Flipping America

Today we continue the Market Report with an in-depth look at the housing market. What happened 2019? What are the stories that will shape the housing market in 2020? What changes are taking place in the home reselling industry. The news segment today will bring you up to date with the latest in the housing market and in the second half of the show I’m going to share with you my top Ten real estate stories of 2019. 

• www.RogerBlankenship.com. Leave a voicemail right from the home page!
• Call our National Comment Line: 404-369-1018, 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. 

Follow us on Social Media:

• Facebook.com/flippingamericamedia
• Twitter and Instagram @FlippingAmerica

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

FlipCalcs: One property, Many possibilities. 

Flipping America REIA, a National REIA with a Local Focus

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. 
• Coming in 2020: The Flipping America REIA. 
• • 45 Weeks, 2 meetings per week. 
  • 15-20 minutes of focused content unavailable to the general public.
  • 15-20 minutes of real estate and small business Q&A.
  • Wednesdays 12-2, Thursdays 7-9. 
  • Local groups all over America joining the videocast at 1 and/or 8.  
• We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property. 

Real Estate Wins in Government Spending Bills

https://magazine.realtor/daily-news/2019/12/17/real-estate-wins-in-government-spending-bills

Home Flipping Is Losing Fans https://magazine.realtor/daily-news/2019/12/17/home-flipping-is-losing-fans

Home Flipping Activity in U.S. Drops 13 Percent in Q3

https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/attom-data-solutions-2019-us-home-flipping-report-real-estate-news-home-flipping-data-bank-foreclosure-sales-maksim-stavinsky-roc-capital-11718.php

 Housing is in the middle of an inventory crisis. Here’s why

https://www.housingwire.com/articles/housing-is-in-the-middle-of-an-inventory-crisis-heres-why/

House Federal Funding Legislation Brings Certainty, Stability to Housing Market https://www.nar.realtor/newsroom/house-federal-funding-legislation-brings-certainty-stability-to-housing-market

America's housing market is coming back to life just in time to boost the 2020 economy

https://www.cnn.com/2019/12/17/economy/housing-market-economy-2020/index.html

US housing starts rise more than expected, with permits at a 12-1/2-year high

https://www.cnbc.com/2019/12/17/us-housing-starts-building-permits-november-2019.html

Homebuilder confidence jumps to highest level in 20 years

https://www.cnbc.com/2019/12/16/homebuilder-confidence-jumps-to-highest-level-in-20-years.html

The Big Housing Stories in 2019

1. SALT deduction above 10k affects sales of expensive properties
2. Luxury market already losing speed - getting back to normal.
3. Sub-luxury still hot. Lack of inventory, strong resales. 
4. Chronic shortage of new housing starts, especially in starter home category.
5. iBuyers make a splash.
6. Class-Action Suit against the NAR. (the story that wasn’t. Almost no impact in brokers’ daily lives)
   1. Government interference to solve a government-caused problem. Why are rents so high? A central driver of higher home prices in some communities is the heavy regulation of housing markets by localities. This includes “overly restrictive zoning and growth management controls; rent controls; cumbersome building and rehabilitation codes; excessive energy and water efficiency mandates; unreasonable maximum-density allowances; historic preservation requirements; overly burdensome wetland or environmental regulations; outdated manufactured-housing regulations and restrictions; undue parking requirements; cumbersome and time-consuming permitting and review procedures; tax policies that discourage investment or reinvestment; overly complex labor requirements; and inordinate impact or developer fees.”
   2. Based on an assumption that investors will act in a manner detrimental to their own self-interest. As long as there are greener pastures and easier places to do business investors will go there. This creates shortages in the places they leave behind.
   3. Creates advantages for those presently in place.
   4. Creates shortages and disadvantage for everyone else.
   5. LA has had rent controls (1978) - and 60,000 homeless. 
   6. Washington DC has rent controls (1985) and the largest per capita homeless rate on the east coast. 
7. Rent controls. Oregon and California. U.S. next?
8. House Flipping at an all time high in 2018 (10% of all homes sold). Back down to around 5% in 2019. House Flipping profits are at a 10 year low.
   1. Ad sales
   2. Buyer program
   3. Agent referrals
   4. Mortgage company
   5. Other services (title company, moving services)..
9. Zillow is about to become the Google of real estate. If they ever turn an actual profit, watch out!
   1. Many options
   2. Affordable - thanks to competition
10. Smart home technology comes of age.

Call 404-369-1018, press 1 and leave your message! 

• "Love and success, always in that order. It's that simple AND that difficult." -Mr. Rogers

We are continuing today with our shows to wrap up the year and look to the new year. Today I have a couple more lists for you - the top cities to invest in office space and the top 30 high-tech employment cities - also good places to invest in office space.

The primary focus for today's show is the Market. Today we are looking at the overall economy. We will consider 2019 and peek ahead to 2020, but no predictions until the prediction show, coming up in a week. Next time we are going to zero in on the housing market and look back and peek forward like we are doing with the economy today.

To wrap up the year we are going to do the Crystal Ball show, where I make some predictions about 2020, and we will do the looking back, looking ahead show featuring some show guests from this past year.

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

FlipCalcs: One property, Many possibilities.

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.
• Coming in 2020: The Flipping America REIA.
• • 45 Weeks, 2 meetings per week.
  • 15-20 minutes of focused content unavailable to the general public.
  • 15-20 minutes of real estate and small business Q&A.
  • Wednesdays 12-2, Thursdays 7-9.
  • Local groups all over America joining the videocast at 1 and/or 8.
• We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property.

https://www.ccn.com/full-blown-us-housing-market-crisis-on-the-way/

https://www.housingwire.com/articles/heres-what-will-happen-in-multifamily-real-estate-in-2020/

FTC slaps duo with $6M fine for defrauding Section 8 renters

https://www.inman.com/2019/12/17/ftc-slaps-duo-with-6-million-fine-for-defrauding-section-8-renters/

The Nine Most Resilient U.S. Office Markets

https://www.nreionline.com/office/nine-most-resilient-us-office-markets

https://www.nreionline.com/office/overview-cbres-2019-tech-30-markets/gallery?curr=23&slide=1

There Is Still Opportunity In Opportunity Zones https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/17/there-is-still-opportunity-in-opportunity-zones/#2ed2c0767acd

Looking back at 2019

• https://www.forbes.com/sites/billconerly/2019/08/15/how-bad-is-the-us-economy-in-2019/#2f49b7dd2e10
• https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html
• https://www.thebalance.com/us-economic-outlook-3305669
• https://www.whitehouse.gov/articles/economy-reaches-longest-expansion-in-u-s-history-in-third-quarter-of-2019-beats-market-expectations/
• https://ig.ft.com/sites/numbers/economies/us/
• https://www.bbc.com/news/world-45827430
• https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html

Looking ahead to 2020

• https://www.bloomberg.com/news/features/2019-10-24/the-u-s-will-likely-avoid-recession-in-2020-here-s-why
• https://www.washingtonpost.com/business/2019/12/15/us-economy-shakes-free-recession-fears-striking-turnaround-since-august/
• https://www.thebalance.com/top-economic-predictions-for-the-next-10-years-3305699
• https://markets.businessinsider.com/news/stocks/goldman-sachs-us-economy-2020-predictions-growth-jobs-recession-risk-2019-11-1028724040
• https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html
• https://fortune.com/2019/11/25/recession-coming-in-2020-us-economy-fortune-poll/

Summary:

GDP numbers are good

American economy dwarfs the world economy.

Unemployment at 50-year low.

Manufacturing is not strong.

Tech and information is booming.

Housing is stable (more next show).

Interest rates will remain low.

Inflation is in the goldilocks range.

Call 404-369-1018, press 1 and leave your message!

• "It's not the honors and the prizes and the fancy outsides of life which ultimately nourish our souls. It's the knowing that we can be trusted, that we never have to fear the truth, that the bedrock of our very being is good stuff." - Mr. Rogers

We are continuing today with our shows to wrap up the year and look to the new year. Today I have a couple more lists for you - the top cities to invest in office space and the top 30 high-tech employment cities - also good places to invest in office space. 

The primary focus for today’s show is the Market. Today we are looking at the overall economy. We will consider 2019 and peek ahead to 2020, but no predictions until the prediction show, coming up in a week. Next time we are going to zero in on the housing market and look back and peek forward like we are doing with the economy today. 

To wrap up the year we are going to do the Crystal Ball show, where I make some predictions about 2020, and we will do the looking back, looking ahead show featuring some show guests from this past year. 

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. 

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

FlipCalcs: One property, Many possibilities. 

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. 
• Coming in 2020: The Flipping America REIA. 
• • 45 Weeks, 2 meetings per week. 
  • 15-20 minutes of focused content unavailable to the general public.
  • 15-20 minutes of real estate and small business Q&A.
  • Wednesdays 12-2, Thursdays 7-9. 
  • Local groups all over America joining the videocast at 1 and/or 8.  
• We have three apps in the app store: Flipping America is the app where you can listen to the show. The Flipping America Network is where you can buy and sell investment properties. And Property Grade allows you to evaluate properties using the proprietary Flipping America Property Grade algorithm. Answer 10 questions about the deal and immediately learn what you can expect to make the ROI, the ROC and see a letter grade for the property. 

https://www.ccn.com/full-blown-us-housing-market-crisis-on-the-way/

https://www.housingwire.com/articles/heres-what-will-happen-in-multifamily-real-estate-in-2020/

FTC slaps duo with $6M fine for defrauding Section 8 renters

https://www.inman.com/2019/12/17/ftc-slaps-duo-with-6-million-fine-for-defrauding-section-8-renters/

The Nine Most Resilient U.S. Office Markets

https://www.nreionline.com/office/nine-most-resilient-us-office-markets

https://www.nreionline.com/office/overview-cbres-2019-tech-30-markets/gallery?curr=23&slide=1

There Is Still Opportunity In Opportunity Zones https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/17/there-is-still-opportunity-in-opportunity-zones/#2ed2c0767acd

Looking back at 2019

• https://www.forbes.com/sites/billconerly/2019/08/15/how-bad-is-the-us-economy-in-2019/#2f49b7dd2e10
• https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html
• https://www.thebalance.com/us-economic-outlook-3305669
• https://www.whitehouse.gov/articles/economy-reaches-longest-expansion-in-u-s-history-in-third-quarter-of-2019-beats-market-expectations/
• https://ig.ft.com/sites/numbers/economies/us/
• https://www.bbc.com/news/world-45827430
• https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html

Looking ahead to 2020

• https://www.bloomberg.com/news/features/2019-10-24/the-u-s-will-likely-avoid-recession-in-2020-here-s-why
• https://www.washingtonpost.com/business/2019/12/15/us-economy-shakes-free-recession-fears-striking-turnaround-since-august/
• https://www.thebalance.com/top-economic-predictions-for-the-next-10-years-3305699
• https://markets.businessinsider.com/news/stocks/goldman-sachs-us-economy-2020-predictions-growth-jobs-recession-risk-2019-11-1028724040
• https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html
• https://fortune.com/2019/11/25/recession-coming-in-2020-us-economy-fortune-poll/

Summary:

GDP numbers are good

American economy dwarfs the world economy.

Unemployment at 50-year low.

Manufacturing is not strong.

Tech and information is booming.

Housing is stable (more next show).

Interest rates will remain low.

Inflation is in the goldilocks range.

Call 404-369-1018, press 1 and leave your message! 

• "It's not the honors and the prizes and the fancy outsides of life which ultimately nourish our souls. It's the knowing that we can be trusted, that we never have to fear the truth, that the bedrock of our very being is good stuff." - Mr. Rogers

One of the investment criteria used by nearly everyone across all asset classes is population growth. We want to know where people are leaving and TO where they are moving. If the communities receiving the influx of population has the job stability to accommodate the new people it's going to need more housing. This is where we can step in either with flips, new construction, rental houses or apartments. So today we are going to take a look at populations trends across the United States.

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

Flipping America REIA.

Membership is $100/year.

Free admission to all networking events (potential savings of $900)

15% off all live training events. (Typically priced around $500, for a savings of $75 each).

15% off all online courses (typically priced around $300, for a savings of $45 each).

We also have sponsor memberships which include all of the benefits of individual membership plus some great savings for sponsors.

• The Flipping America REIA meets every Wednesday from 12-2 and Thursdays from 7-9. Members get access to the weekly dose of content, plus a live Q&A with the Flipping America guy.
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.

Metropolitan Median Area Prices and Affordability

https://www.nar.realtor/research-and-statistics/housing-statistics/metropolitan-median-area-prices-and-affordability

Housing in 2020 will be most challenging for buyers: Economist

https://www.cnbc.com/video/2019/12/04/housing-in-2020-will-be-most-challenging-for-buyers-economist.html

Top 8 Destinations for Winter Vacation Home Buyers

https://magazine.realtor/daily-news/2019/12/09/top-8-destinations-for-winter-vacation-home-buyers

Shrinking Homes, More Millennial Buyers Top 2 U.S. Housing Market Predictions for 2020

https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php

10 Markets Expected to Explode in 5 Years

https://magazine.realtor/daily-news/2019/12/11/10-markets-expected-to-explode-in-5-years

• https://www.pewresearch.org/fact-tank/2019/04/11/6-demographic-trends-shaping-the-u-s-and-the-world-in-2019/
• https://www.pewsocialtrends.org/essay/an-early-look-at-the-2020-electorate/
• https://www.smithsonianmag.com/travel/the-changing-demographics-of-america-538284/
• https://www.brookings.edu/blog/the-avenue/2018/12/21/us-population-growth-hits-80-year-low-capping-off-a-year-of-demographic-stagnation/
• https://www.pewsocialtrends.org/topics/population-trends/
• https://www.census.gov/programs-surveys/popproj.html
• https://www.census.gov/newsroom/press-releases/2018/cb18-41-population-projections.html
• https://www.prb.org/aging-unitedstates-fact-sheet/
• https://www.insurancejournal.com/news/national/2018/03/14/483198.htm
• https://populationeducation.org/six-important-us-population-trends-will-shape-americas-future/
• https://www.kff.org/other/state-indicator/distribution-by-age/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D
• https://www.livingfacts.org/en/topics/trends?utm_campaign=adwords_sustained&utm_source=adwords&utm_medium=paid&utm_content=trends&utm_term=ad2&gclid=CjwKCAiA58fvBRAzEiwAQW-hzYU4pVK84N85BTLpLsmFSB9ziLXLm3eGp6wx3ARhoLya15oFwy-2FhoC9bwQAvD_BwE
• https://www.escapehere.com/destination/the-15-most-unfriendly-cities-in-america/?utm_medium=cpc&utm_source=google&utm_campaign=EH_GGL_US_DESK-SearchETA&utm_content=g_c_290431924708&cus_widget=kwd-299238419439&utm_term=people%20in%20the%20usa&cus_teaser=&utm_acid=6088014985&utm_caid=854205535&utm_agid=52249442811&gclid=CjwKCAiA58fvBRAzEiwAQW-hzch9mutjXZnH-InwF7Re0uNnR4loi0Ld5XvSUf4Ct9tVraQduuoY5BoCVqAQAvD_BwE
• https://www.pewresearch.org/fact-tank/2018/04/25/7-demographic-trends-shaping-the-u-s-and-the-world-in-2018/
• https://www.census.gov/dataviz/visualizations/024/
• https://www.ers.usda.gov/topics/rural-economy-population/population-migration/shifting-geography-of-population-change/

Call 404-369-1018, press 1 and leave your message!

• "I don't think anyone can grow unless he's loved exactly as he is now, appreciated for what he is rather than what he will be." -Mr. Rogers

One of the investment criteria used by nearly everyone across all asset classes is population growth. We want to know where people are leaving and TO where they are moving. If the communities receiving the influx of population has the job stability to accommodate the new people it’s going to need more housing. This is where we can step in either with flips, new construction, rental houses or apartments. So today we are going to take a look at populations trends across the United States. 

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. 

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

Flipping America REIA.

Membership is $100/year. 

    Free admission to all networking events (potential savings of $900)

    15% off all live training events. (Typically priced around $500, for a savings of $75 each).

    15% off all online courses (typically priced around $300, for a savings of $45 each). 

We also have sponsor memberships which include all of the benefits of individual membership plus some great savings for sponsors.  

• The Flipping America REIA meets every Wednesday from 12-2 and Thursdays from 7-9. Members get access to the weekly dose of content, plus a live Q&A with the Flipping America guy. 
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  

Metropolitan Median Area Prices and Affordability

https://www.nar.realtor/research-and-statistics/housing-statistics/metropolitan-median-area-prices-and-affordability

Housing in 2020 will be most challenging for buyers: Economist

https://www.cnbc.com/video/2019/12/04/housing-in-2020-will-be-most-challenging-for-buyers-economist.html

Top 8 Destinations for Winter Vacation Home Buyers

https://magazine.realtor/daily-news/2019/12/09/top-8-destinations-for-winter-vacation-home-buyers

Shrinking Homes, More Millennial Buyers Top 2 U.S. Housing Market Predictions for 2020

https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php

10 Markets Expected to Explode in 5 Years

https://magazine.realtor/daily-news/2019/12/11/10-markets-expected-to-explode-in-5-years

• https://www.pewresearch.org/fact-tank/2019/04/11/6-demographic-trends-shaping-the-u-s-and-the-world-in-2019/
• https://www.pewsocialtrends.org/essay/an-early-look-at-the-2020-electorate/
• https://www.smithsonianmag.com/travel/the-changing-demographics-of-america-538284/
• https://www.brookings.edu/blog/the-avenue/2018/12/21/us-population-growth-hits-80-year-low-capping-off-a-year-of-demographic-stagnation/
• https://www.pewsocialtrends.org/topics/population-trends/
• https://www.census.gov/programs-surveys/popproj.html
• https://www.census.gov/newsroom/press-releases/2018/cb18-41-population-projections.html
• https://www.prb.org/aging-unitedstates-fact-sheet/
• https://www.insurancejournal.com/news/national/2018/03/14/483198.htm
• https://populationeducation.org/six-important-us-population-trends-will-shape-americas-future/
• https://www.kff.org/other/state-indicator/distribution-by-age/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D
• https://www.livingfacts.org/en/topics/trends?utm_campaign=adwords_sustained&utm_source=adwords&utm_medium=paid&utm_content=trends&utm_term=ad2&gclid=CjwKCAiA58fvBRAzEiwAQW-hzYU4pVK84N85BTLpLsmFSB9ziLXLm3eGp6wx3ARhoLya15oFwy-2FhoC9bwQAvD_BwE
• https://www.escapehere.com/destination/the-15-most-unfriendly-cities-in-america/?utm_medium=cpc&utm_source=google&utm_campaign=EH_GGL_US_DESK-SearchETA&utm_content=g_c_290431924708&cus_widget=kwd-299238419439&utm_term=people%20in%20the%20usa&cus_teaser=&utm_acid=6088014985&utm_caid=854205535&utm_agid=52249442811&gclid=CjwKCAiA58fvBRAzEiwAQW-hzch9mutjXZnH-InwF7Re0uNnR4loi0Ld5XvSUf4Ct9tVraQduuoY5BoCVqAQAvD_BwE
• https://www.pewresearch.org/fact-tank/2018/04/25/7-demographic-trends-shaping-the-u-s-and-the-world-in-2018/
• https://www.census.gov/dataviz/visualizations/024/
• https://www.ers.usda.gov/topics/rural-economy-population/population-migration/shifting-geography-of-population-change/

Call 404-369-1018, press 1 and leave your message! 

• "I don't think anyone can grow unless he's loved exactly as he is now, appreciated for what he is rather than what he will be." -Mr. Rogers

We are continuing today with our year- end series on "Best Places." Today we discuss the best places to own a short-term rental. AirBnB is the dominant player in the short term rental provider, but we should also mention VRBO, Vacation Rentals By Owner, and a variety of other AirBnb Competitors. In fact I'm going to share a list of them with you and try to list the distinctive differences, if any. But make sure you pay attention to the news. AirBnB is getting hammered in some cities, who in spite of their rhetoric seem to have found another revenue stream for themselves.

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.

Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company's presumed IPO next year

https://www.cnbc.com/2019/12/03/in-boston-airbnb-tasked-with-removing-thousands-of-illegal-listings.html

FHA Loan Limits Are Increasing in 2020

https://magazine.realtor/daily-news/2019/12/06/fha-loan-limits-are-increasing-in-2020

6 Global Tech Startups to Watch in Real Estate

https://magazine.realtor/daily-news/2019/12/10/6-global-tech-startups-to-watch-in-real-estate

Cash-Out Refinancing Jumps; Homeowners Tap $36B In Equity

https://www.forbes.com/sites/alyyale/2019/12/10/cash-out-refinancing-jumps-homeowners-tap-36b-in-equity/#54480e9a646c

Know In Which Real Estate Market to Inves

https://money.usnews.com/investing/real-estate-investments/articles/know-in-which-real-estate-market-to-invest

https://www.tripping.com/industry/rental-companies/9-airbnb-competitors-that-you-should-know-about

https://www.curbed.com/2016/12/13/13933554/airbnb-vacation-rental-alternatives

Best Cities to Buy Airbnb Investment Property

https://www.ipx1031.com/best-cities-to-buy-airbnb-investment-property/

Where Investors Are Taking Advantage of Airbnb 2019

https://smartasset.com/financial-advisor/where-investors-are-taking-advantage-of-short-term-rental-market-2019

The Most Profitable Airbnb Cities In The U.S.

https://www.forbes.com/sites/amydobson/2019/06/24/the-most-profitable-airbnb-locations-in-the-us/#e0c755322714

Airbnb Bliss: Top 10 Cities Where Vacation Rentals Rake in the Most Cash

https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/

SHORT-TERM RENTAL STRATEGY: BEST CITIES FOR AIRBNB RENTAL INCOME

https://www.mashvisor.com/blog/best-cities-for-airbnb-rental-income-2019/

Call 404-369-1018, press 1 and leave your message!

• "How many times have you noticed that it's the little quiet moments in the midst of life that seem to give the rest extra-special meaning?" -Mr. Rogers

We are continuing today with our year-  end series on “Best Places.” Today we discuss the best places to own a short-term rental. AirBnB is the dominant player in the short term rental provider, but we should also mention VRBO, Vacation Rentals By Owner, and a variety of other AirBnb Competitors. In fact I’m going to share a list of them with you and try to list the distinctive differences, if any. But make sure you pay attention to the news. AirBnB is getting hammered in some cities, who in spite of their rhetoric seem to have found another revenue stream for themselves. 

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. 

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. 
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  

Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company’s presumed IPO next year

https://www.cnbc.com/2019/12/03/in-boston-airbnb-tasked-with-removing-thousands-of-illegal-listings.html

FHA Loan Limits Are Increasing in 2020

https://magazine.realtor/daily-news/2019/12/06/fha-loan-limits-are-increasing-in-2020

6 Global Tech Startups to Watch in Real Estate

https://magazine.realtor/daily-news/2019/12/10/6-global-tech-startups-to-watch-in-real-estate

Cash-Out Refinancing Jumps; Homeowners Tap $36B In Equity

https://www.forbes.com/sites/alyyale/2019/12/10/cash-out-refinancing-jumps-homeowners-tap-36b-in-equity/#54480e9a646c

Know In Which Real Estate Market to Inves

https://money.usnews.com/investing/real-estate-investments/articles/know-in-which-real-estate-market-to-invest

https://www.tripping.com/industry/rental-companies/9-airbnb-competitors-that-you-should-know-about

https://www.curbed.com/2016/12/13/13933554/airbnb-vacation-rental-alternatives

Best Cities to Buy Airbnb Investment Property

https://www.ipx1031.com/best-cities-to-buy-airbnb-investment-property/

Where Investors Are Taking Advantage of Airbnb 2019

https://smartasset.com/financial-advisor/where-investors-are-taking-advantage-of-short-term-rental-market-2019

The Most Profitable Airbnb Cities In The U.S.

https://www.forbes.com/sites/amydobson/2019/06/24/the-most-profitable-airbnb-locations-in-the-us/#e0c755322714

Airbnb Bliss: Top 10 Cities Where Vacation Rentals Rake in the Most Cash

https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/

SHORT-TERM RENTAL STRATEGY: BEST CITIES FOR AIRBNB RENTAL INCOME

https://www.mashvisor.com/blog/best-cities-for-airbnb-rental-income-2019/

Call 404-369-1018, press 1 and leave your message! 

• "How many times have you noticed that it's the little quiet moments in the midst of life that seem to give the rest extra-special meaning?" -Mr. Rogers

Today is the annual multi-family wrap up show for 2019. We are going to update you on the latest multi-family news, give you a few thoughts and tips about investing in multi-family and end up the show sharing with you the best places in the US to buy them, according to the statistics we have available to us.

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.

iBuyers are not ripping consumers off. Are they?

https://www.housingwire.com/articles/are-ibuyers-ripping-off-sellers/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=80440425&_hsenc=p2ANqtz--Ivv4N-06cJ6Yz8EgnhJVPFyVAGG3q4ra5f5D4clROph2f28A6P_0xsJJPZDJyPIxiZvAYhvfn5YlpHcyD_npv6LlTD_WytwIEaFbhrVmLyEJxfxc&_hsmi=80440425

On the other hand…

https://www.isoldmyhouse.com/ibuyers-guide/

And…

https://www.marketwatch.com/story/selling-your-home-to-an-ibuyer-could-cost-you-thousands-heres-why-2019-06-11 (11% less!)

Expect Continued Economic Growth, Slower Real Estate Price Gains and Small Chance for Recession in 2020, According to Group of Top Economists

https://www.nar.realtor/newsroom/expect-continued-economic-growth-slower-real-estate-price-gains-and-small-chance-for-recession-in

Multifamily REITs Are Once Again in Acquisition Mode

https://www.nreionline.com/multifamily/multifamily-reits-are-once-again-acquisition-mode

Why Multifamily Investors Are Betting on Affordable Housing in 2020

https://www.multifamilyexecutive.com/business-finance/why-multifamily-investors-are-betting-on-affordable-housing-in-2020_o

Will Apartments Be A Good Investment In 2020?

https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/will-apartments-be-a-good-investment-in-2020/#4af069453683

Five Reasons To Consider Investing In Residential Condos

https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/five-reasons-to-consider-investing-in-residential-condos/#50e15f3954c7

Criteria:

• Employment Growth
• Population Stability
• New apartment construction (less is better)
• Rent trends
• Vacancy rates
• Cap rates (the local market and the property itself)
• Cash flow
• http://milesdevelopmentgroup.com/buying-criteria/
• http://www.themultifamilyinvestor.com/our-investment-criteria/
• https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property
• https://www.quora.com/What-are-key-purchasing-criteria-for-multi-family-apartment-building-investments

Best Places

• https://www.multifamily.loans/apartment-finance-blog/what-are-the-best-cities-for-multifamily-investing
• https://www.nreionline.com/multifamily/ranking-top-multifamily-markets
• https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/
• https://www.fortunebuilders.com/multifamily-investment-property/

Call 404-369-1018, press 1 and leave your message!

• "Forgiveness is a strange thing. It can sometimes be easier to forgive our enemies than our friends. It can be hardest of all to forgive people we love. Like all of life's important coping skills, the ability to forgive and the capacity to let go of resentments most likely take root very early in our lives."

• -Mr. Rogers

Today is the annual multi-family wrap up show for 2019. We are going to update you on the latest multi-family news, give you a few thoughts and tips about investing in multi-family and end up the show sharing with you the best places in the US to buy them, according to the statistics we have available to us. 

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. 

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December. 
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  

iBuyers are not ripping consumers off. Are they? 

https://www.housingwire.com/articles/are-ibuyers-ripping-off-sellers/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=80440425&_hsenc=p2ANqtz--Ivv4N-06cJ6Yz8EgnhJVPFyVAGG3q4ra5f5D4clROph2f28A6P_0xsJJPZDJyPIxiZvAYhvfn5YlpHcyD_npv6LlTD_WytwIEaFbhrVmLyEJxfxc&_hsmi=80440425

On the other hand…

https://www.isoldmyhouse.com/ibuyers-guide/

And…

https://www.marketwatch.com/story/selling-your-home-to-an-ibuyer-could-cost-you-thousands-heres-why-2019-06-11 (11% less!)

Expect Continued Economic Growth, Slower Real Estate Price Gains and Small Chance for Recession in 2020, According to Group of Top Economists

https://www.nar.realtor/newsroom/expect-continued-economic-growth-slower-real-estate-price-gains-and-small-chance-for-recession-in

Multifamily REITs Are Once Again in Acquisition Mode

https://www.nreionline.com/multifamily/multifamily-reits-are-once-again-acquisition-mode

Why Multifamily Investors Are Betting on Affordable Housing in 2020

https://www.multifamilyexecutive.com/business-finance/why-multifamily-investors-are-betting-on-affordable-housing-in-2020_o

Will Apartments Be A Good Investment In 2020?

https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/will-apartments-be-a-good-investment-in-2020/#4af069453683

Five Reasons To Consider Investing In Residential Condos

https://www.forbes.com/sites/forbesrealestatecouncil/2019/12/10/five-reasons-to-consider-investing-in-residential-condos/#50e15f3954c7

Criteria:

• Employment Growth
• Population Stability
• New apartment construction (less is better)
• Rent trends
• Vacancy rates
• Cap rates (the local market and the property itself)
• Cash flow
• http://milesdevelopmentgroup.com/buying-criteria/
• http://www.themultifamilyinvestor.com/our-investment-criteria/
• https://money.usnews.com/investing/real-estate-investments/articles/2017-12-04/7-tips-to-invest-in-multifamily-property
• https://www.quora.com/What-are-key-purchasing-criteria-for-multi-family-apartment-building-investments

Best Places

• https://www.multifamily.loans/apartment-finance-blog/what-are-the-best-cities-for-multifamily-investing
• https://www.nreionline.com/multifamily/ranking-top-multifamily-markets
• https://www.mashvisor.com/blog/best-multifamily-markets-2019-high-cap-rate/
• https://www.fortunebuilders.com/multifamily-investment-property/

Call 404-369-1018, press 1 and leave your message! 

• "Forgiveness is a strange thing. It can sometimes be easier to forgive our enemies than our friends. It can be hardest of all to forgive people we love. Like all of life's important coping skills, the ability to forgive and the capacity to let go of resentments most likely take root very early in our lives."

• -Mr. Rogers

Hey everyone! We are back with our Best Places Series and today we are going to be talking about the best places to own rental properties in 2019 and probably 2020 as well. I have a bunch of websites and a variety of opinions about this and again, it all comes down to the criteria and weighting factors used in developing the scoring system. Carissa from Macon, GA asked me to explain the weighting factors and what I mean by that. So I will. It comes from the world of statistical analysis. Let's take for example the Flipping America Property Grade.

Mileage - a factor, but not as important as the profit.

Profit not as important as ROI, but profit still should be above 20k to make it worth your while.

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

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

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

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

• We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.
• 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.
• Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.

Fed Cuts Rate for Third Time This Year, Hints at Pause

https://www.realtor.com/news/real-estate-news/fed-cuts-rate-for-third-time-this-year-hints-at-pause/

Multifamily Investors Are Spending More Capital in Secondary and Tertiary Markets

https://www.nreionline.com/multifamily/multifamily-investors-are-spending-more-capital-secondary-tertiary-markets

Closing on a House: 10 Common Problems to Spot in a Final Walk-Through

https://realestate.usnews.com/real-estate/articles/closing-on-a-house-10-common-problems-to-spot-in-a-final-walk-through

What's the Impact of Nearby Transit on Office and Multifamily Property Values?

https://www.nreionline.com/finance-investment/what-s-impact-nearby-transit-office-and-multifamily-property-values

Most U.S. Home Building Primarily in Millennial Areas in 2019

https://www.worldpropertyjournal.com/real-estate-news/united-states/atlanta-real-estate-news/real-estate-news-national-association-of-home-builders-home-building-geography-index-hbgi-single-family-housing-production-data-for-2019-robert-dietz-11707.php

Our Criteria

• Population stable - not declining
• Strong middle class employment picture
• Relatively low home prices
• Quality of schools
• Stability of neighborhoods
• Potential long-term upside
• https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/?gclid=CjwKCAiAlajvBRB_EiwA4vAqiEnKnNzepkihunLgwyl16vlCj_9V_0p5m91Gdh2D5ywJDNJEMG6pfhoChwcQAvD_BwE
• https://www.doughroller.net/real-estate-investing/8-best-u-s-housing-markets-for-real-estate-investing/
• https://finance.yahoo.com/news/best-worst-cities-own-investment-090000378.html
• https://www.gobankingrates.com/investing/real-estate/best-worst-cities-own-investment-property/

• Frieda, Boston, MA, I'm trying to find a rental property to buy based on the numbers you have given and it seems impossible. The best I can do is a home for $300,000 that I can rent for $2,200/month. My payment including taxes and interest is just under 1700. It sounds like $500/month in cash flow. What am I missing?

Call 404-369-1018, press 1 and leave your message!

• "There is no normal life that is free of pain. It's the very wrestling with our problems that can be the impetus for our growth." -Mr. Rogers