BROADCASTS.com

b'FAR 062 Expected Air Date: 9/4/17

Topics:

• 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?

Trends:

• How to think strategically about overpriced markets.
  • Consider your exit plan. If you are flipping, just do your thing.
  • Deals may be harder to find, but quicker to sell
  • Do not intentionally do marginal deals.
  • You may have to let the cruel world of reality thin the herd of investor wanna-bes.
  • Learn the art of remote flipping and even remote rentals.
  • If holding, think very carefully about buying in a market where prices are rising faster than income can keep up. Why?
    • You need to be able to charge enough rent to make the property cash flow properly.
    • People need to be able to afford their rent
    • A correction is on the way. It\\u2019s inevitable. When people can no longer afford the prices, they will no longer buy. When demand shrinks, prices will come down. You don\\u2019t want to buy at the top.
  • Reality: People live near jobs, education, and opportunity. Find communities with a diversified solid base of employment.
  • Put your eggs in multiple baskets.
    • Different asset types?
    • Different locations definitely.

News:

• Houston Under Water
• Canada Real Estate in Trouble?
• Canada Real Estate NOT in trouble.

Emails:

• Scott from Macon, GA \\u201cMy contractor got started a few days ago and put in for his first draw. I went to the house and noticed that he had already painted all the walls, even though there were still some repairs to be made. His crew even painted one wall that will be removed. When I asked him about it, he said this was just a primer coat and it helped them see the repairs that needed to be made. But it was the chosen wall color, not primer. He told me it didn\\u2019t matter what I used for primer - just needed two coats. And he billed me on the draw for \\xbd of the painting. I\\u2019m thinking something doesn\\u2019t seem right about this\\u2026\\u201d
• Deanne from Pittsburgh, PA. \\u201cIs there a database of bad contractors somewhere on the internet? I want to keep people from hiring this guy I just fired. He\\u2019s a crook."