7 Figure Flipping

HFHQ 17: Managing Your House Flipping Assistant with Vanessa Feil – Part 2


Listen Later

This is part 2 of my interview with Vanessa Feil, my house flipping assistant.  If you haven't listened to Part 1, be sure to check it out first, as it will help bring clarity and context to what we discuss here.  Click here to listen.

In this episode we discuss the importance of keeping a calendar when you run a house flipping business, Vanessa's day-to-day life in our business and also how to work with and motivate a house flipping assistant to become the best asset you could ever have.

But best of all?  You get to be a fly on our wall as we do our actual 2014 goal setting for our business!  Find out the specific number goals we have for how many houses we'll buy and how much profit we'll bring in, and how we come up with the data.

Plus, don't forget that we will be starting up a first-of-its-kind House Flipping Mastermind group in February!  If you'd like to get information on the upcoming webinar or any other information, just sign up here: houseflippinghq.com/mastermind

Have any questions for Vanessa 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?

Show Notes

In this episode we cover:

  • Effectively using a calendar system to maintain systems with a house flipping business to increase productivity and efficiency
  • A day in the life of Vanessa — what she does and how she works
  • Why a problem can be a good thing
  • Setting up hours with your assistant in the beginning of your relationship
  • More tasks that you can have an assistant do for you such as writing letters and direct marketing
  • Why menial tasks in the beginning are best for your assistant
  • How to keep your assistant motivated and ensure unlimited growth potential
  • How Justin learned about the importance of showing appreciation when your assistant does a great job
  • A “fly on the wall” look at Justin and Vanessa discussing their business goals for 2014
    • Streamline relationships with agents and design teams in specific areas
    • Specific numbers for buying (i.e. get under contract) and net profit goals
Memorable Quotes

“I don't expect you to remember everything — I certainly don't — but there are systems out there we can use to make sure we don't forget.” ~ Justin Williams

“You can hold all those ideas in your head, but when you write them out it's much more efficient in utilizing those ideas.” ~ Vanessa Feil

“There are a million ways to make a million dollars, but unless you focus on one of them you won't make anything.” ~ Justin Williams [Tweet this!]

“We get paid for problems.” ~ Justin Williams [Tweet this!]

“Many people say it's hard to find good help.  I think it's more about the way they manage that help.  [Tweet this!]  You try to find the right person, but then it's your job to manage and train them.” ~ Justin Williams [Tweet this!]

“No matter the scale of the project, there is always a way to streamline it to make it efficient for everybody.” ~ Vanessa Feil [Tweet this!]

Transcript

Click here to Read and Download the Transcript for Episode 17

Links and Resources
  • Blog Post: Putting Together a Plan and Systems to Help You Reach Your House Flipping Goals For the New Year!
  • Interested in the Mastermind Group? Get information here.
Other Items Mentioned

Due to illness and the holidays we are going to announce the winners for the contests with Robert Fragoso and Ryan Skalla next week. I can't wait! Is it you? Come back next week and find out!

Also, tune in next week to learn the results and hear a special message about our recent iTunes Charity Challenge!

Like what you hear?

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 17: Managing Your House Flipping Assistant with Vanessa Feil – Part 2 appeared first on House Flipping HQ.

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7 Figure FlippingBy Bill Allen

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