Flipping America

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

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.  

• 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

Today I finish reading my new eBook: "Stop Being Poor: Yes, It IS a Choice." I will discuss what to do about poverty, the poverty mindset, and present a different way of thinking about your money that can set you on the road to success.

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.

News:

Real Estate Pros on Alert After Camera Captures Attack on Agent

https://magazine.realtor/daily-news/2019/09/25/real-estate-pros-on-alert-after-camera-captures-attack-on-agent

7 Home Upgrades That Will Attract First-Time Homebuyers

https://realestate.usnews.com/real-estate/articles/7-home-upgrades-that-will-attract-first-time-homebuyers

New home sales see unexpected surge, but analyst says 'entry level' price is now much higher

https://www.cnbc.com/2019/09/25/analyst-upgrades-3-homebuilders.html

Agreement Allows Fannie, Freddie to Retain Earnings https://magazine.realtor/daily-news/2019/10/01/agreement-allows-fannie-freddie-to-retain-earnings

Appraisals will no longer be required on certain home sales of $400,000 and under

https://www.housingwire.com/articles/appraisals-will-no-longer-be-required-on-certain-home-sales-of-400000-and-under/

MBA: Mortgage applications rebound after rates return to near 3-year low

https://www.housingwire.com/articles/mba-mortgage-applications-rebound-after-rates-return-to-near-3-year-low/

• Renaldo, Austin, TX "I heard your answer on a previous show about flipping a farm. That was cool. I'm thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed."
• Tom, Charlotte, NC "Kudos on the farm flipping question. How about a golf course? A bank here has one for sale."
• Adalberto, Columbia, SC "Seems like we are headed for a recession. It's just time. What should real estate investors do?"
• Ferdy, Brookfield, WI "Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?"

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

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

Today I finish reading my new eBook: "Stop Being Poor: Yes, It IS a Choice." I will discuss what to do about poverty, the poverty mindset, and present a different way of thinking about your money that can set you on the road to success.

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.  

News:

Real Estate Pros on Alert After Camera Captures Attack on Agent

https://magazine.realtor/daily-news/2019/09/25/real-estate-pros-on-alert-after-camera-captures-attack-on-agent

7 Home Upgrades That Will Attract First-Time Homebuyers

https://realestate.usnews.com/real-estate/articles/7-home-upgrades-that-will-attract-first-time-homebuyers

New home sales see unexpected surge, but analyst says ‘entry level’ price is now much higher

https://www.cnbc.com/2019/09/25/analyst-upgrades-3-homebuilders.html

Agreement Allows Fannie, Freddie to Retain Earnings https://magazine.realtor/daily-news/2019/10/01/agreement-allows-fannie-freddie-to-retain-earnings

Appraisals will no longer be required on certain home sales of $400,000 and under

https://www.housingwire.com/articles/appraisals-will-no-longer-be-required-on-certain-home-sales-of-400000-and-under/

MBA: Mortgage applications rebound after rates return to near 3-year low

https://www.housingwire.com/articles/mba-mortgage-applications-rebound-after-rates-return-to-near-3-year-low/

• Renaldo, Austin, TX “I heard your answer on a previous show about flipping a farm. That was cool. I’m thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed.”
• Tom, Charlotte, NC “Kudos on the farm flipping question. How about a golf course? A bank here has one for sale.”
• Adalberto, Columbia, SC “Seems like we are headed for a recession. It’s just time. What should real estate investors do?”
• Ferdy, Brookfield, WI “Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?”

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

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

I did a show last year that was a bit controversial but not nearly as much as I had anticipated. In fact the overwhelming response was more than 98% positive so ultimately I decided to turn that show into an e-Book. The topic is poverty and the title is Stop Being Poor: Yes, it IS a Decision. This book will hit the presses around the first of December and will be available for pre-order in a few weeks. Today I'm going to read some of it to you. That's coming up in just a few minutes.

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.

News:

U.S. Home Flipping Returns Drop to Nearly Eight-Year Low in Q2 2019 https://www.attomdata.com/news/market-trends/flipping/attom-data-solutions-q2-2019-u-s-home-flipping-report/

Independence Delay: Americans Are Living on Their Own Later And Less Often

We tend to believe that whatever is happening in the adult world when we enter adult consciousness is the norm. Until the 1950's there had rarely been enough money anywhere for 20 and 30 somethings to live comfortably alone. Aging parents always stayed with the adult kids. "Live long enough to be a burden to your children." Our current affordability challenges have some people rooming together, old people moving in with grown kids - in other words looking like the entire history of humanity until fifty years ago.

https://www.forbes.com/sites/taramastroeni/2019/09/25/independence-delay-americans-are-living-on-their-own-later-and-less-often/#36eecabb5c9b

The Metric You Can't Afford To Ignore When Analyzing A Flip

https://www.forbes.com/sites/forbesrealestatecouncil/2019/09/24/the-metric-you-cant-afford-to-ignore-when-analyzing-a-flip/#1e04cfb16c1b But why is there a defined limit on rehab capacity considering rehab loans include repairs? Lipstick rehabs are bought at the steps.

Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control NationalAffordable Housing

https://www.bisnow.com/national/news/affordable-housing/treasury-blocks-fannie-mae-freddie-mac-lending-rent-control-areas-100842 Trump against "blue" states? Nope - Not using tax dollars to bail out problems created by irresponsible local governments.

• Cassandra, Tampa, FL "I am brand new to all of this. I know I want to do something in real estate but not sure what or how to proceed. Any help you can give is appreciated."
• Jonathan, Jacksonville, FL "There are hundreds of investors here. Seems like I'll never find a deal that a dozen other people aren't already bidding on. I get discouraged, thinking I'm never going to get going."
• Derwin, Lancaster, PA "The hard money lenders I've spoken with require experience. How does an inexperienced person ever get a loan?"
• Renaldo, Austin, TX "I heard your answer on a previous show about flipping a farm. That was cool. I'm thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed."
• Tom, Charlotte, NC "Kudos on the farm flipping question. How about a golf course? A bank here has one for sale."

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

• "Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy." —Norman Vincent Peale

I did a show last year that was a bit controversial but not nearly as much as I had anticipated. In fact the overwhelming response was more than 98% positive so ultimately I decided to turn that show into an e-Book. The topic is poverty and the title is Stop Being Poor: Yes, it IS a Decision. This book will hit the presses around the first of December and will be available for pre-order in a few weeks. Today I’m going to read some of it to you. That’s coming up in just a few minutes. 

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.  

News:

U.S. Home Flipping Returns Drop to Nearly Eight-Year Low in Q2 2019 https://www.attomdata.com/news/market-trends/flipping/attom-data-solutions-q2-2019-u-s-home-flipping-report/

Independence Delay: Americans Are Living on Their Own Later And Less Often

We tend to believe that whatever is happening in the adult world when we enter adult consciousness is the norm. Until the 1950’s there had rarely been enough money anywhere for 20 and 30 somethings to live comfortably alone. Aging parents always stayed with the adult kids. “Live long enough to be a burden to your children.” Our current affordability challenges have some people rooming together, old people moving in with grown kids - in other words looking like the entire history of humanity until fifty years ago. 

https://www.forbes.com/sites/taramastroeni/2019/09/25/independence-delay-americans-are-living-on-their-own-later-and-less-often/#36eecabb5c9b

The Metric You Can't Afford To Ignore When Analyzing A Flip

https://www.forbes.com/sites/forbesrealestatecouncil/2019/09/24/the-metric-you-cant-afford-to-ignore-when-analyzing-a-flip/#1e04cfb16c1b But why is there a defined limit on rehab capacity considering rehab loans include repairs? Lipstick rehabs are bought at the steps. 

Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control NationalAffordable Housing 

https://www.bisnow.com/national/news/affordable-housing/treasury-blocks-fannie-mae-freddie-mac-lending-rent-control-areas-100842 Trump against “blue” states? Nope - Not using tax dollars to bail out problems created by irresponsible local governments. 

• Cassandra, Tampa, FL “I am brand new to all of this. I know I want to do something in real estate but not sure what or how to proceed. Any help you can give is appreciated.”
• Jonathan, Jacksonville, FL “There are hundreds of investors here. Seems like I’ll never find a deal that a dozen other people aren’t already bidding on. I get discouraged, thinking I’m never going to get going.”
• Derwin, Lancaster, PA “The hard money lenders I’ve spoken with require experience. How does an inexperienced person ever get a loan?”
• Renaldo, Austin, TX “I heard your answer on a previous show about flipping a farm. That was cool. I’m thinking about buying a small chicken processing plant and flipping that to one of the larger companies. Help me think about how to proceed.”
• Tom, Charlotte, NC “Kudos on the farm flipping question. How about a golf course? A bank here has one for sale.”

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

• “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” —Norman Vincent Peale

Four years ago she was freshly divorced, broke, homeless, and in a new city 2000 miles away from her hometown. She decided to pick herself up and get busy buying property. Today she owns 60 rental properties in her newly adopted hometown of Jackson, MS and she is on a mission to help others follow in her footsteps. Her name is Vicky Schettini. She's coming on in a few minutes to share her incredible inspiring story. And I'm going to share with you how you can get to one of Vicky's upcoming events and turn her story into your story.

Great Deals and Where to Find Them is out and available at Amazon. Get your copy from as low as $3.99. Learn how I have 10,000 or more deal come to my inbox every single week. Maybe you won't have 10,000, but if you follow my methods you should in just a few months time have hundreds of deals to consider every week.

Coming Up Wednesday Oct 9, We are recording show number 300 LIVE at Baraonda.

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.

Vickyschettini.com

[email protected]

Deal in Hand Event, Oct 25-27

Dealinhandevent.com

For Flipping America Listeners, its $595 for TWO people to attend.

October 12, Workshop on Mortgage Wrap. The BulletProof Wrap.

Atlantareia.com

RealEstateinvestingSecrets.com

News:

WeWork's New Leadership Officially Cancels IPO Plans

https://www.forbes.com/sites/sergeiklebnikov/2019/09/30/weworks-new-leadership-officially-cancels-ipo-plans/#7120fed765c5

Softbank Needs A $24 Billion WeWork Valuation To Break Even On Its Investment

https://www.forbes.com/sites/sergeiklebnikov/2019/10/01/softbank-needs-a-24-billion-wework-valuation-to-break-even-on-its-investment/#1f29849e7fe7

How Property Managers Can Survive (And Thrive) In The Era Of Proptech

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/01/how-property-managers-can-survive-and-thrive-in-the-era-of-proptech/#f4a7f8f2bd0f

Here Are The 10 Cities Experiencing The Highest Rent Increases In 2019

https://www.forbes.com/sites/ellenparis/2019/09/30/here-are-the-top-10-cities-experiencing-the-highest-rent-increases-in-2019/#12ce9f486c20

• Adalberto, Columbia, SC "Seems like we are headed for a recession. It's just time. What should real estate investors do?"
• Ferdy, Brookfield, WI "Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?"

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

• "To live a creative life, we must lose our fear of being wrong." --Anonymous

Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Four years ago she was freshly divorced, broke, homeless, and in a new city 2000 miles away from her hometown. She decided to pick herself up and get busy buying property. Today she owns 60 rental properties in her newly adopted hometown of Jackson, MS and she is on a mission to help others follow in her footsteps. Her name is Vicky Schettini. She’s coming on in a few minutes to share her incredible inspiring story. And I’m going to share with you how you can get to one of Vicky’s upcoming events and turn her story into your story. 

Great Deals and Where to Find Them is out and available at Amazon. Get your copy from as low as $3.99. Learn how I have 10,000 or more deal come to my inbox every single week. Maybe you won’t have 10,000, but if you follow my methods you should in just a few months time have hundreds of deals to consider every week. 

Coming Up Wednesday Oct 9, We are recording show number 300 LIVE at Baraonda. 

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.  

Vickyschettini.com

[email protected]

Deal in Hand Event, Oct 25-27

Dealinhandevent.com

For Flipping America Listeners, its $595 for TWO people to attend. 

October 12, Workshop on Mortgage Wrap. The BulletProof Wrap. 

Atlantareia.com 

RealEstateinvestingSecrets.com

News:

WeWork’s New Leadership Officially Cancels IPO Plans

https://www.forbes.com/sites/sergeiklebnikov/2019/09/30/weworks-new-leadership-officially-cancels-ipo-plans/#7120fed765c5

Softbank Needs A $24 Billion WeWork Valuation To Break Even On Its Investment

https://www.forbes.com/sites/sergeiklebnikov/2019/10/01/softbank-needs-a-24-billion-wework-valuation-to-break-even-on-its-investment/#1f29849e7fe7

How Property Managers Can Survive (And Thrive) In The Era Of Proptech

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/01/how-property-managers-can-survive-and-thrive-in-the-era-of-proptech/#f4a7f8f2bd0f

Here Are The 10 Cities Experiencing The Highest Rent Increases In 2019

https://www.forbes.com/sites/ellenparis/2019/09/30/here-are-the-top-10-cities-experiencing-the-highest-rent-increases-in-2019/#12ce9f486c20

• Adalberto, Columbia, SC “Seems like we are headed for a recession. It’s just time. What should real estate investors do?”
• Ferdy, Brookfield, WI “Would you buy a house in a better neighborhood or one in a marginal neighborhood with better numbers?”

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

• "To live a creative life, we must lose our fear of being wrong." --Anonymous

Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,

Imagine being a basketball fan. Now imagine growing up and BUYING your hometown's NBA franchise.

Tilman Fertitta is the star of his own reality TV show "Billion Dollar Buyer" on CNBC, and sole owner of the NBA's Houston Rockets, Golden Nugget Casinos, and 600 other properties under Fertitta Entertainment. He is a Houston Native, accomplished businessman, and recognized as a world leader in the dining hospitality, entertainment and gaming industries, and is often referred to as, "the world's richest restaurateur."

Fertitta owns more than 600 properties in 36 states and in over 15 countries. He is also one of the largest employers in the nation, with more than 60,000 employees. His restaurants include Mastro's Steakhouse and Ocean Club, Morton's Steakhouse, Vic & Anthony's, Bubba Gump Shrimp Company, Dos Caminos, Joe's Crab Shack, and more.

He's joining us in just a few minutes to talk about his new book, "Shut Up and Listen: Hard Business Truths That will Help You Succeed" In the book he talks about what he did to turn a $6,000 business loan into a billion dollar empire. He's joining us in just a few minutes.

There's still time to pre-order "Fantastic Deals and Where to Find Them" on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don't hold anything back -- and it's just $3.99. There's nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.

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.

• Tilmanisms
• Hospitality
• Turning things around when you fail
• The economy, and preparing for the cycle
• The characteristics of the entrepreneurial leader

News:

WeWork CEO Adam Neumann steps down https://www.cnbc.com/2019/09/24/wework-ceo-adam-neumann-is-expected-to-step-down-amid-controversy-and-retain-chair-role-wsj-reports.html

'Hipsturbia': It's What All The Cool Suburbs Are Doing And It's A 2020 Trend

https://www.forbes.com/sites/stephanievozza/2019/09/24/hipsturbia-its-what-all-the-cool-suburbs-are-doing-and-its-a-2020-trend/#1449c9a85870

Zillow Offers expands again, takes over top Texas markets

https://www.housingwire.com/articles/50219-zillow-offers-expands-again-takes-over-top-texas-markets

Home Offices Are Increasingly in Demand

https://magazine.realtor/daily-news/2019/09/23/home-offices-are-increasingly-in-demand

Higher interest rates send weekly mortgage applications tanking 10% https://www.cnbc.com/2019/09/25/higher-interest-rates-send-weekly-mortgage-applications-tanking-10percent.html

https://www.yieldstreet.com/3-ideas-to-build-wealth-outside-the-stock-market?utm_source=Taboola&utm_medium=cpc&utm_campaign=NEW_WL_Desktop&utm_content=K3i&cnbc&recirc=taboolaexternal

• Patricia, Charlotte, NC, "What is the website where I can list my wholesale deal?"
• Julia, Port St. Lucie, FL "Have you considered selling the paper on your small houses? I'm interested in buying."

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

• "There are no spare customers." -Tilman Fertitta

Imagine being a basketball fan. Now imagine growing up and BUYING your hometown’s NBA franchise. 

Tilman Fertitta is the star of his own reality TV show “Billion Dollar Buyer” on CNBC, and sole owner of the NBA’s Houston Rockets, Golden Nugget Casinos, and 600 other properties under Fertitta Entertainment. He is a Houston Native, accomplished businessman, and recognized as a world leader in the dining hospitality, entertainment and gaming industries, and is often referred to as, “the world’s richest restaurateur.”

Fertitta owns more than 600 properties in 36 states and in over 15 countries.  He is also one of the largest employers in the nation, with more than 60,000 employees.  His restaurants include Mastro’s Steakhouse and Ocean Club, Morton’s Steakhouse, Vic & Anthony’s, Bubba Gump Shrimp Company, Dos Caminos, Joe’s Crab Shack, and more. 

He’s joining us in just a few minutes to talk about his new book, “Shut Up and Listen: Hard Business Truths That will Help You Succeed” In the book he talks about what he did to turn a $6,000 business loan into a billion dollar empire. He’s joining us in just a few minutes. 

There’s still time to pre-order “Fantastic Deals and Where to Find Them” on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don’t hold anything back -- and it’s just $3.99. There’s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page. 

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.  

• Tilmanisms
• Hospitality
• Turning things around when you fail
• The economy, and preparing for the cycle
• The characteristics of the entrepreneurial leader

News:

WeWork CEO Adam Neumann steps down https://www.cnbc.com/2019/09/24/wework-ceo-adam-neumann-is-expected-to-step-down-amid-controversy-and-retain-chair-role-wsj-reports.html

‘Hipsturbia’: It’s What All The Cool Suburbs Are Doing And It’s A 2020 Trend

https://www.forbes.com/sites/stephanievozza/2019/09/24/hipsturbia-its-what-all-the-cool-suburbs-are-doing-and-its-a-2020-trend/#1449c9a85870

Zillow Offers expands again, takes over top Texas markets

https://www.housingwire.com/articles/50219-zillow-offers-expands-again-takes-over-top-texas-markets

Home Offices Are Increasingly in Demand

https://magazine.realtor/daily-news/2019/09/23/home-offices-are-increasingly-in-demand

Higher interest rates send weekly mortgage applications tanking 10% https://www.cnbc.com/2019/09/25/higher-interest-rates-send-weekly-mortgage-applications-tanking-10percent.html

https://www.yieldstreet.com/3-ideas-to-build-wealth-outside-the-stock-market?utm_source=Taboola&utm_medium=cpc&utm_campaign=NEW_WL_Desktop&utm_content=K3i&cnbc&recirc=taboolaexternal 

• Patricia, Charlotte, NC, “What is the website where I can list my wholesale deal?”
• Julia, Port St. Lucie, FL “Have you considered selling the paper on your small houses? I’m interested in buying.”

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

• "There are no spare customers." -Tilman Fertitta

Recently I finished up another eBook, "How to Put Skin in the Game When You are Running Thin on Skin." In it I show you how to do a real estate deal using none of your own money. I'm not just talking about the occasional "no money down" deal you might come across. I'm talking about doing a full fix and flip with none of your own money. People want to know how I've done 700 or more of these, so I wrote the book, telling you how I did it and continue to do it.

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.

News:

• https://www.cnbc.com/2019/09/04/the-big-shorts-michael-burry-says-he-has-found-the-next-market-bubble.html?recirc=taboolainternal
• https://www.cnbc.com/2019/09/04/sam-zell-on-wework-every-single-company-in-this-space-has-gone-broke.html?__twitter_impression=true&recirc=taboolainternal
• Study: Home Prices Rising Faster in Car-Dependent Areas
• https://magazine.realtor/daily-news/2019/09/03/study-home-prices-rising-faster-in-car-dependent-areas
• Home Inspectors List 3 Maintenance No-Nos
• https://magazine.realtor/daily-news/2019/08/27/home-inspectors-list-3-maintenance-no-nos
• Smartphones Are Guiding Buyers to Homes
• https://magazine.realtor/daily-news/2019/08/27/smartphones-are-guiding-buyers-to-homes
• Opportunity Zones: Separating Wisdom From Folly
• https://www.forbes.com/sites/jeffsteele/2019/08/30/opportunity-zones-separating-wisdom-from-folly/
• The Fed Cut Rates. What Does This Mean For Real Estate Investors?
• https://www.forbes.com/sites/forbesrealestatecouncil/2019/08/29/the-fed-cut-rates-what-does-this-mean-for-real-estate-investors/#1bbb033b78b4
• Half of All U.S. Student Housing Investment Serves "Power Five" Football Schools Alone https://www.worldpropertyjournal.com/real-estate-news/united-states/gainesville/cbre-commercial-real-estate-news-2019-student-housing-investment-data-power-five-football-programs-college-football-impact-in-student-housing-jaclyn-fitts-ucf-football-11559.php

• Daphne, Little Rock, AR "How can I get on your VIP buyers list?" bit.ly/inexpensivehomes
• Samuel, Omaha, NE, "Do you recruit equity partners or private money lenders? What is your preference and how would you guide someone who wants to participate with you but is undecided about how they want to be compensated?"
• Allison, Tuscaloosa, AL "How do I invest in the Flipping America fund and if you say 'Roll Tide' on your show I'll buy two shares."
• • I don't always say "roll tide" but when I do I don't mean it.
  • What does roll tide even mean?
  • There is an old southern gospel song that says "He will roll you over the tide." Does this mean we will actually beat Alabama next time?
  • The dip from my egg roll dripped on my shirt and stained it. But I used Tide and got it out. There was a "roll" and "tide" in that response. Does that count?
  • Wait I have more, there are jelly rolls, buttered rolls, rolls royces, tide waters, tied scores, tied shoelaces, all kinds of rolls and tides.
  • And lastly, I've TIDE this one up neatly - that's the way we ROLL!
  • I think now you are buying 20 shares Allison...

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

• "You are not here merely to make a living. You are here in order to enable the world to live more amply, with greater vision, with a finer spirit of hope and achievement. You are here to enrich the world, and you impoverish yourself if you forget the errand."

• Woodrow Wilson

Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America,