Flipping America

Chapter 5

Expected Air Date: 4/20/19

Today I’m going to share with you Chapter 5 in my upcoming book, Flipping in Ten Days.

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!
• Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests.
• 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.  

• https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html
• https://www.housingwire.com/articles/48801-zillow-begins-buying-and-selling-homes-in-dallas

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

• "Opportunities don't happen. You create them."
• -- Chris Grosser

Expected Air Date: 4/8/19

Coming up in a few minutes I'm going to have a conversation with a brand new real estate investor Nate and we are going to change things up a bit today. He's going to interview me. He has my permission to ask me anything. Hopefully he will cover a lot of the things you are interested in, but it's very possible he will bring up something unexpected. It's unscripted and he hasn't provided to me the questions in advance. Should be fun.

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!
• Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month's worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you'll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I'm going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests.
• 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.

• https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html

• Cooper, McDonough, GA "How do you keep finding so many deals to buy? I want to buy in my area - Henry County Georgia and there are lots of houses around here, but I can't find any deals. I'm a licensed realtor and I spend time looking at the MLS nearly every day."
• Juanita, Villages of Ocala, FL, "We own several rental properties back in the Raleigh, Durham area that we've had for years before we retired. Now we want to sell them. Do you have some ideas about this? We don't want the new owner to throw out our long-term tenants or raise their rents."
• Alex, Las Vegas, "I tried to buy a flip property here. The numbers looked pretty good according to what I've heard you and others say. But I can't find a hard money lender who will loan the money. I have the $50,000 cash I need to do the deal but they are all telling me I don't have enough experience. How do I get the experience if no one will make the first loan?"
• Carly, Lancaster, PA "Two questions about rentals. Do you let your tenants paint the interior? And 2. What is your policy regarding pets?"

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

• "Opportunities don't happen. You create them."
• -- Chris Grosser

Expected Air Date: 4/8/19

Coming up in a few minutes I’m going to have a conversation with a brand new real estate investor Nate and we are going to change things up a bit today. He’s going to interview me. He has my permission to ask me anything. Hopefully he will cover a lot of the things you are interested in, but it’s very possible he will bring up something unexpected. It’s unscripted and he hasn’t provided to me the questions in advance. Should be fun.

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!
• Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests.
• 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.  

• https://www.cnbc.com/video/2019/04/05/heres-how-investing-in-home-equity-works.html

• Cooper, McDonough, GA “How do you keep finding so many deals to buy? I want to buy in my area - Henry County Georgia and there are lots of houses around here, but I can’t find any deals. I’m a licensed realtor and I spend time looking at the MLS nearly every day.”
• Juanita, Villages of Ocala, FL, “We own several rental properties back in the Raleigh, Durham area that we’ve had for years before we retired. Now we want to sell them. Do you have some ideas about this? We don’t want the new owner to throw out our long-term tenants or raise their rents.”
• Alex, Las Vegas, “I tried to buy a flip property here. The numbers looked pretty good according to what I’ve heard you and others say. But I can’t find a hard money lender who will loan the money. I have the $50,000 cash I need to do the deal but they are all telling me I don’t have enough experience. How do I get the experience if no one will make the first loan?”
• Carly, Lancaster, PA “Two questions about rentals. Do you let your tenants paint the interior? And 2. What is your policy regarding pets?”

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

• "Opportunities don't happen. You create them."
• -- Chris Grosser

Expected Air Date: 3/28/19

The iBuyer Show

Grandma's description of daylight savings time.

iBuyers make it look like they are giving a fair offer for your house. I'll make the same offer.

6-16% fees

Must accept contract offer which is contingent upon inspection.

Inspection will reveal needed repairs which you can make or further reduce your price.

Tell the tuxedo shirt story again. $22 vs $15 shirt.

www.flippingamericanetwork.com

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

YouTube: bit.ly/FlippingAmericaOnYouTube

Linkedin: bit.ly/FlippingAmericaOnLinkedIn

We now have a profile at houzz.com for what it's worth.

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

• Lunch with me every Wednesday. Baraonda
• My latest article in Forbes is out. bit.ly/findredeals.
• The FAN is here!
• My website is rogerblankenship.com.
• Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month's worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you'll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I'm going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests.
• March 16-17, FlipStarter, www.flipstarterevent.com.
• Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.

• https://www.inman.com/2019/02/11/yelp-hides-reviews-pages-for-opendoor-offerpad/
• https://www.cnbc.com/2019/03/23/property-taxes-would-have-a-huge-impact-on-chinas-economy-ceo.html
• https://www.cnbc.com/2019/03/18/these-are-the-best-and-worst-cities-for-first-time-home-buyers.html
• https://www.realtor.com/news/real-estate-news/trumps-budget/
• https://www.cnbc.com/2019/03/22/mortgage-rates-are-breaking-to-new-lower-territory.html
• https://magazine.realtor/daily-news/2019/03/22/happy-spring-home-sales-post-strong-rebound

• Carson, Norcross, GA "I'm trying to buy a house that is in foreclosure here in Gwinnett Co. Georgia. The seller is ready to walk away from the house and told me the loan balance is $85k. She accepted my offer of $87k. Now I hear from the lender, a private individual that the actual balance is 97k. The house is worth 220k so I offered the lender 100k in cash. He said ok, but he already paid the attorney to handle the foreclosure and I would need to speak with him. What do you recommend? The property is scheduled for the auction in 1 week.
• Dena, Lancaster, PA "I am wondering how you rehab those properties you are buying around the country. How do you do a remote rehab?"
• Madison, Las Vegas, NV "Someone told me that they heard you make exceptions to the MAO rule. What are the exceptions?"

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

• "Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing." – Life Quote By Helen Keller

Expected Air Date: 3/28/19

The iBuyer Show

Grandma’s description of daylight savings time.

iBuyers make it look like they are giving a fair offer for your house. I’ll make the same offer.

6-16% fees

Must accept contract offer which is contingent upon inspection.

Inspection will reveal needed repairs which you can make or further reduce your price.

Tell the tuxedo shirt story again. $22 vs $15 shirt.

www.flippingamericanetwork.com

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

YouTube: bit.ly/FlippingAmericaOnYouTube

Linkedin: bit.ly/FlippingAmericaOnLinkedIn

We now have a profile at houzz.com for what it’s worth.

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

• Lunch with me every Wednesday. Baraonda
• My latest article in Forbes is out. bit.ly/findredeals.
• The FAN is here!
• My website is rogerblankenship.com.
• Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests.
• March 16-17, FlipStarter, www.flipstarterevent.com.
• Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.  

• https://www.inman.com/2019/02/11/yelp-hides-reviews-pages-for-opendoor-offerpad/
• https://www.cnbc.com/2019/03/23/property-taxes-would-have-a-huge-impact-on-chinas-economy-ceo.html
• https://www.cnbc.com/2019/03/18/these-are-the-best-and-worst-cities-for-first-time-home-buyers.html
• https://www.realtor.com/news/real-estate-news/trumps-budget/
• https://www.cnbc.com/2019/03/22/mortgage-rates-are-breaking-to-new-lower-territory.html
• https://magazine.realtor/daily-news/2019/03/22/happy-spring-home-sales-post-strong-rebound

• Carson, Norcross, GA “I’m trying to buy a house that is in foreclosure here in Gwinnett Co. Georgia. The seller is ready to walk away from the house and told me the loan balance is $85k. She accepted my offer of $87k. Now I hear from the lender, a private individual that the actual balance is 97k. The house is worth 220k so I offered the lender 100k in cash. He said ok, but he already paid the attorney to handle the foreclosure and I would need to speak with him. What do you recommend? The property is scheduled for the auction in 1 week.
• Dena, Lancaster, PA “I am wondering how you rehab those properties you are buying around the country. How do you do a remote rehab?”
• Madison, Las Vegas, NV “Someone told me that they heard you make exceptions to the MAO rule. What are the exceptions?”

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

• “Security Is Mostly A Superstition. Life Is Either A Daring Adventure Or Nothing.” – Life Quote By Helen Keller

Expected Air Date: 3/21/19

Today I'm going to introduce you to a gentleman who started in this business only three years ago and now is flipping 50 houses a year. He has an incredible story and you will want to be sure to hear it. His name is Scott Sekulow and he's now known as the "Flipping Rabbi" which is a story I'm going to let him tell you. I'm also going to get his input on the current state of the market.

www.flippingamericanetwork.com

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

YouTube: bit.ly/FlippingAmericaOnYouTube

Linkedin: bit.ly/FlippingAmericaOnLinkedIn

We now have a profile at houzz.com for what it's worth.

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

**NEW** We are doing live call-ins on Tuesdays from 10-11. If you've wanted to call and speak with me, now you have your chance. Call 404-369-1018, extension 5.

• Lunch with me every Wednesday. Baraonda
• My latest article in Forbes is out. bit.ly/findredeals.
• The FAN is here!
• My website is rogerblankenship.com.
• Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month's worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you'll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I'm going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests.
• March 16-17, FlipStarter, www.flipstarterevent.com.
• Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. 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 6% preferred rate of return and can go as high as 20%. 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.

• Shameka, Atlanta, GA "I'm a new wholesaler and I would appreciate if you would give me some guidance as to what experienced investors are looking for."
• Brandon, Atlanta, GA "How do you figure out what it's going to cost to repair the property?"
• Roberta, Tampa, FL "What is debt service coverage ratio and why is it important? I just got financing rejected by the lender because of this and it's a property my mentor said would generate good cash flow. I asked the lender and their explanation was technical and I didn't understand. I asked my mentor and he said it's not important and I should just go to another lender. I googled it and that really didn't help either. I'm buying a house for $120,000 and putting $20,000 down. The payment will be $525.20 per month and the rent is $750. It seems like I'm making $200 per month. How can that be wrong?"

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

• "Don't take the road less traveled. Don't take the road more traveled. Find people you want to be like and take the road they took." --Roger Blankenship