7 Figure Flipping

In yesterday’s episode, I talked about just making it happen… and about how the people who work hard in any market are the ones who are successful.

Today, I want to talk about process.

To succeed in business, you need to have a rock-solid process for how you do everything… and this is especially true if you’re a real estate investor.

But it turns out this is actually the part most investors get wrong.  I want to change that.

Let’s dive in…

A few takeaways from today’s episode.

• What the 3 P’s are and why they’re important for investors…
• Why real estate is kind of like cheating when it comes to figuring out the 3 P’s…
• The two areas where many real estate investors do NOT succeed, and what they get wrong…
• Why you need to be able to explain your process quickly and simply…
• An example of a business that was failing due to lack of process… and how process turned it around…
• The value of seeing the exact process used by someone who’s “made it” in your industry…

• I have another question I need your help with today… I’m going to be doing a 3-day seminar this year, in October. I’m going to hold this seminar in either San Diego or Orange County, CA.   My question is, which of those two locations would work better for you? Send me an email at [email protected] and let me know!

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 115: Why Your PROCESS Matters (It’s the Part Most Investors Get Wrong) appeared first on House Flipping HQ.

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Hey guys!  I have a hard time relaxing when I’m on my own… so I decided to record some thoughts!

Last week, we held an awesome master class with Dave Payerchin on flipping rentals properties using a turnkey model.  And it struck me in that call that Dave is an example of someone who just makes it happen…

His entire strategy, for example, is built around finding a way to make a deal work, even if it doesn’t seem like the numbers make sense at first glance.

No matter what market changes come along, no matter what new rules or laws are enacted, there will always be investors making money in real estate.

If you want to be one of them, you just have to find a way to make it happen!

A few takeaways from today’s episode.

• What really stood out to me from the live call we had with Dave Payerchin…
• My reply when people ask me whether “real estate” is going to continue to be a good business opportunity…
• Why some people will always be able to make it work, no matter what happens…
• Why real estate has always taken hard work…
• Some of the plans I have for House Flipping HQ and the podcast over the coming weeks…

• We're going to be opening the doors to House Flipping Formula again in the near future… and I have an important question for you.  What would YOU like to see in your “ideal” house flipping training program?  We're always making House Flipping Formula better and better, and I want to hear from you what you'd like to learn or have included in the program!  Send me an email at [email protected] and let me know your thoughts.  Thanks!

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 114: Make It Happen (Or Don’t… It’s Up to You) appeared first on House Flipping HQ.

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Hope you’ve had an incredible past couple weeks!  We just finished up our first 7 Figure Flipping event… and it was amazing!

I’m going to share a few stories and takeaways from that event… plus a bit about what’s been on my mind lately, and why following your heart is super important!

A few takeaways from today’s episode.

• A few of the stories from the 7 Figure Flipping event…
• Why I’m sometimes reluctant to teach family and friends how to do this business…
• The law and the power of association… and how being around the right people can completely change you…
• Why knowing your KPIs is so important…
• Why Brett and Laura now feel like their million-dollar goal is “too small…”
• The thoughts and concerns that went through my head before creating the 7 Figure Flipping group…
• Why letting go of false beliefs and letting go of our fears of what other people will think of us is so important…
• Follow your heart… follow your gut… follow your instincts…
• Some of the awesome stuff we have in store for 7 Figure Flipping members in the near future!

• If you’re interested in learning more about 7 Figure Flipping, head over to 7FigureFlipping.com!

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 113: Follow Your Heart: 7 Figure Flipping Meeting Recap! appeared first on House Flipping HQ.

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Tara and I are on our way to Boise, Idaho, for a marketing mastermind meeting… and we have something awesome to share with you!

Today's episode is short and sweet. I recently got an email from someone that really touched me and I want to share it , because I think it might resonate with many of our listeners!

A few takeaways from today’s episode.

• What it's like when you get hit with the realization that “life should be better than this…”
• Why investing in yourself is so important…
• How limiting beliefs can block you from achieving what you want…
• What can happen when you choose to ignore your limiting beliefs…
• What you need to ask yourself about your “excuses…”
• What Chance did to overcome the excuses he thought were valid…

If you haven’t checked out my free, 4-part video training course on how to get started flipping houses, now is a great time to do so!  Click here to sign up and start watching… and get ready to take your house flipping business to the next level!

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 112: Your Excuses Are NOT Valid (And Here's Why…) appeared first on House Flipping HQ.

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In today’s episode, I interview Mike Simmons and Mike Cowper, two business partners currently crushing it wholesaling houses in Michigan!

Mike and Mike are members of the 7 Figure Flipping program… and they have some HUGE goals for 2016.  It looks like they’re going to give Brett and Laura a run for their money in the race to see who reaches a 7-figure income first!

Many of you know Mike Simmons, who has been on the podcast before.  Mike Cowper is fairly new to this business, yet he’s already made a name for himself… and the story of how he ended up partnering with Mike Simmons is seriously cool!

These two have a TON of valuable insights and experience to share.  Listen in!

A few takeaways from today’s episode.

• Mike Simmons and Mike Cowper’s backgrounds…
• How Mike Simmons transitioned from rehabbing over to a focus on wholesaling…
• Mike Cowper’s stat working with Mike Simmons in an acquisitions role… and his crazy success closing deals…
• How Mike Cowper made himself indispensable working with Mike Simmons… and how they ended up partnering…
• How Mike Simmons trained Mike Cowper to take over acquisitions and much more…
  The 3 stages of entrepreneurship…
• Mike and Mike’s numbers for 2015…
• Why Mike Simmons jumped into 7 Figure Flipping as quickly as possible…
• The key things Mike and Mike are doing differently this year to reach a 7-figure income…
• The importance of doing consistent, persistent work to make it happen…

• Mike Simmons and Mike Cowper are members of the 7 Figure Flipping program, which means Andy and I are mentoring them one-on-one!  This is a very selective program, but if you’d like to learn more about it and see if it might be a good fit for you, head over to 7FigureFlipping.com.
• Mike Simmons is the man behind the Just Start Real Estate podcast, which you can check out at JustStartRealEstate.com!
• Mike and Mike also asked me to include their email addresses here in the shownotes.  If you'd like to contact them, you can reach Mike Simmons at [email protected] and Mike Cowper at [email protected]!

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 111: Why You Need to “Think Bigger:” Interview With Mike Simmons and Mike Cowper appeared first on House Flipping HQ.

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Happy New Year, house flipping nation!  

I’ve put together a special bonus episode for you today… and we’ve got a lot of ground to cover, so let’s get right to it!

I want to share with you 7 things you need to do this year if you want to make 2016 your best year ever… and, I want to look back on 2015 and share what happened… what we got wrong, what we got right, how many deals we did, mistakes we made, and everything else!

Plus, I’m going to be giving a few shoutouts to listeners who sent me their goals for 2016.  Accountability is huge, and we’re going to be holding these people accountable!  

Let’s dive in and start 2016 off with a bang!

A few takeaways from today’s episode.

• What we accomplished in our house flipping business this year…
• The number of deals we did, and the number of states we bought houses in…
• What I would do differently if I could do 2015 over again… and what I’m going to change for 2016…
• How joining and learning from two high-end coaching programs this year has changed my life…
• What gets me most excited about the new year and the future in general…
• The opportunity to work with O.U.R. this year and the awesome way the House Flipping HQ community has come together to help fund the work they’re doing to rescue children in slavery around the world…
• 7 the things you need to do to succeed…
• Why “nailing” it is so much harder than “scaling” it…
• The number one way to find success in real estate investing or any aspect of your life…
• Why it’s important to focus and do less rather than more…
• Shout outs to those who have shared their goals for 2016…
• And a whole lot more!

• If you haven’t checked out my free, 4-part video training course on how to get started flipping houses, now is a great time to do so!  Click here to sign up and start watching… and be ready to start your house flipping business as the new year begins!

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 110: Happy New Year! Do These 7 THINGS to Make 2016 Your Best Year Ever appeared first on House Flipping HQ.

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Hey everyone!  Hope you’re ready to ring in the new year… 2016 is going to be your best year yet!  

In today’s episode, I interview Brett and Laura Chotkevys, a husband-and-wife house flipping team making deals happen here in Southern California!

Brett and Laura haven’t been in this business all that long… just a few years… but they’ve already had some incredible success.  And they just recently joined the 7 Figure Flipping program with the goal of making 2016 their first 7-figure income year!

They have some awesome insights to share in this interview… check it out!

A few takeaways from today’s episode.

• How Brett and Laura met…
• How they rehabbed their first home on their own over a year and a half…
• How they “failed fast” when first getting into the business…
• How they did 14 deals in their first year and a half (most of them rehabs) in Southern California…
• The thing Brett and Laura did to push through and succeed even though they felt like giving up at first…
• Why Brett and Laura were looking for a coaching program like the 7 Figure Flipping program…
• Their goals for 2016… and how they’re planning to make $1,000,000 this coming year…
• Their top advice for anyone wanting to achieve success in real estate investing…

• Brett is an avid reader (unlike me, ha ha), and he recommends the books 3 Feet From Gold by Sharon Lechter and Geg Reid, and Think and Grow Rich by Napoleon Hill.
• Brett and Laura are members of the 7 Figure Flipping program, which means Andy and I are mentoring them one-on-one.  This is a very selective program, but if you’d like to learn more about it and see if it might be a good fit for you, head over to 7FigureFlipping.com.

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 109: How Two “Beginners” Did 14 Deals in 18 Months: Interview With Brett and Laura Chotkevys appeared first on House Flipping HQ.

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Merry Christmas… almost!     Hope you’re having a great week and getting ready for the holiday!

Today we have a special guest here to share some VERY unique insights.  Chris was a real estate investor for about 10 years, up until about a year ago, when he started a data analytics and predictive modeling company.

So, uh… what does Chris do, exactly?

In short, he helps high-volume investors find motivated sellers that no one else is able to reach… bringing in more deals with lower marketing costs.  Yep, it’s kind of a big deal!  Enjoy the interview!

A few takeaways from today’s episode.

• Chris’s background as an engineer working for NASA… and how, despite working hard and having several patents by the age of 22, he was dead broke until he got into real estate…
• How Chris’s first couple years of real estate investing went… and the difficulties he faced trying to make it work…
• Why new real estate investors expect to make money right from the start, while most other entrepreneurs don’t expect to be profitable until a couple years in…
• How Chris turned his investing career around, and what he was willing to do that helped him break through to huge success…
• How the market crash forced Chris to figure out other ways to approach marketing…
• How Chris started creating his own specialized tactics for finding motivated sellers…
• How Chris and his team would track down owners of vacant properties…
• How Chris transitioned from investing to helping other investors dig for seller data…
• Why it’s important to treat your business like a business…
• Chris’s number one piece of advice for new real estate investors…

• Chris’s data analytics company is called Audantic, and you can find them at Audantic.com!
• Chris mentioned a great tool for finding potential sellers called Intelius.  Check it out!

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 108: Reaching Motivated Sellers No One Else Can Find: Interview With Chris Richter appeared first on House Flipping HQ.

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Today, I want to share with you a “top secret” conversation I just had with Kale Darling, who started out doing acquisitions and then project management for me.  Okay, it’s not really top secret, but it’s super exciting!  

Kale is going to be moving back to acquisitions… but with a twist.  I met with Kale to discuss some big plans for the new year, and I made him an offer… an offer that could completely change the trajectory of my house flipping business!

A few takeaways from today’s episode.

• My approach to risk management, and the amount of risk that I’m comfortable taking…
• The idea of focusing on wholesaling rather than rehabbing this coming year, and why we’re considering it…
• The reasons why wholesaling is looking like a good option for the next year…
• Some of the different ways our wholesaling business would take shape…
• The “big opportunity” I have for Kale…
• The plan to really dial in and grow Kale’s new role…
• My vision for the future of the company and what it will look like…

• If you haven’t checked out my free, 4-part video training course on how to get started flipping houses, now is a great time to do so!  Click here to sign up and start watching… and be ready to start your house flipping business as the new year begins!

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 107: I’m Making a HUGE Change to My House Flipping Business in 2016 (And Here’s Why…) appeared first on House Flipping HQ.

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Randy Lawrence is one of the most incredible, genuine people I know.  His story is absolutely amazing… and what he’s accomplished in real estate, despite losing everything in the market crash, is astonishing.

Often referred to as the “Real Estate Preacher,” Randy’s insights on life, success, and investing are pure gold.  From the systems he uses to run his business to the exact things he looks at when deciding whether to buy a house, Randy shares a wealth of knowledge in today’s episode.  Enjoy the interview!  

A few takeaways from today’s episode.

• Randy’s story… where he came from what he went through, and how he turned his life around…
• How having the “wrong people” around him throughout his young adult life held him back…
• The 7-unit “wreck” that was his first rehab…
• What happened to his $5 million rental portfolio during the financial crash… and how he got “completely wiped out…”
• Why success can’t be “optional” for you… if it is, you’ll never succeed…
• Why it’s so important to have faith in yourself…
• Randy’s primary acquisition strategies, and how he’s getting houses to buy…
• Why relationships and networking are so important…
• What Randy looks for when deciding whether to buy a house…
• Why the demographics of your buyers pool is important…
• The systems Randy uses in his business, and how those systems have helped him hand off management of all his rehabs…
• The biggest obstacle we face when getting into real estate…

• Randy just launched a new podcast, the Real Estate Preacher!  Check it out!

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 106: Acquisitions, Systems, Deal Analysis, and More: Interview with the “Real Estate Preacher” Randy Lawrence appeared first on House Flipping HQ.

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