Flipping America

It's about that time of year again for small businesses everywhere - tax return time! Today I'm introducing you to someone who can really help.  Introducing Keven O'Leary's (Mr. Wonderful on Shark Tank) small business tax service, called "Tax Hive". Put your business in overdrive. Their plans include monthly training, online education tools, unlimited tax consulting services, IRS audit protection...

Flipping houses is popular and is the subject of many TV shows. But it isn't for everyone. In fact, it's probably not for MOST people. There are many ways to invest in real estate and you should consider all your options before launching. For some the skills required are not a good fit. For others it's the money required.  I want you to take a comprehensive and honest look at yourself before embar...

You have questions. Lots of them. Lots more than I could get into the previous show so today I'm continuing to answer your questions.  If you have questions about real estate or real estate investing, send them in an email to questions@flippingamerica.net . We will answer your question within 24 hours and we might end up using it on a show like this. We like helping people and we like getting ques...

You have questions. I have answers. I know a thing or sixty about real estate and today I will tell you 17 of them. More in Show 456.  Mindset Moment: I was thinking the other day about our perception of life. Dianna and I have a friend who lives in our building (a nice midtown Atlanta high rise), has a great government job with high pay, good job security and great benefits. She might be the unha...

For many, financial freedom seems like only a dream. We are trapped in our jobs - an endless cycle of working all day, stretching our paycheck to make ends meet, and hopefully saving a little for a rainy day. Nothing in that picture looks like freedom. Is it possible? Spoiler alert: Yes. and today we will share some of the steps to get there.  How well do you fit society's mold? Get an education....

If your ultimate goal is financial freedom, then your ultimate target is passive income. If passive income is what you seek, multi-family residential investing is what you need. Today we are going to give you a jump start in that direction.  Rod Khleif is joining us to talk about buying multi-family and how you can get started. Rod is one of the larger multi-family investors in America and trains...

I have a lot going on. Today I'm going to share with you my system for getting everything done.  Years ago I created my own system and at the encouragement of others, decided to publish, which we have been doing since 2017. I don't say much about this, but my program, called the GMS planner is available for sale on Amazon. It's a life planning system that includes an undated calendar so you can st...

They say there are two things in life that are unavoidable - death and taxes. But do you know the two things that will take most of your cash? Taxes and --- Inflation. In a moment I'm going to share with you the basic rules to the Game of Money. And then we are going to talk with someone who can help us with Rule number 2.  There are three basic rules to the Money Game: Create Keep Protect. Your w...

You can make a lot of money in real estate. You can also end up owing the IRS a lot of money if you don't keep good records. I'm going to tell you how to keep those records today in an episode called, "Counting Your Chickens" Of course you can only really count them after they hatch. But how do you do it? I've encountered Certified Public Accountants who know Quickbooks well but do NOT know how to...

If you have spoken to ten people who want to sell their property then you have probably looked at seven or eight deals that just don't work. What do you do then? When I started out in this business I found myself saying, "I'm sorry, I can't help you." But there is a better way, and today I'm going to share it with you.  Scott Ulmer and Tan Michell are joining me in a few minutes to talk about how...

Are you serious about getting into the real estate investing business? Today I'm going to talk about the best way to do that.  In a few minutes I'm going to play for you a brief presentation I did for those on a recent Flipping America REIA call describing my coaching program in detail. You're going to hear that it covers every topic you need in order to launch and grow your real estate career. Or...

Today I'm hosting an all-star panel of actual real estate investors from around the country, I'm going to ask them how the pandemic has affected their businesses, what changes they are making, and what they expect from 2021.  The market right now is as hot as it has ever been. It's so hot that deals are difficult to find. Here are a few of the questions I'll be asking our experts: Where do you see...

I've coined the phrase "Zoom Boom" to characterize some of the things I see in the near and mid-term future for real estate. No it's not a baby boom. It's a real estate boom and a bit of a bust in some sectors. It all has to do with the trend toward working from home. In a moment I'll explain what I mean.  I'll provide the key market indicators we constantly monitor. Are the "sky is falling" click...

The click-bait con artists on YouTube are making money telling you the housing market is going to collapse in 2021. Today I'm going to tell you why they are wrong.  If you were following real estate at the beginning of 2020, you would have been able to find any number of morons on YouTube talking about why the real estate market was going to crash in 2020. They didn't have statistics to back up th...

The number one question we get is "how do I get started in real estate investing?" Here is the answer I give everyone: Get information Get a coach Get going Today I'm going to talk to you about how to select and hire a coach. Plus, coming up in a few minutes in our annual "Best-of" series, I'm going to share with you the best places this year to invest in multi-family. I've done the research, I'll...

We all have our daily routines - much of it determined by necessity, but hopefully some of yours is the result of deliberate reflection and intent. Today I want to add one more routine to your day that takes very little effort and once it becomes an unconscious competence, your entrepreneurial life will never be the same. Plus, we are doing our year-end review of the best places to own income-prod...

Everyone should be in real estate, even if they don't own their own home. Today I'm going to tell you why and how.  Louis Glickman said "the greatest investment on earth is earth." My daddy always said "invest in real estate - they're not making any more of it." I guess my version of this statement will be, "until we establish permanent colonies on other worlds, this earth is all we have. So get a...

Coming up today, we are going to talk to one of the most prolific investors in Alaska, Joe Bell. And a little later I'm going to share with you the top 50 places to live in America for 2020. That's coming up today on Flipping America. Joe Bell is an Expert at helping Real Estate Professionals build legacy, retirement, and wealth. He's the founder of Legacy Beyond Listings, and author of the book "...

Even before the economic downfall caused by the coronavirus pandemic put wage earners in jeopardy, 78 percent of full-time workers were living paycheck to paycheck. A considerable majority is teetering on the brink of financial ruin. Even those who remain in their current job track will never be able to achieve financial peace of mind.   We're taught to believe the path to wealth is to get a good...

There is probably nothing I can say about thankfulness or thanksgiving that hasn't already been said and probably more eloquently put. But like love, your thankfulness is something you can continually give away and never run out of. It's never too often and usually never too late to think about thanking someone. For you parents out there, if you can imagine how it warms your heart when your childr...

Direct mail, driving for dollars, dialing for dollars, more direct mail, ground and pound to produce leads and negotiate all day long to get a deal. This is what it feels like to many who are getting into the real estate game. What if there were a different approach? What if you could pay near retail for nice properties that need no work and still make money? That's what you're about to hear, in t...

We are continuing today with the fascinating conversation about buying land. This conversation caused more interaction and on-going conversation with our REIA members than any call in the last sixty days. And we've had some terrific calls in that time! Jill Dewit and Steven Jack Butala share with us their reality in the land-buying business, the incredible opportunity that it is, and how you can g...

The Greatest Investment on Earth,  ...is earth! So said Louis Glickman. My daddy always said, "invest in land - they're not making any more of it." This makes great sense, but only if you know how to do it. Today we are going to learn how. Steven Butala and Jill DeWit are going to set us on a path to buying land, and selling for huge consistent profits. They are premier land investors who also tea...

If you want to be in the real estate business you have to buy property. In order to buy property you need to find good deals. The most consistent source of the best deals come from motivated sellers who have not yet listed their property for sale. Your key to good lead generation is to identify the characteristics or life situations of motivated sellers, build your lead list, and start making offe...

As we recorded this call, we had not held the election. When this show is released we might still not know the winner. Although if it's close I predict the media will declare Biden the winner and portray Trump as a sore loser if he files a lawsuit contesting the results. This prediction is pretty obvious don't you think? We shall see. But at any rate, eventually we will have a President. Today we...