7 Figure Flipping with Bill Allen

[371] How Justin Smith Wholesaled His FIRST House (Full Breakdown)


Listen Later

What does it take to do your FIRST deal?


Here’s how one guy did it (listen to this episode for the whole breakdown).


Justin Smith is a project manager for the Army Corps of Engineers.


A year ago, he had never flipped or wholesaled a house.


But he wanted to get into it.


He came to Flip Hacking LIVE last October and joined the 7 Figure Runway group.


And a few months later, after a lot of crazy ups and downs (which he’ll tell you about), he ended up with his first check for $9,500.


So what really happened?


How did Justin go from “newbie” to now having his first deal closed and several more under contract?


In this episode, he shares the whole story…


  • How he balanced real estate with his full-time job…
  • The marketing channel he chose to start with (and why)…
  • The first lists he pulled…
  • How he split up his marketing drops…
  • How many calls he was getting per week…
  • What happened on his first appointment…
  • How he negotiated with the seller (and mistakes he made)…
  • What happened when his first offer got accepted…
  • How he found a buyer (and what went wrong)…
  • How he got the seller to accept $32,000 less…


And more. Listen in here!


Links and Resources


On his way to his first wholesale deal, Justin says there were multiple times he would have given up if not for the support, advice, and encouragement he got inside the 7 Figure Runway group. We’re opening the doors to 7 Figure Runway again at Flip Hacking LIVE in October.


If you’re ready to dive into flipping and wholesaling, and you want to follow a proven path and surround yourself with other real estate investors who have already “figured it out," you can apply to get on the waitlist for 7 Figure Runway here...


- CLICK HERE: 7FigureRunway.com


For the first time ever, Flip Hacking LIVE is going VIRTUAL. We’re bringing this event to YOU, right in your home! And it’s going to be incredible. But spots are limited… hit the link below to get your ticket to Flip Hacking LIVE today!


- CLICK HERE: FlipHackingLIVE.com


I'm going to give you an exact blueprint to follow to raise hundreds of thousands of dollars in private funding for your real estate business over the next 30 days. I asked myself, "If I could go back 5 years and teach myself everything I wish I had known about private funding back when I was first getting started, how would I do it? That's where the 30 Days to $500k Challenge came from... learn more at the link below!


- CLICK HERE: 500kChallenge.com


Follow the 7-Day Flip series on YouTube! Can Tyler Jensen and his team flip 4 houses in 7 days? (Start to finish, full renovations.) Time will tell... We'll be releasing a new episode every week till the end. Subscribe to the 7 Figure Flipping YouTube channel to get future episodes as they're released!


- CLICK HERE: Subscribe on YouTube!


====================


Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...


Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe


7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listen


Facebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/


7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

7 Figure Flipping with Bill AllenBy Bill Allen

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

440 ratings


More shows like 7 Figure Flipping with Bill Allen

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

714 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,796 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

401 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

992 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

831 Listeners

Wholesaling Inc with Brent Daniels by Find distressed properties for pennies on the dollar and turn them for huge profits!

Wholesaling Inc with Brent Daniels

1,359 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,413 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

608 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,837 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

321 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,129 Listeners

On The Market by BiggerPockets

On The Market

898 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

840 Listeners

The David Greene Show by David Greene

The David Greene Show

691 Listeners