Podcasts Business Flipping America Questions and Answers

Questions and Answers

Published: May 6, 2018, 8:40 p.m.

b'FAR 065 Expected Air Date: 9/14/17

Topics:

Mark your calendar now and plan to attend \\u201cFlipStarter\\u201d is coming September 30 and October 1. Join my special guests:
  • EJ Lashlee, author of the True Trust Book, The Protection Book, and founder of True Trust Services. \\xa0He will be speaking about asset protection through Private Asset Trusts.
  • Jennifer Hammonds, Jennifer Hammonds show. Nationally acclaimed realtor and investor extraordinaire.
  • Jay Conner. America\\u2019s private money authority
  • Bruce Mack. Founder of Platinum Finance
  • Banks Brazell, ReBuild Co, a leading home builder and remodeler in the Southeastern US.
  • Roger Herring, Founder of Investors\\u2019 Accounting.
  • Karen Anderson, Digital Marketing and List Consultant
  • Mike Ventry, Advanta IRA, How to use your self-directed IRA to create potentially tax-free income.
  • And of course, me, the Flipping America guy, Roger Blankenship. I\\u2019ve made my career in real estate investing primarily by doing it rather than talking about it. I\\u2019ve flipped hundreds of houses and I\\u2019m going to show you how to do it. I have a few techniques no one else uses or teaches, but I\\u2019m going to share them with you. Why?
Because we are going to tell you how to get started Flipping Houses and building wealth. It\\u2019s not just owning a business, it\\u2019s owning a wealth generation machine that will not only provide for you, but be a blessing to your children and grandchildren. And that\\u2019s not all, when you purchase your ticket for only $97 for this two day event, my good friend Jay Conner is going to invite you to HIS event in October at no additional charge. That\\u2019s right, two multi-day real estate training events for one low price. Sign up now at FlipStarterEvent.com. \\xa0 TV Flipping Show MYTHS. And we will bust them, with a little help from my friends. Correlations between Commercial and Residential RE Development Re-Investment New Stores...

News:

Commercial RE heading toward a correction Declines in NYC commercial investment project to a 2017 with numbers very similar to 2008. Prices have peaked in Commercial. Residential will follow. 8-12 months prices will peak, back up slightly, then proceed at a pace corresponding to inflation. Interest rates will go up in 2018. \\xa0 If you\\u2019re going to buy a residence, the best time was 2010. The next best time is today. When the market corrects it may be 5-8% above current levels and it may be only a 3% correction on the whole.

Emails:

Questions@flippingamericaradio.com Tell us where you\\u2019re from!
  • Steve, Macon GA: Roger can we get you to come to our Investors Club here in Macon? We are only 90 miles away.
  • Reggie, Chattanooga, TN: Chattanooga is a small city, but an interesting place to live. How are the investing decisions different in a small city from a large city?
    • All Real Estate is local,
    • Local Codes, Rules, or Laws
    • Local knowledge of neighborhoods, shifts, renewal, gentrification, etc.
    • Principles are generally true everywhere. Be all in at no more than 70% of ARV.
    • Perhaps more opportunity to visit properties?
    • May have to be open to a broader spectrum of possibilities.
  • Brian, Wilmington, DE. I heard about the show from a friend of a friend. Listening to you on iHeart radio. Because of some new legislation, we are expecting to see an influx of professional jobs - lawyers actually - and I\\u2019m thinking about investing in some Executive - type rentals - higher end. Do you have any experience with that?
    • It\\u2019s short term
    • Higher quality of tenant, usually
    • Typically less damage to a larger home.
    • Quick turnovers.
    • Buy it with flip margins in mind
    • Consider an airBnB strategy.
  • Gerald, Milwaukee WI. It seems like I don\\u2019t want to be trying to sell a house over the holidays, I don\\u2019t want to shut down my business, but I also don\\u2019t want to pay interest on inventory just sitting there through the winter. What are your thoughts?
    • Sell all year long, just know the cycle. Lowest months are January and February
    • Holiday staging!
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