Flipping Awesome Podcast
Flipping Awesome Podcast is about the stories of those brave entrepreneurial people who have bought, rehabbed, held or sold investment real estate. It can be a scary proposition. You have a lot of money and time on the line. If it goes well, you can make good money and achieve dreams of financial independence and professional growth. If it goes poorly, you can set you’re your financial health by years and dim hopes of retirement and financial freedom. These are those stories…good…bad…or otherwise.Flipping Awesome Podcast is not meant to be “how-to” to become an investment real estate titan. Rather, we want to take you inside the financial and let investors tell their own and real stories about what they have done, how they did it, and their outcomes…warts and all. Celebrate the victories and a nurse the injuries along with real estate investors across the country. Our podcast tells the stories, our membership web site gives you video content, worksheets, blogs, and other helpful information to tell the full story of investment real estate. Who knows…maybe we are going to be telling your story next!Flipping Awesome Podcast is hosted by Marshall Saunders and Heather Foss. If you'd like to ask them a real estate investment question to be played on the podcast, call (612) 352-9177. Please visit our website at FlippingAwesomePodcast.com.
Episodes
You've seen their signs and heard their commercials. Those investors or real estate agents that buy your house no matter the condition and give you a fast and easy transaction. Historically, these have been local people, but now big national companies (called iBuyers) are coming into the market. Enter your address in a box on their web site and BOOM! you get an offer. In this episode, Heather and Marshall discuss this new trend and...
Most of real estate investment law is not meant to protect the entrepreneur but rather to protect the world from the entrepreneur. But there are a few way to use the law to lower our liability and help us when things go wrong. On this episode, Marshall and Heather discuss their own run-ins with the law (both good and bad) and welcome guest Barry Rosenzweig, an attorney working in Minnesota and Arizona. Barry gives us useful informa...
There are few ways to get started in investment real estate that work better than duplexes. Live in one side and rent out the other - get owner financing - learn property management in a real way - grow your equity to roll into future investments. It's a perfect plan. Sure, it can have its ups and down. On this episode of Flipping Awesome Podcast we'll talk duplexes. Guest interviewer (and host of his own podcast Sweet Home Minneso...
Defer Defer Defer Defer Die. It might be an odd mantra, but it can mean saving tons of money with your real estate investments. The IRS has set up this capital gains exemption to not only save you money but also keep economic development steady. In this episode Jeffrey Peterson from CPEC1031 – COMMERCIAL PARTNERS EXCHANGE COMPANY, LLC describes what it means to be a Qualified Intermediary Services for 1031 Tax Deferred Exchanges. W...
The world of real estate investing has its positives and negatives, but few things are more universally positive as depreciation. A simple idea, really. The IRS agrees that your building is falling apart. Turning to dust, actually, and it will be worthless (if it is used in any way residential) in 27 and a half years. So, the IRS lets you take depreciation based on that timeline off your taxes every year. Pretty simple, right. But ...
Being involved in real estate investing takes grit, good attitude, and a business mindset. Bottom line, it helps to be able to say Let's Do This! Marshall and Heather discuss the foundational attitudes that they have seen from rehabbers that spell success...or at least survival. Then Marshall interviews Mackenzie Owens, a licensed real estate agent in the state of Minnesota with Lakes Area Realty. Mackenzie relates her stories of r...
Rehabbing a house can make a block look better, but not everyone likes that. Sometimes rehabbing properties bring along the dreaded GENTRIFICATION where a neighborhood can lose its character and price original residents out of the area. It's kind of the hot topic in rehabbing right now, and co-hosts Heather Foss and Marshall Saunders discuss their perspectives on it. The Marshall interviews Joe Mueller, a licensed real estate agent...
It takes true commitment and determination to make it in the house flipping business. You run into some gross and/or bizarre situations from time to time. Hosts Marshall Saunders and Heather Foss share some of their wild stories from rehab projects, and then Troy Molde from the company Henry Homebuyer joins as the featured interview. Troy is a real estate agent and owner of Henry Homebuyer, a company that buys property directly fro...
This is the very first episode of Flipping Awesome Podcast. Marshall Saunders and Heather Foss introduce themselves and discuss how they got involved in, and grew to love, investment real estate. Then we preview four interviews that are coming up later in season one. Joe Mueller, Mackenzie Owens, Andy Polski, and Jason Stockwell all share their stories of how they got started in this crazy business.
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