Flipping America

I’ve known a few people who have been in real estate investing since the beginning of their career. This is how you become a multi-millionaire and even a billionaire. Start young, make good decisions, grow solidly. I have a rising star on the show today and you are going to want to hear his story.

Hayden Crabtree is an Atlanta based Self Storage investor with 14 properties in 5 states spanning half a million square feet. His primary focus is on value-add storage deals that offer investors above average returns. Hayden got his start in the world of real estate during college after reading Rich Dad Poor Dad and finding a Real Estate mentor to shadow for over a year. His current focus is helping investors who want to build cashflow and equity find amazing opportunities and put their money to work passively side by side in his deals.

How to contact us

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

• BRAND NEW at rogerblankenship.com. You can leave a voice message for me!
• 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:

New SoftBank Deal Lets WeWork Cofounder Adam Neumann Walk Away A Billionaire

https://www.forbes.com/sites/jenniferwang/2019/10/22/new-softbank-deal-lets-wework-cofounder-adam-neumann-walk-away-a-billionaire/#37598ba8340e

Here’s How MIT Will Turbocharge AI So People Can Age In Place

https://www.forbes.com/sites/johnmcmanus/2019/10/16/heres-how-mit-will-turbocharge-ai-so-people-can-age-in-place/#5f762df37157

Gen Z Will Spend More On Rent Than Any Previous Generation -- Here's How To Attract Them

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/16/gen-z-will-spend-more-on-rent-than-any-previous-generation-heres-how-to-attract-them/#6e07224e42b5

Dip in Existing-Home Sales Signals ‘Unbalanced’ Market

https://magazine.realtor/daily-news/2019/10/22/dip-in-existing-home-sales-signals-unbalanced-market

Facebook Pledges $1 Billion Toward Affordable Housing

https://magazine.realtor/daily-news/2019/10/23/facebook-pledges-1-billion-toward-affordable-housing

• Kevin, Atlanta, GA “What’s the difference between a subject-to and a wrap?” 

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

• “Don't raise your voice, improve your argument.” --Anonymous

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today we are continuing with Part Three, I've taken the time to look at EVERY website designed to help consumers find properties. I consider usability, usefulness, the quantity and quality of information, and then I'm going to tell you which of these I use in my business and why.

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:

How Much Public Transit Adds to Home Values

https://magazine.realtor/daily-news/2019/10/14/how-much-public-transit-adds-to-home-values

SoftBank is in talks with JP Morgan on WeWork bailout as cash is expected to dry up by mid-November https://www.cnbc.com/2019/10/15/softbank-is-in-talks-with-jp-morgan-on-wework-bailout-package.html

Lower mortgage rates are causing an epic housing shortage https://www.cnbc.com/2019/10/15/lower-mortgage-rates-are-causing-an-epic-housing-shortage.html

Experts: Don't Blame Housing If Recession Hits https://magazine.realtor/daily-news/2019/10/14/experts-don-t-blame-housing-if-recession-hits

6 Things Your Real Estate Agent Can Help You With https://realestate.usnews.com/real-estate/articles/6-things-your-real-estate-agent-can-help-you-with

Airbnb's cash numbers could show that it's not another WeWork in the making https://www.cnbc.com/2019/10/17/airbnb-with-3-billion-on-balance-sheet-trying-to-avoid-wework.html

Questions for the review.

1. How does it present? List, Map, both? Configurable?
2. Is it easy to search?
3. Property data?
4. Community data?
5. Unique point of attraction (why would I choose to go here as opposed to one of the others?)

Branded RE sites and apps

1. Non-broker afiliated

1. 1. Realtor.com, list view by default, map view is possible.
   2. Trulia.com combo view, you cannot zoom on the map by scrolling the mouse. Pros and cons.
   3. Zillow.com, combo view. Good stats on houses
   4. Redfin.com, more properties in map view. Draw feature
   5. Movoto Real Estate, NO map view
   6. Homesnap
   7. Owners.com Altisource has shut it down.
   8. Estately Real Estate Search
   9. Xome
   10. USHUD Foreclosure Home Search
   1. Compass Real Estate - Homes
   2. Remax.com. Nice map view, doesn't seem to be as thorough as redfin.
   3. Keller Williams, loads slowly, no map view
   4. BHG Real Estate Homes (Better Homes and Gardens)
   5. Century 21 Local, loads quickly, no map view
   6. ERA Real Estate
2. Brokerage affiliated
   1. StreetEasy NYC Rentals
   2. HAR Texas Real Estate
3. Local Search sites
   1. Realty One app
   2. Homes for Sale, Rent app
   3. Millions Mapped Real Estate app
   4. GoMLS App
   5. Room8 Website is there only to tell you to download the app. Find a place and find a roommmate.
4. Apps
   1. Hotpads
   2. RadPad - find apartments to rent
   3. Airbnb
5. Rentals
   1. LoopNet Commercial
   2. CoStar Commercial
6. Commercial
   1. Idealista for real estate in Spain!
   2. PropertiesBook Real Estate real estate in Abu Dhabi
7. International

Let's talk about Privy: http://bit.ly/getprivyprogram

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

• "Blessed are those who can give without remembering and take without forgetting" --Anonymous

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today we are continuing with Part Three, I’ve taken the time to look at EVERY website designed to help consumers find properties. I consider usability, usefulness, the quantity and quality of information, and then I’m going to tell you which of these I use in my business and why.  

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:

How Much Public Transit Adds to Home Values

https://magazine.realtor/daily-news/2019/10/14/how-much-public-transit-adds-to-home-values

SoftBank is in talks with JP Morgan on WeWork bailout as cash is expected to dry up by mid-November https://www.cnbc.com/2019/10/15/softbank-is-in-talks-with-jp-morgan-on-wework-bailout-package.html

Lower mortgage rates are causing an epic housing shortage https://www.cnbc.com/2019/10/15/lower-mortgage-rates-are-causing-an-epic-housing-shortage.html

Experts: Don’t Blame Housing If Recession Hits https://magazine.realtor/daily-news/2019/10/14/experts-don-t-blame-housing-if-recession-hits

6 Things Your Real Estate Agent Can Help You With https://realestate.usnews.com/real-estate/articles/6-things-your-real-estate-agent-can-help-you-with

Airbnb’s cash numbers could show that it’s not another WeWork in the making https://www.cnbc.com/2019/10/17/airbnb-with-3-billion-on-balance-sheet-trying-to-avoid-wework.html

Questions for the review.

1. How does it present? List, Map, both? Configurable?
2. Is it easy to search?
3. Property data?
4. Community data?
5. Unique point of attraction (why would I choose to go here as opposed to one of the others?)

Branded RE sites and apps

1. Non-broker afiliated

1. 1. Realtor.com, list view by default, map view is possible. 
   2. Trulia.com combo view, you cannot zoom on the map by scrolling the mouse. Pros and cons. 
   3. Zillow.com, combo view. Good stats on houses
   4. Redfin.com, more properties in map view. Draw feature
   5. Movoto Real Estate, NO map view
   6. Homesnap
   7. Owners.com Altisource has shut it down. 
   8. Estately Real Estate Search
   9. Xome
   10. USHUD Foreclosure Home Search
   1. Compass Real Estate - Homes
   2. Remax.com. Nice map view, doesn’t seem to be as thorough as redfin.
   3. Keller Williams, loads slowly, no map view
   4. BHG Real Estate Homes (Better Homes and Gardens)
   5. Century 21 Local, loads quickly, no map view
   6. ERA Real Estate 
2. Brokerage affiliated
   1. StreetEasy NYC Rentals
   2. HAR Texas Real Estate
3. Local Search sites
   1. Realty One app
   2. Homes for Sale, Rent app
   3. Millions Mapped Real Estate app
   4. GoMLS App
   5. Room8 Website is there only to tell you to download the app. Find a place and find a roommmate. 
4. Apps
   1. Hotpads
   2. RadPad - find apartments to rent
   3. Airbnb
5. Rentals
   1. LoopNet Commercial
   2. CoStar Commercial
6. Commercial
   1. Idealista for real estate in Spain!
   2. PropertiesBook Real Estate real estate in Abu Dhabi
7. International

Let’s talk about Privy:  http://bit.ly/getprivyprogram

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

• “Blessed are those who can give without remembering and take without forgetting” --Anonymous

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today we are continuing with Part Two, Let's take a closer look at some of the technology we use here in our business.

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.

• 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.

The Purpose of Technology

It's not a replacement.

1. Doesn't replace understanding
2. 1. what a deal is.
   2. The process of getting a deal done
3. Doesn't create common sense - comps.
4. Doesn't replace the need to build relationships.
5. Won't go see properties for you, although we are getting closer on that all the time.
6. It may suggest a solution, but it won't make a decision (and we don't want it to).

It's a Tool

1. Automate procedures
2. Speed up processes
3. Analyze big data sets
4. Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it's done, the same process can be repeated much faster in the future.)

News:

Consumer Trepidation About Personal Finances Could Hold Back Housing

https://magazine.realtor/daily-news/2019/10/08/consumer-trepidation-about-personal-finances-could-hold-back-housing

Could Growth in Alternative Loans Lead to Another Crisis?

https://magazine.realtor/daily-news/2019/10/07/could-growth-in-alternative-loans-lead-to-another-crisis

Hope Is Not Lost for Net Neutrality Protections

https://magazine.realtor/daily-news/2019/10/07/hope-is-not-lost-for-net-neutrality-protections

FTC Orders Halt to 'Bogus' HGTV-Endorsed Seminars

https://magazine.realtor/daily-news/2019/10/07/ftc-orders-halt-to-bogus-hgtv-endorsed-seminars

Six Ways To Influence Real Estate Buyers And Sellers

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/09/six-ways-to-influence-real-estate-buyers-and-sellers/#5c90f8e51989

Real Estate Is Experiencing A Tech Renaissance, But Is It At The Expense Of The Homeowner?

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/real-estate-is-experiencing-a-tech-renaissance-but-is-it-at-the-expense-of-the-homeowner/#76b442482c2b

A Home In Paradise: What Homebuyers Should Know About Waterfront Property

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/a-home-in-paradise-what-homebuyers-should-know-about-waterfront-property/#4ed9a13e9311

• Wally from Aurora, CO "I want to invest in the marijuana industry. What are your thoughts?"
• Allie, Milwaukee, WI "I'm looking at an older home - about 50 years old. In the basement, the wall is cracked and bulging out just a little. The bulge is about 5 feet off the floor, and it's no more than 2" out of plumb with the wall, but the entire wall is slightly displaced. I looked for cracks in the walls upstairs and didn't see any. The seller told me they completely remodeled the house 10 years ago and tore out the plaster walls and put in new drywall. This could be a nice profitable project but how concerned should I be?
• Suzanne, Tampa FL "How do you do your show three times a week, post on social media like nobody's business, teach house flipping, make videos AND run your business? I'm not trying to challenge you. I really want to know how you do it?

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

• "If you want to achieve greatness stop asking for permission." --Anonymous

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today we are continuing with Part Two, Let’s take a closer look at some of the technology we use here in our business.  

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. 

• 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.  

The Purpose of Technology

It’s not a replacement.

1. Doesn’t replace understanding 
2. 1. what a deal is.
   2. The process of getting a deal done
3. Doesn’t create common sense - comps.
4. Doesn’t replace the need to build relationships.
5. Won’t go see properties for you, although we are getting closer on that all the time.
6. It may suggest a solution, but it won’t make a decision (and we don’t want it to).

It’s a Tool

1. Automate procedures
2. Speed up processes
3. Analyze big data sets
4. Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it’s done, the same process can be repeated much faster in the future.) 

News:

Consumer Trepidation About Personal Finances Could Hold Back Housing

https://magazine.realtor/daily-news/2019/10/08/consumer-trepidation-about-personal-finances-could-hold-back-housing

Could Growth in Alternative Loans Lead to Another Crisis?

https://magazine.realtor/daily-news/2019/10/07/could-growth-in-alternative-loans-lead-to-another-crisis

Hope Is Not Lost for Net Neutrality Protections

https://magazine.realtor/daily-news/2019/10/07/hope-is-not-lost-for-net-neutrality-protections

FTC Orders Halt to ‘Bogus’ HGTV-Endorsed Seminars

https://magazine.realtor/daily-news/2019/10/07/ftc-orders-halt-to-bogus-hgtv-endorsed-seminars

Six Ways To Influence Real Estate Buyers And Sellers

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/09/six-ways-to-influence-real-estate-buyers-and-sellers/#5c90f8e51989

Real Estate Is Experiencing A Tech Renaissance, But Is It At The Expense Of The Homeowner?

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/real-estate-is-experiencing-a-tech-renaissance-but-is-it-at-the-expense-of-the-homeowner/#76b442482c2b

A Home In Paradise: What Homebuyers Should Know About Waterfront Property

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/07/a-home-in-paradise-what-homebuyers-should-know-about-waterfront-property/#4ed9a13e9311

• Wally from Aurora, CO “I want to invest in the marijuana industry. What are your thoughts?”
• Allie, Milwaukee, WI “I’m looking at an older home - about 50 years old. In the basement, the wall is cracked and bulging out just a little. The bulge is about 5 feet off the floor, and it’s no more than 2” out of plumb with the wall, but the entire wall is slightly displaced. I looked for cracks in the walls upstairs and didn’t see any. The seller told me they completely remodeled the house 10 years ago and tore out the plaster walls and put in new drywall. This could be a nice profitable project but how concerned should I be?
• Suzanne, Tampa FL “How do you do your show three times a week, post on social media like nobody’s business, teach house flipping, make videos AND run your business? I’m not trying to challenge you. I really want to know how you do it?

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

• “If you want to achieve greatness stop asking for permission.” --Anonymous

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today as we open the subject, I'm going to share with you how we have tentatively outlined the subject, listed programs, websites, and apps to check out, and how we are going to open this up for YOU to contribute to the listings. This will likely become an ongoing feature of the show. We certainly won't cover everything today or even next time, but we know it's an important part of investing so we are going to make it a regular topic.

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.

• Lunch with me every Wednesday. Baraonda
• The FAN is here!
• Would you like to invest with the Flipping America Guy? We are looking for select partners on multiple projects. Contact us [email protected] or go to rogerblankenship.com/invest.
• 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.
• The Flipping America Network app is available. Download for free. FlippingAmericaNetwork -- all one word. Create your profile for free. List properties, browse properties. When you buy or when you sell your cost is $100.

The Purpose of Technology

It's not a replacement.

1. Doesn't replace understanding
2. 1. what a deal is.
   2. The process of getting a deal done
3. Doesn't create common sense - comps.
4. Doesn't replace the need to build relationships.
5. Won't go see properties for you, although we are getting closer on that all the time.
6. It may suggest a solution, but it won't make a decision (and we don't want it to).

It's a Tool

1. Automate procedures
2. Speed up processes
3. Analyze big data sets
4. Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it's done, the same process can be repeated much faster in the future.)

RE Tech:

Software

1. Branded RE sites and apps
2. 1. Realtor.com
   2. Trulia.com
   3. Zillow.com
   4. Redfin.com
   5. Remax.com
   6. Keller Williams
   7. Homes for Sale, Rent app
   8. Century 21 Local
   9. USHUD Foreclosure Home Search
   10. Homesnap
   11. Hotpads
   12. Realty One app
   13. StreetEasy NYC Rentals
   14. HAR Texas Real Estate
   15. Movoto Real Estate
   16. HomeSpotter Real Estate
   17. Owners.com
   18. ERA Real Estate
   19. GoMLS
   20. Room8
   21. LoopNet
   22. Idealista
   23. Estately Real Estate Search
   24. BHG Real Estate Homes
   25. CoStar Commercial
   26. Airbnb
   27. RadPad
   28. PropertiesBook Real Estate
   29. Millions Mapped Real Estate
   30. Compass Real Estate - Homes
   31. Xome
   1. PropStream
   2. Privy
   3. Remine app. Not for the small budget
3. Software for Property Information and Valuation
   1. Driving for Dollars Apps.
   2. Deal Analyzers, including spreadsheets people sell
   3. Financial calculators
   4. Pinpoint Profits, connected investors
   5. Website templates
4. Software for Prospecting
   1. Land Glide
   2. Road Warriors
   3. Driving for Dollars
   4. MileLogger - Mileage Tracker
   5. RealEstate Profinder
   6. HomeScout
   7. HomeTrust Real Estate (off market properties)
   8. Deal Machine App
   9. BirdDogBot.com
   10. REI Skip
   1. DealCheck
   2. DealCrunch Property Analyzer
   3. Syndicated Deal Analyzer, Mike Blank, http://www.syndicateddealanalyzer.com
   4. RehabValuator, Daniil Kleyman
   5. HouseFlippingSpreadsheet.com Dave Robertson
   1. Mortgage Calculator by QL
   2. Loan Calculator
   3. PowerOne FE
   1. Carrot.com
   2. www.wix.com/Real-Estate/Free-Templates‎
   3. www.cribflyer.com/‎
   4. www.intagent.com/‎
   5. Colorlib.com
   6. themeforest.net
   7. Templatemonster.com
   8. https://donedealwebsite.com/real-estate-investor-websites/
   1. Construction Mgt.
   2. Estimation Software
   3. Rental Mgt.
   4. RE Investing Business Mgt
   5. RE Brokerage
   6. Contracts
5. Software for Management
   1. Contractor tools
   2. Fieldwire Construction Management
   3. Contractor Foreman
   4. Procore
   5. Buildertrend
   6. Smartsheet
   7. Raken Construction Management
   8. Project Construction Estimator
   9. Magical Home Plans
   1. RECalc Mortgage Calculator
   2. DealCheck
   3. Rehab property Calculator
   4. Mogul Real Estate Calculator
   5. Scoper
   6. Rehab Calculator
   7. Mastery App
   8. NYC Closing Estimator
   9. HomeAdvisor
   10. Google "construction estimator" for a bunch more
   1. Landlord Tycoon
   2. Landlordy Property Management
   3. Stessa
   4. Rentredi
   5. Cozy.co
   1. RealeFlow
   2. FreedomSoft (or similar)
   1. Real Estate Exam for Dummies App
   2. Real Estate Exam Practice
   3. Real Estate Dictionary
   4. Real Estate Exam Prep
   5. Real Estate Pocket Prep
   6. Premiere Agen, RE CRM
   7. RPR Mobile (Realtors only)
   8. FlexMLS (Realtors only)
   9. Showing Time
   10. Supra eKey
   11. MoveTo
   12. RedX
   13. Arch Agent
   14. LandVoice
   15. Sales Genie
   1. Docusign
   2. Dotloop
   3. Sign In and Send PDF
   1. Attom Data
   2. CoreLogic
   3. HousingWire
   4. SM2
   5. RP Data Pro
   6. TopConnector
   7. Property Passbook
6. Data Sources
   1. Connected Investors, website and app
   2. Bigger Pockets
   3. Inman
   4. RIS Media
   5. Trulia's Blog
   6. RedFin blog
   7. Zillow PorchLight
   8. Geek Estate
   9. Property Cluster
   10. Realtor.com
   11. Bisnow.com
   12. The Bigger Pockets
   13. 1000 Watt
   14. Lighter Side of Real Estate
   15. Epic Real Estate
   16. Home Warranties
   17. Power Site Blog
7. Blogs
   1. FlippIt! - House Flipper
   2. Landlord Tycoon
   3. Real Estate Mogul
   4. Real Estate Tycoon Business
8. Games
   1. Fundrise
   2. Landa
   3. GROUNDFLOOR
   4. Patch of Land
   5. Iintoo.com
   6. Dadlpinvestments.com
   7. Cadre
   8. Arbor Crowd
   9. RealCrowd
   10. CrowdStreet
   11. PeerStreet
   12. Small Change
   13. RealtyMogul
9. Investing Sites
   1. Auction.com and app
   2. Hubzu.com and app
   3. HUD Home Store.com
   4. Realtybid.com
   5. XOME.com
   6. Ontario HiBid
10. Auctions
    1. RealEstate Templates for Pages
11. Miscellaneous Software and Apps

Hardware

1. Measuring devices
2. 1. Arrim
   1. Key Hero
3. Construction tools
   1. Smart Home stuff.
4. Tech for the rehabbed house

News:

Bidding wars are taking a strange turn in the fall housing market

https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html

Confidence in housing weakens just as homes become more affordable

https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html

The top 10 best places to retire

https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html

SoftBank CEO 'embarrassed' by results of his tech investments

https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/

Leaders in real estate technology predict the future of home buying

https://www.valuewalk.com/2019/10/real-estate-technology/

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

• "The ones who are crazy enough to think they can change the world are the ones that do." --Anonymous

Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today as we open the subject, I’m going to share with you how we have tentatively outlined the subject, listed programs, websites, and apps to check out, and how we are going to open this up for YOU to contribute to the listings. This will likely become an ongoing feature of the show. We certainly won’t cover everything today or even next time, but we know it’s an important part of investing so we are going to make it a regular topic. 

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. 

• Lunch with me every Wednesday. Baraonda
• The FAN is here!
• Would you like to invest with the Flipping America Guy? We are looking for select partners on multiple projects. Contact us [email protected] or go to rogerblankenship.com/invest.
• 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. 
• The Flipping America Network app is available. Download for free. FlippingAmericaNetwork -- all one word. Create your profile for free. List properties, browse properties. When you buy or when you sell your cost is $100. 

The Purpose of Technology

It’s not a replacement.

1. Doesn’t replace understanding 
2. 1. what a deal is.
   2. The process of getting a deal done
3. Doesn’t create common sense - comps.
4. Doesn’t replace the need to build relationships.
5. Won’t go see properties for you, although we are getting closer on that all the time.
6. It may suggest a solution, but it won’t make a decision (and we don’t want it to).

It’s a Tool

1. Automate procedures
2. Speed up processes
3. Analyze big data sets
4. Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it’s done, the same process can be repeated much faster in the future.) 

RE Tech:

Software

1. Branded RE sites and apps
2. 1. Realtor.com
   2. Trulia.com
   3. Zillow.com
   4. Redfin.com
   5. Remax.com
   6. Keller Williams
   7. Homes for Sale, Rent app
   8. Century 21 Local
   9. USHUD Foreclosure Home Search
   10. Homesnap
   11. Hotpads
   12. Realty One app
   13. StreetEasy NYC Rentals
   14. HAR Texas Real Estate
   15. Movoto Real Estate
   16. HomeSpotter Real Estate
   17. Owners.com
   18. ERA Real Estate
   19. GoMLS
   20. Room8
   21. LoopNet 
   22. Idealista
   23. Estately Real Estate Search
   24. BHG Real Estate Homes
   25. CoStar Commercial
   26. Airbnb
   27. RadPad
   28. PropertiesBook Real Estate
   29. Millions Mapped Real Estate
   30. Compass Real Estate - Homes
   31. Xome
   1. PropStream
   2. Privy 
   3. Remine app. Not for the small budget 
3. Software for Property Information and Valuation
   1. Driving for Dollars Apps.
   2. Deal Analyzers, including spreadsheets people sell
   3. Financial calculators
   4. Pinpoint Profits, connected investors
   5. Website templates
4. Software for Prospecting
   1. Land Glide
   2. Road Warriors
   3. Driving for Dollars
   4. MileLogger - Mileage Tracker
   5. RealEstate Profinder
   6. HomeScout
   7. HomeTrust Real Estate (off market properties)
   8. Deal Machine App
   9. BirdDogBot.com
   10. REI Skip
   1. DealCheck
   2. DealCrunch Property Analyzer
   3. Syndicated Deal Analyzer, Mike Blank, http://www.syndicateddealanalyzer.com
   4. RehabValuator, Daniil Kleyman
   5. HouseFlippingSpreadsheet.com Dave Robertson
   1. Mortgage Calculator by QL
   2. Loan Calculator
   3. PowerOne FE
   1. Carrot.com
   2. www.wix.com/Real-Estate/Free-Templates‎
   3. www.cribflyer.com/‎
   4. www.intagent.com/‎
   5. Colorlib.com
   6. themeforest.net
   7. Templatemonster.com
   8. https://donedealwebsite.com/real-estate-investor-websites/
   1. Construction Mgt.
   2. Estimation Software
   3. Rental Mgt.
   4. RE Investing Business Mgt
   5. RE Brokerage
   6. Contracts
5. Software for Management
   1. Contractor tools
   2. Fieldwire Construction Management
   3. Contractor Foreman
   4. Procore
   5. Buildertrend
   6. Smartsheet
   7. Raken Construction Management 
   8. Project Construction Estimator
   9. Magical Home Plans
   1. RECalc Mortgage Calculator
   2. DealCheck
   3. Rehab property Calculator
   4. Mogul Real Estate Calculator
   5. Scoper
   6. Rehab Calculator
   7. Mastery App
   8. NYC Closing Estimator
   9. HomeAdvisor
   10. Google “construction estimator” for a bunch more
   1. Landlord Tycoon
   2. Landlordy Property Management
   3. Stessa
   4. Rentredi 
   5. Cozy.co
   1. RealeFlow
   2. FreedomSoft (or similar)
   1. Real Estate Exam for Dummies App
   2. Real Estate Exam Practice
   3. Real Estate Dictionary
   4. Real Estate Exam Prep 
   5. Real Estate Pocket Prep
   6. Premiere Agen, RE CRM
   7. RPR Mobile (Realtors only)
   8. FlexMLS (Realtors only)
   9. Showing Time
   10. Supra eKey
   11. MoveTo
   12. RedX
   13. Arch Agent
   14. LandVoice
   15. Sales Genie
   1. Docusign
   2. Dotloop
   3. Sign In and Send PDF
   1. Attom Data
   2. CoreLogic
   3. HousingWire
   4. SM2
   5. RP Data Pro
   6. TopConnector
   7. Property Passbook
6. Data Sources
   1. Connected Investors, website and app
   2. Bigger Pockets
   3. Inman
   4. RIS Media
   5. Trulia’s Blog
   6. RedFin blog
   7. Zillow PorchLight
   8. Geek Estate
   9. Property Cluster
   10. Realtor.com
   11. Bisnow.com
   12. The Bigger Pockets
   13. 1000 Watt 
   14. Lighter Side of Real Estate
   15. Epic Real Estate
   16. Home Warranties 
   17. Power Site Blog 
7. Blogs
   1. FlippIt! - House Flipper
   2. Landlord Tycoon
   3. Real Estate Mogul
   4. Real Estate Tycoon Business
8. Games
   1. Fundrise
   2. Landa 
   3. GROUNDFLOOR 
   4. Patch of Land
   5. Iintoo.com
   6. Dadlpinvestments.com
   7. Cadre 
   8. Arbor Crowd
   9. RealCrowd
   10. CrowdStreet
   11. PeerStreet
   12. Small Change
   13. RealtyMogul
9. Investing Sites
   1. Auction.com and app
   2. Hubzu.com and app
   3. HUD Home Store.com
   4. Realtybid.com
   5. XOME.com
   6. Ontario HiBid
10. Auctions
    1. RealEstate Templates for Pages
11. Miscellaneous Software and Apps

Hardware

1. Measuring devices
2. 1. Arrim
   1. Key Hero
3. Construction tools
   1. Smart Home stuff. 
4. Tech for the rehabbed house

News:

Bidding wars are taking a strange turn in the fall housing market

https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html

Confidence in housing weakens just as homes become more affordable

https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html

The top 10 best places to retire

https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html

SoftBank CEO 'embarrassed' by results of his tech investments

https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/

Leaders in real estate technology predict the future of home buying

https://www.valuewalk.com/2019/10/real-estate-technology/

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

• “The ones who are crazy enough to think they can change the world are the ones that do.” --Anonymous

Welcome to show number 300! Today marks a milestone for us with the Flipping America show. Thanks to all of our sponsors for making it possible and thank you to YOU for making the show a big hit! It's not a college football game coming down to the last few seconds, but for a real estate show, it's pretty exciting! Making money YAY! Financial freedom YAY! Purpose, meaning, legacy, YAY! Wait, isn't it just a bit odd that sporting events seem to get us a LOT more enthusiastic than these other things that actually are the warp and woof of our lives.

Speaking of woof, I had a rough afternoon Saturday, like a lot of you Dawg fans out there. I had to go outside and sit by myself for awhile. One of the many thoughts I was thinking while pondering Georgia's unbelievable upset loss is "why does this matter so much to me?" I came close to an answer when I decided that I just really want to root for a team that wins a championship. I'm not much of a baseball fan but was delighted to be in the area when the Braves had their moment in the early 90's. I know we are the soccer champs, but honestly, I didn't realize we were any good until I heard on the news that we were playing for the championship. And I really don't mean any disrespect, but it's just difficult for guys my age to get excited about soccer. We didn't grow up with it. Anyway -- this was going to be the year for Georgia. We have elite talent, expectations were high - and then dashed. I know a championship is possible, but have you seen LSU and Alabama play? South Carolina barely whimpered as Alabama rolled over them. And I'm not sure they can beat LSU this year.

But here's how to eventually get out of this mental mire - you just have to say - "hey - it's just a game. It won't be important in 100 years and it doesn't affect my life, my destiny, or my future any more than I allow it to." Now THAT's a word of wisdom for everyone here. We have to get some perspective on our lives and think about what really matters. Sports. Yay. LIFE. YAY!

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:

Citibank is fined $30 million for holding onto foreclosures for too long.

https://www.housingwire.com/articles/citibank-fined-30-million-for-holding-onto-foreclosures-for-too-long/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270

Rent To Own - Nope - not in PA, NY or WI

https://www.housingwire.com/articles/pennsylvania-sues-rent-to-own-operator-vision-property-management-for-preying-on-low-income-renters/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270

176 124 128

• Arlene, Milwaukee, WI. "How do you find your contractors?
• Brandon, Atlanta, GA "My new contractor wants money up front for materials. I know you say 'no money up front' but we have this trust thing going on. He doesn't know me and I don't know him. What do I do?"
• William, Macon, GA "I keep hearing about the foreclosure auctions at the courthouse steps. I think I might want to do that, but why not just buy foreclosures my agent is showing me from the listings? Are the deals any better at the auctions? How do you go about buying at the courthouse?"
• Adnon, Long Beach CA, "Do you always hire a GC? What it the repairs are minor?"
• Brenda, Elizabethtown, KY "Do you ever just do the work yourself? My husband and I kinda like doing the work and he's good at everything."
• Ellen, Milwaukee, WI. "My husband and I just sold our home to downsize and we are trying to figure out what to do with the money -- over $200,000. He's semi-retired, bored, and handy. We've thought about flipping some houses. What advice would you give us?"
• Kandra, Las Vegas, NV "I recently attended a seminar here put on by [a TV personality]. I felt like it was just a sales pitch for a $20,000 course. But I was here for a course and really didn't learn anything. I'm concerned that if I paid the $20,000 I might not learn anything there either. And I don't have $20,000 anyway. So I didn't do it. But I'm back to square one. I really want to learn this business! I don't have any money and my credit has a few dings. Is there any hope for me?"
• D'Wayne, Louisville, KY "How do you decide whether you are going to fix and property and flip it, fix it and keep it, or just wholesale it? I figure there must be a way to figure out the best thing to do with a property. I have a deal under contract for 72,000. It needs updating and paint and carpet. I think I'll get $150,000 for it if I flip it. Or I could rent it out for $900 per month. But another investor just offered me $10,000 for my contract. What would you do?
• James, Lancaster, PA "I've been researching various REITs and crowdfunding platforms. REITs seem like less involvement from me, which I prefer, but the returns I'm seeing are at best around 6%. With crowdfunding I can get closer to 10% on my money but I have to be a bit more involved. While I'm thinking about it, do you have other options you would recommend?"
• Ellen, Villages of Ocala, FL, "We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don't really have enough money in there to buy and flip a house. Any suggestions?"
• Karenza, Long Beach, CA "I want to dive into buying rental properties here in southern california. My question is, am I too late?"
• Britney, Penn Hills, PA "My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder's beige. Can you settle the debate?"

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

• "Blessed are those who can give without remembering and take without forgetting" --Anonymous

Welcome to show number 300! Today marks a milestone for us with the Flipping America show. Thanks to all of our sponsors for making it possible and thank you to YOU for making the show a big hit! It’s not a college football game coming down to the last few seconds, but for a real estate show, it’s pretty exciting! Making money YAY! Financial freedom YAY! Purpose, meaning, legacy, YAY! Wait, isn’t it just a bit odd that sporting events seem to get us a LOT more enthusiastic than these other things that actually are the warp and woof of our lives. 

Speaking of woof, I had a rough afternoon Saturday, like a lot of you Dawg fans out there. I had to go outside and sit by myself for awhile. One of the many thoughts I was thinking while pondering Georgia’s unbelievable upset loss is “why does this matter so much to me?” I came close to an answer when I decided that I just really want to root for a team that wins a championship. I’m not much of a baseball fan but was delighted to be in the area when the Braves had their moment in the early 90’s. I know we are the soccer champs, but honestly, I didn’t realize we were any good until I heard on the news that we were playing for the championship. And I really don’t mean any disrespect, but it’s just difficult for guys my age to get excited about soccer. We didn’t grow up with it. Anyway -- this was going to be the year for Georgia. We have elite talent, expectations were high - and then dashed. I know a championship is possible, but have you seen LSU and Alabama play? South Carolina barely whimpered as Alabama rolled over them. And I’m not sure they can beat LSU this year. 

But here’s how to eventually get out of this mental mire - you just have to say - “hey - it’s just a game. It won’t be important in 100 years and it doesn’t affect my life, my destiny, or my future any more than I allow it to.” Now THAT’s a word of wisdom for everyone here. We have to get some perspective on our lives and think about what really matters. Sports. Yay. LIFE. YAY!

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:

Citibank is fined $30 million for holding onto foreclosures for too long. 

https://www.housingwire.com/articles/citibank-fined-30-million-for-holding-onto-foreclosures-for-too-long/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270

Rent To Own - Nope - not in PA, NY or WI

https://www.housingwire.com/articles/pennsylvania-sues-rent-to-own-operator-vision-property-management-for-preying-on-low-income-renters/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=77981270&_hsenc=p2ANqtz-9lNy1Av7foLYjpXtKTCDJ8pLEHN9TU02KtI1vtN16wH8sJcvMGWnDHmusNse3tmeFMkGUexet_b7sZ--8hgpCgR6VKq_Yj_wj3ztnaW8P-f7FzgOQ&_hsmi=77981270

176 124 128

• Arlene, Milwaukee, WI. “How do you find your contractors?
• Brandon, Atlanta, GA “My new contractor wants money up front for materials. I know you say ‘no money up front’ but we have this trust thing going on. He doesn’t know me and I don’t know him. What do I do?”
• William, Macon, GA “I keep hearing about the foreclosure auctions at the courthouse steps. I think I might want to do that, but why not just buy foreclosures my agent is showing me from the listings? Are the deals any better at the auctions? How do you go about buying at the courthouse?”
• Adnon, Long Beach CA, “Do you always hire a GC? What it the repairs are minor?”
• Brenda, Elizabethtown, KY “Do you ever just do the work yourself? My husband and I kinda like doing the work and he’s good at everything.”
• Ellen, Milwaukee, WI. “My husband and I just sold our home to downsize and we are trying to figure out what to do with the money -- over $200,000. He’s semi-retired, bored, and handy. We’ve thought about flipping some houses. What advice would you give us?”
• Kandra, Las Vegas, NV “I recently attended a seminar here put on by [a TV personality]. I felt like it was just a sales pitch for a $20,000 course. But I was here for a course and really didn’t learn anything. I’m concerned that if I paid the $20,000 I might not learn anything there either. And I don’t have $20,000 anyway. So I didn’t do it. But I’m back to square one. I really want to learn this business! I don’t have any money and my credit has a few dings. Is there any hope for me?”
• D’Wayne, Louisville, KY “How do you decide whether you are going to fix and property and flip it, fix it and keep it, or just wholesale it? I figure there must be a way to figure out the best thing to do with a property. I have a deal under contract for 72,000. It needs updating and paint and carpet. I think I’ll get $150,000 for it if I flip it. Or I could rent it out for $900 per month. But another investor just offered me $10,000 for my contract. What would you do?
• James, Lancaster, PA “I’ve been researching various REITs and crowdfunding platforms. REITs seem like less involvement from me, which I prefer, but the returns I’m seeing are at best around 6%. With crowdfunding I can get closer to 10% on my money but I have to be a bit more involved. While I’m thinking about it, do you have other options you would recommend?”
• Ellen, Villages of Ocala, FL, “We are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don’t really have enough money in there to buy and flip a house. Any suggestions?”
• Karenza, Long Beach, CA “I want to dive into buying rental properties here in southern california. My question is, am I too late?”
• Britney, Penn Hills, PA “My husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder’s beige. Can you settle the debate?”

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• “Blessed are those who can give without remembering and take without forgetting” --Anonymous

Where do you want to be? In a few years? In 20 years? The future is a funny thing. We are simultaneously on the way to it while preparing for it. And if you don't watch out, we spend so much time in the preparation, we forget to enjoy the little things along the way. Today we are going to talk about retiring. I'm going to share with you how to plan for your later years with on-going income and enjoyable activity levels. I'm also going to address those of you who think it's too late - you are destined to spend your older years pinching pennies. And I'm also going to tell you why discontinuing all work a bad idea, in my opinion. No discussion of the future is complete without a consideration of the present. If you are unhappy now, it's unlikely you will be magically happy then. If you are frustrated or bored with your life now, it's very likely this will continue. The answer is NOT in a change of circumstances someday. The answer is in changing your mind TOday.

We must learn to enjoy the meaningful moments of this life as they threaten to pass you by. And pass you by they will. You can never hold on to the moment, but time is a force that marches on. Physicists tell us there are four primary forces in nature, gravity, electromagnetism, weak nuclear and strong nuclear. But TIME is a stronger force than all of them. We have found ways to experiment, modify and overcome the four physical forces, but we have never (and I think WILL never) learned to overcome time - to stop it, slow it, travel backward in it, accelerate forward in it. Time marches on. The moments continue to pass no matter how much we cling to them. New time is constantly being created at the same pace regardless of our yearning to more quickly get through certain phases in our lives.

A discussion of the afterlife or even previous lives for that matter is WAAAAY outside the scope of this show, but one thing we can all agree on: We have this life. And we have choices about what to do with it. Some of those choices may no doubt be influenced by whatever you believe about what comes next. But it is a choice nonetheless.

So let's make some good choices. They won't be the same for all people but they can all be good, wise, prudent, and effective. We just have to start making them.

www.RogerBlankenship.com

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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.

• 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.

• We are not going to create a full retirement plan for you in 20 minutes or so. The topic deserves a more complete discussion with your financial and tax advisors. What I hope to do here is simply lay out some of the principles for your consideration.
• I'm not giving advice. I'm teaching principles. Each person's situation and circumstances will be different so you will need to consult with a professional who is familiar with your life and agree on the specifics of a plan.

You have two eyes. Using this as a metaphor, Your life balance will be found by keeping one eye on the future and the other eye on the present. Notice you do not have a third eye with which you can dwell on the past. What is past is done. It can't be changed. Some of you will say, "but what about the mistakes I made?" There were lessons learned that should be a part of your present. If you continue to dwell on the mistakes of the past you have not yet distilled the lessons from them. Figure it out, close that chapter and move on. Some will say "but what about the injustice done to me?" This is a surefire way to live a miserable existence. The injustices done to you are also in the past. They cannot be changed. The only thing you can control is your response to them. And they ONLY healing that can move your life in a positive direction is forgiveness.

"But what they did was horrible."

"But what they did was unforgiveable."

"But what they did was…."

It's not easy. It's not emotional. It's not even fully logical. It's just simply necessary.

"Well I tried to forgive, but it didn't really work."

Here's a little secret. Forgive over and over again. Remind yourself daily, hourly, however long it takes for as long as you continue to remember their deeds against them. As surely as time marches on, in time the pain will subside a little each passing day until the forgiveness you have declared becomes a reality in your soul.

The only more certain happiness trap you can enter is to live inside past injustice done to someone else by a third party. Allow yourself into this mental mindset and escape will be difficult.

So one eye on the present includes the accumulation of life lessons, fading memories of difficult forgivenesses, and a steadfast focus on joy. We can do multiple episodes of this show just talking about the pursuit of happiness, but since the show's theme is real estate and entrepreneurship we will limit ourselves to a briefer treatment.

Much of our life is spent in pursuit. Pursuit of pleasure, pursuit of money, pursuit of power, pursuit of fame, pursuit of legacy. There is nothing inherently wrong with inner drive. Without it we would be lifeless aimless blobs. And there is nothing inherently wrong with the natural progression in our pursuits. Although one could study the wisdom literature from an early age and realize that many, if not most of the priorities people have in their lives are pointless, it seems that we all must, to some degree, learn these things first-hand. While on this journey, you will do well to consider the things that bring true satisfaction, meaning, and enjoyment into your life. And while we all need enough money to live and eat, we all realize sooner or later that money isn't everything. The flashy lifestyle many crave reflects a lack of self-confidence, a lack or maturity, or both. And I know the saying, "money can't buy you happiness but I'd rather be miserable in a Mercedes than a Chevy." What I'm saying here is money is fine. Nothing wrong with it. But when it becomes the love of your life, problems ensue. Figure out what truly brings meaning to life. Read books by older people on the subject. Study the wisdom literature. For example, read and understand the Book of Ecclesiastes in the Bible. I know it will seem strange and somewhat depressing at first glance. It is translated from ancient poetry, so it's not going to read like your favorite novel. Keep reading.

What you are going to learn sooner or later is true life satisfaction comes from:

Basic needs fulfilled

Meaningful work

Loving relationships

Make these the basics of your life pursuits and you are on the way to joy. Choose a different path and, well, I'll see you again in a few years when you realize I'm right. And hey, I didn't discover this. I'm just sharing with you the wisdom of a thousand generations. Take the word of millions of people who have gone before, or go on and figure it out for yourself. You get to choose.

• Imagine your life
• • Start at the end and work backwards. Family, legacy, impact, charities, etc.
  • • Don't be too concerned with the details. If you want to make God laugh, just tell him your plans. There are going to be twists and turns. And this destination you imagine may not be the most important plot element to your story.
  • What will your lifestyle cost?
  • Start with the best case scenario. Where do you live? Or do you envision kind of a snowbird lifestyle? Are you taking other vacations? Travelling? RV-ing?
  • Assume an 8% return on your investments. How much do you need to have invested in order to afford that lifestyle?
• Let's do the math. Suppose you would like to end up making $10,000 per month. That plus the pittance known as social security should keep you alive and ticking right? If your home is paid for, your taxes are relatively low, this should afford you a reasonable lifestyle. That's $120,000 per year. Divide that by .08 and voila, you need to have $1,500,000 invested. Man THAT sounds like a lot. If I saved $10,000 per year I would have to save for 150 years!
• Real estate to the rescue. Buy 10 houses that end up being worth 1.5m. You can use debt to buy them. Allow for inflation so start out buying houses for $80,000. Rent should be $800. In ten years the house (3% appreciation) is worth more than $100,000.
• You get the idea. Your tenants pay down the mortgage. The value is increasing. Rents rise slightly. This is a solid plan to get there.

But I'm already in my 50's. I don't have time to buy 10 houses and accumulate.

What do you have?

Get a better return.

Cheap houses

Remote wholesaling

Flip properties on the side, NOT to enhance lifestyle but to put into income-producing properties.

Get into multi-family. Syndication.

Multiple passive income streams

Stocks

$1m, 8%, 80,000

Real Estate

$40m, 8% 3.2m

Income from business cash flows, 2m

Never Stop Working

Not a mandate.

Not a law

Not normal.

Stop working, start shriveling

Mind

Muscles

Spirit

Slow down, yes, enjoy the fruits of your labors and your wisdom, yes more than earlier. Stop? Never.

News:

What Is LTV and Why Does it Matter? https://loans.usnews.com/what-is-ltv-and-why-does-it-matter

Redfin: The average 2012 homebuyer is now sitting on $141,000 in home equity

https://www.housingwire.com/articles/redfin-the-average-2012-homebuyer-is-now-sitting-on-141000-in-home-equity/

Sotheby's AR App Lets Buyers Purchase Furniture, Too https://magazine.realtor/daily-news/2019/09/30/sotheby-s-ar-app-lets-buyers-purchase-furniture-too

WeWork Concerns Seeping Into Singapore's Real Estate Sector https://www.bloomberg.com/news/articles/2019-10-02/wework-concerns-are-seeping-into-singapore-s-real-estate-sector

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

• "If you do what you always did, you will get what you always got." --Anonymous