Flipping America

Many have expressed that fear is their top barrier to getting active with real estate investing. Part of dealing with fear is understanding the risks and how to mitigate them. Roger breaks down the major risk factors in residential investing and shows you how to deal with those factors. We all need to learn to face our fears and conquer them through action, but this task is made easier when we have engaged in thorough risk mitigation. Below are the news and email items we dealt with on the show. News:

• https://www.inman.com/2017/12/15/3-ways-investor-friendly-real-estate-agents-make-more-money/
• http://blog.sfgate.com/ontheblock/2017/12/15/south-bay-home-with-brightly-lacquered-red-kitchen-listed-for-2-888-million/
• https://www.realtor.com/news/trends/most-buzzed-about-real-estate-stories-2017/
• https://techfinancials.co.za/2017/12/15/wealthe-coin-democratize-access-global-real-estate-investing/
• https://money.usnews.com/investing/news/articles/2017-12-15/harvard-to-outsource-real-estate-investment-to-bain-capital
• https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors
• https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html
• https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain
• https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html

Emails: [email protected] Tell us where you’re from!

• Mike, Homewood, AL “Thanks for a great show. Keep up the good work. I think I want to buy a rental property or two. How do I go about finding them? And what should I be looking for? I have about $120,000 in cash and can buy houses in the outlying areas around Birmingham in the 50-60,000 range.”
• Leah, Birmingham, AL “I heard you talk about buying foreclosures in Alabama and that you don’t do it. But you also say the foreclosure auction is the #1 source for deals. What are we in Alabama supposed to do?”
• Jill, Lancaster, PA “You give out so much information about how to do this on the show. I can’t help but wonder what more you tell people in your training. I haven’t been able to get down there for your workshop so far, but please tell me what I’m missing!”

Today we look at several stories that look into 2018 and attempt to predict what the year will be like. Regular listeners to the show will recall that we have predicted that we are not heading for a crash, but a minor correction. For most markets this will be seen as a slowing in the rate of increase of prices. In some coastal regions we are forecasting a slight drop in prices over the next twelve months. Of the larger markets, Atlanta seems to have the most room to continue with rising prices over the next year, but we believe all the markets will be moving toward a more balanced inventory as new construction starts continue to increase and interest rates inch up. By late 2018 or early 2019 we believe the market will once again be balanced. Here are some of the show notes: News:

• https://www.mpamag.com/news/refi-expectations-drive-improvement-in-real-estate-mark et-outlook-87779.aspx
• https://www.washingtonpost.com/realestate/how-to-begin-investing-in-real-estate--as-a-landlord/2017/12/13/79753a86-73b2-11e7-8f39-eeb7d3a2d304_story.html?utm_term=.bde77c562b30
• https://www.bizjournals.com/southflorida/news/2017/12/15/market-review-real-estate-experts-discuss-outlook.html
• https://seekingalpha.com/article/4132053-real-estate-5-fab-signals-housing
• https://money.usnews.com/investing/news/articles/2017-12-15/harvard-to-outsource-real-estate-investment-to-bain-capital
• https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors
• https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html
• https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain
• https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html

Emails: [email protected] Tell us where you're from!

• Mike, Homewood, AL "Thanks for a great show. Keep up the good work. I think I want to buy a rental property or two. How do I go about finding them? And what should I be looking for? I have about $120,000 in cash and can buy houses in the outlying areas around Birmingham in the 50-60,000 range."
• Leah, Birmingham, AL "I heard you talk about buying foreclosures in Alabama and that you don't do it. But you also say the foreclosure auction is the #1 source for deals. What are we in Alabama supposed to do?"
• Jill, Lancaster, PA "You give out so much information about how to do this on the show. I can't help but wonder what more you tell people in your training. I haven't been able to get down there for your workshop so far, but please tell me what I'm missing!"

Today we look at several stories that look into 2018 and attempt to predict what the year will be like. Regular listeners to the show will recall that we have predicted that we are not heading for a crash, but a minor correction. For most markets this will be seen as a slowing in the rate of increase of prices. In some coastal regions we are forecasting a slight drop in prices over the next twelve months. Of the larger markets, Atlanta seems to have the most room to continue with rising prices over the next year, but we believe all the markets will be moving toward a more balanced inventory as new construction starts continue to increase and interest rates inch up. By late 2018 or early 2019 we believe the market will once again be balanced. Here are some of the show notes: News:

• https://www.mpamag.com/news/refi-expectations-drive-improvement-in-real-estate-mark  et-outlook-87779.aspx
• https://www.washingtonpost.com/realestate/how-to-begin-investing-in-real-estate--as-a-landlord/2017/12/13/79753a86-73b2-11e7-8f39-eeb7d3a2d304_story.html?utm_term=.bde77c562b30
• https://www.bizjournals.com/southflorida/news/2017/12/15/market-review-real-estate-experts-discuss-outlook.html
• https://seekingalpha.com/article/4132053-real-estate-5-fab-signals-housing
• https://money.usnews.com/investing/news/articles/2017-12-15/harvard-to-outsource-real-estate-investment-to-bain-capital
• https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors
• https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html
• https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain
• https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html

Emails: [email protected] Tell us where you’re from!

• Mike, Homewood, AL “Thanks for a great show. Keep up the good work. I think I want to buy a rental property or two. How do I go about finding them? And what should I be looking for? I have about $120,000 in cash and can buy houses in the outlying areas around Birmingham in the 50-60,000 range.”
• Leah, Birmingham, AL “I heard you talk about buying foreclosures in Alabama and that you don’t do it. But you also say the foreclosure auction is the #1 source for deals. What are we in Alabama supposed to do?”
• Jill, Lancaster, PA “You give out so much information about how to do this on the show. I can’t help but wonder what more you tell people in your training. I haven’t been able to get down there for your workshop so far, but please tell me what I’m missing!”

Somebody's going to jail! Hear about the latest real estate Ponzi scheme. Other news from around the country and we answer your questions about Private Lending. News:

• Big New Ponzi Scheme: http://www.valuewalk.com/2017/12/woodbridge-group/
• https://www.calcalistech.com/ctech/articles/0,7340,L-3727947,00.html
• https://www.forbes.com/sites/forbesrealestatecouncil/2017/12/22/the-benefits-and-limits-of-fintech-in-commercial-real-estate/#12d9510333c6
• https://simplywall.st/stocks/gb/real-estate/lse-srei/schroder-real-estate-investment-trust-shares/news/should-you-be-tempted-to-buy-schroder-real-estate-investment-trust-limited-lonsrei-because-of-its-pe-ratio/
• https://www.forbes.com/sites/forbesrealestatecouncil/2017/12/20/three-need-to-know-secrets-of-investing-in-real-estate/#49f94afa1fbf
• https://finance.yahoo.com/news/hottest-housing-market-2017-151702815.html
• https://www.mansionglobal.com/articles/83921-how-the-new-tax-bill-will-impact-major-u-s-real-estate-markets
• http://www.berkeleyside.com/2017/12/21/job-growth-slows-experts-say-real-estate-market-wont-suffer/

Emails: [email protected] Tell us where you're from!

• Harold, Ocala, FL "I'm retired and want to be a passive investor in real estate. My stock broker tells me real estate is too risky, illiquid, and comes with pesky management issues. There has to be a reason people like you are so committed to this, so I'm wondering how you would respond to my broker."
• Charles, Tifton, GA "I have a good friend who's 24 year old son wants to get into flipping houses. Like his dad and me, he works well with his hands and can do a lot of the work himself. I trust him as a person, but I want to know what to look for in the deal he brings me, We are talking about me putting up the money, him doing all the work, and we split the profit."
• Esmerelda, Portland, OR "Could we get you to come to our area and do a training? I know of at least 10 people here who listen to your podcast on iHeart radio and would love for you to train us. What would we need to do to get you to do this?"
• Todd, Sweeny, TX "I heard you talk about small town investing on a previous show. Our small town is a bit different than the previous person. We are not far from Houston and we have quite a bit of opportunity around. My question is this - How would you decide between a good deal just about 20 minutes from the house versus a GREAT deal about an hour away?"
• Jill, St. Paul, MN "Merry Christmas! I know that banks are conservative, yet they still make a lot of money loaning on houses. So if I'm going to invest in real estate, that's what I want to do. How do I find worthy projects to lend on and how do I protect myself as a lender?

Somebody's going to jail! Hear about the latest real estate Ponzi scheme. Other news from around the country and we answer your questions about Private Lending. News:

• Big New Ponzi Scheme: http://www.valuewalk.com/2017/12/woodbridge-group/
• https://www.calcalistech.com/ctech/articles/0,7340,L-3727947,00.html
• https://www.forbes.com/sites/forbesrealestatecouncil/2017/12/22/the-benefits-and-limits-of-fintech-in-commercial-real-estate/#12d9510333c6
• https://simplywall.st/stocks/gb/real-estate/lse-srei/schroder-real-estate-investment-trust-shares/news/should-you-be-tempted-to-buy-schroder-real-estate-investment-trust-limited-lonsrei-because-of-its-pe-ratio/
• https://www.forbes.com/sites/forbesrealestatecouncil/2017/12/20/three-need-to-know-secrets-of-investing-in-real-estate/#49f94afa1fbf
• https://finance.yahoo.com/news/hottest-housing-market-2017-151702815.html
• https://www.mansionglobal.com/articles/83921-how-the-new-tax-bill-will-impact-major-u-s-real-estate-markets
• http://www.berkeleyside.com/2017/12/21/job-growth-slows-experts-say-real-estate-market-wont-suffer/

Emails: [email protected] Tell us where you’re from!

• Harold, Ocala, FL “I’m retired and want to be a passive investor in real estate. My stock broker tells me real estate is too risky, illiquid, and comes with pesky management issues. There has to be a reason people like you are so committed to this, so I’m wondering how you would respond to my broker.”
• Charles, Tifton, GA “I have a good friend who’s 24 year old son wants to get into flipping houses. Like his dad and me, he works well with his hands and can do a lot of the work himself. I trust him as a person, but I want to know what to look for in the deal he brings me, We are talking about me putting up the money, him doing all the work, and we split the profit.”
• Esmerelda, Portland, OR “Could we get you to come to our area and do a training? I know of at least 10 people here who listen to your podcast on iHeart radio and would love for you to train us. What would we need to do to get you to do this?”
• Todd, Sweeny, TX “I heard you talk about small town investing on a previous show. Our small town is a bit different than the previous person. We are not far from Houston and we have quite a bit of opportunity around. My question is this - How would you decide between a good deal just about 20 minutes from the house versus a GREAT deal about an hour away?”
• Jill, St. Paul, MN “Merry Christmas! I know that banks are conservative, yet they still make a lot of money loaning on houses. So if I’m going to invest in real estate, that’s what I want to do. How do I find worthy projects to lend on and how do I protect myself as a lender?