Flipping America 354 MillionAcres.com and Deidre Woollard

Published: April 15, 2020, 4 p.m.

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For many years now I have been following from afar the exploits of Motley Fool. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through their website, podcasts, books, newspaper column, radio show, and premium investing services. They believe that investing is empowering, enriching, and fun. As part of their service they have a section dedicated to real estate, a paid service called \\u201cMogul\\u201d and a free service called Million Acres. We are fortunate to be joined today by Deidre Woollard, editor of MillionAcres.com.\\xa0

Deidre is a writer and editor with two decades of experience covering all aspects of real estate from luxury residential real estate to the latest in proptech. She created the \\u201cAsk A Realtor\\u201d feature at Realtor.com and has led marketing and communications at top residential real estate brokerages. Real estate investing is a family tradition; she comes from a long line of landlords, renovators, and contractors currently invested from Massachusetts to California. She has an MFA in Writing from Spalding University.\\xa0

We are going to talk real estate, coronavirus and whatever else comes to mind. I hope you\\u2019ll enjoy the conversation as much as I did.\\xa0

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: 877-55-ROGER (76437) \\xa0 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/CivicFinancial

FlipStarter Online! www.flipstarteronline.com

Announcements:

  • The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.\\xa0\\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.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .\\xa0
  • \\u201cReal Estate Investing Quick Start\\u201d Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

News:\\xa0

Guest: Deidre Woolard

Your Questions: Send emails to questions@rogerblankenship.com

  • David, Atlanta, GA \\u201cLove to hear more about your move into Chattanooga.. what are the key advantages you see there besides less competition vs Atlanta
    I\\u2019ll keep it brief but to answer your question, our reasons for choosing Chattanooga:
    1. High concentration per capita of investors in Atlanta.
    2. Most opportunities in ATL are requiring long expensive rehabs.
    3. Surveyed all cities within 2-3 hour drive of ATL.
    4. Factors include: Job Growth, Diversity of Employment (different industries), Vision of City Planners, population growth, market status (saturation rate, average DOM), age and types of housing inventory,
    5. Greenville, Birmingham, Huntsville, Auburn and Chattanooga emerged. (Augusta didn\\u2019t impress and Macon was even worse. Columbus was so-so.)
    6. Two of my team live up the I-75 corridor so Chattanooga or Huntsville were the easiest to get to when we need.
    7. Chattanooga is larger with more diverse inventory and industry.
    Our plans have been delayed somewhat by the COVID-19 situation. But for now it\\u2019s just a delay, not a cancellation. We are doing some calls - just not full saturation yet.\\xa0
  • Brianna, Anderson, IN, \\u201cA friend just mentioned to me that one way of passively investing in real estate is through something called turn-key rentals. He didn\\u2019t know many details. But he also heard of some guys in Indianapolis Jack Gibson and Jeff something. Are you familiar with this type of investing or can you refer me to someone who can tell me about it?\\u201d

Motivational Thoughts for the day

Gilda Susan Radner (June 28, 1946 \\u2013 May 20, 1989) was an American comedian and actress who was one of the seven original cast members for the NBC sketch comedy show Saturday Night Live (SNL). In her routines, Radner specialized in parodies of television stereotypes, such as advice specialists and news anchors, and in 1977, she won an Emmy Award for her performances on the show. She also portrayed those characters in her highly successful one-woman show on Broadway in 1979.

Radner\'s SNL work established her as an iconic figure in the history of American comedy. She died from ovarian cancer in 1989. Her autobiography dealt frankly with her life, work, and personal struggles, including those with the illness. Her widower, Gene Wilder, carried out her personal wish that information about her illness would help other cancer victims, founding and inspiring organizations that emphasize early diagnosis, hereditary factors and support for cancer victims. She was posthumously awarded a Grammy Award in 1990. Radner was inducted into the Michigan Women\'s Hall of Fame in 1992; and she posthumously received a star on the Hollywood Walk of Fame in 2003.

I wanted a perfect ending. Now I\'ve learned, the hard way, that some poems don\'t rhyme, and some stories don\'t have a clear beginning, middle, and end. Life is about not knowing, having to change, taking the moment and making the best of it, without knowing what\'s going to happen next. Delicious Ambiguity.

-Gilda Radner

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