7 Figure Flipping

Bill Allen
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Oct 29, 2019 • 1h 1min

7FF 287: 4 “Laws” of Leadership: Interview with Jocko Willink

Listen to This Episode A lot of house flippers and wholesalers do all the work themselves.They answer the phone calls, they meet with the sellers, they make the repairs, they find buyers, they handle escrow and utilities and so on.And that’s okay… some investors like it that way.But if you’re a solopreneur, your business will never grow beyond you.For most flippers and wholesalers, that means they’ll never do more than a couple deals per year.Maybe it’s enough to live on… maybe it isn’t.But either way, it’s a recipe for burnout.And it’s why so many real estate investors go back to their “day jobs” after a year or two.If your plan is to build a successful, stable, reliable business that brings in the income you need and frees up your time so you can spend it living life on your own terms with the ones you love……then you need to listen to today’s podcast episode.Why?  Because to scale your business beyond what you can do on your own, you’re going to need to hire and build a team.And when that happens, LEADERSHIP becomes your most important skill set.Unfortunately, a lot of investors go into leadership with major blind spots.Most of us don’t have MBA’s.  We didn’t go to Harvard.  Leadership may not be something we’re used to or comfortable with.That’s why I asked Jocko Willink to speak at Flip Hacking LIVE a couple weeks ago.Jocko is a leadership expert, author, and decorated retired Navy SEAL officer.During his time in combat and as a SEAL Trainer, he developed and refined 4 “laws” of leadership that helped him and his team achieve their objectives safely, consistently, and effectively in the face of deadly resistance.Today, he’s joining me on the podcast to break down these 4 laws and dig into how we as real estate investors can apply his leadership approach in our own businesses.Jocko brought down the house at Flip Hacking LIVE…And if you want to build a business that will last……then what you’re going to learn today is mission-critical.Listen in here!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 287: 4 “Laws” of Leadership: Interview with Jocko Willink appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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Oct 26, 2019 • 1h 5min

7FF 286: Making an IMPACT (this is WHY your success matters)…

Listen to This Episode I want you to know something.You owe it to yourself and the world to work hard and be successful at whatever you do.I wholesale and flip houses.I run mentoring groups to help others do the same.Why?  Because I know that the more we push ourselves to succeed in this business, the more opportunities we each have to make an impact on the world.That’s what this business is about, for me.Making money is great.Having more freedom and time to do what we love is great.But those things are great because they allow us to do GOOD and give back and help others… our families, our communities, and the causes we care about.This is why you MUST succeed.I work about 2 hours per week in my real estate investing business.I’m thankful that my business has reached a point where that’s the case……because it means I can pour more of my time into making an impact.On today’s episode of the podcast, I’m doing something different.This isn’t going to be about real estate.Instead, I want you to meet someone very important.Every year at Flip Hacking LIVE, we support a charity.One organization we’ve had the privilege of working very closely with is Operation Underground Railroad… a group of guys and gals on the frontlines of saving children from human trafficking around the world.And when I say “frontlines,” I mean it…They’re the ones going on sting operations and kicking down doors to rescue these kids.Supporting their mission is a big part of why we do what we do……and today, I’ve brought Matt Osborne from O.U.R. onto the podcast to take you behind the scenes of the work they’re doing and the sad reality of why it’s necessary. We all got into house flipping and wholesaling for our own reasons.We all have our “why.”For me, supporting causes like Operation Underground Railroad is part of my “why.”And regardless of what causes or charities you support, I want to encourage you to stay focused on the impact you’re making.Wake up every day and remind yourself WHY you’re in this business.The world needs you to succeed.The world needs you to give it your all.Keep learning, growing, and taking action……and I’ll catch you on the flip side! Links & ResourcesWant to join me in supporting Operation Underground Railroad? One of the most powerful ways we can help their cause is by donating financially.If that’s something you’d like to do, click the link below… and for anyone who donates $100 or more, send a receipt of your donation to info@houseflippinghq.com and I’ll mail you a free O.U.R. t-shirt!CLICK HERE to Donate & Support Operation Underground Railroad >>Any amount helps the cause. So if it’s on your heart to give and be part of the mission of this incredible organization, thank you!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 286: Making an IMPACT (this is WHY your success matters)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.
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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.
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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.
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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.
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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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