7 Figure Flipping HFHQ 51: Building a House Flipping Machine with Andy McFarland
Andy McFarland is here with insights on how he runs his house flipping and wholesaling business. Andy is not just a mentor in my Fail Fast Flipping Program, but also shares a ton of great tips on how to create your own house flipping machine and make real estate your business, and not just a job. Find out more on this episode.
Have any questions? Just post them in the comments area below! And if you like what you hear, be sure to click here to subscribe in iTunes. And while you’re there, why not leave us a review and five-star rating?
Show Notes
Andy Shares:
- His inspiration for getting started in real estate
- Tips on methods for starting your own house flipping system
- Andy discusses each member of his team and their responsibilities
- What should be the priority in your business
- The importance of internet marketing in real estate
- Methods and steps for expanding your wholesaling business
- Hear all about “The House Story”!
- The importance of developing good relationships with your buyers and contractors
- Andy's favorite failure and what he learned from it.
See Andy's Video:
Tweetable Quotes
- “You have to value the relationship of your associates in this business” – Justin Williams
- “You can fool somebody once, but is just a one time deal” – Andy McFarland
- “Sometimes the only thing that you can do is to make the life of the buyer easy” – Andy McFarland
- “You learn alot more from your losses than your deals” – Andy McFarland
- “Nothing is going to be perfect. Just go about there and take action!” – Andy McFarland
- “You first have to believe in yourself that you can do it” – Andy McFarland
Transcript
Click here to Read and Download the Transcript for Episode 51
Links and Resources
Anchor Loans is one of my main hard money lenders. I absolutely recommend them to help finance your deals 
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