The Flip Talk Podcast with Don Costa
Don Costa - Real Estate Investing - House Flipping - Wholesaling - How to F
Are you looking to build a business around your passion and make the income you want without having to sacrifice all your free time to do it? Do you want straightforward and helpful advice without all the fluff? As the real estate industry grows, it gets harder to find coaches who've been through it all and have knowledge backed by years (or decades) of experience. Flip Talk with Don Costa is a no BS podcast that gives real actionable information that you can use to start or grow your real estate business. No fluff, no bull, and no so-called "experts". Just real knowledge, tips and tricks from the guys who actually flip houses every day! Flip Talk is the podcast for those thinking about getting into real estate. It supports people who want to get more traction for their business and experts who want to stay in the know with current trends in the market. The real estate industry is vast, and it can take a while to find the right direction to go in. If you're looking to get started, trying to find the right hires, scaling your business, identifying new marketing tactics, wholesaling, etc., Flip Talk is here to help. Don't let the fear of what you don't know get in the way of you achieving financial freedom. This show invites guests who share real experiences from the field and fresh insights on what's currently working (and not working) in the real estate world. It's not just about the wins and the fancy cars but also the failures and sacrifices it takes to achieve your real estate and financial goals. Flip Talk offers aspiring real estate entrepreneurs an opportunity to learn from people who provide honest and legitimate perspectives to ensure they're prepared for what's coming. Each week features informative episodes with actionable insights to help boost and elevate your flipping and wholesaling business. Find out what everyone in the industry is doing, and the tools you need to navigate the ever-changing world of real estate. The show supports entrepreneurs in their real estate business journey, combining years of experience with new trends and information on the market. Host Don Costa has been in the real estate investing world for over 20 years. During many highs and lows within market cycles, he lost everything. So he started over and compiled those years of experience and wisdom into the nitty-gritty truth about what it's like to fail and what it takes to succeed. It's not easy and it takes hard work. Don is here to guide you through with practical steps and realistic advice on how to avoid many of the mistakes that occur when you first start out and how to make buying and selling real estate a successful business. He will help you achieve your wealth-building goals, find your vision and purpose, live your passion, and build a successful business around it. If you've ever thought about flipping houses and investing in real estate, you're in the right place. Learn the ins and outs of real estate investing without all the fluff from self-proclaimed "gurus". Get real, practical knowledge from the people who have been doing it daily for years. Subscribe to weekly episodes for an inside look at successful house-flipping businesses. Learn from real investors who have forged the path to success. Join Don Costa for tips and tricks on how to implement systems while avoiding common and costly mistakes to grow your house-flipping business today! Join and listen to Flip Talk at https://fliptalk.com!
Episodes
Mentioned books
Jan 31, 2019 • 40min
Nathan Stoltzfus Asks Don EVERYTHING!
Nathan Stoltzfus is a property investor, licensed realtor, and a renovator of properties that are dilapidated. He has 7 years of experience in construction, and from an early age, his entrepreneurial spirit brought success through flipping properties. He has a bachelor’s degree in Business Administration and Management from Messiah College. Nathan joins me today to share how he got started in real estate investing and flipping properties. He reveals the financials behind his first property flip and the strategies he uses to find deals. We also discuss strategies on choosing the right contractors for your business, how to give up control and hire staff, and how to reduce risk when the market cools. “Training your team or your contractors should be like a frog in water. You throw them in the pot and turn up the heat real slow.” Don Costa On Today’s Episode of Flip Talk: Nathan’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Nathan Stoltzfus: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Jan 23, 2019 • 47min
Door Knocking and the Power of Marketing with Chris and Jamie Bounds
Chris and Jamie Bounds are a real estate business couple operating in the Texas area. They founded Texas Ideal Properties, a company that promises convenient and secure transactions for clients who want to sell their property fast. Chris’ exposure to real estate started back in 2004 while attending Texas A&M University. Jamie also graduated from Texas A&M and was a middle school teacher for six years until Chris introduced the wonders of owning a real estate business. Chris and Jamie join me today to share their passion for real estate and how they run their business. They describe how they got started in this business and what urged them to pursue a career in property buying and selling. They discuss some of the marketing strategies they used and the lessons they learned from past mistakes. They also share tips for managing a growing business and advice for those who want to become real estate investors. “Lack of information is never an excuse in not getting started.” - Chris Bounds On Today’s Episode of Flip Talk: Chris and Jamie’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Chris and Jamie Bounds: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Jan 16, 2019 • 47min
Being Properly Captilized vs Having Skin in the Game with Andrew LeBaron
Andrew LeBaron is the co-owner of Live Cash Deals and Manager at Flippin’ Paper. He has been in the real estate industry for four years, having previously worked in a bank call center. Currently, his company focuses on two primary markets, averaging 10 to 15 deals per month in each market. His specialties include working with seller finance deals and wholesaling many of the property deals his company makes. Andrew joins me today to share the ups and downs he has experienced since starting his real estate journey. He explains how he got started working with subject 2 existing mortgages and wholesaling and his strategy for rehabbing properties. He also shares the biggest mistake he has made as a young real estate investor, the lessons he has learned from this mistake, and the driving force to continue his journey in real estate investing. “You can’t let an amount of money hold you back.” - Andrew LeBaron On Today’s Episode of Flip Talk: Andrew’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Andrew LeBaron: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and and share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Jan 9, 2019 • 29min
Running a Virtual Real Estate Business and Partnerships with Steven Pesavento
Steven Pesavento is more than a real estate investor. He is also a strategist, expert digital marketer, and a professional web developer. His specialties include house flipping, project management, marketing, growth hacking, and business development. As an investor, Steven enjoys buying homes for investors, rehabbing the properties, and selling them to new families. Today, Steven joins me to share where his real estate business is today as well as how he operates his business from an entirely virtual perspective. He describes how he runs his virtual company, the team he assembled, and the tools he uses to make everything seamless. He also explains his marketing strategies and the lists he gets the most deals from and shares actionable tips for anyone thinking about joining the real estate industry. “Having the ability to find the property and to build your own pipeline is just as important as being able to do the renovation.” - Steven Pesavento On Today’s Episode of Flip Talk: Steven’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Steven Pesavento: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Jan 3, 2019 • 25min
Greg T Shyne on Becoming a Successful Real Estate Entrepreneur Through Networking
Greg Shyne is the President and CEO of Shyne Ventures, a private real estate firm that focuses on acquiring, redeveloping, and managing single and multifamily properties in the North Texas area. While he didn’t focus in real estate until 2012, Greg has always been an entrepreneur at heart which explains why he decided to pursue a degree in entrepreneurship at the University of North Texas. Today, Greg joins me to share his experience as an investor. He describes his passion for entrepreneurship and what led him to become part of the real estate industry. He shares the reason he decided to focus on fix and flips and the challenges he faced when he closed wholesale deals. He also discusses the importance of networking and how it can be the most lucrative way to promote your business. “The more people that know what you do, the more opportunities come your way.” - Greg T. Shyne On Today’s Episode of Flip Talk: Greg’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Greg T. Shyne: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Dec 26, 2018 • 39min
Flip Hacking Live!
As a real estate investor, wholesaler, and house flipper, attending the Flip Hacking Live event can truly transform your life - and your business. Earlier this year, I had the opportunity and pleasure to share my story and experience on the stage at this event with some of the most successful and inspirational speakers and experts in the industry. On today’s episode, I share my presentation during the Flip Hacking Live event. I cover various topics ranging from how I got started, fell, and got back up to how my team and I are working together to sustain the growth of my business. I share how the economy crash of 2008 affected me financially and mentally and explain what business owners should consider as an investment and cost. I also share some numbers regarding marketing performance and explain how we filter the right deals as well as explain what it means to let your team make mistakes and how you can prevent being the bottleneck of your company. “I am who I am because I failed. I understand my business because I failed.” - Don Costa On Today’s Episode of Flip Talk: Don’s Advice for Business Owners: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Dec 24, 2018 • 33min
Learning the REI Ropes: From Army Veteran to Real Estate Investor with Ralph Garcia
A career after serving in the military is hit or miss for a lot of people. Some choose to stay within the military space; others go for something outside their comfort zone, which is what our guest today aims to accomplish. Ralph Garcia is a US Army veteran but is now looking to build a stable career as a real estate investor. While he does have a few deals under his belt, he still has a lot of questions regarding how the industry works, particularly the ins and outs of a standard transaction. Today, Ralph joins me to inquire about the more intricate details regarding real estate transactions and auctioned properties. He shares his life in the military, his career as a loan officer, and his transition to real estate. I share my thoughts on auctioned properties and describe why some of them are bad for business. I also share resources in finding property addresses as well as the strategies I use when it comes to transactions involving vacant land. “Prepare for the worst and hope for the best. That will always make you a better and more prudent investor.” - Don Costa On Today’s Episode of Flip Talk: Don’s Tips for Getting into Real Estate Investing: Resources Mentioned: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Dec 19, 2018 • 30min
Growing and Scaling Your RE Business. How Fast is Too Fast with Scott Bower
Scott Bower is the owner of HBSB Holdings, a full-service real estate company located in Phoenix, Arizona that specializes in buying distressed properties including multi-family, commercial, and retail. He is also the host of #INVESTTHIS, a podcast about real estate investors at the top of their game. Scott has closed $2.2 million in his first year as an investor and had since flipped over 150 residential transactions and built a portfolio worth $20 million in closed volume. Today, Scott joins me today to share his experience as a business owner and share his wisdom on building a successful company. He describes his first year in real estate, his first marketing strategy, and how his first deal went. He shares the story of when his partner sued him and the lessons he’s learned from that experience. Scott also discusses how he creates postcards, how he attracts new leads, and why you want to take things slow when it comes to growth. “You are the product of the five people you spend the most time with.” - Scott Bower On Today’s Episode of Flip Talk: Scott Bower Tips for Getting into Real Estate Investing: Connect with Scott Bower: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Dec 17, 2018 • 39min
Logan and Katy Ross Get Great Answers from Don
Getting started in real estate is always a huge jump compared to a normal, 9-5 career. There are a lot of hurdles along the way and the fear of losing money never really goes away until you’ve been in the business long enough. These are the fears that prevent Logan and Katy Ross, a young couple in Benton, Kentucky, from becoming full-fledged investors. Today, Logan and Katy join me today to learn tips about financing your business and how to almost always guarantee profitability. I explain why private lending is better than taking a loan and the formula my team and I use in estimating cost. I discuss reasons why wholesaling is best when it comes to your first few projects and how to dominate the market they’re in. I also share some tips on how to make yourself attractive to private lenders as well as how to deal with family members as business partners. “It doesn't matter how profitable a project could be if you're not capable of getting to the finish line.” - Don Costa On Today’s Episode of Flip Talk: Don’s Tips for Getting into Real Estate Investing: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
Dec 12, 2018 • 21min
Age is No Barrier with Harper Jones
Harper Jones is a partner at ArrowDoor, a real estate company that specializes in short-term capital and long-term wealth through tax benefits on properties. Having just turned 22 a few months ago, Harper is definitely one of the youngest investors today. Despite being so young, he had over 10 houses flipped in 2017 and helped his company buy 30 properties this year. He started with single-family flipping and is now responsible for managing multiple rental properties for ArrowDoor. Today, Harper joins me to share the success he’s had over his last two years of being a real estate investor. He describes his transition from being a college student to investing in property, explains how he first started marketing for deals, and shares how he does them now. He also discusses how their company managed to close multiple deals this year even when many called 2018 a difficult market. “If you're consistent and work at it, you're going to get deals.” - Harper Jones On Today’s Episode of Flip Talk: Harper Jones Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Harper Jones: Rate, Review, Learn and Share Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie PlayBook and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry. Join the community of FlipTalk fans on Facebook, YouTube, and visit our website for even more content, information, and resources about real estate investing.
