7 Figure Flipping with Bill Allen

Listen to This EpisodeMy dad recently inherited a large piece of riverfront property—and we’re trying to decide what to do with it!  I need your input and your help (seriously… if you have insights or expertise to share on this situation after listing to the episode, I'd love to hear it).  Listen in to get the whole scoop!Also, my conversations with my dad about this piece of land brought up a few other things I want to share with you about real estate investing and recognizing opportunities.  There is so much opportunity out there.  Keep your eyes open, stay confident, and take action!Episode 88: Show NotesA few takeaways from today’s episode.There are opportunities everywhere.  You never know when one will pop up, so stay alert!Sometimes you have to stick to your guns.  Stick to your number—sellers will often reject the first offer, but then come around later when they’re really ready to sell.What one person can do, another person can do—within reason, of course.  If “they” can do it, you can do it.You’re not far from massive success—we are all just an inch away from massive success.No matter what happens, you’re always learning.  Nothing is wasted.Links and ResourcesI've had the privilege of being interviewed on a couple other podcasts recently!  Check out these episodes for more great info.Attitudes for Innovation Podcast: How to Make 7 Figures In Real Estate On AutopilotReal Estate Strategy Lab Podcast: The World’s Worst Guru and How To Beat The Odds with Justin WilliamsLike 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 88: I Need Your Help With a Deal (Yes, Really!) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeThis past week, I took my family to Raging Waters, a water park here in Southern California.  We had so much fun, we went twice in one week!  And on the second visit, I found myself in the middle of a big learning experience that I want to share with you…Honestly, even though this was happening right in front of me, I could barely believe it myself.  But what I saw taught me something that I think is so profound and so important to keep in mind if you want to succeed at house flipping… or in any other aspect of life!Episode 87: Show NotesA few takeaways from today’s episode.Don't assume other people are just “lucky” when they're successful.Don't assume things are supposed to be hard.Don't be afraid to learn and try new solutions that are presented to you.Don't stand in line if you don't have to!   Links and ResourcesIn last week's episode, I broke down the system I use to flip houses without seeing them.  Check it out here.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 87: What I Learned While Standing in Line at a Water Park… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeOn the previous episode of the House Flipping HQ Podcast, I told you I would break down how to buy houses without ever seeing them.  Today, I’m going to do my best to do that.This is how I buy houses in other cities and states where I’ve never been.  Enjoy!Episode 86: Show NotesA few takeaways from today’s episode.Real estate is awesome.  You can get the rights to something that will allow you to make money, without really taking on much risk, if any.There’s really almost no risk whatsoever when putting a house under contract (assuming you have the right contingencies in place).A quick note about education—yes, you need to get educated to do this business, but the majority of people are way overthinking it.  Don’t make it so difficult for yourself.  Flipping houses is easier than you might think.The people who struggle the most in this business are often those who know “everything” about working on houses, because they get in their own way.Your goal should be to fire yourself.  Your goal should be to do as little as possible to run your business.  The less you can do, the more successful you’re going to be—I’m serious!You can have money, or you can have excuses.  You can’t have both.  If you’re making excuses, that’s why you don’t have money.I’ve said it before.  You CAN do this business.  Get some education, and learn what you need to know to keep yourself safe, but then get out there and take action, action, action.Links and ResourcesHere are a few more resources to check out about flipping a high volume of houses without seeing them.Check out my article 5 Ways to Streamline the Rehab Process.Read this summary of one of our biggest weeks for acquisitions, How We Put 12 Houses Under Contract in 1 Week.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 86: How to Flip Houses Without Seeing Them (It’s Easier Than You Think) appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeOn the way to Lake Powell with my family, we got stuck in some bad traffic… and it got me thinking about life!I would rather drive for 3 hours on a clear road than spend an hour and a half sitting in traffic.  In life, it’s the same way.  Focus on moving forward, even if you’re not completely sure the exact direction to go or the route to take.  Don’t let yourself get stuck!Episode 85: Show NotesIf you’re moving and making progress forward, you’re learning, you’re developing, and you’re getting somewhere.When you make mistakes or encounter failure, don’t let it slow you down.  Turn it into a learning experience, adjust your direction, and keep moving forward.Links and ResourcesFor more on this, read the article “Failure Only Happens When You Quit.”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 85: Are You “Stuck in Traffic” Right Now? appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeI am constantly looking for ways to be more efficient with my time, in all aspects of my life.  Efficiency is the path to freedom!Episode 84: Show NotesThis week, I want you to commit to finding one thing in your business or in your life that you can make more efficient.  I want you to get back 10 hours of your week by being more efficient.  Send me an email at justin@houseflippinghq.com and let me know what you're going to do!Links and ResourcesCheck out the podcast “Marketing in Your Car” by Russell Brunson.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 84: Why You Need to Be More Efficient appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeAll right, technically this episode is not about two Stevens, but it’s about a Steven and a Steve, which is close enough!I just got back from a trip to Utah, where I met a couple interesting people.  Let’s just say it really drove home the lesson that you can do anything you want in life, so long as your mindset is where it needs to be.  If you’re not happy where you are, don’t settle!  Take action and change your circumstances!Help Us Support Operation Underground RailroadThis past week, I went and saw one of the houses we’re flipping.  It was the first time in over a year that I did this, and I did it because this is the house we’re flipping to support Operation Underground Railroad (O.U.R.).Many of you may remember a few episodes back when I interviewed Dutch Turley, one of the leaders of O.U.R. (click here to listen to the episode).  This organization conducts raids and rescue missions to save children who have been abducted and sold into sex slavery around the world.  The work they do is intense, dangerous, and extremely important, and this year, we’re committed to raising $60,000 to fund one of their missions.The proceeds from flipping this house will go to support this effort.  But we need YOUR help, too.If you’ve enjoyed this podcast or gotten any value from it, I would ask that you consider donating to O.U.R. through our fundraising campaign, Flip for Freedom.  I’m going to match any and all contributions made through this campaign.  Click here to contribute.Episode 83: Show NotesMindset is such an important factor when it comes to success in any aspect of life.  You have to believe you can accomplish your goals and dreams, or you won’t.Don’t be afraid to reach out to others with the goal of learning from them.Model the successful people you want to be like.  Find the people in your life who have achieved what you want to achieve and surround yourself with them.Links and ResourcesEpisode 74 of the podcast is my original interview with Dutch Turley, one of the leaders of Operation Underground Railroad.  Click here to listen to it.Please consider making a donation to support the work that Operation Underground Railroad is doing.  Click here to contribute.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 83: A Tale of Two Stevens appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeFor the past couple months, up until about two weeks ago, we’ve been buying about a house a day.  Recently, we’ve made some changes and eased up a bit, so that we're now buying less houses than before.  In today’s episode, I explain why.And no, it’s not because the market is falling apart or something like that.  The market is a factor, but it’s actually very good right now where I’m buying, so there's a lot more to it than that.  Thanks for listening!Episode 82: Show NotesFirst, a few things that have been on my mind this past week.I just got back from an awesome marketing conference.  Marketing is so incredibly powerful and important, and most of us in the real estate investing world, myself included, honestly suck at it!My mindset on education has changed so much over the past 6 months or so.  I’m spending $20k per year on education for myself already, and I just signed up for another $25k per year group.Good education is by far the highest ROI you can get on your investment.  And you can get an ROI while you’re learning.The main point in today’s episode is why I’ve decided to buy fewer houses.  There are three reasons.Focusing on strengthening our financial foundation.Risk mitigation, both for myself and for my investors.Preparing for the market slowdown that will happen when we hit the colder months of the year.Right now the market is doing very well, interest are low, things are great, but I want to make sure I’m prepared for the seasonal slowdown in the second half of the year.We have so many houses in process right now that I’ve focused my team’s efforts more on project management than acquisitions.I'm very, very excited for what the future holds, now that I've seen firsthand that we can handle this kind of volume!Links and ResourcesWe’ve officially re-opened the doors to the House Flipping Formula coaching program.  Get the details and sign up at HouseFlippingFormula.com!The recording of the House Flipping Systems Seminar is still available!  It’s not going to be up for much longer, so hurry!  Get it here.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 82: Why I’ve Decided to Buy Less Houses appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeIn the past week, I’ve fired three people, in three different ways and for three completely different reasons.  In today’s episode, I share the lessons learned!One of the “firings” was more like a “mutual breakup,” where it turned out he was actually planning to quit and already had a new job lined up right as I decided to let him go.  One of them was a new member of the team who, just a couple weeks into the job, started demanding things we hadn’t agreed to.  And the third was a true firing—where I was just completely done dealing with this person’s garbage, I called them out on it, and we immediately parted ways.I hope getting a glimpse into what happened in each case and my rationale for ending these relationships will help you as you’re hiring and managing your own team!House Flipping Formula: Registration Is Now Open!We’ve just recently re-opened registration for the House Flipping Formula Coaching Program!  If you’ve been waiting to join, now is your chance!The program includes membership in the House Flipping Mastermind Group, plus monthly coaching calls, tons of training videos, resources, and more.  To learn about the program and sign up, head to HouseFlippingFormula.com!Episode 81: Show NotesThere are three kinds of “breakups,” and I got to experience all three this week.The Quick-and-Dirty Break UpThe Mutual Break UpThe “I've Drug This Out For Way Too Long and I’m No Longer Buying Your Garbage” Break UpWhen you hire someone part time, and it’s an easy job, it’s not that big a deal if it doesn’t work out.Compensate people for what they’re worth.  Give them raises over time.  But get them to agree to all of this in advance, so you’re not dealing with unexpected demands later.Keep in mind when you hire someone you already know or someone who’s family, it can be hard to fire them if you need to.If someone just isn’t passionate about their position or they don’t seem fully invested, that can be a sign that it’s not going to work out long term.  Have the “break up” sooner rather than later.In general, you should absolutely try to have conversations before you have conflicts.Ask questions.  Dig deeper.  Make sure you find out what’s really going on.Don’t buy people’s garbage.  People will feed you garbage all the time, and sometimes it’s very believable.  But you’ve got to trust your gut.Links and ResourcesWe’ve officially re-opened the doors to the House Flipping Formula coaching program.  Get the details and sign up at HouseFlippingFormula.com!The recording of the House Flipping Systems Seminar is still available!  It’s not going to be up for much longer, so hurry!  Get it here.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 81: How I Fired 3 People in 1 Week appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeIt was really awesome getting to meet so many members of the House Flipping HQ family at the seminar a week ago!  If you weren’t able to make it, I hope you’ve had a chance to pick up the recording.  If not, you can get it here.One of the things I talked about at the seminar is the importance of your community and who you surround yourself with.  This is one of the top two or three biggest factors that will determine whether you succeed or fail in this business.In today’s episode, I share with you how to start your own mastermind group, as well as a few things to watch out for if you’re joining one run by someone else.  I’m not exaggerating when I say that 50% of your time and effort should be spent building your community—creating and strengthening relationships with the people who can help you succeed.  A mastermind group is one of the best ways to do this.House Flipping Formula: Registration Is Now Open!We’ve just officially re-opened registration for the House Flipping Formula Coaching Program!  If you’ve been waiting to join, now is your chance!The program includes membership in the House Flipping Mastermind Group, plus monthly coaching calls, tons of training videos, resources, and more.  To learn about the program and sign up, head to HouseFlippingFormula.com!Episode 80: Show NotesA quick recap of how my team is doing buying houses.  I thought we were finally going to have a slow week, but I ended up being very wrong!Often when you want to add something, you have to take something away—we need to focus more on project management now, and we have so many houses in the pipeline that we’ve stopped a lot of our marketing.Find the people who are doing deals and having success, and model what they’re doing.You can’t be the machine; you have to build the machine.  You need to work on your business, not just in your business.  Build the system, build your team, and build your community.The best way to be successful in anything, or any business, is to surround yourself with people who have the same focus and goals as you, and who have been there before.  A mastermind group or community can literally change your business and your life.Day to day action and feedback is more important than going to seminars and other events.Links and ResourcesI’ve mentioned this before, but I highly recommend the book Exponential Organizations.If you’re starting a mastermind group, use Zoom or Google Hangouts for running meetings!The house flipping formula coaching program is now officially open for signups!  Head over to HouseFlippingFormula.com to learn more.Also, if you haven’t gotten a copy of the House Flipping Systems Seminar recording yet, you still can.  Get it here.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 80: Why You Need to Start or Join a Mastermind Group appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeMy team and I just wrapped up our spring Mastermind Meeting and the House Flipping Systems Seminar this past weekend, and we had a blast at both events!  Thank you everyone who attended.  You rock!Today’s episode is a bit different.  I’ve spent most of this week in San Diego meeting with my own mastermind group, and since I wanted to get this episode out to everyone as soon as possible, I asked my tech guy Kyle to record it for me and get it set up!For this episode, we’ve grabbed a few highlights from the House Flipping Systems seminar for you to listen in on.  Enjoy!  Oh, and if you like what you hear, you can get the full seminar recording here!  Thanks for listening!Episode 79: Show NotesThe importance of knowing your “why.”How to systematize acquisitions, buying, financing, and more.In order to systematize, you absolutely have to know your criteria, and it needs to be consistent.Focus on getting houses under contract, and dive deep into analysis once you have a house under contract and you’re ready to buy—not before.You’re only going to run the risk of losing money when you buy a house, or if you put down a large deposit and let your contingencies run out.  But until then, you have nothing to worry about.Your goal should be to “fill the funnel” with as many offers as possible, and then focus on the ones that you get under contract.  Don’t be reckless, but don’t hold back out of fear.Don’t be a control freak.  Don’t assume you can do things better than everyone else.If you put one person in charge of a part of your business, they’ll probably end up doing it much better than you ever could have, because they’re able to focus on just that one thing.How to streamline payments to private money lenders and get the most out of their funds.Links and ResourcesTo get access to the full recording of the seminar (6+ hours of footage), click here!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 79: House Flipping Systems Seminar Recording appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.