FAR 182 Expected Air Date: 8/30/18 Opening I realized after we concluded Monday’s show that I had promised to make fun of a “news” story about real estate and I had just run out of time. So I’m leading off today by keeping that promise to you. Real estate is not a controversial topic and is largely apolitical. We try our best to keep politics out of this show. But I suppose I shouldn’t be surprised when a reporter’s bias sneaks through in subtle ways. That’s my reason for sharing this article with you - not because I deeply care about what she is wrong about, but because I want YOU to pay attention to the way words can reflect bias and shape opinion. So here comes the headline...
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News!
- https://www.realtor.com/news/real-estate-news/mortgage-rates-tumble-housing-starts-drag-economy/
Emails: Questions@flippingamericaradio.com Tell us where you’re from!
- Madison, Atlanta, GA, “When you are renovating something to rent, how is that different from renovating to sell?”
- Carl, Charlotte, NC, “I wanted to come to your mentoring classes this week but just couldn’t get away from here for four days. Will you be coming to Charlotte or do you have an online course I can take?”
- Evan, Lancaster, PA, “What are the numbers I should look for when buying something to flip?”
- Charlene, Villages of Ocala, FL, “I have half a dozen possibilities here, and none of them fit the MAO formula, but they are all coming in about 80% of ARV. The good news is, I can buy four of them subject to. Do you ever make exceptions on your MAO rule if you can use creative financing to buy them?”
- Elian, Jacksonville, FL, “Is the ‘no money down’ deal really possible? If so, how does it work?”
- Rachel, Elizabethtown, KY “How do you decide whether to keep a property to flip or keep it for a rental?”
Motivational Thoughts for the day
- Act as if what you do makes a difference. It does. William James