Flipping America

He built a multi-million dollar business. Then he got into real estate. Now he’s 100% real estate. Today you’re going to meet Paul Williams

Hello everyone and welcome to this episode of Flipping America. 

Paul Williams successfully built and exited another company before starting his real estate empire. He knows multi-family, but he also knows business. Hear his story and build on your dream of your real estate investing empire.

Mindset Moment: How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements: News: 

• https://www.multihousingnews.com/post/dlp-real-estate-acquires-4-property-portfolio/
• Back in January I called it the Zoom Boom. People will be surging to the less expensive suburbs. Here’s the evidence it’s happening.  https://www.multihousingnews.com/post/pandemic-sparks-suburban-migration-naree/
• https://www.multihousingnews.com/post/how-is-2021-shaping-up-for-multifamily/
• https://www.multihousingnews.com/post/seattle-multifamily-report-winter-2021/
• https://www.multifamilyexecutive.com/design-development/navigating-the-post-covid-19-multifamily-housing-market_o
• https://www.multifamilyexecutive.com/business-finance/leadership/multifamily-leaders-reflect-on-covid-19-response_o

Questions: Motivational Quote: “Think where a man’s glory most begins and ends, and say my glory was I had such friends.” William Butler Yeats

 

 

Money for a deal is not hard to get if you have the right deal. Today I'm going to show you just how easy it is.

Will Dyer and Wayne Corley, our friends from Bay Mountain Capital are going to talk about hard money, what it is, what it isn't, how to get it, and what Bay Mountain offers. I'm also going to ask them about the things they do to protect your interests. They will do their best to keep you from a bad deal. Great people, great products, and great service.

Mindset Moment:

I think I can, I think I can. This is not enough. You can think all you want about positive outcomes but some things are out of your reach. That's the cold hard reality. But the other side of this argument is there is a LOT more in your reach than you might initially believe.

You can optimistically think you can go establish a colony on Titan or Mars, but for 99.99999% of us, this is not at all realistic. You may think you want to be a billionaire, but again, for most of us it isn't realistic or even to be desired. Today I want you to take an honest look at yourself - your character, your personality, your intellectual ability and your resources. Now ask yourself, "what is possible with what I have?" Spend some time on this.

Then ask, "what if I could improve my character, my personality, my intellectual ability and my resources?" What would be possible then? The good news is you can -- if you decide to. Life is all about choices, but it's not really about the big choices as much as it is the cumulative effect of hundreds of small choices. Those small choices ultimately determine your character, your personality, your resources, and even your intellectual ability.

Here's your thought exercise for today. If you have a choice in front of you that you normally don't give much thought, think for 5 seconds about what if you made a different decision? Is there a smarter path? Use this method instead of merely reacting, floating through life as if you are on an unsteerable raft in a raging river.

You are NOT helpless. You are NOT powerless. You are NOT a victim. Your circumstances are what they are but they need not control you. Get up. Get out from under them. Make small improvements in your life today. Then do it again tomorrow.

How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements: News:

• https://www.realtor.com/videos/video-signs-of-renewal-as-the-spring-season-gets-underway/8eb4d27c-ad8c-4967-a85b-95f5c594fd3e
• https://www.realtor.com/news/trends/metros-where-buyers-are-clamoring-for-big-homes-again/
• https://www.cnbc.com/video/2021/03/12/mtr-is-confident-about-the-future-will-invest-over-12point9-bn-in-projects-ceo.html
• https://www.cnbc.com/2021/03/15/31percent-of-young-adults-moved-during-covid-what-that-means-for-cities.html

Questions

• Lynne, San Francisco, CA, I joined the Buyers Club. Can you tell me the landlord friendly states. I've had some bad experiences trying to get non-payers out of my properties.
• Cyndy, Taos, NM, A group of us want to buy a house together and each have our own room and share the kitchen and common areas. We are all artists, but I'm the one person in the group who owned a home before and I'm thinking about things the others aren't. There won't be a loan on it. But what happens if someone leaves? How would we get our money out?
• Samuel, Topeka, KS "Is it possible to ask you something you don't know about real estate?"
• Kristen, Boston, MA, My husband and I are going through a messy divorce. We have already sold our home and the money - about $400,000 is sitting in escrow waiting for the divorce to be final. The girls and I have a place to live and we are comfortable. I don't plan to buy another home right away. If I were to end up with $200,000 where would you recommend I consider investing it in real estate? I don't want to flip houses. I want to keep my job and routines.
• Caroline, Birmingham, AL "My husband and I have been married a little over 2 years and we are ready to buy a house and start a family. What are some things we should consider in our search?"

Motivational Quote: "We spend a lot of time thinking about what we want to do in ten years. We don't think much about what we need to do tomorrow." Peter Dinklage

Money for a deal is not hard to get if you have the right deal. Today I’m going to show you just how easy it is.

Will Dyer and Wayne Corley, our friends from Bay Mountain Capital are going to talk about hard money, what it is, what it isn’t, how to get it, and what Bay Mountain offers. I’m also going to ask them about   the things they do to protect your interests. They will do their best to keep you from a bad deal. Great people, great products, and great service. 

Mindset Moment:

I think I can, I think I can. This is not enough. You can think all you want about positive outcomes but some things are out of your reach. That’s the cold hard reality. But the other side of this argument is there is a LOT more in your reach than you might initially believe. 

You can optimistically think you can go establish a colony on Titan or Mars, but for 99.99999% of us, this is not at all realistic. You may think you want to be a billionaire, but again, for most of us it isn’t realistic or even to be desired. Today I want you to take an honest look at yourself - your character, your personality, your intellectual ability and your resources. Now ask yourself, “what is possible with what I have?” Spend some time on this.

Then ask, “what if I could improve my character, my personality, my intellectual ability and my resources?” What would be possible then? The good news is you can -- if you decide to. Life is all about choices, but it’s not really about the big choices as much as it is the cumulative effect of hundreds of small choices. Those small choices ultimately determine your character, your personality, your resources, and even your intellectual ability. 

Here’s your thought exercise for today. If you have a choice in front of you that you normally don’t give much thought, think for 5 seconds about what if you made a different decision? Is there a smarter path? Use this method instead of merely reacting, floating through life as if you are on an unsteerable raft in a raging river. 

You are NOT helpless. You are NOT powerless. You are NOT a victim. Your circumstances are what they are but they need not control you. Get up. Get out from under them. Make small improvements in your life today. Then do it again tomorrow. 

How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements: News: 

• https://www.realtor.com/videos/video-signs-of-renewal-as-the-spring-season-gets-underway/8eb4d27c-ad8c-4967-a85b-95f5c594fd3e
• https://www.realtor.com/news/trends/metros-where-buyers-are-clamoring-for-big-homes-again/
• https://www.cnbc.com/video/2021/03/12/mtr-is-confident-about-the-future-will-invest-over-12point9-bn-in-projects-ceo.html
• https://www.cnbc.com/2021/03/15/31percent-of-young-adults-moved-during-covid-what-that-means-for-cities.html

Questions

• Lynne, San Francisco, CA, I joined the Buyers Club. Can you tell me the landlord friendly states. I’ve had some bad experiences trying to get non-payers out of my properties. 
• Cyndy, Taos, NM, A group of us want to buy a house together and each have our own room and share the kitchen and common areas. We are all artists, but I’m the one person in the group who owned a home before and I’m thinking about things the others aren’t. There won’t be a loan on it. But what happens if someone leaves? How would we get our money out?
• Samuel, Topeka, KS “Is it possible to ask you something you don’t know about real estate?”
• Kristen, Boston, MA, My husband and I are going through a messy divorce. We have already sold our home and the money - about $400,000 is sitting in escrow waiting for the divorce to be final. The girls and I have a place to live and we are comfortable. I don’t plan to buy another home right away. If I were to end up with $200,000 where would you recommend I consider investing it in real estate? I don’t want to flip houses. I want to keep my job and routines. 
• Caroline, Birmingham, AL “My husband and I have been married a little over 2 years and we are ready to buy a house and start a family. What are some things we should consider in our search?”

Motivational Quote: “We spend a lot of time thinking about what we want to do in ten years. We don’t think much about what we need to do tomorrow.” Peter Dinklage

 

 

"There is more to a piece of property than the numbers. But if the numbers don't work, move on."

What do you see in your first look at a prospective property investment? I believe that before you look too hard at the property's potential and definitely before you start remodeling bathrooms in your imagination, you should take a hard look at the numbers.

But what are the numbers? Which numbers do we consider? And how do we put them together to understand the deal? Today on this show I am going to talk about all of the essential numbers you need whether you are flipping or holding and will also point out a few numbers that investors often overlook.

Mindset Moment: How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements:

• FAN
• Follow Your Flip
• Property Pairings

News: Questions

• Kate, Chattanooga, TN I'm new into this but need some advice on moving forward to be a real estate investor and quit the w2 9-5. A little background- I bought a house that is a rental now and a couple years ago I bought a duplex in Chattanooga, TN where I now live in 1/2 and rent the other. I'm potentially about to refinance the duplex which is about 4.6%. My thoughts on getting more properties and passive income is that I need to get another loan to buy another house as a primary residence as I don't have enough to put the 25% down required for an investment property (but have great credit).
• It's a tough transition and to be honest with you, you're going to have to work some long hours to pull this off - at the beginning. But if you are ready, it goes something like this:
• • Find a deal,
  • Find a partner or the money
  • Bird dog if you have to.
  • Wholesale if you can
  • Flip when you are able.
  • Use the profits to invest in cash flow.
• There are steps to each of those of course, but that's a basic outline for getting out of a W2 job. The hardest part is the first step. You are wise in your approach to buying another home. You will have to be able to qualify for both payments until you have two years of rental income on your tax return. Bay Mountain Capital can loan you money on rentals before that time based on the rents' ability to cover the debt service. This is known in the business as Debt Service Coverage Ratio. Banks won't do that right away. But if you can qualify to make the duplex payment and then make another payment you could be on your way.
• With excellent credit you can probably start building up business credit with my friend Bill Jennings. Click this link to check it out: http://bit.ly/fafunding
• The great thing about this is once you have the credit established, it does not come back to your personal credit score. If you are better than a 720, Bill can get you a LOT of operating capital. That gives you money for things like down-payments and my coaching program. :) (waaaaay less expensive than Fortune Builders).
• I started in single family. I became an expert in single-family. I can make a lot of money in single-family and I probably will continue to do so. But there's nothing preventing me from adding a little multi-family in there as well. But my involvement will most likely be as a passive investor with someone else.

Motivational Quote: "The bad news is time flies. The good news is you're the pilot" Michael Altshuler

“There is more to a piece of property than the numbers. But if the numbers don’t work, move on.” 

What do you see in your first look at a prospective property investment? I believe that before you look too hard at the property’s potential and definitely before you start remodeling bathrooms in your imagination, you should take a hard look at the numbers. 

But what are the numbers? Which numbers do we consider? And how do we put them together to understand the deal? Today on this show I am going to talk about all of the essential numbers you need whether you are flipping or holding and will also point out a few numbers that investors often overlook.  

Mindset Moment: How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements:

• FAN
• Follow Your Flip
• Property Pairings

News:  Questions

• Kate, Chattanooga, TN I'm new into this but need some advice on moving forward to be a real estate investor and quit the w2 9-5. A little background- I bought a house that is a rental now and a couple years ago I bought a duplex in Chattanooga, TN where I now live in 1/2 and rent the other. I'm potentially about to refinance the duplex which is about 4.6%. My thoughts on getting more properties and passive income is that I need to get another loan to buy another house as a primary residence as I don't have enough to put the 25% down required for an investment property (but have great credit). 
• It’s a tough transition and to be honest with you, you’re going to have to work some long hours to pull this off - at the beginning. But if you are ready, it goes something like this:
• • Find a deal,
  • Find a partner or the money
  • Bird dog if you have to.
  • Wholesale if you can
  • Flip when you are able.
  • Use the profits to invest in cash flow. 
• There are steps to each of those of course, but that’s a basic outline for getting out of a W2 job. The hardest part is the first step. You are wise in your approach to buying another home. You will have to be able to qualify for both payments until you have two years of rental income on your tax return. Bay Mountain Capital can loan you money on rentals before that time based on the rents’ ability to cover the debt service. This is known in the business as Debt Service Coverage Ratio. Banks won’t do that right away. But if you can qualify to make the duplex payment and then make another payment you could be on your way. 
• With excellent credit you can probably start building up business credit with my friend Bill Jennings. Click this link to check it out: http://bit.ly/fafunding
• The great thing about this is once you have the credit established, it does not come back to your personal credit score. If you are better than a 720, Bill can get you a LOT of operating capital. That gives you money for things like down-payments and my coaching program. :)    (waaaaay less expensive than Fortune Builders). 
• I started in single family. I became an expert in single-family. I can make a lot of money in single-family and I probably will continue to do so. But there’s nothing preventing me from adding a little multi-family in there as well. But my involvement will most likely be as a passive investor with someone else. 

Motivational Quote: “The bad news is time flies. The good news is you’re the pilot” Michael Altshuler

 

You might have heard that money is the root of all evil. If you were listening very carefully you might have actually heard the LOVE of money is the root of all evil. The pursuit of money is almost always associated with either hard work or crime, striving, pushing, hustle, and stress. Our guest today, Jonathan DeYoe says it ain't so.

In a world that is market-focused and performance-driven, Mindful Money is goal-focused and planning-driven. Mindfulness, the non-judgmental awareness of the present moment, allows us to ignore the media driven emphasis on "beating the market" – something that is never predictable or controllable – and focus on simple, disciplined behaviors that have long-term impacts on our lives. With this approach, you will feel less anxiety, enjoy better financial outcomes, and earn your happiness dividend – the joy and satisfaction that comes from a life well lived.

"Let your Mindful Wealth Map be your personal finance decision anchor. When fear or greed grip you, or the desire for a new toy overwhelms your wiser self, your Mindful Wealth Map can remind you of what is important and bring you back to the trade-offs you SAID you wanted to make to get the outcomes you know are most important to you." - Jonathan DeYoe

Mindset Moment:

We all have a different definition of success. Some people define success by having a loyal family and children. But most of the world would identify it as achieving power and wealth. Here are some tips from successful people, you can use in college, future career and personal life.

If You Want to Learn Something – Just Do It.

"The best way of learning about anything is by doing." – Richard Branson

Richard Branson is a very successful English businessman, who's inspiring a lot of young people to start their own business and stop being afraid of doing something new! Richard can give us valuable advice – you can't learn about anything without actually doing it. You can read a lot of books on how to ride a bike, but unless you start riding it, you won't be able to know how to do it well.

Develop Yourself

"If I really want to improve my situation, I can work on the one thing over which I have control – myself." – Stephen R. Covey

How can people control others without knowing how to control themselves? If you want to be successful and improve some things around you – start with yourself. Every person should improve themselves before trying to influence the others. Very often it becomes the hardest thing to do. Everybody can see mistakes in others, but when it comes to yourself – it's hard to notice anything wrong.

Be Persistent

"I have not failed. I've just found 10,000 ways that won't work." —Thomas A. Edison

Thomas Edison is one of the most successful American inventors. If his new invention didn't work right away, Edison started trying so many times, until it worked. Simple as that. You shouldn't give up as soon as something doesn't go your way. Edison's key to success is to be persistent and confident. Eventually, you'll be able to achieve great results. Many people give up without understanding that next try could be successful.

Love What You Do

"The only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. " – Steve Jobs

Many people settle on their lousy jobs and work until retirement. It is not necessary! Everyone has a thing they love to do. It can be programming, singing or writing, it doesn't really matter. Your work will be truly successful only if you're passionate about it. Start chasing your dreams, try different jobs. If you're young, you have a lot of possibilities to choose from. Steve Jobs doesn't want you to settle until you're sure it's what you want to do!

Work Hard

"There are no secrets to success. It is the result of preparation, hard work, and learning from failure." – Colin Powell

Colin Powell is right. You may think there are some secrets to success you don't know. Or that you have to be talented in one area to achieve wonderful results. To be honest, it is result from very hard work and learning from failure. It is important to learn from mistakes to not let them happen again. Before you start doing something, you need to prepare, research and work as long as it takes.

Don't Procrastinate

"Procrastination is one of the most common and deadliest of diseases and its toll on success and happiness is heavy." – Wayne Gretzky

No more "I'll start on Monday/tomorrow/next month/year" words! It's now or never. We all know what it is to be a procrastinator. You just can't do anything, you want deadline extension, even if it takes less than an hour to do something. Stop looking for excuses! Successful people don't procrastinate. This is their key to success.

Be Passionate

"Stop chasing the money and start chasing the passion." – Tony Hsieh

We've all heard about Zappos – a company with the happiest employees. Tony Hsieh realized that he didn't have to chase the money. He should find his passion and go for it! If you manage to find that passion, you'll see it can bring money as well. Tony used to spend days, not even hours at work, because he loved it! If you're not ready to devote most of your time and energy on your work, maybe it's not for you.

Choose Wisely

"It is our choices, that show what we truly are, far more than our abilities." – J. K Rowling

You may have some great abilities and talents. But the most important thing is what you do with those abilities. You need to make a lot of choices in your career and they define who you really are. So make sure they are the right ones. Don't let others influence your choices and stay true to your principles.

Revenge Your Enemies by Being Successful

"The best revenge is massive success." – Frank Sinatra

Be ready to hear a lot of meaningless critics. But listen to Sinatra's words – the best revenge is to show all these people how successful you are. There is no need to worry about someone's mean words. All you should do is forget about the bullies and show the world you're better than them.

Stay Focused

"The successful warrior is the average man, with laser-like focus." – Bruce Lee

Bruce Lee was a wise man, who thought it was important to stay focused all the time. You should think only about things, which matter and ignore all the distractions. There are some long-term goals you should think about, so be focused on them. Decide what's important to you and motivate yourself to reach all your goals.

You won't find some extraordinary secrets to success. The most important part is to work hard, believe in your dream, be persistent and don't listen to meaningless critics. Be confident and don't let others stop you. And always practice! Even the most talented people had to spend hours every day to become great. So get rid of procrastination and enjoy improving your skills!

How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements: News: Questions Motivational Quote: I wish you enough I wish you enough sun to keep your attitude bright no matter how grey the day may appear. I wish you enough rain to appreciate the sun even more. I wish you enough happiness to keep your spirit alive and everlasting. I wish you enough pain so that even the smallest of joys in life may appear bigger. I wish you enough gain to satisfy your wanting. I wish you enough loss to appreciate all that you possess. I wish you enough hellos to get you through the final good-bye.

You might have heard that money is the root of all evil. If you were listening very carefully you might have actually heard the LOVE of money is the root of all evil. The pursuit of money is almost always associated with either hard work or crime, striving, pushing, hustle, and stress. Our guest today, Jonathan DeYoe says it ain’t so. 

In a world that is market-focused and performance-driven, Mindful Money is goal-focused and planning-driven.  Mindfulness, the non-judgmental awareness of the present moment, allows us to ignore the media driven emphasis on “beating the market” – something that is never predictable or controllable – and focus on simple, disciplined behaviors that have long-term impacts on our lives. With this approach, you will feel less anxiety, enjoy better financial outcomes, and earn your happiness dividend – the joy and satisfaction that comes from a life well lived.

“Let your Mindful Wealth Map be your personal finance decision anchor. When fear or greed grip you, or the desire for a new toy overwhelms your wiser self, your Mindful Wealth Map can remind you of what is important and bring you back to the trade-offs you SAID you wanted to make to get the outcomes you know are most important to you.” - Jonathan DeYoe

Mindset Moment:

We all have a different definition of success. Some people define success by having a loyal family and children. But most of the world would identify it as achieving power and wealth. Here are some tips from successful people, you can use in college, future career and personal life.

If You Want to Learn Something – Just Do It.

“The best way of learning about anything is by doing.” – Richard Branson

Richard Branson is a very successful English businessman, who’s inspiring a lot of young people to start their own business and stop being afraid of doing something new! Richard can give us valuable advice – you can’t learn about anything without actually doing it. You can read a lot of books on how to ride a bike, but unless you start riding it, you won’t be able to know how to do it well.

Develop Yourself

“If I really want to improve my situation, I can work on the one thing over which I have control – myself.” – Stephen R. Covey

How can people control others without knowing how to control themselves? If you want to be successful and improve some things around you – start with yourself. Every person should improve themselves before trying to influence the others. Very often it becomes the hardest thing to do. Everybody can see mistakes in others, but when it comes to yourself – it’s hard to notice anything wrong.

Be Persistent

“I have not failed. I’ve just found 10,000 ways that won’t work.” —Thomas A. Edison

Thomas Edison is one of the most successful American inventors. If his new invention didn’t work right away, Edison started trying so many times, until it worked. Simple as that. You shouldn’t give up as soon as something doesn’t go your way. Edison’s key to success is to be persistent and confident. Eventually, you’ll be able to achieve great results. Many people give up without understanding that next try could be successful.

Love What You Do

“The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it. ” – Steve Jobs

Many people settle on their lousy jobs and work until retirement. It is not necessary! Everyone has a thing they love to do. It can be programming, singing or writing, it doesn’t really matter. Your work will be truly successful only if you’re passionate about it. Start chasing your dreams, try different jobs. If you’re young, you have a lot of possibilities to choose from. Steve Jobs doesn’t want you to settle until you’re sure it’s what you want to do!

Work Hard

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell

Colin Powell is right. You may think there are some secrets to success you don’t know. Or that you have to be talented in one area to achieve wonderful results. To be honest, it is result from very hard work and learning from failure. It is important to learn from mistakes to not let them happen again. Before you start doing something, you need to prepare, research and work as long as it takes.

Don’t Procrastinate

“Procrastination is one of the most common and deadliest of diseases and its toll on success and happiness is heavy.” – Wayne Gretzky

No more “I’ll start on Monday/tomorrow/next month/year” words! It’s now or never. We all know what it is to be a procrastinator. You just can’t do anything, you want deadline extension, even if it takes less than an hour to do something. Stop looking for excuses! Successful people don’t procrastinate. This is their key to success.

Be Passionate

“Stop chasing the money and start chasing the passion.” – Tony Hsieh

We’ve all heard about Zappos – a company with the happiest employees. Tony Hsieh realized that he didn’t have to chase the money. He should find his passion and go for it! If you manage to find that passion, you’ll see it can bring money as well. Tony used to spend days, not even hours at work, because he loved it! If you’re not ready to devote most of your time and energy on your work, maybe it’s not for you.

Choose Wisely

“It is our choices, that show what we truly are, far more than our abilities.” – J. K Rowling

You may have some great abilities and talents. But the most important thing is what you do with those abilities. You need to make a lot of choices in your career and they define who you really are. So make sure they are the right ones. Don’t let others influence your choices and stay true to your principles.

Revenge Your Enemies by Being Successful

“The best revenge is massive success.” – Frank Sinatra

Be ready to hear a lot of meaningless critics. But listen to Sinatra’s words – the best revenge is to show all these people how successful you are. There is no need to worry about someone’s mean words. All you should do is forget about the bullies and show the world you’re better than them.

Stay Focused

“The successful warrior is the average man, with laser-like focus.” – Bruce Lee

Bruce Lee was a wise man, who thought it was important to stay focused all the time. You should think only about things, which matter and ignore all the distractions. There are some long-term goals you should think about, so be focused on them. Decide what’s important to you and motivate yourself to reach all your goals.

You won’t find some extraordinary secrets to success. The most important part is to work hard, believe in your dream, be persistent and don’t listen to meaningless critics. Be confident and don’t let others stop you. And always practice! Even the most talented people had to spend hours every day to become great. So get rid of procrastination and enjoy improving your skills!

How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements: News:  Questions Motivational Quote: I wish you enough I wish you enough sun to keep your attitude bright no matter how grey the day may appear. I wish you enough rain to appreciate the sun even more. I wish you enough happiness to keep your spirit alive and everlasting. I wish you enough pain so that even the smallest of joys in life may appear bigger. I wish you enough gain to satisfy your wanting. I wish you enough loss to appreciate all that you possess. I wish you enough hellos to get you through the final good-bye.

 

 

It's about that time of year again for small businesses everywhere - tax return time! Today I'm introducing you to someone who can really help.

Introducing Keven O'Leary's (Mr. Wonderful on Shark Tank) small business tax service, called "Tax Hive". Put your business in overdrive.

Their plans include monthly training, online education tools, unlimited tax consulting services, IRS audit protection and more. They will do tax preparation, entity formation and even estate planning.

You'll especially want to hear about their $10,000 guarantee. We have a free ebook for everyone who registers.

Mindset Moment:

I've been thinking about cancel culture for the past few days, this especially in light of the cancellation of Dr. Suess. His work spanned decades of humanity where he spotlighted greed, prejudice and disproportionate authority. And he did this while teaching children how to read in a delightfully fun way. He combined weighty topics, humor, and education in a way that has rarely been matched. In many ways he was ahead of his time. Yet today he is judged with a different standard by Generation PT. That's "Generation Participation Trophy," which is my name for pretty much everyone under the age of 35.

I know I run the risk of being the old man with the "I had to walk five miles to school, uphill both ways, in snow, sleet, rain, or wildfire." stories. But did today's young judges of all that is morally proper ever hear the phrase "sticks and stones may break my bones, but names will never hurt me?" You know what you can correctly call someone who is easily offended? Weak. Immature. Or too spoiled to know what real hardship is.

These are the same people who now want to cancel Abraham Lincoln because he didn't do enough. Rewrite history, tear down statues of imperfect people, establish new standards of wokeness, crucify anyone who doesn't conform and especially those who disagree. I want to say I've never seen anything like it, but that would not be true. I've seen and experienced something JUST like this.

I grew up in the Independent Baptist Church movement. Yes we had Jesus, but in order to hang out with us you had to line up with us on about 150 other points of dogma. Our rule forbade any kind of secular music, and then ended up forbidding most Christian music because it "sounded secular." Females were never allowed to wear pants. Men could not have hair touching their ears or collars. We had sermons against wire rim glasses, bubble gum, roller skating, short hair on women and an endless number of social issues intentionally designed to make us look peculiar. And then the doctrine. Most people listening to my voice will have no idea what a dispensation is. But I've seen heated arguments and vile things said between people who disagreed about dispensationalism, covenant theology, Bible versions, predestination, and maybe 30 or so hair-splitting interpretations of the book of Revelation.

So I'm going to prescribe a response to today's cancel culture and make a bold prediction.

1. Response: Stand firm for what is right. Wait it out.
2. Prediction: the Cancel Culture will implode. They will eat their own.

There is essentially NO independent Baptist movement in America today. The group that once boasted some of the largest churches across the country has imploded. Many of the churches, colleges and schools are completely gone. They succeeded in splintering into so many factions that splinters were all that were left.

Cancel culture is going to fail. Any movement that makes up its own morals and then condemns those who don't measure up will ultimately fail. Why?

1. Moral or doctrinal purity is a constantly moving target. For years we were told that we should allow people to express their own sexual preference. Then suddenly last year that phrase became "old" and "incorrect". Now it's sexual orientation. I could give you a thousand examples of shifts in phraseology or even what is considered correct.
2. No one is perfect. Most people realize this.
3. No one from history who, completely unaware of today's sensibilities, will ever measure up. Most people realize this.
4. Today's woke crowd will not measure up to tomorrow's standards. Jesus himself prophesied this: "the measure you use to judge others will be used against you." The "measure" being used to judge people from the past is something those being judged could not have known. Today's judges will be judged by future standards of which they know nothing. And they will be cancelled.
5. The social milieu created by the cancel culture is divisive and will lead not to greater harmony. It leads to fractured or splinter groups and they cannot survive.

Coalitions are built around agreement on core issues and agreement to disagree on other issues. Cancel culture moves peripheral issues to the core and then breaks up the group because of a newly heightened significance attached to an issue about which there can be no consensus.

What do you say about a parent who does nothing to control their toddler's temper tantrums? Weak, uninformed, and ultimately cowardly. What does the child learn? Tantrums get your goals accomplished. Today's business and political leaders remind me of those parents. Weak, Uninformed, and ultimately cowardly.

How about this instead? Win the argument. Study what you believe, prepare your response, and win the argument.

What's a real estate investor supposed to do with all this? I don't know - maybe this show is all about real estate and a little bit more. Let me know what you think. [email protected]

How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements:

• "Find Your Fit in Real Estate Investing." This is a free course designed to help you get started on the right path. It's available at bit.ly/findyourfitinre.

News:

• https://realestate.usnews.com/real-estate/articles/should-i-buy-a-house-now
• https://www.worldpropertyjournal.com/real-estate-news/united-states/la-jolla/real-estate-news-2021-vacation-home-sales-data-redfin-housing-reports-top-vacation-home-markets-of-2021-coronavirus-impact-on-vacation-home-sales-12363.php
• https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-renting-versus-owning-a-home-benefits-2021-housing-predictions-attom-data-solution-2021-median-home-prices-12308.php
• https://www.cnbc.com/2021/03/03/45-billion-in-rental-assistance-may-soon-be-available-how-to-apply-.html

Questions

• Jackson, Memphis TN, "New member here. How do I get into the Buyers Club? Do I need to be nominated?"
• Alison, South Bend, IN, "Is it possible to flip commercial buildings?"
• Samantha, Lakeland, FL, "I have a rental house that has a problem with mold. I've spent thousands a couple of different times to have the mold remediated, but it always comes back. Please - do you have any ideas?"
• Cameron, Austin, TX, "I am looking at trying to build a presence on social media for my flipping business. How much of your business comes from your social media presence?"
• Suzanne, Boulder, CO, "it's been a long winter. What do you do over the winter when houses can't really be repaired?

Motivational Quote: "Don't look for the needle in the haystack. Just buy the haystack!" -Jack Bogle

It’s about that time of year again for small businesses everywhere - tax return time! Today I’m introducing you to someone who can really help. 

Introducing Keven O'Leary's (Mr. Wonderful on Shark Tank) small business tax service, called "Tax Hive". Put your business in overdrive.

Their plans include monthly training, online education tools, unlimited tax consulting services, IRS audit protection and more. They will do tax preparation, entity formation and even estate planning.

You'll especially want to hear about their $10,000 guarantee. We have a free ebook for everyone who registers.

Mindset Moment:

I’ve been thinking about cancel culture for the past few days, this especially in light of the cancellation of Dr. Suess. His work spanned decades of humanity where he spotlighted greed, prejudice and disproportionate authority. And he did this while teaching children how to read in a delightfully fun way. He combined weighty topics, humor, and education in a way that has rarely been matched. In many ways he was ahead of his time. Yet today he is judged with a different standard by Generation PT. That’s “Generation Participation Trophy,” which is my name for pretty much everyone under the age of 35. 

I know I run the risk of being the old man with the “I had to walk five miles to school, uphill both ways, in snow, sleet, rain, or wildfire.” stories. But did today’s young judges of all that is morally proper ever hear the phrase “sticks and stones may break my bones, but names will never hurt me?” You know what you can correctly call someone who is easily offended? Weak. Immature. Or too spoiled to know what real hardship is. 

These are the same people who now want to cancel Abraham Lincoln because he didn’t do enough. Rewrite history, tear down statues of imperfect people, establish new standards of wokeness, crucify anyone who doesn’t conform and especially those who disagree. I want to say I’ve never seen anything like it, but that would not be true. I’ve seen and experienced something JUST like this. 

I grew up in the Independent Baptist Church movement. Yes we had Jesus, but in order to hang out with us you had to line up with us on about 150 other points of dogma. Our rule forbade any kind of secular music, and then ended up forbidding most Christian music because it “sounded secular.” Females were never allowed to wear pants. Men could not have hair touching their ears or collars. We had sermons against wire rim glasses, bubble gum, roller skating, short hair on women and an endless number of social issues intentionally designed to make us look peculiar. And then the doctrine. Most people listening to my voice will have no idea what a dispensation is. But I’ve seen heated arguments and vile things said between people who disagreed about dispensationalism, covenant theology, Bible versions, predestination, and maybe 30 or so hair-splitting interpretations of the book of Revelation. 

So I’m going to prescribe a response to today’s cancel culture and make a bold prediction. 

1. Response: Stand firm for what is right. Wait it out. 
2. Prediction: the Cancel Culture will implode. They will eat their own.

There is essentially NO independent Baptist movement in America today. The group that once boasted some of the largest churches across the country has imploded. Many of the churches, colleges and schools are completely gone. They succeeded in splintering into so many factions that splinters were all that were left. 

Cancel culture is going to fail. Any movement that makes up its own morals and then condemns those who don’t measure up will ultimately fail. Why?

1. Moral or doctrinal purity is a constantly moving target. For years we were told that we should allow people to express their own sexual preference. Then suddenly last year that phrase became “old” and “incorrect”. Now it’s sexual orientation. I could give you a thousand examples of shifts in phraseology or even what is considered correct.
2. No one is perfect. Most people realize this.
3. No one from history who, completely unaware of today’s sensibilities, will ever measure up. Most people realize this. 
4. Today’s woke crowd will not measure up to tomorrow’s standards. Jesus himself prophesied this: “the measure you use to judge others will be used against you.” The “measure” being used to judge people from the past is something those being judged could not have known. Today’s judges will be judged by future standards of which they know nothing. And they will be cancelled.
5. The social milieu created by the cancel culture is divisive and will lead not to greater harmony. It leads to fractured or splinter groups and they cannot survive. 

Coalitions are built around agreement on core issues and agreement to disagree on other issues. Cancel culture moves peripheral issues to the core and then breaks up the group because of a newly heightened significance attached to an issue about which there can be no consensus.

What do you say about a parent who does nothing to control their toddler’s temper tantrums? Weak, uninformed, and ultimately cowardly. What does the child learn? Tantrums get your goals accomplished. Today’s business and political leaders remind me of those parents. Weak, Uninformed, and ultimately cowardly. 

How about this instead? Win the argument. Study what you believe, prepare your response, and win the argument. 

What’s a real estate investor supposed to do with all this? I don’t know - maybe this show is all about real estate and a little bit more. Let me know what you think. [email protected]

How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Announcements:

• “Find Your Fit in Real Estate Investing.” This is a free course designed to help you get started on the right path. It’s available at bit.ly/findyourfitinre. 

News: 

• https://realestate.usnews.com/real-estate/articles/should-i-buy-a-house-now
• https://www.worldpropertyjournal.com/real-estate-news/united-states/la-jolla/real-estate-news-2021-vacation-home-sales-data-redfin-housing-reports-top-vacation-home-markets-of-2021-coronavirus-impact-on-vacation-home-sales-12363.php
• https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-renting-versus-owning-a-home-benefits-2021-housing-predictions-attom-data-solution-2021-median-home-prices-12308.php
• https://www.cnbc.com/2021/03/03/45-billion-in-rental-assistance-may-soon-be-available-how-to-apply-.html

Questions

• Jackson, Memphis TN, “New member here. How do I get into the Buyers Club? Do I need to be nominated?”
• Alison, South Bend, IN, “Is it possible to flip commercial buildings?”
• Samantha, Lakeland, FL, “I have a rental house that has a problem with mold. I’ve spent thousands a couple of different times to have the mold remediated, but it always comes back. Please - do you have any ideas?”
• Cameron, Austin, TX, “I am looking at trying to build a presence on social media for my flipping business. How much of your business comes from your social media presence?”
• Suzanne, Boulder, CO, “it’s been a long winter. What do you do over the winter when houses can’t really be repaired?

Motivational Quote: "Don't look for the needle in the haystack. Just buy the haystack!" -Jack Bogle

 

Flipping houses is popular and is the subject of many TV shows. But it isn't for everyone. In fact, it's probably not for MOST people. There are many ways to invest in real estate and you should consider all your options before launching. For some the skills required are not a good fit. For others it's the money required.

I want you to take a comprehensive and honest look at yourself before embarking on your real estate investing adventure. You can try things and see what works for you or you can save time and money by thinking through the issues ahead of time. Later in the show I'm going to play the audio from lesson one in my new course "Find Your Fit in Real Estate Investing." This is a free course designed to help you get started on the right path. It's available at bit.ly/findyourfitinre. It's just 5 lessons. You can take the entire course in one afternoon or one weekend.

Before we get to the course I'm going to try and finish up the questions we had put together for the BIG Q&A shows we just did.

Mindset Moment: How to contact us

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 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

American IRA: www.americanIRA.com

Flipping America Buyers Club

Legal Shield

Questions:

1. Peter, Villages of Ocala, FL, What should I look for in a lucrative investment property?
2. Cissie, Blue Ridge, GA, Does a higher credit score mean a better mortgage rate?
3. 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. Can a seller help me pay closing costs?
16. As a buyer do I have to pay a home inspector?
17. Should I get a survey?

Motivational Quote: "The common man is not concerned about the passage of time, the man of talent is driven by it." Arthur Schopenhauer