Show 182, Listener Questions
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FAR 182
Expected Air Date: 8/30/18Opening
I realized after we concluded Monday\\u2019s show that I had promised to make fun of a \\u201cnews\\u201d story about real estate and I had just run out of time. So I\\u2019m leading off today by keeping that promise to you. Real estate is not a controversial topic and is largely apolitical. We try our best to keep politics out of this show. But I suppose I shouldn\\u2019t be surprised when a reporter\\u2019s bias sneaks through in subtle ways. That\\u2019s my reason for sharing this article with you - not because I deeply care about what she is wrong about, but because I want YOU to pay attention to the way words can reflect bias and shape opinion. So here comes the headline... How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it\\u2019s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.Announcements:
- September 12, Chantelle Owens at Flipping Atlanta, Tax Liens
- Lunch with me every Wednesday.
- 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.
- Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm. \\xa0
News!
Emails:
Questions@flippingamericaradio.com Tell us where you\\u2019re from!- Madison, Atlanta, GA, \\u201cWhen you are renovating something to rent, how is that different from renovating to sell?\\u201d
- Carl, Charlotte, NC, \\u201cI wanted to come to your mentoring classes this week but just couldn\\u2019t get away from here for four days. Will you be coming to Charlotte or do you have an online course I can take?\\u201d
- Evan, Lancaster, PA, \\u201cWhat are the numbers I should look for when buying something to flip?\\u201d
- Charlene, Villages of Ocala, FL, \\u201cI have half a dozen possibilities here, and none of them fit the MAO formula, but they are all coming in about 80% of ARV. The good news is, I can buy four of them subject to. Do you ever make exceptions on your MAO rule if you can use creative financing to buy them?\\u201d
- Elian, Jacksonville, FL, \\u201cIs the \\u2018no money down\\u2019 deal really possible? If so, how does it work?\\u201d
- Rachel, Elizabethtown, KY \\u201cHow do you decide whether to keep a property to flip or keep it for a rental?\\u201d
Motivational Thoughts for the day
- Act as if what you do makes a difference. It does. William James