The 7 Figure Flipping Podcast with Bill Allen

Shannon has had some huge successes… as well as some setbacks and challenges. I asked her to jump on the podcast with me and tell her story… and the one thing that stuck out to me is her never-give-up attitude in the face of business and personal challenges…

Chad and Ashly Whitaker started out buying rentals. But they quickly ran out of money and got “stuck” waiting for their income to slowly grow over the long term. They wanted to generate faster returns… so this past May, they started their first flip.

Jaime is new to house flipping. And he’ll be the first to tell you that he still has a lot to learn. But he’s already finishing up his first 2 deals… and he’s on the path to do 8 more this year. How did he get those 2 deals? And what did he learn along the way? Glad you asked…

Larry and Janet French have flipped houses, bought rentals, and done a lot of private lending. At the start, though, they didn’t have any money of their own. But they were able to fund their deals 100% by putting themselves in a unique position to meet with the people who could help them…

I’ve never seen someone do this before. Brent Meeks came to Flip Hacking LIVE just a few weeks ago. Since then, he’s been working on his real estate investing business like crazy… and he’s done more in 3 weeks than most people accomplish in 5 years!

The other day, one of our 7 Figure Runway members asked to get on a call with me. He had some questions and wanted to talk through some next steps. I told him we should do it as a podcast episode, so everyone can learn and benefit. So that’s what we’re doing!

Growth can be scary. I hear from real estate investors all the time who want to keep their businesses “small” because they think it’s easier that way. But there are some big problems with this approach…

A few years ago, I wrote down the top 3 people who have molded me into who I am today. One of them was my dad. Another was Andy McFarland. And one was the man I’m going to introduce to you today… retired Navy captain Greg Sheahan, who was the commanding officer of my squadron years ago.

We learn more from failure than we do from success. So today, let’s talk about a couple times where things went WRONG. My good friend Mike Simmons has tried to hire a COO twice… and both times, it didn’t work out. But Mike learned some big lessons along the way…

Today, I’m bringing on someone very special… this person has shaped and molded my life more than anyone else. In some ways, he’s the guy who taught me everything I know. Today’s guest is none other than my dad, Bill Allen Sr.!

Who you have on your team matters. In 2017, my company did about 200 deals. In 2018, we did about 200 deals again… but we made an extra $1,000,000 from those deals. So where did that additional million dollars come from?

You can’t grow your business until you break through the “ceiling.” The problem is, most house flippers and wholesalers don’t know where the ceiling is…

A lot of house flippers and wholesalers do all the work themselves. The problem with this is your business will never grow beyond you. It’s a recipe for burnout. If you want to do more, you’ll need to hire and build a team. And when that happens, LEADERSHIP becomes your most important skill set…

You owe it to yourself and the world to work hard and be successful at whatever you do. Why? Because I know that the more we push ourselves to succeed in this business, the more opportunities we each have to make an impact on the world…

I spent an hour or so with a young, driven wholesaler named Dante on a coaching call where we dug into his business and broke down some next steps. I’m sharing that call here on the podcast so EVERYONE can benefit…