Flipping America

We are continuing today with the fascinating conversation about buying land. This conversation caused more interaction and on-going conversation with our REIA members than any call in the last sixty days. And we’ve had some terrific calls in that time! Jill Dewit and Steven Jack Butala share with us their reality in the land-buying business, the incredible opportunity that it is, and how you can get there. 

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
• “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Pretty Basic, but still true - and a good place to start. https://www.entrepreneur.com/article/298748
• Do what you have to do to get by. Just don’t tell me how to live my life or what to think. Fair enough? https://www.realwealthnetwork.com/learn/record-high-young-adults-living-mom-dad/

• Alison, Kalamazoo, MI, “Do you believe the real estate market will be strong into 2021 and why?”
• Karen, Louisville, KY, “My contractor won’t finish the wall repairs and painting in my rehab because the floors aren’t done. I’m saying the floors come after the wall repair. He says he’s a general contractor and this is how it’s done. What do you say?”
• Marcus, Brookhaven, GA “My tenants don’t have to pay their rent. Things are getting tight for me. I’m worried, but I wonder if my lender will do a deferment for me like they are doing for all the homeowners. Do you know?”
• Sweetie, Jacksonville, FL “Would you put a tile roof on a rental? Seems like a waste of money to me.”
• Calvin, Houston, TX “I’ve heard you talking about hard money loans. Do you know anyone here in Houston where I can get a loan like that?”
• Samuel, Colorado Springs, CO “I’m looking to buy into secondary markets in the midwest for buy and hold. What are a few you would recommend and why?”

The Greatest Investment on Earth,

...is earth! So said Louis Glickman.

My daddy always said, "invest in land - they're not making any more of it." This makes great sense, but only if you know how to do it. Today we are going to learn how. Steven Butala and Jill DeWit are going to set us on a path to buying land, and selling for huge consistent profits. They are premier land investors who also teach others how to do it. You can hear their podcast "The Land Academy" podcast on the major platforms or by visiting their website landinvestors.com.

When you own land, there is no rehab cost, no whiny tenants, no insurance bills, no termite damage, no unexpected expenses, just money. You have to buy it right and there will be some effort put into the buying and selling, but the land itself usually doesn't require your attention, effort, time or dollars.

What if you could snap up vacant lots in your city, or blocks of land just outside of town - in the direction where your town is heading? Learn how to do this and how you can dive deeper.

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It's a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
• "Real Estate Investing Quick Start" Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• The major prognosticators got it wrong. Not only was I right, I was EXTRA right. This is a revised pandemic forecast from June. https://realestateinvestingtoday.com/realtor-coms-2020-housing-market-predictions-coronavirus-update/
• In my pandemic revision I predicted 3% price gain YoY. It's 5.7%. This is what I mean when I say I was "extra" right. https://realestateinvestingtoday.com/corelogic-home-prices-up-6-7-year-over-year-in-june/
• Pay attention to this trend. Young adults are heading to the burbs. https://realestateinvestingtoday.com/young-families-driving-exodus-from-new-york-city-to-suburbs/
• Interesting read, especially for Buyers Club Members. https://realestateinvestingtoday.com/the-pros-and-cons-of-out-of-state-investing/
• This is a creative idea. https://www.nreionline.com/distressed/apartment-investors-mull-opportunities-distressed-malls

• Scott, Bowling Green, KY "Is it possible to make a living in real estate while living in a small town? If so, how?"
• Alexis, Katy, TX "I'm interested in the Buyers Club but I'm wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!"
• Dina, San Jose, CA "I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?"
• Kimberly, Modesto, CA "Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?
• Margaret, Villages of Ocala, FL "I only want to buy 2 or 3 of these Buyers Club houses each year. May I still join the club?"
• Tasha, New Port Richey, FL "Could I use Buyers Club houses as AirBnB?"
• Bill, Roswell, GA, "I signed up for PRYCD.com and love what I've seen so far. Thanks for sharing!"
• Jean, Santa Barbara, CA, "The Buyers Club houses seem old and tired. They don't really excite me. Is it just me?"
• Frances, San Francisco, "Have you ever thought about doing a TV show?"
• Sidney, Mt. Pleasant, SC "Can you help me figure out what I should be doing to start out?"

The Greatest Investment on Earth, 

...is earth! So said Louis Glickman.

My daddy always said, “invest in land - they’re not making any more of it.” This makes great sense, but only if you know how to do it. Today we are going to learn how. Steven Butala and Jill DeWit are going to set us on a path to buying land, and selling for huge consistent profits. They are premier land investors who also teach others how to do it. You can hear their podcast “The Land Academy” podcast on the major platforms or by visiting their website landinvestors.com.

When you own land, there is no rehab cost, no whiny tenants, no insurance bills, no termite damage, no unexpected expenses, just money. You have to buy it right and there will be some effort put into the buying and selling, but the land itself usually doesn’t require your attention, effort, time or dollars. 

What if you could snap up vacant lots in your city, or blocks of land just outside of town - in the direction where your town is heading? Learn how to do this and how you can dive deeper.

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
• “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• The major prognosticators got it wrong. Not only was I right, I was EXTRA right. This is a revised pandemic forecast from June. https://realestateinvestingtoday.com/realtor-coms-2020-housing-market-predictions-coronavirus-update/ 
• In my pandemic revision I predicted 3% price gain YoY. It’s 5.7%. This is what I mean when I say I was “extra” right. https://realestateinvestingtoday.com/corelogic-home-prices-up-6-7-year-over-year-in-june/
• Pay attention to this trend. Young adults are heading to the burbs. https://realestateinvestingtoday.com/young-families-driving-exodus-from-new-york-city-to-suburbs/
•  Interesting read, especially for Buyers Club Members. https://realestateinvestingtoday.com/the-pros-and-cons-of-out-of-state-investing/
• This is a creative idea. https://www.nreionline.com/distressed/apartment-investors-mull-opportunities-distressed-malls

• Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?”
• Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!”
• Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?”
• Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?
• Margaret, Villages of Ocala, FL “I only want to buy 2 or 3 of these Buyers Club houses each year. May I still join the club?”
• Tasha, New Port Richey, FL “Could I use Buyers Club houses as AirBnB?”
• Bill, Roswell, GA, “I signed up for PRYCD.com and love what I’ve seen so far. Thanks for sharing!”
• Jean, Santa Barbara, CA, “The Buyers Club houses seem old and tired. They don’t really excite me. Is it just me?”
• Frances, San Francisco, “Have you ever thought about doing a TV show?”
• Sidney, Mt. Pleasant, SC “Can you help me figure out what I should be doing to start out?”

If you want to be in the real estate business you have to buy property. In order to buy property you need to find good deals. The most consistent source of the best deals come from motivated sellers who have not yet listed their property for sale. Your key to good lead generation is to identify the characteristics or life situations of motivated sellers, build your lead list, and start making offers. Today I'm going to introduce you to a fantastic resource that can automate that process for you.

This business is about deal flow and deal flow comes from contacting sellers and making offers. Want more opportunities? Create more leads. Max Edson and Ryan Doucet recently showed us their online direct mail platform called PRYCD. PRYCD analyzes where to send your next mailer, pulls owner records, prices each parcel, and scrubs your file so it's ready to be mailed in seconds. You can search for land or homes, search by a wide variety of criteria, export to a spreadsheet and you're ready to mail. If you're looking for land, they even tell you what to offer based on the sold comps. A similar functionality is coming soon for homes.

Put your lead generation into overdrive!

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It's a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
• "Real Estate Investing Quick Start" Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Scott, Bowling Green, KY "Is it possible to make a living in real estate while living in a small town? If so, how?"
• Alexis, Katy, TX "I'm interested in the Buyers Club but I'm wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!"
• Dina, San Jose, CA "I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?"
• Kimberly, Modesto, CA "Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

If you want to be in the real estate business you have to buy property. In order to buy property you need to find good deals. The most consistent source of the best deals come from motivated sellers who have not yet listed their property for sale. Your key to good lead generation is to identify the characteristics or life situations of motivated sellers, build your lead list, and start making offers. Today I’m going to introduce you to a fantastic resource that can automate that process for you.

This business is about deal flow and deal flow comes from contacting sellers and making offers. Want more opportunities? Create more leads. Max Edson and Ryan Doucet recently showed us their online direct mail platform called PRYCD. PRYCD analyzes where to send your next mailer, pulls owner records, prices each parcel, and scrubs your file so it's ready to be mailed in seconds. You can search for land or homes, search by a wide variety of criteria, export to a spreadsheet and you’re ready to mail. If you’re looking for land, they even tell you what to offer based on the sold comps. A similar functionality is coming soon for homes. 

Put your lead generation into overdrive!

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
• “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?”
• Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!”
• Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?”
• Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

As we recorded this call, we had not held the election. When this show is released we might still not know the winner. Although if it's close I predict the media will declare Biden the winner and portray Trump as a sore loser if he files a lawsuit contesting the results. This prediction is pretty obvious don't you think? We shall see. But at any rate, eventually we will have a President. Today we are going to talk about how much it matters to real estate investors who that person is. Spoiler Alert: it doesn't.

We are about to have a visit with Mr. Gordon Catts, 50 year real estate investor, former realtor, appraiser, lender, apartment syndicator, trainer, and many other things. He says his kids just call him a "real estater." We are fortunate to have him join us today on a bit of short notice. That's coming up in just a few minutes.

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It's a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
• "Real Estate Investing Quick Start" Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Calvin, Fort Worth, TX, "How do you figure repair costs to make offers on remote properties?"
• Sarah, Stone Mountain, GA "I heard you say that new fix and flip investors shouldn't do major rehabs. Why is this and what do you consider major?"
• Kendra, Jacksonville, FL "How much should I be concerned about a requirement that my buyer get flood insurance?"
• Arnold, Phenix City, AL "My company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?"
• Scott, Bowling Green, KY "Is it possible to make a living in real estate while living in a small town? If so, how?"
• Alexis, Katy, TX "I'm interested in the Buyers Club but I'm wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!"
• Dina, San Jose, CA "I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?"
• Kimberly, Modesto, CA "Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

As we recorded this call, we had not held the election. When this show is released we might still not know the winner. Although if it’s close I predict the media will declare Biden the winner and portray Trump as a sore loser if he files a lawsuit contesting the results. This prediction is pretty obvious don’t you think? We shall see. But at any rate, eventually we will have a President. Today we are going to talk about how much it matters to real estate investors who that person is. Spoiler Alert: it doesn’t. 

We are about to have a visit with Mr. Gordon Catts, 50 year real estate investor, former realtor, appraiser, lender, apartment syndicator, trainer, and many other things. He says his kids just call him a “real estater.” We are fortunate to have him join us today on a bit of short notice. That’s coming up in just a few minutes. 

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
• “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Calvin, Fort Worth, TX, “How do you figure repair costs to make offers on remote properties?”
• Sarah, Stone Mountain, GA “I heard you say that new fix and flip investors shouldn’t do major rehabs. Why is this and what do you consider major?”
• Kendra, Jacksonville, FL “How much should I be concerned about a requirement that my buyer get flood insurance?”
• Arnold, Phenix City, AL “My company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?”
• Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?”
• Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!”
• Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?”
• Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

Today we continue and conclude our recent conversation with Paul Montelongo. Paul has done a bit of everything but has settled in with multi-family. He has a mentoring program which you will hear a little about on the call today.

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It's a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
• "Real Estate Investing Quick Start" Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Calvin, Fort Worth, TX, "How do you figure repair costs to make offers on remote properties?"
• Sarah, Stone Mountain, GA "I heard you say that new fix and flip investors shouldn't do major rehabs. Why is this and what do you consider major?"
• Kendra, Jacksonville, FL "How much should I be concerned about a requirement that my buyer get flood insurance?"
• Arnold, Phenix City, AL "My company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?"
• Scott, Bowling Green, KY "Is it possible to make a living in real estate while living in a small town? If so, how?"
• Alexis, Katy, TX "I'm interested in the Buyers Club but I'm wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!"
• Dina, San Jose, CA "I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?"
• Kimberly, Modesto, CA "Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

Today we continue and conclude our recent conversation with Paul Montelongo. Paul has done a bit of everything but has settled in with multi-family. He has a mentoring program which you will hear a little about on the call today. 

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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
• “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Calvin, Fort Worth, TX, “How do you figure repair costs to make offers on remote properties?”
• Sarah, Stone Mountain, GA “I heard you say that new fix and flip investors shouldn’t do major rehabs. Why is this and what do you consider major?”
• Kendra, Jacksonville, FL “How much should I be concerned about a requirement that my buyer get flood insurance?”
• Arnold, Phenix City, AL “My company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?”
• Scott, Bowling Green, KY “Is it possible to make a living in real estate while living in a small town? If so, how?”
• Alexis, Katy, TX “I’m interested in the Buyers Club but I’m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!”
• Dina, San Jose, CA “I have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?”
• Kimberly, Modesto, CA “Is it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

Paul Montelongo joined us recently for both the Wednesday and Thursday meetings of the Flipping America REIA. We discussed his incredible career and covered a variety of topics.

Here are some of the topics we covered which you will hear about today and next time.

• The secret to longevity in business
• The realistic expectations of being in the real estate business
• How to successfully merge a personal life with a business life
• Creating bigger and bigger reasons to continue a business life
• Leaving an imprint on the world (your world)

I asked Paul to provide 3-5 compelling reasons for people to join the call (as if his fame isn't enough!). Here's what he said:

1. 40 years real estate & business experience
2. Wide variety of interests...not just a real estate guy (harley, golf, yoga instructor, author, painter, family man, real estate, media, and more)
3. Unique perspectives on business and life
4. My peaks and valleys have given me a unique wisdom
5. I don't take myself seriously

I've been around Paul enough to know that he thinks like me. He doesn't like the hotel room "guru" business model. He is real, wants to help, has a variety of interests, and is committed to personal growth.

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

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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

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It's a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
• "Real Estate Investing Quick Start" Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

• Home values are up 6.7% year over year. Can we now start ignoring the click-bait crash boys who were predicting something similar to 2008?
• Interest rates remain historically low and look poised to remain so for some time. https://www.bankrate.com/mortgages/rates/mortgage-rates-for-monday-november-9-2020/
• Inventory is still tight with no sign of significant increase in new home construction.
• Fannie Mae and Freddie Mac officials are planning to appeal for a continuing policy of loan deferments well into 2021. This will mean continuing historic low foreclosure rates for at least the next six to nine months.
• What does it all mean? It means this is a great time to sell and will be through the first half of 2021, because of tight inventory. Deals are hard to come by but easy to sell when you get them. It almost doesn't matter where it is.

• Michael, Boston, MA, also 133 others, "How do you see the Presidential election impacting the real estate market?"
• Andrea, Baltimore MD, "I don't see anything out there I can buy using the MAO rule. It just doesn't exist. What do you think about going to 75 or 80% of ARV and relying on inflation and the tight market to make the profit?"
• Calvin, Fort Worth, TX, "How do you figure repair costs to make offers on remote properties?"