Tom Peters said, ““If a window of opportunity appears, don't pull down the shade.” No one listening to this show right now is responsible for the pandemic that is destroying the worldwide economy while taking fewer lives than the seasonal flu. It’s a strange and challenging time, but it is precisely during times like these that shrewd people sense the changing opportunities, respond to meet them and make or grow their fortunes. And it is precisely during times like these that people who are close-minded, stuck in a rut, or simply resistant to change will suffer.
Today we begin a conversation about the opportunities presented by the world-wide pandemic. We want to be careful to emphasize “ethical opportunism.” We are not here to prey on the misfortunes of others, but there are going to be people that need solutions. It is possible to help people, provide solutions, and make money at the same time. And this is exactly how we should present ourselves - real estate solutions providers.
“Most people don’t recognize opportunity because it often comes disguised as hard work.”
“Opportunity paged me, beeped me, linked me, emailed me, faxed me and spammed me, but I was expecting it to knock.”
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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: - March mortgage delinquency up. No surprise. https://www.foxbusiness.com/real-estate/coronavirus-causes-spike-in-march-mortgage-delinquency-rate-for-the-first-time-in-decades
Questions: Send your questions to questions@rogerblankenship.com
- Alison, Marietta, GA, “You seem to have several websites you mention from time to time. Can you go through them and explain the purpose for each one?”
- Warren, Macon, GA “What’s the best podcast platform to listen to your show?”
- Selena, Pittsburgh, PA “How do you figure out what to offer when you’re trying to propose a subject-to and they have a lot of equity?”
Motivational Thoughts for the day “I guess I just got lucky. I’m lucky my alarm clock goes off at 5 am so I can get to the gym, get a full workout and still be at the office before everyone else. I’m lucky my car can connect with the internet and play educational recordings during my commute. I’m lucky my office has electricity so I can turn on the lights and stay late. I’m lucky that I’m not interested in TV but would rather enrich my life through reading and research. I’m lucky that I learned to push on even when life gets difficult or I just don’t feel like it on a given day. I’m just lucky like that.” “A wise man will make more opportunities than he finds.” Francis Bacon