Flipping America

FAR 174 Expected Air Date: 8/6/18 Opening Ok, I’ve given away my content a bit with the title “Feelings are Overrated.” But I’m going to back it up. I’m reminded of a press conference with Coach Bobby Knight when, after a particularly difficult loss a reporter asked him how he felt. Even at the time I thought it was a dumb question, but Coach Knight didn’t disappoint. He tore into the reporter and reminded all of us what a stupid question sounds like. That hasn’t deterred reporters from asking the most obvious question over and over - “How do you feel?” First of all, the answer to that always goes without saying. The reporter asking it is not seeking news, but rather echoing the sentiment in our culture that we should be focusing on and thinking about our feelings. Today I’m going to challenge that notion and put forth the idea that while feelings are a part of our lives and should be acknowledged, 75 years of focusing on them hasn’t made anything better and possibly has made things worse. If you’re like me, and I bet you are, you see someone doing something completely senseless everyday. You also see people acting in complete disregard for everyone around them, as if the universe revolves around them. And lastly you probably see people who have a strong sense of self-esteem without any logical or apparent reason in their life why they should feel good about themselves. By focusing on our feelings we have lost our way when it comes to doing the hard stuff. A culture and a nation grows soft while contemplating our feelings. And the true tragedy is found in the belief that if we can discover how we truly feel, we will be better. The fact is, once we spend the time to discover how we truly feel, all we have done is focus on the emotion, but we haven’t progressed toward any meaningful recovery. Watch a little TV and you will no doubt see a commercial for a new wonder drug designed to address one of your emotional states. Never mind the 5 pages of potentially life-threatening side effects they read off in super speed, the extent the drug works is the extent to which is numbs that feeling somehow. In a few minutes I’m going to share with you a better way - a way to acknowledge your feelings and still get useful things done. I want to give you a hint now, but I think I’ll leave it at that. 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. Announcements:

• Lunch with me every Wednesday.
• Thursday August 9th, speaking at Flipping Atlanta “Investing in Real Estate with Your Self-Directed IRA”
• Tuesday August 14th, speaking at Catalyst, “Contractor Impossible”
• 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://therealdeal.com/2018/08/04/are-resi-markets-headed-for-a-global-apocalypse/
• https://www.denverpost.com/2018/08/03/denver-housing-market-cooling/
• https://techcrunch.com/2018/08/03/rentlogic-lands-millions-to-grade-nyc-real-estate-for-renters-and-landlords/
• https://www.housingwire.com/articles/46372-wells-fargo-reveals-software-error-wrongly-denied-much-needed-mortgage-modifications
• https://www.realtor.com/news/trends/foreign-buyers-buying-less-u-s-real-estate/
• https://www.realtor.com/news/trends/fastest-growing-suburbs/
• https://www.forbes.com/sites/ellenparis/2018/04/23/springs-2018-real-estate-market-is-a-good-news-bad-news-story/#3a1330902c35
• https://www.quickenloans.com/blog/emerging-summer-trends-home-decor
• https://www.refinery29.uk/ikea-interiors-trends-autumn-winter-2018
• https://www.refinery29.uk/ikea-interiors-trends-autumn-winter-2018

Topic: Feelings are Overrated If your life is a play, “feelings” is one of the actors, but definitely NOT the director. Purpose is the director of our day to day lives. We’ve spent two generations getting in touch with our feelings, and all we’ve done is feel worse than ever before. While acknowledging our feelings, do what needs to be done and in so doing notice that we begin to feel differently, often better. Physical exercise combats depression. Progression of Activity and Reaction: Activating Event (external) Feeling Thought Decision Action Immediate problems result if we skip the “thought” step. Unfortunately our culture has been training people for at least 75 years to focus on their feelings which has led to acting on or responding to those feelings. If we completely ignore our feelings we may run into problems down the road, but our decisions will be more productive and reasonable. Here’s another problem. Few people have practiced thinking before acting for so long, fewer still know what or how to think when they set out to do so. In general, schools don’t really teach people how to think. They spit out facts for memorization and grades are based on the ability to memorize, not the ability to think. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from!

• Ronald, Colorado Springs, CO, “I need help finding deals for flips. I’m wrapping up my third deal. All three of them came from a small local bank. They don’t have anything else now, and I’m not sure what to do next. I’ve read a bunch of articles online, but I’m not sure which ones work and which ones are hype. Thanks for the show.”
• Meredith, Pittsburgh, PA, “I want to invest in real estate, but I don’t want to own rental properties and I don’t want to do flips. I want passive investment. I know about REITs and I’ve done some checking into crowdfunding sites. The REITs don’t have great returns but they seem relatively safe. The crowdfunding makes me leery. I know they are probably doing just fine but it seems a little dicey to me. How should I be thinking about where to put my money?”
• Sydney, Lancaster, PA, “I’m confused about getting my business set up. I own three rental houses and a duplex, all titled in my own name. I just watched a webinar on asset protection. I heard that I needed to form a Nevada Corporation, which they were willing to set up for me -- for a fee of course. Since it was a webinar I looked up what it cost and they were adding about $1000 to what it would really cost. So I passed. But the logic seemed compelling. So I think I need to do something. I would like your input.”
• 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?”

Motivational Thoughts for the day

• “Dreams will get you nowhere, a good kick in the pants will take you a long way…” Baltasar Gracian

FAR 173 Expected Air Date: 7/23/18 Opening What are the guiding principles you use in your investing activity? We all think about returns, but do you consider other data points as well? Ok, some of you right now are asking, "what other data points?" If you are looking at a property to buy and hold and you are only looking at cash flow or only looking at capitalization rate, or only looking at net income, you are not looking far enough. Even if you are considering all three of those, and they ARE separate numbers btw, there is much more to consider. You need to think about the area, the past trends, the future projections, infrastructure, employment opportunities, and much more. So you need data. If you listen to the show much you know that our analysis is data driven. And we look behind the data for assumptions, theoretical models, and the methods used to combine data to reach conclusions. I realize that not all of you listening to this show can be that much of a nerd. It's ok. We get our hands a little nerdy around here sometimes so we can help you make the best decision possible. That means we have sources for our data. One of our favorites is Attom Data Solutions. Coming up in a few minutes I have Daren Blomquist, Executive VP for Attom Data and we are going to bless your life with a little data talk. Now before you turn this off and switch over to yet another rerun of Gilligan's Island or Big Bang Theory, let me tell you a few things we are going to be talking about. Attom data is the same company formerly known as RealtyTrac.com. That means they are experts on foreclosure data. We will talk about that. Want to know about crime rates in a prospective area? How about information about the particular property and its history? They've got those. Want to know what a neighborhood is like? Income level, percentage of college grads, crime rate, and more? They have it. Want some juicy stats on investor activities? Done. How about a list of distressed or potentially stressed properties? Where do you think the list brokers get theirs? Yeah - go straight to the source and we are going to tell you how. We are going to tell you how to get your hands on their Bi Annual Report on Single Family Rental Home prices. And you don't want to miss this part -- in the last segment I ask Mr. Blomquist to look into his crystal ball and tell us what he sees happening with housing prices and the markets. His answer is coming up! With RealtyTrac since 2001, Daren Blomquist has been instrumental in many facets of the company's business as it has transformed into the industry leader it is today. In addition to being one of the company's longest-term employees, Daren is RealtyTrac's primary media spokesperson and resident go-to expert on foreclosure statistics and trends. Daren is also managing editor of the company's monthly newsletter, the Foreclosure News Report, which was named the "Nation's Best Newsletter" by the National Association of Real Estate Editors, and is directly responsible for the creation of the company's U.S. foreclosure market and sales reports, which are cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.

Guest: Daren Blomquist www.Homefacts.com www.homedisclosure.com www.Realtytrac.com Check out the Neighborhood Index. Look up Flip Transaction Data Read the Bi-Annual Report on Single Family Rental Home Prices Topic: Flash in the Pan Flash in the Pan: https://www.phrases.org.uk/meanings/flash-in-the-pan.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you're from!

• Alissa, Grand Rapids MI, "What do you do for security in your fix and flips? I have one in a marginal area and I'm a bit worried about materials left on site and basically the house itself."

Motivational Thoughts for the day

• "It doesn't matter how slowly you go as long as you do not stop." -Confucious.

FAR 173 Expected Air Date: 7/23/18 Opening What are the guiding principles you use in your investing activity? We all think about returns, but do you consider other data points as well? Ok, some of you right now are asking, “what other data points?” If you are looking at a property to buy and hold and you are only looking at cash flow or only looking at capitalization rate, or only looking at net income, you are not looking far enough. Even if you are considering all three of those, and they ARE separate numbers btw, there is much more to consider. You need to think about the area, the past trends, the future projections, infrastructure, employment opportunities, and much more. So you need data. If you listen to the show much you know that our analysis is data driven. And we look behind the data for assumptions, theoretical models, and the methods used to combine data to reach conclusions. I realize that not all of you listening to this show can be that much of a nerd. It’s ok. We get our hands a little nerdy around here sometimes so we can help you make the best decision possible. That means we have sources for our data. One of our favorites is Attom Data Solutions. Coming up in a few minutes I have Daren Blomquist, Executive VP for Attom Data and we are going to bless your life with a little data talk. Now before you turn this off and switch over to yet another rerun of Gilligan’s Island or Big Bang Theory, let me tell you a few things we are going to be talking about. Attom data is the same company formerly known as RealtyTrac.com. That means they are experts on foreclosure data. We will talk about that. Want to know about crime rates in a prospective area? How about information about the particular property and its history? They’ve got those. Want to know what a neighborhood is like? Income level, percentage of college grads, crime rate, and more? They have it. Want some juicy stats on investor activities? Done. How about a list of distressed or potentially stressed properties? Where do you think the list brokers get theirs? Yeah - go straight to the source and we are going to tell you how. We are going to tell you how to get your hands on their Bi Annual Report on Single Family Rental Home prices. And you don’t want to miss this part -- in the last segment I ask Mr. Blomquist to look into his crystal ball and tell us what he sees happening with housing prices and the markets. His answer is coming up! With RealtyTrac since 2001, Daren Blomquist has been instrumental in many facets of the company’s business as it has transformed into the industry leader it is today. In addition to being one of the company’s longest-term employees, Daren is RealtyTrac’s primary media spokesperson and resident go-to expert on foreclosure statistics and trends. Daren is also managing editor of the company’s monthly newsletter, the Foreclosure News Report, which was named the “Nation’s Best Newsletter” by the National Association of Real Estate Editors, and is directly responsible for the creation of the company’s U.S. foreclosure market and sales reports, which are cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.  

Guest: Daren Blomquist www.Homefacts.com www.homedisclosure.com www.Realtytrac.com Check out the Neighborhood Index. Look up Flip Transaction Data Read the Bi-Annual Report on Single Family Rental Home Prices Topic: Flash in the Pan Flash in the Pan: https://www.phrases.org.uk/meanings/flash-in-the-pan.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from!

• Alissa, Grand Rapids MI, “What do you do for security in your fix and flips? I have one in a marginal area and I’m a bit worried about materials left on site and basically the house itself.”

Motivational Thoughts for the day

• “It doesn’t matter how slowly you go as long as you do not stop.” -Confucious.

FAR 171 Expected Air Date: 07/19/18 Opening In the business of flipping houses, the challenging part right now is finding that next deal. Everywhere I go, the word is "deals are hard to come by. Everyone is bidding properties up, by the time it gets sold, it's no longer a deal." What can you do? Well, one thing you can do is listen to today's interview with Tony Lukashevich. Tony is the owner of Reno Georgia and has more than 200 rehab projects under his belt. He's also the Atlanta area coach for the Flipping America mentoring program, working closely with our Atlanta operators to ensure they deliver their projects on time and on budget. In a few minutes Tony will be with us and share with us how he finds all the deals he needs using just ONE strategy with wholesalers. It doesn't cost him anything but time and persistence. I know about 10 ways to find deals, but Tony gets more out of this method than anyone I've ever seen. It's taken it to an artform and he's going to share it with you. Don't worry - he's not shooting himself in the foot by sharing his secrets with you. We both know that despite the appearance of shortage, there is NO shortage of opportunity. It just requires time, patience, diligence, and some good old fashioned work - even though the work is not that hard. Tony is coming up in just a few minutes. How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.mansionglobal.com/articles/vietnam-the-next-frontier-in-asia-s-luxury-real-estate-market-102826
• https://www.inman.com/2018/07/15/meet-the-inman-innovator-finalists-most-innovative-real-estate-team-part-2/
• http://www.dispatch.com/entertainmentlife/20180715/real-estate-report-home-improvement-pace-beginning-to-slow-down
• https://www.scmp.com/week-asia/business/article/2155209/can-singapore-tame-its-property-market-new-rules

Guest: Tony Lukashevich, Emails: [email protected] Tell us where you're from!

• Simon, Boulder, CO, "We have been thinking about investing in a Senior LIving Center. I saw an article stating that the American population is aging and this would be a good investment. What do you think?"
• Megan, Long Beach, CA, "I'm looking into investing in mini-storage. Im' wondering what you would consider a good return?"
• Alex, Jacksonville, FL "Is it possible to flip multi-family?"
• Will, Lancaster, PA "My question is this: what are the questions I should be answering for myself as I consider whether or not to invest in real estate?"
  • Why am I doing this?
  • What do I want / need in the way of returns?
  • What are my options / investment types?
  • What is my risk tolerance?
  • What are my time horizons -
    • How long do I want to hold properties?
    • How long do I want to be actively involved in this?
  • What's my exit?
    • Sell?
    • Legacy?

Motivational Thoughts for the day

• Most opportunities come disguised as hard work. That's why most people don't recognize them. -Ann Landers

FAR 171 Expected Air Date: 07/19/18 Opening In the business of flipping houses, the challenging part right now is finding that next deal. Everywhere I go, the word is “deals are hard to come by. Everyone is bidding properties up, by the time it gets sold, it’s no longer a deal.” What can you do? Well, one thing you can do is listen to today’s interview with Tony Lukashevich. Tony is the owner of Reno Georgia and has more than 200 rehab projects under his belt. He’s also the Atlanta area coach for the Flipping America mentoring program, working closely with our Atlanta operators to ensure they deliver their projects on time and on budget. In a few minutes Tony will be with us and share with us how he finds all the deals he needs using just ONE strategy with wholesalers. It doesn’t cost him anything but time and persistence. I know about 10 ways to find deals, but Tony gets more out of this method than anyone I’ve ever seen. It’s taken it to an artform and he’s going to share it with you. Don’t worry - he’s not shooting himself in the foot by sharing his secrets with you. We both know that despite the appearance of shortage, there is NO shortage of opportunity. It just requires time, patience, diligence, and some good old fashioned work - even though the work is not that hard. Tony is coming up in just a few minutes. How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.mansionglobal.com/articles/vietnam-the-next-frontier-in-asia-s-luxury-real-estate-market-102826
• https://www.inman.com/2018/07/15/meet-the-inman-innovator-finalists-most-innovative-real-estate-team-part-2/
• http://www.dispatch.com/entertainmentlife/20180715/real-estate-report-home-improvement-pace-beginning-to-slow-down
• https://www.scmp.com/week-asia/business/article/2155209/can-singapore-tame-its-property-market-new-rules

Guest: Tony Lukashevich, Emails: [email protected] Tell us where you’re from!

• Simon, Boulder, CO, “We have been thinking about investing in a Senior LIving Center. I saw an article stating that the American population is aging and this would be a good investment. What do you think?”
• Megan, Long Beach, CA, “I’m looking into investing in mini-storage. Im’ wondering what you would consider a good return?”
• Alex,  Jacksonville, FL “Is it possible to flip multi-family?”
• Will, Lancaster, PA “My question is this: what are the questions I should be answering for myself as I consider whether or not to invest in real estate?”
  • Why am I doing this?
  • What do I want / need in the way of returns?
  • What are my options / investment types?
  • What is my risk tolerance?
  • What are my time horizons -
    • How long do I want to hold properties?
    • How long do I want to be actively involved in this?
  • What’s my exit?
    • Sell?
    • Legacy?

Motivational Thoughts for the day

• Most opportunities come disguised as hard work. That’s why most people don’t recognize them. -Ann Landers

FAR 170 Expected Air Date: 07/16/18 Opening Your network is your net worth. We've heard that for years. The more you connect with people in this industry, or whatever industry you happen to be in, the more good things can happen. I can't tell you exactly how or when those results might begin to benefit your life, but I can tell you that your best success as an entrepreneur will come from the people you meet, either investors, suppliers, customers, or even your fellow competitors. Today I'm going to talk to you about a giant in our industry, Connected Investors. They are one of the largest networking sites for real estate investors in the world. On their site you can find people in your area, or people in the area where you want to be, vendors, deals, money, just about anything you need. In a few moments we are going to be joined by Marty Coyne, the Chief Technology Officer for Connected Investors. We were talking at a conference recently - yes, NETWORKING! And he told me about a new product they had released. It's an aggregation tool that puts a ton of seller leads all into one place -- a product they call PinPoint Profits. I expressed my doubts and Marty put it on the line. He asked me to use the product and see if it didn't work. I did, and WOW. We've only been using it a few days now but we are stunned by the potential. We have hundreds of new leads and are already in contact with a few of the sellers. I'll keep you posted as we go along, but so far I'm amazed and delighted to tell you about this. But Connected Investors is a LOT more than PinPoint Profits. Marty will explain more in just a few minutes - you don't want to miss any of this, because after we talk about CI for awhile I'm going to throw a couple of real estate technology questions his way. Wait til you hear his answers! How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.

Guest: Marty Coyne, Marty Coyne is the Chief Technology Officer of Connected Investors, the world's largest Real estate investing Community and Marketplace. Coyne plays a key role in shaping CI's technology strategy as Ci is experiencing explosive growth and making its presence known in Fintech. The transformational impact that technology can provide, has characterized Coyne's career in technology solution sales and as an executive at Motorola, where his teams drove more than $1B of new business revenue to his company and its partners. Leveraging that success, Coyne launched a global consulting practice helping lead many of the most recognizable names in the tech sector drive results bringing disruptive solutions to the market. www.connectedinvestors.com www.cix.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you're from!

• Andre, Pittsburgh, PA, "How do you find contractors? Most of the guys I talk to have a two month wait"
• Garth, Waukesha, WI, "I hear horror stories about contractors. How do I know I'm hiring the right person?"

Motivational Thoughts for the day

• Most opportunities come disguised as hard work. That's why most people don't recognize them. -Ann Landers

FAR 170 Expected Air Date: 07/16/18 Opening Your network is your net worth. We’ve heard that for years. The more you connect with people in this industry, or whatever industry you happen to be in, the more good things can happen. I can’t tell you exactly how or when those results might begin to benefit your life, but I can tell you that your best success as an entrepreneur will come from the people you meet, either investors, suppliers, customers, or even your fellow competitors. Today I’m going to talk to you about a giant in our industry, Connected Investors. They are one of the largest networking sites for real estate investors in the world. On their site you can find people in your area, or people in the area where you want to be, vendors, deals, money, just about anything you need. In a few moments we are going to be joined by Marty Coyne, the Chief Technology Officer for Connected Investors. We were talking at a conference recently - yes, NETWORKING! And he told me about a new product they had released. It’s an aggregation tool that puts a ton of seller leads all into one place -- a product they call PinPoint Profits. I expressed my doubts and Marty put it on the line. He asked me to use the product and see if it didn’t work. I did, and WOW. We’ve only been using it a few days now but we are stunned by the potential. We have hundreds of new leads and are already in contact with a few of the sellers. I’ll keep you posted as we go along, but so far I’m amazed and delighted to tell you about this. But Connected Investors is a LOT more than PinPoint Profits. Marty will explain more in just a few minutes - you don’t want to miss any of this, because after we talk about CI for awhile I’m going to throw a couple of real estate technology questions his way. Wait til you hear his answers! How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.  

Guest: Marty Coyne, Marty Coyne is the Chief Technology Officer of Connected Investors, the world's largest Real estate investing Community and Marketplace. Coyne plays a key role in shaping CI's technology strategy as Ci is experiencing explosive growth and making its presence known in Fintech. The transformational impact that technology can provide, has characterized Coyne's career in technology solution sales and as an executive at Motorola, where his teams drove more than $1B of new business revenue to his company and its partners. Leveraging that success, Coyne launched a global consulting practice helping lead many of the most recognizable names in the tech sector drive results bringing disruptive solutions to the market. www.connectedinvestors.com www.cix.com Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you’re from!

• Andre, Pittsburgh, PA, “How do you find contractors? Most of the guys I talk to have a two month wait”
• Garth, Waukesha, WI, “I hear horror stories about contractors. How do I know I’m hiring the right person?”

Motivational Thoughts for the day

• Most opportunities come disguised as hard work. That’s why most people don’t recognize them. -Ann Landers

FAR 169 Expected Air Date: 07/14/18 Opening I can't say enough about today's guest. Great heart, great energy, great knowledge, and willingness to share himself and his experience with everyone. Abhi Golhar is a 2x nationally syndicated radio host on the Wall Street Radio Network, author, blogger, and CIO of Summit & Crowne, a real estate investment firm in Atlanta. Golhar has been investing in businesses and real estate since 2002 and always used a "value-added" approach to identify acquisition. He educate thousands of people as a national speaker and on his daily radio and YouTube shows. Golhar enjoys working with investors to implement market-driven strategies which have the highest potential for success. Do you have questions about how you can set up your business to advance and finish well? Golhar has answers. Email him: [email protected]. Abhi took a non-traditional route into real estate investing, he started in it while still young! You'll hear his fascinating story coming up in just a few minutes. How to Reach us 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. Announcements:

• Lunch with me every Wednesday.
• 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.

Guest: Abhi Golhar Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: [email protected] Tell us where you're from!

• Fenton, St. Louis, MO "Is there a way I can work from the rent amount into a number I should pay for a house? I'm looking at paying $55,000 for a house I can rent out for $750. It seems like a good deal, but I don't know for sure."
• Alice, Atlanta, GA "I just heard about something called Debt Service Coverage Ratio. The presenter gave some numbers and I just nodded like I understood, but I had no idea what he meant. I knew right away I could just email you and get an answer."

Motivational Thoughts for the day

• When you want to succeed as bad as you want to breathe, then you'll be successful.
• Eric Thomas