Flipping America 391, How to Buy Foreclosures, Part 2
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We continue our call with Darlene Coquerel, the Queen of Foreclosures, and take questions from the live audience. If you would like to be a part of the live audience, either in person or online, be sure to visit www.flippingamericareia.com to learn the topics for the upcoming meetings and register to be on the call. The calls are recorded a bit in advance of their release as a show and podcast, but the news and questions are always coming from what\\u2019s in the in box on the day we put the rest of the show together.\\xa0
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
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Sponsors
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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
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- 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
- These ZIP codes had the highest gross profits for home flippers in Q1 2020. https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-zip-codes-with-highest-home-flipping-profits-in-q1-2020/
Topic: How to Buy Foreclosures, Darlene Coquerel
- Foreclosure information for all 50 states. https://www.nolo.com/legal-encyclopedia/50-state-chart-key-aspects-state-foreclosure-law.html
- Information about foreclosure laws. https://www.hg.org/foreclosure.html
- Nearly 8% of all mortgages are in forbearance. https://www.cnbc.com/2020/07/10/coronavirus-mortgage-bailout-sees-biggest-one-week-decline-yet.html
- How we can avoid repeating 2008. https://hbr.org/2020/07/how-banks-can-avoid-a-repeat-of-the-2008-foreclosure-crisis
Questions:\\xa0
Send questions to questions@rogerblankenship.com, or leave message at rogerblankenship.com, or call 877-55 ROGER (76437)\\xa0 ext 1.
- Petra, Pittsburgh, PA \\u201cDoesn\\u2019t it seem like we are preying on the misfortunes of others to buy foreclosures?\\u201d
- Quinton, Milwaukee, WI \\u201cIf I buy an REO is that the same as buying a foreclosure?\\xa0
- Roberta, Las Vegas, NV \\u201cWhen\\xa0 I start searching for foreclosures, several websites come up in the results. I know they are ads, but I don\\u2019t know who I can trust. Do you have a list of trustworthy sources for buying foreclosures?\\u201d
Motivational Thought for the day
\\u201cWise are those who learn that the bottom line doesn\\u2019t always have to be their top priority.\\u201d William Arthur Ward
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