We teach you 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.
Hiring An Accountant
If you’re going to be in the real estate investing business you need an accountant who knows real estate. I have one for you today, on Flipping America. Matt Lents is a CPA from Jacksonville, FL and 40% of his clients are not in Jacksonville. Wherever you are, Matt can probably help you. We will talk to him in a few minutes, but first, we have some questions from you we need to answer.
Five Things You MUST Know
No one knows everything, and no one knows what they don’t know. Fortunately, success in real estate doesn’t require you to KNOW that much. Today on Flipping America we will talk about what you MUST KNOW to be successful in this business. Look around online for training and education in real estate investing. You’ll see a combination of complexity, jargon, and pseudo-intellect mixed with a healthy dose of hype. Let’s cut through that. I’ve boiled this entire business down to 5 things you MUST know. There is a lot more to learn, but you have to nail down these items first. Without any one of them, your business will suffer.
Using Quickbooks Online, with Nick Baldo
Death and taxes - Life’s twin unavoidable realities. We are not going to talk about death today and not even taxes so much. But we are going to talk about something that will help you at tax time - better records. Learn how to use Quickbooks Online today with Nick Baldo. Nick Baldo is a cool guy with quite a portfolio of real estate in Buffalo NY. He is comfortable with a lot of the tech we use in our businesses and has developed informative courses about using them. His website is incomedigs.com and today he’s going to talk to us about using Quickbooks Online.
Mobile Home Parks with Frank Rolfe
Today we consider one of the most overlooked and underappreciated asset classes in real estate. 17.7 million Americans Live in Mobile Homes which is about 5.6% of the American Population. Frank Rolfe and his partner own about $700 million worth of mobile home parks. He has streamlined the process, refined the methods, written some books, and developed some courses. He will join us in just a few minutes in an interview we recorded with our Flipping America REIA recently. I won’t be able to play it all for you, but at the end of the show I’ll give you a link where you can listen to it in its entirety.
Top Ten Newbie Mistakes
I’ve made nearly every mistake in the book. And over the years I’ve watched other people make all the other ones. Today we are going to talk about the Top Ten Newbie Mistakes and hopefully we will help you avoid them. This show could save you $100,000 in mistakes. It could keep you from bankruptcy, it could also ensure that your real estate career is successful. Wow. Or, it might be just another way to fill 30 minutes on your morning commute.
Single Family Rentals Part Two
We continue the conversation today with our panel. Moneeka Sawyer, Kim Kesterke and Mark Dolfini are millionaire single family investors and in this portion I ask them how long it will take to become a millionaire while owning single family rentals.