Flipping America

I would bet you’ve seen a billboard or something advertising HomeVestors. You might not know that name, but you know the phrase, “Ug buys ugly houses.” That’s HomeVestors and today we have a HomeVestors investor joining us to talk about what it’s like. You might want to do this! Dean Bendall has been a friend of mine for at least 15 years. A few years ago he called me and asked about HomeVestors. I referred him to another friend of mine, they spoke and Dean signed up. In short, this is going very well for him. This is not an opportunity for the timid or someone who is broke. But if you’re willing to work their system, you’re going to have some fun and make some money. Dean will be with us in just a few minutes.

He’s been diagnosed with cancer - two different types over the past 15 years. He’s endured more than his fair share of the trials and tribulations life can bring. Yet over the past 30 years he has had zero bad days. In fact, he’s so skilled at having “No Bad Days” he just wrote the book on it. His name is Jeff Holst, and he’s coming your way today on Flipping America. Jeff is a former lawyer turned real estate investor and YouTube show host. Although I’ve known him for years, I didn’t know his motto was “no bad days” until about a week ago. Already, this philosophy has taken root in my life and is affecting the way I choose to interpret the events of each day. It’s not woo-woo or magical thinking. It’s a choice that over time can become a habit and if you hear him out, I think it could be life-changing for you. Jeff is coming up in just a few minutes.

You’re not in business until you’ve made a sale. Until then, you’re just spending money on an expensive hobby. Marketing is the heart and soul of every business. It is directly connected to your business success and can overcome many other problems, including in some cases, products that were not the “best in category.” In fact many of the best products worldwide do not win the day because others spend more on marketing. And it’s not just spending more, it’s spending more efficiently. Richard Roop is joining us today. He’s a long-time marketing expert and has been called the number one lead generation marketer in the real estate industry. He’s been at this for years, knows the business inside and out, and stays on top of what’s happening in the world of marketing. You’ll enjoy this conversation and it’s coming in just a couple of minutes.

They are not just for vacation any longer. Short Term rentals serve a variety of purposes for both business and personal travel. But regardless of the purposes, short-term rentals have one thing in common - they can cash-flow like a river after a dam burst. Elizabeth Maora Sickels had no idea she’d hire a team and build an entire business that focuses on short term rentals. Elizabeth started like many new investors, by renting out her personal property on Airbnb. She resigned her engineering position with Ford Motor Corporation and decided to travel for six months. Moving to Indianapolis in 2017, she set about making real estate her new career. She started out furnishing and managing one short term rental for a group of investors. Within a few months she had 10 properties under management. She was growing because she was doing things differently. With an MBA and engineering background, she was focused on the metrics and what is needed to have a profitable short term rental property. She continued to separate

Today we are talking about passive investing and our guest is Ken Gee of kripartners.com. What do you think of when you hear the phrase passive investing? I think of sitting in a comfortable chair under a palm tree looking out at the ocean, sipping on something tropical, while my money is working hard to earn enough to pay for this. Let’s get you there. Ken Gee has been pursuing the thoughtful path to wealth from an early age. He discovered multi-family and invested while keeping his day job and in time realized that the investing side was much more promising. His attention to detail, high character, and flawless performance have made him a formidable force as an investor and someone to trust with my money.

What’s it like to invest in real estate in Canada? Are you tired of government overreach, wary of the “fixes” the government is putting into the economy? Do you avoid investing in rules and restriction-heavy environments like California, New York, and New Jersey? If so, you’ll be interested in hearing just how much WORSE it is in Canada. Today’s show will make you proud to be an American, although that was surely not the point when we recorded it. Matthew Ablakhan is a young motivated investor, the son of displaced Iraqi Christian parents. He and his brother started investing, then set up a mortgage company, and then a real estate brokerage. Together they lead a growing company in suburban Toronto. Canadian law rules out all but the wealthiest developers. Mortgage rules essentially require homeowners to make plans based on future interest rates (and who knows what they will be?). These and other issues make it challenging to make money in Canadian real estate. In fact, many Canadian investors choose to put th

Bloomberg just published an article with the headline, “Wall Street Is Losing Out to Amateur Buyers in the Housing Slump” I have a question: Who are you calling an amateur? They assume the analysts in cubicles in New York are the pros and we are the amateurs simply because of bias. It’s more than just semantics, but I submit that pros do whatever they do for money. Amateurs have other reasons. And it’s the small investors like you and me who are making money at this game. The big institutional businesses, hedge funds and iBuyers, are not really making any money. I would submit that while the premise of the article is factually correct, the labels should be reversed. WE are they pros. THEY are the amateurs.  There’s a lot going on in real estate right now and we need some time to unpack it. Which I’m going to do today.  Ok ok, I do know a lot about single family residential investing. But once you get into other asset classes, it’s not all that hard to stump me. Fortunately, I know a lot of smart and experienc

As you are out traveling the world, you’ll quickly realize that not only does money make the world go round, the American dollar is not the money a lot of people want. You’ll need to convert to the local currencies. Today I’m going to talk about the best way I’ve seen to do that. Kelly Cutchin is a Country Money Manager for Moneycorp, moneycorp.com. She and her company can help you get money moved around and converted in the most efficient and inexpensive way possible. We will hear from her in a few minutes, but first the news!

This show is called Flipping America, but it’s a big wide world out there and there are investment opportunities all over it. We are going to explore that a bit today. Ronan McMahon is the editor of Real Estate Trend Alert, Your Overseas Dream Home, and a contributing editor to International Living. Ronan’s newsletter, “Your Overseas Dream Home” is delivered to readers’ inboxes daily. No matter what level of real estate investor you are, there’s plenty of great info for you. In it, you’ll read about every promising international real estate investing idea Ronan and his team comes across. He also brings you up to speed on his favorite markets for making “double your money” gains through either capital gains, rental income, or both. He also shares his key strategies for identifying profit opportunities in some of the most beautiful locations worldwide—by Caribbean, Pacific, and Atlantic beaches, in glamorous European cities, in quaint little mountain towns, or anywhere else that might interest you. I’m happy to

You need a coach. How do I know? Because no one sees themself truly objectively. Tiger Woods was the best golfer in the world by a long shot and he never competed without a swing coach. You want to play a sport? Get a coach. You want to run a business? Get a coach. Want to invest in real estate? Get a coach. And I’ve got a great one coming today. You’ll meet Chris Prefontaine in just a few moments. As you’re about to hear, Chris has been in the real estate business a long time and he’s been helping others get into the business for a long time. He’s written at least four books - because that’s how many he sent me. He’s a master of creative deal structure. He knows how to live and invest in competitive areas with high prices. We all can learn from Chris - I know I already have and I’m excited to share this interview with you today. The last time I had a real estate coach on the show, I was surprised at how many of you asked me something to this effect: Hey Roger, you’re a coach. Why are you helping promote your

Sometimes you just need a little extra help. Today we are going to talk about an affordable solution. Kristy Yoder is a Filipina based in Ohio. She is the Founder and CEO of Smart VAs and the host of The Master Delegator Podcast where she teaches entrepreneurs and leaders to grow their business by delegating. As a multi-skilled leader, she humbly worked her way from being a freelance virtual assistant and digital marketer to becoming an entrepreneur. She is passionate about helping stressed and overwhelmed business owners get their time, freedom, and life back while running a successful business. She built and trained a team based in the Philippines to help business owners scale their businesses while living a freedom-filled lifestyle. Kristy leads more than 70+ team members and has served more than 200 businesses in the US together with her team since 2020. Kristy grew her business from $0 to now close to 7-figure revenue and desires to help business owners achieve their business goals.

Curtis May is the creator and owner of Practical Wealth Advisors (PWA) and host of The Practical Wealth Show Podcast. The primary focus of his financial planning firm is to help individuals and families become financially free by following the principles of wealth creation that have endured for centuries around the world

Imagine this: You make $20,000 on a real estate deal, but you are neither the buyer nor the seller. And you’re also not the real estate agent. How does this happen? We will tell all today on Flipping America. Our guest today, Brent Daniels was living large as a real estate entrepreneur, well on my way to fulfilling my “Rich Dad, Poor Dad” dreams: Designer clothes. Flashy cars. Big house. A year later, the housing market crashed… HIs business went under. His cars get repossessed. He lost his home and five rental properties to foreclosure. And he get slapped with a $742,000 judgment for breaking a commercial office lease. And then things got really bad. He got divorced, got a DUI and sat in jail for a month. Then something happened that turned his life around. While working as a realtor he sat at a closing and watched a wholesaler make $40,000 without ever taking ownership of the property. He learned how to wholesale properties and never looked back. Brent has an incredible story and a great track record as a r

Jack Gibson has written Indestructible Wealth, what I think is the best business book I read in 2022. And I read more than 120 books last year. Our conversation included real estate, crypto currency, including bitcoin mining, investing in the stock market, wealth management, and multiple streams of income. Jack has the right ideas and has expressed them beautifully in this well-written book. He should charge $100 for it, but he doesn't.

After you have figured out how to make money in real estate, the next most important thing you need to learn is how to hang on to it. Today we are talking about some stuff I wish I had known… David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 to over 25 deals a month, he realized that as much money was coming in, it was all going right out the door. With the unique opportunity of being in every seat as a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went. David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Ste

Who owns your local car wash? It might be a friend of mine and if you want, you can own a piece of it too. Coming up today on Flipping America Although the show is called Flipping America we don’t encourage everyone to drop what they are doing and start flipping houses like you see on TV. We DO encourage everyone to consider real estate as a part of a balanced investment portfolio. To that end we bring you the best news, analysis, strategies and tactics, demographics, tools, and methods we can find mixed in with incredible people doing fantastic things in real estate. It’s all here for your inspiration, information, and edutainment. We’ve got one of those incredible people joining us today. Chris Larsen is one of the smartest dudes I know. He’s the host of the Next Level Income Show and author of the book by the same name, Next Level Income. He’s been a multi-family buyer for years but he recently branched out into car washes. Coming in a few minutes, you’ll hear his vision for the business and how you could

What if I told you that you can use one software tool and buy 12 profitable deals next year that are listed on the MLS? It’s true because one guy did it this PAST year and next year is only going to get better. Learn more in just a moment on today’s episode. Benson Juarez is the Marketing Director and one of the owners of Privy Software. I like him and check in with him from time to time just to see what he’s doing. I was in for a surprise. When I called him the other day he told me that he had temporarily relocated from his home in Denver to St. Louis to, using his own words, “practice what he was preaching.” He decided to demonstrate live and in person how to build a real estate business using Privy software as the only deal sourcing tool. He used Privy to select St. Louis, went over and set up shop, and did 12 deals in one year. I told him we needed to record that conversation so we did - and it’s coming up.

I don’t encourage everyone to drop what they are doing and start flipping houses. But someone listening to my voice right now is going to start flipping houses and change your life. Thank you to everyone who made my book, “Flipping Houses in Ten Days” an international number 1 bestseller. And if you don’t have it yet, just put bit.ly/10dayflipper into your browser and it will take you to the Amazon page where you can order it. You can still get the Kindle version for free if you act quickly. House Flipping is going to make a comeback in 2023. Opportunities will be more plentiful and I predict that you will even be buying REOs from the MLS like in the good ole’ days. No wait - that might be going too far. But maybe… Last time we started a conversation with Bruce Glenn about Flipping Houses. This time we will finish it. He is a master house flipper and licensed appraiser from Birmingham, AL. We will conclude that conversation in a few minutes.

I don’t encourage everyone to drop what they are doing and start flipping houses. But I DO encourage some of you to do it. And if you are going to do it, why not start with a little knowledge? Thank you to everyone who made my book, “Flipping Houses in Ten Days” an international number 1 bestseller. And if you don’t have it yet, just put bit.ly/10dayflipper into your browser and it will take you to the Amazon page where you can order it. You can still get the Kindle version for free if you act quickly. The market is slowing. Despite all of the gloom and doom predictions from the clickbait wannabes on social media, this does not spell a disaster. It DOES portend an opportunity. 2023 will be a rebounding year for house flipping, and I think also for BOR houses, but that’s not the topic for today. Bruce Glenn joined us recently for an interview. He is a master house flipper and licensed appraiser from Birmingham, AL. We will talk about some of the issues and I think you’ll see that you can do this if it’s what y

I’m on a mission to help 1000 people become real estate millionaires. This year the Flipping America REIA is focusing on 11 different ways to get there in our main meetings on the third Thursday evening of each month except December. January was Multi-Family month. February is House Flipping month. Today, we talk to Bruce Glenn, who has made his millions Flipping Houses.  We don’t encourage everyone to drop what you are doing and start flipping houses like you see on TV, but we do encourage everyone to have real estate as a part of their investment portfolio. Today we are looking at an interesting possibility in another country and I will weigh in with some of my criteria I use when evaluating international investing.