7 Figure Flipping

Bill Allen
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Oct 17, 2019 • 1h 9min

7FF 282: How to SHORTCUT success with accountability (Beka Shea at Flip Hacking LIVE)…

Listen to This Episode One of the hardest things about an event like Flip Hacking LIVE……is getting back to “real life” afterward.Let’s face it… we all struggle with taking action.You can learn all the best deal sources, marketing tactics, funding secrets, and growth strategies……but if you never APPLY what you’ve learned, you won’t get anywhere.Want to know what usually happens after most real estate investing events?For most people, it’s something like this…You go home excited and hyped up…You wake up the next day ready to work on your business…You flip open your book of notes from the event……and suddenly, you’re not sure where to start.You’re not sure what to focus on first.  And while you’re thinking about it, your other responsibilities slip in.  Family stuff, day job, housework, errands…Next thing you know, the day is over and you haven’t done anything for your business.But hey, there’s always tomorrow, right? Well…Tomorrow turns into another tomorrow.  And then another.  And after a while, it’s been months and you’re still trying to figure out where to start.Sound familiar?If this is something you’ve struggled with, I have some good news.We solved this “problem” last week at Flip Hacking LIVE.The answer is ACCOUNTABILITY.My good friend Beka Shea took the stage and went deep into how to bridge the gap between “knowing what to do” and actually DOING it.And I want EVERYONE to see this……so I’m sharing the recording of her presentation on today’s episode of the podcast.Listen in here!Links & ResourcesThis morning, I shared some big news…We’ve officially opened the doors to a new house flipping and wholesaling mentoring group called 7 Figure Runway.I’ve built this program from the ground up to take youthrough everything you need to know to build a successful, systematized realestate investing business……and one of the biggest parts is accountability.This group is designed around a core accountability structureled by Beka herself.If you want to join, the doors will be open for a fewmore days.But after that, we won’t be taking on any new members untilOctober of next year.Click below to learn more and sign up!CLICK HERE to Join 7 Figure Runway (Closing SOON)! >>Catch you on the flip side!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 282: How to SHORTCUT success with accountability (Beka Shea at Flip Hacking LIVE)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Oct 16, 2019 • 1h 1min

7FF 281: What happened at Flip Hacking LIVE (recap and takeaways)…

Listen to This EpisodeFlip Hacking LIVE was incredible.For 3 days, we brought some of the top house flippers andwholesalers in the nation together in one room to share their secretes, theirstrategies, and their systems……and for 3 days, the energy in that room kept buildingand building.It was an amazing thing to see.Usually at an event like this, people start to mentally “check out” after a day or two…But not this group.To everyone who came… you rock!To everyone who wasn't able to make it… I want to recap the event and share some awesome takeaways with you today on the podcast.Let’s dive in!Oh, and I've got some big news…You'll hear more about this in today's episode, but for the past 3 months, I've been working on some major changes……and today I get to unveil all of it.Listen in for the whole scoop…!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 281: What happened at Flip Hacking LIVE (recap and takeaways)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Oct 8, 2019 • 1h 8min

HFHQ 280: Answering the REAL questions flippers and wholesalers are asking…

Listen to This Episode Today’s episode of the podcast is… different.I’m hanging out with Khush Italia, an incredible gal who’s part of our 7 Figure Flipping group. She and her brother Kurush are on track to close 80 deals together this year.They’re crushing it.But with their business growing, they’re running into some obstacles.So Khush reached out to me and asked if she could get on a call to ask me some questions and get some feedback on where they can continue to improve their business.I said, “Sure, but let’s do it as a podcast episode so everyone can listen in.”And here we are.Today, Khush is going to ask me some questions and break down some issues she and her brother are facing in their business……and I’m going answer and give my advice.Think of it like listening in on a 7 Figure coaching call.I don’t know where this is going to go……but it’ll be fun.So let’s dive in!Links & ResourcesDigging into what's working and what isn't and figuring out how to overcome obstacles is a big part of what we're going to be doing at Flip Hacking LIVE this week.The event kicks off this Thursday.If you haven't gotten a ticket to attend yet, we've made room for a couple more chairs.You can claim one of these last few spots here!Having said that……I know not everyone is able to come out for a live event.So we're doing something we've NEVER done before.We're going to be LIVESTREAMING a couple sessions of Flip Hacking LIVE for free!To access the livestream, sign up here (click below) and I'll send you the link.CLICK HERE to Sign Up for the Flip Hacking LIVESTREAM! >>Then clear your schedule later this week so you can listen in!Catch you on the flip side!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 280: Answering the REAL questions flippers and wholesalers are asking… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Oct 4, 2019 • 53min

HFHQ 279: Solving 2 of the biggest problems house flippers face (funding and contractors)…

Listen to This EpisodeIf you’re flipping houses, you’ve got to work through a few major issues.A couple of the biggest ones are “finding money” and “finding GOOD contractors.”More house flippers get stuck on these 2 things than anything else.So I’ve got my friend Terry Burger on the podcast today to chat about overcoming both of these problems……and he dives into what he’s going to be sharing at Flip Hacking LIVE next week.If you want the full scoop on stuff like…How he’s able to cherry pick from the best contractors in his area…His “magical” job description for contractors and how he gets it in front of them…Why most methods of hiring contractors don’t work…Why wholesalers are leaving money on the table with vacant land deals…How to tap into new construction as an exit strategy…How to avoid the cash flow crunch that happens to house flippers…Why it’s so difficult to determine the “value” of a house flipping company…How he raises private capital on Facebook…How he structures his deals to save on interest payments…And more……then you need to listen in to today’s episode and be in the room at Flip Hacking LIVE.Check it out! Links & ResourcesFlip Hacking LIVE is 1 week away.It kicks off next Thursday, October 10.At this point, we only have a few open seats left… so if you haven’t gotten your ticket yet and you want to come, there’s still time, but you need to sign up now.Click below to reserve your spot…CLICK HERE to Get Your Ticket to Flip Hacking LIVE! >>See you there!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 279: Solving 2 of the biggest problems house flippers face (funding and contractors)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Sep 27, 2019 • 54min

HFHQ 278: How to go from “just dreaming” to TAKING ACTION (and why most house flippers DON’T)…

Listen to This EpisodeLet’s talk about “event junkies.”Unfortunately, they’re pretty common in the real estateinvesting world.These are the guys who go to seminar after seminar butnever actually DO anything.They get excited… they get motivated… they learn somecool stuff……but they don’t apply any of it.They never take the next step of actually USING what they’velearned to ramp up or grow their businesses.To be honest, I don’t blame them.Too many house flipping and wholesaling events are just emptyhype.The missing piece… the part that none of the “gurus” talkabout……is how to bridge the gap between KNOWLEDGE and ACTION.This is one of the biggest reasons why most houseflippers and wholesalers don’t “make it” in this business.At Flip Hacking LIVE, we’re fixing this problem.I’m bringing in my good friend Beka Shea, who’s going tohave a very unique role at this event…Her presentation might actually be the most important part of the weekend. Why? Well, I’ll let her tell you herself…Links & ResourcesIf you’ve been guilty of being an “event junkie” in the past……I totally understand. I’ve been there.This is your chance to break out of that cycle.Flip Hacking LIVE is happening in just a couple weeks, on October 10-12 in San Diego.If you HAVEN'T claimed your spot yet, do it now!CLICK HERE to Get Your Ticket to Flip Hacking LIVE! >>And I'll see you there!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 278: How to go from “just dreaming” to TAKING ACTION (and why most house flippers DON’T)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Sep 25, 2019 • 1h 4min

HFHQ 277: Disproving the “myths and fears” of hard money funding…

Listen to This Episode There are many ways to fund your flips.One of the easiest, most straightforward, and most common funding strategies is hard money.I use it all the time.But hard money sometimes gets a bad rap.There are a lot of myths and fears surrounding it.So what’s the disconnect?On today’s episode of the podcast, I’m bringing on Ray Williamson of Lending Home to dispel some of the incorrect assumptions flippers have about using hard money……and to break down why serious investors are turning to it more and more.Check it out!Links & Resources I’ve been using Lending Home as a funding source for a while.I’ve worked with other hard money lenders in the past, but Lending Home is doing a few specific things that other lenders aren’t doing… and they’re now my go-to partner when I need fast money for a deal.We’ve set up an “inside line” with Lending Home for members of our mastermind groups to streamline the funding process even further.Lending Home is revolutionizing the flip funding world……and that’s why Ray is going to be at Flip Hacking LIVE.He and his team will be there to answer any questions you have about hard money and funding deals.Gaining the right “inside connections” can have a huge impact on your success in this business.It can be the difference between missing out on a deal versus having the money you need to close within a matter of days.So if you want to connect with Ray and see for yourself why I rely on Lending Home for so many of my flips……then come join us at Flip Hacking LIVE.It's happening in just a couple weeks, on October 10-12 in San Diego.CLICK HERE to Get Your Ticket to Flip Hacking LIVE! >>And I'll see you there!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 277: Disproving the “myths and fears” of hard money funding… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Sep 23, 2019 • 60min

HFHQ 276: How to track “the numbers” on 15 deals per month (and why it matters)…

Listen to This EpisodeListen up, house flippers and wholesalers…A lot of real estate investors are skipping something VERY important.This one thing can mean the difference between making money or losing money in your business.(I’ve actually met people who THOUGHT they were making money flipping or wholesaling, but at the end of the year they LOST money because they skipped this.)So what’s the thing all these investors AREN’T doing?They’re not tracking their numbers.Yeah, I know…Bookkeeping, accounting, KPIs… ugh.It’s boring, mind-numbing stuff, right?Well, not the way Mike Simmons does it.Mike is doing about 15 deals per month right now.And he KNOWS his numbers.How much it costs to get the phone to ring…How much it costs to close a deal…Average cost of renovations…How much money he LOSES if his team misses a phone call……and a whole lot more.Mike has this so dialed in that he can go on vacation with his family, pull up a couple quick reports, and get a full breakdown of how his company is doing and where he needs to make changes or improve all in under a minute.That kind of clear, detailed tracking should be every investor’s goal.And Mike is going to break down exactly how he does it at Flip Hacking LIVE this year.He's going to walk you through how to track your numbers in a way that keep you out of trouble without taking up a ton of time or making you want to bang your head against the wall.I brought him on the podcast today to share a bit more about this topic and set the stage for his presentation at the event in a couple weeks……so let’s dive in!Links & ResourcesTracking your numbers is critical whether you're a new investor or you've been flipping and wholesaling for decades.If you're new and you aren't doing a lot of deals yet, every dollar counts.If you're doing a lot of deals and scaling your business, small tweaks and adjustments can have a massive impact on your profit.This stuff is important for EVERY investor.And Mike is going to break down his tracking process at Flip Hacking LIVE.So make sure to be there…It's happening in just a couple weeks, on October 10-12 in San Diego.If you HAVEN'T claimed your spot yet, do it now!CLICK HERE to Get Your Ticket to Flip Hacking LIVE! >>And I'll see you in San Diego! Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 276: How to track “the numbers” on 15 deals per month (and why it matters)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Sep 21, 2019 • 40min

HFHQ 275: The “Formula” for Success: Interview With Walter Bond

Listen to This EpisodeIf you want to build a house flipping or wholesaling business……you need more than just “knowledge.”You can learn everything there is to learn about real estate investing, but if you never APPLY what you learn and TAKE ACTION, you won’t get anywhere.The thing is, it’s not always easy to go from “learning” to “doing.”To do that, you need the right mindset.You need motivation.You need inspiration.And that’s why I’ve invited Walter Bond to speak at Flip Hacking LIVE.Walter isn’t a real estate investor.He’s a man on a mission to help people live their dreams……and he’s one of the most inspiring keynote speakers in the nation.At last year’s Flip Hacking LIVE event, he came in and gave what was arguably the single most powerful speech I’ve ever heard.I knew we had to bring him back again this year.Today, I’m hanging out with Walter on the podcast and chatting about his story, his perspective, and some of the life lessons that he’s learned in his time playing in the NBA and his career as a motivational speaker.We’re digging into things like…The one “formula” you can’t lose with…The one thing you can’t learn from a mentor or coach…Why so many people don’t get “A grades” in life…How to learn from mistakes…The thing you need to keep at the “forefront of your brain” as a leader…Why perfection is the enemy of success…And more.Listen in now!Links & ResourcesWalter is coming back to Flip Hacking LIVE again this year.He’s going to be bringing his trademark inspiration and passion……so make sure to be there!Flip Hacking LIVE is happening in just a few short weeks, on October 10-12 in San Diego.If you HAVEN'T claimed your spot yet, do it now!CLICK HERE to Get Your Ticket to Flip Hacking LIVE! >>And I'll see you there!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 275: The “Formula” for Success: Interview With Walter Bond appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Sep 18, 2019 • 1h 21min

HFHQ 274: How Chris and Heather did 80 deals in 1 year from an “untapped” lead source (NO direct mail)…

Listen to This EpisodeIt took Chris and Heather 6 months to land their first deal.They’re wholesalers……so for them, getting motivated seller leads was the #1 thing they had to figure out.It wasn’t easy at first.They didn’t have a large budget for marketing.So they did whatever they could.They started with bandit signs. Then got into direct mail.And for a while, things were good.But it was costing them about $7,000 to land 1 deal.If you’re wholesaling, that kind of marketing spend will eat into your profit fast.Then they stumbled upon a new lead source……and this year, they’re on track to do 80 DEALS, with a 7-to-1 profit margin PER DEAL.Their cost per deal has dropped to just $2500.They're getting in front of sellers that other investors AREN'T targeting (little to no competition).They're closing 90% of these deals OVER THE PHONE.And they are CRUSHING it.Get the whole story on today’s episode…Links & ResourcesChris and Heather will be speaking at Flip Hacking LIVE……and they're going to share a full breakdown of EXACTLY how they're landing these deals so you can copy their exact system for yourself.If you want to do an extra 6 or 7 deals per month from an “untapped” lead source……you need to be at this event.Flip Hacking LIVE is happening in just a few short weeks, on October 10-12 in San Diego.If you HAVEN'T claimed your spot yet, do it now!CLICK HERE to Get Your Ticket to Flip Hacking LIVE! >>And I'll see you there!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 274: How Chris and Heather did 80 deals in 1 year from an “untapped” lead source (NO direct mail)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Sep 14, 2019 • 48min

HFHQ 273: Where the “godfather of wholesaling” gets his deals (#1 lead source)…

Listen to This EpisodeAndy McFarland is one of the top wholesalers in the nation.He gets half of his deals from 1 lead source.(More than any other single lead source he’s targeting.)And the cool thing about this lead source is……it’s one of the ONLY ways to get motivated sellers to call YOU.He NEVER has to hear from angry homeowners.He doesn’t have to waste money on people who aren’t ready to sell.What he does is 100% targeted.And he’s going to be walking you through exactly how he does it at Flip Hacking LIVE this year.I’m bringing him on the podcast today to give a sneak peek at what he's going to be sharing at the event next month……so check it out!Links & ResourcesIf you want to hear more about this……and get a step by step checklist showing you EXACTLY how to copy what Andy is doing……then you need to be at Flip Hacking LIVE this year.It’s happening October 10-12 in San Diego, CA.If you haven’t gotten your ticket yet, click below to reserve your spot!CLICK HERE to Get Your Ticket to Flip Hacking LIVE 2019! >>See you there!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ 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 HFHQ 273: Where the “godfather of wholesaling” gets his deals (#1 lead source)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

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