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7 Figure Flipping with Bill Allen
[467] 4 Things You Need to Know Before Partnering With Someone
Ep. 467
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Thinking of taking on a business partner?
It can sound appealing... but teaming up with the wrong person could completely kill your business or cost you hundreds of thousands of dollars (I’ve seen it happen).
Here are 4 things to watch out for when partnering with someone…
Listen in now!
This is a presentation Mike Simmons gave at last year’s 7 Figure Flipping Accelerator event.
It was a HUGE hit.
The Accelerator is happening again NEXT WEEK.
It’s free to attend and 100% virtual, so you can watch from anywhere.
If you haven’t signed up yet, hit the link below to get a spot.
CLICK HERE to Get a Spot at the 7 Figure Flipping Accelerator >>
See you July 23-24!
Links and Resources
Want to learn how to get consistent real estate deals every month in TODAY’S market? ON July 23-24, I’m holding a FREE virtual event… the 7 Figure Flipping Accelerator. We’re going to spend 2 days breaking down how to find deals, how to fund them, how to grow your income, and more. It’s 100% FREE to attend. But spots on Zoom are limited… sign up now!
- CLICK HERE: https://7figureflipping.com/go
Flip Hacking LIVE tickets for October 2021 are available now… and seats are filling up fast. If you want to learn the exact systems and strategies the nation’s top house flippers and wholesalers are using to flip 100s of houses per year, reserve your spot today. Hit the link below to sign up!
- CLICK HERE: FlipHackingLIVE.com
If you’re an experienced real estate investor and you’re ready to get around a community of active house flippers and wholesalers who will support you, hold you accountable, and push you to set goals that inspire you as you grow your business, check out 7 Figure Altitude and see if it looks like a good fit. If it is, I invite you to fill out a quick application to join. If you have any questions, reach out!
- CLICK HERE: 7FigureAltitude.com
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Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...
Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe
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Facebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/
7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/
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723. [723] How This Former Marine Went From Bankrupt to Bankrolls
58:59In 2008, former Marine and 7 Figure Runway member, Scott Mueller, lost everything.The crash took his real estate business, house, truck, and dissolved a marriage. He faced challenges that would make most people give up. After a career change, he eventually ventured into the restaurant business only to be drawn back into real estate by short-term rentals in 2021. We’re breaking down real deals and numbers, including a recent property that made him $33,868 net profit. Listen in now!Scott shared that the #1 thing that sets 7 Figure Flipping apart is our values.We hear this over and over by members of our community.7 Figure Flipping is built on a culture of trust where we stand by our word and go above and beyond to serve our community.If mentorship like this sounds like what’s missing in your business, click the link below to fill out a quick application. If it’s not a fit, we’ll connect you with some powerful resources anyway!CLICK HERE to Apply to 7 Figure Runway >> Catch you on the flip side!LINKS & RESOURCESWant to Connect with Scott MuellerInstagram: https://www.instagram.com/scottmueller/Facebook: Scott MuellerScott’s Restaurant Business: https://cleaneatz.com/ 7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>722. [722] $22K Profit on FIRST FLIP at 16 Years Old
47:19Ryleigh Eckles flipped her first house and made over $22,000.Did I forget to mention that she’s 16 years old?!She is one of the reasons why we started our kids program. And it started by watching her dad build his own flipping business.Her story is so inspiring. I encourage you to listen to this with your kids.Next week we’re kicking off the Teen Wealth Workshop in Franklin, TN.We'll go even deeper into financial literacy, creating income streams, and the specific action steps kids can take RIGHT NOW to start building wealth that THEY control.We have a super fun game planned that simulates different career paths and we’re all going to play it together on Day #2 of the event!You don’t want to miss this.CLICK HERE to Learn About the Teen Wealth Workshop >> Catch you on the flip side!LINKS & RESOURCESWant to Connect with Ryleigh EcklesWant to see more of what Ryleigh and her dad Nate Eckles are doing in the real estate investing world, or reach out and connect with them? Look up Urban Firebird Home Solutions on Facebook, and visit their website, DadAndDaughterBuyHouses.com!7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>721. [721] How to Raise Future Flippers
47:19When I tell people we have kids in our community who are flipping houses and creating rental properties……they don’t believe me.If we want to change the financial future of our kids, it starts with us.So Sophia’s parents, Omar and Marizol Mendez, are joining me on today’s show to share how they got their kids interested and involved in real estate.They’ve flipped more than 120 houses and built a rental portfolio, so definitely don’t want to miss this episode if you’re looking to get your kids started!We have something big coming up for kids and teens.On June 19-20, I'm holding an in-person "wealth workshop" in Franklin, TN where we'll go even deeper into financial literacy, creating income streams, and the specific action steps kids can take RIGHT NOW to start building wealth that THEY control.This will be 2 FULL DAYS of intensive hands-on training. Families are flying in from across the country to be here with us.If you want your kids to be at this event…CLICK HERE to Learn About the Teen Wealth Workshop >> Catch you on the flip side!LINKS & RESOURCES Want to Connect with Omar & Marizol Mendez?Email: marizolmendez509@gmail.com 7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>720. [720] How This 16 Year Old Flipped Her FIRST House
47:19I see the comments all the time asking how kids are doing real estate transactions.So I’m bringing back some kids and teens that are taking massive action in real estate and sharing how their families are pouring into these kids.Up first is Sophia Mendez, a 16-year-old who flipped her first house last year and made $6K on her part of the deal!If you want to inspire your kids to follow their entrepreneurial goals and dreams, listen to this episode together!This month, we’re holding a special event for kids who want to get into investing, become financially independent early in life, and develop entrepreneurial skills.We’re calling it the Teen Wealth Workshop.If you want your kids to be at this event…CLICK HERE to Learn About the Teen Wealth Workshop >>It’s going to be life-changing. Catch you on the flip side!LINKS & RESOURCES7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>719. [719] Why “Rent to Own” Should Be One of Your Exit Strategies
10:49There is a rarely used and frankly little-known exit strategy I wanted to share with you.So I invited an expert on this “rent to own housing”.It’s something that’s mutually beneficial to buyers and sellers and consistency makes Vaughn a lot of money.Vaughn Bethell has been in the 7 Figure Flipping community for years. He’s said this group added “an extra $1,000,000” to his business.If you want to be part of this group and do what Vaughn did……hit the link and apply to join.CLICK HERE to Apply to Join 7 Figure Runway >> Catch you on the flip side!LINKS & RESOURCESConnect with Vaughn BethellFacebook: https://www.facebook.com/REIJunkiesWebsite: https://www.reijunkies.com/ 7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>718. [718] From Burnt Out to Landing A $40K Wholesale Deal
44:01I’m really excited to share this member’s story. Amy Frost went from an artsy kid with a 1.7 GPA… …to an Air National Guard……to a burnt out graphic designer……to finding real estate.This is how she achieved a $40K profit on her FIRST wholesale deal.Her path was unexpected, but I’m so glad it led us to this conversation.Amy joined the 7 Figure Runway community after attending Flip Hacking LIVE 2023.She had been going through some landlord troubles.And it’s already having a positive impact on her business.See how a community like ours can change your path for the better.CLICK HERE to Apply to Join 7 Figure Runway >> Catch you on the flip side!LINKS & RESOURCESConnect with Amy FrostFacebook: https://www.facebook.com/amy.frost.359 7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>717. [717] Why I’m Focused on Foreclosures (& How to Get a Foreclosure Deal)
15:26Over the past few years, sellers have built up equity in their homes making it harder and harder to find distressed properties. That means we have to spend more money to find one deal.So I brought on Adam Whitney to share how we’re getting the best bang for our marketing buck with this niche strategy.Check it out!The people in our 7 Figure Runway program are having a ton of success with this strategy.What software are we using these days to find them? BatchLeads.CLICK HERE to Get Your First 1,000 Seller Leads FREE! >> Catch you on the flip side!LINKS & RESOURCESGet Your First 1,000 Seller Leads FREE with BatchLeadshttp://leads.getbatch.co/mztQkMr 7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>716. [716] Profit First for Real Estate Investors
47:07A lot of investors look like they’re doing a ton of deals and making a lot of money…When in reality, they’re not actually profitable.I like to help people make more money so I brought on my friend David Richter, the author of Profit First for Real Estate Investors.This made a huge difference in my business and I know it can help you out too.Check it out!A profitable business starts with a repeatable system. A proven process that will produce consistent results.That’s the goal of our 7 Figure Runway program.We teach you how while putting you on the path to unlimited income, long-term financial security, and the freedom to control your most precious asset—your time.If you’re ready to go from “knowledge” to “action”, click the link below!CLICK HERE to Apply to Join 7 Figure Runway >> Catch you on the flip side!LINKS & RESOURCESGet the Profit First Cheat SheetDownload: https://simplecfo.com/7ff/ Here’s the Episode with Mike MichalowiczUse This Cash-Flow System to Never Feel Broke Again…7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>715. [715] Analyze a Real Estate Lead In 8 Simple Steps
28:08Kaitlyn Phillips is back for another episode of Deal or No Deal!Today, she takes you to her actual email inbox to look at potential deals from wholesalers and pick one to analyze. This is what she does every time she gets a lead from a wholesaler.And it’s just 8 steps!Let’s see if she puts an offer on it…Last week we had our May event at the office for 7 Figure Runway and Altitude members.We talked about hot topics like…Comping properties…Where are wholesalers getting they're ARV…And more…You could be at the next event networking with the best of the best.CLICK HERE to Apply to Join 7 Figure Runway >> Catch you on the flip side!LINKS & RESOURCES7 Figure Flight School is a COMPLETE walkthrough that shows you EXACTLY what to do to start making money RIGHT NOW flipping and wholesaling houses in YOUR area - no matter where you live! In just 3 months, you’ll get a simple system to start flipping and wholesaling houses... even if you're a beginner!CLICK HERE: https://7ff.7figureflipping.com/7ffs1 Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you’ll meet and network with some of the nation’s most successful real estate investors and tap into the exact business systems they’re using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You’ll connect with a tribe of action-takers who understand what you’re going through and the challenges you face as an entrepreneur. If you’re ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >>