Flipping America 265, Private Money
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FAR 265
Opening:
Show me the MONEY! Of course this is one of the more famous movie lines ever from Jerry Macguire. I know many people get involved in real estate after listening to late night infomercials about \\u201cno money down\\u201d investing and how you can buy real estate with no credit, none of your own money and so on. These deals do exist but you might have to stumble over 100 good deals to find one. Those 100 deals require some money. And that money can ONLY come from one of two sources: YOU or SOMEONE ELSE. Most of us, when we get started are using money from someone else. It can be a friend, family member, or a lender, but most of us just do not have cash lying around to buy a property.\\xa0
So how do you find the money and what is the best money to find? Our guest today is Susan Lassiter-Lyons and she is the author of the best-selling book \\u201cGetting the Money\\u201d. She\\u2019s coming along in a few minutes to lay some insight on us.\\xa0
Plus we\\u2019ve got the news. Attom Data has released the first quarter home flipping report and I\\u2019ll be dissecting it for you later. And housing affordability is still in the news - the federal government has taken notice and is taking action. Flipping America is in the news also - more in a minute...
How to contact us
www.RogerBlankenship.com
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.\\xa0
Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don\\u2019t mind.\\xa0
Real Estate News-
- Flipping America Meetup hits a milestone - Official membership crossed the 7000 threshold last month and now stands at 7068. Our groups have hosted 1095 events since we started. We are now doing at least two events every week and one of them could soon be in your town. Contact Carly@rogerblankenship.com if you are interested in seeing us in your town.\\xa0
- https://www.housingwire.com/articles/49485-most-homebuyers-would-sacrifice-a-big-yard-for-a-shorter-commute-realtorcom-says
- Top Ten worst commutes:\\xa0
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- American Avg. 26.9 min
- 10. Philadelphia - 32
- 10. Seattle - 32
- 8. Los Angeles -33
- 8. Miami - 33
- 6. Atlanta - 35
- 6. Chicago - 35
- 4. San Francisco - 36
- 2. Boston - 40
- 2. New York - 40
- 1. Washington DC - 41
- https://www.housingwire.com/articles/49458-harvard-theres-a-housing-shortage-and-its-eroding-affordability
- Harvard Study creates basic profile of new Homebuyer:
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- Age: under 35
- Ethnicity: white
- Marital status: married
- Children: yes
- Type of property selected: detached, single-family home
- Square-footage of property selected: less than 1,500
- Average home price: less than $200,000
- https://www.housingwire.com/blogs/7-pulse/post/49493-pulse-affordable-housing-issues-are-stymying-the-mortgage-market-but-change-is-on-the-wayb\\xa0
- https://www.attomdata.com/news/market-trends/flipping/q1-2019-home-flipping-report/
Announcements:
- Lunch with me every Wednesday. Baraonda
- My latest article in Forbes is out. bit.ly/findredeals.
- The FAN is here!
- Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That\\u2019s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.\\xa0
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It\\u2019s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.\\xa0\\xa0
Special Guest: Susan Lassiter-Lyons, author, \\u201cGetting The Money\\u201d
Comment Line calls and Questions
Call 404-369-1018, press 1 and leave your message!
Motivational Thoughts for the day
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\\u201cI\\u2019m always doing that which I cannot do in order that I may learn how to do it.\\u201d - Pablo Picasso
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Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, private money
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