Flipping America

Seminar Seduction


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FAR 178 Seminar Seduction Expected Air Date: 8/20/18 Opening If you’ve been around this business awhile, going to networking meetings or REIA groups, you’ve seen it - the tire-kicker. Or as we sometimes refer to the person - the Seminar Junkie. It took me about two visits to the group to realize that the vast majority of people who attend these meetings or belong to the networking groups are never going to actually do anything. I am the official organizer of three meetup groups in the Atlanta area with a combined membership of just over 5,000 people, which sounds pretty impressive until I share with you that I think out of the three groups perhaps 50 people are active investors and maybe 10 of those are doing this as their full-time job. I’m not criticizing the other group members. Some are gathering information and considering their options. Some are highly motivated and are planning their new career as well as the exit from their current career. Some are just lonely and want to meet people, so they join meetup groups. It’s all fine. My concern is primarily for the self-deluded. These are the people who think they want to be in this business, and really intend to be, but there is something in their psyche that prevents them from taking action. I’m pretty sure I don’t know how to get anyone over that hurdle, because I never had to engage in conscious steps to take action - it’s just always been a part of me. But I’m going to do what I can to help you today to overcome Seminar Seduction. And ironically, I’ll be offering my seminar to you today on the show, coming up in a few moments. Did you know that there are nearly two dozen United States cities that are predicted to have an AVERAGE home price of over a million dollars by mid 2019? I’ll tell you where they are in just a few minutes. You’ll be very surprised at a few of them. That plus more news, information, and a scam alert coming up. How to contact 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:
  • The Flipping America Mentoring Program, August 28-31, Sandy Springs, GA
    • Menternship Also.
      • Ten Deal Sources explored and explained.
      • Complete Deal Analysis.
      • Finding the re-sale value of any residential property in the U.S.
      • How to estimate repairs from your desktop.
      • How to finalize a repair estimate through a site visit.
      • How to set up a web site for your business.
      • Structuring your business for effectiveness and asset protection
      • Understanding the various ways to get your deal funded.
      • Learn creative deal structures.
      • The mini-course in negotiating
      • The full course in renovation.
        • How to find, vet, and hire contractors.
        • How to manage the process
        • How to solve the inevitable problems that arise.
      • Learn how you could get your deal 100% funded - not just your next one, but every deal you ever do from now on.
      • Get all the forms, the documents, the checklists, the procedures
      • Get the scripts for your conversations
        • Hiring questions for realtors and contractors
        • Answering the phone
        • Talking to sellers
          • Build rapport
          • Get key information
          • Learn motivation
      • The course comes with on-going weekly group coaching calls
      • You also get one-on-one guidance through your first four flips.
    • This is the three day dive into a year’s worth of training and guidance. But our commitment to you doesn’t end in one year. We are with you at LEAST through your first four flips and definitely until you have more than doubled your training investment.
    • What is the investment? What is reasonable? Let’s talk about $50,000.
    • The cost is $12,967, but if you use the coupon code “radio” your cost is $9,967.
    • Go to www.flippingamericanetwork.com/Mentoring and sign up today. We only take about 10 people per class and several have already signed up. There’s just a few seats left.
  • Lunch with me every Wednesday.
  • Monday the 27th of August, speaking at the West REIA, Cherokee Cattle Company, Marietta, GA
  • 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.forbes.com/sites/forbesrealestatecouncil/2018/07/09/15-surprising-real-estate-trends-impacting-2018/#507c4b1a4c5e
  • https://www.pwc.com/us/en/industries/asset-wealth-management/real-estate/emerging-trends-in-real-estate.html
  • Your Top Resource for what’s happening in the world of real estate. https://www.flippingamericanetwork.com/
  • https://www.mlive.com/news/flint/index.ssf/2018/08/police_warn_residents_about_on.html
  • https://www.zillow.com/research/cities-with-1-million-home-value-20950/
  • https://www.marketwatch.com/story/why-real-estate-investors-should-still-steer-clear-of-turkey-even-as-the-lira-rebounds-2018-08-18
Emails: [email protected] Tell us where you’re from!
  • Francesca, Providence RI, “I want to wholesale properties. How do I set a price?”
  • Eliot, Monroe, GA, “I live in a small town, but there is a nice lake and resort nearby with lots of lakefront second homes. Can you suggest an investing strategy for me?”
  • Carter, Las Vegas, NV, “I’ve been to few real estate seminars and read a couple of books on investing, but I still don’t believe I’m ready to take the plunge. I need a clear concise guide on getting started. Can you help me take the next step?”
  • Vincent, Macon, GA, “It seems that all the great deals are in a bad part of town. Is that true everywhere? How do I make any money there?”
  • Elise, Port St. Lucie, FL, “I really liked the show you did on smart home technology. Can you talk a bit about the technology, programs, apps, and other solutions you use in your real estate business?”
Motivational Thoughts for the day
  • "People often say that motivation doesn't last. Well, neither does bathing -- that's why we recommend it daily." -- Zig Ziglar
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Flipping AmericaBy Roger Blankenship

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