Flipping America Roger Blankenship

What if you could invest in real estate without actually owning the properties? And what if you could scale up a business and never deal with repairs, tenants, property managers or contractors? That’s coming up on Flipping America. We are talking today about Note Investing and Fred Moscowitz will be joining us in a few minutes. He is an educator and best selling author who has trained countless investors from all walks of life on how to create passive income streams of their own. As a fund manager, Fred manages a mortgage note investment fund and is considered an industry veteran within the note investing arena. Fred teaches the concept that individual investors are able to step into the shoes of the lender, through note investing, and effectively "be the bank". Fred takes pride in collaborating with investors to help them grow and profit in the note space, as well as being a trusted and valued resource in the arena of alternative investments. His new book, titled "The Little Green Book Of Note Investing, has recently launched. You may connect with Fred at https://www.fredmoskowitz.com/ Download Fred’s special report on note investing at https://www.giftfromfred.com/ Book: "The Little Green Book Of Note Investing" pick up a copy on Amazon. I read it and he does a nice job of covering all the basics.

If you want to make money on a flip, you must buy at a discount. Many sellers can’t afford or don’t want to accept a low cash offer for their home. When you understand the possibilities with creative deal structures, you’ll be able to present multiple options to sellers and greatly increase your chances of getting a deal done. Wendy Patton is joining us today. At the age of 21, Wendy started investing in real estate. Like most young adults she was single, broke, thinking “Corporate America” was her only future. She graduated from college, was hired for that corporate America “dream job”, but was $20,000 in debt. She found real estate investing and realized that Corporate America wasn’t the golden path to what she wanted. When Wendy began investing in real estate, she didn’t fully understand her financing options, so she started purchasing real estate investment properties on her credit cards. In her own words: “At that time I didn’t know of any better way to invest. I did not have the assistance or availability of coaches and instructors. I wish I knew then what I know now about investing in real estate and creative seller financing. By the time I was in my early twenties, I had more than $200,000 on my credit cards (for my real estate deals)! I then got married, had twins, got divorced and found myself to be a single mother, all within a short time span. Over the next few years I accumulated more properties while working full-time in the corporate world. I needed to make a living, and make it fast to pay off the credit card debt I had accumulated. I came to specialize in creative seller financing techniques like: Lease Options, Subject-Tos, Land Contracts and other seller financing. So why these techniques? Because like many of you, I didn’t have the money or the credit I needed to buy in a conventional way. Now, with the lending industry the way that it is, most real estate investors can’t buy properties without being creative. These techniques are crucial for today’s real estate investor.

The next time you are taking a drive through the countryside, look out at a piece of land and imagine it becoming a place where people live, work, or play, or perhaps all of those. How does that land get transformed into housing, shopping, restaurants, or businesses? A real estate developer did that. I’m about to introduce you to one. Darcy Marler has been a full-time real estate investor for over 23 years. In that time, he has invested in every major residential Real Estate investing strategy – Small, Medium, and Large Land Development projects. He was even instrumental in getting a Horse Track & Casino built in my hometown. He has done something called Land Assembly which we will discuss in a few moments. He’s also built 45 new homes. He has done pretty much everything – short and long- term rentals, fFlips, BRRRR, condo conversions, and even changing the use of an existing building. He has written 4 books on Real Estate Investing and created an Online Course on Property Development. In total, he has owned almost 100 individual properties, with 240 units, and close to 1,000 tenants.

Imagine your boss coming to you for a performance review. She says, “good job, you’re doing well. I appreciate your hard work. Now I need you to get out there and keep on doing it. And oh by the way, we are cutting your pay by 50%.” Question: When do you start looking for anther job? Tomorrow? Or immediately? America’s real estate agents woke up Friday morning to news that hit them like that. On Friday March 15, 2024 we learned the National Association of Realtors had settled several lawsuits for $418 million. In just a minute I’m going to tell you what it all means to you, both as a consumer and as a real estate investor.

If you invest in real estate, or even if you own your own home long enough, sooner or later you’re going to need to do a property rehab. Today I’m going to tell you what you need to know about this vital piece of your investing practice. 
We get a lot of questions here and we answer them all - if you ever have a question about real estate or real estate investing, send it to questions at Flipping America dot net. We promise an answer, usually within 24 hours. And we save some of the questions to use in the show. Today we’ve gathered up some of your questions about the home renovation or rehab process and we are going to answer them for you.
 

He wants to change the world. And he’s changing the commercial lending world for sure. Amazing online tools and the lowest fees in the industry. That’s coming right up. Ira Zlotowitz is the founder of a company called Gparency. The GP stands for General Partner and the “parency” is an allusion to transparency.