Flipping America: Flipping America 437 A Time of Gratitude

Flipping America 437 A Time of Gratitude

Nov 26, 2020

There is probably nothing I can say about thankfulness or thanksgiving that hasn’t already been said and probably more eloquently put. But like love, your thankfulness is something you can continually give away and never run out of. It’s never too often and usually never too late to think about thanking someone.

For you parents out there, if you can imagine how it warms your heart when your children genuinely thank you for all that you do for them, you have a glimpse of how God must feel we we take time to express our gratitude. And although this show is no more religious than it is political, both topics are an important part of our lives and are destined to come up from time to time. So I just want to ask you right now to think about how often you pray. How many times per week? What percentage of those times when you pray do you ask God for something? 100% or close to it? The alternative is just sitting in His presence in gratitude, worship, or just with a listening heart?

Part of my challenge for you today is to focus for a few days on thankfulness. If you pray, try praying without asking for anything (“bless this food” is still asking for something). If you don’t pray, it could be something you want to try. But even then, there is someone in your life you could be thanking for something. Think about them. Then Thank them. Even if you have before. We are going to talk more about thankfulness and actually join with some of the members of the Flipping America REIA in giving thanks in just a few minutes, but first I want to get to a backlog of your questions.

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Announcements:

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Questions

Carson, Plano, TX “What are a few pros and cons of out-of-state investing?”
Hank, Portland, OR, “Glad I found your show. I’ve enjoyed listening. I’m sure you’ve heard this a million times, but I would like to know your opinion on the best way to get started in this business.
Becca, Milwaukee, WI “I’m looking at a deal that just by the numbers looks like a good deal. But when I look at the house it just doesn’t feel right. My boyfriend tells me I should trust the numbers but my realtor kind of agrees with me - it's just an ugly house situated on a weird lot. Am I missing an opportunity if I say no to this?
Sandy, Chattanooga TN, “I have an opportunity to buy a rental house in a gentrifying neighborhood just south of downtown. Although it’s improving, the schools there are still terrible and crime is high. The house would yield 2% per month in rents. But I’m hesitant. Can you help me think about this?”
Roy, Baltimore, MD, “My partner and I have been offered six row houses - the entire block for $5,000. They are all vacant and need a lot of work, and I know there are a lot of vacant homes around. But if we controlled the entire block, it seems like we shouldn’t pass it up. Our plan would be to fix them and rent them out until the neighborhood comes back, then sell. Your thoughts?”
Gary, Harrisburg, PA, “I was driving to Philly the other day and was surfing radio stations until I came across your show. Interesting stuff. I’ve been thinking about buying some rentals for side income. Can you give me some pointers on how to find something good in Harrisburg?
Jackie, Villages of Ocala, “My husband and I own 25 rental properties back in Michigan where we are from. We are thinking of selling them and using the money to buy similar inventory here in Florida. There’s no income tax here and we think we would do better. But although we live here now, we are new here and not that familiar with property in Florida. It’s hard to give up something that works for something that might work a little better. We’d like you to weigh in.”
Lupe, Boulder, CO, “I heard you mention that you love working with Realtors. Please explain why. It seems like they get paid a lot for doing nothing. I mean, it’s not that hard to list a property.”
Bernita, Macon, GA, “Is there any way to tell whether or not you need a new roof without getting up on it? I don’t want to climb on a roof.”

Motivational Quote:

“Let gratitude be the pillow upon which you kneel to say your nightly prayer. And let faith be the bridge you build to overcome evil and welcome good.” — Maya Angelou

“I awoke this morning with devout thanksgiving for my friends, the old and the new.” — Ralph Waldo Emerson

“Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” — Voltaire

“When you arise in the morning, give thanks for the food and for the joy of living. If you see no reason for giving thanks, the fault lies only in yourself.” — Tecumseh

“He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has.” — Epictetus

“Wear gratitude like a cloak, and it will feed every corner of your life.” — Rumi

“We are all more blind to what we have than to what we have not.” — Audre Lorde

“‘Thank you’ is the best prayer that anyone could say. I say that one a lot. Thank you expresses extreme gratitude, humility, understanding.” — Alice Walker

"Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into acceptance, chaos to order, confusion to clarity. It can turn a meal into a feast, a house into a home, a stranger into a friend. Gratitude makes sense of our past, brings peace for today and creates a vision for tomorrow." — Melody Beattie