Flipping America

Flipping America

By Roger BlankenshipBusinessEntrepreneurshipInvesting
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Flipping America episodes

  • Flipping America 359, "Is the RE Market Going to Crash?"

    No one really knows the future, but with real estate, there are a number of signposts that can predict where we are heading. Today’s show is a call from last week as part of the Flipping America REIA group. On the call we talked about the real estate leading indicators, what they tell us, and how to get the data. Plus I provide a link for everyone listening to grab your own copy of this report - I’m not even asking for your email address - it’s a simple link on my website. You’re welcome.  If you are paying attention, real estate moves just slowly enough you can adjust course and make wise decisions. 

    What are the leading indicators for the real estate market?

    Where do we get the data?

    How should we interpret the data?

    What makes the real estate market trends different from stock market trends?

    What does it mean to be a "nimble" real estate investor and how do you accomplish that?

    We will answer these questions and more on the call.

    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: Market Indicators. Is the Market Going to Crash? 
    • In a word. No. It’s going to adjust. There will be opportunities, but it’s not going to crash. 

    Real Estate Leading Indicators

    Indicators

    1. Pricing Trends. Impact: Informs our Offer strategy
      1. Where is the market heading in the past quarter?
      2. What is the year over year difference? Which direction is it heading?
      3. Housing Data Report from realtor.com
      4. Realtor.com Data 
      1. How long does it take to sell a house?
        1. https://www.zillow.com/sellers-guide/average-time-to-sell-a-house/
        2. https://www.thebalance.com/how-long-does-it-take-to-sell-a-house-1799050
        3. https://smartasset.com/mortgage/how-long-does-it-take-to-sell-a-house
        4. https://www.inman.com/2017/11/10/5-key-factors-average-time-sell-house-every-homeowner-needs-know/
    2. Average Days on Market. Saturation rate. Impact: Informs our Offer price due to hold time.
    3. How many months (or weeks) supply of inventory is out there? 3 months is balanced. At the rate properties are selling, how long would it take us to sell out the current inventory?
      1. Housing  Starts US Gov
      2. Housing Starts from Trading Economics
    4. Housing Starts
      1. Realty Trac foreclosure data
      2. AttomData foreclosure data
      3. CoreLogic foreclosure data
      4. Statista
    5. Mortgage Default and foreclosure rates: Google: “Foreclosure Data” and “Default Rate”
      1. Bankrate
      2. NerdWallet
    6. Interest Rates: Impact - Rates determine relative affordability. Can impact sales.
      1. National Economic Conditions
      2. Unemployment rate
      3. Weekly Jobless Claim Data
      4. UC San Diego Data Center
    7. Overall Economic Conditions: Strong Economy, low unemployment = buyers. Weak or uncertain economy will slow market down. 
      1. Turner Cost Index
      2. NAHB Economics
    8. Construction Costs: Affect our rehab and holding costs, impact our initial offer.

    Resources:

    Housing Data Report from realtor.com

    Realtor.com Data 

    Redfin Data Center

    National Association of Realtors Research Data

    NAR Research and Statistics

    Zillow Data

    Market Data for Realtors (Subscription required)

    Housing Starts

    Questions:

    Send your questions to [email protected]

    • Janice, Canada, “1. how important is a well-designed space when buying and selling? The final price range correlates with the relative importance of design. Generally the higher the price the more important design is.
    • 2. Who generally chooses the fixtures and finishes? I tend to let my realtor in that market tell me what the house needs in terms of color / finishes / etc. On houses in the luxury market I sometimes hire a designer to work with the realtor in making the right choices. In all cases I'm the decision-maker (or my project manager) because we have to balance the design considerations with the budget.
    Motivational Thoughts for the day “Experience is simply the name we give our mistakes.” -Oscar Wilde
    1 hr 1 min
  • Flipping America 358, Investing in Uncertain Times

    No one really knows what is about to happen - to the economy as a whole and especially in real estate. Uncertainty can lead to anxiety which does not necessarily contribute to good investing decisions. Joe Thompson has been around real estate in various forms for many years and has seen markets come and go. He will be joining me to discuss the current situation and possibilities for real estate investors looking forward.

    We will talk about How this economy is different from the economy shifts we've seen before?

    What signs should investors be watching for?

    If single family sales tank, where is the opportunity for real estate investors?

    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.
    Guest: Joe Thompson

    How is this economy different from the economy shifts you've seen before?

    No way to see it coming. 87 crash - could see it coming. 2008 crash. Some saw it coming

    How is it similar?

    Domino effect. Retail - then landlord,

    Liquidity crisis

    1. self-storage - good investment
    1. Mobile home parks

    What signs should investors be watching for?

    Don't spend anything you don't actually have to. I might need this money later.

    Price points of the people who still have jobs. What income levels and where are the markets?

    Geographic location and/or asset type. Start in single family - mistakes are less costly.

    Talk about the connection between the overall economy and the housing market.

    If single family sales tank, where is the opportunity for real estate investors?

    If the rental market implodes, same question.

    What will get a "buy recommendation" in 30 days? 90 days?

    Motivational Thoughts for the day "The mistake is thinking that there can be an antidote to the uncertainty." ― David Levithan
    1 hr 1 min
  • Flipping America 358, Investing in Uncertain Times

    No one really knows what is about to happen - to the economy as a whole and especially in real estate. Uncertainty can lead to anxiety which does not necessarily contribute to good investing decisions. Joe Thompson has been around real estate in various forms for many years and has seen markets come and go. He will be joining me to discuss the current situation and possibilities for real estate investors looking forward.

    We will talk about How this economy is different from the economy shifts we’ve seen before?

    What signs should investors be watching for?

    If single family sales tank, where is the opportunity for real estate investors?

    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.
    Guest: Joe Thompson

    How is this economy different from the economy shifts you’ve seen before?

    No way to see it coming. 87 crash - could see it coming. 2008 crash. Some saw it coming

    How is it similar?

    Domino effect. Retail - then landlord, 

    Liquidity crisis

    1. self-storage - good investment
    1. Mobile home parks 

    What signs should investors be watching for?

    Don’t spend anything you don’t actually have to. I might need this money later. 

    Price points of the people who still have jobs. What income levels and where are the markets? 

    Geographic location and/or asset type. Start in single family - mistakes are less costly. 

    Talk about the connection between the overall economy and the housing market.

    If single family sales tank, where is the opportunity for real estate investors?

    If the rental market implodes, same question. 

    What will get a “buy recommendation” in 30 days? 90 days?

    Motivational Thoughts for the day “The mistake is thinking that there can be an antidote to the uncertainty.” ― David Levithan
    1 hr 1 min
  • Flipping America 357 Passive Investing with High Returns

    Today we are talking about a form of passive real estate income that can create cash-flow, tax advantages, and build wealth. I'm talking about turn-key rentals and today we have two of the best - Jack Gibson and Jeff Schecter. A Turn-key rental is a property you buy from someone that has already been rehabbed and is ready for the rental market. It may already be rented! A good turn-key supplier can recommend a property manager or two. The best don't do the property management. They have enough to do with locating and rehabbing the properties for you and this helps you avoid possible conflicts of interest between construction, maintenance, and management. Jack and Jeff have been in this business for years. They approach their craft with integrity, understanding of the market and awareness of your needs. If you are on the hunt for cash-flowing rentals - if you are pulling money out of the equity markets and looking for a safe place to put it, you are going to want to connect with them.

    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.
    Guest: Jeff Schecter and Jack Gibson
    • Jeff Schecter, Jack Gibson
    • The High Return Real Estate Show
    • A business that can help people restart their lives (not a life coach).
    • Help people develop skill sets to not have to look for a job.
    • The Gig Economy.

    Shecky - the Gig Economy will explode.

    • Projects that accelerate sustainability and fixing the earth.
    • Multiple Streams of Income.
    • Highreturnrealestate.com
    Motivational Thoughts for the day "Being challenged in life is inevitable, being defeated is optional." – Roger Crawford.
    1 hr 1 min
  • Flipping America 357 Passive Investing with High Returns

    Today we are talking about a form of passive real estate income that can create cash-flow, tax advantages, and build wealth. I’m talking about turn-key rentals and today we have two of the best - Jack Gibson and Jeff Schecter. A Turn-key rental is a property you buy from someone that has already been rehabbed and is ready for the rental market. It may already be rented! A good turn-key supplier can recommend a property manager or two. The best don’t do the property management. They have enough to do with locating and rehabbing the properties for you and this helps you avoid possible conflicts of interest between construction, maintenance, and management. Jack and Jeff have been in this business for years. They approach their craft with integrity, understanding of the market and awareness of your needs. If you are on the hunt for cash-flowing rentals - if you are pulling money out of the equity markets and looking for a safe place to put it, you are going to want to connect with them.  

    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.
    Guest: Jeff Schecter and Jack Gibson
    • Jeff Schecter, Jack Gibson
    • The High Return Real Estate Show
    • A business that can help people restart their lives (not a life coach). 
    • Help people develop skill sets to not have to look for a job. 
    • The Gig Economy. 

    Shecky  - the Gig Economy will explode. 

    • Projects that accelerate sustainability and fixing the earth. 
    • Multiple Streams of Income. 
    • Highreturnrealestate.com
    Motivational Thoughts for the day “Being challenged in life is inevitable, being defeated is optional.” – Roger Crawford.
    1 hr 1 min
  • Flipping America 356 Multiple Income Streams

    Now more than ever we all need income in addition to our regular J.O.B. This has always been true for those who aspire to wealth. But with the uncertainties and anxieties around our economy in light of the Covid-19 pandemic, it's more important than ever to maximize income and returns from every source. On this call we will look at the various types of income and every participant will be encouraged to start making a plan to develop at least one more source of income. This is NOT by taking a second job. Earned income is only one form of income (out of 7 or 8). You might be surprised at how many things you can trade for money!

    Mike Ventry will join us and discuss how you can use a self-directed retirement account to invest in income producing assets like real estate. Mike is the Director of Business Development at American IRA . He has over 15 years of experience as a Top Producer in the mortgage banking industry, in the Atlanta area. During his 40+ years in the Atlanta area, he has started, built and sold multiple companies to large national corporations. He has an exceptional background in providing superior customer service and communication to his clients. Mike holds an MLO license with the Federal and State Departments of Banking and Finance. In his current role, he assists new clients and investors by providing them with the education and knowledge to be successful in self-directing their retirement accounts. He regularly teaches a 3 Hour CE class on self-directing for realtors. Mike also is a frequent attendee and guest speaker at real estate (and non-real estate) associations and networking groups in the Atlanta and the South East. Mike has been a contributor as an expert resource for Think Realty Magazine along with many other financial and real estate radio shows and podcasts.The call is sure to contain many actionable steps and ideas to help you plan now and act when the time is right.

    It's a scary time for many people. Many have lost their jobs or have been furloughed. No one knows when or if we will ever get back to normal. Our plan MUST include surviving. But if we can make adjustments to our lifestyles as needed and continue the discipline of saving and investing we can actually move forward. Perhaps you can supplement income by wholesaling properties. You can make money as a Flipping America Affiliate and there may be other affiliate opportunities available to you. Here several ideas on this call.

    We are going to take the "flea market flip" approach to this. (Have you seen that show? It's been awhile.) We are going to take stock of whatever is at hand (time, money, skills, knowledge, etc.) and we are going to turn that into money. Then we will use that money to create more money. Let's flesh out that plan to add at least one more income stream before the end of May. You can do this! I'm rooting for you. I'm rooting for us!

    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.
    Guest: Mike Ventry Motivational Thoughts for the day "Perhaps the secret to making a billion dollars in real estate is that there is no secret." ― David Lichtenstein
    1 hr 1 min
  • Flipping America 356 Multiple Income Streams

    Now more than ever we all need income in addition to our regular J.O.B. This has always been true for those who aspire to wealth. But with the uncertainties and anxieties around our economy in light of the Covid-19 pandemic, it’s more important than ever to maximize income and returns from every source. On this call we will look at the various types of income and every participant will be encouraged to start making a plan to develop at least one more source of income. This is NOT by taking a second job. Earned income is only one form of income (out of 7 or 8). You might be surprised at how many things you can trade for money!

    Mike Ventry will join us and discuss how you can use a self-directed retirement account to invest in income producing assets like real estate. Mike is the Director of Business Development at American IRA . He has over 15 years of experience as a Top Producer in the mortgage banking industry, in the Atlanta area. During his 40+ years in the Atlanta area, he has started, built and sold multiple companies to large national corporations. He has an exceptional background in providing superior customer service and communication to his clients. Mike holds an MLO license with the Federal and State Departments of Banking and Finance. In his current role, he assists new clients and investors by providing them with the education and knowledge to be successful in self-directing their retirement accounts. He regularly teaches a 3 Hour CE class on self-directing for realtors. Mike also is a frequent attendee and guest speaker at real estate (and non-real estate) associations and networking groups in the Atlanta and the South East. Mike has been a contributor as an expert resource for Think Realty Magazine along with many other financial and real estate radio shows and podcasts.The call is sure to contain many actionable steps and ideas to help you plan now and act when the time is right.

    It’s a scary time for many people. Many have lost their jobs or have been furloughed. No one knows when or if we will ever get back to normal. Our plan MUST include surviving. But if we can make adjustments to our lifestyles as needed and continue the discipline of saving and investing we can actually move forward. Perhaps you can supplement income by wholesaling properties. You can make money as a Flipping America Affiliate and there may be other affiliate opportunities available to you. Here several ideas on this call.

    We are going to take the “flea market flip” approach to this. (Have you seen that show? It’s been awhile.) We are going to take stock of whatever is at hand (time, money, skills, knowledge, etc.) and we are going to turn that into money. Then we will use that money to create more money. Let’s flesh out that plan to add at least one more income stream before the end of May. You can do this! I'm rooting for you. I'm rooting for us!

    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.
    Guest: Mike Ventry Motivational Thoughts for the day “Perhaps the secret to making a billion dollars in real estate is that there is no secret.” ― David Lichtenstein
    1 hr 1 min
  • Flipping America 355 Vacation Homes and a Fantastic Tax Strategy

    We have a double feature for you today! Avery Carl wants to be your money-making vacation home realtor. I know this may not seem like the best time to be talking about this but the pandemic and the social distancing will not last forever. Eventually people are going to get back to work and get back to vacationing. And there will be some bargains in the vacation home market. Avery and her team will not only help you find your ideal vacation home - one you can use and rent out when you are not there - they will also help you connect with local resources to perform all of the management and maintenance of the unit and help you list it on AirBnB and VRBO. She provides this service at no additional charge to you. And that's not all - she's going to run the numbers for you and give you a bit of a proforma on the property as well. That's coming up in a couple of minutes. Theshorttermshop.com.

    Later on I'm going to speak with Brett Swarts about the Deferred Sales Trust. This is a little known but powerful tool you can put to work right away as part of your tax plan. This has several advantages over the standard 1031 exchange. It's a bit more technical, but could save you tens of thousands of dollars on your next tax bill. Brett is the President of Capital Gains Tax Solutions, LLC, located in Sacramento, CA. (www.capitalgainstaxsolutions.com) Together with his team and in partnership with the Estate Planning Team, Brett provides trustee services which helps real estate and business owners gain tax deferral, freedom, liquidity and diversification with their funds so they can create and preserve more wealth.

    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.
    Guest: Avery Carl
    • www.theshorttermshop.com
    • Vacation home loan. - any Fannie or Freddie lender.
    Guest: Brett Swarts
    • Deferred Sales Trust, not to be confused with Delaware Statutory Trust.
    • capitalgainstaxsolutions.com
    Your Questions: Send emails to [email protected] Motivational Thoughts for the day "Perhaps the secret to making a billion dollars in real estate is that there is no secret." ― David Lichtenstein
    1 hr 1 min
  • Flipping America 355 Vacation Homes and a Fantastic Tax Strategy

    We have a double feature for you today! Avery Carl wants to be your money-making vacation home realtor. I know this may not seem like the best time to be talking about this but the pandemic and the social distancing will not last forever. Eventually people are going to get back to work and get back to vacationing. And there will be some bargains in the vacation home market. Avery and her team will not only help you find your ideal vacation home - one you can use and rent out when you are not there - they will also help you connect with local resources to perform all of the management and maintenance of the unit and help you list it on AirBnB and VRBO. She provides this service at no additional charge to you. And that’s not all - she’s going to run the numbers for you and give you a bit of a proforma on the property as well. That’s coming up in a couple of minutes. Theshorttermshop.com.

    Later on I’m going to speak with Brett Swarts about the Deferred Sales Trust. This is a little known but powerful tool you can put to work right away as part of your tax plan. This has several advantages over the standard 1031 exchange. It’s a bit more technical, but could save you tens of thousands of dollars on your next tax bill. Brett is the President of Capital Gains Tax Solutions, LLC, located in Sacramento, CA. (www.capitalgainstaxsolutions.com) Together with his team and in partnership with the Estate Planning Team, Brett provides trustee services which helps real estate and business owners gain tax deferral, freedom, liquidity and diversification with their funds so they can create and preserve more wealth.

    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.
    Guest: Avery Carl
    • www.theshorttermshop.com
    • Vacation home loan. - any Fannie or Freddie lender.  
    Guest: Brett Swarts
    • Deferred Sales Trust, not to be confused with Delaware Statutory Trust. 
    • capitalgainstaxsolutions.com
    Your Questions: Send emails to [email protected] Motivational Thoughts for the day “Perhaps the secret to making a billion dollars in real estate is that there is no secret.” ― David Lichtenstein
    1 hr 1 min
  • Flipping America 351, Rework Your 2020 Goals

    Life doesn't usually go as planned. We don't put "big mistakes" in our three year plans. And NO ONE had "global pandemic" in their business model for 2020. But this doesn't mean we forget we have a business to run and mouths to feed. Tough things happen and the tough power through them. The economy has been battered. Most of us are staying home. Business is definitely NOT normal. This is a good time to reflect on our goals for 2020 - how they have been affected, how our priorities might have changed, and what we need to try to accomplish for the remainder of this year. On this call we are going to talk about what we need to be thinking about and planning to get us there.

    Lewis Carroll said, "If you don't know where you are going, any road will get you there." In his inimitable style, Yogi Berra said "If you don't know where you are going, you might wind up someplace else." Let's start laying the groundwork to not end up "someplace else."

    Let's rethink our priorities, reset our goals, and renew our commitments to get there. I'll be sharing with you some of the goal setting secrets behind my book, "GMS Planner". I will show you pages from the Quarterly Planning Retreat, and then let everyone on the call download them and do their own "retreat". You'll learn:

    -to celebrate everything you can - including the lessons learned through difficulties and challenging times.

    -the value of adjusting course. Life throw's curve balls, we adjust our swing and still get base hits.

    -how to break down our goals into manageable milestones.

    -how to translate those milestones into action steps

    I'm also going to give you the weekly planning page I use to manage all of my business and income streams. No April Fools joke here - it's yours for just listening in.

    FlippingAmerica.net and click on the GMS Offer Button.

    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/CivicFunding

    Real Estate Investing QuickStart

    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 ppossibilities.
    • "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.
    Your Questions: Send emails to [email protected] Motivational Thoughts for the day "All the adversity I've had in my life, all my troubles and obstacles, have strengthened me….You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you. —Walt Disney
    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.