May 6, 2020
“Most people don’t recognize opportunity because it often comes disguised as hard work.”
“Opportunity paged me, beeped me, linked me, emailed me, faxed me and spammed me, but I was expecting it to knock.”
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
Civic Financial: bit.ly/CivicFinancial
FlipStarter Online! www.flipstarteronline.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 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.
Questions:
Send your questions to questions@rogerblankenship.com
- Neil, Atlanta, GA “when a wholesaler sends you a tri-plex with fix n rent turn to 4 plex for all in for 230k plus 97k for rehab 4K rents, is this a deal? or turn in to a single family for $117 k rehab for 415k ARV would this be a deal?
- Vicky, Florence, SC “Should we hold off buying flips right now? What will the selling environment be like under lockdown?”
- Jim, Flint, MI “Our Governor just extended our state of emergency. My tenants are calling to say they don’t have to pay any rent for the next few months and there’s nothing I can do about it. What would you suggest I say?”
- Caroline, Muncie, IN “I’m following your inexpensive house idea and have a buyer who is wiring me the down payment. Unfortunately they missed the cutoff yesterday (this was a Friday) and I won’t receive the money until Monday. They have provided the receipt for the wire from their bank and it looks legit. Would you let them move in? They want to move this weekend.
- Sanders, Toronto, “What are the tax implications for me if I buy properties in Detroit?”
- Reggie, Lakeland, FL “I saw you on Facebook the other day. Interesting stuff. You were talking about income streams. How do you create multiple income streams all from real estate?”
- Gemma, Madison, WI, “What are some things I should or should not say to a realtor when first getting into the business?”
- Francis, Jacksonville, FL “Would you put a new roof on a house when the current one looks a little shabby but doesn’t leak and has 10 years left on it’s rating? It’s asphalt shingles. The bad appearance is caused by tree sap, so I’ve been told. Could we just power wash it instead?”