7 Figure Flipping

Bill Allen
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Jan 14, 2016 • 12min

HFHQ 112: Your Excuses Are NOT Valid (And Here’s Why…)

Listen to This EpisodeTara and I are on our way to Boise, Idaho, for a marketing mastermind meeting… and we have something awesome to share with you!Today's episode is short and sweet. I recently got an email from someone that really touched me and I want to share it , because I think it might resonate with many of our listeners!Episode 112: Show NotesA few takeaways from today’s episode.What it's like when you get hit with the realization that “life should be better than this…”Why investing in yourself is so important…How limiting beliefs can block you from achieving what you want…What can happen when you choose to ignore your limiting beliefs…What you need to ask yourself about your “excuses…”What Chance did to overcome the excuses he thought were valid…Links and ResourcesIf you haven’t checked out my free, 4-part video training course on how to get started flipping houses, now is a great time to do so!  Click here to sign up and start watching… and get ready to take your house flipping business to the next level!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 your'e 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 112: Your Excuses Are NOT Valid (And Here's Why…) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Jan 6, 2016 • 35min

HFHQ 111: Why You Need to “Think Bigger:” Interview With Mike Simmons and Mike Cowper

Listen to This EpisodeIn today’s episode, I interview Mike Simmons and Mike Cowper, two business partners currently crushing it wholesaling houses in Michigan!Mike and Mike are members of the 7 Figure Flipping program… and they have some HUGE goals for 2016.  It looks like they’re going to give Brett and Laura a run for their money in the race to see who reaches a 7-figure income first!Many of you know Mike Simmons, who has been on the podcast before.  Mike Cowper is fairly new to this business, yet he’s already made a name for himself… and the story of how he ended up partnering with Mike Simmons is seriously cool!These two have a TON of valuable insights and experience to share.  Listen in!Episode 111: Show NotesA few takeaways from today’s episode.Mike Simmons and Mike Cowper’s backgrounds…How Mike Simmons transitioned from rehabbing over to a focus on wholesaling…Mike Cowper’s stat working with Mike Simmons in an acquisitions role… and his crazy success closing deals…How Mike Cowper made himself indispensable working with Mike Simmons… and how they ended up partnering…How Mike Simmons trained Mike Cowper to take over acquisitions and much more…The 3 stages of entrepreneurship…Mike and Mike’s numbers for 2015…Why Mike Simmons jumped into 7 Figure Flipping as quickly as possible…The key things Mike and Mike are doing differently this year to reach a 7-figure income…The importance of doing consistent, persistent work to make it happen…Links and ResourcesMike Simmons and Mike Cowper are members of the 7 Figure Flipping program, which means Andy and I are mentoring them one-on-one!  This is a very selective program, but if you’d like to learn more about it and see if it might be a good fit for you, head over to 7FigureFlipping.com.Mike Simmons is the man behind the Just Start Real Estate podcast, which you can check out at JustStartRealEstate.com!Mike and Mike also asked me to include their email addresses here in the shownotes.  If you'd like to contact them, you can reach Mike Simmons at mike.simmons@webuyroi.com and Mike Cowper at mike.cowper@webuyroi.com!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 your'e 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 111: Why You Need to “Think Bigger:” Interview With Mike Simmons and Mike Cowper appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Jan 1, 2016 • 53min

HFHQ 110: Happy New Year! Do These 7 THINGS to Make 2016 Your Best Year Ever

Listen to This EpisodeHappy New Year, house flipping nation!   I’ve put together a special bonus episode for you today… and we’ve got a lot of ground to cover, so let’s get right to it!I want to share with you 7 things you need to do this year if you want to make 2016 your best year ever… and, I want to look back on 2015 and share what happened… what we got wrong, what we got right, how many deals we did, mistakes we made, and everything else!Plus, I’m going to be giving a few shoutouts to listeners who sent me their goals for 2016.  Accountability is huge, and we’re going to be holding these people accountable!   Let’s dive in and start 2016 off with a bang!Episode 110: Show NotesA few takeaways from today’s episode.What we accomplished in our house flipping business this year…The number of deals we did, and the number of states we bought houses in…What I would do differently if I could do 2015 over again… and what I’m going to change for 2016…How joining and learning from two high-end coaching programs this year has changed my life…What gets me most excited about the new year and the future in general…The opportunity to work with O.U.R. this year and the awesome way the House Flipping HQ community has come together to help fund the work they’re doing to rescue children in slavery around the world…7 the things you need to do to succeed…Why “nailing” it is so much harder than “scaling” it…The number one way to find success in real estate investing or any aspect of your life…Why it’s important to focus and do less rather than more…Shout outs to those who have shared their goals for 2016…And a whole lot more!Links and ResourcesIf you haven’t checked out my free, 4-part video training course on how to get started flipping houses, now is a great time to do so!  Click here to sign up and start watching… and be ready to start your house flipping business as the new year begins!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 your'e 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 110: Happy New Year! Do These 7 THINGS to Make 2016 Your Best Year Ever appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Dec 31, 2015 • 42min

HFHQ 109: How Two “Beginners” Did 14 Deals in 18 Months: Interview With Brett and Laura Chotkevys

Listen to This EpisodeHey everyone!  Hope you’re ready to ring in the new year… 2016 is going to be your best year yet!   In today’s episode, I interview Brett and Laura Chotkevys, a husband-and-wife house flipping team making deals happen here in Southern California!Brett and Laura haven’t been in this business all that long… just a few years… but they’ve already had some incredible success.  And they just recently joined the 7 Figure Flipping program with the goal of making 2016 their first 7-figure income year!They have some awesome insights to share in this interview… check it out!Episode 109: Show NotesA few takeaways from today’s episode.How Brett and Laura met…How they rehabbed their first home on their own over a year and a half…How they “failed fast” when first getting into the business…How they did 14 deals in their first year and a half (most of them rehabs) in Southern California…The thing Brett and Laura did to push through and succeed even though they felt like giving up at first…Why Brett and Laura were looking for a coaching program like the 7 Figure Flipping program…Their goals for 2016… and how they’re planning to make $1,000,000 this coming year…Their top advice for anyone wanting to achieve success in real estate investing…Links and ResourcesBrett is an avid reader (unlike me, ha ha), and he recommends the books 3 Feet From Gold by Sharon Lechter and Geg Reid, and Think and Grow Rich by Napoleon Hill.Brett and Laura are members of the 7 Figure Flipping program, which means Andy and I are mentoring them one-on-one.  This is a very selective program, but if you’d like to learn more about it and see if it might be a good fit for you, head over to 7FigureFlipping.com.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 your'e 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 109: How Two “Beginners” Did 14 Deals in 18 Months: Interview With Brett and Laura Chotkevys appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Dec 23, 2015 • 51min

HFHQ 108: Reaching Motivated Sellers No One Else Can Find: Interview With Chris Richter

Listen to This EpisodeMerry Christmas… almost!     Hope you’re having a great week and getting ready for the holiday!Today we have a special guest here to share some VERY unique insights.  Chris was a real estate investor for about 10 years, up until about a year ago, when he started a data analytics and predictive modeling company.So, uh… what does Chris do, exactly?In short, he helps high-volume investors find motivated sellers that no one else is able to reach… bringing in more deals with lower marketing costs.  Yep, it’s kind of a big deal!  Enjoy the interview!Episode 108: Show NotesA few takeaways from today’s episode.Chris’s background as an engineer working for NASA… and how, despite working hard and having several patents by the age of 22, he was dead broke until he got into real estate…How Chris’s first couple years of real estate investing went… and the difficulties he faced trying to make it work…Why new real estate investors expect to make money right from the start, while most other entrepreneurs don’t expect to be profitable until a couple years in…How Chris turned his investing career around, and what he was willing to do that helped him break through to huge success…How the market crash forced Chris to figure out other ways to approach marketing…How Chris started creating his own specialized tactics for finding motivated sellers…How Chris and his team would track down owners of vacant properties…How Chris transitioned from investing to helping other investors dig for seller data…Why it’s important to treat your business like a business…Chris’s number one piece of advice for new real estate investors…Links and ResourcesChris’s data analytics company is called Audantic, and you can find them at Audantic.com!Chris mentioned a great tool for finding potential sellers called Intelius.  Check it out!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 your'e 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 108: Reaching Motivated Sellers No One Else Can Find: Interview With Chris Richter appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Dec 17, 2015 • 32min

HFHQ 107: I’m Making a HUGE Change to My House Flipping Business in 2016 (And Here’s Why…)

Listen to This EpisodeToday, I want to share with you a “top secret” conversation I just had with Kale Darling, who started out doing acquisitions and then project management for me.  Okay, it’s not really top secret, but it’s super exciting!   Kale is going to be moving back to acquisitions… but with a twist.  I met with Kale to discuss some big plans for the new year, and I made him an offer… an offer that could completely change the trajectory of my house flipping business!Episode 107: Show NotesA few takeaways from today’s episode.My approach to risk management, and the amount of risk that I’m comfortable taking…The idea of focusing on wholesaling rather than rehabbing this coming year, and why we’re considering it…The reasons why wholesaling is looking like a good option for the next year…Some of the different ways our wholesaling business would take shape…The “big opportunity” I have for Kale…The plan to really dial in and grow Kale’s new role…My vision for the future of the company and what it will look like…Links and ResourcesIf you haven’t checked out my free, 4-part video training course on how to get started flipping houses, now is a great time to do so!  Click here to sign up and start watching… and be ready to start your house flipping business as the new year begins!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 your'e 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 107: I’m Making a HUGE Change to My House Flipping Business in 2016 (And Here’s Why…) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Dec 9, 2015 • 40min

HFHQ 106: Acquisitions, Systems, Deal Analysis, and More: Interview with the “Real Estate Preacher” Randy Lawrence

Listen to This EpisodeRandy Lawrence is one of the most incredible, genuine people I know.  His story is absolutely amazing… and what he’s accomplished in real estate, despite losing everything in the market crash, is astonishing.Often referred to as the “Real Estate Preacher,” Randy’s insights on life, success, and investing are pure gold.  From the systems he uses to run his business to the exact things he looks at when deciding whether to buy a house, Randy shares a wealth of knowledge in today’s episode.  Enjoy the interview!   Episode 106: Show NotesA few takeaways from today’s episode.Randy’s story… where he came from what he went through, and how he turned his life around…How having the “wrong people” around him throughout his young adult life held him back…The 7-unit “wreck” that was his first rehab…What happened to his $5 million rental portfolio during the financial crash… and how he got “completely wiped out…”Why success can’t be “optional” for you… if it is, you’ll never succeed…Why it’s so important to have faith in yourself…Randy’s primary acquisition strategies, and how he’s getting houses to buy…Why relationships and networking are so important…What Randy looks for when deciding whether to buy a house…Why the demographics of your buyers pool is important…The systems Randy uses in his business, and how those systems have helped him hand off management of all his rehabs…The biggest obstacle we face when getting into real estate…Links and ResourcesRandy just launched a new podcast, the Real Estate Preacher!  Check it out!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 your'e 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 106: Acquisitions, Systems, Deal Analysis, and More: Interview with the “Real Estate Preacher” Randy Lawrence appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Nov 18, 2015 • 14min

HFHQ 105: How to Protect Yourself from a Real Estate Market Downturn

Listen to This EpisodeA question I hear all the time is “Isn’t real estate investing risky?  What if the market crashes?”There’s risk involved in any kind of investing, and real estate is no different… but there are several things you can do to protect yourself from a real estate market downturn.In today’s episode of the House Flipping HQ podcast, I share a few things I’ve been doing for years to keep my risk as low as possible when flipping houses.Episode 105: Show NotesA few takeaways from today’s episode.Why it’s so important to surround yourself with the right people…An update on the stat of the real estate market in the US…What 3 different experts told me about the future of the real estate marketing this week…My thoughts on how and when you should be following the “market” data…How to protect yourself from problems in the marketplace…What I do to limit my exposure when flipping…Why you need to pay attention to the kind of financing you’re getting…The two schools of thought on signing personally for financing…How creative financing can be used to reduce your risk…Links and ResourcesThere are still a few spots available in the 7 Figure Flipping program… but we're being very selective with who we bring on.  If you think you might be a good fit for one-on-one mentoring with me and Andy over the next 12 months, head over to 7FigureFlipping.com to check it out!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 your'e 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 105: How to Protect Yourself from a Real Estate Market Downturn appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Nov 12, 2015 • 17min

HFHQ 104: How Long Does it Take to Start Making Money Flipping Houses? Here’s the Answer…

Listen to This Episode (Audio Version for Podcast)Today’s episode is more of a rant… this topic is a “pet peeve” of mine.  It’s a question I hear all the time…How long does it take to start making money flipping houses?It doesn’t happen overnight.  But having said that, if you’ve been “studying” how to flip houses for a couple years now and haven’t done any deals yet, you’re doing something wrong.   So how long does it take?  I have a theory on this, and what I’ve seen from my students has confirmed this to be true… but you might disagree…Listen to the episode, then let me know your thoughts in the comments!Episode 104: Show NotesA few takeaways from today’s episode.The key “attitude difference” between people who are succeeding and people who aren’t…Malcolm Gladwell’s “10,000 hour” theory of how long it takes to develop elite expertise at something…Why you can’t create a successful house flipping business overnight…How long it takes to start making money flipping houses…What I want you to do if you’re getting discouraged in this business…Why you shouldn’t be focusing on “making money” when you’re just starting out… and what you should focus on instead…An update on the 7 Figure Flipping Program we launched last week!Links and ResourcesLast week, Andy and I announced the launch of 7 Figure Flipping, an advanced mentoring program and mastermind group where we’ll be working one-on-one with a small group of investors over the coming year.  We’ve gotten quite a few applications, and we’re being very careful and very selective with who we bring on… as a result, there are still some spots available!  Head over to 7FigureFlipping.com to check it out!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 your'e 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 104: How Long Does it Take to Start Making Money Flipping Houses? Here’s the Answer… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Nov 5, 2015 • 51min

HFHQ 103: The 2 Things Andy Did to Reach $2 Million in Annual Wholesale Fees (Plus a HUGE Announcement…)

Listen to This EpisodeI can’t believe how long it’s been since I’ve had my good friend and “partner in crime” Andy McFarland on the show!Today, Andy and I catch up on where his business is at and what he’s been up to… and yes, we get into the numbers!  Andy shares the 2 things he did to take his wholesaling operation from low 6-figures of revenue per year to closing on $2 million today… and we talk about the importance and value of connecting with the right mentors, and tell you how to do it!And make sure to stick around to the end of the episode… because we have a HUGE announcement to make that’s been over a year in coming!Episode 103: Show NotesA few takeaways from today’s episode.The one thing that has allowed Andy to grow his business like wildfire…Andy’s revenue goals for this year and next year…The one thing that Andy says is “priceless…”The number of deals Andy and his team are doing per month right now…The two “huge jumps” that Andy made in his business, both of which propelled him to exponential growth…The best thing you can do if you want to learn how to flip houses…Why finding a solid mentor or mastermind group to join is so important…The power of accountability, and how to gain “leverage” over yourself…The amount of additional money Andy has made as a result of being part of a high-level mastermind group…The number of additional houses I’ve bought this year (and the additional income I’ll make) as a result of being part of a high-level mastermind group…Plus, a HUGE announcement that has been over a year in coming!Links and ResourcesIf you’ve listened to the episode, you know what we’re announcing today… go to 7FigureFlipping.com to check it out!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 your'e 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 103: The 2 Things Andy Did to Reach $2 Million in Annual Wholesale Fees (Plus a HUGE Announcement…) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

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