Nov 17, 2018
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: 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 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.
News!
- https://www.inoreader.com/article/3a9c6e79af686340-these-are-the-10-best-cities-for-pumpkin-spice-lattes
- https://www.inoreader.com/article/3a9c6e7e554fc078-what-1-million-gets-you-in-15-cities-across-the-us
Topic: Comment Line calls and Questions
Call 404-369-1018, press 1 and leave your message!
Emails:
questions@flippingamericnanetwork.com Tell us where you’re from!
- Curtis, Murphy, NC, “I have a neighbor who inherited his mom’s house over in Franklin. He doesn’t have the time or money to fix it up. He says it’s not bad, but his mom lived alone the past 15 years and there are several minor things that need to be fixed. He just wants it gone - he doesn’t want to rent it out and every month the payment just comes out of the estate. The loan balance is a little more than $83,000. It’s probably worth about $110,000. This seemed like a great opportunity until I listened to a few of your shows and learned some things about the numbers. Do you have any suggestions? I’ve been wanting to do a deal, but just don’t know what can be done here. (We asked offline and the payments are $476 PITI and the fair market rent is $750. The repairs to rent ready condition are estimated at $6500. Also ten years left on loan).
- Jessica, Boulder, CO, “I’m having a hard time getting my contractor to listen to me. I think it’s because I’m young and female. I can’t do anything about that. But what can I do to make him do things the way I want?”
Motivational Thoughts for the day
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- It’s not about “perfect.” It’s about “effort.” And when you bring that effort every day, transformation happens. That’s how change occurs.
- Jillian Michaels