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How To Flip 200+ Houses Per Year (While Only Working 2-3 Hours Per Week On The Business) w/ Bill Allen
Jan 2, 2024
Bill Allen, founder of BlackJack real estate and 7 Figure Flipping, discusses his experience as a Navy pilot and various business ventures including real estate, apartment business, education companies, software company, farm, and YouTube channel. The chapter highlights the challenges of handling phone calls, scaling responsibly, and the impact hiring decisions can have on profitability. They also challenge the concept of analysis paralysis, comparing it to labeling individuals. The speakers explore the role of fear and risk in procrastination and offer strategies to overcome it.
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Quick takeaways
- Scaling responsibly, strategic hiring, and profitability are crucial for building a successful real estate flipping business.
- Overcoming procrastination involves de-risking through practice, focusing on the benefits of taking action, and making decisions without complete certainty.
Deep dives
Scaling a Real Estate Business: From Flipping Houses to Apartments
Bill Allen shares his journey of scaling his real estate business, from flipping houses to acquiring and managing apartments. He started with one house per year and quickly scaled to 187 houses in a year. He then ventured into apartments, acquiring six to eight properties annually. Bill also runs an education company called 7-Figure Flipping, where he teaches others how to build successful flipping and wholesaling businesses. He emphasizes the importance of scaling responsibly, hiring strategically, and focusing on profitability. He also discusses the need for visionary leaders to have an architect or integrator to execute their ideas effectively.
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