The Flip Factor Podcast

In this episode I breakdown how “bad spending habits” are running your business into the ground!  If you want to succeed in House Flipping, especially with the current market changes, you need to make the SHIFT to cost cutting and strategic spending. If you're looking for smart ways to cut costs and increase profits, here's what we're talking about at this week's training: How to track your budget like a hawk so you can cut spending to the bone And my simple weekly routine for keeping my flips on budget Michael  “More Profits/Less Work” Green P.S. Whenever you are ready...here are 3 more ways I can help you build a profitable flipping business: Get my free Covid-19 House Flipping Action Plan Learn how to hire contractors so you can finish flips fast and below budget without the headaches. It's all here on our FREE Cracking the Contractor Code Webinar Want my personal help on how to increase your profits on every flip? Click here to schedule a free “Laser Coaching” call.  Whether we end up working together or not, you'll walk away from this call with a step-by-step plan on how to build a profitable flipping business.  

In this episode, I discuss the current state of the market with leading real estate experts Roger Blankenship, Steven Pesavento, and Dan Krynzel and what shifts they are making to thrive in this new market.   There's a LOT of misinformation going around about what's really happening in the market right now.   We share our unfiltered thoughts on how COVID-19 is affecting the real estate market NOW... ...And what to expect in the next few months. This is what's really happening on the streets and not what some news sources might lead us to believe.  You will be shocked at some of the strategies that are shared on this panel. It ain't all doom and gloom BUT there are some major shifts you will need to make if you want your business to thrive in this new market. Michael  “More Profits/Less Work” Green P.S. - Whenever you are ready...here are 2 more ways I can help you build a profitable flipping business: Learn how to hire contractors so you can finish flips fast and below budget without the headaches on our FREE Cracking the Contractor Code Webinar Want my personal help on how to increase your profits on every flip? Click here to schedule a free “Laser Coaching” call.  

Let's keep Cracking the Contractor Code.  Savvy house flippers are using my “trifecta” system to hack and optimize their layout of their flips. And you can also use it to start multiplying your profits today!  And trust me it's not what you think. In this week's episode of The Flip Factor Podcast, we talk about my top Design hacks for layout that will give your flip an EDGE over your competition and bring you more profits.  Here's what you will learn: How to create a design that will make your house stand out?  Should you invest time and money into design? I'll breakdown the “trifecta” of laying out a flip that sell fast  How to redesign obsolete layouts and turn them into beautiful flowing goldmines And finally, I'll show you how being knowledgeable and skilled in design layout can help you reach your goals and become financially independent while loving every minute..    -Michael  “More Profits/Less Work” Green Dig this episode? Wait until you hear these… Episode 41 - How to Stop Going Over budget by Firing Your GC... Episode 7 - Estimating Repairs for Flips... Episode 18 - The Secret to Developing Real, Authentic Confidence... Whenever you are ready...here are 2 more ways I can help you build a profitable flipping business: 1. Learn how to hire contractors so you can finish flips fast and below budget without the headaches on our FREE Cracking the Contractor Code Webinar 2. Want my personal help on how to increase your profits on every flip? Click here to schedule a free “Laser Coaching” call.  Whether we end up working together or not, you'll walk away from this call with a step-by-step plan on how to build a profitable flipping business. 

I know you're thinking flipping and renovations are easy from the hundreds of hours you've invested watching reality shows.    In this week's episode, invest A FEW minutes of your time and listen as I share with you my personal lessons in Construction...    ...and what the timeline of each project in a house flip should be, based on my years of experience and thousands of flips complete.    We're going to talk about:    How to use standardize pricing to speed up you flips   How long should each project should take   How many people should work on each project to finish quick and under budget   How to communicate with a Contractor to motivate so they work hard and keep deadlines   How to avoid the overall inefficiencies that will slow your flip down big time

In this episode, I walk you through how to know when your flip is 100% ready to be put on the market so you can beat your competition.   Personally, I get more hyped up at the beginning of a flip. I get so excited when I find a “turd” house that I know I'm going to transform into a masterpiece and get rewarded with money for my efforts.    Then I fizzle out when I'm close to the end, because I just want to sell the house and move on to the next one.    This is a big mistake that has cost me millions of dollars over the 11 years I have been flipping.   The end of the flip is when most flippers get lazy and that's what makes it an opportunity to multiply profits.   That's why in this week's episode on the Flip Factor Podcast, I talk with Delante Desouza about the Final Inspection Checklist I use to make my flips stand out and sell for top dollar.    I'll discuss what your mindset should be going into the final walkthrough of the house.   More importantly, I share what the buyer is thinking based on over 1000+ of flips I've completed throughout my career.    With these tools and systems, you can deliver what the buyers' are expecting, and in return, make more profits than most of your house flipping competitors.      I'll talk about:   How to do a simple inspection that will ensure your house is in the high profit ozone.    What corners contractors cut and how to fix them   Major defects that scare off buyers and cause your property to sit on the market 

Learn how to power-up your profits by power shopping fast and smart. In construction, there are timelines we need to follow to finish the project quickly and efficiently. Purchasing construction materials need to be systematic and organized. And sometimes when in a rush, we buy the most readily available materials and forget that a quick search on the internet or a quick phone call to a supplier.  Taking a minute to do can save us thousands of dollars on each flip!   In this week's episode, I talk to my partner-in-savings Delante Desouza on how to power shop for profits.    We will discuss:   Which products do you spend time power shopping?   Cheap VS Frugal   Maximizing the internet & phone

I have had my share of struggles with a General Contractor (GC) calling all the shots which turns out more often than not… BAD for me. So today we're going to talk about:    Why you need to order your own materials versus depending on your GC   How to order materials effectively in a timely manner    Why you need my Standardized Price Matrix    To buy in bulk or NOT to buy in bulk   Power shopping VS Veteran Vendors 

In this week's episode, I continue talking with Delante Desouza about Contractors.    We discuss the step-by-step process on HOW TO pay your Contractor, so you don't get ripped off.   This is a process I use everyday in my business and is based on 10+ years of flipping experience.   I'll also share personal experiences, payment strategies and troubleshooting solutions with your Contractor.    While you can't predict every problem that may arise in your Flip it's important to be prepared and avoid getting blindsided by contractor problems.     You can lose time and worse… money... if you don't have a system in place to navigate the minefields. 

In this week's episode, I talk with Delante Desouza about how to manage and stack contractors to meet your deadline   We'll go over:   How to “stack” multiple contractors to finish fast and below budget   How to "Pre-screen" your contractor to know if they will finish on time    How to communicate with your contractor effectively 

This week's episode takes me back to a dark time… Back when I was just starting out in the house flipping business and was dealing with headache Contractors who don't deliver.    Don't miss this important topic in our Contractor series where we discuss:   Tell-tale signs of an Ineffective Contractor   Changing that mindset of settling for a “good enough” Contractor   How to FIRE your Contractor before they suck your profits dry.

In this episode, I talk with Delante Desouza about my standardized pricing.   We'll go over:   The differences between General Contractor (GC) vs a Sub-contractor   How to build your own Standardized Price Matrix   How to find, hire and negotiate with Contractors

In this episode, I talk with Delante Desouza about the 3 critical documents you need when dealing with contractors.   We'll go over:   Why contracts aren't as "safe" as you may think   How to protect your business using 3 simple documents

In this episode, I talk with Delante Desouza about how to stop going over budget on your flips by firing your GC.   We'll go over:   How GCs cause house flippers to go over budget   Why you need to manage projects yourself vs. hiring a GC

In this episode, I talk with Delante Desouza about how to design on a dime in house flipping.   We'll go over:   Why you need to start designing on a tighter budget   Where you can save money on your house flip designs

In this episode, I talk with Delante Desouza about my 3 steps to transforming into the leader that rockstar contractors follow.   We'll go over:   What you need to know - your numbers   How to have abundance with contractors   Why knowing your standardized labor hours is important

In this episode, I talk with Delante Desouza about my post-flip analysis system I use to get maximum results on every house flip.   We'll go over:   What is a post flip analysis   What you should be looking for with every flip   What you can do to start improving your house flipping results today

What to do when you're in the midst of a change order  

In this episode, I talk with mastermind student Nick Blackburn on his journey of getting his first deal with no money.   We'll go over:   How Nick got started in house flipping   The details on how he got his first deal   One tip for aspiring house flippers who don't have enough money to do their first renovation

In this episode, I talk with mastermind student Nicki Hubers Hall on her journey of getting her first deal while being a mom, realtor, and restaurant owner.   We'll go over:   How Nicki got started in house flipping   The details on how she got her first deal   One tip for aspiring house flippers who feel they don't have enough time to get into the business

In this episode, I talk with Chris Krimitsos, Speaker, Chief Creative Officer of Podfest Multimedia Expo, and Author of his new book "Start Ugly: A Timeless Tale About Innovation & Change" We'll go over:   What is starting ugly and how does it apply to house flipping? The process of starting ugly One tip for aspiring house flippers suffering from analysis paralysis to help them take action and get results

In this episode, I talk with Steven Pesavento about The Importance of Mindset in House Flipping.   We'll go over:   3 mindset shifts that investors could make to start making more profits and winning more deals in their flipping business   Some of the ways Steven's used his mindset to improve his life and business   Why mindset is so important in house flipping

In this episode, I talk with Louis Di Bianco about The Power of Stories and How They can Enrich your Life and Business.   We'll go over:   Common stories we tell ourselves that hold us back   The power of story and why it's significant   How you can use stories to transform your house flipping business

In this episode, I talk with Delante Desouza about How much money you need to flip houses.   We'll go over:   The exact breakdown of how much money you need to flip a house   How to find money to flip a house   Common misconceptions about the "No Money Needed" mindset in house flipping

In this episode, I talk with Delante Desouza about How to achieve Complete freedom flipping 1-2 houses each month.   We'll go over:   The common myths new flippers say about flipping 1-2 houses each month   The top 5 systems needed to flip 1-2 houses each month   The numbers of a business that consistently flips just 1 house a month

In this episode, I talk with Delante Desouza about How to Become a Highly Profitable House Flipper.   We'll go over:   What all high profit house flippers have in common   The top 3 systems every high profit house flipper uses   How to know if your house flipping systems are outdated?

In this episode, I talk with Delante Desouza about how to overcome fear when negotiating with a seller.   We'll go over:   Top objections you'll hear from a seller and how to overcome them   How to find and win high profit flips in any market without a huge marketing budget   How to consistently find high profit flips whenever you need them

In this episode, I talk with Delante Desouza about why YouTube is making you lose money flipping houses.   We'll go over:   What some of the downsides to learning to flip houses onYouTube are   The spreading epidemic of YouTube house flipping "gurus" and why they may put you out of business   The remedy to learning to flip houses on theYouTube

In this episode, I talk with Delante Desouza about my simple two step system that I use to find all of my high profit flips.   We'll go over:   What 99% of investors are doing WRONG when trying to find deals   How to find and win high profit flips in any market without a huge marketing budget   How to consistently find high profit flips whenever you need them

In this episode, I talk with Ola Dantis on his journey to financial freedom through real estate and investing in multi-family properties.   We'll go over:   How Ola got started in multi-family investing with his first duplex   How to start financing multi-family investments through syndication deals   Ola's #1 to success in real estate

In this episode, I talk with Delante Desouza on the common house flipping myth that's worse than crack cocaine.   We'll go over:   What 99% of investors are doing WRONG when setting seller appointments and looking at the MLS   Why 80/20 Prospecting will revolutionize your business   How you can start closing more deals with less work TODAY

In this episode, I talk with Glory Fontah on how she went from struggling to find deals to finding 2 deals in 5 months using some simple HP5 strategies.   We'll go over:   Why traditional "house flipping gurus" will be the death of your flipping business   How to properly deal with the ebb and flow of house flipping   How to get started house flipping with no money or previous experience

In this episode, I talk with Delante Desouza on how Don from Wendy's completely transformed my house flipping business. We'll go over: Fatal mistakes investors make when trying to buy flips. How overdelivering and exceeding expectations can transform your house flipping business. What you can do TODAY to start making a positive impact on motivated sellers.

In this episode, I talk with New Jersey flipper Ray Masciangelo on Flipping Less Houses and Making More Money We'll go over: The #1 hack to making more money on each of your flips. The best tips for new investors to BREAK into the game! How "Scaling down to Profit Up" transformed his house flipping business

In this episode, I talk with Delante on the biggest threat to house flipping that we've seen yet. We'll go over: What is the biggest threat to house flipping?
 What're you should be doing differently to offset this threat? One thing you can do TODAY to future-proof your house flipping business

In this episode, I talk with Delante Desouza on The Secret to Developing Real, Authentic Confidence When Talking to Motivated Sellers   We'll go over: Why does confidence matter when dealing with motivated sellers?
   What's wrong with using tried-and-true sales tactics when dealing with motivated sellers? Do they not work anymore?   The BIG secret on creating confidence when talking to motivated sellers and inspire sellers to be confident in you!

In this episode, I talk with Delante Desouza on the new rules of house flipping that EVERY investor should know and follow.   We'll go over: What is "caveman flipping"?
 What are the new rules of house flipping?


In this episode, I talk with Matt Derby, who scaled his business from 0 rentals to 15 in only 5 months. We cover: The BEST strategy for acquiring rentals The importance of creating a buying criteria when looking for rentals to purchase Foolproof ways to lock down financing for growing your rental portfolio 

In this episode, I sit down with Delante Desouza as we share some of the magic numbers that all successful house flippers use to determine how effecient their house flipping business is. In our conversation, we discuss: Why 99% of house flippers out there are "Caveman Flipping" How to determine if you're running a High Performance House Flipping Business One secret you can use to "trim the fat" and start operating more efficiently in your house flipping business

In this episode, I talk with Delante Desouza on which is better: Flipping or rentals? In our conversation, we talk about: The pros and cons of flipping and owning rentals The best investment strategy for each The #1 tip to land great flips AND rentals      

From finding the deal to closing the contract, there's a TON of things that most average house flippers DON'T do that keeps their business and profits small. But how do you become part of the 1% of expert house flippers that are crushing the business with ease? In this episode, I sit down with Assistant Coach Delante Desouza to talk about how house flipping experts are still finding deals in today's market. In this episode, we discuss: What marketing methods are working in today's market to find deals? The IDEAL client to target to get deals. The absolute best strategy to increase your profits without adding extra stress to your business.

In the house flipping business, nothing is promised. We face surprises and new challenges everyday. But what about the dark side of house flipping? How do you handle the things that you don't see coming? In this episode, I talk with my student Faisal Morsi about his experience dealing with the ups, downs, twists, and turns of flipping his first house. In this episode, we talk about: How Faisal went into a flip with less than $5,000 in his pocket Why flipping a house is more valuable and less expensive than a college degree Important things to watch out for when going into your first flip

In this episode, I talk with Delante Desouza about the 5 steps every new investor has to take to get started flipping houses successfully. In this episode, we cover: How to find the HOTTEST areas to flip in Grave mistakes to avoid as a new house flipper A blueprint any new house flipper can follow to start flipping houses consistently If you're interested in real estate or looking to get into house flipping, this episode is a MUST-LISTEN!

In this episode, I talk with Tyler Sheff of The Cashflow Guys about how to negotiate like a pro. We talk about: The "new" way of negotiations The #1 key to a successful negotiation How to become an expert negotiator If you're looking to get into house flipping or are looking for more tips on how flip houses more efficiently, then this episode is a must-see!