Summary: In this episode, I interview (for the second time) my good buddy and fellow house flipper, Justin Williams, who has his own awesome podcast called the House Flipping HQ Podcast. Justin is starting an incredible new course called “House Flipping Formula.” I am super excited and proud to promote anything that Justin is involved with because this guy knows REI; I mean he lives and breathes everything REI in one of the toughest markets in the country – Southern California – and knocks out deal after deal, usually several in one day. Justin is awesome! In today’s episode we’re going to talk about how to overcome the fear of failure; why it’s important to embrace failure; and what the most important income-generating activities are; what my 3 Ms for REI are and what Justin’s 3 Cs are… and then some. So, let’s get going… Listen and enjoy: What’s inside 4:05 – What’s been keeping Justin busy 7:27 – What is Justin’s Biggest Flipping Failure Challenge 11:59 – Why it’s so important to take the ‘right actions’ and what those are 19:15 – What the biggest obstacle is that all new house flippers face 24:00 – Justin’s 3 Cs to house flipping success 28:30 – Doing out-of-state deals 34:20 – Why having a coach or mentor is so important 35:11 – The awesome videos you’ll get in Justin’s new course Mentioned in this episode Justin’s new course <a href="http://www.joelikeshouseflipping.com" target="_blank">House Flipping Formula</a> Tweetables [Tweet "Ignorance on fire is better than knowledge on ice"] [Tweet "REI success isn't achieved just taking action; it’s about taking the right actions & failing forward"] [Tweet "Find someone who's successful. Find out what they do & emulate those things. You need a mentor/coach"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/01/REIM-Your-Highest-Income-Producing-Activities-with-Justin-Williams.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe: Welcome, this is the Real Estate Investing Mastery podcast. Hey, everybody! Welcome. This is the one and only Real Estate Investing Mastery podcast. Really glad you're here. And, I'm excited about this episode because I'm going to be talking to a good friend of mine, Justin Williams over at the house flipping HQ podcast. And, a lot of you guys have heard of Justin. We interviewed him before in episode 66, and it's one of our most popular episodes that we've ever done. A lot of people commented. Got great feedback. Justin is one of those guys who has figured, who understands systems, who understands outsourcing, and does a ton of deals in one of the most difficult markets in the United States, California. And so, I'm excited about having the opportunity to talk to Justin again here. He's the guy. He's in high demand. He pretends that he's busy... [Laughs] Justin: [Laughs] Joe: ...But he really... He actually really is. I don't know how he does it... the amount of deals that he does, the amount of money that he is doing right now just flipping houses in California blows me away. But, his time is really valuable. I'm glad that he's here on the podcast. I got a chance to talk with him again. And first, I want to tell you guys if you're listening to this. If you go to realestateinvestingmastery.com, you can get our Fast Cash Survival Kit. It's really cool. It's free. I talk about it all the time, and most of you listening to this probably already have it. But if you knew, on there, we talk, Alex and I talk about how we wholesale houses, how we use virtual assistants, the marketing that we do, etc. etc. It's pretty cool. The other thing I want to tell you, if you leave a review on iTunes, we're going to send you a bunch of free cool stuff. And, we talked about this on all of the different podcasts that we do. But, about 5, 10 episodes ago, there was an episode I did called "Leave a Review, Get Free Stuff." And,
