From being a newbie investor to making things happen, Steven Williams (a.k.a. my “bro-ski”) is back to share his house flipping journey!  He shares the emotional roller coaster that comes from following your dreams and talks about the rough road of a beginner house flipper.

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?

• Steven shares the methods he used to build his own network for his house flipping business
• He updates us on what transpired after his last coaching call, including the ups and downs
• Direct mail does work!  Steven shares how he uses traditional direct mail marketing in his business
• Steven's techniques for closing a deal
• The importance of group support when you build a business
• Steven's experience with seminars and the importance of paying attention to your mentors
• How to build websites to generate leads and attract buyers
• A more efficient way to create and use bandit signs
• Steven's great story about the “Old Lady Deal”
• Working with people is great, but you need to know who you are hiring.  Steven shares his experience working with others and building a team.

Some of the quotes that you can tweet:

• “It all comes down to work ethics” – Steven Williams
• “You have to persist and push these things to make it work” – Steven Williams
• “50% of something, is a whole lot more than 100% of nothing” – Ward Hanigan
• “You don’t need to worry about details, unless there is something to worry about” – Justin Williams

Click here to Read and Download the Transcript for Episode 40

• Steven Williams' email: [email protected]
• Steven Williams' website (www.pointghs.com)
• Click2mail
• www.dirtcheapsigns.com
• www.zillow.com
• SignStapler.com
• Ward Hanigan's Real Estate Forum

Many thanks to our sponsor, Yellowletters.com. Use the offer code “HFHQ” for 10% off your first order!

Join our webinar. Thursday, May 15, 2014 at 6PM (Pacific)/9PM (Eastern). Learn how to rehab and flip houses and ask question to the flipping master himself Justin Williams.

Also learn more about our House Flipping Mastermind group and ask Justin any question you have about house flipping process. Join now by clicking the link below:

houseflippinghq.com/workshop

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them.

The post HFHQ 40: Steven Williams' Journey towards House Flipping Success appeared first on House Flipping HQ.

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On this, the second part of our interview with Joe McCall, he shares his real life experiences in his real estate business.  In last week's episode he discussed on how build a team, and this week he shares the role of each member.  Joe also identifies the steps to close a deal. Find out more in this episode.

Have any questions for Joe or myself? 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?

Joe McCall breaks down the digits!

• Joe tells us why he used the traditional method of sending letters and postcards
• He shares the story that defined his career path in real estate investing
• Why he created a podcast and training course
• The importance of follow up
• Joe shares why following up a lead is so important and why it should be in your system
• His marketing strategy, and who in his team handles it
• How his engineering profession works to his advantage
• How real estate gurus helped him learn
• Joe reveals new discoveries and strategies to run a business, including increasing earnings and effective marketing
• The basic do’s and don’ts in real estate

Some of the quotes that you can tweet:

• “You have to treat this as a business, its not a hobby” – Joe McCall
• “You have to keep the momentum going, Its like a giant snowball — its hard to push it at first, but once it get going its hard to stop” – Joe McCall
• “This business is all about networking relationships” – Joe McCall
• “Work like mad to get that deal — Dont let anybody tell you that you can't” – Joe McCall
• “You got to invest something to make something” – Joe McCall

Click here to Read and Download the Transcript for Episode 39

• Joe McCall's Podcast ( www.realestateinvestingmastery.com )
• Joe McCall's Website ( www.joemccall.com )
• www.stlouiscashflowdeals.com 
• Rich Dad, Poor Dad.
• Odesk.com
• Internet Business Mastery's Podcast
• www.virtualstafffinder.com
• www.slydial.com
• Wendy Patton's website ( www.wendypatton.com )
• Multiple Stream of Income: Nothing Down Real Estate
• www.podio.com
• www.vumber.com

Many thanks to our sponsor, Yellowletters.com. Use the offer code “HFHQ” for 10% off your first order!

Priceless smile from Brogan

I won this award when Brogan had his first pinewood derby last Wednesday. I saw an opportunity to teach my son the value of failure. 

In our life we will make mistakes and that's when we learn.  You may be disappointed, but this is how we learn.

Join our webinar. Thursday, May 15, 2014 at 6PM (Pacific)/9PM (Eastern). Learn how to rehab and flip houses and ask question to the flipping master himself Justin Williams.

Also learn more about our House Flipping Mastermind group and ask Justin any question you have about house flipping process. Join now by clicking the link below:

houseflippinghq.com/workshop

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them.

The post HFHQ 39: Joe McCall's Amazing House Flipping Systems – Part 2 appeared first on House Flipping HQ.

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

Get to know Joe McCall, in part one of this interview. A great investor, podcast host and a real estate entrepreneur. Learn how he got where he is and the path he took. Joe shares each step on how he runs his system and the procedure to close deals. Learn Joe's keys to success in investing — proper delegation and a systematic process can go a long way.  Find out how he does it in today episode.

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?

Join today's webinar.  Thursday, April 24, 2014 at 6PM (Pacific)/9PM (Eastern). Learn how to rehab and flip houses from the flipping master himself Justin Williams.

Also learn more about our House Flipping Mastermind group and ask Justin any question you have about houseflipping process.  Save your spot now and sign up by clicking the link below:

houseflippinghq.com/workshop

On this episode, Joe McCall shares the details on how to organize your system.

• Joe shares the foundation of success in the business.
• In every success story there is a struggle. He shares how he deals with downfalls to be able to reach the top.
• Joe is a great student.
  • Follow your mentor. Do as they say. Create imple rules to follow and your system would work.
• How he uses the “Time Block System”
• He shares how to be consistent and maintain your momentum in real estate
• He reveals his delegation system.
  • Joe shares how he delegates his work and how to find the right team to handle a specific task. Because of this he works 5 hours a week, even earning on vacation.

Some of the quotes that you can tweet:

• “Marketing is the foundation of the business” – Joe McCall
• “Sometimes we don’t have things, because we don’t ask for it” – Joe McCall
• “If you would do everything, nothing will get done” – Joe McCall
• “A business is not an overnight success”– Justin Williams
• “Be creative; think about how to do this win-win situation on your real estate business”– Justin Williams
• “No lead left behind…Nothing falls to the cracks” – Todd Toback
• “You have to know what your good at and what you are not good at” – Joe McCall

Click here to Read and Download the Transcript for Episode 38

• Joe McCall's Podcast ( www.realestateinvestingmastery.com )
• Joe McCall's Website ( www.joemccall.com )
• www.stlouiscashflowdeals.com 
• Rich Dad, Poor Dad.
• Odesk.com
• Internet Business Mastery's Podcast
• www.virtualstafffinder.com
• www.slydial.com
• Wendy Patton's website ( www.wendypatton.com )
• Multiple Stream of Income: Nothing Down Real Estate
• www.podio.com
• www.vumber.com
• Yellow Letters (www.yellowletters.com)

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them

The post HFHQ 38: Joe McCall's Amazing House Flipping Systems – Part 1 appeared first on House Flipping HQ.

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

In the second half of our interview with Todd Toback, he shares strategies to build a system to wholesale over 10 houses a month.  He also shares how to motivate yourself and other people. Todd gets deep into the details on how to delegate and make his system work, how to bring out the best in your staff, and make more money.

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?

We will have another House Flipping Webinar on Thursday, April 24, 2014 at 6PM (Pacific)/9PM (Eastern).  Learn how to rehab and flip houses in a right way, know all the systems, strategies and techniques on this business.

Also Learn more about our House Flipping Mastermind group that gives you more tips on how to do this business. Interested? Click on this link to sign up:

houseflippinghq.com/webinar

On this episode Todd shares it all!

• He talks about how to make the most of your profit.
• How to encourage people in a wholesale business.
  •  Todd shares how he motivate his own team to do more in the business and reach their goal without pressuring them.
• He shares  how to make your system work.
  • Having a system is easy but how to execute it? Todd shares the tips and tricks on how to do it.
• He will tell you on how or who you really need to talk to.
• How to control your state of mind.
  • Handling a business is not easy; sometimes we go overboard. Learn how to fight that negative vibe.
• Learn to handle your staff in a situation.
  • Someone needs to take the steering wheel on this business, Todd shares on how he takes over the ship and be the Captain!
• Gratitude is important.
  • He goes deeper on how his Christian values influenced him on his business.
• He digested carefully the level of people on your team.
• Todd reveals his strategy on how to understand your market.

Here are some quotes that you can tweet:

• “Always find a way to make it work” – Justin Williams
• “If you have a goal, you should be laser focused on it” – Todd Toback
• “If your going to follow a guru, do exactly as they said, don't twist something and just shut your ears” – Todd Toback
• “Let your Idols become your Rivals” – Todd Toback
• “Always Guard your ears and your thoughts” – Todd Toback

Click here to Read and Download the Transcript for Episode 37

• Todd Toback's website
• www.nolimitsrealestateinvesting.com
• No limits Real Estate Investing Podcast
• Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth by Robert G. Allen
• Axiom: Powerful Leadership Proverbs
• Yellow Letters (www.yellowletters.com)
• Justin's Assistant, Vanessa: [email protected]
• Justin's biggerpockets Thead: 150 Flips in 2014!

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

The post HFHQ 37: Building a System for Wholesaling with Todd Toback – Part 2 appeared first on House Flipping HQ.

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Being a Wholesaler can challenging — why do some people earn and you don't? On this episode Todd Toback shares how he start to venture in the real estate world, how he ended up being a wholesaler. Find out more about his tips, strategies and systems to make your wholesaling business grow, Everyone can start a business, you just need to find the right system.

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?

We will have another House Flipping Webinar on Thursday, April 10, 2014 at 6PM 

(Pacific)/9PM (Eastern). This time I will be focusing on estimating repairs and sharing tips on this vital skill for new investors.

Also, learn more about the “Fail Forward Fast” coaching program and the amazing House Flipping Mastermind group that is doing incredible things.  Click on this link to sign up:

houseflippinghq.com/webinar

In this episode we cover:

• How Todd Toback became a wholesaler.
  •  Todd shares his life before he became a wholesaler and the struggles he went through to get where he is.
• What motivated him to quit his job and focus on real estate.
• Todd Toback's unique marketing strategy
• How Todd maintains great relationships with his sellers.
• The importance of spending your money and energy on the right marketing system.
  • The Who, What, Where and Hows on how to start your own system.
• Todd's specific direct mail strategies
• Guidelines on building your own wholesaling system

Here are some quotes that you can tweet:

• “The way to find an estate owner is to send out mail to the estate owners.” – Todd Toback
• “You should be very selective on where you focus your time.” – Justin Williams
• “If there is something that you have to do, give the idea to somebody else and focus on it later.”– Todd Toback
• “The more sellers that you talk to the more money you are making” – Todd Toback
• “You can never teach someone … not until you've done it” – Justin Williams
• “The important thing is understanding sellers, understanding people and connecting on a deep level relationship” – Todd Toback

Click here to Read and Download the Transcript for Episode 36

• Todd Toback's website
• www.nolimitsrealestateinvesting.com
• Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth by Robert G. Allen
• No Excuses!: The Power of Self-Discipline by Brian Tracy
• Yellow Letters (www.yellowletters.com)

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

The post HFHQ 36: Building a System for Wholesaling with Todd Toback – Part 1 appeared first on House Flipping HQ.

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

Today you get to climb inside my brain as I share with you a “baker's dozen” of traits that are shared by those who are successful, both in house flipping or any endeavor.  These are the traits that I consistently see in people who are successful, and if you follow these tips, then I have complete faith that you will succeed at whatever you undertake!

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?

A shout out to Salem, a member of the House Flipping Mastermind who visited me in Southern California.  He is definitely on fire and is killing it!  I can't wait to see how his business progresses. Thanks for meeting up Salem!

Get your FREE Gift!

If you aren't on our newsletter, be sure to subscribe.  We have some great giveaways for those who sign up, and you are also on the list to get the latest and best information about House Flipping HQ, including some special information that only goes out to people on the newsletter.

We will be taking down a lot of the freebies so get them while you can.  Here is a list of what you can get:

• Top 6 Methods for Buying Houses in Today's Market
• Deal Analysis Techniques to Ensure Killer Profit
• Property Review Criteria
• Trustee Sale Secrets Revealed
• Rehab Pricing List
• Property Checklist

Subscribe by clicking here.

We will have another House Flipping Webinar on Thursday, April 10, 2014 at 6PM (Pacific)/9PM (Eastern). This time I will be focusing on estimating repairs and sharing tips on this vital skill for new investors.

Also, learn more about the “Fail Forward Fast” coaching program and the amazing House Flipping Mastermind group that is doing incredible things.  Click on this link to sign up:

houseflippinghq.com/webinar

In this episode we cover the top traits of successful house flippers, real estate investors, entrepreneurs and business people.

1. They get Educated
   1. You need to learn your craft.
   2. Sources of Education: podcasts, websites, books, seminars, mentors
2. They are Focused
   1. Don't get distracted by shiny objects.
3. They take (MASSIVE) Action
   1. Pick a plan, stick with it and go for it!
   2. Pick actions that generate income rather than “busy work”
   3. You can learn a ton by doing.
4. They Find a Way to make things work
   1. Don't be a “yeah but'er”
   2. Find what works for you and apply those things that make sense
   3. Teach yourself to look for things that will work for you, rather than focus on the things that won't work for you.
5. They Work Hard
   1. You have to put in the time and hard work to get success
   2. If you know how to do the work, you can build the right system
6. They are Decisive
   1. Don't take too long on the small decisions
   2. Do your due diligence and be smart, but don't sweat the small stuff
7. They Understand Risk
   1. Your job is to minimize and mitigate risk, not to be overcome by fear
   2. Don't “what if” yourself to death
8. They Accept Failure
   1. Look at failure as an opportunity to learn – be grateful for it.
   2. Your ability to overcome failure determines your success in business
   3. Every day put on your “problem solving hat” – make it your job to solve problems
9. They Use Systems
   1. Focus on the daily actions that will get you to your goals, but don't focus as much on the goal
   2. If you have systems in place, they will move forward regardless of your motivation
10. They Use Leverage
    1. Know what your time is worth and leverage the power of other people, capital and systems to help you take action
    2. Utilize other people so that you are free to build your business, instead of have your business run you
    3. Know the highest and best use of your time.  Where should your time be spent?
11. They are Consistent
    1. Each day wake up and get to work
    2. Motivation can be a part of your daily life, but consistency breeds success
12. They Surround themselves with the Right People
    1. Utilize the power of a mastermind
    2. Mastermind groups can be in person, online or on the phone
13. They Believe in Themselves
    1. You can do it!
    2. Believe in yourself beyond what other people say or try to convince you of
    3. Most of the time if you ask someone what they think of something you are doing they will give you a negative response

Click a quote to tweet it!

• “You've got to learn your craft” ~ Justin Williams
• “There are a million ways to make a million dollars, but if you focus on all of them (or even a few of them) at one time, you're never going to make them happen” ~ Justin Williams
• “Think less.  Do more.” ~ Justin Williams
• “Take the action that will generate revenue” ~ Justin Williams
• “Teach yourself to look for things that will work for you, rather than focus on the things that won't work for you” ~ Justin Williams
• “Opportunity is missed by most people because it is dressed in overalls and looks like hard work” ~ Thomas Edison
• “Sometimes you just have to make a decision and move forward” ~ Justin Williams
• “Doing nothing is guaranteeing you for failure” ~ Justin Williams
• “Being a successful business person is more about how you react and respond to failures, and how you manage your own internal emotions, than it is just about anything else” ~ Justin Williams
• “Failure is an opportunity to learn” ~ Justin Williams
• “Your systems are more important than your goal” ~ Justin Williams
• “Understand the power of leveraging other people” ~ Justin Williams
• “Consistent daily actions will trump momentary motivation every time” ~ Justin Williams
• “If there is someone else who is successful at something, then you can be too” ~ Justin Williams

Click here to Read and Download the Transcript for Episode 35

• The E-Myth
• Think and Grow Rich
• Tony Alvarez

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

The post HFHQ 35: A (Baker's) Dozen Traits of Successful Flippers, Investors and Entrepreneurs appeared first on House Flipping HQ.

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

Scott and Holly McKhann join us on today's podcast episode where they share amazing information about how they run their house flipping business.  From land title deals to the amazing way they are able to acquire deals through just networking, this is an episode you will get a LOT of value out of!

Have any questions for Scott, Holly or I? 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?

Today's webinar is going to be like none other we've had before.  You definitely don't want to miss some of this exclusive content that we'll be sharing with the attendees about analyzing properties.

Join us by clicking on the link below and be ready to learn a ton about house flipping today, March 27, 2014 at 12 noon (Pacific) / 3PM (Eastern).

houseflippinghq.com/webinar

If you missed the webinar, just click on the link above and you can register for the next one!

In this episode we cover:

• Scott and Holly's journey from being a Civil Engineer and CPA to real estate investing
  • Scott's first land-deal came from his work as a Civil Engineer with home builders which allowed him to quit his job
  • Their first efforts with condo conversions in Texas and then house flipping in California starting in 2008
• A quick introduction to how land deals work and current market trends
  • The difference between a land title deal and building a house on a plot of land
• The methods Holly and Scott used to find and buy properties in the past few years
  • Networking with realtors (Holly is the “networking queen”)
  • The courthouse steps (but not in the last couple years)
• How Holly, the “networking queen”, develops her relationships through networking, which is how they currently find most of their deals
  • How to develop relationships and the most important things to keep in mind
  • A role-playing session on how to develop relationships
• Scott and Holly's process for running a rehab project and how they deal with contractors
• The McKhann's methods for financing their deals
• Why Holly is going to get her real estate license
• Scott and Holly's advice and thoughts on working with your spouse
• Scott and Holly's recommendations to those people first starting out on their house flipping journey

Click a quote to tweet it!

• “Thankfully we've had more ups than downs” ~ Holly McKhann
• “Deals don't just come find you.  You have to get out, meet people and talk to them” ~ Justin Williams
• “I've met a lot of real estate people and a lot of them don't have good people skills” ~ Holly McKhann
• “If the agent already knows all that stuff, they're probably already working with another investor” ~ Scott McKhann
• “Know your buyer and know the neighborhood, and get feedback from the locals who know” ~ Holly McKhann
• “Try to partner up with someone who's already in the business” ~ Scott McKhann
• “Its really hard to do a deal with only your own money” ~ Holly McKhann

Click here to Read and Download the Transcript for Episode 34

• Holly's Phone: 951-836-2000 or send an email to [email protected]
• Star Legacy Homes on Facebook
• Tony Alvarez (www.tonyalvarez.com)
• Bruce Norris and the Norris Group (www.thenorrisgroup.com)
• Business Networking International
• Kristi Cirtwill
• “How to Win Friends and Influence People” by Dale Carnegie

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

The post HFHQ 34: Deal Acquisitions through Networking with Scott and Holly McKhann appeared first on House Flipping HQ.

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Today we are joined by Sabrina Gaunce, the Assistant and right-hand-person for Tony Alvarez, one of the most successful house flippers out there.  We discuss her amazing methods for creating relationships with real estate agents, city officials, inspectors and more!  Plus, a great role-playing phone call and details on how she spends her day.

Have any questions for Sabrina or I? 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?

Our next house flipping webinar will be Thursday, March 27, 2014 at 12 noon (Pacific) / 3PM (Eastern). Click on this link below to sign up!

Learn how Justin runs his house flipping business, how to connect with other budding house flippers, and ask Justin ANY questions you have about real estate investing and house flipping!

houseflippinghq.com/webinar.

In this episode we cover:

• Sabrina's early beginning as a leasing consultant and how she met Tony Alvarez
• Tony's process for training Sabrina as his house flipping assistant
• For the first few years she followed his system and helped manage dozens of rental properties
  • They currently have 140 – 200 rental properties
• Tony's buying cycle: 1998 he bought a lot of properties, and sold in 2005 and made over 10 million.
• Tony and Sabrina's method for connecting with agents and buying properties
  • How she speaks to 5 new agents and 5 known agents every day to build and establish relationships.
  • PLUS! ~ A phone call role play between Sabrina and an agent.
  • An analysis of the phone call and different ways it could have gone.
  • How to develop relationships with agents
• Sabrina's current Direct Mail approach and the lists they target.
• How Sabrina builds relationships with the city so that she gets calls on property availability
• Sabrina's routine and what she does each day
• How Sabrina uses Craigs List to find deals
• Information on Tony's class “Beyond Flipping” on March 22, 2014 where Justin will be speaking

Click a quote to tweet it!

• “I'm happy to be the person in the background” ~ Sabrina Gaunce
• “We sell just enough to pay the bills and keep everything else” ~ Sabrina Gaunce
• “Agents are not something you have to find.  It is a relationship you have to create and build” ~ Justin Williams
• “Don't waste a phone call” ~ Sabrina Gaunce
• “If an agent brings us a deal, we always give them the option to help us sell the property” ~ Sabrina Gaunce
• “Just stop thinking about it and start doing it” ~ Sabrina Gaunce
• “It's not easy.  It's not like you pick up the phone and the first agent starts shooting you deals” ~ Sabrina Gaunce
• “Acquisitions is a full time job” ~ Justin Williams

Click here to Read and Download the Transcript for Episode 33

• Blog: How I turned 2 weeks of buying frustration into 3 houses in a single day!
• Blog: Behind-the-scenes of Buying 3 Houses in 1 Day: Part 1 – The Morning Deal
• Evergreen Properties
• Tony Alvarez:  The REO Mentor (www.tonyalvarez.com)
• Anchor Loans (Robert Fragoso)

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

The post HFHQ 33: Sabrina Gaunce and the Power of Developing Relationships appeared first on House Flipping HQ.

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Mike Simmons, from Just Start Real Estate, joins us and helps us understand the best way (or at least his best way) to get started as a new real estate investor and house flipper.  He really breaks it down and provides step-by-step processes you can follow to get started today!

Have any questions for Mike or I? 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?

In this episode we cover:

• Mike's background with real estate starting in 2002 and why it took him 6 years to take action.
• The things you need to do when you first start with real estate.  (Take MASSIVE ACTION)
  • Commit the time to getting out there and start networking at REIAs
    • Tips to be a good networker
      • Dress nicely when you attend events
      • Smile and be presentable
      • Take action!  It will make it easier to talk to people and have them talk to you
    • Be mindful of who you tell — keep away from the negative influences
    • If you do tell people, you don't need to listen to their opinion
    • Give yourself time to get to know people
    • Be uncomfortable! It means you are going in the right direction.
  • Find an agent to help you start generating leads
    • Its not necessary to get your real estate license
    • Interview realtors and find out what they are able to do for you.
    • They should send you qualified leads that you care about.
    • You have to give them good, specific information about what you're looking for
    • Mike's method for getting in touch with realtors
      • Went on realtor.com and looked for properties that fit the criteria
      • Find the realtors that show up on the type of houses that you are looking for
      • Interview the realtors until you find the best fit
    • Treat your realtor with respect
    • You don't need to get in to detail about your business — just about what you're looking for
  • Make a short list of good contractors
    • One method: put an ad on Craigslist (with criteria) and provide a “new” email
    • Walk through a property with them together and get quotes based on what you want to do
    • You learn about rehabbing from contractors
    • The bids will give you an idea of the cost for rehabbing houses
  • Make offers based on the listings your realtor has been sending you (which meet your criteria)
    • You need to educate your realtor on calculating After Repair Value (ARV)
    • Go in to the listings for comparables and see what the houses look like
    • One possible formula: ARV * 0.7 – rehab = Offer
    • There are a lot of methods for finding a proof of funds (POF)
  • Get your financing taken care of
    • This is where you take advantage of those networks you have been building
    • Before you have a house under contract, be sure you have been seeking out financing possibilities
    • Once the house is under contract finding financing should be your full time job
  • Focus on direct mail when you have made some progress with your business
• Things you don't need to do Day 1
  • You don't need to start off forming a corporation in the beginning
  • Business cards are not a priority
  • Logo and branding
  • Making t-shirts with your company name
  • Designing a website

Click a quote to tweet it!

• “The name of the game when you're starting out is MASSIVE ACTION.” ~ Mike Simmons
• “You're better off going 100 mph in the wrong direction than just sitting still doing nothing.” ~ Mike Simmons
• “People are attracted to action takers.” ~ Mike Simmons
• “If you are not putting yourself in uncomfortable situations, you are just not trying.” ~ Mike Simmons
• “Getting your realtor's license doesn't necessarily make you an expert in a lot of areas.” ~ Mike Simmons
• “Don't have a list of to do items that aren't going to make you money in this business.” ~ Justin Williams
• “The more detailed you are about the types of houses you want to buy, the less detailed you need to be in what you're going to do with the listings.” ~ Mike Simmons
• “There are a hundred ways to get started in this business.” ~ Mike Simmons
• “You can't wait until you have a deal under contract to figure everything out.” ~ Mike Simmons
• “This game isn't for the real greedy.  You need to be willing to share the wealth” ~ Mike Simmons
• “This is a team sport.” ~ Justin Williams
• “In this business there are a lot of singles, and very few home runs.” ~ Mike Simmons
• “Always be looking for capital” ~ Justin Williams
• “Its a great business, but there are a lot of ways you can screw it up.” ~ Mike Simmons

Click here to Read and Download the Transcript for Episode 32

• Just Start Real Estate website (http://www.juststartrealestate.com)
• JSRE Podcast (http://www.juststartrealestate.com/itunes)
• E-mail Mike Simmons at: [email protected]
• Realtor.com
• How to work with contractors (HFHQ Article by Mike Simmons)
• Working With Private Money Lenders to Get Your House Flipping Deals Funded!

Our next house flipping webinar will be Thursday, March 27, 2014 at 12 noon (Pacific) / 3PM (Eastern). Click on this link below to sign up!

Learn how Justin runs his house flipping business, how to connect with other budding house flippers, and ask Justin ANY questions you have about real estate investing and house flipping!

houseflippinghq.com/webinar.

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

by Mark Moran, Sung to the tune of Beautiful by Christina Aguillera

Everyday you make offers
And suddenly, an ARV
MLS seems forever
It never goes the way you feel

This is flipping and every single day
Properties go away
Frustration but if you don't give up
You will make a buck
And then you'll find a turn of luck

No matter where you steer
No matter what you hear
A deals around the corner you just have to persevere
No matter what you find
There is no peace of mind
When you get a contact to sign that contract and everything is fine

This is flipping and every single day
Properties go away
frustration but if you don't give up
You will make a buck
And then you'll find a turn of luck

Listen close to this podcast
Learn a lot.  All you got.
Read the blog and make some contacts
It's up to you.  HFHQ

The post HFHQ 32: How to Get Started in Real Estate with Mike Simmons appeared first on House Flipping HQ.

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Tim Gordon, a “sophomore” investor has taken incredible action and shares with us how he got his first deal and the struggles he had.  We talk about benchmarks, success and closing deals.  Plus we get in to some details about financing and rehabbing and much more!

Have any questions for Tim or I? 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?

Tonight (March 6, 2014) we will have another House Flipping Webinar at 6PM (Pacific)/9PM (Eastern). Click on this link below to sign up!

This time I'll be focusing heavily on acquisitions!

houseflippinghq.com/webinar.

The winner of the Michael Quarles 1,000 yellow letters give-away is Ed!  Just e-mail Michael at [email protected] to let him know you were the one who won (we have your email on file, so this is how we confirm your identity).

For the rest of you who entered, you can also email [email protected] with the subject line “HFHQ Biz Cards” with your complete name and mailing address and he'll get you the business cards that he mentioned in the podcast episode.  We'll be checking your name against the entries so be sure you actually entered the contest if you send an email!

In this episode we cover:

• Tim's introduction to the potential of real estate investing
• His first experiences with a real estate investment clubs and learning to flip through a 60-day challenge “boot-camp”
  • The specific things Tim did to take action during his 60-day intensive challenge
    • Learn how to comp properties and connect with agents
    • Required you to make over 50 phone calls a week (FSBO, Craigslist, etc.)
    • Trains you to handle rejection
    • Use of Proof of Funds to make offers
    • Required you to make at least 10 offers per week
    • Forces you to make more offers than a normal professional investor makes in a typical year
  • The find whatever you are the most uncomfortable and make sure you learn how to do it.
• Different methods he used to connect with sellers and deals
  • More traditional methods like using the MLS or talking to agents
  • Less traditional methods like going on Craigslist or finding FSBO signs
• Tim's experience with the Flip to Freedom event for wholesalers
• How Tim found his first deal by looking at rental ads on Craigslist
  • Tim's use of $1,250 from his first deal on mailers during Thanksgiving
  • The story of Tim's second deal which forced him to listen and solve problems
• How Tim developed his business during 2013
  • Use of Zoho as a CRM (Customer Relationship Management) system
• Tim's current marketing strategies
  • In the beginning of 2013 Tim was using strictly direct mail
  • Later 40% of deals were through direct mail, 35% were through other wholesalers and 25% were through the MLS.
  • His current focus is on absentee owners although he's done owner-occupants, but hasn't pulled deals yet
  • Using SEO and the web to generate leads
• Tim's next step to build his business by bringing on people to help him automate his systems
• Tim's unique approach to financing through an FHA 203K Loan
  • 3.5% down payment
  • Requires occupancy in one unit for at least a year
  • 203K means the property requires repairs which are amortized over 30 years
  • From single-family to a four-unit property
• How Tim's full time job gives him access to great financing

Click a quote to tweet it!

• “What gets measured gets done” ~ Justin Williams
• “I don't need to reinvent the wheel.  I just need to do consistent marketing on a monthly basis, no matter what the results are.” ~ Tim Gordon
• “I need to have systems in place to track and monitor my leads” ~ Tim Gordon
• “You have to invest to get the results” ~ Tim Gordon
• “You've got to get your hands dirty” ~ Justin Williams
• “Everything I was doing when I didn't have deals was preparing me for when I did” ~ Tim Gordon
• “Once you label yourself as a problem solver, you aren't surprised when problems come up” ~ Justin Williams
• “Reverse engineer the deal to find out who it's best for, and then go find them.” ~ Tim Gordon
• “Once you add value, you get paid” ~ Tim Gordon

Click here to Read and Download the Transcript for Episode 31

• Bigger Pockets
• Bill Tan's San Diego Creative Investor's Association
• InvestClub for Women
• Flip2Freedom with Sean Terry
• Zoho.com
• Danny Fitzpatrick with Wells Fargo in San Diego
• Tim's Email: [email protected]
• Facebook (facebook.com/timgordon)

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 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 it’s contents, please post them in the comments area below and I’ll be happy to answer them!

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The post HFHQ 31: Tim Gordon the Action-Taking Sophomore House Flipper appeared first on House Flipping HQ.

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