Flipping America 294, Stop Being Poor, Part One
I did a show last year that was a bit controversial but not nearly as much as I had anticipated. In fact the overwhelming response was more than 98% positive so ultimately I decided to turn that show into an e-Book. The topic is poverty and the title is Stop Being Poor: Yes, it IS a Decision. This book will hit the presses around the first of December and will be available for pre-order in a few weeks. Today I’m going to read some of it to you. That’s coming up in just a few minutes.
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Announcements:News:
U.S. Home Flipping Returns Drop to Nearly Eight-Year Low in Q2 2019 https://www.attomdata.com/news/market-trends/flipping/attom-data-solutions-q2-2019-u-s-home-flipping-report/
Independence Delay: Americans Are Living on Their Own Later And Less Often
We tend to believe that whatever is happening in the adult world when we enter adult consciousness is the norm. Until the 1950’s there had rarely been enough money anywhere for 20 and 30 somethings to live comfortably alone. Aging parents always stayed with the adult kids. “Live long enough to be a burden to your children.” Our current affordability challenges have some people rooming together, old people moving in with grown kids - in other words looking like the entire history of humanity until fifty years ago.
https://www.forbes.com/sites/taramastroeni/2019/09/25/independence-delay-americans-are-living-on-their-own-later-and-less-often/#36eecabb5c9b
The Metric You Can't Afford To Ignore When Analyzing A Flip
https://www.forbes.com/sites/forbesrealestatecouncil/2019/09/24/the-metric-you-cant-afford-to-ignore-when-analyzing-a-flip/#1e04cfb16c1b But why is there a defined limit on rehab capacity considering rehab loans include repairs? Lipstick rehabs are bought at the steps.
Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control NationalAffordable Housing
https://www.bisnow.com/national/news/affordable-housing/treasury-blocks-fannie-mae-freddie-mac-lending-rent-control-areas-100842 Trump against “blue” states? Nope - Not using tax dollars to bail out problems created by irresponsible local governments.
Your Questions: Send emails to questions@rogerblankenship.comCall 404-369-1018, press 1 and leave your message!
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