Flipping America

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

We are in our "Best Places" series of shows to end up the year. Last time we talked about the best places to live. I reeled off more than 100 great places to live and pointed out that the lists were different because of the different criteria used and the relative importance of those criteria. Today we are going to talk about the best places in America to flip properties. I have several lists, although a few of them got their data from WalletHub and are therefore not original. What you will see is that even in a business driven by the numbers, there is still room for some disagreement. Although I don't know what the heck Bob Vila was thinking in his list. But you'll hear it coming up!

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.

Next year will be hard on the housing market, especially in these big cities

https://www.cnbc.com/2019/12/04/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html

These States Have the Lowest Mortgage Refinance Rates

https://magazine.realtor/daily-news/2019/12/04/these-states-have-the-lowest-mortgage-refinance-rates

Market Strength to Continue Next Year, Freddie Predicts

https://magazine.realtor/daily-news/2019/12/02/market-strength-to-continue-next-year-freddie-predicts

6 Cities Where You Need A Six-Figure Salary To Afford A Median-Priced Home

https://www.forbes.com/sites/brendarichardson/2019/12/03/6-cities-where-you-need-a-six-figure-salary-to-afford-a-median-priced-home/#64da21db3b4c

2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More

https://www.forbes.com/sites/alyyale/2019/11/15/2020-housing-outlook-expert-predictions-for-mortgage-rates-home-prices-tech-and-more/#798ade612935

Our Criteria

• Population growth
• Average Days on Market / Market Saturation
• Existing home inventory / pool of motivated sellers
• Team: Contractor(s) Realtor(s)
• Balance between costs and returns.
• https://www.cnbc.com/2018/05/09/10-best-states-for-turning-a-profit-on-flipping-a-house.html
• https://www.housingwire.com/articles/49738-here-are-the-top-10-best-and-worst-places-to-flip-a-house/
• https://wallethub.com/edu/best-cities-to-flip-houses/23158/
• https://www.fortunebuilders.com/house-flipping-the-top-5-cities-to-invest-in/
• https://www.bobvila.com/slideshow/the-best-cities-in-america-for-flipping-houses-in-2019-52644
• https://blog.walnutstreetfinance.com/top-12-markets-for-house-flippers-in-2019
• https://reww.com/blog/top-markets-house-flipping/
• https://selectstudentservices.com/wondering-where-2019s-the-best-places-are-to-flip-houses/
• https://selectstudentservices.com/wondering-where-2019s-the-best-places-are-to-flip-houses/

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

• "Anyone who does anything to help a child in his life is a hero. " - Mr. Rogers

We are in our “Best Places” series of shows to end up the year. Last time we talked about the best places to live. I reeled off more than 100 great places to live and pointed out that the lists were different because of the different criteria used and the relative importance of those criteria. Today we are going to talk about the best places in America to flip properties. I have several lists, although a few of them got their data from WalletHub and are therefore not original. What you will see is that even in a business driven by the numbers, there is still room for some disagreement. Although I don’t know what the heck Bob Vila was thinking in his list. But you’ll hear it coming up!

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.  

Next year will be hard on the housing market, especially in these big cities

https://www.cnbc.com/2019/12/04/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html

These States Have the Lowest Mortgage Refinance Rates

https://magazine.realtor/daily-news/2019/12/04/these-states-have-the-lowest-mortgage-refinance-rates

Market Strength to Continue Next Year, Freddie Predicts

https://magazine.realtor/daily-news/2019/12/02/market-strength-to-continue-next-year-freddie-predicts

6 Cities Where You Need A Six-Figure Salary To Afford A Median-Priced Home

https://www.forbes.com/sites/brendarichardson/2019/12/03/6-cities-where-you-need-a-six-figure-salary-to-afford-a-median-priced-home/#64da21db3b4c

2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More

https://www.forbes.com/sites/alyyale/2019/11/15/2020-housing-outlook-expert-predictions-for-mortgage-rates-home-prices-tech-and-more/#798ade612935

Our Criteria

• Population growth
• Average Days on Market / Market Saturation
• Existing home inventory / pool of motivated sellers
• Team: Contractor(s) Realtor(s)
• Balance between costs and returns.
• https://www.cnbc.com/2018/05/09/10-best-states-for-turning-a-profit-on-flipping-a-house.html
• https://www.housingwire.com/articles/49738-here-are-the-top-10-best-and-worst-places-to-flip-a-house/
• https://wallethub.com/edu/best-cities-to-flip-houses/23158/
• https://www.fortunebuilders.com/house-flipping-the-top-5-cities-to-invest-in/
• https://www.bobvila.com/slideshow/the-best-cities-in-america-for-flipping-houses-in-2019-52644
• https://blog.walnutstreetfinance.com/top-12-markets-for-house-flippers-in-2019
• https://reww.com/blog/top-markets-house-flipping/
• https://selectstudentservices.com/wondering-where-2019s-the-best-places-are-to-flip-houses/
• https://selectstudentservices.com/wondering-where-2019s-the-best-places-are-to-flip-houses/

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

• "Anyone who does anything to help a child in his life is a hero. " - Mr. Rogers

We are winding down to the end of 2019. It's been an interesting year to say the least! Over the next several shows we are going to review this past year, look ahead to 2020, and consider some of those lists we love. On the last show we started looking at some of the Best Places lists. We continue with that today and we will begin with the Best Places in America to live. If these are great places to live, they are also great places to invest. Some of the results will surprise you and there are several towns I'm betting you've never heard of. We have results from the usual suspects such as Money magazine, US News and World report, cnbc.com, and USA today, but we also have results from a couple of websites you may not be familiar with, Niche and liveability.com. These two sites add an interesting spin on the best cities. I can tell you right now we are going to name a LOT of nice cities and towns in the next few minutes - the lists are not identical - in fact they are remarkably different because they use different criteria and weighting factors. But the point is, there are great places to live all across the country. And every one of those places will have a part of town that isn't quite as nice as the rest of the town. Another piece of the story is that almost any place can be a good place to live depending on your personal criteria. For example, if you love golfing and motorcycling, almost no place in Minnesota will be ideal for you. But if you love winter sports, snowmobiling, and long winter nights in front of the fireplace, it could be just right.

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.

• https://www.cnbc.com/2019/04/15/us-news-world-report-best-places-to-live-in-the-us-in-2019.html
• https://www.businessinsider.com/us-news-best-places-to-live-in-america-2016-3
• https://www.niche.com/places-to-live/search/best-cities/
• https://money.com/money/collection/best-places-to-live-2019/
• https://www.usatoday.com/story/money/2019/09/10/americas-50-best-cities-to-live/40089949/
• https://www.mentalfloss.com/article/600133/best-places-to-live-america-2019
• https://www.cntraveler.com/galleries/2016-03-04/the-best-places-to-live-in-the-us

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

• "You rarely have time for everything you want in this life, so you need to make choices. And hopefully your choices can come from a deep sense of who you are." - Mr. Rogers

We are winding down to the end of 2019. It’s been an interesting year to say the least! Over the next several shows we are going to review this past year, look ahead to 2020, and consider some of those lists we love. On the last show we started looking at some of the Best Places lists. We continue with that today and we will begin with the Best Places in America to live. If these are great places to live, they are also great places to invest. Some of the results will surprise you and there are several towns I’m betting you’ve never heard of. We have results from the usual suspects such as Money magazine, US News and World report, cnbc.com, and USA today, but we also have results from a couple of websites you may not be familiar with, Niche and liveability.com. These two sites add an interesting spin on the best cities. I can tell you right now we are going to name a LOT of nice cities and towns in the next few minutes - the lists are not identical - in fact they are remarkably different because they use different criteria and weighting factors. But the point is, there are great places to live all across the country. And every one of those places will have a part of town that isn’t quite as nice as the rest of the town. Another piece of the story is that almost any place can be a good place to live depending on your personal criteria. For example, if you love golfing and motorcycling, almost no place in Minnesota will be ideal for you. But if you love winter sports, snowmobiling, and long winter nights in front of the fireplace, it could be just right.

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.  

• https://www.cnbc.com/2019/04/15/us-news-world-report-best-places-to-live-in-the-us-in-2019.html
• https://www.businessinsider.com/us-news-best-places-to-live-in-america-2016-3
• https://www.niche.com/places-to-live/search/best-cities/
• https://money.com/money/collection/best-places-to-live-2019/
• https://www.usatoday.com/story/money/2019/09/10/americas-50-best-cities-to-live/40089949/
• https://www.mentalfloss.com/article/600133/best-places-to-live-america-2019
• https://www.cntraveler.com/galleries/2016-03-04/the-best-places-to-live-in-the-us

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

• “You rarely have time for everything you want in this life, so you need to make choices. And hopefully your choices can come from a deep sense of who you are.” - Mr. Rogers

Today we are hitting the headlines hard and taking some of your questions. We have green startups, best places to live and work, and the top 25 cities Americans can't wait to leave!

www.RogerBlankenship.com

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.

News:

The Best Places For Business And Careers 2019: Seattle Still On Top

https://www.forbes.com/sites/samanthasharf/2019/10/30/the-best-places-for-business-and-careers-2019-seattle-still-on-top/#4ff07d653df2

Four Lessons Real Estate Investors Should Thank The Great Recession For

https://www.forbes.com/sites/forbesrealestatecouncil/2019/11/12/four-lessons-real-estate-investors-should-thank-the-great-recession-for/#30924d503dcc

Bigger cities https://www.forbes.com/best-places-for-business/list/#tab:overall

Smaller cities https://www.forbes.com/best-places-for-business/list/small/#tab:overall

Wells Fargo backs 8 green housing startups

https://www.inman.com/2019/11/13/wells-fargo-backs-8-green-housing-startups/

Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

https://www.cnbc.com/2019/11/13/weekly-mortgage-applications-jump-to-highest-level-in-over-a-month.html

Homeowners get the highest rates of return when selling in these 3 cities

https://www.cnbc.com/2019/11/06/homeowners-get-highest-rates-of-return-when-selling-in-these-3-cities.html

• Lee, Forsyth, GA "I work on the south side of Atlanta, but live closer to the north side of Macon. I want to start buying rental properties. Should I go closer to home or closer to the big city with my investments?"
• Rhonda, Boulder, CO "Ever since I started listening to you I've wanted to attend your FlipStarter event. It's just difficult for me to make it from Colorado to Atlanta. Do you plan to make it available as online training at any point?"
• Julia, Madison, WI "I was looking for your facebook broadcast last Thursday - wanted to hear your thoughts on winter-time investing, but for some reason I couldn't find it. I'm interested to hear what you shared."
• Wilson, Orlando, FL "I think it's impossible to find a 1% rental house here in Orlando. I want rental properties but don't want to lose money on them. I could head out of town a few minutes in almost any direction and find properties that fit your buying criteria. The thing is, I don't know whether I can keep them rented. Those areas aren't as popular as Orlando.

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

• "Your problem isn't the problem. Your reaction is the problem." -Anonymous

Today we are hitting the headlines hard and taking some of your questions. We have green startups, best places to live and work, and the top 25 cities Americans can’t wait to leave! 

www.RogerBlankenship.com

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.  

News:

The Best Places For Business And Careers 2019: Seattle Still On Top

https://www.forbes.com/sites/samanthasharf/2019/10/30/the-best-places-for-business-and-careers-2019-seattle-still-on-top/#4ff07d653df2

Four Lessons Real Estate Investors Should Thank The Great Recession For

https://www.forbes.com/sites/forbesrealestatecouncil/2019/11/12/four-lessons-real-estate-investors-should-thank-the-great-recession-for/#30924d503dcc

Bigger cities https://www.forbes.com/best-places-for-business/list/#tab:overall

Smaller cities https://www.forbes.com/best-places-for-business/list/small/#tab:overall

Wells Fargo backs 8 green housing startups

https://www.inman.com/2019/11/13/wells-fargo-backs-8-green-housing-startups/

Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

https://www.cnbc.com/2019/11/13/weekly-mortgage-applications-jump-to-highest-level-in-over-a-month.html

Homeowners get the highest rates of return when selling in these 3 cities

https://www.cnbc.com/2019/11/06/homeowners-get-highest-rates-of-return-when-selling-in-these-3-cities.html

• Lee, Forsyth, GA “I work on the south side of Atlanta, but live closer to the north side of Macon. I want to start buying rental properties. Should I go closer to home or closer to the big city with my investments?”
• Rhonda,  Boulder, CO “Ever since I started listening to you I’ve wanted to attend your FlipStarter event. It’s just difficult for me to make it from Colorado to Atlanta. Do you plan to make it available as online training at any point?”
• Julia, Madison, WI “I was looking for your facebook broadcast last Thursday - wanted to hear your thoughts on winter-time investing, but for some reason I couldn’t find it. I’m interested to hear what you shared.”
• Wilson, Orlando, FL “I think it’s impossible to find a 1% rental house here in Orlando. I want rental properties but don’t want to lose money on them. I could head out of town a few minutes in almost any direction and find properties that fit your buying criteria. The thing is, I don’t know whether I can keep them rented. Those areas aren’t as popular as Orlando.

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

• “Your problem isn’t the problem. Your reaction is the problem.” -Anonymous

Today we are going to talk about a couple of BRAND NEW products and offerings from Flipping America. Quick Start and FlipCalcs. And later on, Jack Bosch is going to join us to talk about making a LOT of money in land investments. It's relatively simple, uncomplicated, and the potential is staggering. Buy land for pennies on the dollar, sell for a deep discount and still make money.

Known as "the Land Guy," Jack Bosch is a real estate investor, educator, husband, and father. Originally an immigrant from Germany who came over with just 2 suitcases and a bunch of student debt,

Jack (with his wife Michelle) have found their niche in Real Estate. Since 2002, they have been buying and selling lots and unimproved land and have flipped more than 4,000 transactions. It only took them 18 months to go from Zero to $1M. Since 2008, Jack and Michelle also have been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Plus, they have figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades.

In addition to land flips, Jack and Michelle also own a portfolio of rental houses, commercial properties and even large apartment buildings. However, land and lots is their first passion because as Jack says there are no "Tenants, Toilets and Termites" on land, which really means no repairs, no inspections, no mold, no contractors. While still flipping over 100 properties a year, they now spend 2-4 months a year traveling the world with his family. They designed their business to fit their lifestyle, and the cash and cash flow from the business and investments allows them the luxury of living life on their own terms.

Jack is also a #1 bestselling author of the financial literacy book "Forever Cash, break the earn-spend cycle, take charge of your life, and build everlasting wealth and hosts the successful podcast "Forever Cash Life – Real Estate Podcast"

www.RogerBlankenship.com

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

• Lunch with me every Wednesday. Baraonda
• My latest article in Forbes is out. bit.ly/findredeals.
• The FAN is here!
• Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That's right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, 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.

Warehouse leasing plummets – because there's so little new space to lease

https://www.cnbc.com/2019/11/12/warehouse-leasing-plummets-because-theres-so-little-new-space-to-lease.html

CRE Economist Puts Recession Odds At 60% By 2021 https://www.bisnow.com/national/news/economy/berkeley-cre-economist-puts-recession-odds-at-40-for-2020-60-by-2021-101716

Freddie Mac Credit Protects $69 Billion of Single-Family Mortgages in Q3. What is the Credit Risk Transfer Program?

https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/-freddie-mac-credit-risk-transfer-program-data-for-2019-mike-reynolds-real-estate-news-stacr-acis-11666.php

The Best Apps for House Hunting

https://realestate.usnews.com/real-estate/slideshows/the-best-apps-for-house-hunting

1. Zillow
2. Realtor.com
3. Trulia
4. Redfin
5. Homesnap Real Estate
6. Homes
7. Estately Real Estate
8. Century 21 Local

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

• A mistake should be your teacher, not your attacker. A mistake is a lesson, not a loss. It is a temporary, necessary detour, not a dead end. -Anonymous

Today we are going to talk about a couple of BRAND NEW products and offerings from Flipping America. Quick Start and FlipCalcs. And later on, Jack Bosch is going to join us to talk about making a LOT of money in land investments. It’s relatively simple, uncomplicated, and the potential is staggering. Buy land for pennies on the dollar, sell for a deep discount and still make money. 

Known as “the Land Guy,” Jack Bosch is a real estate investor, educator, husband, and father. Originally an immigrant from Germany who came over with just 2 suitcases and a bunch of student debt, 

Jack (with his wife Michelle) have found their niche in Real Estate. Since 2002, they have been buying and selling lots and unimproved land and have flipped more than 4,000 transactions. It only took them 18 months to go from Zero to $1M. Since 2008, Jack and Michelle also have been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Plus, they have figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades.

In addition to land flips, Jack and Michelle also own a portfolio of rental houses, commercial properties and even large apartment buildings. However, land and lots is their first passion because as Jack says there are no “Tenants, Toilets and Termites” on land, which really means no repairs, no inspections, no mold, no contractors. While still flipping over 100 properties a year, they now spend 2-4 months a year traveling the world with his family. They designed their business to fit their lifestyle, and the cash and cash flow from the business and investments allows them the luxury of living life on their own terms. 

Jack is also a #1 bestselling author of the financial literacy book "Forever Cash, break the earn-spend cycle, take charge of your life, and build everlasting wealth and hosts the successful podcast “Forever Cash Life – Real Estate Podcast"

www.RogerBlankenship.com

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

• Lunch with me every Wednesday. Baraonda
• My latest article in Forbes is out. bit.ly/findredeals.
• The FAN is here!
• Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, 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.  

Warehouse leasing plummets – because there's so little new space to lease

https://www.cnbc.com/2019/11/12/warehouse-leasing-plummets-because-theres-so-little-new-space-to-lease.html

CRE Economist Puts Recession Odds At 60% By 2021 https://www.bisnow.com/national/news/economy/berkeley-cre-economist-puts-recession-odds-at-40-for-2020-60-by-2021-101716

 Freddie Mac Credit Protects $69 Billion of Single-Family Mortgages in Q3. What is the Credit Risk Transfer Program?

https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/-freddie-mac-credit-risk-transfer-program-data-for-2019-mike-reynolds-real-estate-news-stacr-acis-11666.php

The Best Apps for House Hunting

https://realestate.usnews.com/real-estate/slideshows/the-best-apps-for-house-hunting

1. Zillow 
2. Realtor.com
3. Trulia
4. Redfin
5. Homesnap Real Estate 
6. Homes
7. Estately Real Estate 
8. Century 21 Local 

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

• A mistake should be your teacher, not your attacker. A mistake is a lesson, not a loss. It is a temporary, necessary detour, not a dead end. -Anonymous

It's Q&A time again! We are going to devote a good bit of today's show to answering your questions. If you have a question about real estate or real estate investing, we promise we will either answer it or if we don't know, we will get an answer for you. You have a lot of options when it comes to asking a question. Most of you email to [email protected]. Occasionally people will leave a question at our national comment line, 404-369-1018. Now you can leave a voicemail for me at my website, rogerblankenship.com. And you can always send us a question through social media. I don't tend to see those right away, but whenever we get a question about real estate we answer it. We are not going to do your homework or your research for you, but we will go off of the numbers you provide and tell you whether we would do the deal. So sure, we will tell you whether it sounds like a deal will work. But there are always other types of questions as well, as you're about to hear. So don't be shy -- reach out with your question.

Start your new year off with a Boost and a Bang in your real estate career. FlipStarter Atlanta is January 11-12th. Tickets will go on sale next week and we will have some type of early bird pricing I'm sure.

www.RogerBlankenship.com

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

• Lunch with me every Wednesday. Baraonda
• My latest article in Forbes is out. bit.ly/findredeals.
• The FAN is here!
• Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That's right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, 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.

News:

• David Burt is at it again. https://www.inman.com/2019/11/04/this-big-short-investor-is-betting-against-mortgage-market-again/
• I know you've been talking about this at the networking events, but what's a non-QM bond, and why is this important?https://www.bloomberg.com/news/articles/2019-11-04/risky-mortgage-bonds-are-back-and-delinquencies-are-piling-up
• https://www.chicagotribune.com/real-estate/ct-re-condo-deconversion-1110-20191104-qluzf5donvende6k56orv3ebwu-story.html
• FTC Cracks Down on Real Estate Seminar Scams

https://magazine.realtor/daily-news/2019/11/07/ftc-cracks-down-on-real-estate-seminar-scams

• Airbnb Vows to Verify All Listings Posted at Its Site

https://magazine.realtor/daily-news/2019/11/07/airbnb-vows-to-verify-all-listings-posted-at-its-site

• Low U.S. Interest Rates Are Fueling a Bubble in Commercial Real Estate https://www.nreionline.com/finance-investment/low-us-interest-rates-are-fueling-bubble-commercial-real-estate

• Hank, Portland, OR, "Glad I found your show. I've enjoyed listening. I'm sure you've heard this a million times, but I would like to know you opinion on the best way to get started in this business.
• Becca, Milwaukee, WI "I'm looking at a deal that just by the numbers looks like a good deal. But when I look at the house it just doesn't feel right. My boyfriend tells me I should trust the numbers but my realtor kind of agrees with me - it just an ugly house situation on a weird lot. Am I missing an opportunity if I say no to this?
• Sandy, Chattanooga TN, "I have an opportunity to buy a rental house in a gentrifying neighborhood just south of downtown. Although it's improving, the schools there are are still terrible and crime is high. The house would yield 2% per month in rents. But I'm hesitant. Can you help me think about this?"
• Roy, Baltimore, MD, "My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn't pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?"
• Gary, Harrisburg, PA, "I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I've been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg?
• Jackie, Villages of Ocala, "My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There's no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It's hard to give up something that works for something that might work a little better. We'd like you to weigh in."
• Lupe, Boulder, CO, "I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it's not that hard to list a property."
• Bernita, Macon, GA, "Is there any way to tell whether or not you need a new roof without getting up on it? I don't want to climb on a roof."

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

• "The definition of 'luck' is when preparation meets opportunity." --Anonymous