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FAR 053 Topics: \u201cFlipStarter\u201d is September 23-24. EJ Lashlee Jennifer Hammonds Jay Conner Bruce Mack Banks Brazell Roger Herring Karen Anderson What you need to know to jump on one of the best business opportunities in America. Trends: Use of Technology. Tell me how you use this tech in your business! Questions@flippingamericaradio.com Tell us where you\u2019re from! News: The Hamptons again - High end properties are just sitting there. Today\u2019s young wealthy don\u2019t appear to want the mega mansions. Matt Laurer just reduced the price on his home in the Hamptons by $2M. Scams: You\u2019ve been approved! Edutainment Story of the day Joey went out and inspected the two brand new HVAC units at his flip. He then went back to the office and cut the check to pay the contractor for them. He was back out at the property two days later and the brand new units had been stolen. It didn\u2019t look like an amateur hack job. Someone had taken the time to properly disconnect the units. \xa0After filing the police report, what did Joey do next? He led the police to the home of his HVAC guy and lo and behold, there they were, sitting on his trailer. The HVAC guy at first claimed they were not Joey\u2019s but had just been purchased for another job. How did Joey prove his case? He produced his phone with multiple pictures of the units, and the metal tag with their serial numbers! Motivational Thoughts for the day Overcoming Fear: Set your goals Make your plans Mitigate Risks Mentor Up Dip Your Toe(?) Make the Plunge Emails: Questions@flippingamericaradio.com Tell us where you\u2019re from! J.M. from Nashville, TN. Please explain the difference between \u201cLease Purchase\u201d and \u201cLease Option\u201d. Which should I use in leasing out a property I want the people to buy. The house is about a 45 minute drive and I don\u2019t want to run out there and replace light bulbs or unclog toilets.\u201d \xa0 Carl from Sandy Springs, GA \u201cI can\u2019t tell by just looking at a house how much it is going to cost to rehab. And if I don\u2019t know that number I can\u2019t use your formula to make an offer. Please help. I\u2019m stuck.\u201d