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
Jun 4, 2018 • 27min
Week 17- Rinse and Repeat
A lot of new real estate investors tend to get distracted with the “shiny object syndrome” - the thought that they need to continually recreate the wheel or try something new before they’ve mastered the foundational skills. Many new investors fail to realize that the majority of building a successful real estate career relies on their ability to continually repeat the simple, yet powerful fundamental process that enabled them to achieve success with their first deal. On today’s episode, Don and Ryan explain why it’s critical to follow the “Rinse and Repeat” model of building your real estate business. They discuss the importance of finding the right people to add to your team, evaluating and reverse engineering the process you used to successfully close your first deal, and the importance of finding constants and removing barriers as you continue to build your real estate empire. They also share stories of how they’ve worked through various unexpected title issues throughout their career and tips for new investors trying to navigate their way through issues with property titles. “The process is never going to change.” - Ryan Scialabba This Week on FlipTalk’s Rookie Play Book: Key Takeaways: Resources: 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 and visit our website for even more content, information, and resources about real estate investing.
May 30, 2018 • 37min
Working in a Virtual Real Estate Market with Greg Helbeck
Greg Helbeck is a real estate investor and the owner of Velocity House Buyers, a company that purchases off-market homes in the New York and Texas areas. The company prefers to buy houses that are considered “distressed” properties - homes that are currently in sticky situations such as foreclosure, probate, or quick sales. His strategy for finding homes is considered unorthodox, but it has enabled him to find his footing in the big world of real estate. Greg joins me today to share what it’s like to work in a virtual real estate market. He shares his humble beginnings, his first and worst deals, and why he decided to take an unconventional route when it came to finding properties to purchase. He also discusses the various methods he uses in closing deals and how hiring a genealogist has impacted his business. “The more hair on the deal, the more money you'll make.” – Greg Helbeck On Today’s Episode of Flip Talk: Greg Helbeck’s Tips for Getting into Real Estate Investing: Resources: Connect with Greg Helbeck: 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 and visit our website for even more content, information, and resources about real estate investing.
May 28, 2018 • 19min
Week 16 - Get Your Mind Right
By week 16 in your real estate investing business, you have already learned much of the basics of running your business. Finding properties, negotiating deals, renovating homes, hiring a team, and marketing your products for the best possible return on investment are a few of the things you should have already began doing. By now, it often means that everything that comes next in your business is simply a matter of “rinse and repeat” Start from scratch and continue to build your team, grow your efforts, network, and market. Week 16 is also often the time when self-doubt begins to settle in for many new property investors. Today, Don shares why it’s critically important to get your mind right as you continue to build your business. He shares how he handles negative thoughts, self-doubt, and why he believes that having confidence and believing in yourself is a key fundamental of starting your business and taking it to the next level. He also shares the primary difference between highly successful real estate investors and beginners, how honing your sense of value and self-worth can help you operate at a higher level, and why continuing to network and meet new people is critical to the longevity of your real estate business. “You are all fully and completely capable of making your dreams come true.” - Don Costa This Week on FlipTalk’s Rookie Play Book: Key Takeaways: 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 and visit our website for even more content, information, and resources about real estate investing.
May 23, 2018 • 57min
Finding and Securing Private Money Lenders with Dave Dey
Dave Dey is a real estate investor in the Florida area. Before starting his real estate investing career, he and his family were living in a motel with no real guarantee of where the next meal would come from. After seeing an early-morning infomercial on T.V., he decided to take a leap of faith and begin his real estate journey. Since then, he has built a highly-successful real estate business and is widely known for helping other new investors get their footing in this ever-growing industry. Today, Dave shares how he got into real estate and the situation he was in before becoming the successful investor he is today. He discusses the struggles of starting out, the mentors who helped him get through it all, and how he was able to will himself to success. He also shares his secret tricks for generating leads, getting private money, and finding deals in public records. “The property is not the security; it's the collateral. The security is you.” – Dave Dey On Today’s Episode of Flip Talk: Dave Dey’s Tips for Getting into Real Estate Investing: Resources: Connect with Dave Dey: 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 and visit our website for even more content, information, and resources about real estate investing.
May 21, 2018 • 16min
Week 15- What's Next
As your journey of starting a real estate investing and rehabilitation business continues to unfold, you have likely realized there are many moving parts associated with getting your business off to a great start, landing your first real estate deal, and working your way toward success. At the end of your first quarter, you should already have at least one real estate deal under your belt and should be ready to develop a plan of action on how you want to earn a profit from that deal. On today’s episode, Don and Ryan recap where your real estate investing business should be at the end of Quarter 1 as well as provide a basic understanding of what you can expect in Quarters 2, 3, and 4. They also share the topics they will discuss in future episodes that will help you get a better understanding of how to run and operate your business and create systems and processes that will support the growth of your company. “Honing in on your craft can really be the make or break point to getting your first deal or leveling up in your business.” - Ryan Scialabba What’s Next on FlipTalk’s Rookie Play Book: 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 and visit our website for even more content, information, and resources about real estate investing.
May 16, 2018 • 49min
What Faith and Hard Work Will Get You with Judah Michael and Lindsey Kinnsch Michael
Judah Israel Michael and Lindsey Kinnsch Michael are a young couple passionate about the property investing and real estate flipping industry. Lindsey, who’s career initially began during her teenage years while working at her father’s fix and flip business, has over 20 years of experience in the industry. Judah, who has a previous background in marketing and public speaking, began his real estate journey in 2010 after meeting Lindsey. Judah and Lindsey join me today to share how having faith and working hard has impacted their ability to build a successful real estate flipping business. They explain how they overcame challenges and obstacles associated with starting a fix and flip business in a hot, highly competitive market and the strategies they used to secure private money early in their journey. They also share how being creative and thinking outside-the-box when finding, negotiating, and marketing deals have helped them quickly grow and scale their business. “Faith and hard work are definitely a hand-in-hand kind of marriage.” - Judah Israel Michael On Today’s Episode of Flip Talk: Resources: Key Takeaways: Connect with Judah Israel Michael and Lindsay Kinnsch Michael: 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 and visit our website for even more content, information, and resources about real estate investing.
May 14, 2018 • 53min
Week 14- Working With Contractors
Hiring and managing contractors is often one of the most challenging aspects of owning a real estate rehabilitation company. There are many moving parts and things to consider when finding and hiring the right contractors to work on your rehab project. Understanding where to find good contractors as well as how to properly vet and train them is critical to building a successful real estate business. Today, Don and Ryan discuss how working with the right contractors can impact the success of your real estate business. They explain how your local market can impact the cost of property repairs and how to use inspection periods to properly vet contractors and make better buying decisions. They also share strategies on finding good contractors to work with, the characteristics of a good, trustworthy contractor, and the benefits of working with and training newer contractors instead of veterans. “Once you find a good contractor, it changes your business forever. You become unstoppable as a flipper.” - Don Costa This Week on FlipTalk’s Rookie Play Book: Resources Mentioned: Key Takeaways: 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 and visit our website for even more content, information, and resources about real estate investing.
May 9, 2018 • 41min
Practices and Strategies with Matt Theriault
Matt Theriault is the owner of Epic Real Estate, a company that helps both new and veteran investors elevate their real estate game and improve their cash flow. He and his team educate students on how to find the right deals and where to find properties that will suit their risk appetite as well as provide personal coaching services. He has been in the real estate business since 2003 but served as a former US Marine prior to being an investor. Today, Matt shares his wisdom on how to start and run your own real estate company. He describes his personal experience with regards to founding Epic Real Estate and the many lessons he has learned along the way. He also provides sage advice when it comes to finding capital as well as a few tips for those wanting to get into the business of buying and selling houses. “If you really want wealth, real estate is the final frontier where the average person can really make that type of thing happen.” – Matt Theriault On Today’s Episode of Flip Talk: Matt Theriault’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Matt Theriault: Rate, Review, Learn, and Share Join us every Wednesday for a brand-new episode of the Flip Talk podcast. Flip Talk is your show to learn all about the ins, outs, and in-betweens on real estate investing and house flipping. Email your questions to Topics [at] FlipTalk [dot] com. Subscribe to the show and share your thoughts by leaving us a review on iTunes, Facebook, or visit our website.
May 7, 2018 • 37min
Week 13- Raising Private Money
When you’re just starting your real estate investing journey, one of the most critical factors you should consider is how you plan to finance your projects. Deciding whether to use hard money lenders or JV partnerships to raise private money to fund your projects is often one of the most challenging decisions you will need to make. On today’s episode, Don and Ryan share how they raised money to fund their first projects and the lessons they have learned from these experiences. They share strategies to consider when determining which fund-raising method is right for your business, the difference between using hard money lenders and JV partnerships as well as the benefits associated with each strategy. They also explain the importance of building a reputation based on trust and how it impacts your ability to raise private capitol. “The property is the collateral - you are the security.” - Ryan Scialabba This Week on FlipTalk’s Rookie Play Book: Key Takeaways: 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 and visit our website for even more content, information, and resources about real estate investing.
May 2, 2018 • 47min
Strategies for Raising Private Capital with Tom Cafarella
Tom Cafarella is a speaker, real estate investor, and the proud owner of Ocean City Development, a real estate company that focuses on meeting their clients’ needs first. The company buys, renovates, and resells properties in the Boston area. Prior to becoming a successful real estate investor, Tom was studying medicine to become a doctor, a profession he chose because he thought it was the most lucrative at the time. His mindset changed when he read Robert Kiyosaki’s “Rich Dad, Poor Dad” and has since found the allure of being the boss of his own real estate company too good to pass up. Today, Tom shares how he runs his business and the strategies he implores to make being a business owner much more manageable. He describes how he made money during the Crash of 2008 and his biggest regret during that time. He explains the importance of working smart as a business owner, having the right tools, and how hiring the right VA can help your company grow. He also shares his favorite tools as well as tips for those wanting to get started in the real estate industry. “In a market like today, offering super low makes you unlikely to do a deal.” – Tom Cafarella On Today’s Episode of Flip Talk: Tom Cafarella’s Tips for Getting into Real Estate Investing: Resources Mentioned: Connect with Tom Cafarella: Rate, Review, Learn, and Share Join us every Wednesday for a brand-new episode of the Flip Talk podcast. Flip Talk is your show to learn all about the ins, outs, and in-betweens on real estate investing and house flipping. Email your questions to Topics [at] FlipTalk [dot] com. Subscribe to the show and share your thoughts by leaving us a review on iTunes, Facebook, or visit our website.
