Podcasts Business Flipping America Flipping America 322, Apartments with Lance Edwards

Flipping America 322, Apartments with Lance Edwards

Published: Jan. 28, 2020, 5 p.m.

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Real Estate Investing is SO much more than single family homes. With all of the television shows regarding fixing up houses, it\\u2019s easy to forget there are other asset classes. 17% of the American population live in apartments. Apartment investing can be a terrific source of cash flow. Yes they are more expensive and yes the due diligence process is more involved, but it\\u2019s not that much more complicated than single family investing. Contrary to popular belief, you do not need to start with single family and \\u201cgraduate\\u201d to apartments. It\\u2019s possible to start with apartments! Our guest today, Lance Edwards has been investing in multi-family for many years and now teaches people how to do it. He\\u2019s the author of \\u201cBig Profits in Small Apartments\\u201d and in today\\u2019s edition of Flipping America, you\\u2019ll learn how you can get your copy of this great book for free.\\xa0

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Plus we will get to some of your questions today. We appreciate the questions - keep em coming!

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How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!

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

Sponsors

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFunding

Announcements:

  • We normally meet every Wednesday and Thursday . No meetings in December.\\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

News:

Topic: Lance Edwards, Apartments

Your Questions: Send emails to questions@rogerblankenship.com

Alphonso, Ringgold, GA, \\u201cI have a written a couple of contracts for flips and thought I had good deals, but the hard money lenders I spoke with wouldn\\u2019t fund them. They told me they weren\\u2019t good enough deals. Can you recommend a different hard money lender?\\u201d

Caroline, Huntsville, AL, \\u201cI just moved to Alabama from California. I have an LLC in California and own a couple of rentals in Utah. I\\u2019m about to start buying rentals in Alabama and Tennessee. Do I need to set up an LLC here?\\u201d

Ashraf, Long Beach, CA, \\u201cHow does one find rental properties in another state? I do not wish to purchase in California.\\u201d

Marcus, Milwaukee, WI, \\u201cI\\u2019m following your lead bro. I just bought a house in Des Moines, IA. I need to get a few things fixed before I seller finance it to someone. How do I find someone over there?\\u201d

Dawson, Port St. Lucie, FL, \\u201cWhat is your opinion about buy and hold properties along the Atlantic coast? The money seems good, but I worry about hurricanes.\\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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"Educate your children to self-control, to the habit of holding passion and prejudice and evil tendencies subject to an upright and reasoning will, and you have done much to abolish misery from their future and crimes from society." - Ben Franklin

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