School For Startups – 5/18/21

Jim Beach talks to some of the top entrepreneurs from around the world, showing you that it doesn’t take any risk or passion to make it as a successful small business

James Miller | LIFEOLOGY® Radio – Ending the Binging Cycle: Guest – Dr. Glenn Livingston

Dr. Glenn Livingston teaches you how to Break the Binging Cycle so you Never Binge Again. Get a FREE copy of his book at NeverBingeAgain.com

School For Startups – 5/17/21

Jim Beach talks to some of the top entrepreneurs from around the world, showing you that it doesn’t take any risk or passion to make it as a successful small business

#474 Investing through a Self-Directed IRA on Flipping America Radio

What investments are held by your 401k. You don’t know? I don’t either, but I can tell you one thing for sure – it’s not real estate. Why? It’s too much hassle for 401k administrators. This reality has given rise to independent retirement account administrators called custodians to allow you to direct your retirement dollars into real estate. The trick is – you can’t do it with your current employer’s retirement plan. You have to fund it separately. Today I’m going to introduce you to one of the most powerful and successful Self Directed IRA custodians out there – American IRA. And we are going to talk about how you can invest retirement money into safer, better returns, which are tax-deferred and could even be tax free. 

Sean McKay American IRA Senior Vice President talked with me and with the Flipping America REIA about your options to invest with a self-directed retirement account. You could be building tax-free wealth. Learn how to create an account, roll-over an existing 401k or other retirement account, and hear several strategies for putting this money to work.

#473 Single Family Homes with Kim Kesterke on Flipping America Radio

I want to invest in real estate but I want to keep my day job. How can I manage it all? Today I have answers for you.

Passive income is (or should be) our goal. If you are starting with a big pile of money and/or good credit, you can skip flipping and go straight to rentals. Make money in your sleep and enjoy the tax advantages that come from owning income properties. But how do you go about it? What do you buy? What should the numbers look like? How do you manage them? When and how do you hire management? Get answers to these and all your questions. 

Kim Kesterke, author of “The W2 Landlord” course joins me for a discussion of the ins and outs of owning single family rentals.

#472 Wholesaling 101 with Brandon Barnes on Flipping America Radio

“I have no money and no credit. Where should I begin?” We have the answer for today on Flipping America. Brandon Barnes is not only a master wholesaler himself, but he can teach you how to do it. Today on Flipping America.

I’m going to let you in on a little-known secret. Along with everything else I have going on, I still wholesale houses. I have a great team bidding and offering on houses in multiple states across the country. Sometimes I close and wholetail. Sometimes I close and rehab. Sometimes I double close and occasionally I’ll flip a contract. I don’t talk about it much and I only tell you now to let you know I know this business – but I don’t know everything about it and there is always room to learn grow and improve. That’s when I turn to someone like Brandon Barnes. 

Brandon has a degree from Purdue University and in spite of what looked to be a promising career, he opted to get into real estate and he’s killing it. I like him, I like his integrity and work ethic and I like the way he approaches this business. I’ll admit that one of the reasons I get him on the show occasionally is so I can get up to date and learn some things to improve my own business. 

Now you might be saying, “I have money and credit. Do I need this?” Would you like to get direct to sellers and work out your own deals? Of course you would! I’m not telling you to cut out the wholesalers, but it’s possible that if you learn these techniques you won’t need them as much. 

Before we get to Brandon I have a quick conversation with Jen Du Plessis, who teaches not Time Management but Priority Management to entrepreneurs. She’s been in and around real estate for many years in the mortgage industry and as I learned on this call – funding for real estate investors. So much great information heading your way.

Searching For Integrity – Jon Biemer & Sara Dykman

Jon Biemer & Sara Dykman

#471 House Flipping 2021 Bruce Glenn on Flipping America Radio

The real estate market has never been hotter. This is great news for home sellers. But every bit of good news in the financial industries comes with another side to the coin. It’s never been more difficult to find a good deal to flip. So is house flipping dead? No. But it’s different. Today I’m speaking with a guy who’s been flipping for 35 years – he knows what to do in any market. 

Bruce Glenn joins us to discuss the state of house flipping in 2021. Bruce is a prolific investor and mentor from Birmingham, AL. We will discuss the unique challenges for flipping houses as the pandemic wanes, and lockdowns end. Homes have never been in higher demand than right now, which makes it great to sell, but difficult to buy. Bruce and I are going to talk about how to deal with this current reality. Then we will look into the short-term future to help us all prepare for what lies ahead after the eviction and foreclosure moratoriums end. 

Bruce Glenn has been an appraiser for 30 years and a house flipper for 35 plus years. Last year he published a book, “First Flip: Thirty Years of Secrets So Your First Flip Isn’t a Flop” Here are just a few of the questions I ask him on this episode. 

How can you find your first flip? Specifically what are you doing right now in this market to find potential properties.

What are the best kinds of neighborhoods to flip in?

How do you find the money for your flips.

Let’s talk about your team. Who should be on it? How do you find them? What do you look for when hiring staff or contractors?

Any thoughts on where the market is headed?

School For Startups – 5/15/21

Jim Beach talks to some of the top entrepreneurs from around the world, showing you that it doesn’t take any risk or passion to make it as a successful small business

America’s Cannabis Conversation – 5/15/21

SO GLAD you are getting better, been terribly worried about you and your family. I love you guys. I know for me I still have side effects from my second COVID that never went away, I pray that doesn’t happen for you. I pray that you have a full recovery, and please know if you need ANYTHING just let me know. I decided to get vaccinated because I could not survive a third round full blast Iike I did.