Flipping America

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!

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.

• 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?”

There has never been a greater interest in real estate investing. While personally I love your interest because that's what is driving the popularity of this show, the more of you that actually get into the game, the more difficult it becomes. We all tend to look at and bid on the same properties sometimes. Combined with the already relatively low inventory, buying great deals isn't as easy as it used to be. You need an edge. If you're like me you want something that searches automatically, alerts you daily if not more often, and allows you to be first in making an offer on a property. Now there is a tool that does just that - and it's working with LIVE MLS data.

Privy Software allows you to access live MLS data, now nationwide. You can focus on areas with strong investor activity, find new listings, see before and after pictures from other investors, know their purchase and selling prices and super-charge your lead generation process.

Benson Juarez is going to provide a live demonstration of the platform, explain how it works and offer both the platform and training to all participants at a deep discount.

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.

There has never been a greater interest in real estate investing. While personally I love your interest because that’s what is driving the popularity of this show, the more of you that actually get into the game, the more difficult it becomes. We all tend to look at and bid on the same properties sometimes. Combined with the already relatively low inventory, buying great deals isn’t as easy as it used to be. You need an edge. If you’re like me you want something that searches automatically, alerts you daily if not more often, and allows you to be first in making an offer on a property. Now there is a tool that does just that - and it’s working with LIVE MLS data.

Privy Software allows you to access live MLS data, now nationwide. You can focus on areas with strong investor activity, find new listings, see before and after pictures from other investors, know their purchase and selling prices and super-charge your lead generation process. 

Benson Juarez is going to provide a live demonstration of the platform, explain how it works and offer both the platform and training to all participants at a deep discount. 

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.

Ghosts, goblins, hauntings, and things that go bump in the night. These can be frightening but they are mostly in your imagination. Reality is often more terrifying. And few things strike more fear into the heart than the prospect of becoming (dramatic sound effect) a landlord. Join us this Halloween day - if you dare - on a journey we call "Tenant Nightmares!"

Hello America and thanks for joining us this fine Halloween day. The moon will be full tonight and it's the first time since 1942 we've had a full moon on Halloween day. I hope you have your social distancing trick or treat protocols in place, candy ready for the neighborhood kids. And if you live far enough north, maybe a fire crackling in the fireplace as you settle down to listen to this episode of the Flipping America show.

What can be scary about tenants is the fact that your money is at risk due to factors largely beyond your control. Tenants do some of the strangest things and frankly some of them can be remarkably destructive. This isn't usually the case of course, but it happens just enough to make this venture frightening. Mark Dolfini is joining us in a few minutes and together we are going to share some of the scary stories from our experience, what we learned from them, and perhaps a few things that can spare you the anxiety, terror, and revulsion we experienced.

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.

• Interesting connection between COVID-19 and interest rates for 2021. https://www.housingwire.com/videos/this-is-how-logan-mohtashami-believes-mortgage-rates-will-behave-in-2021/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=98407997&_hsenc=p2ANqtz-8XzFJ30MQA6C-Uqjxii2DkNtQuf5NiHcKAdsaQtlqjWgwGTRrlEwKxHWSLUfatTdArik5uZcNNJNBgqJIrLvKad8rnKNzTeovSCVtjFgtposU-57Q&utm_content=98407997&utm_source=hs_email

• Pamela, Oklahoma City, "What do you see happening in the housing market in 2021?"
• Hannah, Waukesha, WI, "I understand the 1% rule. What other factors do you consider when buying a rental property?"

Ghosts, goblins, hauntings, and things that go bump in the night. These can be frightening but they are mostly in your imagination. Reality is often more terrifying. And few things strike more fear into the heart than the prospect of becoming (dramatic sound effect) a landlord. Join us this Halloween day - if you dare - on a journey we call “Tenant Nightmares!”

Hello America and thanks for joining us this fine Halloween day. The moon will be full tonight and it’s the first time since 1942 we’ve had a full moon on Halloween day. I hope you have your social distancing trick or treat protocols in place, candy ready for the neighborhood kids. And if you live far enough north, maybe a fire crackling in the fireplace as you settle down to listen to this episode of the Flipping America show. 

What can be scary about tenants is the fact that your money is at risk due to factors largely beyond your control. Tenants do some of the strangest things and frankly some of them can be remarkably destructive. This isn’t usually the case of course, but it happens just enough to make this venture frightening. Mark Dolfini is joining us in a few minutes and together we are going to share some of the scary stories from our experience, what we learned from them, and perhaps a few things that can spare you the anxiety, terror, and revulsion we experienced. 

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.

• Interesting connection between COVID-19 and interest rates for 2021.  https://www.housingwire.com/videos/this-is-how-logan-mohtashami-believes-mortgage-rates-will-behave-in-2021/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=98407997&_hsenc=p2ANqtz-8XzFJ30MQA6C-Uqjxii2DkNtQuf5NiHcKAdsaQtlqjWgwGTRrlEwKxHWSLUfatTdArik5uZcNNJNBgqJIrLvKad8rnKNzTeovSCVtjFgtposU-57Q&utm_content=98407997&utm_source=hs_email

• Pamela, Oklahoma City, “What do you see happening in the housing market in 2021?”
• Hannah, Waukesha, WI, “I understand the 1% rule. What other factors do you consider when buying a rental property?”

Real estate takes money. But it doesn't have to be yours. In fact the secret to success in this business, especially when getting started, is learning how to partner with others to get deals funded. Today you are going to learn how.

Yes, there are "nothing down" deals out there, but you'll pass by 100 good deals to find one of those. Don't pass them by. Even as you start your real estate business and especially if you are established in the business, you want to develop relationships with private money sources. You want hard money lenders as well, but your private money sources are going to be more flexible and give you more options on projects they will fund. It is wise to have multiple funding sources lined up for whenever you need them.

Today we are going to drop in on a recent call we did with Dave Dubeau is going to share with us his method for raising private money. You will be astounded at the practical simplicity he brings and excited about your business. In just 45 minutes Dave is going to step you through his process and show you exactly how to proceed. This is going to help you grow your business, make more money and get to your financial goals more quickly.

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.

Real estate takes money. But it doesn’t have to be yours. In fact the secret to success in this business, especially when getting started, is learning how to partner with others to get deals funded. Today you are going to learn how.

Yes, there are “nothing down” deals out there, but you’ll pass by 100 good deals to find one of those. Don’t pass them by. Even as you start your real estate business and especially if you are established in the business, you want to develop relationships with private money sources. You want hard money lenders as well, but your private money sources are going to be more flexible and give you more options on projects they will fund. It is wise to have multiple funding sources lined up for whenever you need them.

Today we are going to drop in on a recent call we did with  Dave Dubeau is going to share with us his method for raising private money. You will be astounded at the practical simplicity he brings and excited about your business. In just 45 minutes Dave is going to step you through his process and show you exactly how to proceed. This is going to help you grow your business, make more money and get to your financial goals more quickly. 

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.

How do you manage your priorities and your to-do list? Do you use note-taking programs, pocket organizers, desktop calendar planners, to-do list apps or - like many of us, tons of post-it notes all over the place, or, like almost all of us, some combination of these?

Don't stop doing what you have to do to get things done, but consider finding a way to organize everything in one place. Today Nick Baldo is going to show you how.

If you have a project and want to be organized, you make a list, maybe several lists. If you have several projects and team members working on them, your lists could fill notebooks and you still might miss details. Asana is a project management engine with powerful tools to help you organize your business, your life, your team and keep everything straight, everyone accountable and streamline your workflow.

Good organization is a key to scaling your business, and scaling your business is how you will achieve your financial goals. In a few minutes we are going to join a recent call with Nick Baldo, a true master of technology and fellow real estate investor. He is going to teach us how to use Asana to manage our rehab projects, manage our teams, and do a better job of running our businesses. Best of all? This training is free and Asana has a free level. You could be on your way to being better organized by the time your lunch hour is over.

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.

How do you manage your priorities and your to-do list? Do you use note-taking programs, pocket organizers, desktop calendar planners, to-do list apps or - like many of us, tons of post-it notes all over the place, or, like almost all of us, some combination of these? 

Don’t stop doing what you have to do to get things done, but consider finding a way to organize everything in one place. Today Nick Baldo is going to show you how.

If you have a project and want to be organized, you make a list, maybe several lists. If you have several projects and team members working on them, your lists could fill notebooks and you still might miss details. Asana is a project management engine with powerful tools to help you organize your business, your life, your team and keep everything straight, everyone accountable and streamline your workflow.

Good organization is a key to scaling your business, and scaling your business is how you will achieve your financial goals. In a few minutes we are going to join a recent call with Nick Baldo, a true master of technology and fellow real estate investor. He is going to teach us how to use Asana to manage our rehab projects, manage our teams, and do a better job of running our businesses. Best of all? This training is free and Asana has a free level. You could be on your way to being better organized by the time your lunch hour is over. 

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.

Today Bill and Dwan Twyford are going to conclude their very interesting and potentially profitable talk on No Equity Investing. Plus I have a good chance of getting caught up with questions from you. Coming up now on Flipping America.

I realized about 5-6 years ago I was leaving money on the table by telling people there was nothing I could do. It took awhile to figure out a way to make money on a property with no real equity. And even though I eventually did, I didn't have it down to an art like Bill and Dwan do. This is great stuff and there is a reason this call was one of the highest rated this year. Today we are going to hear the conclusion of the call they did with the Flipping America REIA a few weeks ago.

And I finally have plenty of time for your questions. I think we have a shot to get completely caught up today. So now I need even more questions from you. Ask anything you want about real estate and I promise you an answer.

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.

• Ken, Santa Barbara, CA "I can't get my head around buying rental property 2000 miles away. Is there anyway to invest in cash-flowing property here in southern California?"
• Justin, Colorado Springs, CO "I'm about to put my first flip on the market. My question is, 'do properties sell over the winter time? Would I be better off to wait until springtime to get more money?'"
• Alexis, Rosemont, IL "I have money from lottery winnings and I don't want to be stupid with it. You are one of several people I'm asking. What would you do with $1.2 million?" I haven't told anyone I won and I'm keeping my day job. I'm 31 and I don't want this to ruin my life." P.S. I'm not really from Rosemont, but trying to remain anonymous.
• Martin, Auburn, AL "I am trying to get started investing here - buying rental properties, but they are usually under contract the same day they are listed. I can't seem to get out to the property fast enough. Any suggestions?"
• Hamida, Atlanta, GA "I don't want to do a large rehab, but all of the deals I see require substantial work. This might not be the thing for me."
• Gary, Indianapolis, IN "There are plenty of low-priced projects here. But not big margins. I can usually put about 60-80k in a flip and maybe make 10-15k. I hear people from other places talking about 100k profits and it just seems like a different world. Is it all that common?
• Chai, Philadelphia, PA, "I'm thinking about buying a flip in North Dakota, but it's already cold there and I'm concerned about finishing it before it gets too cold. What do you know about flipping in winter there?"
• Elliott, Raleigh Durham, NC, "It seems like the market is hot all over the United States. How can this be in the midst of a pandemic? And are there any markets anywhere where things aren't selling at all?"
• Deborah, Clinton, IA "How do you see the presidential election affecting real estate?"