Flipping America

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. 

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. 

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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. 

I've coined the phrase "Zoom Boom" to characterize some of the things I see in the near and mid-term future for real estate. No it's not a baby boom. It's a real estate boom and a bit of a bust in some sectors. It all has to do with the trend toward working from home. In a moment I'll explain what I mean.

I'll provide the key market indicators we constantly monitor.

• Are the "sky is falling" click bait specialists on YouTube declaring a looming real estate disaster right? (Spoiler alert: NO).
• What are the market indicators every investor should be watching?

How do we know a good opportunity when we see one?

Later in the show Logan Mohtashami is joining us to discuss his take on the "Bubble Boys" of YouTube. Just wait - that's not the worst thing he calls them!

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.

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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.

• https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/
• https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx

• A fine compendium of opinions from leading real estate professionals. https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc
• Norada thinks we real estate will stay hot. https://www.noradarealestate.com/blog/housing-market-predictions/
• Here's some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/
• Pay attention to these trends. Well done Motley fool. https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/
• More optimism for the housing markets in 2021 but perhaps a little overstated. https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039
• Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too. https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021
• A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/
• Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/
• https://www.zillow.com/research/zillow-2021-housing-predictions-28516/
• Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government. https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB
• Housing Wire's take on the 2021 real estate market. https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/
• From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/

My conclusions:

• Sales increases will be modest due to the continuing lack of inventory. I do not believe we will sell 6 million homes in 2021 (sorry Logan). I believe it will be more like 5 million - in other words, relatively flat.
• Prices will continue to press upward faster than inflation across all markets. The coastal markets will regain their 2019 losses and will see a 3-4% rise. Other large metro areas like Atlanta, Dallas and Denver will see price increases in the metro suburban areas in the 7-10% range. This will offset a flattening of in-city prices. More on that in a moment. The national year over year increase I am forecasting for 2021 is 7%. This is due primarily to the same factors that have pushed it along for the past 2 years. Historically low interest rates, low inventory, insufficient new home starts.
• Under a new federal administration, we will continue deferments on mortgages and restrictions on evictions. This will create previously unimaginable burdens on landlords. 2021 is NOT a good time to be a landlord with a mortgage.
• Any price roll-backs in lumber - if and when canadian tariffs are eliminated will be offset by the promised increase in regulatory oversight and builders are facing the prospect of being forced to build low-income housing in current upscale areas.
• With confirmation of the Democrats in control of all the branches of the federal government I can only assume they meant what they said when running. That means personal and corporate tax increases within the first few months. I believe this will create a slow-down in the economy as a whole and will contribute to the slowing of the real estate market in the second half of the year as foreshadowed by Todd Teta at Attom Data.
• The real estate market will be UP in 2020, but i see it flattening by second quarter of 2021.
• One of the biggest short-term impacts of the pandemic of 2020 is something I'm going to call the Zoom Boom. As workers have needed to work from home, many have discovered they don't need to ever be in the office and plan on never returning. This has led to a growing flight to the suburbs, which will result in some upward price pressure there and downward prices in the cities. If you want to speculate on city office space or city condos, 2021 will be a good time to do it. Some of the Zoom Boom effects will be felt in faraway places as well - ski towns, beach towns - places that were formerly primarily vacation spots will find a new group of permanent residents in 2021. I believe this is a relatively short-lived change and within 2 years, 75% of those people will be back in the cities going to the office as before. In years past productivity studies of work from home people have consistently shown a drop off in performance and productivity. HOWEVER and this is a big change - today's technology and the improvements in the ability to stream live meetings has opened up the possibility that these changes could be permanent. Even so, I think that people are wired to want to be around people - and yes that even includes co-workers. So I think the Zoom Boom is a two year thing.
• What does all of this mean?
• • 2021 will be like every other year I've been in this business in 1 regard: If you buy a property cheaply enough, you can make money with it. Never pay retail. You never have to. Someone somewhere is in enough distress to sell at a deep discount. This is your number one risk mitigation strategy.
  • 21 will be a great year to flip and therefore a decent year for wholesaling. Location will almost not matter (but do make sure you are still 45 days or less average on-market time).
  • 21 will be a challenging year to be a landlord. The only reasonable residential rental investments will be commercial multi-family. Only 75% of tenants are now paying their rent on time, but in an apartment building that's enough to stay afloat. I do not plan to buy or invest in single family rentals in 21. I DO plan to buy BOR houses - as many as I can.
  • The first 6-8 months of 21 are the time to make hay while the sun is still shining. 22 is going to look a little different.
  • 2021 is a good year to buy distressed or REO office space. But you need to have enough cash reserves to hold for 2-3 years before it becomes profitable.
  • When the corporate tax rates are officially raised, you will see another exodus of corporations and capital, including manufacturing jobs from the US. I am not planning to invest in this sector for the next two years at least.
  • End of 2021 and into 2022, you will see an increase in foreclosures and perhaps a spike in evictions. This will create opportunities then for people who have cash on hand. Pursue all great deals now - don't be caught empty-handed a year from now.

I've coined the phrase "Zoom Boom" to characterize some of the things I see in the near and mid-term future for real estate. No it’s not a baby boom. It’s a real estate boom and a bit of a bust in some sectors. It all has to do with the trend toward working from home. In a moment I’ll explain what I mean. 

I'll provide the key market indicators we constantly monitor.

• Are the “sky is falling” click bait specialists on YouTube declaring a looming real estate disaster right? (Spoiler alert: NO). 
• What are the market indicators every investor should be watching?

How do we know a good opportunity when we see one?

Later in the show Logan Mohtashami is joining us to discuss his take on the “Bubble Boys” of YouTube. Just wait - that’s not the worst thing he calls them! 

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. 

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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. 

• https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/
• https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx

• A fine compendium of opinions from leading real estate professionals.  https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc
• Norada thinks we real estate will stay hot.  https://www.noradarealestate.com/blog/housing-market-predictions/
• Here’s some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/
• Pay attention to these trends. Well done Motley fool.  https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/
• More optimism for the housing markets in 2021 but perhaps a little overstated.  https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039
• Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too.  https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021
• A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/
• Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/
• https://www.zillow.com/research/zillow-2021-housing-predictions-28516/
• Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government.  https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB
• Housing Wire’s take on the 2021 real estate market.  https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/
• From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/

My conclusions:

• Sales increases will be modest due to the continuing lack of inventory. I do not believe we will sell 6 million homes in 2021 (sorry Logan). I believe it will be more like 5 million - in other words, relatively flat. 
• Prices will continue to press upward faster than inflation across all markets. The coastal markets will regain their 2019 losses and will see a 3-4% rise. Other large metro areas like Atlanta, Dallas and Denver will see price increases in the metro suburban areas in the 7-10% range. This will offset a flattening of in-city prices. More on that in a moment. The national year over year increase I am forecasting for 2021 is 7%. This is due primarily to the same factors that have pushed it along for the past 2 years. Historically low interest rates, low inventory, insufficient new home starts. 
• Under a new federal administration, we will continue deferments on mortgages and restrictions on evictions. This will create previously unimaginable burdens on landlords. 2021 is NOT a good time to be a landlord with a mortgage. 
• Any price roll-backs in lumber - if and when canadian tariffs are eliminated will be offset by the promised increase in regulatory oversight and builders are facing the prospect of being forced to build low-income housing in current upscale areas. 
• With confirmation of the Democrats in control of all the branches of the federal government I can only assume they meant what they said when running. That means personal and corporate tax increases within the first few months. I believe this will create a slow-down in the economy as a whole and will contribute to the slowing of the real estate market in the second half of the year as foreshadowed by Todd Teta at Attom Data. 
• The real estate market will be UP in 2020, but i see it flattening by second quarter of 2021.
• One of the biggest short-term impacts of the pandemic of 2020 is something I’m going to call the Zoom Boom. As workers have needed to work from home, many have discovered they don’t need to ever be in the office and plan on never returning. This has led to a growing flight to the suburbs, which will result in some upward price pressure there and downward prices in the cities. If you want to speculate on city office space or city condos, 2021 will be a good time to do it. Some of the Zoom Boom effects will be felt in faraway places as well - ski towns, beach towns - places that were formerly primarily vacation spots will find a new group of permanent residents in 2021. I believe this is a relatively short-lived change and within 2 years, 75% of those people will be back in the cities going to the office as before. In years past productivity studies of work from home people have consistently shown a drop off in performance and productivity. HOWEVER and this is a big change - today’s technology and the improvements in the ability to stream live meetings has opened up the possibility that these changes could be permanent. Even so, I think that people are wired to want to be around people - and yes that even includes co-workers. So I think the Zoom Boom is a two year thing. 
• What does all of this mean? 
• • 2021 will be like every other year I’ve been in this business in 1 regard: If you buy a property cheaply enough, you can make money with it. Never pay retail. You never have to. Someone somewhere is in enough distress to sell at a deep discount. This is your number one risk mitigation strategy. 
  • 21 will be a great year to flip and therefore a decent year for wholesaling. Location will almost not matter (but do make sure you are still 45 days or less average on-market time).
  • 21 will be a challenging year to be a landlord. The only reasonable residential rental investments will be commercial multi-family. Only 75% of tenants are now paying their rent on time, but in an apartment building that’s enough to stay afloat. I do not plan to buy or invest in single family rentals in 21. I DO plan to buy BOR houses - as many as I can. 
  • The first 6-8 months of 21 are the time to make hay while the sun is still shining. 22 is going to look a little different. 
  • 2021 is a good year to buy distressed or REO office space. But you need to have enough cash reserves to hold for 2-3 years before it becomes profitable. 
  • When the corporate tax rates are officially raised, you will see another exodus of corporations and capital, including manufacturing jobs from the US. I am not planning to invest in this sector for the next two years at least. 
  • End of 2021 and into 2022, you will see an increase in foreclosures and perhaps a spike in evictions. This will create opportunities then for people who have cash on hand. Pursue all great deals now - don’t be caught empty-handed a year from now. 

The click-bait con artists on YouTube are making money telling you the housing market is going to collapse in 2021. Today I'm going to tell you why they are wrong.

If you were following real estate at the beginning of 2020, you would have been able to find any number of morons on YouTube talking about why the real estate market was going to crash in 2020. They didn't have statistics to back up their claims. The closest some of them got to logic was to refer to the cyclical nature of the economy. They would say "it's time." Some even said, "I don't know what's going to happen, but something will. It does every ten years."

"Hogwash" said I. All of the data pointed to a robust year. I confidently predicted a 7% rise in the value of homes by the end of 2020. I also predicted that we would see a drop in the number of homes sold, but demand in excess of supply coupled with low interest rates would push the price up.

Then the pandemic hit. And I was told by many, "see? I told you so. I told you something would happen." I agreed then that something had indeed happened, but it was going to take a moment to figure out the impact of it. After 30 days of reflection I revised my previous prediction down from 7% year over year gains to just under 3%. As I've said on this show many times, all of the major real estate outlets revised their 2020 predictions to a 3% decline in prices.

In the end, my original prediction of 7% gain turned out to be spot-on accurate and the real estate market as a whole was one of the bright spots in the US economy in 2020. So what will 2021 be like? Can I continue my streak of accurate predictions? Will I ever get the number of clicks the Chicken Little Sky is Falling Real Estate is Crashing con artists get? The answers are YES and NO.

Alarmist headlines get noticed. You know the old saying in the newspaper industry - if it bleeds it leads. You'll never see headlines about the cat that got itself down out of the tree, or the fire that was averted because people used normal safety precautions. You also won't see a lot of hype about a generally positive forecast in the real estate market. But do not despair!

I don't care about clicks. Not really. Real estate moves slowly and is relatively boring. That's a major reason I love it! If you will take a bit of time to study it, and understand the various leading indicators, you too could be as accurate as me. But if you need or want clicks and a monetized youtube platform, you're probably going to have to scare people a little.

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.

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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.

• https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/
• https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx

• A fine compendium of opinions from leading real estate professionals. https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc
• Norada thinks we real estate will stay hot. https://www.noradarealestate.com/blog/housing-market-predictions/
• Here's some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/
• Pay attention to these trends. Well done Motley fool. https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/
• More optimism for the housing markets in 2021 but perhaps a little overstated. https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039
• Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too. https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021
• A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/
• Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/
• https://www.zillow.com/research/zillow-2021-housing-predictions-28516/
• Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government. https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB
• Housing Wire's take on the 2021 real estate market. https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/
• From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/

The click-bait con artists on YouTube are making money telling you the housing market is going to collapse in 2021. Today I’m going to tell you why they are wrong. 

If you were following real estate at the beginning of 2020, you would have been able to find any number of morons on YouTube talking about why the real estate market was going to crash in 2020. They didn’t have statistics to back up their claims. The closest some of them got to logic was to refer to the cyclical nature of the economy. They would say “it’s time.” Some even said, “I don’t know what’s going to happen, but something will. It does every ten years.” 

“Hogwash” said I. All of the data pointed to a robust year. I confidently predicted a 7% rise in the value of homes by the end of 2020. I also predicted that we would see a drop in the number of homes sold, but demand in excess of supply coupled with low interest rates would push the price up. 

Then the pandemic hit. And I was told by many, “see? I told you so. I told you something would happen.” I agreed then that something had indeed happened, but it was going to take a moment to figure out the impact of it. After 30 days of reflection I revised my previous prediction down from 7% year over year gains to just under 3%. As I’ve said on this show many times, all of the major real estate outlets revised their 2020 predictions to a 3% decline in prices. 

In the end, my original prediction of 7% gain turned out to be spot-on accurate and the real estate market as a whole was one of the bright spots in the US economy in 2020. So what will 2021 be like? Can I continue my streak of accurate predictions? Will I ever get the number of clicks the Chicken Little Sky is Falling Real Estate is Crashing con artists get? The answers are YES and NO. 

Alarmist headlines get noticed. You know the old saying in the newspaper industry - if it bleeds it leads. You’ll never see headlines about the cat that got itself down out of the tree, or the fire that was averted because people used normal safety precautions. You also won’t see a lot of hype about a generally positive forecast in the real estate market. But do not despair!

I don’t care about clicks. Not really. Real estate moves slowly and is relatively boring. That’s a major reason I love it! If you will take a bit of time to study it, and understand the various leading indicators, you too could be as accurate as me. But if you need or want clicks and a monetized youtube platform, you’re probably going to have to scare people a little. 

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. 

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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. 

• https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/
• https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx

• A fine compendium of opinions from leading real estate professionals.  https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc
• Norada thinks we real estate will stay hot.  https://www.noradarealestate.com/blog/housing-market-predictions/
• Here’s some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/
• Pay attention to these trends. Well done Motley fool.  https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/
• More optimism for the housing markets in 2021 but perhaps a little overstated.  https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039
• Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too.  https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021
• A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/
• Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/
• https://www.zillow.com/research/zillow-2021-housing-predictions-28516/
• Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government.  https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB
• Housing Wire’s take on the 2021 real estate market.  https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/
• From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/

The number one question we get is "how do I get started in real estate investing?" Here is the answer I give everyone:

1. Get information
2. Get a coach
3. Get going

Today I'm going to talk to you about how to select and hire a coach. Plus, coming up in a few minutes in our annual "Best-of" series, I'm going to share with you the best places this year to invest in multi-family. I've done the research, I'll link some articles, and then you will know.

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.

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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.

• CBRE weighs in on the multi-family markets nationwide. Consider secondary markets. https://www.cbre.us/research-and-reports/2020-US-Real-Estate-Market-Outlook-Multifamily#:~:text=CBRE%20Research's%20top%20four%20markets,households%2C%20employment%20and%20multifamily%20demand.
• Trier Capital has thoughts on multi-family (and is looking for accredited investors!) https://www.cbre.us/research-and-reports/2020-US-Real-Estate-Market-Outlook-Multifamily#:~:text=CBRE%20Research's%20top%20four%20markets,households%2C%20employment%20and%20multifamily%20demand.
• Globe St. says multi-family investors should look to these cities and avoid THIS one. https://www.globest.com/2020/09/03/here-are-the-markets-where-multifamily-investors-are-buying/?slreturn=20201122144848
• Mashvisor has a different take. And a quick read on five reasons why you should be in multi-family. https://www.mashvisor.com/blog/multi-family-homes-best-cash-flow-investments/

1. The "nationally known" guru is not in attendance.
2. 1. Whose experience is being taught?
   2. Who has the experience to be able to credibly answer audience questions?
   3. What is the actual experience of the presenter and can it be verified?
   1. Where is their headquarters?
   2. Who is the person or persons behind this company? Someone did the work to gain the experience to teach.
   3. This can be taught from a curriculum and a powerpoint, but the most polished professional who is also inexperienced cannot truly serve a real estate audience.
3. The name of the company behind the event is vague, not mentioned, or purposely mis-leading.
   1. Does he or she provide addresses of actual properties flipped?
4. The Presenter's real estate credentials cannot be easily verified.
5. The Presenter does this presentation more than once a month. If they travel and do this presentation more than once a month there is NO possible way they are actively fixing and flipping houses.
6. Early in the presentation (usually within the first two hours), they will have you fill out a worksheet with all of your assets as possible funding sources. Available credit card spending, 401k balance, cash value of insurance policies, etc. Later they will use this information to prove to you that you actually can afford their 20-50k in training.
7. They take time to teach you how to call your credit card providers and ask for an increase in your limit. The really sneaky ones will put you in a group, challenge everyone to do it, bring you back and see if you collectively came up with an amount that would buy a house.
   1. Results - lifestyle.
   2. Financial freedom
   3. Education of children - college
   4. Legacy
8. They make lots of promises to you. And they will seem great!
9. They have an emotional story of their own financial distress and real estate saved the day.
10. They will not let you take photos of the screens or record the event.
11. They want to sell you another more expensive course. Free - Low Cost - High Cost - Upgrade.

Ways to check ahead of time:

1. Check the name of the company. Look at their website. See what they emphasize.
2. Google the name of the company followed by the word "reviews." This may not be helpful, but it can be. One company I researched had over 1000 hits on a website called "Ripoff Report." Anyone can say anything there and not all of it should be believed. But 1000 reports?
3. Ask in online forums - Bigger Pockets, Connected Investors, Facebook Groups, Google Plus Groups etc. What have you heard about …?
4. At the event, get the presenter's full name. Find out where he/she is from. Note as many property addresses as you can during the event. Check those addresses online for ownership and transfers of ownership. Look for an entity that owned the property for 4-6 months in the past two years. Later on, if you get a chance to speak with the presenter, casually drop the name of the entity you found and see if you get a glimmer of recognition. If you're convinced they are lying, just for fun, make up an entity name (or use your own if you have one) and ask them if that was the entity that bought 123 Main St (or whatever). See if they say yes.

• Qualities of a good coach
• • Experience
  • Character
  • Longevity
  • Communication / teaching skill
  • Understanding of different learning styles
• Characteristics of a good coaching program
• • Personal contact
  • Flexibility
  • Personalization
  • Mix of content and activity
  • Price is reasonable
  • Program is valuable
  • What you will learn is shared in advance.
  • There is no mystery about what happens next.

The number one question we get is “how do I get started in real estate investing?” Here is the answer I give everyone:

1. Get information
2. Get a coach
3. Get going

Today I’m going to talk to you about how to select and hire a coach. Plus, coming up in a few minutes in our annual “Best-of” series, I’m going to share with you the best places this year to invest in multi-family. I’ve done the research, I’ll link some articles, and then you will know. 

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. 

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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. 

• CBRE weighs in on the multi-family markets nationwide. Consider secondary markets. https://www.cbre.us/research-and-reports/2020-US-Real-Estate-Market-Outlook-Multifamily#:~:text=CBRE%20Research's%20top%20four%20markets,households%2C%20employment%20and%20multifamily%20demand.
• Trier Capital has thoughts on multi-family (and is looking for accredited investors!) https://www.cbre.us/research-and-reports/2020-US-Real-Estate-Market-Outlook-Multifamily#:~:text=CBRE%20Research's%20top%20four%20markets,households%2C%20employment%20and%20multifamily%20demand.
• Globe St. says multi-family investors should look to these cities and avoid THIS one. https://www.globest.com/2020/09/03/here-are-the-markets-where-multifamily-investors-are-buying/?slreturn=20201122144848
• Mashvisor has a different take. And a quick read on five reasons why you should be in multi-family. https://www.mashvisor.com/blog/multi-family-homes-best-cash-flow-investments/

1. The “nationally known” guru is not in attendance. 
2. 1. Whose experience is being taught? 
   2. Who has the experience to be able to credibly answer audience questions?
   3. What is the actual experience of the presenter and can it be verified?
   1. Where is their headquarters?
   2. Who is the person or persons behind this company? Someone did the work to gain the experience to teach.
   3. This can be taught from a curriculum and a powerpoint, but the most polished professional who is also inexperienced cannot truly serve a real estate audience. 
3. The name of the company behind the event is vague, not mentioned, or purposely mis-leading. 
   1. Does he or she provide addresses of actual properties flipped?
4. The Presenter’s real estate credentials cannot be easily verified. 
5. The Presenter does this presentation more than once a month. If they travel and do this presentation more than once a month there is NO possible way they are actively fixing and flipping houses. 
6. Early in the presentation (usually within the first two hours), they will have you fill out a worksheet with all of your assets as possible funding sources. Available credit card spending, 401k balance, cash value of insurance policies, etc. Later they will use this information to prove to you that you actually can afford their 20-50k in training. 
7. They take time to teach you how to call your credit card providers and ask for an increase in your limit. The really sneaky ones will put you in a group, challenge everyone to do it, bring you back and see if you collectively came up with an amount that would buy a house. 
   1. Results - lifestyle.
   2. Financial freedom
   3. Education of children - college
   4. Legacy 
8. They make lots of promises to you. And they will seem great!
9. They have an emotional story of their own financial distress and real estate saved the day.
10. They will not let you take photos of the screens or record the event. 
11. They want to sell you another more expensive course. Free - Low Cost - High Cost - Upgrade.

Ways to check ahead of time:

1. Check the name of the company. Look at their website. See what they emphasize. 
2. Google the name of the company followed by the word “reviews.” This may not be helpful, but it can be. One company I researched had over 1000 hits on a website called “Ripoff Report.” Anyone can say anything there and not all of it should be believed. But 1000 reports?
3. Ask in online forums - Bigger Pockets, Connected Investors, Facebook Groups, Google Plus Groups etc. What have you heard about …?
4. At the event, get the presenter’s full name. Find out where he/she is from. Note as many property addresses as you can during the event. Check those addresses online for ownership and transfers of ownership. Look for an entity that owned the property for 4-6 months in the past two years. Later on, if you get a chance to speak with the presenter, casually drop the name of the entity you found and see if you get a glimmer of recognition. If you’re convinced they are lying, just for fun, make up an entity name (or use your own if you have one) and ask them if that was the entity that bought 123 Main St (or whatever). See if they say yes. 

• Qualities of a good coach
• • Experience
  • Character
  • Longevity
  • Communication / teaching skill
  • Understanding of different learning styles
• Characteristics of a good coaching program
• • Personal contact
  • Flexibility
  • Personalization
  • Mix of content and activity
  • Price is reasonable
  • Program is valuable
  • What you will learn is shared in advance.
  • There is no mystery about what happens next. 

We all have our daily routines - much of it determined by necessity, but hopefully some of yours is the result of deliberate reflection and intent. Today I want to add one more routine to your day that takes very little effort and once it becomes an unconscious competence, your entrepreneurial life will never be the same. Plus, we are doing our year-end review of the best places to own income-producing properties. All that coming up on this episode of Flipping America.

Unless you are driving right now I want you to close your eyes. If you are driving, keep your eyes on the road and pretend you are closing them! When you open your eyes you are - in your imagination - rebooting your vision with a new filtration screen that I call the Opportunity Spotter. Imagine this is like a little radar sweep going on around you at all times. When it senses an opportunity, let your brain ping it. Today I'm going to talk about spotting and responding to opportunities. Now open your eyes and imagine there is a radar sweep in front of you, constantly scanning the horizon. If you can picture the input you see from the "inside the eyeview" of the Terminator, imagine that while you are looking at the regular world, you are analyzing it in a different way.

What does an opportunity look like? How do I begin to evaluate it? When and how to do I take action?

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.

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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.

• From my friend Kathy Fettke. https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/
• The "Gross Rent Multiplier" is just another way of calculating the 1% rule. https://www.moneycrashers.com/best-cities-buy-rental-property-investment/
• Motley Fool has a different take on the top rental cities. https://www.fool.com/millionacres/real-estate-investing/rental-properties/10-best-places-buy-rental-property-2020/
• And Manage Casa has a different opinion. https://managecasa.com/articles/best-cities-to-buy-property/
• Although difficult to quantify mathematically, I really like Mashvisor's criteria for where to buy. https://www.mashvisor.com/blog/best-places-to-buy-rental-property-covid-19/
• The most in-depth look at single-family residential rental data. https://www.attomdata.com/news/market-trends/single-family-rental/attom-data-solutions-q1-2020-single-family-rental-market-report/

1. What is an opportunity? "A set of circumstances that make it possible to do something."
   1. Keep your eyes open!
   2. Constantly evaluate.
   3. Combine, synthesize, (Milk, flour, sugar, butter, a bit of baking powder, blueberries.)
      1. Could that be ….?
      2. ...what would it take?
      3. What if we…?
      4. Could we combine this and that and …?
      5. ...has anyone else thought this?
   4. Ask the right questions
2. How to Spot an Opportunity:
   1. In all directions, but mostly forward.
   2. Connect past experience with current situation
   3. The people you know
   4. Different asset class
   5. Different strategy
   6. Variation on a theme
   7. Familiar process in a new location
3. Where do I look?
   1. Alignment
   2. 1. Vision
      2. Values
      3. Circumstances
      1. Investment (compare everything)
      2. Equity (can leverage or OPM be used?)
      3. Effort (Worth it?) (is this how I want to use my time?)
      4. Repeatable? (is anyone out there doing this or something similar?)
      5. Downside (How could this kick me in the butt?)
      6. Cases (Best, Worst, and Most Likely)
   3. Analysis
4. How to Filter the Opportunities
   1. Verbal "market testing" the idea.
   2. Dip a Toe in
   3. Set Goals
   4. Define KPIs
   5. Create Effort Milestones
   6. Daily Steps
5. Action Plan

This sounds like a lot but it can become second nature. The first few times you attempt to look at an opportunity this way, it might take you an hour just to decide to take the next step. I promise you two things: 1) It won't take as long in the future. And 2) You'll be glad you started this process.

As you become more successful in what you are doing and have money (you should try to keep that a secret, but word will get out), people will approach you with opportunities (99.8% NO). You might have a harder time saying no to the opportunities you see on your own, but you can do it as long as you know you need to.

Once you see the world through your "opportunity radar" lens, you're going to start seeing them everywhere. I keep all my old idea journals and notes and as I look back over the years I'm amazed at the stupidity of most of my ideas and the naivety of some of the others. You'll get to that point also, but don't let that deter you. One GREAT idea that could be the antecedent to your fortune is built upon the rubble of 1000 bad ideas or good ideas poorly implemented. But to get to the GREAT one you must keep on going. Keep pressing. Don't give up. Don't stop. Keep ideating, evaluating, synthesizing, testing, and above all -- keep your eyes open!

We all have our daily routines - much of it determined by necessity, but hopefully some of yours is the result of deliberate reflection and intent. Today I want to add one more routine to your day that takes very little effort and once it becomes an unconscious competence, your entrepreneurial life will never be the same. Plus, we are doing our year-end review of the best places to own income-producing properties. All that coming up on this episode of Flipping America. 

Unless you are driving right now I want you to close your eyes. If you are driving, keep your eyes on the road and pretend you are closing them! When you open your eyes you are - in your imagination - rebooting your vision with a new filtration screen that I call the Opportunity Spotter. Imagine this is like a little radar sweep going on around you at all times. When it senses an opportunity, let your brain ping it. Today I’m going to talk about spotting and responding to opportunities. Now open your eyes and imagine there is a radar sweep in front of you, constantly scanning the horizon. If you can picture the input you see from the “inside the eyeview" of the Terminator, imagine that while you are looking at the regular world, you are analyzing it in a different way. 

What does an opportunity look like? How do I begin to evaluate it? When and how to do I take action? 

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. 

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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. 

• From my friend Kathy Fettke. https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/
• The “Gross Rent Multiplier” is just another way of calculating the 1% rule. https://www.moneycrashers.com/best-cities-buy-rental-property-investment/
• Motley Fool has a different take on the top rental cities. https://www.fool.com/millionacres/real-estate-investing/rental-properties/10-best-places-buy-rental-property-2020/
• And Manage Casa has a different opinion. https://managecasa.com/articles/best-cities-to-buy-property/
• Although difficult to quantify mathematically, I really like Mashvisor’s criteria for where to buy. https://www.mashvisor.com/blog/best-places-to-buy-rental-property-covid-19/
•  The most in-depth look at single-family residential rental data. https://www.attomdata.com/news/market-trends/single-family-rental/attom-data-solutions-q1-2020-single-family-rental-market-report/
•  

1. What is an opportunity? “A set of circumstances that make it possible to do something.”
   1. Keep your eyes open! 
   2. Constantly evaluate.
   3. Combine, synthesize, (Milk, flour, sugar, butter, a bit of baking powder, blueberries.)
      1. Could that be ….?
      2. ...what would it take?
      3. What if we…?
      4. Could we combine this and that and …?
      5. ...has anyone else thought this?
   4. Ask the right questions
2. How to Spot an Opportunity:
   1. In all directions, but mostly forward.
   2. Connect past experience with current situation
   3. The people you know
   4. Different asset class
   5. Different strategy
   6. Variation on a theme
   7. Familiar process in a new location
3. Where do I look?
   1. Alignment
   2. 1. Vision
      2. Values
      3. Circumstances
      1. Investment (compare everything)
      2. Equity (can leverage or OPM be used?)
      3. Effort (Worth it?) (is this how I want to use my time?)
      4. Repeatable? (is anyone out there doing this or something similar?)
      5. Downside (How could this kick me in the butt?)
      6. Cases (Best, Worst, and Most Likely)
   3. Analysis
4. How to Filter the Opportunities
   1. Verbal “market testing” the idea.
   2. Dip a Toe in
   3. Set Goals
   4. Define KPIs
   5. Create Effort Milestones
   6. Daily Steps
5. Action Plan

This sounds like a lot but it can become second nature. The first few times you attempt to look at an opportunity this way, it might take you an hour just to decide to take the next step. I promise you two things: 1) It won’t take as long in the future. And 2) You’ll be glad you started this process. 

As you become more successful in what you are doing and have money (you should try to keep that a secret, but word will get out), people will approach you with opportunities (99.8% NO). You might have a harder time saying no to the opportunities you see on your own, but you can do it as long as you know you need to. 

Once you see the world through your “opportunity radar” lens, you’re going to start seeing them everywhere. I keep all my old idea journals and notes and as I look back over the years I’m amazed at the stupidity of most of my ideas and the naivety of some of the others. You’ll get to that point also, but don’t let that deter you. One GREAT idea that could be the antecedent to your fortune is built upon the rubble of 1000 bad ideas or good ideas poorly implemented. But to get to the GREAT one you must keep on going. Keep pressing. Don’t give up. Don’t stop. Keep ideating, evaluating, synthesizing, testing, and above all -- keep your eyes open!

Everyone should be in real estate, even if they don't own their own home. Today I'm going to tell you why and how.

Louis Glickman said "the greatest investment on earth is earth." My daddy always said "invest in real estate - they're not making any more of it." I guess my version of this statement will be, "until we establish permanent colonies on other worlds, this earth is all we have. So get a piece of it while you can."

I am the Flipping America guy and I teach America how to make money in real estate. But it's not all about flipping houses. In fact, that turns out to be just a fraction of the opportunities available in real estate. Today I want to introduce you to a World of Possibilities.

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.

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

• 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.

• This article has a nice summary of metrics to consider in a city when flipping a house. https://www.mashvisor.com/blog/best-cities-to-flip-houses-2020/
• Our friends at Millionacres think these are the best places to flip: https://www.fool.com/millionacres/real-estate-investing/house-flipping/best-cities-flip-houses/
• The most concise list of the best places to flip houses. https://wallethub.com/edu/best-cities-to-flip-houses/23158

1. Why Real Estate? 10 Reasons
2. • Cash Flow
   • Appreciation
   • Portfolio Diversification
   • Inflation hedge
   • Competitive Risk-Adjusted returns
   • Equity growth from OTHERS
   • Intrinsic value
   • Non-volatile
   • Tax benefits
   • Leverage
   • Discounted purchase
   • Value add possibilities
   • Stability
   • Passive Income
   • Leverage
   • Tax advantages
3. Why Real Estate can be better than the Stock Market?
   • Illiquidity
   • Learning curve
   • Amount of work involved
   • Cost of entry
4. Real Estate's disadvantages compared to the Stock Market
   • Who you are, personality, tendencies, skills, interests
   • Your Vision
   • Your Circumstances
   • Risk tolerance
5. How To Engage
   • Flip
   • Hold
   • Passive
6. What are the possibilities?
   • Single Family residential
   • Small multi-family
   • Land
   • Commercial
   • • Multi-family
     • Retail
     • Warehouse (including self-storage)
     • Office
     • Industrial
     • Multi-use
7. Asset Classes
   • Primary operator
   • Partnership
   • Passive investor
8. Methods
   • Wholesale
   • Fix and Flip
   • Creative In - flip
   • Creative in - Hold
   • Any method in, creative hold
9. Strategies
   • Self-funding
   • • Income
     • Inheritance
     • Retirement funds
     • Overfunded life insurance
   • Debt partners
   • • Bank
     • Private
     • Asset-based lenders
   • Equity Partners
   • Syndications
10. Funding possibilities