Cash Flowing Properties
FAR 125 Expected Air Date: 03/3/18 Opening: Hello everyone. I am Roger Blankenship and I teach people how to make money in Real Estate. We bring you news, trends, markets, and we feature people who are getting it done in this industry. Today we are going to catch up on some listener emails. You folks are asking GREAT questions and I want to answer them on the air so many will benefit, but I also don\u2019t like to keep you waiting this long. Over the next few shows we are going to start talking about Buy and Hold Strategies and the wisdom around that. If you haven\u2019t already seen the video, plan to head over to FlippingAmericaNetwork.com/video and watch me explain the buying formulas. Monday we are going to talk all about property management with Katie Griffin, an Atlanta based property manager. Over the next week or so I\u2019m going to introduce you to people who are buying apartments, creating turn-key rental properties, and providing other services for you as a buy and hold investor. So today our focus is on cash-flow. We will continue to answer any questions you have and help you in any way we can, but this is the theme. Remember we answer 100% of the questions you send in, some of them on the show. So keep them coming. News:
- http://www.globest.com/2018/02/28/the-next-big-trend-in-industrial/
- https://www.realtor.com/news/trends/buy-theyre-gone-metros-fastest-growing-homeownership-rates/
- https://www.reuters.com/article/britain-eu-jobs/a-year-to-go-before-brexit-u-s-investment-banks-still-bet-on-london-idUSL8N1QI6G2
- https://www.mansionglobal.com/articles/90310-minimal-price-drops-in-london-point-to-a-stabilizing-real-estate-market
- https://www.knoxnews.com/story/money/business/2018/03/02/knoxville-real-estate-homes-houses-condos-apartments/378349002/
- https://www.forbes.com/sites/forbestechcouncil/2018/03/02/how-blockchain-can-really-impact-real-estate-investing/#408c17ff7c1c
- https://www.forbes.com/sites/ingowinzer/2018/03/01/investing-in-california-real-estate-here-are-a-few-things-you-should-know/#5ef3a2e76d6e
- Chaz,Milwaukee, WI \u201cYou talk about knowing your daily costs on a flip. Do you have a calculator for it? How do you know it so precisely?\u201d
- Dean, Waco, TX, \u201cWhat is the 1% rule and how does that relate to cap rate?\u201d
- Sally, Columbus, GA \u201cI\u2019ve bought 4 properties, fixed them up and turned them into rentals. I want to do more, but I don\u2019t have money for down-payments and repairs. Is there some way to pull cash out of what I own already to fund more purchases?\u201d
- Laura, Villages of Ocala \u201cI own 7 rentals in Georgia but I\u2019m having a hard time finding good property management. Can you help me with either good management referrals or an exit plan? I\u2019d love it if you would just buy them from me.\u201d
- Doug, Lansing, MI, \u201cWhat do you look for in a rental house?\u201d
- Sherry, Las Vegas, NV \u201cI think I heard you talking with someone on a prior show about making raw land cash flow. Can you review what you all discussed?\u201d
- Jackie, Long Beach, CA \u201cI want rental properties, but not in California. Can you help me find them in other good places across the US?\u201d