Flipping America 402, Exploding Cash Flow Pt 2

Published: Sept. 5, 2020, 4 p.m.

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We are going to wrap up the conversation with Eric Tomasi today and invite you to join the Flipping America Buyers club. We find the houses, connect you with resources to change the locks, put out signs, get them sold and the legal services you need to write up the note and security deed for you to seller-finance them. It\\u2019s nearly a complete \\u201cdone-for-you\\u201d service.\\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

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.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

Topic: Exploding Cash Flow with Eric Tomasi pt 2

Questions:\\xa0

  • Swanson, Springfield, OH, \\u201cI love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.\\u201d
  • Justin, New Orleans, LA I am looking for an unlisted property, where I know the square footage and the number of bedrooms and baths. Is there a way to search all homes in a city?\\xa0
    • If you are looking for information on a particular property the best place to start is to just google the address. This will almost always bring up a page of results that includes zillow, trulia, realtor.com and sometimes redfin.com. I tend to look at all 4 but start with Zillow. Ignore for the most part the Zestimate, but this page can give you all kinds of useful information about the property. Zillow has a way of looking at similar properties that have sold in the area, which can be a rudimentary way of running some comps. When you are ready to pay, check Privy software bit.ly/getprivyprogram to see if they are in your area. If they are, it is well worth the investment to get and learn to use this software. You can also go to flippingamericacomps.com and sign up for a free trial of a software package the pretty much covers the entire United States. Again, the price is well worth it and my team and I use both. Even though we have these, if all we want is basic info about the property we will google it and check zillow.

Motivational Thoughts for the day

\\u201cAct as if what you do makes a difference. It does.\\u201d William James

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