Flipping America

FAR 013 Announcements: Remember the website and email have been down. If you sent an email and it bounced back, please re-send. Today’s show We a  re going to finish the conversation about Contractors, contracts and vital construction documents. Updates: The other day Joe Thompson: “If at first you don’t succeed, then go back and do what your coach told you to in the first place.” Eriq: doing exactly what I tell him to do. Last week he drove several subdivisions, found 60 possibly vacant homes. Did his research, mailed letters, and over the weekend made 27 offers. Today he reports that two of his offers have been accepted! Remember, he’s 20 years old. Does he know what to do next? Nope. But that’s the beauty of our training. I’m working with him on the next steps and the ones after that until we have fixed the properties and sold them to new homeowners. Anna from Houston writes: “I can’t get realtors to find deals for me. I’ve told them I want to buy several houses but I never hear anything back from them. Why are they so un-interested in helping me. Don’t they realize they would be making money?” Big Rehab Steps During DD, Walk property Create Scope of Work Solicit Bids Cancel or renegotiate purchase agreement if too high Select Winning Bid Hold Mobilization Meeting Sign Contract Verify the 8 Essential Docs Begin Work Visit often, irregular schedule Updates Daily Photos Weekly, same spot Payments with Interim Lien Waivers Final Inspection and punch list Final Payment and final lien waiver

Malhar Bhagat joins us today and shares his amazing story of how, driven by desperation, he began investing in real estate and turned his life around. Stay tuned for his amazing story.

Malhar Bhagat joins us today and shares his amazing story of how, driven by desperation, he began investing in real estate and turned his life around. Stay tuned for his amazing story.

We are joined today by Ramon Tookes, noted Atlanta investor and Founder of Flipology, a real estate training program.

We are joined today by Ramon Tookes, noted Atlanta investor and Founder of Flipology, a real estate training program.

Noted strategist and consultant Hugh Ballou joins us today to discuss proper structure for your business (or non-profit).

Noted strategist and consultant Hugh Ballou joins us today to discuss proper structure for your business (or non-profit).

FAR 018 Opening Send those emails: [email protected] Ashley, from Oconomowoc, WI writes: My husband and I are thinking about investing in a cabin near a local ski resort. It seems like a good purchase for us, but when we look at the numbers we would need for it to be rented out half of the weekends of the year to break even. What are your thoughts about vacation rentals as investments? Franklin from Pittsburgh asks: For a rental portfolio, single family, duplex, quad? What would you prefer? Suzanna heard the show while visiting Las Vegas but lives in Chattanooga, TN. She asks, "I've been thinking about this for awhile and I believe I could do this flipping thing. Where do I start? Show Guest Using your IRA to invest in Real Estate, with Mike Ventry from Advanta IRA. Conclusion: Let's Talk about Networking

FAR 018 Opening Send those emails: [email protected] Ashley, from Oconomowoc, WI writes: My husband and I are thinking about investing in a cabin near a local ski resort. It seems like a good purchase for us, but when we look at the numbers we would need for it to be rented out half of the weekends of the year to break even. What are your thoughts about vacation rentals as investments? Franklin from Pittsburgh asks: For a rental portfolio, single family, duplex, quad? What would you prefer? Suzanna heard the show while visiting Las Vegas but lives in Chattanooga, TN. She asks, “I’ve been thinking about this for awhile and I believe I could do this flipping thing. Where do I start? Show Guest Using your IRA to invest in Real Estate, with Mike Ventry from Advanta IRA. Conclusion: Let’s Talk about Networking

FAR 018 Opening

Send those emails: [email protected]

Ashley, from Oconomowoc, WI writes: My husband and I are thinking about investing in a cabin near a local ski resort. It seems like a good purchase for us, but when we look at the numbers we would need for it to be rented out half of the weekends of the year to break even. What are your thoughts about vacation rentals as investments?

Franklin from Pittsburgh asks: For a rental portfolio, single family, duplex, quad? What would you prefer?

Suzanna heard the show while visiting Las Vegas but lives in Chattanooga, TN. She asks, "I've been thinking about this for awhile and I believe I could do this flipping thing. Where do I start?

Show Guest

Using your IRA to invest in Real Estate, with Mike Ventry from Advanta IRA.

Conclusion:

Let's Talk about Networking