{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ddc9fe99d861b70468f0d1a/5ddca02e56dc9f1f1a499dd1?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"HFHQ 24: High-End House Flipping with Will Barnard (Part 1)","description":"<p></p>\n<p>This is Part 1 of our interview with Will Barnard.&nbsp; Part 2 will be up in two days</p>\n<p>Will Bernard is a house flipper that focuses his energies on higher end properties.&nbsp; Today we discuss how he finds his deals and the process he uses to finance them.&nbsp; Amazingly he does this all with just private money lenders and his own equity!</p>\n<p>Have any questions for Will or myself? <strong>Just post them in the comments area below!</strong> And if you like what you hear, be sure to<em> </em><em></em><a href=\"itms://itunes.apple.com/us/podcast/house-flipping-hq-podcast/id730653890?mt=2\" target=\"_blank\" rel=\"noopener noreferrer\">click here to subscribe in iTunes</a>. And while you’re there, why not <strong>leave us a review and five-star rating?</strong></p>\n<h2>Flip Tip</h2>\n<p>I was thinking about creating systems during a trip to Disneyland.&nbsp; All successful businesses utilize systems.&nbsp; You have to give up the idea that you need to do everything in your business on your own.&nbsp; It does take more time and effort to train someone to do something, so you need to take the time to set up your system.&nbsp; And you should know how to do something, like evaluating properties, before you train someone else.&nbsp; But other things that are “unskilled”, like licking stamps, can be turned over quickly and delegated out.&nbsp; Start delegating the simple stuff and then increase the complexity (and their compensation) as your trust in the person increases.&nbsp; Then focus your energies on growing you business, instead of running each moving part.</p>\n<h2>Show Notes</h2>\n<p>In this episode we cover:</p>\n<ul>\n<li>Will Barnard's early start as a self-employed business person and how he found real estate investing and house flipping</li>\n<li>In 2004 Will started buying houses and in 2005 started buying houses in Texas even though he lived in California</li>\n<li>In 2009 Will did his first flip and almost pulled six figured on the deal</li>\n<li>Why Will's main focus right now is on the luxury market with higher-end houses</li>\n<li>How Will finds properties using the MLS</li>\n<li>What Will looks for when searching out higher-end deals</li>\n<li>Will's business, <em>Investor Experts</em>, and how it helps people find MLS deals.</li>\n<li>Will's plans to use Direct Mail as part of his acquisition funnel</li>\n<li>How Will funds all of his higher end deals just with private money and personal funds.</li>\n<li>How to increase your pool of private money and find the lenders with money.</li>\n<li>How to avoid breaking government rules with private money lending</li>\n<li>What Will does to structure his financing and payments</li>\n</ul>\n<h2>Tweetable Quotes</h2>\n<ul>\n<li>“Everyone and their dog is trying to flip houses” ~ Will Barnard [<a href=\"http://ctt.ec/Phncm\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!</a>]</li>\n<li>“There is risk in everything we do and everything we say.&nbsp; It is how well you mitigate that risk that matters” ~ Will Barnard&nbsp;[<a href=\"http://ctt.ec/eOfc0\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!</a>]</li>\n<li>“If you're brand new I highly recommend starting with &#8230; family and friends” ~ Will Barnard [<a href=\"http://ctt.ec/f27fS\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!</a>]</li>\n<li>“I always focus on the lender and not myself” ~ Will Barnard [<a href=\"http://ctt.ec/n3NB3\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!</a>]</li>\n</ul>\n<h2>Transcript</h2>\n<p><a title=\"HFHQ 24TRANSCRIPT: High-End House Flipping with Will Barnard (Part 1)\" href=\"http://houseflippinghq.com/blog/hfhq24-transcript/\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to Read and Download the Transcript for Episode 24</a></p>\n<h2>Links and Resources</h2>\n<ul>\n<li><a href=\"http://www.investorexperts.com/\" target=\"_blank\" rel=\"noopener noreferrer\">Investor Experts</a></li>\n<li>Will's website: <a href=\"http://www.barnardenterprises.com/\" target=\"_blank\" rel=\"noopener noreferrer\">Barnard Enterprises</a></li>\n<li><a href=\"http://www.biggerpockets.com/forums/67/topics/64944-the-occupants-from-hell-\" target=\"_blank\" rel=\"noopener noreferrer\">Occupants from Hell</a></li>\n</ul>\n<h2><a href=\"http://houseflippinghq.com/mastermind\"><img class=\"alignright\" alt=\"The House Flipping Mastermind\" src=\"http://houseflippinghq.com/wp-content/uploads/2014/01/hfmm_webinar_banner_click-here_600-300x216.jpg\" width=\"270\" height=\"194\"></a>Join the Mastermind Group!</h2>\n<p>Plus, don't forget that we will be starting up a first-of-its-kind <strong>House Flipping Mastermind group</strong> in February! If you'd like to get information on the upcoming webinar or any other information, just sign up here: <a href=\"http://houseflippinghq.com/mastermind\" target=\"_blank\" rel=\"noopener noreferrer\"> houseflippinghq.com/mastermind</a></p>\n<h2>Leave us a Rating and Review!</h2>\n<p>If you’ve found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! <a href=\"itms://itunes.apple.com/us/podcast/house-flipping-hq-podcast/id730653890?mt=2\" target=\"_blank\" rel=\"noopener noreferrer\">Head on over to iTunes</a> 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. <img alt=\":-)\" src=\"http://houseflippinghq.com/wp-includes/images/smilies/icon_smile.gif\"> <a href=\"itms://itunes.apple.com/us/podcast/house-flipping-hq-podcast/id730653890?mt=2\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>Click here to leave a review and rating</strong></em></a> If you have any<strong> questions or comments</strong> about this show or it’s contents, <em>please post them in the comments area below</em> and I’ll be happy to answer them!</p>\n<p><em>Image Attribution: By Wolfgang Staudt from Saarbruecken, Germany (Potsdam Neues Palais) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons<br />\n</em></p>\n<p><iframe src=\"//www.youtube.com/embed/c7RIW77qn5k?rel=0\" height=\"315\" width=\"560\" allowfullscreen=\"\" frameborder=\"0\"></iframe></p>\n<p>The post <a rel=\"nofollow\" href=\"http://houseflippinghq.com/hfhq-24-high-end-house-flipping-will-bernard-part-1/\">HFHQ 24: High-End House Flipping with Will Barnard (Part 1)</a> appeared first on <a rel=\"nofollow\" href=\"http://houseflippinghq.com\">House Flipping HQ</a>.</p>","author_name":"Bill Allen"}