Flipping America: Deal Flow with Tony Lukashevich

Deal Flow with Tony Lukashevich

Jul 19, 2018

FAR 171 Expected Air Date: 07/19/18

Opening

In the business of flipping houses, the challenging part right now is finding that next deal. Everywhere I go, the word is “deals are hard to come by. Everyone is bidding properties up, by the time it gets sold, it’s no longer a deal.” What can you do? Well, one thing you can do is listen to today’s interview with Tony Lukashevich. Tony is the owner of Reno Georgia and has more than 200 rehab projects under his belt. He’s also the Atlanta area coach for the Flipping America mentoring program, working closely with our Atlanta operators to ensure they deliver their projects on time and on budget. In a few minutes Tony will be with us and share with us how he finds all the deals he needs using just ONE strategy with wholesalers. It doesn’t cost him anything but time and persistence. I know about 10 ways to find deals, but Tony gets more out of this method than anyone I’ve ever seen. It’s taken it to an artform and he’s going to share it with you. Don’t worry - he’s not shooting himself in the foot by sharing his secrets with you. We both know that despite the appearance of shortage, there is NO shortage of opportunity. It just requires time, patience, diligence, and some good old fashioned work - even though the work is not that hard. Tony is coming up in just a few minutes.

How to Reach us

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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 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!

Guest: Tony Lukashevich,

Emails:

Questions@flippingamericaradio.com Tell us where you’re from!

Simon, Boulder, CO, “We have been thinking about investing in a Senior LIving Center. I saw an article stating that the American population is aging and this would be a good investment. What do you think?”
Megan, Long Beach, CA, “I’m looking into investing in mini-storage. Im’ wondering what you would consider a good return?”
Alex, Jacksonville, FL “Is it possible to flip multi-family?”
Will, Lancaster, PA “My question is this: what are the questions I should be answering for myself as I consider whether or not to invest in real estate?”
- Why am I doing this?
- What do I want / need in the way of returns?
- What are my options / investment types?
- What is my risk tolerance?
- What are my time horizons -
  - How long do I want to hold properties?
  - How long do I want to be actively involved in this?
- What’s my exit?
  - Sell?
  - Legacy?

Motivational Thoughts for the day

Most opportunities come disguised as hard work. That’s why most people don’t recognize them. -Ann Landers