This week in Summary
Investing Tip of the week
Winter Weather Tips:
If you have vacant houses in areas where it might freeze, save your water pipes by winterizing your property. If the vacancy is temporary, you may want to leave the heat on and a faucet dripping. If longer term, consider turning off the water to the house, then opening the faucets and running the water out of the lines. Dig further for what is appropriate for your area.
It’s or maybe impossible to paint exteriors in cold weather. In more northern climates, all exterior work may grind to a halt during deep freezes. Plan your calendar accordingly.
In the more temperate zones, subject to only occasional freezing conditions, you might be able to continue the project but should build extra time into your schedule and expectations.
Joke of the Week
Here’s a bunch of Snowman Jokes:
- What do you get when you cross a snowman with a vampire? Frostbite.
- What do you call a snowman who vacations in the tropics? A puddle.
- Why was the snowman looking through the carrots? He was picking his nose.
- What do snowmen wear on their heads? Ice caps.
- What happened when the snowgirl broke up with the snowboy? She gave him the cold shoulder.
- How does a snowman lose weight? He waits for the weather to get warmer.
- What do you call a snowman with a six pack? An abdominal snowman.
- Why did the snowman turn yellow? Ask the little boy over there.
- Why did the snowman want a divorce? Because his wife was a total flake.
- Why did the snowman call his dog Frost? Because Frost bites.
Blessing of the week
When the roaring flames of your love have burned down to embers,
May you find that you’ve married your best friend.
This week's Video: Why the iBuyers will Fail
Ever heard the term iBuyers and wondered what that meant? In this week’s Flipping America episode, Roger Blankenship breaks down his definition of iBuyers and breaks down why they are destined for failure.
The Flipping America Show
Episode 573 House Flipping With Bruce, Part Two
November 21, 2022
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.
Flipping America News
This Christmas, give someone you love the gift of a new income stream. FlipStarter, our flagship course is on sale through December 24 for $147. The course is designed to take six weeks, but if someone is highly motivated, you could actually complete it in six days. This is a complete course on how to Find, Fund, Fix, and Flip houses. Your purchase will give you lifetime access to FlipStarter, including all future live presentations and online upgrades. Go to FlippingAmerica.net/flipstarter and sign up today.
BREAKING OPPORTUNITY: If you or someone you know is a cash buyer in Florida, I have 1300 properties for an average of less than 35% of ARV. If you buy them all, it would be around $185M for properties valued around $600M. You can buy less, but there is a $10M minimum. This is for the major players. Call 404-369-1018 NOW if you can close by the end of the year.
The Flipping America REIA will be back in January. Meetings have ended for 2022.
Got a funny, clean joke? An interesting real estate story? Submit them to info@flippingamerica.net.
Real Estate News
According to this article in Mashvisor, here are the Ten Best Places to Invest in 2022 in the US.
Nashville, TN
Raleigh/Durham, NC
Phoenix, AZ
Austin, TX
Tampa/St. Petersburg, FL
Charlotte, NC
Dallas/Fort Worth, TX
Atlanta, GA
Seattle, WA
Boston, MA