7 Figure Flipping with Bill Allen

Listen to This EpisodeToday’s episode is short and simple!  I cover a bunch of things that are on my mind right now, from calculating accurate ARVs to cultivating a mindset where you WANT to succeed more than anything.  Enjoy!Episode 78: Show NotesFocus on the best opportunities. Say no to anything that isn’t the highest and best use of your time, including houses that don’t meet the criteria you’re looking for.A lot of people tell me they can’t find a deal.  Don’t say that.  You CAN find deals!You need to know what you’re doing.  You need to know deal analysis extremely well.  You need to know the criteria you’re looking for.There really is no “conservative” ARV.  If you’re not dead on, someone else is going to get that property.Just changing one small thing can take you from buying zero properties to buying several properties per month.  What is that thing for you?The “gold or lead” story.  How badly do you really want to succeed in this business?Links and ResourcesA book I'm reading now, which I highly recommend, is Exponential Organizations.There are still spots available for the House Flipping Systems Seminar on May 9th, but they're going fast!  Last time, we sold out during the final week of signups.  Hurry and get your spot!  To learn more and register, 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 78: Gold or Lead: What It Takes to Succeed appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeToday, I have something special and kind of crazy to share with you.  Every week, I hold a meeting with some or all of my house flipping team.  We go over everything we’re working on—acquisitions, marketing, rehab projects, and so on.  These meetings are recorded so we can go back and listen again if we need to.In today’s episode, you’ll get to listen in on last week’s meeting.  It doesn’t get any more raw or real than this!  You’ll get to be a “fly on the wall” as my team and I dig into what we’re working on for the week.Why am I doing this?  Why am I replaying this recording on the podcast?  There are a few reasons.I want you to show you what the “day-to-day” is like for me and for my team.I want you to see how we communicate.  I’m very direct and honest with my team!Most importantly, I want you to see that we don’t have it all figured out!  We’re still learning, growing, and changing things up, working constantly to improve our systems.This business is never easy.  We always have something we’re trying to fix, solve, or get better at.  Today, I want to give you an inside look at what goes on behind the scenes at my company.  Enjoy!Episode 77: Show NotesToday's episode is simply a pure, authentic dive into what my team and I are up to!  From solving contractor issues to figuring out how to better streamline the escrow process, we just lay it all out.  This episode isn't packed full of “house flipping secrets” or “tips for success.”  Instead, it's an honest look at what we actually do every day.Links and ResourcesThe meeting software we use to run and record our meetings is called Zoom, and it's great.There are still spots available for the House Flipping Systems Seminar!  I really hope you can make it.  My team and I talk a lot about improving our system in this meeting, and we're going to be breaking down our system entirely for you at the seminar.  Don't miss it!  To learn more and sign up, 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 77: Listen In On A Meeting With My House Flipping Team appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeIn this episode, I outline the steps involved in creating a 7-figure income through house flipping. This “road map” covers each of the major aspects of my own house flipping journey—from education to implementation to systematizing and scaling my business.  Yes, there's a ton of info packed into this episode, so get ready!If you've ever wanted a breakdown of what it takes to get from just starting out as a house flipper to 7-figures of net income per year, this episode is for you.  Success isn't just about the steps you take; a lot of it has to do with mindset, too, and learning how to value your time and manage it effectively.  I get into that as well.My goal here is to show you what's involved in growing and operating a 7-figure net income house flipping business.  If you have any questions, I would love to hear them!  Head down to the comments section below this post and let's talk!Episode 76: Show NotesWhat’s covered in today’s podcast?  Here are a few main points.The 7 steps to a 7-figure house flipping income—I dive into each one and tell you what’s involved.Finding a niche and focusing your efforts makes this business much, much easier and more profitable.The importance of leveraging others through partnerships and by hiring assistants.How to train, manage, and empower assistants and team members. Constant constructive criticism is absolutely essential.The importance of creating systems and processes to handle every part of your business.And a whole lot more!Links and ResourcesMuch of the content for this episode is from a talk I've been giving at the Invest Club for Women in Orange County, CA.  You can learn more about this awesome real estate investing group at their website.  Oh, and it's not just for women; men are welcome to attend!This podcast will prep you for our upcoming House Flipping Systems Seminar, which I talk about toward the end of the episode.  This is happening on May 9 in Orange County, CA, and I would love to see you there.  At the seminar, I'll be diving into the specifics of how to set up the systems I talk about in today's episode, plus you'll also get to see how Andy runs his fully-systematized wholesaling business.  To learn more and sign up, 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 76: Road Map to a 7-Figure House Flipping Income appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeIn today’s episode, I interview my father-in-law Tom Wood, who gave up a steady salary and retirement benefits as a school teacher to pursue house flipping.  Less than 10 months later, he is absolutely crushing it, averaging several deals per week, and has blown past his income goals!The tips and tricks he uses to keep himself focused and motivated are just brilliant, and witnessing his transformation has been nothing short of inspiring.  If he can do it, you can do it!  And… what's with the marshmallow he's holding in the photo above?  Listen and find out!Episode 75: Show NotesWhat’s covered in today’s podcast?  Here are a few main points.It wasn't easy for Tom to make this jump.  In fact, it was downright painful at times.  He had to do a lot of things he wasn't comfortable with at first, and many people around him felt he was making a big mistake leaving his career behind.He had to learn to manage his time, stay focused, and keep himself motivated despite setbacks, angry callers, and no deals for several months.Tom came up with a number of unique ways to keep himself focused and motivated as he powered through each day.Tom talks about how he would set goals for himself and work all week until late on Saturday night to reach those goals, and how his persistence paid off.It takes time to get things rolling in this business, but if you stick with it, the deals will start to flow in!Links and ResourcesTom mentions the book The 4 Disciplines of Execution by Chris McChesney and Sean Covey.  Check it out!Our upcoming seminar on House Flipping Systems now has an official location!  Plus, you can still sign up at the deeply discounted rate of just $297, which is $200 off from the full price.  But this won't last long; the price is going up soon.  Click here to learn more.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 75: Interview with Tom Wood: From School Teacher to House Flipper in 10 Months appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Listen to This EpisodeToday’s episode is a bit different. I want to talk to you about your “why.” Why flip houses? Why seek financial freedom? What's the real purpose behind your drive for success in this business?The answer will be different for everyone, but for me and my wife, helping others is what really motivates and inspires us.  When I started in this business, my main goal was to provide for my family, and I'm blessed to have reached a point where our financial needs are met.  Yet ever since the beginning, my wife and I have wanted to get to a point where we can go beyond that and make a positive impact in the lives of others, to whatever extent we can.In this episode of the House Flipping HQ podcast, I interview Dutch Turley, a former Navy SEAL who works with a non-profit called Operation Underground Railroad to rescue children who are victims of human trafficking and exploitation.  I know Dutch personally.  We attend the same church, we're part of the same community, and I can honestly say that he is a true hero.  He's on the frontlines of a battle that many of us don't even know is being fought.  Right now, there are millions of children all over the world who are trapped in slavery, and it takes organizations like Operation Underground Railroad to intervene, rescue, and rehabilitate these kids, giving them a fresh start and the opportunity to live a healthy, normal life.Listen to this episode.  Much of what Dutch Turley has to say is heartbreaking, and I know this is a sensitive subject.  But the work this organization is doing is extremely important.Dutch Turley and the other members of the O.U.R. team are putting themselves in harm's way to free children from slavery by organizing sting missions in human trafficking hotspots around the world, bringing in local law enforcement agents to arrest the traffickers and collaborating with local NGOs to provide rehabilitation and a safe place for the children they save.  It's incredible.I've pledged to help support the work they're doing in whatever way I can, and I'd like you to join me in this.It costs about $60,000 to fund one of these rescue missions.  My goal is to raise $60,000 for O.U.R. by the end of this year.We're going to accomplish this in two ways.From one of the next houses we flip, we're going to donate all of the profit to this cause.  I haven't picked the house yet; I want to make sure it's a really good one with a lot of upside.  We'll document the process, including the purchase and rehab, and keep you updated as we complete the project.In addition, my company and I will match any contributions made by listeners like you.  If you feel that this podcast has helped you in any way, or if you're inspired or moved to join this fight, donate through the Flip for Freedom drive, which is a campaign we've set up with Operation Underground Railroad.  Whether it's $5 or $20 or any amount, I encourage you to take action and do this.  Again, we will be matching all funds donated through Flip for Freedom, so the impact of whatever amount you contribute will be doubled.  Click here to donate.At the end of the day, your “why” is important.  Success and financial freedom are great goals, and I want to encourage you to continue pushing your business forward; don't lose focus on that.  Increased success will allow you to make an even bigger impact.  But as you grow your business, don't forget about the “why.”  What can you do to improve the lives of others and give back to your community and the world?Episode 74: Show NotesWhat’s covered in today’s podcast?  Here are a few main points.On the house flipping side, we're continuing to buy houses like crazy.  We've averaged about a house a day over the past 6 weeks or so, which is absolutely unprecedented for us.Dutch Turley, a former Navy SEAL and now VP of Rescue Operations for Operation Underground Railroad, outlines the work they do to save children who are being trafficked as sex slaves.  It's not easy to listen to or talk about, but this is a global crisis and O.U.R. is on the frontlines finding and freeing these children.My company and I are going to be helping to support O.U.R. financially moving forward, starting by raising $60,000 this year to fund a rescue mission.Links and ResourcesThe number one thing I want you to take away from today's episode is a renewed awareness of the horror and pervasiveness of child slavery, as well as the knowledge that you can help Dutch Turley and the Operation Underground Railroad team in the important work they're doing.  Learn more about O.U.R. at OURRescue.org, and donate to our matched fundraising campaign by clicking 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 74: Making a Difference: Interview with Dutch Turley of Operation Underground Railroad appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Today I interview Mark Podolsky, the “Land Geek,” who gives us the rundown on making passive money through investing in raw land!  This is something a bit different than what I usually feature on this podcast; like I always say, there are a million ways to make a million dollars, and this is another one!  However, don't let this distract you from your focus, whether that's wholesaling or house flipping or whatever it may be.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 NotesWhat’s covered in today’s podcast?  Here are a few main points.The Biggest Flipping Failure Challenge began this week for members of the House Flipping Formula Coaching and Implementation Program, and it's off to a great start!  I'm super excited to see the action that everyone takes and the progress made.Tons of great info from land investing expert Mark Podolsky. Honestly, this is something unique that we haven't really covered before on this podcast, and I don't know much about it myself, so it was a great learning experience for me!Links and ResourcesCheck out Mark Podolsky's podcast, his passive income blueprint, and tons of other resources at TheLandGeek.com!Don't forget to sign up for my upcoming seminar, which is all about building a systematized house flipping business.  Click here!Like what you hear?If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and 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.  Click here to leave a review and rating! 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 73: Interview with Mark Podolsky: All About Land Investing appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Today I interview Ken Corsini, a real estate investor and entrepreneur currently doing 100 flips, wholesales, and turnkey investment deals a year by leveraging the power of systems. Learn how Ken buys houses, how he funds them all with 95% private financing, and get the inside scoop on his fully systemized operation. We also go into detail on each of the members of his 10-person team and their roles and responsibilities, giving you a glimpse into the inner workings of a high-volume real estate machine. You don't want to miss this!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 NotesWhat’s covered in today’s podcast?  Here are a few main points.A breakdown of Ken’s team, who help him do over 100 transactions a year.Understanding how a “turn-key” operation works.How Ken buys houses.How Ken funds houses.How having a systematized business helped Ken make it through one of the most difficult challenges of his life last year.Plus, an introduction to Ken's brand new podcast, Deal Farm!Links and ResourcesCheck out Ken's new podcast, Deal Farm, which just launched this month!  Visit DealFarm.net.Near the beginning of the episode, I mention a video conferencing tool called Zoom, which we're using for meetings and webinars.  It's awesome!  You can check it out at Zoom.us.And don't forget to sign up for my upcoming seminar, which is all about building a systematized house flipping business.  Click here!Like what you hear?If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and 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.  Click here to leave a review and rating! 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 72: Interview with Ken Corsini: 100 Deals a Year appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Today, I interview Mike Hambright of FlipNerd, who has done hundreds of real estate deals and educates thousands of investors at FlipNerd.com.  Mike shares his story and insights gained from years working in this field.  In other words, he has a ton of great stuff to share!  Check it out!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 NotesWhat’s covered in today’s podcast?  Here are a few main points.We've had another amazing week of house buying success!  My acquisitions manager, Kale, put 5 houses under contract himself this week.  Super proud of him!Our next seminar, schedueld for May 9th, is coming together!  You can still get in at the early bird rate, which is a full $300 off the standard price.  Click here for more info.I've gotten a lot of great feedback from people who are interested in being part of a more advanced mastermind group.  I talked about this more in last week's podcast and newsletter.  If you're already active and doing deals and you want to build a high 6-figure or 7-figure per year business, send me an email at justin@houseflippinghq.com and tell me a little about yourself.  We'll be putting together an application process for this program soon, so stay tuned.Awesome insights from house flipping expert Mike Hambright in today's interview!Links and ResourcesCheck out everything Mike Hambright is up to at FlipNerd.com!Don't forget, you can get more info about our upcoming seminar by clicking here!Like what you hear?If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and 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.  Click here to leave a review and rating! 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 71: Interview with Mike Hambright of FlipNerd appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

I just got back from an incredible mastermind event, and my mind is completely blown—in a good way!  We set a new record and put 12 houses under contract this past week.  I'm pumped!    There's a ton of exciting stuff on the horizon right now, including our upcoming seminar on May 9th in southern California, which you can now sign up for at the early bird rate.  Check it out!In the meantime, Part 3 of our first coaching call is live and ready for listening!  In today's episode, we close out our 3-part coaching call series, and I share some feedback from the mastermind event I just got back from.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 NotesWhat’s covered in today’s podcast?  Here are a few main points.What marketing methods work best for wholesalers in today's market?How to consider basement square footage when determining the ARV for a house.How should you, as a business owner, allocate the funds when you close a deal and get paid?  How much should you reinvest into your business?Tracking mailers by using custom phone numbers.The power of building systems and “taking yourself out of the equation.”Make house flipping your game.  It's your life to live and your game to play!Links and ResourcesThis coaching call was for members of House Flipping Formula. Check it out! You can get on the waiting list to be notified when we start taking signups again by emailing info@houseflippinghq.com.Get more info about our upcoming seminar by clicking here.Like what you hear?If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and 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.  Click here to leave a review and rating! 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 70: Coaching Call with Justin Williams and Andy McFarland: Part 3 appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.

Welcome back for part 2 of the first coaching call we recorded with members of the House Flipping Formula program!  Andy and I are doing calls like this with members every week, and it has been an amazing experience.  We're getting tons of great questions and having a lot of fun helping people tackle the specific challenges they're facing.    Today's podcast is Part 2 of our first coaching call.  Listen in and enjoy!Part 3 of the call will be coming out next week.  Also, we're currently finalizing plans for our next seminar, which will be happening May 9 in southern California.  Click here to learn more and sign up at the early bird rate!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 NotesWhat’s covered in today’s podcast?  Here are a few main points.Is wholesaling a “fad?” Will wholesaling disappear when the real estate market adjusts?The value of being part of an active community in order to gauge what’s happening in the marketplace.What’s the first thing you should do as a new investor?Why it’s important to spend your time rather than your money when you’re first starting out in this business.Approach your marketing with an eye toward ROI and proving a model that you can repeat and scale.How to adjust your offer to beat out higher bidders when buying a house.Links and ResourcesThis coaching call was for members of House Flipping Formula. Check it out! You can get on the waiting list to be notified when we start taking signups again by emailing info@houseflippinghq.com.Get more info about our upcoming seminar by clicking here.Like what you hear?If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and 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.  Click here to leave a review and rating! 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 69: Coaching Call with Justin Williams and Andy McFarland: Part 2 appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.