You have questions. Lots of them. Lots more than I could get into the previous show so today I'm continuing to answer your questions.

If you have questions about real estate or real estate investing, send them in an email to [email protected]. We will answer your question within 24 hours and we might end up using it on a show like this. We like helping people and we like getting questions and feedback from the audience. So to encourage this, today we are starting a question contest. You have until March 15 to submit your questions via email to us. On the Monday, March 15 show, we are going to announce our contest winners and their prizes, which will include training, books and technology products with a combined value of over $10,000. All you have to do is send a question to [email protected]. Tell us where you are from, and ask your question, and tell me in one paragraph why you are worthy and deserving of a full scholarship to my Ultimate Real Estate Investor Machine Training. Most of the prizes will be from random drawings, but the grand prize - this $6000 scholarship will be awarded to one person based on a decision from our distinguished panel of judges here at Flipping America.

Every question becomes an entrant for one of the prizes, and every paragraph of worthiness will be considered for the Grand Prize.

Mindset Moment:

Hey fellow entrepreneurs, I know that someone listening to me right now is thinking about giving up, going back to a W2 job, just to ease the stress and uncertainty of this life. This message is for you. I'm not going to tell you to not give up. I'm going to ask you to think objectively about your situation. Some of you probably should give up and get a job. Does it surprise you that I would say that? I'm just being real. This life simply isn't for everyone. If I'm honest, and I always am, there have been some days I've wondered if it's for me.

Here's what I encourage you to think about:

The Situation

The Realistic Prospects

Your Skills

Your Motivation

Your Mindset - are you really cut out to be a business owner?

What is happening when you feel "on top of things"?

How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!

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Call our National Comment Line: 877-55-ROGER (877-557-6437) ext 1. Leave your message or your question.

Email your questions to [email protected]. 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

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Announcements:

News: Questions The Top Asked Real Estate Investing Questions

1. Marcus, Frankfort, KY, (and dozens of others) Why should I invest in real estate?
2. Sara, Long Beach, CA, What kind of real estate investments are best?
3. Manza, San Antonio, TX How do I find a profitable investment property?
4. Anthony, Chicago, IL Where will I find the most profitable investment properties?
5. Tracy, Chattanooga, TN How much initial capital do I need?
6. Quentin, Moss Creek, SC How will I finance the property?
7. Andrew, Puget Sound, WA, How long does it normally take to see profit from a flip?
8. Pradesh, Atlanta, GA What contingency plans can I implement if my exit strategy fails on a flip?"
9. Lakeisha, Mobile, AL, "Can I begin investing in real estate with no money?"
10. Shawanda, Conyers, GA, "Is real estate investing easier if I already own property?"
11. Jonathan, Portland, ME "Do I need a real estate agent when buying a property?"
12. Tasha, Pittsburgh, PA "Should I invest in out-of-state properties?"
13. Roselle, Denver, CO and about 200 others, "How can I learn about real estate investing?
14. Alvin, Pasadena, CA "Do I need a real estate mentor?"
15. Anthony, Jacksonville, FL "How will I determine the rent to charge for my property?"
16. Kimberly, Roseberg, OR "How do I find the right tenant for my rental property?"
17. Jameson, Johns Creek, GA"Should I make any improvements to my investment property before renting it out?"
18. Sheila, Orlando, FL "Should I hire professional property management?"
19. Matthew, Forsyth, GA "Do I need a home inspection?"
20. Jimmy, Stockbridge, GA "Do I need a real estate license as an investor?"
21. Candice, Stone Mountain, GA "What does After Repair Value mean?"
22. Freddie, Waukesha, WI, "What marketing campaigns are best for new investors?"
23. Carmine, Columbus, OH "What are the best tax benefits associated with real estate investing?"
24. Addison, Milwaukee, WI "How should my real estate company be structured?"
25. Larry, Harrisburg, PA "How do I choose a name for my real estate company?"
26. Arden, Greenville, SC "How suitable is my market (Greenville) for investing?
27. Sal, Leet Township, PA, "How do I determine the value of an investment property?"
28. Charlene, Port St. Lucie, FL "How much of a down payment and mortgage do I need to get started? How much additional capital will I need in the future?
29. William, Boulder, CO, "What do I need to know about a potential city where I might invest and how do I get this information?
30. Cameron, Provo, UT, "I'm a college student and my studies keep me pretty busy. Is there something I could be doing right now to build my future as a real estate investor? I can devote about 4-6 hours a week to this"

Real Estate Questions Asked by: Homebuyers

1. Adrian, Modesto, CA, Should I buy or rent a home?
2. Manny, Philadelphia, PA, How do I figure out what kind of home can I afford?
3. Charlene, St. Petersburg, FL, When should I apply for a mortgage pre-approval?
4. Arthur, Daytona Beach, FL, How do I look for a home?
5. Cindy, Atlanta, GA Is it possible to buy a home and sell my current one simultaneously? I'm thinking about calling OfferPad.
6. Marvin, Knoxville, TN, I am under contract to sell my house. I've changed my mind. Can I still back out of the deal? It's a legal contract. You could be sued for failure to perform. You should offer the buyer money - cover all their costs and then some. They could force you to sell.
7. Harold, Jacksonville, FL Do I really need a real estate agent?
8. Mitch, Ft. Worth, TX, Can I trust my real estate agent?
9. Jennifer, Memphis, TN How much do I pay a real estate agent?
10. Austin, Indianapolis, IN I'm thinking about buying my first home. Where do I start?
11. Harvin, Pittsburgh, PA, Is there a "best" time of year price-wise to buy a home?
12. Ernesto, Columbus, GA Can I buy a home with no down payment?
13. Stan, Dallas, TX, How does mortgage loan insurance work?
14. LaWanda, Jackson, MS, How much will I need for closing costs?
15. Maggie, Charlotte, NC, Should I lower the list price, or offer an incentive to realtors to sell my home faster?
16. Patricia, Birmingham, AL What color of houses sell fastest?
17. Peter, Villages of Ocala, FL, What should I look for in a lucrative investment property?
18. Cissie, Blue Ridge, GA, Does a higher credit score mean a better mortgage rate?
19. Shondra, Mobile, AL, What does the new mortgage stress test mean?

Home Sellers, Dozens, if not hundreds of people are asking these questions.

1. How do I prepare my home before I sell it?
2. When is the best time to sell my home?
3. How long will it take to sell my home?
4. How can I figure out how much a home is worth?
5. Why is my home's assessed value different than the market value?
6. Are real estate prices negotiable?
7. How much of the sale price do I get?
8. Is paying 6% to sell a home required?
9. Do discount agents provide the same service as more expensive agents?
10. What is a home buyer rebate?
11. Should I sell my home before buying a new one?
12. What is the first step for buying a home?
13. Why do I need a mortgage before I buy a house?
14. Can I back out of buying a house?
15. How can a real estate agent help me buy or sell a home?

Motivational Quote: " Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma – which is living with the results of other people's thinking. Don't let the noise of other's opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary." – Steve Jobs, Co-founder, CEO, Chairman Apple Inc.