Flipping America

Today we continue and conclude our recent conversation with Paul Montelongo. Paul has done a bit of everything but has settled in with multi-family. He has a mentoring program which you will hear a little about on the call today.  How to contact us www. RogerBlankenship.com . Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call o...

Paul Montelongo joined us recently for both the Wednesday and Thursday meetings of the Flipping America REIA. We discussed his incredible career and covered a variety of topics.  Here are some of the topics we covered which you will hear about today and next time.  The secret to longevity in business The realistic expectations of being in the real estate business How to successfully merge a person...

There has never been a greater interest in real estate investing. While personally I love your interest because that's what is driving the popularity of this show, the more of you that actually get into the game, the more difficult it becomes. We all tend to look at and bid on the same properties sometimes. Combined with the already relatively low inventory, buying great deals isn't as easy as it...

Ghosts, goblins, hauntings, and things that go bump in the night. These can be frightening but they are mostly in your imagination. Reality is often more terrifying. And few things strike more fear into the heart than the prospect of becoming (dramatic sound effect) a landlord. Join us this Halloween day - if you dare - on a journey we call "Tenant Nightmares!" Hello America and thanks for joining...

Real estate takes money. But it doesn't have to be yours. In fact the secret to success in this business, especially when getting started, is learning how to partner with others to get deals funded. Today you are going to learn how. Yes, there are "nothing down" deals out there, but you'll pass by 100 good deals to find one of those. Don't pass them by. Even as you start your real estate business...

How do you manage your priorities and your to-do list? Do you use note-taking programs, pocket organizers, desktop calendar planners, to-do list apps or - like many of us, tons of post-it notes all over the place, or, like almost all of us, some combination of these?  Don't stop doing what you have to do to get things done, but consider finding a way to organize everything in one place. Today Nick...

Today Bill and Dwan Twyford are going to conclude their very interesting and potentially profitable talk on No Equity Investing. Plus I have a good chance of getting caught up with questions from you. Coming up now on Flipping America.  I realized about 5-6 years ago I was leaving money on the table by telling people there was nothing I could do. It took awhile to figure out a way to make money on...

What do you do when you're speaking with a seller and realize they have no equity in their home? Most of us will apologetically tell the seller there's nothing we can really do and move on to the next lead. Today we are going to learn that we have other options - options that could be very profitable for us.  Bill and Dwan Twyford have been investing in real estate for more than 20 years and have...

I've stopped saying, "That's crazy" and instead now I just say "that's 2020." Has this not been the craziest insane year in a lifetime? So many things have changed - "normal" seems a distant memory and it's reasonable to wonder whether some things will ever return. This creates both anxiety from those who hate change AND opportunity for those who pay attention. I can promise you this: real estate...

What if I told you that you could fund your real estate investments by buying insurance? At first blush that doesn't even seem to make sense! But today we are going to learn that not only does this make sense, it may be the best way to buy ANYTHING! Borrow money from yourself.  We are going to share a powerful technique that allows you to borrow money from yourself to buy things, pay yourself back...

A career in real estate is not for everyone. There are a good number of people in our audience who love their job or love a steady paycheck and want to keep working while they invest in real estate. Kim Kesterke joins us today to talk about the W2 Landlord. In mere moments she will share her process for identifying properties, resources, and screening tenants. She self-manages a portfolio of prope...

One of the most frequent questions coming to us is some variation of this: "how can I quit my job and start a career in real estate investing?" Today I'm going to answer that question and lay out for you a plan to make it happen.  In a recent workforce survey a majority of participants indicated they would be interested in not just a job change but a career change. Millions have watched the house...

Today we are completing the conversation with Jeff Holst about buying apartments and then without skipping a beat we are transitioning to a conversation with Nancee Tegeder about Syndication - how you put together the money to buy the apartments. Nancee is an attorney with CrowdFunding Lawyers and all they do is securities law.  Jeff Holst is a recovering attorney, real estate investor, YouTube sh...

Jeff Holst is a recovering attorney, real estate investor, YouTube show host (the Old Fashioned Real Estate Show), world traveler, and spreader of joy and happiness. He makes his living owning multi-family properties. We are going to talk about how he got started, how he finds and analyzes deals, and the options you have for funding a deal.  Multi-family is one way to retire early from your day-to...

Find a great deal and odds are, you aren't the only person who knows about it. The competition in real estate investing has multiplied exponentially over the past few years. We are going to talk about how to think productively about competition and more importantly, what to DO about it. Where can you find your edge? How to size up the competition (and yourself), how to respond to challenges, and h...

Dwan is one of the most prolific real estate investors and trainers in America. She is the author of several best-selling books and has trained thousands of investors. She was a single mom and now she and her husband basically own a town. Hear her story coming up today on the show.  How to contact us www. RogerBlankenship.com . Leave a voicemail right from the home page! Facebook.com/flippingameri...

Today we are going to talk about flipping houses. A profitable house flipping business is always going to be about the numbers. Learn your numbers, know your numbers, use the numbers until they become second nature. This is a topic people pay me big money to teach them, but I'm going to share quite a bit of it with you today. And it's yours at no cost or obligation simply because you took time to...

Today we will continue and conclude our conversation with Damion Lupo regarding the eQRP. If you missed the previous episode, you may want to go back and listen for a couple of reasons. 1. We introduce, define and describe the eQRP, but 2. As a lead in to the discussion, Damion and I talked for a few moments about business failure and the challenges we both have face in our investing careers. It w...

When it comes to retirement accounts there is a language and set of acronyms that rival any other business out there. You have a myriad of choices - you are blessed with dozens of options and opportunities within those options. It can be complicated and confusing. Some will say "I prefer to keep it simple" and then proceed on a plan to own ten rental houses - The end. That can work, but you will b...

Real estate investing takes two or three things to work well. The first thing is a value-add property. The next is your ingenuity and effort. The third thing is usually the money to do the deal. That seems to be the hardest part, but if you have the right kind of deal, it can be very easy to get. They call it hard money but not because the loan is hard. It's because the loan is made using the hard...

Today our guest Lane Kawaoka tells us how to invest in large stabilized deals without having to do a thing! Get diversification:  Many commercial real estate investments have high acquisition prices (think $10M+) to which most people don't have access. Lane says you want to get away from Mom and Pop investments like 1-40 units. 1-40 unit deals typically have pricing issues because all the amateurs...

My real estate career is like a Dickens novel. It was the best of times. It was the worst of times. And the quality of those times has always been dictated by the quality of contractors I have used. A good contractor makes this business pretty easy. A bad one will create one challenge after another. Today's show is a talk I delivered to the Flipping America REIA about how to find and Vet Contracto...

We conclude our conversation and Q&A with Pat Dornan discussing the cost of repairs and issues surrounding the hiring and supervision of contractors. We talk a little bit about a package of documents I use in my business I call the Contractor Docs. These 11 documents include the ad I run to hire contractors, the application process, payment policy, Lien waivers, construction agreement and much mor...

Ask someone how to know what it costs and the usual answer is, "get out there and fix a few properties - then you'll know." This is almost like saying - go lose money on a few deals and you'll figure it out. This actually works sometimes! But you may prefer to NOT lose money. If so, you MUST know what it's going to cost you to repair a property.  I'm joined on the call by Pat Dornan, licensed cont...

This is your opportunity to ask anything you wish. In a few minutes we are going to join a recent call with the Flipping America REIA where we just opened up and took questions from everyone present. I was joined by my good friend and mentor Gordon Catts, who has been a real estate investor for fifty years. He has traveled the country teaching real estate and was instrumental in forming the Georgi...