Listen "The Basic Buying Rules"
Episode Synopsis
FAR 112 Expected Air Date: 01/25/18 Opening: Hello everyone. I am Roger Blankenship and I teach people how to make money in Real Estate. Today we are going back to the basics. People seem to be coming out of the woodwork asking questions about getting started as active real estate investors. Today we are going to cover the basic buying rules. I've got a formula I've used for years in buying flips. If you've had any training at all on the subject, the formula may be familiar to you, but I'm going to explain the reasoning behind it and why you should not violate this rule - meaning pay too much for the property. Then I'm going to give you a couple of formulas for buying rentals and connect them to capitalization rate. All that is just ahead. Heads up! You can get this information in video form by subscribing to the Network! We are getting a ton of questions about private lending as well so we are going to cover that topic Saturday. And sandwiched in-between... If you're in the Atlanta area, plan to come out tomorrow morning to hear Roger Herring in person as he covers tax reform and its implications for us. I'm looking forward to being there. Send an email to [email protected] and Roger's assistant will send you what you need to get in. Announcements: NEW NEW! www.flippingamericanetwork.com is LIVE Call in to our comments line! 404-369-1018, extension 1. Leave your message. [email protected] Tell us where you're from! Like us on Facebook. www.facebook.com/flippingamericamedia Check in with us every Tuesday for "Tuesdays at Two" Follow us on Twitter @FlippingAmerica IF WE READ YOUR QUESTION ON THE AIR, WE WILL SEND YOU A TICKET TO OUR NEXT FLIPSTARTER EVENT. THAT'S A $97 VALUE! News: https://www.benzinga.com/pressreleases/18/01/p11073843/global-wellness-institute-releases-landmark-report-build-well-to-live- https://www.fastcompany.com/40512467/utopic-wellness-communities-are-a-multibillion-dollar-real-estate-trend http://www.digitaljournal.com/pr/3632224 https://www.cnbc.com/2018/01/23/enough-with-the-doom-and-gloom-retail-real-estate-has-bright-spots.html https://simplywall.st/stocks/sg/real-estate/sgx-c2pu/parkway-life-real-estate-investment-trust-shares/news/parkway-life-real-estate-investment-trust-sgxc2pu-is-a-real-dividend-rock-star-here-is-why/ http://www.nreionline.com/finance-investment/new-tax-laws-likely-increase-hnw-investment-real-estate https://therealdeal.com/2018/01/25/hamptons-housing-market-ends-2017-on-a-high-note/ https://www.pressherald.com/2018/01/24/maine-housing-market-continues-record-breaking-streak/ Emails: [email protected] Tell us where you're from! DeOnna, Columbia, SC "How much money will I need in order to buy a rental house?" Shawn, "Milwaukee, WI "I have a full-time job but want to get into this. How much time to I need to plan in order to pick up a few houses a year?" Angelina, Long Beach, CA "With my busy life, I don't know how to make time to become an investor but i want to. Please help me figure this out?" Errol, Little Rock Ak, "How do you find properties to keep your deal flow?"
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