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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.

Nov 17, 2018

FAR 201 Max Keller

Expected Air Date: 10/25/18

Opening

The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections. By 2030, all baby boomers will be older than age 65. This will expand the size of the older population so that 1 in every 5 residents will be retirement age.

“The aging of baby boomers means that within just a couple decades, older people are projected to outnumber children for the first time in U.S. history,” said Jonathan Vespa, a demographer with the U.S. Census Bureau. “By 2035, there will be 78.0 million people 65 years and older compared to 76.7 million (previously 76.4 million) under the age of 18.”

Today’s savvy real estate investors will take note of this trend and will at least give this some consideration while developing a strategy. Our guest today is Max Keller who has devised a strategy geared toward helping seniors both in the selling of their current homes and relocating to the next. Max has a unique combination of compassion and business savvy that allows him to make money in real estate while serving a vitally important role.

Max has over 15 years of experience in Real Estate, Finance, and Teaching. He earned his B.B.A. in Finance from The University of Texas at Austin and earned an M.A. in Teaching from Louisiana College. He’s a  Consultant, Teacher, and Expert Panelist. His company, flipped 24 homes in the DFW area last year. Max's consulting company helps small business owners become more profitable. As you will hear in a few minutes, much of what Max is doing now has flowed from some of the more unfortunate experiences in his own life. He and his family faced the death of a loved one without the type of planning and preparation he now provides.

Max is coming up in a few minutes and then your questions. Today we are going to talk in the Q&A time about installment land contracts, ideal rentals, creative deal financing, and much more.

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!

Guest:  Max Keller, Savior Realty

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!

  • Elmer, Villages of Ocala, FL, “Please explain the installment land contract.”
  • Dorothy, Tampa, FL “My husband and I want to invest in rental properties but we are disagreeing about the type of property. He wants to buy cheap houses in older neighborhoods. I’m concerned about crime and the transient nature of the residents. I want to buy in nice middle class neighborhoods, but he is concerned that our returns would not be very good. We would appreciate your thoughts.”
  • Aldo, McDonough, GA “I bought a home in 2010 and today homes in the neighborhood are selling for twice what I paid for mine. Should I sell now while the price is high?”
  • Emily, Wayne, PA, “I’ve done three flips in the past two years. I really want to quit my job and do this full time, but I need to do four to five flips in a year to do that. How do I get to that level?”

Motivational Thoughts for the day

    • 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