Podcasts about homefacts

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  

Having a home security system comes with both benefits and drawbacks, and if you’re thinking of getting one for yourself and your family, there are a few facts you should know before making a decision.  A study by HomeFacts found that just having a theft deterrent was beneficial, but one of the main reasons homeowners decide against getting a home security system is the cost involved—there’s usually an upfront setup fee and ongoing maintenance costs. Between these two expenses, the overall cost of a home security system can vary widely.  “The average home break-in costs $1,725” Having a home security system should go beyond providing peace of mind and also make sense in terms of dollars and cents. An FBI study found that the average home break-in costs $1,725 in terms of stolen valuables and damage. Another study also found that one in four homes is likely to be broken into.  These days, there are plenty of programs that are less expensive relative to the amount of monitoring you get in return. You can also purchase an ongoing monitoring system so that when a door or window is open, the police are automatically notified. It’s all a matter of deciding which option is best for you. If you’re curious about the best kinds of home security systems out there or you have any other questions about this topic, feel free to give me a call or send me an email. I’d be glad to help you.

FAR 173 Expected Air Date: 7/23/18 Opening What are the guiding principles you use in your investing activity? We all think about returns, but do you consider other data points as well? Ok, some of you right now are asking, “what other data points?” If you are looking at a property to buy and hold and you are only looking at cash flow or only looking at capitalization rate, or only looking at net income, you are not looking far enough. Even if you are considering all three of those, and they ARE separate numbers btw, there is much more to consider. You need to think about the area, the past trends, the future projections, infrastructure, employment opportunities, and much more. So you need data. If you listen to the show much you know that our analysis is data driven. And we look behind the data for assumptions, theoretical models, and the methods used to combine data to reach conclusions. I realize that not all of you listening to this show can be that much of a nerd. It’s ok. We get our hands a little nerdy around here sometimes so we can help you make the best decision possible. That means we have sources for our data. One of our favorites is Attom Data Solutions. Coming up in a few minutes I have Daren Blomquist, Executive VP for Attom Data and we are going to bless your life with a little data talk. Now before you turn this off and switch over to yet another rerun of Gilligan’s Island or Big Bang Theory, let me tell you a few things we are going to be talking about. Attom data is the same company formerly known as RealtyTrac.com. That means they are experts on foreclosure data. We will talk about that. Want to know about crime rates in a prospective area? How about information about the particular property and its history? They’ve got those. Want to know what a neighborhood is like? Income level, percentage of college grads, crime rate, and more? They have it. Want some juicy stats on investor activities? Done. How about a list of distressed or potentially stressed properties? Where do you think the list brokers get theirs? Yeah - go straight to the source and we are going to tell you how. We are going to tell you how to get your hands on their Bi Annual Report on Single Family Rental Home prices. And you don’t want to miss this part -- in the last segment I ask Mr. Blomquist to look into his crystal ball and tell us what he sees happening with housing prices and the markets. His answer is coming up! With RealtyTrac since 2001, Daren Blomquist has been instrumental in many facets of the company’s business as it has transformed into the industry leader it is today. In addition to being one of the company’s longest-term employees, Daren is RealtyTrac’s primary media spokesperson and resident go-to expert on foreclosure statistics and trends. Daren is also managing editor of the company’s monthly newsletter, the Foreclosure News Report, which was named the “Nation’s Best Newsletter” by the National Association of Real Estate Editors, and is directly responsible for the creation of the company’s U.S. foreclosure market and sales reports, which are cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. How to Reach 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. 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: Daren Blomquist www.Homefacts.com www.homedisclosure.com www.Realtytrac.com Check out the Neighborhood Index. Look up Flip Transaction Data Read the Bi-Annual Report on Single Family Rental Home Prices Topic: Flash in the Pan Flash in the Pan: https://www.phrases.org.uk/meanings/flash-in-the-pan.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Questions@flippingamericaradio.com Tell us where you’re from! Alissa, Grand Rapids MI, “What do you do for security in your fix and flips? I have one in a marginal area and I’m a bit worried about materials left on site and basically the house itself.” Motivational Thoughts for the day “It doesn’t matter how slowly you go as long as you do not stop.” -Confucious.

Todd talks with Darren about starting his business, how technology helped him launch a new service where consumers get information about houses for sale directly and immediately.  Also talks about opportunities/pitfalls in foreclosures.