7 Figure Flipping with Bill Allen

Bill Allen
undefined
Oct 24, 2019 • 1h 19min

7FF 285: What to do if you’re a NEW wholesaler (live coaching call… listen in)…

Listen to This Episode I’ve got something special for you today.We recently held our annual event, Flip Hacking LIVE, in San Diego.  It was awesome.But I want to make next year’s event 10X more awesome.So I asked everyone who attended the Flip Hacking LIVE 2 weeks ago to send me their thoughts on what they liked and didn’t like about the event.To make it more fun, I said I would pick 1 person who responded and give them a 1-on-1 coaching call with me, as a way of saying thank you for the feedback.I got a lot of great responses……and a lot of great ideas we can use to make the next Flip Hacking LIVE better than ever.On top of that, I got to spend an hour or so with a young, driven wholesaler named Dante on a coaching call where we dug into his business and broke down some next steps.I’m sharing that call here on the podcast so EVERYONE can benefit…Let’s dive in!Links & Resources By the way……the kind of direct feedback you’re going to see in this video is EXACTLY what goes on inside the 7 Figure Runway group.Today is the LAST DAY to join 7 Figure Runway before we close the doors.(We won’t be taking on any new members until next October.)So if you want to be part of that group and get on calls like this with my team every week for the next 12 months……head over to 7FigureRunway.com to sign up before midnight night!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 285: What to do if you’re a NEW wholesaler (live coaching call… listen in)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
undefined
Oct 22, 2019 • 46min

7FF 284: How to get MORE seller appointments from your marketing (Val Brega at Flip Hacking LIVE)…

Listen to This EpisodeVal Brega is my lead intake manager.When a seller calls in wanting to sell us their house, Val’s lead intake team takes the call, screens the prospect, and sets up the appointment for our acquisitions team.Pretty straightforward, right?Here’s the thing, though…Lead intake is where your marketing dollars turn into potential revenue.If something is “off” with your lead intake process…If you’re not getting to the phone fast enough…If you’re not following up with leads the right way…If you’re not screening and qualifying sellers effectively…If you’re not pre-framing the appointment for success from the first call……then you’re going to miss out on deals.In some ways, lead intake is one of the most volatile and unforgiving parts of your house flipping or wholesaling business.So at Flip Hacking LIVE, I asked Val to share our lead intake process.And today, I’m sharing the recording of her presentation here on the podcast.Check it out here!Links & Resources Val is going to be getting on regular coaching calls with the 7 Figure Runway group over the next 12 months, where she’s going to be going deep into how to effectively build out your own lead intake team.And the other members of my team will be doing the same.If you’re a Runway member……you’re going to get 12 months of hands-on guidance as you implement the exact systems we’re using into your own business.If you’re NOT a Runway member yet……we held our kick off call last night.  But you can still join the group and catch up.We’re closing the doors at midnight on Thursday.If you want to be part of this journey over the next 12 months, click below to join now!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 284: How to get MORE seller appointments from your marketing (Val Brega at Flip Hacking LIVE)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
undefined
Oct 19, 2019 • 48min

7FF 283: 3 things that “kill” deals and push sellers away (Chad King at Flip Hacking LIVE)…

Listen to This Episode You’ve got to get houses under contract.Doesn’t matter if you’re flipping or wholesaling…Contracts are the lifeblood of this business.You make your money (or lose it) when that contract is signed.Everything after that is just exit strategies (rehab and flip, wholesale, wholetail, hold as a rental… lots of ways to make money once the contract is signed).So what does it take to get houses under contract?It takes rock-solid sales and negotiation skills.Unfortunately, a lot of real estate investors are making BIG mistakes when meeting with sellers.And they end up pushing sellers away, losing deals, and leaving money on the table.My acquisitions manager Chad King has been on over 1,000 appointments.I’ve never met anyone who can get contracts signed like he can.He’s GOOD at sales and negotiation.So I asked him to come up on stage at Flip Hacking LIVE and break down how he handles seller appointments… what he says, what he DOESN’T say, and more.Chad knocked it out of the park…And today, I want to share the recording of his presentation with you.In the next 40 minutes, Chad is going to dig into…The 3 biggest things that “kill” deals during negotiation…What advance agreements are and how to use them…What questions to ask FIRST when you meet with a sellers…How to control the negotiation…How to “anchor” the negotiation in advance…What NOT to talk about with sellers…3 negotiation “hacks” to get more houses under contract…The difference between sales amateurs and sales pros…The exact scripts and wording to use…How to get sellers to give you THEIR number first…How to track and manage the followup process…How to train your acquisitions reps…Lessons learned from over 1,000 in-person appointments……and more.Listen in here!Links & ResourcesThere are just a few days left to join 7 Figure Runway.Chad and the other members of my team are going to be getting on live weekly training calls for the next 12 months to help a small group of serious, committed investors grow their businesses.Everything you hear in this episode today is just a starting point.Chad is going to be sharing a lot more over the coming months.If you want to be part of the Runway group and be on those calls, you need to jump in now.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 283: 3 things that “kill” deals and push sellers away (Chad King at Flip Hacking LIVE)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
undefined
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.
undefined
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.
undefined
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.
undefined
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.
undefined
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.
undefined
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.
undefined
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.

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app