Flipping America

Flipping America

By Roger BlankenshipBusinessEntrepreneurshipInvesting
Download on the App Store

Flipping America episodes

  • Flipping America 385 "Broke to Booming" Part 1

    More than thirty million Americans are currently unemployed. Many of them do not have several months of cash reserves for emergencies. And many are turning to real estate as an opportunity to help them no longer rely on their employer for all of their income. Some desire to break from the corporate world and become professional real estate investors. 

    It’s tough to do when you’re broke. 

    Real estate takes money. But the great news is, it doesn’t have to be YOUR money. There is a river of money flowing from buyers to sellers. Today we are going to teach you how to dip a toe in, and then wade out into that river with your buckets in hand.

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic: Broke to Booming, with Darlene Coquerel Motivational Thoughts for the day “I don’t run away from a challenge because I am afraid. Instead, I run towards it because the only way to escape fear is to trample it beneath your foot.”  Nadia Comaneci

     

    1 hr 1 min
  • Flipping America 384, "Know Thyself" pt 1

    Today we conclude the conversation we started last time with Dr. David Janssen. We are talking about personality types, learning styles, and other characteristics that create our Divine Design. What does this have to do with real estate investing? I'm glad you asked. If we know ourselves well, we will know there are certain things we shouldn't try. But that's ok, because there are a lot of other options out there for us.

    As we know ourselves we begin to understand why other people act the way they do and gradually we come to accept then appreciate and then deeply value those differences. This is a vital step in maturity. Master this and you will unlock relationship secrets that can set your life and your business on fire.

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic: Divine Design, with Dr. David Janssen Motivational Thoughts for the day "You can't be brave if you've only had wonderful things happen to you." Mary Tyler Moore
    1 hr 1 min
  • Flipping America 384, "Know Thyself" pt 1

    Today we conclude the conversation we started last time with Dr. David Janssen. We are talking about personality types, learning styles, and other characteristics that create our Divine Design. What does this have to do with real estate investing? I’m glad you asked. If we know ourselves well, we will know there are certain things we shouldn’t try. But that’s ok, because there are a lot of other options out there for us. 

    As we know ourselves we begin to understand why other people act the way they do and gradually we come to accept then appreciate and then deeply value those differences. This is a vital step in maturity. Master this and you will unlock relationship secrets that can set your life and your business on fire. 

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic: Divine Design, with Dr. David Janssen Motivational Thoughts for the day “You can’t be brave if you’ve only had wonderful things happen to you.” Mary Tyler Moore
    1 hr 1 min
  • Flipping America 383, "Know Thyself" Part One

    "Know Thyself." If you can do this, you have a much better chance of succeeding in life and work. You also have a much better chance of knowing, valuing, and relating to other people. To know yourself is the beginning of understanding the differences and learning to value those differences. In just a few moments we are going to join a recent call we did for the Flipping America REIA. Our guest is Dr. David Janssen, a specialist in the area of personality make-up. His theory is something he calls Divine Design which is a combination of personality, learning styles, training and experience, upbringing and environment, and much more. Truly a fascinating call and while we were going along, I was trying my best to show you how understanding your own tendencies can help you select (or NOT select) certain real estate techniques or strategies.

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic: News:
    • Consumer Finance Protection Bureau is moving forward with its proposal to amend the qualified mortgage definition in Regulation Z to replace the DTI limit of 43% with a price-based approach https://www.housingwire.com/articles/cfpb-to-eliminate-dti-requirement-from-qualified-mortgage/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=90014163&_hsenc=p2ANqtz-9m3xda5F9B-Sc5jgsf6qcbe6qqpVCtvK4GFuIiBnFWO1xFYflKeXztYQBDUhRkssYEeilyKWcZ8o-OaW7oUGjjTJd_MNrxRewfIyIf71qaEmCuTd4&utm_content=90014163&utm_source=hs_email
    • Sales are up! https://www.housingwire.com/articles/sales-of-new-houses-spike-in-may-on-low-rates/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=90098130&_hsenc=p2ANqtz-_mw-ddjcZxHgRPMI3GgFmBCT6noV6b5-LFTvqF3FmJ7zMnbql8fiZNR7EnHvVhMVAboa16J0A6ELS067mfOburMUpg7H4QLpbKuC2pFkRSpkRkGyY&utm_content=90098130&utm_source=hs_email
    • There are things you won't see when taking a virtual tour: https://realestate.usnews.com/real-estate/articles/things-to-consider-when-taking-a-virtual-home-tour
    • Thinking about REITS? Consider these: https://money.usnews.com/investing/real-estate-investments/slideshows/best-apartment-reits-to-own-for-a-rental-market-slump
    Questions:

    Send your questions to [email protected]

    Motivational Thoughts for the day "One of the most important gifts a parent can give a child is the gift of accepting that child's uniqueness. Fred Rogers
    1 hr 1 min
  • Flipping America 383, "Know Thyself" Part One

    “Know Thyself.” If you can do this, you have a much better chance of succeeding in life and work. You also have a much better chance of knowing, valuing, and relating to other people. To know yourself is the beginning of understanding the differences and learning to value those differences. In just a few moments we are going to join a recent call we did for the Flipping America REIA. Our guest is Dr. David Janssen, a specialist in the area of personality make-up. His theory is something he calls Divine Design which is a combination of personality, learning styles, training and experience, upbringing and environment, and much more. Truly a fascinating call and while we were going along, I was trying my best to show you how understanding your own tendencies can help you select (or NOT select) certain real estate techniques or strategies. 

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic:  News:
    • Consumer Finance Protection Bureau is moving forward with its proposal to amend the qualified mortgage definition in Regulation Z to replace the DTI limit of 43% with a price-based approach https://www.housingwire.com/articles/cfpb-to-eliminate-dti-requirement-from-qualified-mortgage/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=90014163&_hsenc=p2ANqtz-9m3xda5F9B-Sc5jgsf6qcbe6qqpVCtvK4GFuIiBnFWO1xFYflKeXztYQBDUhRkssYEeilyKWcZ8o-OaW7oUGjjTJd_MNrxRewfIyIf71qaEmCuTd4&utm_content=90014163&utm_source=hs_email
    • Sales are up! https://www.housingwire.com/articles/sales-of-new-houses-spike-in-may-on-low-rates/?utm_campaign=Newsletter%20-%20Daily%20Download&utm_medium=email&_hsmi=90098130&_hsenc=p2ANqtz-_mw-ddjcZxHgRPMI3GgFmBCT6noV6b5-LFTvqF3FmJ7zMnbql8fiZNR7EnHvVhMVAboa16J0A6ELS067mfOburMUpg7H4QLpbKuC2pFkRSpkRkGyY&utm_content=90098130&utm_source=hs_email
    • There are things you won’t see when taking a virtual tour: https://realestate.usnews.com/real-estate/articles/things-to-consider-when-taking-a-virtual-home-tour
    • Thinking about REITS? Consider these: https://money.usnews.com/investing/real-estate-investments/slideshows/best-apartment-reits-to-own-for-a-rental-market-slump
    Questions:

    Send your questions to [email protected]

    Motivational Thoughts for the day “One of the most important gifts a parent can give a child is the gift of accepting that child's uniqueness. Fred Rogers
    1 hr 1 min
  • Flipping America 382, Blake Templeton and 3-D Investing

    Would you ever consider investing with someone who has never lost money on a deal? That would certainly get my attention. I can't make that claim - I've lost money on a few. But today I'm going to have on the show a young man who so far is batting 1000. He's never lost money on a deal. And he's been at it for awhile.

    Blake Templeton is an international motivational speaker, author of the new book 'The Solomon Way', With 14 years in business, and 300+ transactions, not one single investor has ever lost money. They are on track to have $100M under management within the next 12 months. I've never had someone do this on the show either, but Blake is going to tell us how the wisdom of King Solomon is a model upon which to build a Financial Fortress We are also going to discuss his 3 Dimensional Investment strategy, talk about what that means and how we can use it. All this and more coming right up.

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic: News:
    • There are things you won't see when taking a virtual tour: https://realestate.usnews.com/real-estate/articles/things-to-consider-when-taking-a-virtual-home-tour
    • Thinking about REITS? Consider these: https://money.usnews.com/investing/real-estate-investments/slideshows/best-apartment-reits-to-own-for-a-rental-market-slump
    • Can you trust a USA Today poll? https://www.usatoday.com/story/money/2020/04/25/coronavirus-housing-market-pessimism-recession-home-buyers-sellers/3026595001/ It's not an agenda or bias, it's just a failure to understand the bigger picture.
      • Mystery: Home sales volume drops, but prices remain steady?
      • Brilliant: many homeowners who lose their jobs and incomes will struggle to hold onto their homes
      • You cannot declare a housing "trend" with data from any one-month period. This has never been more true than during the sudden economic upheaval created by the coronavirus and worldwide lockdown. We should probably set aside our normal macro-economic models for awhile and just see what happens when things open back up. Unprecedented events like this create difficulty for prognosticators. So the experts tend to draw on what they know, or from prior events they see as somehow similar or analogous to the current situation. I'm choosing to focus not on cyclical schedules, or stats produced one month after a worldwide shutdown. Instead, I focus on market fundamentals. Interest rates, Avg. days on market, foreclosure and default rates, available inventory, new home starts, and the economy as a whole. The last two are challenged right now. But our calls to investors and realtors on the streets and in the trenches say the market remains strong.
    Questions:

    Send your questions to [email protected]

    • Toya, Atlanta, GA "With a subject too can you do what you want with the property sell, rent, etc."
    • Armond, Macon, GA "I've heard from some long-time brokers that most banks are wise to the veil of a land trust when doing sub-to, and it's simpler to just disclose the transfer of ownership to the lender upfront when changing/starting the home insurance policy. What do you guys think?
    • Anthony, Atlanta, GA "When someone is on a ~30 day foreclosure timeline and has a 2nd lien that you want to short, is it generally feasible to get the short sale done in that short time frame? Normal short sales take months usually if I'm not mistaken. ."
    • Jessie, Chattanooga, TN "How can I get one of those $10,000 houses you speak of?"
    • Ben, Columbus, GA "What's the best way for a non-real estate agent to get comps?"
    Motivational Thoughts for the day "A wise man will make more opportunities than he finds." Francis Bacon

    1 hr 1 min
  • Flipping America 382, Blake Templeton and 3-D Investing

    Would you ever consider investing with someone who has never lost money on a deal? That would certainly get my attention. I can’t make that claim - I’ve lost money on a few. But today I’m going to have on the show a young man who so far is batting 1000. He’s never lost money on a deal. And he’s been at it for awhile.

    Blake Templeton is an international motivational speaker, author of the new book ‘The Solomon Way’, With 14 years in business, and 300+ transactions, not one single investor has ever lost money. They are on track to have $100M under management within the next 12 months. I’ve never had someone do this on the show either, but Blake is going to tell us how the wisdom of King Solomon is a model upon which  to build a Financial Fortress We are also going to discuss his  3 Dimensional Investment strategy, talk about what that means and how we can use it. All this and more coming right up. 

    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

    Civic Financial: bit.ly/CivicFinancial

    FlipStarter Online! www.flipstarteronline.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.
    Topic:  News:
    • There are things you won’t see when taking a virtual tour: https://realestate.usnews.com/real-estate/articles/things-to-consider-when-taking-a-virtual-home-tour
    • Thinking about REITS? Consider these: https://money.usnews.com/investing/real-estate-investments/slideshows/best-apartment-reits-to-own-for-a-rental-market-slump
    • Can you trust a USA Today poll? https://www.usatoday.com/story/money/2020/04/25/coronavirus-housing-market-pessimism-recession-home-buyers-sellers/3026595001/ It’s not an agenda or bias, it’s just a failure to understand the bigger picture. 
      • Mystery: Home sales volume drops, but prices remain steady?
      • Brilliant: many homeowners who lose their jobs and incomes will struggle to hold onto their homes
      • You cannot declare a housing “trend” with data from any one-month period. This has never been more true than during the sudden economic upheaval created by the coronavirus and worldwide lockdown. We should probably set aside our normal macro-economic models for awhile and just see what happens when things open back up. Unprecedented events like this create difficulty for prognosticators. So the experts tend to draw on what they know, or from prior events they see as somehow similar or analogous to the current situation. I’m choosing to focus not on cyclical schedules, or stats produced one month after a worldwide shutdown. Instead, I focus on market fundamentals. Interest rates, Avg. days on market, foreclosure and default rates, available inventory, new home starts, and the economy as a whole. The last two are challenged right now. But our calls to investors and realtors on the streets and in the trenches say the market remains strong. 
    Questions:

    Send your questions to [email protected]

    • Toya, Atlanta, GA “With a subject too can you do what you want with the property sell, rent, etc.”
    • Armond, Macon, GA “I’ve heard from some long-time brokers that most banks are wise to the veil of a land trust when doing sub-to, and it’s simpler to just disclose the transfer of ownership to the lender upfront when changing/starting the home insurance policy. What do you guys think?
    • Anthony, Atlanta, GA “When someone is on a ~30 day foreclosure timeline and has a 2nd lien that you want to short, is it generally feasible to get the short sale done in that short time frame? Normal short sales take months usually if I’m not mistaken.
.”
    • Jessie, Chattanooga, TN “How can I get one of those $10,000 houses you speak of?”
    • Ben, Columbus, GA “What’s the best way for a non-real estate agent to get comps?”
    Motivational Thoughts for the day “A wise man will make more opportunities than he finds.” Francis Bacon

     

     

    1 hr 1 min
  • Flipping America 381, Jason Pero and the Cash Flow Juggernaut

    It's OK to start small. But if you start well, and build disciplines around expenses, cash flow and reinvestment of profits, your business will grow and grow until it becomes a juggernaut, which is an unstoppable force, not a bad guy in Marvel comics.

    Jason Pero was born and raised in Erie, PA and attended college at nearby Westminster. After college Jason began a sales career in pharmaceutical and medical device sales. He started his real estate investing career in 2001 when he and his wife purchased their first duplex. He built a portfolio of real estate rental properties while working a career as a medical sales representative. He was able to leave his job in 2012 as the portfolio grew to nearly 300 units. Currently Jason owns around 900 rental apartments. He is the President of his local landlord Apartment Association and a frequent guest on podcasts and occasional speaker at real estate investing conferences. Jason enjoys coaching and mentoring both seasoned and beginner real estate investors. He continues to grow his real estate business but enjoys spending his free time working out, traveling, relaxing with family and friends, attending sporting events and concerts.

    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

    Civic Financial: bit.ly/CivicFinancial

    Bay Mountain Capital, lending in the southeastern region

    FlipStarter Online! www.flipstarteronline.com

    The online course "Show Me the Money" bit.ly/dealfundingcourse 56firedome

    Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.

    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:
    • Based on internet searches, it appears that people are looking to leave the cities for the suburbs in light of the pandemic. https://www.cnbc.com/2020/06/18/coronavirus-update-people-flee-cities-to-live-in-suburbs.html
    • Here's a new trend: The Back Yard Tiny House or Studio Shed https://www.cnbc.com/video/2020/06/18/backyard-office-spaces-gaining-popularity-after-coronavirus-pandemic.html
    • Five things to watch in housing https://www.forbes.com/sites/dimawilliams/2020/05/15/five-indicators-to-watch-in-the-housing-market-recovery-from-the-coronavirus/#2a32b7e35f06
    Questions:

    Send your questions to [email protected]

    • Greg, Knoxville, TN "New listener here. Please tell me more about the Flipping America REIA."
    Motivational Thoughts for the day "If we cannot end now our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal. ― John Kennedy

    [Commencement Address at American University, June 10 1963]

    1 hr
  • Flipping America 381, Jason Pero and the Cash Flow Juggernaut

    It’s OK to start small. But if you start well, and build disciplines around expenses, cash flow and reinvestment of profits, your business will grow and grow until it becomes a juggernaut, which is an unstoppable force, not a bad guy in Marvel comics. 

    Jason Pero was born and raised in Erie, PA and attended college at nearby Westminster. After college Jason began a sales career in pharmaceutical and medical device sales. He started his real estate investing career in 2001 when he and his wife purchased their first duplex. He built a portfolio of real estate rental properties while working a career as a medical sales representative. He was able to leave his job in 2012 as the portfolio grew to nearly 300 units. Currently Jason owns around 900 rental apartments. He is the President of his local landlord Apartment Association and a frequent guest on podcasts and occasional speaker at real estate investing conferences. Jason enjoys coaching and mentoring both seasoned and beginner real estate investors. He continues to grow his real estate business but enjoys spending his free time working out, traveling, relaxing with family and friends, attending sporting events and concerts.

    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

    Civic Financial: bit.ly/CivicFinancial

    Bay Mountain Capital, lending in the southeastern region

    FlipStarter Online! www.flipstarteronline.com

    The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome

    Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time. 

    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:
    • Based on internet searches, it appears that people are looking to leave the cities for the suburbs in light of the pandemic. https://www.cnbc.com/2020/06/18/coronavirus-update-people-flee-cities-to-live-in-suburbs.html
    • Here’s a new trend: The Back Yard Tiny House or Studio Shed https://www.cnbc.com/video/2020/06/18/backyard-office-spaces-gaining-popularity-after-coronavirus-pandemic.html
    • Five things to watch in housing https://www.forbes.com/sites/dimawilliams/2020/05/15/five-indicators-to-watch-in-the-housing-market-recovery-from-the-coronavirus/#2a32b7e35f06
    Questions:

    Send your questions to [email protected]

    • Greg, Knoxville, TN “New listener here. Please tell me more about the Flipping America REIA.”
    Motivational Thoughts for the day “If we cannot end now our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal. ― John Kennedy

    [Commencement Address at American University, June 10 1963]

     

     

    1 hr
  • Flipping America 380, How to Build Your Personal Network Part 2

    Today we conclude the presentation from last time about how to build your personal network. Plus I have a bunch of questions from you and I'm going to give you some answers.

    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

    Civic Financial: bit.ly/CivicFinancial

    Bay Mountain Capital, lending in the southeastern region

    FlipStarter Online! www.flipstarteronline.com

    The online course "Show Me the Money" bit.ly/dealfundingcourse 56firedome

    Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time.

    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:

    Quicken Loans has filed for an IPO. Could be the the biggest of 2020.

    • Mortgage rates are at 2.9% - the lowest in history!
    • Credit availability is still tight - toughest in 6 years - across all loan types.
    • Mortgage applications are up for the 8th straight week.
    • Part one: why we won't see a spike in foreclosures https://www.housingwire.com/articles/pulse-does-the-mortgage-industry-view-foreclosure-as-a-last-resort/
    • Nice explanation of how lots of foreclosures damage value. https://www.housingwire.com/articles/pulse-how-should-we-think-about-foreclosures/
    • The answer is "yes" https://www.housingwire.com/articles/pulse-will-servicers-be-able-to-flatten-the-curve-in-foreclosures/?utm_medium=email&_hsmi=89019253&_hsenc=p2ANqtz-88RdfAMYsnRkdgeO868tu2jqH2ccT1q_CtAjF4T0RA7j1aRZpn8dxfpx2LKSq1vOSt3gaEKC9wujKQZF7wY36e6NesRyBSorJyACtGTROhSShwVAU&utm_content=89019253&utm_source=hs_email
    • Paul Centopani from National Mortgage News is predicting home prices will recover fastest in cities that have a lot of IT and finance jobs.
    • Housing Starts rose 4.3% in May, which sounds good until you hear that a 22% increase had been expected.
    • CEO of Opimus says the US economy is bouncing back nicely.
    • Housing is going to lead the economic recovery. https://www.cnbc.com/2020/06/16/coronavirus-update-homebuilder-sentiment-posts-biggest-monthly-surge-ever.html
    • The average lease of a Manhattan apartment plunged 62% year over year in May. High end apartment lease prices are dropping all over the country.
    Questions:

    Send your questions to [email protected]

    • Jay, Atlanta, GA "Where can I get a list of foreclosures?"
    • Sandy, Mentone, AL "How would you approach real estate investing if you live in a small town?"
    • Daniel, Jacksonville, FL "I hear your prophecy about foreclosures and home prices and I think you're right. But I wonder what this means for me as an investor. Should I be doing something about this info?"
    • Carolyn, Boulder, CO "Do you have suggestions for actually seeing a home when the seller is concerned about the pandemic?"
    • Marvin, Washington, DC "Should I start with wholesaling and move up to fix and flips?"
    • Aaron, Harrisburg, PA "Thanks for this information and for answering everyone's questions. I'm wondering where you think the best opportunities are for new investors?"
    • John, Pittsburgh, PA, "We have a house that is just over 100 years old. The foundation is good. We can make a little money if we remodel what is here and sell. If we add 600 more square feet, out back of the house, we can create a cool floor plan and sell for a lot more. Theoretically we will make a lot more, but it will take a lot longer to do. I think there are unforeseen problems with that plan, but I don't know what they could be. Can you help me here?
    • Willa Fae, New Port Richey, FL "I have 12 rental houses. Seven of them are paid off. The other five are more than half paid off. I watched a webinar the other day and the gentleman was teaching about returns on rental properties. He said something about return on equity I didn't fully understand, but I get the idea I should be re-financing all my properties to get the best return. I don't know what he meant, but I know I'd be putting less money in my pocket every month and I need this to live on. I'm 74 years old and my husband died ten years ago."

    Motivational Thoughts for the day

    "If we cannot end now our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal. ― John Kennedy

    [Commencement Address at American University, June 10 1963]

    1 hr

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.