Flipping America

FAR 067 Expected Air Date: 9/17/17 News:

• Partners REIT announces distribution of $0.02083 per unit. 2 cents per unit. So my 1000 units would make me $20! There are 45,731,683 Units outstanding. Thus the payout is $952,591.
• Billboard for Offerpad. We will buy your home. Sounds great. Another version of “if I can’t sell your home I’ll buy it for cash.” Offers appear to be 12% below current value, when all fees are factored in.
• Article CNBC. Flipping on the decline as prices increase. 5.6% 2nd quarter, 6.9% 1st quarter.
  • According to NAR, 5M existing homes sold in the US in 2016.
  • 300,000 sold by investors or house flippers. (6%)
  • Avg price, 240,000.
  • RE Investors sold $72B in 2016. Not a trifling amount.

Scams:

• Corey, from West Allis, WI “When is it OK to give my contractor money up front. All of the contractors I speak with want half the money before they will begin the work. What should I be doing to protect myself?”
• Scam is where someone gets your money for nothing (or very little effort).
  • Pre-payment for loan
  • Pre-payment for remodeling

Emails: [email protected] Tell us where you’re from! Freddie, from Cleveland, GA: I’m looking at buying a manufactured home as a rental. It’s only $3,000 and I can get $350/month for it. It’s in rentable condition now and it’s on a lot that comes with the purchase price. What else should I be considering?

• I’ll take it!
• What’s the value of the land?
• Consider selling under an installment land contract.

Damon, from Akron, OH: “What is the most I should pay for my first flip?” Andy, from Snellville, GA: “I cracked up when I heard your answer to the lady from Rhode Island asking if she could get all the information about flipping houses for free on the internet. Would you spend a little more time going over all those topics again? It sounds pretty complex.”

FAR 068 Expected Air Date: 9/21/17 Emails: [email protected] Tell us where you're from!

• Randall from Huntsville, AL: I'm new to investing and would like to hear all the options available to me for funding my first deal.
• Chastity is from Providence, RI: We are about to buy a small house up in Lincoln and it looks like a pretty good deal. While doing our diligence we have discovered that this house and every house on the street are in a Historic District. It's just an ordinary looking 1300 sf 3/1 built in the 1940's. Please help us with anything you can about buying a home in a designated "historic" area.
• Alison from Waco, TX: Please talk more about where to find house deals. I know you talk about wholesalers, but I don't know where to find them.
• Robert from Indianapolis, IN: I have money and want to loan to a local investor who is flipping a property. How do I protect myself?

FAR 068 Expected Air Date: 9/21/17 Emails: [email protected] Tell us where you’re from!

• Randall from Huntsville, AL: I’m new to investing and would like to hear all the options available to me for funding my first deal.
• Chastity is from Providence, RI: We are about to buy a small house up in Lincoln and it looks like a pretty good deal. While doing our diligence we have discovered that this house and every house on the street are in a Historic District. It’s just an ordinary looking 1300 sf 3/1 built in the 1940’s. Please help us with anything you can about buying a home in a designated “historic” area.
• Alison from Waco, TX: Please talk more about where to find house deals. I know you talk about wholesalers, but I don’t know where to find them.
• Robert  from Indianapolis, IN: I have money and want to loan to a local investor who is flipping a property. How do I protect myself?

FAR 069 Expected Air Date: 9/25/17 Topics: Mark your calendar now and plan to attend "FlipStarter" is coming October 21 and 22. . Join my special guests:

• EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services. He will be speaking about asset protection through Private Asset Trusts.
• Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I've attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you're from!

• Julio from Brighton, CO: "I hear you say you want to be "all-in" at 70% but I'm not sure what you mean by that. Would you mind going over that?"
• Alison from Waco, TX: Please talk more about where to find house deals. I know you talk about wholesalers, but I don't know where to find them.
• Teddy from Long Beach, CA. I've flipped four houses in the past 18 months. I want to quit my job to focus on this full time. How do I know when it's the right time to quit?
  • Replacing salary - MORE than
  • Cash reserves - 1 year of salary
  • Consider the cost of benefits
  • Study the systems and processes you will need to scale up.
  • Increased volume = increased overhead - staff.
• Stan from Lincoln, NE, "I know you have to get a certain percentage of stupid questions. How do you deal with those?"
• Brittany from Chattanooga, TN, "I'm looking at an older home in the Highland Park area. I noticed that the house still has a fuse box. Am I going to need to upgrade the electrical and if so, what will it cost?"
• Howard from Bridgeport, CT "I can't make it to Atlanta for your FlipStarter event. Are you going to record it? Will it then be available in some format?"

FAR 069 Expected Air Date: 9/25/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 21 and 22. . Join my special guests:

• EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts.
• Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you’re from!

• Julio from Brighton, CO: “I hear you say you want to be “all-in” at 70% but I’m not sure what you mean by that. Would you mind going over that?”
• Alison from Waco, TX: Please talk more about where to find house deals. I know you talk about wholesalers, but I don’t know where to find them.
• Teddy from Long Beach, CA. I’ve flipped four houses in the past 18 months. I want to quit my job to focus on this full time. How do I know when it’s the right time to quit?
  • Replacing salary - MORE than
  • Cash reserves - 1 year of salary
  • Consider the cost of benefits
  • Study the systems and processes you will need to scale up.
  • Increased volume = increased overhead - staff.
• Stan from Lincoln, NE, “I know you have to get a certain percentage of stupid questions. How do you deal with those?”
• Brittany from Chattanooga, TN, “I’m looking at an older home in the Highland Park area. I noticed that the house still has a fuse box. Am I going to need to upgrade the electrical and if so, what will it cost?”
• Howard from Bridgeport, CT “I can’t make it to Atlanta for your FlipStarter event. Are you going to record it? Will it then be available in some format?”

FAR 070 Expected Air Date: 9/28/17 Topics: Mark your calendar now and plan to attend "FlipStarter" is coming October 21 and 22. . Join my special guests:

• EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services. He will be speaking about asset protection through Private Asset Trusts.
• Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire.
• Jay Conner. America's private money authority
• Bruce Mack. Founder of Platinum Finance
• Pat Dornan, developer of the "Ultimate Rehab Estimator" and author of "Expect the Unexpected."
• 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I've attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Interview Guest: Pat Dornan - Ultimate Rehab Estimator

FAR 070 Expected Air Date: 9/28/17 Topics: Mark your calendar now and plan to attend “FlipStarter” is coming October 21 and 22. . Join my special guests:

• EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services.  He will be speaking about asset protection through Private Asset Trusts.
• Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire.
• Jay Conner. America’s private money authority
• Bruce Mack. Founder of Platinum Finance
• Pat Dornan, developer of the “Ultimate Rehab Estimator” and author of “Expect the Unexpected.”
• 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Interview Guest: Pat Dornan - Ultimate Rehab Estimator

FAR 071 Expected Air Date: 10/2/17 Topics:

• Like us on Facebook.
• Join us every Tuesday at 2 for free interactive real estate coaching.

The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I've attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you're from!

• Jake, from Bristol, VA "How is big city investing different from small town investing? How are they the same?"
• Andrew from Jackson, MS "What are the top three things to consider in buying a rental house?
  • Consider buying small multi-family instead
  • Actual cash flow
  • Potential long-term upside
  • Keep it small.
  • Buy a low maintenance home
• Lisa, Roswell, GA "I'm a realtor, but not really an investor -- yet. As I search the MLS for possibilities, what should I be looking for?"
• Shawn, Paoli, PA, "I got an offer accepted on a bank-owned house. But now I can't find anyone who will loan me the money to get it and fix it. I have perfect credit, but no prior experience. Any suggestions?
  • Wholesale
  • Mentor - split profits
• Tom, Arvada, CO, "I found a HM lender to do a deal, but now I'm four days from closing and they sent me the settlement statement. I have to come to closing with close to $50,000! I don't have it. And I don't know what to do."

Interview Guest: Karen Anderson, Direct Marketing Consultant.

FAR 071 Expected Air Date: 10/2/17 Topics:

• Like us on Facebook.
• Join us every Tuesday at 2 for free interactive real estate coaching.

The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I’ve attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you’re from!

• Jake, from Bristol, VA “How is big city investing different from small town investing? How are they the same?”
• Andrew from Jackson, MS “What are the top three things to consider in buying a rental house?
  • Consider buying small multi-family instead
  • Actual cash flow
  • Potential long-term upside
  • Keep it small.
  • Buy a low maintenance home
• Lisa, Roswell, GA “I’m a realtor, but not really an investor -- yet. As I search the MLS for possibilities, what should I be looking for?”
• Shawn, Paoli, PA, “I got an offer accepted on a bank-owned house. But now I can’t find anyone who will loan me the money to get it and fix it. I have perfect credit, but no prior experience. Any suggestions?
  • Wholesale
  • Mentor - split profits
• Tom, Arvada, CO, “I found a HM lender to do a deal, but now I’m four days from closing and they sent me the settlement statement. I have to come to closing with close to $50,000! I don’t have it. And I don’t know what to do.”

Interview Guest: Karen Anderson, Direct Marketing Consultant.

FAR 072 Expected Air Date: 10/05/17 Topics: Mark your calendar now and plan to attend "FlipStarter" is coming October 20 and 21. . Join my special guests:

• EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services. He will be speaking about asset protection through Private Asset Trusts.
• Jennifer Hammond, Host of The Jennifer Hammond show on Sirius/XM Radio The Urban View. Nationally acclaimed realtor and investor extraordinaire.
• Jay Conner. America's private money authority
• Bruce Mack. Founder of Platinum Finance
• Pat Dornan, developer of the "Ultimate Rehab Estimator" and author of "Expect the Unexpected."
• Roger Herring, Founder of Investors Accounting.
• Karen Anderson, Direct 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 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. The FIRST 20 people who sign up for FlipStarter can save 20% off the admission cost by using the coupon code HOT20. I flipped 75 houses before I finally decided to go to a seminar about flipping houses. I wanted to improve my techniques. Over the years I've attended many training events and I can confidently tell you that FlipStarter is unlike any real estate investor training out there. See for yourself at FlipStarterEvent.com. Emails: [email protected] Tell us where you're from!

• Jake, from Bristol, VA "How is big city investing different from small town investing? How are they the same?"
• Lisa, Roswell, GA "I'm a realtor, but not really an investor -- yet. As I search the MLS for possibilities, what should I be looking for?"
• Shawn, Paoli, PA, "I got an offer accepted on a bank-owned house. But now I can't find anyone who will loan me the money to get it and fix it. I have perfect credit, but no prior experience. Any suggestions?
  • Wholesale
  • Mentor - split profits
• Tom, Arvada, CO, "I found a HM lender to do a deal, but now I'm four days from closing and they sent me the settlement statement. I have to come to closing with close to $50,000! I don't have it. And I don't know what to do."