Flipping America

Flipping America

By Roger BlankenshipBusinessEntrepreneurshipInvesting
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Flipping America episodes

  • Flipping America 415, Flips By The Numbers

    Today we are going to talk about flipping houses. A profitable house flipping business is always going to be about the numbers. Learn your numbers, know your numbers, use the numbers until they become second nature. This is a topic people pay me big money to teach them, but I’m going to share quite a bit of it with you today. And it’s yours at no cost or obligation simply because you took time to listen to the show. Long-time listeners will know that I do this from time to time. Sprinkled over the past 414 hours of Flipping America shows is probably all the real estate education you’ll ever need.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question. 

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. 

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News: 
    • The evidence shows the truth - the real estate market is booming.  https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email
    Questions:
    • Sanjay, Fort Worth, TX “I’m hoping to join the Buyers Club if you will let me in. Is there a limit to how many houses I can buy?”
    • Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?”
    Motivational Quote: “I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.” – Michael Jordan
    1 hr 1 min
  • Flipping America 414, The Ferrari of Retirement Plans Pt 2

    Today we will continue and conclude our conversation with Damion Lupo regarding the eQRP. If you missed the previous episode, you may want to go back and listen for a couple of reasons. 1. We introduce, define and describe the eQRP, but 2. As a lead in to the discussion, Damion and I talked for a few moments about business failure and the challenges we both have face in our investing careers. It was a candid moment and many have written in or called to tell us how powerful the impact of this frank conversation has been in their own lives. It was totally unplanned - like most of life's best moments, right?

    Later on I will introduce you to my new friend Mark Willis, a certified financial planner out of Chicago and we will continue a conversation about money with a few unique twists. I'm very impressed with Mark and we are going to get him back for a longer conversation in the near future.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don't mind.

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News:
    • The evidence shows the truth - the real estate market is booming. https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email
    Questions:
    • Sanjay, Fort Worth, TX "I'm hoping to join the Buyers Club if you will let me in. Is there a limit to how many houses I can buy?"
    • Cary, Arlington, VA "It's tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what's a fix and flip investor to do?"
    Motivational Quote: "I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life and that is why I succeed." – Michael Jordan

    1 hr 1 min
  • Flipping America 414, The Ferrari of Retirement Plans Pt 2

    Today we will continue and conclude our conversation with Damion Lupo regarding the eQRP. If you missed the previous episode, you may want to go back and listen for a couple of reasons. 1. We introduce, define and describe the eQRP, but 2. As a lead in to the discussion, Damion and I talked for a few moments about business failure and the challenges we both have face in our investing careers. It was a candid moment and many have written in or called to tell us how powerful the impact of this frank conversation has been in their own lives. It was totally unplanned - like most of life’s best moments, right?

    Later on I will introduce you to my new friend Mark Willis, a certified financial planner out of Chicago and we will continue a conversation about money with a few unique twists. I’m very impressed with Mark and we are going to get him back for a longer conversation in the near future. 

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question. 

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. 

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News: 
    • The evidence shows the truth - the real estate market is booming.  https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email
    Questions:
    • Sanjay, Fort Worth, TX “I’m hoping to join the Buyers Club if you will let me in. Is there a limit to how many houses I can buy?”
    • Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?”
    Motivational Quote: “I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.” – Michael Jordan

     

    1 hr 1 min
  • Flipping America 413, The Ferrari of Retirement Plans Pt 1

    When it comes to retirement accounts there is a language and set of acronyms that rival any other business out there. You have a myriad of choices - you are blessed with dozens of options and opportunities within those options. It can be complicated and confusing. Some will say "I prefer to keep it simple" and then proceed on a plan to own ten rental houses - The end. That can work, but you will be paying more in taxes, living on less, and will have missed a lot of opportunity on the way. Today I'm speaking with Damion Lupo who is going to turbo-charge your retirement plans and along the way he might just set your imagination on fire. There's nothing like planning ahead, right?

    Ultimate Flexibility, Control & Protection to optimize your investments.

    Get ready to accelerate your returns 10X faster than a traditional 401(k) plan or Self-Directed IRA!

    Enjoy the widest range of alternative investment options available. Get the freedom and security of total Checkbook Control.

    Rollover your 401(k), IRA, SDIRA, 403b, 457, TSP and Solo 401(k)s into your eQRP® account

    But perhaps the most astounding part of this call is what we did not plan to spend a lot of time on - recovering from a business failure. Damion has an amazing story to share and I bet you will be encouraged and inspired when you hear this. And it's coming up in a few minutes.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don't mind.

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News:
    • The evidence shows the truth - the real estate market is booming. https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email
    Questions:
    • Ryan, Seattle, WA "What would your advice be for someone living in a high priced area such as Seattle?"
    • Elinore, Covington, GA "Why is the MAO rule 70% of the ARV? I've never understood that. It seems arbitrary, and also a bit greedy."
    • Cary, Arlington, VA "It's tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what's a fix and flip investor to do?"
    Motivational Quote: "It's a slow process, but quitting won't speed it up." -Anonymous

    1 hr 1 min
  • Flipping America 413, The Ferrari of Retirement Plans Pt 1

    When it comes to retirement accounts there is a language and set of acronyms that rival any other business out there. You have a myriad of choices - you are blessed with dozens of options and opportunities within those options. It can be complicated and confusing. Some will say “I prefer to keep it simple” and then proceed on a plan to own ten rental houses - The end. That can work, but you will be paying more in taxes, living on less, and will have missed a lot of opportunity on the way. Today I’m speaking with Damion Lupo who is going to turbo-charge your retirement plans and along the way he might just set your imagination on fire. There’s nothing like planning ahead, right?

    Ultimate Flexibility, Control & Protection to optimize your investments.

    Get ready to accelerate your returns 10X faster than a traditional 401(k) plan or Self-Directed IRA!

    Enjoy the widest range of alternative investment options available. Get the freedom and security of total Checkbook Control.

    Rollover your 401(k), IRA, SDIRA, 403b, 457, TSP and Solo 401(k)s into your eQRP® account

    But perhaps the most astounding part of this call is what we did not plan to spend a lot of time on - recovering from a business failure. Damion has an amazing story to share and I bet you will be encouraged and inspired when you hear this. And it’s coming up in a few minutes. 

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question. 

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. 

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News: 
    • The evidence shows the truth - the real estate market is booming.  https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email
    Questions:
    • Ryan, Seattle, WA “What would your advice be for someone living in a high priced area such as Seattle?”
    • Elinore, Covington, GA “Why is the MAO rule 70% of the ARV? I’ve never understood that. It seems arbitrary, and also a bit greedy.”
    • Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?”
    Motivational Quote: “It’s a slow process, but quitting won’t speed it up.” -Anonymous

     

    1 hr 1 min
  • Flipping America 412, Get a Hard Money Loan

    Real estate investing takes two or three things to work well. The first thing is a value-add property. The next is your ingenuity and effort. The third thing is usually the money to do the deal. That seems to be the hardest part, but if you have the right kind of deal, it can be very easy to get. They call it hard money but not because the loan is hard. It's because the loan is made using the hard asset as collateral. The loan depends primarily on the current and future value of the property. And the loan is often made not based on creditworthiness of the borrower but by the confidence the lender has in the borrower to get that property into a condition that would bring the future value.

    You'll hear all about it today with our friends from Bay Mountain Capital, Will Dyer and Wayne Corley. That's coming up in just a few minutes.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don't mind.

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News:
    • This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html
    Motivational Quote: I have yet to be persuaded by anyone yelling at me and calling me names. Talk it out, America. -Roger Blankenship

    1 hr 1 min
  • Flipping America 412, Get a Hard Money Loan

    Real estate investing takes two or three things to work well. The first thing is a value-add property. The next is your ingenuity and effort. The third thing is usually the money to do the deal. That seems to be the hardest part, but if you have the right kind of deal, it can be very easy to get. They call it hard money but not because the loan is hard. It’s because the loan is made using the hard asset as collateral. The loan depends primarily on the current and future value of the property. And the loan is often made not based on creditworthiness of the borrower but by the confidence the lender has in the borrower to get that property into a condition that would bring the future value. 

    You’ll hear all about it today with our friends from Bay Mountain Capital, Will Dyer and Wayne Corley. That’s coming up in just a few minutes. 

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question. 

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. 

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News: 
    • This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html
    Motivational Quote: I have yet to be persuaded by anyone yelling at me and calling me names. Talk it out, America. -Roger Blankenship

     

    1 hr 1 min
  • Flipping America 411 Secrets of the Wealthy

    Today our guest Lane Kawaoka tells us how to invest in large stabilized deals without having to do a thing!

    Get diversification: Many commercial real estate investments have high acquisition prices (think $10M+) to which most people don't have access. Lane says you want to get away from Mom and Pop investments like 1-40 units. 1-40 unit deals typically have pricing issues because all the amateurs are involved and the deals that look good from a per unit price perspective are usually under 80% occupied and have ISSUES. Investing passively in a group can allow you to invest in multiple asset classes (apartment/mobile home/assisted living), in multiple locations and with varying business plan duration.

    Investing passively allows one to avoid being exposed to credit or liability risk. No W2 documented income no problem! You do not need to personally guarantee multi-million dollar loans and be the fall guy.

    The goal of a Limited Partnership syndication investor is to create a "ladder" of investment that creates accumulated cash flow and cash out at different times. It's like your grandpa's CD ladder strategy but with 10-30x returns.

    You can get all the depreciation benefits of single family home investors but with cost segregation on larger properties it gets even better! Bigger deals are able to pay for a cost segregation to squeeze out even more depreciation.

    Invest in real estate without getting your hands dirty. Utilize a simple set of specific wealth building strategies for tax, legal, investment, that most people do not have access to and do not know about.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don't mind.

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News:
    • This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html
    Motivational Quote: Price is what you pay. Value is what you get. Warren Buffett
    1 hr 1 min
  • Flipping America 411 Secrets of the Wealthy

    Today our guest Lane Kawaoka tells us how to invest in large stabilized deals without having to do a thing!

    Get diversification:  Many commercial real estate investments have high acquisition prices (think $10M+) to which most people don't have access. Lane says you want to get away from Mom and Pop investments like 1-40 units. 1-40 unit deals typically have pricing issues because all the amateurs are involved and the deals that look good from a per unit price perspective are usually under 80% occupied and have ISSUES.  Investing passively in a group can allow you to invest in multiple asset classes (apartment/mobile home/assisted living), in multiple locations and with varying business plan duration. 

    Investing passively allows one to avoid being exposed to credit or liability risk.  No W2 documented income no problem!  You do not need to personally guarantee multi-million dollar loans and be the fall guy. 

    The goal of a Limited Partnership syndication investor is to create a "ladder" of investment that creates accumulated cash flow and cash out at different times. It's like your grandpa's CD ladder strategy but with 10-30x returns. 

    You can get all the depreciation benefits of single family home investors but with cost segregation on larger properties it gets even better! Bigger deals are able to pay for a cost segregation to squeeze out even more depreciation. 

    Invest in real estate without getting your hands dirty. Utilize a simple set of specific wealth building strategies for tax, legal, investment, that most people do not have access to and do not know about.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question. 

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. 

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News: 
    • This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html
    Motivational Quote: Price is what you pay. Value is what you get. Warren Buffett
    1 hr 1 min
  • Flipping America 410 Find and Vet Contractors

    My real estate career is like a Dickens novel. It was the best of times. It was the worst of times. And the quality of those times has always been dictated by the quality of contractors I have used. A good contractor makes this business pretty easy. A bad one will create one challenge after another. Today's show is a talk I delivered to the Flipping America REIA about how to find and Vet Contractors. Use this information to do a better job of hiring and avoid heartache, headache, and difficulties.

    How to contact us

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

    Facebook.com/flippingamericamedia

    Twitter and Instagram @FlippingAmerica

    Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.

    Email your questions to [email protected]. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don't mind.

    Sponsors

    American IRA: www.americanIRA.com

    The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

    Announcements:
    • 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.
    News:
    • This is good advice for most homebuyers. https://www.cnbc.com/2020/09/10/always-use-the-30-30-3-rule-before-buying-a-home-during-pandemic-says-finance-real-estate-expert.html
    1 hr 1 min

About Flipping America

From the publisher's feed

We teach you how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career.