Flipping America 268, Rich Munroe and AirBnB
FAR 268 Notes Rich Munroe AirBnb Opening:
Short Term rentals are a hot topic right now. Today we are doing the first of a two part series on them with a focus on AirBnB. Our guest is Superhost Rich Munroe of Diamond Edge Properties. He has his own properties and manages properties for other AirBnB hosts. He\u2019s coming along shortly to discuss the ins and outs of short term rentals and help us understand the amazing potential of this investing method.\xa0
And do you know what an AVM is? You should, because it\u2019s about to be involved of 70% of single family home transactions. The acronym stands for Automated Valuation Model. The problem is - AVMs are generally unreliable and can often create problems rather than solve them. I will explain.\xa0
Realogy is back in the news - this time not about their lawsuit against Compass. This time they have trouble of their own. Purplebricks is closing shop in the US, and we have an engagement announcement - Redfin and OpenDoor have announced a joint project in two cities. What that is and what it means to you is coming up.\xa0
Plus if we have time I\u2019m going to share with you some towns that will pay you to live there and a few places you can get FREE land.\xa0
How to contact uswww.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
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
- https://www.housingwire.com/articles/49547-opendoor-and-redfin-join-forces-to-begin-buying-houses-in-phoenix-and-atlanta
- https://www.housingwire.com/articles/49508-flat-fee-real-estate-agency-purplebricks-shuttering-us-business
- https://www.housingwire.com/articles/49506-expert-avms-will-soon-represent-70-of-valuations
- https://flatheadbeacon.com/2019/04/24/real-estate-market-trends-47/
- https://smartasset.com/mortgage/us-cities-that-will-pay-you-to-live-there
- https://www.aol.com/2010/10/19/click-here-for-free-land-five-places-where-land-is-free/
\xa0
- \u201cThere are no secrets to success. It is the result of preparation, hard work, and learning from failure.\u201d - Colin Powell
\xa0
Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America