7 Figure Flipping

A lot of real estate investors fail. They burn out. They quit. They lose money. I’ve seen it happen again and again. And the #1 reason these things happen… …is because they don’t understand what it REALLY takes to be a successful entrepreneur. I’m not talking about things like having money or time or knowledge or connections. (Anyone can get those things.) I’m talking about something deeper. Your...

Philip Blake Porter did almost 100 deals last year. And a lot of those deals came from “overlooked” marketing channels. I say “overlooked” because I know a lot of real estate investors AREN’T using these strategies. I’m talking about things like… SMS marketing (text messages)… Ringless voicemail… Cold calling… …and so on. The investors doing this stuff are getting in front of sellers faster… They’...

Today’s episode of the 7 Figure Flipping podcast is a bit different. There’s a lot of fear and uncertainty in the world right now… So today, I want to share a message of hope. One of my best friends from high school, Natalie Hennes, went through something that shook her world a couple years ago… She’s always been a stellar athlete. In high school, she played soccer and basketball and ran track. La...

Sheri got into real estate investing by accident. She owned a home but had to move, so she rented it out. That got her hooked on the idea of making money in real estate. But she lives in Southern California… …where home prices are pretty steep. Sheri was determined, though… So she became something of an expert at raising private capital to fund her flips. I asked her to join me on the podcast toda...

Josh McCallen is a real estate investor… …but he’s doing it at a much higher level than most of us. Josh flips hotels and resorts. And his work is seriously impressive… but I didn’t bring him on the 7 Figure Flipping podcast today just to talk about the huge deals he’s closing. I brought him on the podcast to talk about how he FUNDS those deals. As you can imagine, it costs a lot of money to buy a...

Less than 3 years ago, Brandon was working 100 hours per week doing medical device sales. He had always been interested in real estate investing… …but he wasn’t sure where to start. Then he got laid off from his job unexpectedly. And he figured it was time to make a change. There was just one problem… He didn’t have enough of his own money to buy and fix up the houses he wanted to flip. At first,...

When I first started flipping houses, I didn't have any money. So I did what a lot of new investors do… I found a “joint venture partner.” This guy had some money and wanted to put it to work. So we teamed up. He supplied the funding, and I did all the “work” of finding the houses, getting them under contract, managing contractors, keeping the projects on time and on budget, and then selling the h...

When I first got into real estate investing, I hated to spend money. So I would go to the library and check out books. I read books about real estate, business systems, personal growth, and so on. But there was one issue I couldn’t wrap my head around at first… As investors, we buy houses at a discount. We go to sellers and we make below-retail offers. This is where our profit comes from. But what...

What if you could flip 80 houses per year… …without spending ANY money on marketing? That’s what Jesse Trujillo is doing right now. And he’s doing it in one of the most expensive and competitive markets in the nation (San Diego, CA). So how is he getting his deals? Through relationships . He’s built a curated network of agents and wholesalers who bring him their hottest deals on a silver platter....

Direct mail is getting harder. It’s getting more expensive. Response rates are lower. But it’s still our #1 source of motivated seller leads (by far). And when you do it right, it’s INCREDIBLY effective. Do it wrong, and you’ll waste a lot of money. So let’s talk about how to do it RIGHT… Justin Silverio is a real estate investor who flips, wholesales, and develops new houses and multi-unit proper...

If you’re flipping or wholesaling houses, your job is to get in front of as many motivated sellers as you can. The problem is, these sellers are hard to find. Marketing is a major expense for real estate investors… And some of the “tried and true” marketing methods, like direct mail, are getting more and more expensive… while bringing in fewer results. So what’s the “next” big lead source? Stephan...

The #1 thing house flippers and wholesalers struggle with is finding deals. If you want deals, you need motivated seller leads. Getting these leads isn’t easy. But what if I told you… …you can tap into an endless supply of motivated leads by using 1 specific deal source that most investors are skipping? Well, it's true... Sharon Vornholt is the queen of probate leads. I’m starting a new podcast se...

I just spent 7 days hanging out on a cruise ship with 100+ real estate investors. It was the first-ever 7 Figure Cruise… …and it was awesome. A huge success. We had close to 200 people in our group (our members and their families). We spent about half the time enjoying the Caribbean… …and the rest of the time masterminding and working on our businesses. We held a variety of sessions on topics...

My 5-year-old son Will just learned how to ride a bike. He was scared at first. He would put one foot on just one pedal and push himself forward a few inches. That was all he wanted to do. Then he started getting the full “pedaling” motion down, but only for a few seconds. Then he started learning to balance. I was outside with him every afternoon practicing this stuff. We would do 15-minute pract...

Chad Lundell launched his real estate investing business a couple months ago. He got his first solid lead after just 3 days. Since then, he’s closed 4 deals. From the outside looking in, Chad might look like an overnight success. But there’s more to the story... To REALLY understand the journey Chad is on, we have to go back 17 years. Chad has faced more adversity than just about anyone I know. I’...

The reason so many investors stay broke even though they’re working hard… …is because they don’t have a SYSTEM for managing their cash flow. I was in a pretty rough spot 2 years ago. (You’ve probably heard this story before…) I didn’t have any cash. My wholesaling / flipping business was growing like crazy… But my credit cards were maxed out and we could barely buy groceries. I know a LOT of inves...

If you know me, you know real estate investing is my “thing.” It’s how I provide for my family. It’s the main subject of my podcast. It’s what I talk about in emails like this one. But today I want to share something very different. This isn’t going to be about real estate. (Not directly, at least.) I just finished up recording a new podcast episode… …and the man I interviewed is not an investor....

2 years ago, I was completely stressed out. On the surface, everything in my life was going great… My real estate investing business was growing. We had multiple deals under contract and in progress. I had moved my family into a nice new house. My net worth was higher than ever before. But under the surface, we had a big problem… I didn’t have any cash. If I wanted to buy groceries, I had to pay w...

Last year, Tanner and his cousin Travis flipped 128 houses. To those who know them, that number isn’t surprising… they’re both hard workers and they’ve been growing their business for a few years. But there was something different about last year. Last year, Tanner was able to take 6 weeks off to vacation with his family… He was “unplugged” for the entire month of July (and then some). And for Tan...

4 years ago, I was flipping 1 to 2 houses per year and spending my nights and weekends trying to “grow” my business. I was putting in long hours. I was learning everything I could. I was working hard. At least, that’s what I told myself. Looking back, the biggest obstacle to my success was… me. I was getting in the way of my own growth and I didn’t even know it. This is one of the biggest pro...

In his first year flipping houses, Kyle Burnett lost $700. That was in 2016. By mid-2018, he was making decent money and had a few flips going simultaneously, but he was doing all the work himself and it was eating up his evenings and weekends. “Everything was operating at 50%,” he says. Nothing was great. He joined the 7 Figure Altitude mastermind group around that time. Last year, he earned...

Sometimes I hear investors say flipping and wholesaling houses “doesn’t work” anymore. They talk about how they “can’t find any deals…” They talk about how the margins are too thin and there’s no “meat on the bone…” They talk about how there are “too many other investors…” And so on. Any of this sound familiar? If you ask these investors WHY they’re struggling, they can usually give you a long lis...

In December 2018, I gave my wife an empty box for Christmas.   No, it wasn’t a “gag gift.”   It was literally just an empty box.   I remember the look on Lucy’s face when I gave it to her…   I could tell she was kind of confused (which is totally fair).   So I said to her…   “Every day, at 5:30 PM, I’m going to put my phone in this box. I’m going to unplug myself...

I’ve been talking a lot about GOALS lately. Goals are important. You’re not going to grow your house flipping or wholesaling business by accident. You need to start the year with a clear vision of what you want to accomplish. That takes goals. But there’s a RIGHT way and a WRONG way to set goals. Do it the wrong way, and your goals won’t stick. You’ll burn out or get sidetracked. I think we’ve ALL...

Happy new year! Happy new decade!   A couple days ago, I told you about everything that went WRONG for me and my company in 2019.   Today, I want to talk about 2020.   There’s a lot at stake.   And a big part of your success this year will come down to your goals.   What are your goals for the year?   Are you aiming too small? Or too big (which is an even bi...