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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: November, 2018
Nov 26, 2018

This week Danny takes a break from interviews and instead focuses on the upcoming release of FlipPilot. We will be hosting another great webinar and this time Danny will be talking about the one thing that your stupid CRM can’t do that is causing major problems for your business. Danny will be doing real life demos for you guys and answering a few questions if possible. This is taking place DECEMBER 3RD, 2018 at flippilot.com/demo. Register now to reserve your seat, and we’ll remind you when it’s time to show up, learn, and see FlipPilot working in real time! FlipPilot is so much more than a CRM, and we hope you join us next week (12/3) so that you truly start working ON your business instead of IN it.

Nov 19, 2018

Victor Alves started investing in 2015 with his wife Nina, after leaving a job in sales. They attended a seminar about real estate investing and from there made the decision to invest $25,000 into their education and getting started on their business. They knew that if they were going to do it, they wanted to go all in- and that’s exactly what they did! They started wholesaling to learn the market and within their first year had done 6 wholesale deals. The following year they continued wholesaling, but also completed 2 flips and ended the year with 13 deals under their belt. In the beginning of 2017 Victor started working with his current partner, whom he met at the same training course that he and his wife took years before. This is when business really began to take off exponentially. Today they’ve now done over 50 flips in total, acquired 9 rentals, and raised over $5M of private capital. Their success is credited to their balanced relationship within the business as a team. Victor’s partner is more involved with the construction side of things, while Victor focuses his attention on marketing. They’re individual skills and interests compliment each other in a way that allows each of them to focus on the things that they should be. Victor also shares with Danny how he shifted his business when he made the decision to shift his message across his business’ marketing. He says that he began studying data and pulling insights that eventually helped him tailor his message to whichever audience that he was targeting. From there, the business has only continued to grow and find success.

Nov 12, 2018

“Your problem is to bridge the gap which exists between where you are now and the goal you intend to reach.” -Earl Nightingale Why are you reading this? Why are you listening? Learning? Taking action? It’s simple- FREEDOM!! We’re all doing this because we want the financial freedom that comes with being your own boss and real estate investing. We want to be able to spend time with our families and friends, not with the stacks of work that are probably sitting on your desk right now. Melissa and I wanted the same thing, but once we got started we realized it wasn’t so simple. As our business grew, our need for new technology that could support us grew, we quickly found that everything that was already out in the market just wasn’t cutting it anymore. We had all of these systems that were supposed to be making our lives and business better, and all it was doing was adding stress because of the impossible upkeep and hours of analyzing required to get any true insights for our business. They were just work-arounds for other work-arounds, and we knew that our technology was holding us back. We were absolutely not living the life that we thought we would be once we started investing. There was a clear gap between where we were in our business and where we wanted and needed to be, but nothing in our entire arsenal of programs we were using for our business were going to get us there. I had years of investing experience at this point, and in combination with my background in software (#tbt to my corporate America days) we decided that if we wanted it to happen then we were going to have to do it ourselves. Thus, FlipPilot was born. FlipPilot is more than a CRM. There’s not really a single word or phrase to describe what it does, because it really is the very first of its kind for real estate investors. It is everything in one place. We were evolving as investors, and we needed a software that was going to continue to evolve with us. All of the existing technology only allowed us to work IN our business, but it wasn’t giving us the freedom that we wanted. FlipPilot changes all of that. No more Podio, CallRail, MailChimp, Globiflow, NOTHING. FlipPilot has it all. Everything. One place. It is actually that simple. You’ll finally have a system that doesn’t require 20 integrations to work, a system with KPI’s you should be tracking and other data so you know what’s actually working and what isn’t. You can automate your follow up sequences, establish systems and processes, manage your team and tasks, and our brand new Dashboards give you a quick view of how your business is doing at any moment like no other software has been able to do so far.

Nov 5, 2018

Jordan Lagrassa is a real estate investor in Texas who’s been in the game for about three years now- on top of running an entirely separate roofing business! In partnership with another investor, he has established a small business wholesaling houses part-time, and has also accumulated a few rentals along the way. Jordan started with his roofing business, and moved into investing after trying to find different opportunities and ways to support his family and make money (sound familiar?). Jordan shares with Danny how he balances the two jobs, mentioning how it really depends on the season when deciding where he can and should focus his attention. Due to a slow down in the rainfall and other harsh weather in Texas, his roofing business has not been as busy and he has been able to dedicate more time to establishing himself in the market. He says an average day would consist of about 4 hours working on his wholesaling business, and about 2-4 on the other. While right now this method works for him, he sees a value in being able to shift all of his attention on wholesaling and hopes to be able to move toward that direction in the future. When talking about how he got his start, he talks about using PPC via his LeadPropeller site, and how that process worked out for him. They mention their concern with the sentiment that simply signing up for a website will bring you the leads that you are looking for and express the importance of quality over quantity. “With direct mail you might get more leads, but the number of actual qualified leads that become appointments, that then become deals, tend to become a little bit worse than [those] from PPC,” says Danny. Jordan shares that it was a mix of direct mail for the first three months, and then PPC for the following three that brought him his first deal after 6 months. They also talk about what training programs did for them as beginners, and both Danny and Jordan urge investors to make the investment. “You’re using your money to gain more knowledge that’s gonna help you make more money as long as you’re willing to take action and make it work,” expresses Danny. Moving forward, Jordan shares that at this point in time he’s working on building a buyer’s list as he begins to see how the market is starting to change. He hopes to keep wholesaling houses part-time, but wants to shift more toward rental properties in hopes of creating a passive income so he can commit himself where he feels his time is best spent.

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