Flipping America 432, Election Investing

Published: Nov. 16, 2020, 5 p.m.

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As we recorded this call, we had not held the election. When this show is released we might still not know the winner. Although if it\\u2019s close I predict the media will declare Biden the winner and portray Trump as a sore loser if he files a lawsuit contesting the results. This prediction is pretty obvious don\\u2019t you think? We shall see. But at any rate, eventually we will have a President. Today we are going to talk about how much it matters to real estate investors who that person is. Spoiler Alert: it doesn\\u2019t.\\xa0

We are about to have a visit with Mr. Gordon Catts, 50 year real estate investor, former realtor, appraiser, lender, apartment syndicator, trainer, and many other things. He says his kids just call him a \\u201creal estater.\\u201d We are fortunate to have him join us today on a bit of short notice. That\\u2019s coming up in just a few minutes.\\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 (877-557-6437) \\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

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.

Questions

  • Calvin, Fort Worth, TX, \\u201cHow do you figure repair costs to make offers on remote properties?\\u201d
  • Sarah, Stone Mountain, GA \\u201cI heard you say that new fix and flip investors shouldn\\u2019t do major rehabs. Why is this and what do you consider major?\\u201d
  • Kendra, Jacksonville, FL \\u201cHow much should I be concerned about a requirement that my buyer get flood insurance?\\u201d
  • Arnold, Phenix City, AL \\u201cMy company is organized in Alabama, but we are near the Georgia state line and would like to acquire properties there. What are the implications of this? Do I have tax issues?\\u201d
  • Scott, Bowling Green, KY \\u201cIs it possible to make a living in real estate while living in a small town? If so, how?\\u201d
  • Alexis, Katy, TX \\u201cI\\u2019m interested in the Buyers Club but I\\u2019m wondering how you review and evaluate properties all over the country before buying. You must be on the road constantly!\\u201d
  • Dina, San Jose, CA \\u201cI have a great career and want income to be as passive as possible, with as little interaction as possible with local buyers. Is this possible?\\u201d
  • Kimberly, Modesto, CA \\u201cIs it possible to do a complete due diligence process on the properties in the Buyers Club before buying?

Motivational Quote:

\\u201cEverything takes longer than it takes -- and costs more than it costs.\\u201d -Roger Blankenship

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