Easier than fixing and flipping. Up to 10 times the cash flow of a standard rental property. The BOR method is the new go-to real estate investing strategy. BOR stands for “Buy”, "Owner-Finance”, “Repeat”. The secret is to buy a house for under $20k that might need a little work, but seller-finance it to someone locally as-is.
As part of an exclusive buying program with the major auction houses, we are finding and buying houses for around $10-$15k all across the country every week. We can find more than we can buy, so we decided to share this opportunity with a select group of investors. Let me make a small fee and I can connect you opportunities that will bring a 30-50% annualized return on investment. These properties will be shown only to members of the Flipping America Buyers Club. Read on and see how your membership could be FREE.
My mentor for this business model is Eric Tomasi and he will be joining us on the call. He has been doing this for 14 years and has bought more than 11,000 houses. He and I will talk about the business model, how it works, and how you can get involved. You could be cash-flowing in a couple of weeks!
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.
Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors
American IRA: www.americanIRA.com
FlipStarter Online! www.flipstarteronline.com
Announcements:
- The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
- “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.
News:
Topic: Exploding Cash Flow with Eric Tomasi
Questions:
- Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.”
- Justin, New Orleans, LA I am looking for an unlisted property, where I know the square footage and the number of bedrooms and baths. Is there a way to search all homes in a city?
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- If you are looking for information on a particular property the best place to start is to just google the address. This will almost always bring up a page of results that includes zillow, truila, realtor.com and sometimes redfin.com. I tend to look at all 4 but start with Zillow. Ignore for the most part the Zestimate, but this page can give you all kinds of useful information about the property. Zillow has a way of looking at similar properties that have sold in the area, which can be a rudimentary way of running some comps. When you are ready to pay, check Privy software bit.ly/getprivyprogram to see if they are in your area. If they are, it is well worth the investment to get and learn to use this software. You can also go to flippingamericacomps.com and sign up for a free trial of a software package the pretty much covers the entire United States. Again, the price is well worth it and my team and I use both. Even though we have these, if all we want is basic info about the property we will google it and check zillow.
Motivational Thoughts for the day
“The secret of getting ahead is getting started.” – Mark Twain.
Tags: real estate, real estate investing, real estate investments, real estate education, income properties, rentals, Flipping America, Roger Blankenship, cash flow, seller financing, BOR
