Flipping America 139, Realtor or not?Flipping America

Expected Air Date: 04/05/18

Opening

Should real estate investors become realtors or not?

Hello everyone. We’ve had some truly great guests on the show in the past few weeks and I’ve learned a lot from them and have been inspired by them. But you my dear friends have many questions and many of you communicate with us about how much you enjoy the questions and answers.

It’s been awhile since we reached into the metaphorical mail bag and the questions we want to address on the air have been piling up. So in a bit we are going to take a look. We are going to deal with the issue of whether or not you need to be a Realtor in order to be in this business. I’ll do some pros and cons on that subject.

We also have received a few questions about getting more deals in your inbox so I’ll be sharing a strategy about that.

How to Reach us

www.flippingamericanetwork.com

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YouTube: bit.ly/FlippingAmericaOnYouTube

Linkedin: bit.ly/FlippingAmericaOnLinkedIn

Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

Announcements:

My upcoming speaking engagements:
- TONIGHT, Chattanooga REIA
- April 14, FlipStarter Savannah
- April 21, FlipStarter Atlanta
Details on the website and at FlipStarterEvent.com

News:

Motivational Thoughts for the day

Is your life and career right where you want it to be? If so, that’s great! If not, what are you going to do differently going forward to change the course of your life? If you do the same things you’ll get the same results. So what are you going to do?

Comment Line calls and Questions

Call 404-369-1018, press 1 and leave your message!

Emails:

Questions@flippingamericaradio.com Tell us where you’re from!

Lynette, Milwaukee, WI, “Do I need to be a realtor in order to be an effective investor?
Pros: Access to MLS, Set up your own searches, Best data for CMA’s, Save money on commissions
Cons: Cannot pay referral fees to unlicensed individuals, disclosure requirements, continuing ed, much knowledge unrelated to investing. Selling your own flips is like fixing your own flips if you’re a contractor. What you save is offset by the time you spend doing things you could and should be paying someone else to do.
Kimberly, Sandy Springs, GA “I’ve heard you mention that you have deals coming to your inbox every day. How do you do that?”
Lilly, Villages of Ocala, FL, “My husband and I are so tired of our rentals, but we are not tired of the cash flow. We are both in our late 60’s. We’d like to sell them to end the headache but aren’t sure where we would put the money. Any suggestions?
- Perhaps not sell – perhaps owner finance?
- Not an investment advisor, but as a suggestion, you could always look into private lending.
Chanterelle, Long Beach, CA, “I want to buy some rental properties in Atlanta. Can you connect me with resources there for buying and for property management?”
Larry, Atlanta, GA “I want everyone to know that the deal I brought you two weeks ago is now sold and closed. You said you would help me get it sold and you did. Thank you.” (The power of networking)
Celia, Hammond, IN, “I listened to what you said and went out and made offers on three houses. Two of them got accepted! What do I do now? I don’t have the knowledge or ability to fix and flip them, but I think the numbers are right, according to what I’ve been hearing from you. Please tell me what’s next?”
Charlie from Soddy-Daisy Tennessee. “Excited you’re coming to Chattanooga! I plan to be there and meet you. My wife and I used the information in your Three Formulas video to make an offer on a fix and flip. I’m a contractor so I knew what it would cost. She’s a realtor so she could tell the ARV. We used your formula and now we think we are going to make about 35,000. This seems easier than the impression we had and we are so happy we took action.”