Flipping America

We have a double feature for you today! Avery Carl wants to be your money-making vacation home realtor. I know this may not seem like the best time to be talking about this but the pandemic and the social distancing will not last forever. Eventually people are going to get back to work and get back to vacationing. And there will be some bargains in the vacation home market. Avery and her team will...

Life doesn't usually go as planned. We don't put "big mistakes" in our three year plans. And NO ONE had "global pandemic" in their business model for 2020. But this doesn't mean we forget we have a business to run and mouths to feed. Tough things happen and the tough power through them. The economy has been battered. Most of us are staying home. Business is definitely NOT normal. This is a good ti...

For many years now I have been following from afar the exploits of Motley Fool. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through their website, podcasts, books, newspaper column, radio show, and premium investing services. They believe that investing is empowering, enriching, and fun. As part of their service they have a s...

We are continuing today with our panel discussion titled "Next Steps for Investing During a Real Estate Pandemic." with our guest panelists,  Jeff Holst, Darlene Coquerel, and Michael Green. Show number 349 was part 1. This is part 2. And Next week we continue this series with "Don't Just Survive - THRIVE" and we will be joined by Rod Kleif and Kathy Fettke. We continue now with the call recorded...

You hear a lot of talk about deal marketing but how does it actually happen? At some point, every single family real estate investor ought to try and speak with actual homeowners who need to sell their home. Short of bidding at the courthouse foreclosure auctions with a wad of certified checks in your pocket, this is the best way to buy property. And because you have the opportunity to use creativ...

We've talked a lot on this show about using free resources to perform property analysis. If you are a hobbyist or just breaking in to the business and have a limited budget, you should check out our information on that. But as soon as you have some money to spend for your deal research and analysis, you should look into PropStream. This program is going to help you reach more leads, book more appo...

It's hard to find an opportunity to talk about anything OTHER than the pandemic right now. This week we begin mentally taking control of our destinies by making a conscious choice to move forward while taking every precaution recommended by local state and federal authorities. We will make progress mentally, virtually, and this will translate soon to real life.  Thursday night we did a second call...

Even in the midst of the coronavirus crisis, with all that is going on in the world, we real estate investors need to be aware of a couple of important facts. 1. This isn't going to last forever. 2. When it's over, people are still going to buy and sell homes. And 3. Thanks to ever improving online tools we can get a lot done from the comforts of our homes. Just yesterday I closed on the sale of f...

I have previously predicted the top three real estate investing trends for 2020 and I'm going to repeat them in a moment. The growth is going to be interrupted by the current corona virus crisis, which is, as I speak shutting down entertainment, business, airlines, travel, and entire industries. We are sensitive those directly impacted by the illness from the virus but at the risk of appearing ins...

There really is nothing new under the sun. Even today's freshest sounding ideas only sound that way because it has been awhile since they were popular. This is true in real estate investing. Someone starts doing Technique A which generates massive profits. They tell their friends, then teach a course on it and pretty soon EVERYBODY is doing Technique A. Then someone rediscovers Technique Q, which...

You want to reap the benefits of investing in real estate without all -- or without any -- of the work. This show is for you. There are several ways you can do this, but one of them is to purchase a Turn-Key Rental and that's what we are talking about today. In a few moments I'll be joined by Antoine Martel who started right out of college investing in rental properties - NOT in California where h...

Today we are getting an update on developments with short-term Rentals from Pam O'Dell, Executive Director of the Short Term Rental Owners Association of Georgia. The legislature is in session and there are interesting developments. Government involvement and interference with real estate development is nothing new. You don't have to look far to find examples of higher prices and slower developmen...

"If you don't know where you're going, any road will take you there." This quote is from Alice in Wonderland by Lewis Carroll. Yogi Berra put a famous twist on this by saying "If you don't know where you're going you'll end up someplace else."  "Our plans miscarry because they have no aim. When a man does not know what harbor he is making for, no wind is the right wind." Seneca In absence of visio...

On our last show we played part of a call held on Thursday March 19 for the Flipping America REIA Group. Our esteemed Panel consisted of Gordon Catts, Ramon Tookes and Logan Mohtashami. The call lasted longer than we could get into one show so today we will play the rest of the call for you, but we need to update you on the rapidly changing situation. In fact, by the time you hear this, I'm sure t...

A week ago I noted that nearly half of the newspaper and media stories were about the COVID-19 virus (and I'm going to try and stop using Corona virus out of respect for Corona Beer and Corona Cigars, neither of which had anything to do with this). This morning as I read the newspaper, 9 out of 10 stories were either about the pandemic or the effects of the pandemic. US cases as of today, March 19...

A couple of weeks ago in our show prep we came across a new way to buy houses with a company called FLEQ. I said at the time I wanted to get the founder, Todd Sherer, on the show. And today we are delivering on that. Todd has been around in the mortgage and finance business for many years and he has created a business model that I believe has a chance to fill a real need. Buyers can now buy a hous...

If you're a regular listener to this show you know that I often ask my show guests what they really wanted to be when they grew up. My point behind this is to demonstrate that life doesn't always turn out like we planned, but people have often found a nice "Plan B" in the realm of real estate. Today's guest, Michael Green, saw a lite-nite infomercial with Carlton Sheets when he was thirteen years...

What if you could make $10,000 more on every flip, simply by paying less for capital? What if you could access large lines of credit with NO personal guarantees and not attached to your personal credit? How many more deals could you do? What would it add to your bottom line? How different would your life be 5 years from now if you could do two more profitable deals each year between now and then?...

Kathy Fettke is back with us today discussing Real Estate Syndication. She will talk about what it is and a little bit about how to set it up. Very specifically what NOT to do. Then we are going to talk about a few of her current projects. If you are looking to invest passively in real estate projects, you want to stay tuned, because Kathy has a long history of success. She is credible, effective,...

Attention America, there is a NEW way to buy a house without a mortgage. It's called FLEQ. We are working on getting someone from the company on the show, but I'm going to explain this unique approach to home ownership as best I can in a few minutes. Plus we have some real estate news for you today! FICO has changed the rules for credit scoring and don't you just love that? And we have grouped sev...

More and more real estate investors are showing up every day and it's getting more difficult to find good deals. The newbies are paying too much and it looks like the opportunity has played out. Where can we go to find new opportunities and use what we have learned? What a show we have for you today! Thank you to all of you who are piling on the questions about real estate. Last show we answered s...

Today we are going to deal with one of the most often asked about topics that come to the show. Finding contractors. Or more specifically, finding GOOD contractors. A good contractor can make your business and a bad one can break it. Ask me how I know this. In a few minutes I will tell you what type of contractors you might need, how to find them, how to vet them, and how to manage them. All of th...

We are getting a lot of questions about the Flipping America REIA so we've stored them up and today will answer as many of them as we can. I have some interesting news and the first lists of 2020, all coming up in a few minutes. Also today I'm going to introduce you to the new "Carpenter Index" from the American Enterprise Institute. The question behind the premise of the Carpenter Index is "they...

Today we are going to dedicate some time to answering your real estate questions. They've been building up for a minute and some of you have asked basic questions that need an answer. If you have questions about real estate or real estate investing, send them to questions@rogerblankenship.com . Or you can go to the website, rogerblankenship.com and leave us a voice mail. We promise you an answ er...

We have a great show coming up today. As of January 1, 2020, every real estate wholesaler in Illinois is required by law to be a licensed real estate agent. As you can imagine this has caused quite a stir in the real estate investing community. Wholesalers are coming out and accusing the Realtor lobby and the state of Illinois of a money grab. Others say the wholesaler community has brought this o...