Flipping America

Today Bill and Dwan Twyford are going to conclude their very interesting and potentially profitable talk on No Equity Investing. Plus I have a good chance of getting caught up with questions from you. Coming up now on Flipping America.  I realized about 5-6 years ago I was leaving money on the table by telling people there was nothing I could do. It took awhile to figure out a way to make money on a property with no real equity. And even though I eventually did, I didn’t have it down to an art like Bill and Dwan do. This is great stuff and there is a reason this call was one of the highest rated this year. Today we are going to hear the conclusion of the call they did with the Flipping America REIA a few weeks ago.  And I finally have plenty of time for your questions. I think we have a shot to get completely caught up today. So now I need even more questions from you. Ask anything you want about real estate and I promise you an answer.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from

What do you do when you’re speaking with a seller and realize they have no equity in their home? Most of us will apologetically tell the seller there’s nothing we can really do and move on to the next lead. Today we are going to learn that we have other options - options that could be very profitable for us.  Bill and Dwan Twyford have been investing in real estate for more than 20 years and have made money on dozens of “no equity” properties. In a few minutes we are going to listen in on a call they made recently with the Flipping America REIA. This has been one of our highest rated calls in 2020. You won’t see the visuals, but you can hear the explanation and it will open up possibilities for you.  If you want to be ON these calls, it’s easy and it’s free. Just point your web browser to flippingamericaREIA.com. The upcoming topics and links are right there on the home page. You can click and sign up. The calls happen almost every Wednesday at noon and Thursday at 7.  How to contact us www.RogerBlankenship.c

I’ve stopped saying, “That’s crazy” and instead now I just say “that’s 2020.” Has this not been the craziest insane year in a lifetime? So many things have changed - “normal” seems a distant memory and it’s reasonable to wonder whether some things will ever return. This creates both anxiety from those who hate change AND opportunity for those who pay attention. I can promise you this: real estate will be here in our future and that means there will be ways to make money from it. So relax - there IS a real estate investing future and in this talk, I’m going to tell you what it is.  It might surprise you that I’m not going to predict the market for the next 12 months. That’s pretty easy and pointless. What I’m going to say is, if you know how to look for and think about the opportunities, you will do well no matter what happens. On this call I’m going to tell you how to look, where to look, and how to evaluate the opportunities God (or the universe if you prefer) is handing to you every day.  You will leave thi

What if I told you that you could fund your real estate investments by buying insurance? At first blush that doesn’t even seem to make sense! But today we are going to learn that not only does this make sense, it may be the best way to buy ANYTHING! Borrow money from yourself.  We are going to share a powerful technique that allows you to borrow money from yourself to buy things, pay yourself back, have the things AND have the money back. Sound crazy? I know it does at first. You can use this to buy a car, pay for a vacation, get that new iPhone. OR you can use this money to invest in cash-producing real estate and put your wealth generation machine into hyperdrive. (Yes, those blurry white lines ARE the stars as we pass by traveling faster than light…) Mark Willis is going to join us for this call. Mark is a Certified Financial Planner which is a pretty big deal in its own right. But it’s more significant for us because he has regulators looking over his shoulder all the time. If he were to tell you somethin

A career in real estate is not for everyone. There are a good number of people in our audience who love their job or love a steady paycheck and want to keep working while they invest in real estate. Kim Kesterke joins us today to talk about the W2 Landlord. In mere moments she will share her process for identifying properties, resources, and screening tenants. She self-manages a portfolio of properties across the country while maintaining her full-time job.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com The Flipping America Buyers Club bit.ly/flippinga

One of the most frequent questions coming to us is some variation of this: “how can I quit my job and start a career in real estate investing?” Today I’m going to answer that question and lay out for you a plan to make it happen.  In a recent workforce survey a majority of participants indicated they would be interested in not just a job change but a career change. Millions have watched the house flipping TV shows and thousands have caught the house-flipping fever. There is nothing wrong with this. There is usually nothing wrong with being your own boss, and there are fewer more satisfying career goals than setting your own hours, coming and going as you please, taking all the vacations you want and loving life like never before. It’s a dream, yes, but it’s not out of reach. I encourage you to consider a thoughtful course and today I’m going to show you how to get there.  A career in real estate is not for everyone. There are a good number of people in our audience who love their job or love a steady paycheck

Today we are completing the conversation with Jeff Holst about buying apartments and then without skipping a beat we are transitioning to a conversation with Nancee Tegeder about Syndication - how you put together the money to buy the apartments. Nancee is an attorney with CrowdFunding Lawyers and all they do is securities law.  Jeff Holst is a recovering attorney, real estate investor, YouTube show host (the Old Fashioned Real Estate Show), world traveler, and spreader of joy and happiness. He makes his living owning multi-family properties. We talked about his story and the particulars of buying apartments but ran out of time in the Q&A period. So we finish that today and quickly switch over to Nancee. Multi-family is one way to retire early from your day-to-day job and it doesn’t take as much money to get started as you might think. And this is coming to you with limited commercial interruption so we can get it all in. Our sponsors thank you for your support! How to contact us www.RogerBlankenship.com.

Jeff Holst is a recovering attorney, real estate investor, YouTube show host (the Old Fashioned Real Estate Show), world traveler, and spreader of joy and happiness. He makes his living owning multi-family properties. We are going to talk about how he got started, how he finds and analyzes deals, and the options you have for funding a deal.  Multi-family is one way to retire early from your day-to-day job and it doesn’t take as much money to get started as you might think. Hear all about it, ask your questions, and make your plans! How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American

Find a great deal and odds are, you aren't the only person who knows about it. The competition in real estate investing has multiplied exponentially over the past few years. We are going to talk about how to think productively about competition and more importantly, what to DO about it. Where can you find your edge? How to size up the competition (and yourself), how to respond to challenges, and how to collaborate profitably.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com Announcemen

Dwan is one of the most prolific real estate investors and trainers in America. She is the author of several best-selling books and has trained thousands of investors. She was a single mom and now she and her husband basically own a town. Hear her story coming up today on the show.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com Announcements: The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing fr

Today we are going to talk about flipping houses. A profitable house flipping business is always going to be about the numbers. Learn your numbers, know your numbers, use the numbers until they become second nature. This is a topic people pay me big money to teach them, but I’m going to share quite a bit of it with you today. And it’s yours at no cost or obligation simply because you took time to listen to the show. Long-time listeners will know that I do this from time to time. Sprinkled over the past 414 hours of Flipping America shows is probably all the real estate education you’ll ever need. How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us kno

Today we will continue and conclude our conversation with Damion Lupo regarding the eQRP. If you missed the previous episode, you may want to go back and listen for a couple of reasons. 1. We introduce, define and describe the eQRP, but 2. As a lead in to the discussion, Damion and I talked for a few moments about business failure and the challenges we both have face in our investing careers. It was a candid moment and many have written in or called to tell us how powerful the impact of this frank conversation has been in their own lives. It was totally unplanned - like most of life’s best moments, right? Later on I will introduce you to my new friend Mark Willis, a certified financial planner out of Chicago and we will continue a conversation about money with a few unique twists. I’m very impressed with Mark and we are going to get him back for a longer conversation in the near future.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia T

When it comes to retirement accounts there is a language and set of acronyms that rival any other business out there. You have a myriad of choices - you are blessed with dozens of options and opportunities within those options. It can be complicated and confusing. Some will say “I prefer to keep it simple” and then proceed on a plan to own ten rental houses - The end. That can work, but you will be paying more in taxes, living on less, and will have missed a lot of opportunity on the way. Today I’m speaking with Damion Lupo who is going to turbo-charge your retirement plans and along the way he might just set your imagination on fire. There’s nothing like planning ahead, right? Ultimate Flexibility, Control & Protection to optimize your investments. Get ready to accelerate your returns 10X faster than a traditional 401(k) plan or Self-Directed IRA! Enjoy the widest range of alternative investment options available. Get the freedom and security of total Checkbook Control. Rollover your 401(k), IRA, SDIRA,

Real estate investing takes two or three things to work well. The first thing is a value-add property. The next is your ingenuity and effort. The third thing is usually the money to do the deal. That seems to be the hardest part, but if you have the right kind of deal, it can be very easy to get. They call it hard money but not because the loan is hard. It’s because the loan is made using the hard asset as collateral. The loan depends primarily on the current and future value of the property. And the loan is often made not based on creditworthiness of the borrower but by the confidence the lender has in the borrower to get that property into a condition that would bring the future value.  You’ll hear all about it today with our friends from Bay Mountain Capital, Will Dyer and Wayne Corley. That’s coming up in just a few minutes.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Com

Today our guest Lane Kawaoka tells us how to invest in large stabilized deals without having to do a thing! Get diversification:  Many commercial real estate investments have high acquisition prices (think $10M+) to which most people don't have access. Lane says you want to get away from Mom and Pop investments like 1-40 units. 1-40 unit deals typically have pricing issues because all the amateurs are involved and the deals that look good from a per unit price perspective are usually under 80% occupied and have ISSUES.  Investing passively in a group can allow you to invest in multiple asset classes (apartment/mobile home/assisted living), in multiple locations and with varying business plan duration.  Investing passively allows one to avoid being exposed to credit or liability risk.  No W2 documented income no problem!  You do not need to personally guarantee multi-million dollar loans and be the fall guy.  The goal of a Limited Partnership syndication investor is to create a "ladder" of investment that crea

My real estate career is like a Dickens novel. It was the best of times. It was the worst of times. And the quality of those times has always been dictated by the quality of contractors I have used. A good contractor makes this business pretty easy. A bad one will create one challenge after another. Today’s show is a talk I delivered to the Flipping America REIA about how to find and Vet Contractors. Use this information to do a better job of hiring and avoid heartache, headache, and difficulties.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com The Flip

We conclude our conversation and Q&A with Pat Dornan discussing the cost of repairs and issues surrounding the hiring and supervision of contractors. We talk a little bit about a package of documents I use in my business I call the Contractor Docs. These 11 documents include the ad I run to hire contractors, the application process, payment policy, Lien waivers, construction agreement and much more. I paid my attorney thousands of dollars over the years for some of these and some of the refinements in them have come from the various ways contractors have taken advantage of me. Even though they cost me thousands, I give them to you for free. All I want in return is your email address. Go to my website and click the link right on the home page.  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email

Ask someone how to know what it costs and the usual answer is, “get out there and fix a few properties - then you’ll know.” This is almost like saying - go lose money on a few deals and you’ll figure it out. This actually works sometimes! But you may prefer to NOT lose money. If so, you MUST know what it’s going to cost you to repair a property.  I’m joined on the call by Pat Dornan, licensed contractor, licensed Realtor, rehab investor, and founder of FlipCalcPro. Pat has rehabbed hundreds of properties and brings a wealth of experience to the call. We will consider a number of issues including: How to look at a house online. How to estimate after seeing only the outside. How to look at a house in person.  What things cost What to pay for labor How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email y

This is your opportunity to ask anything you wish. In a few minutes we are going to join a recent call with the Flipping America REIA where we just opened up and took questions from everyone present. I was joined by my good friend and mentor Gordon Catts, who has been a real estate investor for fifty years. He has traveled the country teaching real estate and was instrumental in forming the Georgia REIA, the Atlanta REIA, the Mountain REIA, which he still owns, and the Flipping America REIA. I’ve never thrown him a question or situation he wasn’t familiar with or didn’t have an answer for. He is then the perfect person to join us on this call. How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (76437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to kn

COVID-19 presents a number of challenges and an air of uncertainty for those of us in the real estate investment sector. During these tense times, it takes a different approach to find investors and source capital for our ventures. Some people say: “just find a good deal and the money will find you.” Does that ring a bell? We’ve all heard it. Unfortunately, it’s NOT that simple. Especially right now…with such HUGE stock market volatility that have affected so many people (and their retirement savings). In reality, you need to have a bunch of investors who are already in the wings, ready to roll... and THEN find a good deal. ...THEN it will work. So how do you reach out to these investors when you have a good deal? How do you get them to pay attention during all of this COVID Pandemic stuff? Today we are going to hear from Dave DuBeau who recently spoke at the Flipping America REIA weekly meeting. This guy has some great ideas about how to raise private money and his presentation was absolutely inspiring. We w