The Basic Buying Rules
b'FAR 112 Expected Air Date: 01/25/18
Opening:
Hello everyone. I am Roger Blankenship and I teach people how to make money in Real Estate. Today we are going back to the basics. People seem to be coming out of the woodwork asking questions about getting started as active real estate investors. Today we are going to cover the basic buying rules. I\\u2019ve got a formula I\\u2019ve used for years in buying flips. If you\\u2019ve had any training at all on the subject, the formula may be familiar to you, but I\\u2019m going to explain the reasoning behind it and why you should not violate this rule - meaning pay too much for the property. Then I\\u2019m going to give you a couple of formulas for buying rentals and connect them to capitalization rate. All that is just ahead. Heads up! You can get this information in video form by subscribing to the Network! We are getting a ton of questions about private lending as well so we are going to cover that topic Saturday. And sandwiched in-between... If you\\u2019re in the Atlanta area, plan to come out tomorrow morning to hear Roger Herring in person as he covers tax reform and its implications for us. I\\u2019m looking forward to being there. Send an email to ajohnson@investorsaccounting.com and Roger\\u2019s assistant will send you what you need to get in. \\xa0Announcements:
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News:
- https://www.benzinga.com/pressreleases/18/01/p11073843/global-wellness-institute-releases-landmark-report-build-well-to-live-
- https://www.fastcompany.com/40512467/utopic-wellness-communities-are-a-multibillion-dollar-real-estate-trend
- http://www.digitaljournal.com/pr/3632224
- https://www.cnbc.com/2018/01/23/enough-with-the-doom-and-gloom-retail-real-estate-has-bright-spots.html
- https://simplywall.st/stocks/sg/real-estate/sgx-c2pu/parkway-life-real-estate-investment-trust-shares/news/parkway-life-real-estate-investment-trust-sgxc2pu-is-a-real-dividend-rock-star-here-is-why/
- http://www.nreionline.com/finance-investment/new-tax-laws-likely-increase-hnw-investment-real-estate
- https://therealdeal.com/2018/01/25/hamptons-housing-market-ends-2017-on-a-high-note/
- https://www.pressherald.com/2018/01/24/maine-housing-market-continues-record-breaking-streak/
Emails:
Questions@flippingamericaradio.com Tell us where you\\u2019re from!- DeOnna, Columbia, SC \\u201cHow much money will I need in order to buy a rental house?\\u201d
- Shawn, \\u201cMilwaukee, WI \\u201cI have a full-time job but want to get into this. How much time to I need to plan in order to pick up a few houses a year?\\u201d
- Angelina, Long Beach, CA \\u201cWith my busy life, I don\\u2019t know how to make time to become an investor but i want to. Please help me figure this out?\\u201d
- Errol, Little Rock Ak, \\u201cHow do you find properties to keep your deal flow?\\u201d