Flipping America

I have a lot going on. Today I’m going to share with you my system for getting everything done. 

Years ago I created my own system and at the encouragement of others, decided to publish, which we have been doing since 2017. I don’t say much about this, but my program, called the GMS planner is available for sale on Amazon. It’s a life planning system that includes an undated calendar so you can start using it anytime. It’s designed to take you through what I’ve named the GMS process. GMS is simple - stands for Goals, Milestones and Steps. 

I’ll get into it more in a few minutes. But first I want to share a couple of headlines with you. 

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

News: 

• https://realestate.usnews.com/real-estate/articles/the-top-housing-markets-in-the-us
• https://realestate.usnews.com/real-estate/articles/what-you-need-to-know-about-using-virtual-house-tours-to-sell-your-home
• https://www.housingwire.com/articles/experts-optimistic-about-home-sales-in-2021/
• https://www.attomdata.com/news/market-trends/figuresfriday/top-10-most-populated-u-s-counties-with-foreclosure-starts-on-the-rise/
• https://www.cnbc.com/2021/02/11/zillow-hopes-to-turn-real-estate-porn-users-during-covid-into-actual-sales.html?&qsearchterm=real%20estate
• https://www.forbes.com/sites/ellenparis/2021/01/18/the-most-popular-cities-for-millennial-homebuyers-according-to-lendingtree/?ss=real-estate&sh=6fc2641e362e

Questions

•  

Motivational Quote: “He who every morning plans the transactions of that day and follows that plan carries a thread that will guide him through the labyrinth of the most busy life.” Victor Hugo

 

They say there are two things in life that are unavoidable - death and taxes. But do you know the two things that will take most of your cash? Taxes and --- Inflation. In a moment I'm going to share with you the basic rules to the Game of Money. And then we are going to talk with someone who can help us with Rule number 2.

There are three basic rules to the Money Game:

1. Create
2. Keep
3. Protect.

Your winning strategy involves keeping your money moving with as little tax liability as legally possible. For that you are going to need an accountant who KNOWS what they are doing.

Will Tomasello is joining us. He is a partner in a large accounting firm in Atlanta, huge real estate investor with commercial and residential portfolios, licensed to practice before the IRS and is by one of the most knowledgeable tax strategists I've ever met. We are going to talk frankly about why you need an accountant, what you might be missing by not having one, and why you need one who knows real estate.

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

Announcements:

• We don't encourage you to drop what you are doing and start flipping houses like you see on TV. But we do encourage everyone to consider real estate as a part of a balanced investment portfolio. To that end, we aim to bring you the best information, instruction, and inspiration - the latest tech as well as the latest techniques, methods, asset classes, processes, statistics, demographics, up-to-date real estate news and whatever else we think will help you make a good decision about your personal relationship with real estate.

News:

• Lumber prices up! Plan for it. And Plan for more. https://www.cnbc.com/2021/02/10/lumber-prices-skyrocket-pushing-up-housing-costs.html
• Bank of America is tripling their commitment to affordable housing. $15B for 60,000 home buyers. . https://www.cnbc.com/video/2021/02/03/bank-of-america-on-its-15b-commitment-to-triple-affordable-homeownership.html
• You'd think people would sell in a seller's market. https://www.wcjb.com/2021/02/04/2021-housing-market-trends-real-estate-experts-say-to-buy-refinance-now/

Questions Motivational Quote: "The same boiling water that softens the potato hardens the egg. It's what you're made of. Not the circumstances." – Unknown

They say there are two things in life that are unavoidable - death and taxes. But do you know the two things that will take most of your cash? Taxes and --- Inflation. In a moment I’m going to share with you the basic rules to the Game of Money. And then we are going to talk with someone who can help us with Rule number 2. 

There are three basic rules to the Money Game:

1. Create
2. Keep
3. Protect.

Your winning strategy involves keeping your money moving with as little tax liability as legally possible. For that you are going to need an accountant who KNOWS what they are doing. 

Will Tomasello is joining us. He is a partner in a large accounting firm in Atlanta, huge real estate investor with commercial and residential portfolios, licensed to practice before the IRS and is by one of the most knowledgeable tax strategists I’ve ever met. We are going to talk frankly about why you need an accountant, what you might be missing by not having one, and why you need one who knows real estate. 

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

Announcements:

• We don’t encourage you to drop what you are doing and start flipping houses like you see on TV. But we do encourage everyone to consider real estate as a part of a balanced investment portfolio. To that end, we aim to bring you the best information, instruction, and inspiration - the latest tech as well as the latest techniques, methods, asset classes, processes, statistics, demographics, up-to-date real estate news and whatever else we think will help you make a good decision about your personal relationship with real estate. 

News: 

• Lumber prices up! Plan for it. And Plan for more.  https://www.cnbc.com/2021/02/10/lumber-prices-skyrocket-pushing-up-housing-costs.html
• Bank of America is tripling their commitment to affordable housing. $15B for 60,000 home buyers. . https://www.cnbc.com/video/2021/02/03/bank-of-america-on-its-15b-commitment-to-triple-affordable-homeownership.html
• You’d think people would sell in a seller’s market. https://www.wcjb.com/2021/02/04/2021-housing-market-trends-real-estate-experts-say-to-buy-refinance-now/

Questions Motivational Quote: “The same boiling water that softens the potato hardens the egg. It’s what you’re made of. Not the circumstances.” – Unknown

 

You can make a lot of money in real estate. You can also end up owing the IRS a lot of money if you don't keep good records. I'm going to tell you how to keep those records today in an episode called, "Counting Your Chickens"

Of course you can only really count them after they hatch. But how do you do it? I've encountered Certified Public Accountants who know Quickbooks well but do NOT know how to book flip houses. Today we are doing a quick overview from the Real Estate Investing Tech Guru himself, Nick Baldo. Nick is an active investor with an amazing grasp of the technology and how it can be used to benefit our businesses. He is going to make sure you know how to record what you're doing and not make a big mess.

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

Questions

• Warren, Duluth, GA, "How can I get a list of foreclosures in Georgia?"
• Peter, Tampa, FL, "What are the financial arrangements for buying at the foreclosure auction? How much money do I need to bring?"
• Connie, Decatur, GA "The ad says cash or certified funds. I guess that means official checks, but if I don't know how much I'm going to bid, how do I know how much to make out the check for?"
• Demetrius, Macon, GA "What type of Deed will I receive? Will it be free and clear?"
• Presley, Milwaukee, WI, "From a list of more than a hundred properties being sold -- and I can't believe it's so many -- how do you begin to sort it all out to decide what to buy? Do you look at all of them?"
• Collette, Douglasville, GA "How do you get into the houses to see what kind of work they will need? I've driven by a few and it looks like people are still living in them."
• Earl, Hoover, AL "What is the right of redemption? It sounds like a reason I would NOT want to buy at the courthouse steps but perhaps I am misunderstanding."
• Cynandra, East Point, GA "If I buy a house and people are still living there, what do I do with them?"
• • Cash for keys
  • Eviction
  • Sell back to them for better deal?
• Jennifer, John's Creek, GA "I just heard that it takes 30-60 days to get the deed from the foreclosing attorney. What is my legal status in the property during this waiting period and what can I do with it?"

Motivational Quote: "Smart people learn from everything and everyone, average people from their experiences, stupid people already have all the answers." – Socrates

You can make a lot of money in real estate. You can also end up owing the IRS a lot of money if you don’t keep good records. I’m going to tell you how to keep those records today in an episode called, “Counting Your Chickens”

Of course you can only really count them after they hatch. But how do you do it? I've encountered Certified Public Accountants who know Quickbooks well but do NOT know how to book flip houses. Today we are doing a quick overview from the Real Estate Investing Tech Guru himself, Nick Baldo. Nick is an active investor with an amazing grasp of the technology and how it can be used to benefit our businesses. He is going to make sure you know how to record what you're doing and not make a big mess. 

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

Questions

• Warren, Duluth, GA, “How can I get a list of foreclosures in Georgia?”
• Peter, Tampa, FL, “What are the financial arrangements for buying at the foreclosure auction? How much money do I need to bring?”
• Connie, Decatur, GA “The ad says cash or certified funds. I guess that means official checks, but if I don’t know how much I’m going to bid, how do I know how much to make out the check for?”
• Demetrius, Macon, GA “What type of Deed will I receive? Will it be free and clear?”
• Presley, Milwaukee, WI, “From a list of more than a hundred properties being sold -- and I can’t believe it’s so many -- how do you begin to sort it all out to decide what to buy? Do you look at all of them?”
• Collette, Douglasville, GA “How do you get into the houses to see what kind of work they will need? I’ve driven by a few and it looks like people are still living in them.”
• Earl, Hoover, AL “What is the right of redemption? It sounds like a reason I would NOT want to buy at the courthouse steps but perhaps I am misunderstanding.”
• Cynandra, East Point, GA “If I buy a house and people are still living there, what do I do with them?”
• • Cash for keys
  • Eviction
  • Sell back to them for better deal?
• Jennifer, John’s Creek, GA “I just heard that it takes 30-60 days to get the deed from the foreclosing attorney. What is my legal status in the property during this waiting period and what can I do with it?”

Motivational Quote: “Smart people learn from everything and everyone, average people from their experiences, stupid people already have all the answers.” – Socrates

 

 

If you have spoken to ten people who want to sell their property then you have probably looked at seven or eight deals that just don't work. What do you do then? When I started out in this business I found myself saying, "I'm sorry, I can't help you." But there is a better way, and today I'm going to share it with you.

Scott Ulmer and Tan Michell are joining me in a few minutes to talk about how to make a deal when it doesn't look like the property IS a deal. We are diving in right away but you can always learn more at FlippingAmerica.net.

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

Motivational Quote:

• "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

If you have spoken to ten people who want to sell their property then you have probably looked at seven or eight deals that just don’t work. What do you do then? When I started out in this business I found myself saying, “I’m sorry, I can’t help you.” But there is a better way, and today I’m going to share it with you. 

Scott Ulmer and Tan Michell are joining me in a few minutes to talk about how to make a deal when it doesn’t look like the property IS a deal. We are diving in right away but you can always learn more at FlippingAmerica.net.

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

Motivational Quote:

 

• "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

 

 

 

Are you serious about getting into the real estate investing business? Today I'm going to talk about the best way to do that.

In a few minutes I'm going to play for you a brief presentation I did for those on a recent Flipping America REIA call describing my coaching program in detail. You're going to hear that it covers every topic you need in order to launch and grow your real estate career. Or if you just want real estate as a side gig, I'm prepared to guide you there as well. We do a personalized investing plan with every person in the program, provide a ton of content online and do a weekly coaching call with me.

Why should you hire me to train you? Since 2002 I've been a part of over 2000 real estate transactions including more than 1000 fix and flip projects, hundreds of rental houses, and hundreds of other projects either as a funder, a third-party buyer, or a wholesaler. When it comes to single-family homes you're not going to find anyone with more experience, knowledge or understanding of the process. There isn't a deal structure I haven't used. There isn't a piece of the process that I haven't built a system or even an entire course around. I've been doing it for years and I've been teaching it for years. I'm still doing deals today.

But don't just listen to me, listen to others:

I just got off the phone with Roger for our 1:1 strategy call and it was amazing. The breadth of his knowledge and his willingness to share his experience and expertise as an investor was enlightening. Roger is the real deal, I learned more in our 30 min conference call than I did from other investment instruments that I have been using thus far. My sincere thanks for an awesome jump start to my career as a real estate investor.

Raghu Valusani does 8-10 wholesale deals every month now. Here's what he said:

I was looking for someone who has tremendous amount of Knowledge, Experience friendly and Helpful. So I joined FlipStarter Course in March 2019, came to know How really caring and genuinely interested in helping, I understood "He is the one", I joined Roger's Coaching program, which is Amazing!. I would not be where I am without him and I alway have deep gratitude for Roger.

"Before meeting Roger we were very lost in the real estate world and always felt like we were trying to get a sip of water out of a fire hydrant. The minute we met Roger and joined his coaching program, we felt a huge relief. Roger is an open book and very honest, he will guide you but also tell you when you're not doing things correctly. He has probably answered a million questions for us and that alone we could not be more grateful for. If you're even thinking about paying for one of those seminars, or classes from the "big players" save your money and join Roger's coaching program, I promise you it is worth every penny."

Jorge and Chabelly Rodriquez

It was a joy to work with Roger, but more importantly Educational. This was our first home renovation project. We did not have a clue where to start, Roger put us in contact with the right company to fund our project and that set us off in the right direction. From there we ran into a lot of obstacles along the way. He gave great advice when we needed him too. More importantly he made him accessible throughout the entire time. I would definitely recommend anyone inexperienced in flipping properties to work with Roger.

Lamar Johnson

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

Announcements:

• Looking for focus group volunteers for the FAN

News

• They 3D printed a house on site! 1400 sf 3/2, $299,000. https://www.architecturaldigest.com/story/a-3d-printed-home-is-on-the-market-in-new-york
• I always say "compare everything with everything" Here's an interesting take on investing in real estate vs stocks. https://www.marketwatch.com/story/should-you-invest-in-stocks-or-real-estate-2021-01-22

Questions

• Henrietta, 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?"

Motivational Quote:

• "Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing." – Life Quote By Helen Keller

Are you serious about getting into the real estate investing business? Today I’m going to talk about the best way to do that. 

In a few minutes I’m going to play for you a brief presentation I did for those on a recent Flipping America REIA call describing my coaching program in detail. You’re going to hear that it covers every topic you need in order to launch and grow your real estate career. Or if you just want real estate as a side gig, I’m prepared to guide you there as well. We do a personalized investing plan with every person in the program, provide a ton of content online and do a weekly coaching call with me. 

Why should you hire me to train you? Since 2002 I’ve been a part of over 2000 real estate transactions including more than 1000 fix and flip projects, hundreds of rental houses, and hundreds of other projects either as a funder, a third-party buyer, or a wholesaler. When it comes to single-family homes you’re not going to find anyone with more experience, knowledge or understanding of the process. There isn’t a deal structure I haven’t used. There isn’t a piece of the process that I haven’t built a system or even an entire course around. I’ve been doing it for years and I’ve been teaching it for years. I’m still doing deals today. 

But don’t just listen to me, listen to others: 

I just got off the phone with Roger for our 1:1 strategy call and it was amazing. The breadth of his knowledge and his willingness to share his experience and expertise as an investor was enlightening. Roger is the real deal, I learned more in our 30 min conference call than I did from other investment instruments that I have been using thus far. My sincere thanks for an awesome jump start to my career as a real estate investor.

Raghu Valusani does 8-10 wholesale deals every month now. Here’s what he said: 

I was looking for someone who has tremendous amount of Knowledge, Experience friendly and Helpful. So I joined FlipStarter Course in March 2019, came to know How really caring and genuinely interested in helping, I understood "He is the one", I joined Roger's Coaching program, which is Amazing!. I would not be where I am without him and I alway have deep gratitude for Roger.

“Before meeting Roger we were very lost in the real estate world and always felt like we were trying to get a sip of water out of a fire hydrant. The minute we met Roger and joined his coaching program, we felt a huge relief. Roger is an open book and very honest, he will guide you but also tell you when you’re not doing things correctly. He has probably answered a million questions for us and that alone we could not be more grateful for. If you’re even thinking about paying for one of those seminars, or classes from the “big players” save your money and join Roger’s coaching program, I promise you it is worth every penny.”

Jorge and Chabelly Rodriquez

It was a joy to work with Roger, but more importantly Educational. This was our first home renovation project. We did not have a clue where to start, Roger put us in contact with the right company to fund our project and that set us off in the right direction. From there we ran into a lot of obstacles along the way. He gave great advice when we needed him too. More importantly he made him accessible throughout the entire time. I would definitely recommend anyone inexperienced in flipping properties to work with Roger.

Lamar Johnson

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

Announcements:

• Looking for focus group volunteers for the FAN  

News

• They 3D printed a house on site! 1400 sf 3/2, $299,000. https://www.architecturaldigest.com/story/a-3d-printed-home-is-on-the-market-in-new-york
• I always say “compare everything with everything” Here’s an interesting take on investing in real estate vs stocks. https://www.marketwatch.com/story/should-you-invest-in-stocks-or-real-estate-2021-01-22

Questions

• Henrietta, 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?”

Motivational Quote:

 

• “Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing.” – Life Quote By Helen Keller

 

 

 

 

Today I'm hosting an all-star panel of actual real estate investors from around the country, I'm going to ask them how the pandemic has affected their businesses, what changes they are making, and what they expect from 2021.

The market right now is as hot as it has ever been. It's so hot that deals are difficult to find. Here are a few of the questions I'll be asking our experts:

• Where do you see the real estate market by the end of the year?
• How do we prepare ourselves for the changing realities in the market?
• What opportunities, investing strategies or tactics will be useful this year?
• Talk about locations - does this market open up or push us to new territory? If so, where?
• How do we mitigate risk in 2021?
• How do we handle prolonged bans on evictions?
• What do you think the impact of the "Zoom Boom" (i.e. work from home) will be in the markets.
• Where (either tactically or geographically) will you focus most of your efforts in the coming year?

The panel is Michael Green, active house flipper and host of the Flip Factor podcast, Chris Larsen, apartment buyer and host of the Next Level Income Podcast, Helen Ishii, owner of a virtual wholesaling company marketing properties across the southeastern US, and Chip Cagle, top producer for Bay Mountain Capital.

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

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

Announcements:

• We're kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that's right for you. Go to bit.ly/sixmonthcoaching and sign up today.

Topic: Panel Discussion - Opportunities for 2021 Motivational Quote: "If you throw some nuts and cookies on a road, you will eventually see children come, pick them up, and start to argue and fight for them. Adults would not fight for such things. And even children would not pick up the empty nut shells. For a wise man, the wealth, the clory, and the rewards of this world are like sweets or empty shells on a road. Let the children pick them up and fight for them. Let the kids kiss the hands of the rich men, the rulers, and their servants. For the wise one, all these are but empty shells." -Epictetus