Flipping America

FAR 052 Live from Flipping Atlanta! Interview Guests: Stacy Rosetti: “Hiring and Managing Contractors, Part 2”

FAR 053 Topics: "FlipStarter" is September 23-24. EJ Lashlee Jennifer Hammonds Jay Conner Bruce Mack Banks Brazell Roger Herring Karen Anderson What you need to know to jump on one of the best business opportunities in America. Trends: Use of Technology. Tell me how you use this tech in your business! [email protected] Tell us where you're from! News: The Hamptons again - High end properties are just sitting there. Today's young wealthy don't appear to want the mega mansions. Matt Laurer just reduced the price on his home in the Hamptons by $2M. Scams: You've been approved! Edutainment Story of the day Joey went out and inspected the two brand new HVAC units at his flip. He then went back to the office and cut the check to pay the contractor for them. He was back out at the property two days later and the brand new units had been stolen. It didn't look like an amateur hack job. Someone had taken the time to properly disconnect the units. After filing the police report, what did Joey do next? He led the police to the home of his HVAC guy and lo and behold, there they were, sitting on his trailer. The HVAC guy at first claimed they were not Joey's but had just been purchased for another job. How did Joey prove his case? He produced his phone with multiple pictures of the units, and the metal tag with their serial numbers! Motivational Thoughts for the day Overcoming Fear: Set your goals Make your plans Mitigate Risks Mentor Up Dip Your Toe(?) Make the Plunge Emails: [email protected] Tell us where you're from! J.M. from Nashville, TN. Please explain the difference between "Lease Purchase" and "Lease Option". Which should I use in leasing out a property I want the people to buy. The house is about a 45 minute drive and I don't want to run out there and replace light bulbs or unclog toilets." Carl from Sandy Springs, GA "I can't tell by just looking at a house how much it is going to cost to rehab. And if I don't know that number I can't use your formula to make an offer. Please help. I'm stuck."

FAR 053 Topics: “FlipStarter” is September 23-24. EJ Lashlee Jennifer Hammonds Jay Conner Bruce Mack Banks Brazell Roger Herring Karen Anderson What you need to know to jump on one of the best business opportunities in America. Trends: Use of Technology. Tell me how you use this tech in your business! [email protected] Tell us where you’re from! News: The Hamptons again - High end properties are just sitting there. Today’s young wealthy don’t appear to want the mega mansions. Matt Laurer just reduced the price on his home in the Hamptons by $2M. Scams: You’ve been approved! Edutainment Story of the day Joey went out and inspected the two brand new HVAC units at his flip. He then went back to the office and cut the check to pay the contractor for them. He was back out at the property two days later and the brand new units had been stolen. It didn’t look like an amateur hack job. Someone had taken the time to properly disconnect the units.  After filing the police report, what did Joey do next? He led the police to the home of his HVAC guy and lo and behold, there they were, sitting on his trailer. The HVAC guy at first claimed they were not Joey’s but had just been purchased for another job. How did Joey prove his case? He produced his phone with multiple pictures of the units, and the metal tag with their serial numbers! Motivational Thoughts for the day Overcoming Fear: Set your goals Make your plans Mitigate Risks Mentor Up Dip Your Toe(?) Make the Plunge Emails: [email protected] Tell us where you’re from! J.M. from Nashville, TN. Please explain the difference between “Lease Purchase” and “Lease Option”. Which should I use in leasing out a property I want the people to buy. The house is about a 45 minute drive and I don’t want to run out there and replace light bulbs or unclog toilets.”   Carl from Sandy Springs, GA “I can’t tell by just looking at a house how much it is going to cost to rehab. And if I don’t know that number I can’t use your formula to make an offer. Please help. I’m stuck.”

FAR 054 Expected Air Date: 8/17/17 Topics:

• "FlipStarter" is September 23-24.
• EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts.
• Jennifer Hammonds, Jennifer Hammonds show. Realtor and investor extraordinaire.
• Jay Conner. America's private money authority
• Bruce Mack. Founder of Platinum Finance
• Banks Brazell, ReBuild Co,
• Roger Herring, The Investors Accountant
• Karen Anderson, Digital Marketing and List Consultant
• Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income.
• What you need to know to jump on one of the best business opportunities in America.

Trends: [email protected] Tell us where you're from!

• Stacy from Atlanta: I use Social Media to showcase our before and after pictures from our flips. SEVERAL people had this response.
• Bill from Akron: I use mobile apps like Takl and TaskRabbit to find people for smaller jobs in my business.
• Francine, Lancaster PA. I use videos to show work in progress on my houses, stream to FB, and send a copy to my private money lender. It builds credibility and provides a good update.
• Donna from Atlanta: Everyone gets a TON of email every day. I send out my wholesale deals via text message. They get read almost every time.
• Mark from Tallahassee: I use a service that allows me to leave a voice mail on someone's phone without ever calling them. I use this to remind them of our meetup group, announce when I have a wholesale deal, or anything important like that.

News: Headline: "Will the hot Texas real estate markets ever cool off?" Biggest Non News: REIT is about to pay out a dividend of $0.02 per unit. Fastest Growing RE Companies in the Fortune 500 Ethereum Based Crowdfunding REX - the big news of the day Emails: [email protected] Tell us where you're from!

• Carl from Sandy Springs, GA "I can't tell by just looking at a house how much it is going to cost to rehab. And if I don't know that number I can't use your formula to make an offer. Please help. I'm stuck."
• Bernie from Ocala, FL, "I own 23 rentals free and clear. I'm ready to sell them and I'm willing to owner finance. I want the income. Can you find me a buyer?"
• Not a realtor, but out of the 2 mil or so who might be listening I imagine we have a few buyers. Contact us here and we will put you in touch.
• Victor from Colorado Springs, CO "I found you on iHeart radio and love the show. I know I'm asking something that's been asked before, but I'm looking at an abandoned house that got partially burned about a year ago. I'm wondering how to figure out how much to offer.
• Melanie from Pittsburgh, PA. "I have been looking for funding for my deals. I found this source online that is offering to set me up with a $4M credit line. I filled out their application and was approved the next day. We are ready to go to a closing, but I am supposed to pay a 1% 'success fee'. They want that money before they will schedule the closing. That's $40,000. I don't really have that much right now. They suggested I borrow it from a friend and repay the friend once I close on the line. This doesn't feel right. Your thoughts?"
• Anderson from Hammond, IN "I applied online with a hard money lender. They appear to be reputable and I have some friends who have borrowed money from them, which is how I found them. They are asking me to pay a $500 application fee which they say will cover the cost of the appraisal and opening up a file. I remember you saying to never pay a lender up front, but this seems legit to me. Am I getting ready to make a big mistake?" Anderson named the lender in his email, which we are not going to name here, but we researched them and Anderson, they are a legitimate company. This amount is actually normal and customary.

FAR 054 Expected Air Date: 8/17/17 Topics:

• “FlipStarter” is September 23-24.
• EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts.
• Jennifer Hammonds, Jennifer Hammonds show. Realtor and investor extraordinaire.
• Jay Conner. America’s private money authority
• Bruce Mack. Founder of Platinum Finance
• Banks Brazell, ReBuild Co,
• Roger Herring, The Investors Accountant
• Karen Anderson, Digital Marketing and List Consultant
• Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income.
• What you need to know to jump on one of the best business opportunities in America.

Trends: [email protected] Tell us where you’re from!

• Stacy from Atlanta: I use Social Media to showcase our before and after pictures from our flips. SEVERAL people had this response.
• Bill from Akron: I use mobile apps like Takl and TaskRabbit to find people for smaller jobs in my business.
• Francine, Lancaster PA. I use videos to show work in progress on my houses, stream to FB, and send a copy to my private money lender. It builds credibility and provides a good update.
• Donna from Atlanta: Everyone gets a TON of email every day. I send out my wholesale deals via text message. They get read almost every time.
• Mark from Tallahassee: I use a service that allows me to leave a voice mail on someone’s phone without ever calling them. I use this to remind them of our meetup group, announce when I have a wholesale deal, or anything important like that.

News: Headline: “Will the hot Texas real estate markets ever cool off?” Biggest Non News: REIT is about to pay out a dividend of $0.02 per unit. Fastest Growing RE Companies in the Fortune 500 Ethereum Based Crowdfunding REX - the big news of the day Emails: [email protected] Tell us where you’re from!

• Carl from Sandy Springs, GA “I can’t tell by just looking at a house how much it is going to cost to rehab. And if I don’t know that number I can’t use your formula to make an offer. Please help. I’m stuck.”
• Bernie from Ocala, FL, “I own 23 rentals free and clear. I’m ready to sell them and I’m willing to owner finance. I want the income. Can you find me a buyer?”
• Not a realtor, but out of the 2 mil or so who might be listening I imagine we have a few buyers. Contact us here and we will put you in touch.
• Victor from Colorado Springs, CO “I found you on iHeart radio and love the show. I know I’m asking something that’s been asked before, but I’m looking at an abandoned house that got partially burned about a year ago. I’m wondering how to figure out how much to offer.
• Melanie from Pittsburgh, PA. “I have been looking for funding for my deals. I found this source online that is offering to set me up with a $4M credit line. I filled out their application and was approved the next day. We are ready to go to a closing, but I am supposed to pay a 1% ‘success fee’. They want that money before they will schedule the closing. That’s $40,000. I don’t really have that much right now. They suggested I borrow it from a friend and repay the friend once I close on the line. This doesn’t feel right. Your thoughts?”
• Anderson from Hammond, IN “I applied online with a hard money lender. They appear to be reputable and I have some friends who have borrowed money from them, which is how I found them. They are asking me to pay a $500 application fee which they say will cover the cost of the appraisal and opening up a file. I remember you saying to never pay a lender up front, but this seems legit to me. Am I getting ready to make a big mistake?” Anderson named the lender in his email, which we are not going to name here, but we researched them and Anderson, they are a legitimate company. This amount is actually normal and customary.

FAR 055 Expected Air Date: 8/19/17 Topics: "FlipStarter" is September 23-24. EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Jennifer Hammonds, Jennifer Hammonds show. Realtor and investor extraordinaire. Jay Conner. America's private money authority Bruce Mack. Founder of Platinum Finance Banks Brazell, ReBuild Co, Roger Herring, The Investors Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. What you need to know to jump on one of the best business opportunities in America. Trends: [email protected] Tell us where you're from! The New Normal in Real Estate Marketing for 2018 Live Streaming Content Marketing Digital Showings Social Media Marketing Drone footage and stills Interview Guest: Steve Gebhardt

FAR 055 Expected Air Date: 8/19/17 Topics: “FlipStarter” is September 23-24. EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Jennifer Hammonds, Jennifer Hammonds show. Realtor and investor extraordinaire. Jay Conner. America’s private money authority Bruce Mack. Founder of Platinum Finance Banks Brazell, ReBuild Co, Roger Herring, The Investors Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. What you need to know to jump on one of the best business opportunities in America. Trends: [email protected] Tell us where you’re from! The New Normal in Real Estate Marketing for 2018   Live Streaming Content Marketing Digital Showings Social Media Marketing Drone footage and stills Interview Guest: Steve Gebhardt

FAR 056 Expected Air Date: 8/21/17 Topics: "FlipStarter" is September 23-24. Jay Conner. America's private money authority EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Bruce Mack. Founder of Platinum Finance Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire. Banks Brazell, ReBuild Co, Roger Herring, The Investor's Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. When you register at FlipStarterEvent.com, you will also get 2 free tickets to What you need to know to jump on one of the best business opportunities in America. Construction and re-modeling houses Interview Guest: Banks Brazell

FAR 056 Expected Air Date: 8/21/17 Topics: “FlipStarter” is September 23-24. Jay Conner. America’s private money authority EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts. Bruce Mack. Founder of Platinum Finance Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire. Banks Brazell, ReBuild Co, Roger Herring, The Investor’s Accountant Karen Anderson, Digital Marketing and List Consultant Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income. When you register at FlipStarterEvent.com, you will also get 2 free tickets to What you need to know to jump on one of the best business opportunities in America. Construction and re-modeling houses Interview Guest: Banks Brazell

FAR 057 Expected Air Date: 8/24/17 Topics: Mark your calendar now and plan to attend "FlipStarter" is coming September 23-24. Join my special guests:

• EJ Lashlee, author of the True Trust Book and The Protection Book, Asset protection through Private Asset Trusts.
• Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire.
• Jay Conner. America's private money authority
• Bruce Mack. Founder of Platinum Finance
• Banks Brazell, ReBuild Co, a leading home builder and remodeler in the Southeastern US.
• Roger Herring, Founder of Investors' Accounting.
• Karen Anderson, Digital Marketing and List Consultant
• Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income.
• And of course, me, the Flipping America guy, Roger Blankenship. I've made my career in real estate investing primarily by doing it rather than talking about it. I've flipped hundreds of houses and I'm going to show you how to do it. I have a few techniques no one else uses or teaches, but I'm going to share them with you. Why?

Because we are going to tell you how to get started Flipping Houses and building wealth. It's not just owning a business, it's owning a wealth generation machine that will not only provide for you, but be a blessing to your children and grandchildren. And that's not all, when you purchase your ticket for only $97 for this two day event, my good friend Jay Conner is going to invite you to HIS event in October at no additional charge. That's right, two multi-day real estate training events for one low price. Sign up now at FlipStarterEvent.com. What you need to know to jump on one of the best business opportunities in America. Protecting Your Assets News:

• • Capital sources are shying away from one segment of the real estate market.. (Retail)
  • How are global economic issues affecting RE values in port cities?
  • Coming soon to a listing near you: 3D video walkthroughs.
  • China has introduced a new round of restrictions on capital leaving the country. - prob no effect.
  • The Top Five cities for Chinese Investment in RE: Los Angeles, Miami, NY, San Fran, Boston
  • First sign of the slowing in RE. One major American city had slower sales in July than a year ago - which one? Atlanta! Down 6.3% from a year ago. Watch your local inventory - 3 months supply is an average market. Ashley from Denver, CO: "What would be the signs that the real estate market is beginning to cool off?"

• Watch Days on Market avg. (less than 30 is sellers' market) OR

• Watch absorption rate (above 20% is sellers' market) OR

• How many months of supply? (less than 3 months is sellers' market).
• You can ask a realtor in your area any one of these questions and you'll get a pretty good idea. The key is to ask the same realtor the same question 3 months in a row so you can track a trend.

Emails: [email protected] Tell us where you're from!

• Sean from Boulder, CO: I have some rental properties in Alabama and Georgia. I've been told that one of the houses has termites and I need to get it treated. They want $1500 and have some sort of system and seems like a baiting type thing. I am not familiar with it, but I did look it up on the internet. I thought I'd check with someone who may have some experience with this issue before deciding what to do.
• Jenni from Lancaster PA: Enjoyed listening to Mr. Brazell. Where did you find him and where could I go to find someone like him?
• Donna from Pittsburgh PA: I bought a rental house in suburban Birmingham. The house is on a septic tank. I'm unfamiliar with this system so I read about it on the internet. Is it true that I need to have someone pump the tank every year? It seems like everyone saying that is also in the pumping business, so I'm suspicious.

Interview Guest: EJ Lashlee