Podcasts Business Flipping America Flipping America 496, Buy Your First Rental

Flipping America 496, Buy Your First Rental

Published: Sept. 25, 2021, 4 p.m.

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Passive income is the key to your financial freedom. And passive income in real estate is achieved by owning income-producing properties. Today, we are going to get you one.

You hear me say it all the time. We don\\u2019t encourage everyone to drop what you are doing and start flipping houses like you see on TV. We DO encourage everyone to consider including real estate in a well-balanced investment portfolio. To that end, this show exists to bring you news and information, strategies and techniques, inspirational people and stories, technology, demographics, statistics, and anything else we can find to help you make the best decisions possible about your relationship with real estate.\\xa0

Contrary to what HGTV might have you believing, most people begin their investing career by owning rentals. I\\u2019m called the Flipping America guy, but I didn\\u2019t start out flipping. I started out with rentals like most of you. Today\\u2019s market is hard for buyers - especially for buyers looking for deals that make sense as income producers.\\xa0\\xa0

How to contact us

Follow Starr @realestateislifeatlanta on IG and Facebook

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@flippingamerica.net. 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

New Course, \\u201cREI By the Numbers\\u201d

Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.\\xa0

Real Estate Investing Quick Start.

Announcements:

  • The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content.\\xa0

MIndset Moment:

I have a new course out called REI by the Numbers. In this course I cover among other things the numbers involved in buying rental properties. I provide some general buying rules, but also explain in detail my unique \\u201cMaximum Payment Offer\\u201d or MPO for rentals. Do you want to know how equity builds and wealth grows in rentals? I have a chart for that. I explain things like loan constant, debt service coverage ratio, yield spread, and much more. The course covers the numbers used in flips as well. It includes several formulas I invented for analysis and management of my own investing business, now with more than 2000 properties moved through our systems. Go to bit.ly/reinumbers today.\\xa0

News and Resources:\\xa0

Questions from Listeners: Starr\\u2019s \\u201cWhat would Roger Do\\u201d

  • Roger, If you had 450,000 to invest right NOW...how would you invest it, but there is a twist...think of yourself as age 28?
  • Roger, where would you build, buy, invest internationally and why?\\xa0
  • What do you think about buying real estate with crypto currency?

Motivational Quote:

\\u201cWith a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.\\u201d \\u2014 Carlos Slim Helu

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