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 exac...

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.

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: questions@flippingamericaradio.com 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 investm...

FAR 018 Opening Send those emails: questions@flippingamericaradio.com 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 investm...

Today we are joined by Erik Barlow and Avery Rucker from FundSource. Find out how you can get your deals funded. Editor's Note: Yeah we were a little thin on "show notes" sometimes in the early days.

FAR 020 Benjamin Franklin , Signer of the Declaration of Independence "[O]nly a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." This thought is brought to you by the Foundation for Renewal, working with communities to impact and improve lives. On the web at RenewalFund.net. Emails: From Stan in Boulder, CO. "How do I fire a contractor...

FAR 020 Email: Angelina from Austin, TX writes, "How can I take your training? I'm in Texas. Coming here soon?" Franklin from Boulder, CO asks, "You mentioned one time that you had hundreds of properties for sale across the country. Could I get a list?" FFR Quotes: President Dwight Eisenhower said, " "Our whole theory of government finally expressed in our Declaration...said...Man is endowed by hi...

FAR 022 We like to talk with people who are getting it done in the industry. Today we will have conversations with two successful investors, one from Austin, Texas and the other from the Washington DC area. We hope you will be informed, inspired, and encouraged to make the best decisions possible in your own real estate investing. We don't encourage everyone to drop what you're doing and start fli...

FAR 023 You need money to do this business. If you don't have your own money, you need either an investor or a lender, but somehow, you have to find the money. The best source of money for an individual deal is a Private Lender. But how do you find private lenders? And how do you get them to commit to funding your deals? Learn how today in my conversation with Jay Conner from Morehead City, NC.  E...

FAR 024 Topics: Re-selling your own home. Ideally, move most of your stuff out. Consider a service like PODS who will bring a storage unit to you, then move it to their secured space until you find your new place. Put EVERYTHING you won't need for a few months in it. Paint neutral colors. Buyers might like your color choices, but they also might not. A "blank canvas" is likely to appeal to more bu...

Yes the zero-down deals do exist in real estate investing but you will have to pass up 100 good deals to find one. In the meantime, you need operating capital. Our guest today, Bruce Mack, will show you how to have the capital you need to start your business, do your marketing, make your down-payments and interest payments on the houses you buy. All of this takes money and Bruce can put it into yo...

FAR 026 Topics: Reading from the Book: "The Ten Day Real Estate Investor" Introduction Chapter One Emails: Ron from Austin Texas, "I can't find any deals that fit the formula. I've been looking at properties for about 2 months and I've made 3 offers, but to no avail. Please help." Elsa from Albuquerque NM, "I have the capacity to do one deal at a time. However, I have two great deals in front of m...

FAR 027 Announcements: Tuesdays at 2. Free online coaching from the Flipping America guy Contractor Fails Two Renewal Quotes Topics: Is Home Ownership a good investment? The top Ten Real Estate Deals in American History The best time in History to invest in real estate? Jeff Reeves, a columnist for MarketWatch says yes. It's a Healthy Market, not a bubble. Realtor.com has create a "bubble index" P...

One of the biggest challenges facing investors who are either not Realtors or are out of their market area is active valuation. Our guest today, Mark Jackson has developed a solution for this problem. Hear about that and much more coming up.

This is the long awaited show -- your stories about Contractors and their failings. Sometimes dishonest, sometimes incompetent, always the source of -- let's say -- interesting situations with our rehabs. To be fair, there are plenty of good, honest, hard-working and competent contractors out there. They may even be in the majority, but the horror stories are prevalent. It usually takes some time,...

FAR 030 Topics: Remote flipping Infrastructure Local Investors Realtors Closing Personnel Contractors Local private investors Wholesale - get with local investors Retail - build a strong team. Emails: Henry from Ocala FL, "I'm not a realtor so I don't have access to the MLS. How can I come up with the ARV?" Welcome our new affiliate near Ocala, 97.7. The Villages. Research… InvestorCompsOnline.com...

FAR 031 Topics: Impact of Dodd Frank Repeal on home values.    Wholesale - get with local investors Retail - build a strong team. Emails: Clay from Atlanta, I sold a business and have some cash. A local investor wants me to partner with him by putting up some cash for a downpayment on one of the properties he wants to buy. He's done a few hundred flips and I've known him awhile. I trust him but I...

FAR 032 Topics: Emails: Andy, LaSalle Pennsylvania, "I have two great deals in front of me, but I don't have enough cash to do them both. What would you do?" Interview Guests: Maxine Frederick, Melissa Frederick, Monique Hayes BANK Code Sales Training

FAR 033 News and Questions Emails: Jeremy from Indianapolis How do you get your painter to do the work for $1.25k per square foot of floor space. I've talked to 2 painters and they want $2 or $2.50 per square foot. 1400 sf house. 2 guys, 2 days. If he pays those guys $20/hour that's $320 in labor. $600 for paint. He will have about $160 in Workmans Comp. His only other costs are the wear and tear...

FAR 034 Topic A Day In the Life of an Active Investor Emails: Jeremy from Indianapolis How do you get your painter to do the work for $1.25k per square foot of floor space. I've talked to 2 painters and they want $2 or $2.50 per square foot. 1400 sf house. 2 guys, 2 days. If he pays those guys $20/hour that's $320 in labor. $600 for paint. He will have about $160 in Workmans Comp. His only other c...

FAR 035 Topics: Hiring a Realtor - "hiring a Realtor" keynote from F&F course

FAR 036 Topics: In the news: Seattle is the #1 residential market in the US in terms of growth and heat (not necessarily value). Emails: Ronnie from Boulder CO, "I have kind of a dumb question. How do you pick a name for your company? Mike from Ocala, FL, "I'm interested in this, but completely new to the idea. How do I get started?" Courtney from Atlanta, "I'm in the insurance business but thinki...