7 Figure Flipping

Yesterday, I went LIVE on Facebook to share some big news.In case you missed it, you can check out the replay here on the podcast!Here's what's up...I've been part of the 7 Figure Flipping community for years, first as a podcast listener, then as a subscriber, as a member of the 7 Figure Altitude mentoring group, and now as the owner and CEO of the 7 Figure Flipping company.It's been an awesome ride.But what makes this community truly special is the people who are part of it.(People like you.)And my goal with everything we do here is to get back to our roots and focus on the relationships that really matter.If you're reading this, I want you to know that you're part of this family.That's why I went live on Facebook...I wanted to give you an inside look at some big things we have in store, some changes we're making, and some awesome news for next year!If you haven't heard yet, we've changed the name of the company and the podcast (it's not House Flipping HQ anymore)...We've changed our branding (I'm loving the new look!)...We've massively overhauled our mentoring groups to give more to our members and help them grow...And now we're rolling out a new "home" for all of this (new website!) and taking Flip Hacking LIVE 2020 to a new location, plus some more cool stuff...I figured the best way to break all of this down was to hang out live on Facebook for a while and share the good news.If you missed the livestream, check out the replay here! Hosted on Acast. See acast.com/privacy for more information.

Ryleigh isn’t your average 13-year-old.She and her dad Nate are building a real estate investing empire one deal at a time…...and over the past year, they’ve really started ramping it up.They did 1 deal in 2018.This year, they’ve done 8 deals……and each one has been a bit different from the rest.So how does this father-and-daughter team operate this business together?And what were those 8 deals?Today’s episode of the podcast is fun, inspiring, and unique……and we’re digging into all of that and more!One of the major milestones in Nate and Ryleigh’s real estate investing journey was Flip Hacking LIVE.If you’re not familiar with Flip Hacking LIVE, it’s a live event we hold once each year.We bring the nation’s top house flippers and wholesalers together in one room, and they share their exact systems and strategies in detail.They break down what’s working and what isn’t.But for Nate, the most important part of Flip Hacking LIVE isn’t learning new tips and tactics.It’s the mindset shift that happens when you get around other serious investors.When you’re in a room with guys and gals who are doing 50, 100, even 200 deals per year……it changes your entire perspective.It changes what you believe you’re capable of.For Nate, Flip Hacking LIVE gave him permission to do more.Even with 8 deals underway this year, Nate knows he’s just scratching the surface……because he’s seen what’s possible.Before you can grow your business, you have to believe with 100% certainty that it’s possible.If these other investors can do it, so can you.But the only way to REALLY start believing it is to be there in person and get around the same people that Nate did.Watching a video or reading words on a screen won’t cut it.The energy of being there live is what makes the conviction real.In other words…If you want to grow your real estate investing business, you need to be in this room.We’re holding Flip Hacking LIVE again in October 2020.It’ll be in Orlando, FL, this time (first time on the East Coast).And from now until the end of the month, tickets are available at the massively-discounted early bird price. I want to make sure EVERYONE has a chance to get a spot.But seats are limited……so if you want to be there, go to FlipHackingLIVE.com and sign up now! Hosted on Acast. See acast.com/privacy for more information.

If you want to grow your house flipping or wholesaling business……you’re going to have to make a transition.At some point in your journey, you’re going to have to stop being the guy or gal who “does all the work” and start becoming the “visionary leader” of your business.As entrepreneurs, we know how to hustle.Most of us got into flipping and wholesaling because we’re hard workers. We’re driven.  We know how to get things done.But as your business grows, you’re going to have to start letting go.If you don’t, one of three things will happen…- You’ll burn out and quit.- You’ll bite off more than you can chew and end up losing money.- Or you’ll stay “stuck” where you are, limited by your own abilities.To scale your business, you have to get out of your own way.You have to make the transition from “being the business” to “leading the business.”That’s easier said than done.But on today’s episode of the podcast, I’m hanging out with 2 people who are going through this transition right now……and they have some great insights to share.I’ve known Jason and Jennifer Ross for a while.They started out doing 1 flip at a time, putting in most of the labor themselves.But this year, they’ll close 50 deals……and they have 5 active flips in process right now.It’s not all sunshine and rainbows, though.Like I said, making that transition can be difficult.So I asked Jason and Jennifer to jump on the podcast and share what they’re going through.Let’s dig in! Hosted on Acast. See acast.com/privacy for more information.

Hope you had a great Thanksgiving!For me, spending time with loved ones, eating great food, relaxing and enjoying the company of friends and family is what it’s all about……and I’m thankful my real estate investing business has given me the freedom to be present for these experiences.But that wasn’t always the case.When I first started flipping houses, I had to give up a lot of my free time.I was working more, not less.There were a lot of ups and downs.The other day, I was chatting with Shannon Amos, a member of the 7 Figure Runway group.She’s a couple years into her house flipping journey……and she’s going through many of the same ups and downs I went through.She’s had some huge successes……and some setbacks and challenges.I asked her to jump on the podcast with me and tell her story.We’re digging into a lot of things in this episode……but the one thing that stuck out to me the most from our conversation is her perseverance and her never-give-up attitude in the face of challenges in her business and in her personal life.If you’re feeling burned out…If you’re feeling stuck…If you’re feeling like life is getting in the way of your real estate investing business……then get ready to be inspired! Hosted on Acast. See acast.com/privacy for more information.

Chad and Ashly Whitaker started out buying rentals.But they quickly ran out of money and got “stuck” waiting for their income to slowly grow over the long term.They wanted to generate faster returns…So this past May, they started their first flip.They sold that house in July… and they now have their next couple projects underway.They’re been moving fast to ramp up their business while balancing working full time and homeschooling their kids……and since they recently joined 7 Figure Runway, I asked them to jump on the podcast and share their story.In today’s episode, they’re going to break down…Where they got their first deal…How they rehabbed it…What specific upgrades they made to the house…The importance of “sticking to comps…”How they’re financing their deals…The marketing strategies they’re attacking first…Hiring their first employee…Why they came to Flip Hacking LIVE…Their plans and objectives moving forward……and more!Whether you’re new to flipping and wholesaling or you’ve been doing this for a while, there are some awesome takeaways in here.Let’s dive in! Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeIf you’re new to house flipping and wholesaling, keep this in mind…Imperfect action is better than doing nothing.It’s good to learn everything you can…It’s good to be prepared…But at some point, you HAVE to take action.You have to take the first step.  Then the next step.  And the next.The pieces aren’t going to click into place until you start actually DOING something with what you’ve learned.I just finished chatting with Jaime Lazcano, a house flipper based in Texas.He’s new to real estate investing.And he’ll be the first to tell you that he still has a lot to learn.But he’s already finishing up his first 2 deals……and he’s on the path to do 8 more this year.He just hired his first employee.Within a few months of starting this journey, he’s already in growth mode.So how did he get these 2 deals?And what did he learn along the way?That’s what we’re digging into in today’s episode of the podcast…Get ready to be inspired!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!The post 7FF 297: How Jaime Landed His First 2 Deals (And Why it’s Okay to Make Mistakes) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeI want you to imagine something for a moment…You find a house on the MLS that you want to buy.You call up the listing agent and say you’d like to make an offer.The agent says, “Sure! Go ahead and fax me the offer.”What’s the first thought that would go through your mind?Probably something like What year is it?!Larry and Janet French had this exact conversation with an agent not too long ago.They’ve been in the real estate investing business since 2006.And when the agent asked them to “fax the offer,” Larry says it taught them an important lesson.That lesson is just one of the things Larry and Janet are sharing on today's episode of the 7 Figure Flipping podcast.Their real estate journey has been an unconventional one…They’ve flipped houses, bought rentals, and done a lot of private lending.At the start, though, they didn’t have any money of their own.But they were able to fund their deals 100% by putting themselves in a unique position to meet with the people who could help them.Recently, they made the decision to start growing and systematizing their business.They came to Flip Hacking LIVE and joined 7 Figure Runway……so I asked them to come on the podcast and share their story and their goals.There are some awesome takeaways in here… check it out!Links & ResourcesLooking for funding for your next flip?  Larry and Janet lend on deals in the state of California (with an emphasis on the desert areas of Southern California), and they’re able to fund deals very, very quickly.  To learn more and get funding, go to SilverMoonCo.com!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!The post 7FF 296: How to Get 100% Funding (And Other Tips for House Flippers) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This Episode I’ve never seen someone do this before.Brent Meeks came to Flip Hacking LIVE just a few weeks ago.And since then, he’s been working on his real estate investing business like crazy…Hiring a full team…Mapping out processes…Setting up CRM and lead intake systems…Developing a 12-month marketing plan……and more.He’s been flipping houses for a couple years.And he’s been done pretty well… so far this year, he’s flipped about 14 houses.But it was mostly just him and his contractor and bookkeeper who handled those deals.He wasn’t doing any direct-to-seller marketing to generate leads.He wasn’t wholesaling anything (just flipping).He didn’t have an internal team to handle leads, appointments, or dispositions.He had no buyers list.His profit margins were razor-thin.But after Flip Hacking LIVE, Brent got to work.And he’s done more in 3 weeks than most people accomplish in 5 years.So I asked him to come on the podcast today and break down what he’s been up to.It’s seriously inspiring.I’ve never seen someone ramp up their business this fast…(He’s already done his first wholesale deal, and they haven’t even started marketing yet.)Prepare to have your mind blown!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!The post 7FF 295: Scaling a House Flipping Business in 3 WEEKS (While Launching a NEW Wholesaling Business) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeThe other day, one of our 7 Figure Runway members asked toget on a call with me.He had some questions and wanted to talk through somenext steps.I told him we could definitely get on a call……but it would be even better to do it as a podcast episode,so everyone can learn and benefit.So that’s what we’re doing!In today’s episode, I’m hanging out with Yhlas Kuliev anddigging into what he’s working on in his real estate investing business.Yhlas has been involved in real estate since 2013.It’s mainly been a “side gig” for him.For most of that time, he’s been doing about 1 or 2 flipsper year, with each project taking about 6 months.But after coming to Flip Hacking LIVE, his perspectivechanged……and today, he’s on the path to grow his hobby into afully systematized business.That’s easier said than done, though.And sometimes, we can get tempted to second guess ourplans and chase after “shiny objects.”Listen in here!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!The post 7FF 294: How to STOP second-guessing yourself (and become a CONFIDENT entrepreneur)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeGrowth can be scary.I hear from real estate investors all the time who want to keep their businesses “small” because they think it’s easier that way.They think they’ll make more money if they do all the work on their own.I used to believe this.When I got into flipping houses, it was a side gig.I was a “solopreneur.” I did all the work myself.I was able to flip 1 or 2 houses per year at most.But when I did the math……I was only earning about $10 to $12 per hour in my flipping business.(Definitely NOT on the path to the income and freedom I wanted.)I knew if I wanted more, I had to get out of my comfort zone.I had to start treating my business like a BUSINESS.But hiring a team, ramping up your marketing, systematizing your business… this stuff can seem complicated and intimidating at first.So a lot of investors hold back……and as a result, they stay “small.”If that’s where you’re at right now, I want to help you break through some of that uncertainty and hesitation.On today’s episode of the podcast, I’m chatting with my friend Marina Sud, who’s story might sound familiar to a lot of investors reading this.Her story is a lot like mine…She got into wholesaling a few years ago.And up until last year, she was “going it alone,” handling just about every aspect of the business herself.But she wasn’t doing deals consistently…And at one point, she ended up with just $100 to her name and nearly lost her own home.She didn’t give up, though……and just over a year ago, she realized she needed to hire someone to fill in a major gap she was struggling with in her business.The following year (this past year), she did 55 deals.She’s on track to do even more this year.And this is just the beginning… her business has COMPLETELY changed.Today, we’re digging into her story and talking about what she went through to reach the growth trajectory she’s on now……and whether you’re new to real estate investing or you’ve been in this business for a while, there are some HUGE takeaways in here.Listen in!Links & ResourcesMarina has been on the podcast before, back when Justin Williams was the host. If you want to listen to that interview (and see how things may have changed between then and now), click here!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!The post 7FF 293: Why staying “small” could kill your house flipping or wholesaling business… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.