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Learn how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career.

Apr 22, 2020

Today we are talking about a form of passive real estate income that can create cash-flow, tax advantages, and build wealth. I’m talking about turn-key rentals and today we have two of the best - Jack Gibson and Jeff Schecter. A Turn-key rental is a property you buy from someone that has already been rehabbed and is ready for the rental market. It may already be rented! A good turn-key supplier can recommend a property manager or two. The best don’t do the property management. They have enough to do with locating and rehabbing the properties for you and this helps you avoid possible conflicts of interest between construction, maintenance, and management. Jack and Jeff have been in this business for years. They approach their craft with integrity, understanding of the market and awareness of your needs. If you are on the hunt for cash-flowing rentals - if you are pulling money out of the equity markets and looking for a safe place to put it, you are going to want to connect with them.  

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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 from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
  • 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.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
  • “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

Guest: Jeff Schecter and Jack Gibson

  • Jeff Schecter, Jack Gibson
  • The High Return Real Estate Show
  • A business that can help people restart their lives (not a life coach). 
  • Help people develop skill sets to not have to look for a job. 
  • The Gig Economy. 

Shecky  - the Gig Economy will explode. 

  • Projects that accelerate sustainability and fixing the earth. 
  • Multiple Streams of Income. 
  • Highreturnrealestate.com

Motivational Thoughts for the day

“Being challenged in life is inevitable, being defeated is optional.” – Roger Crawford.