman news for their success and expertise in driving for dollars using the Deal Machine app. They are virtual investors and invest nationwide. 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.   Guests: Dedric and Krystal Polite For information on the course, click  this link. The price for the course is $997 one time or two payments of $597.  Here's the link to our Copreneurs page, private Facebook page for couples in business together.  News: The Fed cut interest rates by 25 basis points this week (that’s a quarter of a percent to some of you). But mortgage rates went UP this week to an average of 4%. What do we make of that? The mortgage rate is being blamed on a jump in US Treasury rates.   https://www.housingwire.com/articles/50176-federal-reserve-cuts-rate-by-025-defying-trumps-demand-for-big-interest-rate-drop https://www.housingwire.com/articles/50171-last-weeks-jump-in-us-treasury-rates-sends-nations-refinance-activity-into-decline https://www.housingwire.com/ https://www.realtor.com/news/ Your Questions: Send emails to questions@rogerblankenship.com Chabelli, Atlanta, GA “What numbers should we be looking for in buying a rental property?” Davey, Atlanta, GA  “What are your thoughts in comparing the stock market to real estate?” (Show 129, “Compare Everything with Everything”) Moira, Milwaukee, WI, “Winter is coming. It gets tough to work on houses here. I’m curious about the south. How does that work out?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Recently I finished up another eBook, “How to Put Skin in the Game When You are Running Thin on Skin.” In it I show you how to do a real estate deal using none of your own money. I’m not just talking about the occasional “no money down” deal you might come across. I’m talking about doing a full fix and flip with none of your own money. People want to know how I’ve done 700 or more of these, so I wrote the book, telling you how I did it and continue to do it. Last time I read part one and today we are finishing it up with part two.  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:  MBA: Global economic tension likely responsible for this week’s decline in purchase applications https://www.housingwire.com/articles/50072-mba-global-economic-tension-likely-responsible-for-this-weeks-decline-in-purchase-applications The top 5 markets for multifamily rents https://www.housingwire.com/articles/50065-the-top-five-markets-where-multifamily-rent-growth-has-risen FT: Tech tycoons want homes that look like Google’s offices https://www.housingwire.com/articles/50066-ft-tech-tycoons-want-homes-that-look-like-googles-office Why 'Days on Market' is a Key Metric When Selling a House https://realestate.usnews.com/real-estate/articles/why-days-on-market-is-a-key-metric-when-selling-a-house Your Questions: Send emails to questions@rogerblankenship.com Bob, Atlanta, GA “Could you weigh in on the topic of purchasing tax liens?” Martin, Atlanta, GA “What is a subject-to purchase and how does it work?” Shazar, Atlanta, GA “I’m struggling with a way to estimate repairs. It seems like by the time I figure them out the property already has four other offers.” Cooper, Boulder, CO “A friend of mine turned me on to your show. We’ve been having a little debate about what to pay for rental properties. He says that according to you we should buy 1%ers and I say if you buy in the right location it doesn’t matter. The values will go up and we will be glad we bought. We are probably overpaying for properties near campus we plan to turn into student housing, but in the long term believe this is a sound strategy. How is this incorrect?” Justin, Toledo, OH, “I have no family and no friends with money. What I do have is hustle and the ability to talk to people. I like real estate and like negotiating to buy properties. I have made two deals so far and a friend of mine gave me a few thousand dollars for each one and he kept them as rentals. He doesn’t want more properties right now so I was wondering if you could give me some ideas about what to do next?” Allison, Fort Worth, TX “Do you ever get tired of talking about Real Estate?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Recently I finished up another eBook, “How to Put Skin in the Game When You are Running Thin on Skin.” In it I show you how to do a real estate deal using none of your own money. I’m not just talking about the occasional “no money down” deal you might come across. I’m talking about doing a full fix and flip with none of your own money. People want to know how I’ve done 700 or more of these, so I wrote the book, telling you how I did it and continue to do it.  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: https://www.cnbc.com/2019/09/04/the-big-shorts-michael-burry-says-he-has-found-the-next-market-bubble.html?recirc=taboolainternal https://www.cnbc.com/2019/09/04/sam-zell-on-wework-every-single-company-in-this-space-has-gone-broke.html?__twitter_impression=true&recirc=taboolainternal Study: Home Prices Rising Faster in Car-Dependent Areas https://magazine.realtor/daily-news/2019/09/03/study-home-prices-rising-faster-in-car-dependent-areas Home Inspectors List 3 Maintenance No-Nos https://magazine.realtor/daily-news/2019/08/27/home-inspectors-list-3-maintenance-no-nos  Smartphones Are Guiding Buyers to Homes https://magazine.realtor/daily-news/2019/08/27/smartphones-are-guiding-buyers-to-homes Opportunity Zones: Separating Wisdom From Folly https://www.forbes.com/sites/jeffsteele/2019/08/30/opportunity-zones-separating-wisdom-from-folly/ The Fed Cut Rates. What Does This Mean For Real Estate Investors? https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/29/the-fed-cut-rates-what-does-this-mean-for-real-estate-investors/#1bbb033b78b4 Half of All U.S. Student Housing Investment Serves "Power Five" Football Schools Alone https://www.worldpropertyjournal.com/real-estate-news/united-states/gainesville/cbre-commercial-real-estate-news-2019-student-housing-investment-data-power-five-football-programs-college-football-impact-in-student-housing-jaclyn-fitts-ucf-football-11559.php   Your Questions: Send emails to questions@rogerblankenship.com Daphne, Little Rock, AR “How can I get on your VIP buyers list?” bit.ly/inexpensivehomes Samuel, Omaha, NE, “Do you recruit equity partners or private money lenders? What is your preference and how would you guide someone who wants to participate with you but is undecided about how they want to be compensated?” Allison, Tuscaloosa, AL “How do I invest in the Flipping America fund and if you say ‘Roll Tide’ on your show I’ll buy two shares.” I don’t always say “roll tide” but when I do I don’t mean it.  What does roll tide even mean? There is an old southern gospel song that says “He will roll you over the tide.” Does this mean we will actually beat Alabama next time? The dip from my egg roll dripped on my shirt and stained it. But I used Tide and got it out. There was a “roll” and “tide” in that response. Does that count? Wait I have more, there are jelly rolls, buttered rolls, rolls royces, tide waters, tied scores, tied shoelaces, all kinds of rolls and tides.  And lastly, I’ve TIDE this one up neatly - that’s the way we ROLL! I think now you are buying 20 shares Allison... Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “You are not here merely to make a living. You are here in order to enable the world to live more amply, with greater vision, with a finer spirit of hope and achievement. You are here to enrich the world, and you impoverish yourself if you forget the errand.” Woodrow Wilson   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, 

Today’s show is for anyone who is looking for a social media strategy. We all know we need to have a presence, but some of us (I’m looking at you baby boomers out there) don’t have a natural instinct for or even interest in social media. For me, I’m just not that interested in what my friends are having for summer or where they are currently on vacation - letting the whole world know they are out of the country and no one is at home guarding their stuff. So for those of us who know we need something but don’t want to become experts and definitely don’t want to have to learn multiple implementations, we need HELP. Help is coming to you today from our guest, Italina Kirkness. She will be along in just a minute to talk about your social media strategy.  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:   Pre-order my new eBook: bit.ly/RBfantasticdeals   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.   Guest: Italina Kirkness, Social Media Strategy www.realestatelinkedin.com Free online presence assessment Biggest mistakes we make with social media: Ignoring it. Connecting and then not doing anything else.  Key question: “What made you want to connect?”   News: Trump Administration Unveils Newest Fannie, Freddie Reform Proposal https://magazine.realtor/daily-news/2019/09/06/trump-administration-unveils-newest-fannie-freddie-reform-proposal Here’s how many people tapped a retirement plan to buy their house https://www.cnbc.com/2019/09/11/heres-how-many-people-tapped-a-retirement-plan-to-buy-their-house.html Opendoor Expands With Title Company Acquisition https://magazine.realtor/daily-news/2019/09/06/opendoor-expands-with-title-company-acquisition WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak demand https://www.cnbc.com/2019/09/05/wework-is-dramatically-slashing-its-ipo-valuation-because-of-weak-demand.html Fall housing shifts quickly to a buyer’s market https://www.cnbc.com/2019/09/09/fall-housing-shifts-quickly-to-a-buyers-market.html The Surprising Ways Foreclosures Make Housing-Market Downturns Even Worse https://www.realtor.com/news/real-estate-news/the-surprising-ways-foreclosures-make-housing-market-downturns-even-wohttps://www.realtor.com/news/real-estate-news/the-surprising-ways-foreclosures-make-housing-market-downturns-even-worse/rse/ Your Questions: Send emails to Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, social media, linkedin

Guest EMCEE: “Live from Atlanta, GA, it’s Flipping America!”   Hello everyone and welcome to another edition of Flipping America Live. Thanks for joining us both on the radio, via podcast or via the Facebook Live Stream we have going right now. We have a little buzz going on right now on Apple Podcasts so would you do me a quick favor? Even if you listen to the show through some other means, would you get into iTunes on your computer of the podcasts app on your iphone or ipad and give us a rating. I’m not going to tell you how to rate us, but so far every person has given us 5 stars. So let peer pressure influence you here.. And if you will, please take a moment and write something. That would be great and we thank you.    We have a special show coming to you today. Every Thursday night we gather at City Tap here in Midtown Atlanta to network, hang out, ask questions, do deals and generally learn from each other. Tonight we are going to turn this into episode 286 of the Flipping America show (cheers).    The focus tonight is your questions. We have a list of questions from our listeners. Some of the people in the room have questions. And some of you watching on Facebook might have questions. We are devoting most of the show to your questions and their answers. You can always email your questions to roger@rogerblankenship.com or you can call 404-396-1018 ext 1. We answer every question that comes in and we will answer yours. We can’t put them all on the air of course but we do feature some of them because we believe the answers will be instructive for other listeners.  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: What is “tappable equity” and what should homeowners do with it?https://www.housingwire.com/articles/49963-homeowner-tappable-equity-reaches-an-all-time-high-of-63-trillion?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=76198051&_hsenc=p2ANqtz--fNOsqURvoZwsMaPU4XGubWfWwKeZW5R96wnAiGRlLCKkCb2BFzWwe1ud4pSETP1KW3du8s1DZsFZ1jxEWyd95otvCztLeFww_LMQpXtyOJUThpAY&_hsmi=76198051 https://www.housingwire.com/articles/49958-what-does-an-inverted-yield-curve-really-mean-for-housing-us-economy?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=76198051&_hsenc=p2ANqtz--fNOsqURvoZwsMaPU4XGubWfWwKeZW5R96wnAiGRlLCKkCb2BFzWwe1ud4pSETP1KW3du8s1DZsFZ1jxEWyd95otvCztLeFww_LMQpXtyOJUThpAY&_hsmi=76198051 OpenDoor is leading the iBuying Race but Zillow is catching up. https://www.housingwire.com/articles/50079-opendoor-leads-the-ibuying-race-but-zillow-is-catching-up?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=76455440&_hsenc=p2ANqtz-9L6BN-4piCFAx039x-2apSCTC-3N8XMAhKXrHYgff7dABoKWBS4uotfXVrIQOglzwzH__hyybq7dFe1fZCFR48qx_p15Q_GTIjRQxBOxpKpyFpHlA&_hsmi=76455440 How is there an “Opportunity Zone” where the median home price is $1.4 million?https://www.attomdata.com/news/market-trends/top-10-census-tracts-in-opportunity-zones-with-median-home-prices-above-500k-and-below-200k/   Your Questions: Send emails to questions@rogerblankenship.com Chad, Denver, CO, “Can you explain the inverted yield curve and what that means to homeowners and/or investors?” Jamie, Columbia, SC “Dude! You passed on the yield curve thing. Please explain it to me in terms I can understand.” Justin, Boulder, CO, “Are we headed for recession? If so how should that guide my investing decisions? I buy and hold single family homes. Thank you.” Alan, Long Beach, CA “I know I want to buy income producing properties. I just don’t know what kind. I’ve considered single family, multi-family, apartments, and even a couple of strip shopping centers. Can you give me some thoughts to help me narrow down the possibilities?” Melvin, New Braunfels, TX “I really like flipping houses. I want to expand but I can’t find enough deals around here. I can be in San Antonio in about 45 minutes and Austin in an hour. My big dream is to be flipping houses in all three markets. But how should I go about getting started in whichever one I go for next?” Andre, Harrisburg, PA, “I heard one of your older shows and you talked about the Installment Land Contract. I’m not familiar with this. Can you enlighten me?” Paul, Atlanta, GA “Being real with ya bro. I want to take your $50/month course. I just can’t swing that first payment of $750. Do you have a coupon code?” Susan, Manchester, GA “I can buy lots of double wide trailers down here in the 50 and 60 thousand range that I can rent out for $600 a month. I know that fits the 1% rule, but what about mobile homes? Does the formula still apply?” We followed up with a couple of additional questions: She is paying cash and owns the three acres they sit on.   How do you know when you find a “Deal”. - Michael  Greene     Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Don’t Let Yesterday Take Up Too Much Of Today.” – Will Rogers  

Today I’m going to share Seven Rules for Real Estate Investing. Why seven? Why not 23 or 4? Recently I was on Nick Raithel’s show and he asked me to develop seven rules and only seven. I kinda like what I did so I thought I would repeat them here, although I do encourage you to find Nick’s show at Apple podcasts and give him a listen. These seven rules provide a framework not only for your real estate business but also for your life and career in real estate.  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: Home price gains slowed in June, but low mortgage rates may heat them up again https://www.cnbc.com/2019/08/27/sp-case-shiller-june-2019.html The inverted yield curve is doing something weird to mortgage rates https://www.cnbc.com/2019/08/22/the-inverted-yield-curve-is-doing-something-weird-to-mortgage-rates.html   7 Differences Between Real Estate Funds and REITs https://money.usnews.com/investing/real-estate-investments/slideshows/differences-between-real-estate-funds-and-reits   10 Fundamentals Beginning Real Estate Investors Should Know https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/28/10-fundamentals-beginning-real-estate-investors-should-know/#6217eb341d99 Home Prices Notch 32-Month Growth Streakhttps://www.forbes.com/sites/alyyale/2019/08/27/home-prices-notch-32-month-growth-streak/#7cc954cc5b51       Topic: Seven Rules Buy for Less than you can sell it. Rent it out for less than your monthly payment. Know your numbers.  ARV Rehab Holding Loan Constant Cash on cash return. Learn the terminology and their proper use. It’s ok for this to be an on-going venture. Don’t try to conquer this before you begin.    Recruit a great Team   Great Contractor - Vital piece Great Realtor - Vital piece - more plentiful than great contractors.  Bird Dogs, Wholesalers, Marketing people Staff to your weaknesses   Treat it like a business   Understand how a business works. Business cards, logo design - all a form of procrastination Entity structure - important, but secondary.  Focus on the bottom-line You can scale systems, processes and products but you cannot scale YOU. Read the book E-Myth Mastery Brian Gerber. Do everything at first and stop as soon as you reasonably can. End up doing only those things that only you can do.  Include where you live, how you spend your days, etc. Include your reputation - how many people know who you are and what do they think of you?  Make a budget showing how much it costs to live your dream life. How much net return can you reasonably expect from your investments (real estate, stocks etc.)? How much will you have to invest in order for those investments to afford your lifestyle? You are financially free when your passive income pays for your lifestyle.  Picture your life in the future - 3, 5, 10 years. What is the life you dream about? Call it Vision, Goal, whatever. Terminology doesn’t matter Leave your children enough to do something but not enough to do nothing. Find a cause bigger than yourself - perhaps more than one. Giving makes you a better person and actually adds to your life wealth.  Think about your legacy. It is pretty easy to make more than you really need in this business. Choose generosity as a lifestyle habit.    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   "Knowing is not enough; we must apply. Willing is not enough; we must do." - Johann Wolfgang von Goethe  

I read a lot of books. I read a lot of books about real estate. One of the best books I have EVER read about real estate investing is “Crushing it in Apartments and Commercial Real Estate” by Brian Murray.    Brian started Washington St. Properties in 2007 when he acquired his first investment property. Without raising any outside capital, Brian bootstrapped his way from newbie investor to the owner of a nationally recognized real estate investment and property management firm. In 2014, Washington Street Properties won a God Stevie Award for Real Estate Company of the Year.    Washington Street Properties has been ranked on the Inc. 5000 list of the nation’s fastest-growing private companies for the past three years in a row. The company’s success has been achieved through a value-add approach, focusing on the renovation and turnaround of underperforming, strategically located properties.  With a focus on core values of integrity, excellence, value, and innovation, Washington Street properties owns and operates a large portfolio of assets in Upstate New York, including apartments, office buildings, retail centers, storage, parking, and mixed-use properties.    In addition to his endeavors in real estate, Brian Murray has worked as a professor, technology executive, management consultant and engineer. His media appearances include interviews on CNN, PBS, and CBS MarketWatch. Brian has been quoted by the Wall Street Journal, the New York Times, and dozens of other major newspapers around the world.    Write down the title, even if you don’t plan to invest in commercial real estate, and go get this book now. You will be glad you did. And the lessons you will learn will apply to other types of real estate and business practice as well. You will thank me when you’ve finished reading this book.    Brian is joining us in just a few minutes  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.  Guest: Brian Murray   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: Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019 https://www.forbes.com/sites/alyyale/2019/07/08/housing-market-check-in-6-expert-predictions-for-the-second-half-of-2019/#4b4857cd18ba   Is Real Estate Crowdfunding a Good Investment  https://twocents.lifehacker.com/is-real-estate-crowdfunding-a-good-investment-1837442049 10 Big-Deal Real Estate IPOs: https://www.bisnow.com/national/news/capital-markets/10-big-deal-real-estate-ipos-100425 Weekly mortgage applications decline amid economic uncertainty https://www.cnbc.com/video/2019/08/28/mortgage-applications-mini-refinance-boom-squawk-box.html Mini refinance boom goes bust, as mortgage rates turn higher https://www.cnbc.com/2019/08/28/mini-refinance-boom-goes-bust-as-mortgage-rates-turn-higher.html Your Questions: Send emails to questions@rogerblankenship.com Ariel, Atlanta, GA “I’m getting conflicting advice about using a Realtor to help me find properties. I’m just getting started out in wholesaling. What are your thoughts on this?” Cordinia, Macon, GA “Can you suggest some free ways to find possible deals?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “As a young man I was scornful about the supernatural but as I have got older, the sharp line that divided the credible from the incredible has tended to blur; I am aware that the whole world is slightly incredible” -Colin Wilson  

This past week at our Wednesday lunch meeting the topic of Self-Directed IRA’s came up and that became the theme of our Facebook live presentation. If you hurry over to Facebook you   might still get to view that conversation before it disappears. If, however you missed it, you can make up for it today. In a few minutes I have an expert coming on the show and you are definitely going to want to hear his thoughts about investing through your self-directed IRA.    Brian Eastman is a principal and Sr. Consultant at Safeguard Advisors, LLC based in Boulder, Colorado.   Brian has personally worked with thousands of independent investors over the years and has a deep understanding not only of the tax framework that governs self-directed retirement plans, but how to actually use such a plan successfully in a variety of real estate-related transaction types.   Brian has been investing in real estate personally and with his self-directed plan for 15 years, and has participated in sub-division development, flipping properties, rentals, lease options, and trust deed financing of various types of property.   Prior to joining Safeguard Advisors, Mr. Eastman spent nearly two decades in the development and implementation of complex software systems, with a focus on client education. His ability to present complex and wide-ranging topics in a clear and understandable fashion translates well to the educational approach that is critical to helping investors discover the potential of a self-directed retirement investing strategy.   A graduate of UC Berkeley, Mr. Eastman enjoys exploring the wonders of the Rocky Mountain backcountry with his family and cheering for his son’s hockey team.    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.   Guest: Brian Eastman In plain English, what are self-directed IRA and 401(k) plans and why do they matter to real estate investors? How can a real estate investor get more from their self-directed IRA? What tax issues should an investor be on the lookout for, which can occur inside their retirement plan? What are some examples of using a self-directed plan for real estate investing?Describe for our listeners some of the benefits and complexities involved if they were to use debt-financing to invest with a self-directed plan. What benefits are associated with a checkbook control Self-Directed IRA or 401(k) plan? Self-directed IRA & 401(k) plans - an overview Getting more from your self-directed IRA Real estate investing with a self-directed plan (rentals, syndicates, development/flipping) The benefits and complexities of using debt-financing (i.e. mortgages) when investing with a self-directed plan Tax issues that can occur inside a retirement plan and how to understand and strategize around those issues   News: Millennials can’t afford real estate — destined to remain sad apartment dwellers https://nypost.com/2019/08/31/millennials-cant-afford-real-estate-destined-to-remain-sad-apartment-dwellers/ Artificial intelligence in residential real estate: Reality or hype? https://www.housingwire.com/articles/50044-artificial-intelligence-in-residential-real-estate-reality-or-hype International investors take a small step back from US commercial real estate, as yield is less attractive https://www.cnbc.com/2019/08/30/international-investors-pull-back-from-us-commercial-real-estate.html Weekly mortgage refinances fall further, despite lower interest rates https://www.cnbc.com/2019/09/04/weekly-mortgage-refinances-fall-further-despite-lower-interest-rates.html Redfin Publishes Agent Commissions with Its Listings https://magazine.realtor/daily-news/2019/08/30/redfin-publishes-agent-commissions-with-its-listings   https://www.cnbc.com/2019/09/04/sam-zell-on-wework-every-single-company-in-this-space-has-gone-broke.html?__twitter_impression=true&recirc=taboolainternal   Your Questions: Send emails to questions@rogerblankenship.com Hector, Sacramento, CA. “Have you ever flipped a farm? I’m looking at buying one to keep this guy out of foreclosure but I don’t want to keep it.Article I found to help: http://www.businessvaluations.net/blog/valuing-a-farm-business Eva, Pittsburgh, PA, “My lender has options for my rental. I can do interest only at 4.8% (5 years then convert to amortized) or I can do a fully amortized loan at 4.75%.” We followed up: She is in her 30s and plans to hold them indefinitely. Purchase price is 180,000. Putting 40,000 down. Loan amt is 140,000. My calculations: PI pymt is $730/month. Interest only is $560. $170/month difference. $10,200 over five years. Options are keep renewing interest only for maximum cash flow or refinance the amortized loan every 7-8 years to improve Return on Equity.  Carmela, Port St. Lucie, FL “I’ve been wanting to write for a couple of weeks, but we have been a little busy here preparing for Dorian. It looked like we were going to get hit hard, but were spared thankfully. I was thinking about your show and wondered if you go in and buy storm damaged houses. And I’m not saying this about you, but I’m thinking about doing it and looking for an answer when people tell me I’m praying on the misfortune of others. Do you have a good answer to that?” Frieda, Jacksonville, FL “I saw how you helped my friend with her roof contractor situation. I’ve had a couple of bad experiences with contractors also and I’m wondering if there is a better way to protect myself in the future?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   "Have intense and unfailing love for one another, for love covers a multitude of sins." - 1 Peter 4:8  

I’ve stated many times before that the key to wealth building in real estate is to develop passive income streams. Rental properties are not entirely passive as rentals and rentERS need managing. You can hire a management company but they you have to manage the management company. Sounds like a lot, but if you have an excellent management company it’s like having an excellent contractor - life is SO much easier. You need to know the basics of property management even if you are going to hire it out. And you need to know someone who really knows what they are doing. That brings us to our guest today, Marc Cunningham.  Marc Cunningham grew up in the family property management company his father founded in 1978, Grace Property Management. Marc starting in the “weed pulling” division and moved on to mowing, painting, accounting and leasing. He joined the firm permanently in 1997 and currently serves in the role of President.  Today, from a platform of managing over 900 rental properties with 20 team members, Grace Management helps people buy, sell, invest, flip, collect rent, evict, and have fun doing it! If you are more impressed with initials after a name - Marc is the President of Grace Property Management & Real Estate, holds a degree in Real Estate & Finance, has taught CE classes in over 20 states, has been featured in multiple national real estate publications, hold multiple designations, and was just named the 2018 national property manager of the year by Think Realty. Marc lives in Loveland, CO, where he lives his failed childhood sports dreams through his children.  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.   Guest: Mark Cunningham Four Questions for prospective Property Managers How long have you been in the business? What is your eviction rate? (the lower the better) What is your lease renewal rate? (the higher the better) If I have a change of mind or if our relationship just isn’t working out, how easy is it for me to get out of our contract?   https://www.rentgrace.com/owner-faq News: Six Surprising Data Sources Probably Being Overlooked In Your Multifamily Analysis https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/27/six-surprising-data-sources-probably-being-overlooked-in-your-multifamily-analysis/ How To Lose And Rebuild A Real Estate Portfolio https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/26/how-to-lose-and-rebuild-a-real-estate-portfolio/ How Proptech Adoption Across Generations Helps Fuel A Thriving Market https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/23/how-proptech-adoption-across-generations-helps-fuel-a-thriving-market/ Fannie Mae Predicts Two More Fed Cuts This Year https://magazine.realtor/daily-news/2019/08/21/fannie-mae-predicts-two-more-fed-cuts-this-year What Makes a Good Single-Family Rental https://magazine.realtor/daily-news/2019/08/27/what-makes-a-good-single-family-rental Your Questions: Send emails to questions@rogerblankenship.com Alisa, Hammond, IN “Thanks for all you are doing to promote integrity and values in the real estate investing space. I’ve seen so many so-called “investors” who are horrible people doing terrible things and taking advantage of the less-informed. I want to know how to avoid hiring another dishonest contractor.  Kendra, Milwaukee, WI, “I live and work in the downtown area but I grew up in Sheboygan, which is just about an hour’s drive away. I want to flip properties up there, but how would you recommend I get started? I would only be able to go check on things once a week. Is it even doable? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Don’t Let Yesterday Take Up Too Much Of Today.” – Will Rogers  

FAR 281 Anne Amagrande Opening: It’s possible to live in one place and invest in many others - even if you’re not a hedge fund! Our guest today, Anne Amagrande is doing just that. And with her success she’s creating something she calls the Win-Win-Win Scenario. I’ve been referring to it at the Triple Win, but also thinking about Win cubed. That last one may be a little too nerdy though. I’m excited Anne is going to be joining us today and we will be speaking with her in just a few minutes.    Anne was born and raised in a small southern California town outside Pasadena. Her Parents and Grandparents were entrepreneurs so she and her 3 sisters never had a chance, it was in their blood to be bold, creative and challenge the status quo. Anne gained a sense of business acumen at a young age while working in her parents and grandparents printing business.   After College Anne worked in Retail Logistics and Operations, working with one of the largest retailers in the world and later became certified as a Global Logistics Specialist rising through the ranks and landing in Distribution Center overseeing operations of Inbound freight for 63 stores in Southern California.   In her spare time, she found time to work within her true passion of Real Estate, Economics, and Finance. Upon entering Real Estate, Anne began flipping homes. After a while, she realized that it was not feeding her true desire to help others. Anne changed direction and sought a way to create a Win-Win-Win scenario. Along with her team, Anne created a truly unique system designed to create a Win-Win-Win model for Investors, Long term Residents, and locally owned and operated preferred Vendors, all while maintaining a profitable model for her business. Anne's moto: "When everyone wins the world is a better place".  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.  Guest: Anne Amaagrande 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: Is the US going to “buy” Greenland? https://www.cnn.com/2019/08/16/business/how-much-greenland-cost-intl/index.html How Artificial Intelligence Can Help Real Estate Investors Buy And Sell More Intelligently. https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/21/how-artificial-intelligence-can-help-real-estate-investors-buy-and-sell-more-intelligently/#53b08c543479 Real Estate Market Trends: All Flathead cities but Kalispell home sales past three years, May through July. https://flatheadbeacon.com/2019/08/21/real-estate-market-trends-63/ The 25 Most Expensive Places to Live in the U.S. in 2019 Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019 https://www.forbes.com/sites/alyyale/2019/07/08/housing-market-check-in-6-expert-predictions-for-the-second-half-of-2019/#4b4857cd18ba     Is Real Estate Crowdfunding a Good Investment  https://twocents.lifehacker.com/is-real-estate-crowdfunding-a-good-investment-1837442049   10 Big-Deal Real Estate IPOs: https://www.bisnow.com/national/news/capital-markets/10-big-deal-real-estate-ipos-100425 Your Questions: Send emails to questions@rogerblankenship.com Nick, Houston, TX “I have a number of rentals in a part of town very popular with Hispanics. Am I required to know my tenants’ immigration status before renting to them?” https://www.equalhousing.org/wp-content/uploads/2014/09/2012-Immigration-Status-FAQ.pdf https://sparkrental.com/should-landlords-rent-to-illegal-immigrants/ https://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter1-2.html https://www.biggerpockets.com/forums/52/topics/175254-need-to-check-if-tenant-is-legal-resident-in-the-us Cameron, Santa Monica, CA “I hear you talking about doing flips in other areas. I have opportunities here to buy homes both lightly and heavily damaged by wildfires. I have the cash I need to buy and renovate the properties. Are you saying I should not do this? It looks like I could make $100,000 or more on every deal.” Amelie, St. Simons Island, GA “Our community is small and since we are an island, not growing. Is it possible I could flip houses on the side even here?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Do you want to know who you are? Don’t ask. Act! Action will delineate and define you.”

FAR 280 Daniil Kleyman, Rehab Valuator Opening: Daniil Kleyman is a real estate developer, investor and software entrepreneur out of Richmond, VA.  An immigrant from Russia at the age of 12, he worked hard in school, made it into a prestigious university and landed a string of jobs on Wall Street in NY only to realize that working for others, no matter the compensation or prestige, wasn’t for him.  He ventured out on his own and hasn’t looked back since. He currently specializes in ground-up residential and commercial development, with a focus on buy-hold or build-hold projects.   Along with his investment business, he also started a software and education business for real estate investors, which now serves tens of thousands of investors across the US and even abroad.  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.  Guest: Daniil Kleyman www.rehabvaluator.com 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: Trump Administration Reducing the Size of Loans People Can Get Through FHA Cash-Out Refinancing High Times: Is Cannabis the New Secret Ingredient for Luxury Real Estate Sales? https://www.realtor.com/news/trends/cannabis-the-new-secret-ingredient-for-luxury-real-estate-sales/ These are the nation's most affordable housing markets for middle-class families Capital Economics: Expect home prices to increase as mortgage rates drop July’s home sales ends a nine-month climb of annual inventory growth Back on campus, students confront a challenging housing market https://www.curbed.com/2019/8/20/20813141/college-real-estate-apartment-dorm Your Questions: Send emails to questions@rogerblankenship.com Alberto, San Antonio, TX, “Can you give an example or two of when the numbers work, but you pass on the deal anyway? And then can you tell us when you might violate the MAO rule?” Jessica, Lake Wales, FL, “What would you do if you had an opportunity to buy a mobile home at a great price? Like $15,000 and I can rent it for $600/month. I get several opportunities like this.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “You can have anything you want if you want it badly enough. You can be anything you want to be, do anything you set out to accomplish if you hold to that desire with singleness of purpose.”- Abraham Lincoln

FAR 279 Michael Blank Opening: Michael’s an entrepreneur through and through and passionate about helping people become financially free with real estate investing He’s the author of the Amazon bestseller “Financial Freedom with Real Estate Investing” and host of the popular Apartment Buildings Investing Podcast. He’s helped investors purchase 5,000 multifamily units valued at $215M through his content and training programs. As CEO of Nighthawk Equity, he controls over $43M million in performing multifamily assets all over the United States and has raised over $12M.  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.  Guest: Michael Blank 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: Trump’s trade war means less Chinese real estate investment in US https://born2invest.com/articles/trump-trade-war-chinese-real-estate-investment-usa/ Buying a Home, No Matter the Market https://www.wsj.com/articles/buying-a-home-no-matter-the-market-11565885850 America's Hottest—and Most Unexpected—Real Estate Markets in July 2019 https://www.realtor.com/news/trends/july-2019-americas-hottest-and-most-unexpected-real-estate-markets/ Is a recession coming? Here’s what that means for housing https://www.curbed.com/2019/8/15/20807042/recession-housing-market-interest-rates-home-prices Realtor.com warns of lower housing inventories https://realtybiznews.com/realtor-com-warns-of-lower-housing-inventories/98755423/ High Times: Is Cannabis the New Secret Ingredient for Luxury Real Estate Sales? https://www.realtor.com/news/trends/cannabis-the-new-secret-ingredient-for-luxury-real-estate-sales/ Your Questions: Send emails to questions@rogerblankenship.com Lyndon, Knoxville, TN, “Do you have lenders that will do a cash out re-fi on property I already own?” Yes - already sent. If you want the list, just email me. We are about to sign one of the largest lenders in the United States to a marketing deal.  Carson, Harrisburg, PA, “How does flipping houses create wealth?” Tiffany, Carrollton, GA “I’m so ready to give up. I spent a TON of money on a training course and bought a house. I think I spent too much on the rehab. It sold fairly quickly but the check I got at closing was less than the check I wrote when I bought it. Does this even work?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   "He who is not courageous enough to take risks will accomplish nothing in life." - Muhammad Ali  

FAR 277 Fantastic Deals and Where to Find Them Opening: I just finished up my new eBook, “Fantastic Deals and Where to Find Them” and today you are in for a bit of a special treat. The ebook will be available in the Kindle store and as an audio book. In the interest of maximizing time management and killing two birds with one stone I’m going to read the first half of the book on the show today and finish on our next show. Yeah it’s an eBook, so this is not a long read.  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: https://www.realtor.com/news/trends/foreclosure-filings-are-falling-fast-except-in-these-cities/ https://www.housingwire.com/articles/49855-keller-offers-teams-with-offerpad-to-expand-ibuying-presence https://www.housingwire.com/articles/49841-eisman-famed-for-shorting-subprime-explains-why-hes-betting-against-zillow https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized https://www.housingwire.com/articles/49843-heres-what-kanye-wests-idea-of-affordable-housing-looks-like-and-why-it-may-never-be-realized https://www.cnbc.com/video/2019/07/22/thailand-is-top-destination-for-chinese-real-estate-investors-juwai.html https://www.cnbc.com/commercial-real-estate/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “As a young man I was scornful about the supernatural but as I have got older, the sharp line that divided the credible from the incredible has tended to blur; I am aware that the whole world is slightly incredible” -Colin Wilson    

FAR 278 Fantastic Deals and Where to Find Them pt 2 Opening: We are going to finish up today with part 2 of my new eBook, “Fantastic Deals and Where to Find Them”. The ebook will be available in the Kindle store and as an audio book. But we have some questions piling up I need to get to and of course the news. I’ve also got a little math less review for you that will help us understand some of the data in the news. All of that is coming right up!  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: https://www.ajc.com/business/atlanta-housing-market-may-have-hit-turning-point/WDvZlhpJtHrhj2xLrNHF6J/ https://www.attomdata.com/news/market-trends/attom-data-solutions-q3-2019-vacant-property-and-zombie-foreclosure-report/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-major-cities-with-the-biggest-home-seller-gains/ https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2019-u-s-home-affordability-report/ Your Questions: Send emails to questions@rogerblankenship.com Alison, Colorado Springs, CO, “I tried to download the ‘Property Grade’ app from the Google Play store and it doesn’t look like it’s available. What am I doing wrong?” Don, Pittsburgh, PA, “You recently did two shows “Why We Fail” and “Why You Will Succeed”. I wanted you to know those are two of the best podcasts I’ve ever heard and I do believe my life has been changed by them. I don’t have a question at this time -- I just wanted to say thank you.” Betty, Villages of Ocala, “My husband and I retired a couple of years early, but we are retired and want to stay that way. What are the best options for us to invest in some real estate passively?” Paul, Jacksonville, FL “Just heard this show for the first time. Thanks for being a voice of realism that cuts through all the “hype.” Please tell me a realistic way for me to get started in this business. I have a little money, and my family has owned rentals, but I don’t think it was a good experience for my parents. I want to get in, but I want to do it right.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “As a young man I was scornful about the supernatural but as I have gotten older, the sharp line that divided the credible from the incredible has tended to blur; I am aware that the whole world is slightly incredible” -Colin Wilson    

If you’re going to be in this business you’re going to have to spend at least a little time with some numbers. And if you want to do well with the numbers and work with any kind of volume at all, you would be well advised to learn how to use a spreadsheet. That’s what I did. In fact I became quite the nerd with them. At one point several years back when I was single, I was teaching a team how to use my foreclosure analysis spreadsheet. One of the ladies in the groups raised her hand and asked, “do you evaluate your girlfriends with a spreadsheet?” That was a GREAT idea!    I was looking around online to see what’s out there and came across several products and possibilities. A few of the programs were so good I immediately reached out to the developers to see whether they would come on the show. One of them joins us today. He is Dave Robertson, from House Flipping Spreadsheet and FlipperForce.   He was a Construction Cost Estimator for a large commercial construction company when he started flipping houses part-time.  As an Estimator his natural born instinct was to create an Excel spreadsheet to help him analyze deals and estimate rehab costs.  But Dave's inner nerd took over and he went a little crazy and ended up spending thousands of hours building and tinkering with his spreadsheet which is now known today as the House Flipping Spreadsheet.  Dave is currently taking his success with the House Flipping Spreadsheet and investing his time in a new web-based house flipping software called FlipperForce.   Last show we had some fun with the news. Today we are going to take some questions. Normally when we do this we get to answer 4 or 5 questions. I have 9 questions from one person. I love the enthusiasm! So we are going to answer as many of them as we can on the show later. I’ve already answered the questions briefly and let Mark know I would be addressing them on this 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.  Guest: Dave Robertson https://www.houseflippingspreadsheet.com https://www.flipperforce.com    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: https://www.houseflippingspreadsheet.com https://www.flipperforce.com  Your Questions: Send emails to questions@rogerblankenship.com Mark, Atlanta, GA,  Could you recommend a couple of good lenders that I could reach out to and start the paperwork? Do you have more info on the buy/sale trade association? Any kind of network associations that I need to sign up with? Is quickflips is that where you don’t touch the properties but use other people’s money and they sell the house for you? Are those hard to do? I want to build rental properties in my portfolio – how do you know how to keep it as rental or flip it for cash? What is a good price range for buying properties that are for rental properties? What is a good way to find an aggressive rental estate agent who is trained to find these type of properties? How do I get my hands on the hottest list since I have a call center I can use? In addition I do have a real estate script I can use. Are we trying to set appointments to go to the house or are we trying to just set appointments on the phone? Are we setting the appointment for a call back to speak to me or experienced rep? Lenders:  GROUNDFLOOR.us Michael Braswell. www.Braswellcapitalsolutions.com 770-854-2194 Chip Cagle and Residential Capital: 404-216-5599 FundSource Financial, Erik Barlow, 770-913-6201 Civic Financial, 470-863-6187 Baker Collins: www.bakercollins.com   The Buy Sell network is at www.FlippingAmericaNetwork.com Brief Video: https://www.youtube.com/watch?v=ynmaTT7VSsk It’s free to join. As a buyer let us know the zip codes you want to buy in. When someone posts a property in your zip code, you get a text message. If you want exclusive 48-hour access to new leads, you can “reserve” the zip code for $100/month.    Network Associations? I recommend you hang out with us here at Flipping America. But I also like the people behind the Atlanta REIA and the South Atlanta REIA. Both are good groups.    Most of the rest of your questions are covered pretty regularly in my shows and in my training programs. But I’ll give you some quick answers anyway.    Quickflips. Not sure what you mean here. It is difficult to recruit Other People’s Money in the first place. But when I do I normally repair the property. UNLESS it is in a different state. For those I either buy them myself or sell them for a 2500 profit. I’ve done a few of them with OPM but I’m not enjoying that process so much.    I generally flip three and use the proceeds to buy a rental. There have been occasions where a “flip” didn’t sell and we had to turn it into a rental. Those don’t always cash flow well, but we do what we can. If you can get at least 1% of your total acquisition (purchase and initial repairs) in rent each month, it should be a pretty good rental. There are other criteria besides the numbers, however.    I want inexpensive houses in working class neighborhoods for the most part. I have accidentally had “executive level” rentals in nice neighborhoods where I just couldn’t get the properties sold. Even though the returns weren’t great I had a better quality of tenant. I still tend to want to pay less per door for rentals. The cash on cash return is better and the risk is spread out.    Talk to a lot of agents. But don’t be under any illusion. The good agents won’t want to take the time to help you find deals - they are too busy because they are good. Newer, hungry agents are likely to be a good fit for this. But they may not be all that great at selling the home.    I think the best local lists will come from lawclerkondemand.com. But I also get strong lists from Karen Anderson. karenandersonmarketing@gmail.com.    The first thing we are doing is assessing the seller’s motivation. If it is high, we want an appointment sometime today at the house. If it’s medium, we will fit them in. If it’s low we make an offer over the phone.  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “As a young man I was scornful about the supernatural but as I have got older, the sharp line that divided the credible from the incredible has tended to blur; I am aware that the whole world is slightly incredible” -Colin Wilson  

Quick question: What is a property worth? Answer: What someone is willing to pay for it. That answer is truthful, but it doesn’t always end up being “correct.” That’s because few people pay cash for real estate. When you borrow money the lender is going to protect their interests by ordering an appraisal. They will contact a licensed appraiser who will examine the property, compare it to nearby similar properties for sale or that have been sold, and will prepare a report that reflects his or her opinion of value. Although it is an opinion, it carries weight with the lender. In fact the lender will almost completely disregard what the buyer is willing to pay for the property if the appraiser has a different opinion.   This makes the appraiser an important piece of the puzzle. And it’s a piece over which you have no control. I was in this business when we could still choose an appraiser and I watched them get pressured into justifying higher prices than should have been reasonable. Since the collapse of 2008 and the passage of Dodd-Frank, appraisers are now selected from a blind pool by the lender and no one in the process is allowed to pressure or influence the appraiser. Although this system has its flaws, it’s probably better than the previous.    So you’re going to have an appraiser and this piece is outside your control. It would be a good idea if you knew what an appraiser was thinking before you BOUGHT the property right? That’s what we are going to do for you today. We are going to help you get inside the mind of an appraiser.    Scott Murphy is joining us in a few minutes. Mr. Murphy has been appraising real estate since 1985. In 1993 he earned his SRA designation from the Appraisal Institute – a credential earned by less than 1% of the appraiser population.   In 1996 he established D. S. Murphy & Associates and has grown the firm to have over 70 associates – servicing Georgia, North Carolina, South Carolina, Tennessee, Florida and California.   In 2004, Mr. Murphy was appointed by Gov Perdue to the Georgia Real Estate Appraisers Board where he is actively working to improve the laws and more closely regulate appraisers in Georgia. He has served as the Chairman of the Georgia Real Estate Appraisers Board for the past four years.   He is an active member of the Appraisal Institute, the National Associates of Realtors, the Northeast Metro Atlanta Board of Realtors and the Georgia Real Estate Fraud Prevention and Awareness Coalition.   Also coming up - it might be getting harder for your buyers to get a loan. And I have unbelievable news about recent home sales. They are both up AND down. I’ll have the coverage and explain shortly. And folks this is as close as we get to genuine hilarity in the world of real estate so decide now you’re just going to laugh about it with me.    And Ben Carson is working on affordable housing. I’ll have that story today also. 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.  Guest: Scott Murphy www.Dsmurphy.com  877-507-3432 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: https://www.realtor.com/news/real-estate-news/why-it-could-get-more-difficult-for-americans-to-get-approved-for-a-mortgage/ https://www.realtor.com/news/real-estate-news/pending-home-sales-rise-in-june-helped-by-western-gains/ https://www.realtor.com/news/real-estate-news/u-s-new-home-sales-picked-up-in-june/ https://www.realtor.com/news/real-estate-news/u-s-existing-home-sales-decreased-1-7-in-june/ https://www.realtor.com/news/real-estate-news/pending-home-sales-roar-higher-but-are-stuck-below-year-ago-levels/ https://www.realtor.com/news/real-estate-news/u-s-new-home-sales-fell-for-second-straight-month-in-may/ https://www.realtor.com/news/real-estate-news/trump-administration-to-take-on-local-housing-barriers/ https://www.housingwire.com/articles/49777-hud-city-of-los-angeles-reach-landmark-settlement-in-accessible-housing-dispute https://www.housingwire.com/articles/49767-this-is-how-grocery-chains-affect-a-homes-value 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   “A thousand candles can be lit from the light of one candle and life of the candle will not be shortened. Happiness will never be decreased by being shared.” - Buddha   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, appraisals, real estate appraisals

A little over a year ago while going through the mix of show research I came across a story from a small local newspaper called the Flathead Beacon. My first thought was flathead as in the engine. My next thought was “fathead” which was an insult my brothers and I used to trade. But this must be a geographic area with which I was not familiar. So I clicked the link and introduced myself to a section of the great northwest I had not previously known and Kalispell, Montana, population 22,000.  The newspaper has a regular real estate column providing us with stats on local sales and the area market. It’s well researched and well written and I noticed that the author was not only a realtor but also a real estate researcher. So I decided to include a check-in on Kalispell as one way of keeping my finger on the pulse of the real estate market around the US. Then sometimes last year Mr. Dews published an article, which I referenced on the show, showing a statistical link between the placement of various numerals in the pricing of a property correlated to how well the property sold - how quickly and how close to listing price. I was fascinated by the premise and as I read the article it became clear to me that this guy - Richard Dews - was incredibly nerdy, extremely thorough, and I think had a dry sense of humor. At least I believed the article was meant to be taken as humorous. I told my team, “we need to get this guy on the show sometime” not quite really meaning it. But in the past few months as I continue to monitor the Beacon I decided we really do need him on the show. A little research and a conversation with a somewhat disbelieving Richard Dews and here we are.  Richard has done a lot of things in his career, much of it having to do with technology. I’m going to let him tell you his story in a few minutes. He is now the CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company. His latest story tells us which day of the week most properties go under contract (hint: it’s not Friday, but you wish is were Saturday).  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.  Guest: Richard Dews 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: https://flatheadbeacon.com/2019/07/31/real-estate-market-trends-60/ https://www.housingwire.com/articles/49769-ftc-promises-equifax-victims-who-want-the-125-offer-you-will-be-disappointed https://www.corelogic.com/insights-download/the-marketpulse-report.aspx Your Questions: Send emails to questions@rogerblankenship.com Paul, Minneaoplis, MN “Can you connect me with a funding source to develop a subdivision?” Suzanne, Boulder, CO “Do you know any apartment lenders?” Isabelle, Tampa, FL “I’m looking for funding for a mixed use project that would include office, maker space, and residential. Do you know any potential funding partners?” Joseph, Long Beach, CA “I have a number of apartment building projects around the country that I need funds for. Are you interested?” Eva, Washington DC, “I just heard your show for the first time. You say that the DC market is hot and I believe you, but this is a large area that spreads across a couple of states. Can you be more specific about the hot areas? http://bit.ly/getprivyprogram Sanders, Indianapolis, IN, “Can you help with my analysis of an apartment complex?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “A thousand candles can be lit from the light of one candle and life of the candle will not be shortened. Happiness will never be decreased by being shared.” - Buddha  

FAR 273 Nick Raithel Opening: Nick Raithel is the creator of the 7-Hour Book. This proven system allows any real estate investor to get their own professionally-published book while spending only 7 hours of their time on it. With the 7-Hour Book, Nick is on a mission to help investors and others in real estate finally get the recognition they deserve. Time and again, he’s seen those in nearly every community who have incredible stories and knowledge to share. A book is the ultimate way for them to share their insights and, in doing so, attract new business and investment opportunities. Yet the issue always seems to be that no one has any time.    Seeing this, Nick combined advanced time management strategies with his own experiences in publishing and marketing. The result was the 7-Hour Book, a service that’s been delighting clients ever since. 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.  Guest: Nick Raithel http://contentcorps.net/ 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: https://magazine.realtor/daily-news/2019/07/31/what-the-fed-s-rate-cut-means-for-your-buyers https://magazine.realtor/daily-news/2019/07/31/renovations-with-the-worst-roi https://magazine.realtor/daily-news/2019/07/31/10-most-affordable-lake-towns https://www.cnbc.com/video/2019/07/30/real-estate-compass-ceo-squawk-box.html https://www.cnbc.com/2019/07/31/this-state-is-home-to-the-best-cities-for-renters.html https://www.cnbc.com/2019/07/30/sp-case-shiller-may-2019.html https://www.housingwire.com/articles/49737-real-estate-lending-platform-groundfloor-raises-3-million-through-crowdfunding https://www.housingwire.com/articles/49749-td-banks-customer-centric-approach-relies-on-tech-powerhouse-roostify https://www.youtube.com/watch?v=MvgN5gCuLac Your Questions: Send emails to questions@rogerblankenship.com Donald, Harrisburg, PA, “I’ve listened to your show for awhile now and my city, Harrisburg, has never made any of your lists. It seems ok to me, but I’ve lived here all my life. I want to own some rentals and would like to flip a few. Where should I be looking” Manuel, San Antonio, TX, “I am a house painter who wants to be flipping houses. It seems like I should be painting all my houses with my crew, but after listening to you talk about hiring people, it’s like maybe I shouldn’t paint them myself. I don’t understand.” Suzanne, Alpharetta, GA “How many rental houses should I own before hiring management?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” Jimmy Dean  

I was asked about three years ago if vacation rentals were a good idea and my answer was based on the numbers at the time. My answer was “only if you want a vacation home and want a little help defraying some of the expenses.” I did not believe it to be a money-maker. That all changed - probably within the next 18 months as short-term rental sites such as VRBO, HomeAway and AirBnB took over. AirBnB dominates this industry and provides an interesting alternative for travelers while at the same time represents significant earning potential for the owners and operators.    The growth of AirBnB and in fact this entire industry has been phenomenal and it seems that the company founders have handled this explosion with a good plan, solid management, and responsive leadership.    But it hasn’t been and isn’t going to be problem free. Some of the neighbors to these properties have begun expressing concern, filing complaints with governing bodies, and even worked to get an outright ban on the short-term rental industry. This poses some interesting legal questions in terms of private property rights and has set the stage for battles that may take years to resolve.    Short term owners are uniting to fight back. Joining me today are Pat Odell, Executive Director of STROAGA, the Short Term Rental Owners Association of Georgia and one of her Board members, Rich Munroe, who was on the show recently. This group was formed to be an advocacy group seeking balance, reason, and respect for property rights in defense of the short term rental industry. They will join us shortly.    I have some questions stacked up to answer and we are going to get to some of them today as well.  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.  Guest: Pat Odell and Rich Munroe STROAGA.org edstroag@gmail.com Lawsuit mentioned: May vs Morgan Matt Dollar Cobb County GA   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: Your Questions: Send emails to questions@rogerblankenship.com Alana, Phoenix, AZ, “I have a property under contract and with three days to go until closing my seller notified me that they are cancelling the agreement and going with another offer. Can they do that?”  Alison, Milwaukee, WI, “What do you look for in a Property Management company?” Character and reputation Not necessarily the lowest fees, but not more than 10% either.  Do they have in-house repair crew? (that’s a no-go) Will they give me the option to make repairs with my crew? (ok then) What is their reporting procedure? How do they handle late payments? What happens when they evict? They handle the eviction. If in the first 12 months, do they offer a break or discount on placement fee of new tenant? (kind of important) We have sent you our free guide to hiring Property Management. Garrett, Boulder, CO, “I think my property is priced correctly but it’s not showing. What could I be doing to market it better?” Utembe, Minneapolis, MN, “Can you put me on your VIP buyers’ list for the inexpensive houses?” (I need you to go to bit.ly/inexpensivehomes and click the link there. That will put you on the list.) Serena, Jacksonville, FL, “I’m about to buy a property to put into AirBnB service. I am concerned about the future with all of the legal issues coming up. What would you do in this situation?” Rashidi, Marietta, OH, “I am looking at an older house to buy and got ahold of the survey. The house appears to be sitting about 8 feet in front of the setback line from the street. I look up and down the street and this house is no closer to the street than any of the others. How can the survey be correct? And if I buy this property will I have to tear it down or will I be allowed to expand it. I was going to take the roof off, put on a second floor.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I will love the light for it shows me the way, yet I will endure the darkness because it shows me the stars.” - Og Mandino  

Three years ago he was a Management Consultant who wanted to get involved in real estate investing. Two and half years ago he dove in, and now he’s already done 100+ deals and not one of them in the town where he lives. His name is Steven Pesavento and we are going to tell his incredible story today. Stay tuned to find out how he did it and how he’s doing it.    Just to prove that Americans do not have a monopoly on stupid ideas, rent controls may be coming to London. I’ll have that story.    Also, if you are investing in real estate with an eye to the future and you believe global warming is a thing, I’m going to tell you the top TEN cities where you need to buy up everything a few miles inland so your children can enjoy owning coastal property.    And are you ready for this? Amazon is getting into the real estate business. Watch out Zillow!   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.  Guest: Steven Pesavento TheInvestorMindset.com https://www.investormindsetsummit.com/tickets   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: Rent controls in London! https://www.cnbc.com/2019/07/19/mayor-of-london-sadiq-khan-wants-rent-controls-in-london.html https://www.cnbc.com/2019/07/18/10-cities-could-lose-34-billion-plus-in-housing-to-floods-by-2050.html I’m just kidding about buying inland. We’ve proven we know how to live in cities built below sea level. Or at sea level. If and when it happens we will figure it out.  Baku, Azerbaijan Amsterdam New Orleans Copenhagen Singapore Santo Domingo, Dominican Republic But think about this - What if global warming causes there to be enough water to re-irrigate the Sahara desert? It might not be all bad, gloom and doom.  https://www.cnbc.com/2019/07/22/amazon-partners-with-realogy-dipping-its-toes-deeper-into-real-estate.html Your Questions: Send emails to questions@rogerblankenship.com Alana, Phoenix, AZ, “I have a property under contract and with three days to go until closing my seller notified me that they are cancelling the agreement and going with another offer. Can they do that?”  Alison, Milwaukee, WI, “What do you look for in a Property Management company?” Character and reputation Not necessarily the lowest fees, but not more than 10% either.  Do they have in-house repair crew? (that’s a no-go) Will they give me the option to make repairs with my crew? (ok then) What is their reporting procedure? How do they handle late payments? What happens when they evict? They handle the eviction. If in the first 12 months, do they offer a break or discount on placement fee of new tenant? (kind of important) We have sent you our free guide to hiring Property Management. Garrett, Boulder, CO, “I think my property is priced correctly but it’s not showing. What could I be doing to market it better?” Utembe, Minneapolis, MN, “Can you put me on your VIP buyers’ list for the inexpensive houses?” (I need you to go to bit.ly/inexpensivehomes and click the link there. That will put you on the list.) Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Whether you think you can or you think you can’t, you are right.” - Henry Ford  

He was a Civil Engineer who wanted to be in real estate. So he went right out and bought a multi-family in one of the toughest neighborhoods in town, on a street filled with drug dealers, crime, and decay. But he turned his building around. Then used his influence to turn the street around. All without the use of force, without confrontation, and with dramatically positive results. You have to hear the story today of Al Williams. He’s the author of two books, “40 Ways to Increase the Net Income of Your Rental Property.” Paperback $18.97 and Building Wealth with Inner City Rentals, paperback $16.97. Both available on Amazon.    Al practices what he calls landlord leadership in Oak Park, an inner city suburb in the middle of Sacramento, California. See the show notes and you will be able to contact.    (You can reach Al at: P.O. Box 188491, Sacramento, CA 95818, al@leadinglandlord.com)   Also coming up, Vacancies in single family homes are near an all time high, but demand for multi-family is skyrocketing. Millenials are buying homes to a degree, but many are preferring rentals.    Also in the news, mortgage rates moved - which way? I’ll tell you in a minute and you might find it funny. I did. In other news, Zillow and Compassed have kissed and made up. Their mutual lawsuit has been settled.    And investors are moving up in the world. Since I’ve been paying attention real estate investors have accounted for about 5% of home purchases every year. Last year the number was very different - I’ll tell you how different and offer a couple of reasons why.  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.  Guest: Al Williamson He has a mind for making money and a heart for making cities a better place to live.  Book: “40 Ways to Increase the Net Income of Your Rental Property.” Paperback $18.97 Book: “Building Wealth with Inner City Rentals,” paperback $16.97.  Both books are free if you are a Kindle Unlimited member.    Leadinglandlord.com   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: https://www.cnbc.com/video/2019/07/19/vacancies-remain-at-epidemic-levels-in-some-us-cities-axios-managing-editor.html https://www.cnbc.com/2019/07/08/rental-demand-soars-as-more-millennials-say-its-cheaper-than-owning-home.html https://www.realtor.com/news/real-estate-news/investors-are-buying-more-of-the-u-s-housing-market-than-ever-before/ up around 11% last year. Historically 5%. https://www.realtor.com/news/real-estate-news/mortgage-rates-are-moving-sideways-will-they-fall-from-here/ Hilarious non-headline. Is that another way of saying they stayed the same? (Hint: yes). Seriously tho - they may be about to come down and they are already lower than we projected. I’m man enough to admit when I missed a called. Previously I had predicted rates would reach 5% this year. I was wrong. They might get below 3.5% which is staggering to me.  Don’t buy the Facebook Libra coins. Just don’t. They don’t come out until sometime next year but fake sites are selling them already.  https://www.pcmag.com/news/369699/watch-out-for-libra-scams-claiming-you-can-buy-the-cryptocur?utm_source=email&utm_campaign=whatsnewnow&utm_medium=title Your Questions: Send emails to questions@rogerblankenship.com MaryAnn, Morgantown, WV, “I am having trouble getting a hard money loan or a private money loan because I have no experience. Please tell me what I can do.” Sidney, Lancaster, PA, “I can buy a duplex that will bring 1500/month in rents for $150,000 or I can buy a single family for $120,000 that will bring 1200/month. They both seem to be the same in terms of the return. The duplex seems like more work. What are some other things I need to be thinking about to decide which? Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Opportunity is missed by most people because it is dressed up in overalls and looks like work.” - Thomas Edison  

FAR 269 Mark Kenney Think Multi-Family Opening: One of the best ways to own income producing property is to own multi-family.  Increased Cash Flow Easier Property Management Multifamily Properties Hold Their Value Tax Breaks Better Loan Opportunities Multifamily REITs Demand Projected to Increase Over the next couple of weeks we are going to do some segments on multifamily investing and I have a strong lineup of players coming on the show to talk with me about it. Mark Kenney from Think Multifamily is joining us today and he will be along in a few minutes.  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: https://www.mashvisor.com/blog/investing-in-multi-family-homes-2019/ https://andersonadvisors.com/8-reasons-to-invest-in-multifamily-housing/ https://cashflowdiary.com/blog/real-estate/multi-family-properties/investing-in-multi-family-properties/ https://www.realized1031.com/blog/is-multifamily-a-logical-investment https://www.fortunebuilders.com/multifamily-investment-property/ https://lyonstahl.com/real-estate/top-5-reasons-invest-multi-family-property/ https://arbor.com/blog/spotlight-top-markets-small-asset-multifamily/?utm_medium=google&utm_campaign=chatter&utm_source=GoogleCPC&gclid=Cj0KCQjw1MXpBRDjARIsAHtdN-3W4b7HhBqX_gbV9R57YBeuK3YmkwTTwyEuZDyrUd_iYAm4PZm7M34aAsIpEALw_wcB https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property https://www.thebalancesmb.com/economy-of-scale-in-multi-family-real-estate-investment-2867042 https://www.nreionline.com/multifamily/ranking-top-multifamily-markets https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/ https://magazine.realtor/daily-news/2019/07/18/housing-could-turn-around-weakening-economy Your Questions: Send emails to questions@rogerblankenship.com David, Atlanta “My flip project isn’t going to sell for what I thought when I bought it. The market is softening. What do I do?” David has a HM loan in place Monica, Gainesville, “I haven’t been able to sell my flip. What can I do?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “Opportunity is missed by most people because it is dressed up in overalls and looks like work.” - Thomas Edison   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America

FAR 268 Notes Rich Munroe AirBnb Opening: Short Term rentals are a hot topic right now. Today we are doing the first of a two part series on them with a focus on AirBnB. Our guest is Superhost Rich Munroe of Diamond Edge Properties. He has his own properties and manages properties for other AirBnB hosts. He’s coming along shortly to discuss the ins and outs of short term rentals and help us understand the amazing potential of this investing method.  And do you know what an AVM is? You should, because it’s about to be involved of 70% of single family home transactions. The acronym stands for Automated Valuation Model. The problem is - AVMs are generally unreliable and can often create problems rather than solve them. I will explain.  Realogy is back in the news - this time not about their lawsuit against Compass. This time they have trouble of their own. Purplebricks is closing shop in the US, and we have an engagement announcement - Redfin and OpenDoor have announced a joint project in two cities. What that is and what it means to you is coming up.  Plus if we have time I’m going to share with you some towns that will pay you to live there and a few places you can get FREE land.  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: https://www.housingwire.com/articles/49547-opendoor-and-redfin-join-forces-to-begin-buying-houses-in-phoenix-and-atlanta https://www.housingwire.com/articles/49508-flat-fee-real-estate-agency-purplebricks-shuttering-us-business https://www.housingwire.com/articles/49506-expert-avms-will-soon-represent-70-of-valuations https://flatheadbeacon.com/2019/04/24/real-estate-market-trends-47/ https://smartasset.com/mortgage/us-cities-that-will-pay-you-to-live-there https://www.aol.com/2010/10/19/click-here-for-free-land-five-places-where-land-is-free/ Motivational Thoughts for the day   “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” - Colin Powell   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America

FAR 267 Information Overload Opening: It’s time today to catch up on the news and some of your questions. Breaking news isn’t exactly an every day experience in real estate, but that can be a good thing. I’ve got some updates today on foreclosure rates around the country, a pretty good article on why we aren’t seeing many foreclosures, where to expect a bump in foreclosures over the next six months, plus answers to many of your questions all coming up.  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: https://www.housingwire.com/articles/49529-realogy-suing-compass-for-unfair-business-practices-illegal-schemes Note the click bait headlines at the bottom of the page. Which ones did I click on? https://www.housingwire.com/articles/49525-new-bill-slashes-fha-mortgage-insurance-for-first-time-homebuyers It’s a .25% discount. NOT A 25% discount. The idea is sound but the incentive is too small to make a difference? https://www.housingwire.com/articles/49528-fed-chairman-powell-tells-congress-he-would-ignore-trump-if-fired He’s appointed to a four-year term. Most fed chairs do things the President doesn’t like. Their job is to rein in inflation. The Pres wants the economy roaring.  The foreclosure and default rate are at the lowest rate in 20 years. https://www.corelogic.com/blog/2019/07/how-low-can-it-go-overall-delinquency-rate-lowest-in-more-than-20-years.aspx Why is the foreclosure rate so low? https://www.corelogic.com/blog/2019/07/expiration-of-the-cfpbs-qualified-mortgage-gse-patch-part-1.aspx It’s disaster time  - man-made and natural. Wild Fires and hurricanes. https://www.corelogic.com/blog/2019/07/wildfires-and-housing-markets.aspx https://realestate.usnews.com/real-estate/articles/5-house-flipping-mistakes-to-avoid https://www.cnbc.com/2019/07/11/feds-powell-trump-tariffs-immigration-policies-hit-us-homebuilders.html Your Questions: Send emails to questions@rogerblankenship.com Follow up from James in Rochester - he bought two of my houses. If you are interested, email roger@rogerblankenship.com.  MerryLynn, Milwaukee, WI “I am thinking of buying a condo to use for AirBnB. But the building a block away just banned owners from using AirBnB. Can they do that? And what would I do if they banned it in my building?” Samuel, Long Beach, CA “My flip is in a real hipster area. Should I do the wild colors I’m seeing up and down the street or be more neutral? I’m not sure how to go in-between.” Elizabeth, Denver CO, “Can you flip apartments?” Milo, Columbus, OH, “Someone told me the Columbus market is hot. So tell me why my flip property isn’t selling? It’s the only rehabbed house in the neighborhood so it’s price well above the other houses, but it should sell anyway right?” Motivational Thoughts for the day   “If you’re not making mistakes, then you’re not doing anything. I’m positive that a doer makes mistakes.” -John Wooden   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America

FAR 266 Seth Williams, REI Tipster Opening: Today we are being joined by Seth Williams of REI Tipster. Seth is a land investor and has a compelling argument for investing simply land. Land can create income as you flip it and passive income as you sell with owner financing. There is a world of possibility awaiting you as you dive in to this topic. Our conversation with him is coming up shortly. But I also have an extended set of questions about Subject-To purchasing so I’m going to jump right in and address this 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 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.   Special Guest: Seth Williams, REI Tipster https://retipster.com/ https://retipster.club/   Your Questions: Send emails to questions@rogerblankenship.com From Kay in Atlanta, I have a few questions about Subject 2 and I am hopeful that you can assist me. My partner Kathy P... spoke with a potential client which we plan to meet up with on Monday. We will like to proceed with a subject 2. 1) The owner divorced and was awared the home. The ex-wife  did a quit deed so the husband has a limited warranty deed in his name.  But the ex-wife's name is on the loan. The husband was given 1 yr  as of November 2018 get her name off the loan. The home is  heading into forclosure which they do not want to happen. A)Is there paperwork we can have the ex-wife sign to protect ourselves, having her acknowledging that she is aware we are taking over pmt. And her name will stay on the loan until the ex- husband assumes or refinance  the loan? How do we protect ourselves? B) How do we take ownership on the warranty deed? Do we put in our company name? Do we keep the owner's name c/o our company name. Do we put deed in out personal names? Do we put deed in a land trust?   C ) Getting insurance on the property.  What step do we have to take for home insurance since the owner policy will only be good for 30 days after the transfer. I hope that you can assist us with our questions.  Great Questions: Is this going into the August foreclosure sale? If so you have time, but you need to move quickly.  Do you have a real estate attorney? You need one who is accustomed to dealing with investors and familiar with the Subject-To process. Craig Halperin is a friend and he can help if you don’t already have one.  Meet with the man and write down everything in plain English you are agreeing too. Craig will translate that into a formal contract you can sign at closing. You’ll need to be prepared to pay him for the closing costs.  Do you know whether the ex-wife is in the mood to cooperate? If she will,you have until the end of October to sell the property unless she is willing to agree in writing to extend the deadline. I’ll be surprised if she agrees to that - she probably wants out. But if she doesn’t need to buy a home right now, she could possibly be incentivized to extend (i.e. small monthly payment or something).  He will not be able to re-finance the loan once he has turned it over to you.  Once the property is in your name you may be able to re-finance into your name, depending on your credit and other qualifications.  Take possession in your company name.  Get insurance based on your intended use of the property. Rental and flips get different policies. Your insurance professional will guide you. Cancel the homeowner’s insurance as soon as you can. Provide on-going proof of insurance to the lender so they don’t do a force placed policy. Be careful what you say to the lender.  9. I cover sub-to in my Ultimate Course. It takes about 30 days to get that far in the course. That’s if you watch one 10-min video every day. You can use a land trust but they are somewhat over-rated in terms of protecting you from the Due Upon Sale Clause. Call Question: James from Rochester NY. “I’m a roofer and I want to buy a couple of your houses in Toledo and Saginaw, but I also want to know if you are planning to get more of these. I’m coming into some money this summer and I want to buy about 40.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “If you’re not making mistakes, then you’re not doing anything. I’m positive that a doer makes mistakes.” -John Wooden   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

FAR 262 Know your Why Nots! A lot ot talk, several books, and valuable minutes of nearly every self-help seminar conducted in the past 10 years have been devoted to the topic of “Knowing Your Why.” It’s a trend for a good reason. It’s important to know your Why and it’s important to get beyond trivial things like “money” and “the stuff you buy with money.” I value and salute the idea of “knowing your Why.” But today I’m going to balance that with not a competing, but complementary idea. “Know Your Why Not.”  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: https://www.attomdata.com/news/market-trends/figuresfriday/how-much-do-you-need-to-earn-to-buy-a-home-near-you/ https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2019-u-s-home-affordability-report/ https://www.attomdata.com/news/market-trends/may-2019-u-s-foreclosure-market-report/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-markets-where-home-flippers-are-flipping/ Topic: Know Your “Why Not” A lot ot talk, several books, and valuable minutes of nearly every self-help seminar conducted in the past 10 years have been devoted to the topic of “Knowing Your Why.” It’s a trend for a good reason. It’s important to know your Why and it’s important to get beyond trivial things like “money” and “the stuff you buy with money.” I value and salute the idea of “knowing your Why.” But today I’m going to balance that with not a competing, but complementary idea. “Know Your Why Not.”    I mean Why Not in a couple of different ways. In the first section I’m going to talk about “Why Not” in terms of reasons why you should NOT pursue something. Then in Part Two I’ll talk about “Why Not” in the sense of, well, why not? Why not go ahead with whatever…? These principles can apply to your ideas, your life choices, your career, your education, even your life partner. Bookmark this so you can come back to it when you face a significant decision.    Why Not Part One: It doesn’t fit YOU. Requires something from you that you don’t have Personality type Maneuverability (think on your feet, adjust course as you go) Detail orientation Relational skills Skill set Ideation Follow-through Requires something you don’t do well Sedentary vs Active Travel vs Stay home Early vs late hours  Tied to a location vs Free to roam Requires a life-style you don’t want It’s too new (ideas you had in the past 24 hours) Risks - How can this come back to kick me in the fanny? How realistic the Opportunity is. “If I could just get 1 million people to give me a dollar…” Implementation You don’t fully understand it. Fear of loss?  Limited time opportunity? Short-cut? Greed? Vanity? Would your reason for doing this be consistent with your purpose in life? Your motivation is suspect   Why Not, Part Two What do you have to lose? No really, think about what you can lose here. Time Money Relationship(s) Reputation More than Pros and Cons, weight the items by their importance and look at the score.  Is this something you can “dip a toe in” to test? Ease in gradually before going all in? With projects, it’s usually pass or fail, but you don’t know what you don’t know and you don’t know what you might learn that could lead you to the next thing. With people there are multiple variables. You don’t know who you don’t know or who you might meet and how that might take you to the next person. Are there multiple unknown outcomes? Could there be several possible results? What happens if I take this to an extreme (unrealistic and sometimes illogical, but sometimes helpful). Does this put me in a position to make a positive move or draw closer to one of my ultimate goals? If I go for it, how long before I can back away if not working? What’s my commitment? Your Questions: Send emails to questions@rogerblankenship.com From Kay in Atlanta, I have a few questions about Subject 2 and I am hopeful that you can assist me. My partner Kathy P... spoke with a potential client which we plan to meet up with on Monday. We will like to proceed with a subject 2. 1) The owner divorced and was awared the home. The ex-wife  did a quit deed so the husband has a limited warranty deed in his name.  But the ex-wife's name is on the loan. The husband was given 1 yr  as of November 2018 get her name off the loan. The home is  heading into forclosure which they do not want to happen. A)Is there paperwork we can have the ex-wife sign to protect ourselves, having her acknowledging that she is aware we are taking over pmt. And her name will stay on the loan until the ex- husband assumes or refinance  the loan? How do we protect ourselves? B) How do we take ownership on the warranty deed? Do we put in our company name? Do we keep the owner's name c/o our company name. Do we put deed in out personal names? Do we put deed in a land trust?   C ) Getting insurance on the property.  What step do we have to take for home insurance since the owner policy will only be good for 30 days after the transfer. I hope that you can assist us with our questions.  Is this going into the August foreclosure sale? If so you have time, but you need to move quickly.  Great Questions: 1. Do you have a real estate attorney? You need one who is accustomed to dealing with investors and familiar with the Subject-To process. Craig Halperin is a friend and he can help if you don’t already have one.  2. Meet with the man and write down everything in plain English you are agreeing too. Craig will translate that into a formal contract you can sign at closing. You’ll need to be prepared to pay him for the closing costs.  3. Do you know whether the ex-wife is in the mood to cooperate? If she will,you have until the end of October to sell the property unless she is willing to agree in writing to extend the deadline. I’ll be surprised if she agrees to that - she probably wants out. But if she doesn’t need to buy a home right now, she could possibly be incentivized to extend (i.e. small monthly payment or something).  4. He will not be able to re-finance the loan once he has turned it over to you.  5. Once the property is in your name you may be able to re-finance into your name, depending on your credit and other qualifications.  6. Take possession in your company name.  7. Get insurance based on your intended use of the property. Rental and flips get different policies. Your insurance professional will guide you. Cancel the homeowner’s insurance as soon as you can. Provide on-going proof of insurance to the lender so they don’t do a force placed policy. 8. Be careful what you say to the lender.  9. I cover sub-to in my Ultimate Course. It takes about 30 days to get that far in the course. That’s if you watch one 10-min video every day. You can use a land trust but they are somewhat over-rated in terms of protecting you from the Due Upon Sale Clause.  Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “One Half of knowing what you want is knowing what you must give up before you get it.” - Sidney Howard    

FAR 265 Opening: Show me the MONEY! Of course this is one of the more famous movie lines ever from Jerry Macguire. I know many people get involved in real estate after listening to late night infomercials about “no money down” investing and how you can buy real estate with no credit, none of your own money and so on. These deals do exist but you might have to stumble over 100 good deals to find one. Those 100 deals require some money. And that money can ONLY come from one of two sources: YOU or SOMEONE ELSE. Most of us, when we get started are using money from someone else. It can be a friend, family member, or a lender, but most of us just do not have cash lying around to buy a property.  So how do you find the money and what is the best money to find? Our guest today is Susan Lassiter-Lyons and she is the author of the best-selling book “Getting the Money”. She’s coming along in a few minutes to lay some insight on us.  Plus we’ve got the news. Attom Data has released the first quarter home flipping report and I’ll be dissecting it for you later. And housing affordability is still in the news - the federal government has taken notice and is taking action. Flipping America is in the news also - more in a minute... 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.  Real Estate News- Flipping America Meetup hits a milestone - Official membership crossed the 7000 threshold last month and now stands at 7068. Our groups have hosted 1095 events since we started. We are now doing at least two events every week and one of them could soon be in your town. Contact Carly@rogerblankenship.com if you are interested in seeing us in your town.  https://www.housingwire.com/articles/49485-most-homebuyers-would-sacrifice-a-big-yard-for-a-shorter-commute-realtorcom-says Top Ten worst commutes:  American Avg. 26.9 min 10. Philadelphia - 32 10. Seattle - 32 8. Los Angeles -33 8. Miami - 33 6. Atlanta - 35 6. Chicago - 35 4. San Francisco - 36 2. Boston - 40 2. New York - 40 1. Washington DC - 41 https://www.housingwire.com/articles/49458-harvard-theres-a-housing-shortage-and-its-eroding-affordability Harvard Study creates basic profile of new Homebuyer: Age: under 35 Ethnicity: white Marital status: married Children: yes Type of property selected: detached, single-family home Square-footage of property selected: less than 1,500 Average home price: less than $200,000 https://www.housingwire.com/blogs/7-pulse/post/49493-pulse-affordable-housing-issues-are-stymying-the-mortgage-market-but-change-is-on-the-wayb  https://www.attomdata.com/news/market-trends/flipping/q1-2019-home-flipping-report/ 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.   Special Guest: Susan Lassiter-Lyons, author, “Getting The Money” https://www.amazon.com/Getting-Money-Simple-System-Private-ebook/dp/B00SLKXZNU/ref=sr_1_2?crid=2E0Q1CXIVSCDU&keywords=getting+the+money+by+susan+lassiter-lyons&qid=1562337505&s=gateway&sprefix=getting+the+money%2Caps%2C119&sr=8-2 Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I’m always doing that which I cannot do in order that I may learn how to do it.” - Pablo Picasso   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, private money

Today we are talking Pittsburgh Pennsylvania in our Market Focus. Coming up we are going to zero in on the Pittsburgh market and I talk to four of the movers and shakers getting it done in Steel City USA. The economy is roaring, the real estate market is hot, home prices are up and continue to increase, everything is looking rosy in Pittsburg. If you have the Flipping America app, you’ll have access to all of our research, but rather than hear me read you the research, let’s talk to the actual people. Alex Deacon, Josh Caldwell, Cindy Rack, and Ryan Scialaba are joining us now. 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.   Topic: PIttsburgh, PA Pittsburgh https://en.wikipedia.org/wiki/Pittsburgh   Market Summary: There are currently 1,451 properties in Pittsburgh, PA that are in some stage of foreclosure (default, auction or bank owned).   In April, the number of properties that received a foreclosure filing in Pittsburgh, PA was 14% lower than the previous month and 2% higher than the same time last year.    Home sales for March 2019 were up 0% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $0. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.   Population 308,003 Cost of Living Index 96.04 Crime Index 212.51 (C-) Schools 144 (C+) Household Median Income $36,019 Unemployment 4.90% Percentage of vacant homes 16.04% Foreclosures 1,451 Homes for sale 1,007 Foreclosure Rates for Pittsburgh: 1 in every 1864 Top 5 zips:  15235 - 1 in every 591 Highest rate 15204 - 1 in every 668 15223 - 1 in every 829  15210 - 1 in every 931 15218 - 1 in every 1253 Lowest rate Demographics: http://worldpopulationreview.com/us-cities/pittsburgh-population/ US Demographics: https://en.wikipedia.org/wiki/Demography_of_the_United_States   Real Estate Market Trends - Pittsburgh: http://www.noradarealestate.com/blog/pittsburgh-real-estate-market/ https://www.trulia.com/real_estate/Pittsburgh-Pennsylvania/market-trends/   USA Real Estate Market Trends https://www.globalpropertyguide.com/North-America/United-States/Price-History   The nation’s hottest housing markets https://themortgagereports.com/50802/the-nations-hottest-housing-markets-is-your-city-one-of-them   Real Estate News- Local News (Atlanta) Atlanta Fed President Bostic does not see a rate cut this year like the market is telegraphing https://www.cnbc.com/2019/05/20/atlanta-fed-president-bostic-does-not-see-a-rate-cut-this-year-like-the-market-is-telegraphing.html   Fed speakers could steal focus from trade war in week ahead https://www.cnbc.com/2019/05/17/fed-speakers-could-steal-focus-from-trade-war-in-week-ahead.html   JP Morgan slashes second-quarter GDP forecast to just 1% https://www.cnbc.com/2019/05/24/jp-morgan-slashes-second-quarter-gdp-forecast-to-just-1percent.html   Stocks close lower as tech takes brunt of trade tensions https://www.marketwatch.com/story/stocks-poised-to-start-the-week-lower-as-trade-tensions-persist-2019-05-20   National News Tech Hubs giving cities a Real Estate Boost https://www.mansionglobal.com/articles/tech-hubs-giving-cities-a-real-estate-boost-203366   Melinda Gates is funding this Wall Street rebel who is teaching women to invest and stick it to the banks https://www.cnbc.com/2019/05/23/melinda-gates-is-funding-this-wall-street-rebel-helping-women-invest.html   Home prices hit a record, as higher-end listings dominate this spring’s market https://www.cnbc.com/2019/04/04/home-prices-hit-a-new-record.html   8 affordable U.S. cities for the middle class to buy a home https://www.cnbc.com/2019/05/09/affordable-us-cities-for-the-middle-class-to-buy-a-home.html   US housing starts rose more than expected in April https://www.cnbc.com/2019/05/16/housing-starts-april-2019.html   A $1,000 Monthly Mortgage Is Real—in These 10 Bargain Cities https://www.realtor.com/news/trends/1000-a-month-mortgage-in-these-10-bargain-cities/   The Amazon Effect: Prices Up, Listings Down Near Its New HQ2 in Virginia https://www.realtor.com/news/trends/the-amazon-effect-prices-up-listings-down-near-its-new-hq2-in-virginia/   Real estate: 3 challenges facing first-time homebuyers this spring https://www.usatoday.com/story/money/2019/05/02/real-estate-market-how-buy-home-spring/3563380002/   ATTOM Data Solutions recently released its Q1 2019 Home Sales Report, which broke down various datasets on how the housing market is fairing.  https://www.attomdata.com/news/most-recent/where-my-first-time-buyers-at/   House passes bipartisan bill that will make saving for retirement easier https://www.housingwire.com/articles/49130-house-passes-bipartisan-bill-that-will-make-saving-for-retirement-easier International News Why the worst may be yet to come for stocks as trade war tensions persist https://www.cnbc.com/2019/05/27/trade-war-talks-could-fail-and-surprise-wall-street-bny-mellon-warns.html   The China trade war is leading to lower mortgage rates for American homebuyers https://www.cnbc.com/2019/05/23/china-trade-war-leads-to-lower-mortgage-rates-for-americans.html   Wall Street is becoming convinced the trade war is here to stay and will only get worse https://www.cnbc.com/2019/05/23/wall-street-is-becoming-convinced-the-trade-war-is-here-to-stay-and-will-only-get-worse.html   Celebrity surgeon went ‘all in’ on $180 million Bel Air mansion, then came the high-end housing glut https://www.cnbc.com/2019/05/22/celebrity-surgeon-goes-all-in-on-180-million-bel-air-mansion.html   Above and beyond: how 3 real estate leaders earned a referral https://www.inman.com/2019/05/27/above-and-beyond-how-3-real-estate-leaders-earned-a-referral/   Is Intercontinental International Real Estate Investment Company (ATH:INTERCO) Potentially Underrated? https://finance.yahoo.com/news/intercontinental-international-real-estate-investment-101702619.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “The Pessimist Sees Difficulty In Every Opportunity. The Optimist Sees Opportunity In Every Difficulty.” – Winston Churchill    

Lauren Kingsbury is a current senior at Hampton University.She will be graduating in December 2019; She attained her real estate license at 18 years old and affiliated with Keller Williams Preferred Properties in 2017. Currently, Lauren is a full-time student and a part-time real estate agent; she currently is working full-time real estate for the summer to acquire her first investment property in August of this year. She works on a team with her mentor/mom Tracy Goins and assists with the day to day residential real estate activities. She hosts "Millennials Moving Out: Your Guide to More Money and More Freedom" at various colleges to spark the real estate conversation with young adults and recently released a rap video about real estate to keep young adults interested in learning about the real estate market/industry. FAR 263 Lauren Kingsbury, Real Estate Baddie Link: https://realestatebaddie.com/ https://www.instagram.com/realestatebaddie/ https://www.youtube.com/watch?v=behHBIkImmo&feature=youtu.be   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: Regular Real Estate News.  Matt Lauer Looking for a Buyer for His Waterfront Estate in the Hamptons TechCrunch Founder Sells $1.6 Million House on Crypto Real Estate Platform Syracuse.com real estate update includes gas stations, Skaneateles assisted living facility Costs $200k and now you have a flight of stairs. Flood Threats Prompt Call to Raise Houses You should not be surprised that kitchens and bathrooms are in the budget! 10 Projects That Blow Fixer-Uppers’ Budgets Build-to-rent is going public! Build-to-rent housing market explodes as investors rush in Let’s blame tariffs, the global economy, and President Trump. Why not global warming? Surely that had something to do with it? New home sales sank 7.8% in May, despite a big drop in mortgage rates Are investors pricing out first-time home buyers? Doug Duncan, Fannie Mae Chief Economist, points out the wide open opportunity for builders for first-time home buyers. Most new construction is for move-up buyers. https://www.cnbc.com/video/2019/06/27/heres-what-fannie-mae-is-forecasting-for-the-housing-market.html Your Questions: Send emails to questions@rogerblankenship.com Don’t send your sales pitches to this email. Especially the really terrible “you can buy my product at a discount” with a link and NO explanation. No sales letter. If you think my team is just going to click a link in an email come on. If you have a product or service you would like for us to review, you can let us know and someone from our team will reach out to you.  Cameron, Shandria, Atlanta, GA, Eric, Jackson, Kimberly, Cassandra, Elliott, Terrence, Kenedra, and Sharon “What are the steps for getting started in this business?” Allison, Fort Worth, TX “I have a plan and I have a local mentor. I’m starting out wholesaling and hope to move on to fixing and flipping and rentals next. I am single and work from 7:30 - 3:30 each day. I don’t hate my job, but I don’t see a future in it either. How long do I need to wait before I quit?” Corey, Boulder, CO “Prices are pretty high here. Is it better if I start somewhere else?” Natalie, St. Louis, “My boyfriend and I are about 60% finished with our first flip and we are having our first major disagreement. The house is in an up and coming hipster type area and he wants to paint some pretty bold colors, both inside and outside. I know this may seem like the opposite of the stereotype, but I want the colors to be neutral. This might be relationship advice clothed as a real estate question, but what do we do?” Xander, Battle Creek, MI “It’s been tough around here for a few years, but it looks like the jobs are coming back and things may be looking bright. So I’m starting to pick up some cheap rentals. My question is about the future. What if the jobs leave again? Where would that leave me and how do I survive?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “When you know what you want, and want it bad enough, you’ll find a way to get it. – Jim Rohn”

FAR 261 We have that Stats Opening: How good is that professional athlete? Well, let’s take a look at his or her stats. What’s the batting average? What’s the shooting percentage? From 3-point range? Free Throws? What’s the yards per carry average. What’s the yards after contact average? What is the average air-speed velocity of an unladen swallow? Be the first person to write in or call with that movie reference and I’ll send you a Starbucks gift card. What’s your miles per gallon? How long is your average daily commute? On average, how many hours do you spend watching TV every day? Statistics are all around us all the time. Today I’m going to BLOW YOUR MIND with a complete set of real estate statistics. Yes I studied statistics in college AND in graduate school. At the graduate level my statistics course, FED 790, was one of my favorite courses. Not so much because of the content, but because the professor was one of the most delightful persons I have ever met. He managed to make a drudgery topic into a class I looked forward to each week. That’s no small feat, because when you are digging deeply into research summaries looking for statistical significance, errors in math, illogical assumptions, blah blah blah. I won’t make you go through any of that pain today. In fact, you don’t even have to do the research. BUT - if you get a copy of the show notes, you will have clickable links for every stat I’m about to throw at you.   First let’s do the news! News: https://www.foxnews.com/real-estate/chip-joanna-gaines-invest-10-4-million-waco-magnolia-market-expansion https://therealdeal.com/national/2019/06/23/canadas-favorite-alternative-investment-real-estate/ https://www.nydailynews.com/news/politics/ny-rikers-island-closure-real-estate-development-de-blasio-20190621-6uhjrlb2wjamvgui7moxfva6fq-story.html https://learn.g2.com/real-estate-blogs https://weartv.com/news/nation-world/florida-family-loses-77000-in-real-estate-scam https://globalnews.ca/news/5403597/wait-theres-more-money-laundering-bc/ https://realtybiznews.com/ben-carson-targets-single-family-zoning-laws/98754712/ 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 an 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.     Topic: Real Estate Statistics! Between all of the different real estate terms, types of real estate, and people that make up each sector, the industry is pretty complicated. To keep things as simple as possible, we’ve divided up the following stats into relevant sections. Residential real estate statistics Residential is what most people think of when they hear the term real estate. It refers to the types of properties that people live on – those that are not intended to be used for anything business-related. This includes single and multi-family homes, as well as condos and townhouses. As of April 2019, there have been roughly 673,000 houses sold in the US this year, which is 12.4 percent more than last year (U.S. Census Bureau, 2019). 5.34 million existing homes were sold in 2018 (down from 5.51 million in 2017). (NAR, 2018) The Midwest has the highest rates of homeownership in the nation at 68.2%, followed by the South at 66.2 percent (U.S. Census Bureau, 2019). 64.8% of U.S. citizens were homeowners in the fourth quarter of 2018 (up from 64.2% in 2017). (United States Census Bureau, 2019) 35.4%of homeowners are under 35 years of age. The age bracket with the highest rate of home ownership (78.5%) is 65 years and over (U.S. Census Bureau, 2019). Madison, WI and Grand Rapids, MI are the two most popular cities for millennial movers (National Association of Realtors, 2019). Based on buyer activity and active inventory, the hottest real estate markets in the country are in Boston, MA and Lafayette, IN (Realtor.com, 2019). Nationwide, the average sale price of a luxury home fell 1.6% in 2019 (Redfin, 2019). Across the US, the median price of a home is $267,300 (National Association of Realtors, 2019). Fishers, IN and Carmel, IN top the list of best cities for families (Apartment List, 2019). 36% of homeowners listed unexpected maintenance or repairs as their biggest regret (Zillow, 2019). The least competitive housing markets in the country are Miami, Dallas, and Houston (Redfin, 2019). The real estate industry will account for 22% of total commercial drone use by 2020 (Federal Aviation Administration, 2016). Homebuyer statistics Buying a home is no small feat. Below, you’ll find a few statistics specific to homebuyers. The average homebuyer took 73 days to close on a property after the first initial visit to the home (Redfin, 2019). 50%of buyers found their homes through the internet, while 28 percent found them through their real estate agent (National Association of Realtors, 2018). On average, buyers are spending 3 fewer days searching for homes in 2019 than the previous year (Redfin, 2019). Virtual house tours are most important to buyers that fall within the 53-71 age range (National Association of Realtors, 2018). Finding the right home tops the list for most difficult steps in the home buying process (National Association of Realtors, 2017). 33% of home buyers in 2018 were first-time home buyers. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 10 weeks was the average amount of time buyers spent searching for a home in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 14% of buyers purchased brand new homes, while 86% of buyers purchased previously lived-in homes. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Selling statistics Selling a home can be just as big of a hurdle as buying one. From getting a property listed to setting up the open house, finding qualified buyers is a feat in and of itself. Thursday is the best day to list a home. Properties listed on Thursday sell for $3,015 more than on Mondays, which are the worst days to list a home (Redfin, 2019). On average, 98% of final sale prices matched the original asking price of a property in 2019 (Redfin, 2019). This year, the median number of days that a property was on the market before an offer was accepted is 40 (Redfin, 2019). 73%of sellers are more likely to list their home with an agent who leverages video to market their property (National Association of Realtors, 2018). Staged homes sell 25% faster than non-staged homes (Coldwell Banker, 2019). Rental statistics Not everyone can afford to buy a home – that’s where renting comes in. Many residential properties are offered as rental units to tenants for non-commercial purposes. Globally, the most expensive place to rent is San Francisco where the rent averages out at $3,690 (Zumper, 2019). In 2019, Henderson, NV and Phoenix, AZ saw the fastest rent growth in the country with an increase of 4.5 and 4.1 percent, respectively (Apartment List, 2019). Across the US, the cost of renting has gone up 66 percent (Realtor.com, 2019). Troy, MI is ranked as the most affordable renting city for families (Apartment List, 2019). Only 8 percent of homeowners regret purchasing a home instead of renting (Zillow, 2019). Real estate demographic statistics It may seem like millennials are abandoning home buying in favor of renting, but these stats prove that that may not be the case. 86% of younger millennials (aged 21–28) and 52% of older millennials (aged 29–38) were first-time home buyers. Meanwhile, Generation X (people between the ages of 39–53) consisted of 24% of 2018 home buyers. 18% of younger baby boomers (people between the ages of 54–63) and 14% of older baby boomers (people between the ages of 64–72) were home buyers in 2018. 7% of home buyers belonged in the silent generation (people between the ages of 73–93), the smallest segment of home buyers in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 2020 is expected to be the peak year for millennial home buying. (Realtor.com National Housing Forecast, 2019) Millennials will account for 45% of mortgages in 2019. (Realtor.com National Housing Forecast, 2019) 25% of Generation X home buyers identified as a race other than white/Caucasian, making them the most racially and ethnically diverse population of home buyers in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 25% of home sellers in 2018 belonged in Generation X, making them the largest segment of sellers. (NAR Home Buyers and Sellers Generational Trends Report, 2019) In 2018, 63% of home buyers were married. Additionally, 18% were single females, 9% were single males, and 8% were unmarried couples. (NAR Home Buyers and Sellers Generational Trends Report, 2019) In 2018, 37% of home buyers had children under the age of 18 living at home. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Real estate financing statistics As student loans continue to ensnare the population into a collective $1.7 trillion debt, real estate financing has been impacted. Notably, home values are increasing while millions of Americans are spending more than 50% of their earnings on their home purchase. As of February 2019, the median home value in the United States is $226,300. (Zillow, 2019) United States home values have gone up 7.2% since 2018. (Zillow, 2019) The median rent price in the United States is $1,650. (Zillow, 2019) 88% of home buyers financed their home purchase. (NAR Home Buyers and Sellers Generational Trends Report, 2019) For 58% of buyers, their down payment came from their savings account. 39% of buyers financed their home using the proceeds gained from the equity of their previous residence. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 13% of all buyers cited that saving for a down payment was the most difficult step in the home buying process. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Around 50% of renters are paying more than 30% of their income on rent. (PWC Emerging Trends in Real Estate, 2019) 12 million Americans spend more than 50% of their earnings on their home purchase. (PWC Emerging Trends in Real Estate, 2019) Real estate marketing statistics Real estate agents understand the benefits of a good marketing plan. The majority of agents are using their budget for marketing efforts in 2019 in the hopes of gaining better leads. On average, 31.5% of brokers and real estate agents plan on spending more than $400 a month on real estate marketing. (Placester Real Estate Marketing Strategy Survey Report, 2018) 46.4% feel their top marketing challenge is generating enough high-quality leads. (Placester Real Estate Marketing Strategy Survey Report, 2018) 16.5% of real estate agents had success with purchased leads. (OutboundEngine Real Estate Marketing Benchmarks Report, 2017) 53.6% think adding more locally focused content to their real estate website will make it more appealing. (Placester Real Estate Marketing Strategy Survey Report, 2018) 84.6% of brokers and real estate agents use Facebook for their social media marketing efforts. (Placester Real Estate Marketing Strategy Survey Report, 2018) 30% of brokers and real estate agents want to learn more about the specific housing interests (e.g., home types) of their audience. (Placester Real Estate Marketing Strategy Survey Report, 2018) 49.5% of brokers and real estate agents want video marketing to be a big part of their marketing strategy. (Placester Real Estate Marketing Strategy Survey Report, 2018) 43.8% of real estate agents would invest in referrals if they had extra budget for marketing. (OutboundEngine Real Estate Marketing Benchmarks Report, 2017) Real estate agent statistics A real estate agent or broker is a professional that is licensed to sell property in their state. The business of buying and selling properties can be incredibly lucrative but doesn’t come without its difficulties. 49% of agents report working 40 or more hours per week, while 22% report working less than 30 hours (Placester, 2019). The largest expense for working real estate agents is transportation at around $1,370 per year (National Association of Realtors, 2019). Agents earned 17%of their business from referrals, and only 13% from returning clients (National Association of Realtors, 2019). 62% of agents spend at least one hour a day on marketing (Placester, 2019). TIP: Getting your titles mixed up? Learn the difference between a real estate broker vs agent. Commercial real estate statistics Commercial real estate refers to non-residential property that serves to generate income. This includes shopping malls, hotels, and office spaces. In 2019, the average commercial real estate sale was $1.2 million (National Association of Realtors, 2019). The total dollar volume of commercial sales in the US has decreased since 2018. In the large market (sales greater than $2.5M), sales decreased by 11%. In the small market (sales less than $2.5M), the decrease was closer to 8 percent (National Association of Realtors, 2019). Toledo, OH and Syracuse, NY have the highest rental vacancy rates in the country at 18.1% and 17.9%, respectively (National Association of Realtors, 2019). Based on annual rent, 5th Avenue in New York City has the most expensive retail rates in the world (Statista, 2019). With an average cost of $255.50 per square foot, Hong Kong is the most expensive city in the world for renting office space (Statista, 2019).   Your Questions: Send emails to questions@rogerblankenship.com Nikhil, Atlanta, GA, “Good morning. I was listening to a recorded show of FlippingAmerica. I am new to this business and getting organized before I can actively wholesale or rehab. You mentioned that you have some spreadsheet that you can share that estimates the cost of rehab. Could you please share the details?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “The dog that chases 5 rabbits catches none."-Gordon Catts

FAR 260 The University of Wealth Building Opening: Money isn’t everything. Real Estate isn’t the only thing you need to know about money. As I discussed on the last two shows, true life success is so much more than money. It’s not enough to just create a profitable business. It’s also how you live the rest of your life, connect your work with the people you love, the causes you support, and the life you want to live. Today I have a very special guest joining us. Ramon Tookes has been on the show before, but in the past few months he has launched something I believe is very important: the University of Wealth Building. This is an educational and mentoring program that I believe can have a profound impact in many lives. It’s in part because of the topics covered, but primarily due to the founder himself, Ramon Tookes. He is a man of great knowledge, practical wisdom some would call street smarts, business experience and life perspective. He brings all of that together in a beautiful mentoring program that is already making a difference. We will welcome him to the show in just a few minutes. 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 an 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.   Special Guest: Ramon Tookes Your Questions: Send emails to questions@rogerblankenship.com Multiple people: “How do you get it all done?” Great Team - not employees. VAs, Partners, GMS Planner - clear direction for each week. Technology and organizational tools. Enjoy what I do. Exercise and get plenty of rest. Terrence, Gadsden, AL, “When you buy properties far away from you, how do you get around to them to assess the repairs and then how do you get them done?” Alfred, Atlanta, GA, “Do you have a mentoring program?” Charles, Boulder, CO “I enjoy my job and listen to your show sometimes as a curiosity. I’m not interested in being in the business, but I’d like more information about investing in it, particularly if you have an opportunity. What do you have going on in that area?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I have not yet reached all my goals. And by far the most important word in that sentence is ‘yet’”. -Roger Blankenship    

FAR 256 Opening: Today we are talking about Opportunity Zones. You may have heard about them. You might have even heard they are the next BIG thing in real estate investing. They represent a tax break for real estate investors as an incentive to bring economic development to underserved areas. I had a chance to speak with Jillian Sidoti and Nancy Tegeder of the law firm of Trowbridge and Sidoti out of southern California. 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: Opportunity Zones Ram Realty CEO isn’t buying into Opportunity zones, says “Anyone who has [Opportunity Zone properties] for development thinks they’re sitting on gold, but if you are trying to underwrite and make sense of the project with today’s rents and costs, it’s very challenging for these areas” https://therealdeal.com/miami/2019/05/10/ram-realty-ceo-isnt-buying-into-opportunity-zones/   Fund sponsors and their investors began buying assets in Opportunity Zones en masse this past month, their enthusiasm triggered by the U.S. Treasury's mid-April release of a second tranche of proposed regulations for the tax-sheltering vehicles. https://financialadvisoriq.com/c/2285063/278413   U.S. Opportunity zones are incredible tax savings zone for Entrepreneurs. https://www.forbes.com/sites/theyec/2019/03/25/u-s-opportunity-zones-incredible-tax-savings-for-entrepreneurs/#42d78b9f5e6a   The U.S. Department of the Treasury and the Internal Revenue Service (IRS) designated Opportunity Zones in 18 States. https://home.treasury.gov/news/press-releases/sm0341   Top 10 opportunity zones in the US https://fundrise.com/education/blog-posts/the-top-10-opportunity-zones-in-the-united-states   Facts about Opportunity zones https://taxfoundation.org/opportunity-zones-what-we-know-and-what-we-dont/   The Opportunity zone program in New York State https://esd.ny.gov/opportunity-zones   Trump’s Opportunity zone rules deliver on investors’ wish list https://www.bloomberg.com/news/articles/2019-04-17/opportunity-zone-rules-aim-to-draw-capital-to-distressed-areas   Treasury issues second set of highly anticipated opportunity zones guidance https://home.treasury.gov/news/press-releases/sm660   In a former warehouse on a dimly lit street in the South Bronx, developers sipping Puerto Rican moonshine listened as a local official urged them to capture a new U.S. tax break by rebuilding the decaying neighborhood. https://www.investmentnews.com/article/20190115/FREE/190119959/fervor-over-opportunity-zones-heats-up   The U.S. Department of the Treasury and Internal Revenue Service (IRS) approved Michigan’s application for Opportunity Zones -- areas eligible for tax benefits aimed at spurring private investment, economic growth and jobs in the state’s distressed communities. https://www.michigan.gov/mshda/0,4641,7-141-7559_9637-465897--,00.html   Ben Carson explains benefits of investing in 'Opportunity Zones' for areas facing economic challenges https://www.foxnews.com/politics/ben-carson-opportunity-zones-low-income-americans c EXTRAS Opportunity zones resource center https://www.novoco.com/resource-centers/opportunity-zones-resource-center   Opportunity zones map tool https://www.enterprisecommunity.org/resources/opportunity-zone-eligibility-map-tool The Real Estate Opportunity Zone Meeting https://www.rclco.com/event/the-real-estate-opportunity-zone-meeting/ Speaker: Eric Willett Email: ewillett@rclco.com Phone: 310-752-9032   Special Guest: Your Questions: Send emails to questions@rogerblankenship.com Carlton, Chicago, IL “I’m getting back into investing and thinking about Atlanta. What are the opportunities I should be considering there?” Tracy, Senoia, GA “I’m interested in reserving my ZIP code on the FAN. Is it $100 for every ZIP code?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “There is no amount of money that makes time irrelevant.” -Mark Dolfini

A few days ago we got a question from Lamar asking, “What questions should new investors be asking?” We liked the question so much we decided to make an entire episode out of it. We conducted a survey online and got some interesting responses which I will share plus I will weigh in. Here’s why this is important. If you are new, you need to make sure that your first project has the best chance of succeeding. In order to do that, you must engage in risk mitigation. And how do you do that? Ask questions. Ask a lot of them. Don’t be afraid to be new. Everyone was at some point. The question may be obvious, even to you, but ask it if you don’t know or are unsure. Today I’m going to focus on questions that may not be so obvious to you, the newbie, that we all wish we WOULD have asked if we had known. Plus we have news about the world of real estate coming up in just a few minutes. 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.   Real Estate News- Local News The biggest mall owner in the US ‘can’t guarantee’ there won’t be more retail wreckage this year https://www.cnbc.com/2019/04/30/us-mall-owner-simon-property-group-reports-first-quarter-2019-earnings.html One of the most valuable malls in America is getting a makeover https://www.cnbc.com/2019/04/30/westfields-garden-state-plaza-mall-is-getting-a-makeover.html Rising rents for Millennials give rise to a new breed of lender https://www.realtor.com/news/real-estate-news/rising-rents-for-millennials-give-rise-to-a-new-breed-of-lender/ CIM Group has announced that its $5 billion development of apartments, offices, hotels and retail at The Gulch will be called Centennial Yards. https://atlantaintownpaper.com/2019/05/real-estate-briefs-gulch-project-named-centennial-yards/ National News Do you consider your home a great investment? https://www.cnbc.com/2019/05/22/do-you-consider-your-home-a-great-investment-think-again.html 26 year old millionaire investor talks about the mistakes he made while buying homes https://www.cnbc.com/2019/05/23/self-made-millionaire-investor-dont-make-the-huge-homebuying-mistake-i-made.html Home sales fell in April despite a big drop in mortgage rates https://www.cnbc.com/2019/05/21/home-sales-fell-in-april-despite-a-big-drop-in-mortgage-rates.html The most splendid housing bubbles in America https://seekingalpha.com/article/4258900-splendid-housing-bubbles-america-april-update International News Real Estate firm names the top cities for risk-seeking investors https://www.cnbc.com/2019/05/01/real-estate-firms-names-the-top-cities-for-risk-seeking-investors.html China-owned tower in New York City reportedly wouldn’t let Amnesty International move in https://www.cnbc.com/2019/05/14/china-owned-nyc-tower-reportedly-blocked-amnesty-international-lease.html Venture Capital flows between China and the US surpass direct investment for the first time https://www.cnbc.com/2019/05/08/venture-capital-flows-between-us-china-surpass-direct-investment.html The Questions new investors ought to be asking: From our friends: Bryan “How do I determine the finished value of my flip home before I begin repairs? Cindy “Could my resources (time, money, skills, etc) produce a better outcome sooner if used elsewhere?” Stewart “How do you quickly determine the cost of repairs to determine if it's a good deal or not? (I'm assuming there's other interest and there's little/no time for due diligence)” Tom: “Why am I doing this? The answer has to be more than ‘make money.’” Victoria: “Do the numbers really work or am I working the numbers?” Jeff: “Am I prepared to lose the money I am investing? Never invest money you can't afford to lose.” Damion: “How do you pull comps if you’re not a realtor?” Pat: “Is there an app that includes both repairs AND comps?” :) From Roger: What type of investment is this? (one time income, cash-flow, appreciation, speculation?) When should I expect to see returns? How liquid is my cash? How could this deal bite me in the fanny? In other words, What are the risks and how are they mitigated? What happens if things get sideways? What are the numbers I need to know and how can I know them? What’s Plan B? Pricing alternative Alternative funding source? Alternative exit strategy? Backup Contractor? What is the pricing trend (rents or sales, depending on your exit plan)? For flips, what is the average DoM for this price range in this area? For rentals, what is the long-term outlook for this neighborhood? Which way is it heading? (the best hoods are those that are immune to value swings) For rentals, how are the schools? For AirBnB, are there any rumblings in local government that threaten this business model? If investing cash in someone else’s deal What is that person’s experience? What is that person’s reputation? Do we have values alignment? Questions Sandra, Kansas City, MO, “How do you get in and see all the properties around the country you and your investors are buying?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “It does not matter how slowly you go as long as you do not stop.” - Confucius

Jeff is a recovering attorney who spends his time as a real estate investor. Jeff graduated early and with honors from Michigan State College of Law where he was the graduating class speaker. He also holds an M.B.A. At 30 years old, Jeff checked the last item off his personal bucket list by climbing Machu Picchu. He was on top of the world. As he stood looking down at the lost Incan city, he had been living the life of his dreams. He was well travelled, having previously visited the Pyramids in Egypt, climbed to the top of Mt Sinai, swam with sharks in Belize, and backpacked alone around Europe. He was married to the girl of his dreams. He had a beautiful house in the suburbs and a thriving law practice. Two weeks later, he was in the hospital dying. His business was in disarray, his wife was barely holding it together and he was on his way to bankruptcy. Today, at 41 years old, just over a decade later, Jeff is back on top. He is a millionaire, with over 140 residential units in his personal portfolio. He also owns multiple commercial properties. He is still married and continues to travel extensively. He is also co-host of the Old Fashioned Real Estate Show where the hosts drink bourbon old fashioneds and talk about real estate. You can follow him on YouTube and Facebook at Old Fashioned Real Estate or at www.oldfashionedrealestate.com 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: Aby Rosen, the real-estate mogul eyeing French eatery for his luxury skyscraper https://nypost.com/2019/05/19/real-estate-mogul-eyeing-french-eatery-for-his-luxury-skyscraper/ IRE Real Assets reported that many leading institutional investors are nearing their portfolio-allocation targets for real estate assets https://therealdeal.com/national/2019/05/19/waning-appetite-worlds-largest-institutional-investors-may-slow-their-real-estate-acquisitions/ 17 Real estate agents reveal the worst parts of their jobs, from the lack of steady income to being on call 24/7 https://www.businessinsider.in/17-real-estate-agents-reveal-the-worst-parts-of-their-jobs-from-the-lack-of-steady-income-to-being-on-call-24/7/articleshow/69388468.cms Austin tops another list as a hot market for first-time home buyers. https://spectrumlocalnews.com/tx/austin/news/2019/05/19/newcomer-s-news--real-estate--new-to-austin-notes Chamber welcomes Berkshire Hathaway Real Estate https://patch.com/massachusetts/reading/chamber-welcomes-berkshire-hathaway-real-estate Real estate brokers can help coordinate closing date with moving date https://www.greensboro.com/life/house-calls-real-estate-brokers-can-help-coordinate-closing-date/article_dd9edc63-f5b6-5cc6-9355-7a926ac76522.html Real estate investors bet on tech hubs to withstand economic downturns https://www.geekwire.com/2019/real-estate-investors-bet-tech-hubs-withstand-economic-downturns-study-finds/ Real estate market in Hamptons is ‘in a rut’ due to new tax law https://www.foxbusiness.com/features/real-estate-market-in-hamptons-is-in-a-rut-due-to-new-tax-law-report-says Real estate sales in Rockingham County saw their highest gains this year during April, a 7.7% increase in single-family home volume and a 4.5% increase in residential condominiums. https://www.fosters.com/homes/20190519/seacoast-sees-april-real-estate-blossom Senate Bill 669, AN ACT RELATING TO TAXATION — REAL ESTATE CONVEYANCE TAX, which would authorize the city of Newport to impose an additional two percent (2%) real estate transfer tax, has been scheduled for a hearing and/or consideration on Tuesday, May 21st. http://whatsupnewp.com/2019/05/bill-that-would-impose-an-additional-two-percent-real-estate-transfer-tax-in-newport-scheduled-for-senate-hearing/ The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) joins the real estate industry in celebrating the May 17 historic passing of the Equality Act in the House of Representatives. https://rismedia.com/2019/05/19/naglrep-salutes-real-estate-industry-efforts-equality-act-passes-house/ For the first time in a long time, Denver’s bustling real estate market has slowed. The top line: The steep rise in prices is slowing and there are more houses on the market. https://www.cpr.org/news/story/good-news-anxious-home-buyers-denver-real-estate-has-cooled-a-bit Diane Oberhelman inducted into Commercial Real Estate Hall of Fame https://www.eastpeoriatimescourier.com/news/20190518/diane-oberhelman-inducted-into-commercial-real-estate-hall-of-fame Builder and real-estate company combine forces to bring new homes to Butte https://mtstandard.com/lifestyles/builder-and-real-estate-company-combine-forces-to-bring-new/article_d523b486-5b0d-5bc0-a814-454ef9b68449.html 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 does not matter how slowly you go as long as you do not stop.” - Confucius

We are going to try and catch up with your questions today. So we will lead with that. Then we have more news than we have time to get to I’m sure. Redfin is in our news segment today and we are going to take a peek at three markets - Minneapolis, Indianapolis, and Boulder, CO in our questions segment and I got asked a couple of really interesting questions in the past week - one of them has to do with my formulas and the rules for investing I’ve developed from them. I get to all of that in a few minutes. 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/ Aby Rosen, the real-estate mogul eyeing French eatery for his luxury skyscraper https://nypost.com/2019/05/19/real-estate-mogul-eyeing-french-eatery-for-his-luxury-skyscraper/ IRE Real Assets reported that many leading institutional investors are nearing their portfolio-allocation targets for real estate assets https://therealdeal.com/national/2019/05/19/waning-appetite-worlds-largest-institutional-investors-may-slow-their-real-estate-acquisitions/ 17 Real estate agents reveal the worst parts of their jobs, from the lack of steady income to being on call 24/7 https://www.businessinsider.in/17-real-estate-agents-reveal-the-worst-parts-of-their-jobs-from-the-lack-of-steady-income-to-being-on-call-24/7/articleshow/69388468.cms Austin tops another list as a hot market for first-time home buyers. https://spectrumlocalnews.com/tx/austin/news/2019/05/19/newcomer-s-news--real-estate--new-to-austin-notes Chamber welcomes Berkshire Hathaway Real Estate https://patch.com/massachusetts/reading/chamber-welcomes-berkshire-hathaway-real-estate Real estate brokers can help coordinate closing date with moving date https://www.greensboro.com/life/house-calls-real-estate-brokers-can-help-coordinate-closing-date/article_dd9edc63-f5b6-5cc6-9355-7a926ac76522.html Real estate investors bet on tech hubs to withstand economic downturns https://www.geekwire.com/2019/real-estate-investors-bet-tech-hubs-withstand-economic-downturns-study-finds/ Real estate market in Hamptons is ‘in a rut’ due to new tax law https://www.foxbusiness.com/features/real-estate-market-in-hamptons-is-in-a-rut-due-to-new-tax-law-report-says Real estate sales in Rockingham County saw their highest gains this year during April, a 7.7% increase in single-family home volume and a 4.5% increase in residential condominiums. https://www.fosters.com/homes/20190519/seacoast-sees-april-real-estate-blossom Senate Bill 669, AN ACT RELATING TO TAXATION — REAL ESTATE CONVEYANCE TAX, which would authorize the city of Newport to impose an additional two percent (2%) real estate transfer tax, has been scheduled for a hearing and/or consideration on Tuesday, May 21st. http://whatsupnewp.com/2019/05/bill-that-would-impose-an-additional-two-percent-real-estate-transfer-tax-in-newport-scheduled-for-senate-hearing/ The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) joins the real estate industry in celebrating the May 17 historic passing of the Equality Act in the House of Representatives. https://rismedia.com/2019/05/19/naglrep-salutes-real-estate-industry-efforts-equality-act-passes-house/ For the first time in a long time, Denver’s bustling real estate market has slowed. The top line: The steep rise in prices is slowing and there are more houses on the market. https://www.cpr.org/news/story/good-news-anxious-home-buyers-denver-real-estate-has-cooled-a-bit Diane Oberhelman inducted into Commercial Real Estate Hall of Fame https://www.eastpeoriatimescourier.com/news/20190518/diane-oberhelman-inducted-into-commercial-real-estate-hall-of-fame Builder and real-estate company combine forces to bring new homes to Butte https://mtstandard.com/lifestyles/builder-and-real-estate-company-combine-forces-to-bring-new/article_d523b486-5b0d-5bc0-a814-454ef9b68449.html Your Questions: Send emails to questions@rogerblankenship.com 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?” Sandy, Jacksonville, “I can’t find a lender who will loan on my first deal. My credit is ok, but I don’t have experience. One lender even told me the deal is fine, but they won’t lend to someone brand new. I’m about to lose my earnest money. What do I do?” Antonio, Boulder, “I’m looking at a house near the university I can pick up for $650,000. It’s a 3/2 1300 sf house. I could put 4 college kids in there for $1000 each. Or I could spend about $80k fixing it up and sell for just under $1mil. What would you recommend?” Lamar, Las Vegas, “I have some questions, but what I’m really wondering are what are the questions I SHOULD be asking?” Nazim, Bloomington, MN, “What should I be looking for in a rental?” Erin, Anderson, IN, “In my area where a decent house can be bought for under 150k, it’s hard to make more than 10-15k on a flip. I hear these stories about people making 80k on a flip and find it hard to believe. But I see their selling prices are higher. Should I be considering doing this somewhere else? Andrea, Atlanta “I’m brand new but really want to do this. What should be my first steps?” Jill, Monroeville, PA “I’m looking at an abandoned house that got partially burned about a year ago. The fire  was just in the kitchen. How should this affect my offer? Do I need a structural engineer or something?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “It does not matter how slowly you go as long as you do not stop.” - Confucius

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 246 Flipping Houses in Ten Days, Ch 3 Expected Air Date: 5/13/19 Opening: We are back to the book today - my upcoming book, “Flipping Houses in Ten Days.” You won’t be flipping a house in just ten days, but it’s ten short chapters. You read one chapter a day for ten days. If you listen to this show regularly you will eventually get the entire book in audio form and here’s a NOT secret for you - if you have the Flipping America app, which is completely free, you will eventually have the entire book. Why am I doing this? It’s all about giving value and providing content. Besides - I’ll need the audio version of the book, so we will have that ready to go in a month or two. Yeah, it’s about efficiency and all that. Today I’m going to read Chapter 3, Analyzing a Deal. You need the skills to analyze any deal or opportunity that comes your way. And as you progress as a business owner you’ll need to translate those analytical skills to different opportunities. We won’t get to that translation step in this chapter but I will tell you every step in analyzing a deal, coming up 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 testing a feature that will let you offer on properties online.  Sellers accept the offer, pay 2% commission. https://www.theverge.com/2019/5/12/18616888/real-estate-redfin-online-house-purchase-buying-zillow-opendoor Changing moral compass? This is just a new name for an old marketing strategy: Customer focus. https://www.propmodo.com/how-real-estate-is-adjusting-to-our-changing-moral-compass/ https://seekingalpha.com/article/4262968-real-estate-outperforms-rent-inflation-heats https://www.housingwire.com/articles/49020-equifax-sets-aside-nearly-700-million-for-expected-data-breach-payouts https://www.housingwire.com/articles/49017-hud-plan-to-end-public-housing-aid-for-undocumented-immigrants-could-lead-to-evictions-of-55000-children Your Questions: Send emails to questions@rogerblankenship.com Anthony, Alexandria, VA, “Just came across your show. Really cool. Do you ever buy properties in other cities? I want rentals, but everything is too expensive here. What should I look for?” Dorothy, Villages of Ocala, “I like real estate. I’m a retired realtor. I like the house flipping shows and I listen to your show and enjoy it. I don’t want to do all this, but I’d like some income from it. My retirement account is in the stock market and it’s too stressful for me. I’m thinking about putting some of it into real estate. What could I do with maybe $100,000? 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

Expected Air Date: 5/11/19 Opening: Zillow is changing direction and it could be HUGE. Plus the President has ordered a restructuring of Fannie Mae and Freddie Mac and renewed a huge debate. Do we need them? Can private companies fill the gap? What would mortgage lending look like without them? All that and MUCH more today as we do the news! 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! 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. 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: This is going to be huge. Buy 500 per month and provide lending on 3000 of them. https://www.housingwire.com/articles/48908-zillow-going-all-in-on-mortgage-lending Great idea, but it has to get past the House of Representatives, so it won’t. https://www.housingwire.com/articles/48980-republicans-move-to-abolish-cfpb?utm_campaign=Newsletter%20-%20HousingWire%20Breaking%20Alerts&utm_source=hs_email&utm_medium=email&utm_content=72440255&_hsenc=p2ANqtz--jekYL1bC-R3R0g_U350k9-yGQOv3mBcMeZgTG9T0TNOl1cVzQyJ__0U5x9D7wt6u2-jJJZLzTRqk2sofo8VGl7qPLO-uHVexKbSNwqkRswIKzg0s&_hsmi=72440255 Republicans move to abolish the Consumer Financial Protection Bureau. To read the full text of the bill click here: https://www.housingwire.com/ext/resources/files/Editorial/Documents/20190506_Repeal-CFPB-Act-as-Introduced.pdf Who will win the iBuyer race? https://www.attomdata.com/news/market-trends/the-ever-expanding-ibuyer-footprint/ What do you want to buy? Distressed properties. Here’s where you’re most like to find them: https://www.attomdata.com/news/market-trends/top-markets-with-highest-share-of-distressed-sales-in-q1-2019/ We are restructuring Fannie and Freddie. What’s your take? https://www.realtor.com/news/real-estate-news/fannie-and-freddies-uncertain-future-explained/ https://www.realtor.com/news/real-estate-news/fannie-and-freddies-uncertain-future-explained/ What is the best DAY to sell your home? https://www.attomdata.com/news/market-trends/top-10-best-days-of-the-year-to-sell-a-home/ Where are homeowners selling for maximum gain on their purchase price? https://www.attomdata.com/news/market-trends/figuresfriday/top-markets-with-greatest-seller-gains/ https://www.housingwire.com/articles/48925-hot-or-not-may-whats-trending-in-housing-right-now Your Questions: Send emails to questions@rogerblankenship.com Tressa, PIttsburg, PA “I have a flip property on the market. We kinda ran out of money and some ot the finishes in the project just don’t look that great. And people are noticing. We are getting lookers but no offers. The feedback is about the finishes. Altogether it would take about $10,000 to make everything beautiful, but I don’t have it. In the meantime, I’m running out of money to make the hard money loan payments. I’ve dropped the price to 580, which would mean I break even. What would you recommend?” Maxie, Port St. Lucie, FL, “I love your Property Grade app. What was the thinking behind it?” Anthony, Alexandria, VA, “Just came across your show. Really cool. Do you ever buy properties in other cities? I want rentals, but everything is too expensive here. What should I look for?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Expected Air Date: 5/9/19 Opening: As many of you know my mother passed away on April 26th. I’ve been off the air since then and I thank you for your patience as we have run some reruns during that time. Today I want to read to you the tribute I wrote for her and sent out to friends across the country last week. My mother passed away Friday afternoon, April 26, 2019. She had been struggling will illness through most of this year. This week I dedicate this space to my mother and her memory. My mother weighed just over 1 pound when she was born. They didn't have access to incubators so they put her into a warm oven at home. She grew up during the Great Depression, and endured many illnesses in her childhood including one that caused her to miss an entire year of school. She spent that time reading and was so ahead of her class she skipped a couple of grades and graduated at 16. After two years at a Teacher's College she headed to her first job, teaching in a two room schoolhouse in Hudson Colorado. She taught the elementary school. She caught the attention of one of the boys in the high school class, Charles. They could not even pretend to be interested in each other until he graduated. Shortly after his graduation they married. Next month would have been their 70th wedding anniversary. My parents crisscrossed the country following various jobs until they settled in Louisville KY where my Dad started his own construction business. They lived in an airstream travel trailer with my two older brothers until I came along and they decided they needed to get something larger. As Dad's business grew my mother was finally able to pursue her lifelong dream of a degree in library science to become a librarian. She taught me to read by the time I was five and faithfully took my younger sister me to the library regularly. We didn't have a lot of money in those days but mom always scrimped and saved so I would be able to buy a book or two with the book fair came to school (anyone else remember those?). She always knew what book or genre I needed to read next. She loved science fiction and instilled that love in me. It was the same for music. Although she had not studied it, she loved music, loved to listen and loved to sing. She was a walking Arts and Crafts movement. She quilted, knitted, cross-stiched, and latch-hook-rugged her way in their retirement motorhome across America numerous times, to Canada, and even to Alaska. When not traveling, my mother would volunteer in the children's program at her church. She never sought the limelight or a leadership role, content to take attendance and listen to the children recite Bible verses. She faithfully did this over a period of 25 years after they retired. In my last conversation with her we talked about many of these things -- things that had a profound impact on my life yet she barely remembers them. (She had completely forgotten about "Georgie Girl" and me teaching myself the Budweiser theme song on the piano.) But her mind was never unclear about her love for her family, the grands, the great-grands, all the cousins, in-laws, and associated friends and significant others. Her faith in God never wavered. Her trust in his love never faltered. I decided to share an excerpt from a letter with you I sent to her on Mother's Day 2017. Dear Mom, ...I am blessed to have led organizations and touched individual lives. Every big thing and every good thing I have done is because of the unique combination in me of Dad’s “big ideas” mentality combined with the insatiable desire you planted in me to learn and grow. As much as there is any story to my life, it is the story of your influence, your loving guidance, your correction, and support. I am so blessed that you are my Mother. I wish for you a very Happy Mother’s Day. We have an interesting show coming your way today with Mike Ventry of Accuplan. Mike is the Director of Business Development and Marketing. He has over 15 years of experience as a Top Producer in the mortgage banking industry, in the Atlanta area. During his 40+ years in the Atlanta area, he has started, built and sold multiple companies to large national corporations. He has an exceptional background in providing superior customer service and communication to his clients. Mike holds an MLO license with the Federal and State Departments of Banking and Finance. In his current role, he assists new clients and investors by providing them with the education and knowledge to be successful in self-directing their retirement accounts. He regularly teaches a 3 Hour CE class on self-directing for realtors. Mike also is a frequent attendee and guest speaker at real estate (and non-real estate) associations and networking groups in the Atlanta and the South East. Mike has been a contributor as an expert resource for Think Realty Magazine along with many other financial and real estate radio shows and podcasts. 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! 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. 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.   Guest: Mike Ventry, Accuplan Your Questions: Send emails to questions@rogerblankenship.com My name is Carlos from Houston, Texas and I want to get into flipping houses and have some questions as to what I need to be able to get started? 1) Do I need a DBA to start or LLC to protect myself? 2) What type of credit score would I need if any is needed? 3) Do I need a Real Estate License to purchase houses on foreclosure? 4) Could I get directly with a Broker and pay them a percentage to be able to buy houses? Any advise you could give me would be greatly appreciated so I can start my new journey. Tammy from Long Beach, CA “I’ve been offered a small house to own as a rental for $260,000. It’s a steal of a deal - probably worth $300-310,000. It rents for $2200 per momth. My payments including taxes and insurance will be $1723.65. This looks like almost $500 per month in cash flow. My husband listens to your show and based on what he’s heard he doesn’t think this is a good deal. How is this not a good deal?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Chapters 7-8 Expected Air Date: 4/25/19 Opening: Today we are going back to my forthcoming book, Flipping Houses in Ten Days. I call it this not because you can flip a house in ten days (at least not now) but because it’s ten short chapters and you can pretty easily read it in ten days. Last week I read chapter 5 on the show and didn’t quite get finished. I still had a couple of pages to go when we ran out of time. But that is by far the longest chapter in the book. To prove that point today I’m going to read TWO chapters. Chapters 7 and 8. Chapter 7 is “Count Your Chickens” and Chapter 8 is “Check Up From the Neck Up.” They are coming up in a minute. 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! 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. 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.   Topic: Flipping Houses in Ten Days, Chapters 7-8 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 “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Expected Air Date: 4/22/19 Opening: The NAR has been sued again! What’s happening with foreclosure rates? Interest rates? Have you heard of the peer-to-peer lending company Prosper? Well, they are in a bit of trouble. I’ll fill you in today. Also today we will learn the areas with the least affordable homes in America, the highest and lowest taxes. I have an important an AirBnB update including the most profitable areas to own AirBnB properties, and where two major metro areas where short-term rentals have been banned. And today we are going to talk about Hempcrete. Yes friends, one day you might look back and say you heard it here first. Hempcrete may be the building material of the future. All that and much more coming to you today as we bring you the information you need to stay informed, stay ahead, and make money in Real Estate. 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! 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. 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: https://www.housingwire.com/articles/48832-nar-slapped-with-second-class-action-lawsuit-to-end-buyer-broker-compensation https://www.cnbc.com/2019/04/22/abu-dhabi-real-estate-law-reforms-are-gaming-changing-developer.html https://www.cnbc.com/2019/04/17/retirees-are-flocking-to-these-3-states-and-fleeing-these-3-states.html https://www.cnbc.com/2019/04/21/billionaire-charlie-munger-praises-this-1-skill-of-warren-buffetts-without-it-you-wont-get-very-far-in-life.html https://www.cnbc.com/2019/04/17/mortgage-purchase-applications-hit-highest-level-in-9-years.html https://www.attomdata.com/news/market-trends/attom-data-solutions-q1-2019-u-s-foreclosure-market-report/ https://www.attomdata.com/news/most-recent/top-10-counties-starting-the-foreclosure-process/ https://www.attomdata.com/news/market-trends/top-10-metros-with-the-lowest-property-tax-rates/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-counties-with-the-worst-home-affordability/ https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/ https://www.realtor.com/videos/video-5-cities-where-home-prices-are-still-going-up-strong/a625912d-0e12-42df-9b87-83a17d458ccf Columbia, SC, Greensboro, NC, Spokane, WA, Birmingham, AL and #1 Chico, CA https://www.realtor.com/advice/buy/what-is-a-hempcrete-house-marijuana/ http://www.americanlimetechnology.com/what-is-hempcrete/ https://www.housingwire.com/articles/48837-fintech-lender-prosper-to-pay-3-million-fine-for-misleading-investors https://www.housingwire.com/articles/48840-hud-announces-new-rules-for-down-payment-assistance-on-fha-mortgages 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 “Do not wait; the time will never be ‘just right.’Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” —George Herbert

Chapter 5 Expected Air Date: 4/20/19 Opening Today I’m going to share with you Chapter 5 in my upcoming book, Flipping in Ten Days. 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! 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. 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.   Resources: https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html https://www.housingwire.com/articles/48801-zillow-begins-buying-and-selling-homes-in-dallas Your Questions: Send emails to questions@rogerblankenship.com Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Opportunities don't happen. You create them." -- Chris Grosser

FAR 239 Expected Air Date: 4/8/19 Opening Coming up in a few minutes I’m going to have a conversation with a brand new real estate investor Nate and we are going to change things up a bit today. He’s going to interview me. He has my permission to ask me anything. Hopefully he will cover a lot of the things you are interested in, but it’s very possible he will bring up something unexpected. It’s unscripted and he hasn’t provided to me the questions in advance. Should be fun. 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@flippingamericanetwork.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! 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. 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.   Resources: https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html Your Questions: Cooper, McDonough, GA “How do you keep finding so many deals to buy? I want to buy in my area - Henry County Georgia and there are lots of houses around here, but I can’t find any deals. I’m a licensed realtor and I spend time looking at the MLS nearly every day.” Juanita, Villages of Ocala, FL, “We own several rental properties back in the Raleigh, Durham area that we’ve had for years before we retired. Now we want to sell them. Do you have some ideas about this? We don’t want the new owner to throw out our long-term tenants or raise their rents.” Alex, Las Vegas, “I tried to buy a flip property here. The numbers looked pretty good according to what I’ve heard you and others say. But I can’t find a hard money lender who will loan the money. I have the $50,000 cash I need to do the deal but they are all telling me I don’t have enough experience. How do I get the experience if no one will make the first loan?” Carly, Lancaster, PA “Two questions about rentals. Do you let your tenants paint the interior? And 2. What is your policy regarding pets?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Opportunities don't happen. You create them." -- Chris Grosser

FAR 236 Expected Air Date: 3/28/19 Opening The iBuyer Show Grandma’s description of daylight savings time. iBuyers make it look like they are giving a fair offer for your house. I’ll make the same offer. 6-16% fees Must accept contract offer which is contingent upon inspection. Inspection will reveal needed repairs which you can make or further reduce your price. Tell the tuxedo shirt story again. $22 vs $15 shirt. 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.inman.com/2019/02/11/yelp-hides-reviews-pages-for-opendoor-offerpad/ https://www.cnbc.com/2019/03/23/property-taxes-would-have-a-huge-impact-on-chinas-economy-ceo.html https://www.cnbc.com/2019/03/18/these-are-the-best-and-worst-cities-for-first-time-home-buyers.html https://www.realtor.com/news/real-estate-news/trumps-budget/ https://www.cnbc.com/2019/03/22/mortgage-rates-are-breaking-to-new-lower-territory.html https://magazine.realtor/daily-news/2019/03/22/happy-spring-home-sales-post-strong-rebound Your Questions: Carson, Norcross, GA “I’m trying to buy a house that is in foreclosure here in Gwinnett Co. Georgia. The seller is ready to walk away from the house and told me the loan balance is $85k. She accepted my offer of $87k. Now I hear from the lender, a private individual that the actual balance is 97k. The house is worth 220k so I offered the lender 100k in cash. He said ok, but he already paid the attorney to handle the foreclosure and I would need to speak with him. What do you recommend? The property is scheduled for the auction in 1 week. Dena, Lancaster, PA “I am wondering how you rehab those properties you are buying around the country. How do you do a remote rehab?” Madison, Las Vegas, NV “Someone told me that they heard you make exceptions to the MAO rule. What are the exceptions?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing.” – Life Quote By Helen Keller

FAR 235 Expected Air Date: 3/21/19 Opening Today I’m going to introduce you to a gentleman who started in this business only three years ago and now is flipping 50 houses a year. He has an incredible story and you will want to be sure to hear it. His name is Scott Sekulow and he’s now known as the “Flipping Rabbi” which is a story I’m going to let him tell you. I’m also going to get his input on the current state of the market. 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. **NEW** We are doing live call-ins on Tuesdays from 10-11. If you’ve wanted to call and speak with me, now you have your chance. Call 404-369-1018, extension 5. 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.   Guest: Scott Sekulow Your Questions: Shameka, Atlanta, GA “I’m a new wholesaler and I would appreciate if you would give me some guidance as to what experienced investors are looking for.” Brandon, Atlanta, GA “How do you figure out what it’s going to cost to repair the property?” Roberta, Tampa, FL “What is debt service coverage ratio and why is it important? I just got financing rejected by the lender because of this and it’s a property my mentor said would generate good cash flow. I asked the lender and their explanation was technical and I didn’t understand. I asked my mentor and he said it’s not important and I should just go to another lender. I googled it and that really didn’t help either. I’m buying a house for $120,000 and putting $20,000 down. The payment will be $525.20 per month and the rent is $750. It seems like I’m making $200 per month. How can that be wrong?” 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 234 Expected Air Date: 3/16/19 Opening Coming up today, Hippie decor is back! And someone just paid a record $238 million for a condo - the most expensive home ever bought in America - and it broke the previous record by $100 million. I wonder if he will have avocado green appliances and rattan furniture? We have news, we have data, we have trends, we talk about style (don’t claim to “have” style), we have methods, and we have answers to your questions. Keep sending them to questions at flippingamericanetwork.com for now. We also have some new website lineups for you. Follow what’s going on: RogerBlankenship.com The FAN - FlippingAmericaNetwork.com The Show - FlippingAmerica.us The Fund - DTinvestmentfunds.com Deals, Money, Methods. Just came out of another sold out weekend with FlipStarter. Exciting stuff. Feedback very strong. 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! 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. . 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.attomdata.com/news/uncategorized/top-10-states-with-the-worst-foreclosure-rate/ https://www.realtor.com/advice/home-improvement/best-throwback-decor-based-on-your-zodiac-sign/ https://www.realtor.com/advice/home-improvement/most-expensive-home-repairs/ https://www.cnbc.com/2019/03/18/times-square-is-about-to-get-a-giant-new-billboard-called-tsx-broadway.html https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/18/11-ways-non-experts-can-keep-up-with-local-housing-trends/#219ba5f2e949 https://www.nytimes.com/2019/03/15/your-money/real-estate-investments.html https://www.nytimes.com/2019/01/24/business/who-is-ken-griffin.html?action=click&module=RelatedCoverage&pgtype=Article®ion=Footer Topic: Your Questions: Annalee, Tampa, FL, “How do I find my first deal? I just want to wholesale something.” Get 250 cards Get rid of those cards Get a list of foreclosures. Knock on doors and ask people to sell you their house Check all the FSBO sites, For Sale By Owner, Buy Owner.com, etc. Craigslist, Befriend a realtor, tell her you are looking for distressed properties / situations. Tell everyone you know and everyone you meet you need a house. Hudhomestore.com. Make offers (with your Realtor’s help). Social Media Networking (not with real estate groups) Beverly, Villages of Ocala, FL, “Please explain the 1% rule for rental houses and why that is a good thing.” Austin, Dallas, TX, “When are you bringing FlipStarter to Texas?” Sammy, Milwaukee, WI, “Who is going to win the NCAA Tournament? Just kidding, I have a possible deal, but I need help making sure it’s a good one. I need local advice, but I am afraid that if I show someone local they will just go and do the deal without me. I don’t have it under contract or anything. It’s my uncle’s house. He passed away and now my cousin is selling it. Suggestions?” Joe, Little Rock, Arkansas, “I want to be in real estate, but I don’t want to do house flipping. I just want to put money into something safe with decent returns. What do you suggest?” Brad, Elizabethtown, KY, “What can I do to find more consistent deal flow. This is a small town, but I want to do this full-time.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Obsessing over details like your logo or business card is just a form of procrastination. Your business needs deals MUCH more than it needs a logo." --Roger Blankenship

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 232 Expected Air Date: 3/7/19 Opening Darlene Coquerel is is the Founder of The International Real Estate Investors Academy and creator of The Ultimate Foreclosure Formula. She is a real estate trainer and broker in multiple states. She has trained and coached real estate investors and agents for more than 20 years and has a passion for building teams. She teaches wholesaling, flipping, and buy-and-hold strategies. Darlene is the author of an Amazon Best Seller called Game Changers. She also published real estate home study courses and books about buying and selling real estate. Her current business model includes helping families facing foreclosure. In 2013, Darlene brokered a transaction of the largest number of single-family houses in history sold to one buyer for a total contract price of $105 million! In a 10-day contract, her team sold 1,362 houses to a Wall Street hedge fund. In 2014, Darlene’s brokerage was awarded the Platinum Investor Award by Auction.com with acquisitions surpassing $75 million in one year!As a national speaker, author, mentor, and real estate JV partner, Darlene brings expertise and knowhow to the table. She's going to join us in just a moment and you are going to love this conversation! 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 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? 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. 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. 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.brookings.edu/blog/the-avenue/2019/03/01/oregons-new-rent-control-law-is-only-a-band-aid-on-the-states-housing-woes/   https://www.latimes.com/opinion/editorials/la-ed-oregon-rent-control-newsom-20190301-story.html https://www.nytimes.com/2018/10/12/business/economy/rent-control-explained.html https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2018/11/28/rent-control-is-making-a-comeback-but-is-that-a-good-idea https://www.fool.com/investing/2019/02/17/flipping-a-house-heres-what-you-should-worry-about.aspx Your Questions: We are working hard to get our new Fix and Flip Video course finished and out to you. I want to hear from you - what do you want us to make sure we cover? We have a pretty good idea from the questions you send us. But I want to know - are there holes in the training you received? What are they? How can we make this the best Fix and Flip Course available? 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 231 Expected Air Date: 3/4/19 Opening Just the FAQs We get lots of questions here at Flipping America. I’m sure it’s no surprise to you that we get asked the same question quite a bit. That’s ok! We love hearing from you and want you to continue asking. But today we have combined many of our most oft-asked questions into one show called “Just the FAQs” which we are bringing to you right now! 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 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? 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. 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. 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.   Topic, Just the FAQs: I've seen the TV shows and I think I would enjoy this as a side hustle I have money but no experience. Where do I start? I have money experience and own my own contracting business. Where do I get started? Recently I got an email or a comment we actually is a comment online from someone who said I work 70 hours a week and I'm broke. And so this is just a pipe dream. I'm a handyman but don't have a lot of cash I have a friend who has cash and has offered to buy a property if I'll fix it up we've agreed to split the profit but her art are not sure what the split should be. What are the top few recommendations for getting started in this business? How do I find money to invest in a property? What's the difference between hard money and private money the source is. How do I find a good contractor? Your Questions: We are working hard to get our new Fix and Flip Video course finished and out to you. I want to hear from you - what do you want us to make sure we cover? We have a pretty good idea from the questions you send us. But I want to know - are there holes in the training you received? What are they? How can we make this the best Fix and Flip Course available? 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 230 Expected Air Date: 2/16/19 Opening Our guest today joined the Marines out of high school, then went to Purdue University where he completed a degree in Accounting. While in college he started acquiring rental properties. He’s had some setbacks which you will hear about in a few minutes but today he owns $30 MILLION dollars worth of real estate and he coaches others in the process. What I really appreciate about Mark Dolfini is his thoughtfulness in having you begin your real estate endeavors by first thinking about your life. This is more than your “why”. It’s a process he calls VIP and if you can get your brain wrapped around this, I think it can make a huge difference in your investing career. His name is Mark Dolfini and he will be with us in a few minutes.  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 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. 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.   Guest: Mark Dolfini Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Things work out best for those who make the best of how things work out." --John Wooden

FAR 229 Expected Air Date: 2/14/19 Opening The House Whisperer Bookmark this show folks, I’m going to give away some of my secret sauce. The number one topic of the strategy and consulting calls we do is Deal Flow. Where can I find the next deal? I get at least 10,000 properties a month into my inbox. Stay tuned - I’m going to show you how. Master the stuff I’m going to talk about today and you will like a professional Deal Trainer - they will come to you on command. Sit, Stay, do tricks - Deals will be all around you. You’ve heard me make the preposterous claim that I get 10,000 deals into my inbox and frankly I had never really added them up - until yesterday. Someone asked me to prove it. So I took an hour yesterday and added up the deals that had come in JUST THIS WEEK so far (yesterday was Wednesday). The number was 19,925. Now here’s the important part: I have 11 deal sources and at the moment I’m only using three of them. There’s no point expending the effort on the other sources right now. But I’m going to share them all with you today because I use at least one method not really available to you. Hey, who said life is fair? 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 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. 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.   Topic: Make the Deals Come to You. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "It always seems impossible until it’s done" -Nelson Mandela

FAR 228 Expected Air Date: 2/11/19 Opening The 2019 Trend Report It’s possible there are two destinations in front of you - the place you want to be, and the place the market is heading.The general market direction is due to a variety of forces, none of which are in your control. But what if it is going in a different direction? What if the opportunity lies in an area beyond your expertise? What if your success strategy is based on certain market fundamentals but the market is behaving differently or perhaps even the opposite way for your plan to succeed?  In some ways your success in life and business is to find a path to your own ultimate destination that rides along with the market forces that are outside of your control. Over the past few years if you have been a single family fix and flip investor and your strategy has been to buy anything in the hot area even if your margins are thin, relying on price increases to make your money, you will find that in 2019 this game is up. Starting now, or actually six months ago, you MUST buy them right - no fudging on the margins - or you will rue the purchase day on sale day. If you are a passive investor in a REIT that owns malls and retail space, you’ve done well over several years, but the last couple of years have been a kick in the pants. Do you hang in there, knowing that the American retail market is bound to bounce back (and paying attention to the fact that many successful online retailers are now opening brick and mortar stores?). My point here is simple and it is this: For continued success, you need to pay attention to trends and respond appropriately. Today we are going to talk about the trends we expect in residential and commercial real estate for 2019 and before the show is over, I’m going to make some suggestions about how to respond to trends in general and these trends in particular. So hang on folks... 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 tonight at 7:30 pm on Facebook live for free. Next up, Deonna Britt, founder of LawClerk on Demand March 16-17, FlipStarter, www.flipstarterevent.com. 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. 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.   News: https://money.usnews.com/investing/real-estate-investments/slideshows/8-trends-real-estate-investors-should-be-watching?slide=6 https://www.bisnow.com/national/news/commercial-real-estate/commercial-real-estate-trends-to-dominate-in-2019-95890 https://www.forbes.com/sites/alyyale/2018/12/06/2019-real-estate-forecast-what-home-buyers-sellers-and-investors-can-expect/#73fd5aab70d9 https://magazine.realtor/daily-news/2018/11/29/5-millennial-real-estate-trends-in-2019 Topic: The Trendy RE Investor Trends: Home Prices up, but not as quickly. Mortgage rates rise, only slightly. Millenials are the majority of buyers. The RE Market is not going to crash. Opportunity Zones E-Commerce in Real Estate is a non-impact conversation piece - STILL. E-Commerce for everything else will continue to drag down retail space. Construction Costs are on the rise Technology for RE will continue to improve. Senior Living Communities will increase. E-Commerce will create more demand for warehouse space. Smart and multi-level. Online retailers will continue to open brick and mortar stores. Foreign investor demand for US properties will increase. Institutional investors are heading to secondary and tertiary markets for yield. This usually happens before a recession. Grocery chains will move further online. Office Spaces stable, shared or co-working spaces continue to be popular. WeWork will not show a profit. The Amazon HQ losers will see economic benefit from the competition. US hotels will break occupancy records in 2019. Expected to be up 66.2% this year, the 10th consecutive year of growth. In general: Go where the buyers are; Sell what the buyers want; You’re not an artist, you’re a manufacturer; The market will not conform to your wishes or hopes. You conform to it. Specific for 2019: Legal and financial disclaimer Millenials are buying homes and want walkable suburbia. Let’s develop it, or focus there. Study areas saturated with single family investors and ask, “Where will they go from here?” Get there second. Early bird gets the worm, second mouse gets the cheese. Watch for the opportunity to invest in medical office space in the caribbean. Rich people are going to get the medical care they want. When they can’t get it in the US they will go where they need to. You may not like it, but why waste energy protesting? Make money accommodating the market demands. Find a use for abandoned malls and strip shopping centers and you will cash in HUGE. Here’s a hint - employment opportunities for the newly relocated millenials. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "It always seems impossible until it’s done" -Nelson Mandela

FAR 227 Expected Air Date: 2/9/19 Opening Are we in a Bubble? 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 tonight 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. 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. 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.   News: https://www.foxbusiness.com/markets/how-to-spot-a-real-estate-bubble Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Marcia: i have a lot under contract. There is a house on it but it needs to be torn down. It’s a good ways out of town but the comps are in the 300’s in that area. How should I market it? DeAndre: I have an opportunity to buy out another investor. They paid 125k in cash for the property. Fired their contractor midway through the project. Now they are discouraged and just want to be rid of it, but they will finance it to me. It takes 55 to fix it, which I will use my own cash to do. Comps are around 250-275. What are your thoughts about taking over someone else’s deal like this? Motivational Thoughts for the day "It always seems impossible until it’s done" -Nelson Mandela

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 225 Adam Adams Expected Air Date: 1/31/19 Opening Today we are going to talk a bit about apartments. Our guest is Adam Adams from Denver, CO. Adam is going to talk about how you can buy an apartment complex with very little of your own money. He’s also going to talk about how you can participate in a project even if you have no experience.   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.   News: Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day Success is not final, failure is not fatal: it is the courage to continue that counts. – Winston Churchill

FAR 224 Tom Zeeb Expected Air Date: 1/28/19 Opening Great show coming up today. We are going to be joined in a moment by Tom Zeeb, a Washington DC investor with a true rags to riches story.  15 years ago Tom was broke as a joke. A near-death experience while rafting pushed him to find a new way to break free of his 9-to-5 job. Real estate investing saved him. Both personally and financially. Hundreds of deals later, he is happy to share the same techniques that set him free, so you can do the same. 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: Cecilia, Conyers, GA. I'm new to real estate, it has been a long time dream to invest in real estate. I currently own a duplex (owner occupied) and the other unit is vacant since November 2018. My dilemma is where to begin with financing. My credit is in the 600s but my debt to income ratio is too high to add anything else to my credit as far as a personal loan. I've lived here for a yr, I do not know if I have any equity in the home to do a HELOC. Which leads to my first question. Who besides from a bank would offer a loan to do repairs on my unit so I can rent it out quickly? The AC unit went out, painting of entire unit (3 bd/2.5ba unit), the stairs seem unstable, the front and back yard need grading/leveling, and a small patch or replacement of a short walkway is needed. Also, the water line on my side needs replacing. I learned some hard lessons about tenants and partial payments. The tenant left owing about $4,000 in past rent. I need an attorney that can keep me safe as a landlord and also keep me informed on what I can and can not do. A good lease agreement is needed. What attorneys, tax advisers, contractors, plumbers, painters, real estate agents, inspectors, etc. do you recommend to be a part of my team? I need this support system. Send me the list of your 29 questions to ask potential team members. The tenant left items in the unit, how long do I need to legally hold them? I've contacted her and let her know she can come get them but no response. Her mail still comes to the unit. I did not officially evict her we simply did not renew the lease. I want to be free and  clear from this tenant and move on to do this landlord thing the right way or find a good property manager that will. I feel like I did not do enough due diligence when I purchased this property however, I have the property and want to make the best of it. The neighborhood is not the greatest and would love to move once I build my reserve back up. I depleted most of my assets to obtain the duplex. My interest is to buy and hold rentals. I believe one more duplex in my portfolio would be good before purchasing a single family to move into. This will allow me to pay down debt and build my cash reserves. Any suggestions or need to know info would be greatly appreciated. Millicent, Jacksonville, FL “What is the weirdest house you’ve ever bought?” 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 223 Lorraine Beato Expected Air Date: 1/24/19 Opening What a show we have lined up for you today. There is SO much going on here at Flipping America I could probably fill the hour just updating you, but I’m going to try and keep it brief because we have a great guest here today, one of Atlanta’s most prolific investors and realtors, Lorraine Beato. With over 25 years in the industry starting with Merrill Lynch in mortgaged-backed securities trading and then as a realtor, appraiser, and investor both nationwide and internationally - Lorraine knows how to navigate the sometimes complex and intricate waters of real estate. In an ever changing industry, you need to have someone on your side who understands all facets. Her renovation in Europe was featured in the January 2018 Think Realty Magazine - International Renovation Rockstars and she has had listings featured on HGTV's House Hunters. 2018 Think Realty Single Family Investor of the Year Nominee 2018 Who's Who in Atlanta Real Estate Nominee 2017 Who's Who in Atlanta Real Estate Nominee 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: Ed, Atlanta, GA (from the CDM Lunch). I’ve been approached by someone who wants me to partner with them on a project. They have secured a loan from a hard money lender and are putting about 40,000 cash into it. He needs 20,000 for 2 months and is willing to pay me $5,000 for it. Vet the Person Vet the deal. ARV Rehab Budget How can you only need it for 2 months? What’s the plan? Promissory Note Security Deed recorded in 2nd position. Some HM lenders do not allow. Ask if he has other free and clear collateral to put up. Or execute a JV agreement. Warren, Atlanta, GA (from CDM lunch). I have a 6 bedroom house in a subdivision, but it’s larger than anything else in the subdivision. What do I do for comps? Motivational Thoughts for the day “Everything You’ve always wanted is on the other side of fear.” George Addair

Hello and welcome to the inaugural Brandstorm podcast, a show that talks to people behind some of America’s great brands with hosts Dan Trzinski and Nancy Christopher. In today’s episode, we start with Brad Schlossmann of Ground Floor Funding, who provides funding and support for startup companies. Brad Schlossmann Brad is a veteran of the auto industry, currently celebrating the 50-year anniversary of Schlossmann Auto Group. He’s been involved with the auto group, himself, since 1977 and has been a big player of the company’s continuing growth. His most recent entrepreneurial endeavor, Ground Floor Funding, is his own startup that he developed to help accelerate new business development. Ground Floor Funding Crediting a family history of entrepreneurs, Brad has an appreciation for startup businesses. He saw a need to help entrepreneurs get their business ideas off the ground and thus, Ground Floor Funding was born. Ground Floor Funding is open to ideas for any type of startup venture, and can’t emphasize enough the importance of a solid business plan to go along with the idea. Don’t Stop at Failure All businesses face struggles and even failures. Instead of quitting, turn it into a learning experience and try again. All Companies should be in the People Business Brad discusses why every organization should be in the “people business.” Regardless of the product or service being promoted, personal relationships are key. The relationships developed through employees, customers and other constituents will help a business thrive from the inside out. Contact Brad Schlossmann: Website: www.groundfloorfunding.net Email: brad@groundfloorfunding.net Phone: 414.331.1194   Mr. Delivery: www.mrdelivery.com Miss Mandel Bread: www.missmandelbread.com