Flipping America

Have you ever thought about investing in other asset classes besides residential? Today our guest is Hunter Thompson (I know you’re going to ask, so “no, no relation to THAT Hunter Thompson) Hunter is a full-time real estate investor and founder of Cash Flow Connections, a private equity firm based out of Los Angeles, CA. Since starting CFC, Hunter has helped more than 250 investors allocate capital to over 100 properties. He has personally raised more than $20mm in private capital and controls more than $60mm in commercial real estate. Hunter has been featured in Forbes, Globe St., Inside Self-Storage, as well as a variety of other media news outlets, podcasts, and radio shows. Hunter is also the host of the Cash Flow Connections Real Estate Podcast, which helps investors learn the intricacies of commercial real estate from the comfort of their home, car, or office. He’s coming up in just a few minutes to talk in some depth about investing in other asset classes.

A couple of weeks ago we did a show about Chicago and the Chicago market. One of our guests, Jane Garvey is back with us today. I had so many more questions I wanted to ask her about life and investing in the Chicago area and my friends I’ve learned over the years that if you have a chance to tap into the mind of an expert, take it! As soon as our last interview was finished I asked Jane if she would come back and speak with me further about issues in real estate investing. She graciously agreed and that interview is coming up in a few minutes. She is a walking encyclopedia of real estate knowledge, creative deal structuring, history, perspective, and good old fashioned common sense.

If you are going to own rental properties and acquire enough of them to achieve financial freedom, sooner or later you are probably going to want to stop managing them yourself and hire a property management company. I’ve hired a few management companies in my time and coming up I’m going to share with you some tips and techniques about managing properties yourself and then give you my guidelines for hiring property management.

FAR 214 Inexpensive Rental Houses Expected Air Date: 12/10/18 Opening In this business you make your plan, plan your work and then prepare yourself for curve balls. Real estate is by definition an inefficient investment vehicle and that is a good thing. It means opportunities are always springing up. It’s a challenging thing in that you can’t get locked in to forever implementing one trick, technique, or area. To be truly successful in this business you have to get to the point where you understand an opportunity when you see it, recognize wishful thinking when you hear it, and spot a scam a mile away. Once you can consistently do that, you can adapt your plan implementation to match the opportunities that life and the markets bring to you. Today we are going to talk about one such occurrence. I recently met a gentleman named Eric who claimed that he could provide some information from the online auction houses that is not generally available to the public. That information is an informed opinion of the reser

FAR 207 Rentals Part 3 Expected Air Date: 11/12/18 Opening In the last show we talked about short term rentals. Today we are taking a more traditional approach with a discussion about landlording. I’ve owned and self-managed dozens of rentals properties over the years and I’ve also hired property management. I’m going to share with you the top 35 things I’ve learned so far. I’m pretty sure there’s always more to learn which is why I use the words “so far”. That’s coming up in a bit. 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’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: 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 availab

FAR 204 BuildZoom Expected Air Date: 11/03/18 Opening Hello everyone! If you are listening to this on our broadcast date of November 3rd, I am right now teaching the FlipStarter Course in Atlanta, GA to 40 future real estate millionaires. We are already planning our next events and are considering opening up to a larger group - perhaps up to 100, but we are trying to be careful that we are still able to give every person in attendance individual attention and personalized strategies. Today we have some really interesting guests coming up Issi Romem and Jiyan Wei from BuildZoom will be joining us in a few minutes to talk about the BuildZoom platform. If you are on the hunt for a quality, previously vetted contractor, you want to stay tuned and listen to this interview with one of the top providers of contractor referrals online. Plus it’s been a few minutes since I’ve answered your questions on the air and we have some piling up. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedi

FAR 202 Chicago Chicago Expected Air Date: 10/25/18 Opening What a day! What a City! Chicago Illinois, the third largest city in America and as you are going to hear in a few moments, the nation’s leader in Pumpkin Spice Lattes! Today we are going to focus on Chicago. We are going to speak with a leading realtor and a couple of leaders from the investor community there. And as a bonus, out bumper music is the big band song “Chicago” performed by the band named Chicago. Did you know they put out an entire Big Band album a few years ago? They surely did. It was their 18th studio album, released in 1995 and although I’m a fan of Chicago already, is one of the best things they ever did. But I digress… Let’s visit Chicago... 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’s worth. Call our National Comment Line:

FAR 203 Let’s Get Privy! Expected Air Date: 11/1/18 Opening All right sports fans, the World Series is over, it’s time to stock up for the winter and I’m not referring to groceries, I’m referring to inventory if you’re in the house flipping business. Pretty much any time is a good time to buy if you’re buying right. Coming up today is Jane Garvey, one of the founding leaders for all real estate investor associations in Chicago, IL and nationally. We are excited to hear from her. And then we will hear from Benson Juarez, one of the founding partners at Privy, a new real estate software platform that is going to blow your mind. Finally! Someone with the mind of an investor has given us non-realtors real-time access to MLS data. Stay tuned to hear about it. 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’s wort

FAR 201 Max Keller Expected Air Date: 10/25/18 Opening The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections. By 2030, all baby boomers will be older than age 65. This will expand the size of the older population so that 1 in every 5 residents will be retirement age. “The aging of baby boomers means that within just a couple decades, older people are projected to outnumber children for the first time in U.S. history,” said Jonathan Vespa, a demographer with the U.S. Census Bureau. “By 2035, there will be 78.0 million people 65 years and older compared to 76.7 million (previously 76.4 million) under the age of 18.” Today’s savvy real estate investors will take note of this trend and will at least give this some consideration while developing a strategy. Our guest today is Max Keller who has devised a strategy geared toward helping seniors both in the selling of their current homes and relocating to the next. Max has

FAR 200 Appreciation Expected Air Date: 10/22/18 Opening Real Estate, we appreciate you! Let’s talk about appreciation. Looking to the future. What has happened in the past 12 months? What is expected for 2019? What is appreciation anyway and what is the historic rate of appreciation in housing? A complete explanation plus news and some of your questions coming up. 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’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   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’s a free download and there are no upsells or in-app purchases. Free to

FAR 199 Chantelle Owens Expected Air Date: 10/20/18 Opening We are excited today to be broadcasting the show via livestream from our studio in Sandy Springs, Atlanta. We have Chantelle Owens here with us and today we are going to be talking about tax liens. I call her the Queen of Tax Liens! Chantelle has a boot camp coming up here in Atlanta and we will be talking about that as well as the tax sale process in general. As a little bonus surprise I’ve been storing up some of your questions about tax liens just for this show. I’m going to throw them to Chantelle in a little while. 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’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. Flip

FAR 198 The Guru Scam Expected Air Date: 10/18/18 Opening A friend sent me an email the other day with information about a real estate seminar he had signed up to attend. Wanted me to check it out and tell him what I thought. I did some checking and told him he was in for a high pressure sales pitch that rivaled something between a time-share and a used car. But they would be much more polished than either - in fact, you might not even realize you were being conned. I’ve seen these hucksters for years traveling the countryside taking people’s money and providing cheap canned information that anyone could learn for free. What’s worse is they know exactly how to convince you to pay $20-$50,000 and get their money by “helping” you raise your limits on existing credit cards or by borrowing from life insurance policies or your 401-K. If you’ve listened to my shows awhile you know I tend to get on a rant about this practice, but today I’m going to back up and have a little fun. A little later on I’m going to give y

FAR 197 Leslie Smith, Commercial Direct Expected Air Date: 10/15/18 Opening Leslie Smith led the launch of Silver Hill Funding in 2016, and is building on that experience to spearhead the launch of the consumer-facing direct lender, Commercial Direct. An experienced financial services professional and thought leader with more than 20 years in the industry, she has been instrumental in leading multiple initiatives that expanded companies into international markets, as well as developing systems and programs to drive operational productivity and efficiency. 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’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   Lunch with me every Wednesday. Flipping America App is in t

FAR 196 Tom Olson, Community Go Giver Expected Air Date: 10/11/18 Opening Tom Olson is a very active Real Estate investor working in Northwest Indiana Area. Tom and his teams at Olson Group provide lending, turn key, and active turn key investment opportunities to today's smart investor. Tom and his teams manage his rental portfolio which includes traditional rentals and short term vacation rentals. Tom has been a real estate entrepreneur for over a decade and has been apart of over 1500 real estate transactions. Tom and his team at Good Success, lead the Community Go Giver event each year, to help showcase how people like Tom and companies like Olson Group are having a positive impact on their community and to encourage other real estate investors to do the same.  Tom also has a mastermind for elite active real estate entrepreneurs called the Good Success Mastermind. You can check them out on social media, the Good Success podcast or online at www.goodsuccess.com   Tom has been in construction for over 20 ye

FAR 195 What NOT to Do Expected Air Date: 10/07/18 Opening Good morning. We have market news today. There is increasing evidence that the shift we predicted a year ago is happening. Sales are slowing down and we are moving in the direction of a buyers’ market. Are we heading into a crash? In a few minutes I’ll cite a story that says “yes, no, and maybe.” That’s right - a classic example of bold predictions in the real estate market. What I’m going to do is cut through all of the hype, equivocation and prevarication and get right down the the heart of the matter - how does this impact real estate investing. And then today I have a great question from one of our fans - “How about giving us a list of what NOT to do?” I love it and I’m going to spend some time on that. All that plus news, headlines, and information you need to continue to do well in real estate investing coming up. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bi

FAR 193 Expected Air Date: 10/1/18 Opening Thank you Kathy. It has come to my attention that I have missed a question that is waiting. When we wrapped up two shows ago I had a question from Ashton in Austin about note-buying and I didn’t get to it on the last show, so I’m going to start with it today. Ashton, Austin, TX, “Really enjoyed the show with Scott Carson, Can you explain the math on buying notes? I don’t see how it makes much money.” 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’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: FlipStarter Nov 2-3, Atlanta, GA   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 t

FAR 192 Kory Angelin Expected Air Date: 9/29/18 Opening We have a little bit of a selling and marketing theme going on this week on the show. Today we are joined by Kory Angelin who is going to tell us if we have something to sell, stop selling. Start relating. Remember what I said previously that in this business we are selling all the time. We are not selling our houses. We are selling ourselves, our reputation, our credibility, and our experience. This is how we are able to grow and scale our businesses. Kory Angelin is an Award-Winning Trainer and 2-time published author with over 25 years in the fitness industry.  He is a Regional Educator for 24 Hour Fitness working to help carry out their brand message. His industry experience includes partnering with NIKE to launch their SPARQ Brand, worked with a variety of athletes from the NFL and NBA and has been featured in "Sports Illustrated", "USA TODAY", "Training & Conditioning" and "STACK" Magazines for his work in the fitness industry.  Kory has been a

FAR 190 DT Investments, Jim Beach Expected Air Date: 9/24/18 Opening Hello everyone, it’s time to get involved in Real Estate. There are 85 major ways to make money in real estate and several variations of some of those methods. The opportunities are numerous and the variety is nearly endless, but all of real estate investing can be summarized around three primary activities: Buy with the intent to improve and re-sell relatively quickly. Buy with the intent to create income with the property for a longer term. Invest in the activities of 1 or 2. I’ve been looking for someone who manages a REIT to come on the show and talk about the opportunities there and you regular listeners know that I have nothing against REITs or crowd-funding real estate. Both have interesting possibilities, albeit not such a great return on the money. If you have a little bit more money and are an accredited investor, you’re going to want to stay tuned today. My good friend Jim Beach is going to be on the show in a few moments and we

FAR 189 Scott Carson Expected Air Date: 9/22/18 Opening Great show coming to you today. Scott Carson (aka “the Note Guy) has been an active real estate investor since 2002 and solely focused on the note industry since 2008 where he buys and sells non-performing mortgages directly from banks and hedge funds all across the country. Scott is the CEO of WeCloseNotes.com and the creator of the Note Buying for Dummies workshop that focuses on the 3 F’s of Note Buying… The Find, Fund, and Flip. He has purchased over a half billion dollars in distressed debt for his own portfolio and purchases assets in over 30 states across the United States. He is a highly sought-after speaker on distressed debt and was the 2014 Note Educator of the Year. He has also been featured in numerous newspapers including Investor’s Business Daily, the Wall Street Journal, and Inc.com. He has also helped thousands of other real estate investors come to the dark side of investing by plunging into the world of NPN’s or non-performing notes. A