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Flipping Junkie Podcast with Danny Johnson

Flipping Junkie is a podcast for people addicted to flipping houses, wholesaling houses, and real estate investing. Danny started flipping houses in 2003 and has chronicled his journey to help house flippers both new and experienced. Subscribe for weekly episodes featuring interviews with people just getting started as well as big name investors like Brandon Turner of Bigger Pockets and Justin Williams from House Flipping HQ. The podcast covers a range of topics like what is working today to find great deals for flipping, how to properly analyze deals for flipping, renting and owner financing, determining repair costs, finding contractors and managing rehab crews, what improvements to make and how to quickly sell your houses for big profits and so much more. Don’t worry, we won’t leave out the serious mistakes that you need to avoid when get starting and growing your real estate investing business. Join Danny Johnson to get the inside scoop on how to get started and how to stay successful to create true financial freedom for yourself and your family.
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Now displaying: Page 1
Apr 11, 2016

Brandon is a painter, extortionist,  exorcist, and lover (not a fighter.)  He' would also like everyone to know he is not a robot, despite claims to the contrary.   Little known fact: He’s the VP of Growth and Communications here at BiggerPockets.com.

 

Brandon joined me on the Flipping Junkie podcast way back in episode 2 of the show.  He’s very busy and I really appreciate him taking the time to be on the show again.  I enjoy talking with Brandon and consider him a great friend.

 

On this episode, we cover over 22 actionable tips for beginner real estate investors.  Even though we say these are tips for beginners, I think we can all say that even experiences house flippers do not do all of these things.  If we all would work at putting these tips into action, we’d all make more money and have more free time.

 

The important thing to always remember is that this is a marathon, not an all out sprint.  Do not try to go out and do all of these things this next week as you will burn yourself out and half-ass all of them.  That’s just a waste of time.

 

Take your time.  Pick 3 and commit to do them well.

 

My favorite actionable tips from the show are:

 

1. Eliminate 2 words from your vocabulary completely: ‘I Can’t’ and replace them with ‘How Can I?’

2. Write your first “yellow letter.”  Simply get a yellow pad of paper and write, Dear Johnny Appleseed, I’m interested in buying your house at 123 Plum Orchard Rd.  If you would consider selling, please call me at 222-2222.  Very sincerely, Joe Investor.  Yes, it’s really as simple as that.  Drive for dollars and find a vacant house.  Look up the owners address from your county’s tax assessor website.  It’s very simple.

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