Flipping Houses for Rookies is a podcast that focuses on all the important factors that you need to do to flip houses and get into the real estate investing business! You can listen to all of the podcasts below or to the right. You can also find them on iTunes (button to the right to subscribe!), Google Play, or any of the major podcasting services!
In this episode Bill, Pete, and Lisa cover what an amateur is, and what a professional is. Lisa brings up that amateurs can make money by buying one or two houses. Bill & Pete argue the point this is not really true! This ends up with pulling out a dictionary and looking for some clarification on what you should do. Do you need an elementary education, a high school education, or college education when it comes to real estate investing? In the end we actually figure out what an amateur and a pro. And which you should need to be to make BIG money. A very good show to listen to if you are trying to ramp up your real estate career to make consistent income and make it your sole income.
MMA (Mixed Martial Arts) or as we call it in real estate . . . Message Media & Audience (MMA). Once you fully understand this basic “rule” you will always be able to make money. The episode starts out by talking about CTN (Criteria, Terms, and Network – or your ‘team’). Then the conversation turns into how the real estate economy is at the time of this recording. And what it might turn into. Then Bill covers when you should marketing start and stop while doing a deal, and on from there. At this point the conversation turns to the best way to find your “perfect” audience and what to say them. And, why this is so important in the buying house industry. We then creep into some good advice on how to make offers. Some stuff not covered before. As if in a college course learning to flip houses. A very good episode for beginners.
Okay, in this show Bill & Lisa cover some of the most popular Myths that keep folks from getting started. Once you get thru these in your own mind, you will lung forward in having success. Most of your barriers are between your ears and have to deal with that first. The practical examples that get covered in this show definitely make you think of the conversation you are having in your own mind when no one else is around. And, by the way, causing you to make decisions that are not always conducive to what you expect as a turn out – or end result. Get thru this in your life and you WILL start moving much faster. The way you want to. Take your time and listen while taking notes on this one!
WOW . . . I think this is one of the best shows we have done. Bill & Lisa cover in great detail how to raise the money to buy deals. Most think they don’t have the available resources to buy real estate. But low & behold it is just the biggest myth in the industry. The description is not big because you just need to listen to this show!
You can’t eat everything that looks appetizing is a special episode that covers how and why you should not buy every deal. In fact, some deals are best to pass on. And in this episode Bill covers how you can figure this out. What you will learn from this episode is how to weed out what doesn’t fit your criteria. And not knowing how to do this may kill your career before you ever get started; and won’t even know you did it. Then wonder why you didn’t succeed. Then bitch about how bad the industry is, and you killed yourself. If you don’t do the stuff on this episode, you may not make it. Bill covers some of the things he does when making these decisions and how he evaluates whether or not to do a deal. The amount of pragmatic information in this episode is more than normal. So enjoy.
In this episode Bill has his Acquisition Manager on the podcast (Plus Pete The Rookie). She has done about 20 deals and has a new perspective on how to get started. This episode covers a lot of practical things that happen when you first get started. And some of the things you have to avoid when first starting out. Then we cover how not to be so cautious you don’t do deals. Or so worried about doing a bad deal – you never buy something! So Bill covers the four basic steps Bill uses to do every deal – to this day. These 4-steps, if followed, WILL get you deals bought. Bill and the guys go over this in great detail. And at the end of the podcast Bill completely discusses how to buy property without risk. And this is worth the time you will put into listening to this episode.
In this episode Bill reveals some of the worst ways to invest in real estate. The show starts off with talking about some of the details you should know when investing. Then the conversation moved onto dealing with people in this industry; and how Bill deals with information. This turned into a conversation about how to work on each deal. Bill covers how he deals with each transactions. Then Pete covers some of the things you want look at as a rookie. This turned the conversation into how you can do this business at first with no risk, or money. The conversation revealed so much extra’s on real life examples of what Bill & Pete have run into with others. If you want to hear real live everyday activity that is happening this week, this episode is a great one to listen to. Very pragmatic and logical so you can really learn a lot.
Money now, money monthly, money later. In this episode Bill & Pete talk in great detail how to make the most money from every deal. Bill covers how he looks at deals, and vets out the best profit strategy when looking at the deals. While talking to Pete, Bill talks about how he pre-screens his calls so you are not on the phone all the time talking to “tire kickers.” This turned into some of the language you should use when talking to sellers on the phone and making offers. As things progressed, Bill & Pete got into how Bill sells houses on auto pilot. Bill goes over the 7-deals he uses to make the most amount of profit from every deal he runs across. Then all of sudden Bill starts talking about how to invest WITH NO RISK or NO (or low) MONEY from you. Bill goes into detail with this exact point. This is actually how to own nothing, and control everything. Lot’s of very good tips & tricks during this show. Worth listening to for sure!
What most don’t realize in real estate, they are looking in the wrong place to find deals. In this episode we start off talking about a deal Pete did with owner financing, principle only payments. For ten years. At 66 cents on the dollar. In other words: Pete bought this property at a 34% discount. And we cover the whole deal in the beginning of the call. Then we went over some of the other deals Pete has done over the past ten months. Previously to that, Pete knew nothing about real estate investing. We moved onto what kind of seller do we need to find to get these deals. And, most of these sellers have pretty houses so you don’t need a lot of money for repairs and run contractor’s. Instead you will work on finding the buyer so you can cash out. Pete talked about the difference between talking to the right seller, and the wrong seller. The system we are talking about works. In actual fact, the only thing Bill spends all of his time doing is just keep folks on track to use the system. A lot of people fall of the tracks and needs Bill to get them back on track. And when they do, they get results. So if you want to get going in real estate investing. This is a great episode to listen to. Also, on this episode we start taking questions from liteners. And this has added a whole new level of training. So don’t miss this one!
Dear boos . . . I quit! Isn’t that what a lot of us want? We start the episode off with the three MAIN things you need to do every week. And if you don’t do it, you WILL not be in the business. You will get kicked out like a whore in church (joke). Then Bill goes over how you can get a ton of research and development at your finger tips. And where this information came from. Then Bill covers how to find the hyper active areas of your town. In fact Bill goes over the following steps to get thru a deal. Step-by-step so you can get it. If you understand how these steps fully, you can make money buying and selling pretty houses. This is actually a HUGE business that does not need a lot of attention (like rehabs). Or any money. In fact most of the time we buy those houses with less than $100 out of pocket. If you want to fire your boss, this is a perfect episode to listen to.