Business
One of the top questions I get here at Flipping America goes something like this: “I want to keep my day job but I want to invest in real estate on the side. You have several options and today we are going to talk about them. The REIT (Real Estate Investment Trust) is one of the first passive real estate investment vehicles created. The REIT raises capital from ordinary investors who purchase shares, in a manner similar to buying stocks. The REIT then purchases and manages real estate. The laws governing REITS require almost all of the profits to be paid out to the shareholders. Your return will be based on the performance of the REIT. Many REITs consistently provide returns of well over 10% annually and some approach 20% returns. And now you know why this is a topic we all should explore. Why would you go to all the trouble and effort of a fix and flip that will pay you a 10% return on your investment? Hint: You should not do that deal. You’re better off in a REIT. I’m famous for saying “Compare everything with everything.” Learn about REITs and compare them with what you are already doing. You may find that this is a direction you want to go. Deidre Woolard is Editor in Chief of MillionAcres.com, a division of The Motley Fool investment advisors. She recently spoke at a live Flipping America REIA event and we have pulled some of the audio from that interview for you today. If you want to watch the entire video, go to flippingamericareia.com for details. How to contact us Follow Starr @realestateislifeatlanta on IG and Facebook 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 (877-557-6437) ext 1. Leave your message or your question. Email your questions to questions@flippingamerica.net. 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 Create the Life of Your Dreams. A free course at the Flipping America Academy. Flipping America Funding: flippingamericafunding.com. Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com. Real Estate Investing Quick Start. Announcements: The Buyers Club is open for new members for a limited time. I have a new video on our YouTube channel about the Buyers Club. As long as that video is up, we are accepting new members. When we reach capacity we will take it back down. Just go to YouTube and search Flipping America. You will see we are posting content that is both useful and a little bit fun. While you are there please subscribe and hit the notification bell so you will know whenever we upload new content. Questions from Listeners: Altomar, Lancaster, PA, “I’m in a medium sized town and most of the possibilities here either don’t have enough profit or are too old with huge rehabs. What would you recommend?” Kimberly, Vickie, Steven, Christopher, Brian, Chris, Jeff, Steve, Kristen, Casey, “Help! I just spent ($30-65k) learning how to do this business but I don’t know what to do next. Or I don’t know what to do first. What should I do?” Get information. Including information on how to own and run a business. Get a mentor, Get a property, Get crackin. RILA RECAP What are some of the best tax strategies for flippers? (recap question from RILA) Most millennials aren’t buying homes but renting or staying home with their parents. As a millennial investor, I am concerned about where the real estate market is heading being that millennials seem to be settling later in life Motivational Quote: "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros