Flipping America 293, Tilman Fertitta

Published: Sept. 28, 2019, 4 p.m.

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Imagine being a basketball fan. Now imagine growing up and BUYING your hometown\\u2019s NBA franchise.\\xa0

Tilman Fertitta is the star of his own reality TV show \\u201cBillion Dollar Buyer\\u201d on CNBC, and sole owner of the NBA\\u2019s Houston Rockets, Golden Nugget Casinos, and 600 other properties under Fertitta Entertainment. He is a Houston Native, accomplished businessman, and recognized as a world leader in the dining hospitality, entertainment and gaming industries, and is often referred to as, \\u201cthe world\\u2019s richest restaurateur.\\u201d

Fertitta owns more than 600 properties in 36 states and in over 15 countries.\\xa0 He is also one of the largest employers in the nation, with more than 60,000 employees.\\xa0 His restaurants include Mastro\\u2019s Steakhouse and Ocean Club, Morton\\u2019s Steakhouse, Vic & Anthony\\u2019s, Bubba Gump Shrimp Company, Dos Caminos, Joe\\u2019s Crab Shack, and more.\\xa0

He\\u2019s joining us in just a few minutes to talk about his new book, \\u201cShut Up and Listen: Hard Business Truths That will Help You Succeed\\u201d In the book he talks about what he did to turn a $6,000 business loan into a billion dollar empire. He\\u2019s joining us in just a few minutes.\\xa0

There\\u2019s still time to pre-order \\u201cFantastic Deals and Where to Find Them\\u201d on Amazon. You can put in bit.ly/RBfantasticdeals or just head over to amazon and search for the title. The paperback will be available possibly by the time you hear this and the kindle version will drop on Sep 30. I tell you how I get thousands of deals in my inbox every week. I don\\u2019t hold anything back -- and it\\u2019s just $3.99. There\\u2019s nothing out there like it for the price. We have a piece on our home page about finding deals as well. You can check that out at RogerBlankenship.com. Just scroll to the bottom of the page.\\xa0

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

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

Guest: Tilman Fertitta

  • Tilmanisms
  • Hospitality
  • Turning things around when you fail
  • The economy, and preparing for the cycle
  • The characteristics of the entrepreneurial leader

News:

WeWork CEO Adam Neumann steps down https://www.cnbc.com/2019/09/24/wework-ceo-adam-neumann-is-expected-to-step-down-amid-controversy-and-retain-chair-role-wsj-reports.html

\\u2018Hipsturbia\\u2019: It\\u2019s What All The Cool Suburbs Are Doing And It\\u2019s A 2020 Trend

https://www.forbes.com/sites/stephanievozza/2019/09/24/hipsturbia-its-what-all-the-cool-suburbs-are-doing-and-its-a-2020-trend/#1449c9a85870

Zillow Offers expands again, takes over top Texas markets

https://www.housingwire.com/articles/50219-zillow-offers-expands-again-takes-over-top-texas-markets

Home Offices Are Increasingly in Demand

https://magazine.realtor/daily-news/2019/09/23/home-offices-are-increasingly-in-demand

Higher interest rates send weekly mortgage applications tanking 10% https://www.cnbc.com/2019/09/25/higher-interest-rates-send-weekly-mortgage-applications-tanking-10percent.html

https://www.yieldstreet.com/3-ideas-to-build-wealth-outside-the-stock-market?utm_source=Taboola&utm_medium=cpc&utm_campaign=NEW_WL_Desktop&utm_content=K3i&cnbc&recirc=taboolaexternal\\xa0

Your Questions: Send emails to questions@rogerblankenship.com

  • Patricia, Charlotte, NC, \\u201cWhat is the website where I can list my wholesale deal?\\u201d
  • Julia, Port St. Lucie, FL \\u201cHave you considered selling the paper on your small houses? I\\u2019m interested in buying.\\u201d

Comment Line calls and Questions

Call 404-369-1018, press 1 and leave your message!\\xa0

Motivational Thoughts for the day

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  • "There are no spare customers." -Tilman Fertitta

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