Podcast appearances and mentions of andy mcfarland

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Best podcasts about andy mcfarland

Latest podcast episodes about andy mcfarland

7 Figure Flipping with Bill Allen
[785] What If 12 Leads Were All It Took? “Blocking & Tackling” with Andy McFarland

7 Figure Flipping with Bill Allen

Play Episode Listen Later May 8, 2025 47:43


Back when I was in the Marines, we trained on the fundamentals constantly.Before you ever got into combat, you had to master the basics.It's the same in football. Every great player starts by learning how to block and tackle.Real estate investing is no different.A couple of years ago at Flip Hacking LIVE, my friend and mentor Andy McFarland took the stage and shared what those two “blocking and tackling” moves are for investors and exactly how to get good at them (even if you're just getting started).Andy's business is pacing toward 284 deals this year. That's not a typo. And when it comes to lead conversion? He's locking up contracts from just 12 leads on average with PPC and SEO.If you're feeling stuck or just want to make sure you're building on the right foundation…If we look at the data…It's clear real estate is more than just theory—it's about having a tactical guide to leveling up your sales game, building momentum, and creating repeatable success.Inside 7 Figure Runway, we have more training modules just like this one available to help you successfully launch your real estate business.(There are ways to make money when the market is up and plenty more ways to make money when the market is down… skilled investors can do both.)I've watched so many people waste years waiting for the right moment……when what they REALLY needed was to get into the right environment, get around people who are committed to success no matter what, and keep taking action.This is why getting into a group like 7 Figure Runway can be so powerful.If you're interested in being part of this elite community…Click here to learn more and apply to join. >>Catch you later!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 Hosted on Acast. See acast.com/privacy for more information.

7 Figure Flipping with Bill Allen
[761] The TRUTH About the 2025 Market and What It Has in Store for Us

7 Figure Flipping with Bill Allen

Play Episode Listen Later Jan 29, 2025 38:19


2024 was a crazy year for real estate.And now 2025 is already off to an interesting start.So let's talk about it.If you've been around here awhile, you've probably heard about Andy McFarland and you may know him as one of the top real estate investors in the country, with over 20 years of experience in this business.I'm bringing Andy on the 7 Figure Flipping Podcast today to share his method for monitoring market conditions.(To help you manage and track your investments and stay on top as things shift.)This is powerful stuff… click below to dive in!2025 can be your year if you're ready to get after it.As always, we're here to help in any way we can.Have a great day!.LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we'll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master's degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.

7 Figure Flipping with Bill Allen
[701] What I Learned From One of the LARGEST Home Buying Companies

7 Figure Flipping with Bill Allen

Play Episode Listen Later Mar 5, 2024 53:20


Today I'm talking to the founder of one of the LARGEST home buying companies in the country.I don't normally bring guests like this on the show.He's sharing the five business mistakes that cost him 9 million dollars!And we're talking about something a little different…Listen in now!I met Brad Chandler when I was a member in the 7 Figure Altitude program.I was a fly on the wall during a call with Andy McFarland and Justin Williams.That was back when I was just getting started doing 50 or so houses per year.And it all started when I joined the 7 Figure Runway program.7FigureRunway.com >> Catch you on the flip side!LINKS & RESOURCESConnect with Brad ChandlerTake Brad's 3-Minute Self-Care Quiz: https://www.bradchandler.com/quiz/ Can you “scale” a real estate investing business so it runs “without” you… while doing MORE deals than you ever thought possible? Inside the 7 Figure Altitude mastermind group, you'll meet and network with some of the nation's most successful real estate investors and tap into the exact business systems they're using to INCREASE and AUTOMATE their deal flow while working just a few hours per week. You'll connect with a tribe of action-takers who understand what you're going through and the challenges you face as an entrepreneur. If you're ready to remove yourself from the “day-to-day” operations of your business so you can get your life back and stop working 80+ hours per week, apply to join 7 Figure Altitude!CLICK HERE: 7FigureAltitude.com >> Hosted on Acast. See acast.com/privacy for more information.

Sanctioned by Stefanie
"I have always been a comedy nerd…"

Sanctioned by Stefanie

Play Episode Listen Later Dec 20, 2023 50:10


On this episode of Sanctioned by Stefanie, I welcome a very supportive and funny friend Andy McFarland. Andy tells us all about his journey to comedy and starting up one of the most popular open mics in Metro Detroit. We have a good discussion about starting this in your 40's as a father and husband, and he answers the Unsanctioned Seven. Its a fun listen with my favorite Fred Durst look alike! Check out Andy's Open Mic @ Plymouth Roadhouse in Livonia Bi weekly Wednesday's!

7 Figure Flipping with Bill Allen
[673] Want to Do A “Subject To” Deal? Ask This ONE Question…

7 Figure Flipping with Bill Allen

Play Episode Listen Later Oct 27, 2023 47:41


Andy McFarland has flipped over 2,000 properties. 26% of his deals are now done “subject-to”.This one question to the seller will open the door to a “subject to” deal.He's sharing this (and the time he got arrested in Egypt) in today's episode.Listen in now!7 Figure Runway member, Colby, wanted to tackle a subject-to deal but didn't know where to start.So at Flip Hacking LIVE, he got up ON STAGE and tried out our new simulator.Now he feels confident and ready to take on a subject-to deal of his own (and he never had to risk a DOLLAR). Join the Simulator >>>Catch you on the flip side!LINKS & RESOURCESTake the “guesswork” out of your journey and instead follow a PROVEN PATH to start flipping houses, wholesaling, buying rentals, running AirBnb's, and more in the 7 Figure Runway mastermind group. You'll learn what's working and what strategies to avoid. You'll get access to the same tools and tactics HUNDREDS of our members are already using to build consistent, profitable businesses. If you're ready to become a CONFIDENT investor, apply to join 7 Figure Runway!CLICK HERE: 7FigureRunway.com >> Hosted on Acast. See acast.com/privacy for more information.

7 Figure Flipping with Bill Allen
[664] Want to Close More Deals? This Process Has Closed 2000+ Deals

7 Figure Flipping with Bill Allen

Play Episode Listen Later Sep 7, 2023 35:20


If you're spending money marketing to sellers then keep reading…People will spend money on marketing. They'll do all the right things. And then they forget to do this…Andy McFarland recently shared this presentation at our Off-Market Breakthrough event and it was too good not to share. This is the SAME PROCESS he teaches his sales reps before they ever go on a seller appointment!Listen in now if you want to start closing more deals!If you want to go DEEP into how to succeed in any market, you need to join us for 3 days in October at Flip Hacking LIVE!We're going to break down the "blueprint" you'll need to build a systematized real estate investing business in today's market.Right now the price to get a ticket to Flip Hacking LIVE 2023 is $600 lower than normal... but the cost is GOING UP in a few days.Hit the link to sign up!Flip Hacking LIVE >>See you there!LINKS & RESOURCESFlip Hacking LIVE is coming up October 12, 13, and 14, 2023. It's happening in San Diego, CA, and hundreds of real estate investors have already signed up to attend the most epic real estate investing conference of the year. Are you coming? If you haven't gotten your ticket yet, head over to FlipHackingLIVE.com and sign up before seats sell out!CLICK HERE: FlipHackingLIVE.com >> Hosted on Acast. See acast.com/privacy for more information.

7 Figure Flipping with Bill Allen
[661] Start Asking Sellers THESE Questions to Start Closing More Houses With NO Money

7 Figure Flipping with Bill Allen

Play Episode Listen Later Aug 29, 2023 29:56


Andy McFarland was my mentor when I got into real estate.He's bought and sold over 2,000 deals…And he doesn't even really love real estate.But he's figured out the EXACT questions you NEED to be asking sellers to start closing houses without using any of your own money.This is one episode you DON'T want to miss.Listen in now!Links & ResourcesWant to connect with Andy McFarland? Find him online at https://enlighthomebuyers.com/!Flip Hacking LIVE is coming up October 12, 13, and 14, 2023. It's happening in San Diego, CA, and hundreds of real estate investors have already signed up to attend the most epic real estate investing conference of the year. Are you coming? If you haven't gotten your ticket yet, head over to FlipHackingLIVE.com and sign up before seats sell out!CLICK HERE: FlipHackingLIVE.com >> Hosted on Acast. See acast.com/privacy for more information.

7 Figure Flipping with Bill Allen
[592] How This $3,000,000 Real Estate Business Gets Off-Market Deals

7 Figure Flipping with Bill Allen

Play Episode Listen Later Oct 26, 2022 35:00


Andy McFarland netted $3,000,000 in profit last year in his real estate investing business.Want to see how he's getting off-market deals?Listen in now!If you want to experience more from Flip Hacking LIVE, get your ticket to the FHL Virtual Experience happening THIS WEEK on Thursday and Friday (with on-demand replays available for 2 days after that)!Here's the link to sign up…Flip Hacking LIVE Virtual Experience >>Catch you on the flip side! Hosted on Acast. See acast.com/privacy for more information.

7 Figure Flipping with Bill Allen
[574] Andy McFarland: How to Survive the “Market Gap”

7 Figure Flipping with Bill Allen

Play Episode Listen Later Aug 9, 2022 48:42


Andy McFarland is one of the top real estate wholesalers in the nation.At our recent Altitude meeting, he gave a powerful presentation on what he's doing in his business, what he's seeing in the market right now, some adjustments he's making……and 1 tactic that could change everything for you.(If you apply it).Usually these presentations are kept under lock and key…But I want to share this one with you because I know it will help you in your real estate investing journey RIGHT NOW.Listen in now!If you want to go DEEP into how to succeed as the market shifts, you need to join us for a free 2-part virtual event we're holding later this month.It's called the 7 Figure Flipping Accelerator.We're going to break down the "tool kit" you'll need to SUCCEED as a flipper or wholesaler in this "new" market era.It's 100% virtual and free to attend.Hit the link to sign up!7 Figure Flipping Accelerator >>See you there!Links & Resources7 Figure Flipping AcceleratorIf you want to go DEEP into how to succeed as the market shifts, you need to join us for a free 2-part virtual event we're holding later this month. It's called the 7 Figure Flipping Accelerator.We're going to break down the "tool kit" you'll need to SUCCEED as a flipper or wholesaler in this "new" market era. It's 100% virtual and free to attend. Hit the link to sign up!7FigureFlipping.com/accelerateFlip Hacking LIVEIf you want to survive and (THRIVE) in the coming market downturn, you HAVE to be plugged in to what other investors are doing, looking at REAL data right now (NOT what the media is feeding us). This is what makes Flip Hacking LIVE so important.Flip Hacking LIVE is the only event that we hold that's open to the public. Every real estate investor we bring on the stage is doing hundreds of thousands of dollars or even millions of dollars per year in their business. THESE are the voices you need to be listening to right now.The event is happening October 13-15 in Orlando, FL.If you haven't gotten your ticket to Flip Hacking LIVE yet, hit the link below and sign up now.FlipHackingLIVE.com See acast.com/privacy for privacy and opt-out information.

Just Start Real Estate with Mike Simmons
Live Q&A - New Year's Resolutions, When to Expand Your Business, How to Build a Team that Does Over $1M per Year, and Effective Direct Mail Marketing

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Jan 20, 2022 34:12


Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.   This presentation is the live Q&A that I did the week of January 5th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests' fabulous and compelling questions! Don't miss this new episode of the Just Start Real Estate Podcast! Notable Quotes:   “First you nail it, then you scale it.” Mike Simmons quoting Andy McFarland   “I absolutely think you can do $1.2M with four or five employees.”   “The reason they most likely called you is that they can't list their house on the MLS and it is your job to find out why.”   “We buy houses from people that need to sell their house quickly and for a fair price, in cash.”   “I am less interested in making year-long goals than I am in creating 90-day goals.”   “One of the failures of New Year's Resolutions is that we lose momentum and motivation because they are too long-term.”   “Twelve-month goals get lost in the shuffle.”   “With 90-day goals, you can't slip up very much or else you are in jeopardy of missing it.” Links: 7 Figure Investor Flip Hacking Live 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months  

7 Figure Flipping with Bill Allen
[489] “Blocking and Tackling” for Real Estate Investors

7 Figure Flipping with Bill Allen

Play Episode Listen Later Oct 5, 2021 50:31


In football, there are two things players need to get really, REALLY good at before they can start thinking about advanced strategies and complex plays.Those two things are blocking and tackling.These are the fundamental actions of the game.Real estate investing has its own blocking and tackling.Whether you're flipping or wholesaling houses, there are two fundamentals you have to get good at if you want to succeed.At Flip Hacking LIVE a couple years ago, Andy McFarland shared what these two things are and how to get good at them even if you're a complete beginner. This is one of my favorite presentations from any event we've ever held…And it will give you a taste of what's in store at Flip Hacking LIVE next week.Let's dive in to “blocking and tackling” for real estate investors…Listen in now!There are SO MANY huge takeaways in this presentation.Every year, guys like Andy McFarland take the stage at Flip Hacking LIVE to share things like this. Each session alone is more than enough to accelerate your real estate investing growth…And you get THREE FULL DAYS of this.If you haven't gotten your ticket to Flip Hacking LIVE by now, I'm not sure what's holding you back… but the price is going up TOMORROW.Hit the link below to register!CLICK HERE to Get a Spot at Flip Hacking LIVE 2021 >>The event is happening October 14-16 in Orlando, FL.It's going to be awesome. I can hardly wait…See you there!Links and ResourcesFlip Hacking LIVE tickets for October 2021 are available now… and seats are filling up fast. If you want to learn the exact systems and strategies the nation's top house flippers and wholesalers are using to flip 100s of houses per year, reserve your spot today. Hit the link below to sign up!- CLICK HERE: FlipHackingLIVE.comIf you're an experienced real estate investor and you're ready to get around a community of active house flippers and wholesalers who will support you, hold you accountable, and push you to set goals that inspire you as you grow your business, check out 7 Figure Altitude and see if it looks like a good fit. If it is, I invite you to fill out a quick application to join. If you have any questions, reach out!- CLICK HERE: 7FigureAltitude.com====================Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listenFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/ See acast.com/privacy for privacy and opt-out information.

7 Figure Flipping with Bill Allen
[477] Meet the First Speaker for Flip Hacking LIVE 2021

7 Figure Flipping with Bill Allen

Play Episode Listen Later Aug 24, 2021 30:21


He's been wholesaling and flipping houses for 19 years.His team does 200+ deals per year.He's been through hot markets, cold markets, and everything in between.Last year was his best year ever in terms of income and deals...And this year he's on track to beat it.His name is Andy McFarland.He's my mentor and one of my closest friends...And he's going to be speaking at Flip Hacking LIVE in October, sharing how he built his real estate investing empire, what he's learned in 10+ years of managing a high-impact team, what's working right now in his business, and what he's prepping for in the future.I got to hang out with Andy in today's episode of the 7 Figure Flipping Podcast to talk about all of this and what he's planning for Flip Hacking LIVE.There's a HUGE surprise at the end...(It's the one thing that gets Andy 25% of his deals.)Listen in now!With Flip Hacking LIVE just 2 months away, it's time to start naming names and introducing some of the incredible real estate investors who'll be sharing their strategies this year at Flip Hacking LIVE.Andy McFarland is the first one…And he has agreed to give his 4-hour Creative Finance Strategies Course for FREE to anyone who signs up for Flip Hacking LIVE.This is the SAME course I used to learn seller financing…It's the same course Andy used to train his team.And it's the course I used to train MY team.The bottom line is, it works.Andy originally charged $500 for this course…And right now Flip Hacking LIVE tickets cost less than that.So not only are you getting a ticket to the October event… you're ALSO going to get a resource you can keep forever to help you close more deals without using your own money or taking out any bank loans.This is powerful stuff…Hit the link below to get your ticket to Flip Hacking LIVE…CLICK HERE to Get a Spot at Flip Hacking LIVE 2021 >>And I'll send you Andy's creative finance course right away so you can dive in.Can't wait to see you in Orlando this October...Take care!Links and ResourcesFlip Hacking LIVE tickets for October 2021 are available now… and seats are filling up fast. If you want to learn the exact systems and strategies the nation's top house flippers and wholesalers are using to flip 100s of houses per year, reserve your spot today. Hit the link below to sign up!- CLICK HERE: FlipHackingLIVE.comIf you're an experienced real estate investor and you're ready to get around a community of active house flippers and wholesalers who will support you, hold you accountable, and push you to set goals that inspire you as you grow your business, check out 7 Figure Altitude and see if it looks like a good fit. If it is, I invite you to fill out a quick application to join. If you have any questions, reach out!- CLICK HERE: 7FigureAltitude.com====================Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listenFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/ See acast.com/privacy for privacy and opt-out information.

Championship Culture
Championship Culture Episode 48 with Andy McFarland

Championship Culture

Play Episode Listen Later May 15, 2021 42:15


Andy McFarland is a veteran coach who took a new Head Football job right before Covid hit. He has some excellent ideas for building culture. He takes his captains through a how to be a leader class. Follow him on Twitter @CoachAMcFarland Great team platform @rswolvesfb

Let's Talk Real Estate Investing with Sharon Vornholt
How to Transition from Small Business Owner to the CEO of Your REI Company with Andy McFarland

Let's Talk Real Estate Investing with Sharon Vornholt

Play Episode Listen Later Jan 27, 2021 32:14


Are you ready to get out of your own way so that you can transition from small business owner to the CEO of your real estate investing company? It’s a process, I can tell you that. My guest today is Andy McFarland.  This is the 3rd time Andy has been on my show, and I couldn’t be more excited for him to share how he has grown his business over the last 5or 6 years I have known him.  He is the owner of Enlight Home Buyers, a residential real estate investment company that buys and sells more than 200 houses per year across Utah, New Mexico, and Indiana. Andy has been buying properties since 2003 and has been involved in over 1,700 real estate transactions. He lives in Utah with his wife and 4 children. The first time Andy was on my show, he was doing about 100 deals a year. In the 2nd show, we focused on how to grow a team.  In this show, the topic is how to transition from a small business owner to the CEO of your REI business. I will put the link to the previous shows below. Show Notes No matter what stage of business you’re in, you will find actionable tips in this show to help you grow your business and transition from small business owner to the CEO of your company. How Andy grew his wholesaling business over time Branching out: adding flips, rentals, and syndication deals How Andy ended up with a big business (that wasn’t necessarily his plan) Learning to let go in order to grow Finding out your team is actually better at some things than you are Becoming the visionary of your business: transitioning from small business owner to the CEO Andy’s top two marketing strategies that bring him most of his deals How he does business in 3 states, and the one team member he must have to make it work Mindset: why this is all that’s holding you back from everything you want Andy’s Previous Shows Be sure to check out these are two great shows if you missed them the first time around. Adding Team Members to Your Rei Business with Andy McFarland How to Wholesale 100 Houses a Year with Andy McFarland Books Mentioned in this Show Rocket Fuel by Gino Wickman   Be sure to stop by the Louisville Gal’s Real Estate Blog for more great content.       .

Living Off Rentals
#43 - End of Year Planning Highlights

Living Off Rentals

Play Episode Listen Later Dec 9, 2020 32:46


It has been just about a year since the Living Off Rentals podcast released its first episode. Why was the Living Off Rentals podcast started? Because there is no other podcast quite like this focused on the decision making that goes into building a portfolio of rental properties with the focus of living off your rental income. Host, Kirby Atwell, is a firm believer that you can find Financial Freedom through your rental property investing if you set your mind to it and set your goals. He wanted to be able to share this knowledge with everyone who is interested via his podcasts, and he created a social media Facebook group for individuals to share, discuss and ask questions with other like-minded individuals. In today’s episode, we reflect on the past year and visit a couple highlights from two podcast that are really timely as you wrap up your year and focus on next years goals. You don’t want to miss this episode! Enjoy! Key Takeaways Andy McFarland’s background, how he got started, and what he learned A comparison of Andy’s early years to now Key players in Andy McFarland’s team What drives him and what are his goals Amanda Hahn’s background What Amanda Hahn suggests for rental investors getting started Perks of a real estate professional from a tax perspective Records that should be kept throughout the year Links: Living Off Rentals Facebook group: www.facebook.com/groups/livingoffrentals Living Off Rentals YouTube channel: https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1 Podcast Links: Andy McFarland https://podcasts.apple.com/us/podcast/building-team-systems-to-scale-your-operation-andy/id1498343271?i=1000487893162 Amanda Hahn https://podcasts.apple.com/us/podcast/big-tax-savings-for-rental-property-investors-amanda/id1498343271?i=1000488574933 Youtube Highlights: Andy McFarland                https://youtu.be/UTNQ4Fvlmds                https://youtu.be/ctmG96ox6gc                https://youtu.be/qMq9mPlYkJI                https://youtu.be/684kQOxE9p0                https://youtu.be/Yc4Vd11l7NE Amanda Hahn                https://youtu.be/WCiiJFXBmx0                https://youtu.be/5dUcha5ivyA                https://youtu.be/XmxTaqRenpw                Links: Andy McFarland on Flip Hacking Live - https://7figureflipping.com/7ff-256-andy-mcfarland-on-leadership-struggles-and-profit-3-million/ Flip Hacking Live - https://fliphackinglive.com/virtual2020 Money Dials - https://www.iwillteachyoutoberich.com/blog/money-dials/ DiSC Assessment - https://www.discprofile.com/ Kolbe Index - https://www.kolbe.com Culture Index - https://www.cindexinc.com The Predictive Index - https://www.predictiveindex.com Amanda Han’s Profile in BiggerPockets - https://www.biggerpockets.com/blog/contributors/amandahan Keystone CPA, Inc. Website - www.keystonecpa.com Living Off Rentals FB Group - https://www.facebook.com/groups/LivingOffRentals/   Profiles and Books: I Love Real Estate Stories Website - http://www.iloverealestatestories.com I Love Real Estate Stories Facebook - https://www.facebook.com/iloveREstories I Love Real Estate Stories YouTube - https://www.youtube.com/channel/UCbeGfP8EfyHeVF6W9lrjvbg?sub_confirmation=1 Enlight Homebuyers Website - https://enlighthomebuyers.com The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful Techniques Anyone Can Use to Deduct More, Invest Smarter, and Pay Far Less to the IRS - https://www.amazon.com/Book-Strategies-Savvy-Estate-Investor-ebook/dp/B01BWDHLTQ/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr= The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors - https://www.amazon.com/Book-Advanced-Tax-Strategies-Investors-ebook/dp/B0846GTYGK/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=  

Multifamily Live
771. You Have Permission to Succeed In Life with Andy McFarland

Multifamily Live

Play Episode Listen Later Oct 14, 2020 17:00


Andy McFarland launched the 7 Figure Flipping Mastermind with his friend Justin Williams in 2016. His overwhelming passion for education and people has poured into the group and inspired many of the current leaders to their success. He originally began his mentoring path with the I Love Real Estate Stories project in 2014. He bought his first investment property in 2003, and since that time he has bought and sold over 1,500 properties. He is the owner of Enlight Home Buyers which currently purchases over 200 homes per year across Utah, New Mexico, and Indiana. He owns a variety of rental properties in multiple states including single-family homes, apartment complexes, and storage units. He resides in Utah with his amazing wife and their four children. ------------------------------------------------------------------------ Register to Flip Hacking Live NOW!  Visit www.fliphackinglive.com and use the code "JP" to get a $100 off the registration fee. ------------------------------------------------------------------------ Thank you so much for listening! WE ARE SO GRATEFUL!!!! As always, don't forget to rate, review, and subscribe for more valuable content. See acast.com/privacy for privacy and opt-out information.

Just Start Real Estate with Mike Simmons
FHL 2018 - Andy McFarland - Selling Seller Financing

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Sep 24, 2020 44:45


Ok guys, thank you for joining me, thank you for being here on Just Start Real Estate! I'm excited to have you and I'm excited to be with you for another Thursday show. This is the Thursday show that didn't exist a month ago as we just started doing two shows per week and I am psyched about it! I am trying to turn about the volume on the value that I am offering you on these shows and the Thursday show is something I am really happy about. I am happy to be bringing you more content that I think is going to move the needle for your business. Today, we are continuing our Flip Hacking Live Rewind series and I am just plucking the best of the best, the presentations I really think you missed out on by not seeing them live and giving them to you here. Today we have a presentation from 2018 given by my mentor, Andy McFarland, who I really look up to in this industry, as a person, a businessman, a father, and a husband. If you have had any exposure to Andy or seen him present, you know what I am talking about - he is absolutely the best and smartest of guys. Today, I am bringing you his presentation on Seller Financing. Guys, seller financing is going to be humongous in the next year or two. It's big now, it has always been big, but I think it is going to be especially impactful and useful in your real estate tool belt for you so that you are able to do these types of deals. There is nobody better, no one that has been doing it longer at such a high level than Andy and he is the perfect guy to lay this out for you so that you can start doing seller financing deals. Pay attention to this one - Andy really brings it in this presentation and I know it is going to blow your mind! Seller financing, as Andy explains it, is easy to follow and easy to implement and you should be doing this in your business! Notable Quotes: “Gotta learn to look at all the angles.” MacGyver “You can't effectively sell what you don't believe.” “No one cares how much you know until they know how much you care.” “There is no microwave trust.” “You show that you care by active listening.” “Listening is not waiting to talk.” “Start and end your day with this: Have I done any good in the world today?” Links: Flip Hacking Live 7 Figure Flipping Andy's Website ABC Offer Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

7 Figure Flipping with Bill Allen
[386] 17 Years in 45 Minutes

7 Figure Flipping with Bill Allen

Play Episode Listen Later Sep 24, 2020 60:49


I call Andy McFarland the “Godfather” of real estate wholesaling.He’s one of the top wholesalers in the nation.He’s been doing this for more than 17 years.He’s seen some big changes.He’s made mistakes.He’s learned what works and what doesn’t.What if you could tap into everything he knows in just 45 minutes?What if you could fast-track Andy’s journey to success……and follow it step by step instead of figuring it out through trial and error?This is what Andy and I are talking about in today’s episode of the 7 Figure Flipping Podcast.Andy is taking us back through 4 years of Flip Hacking LIVE events… what it was like, what he learned, how the event has changed, and how it’s changed him.Along the way, he shares a sneak peek at what he’s planning to present this year.(It’s all about cramming 17 years of knowledge into 45 minutes.)Listen in now!Links and ResourcesThe past 2 years at Flip Hacking LIVE, we’ve raised hundreds of thousands of dollars to support Operation Underground Railroad. These guys are on the front lines working to save children from sex trafficking and slavery around the world. They’re doing incredible work. To learn more, check out the full-length documentary that takes you inside their rescue missions. WARNING: This is not for the faint of heart. Watch now and become part of the abolitionist movement at OURFILM.org.- CLICK HERE: OURFILM.orgIn this episode we heard Andy’s thoughts and reflections on the past 4 years of Flip Hacking LIVE. I recently took my own trip down memory lane in this video that I posted on the 7FF YouTube channel. Want to see how FHL has impacted my business and my life? Watch the video here!- CLICK HERE: https://www.youtube.com/watch?v=zQVfdxN1xiMFor the first time ever, Flip Hacking LIVE is going VIRTUAL. We’re bringing this event to YOU, right in your home! And it’s going to be incredible. But spots are limited… hit the link below to get your ticket to Flip Hacking LIVE today!- CLICK HERE: FlipHackingLIVE.comI'm going to give you an exact blueprint to follow to raise hundreds of thousands of dollars in private funding for your real estate business over the next 30 days. I asked myself, "If I could go back 5 years and teach myself everything I wish I had known about private funding back when I was first getting started, how would I do it? That's where the 30 Days to $500k Challenge came from... learn more at the link below!- CLICK HERE: 500kChallenge.comFollow the 7-Day Flip series on YouTube! Can Tyler Jensen and his team flip 4 houses in 7 days? (Start to finish, full renovations?) Subscribe to the 7 Figure Flipping YouTube channel and watch the whole series!- CLICK HERE: Subscribe on YouTube!====================Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listenFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/ See acast.com/privacy for privacy and opt-out information.

Just Start Real Estate with Mike Simmons
FHL 2018 - Andy McFarland - Selling Seller Financing

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Sep 24, 2020 44:45


Ok guys, thank you for joining me, thank you for being here on Just Start Real Estate! I’m excited to have you and I’m excited to be with you for another Thursday show. This is the Thursday show that didn’t exist a month ago as we just started doing two shows per week and I am psyched about it! I am trying to turn about the volume on the value that I am offering you on these shows and the Thursday show is something I am really happy about. I am happy to be bringing you more content that I think is going to move the needle for your business. Today, we are continuing our Flip Hacking Live Rewind series and I am just plucking the best of the best, the presentations I really think you missed out on by not seeing them live and giving them to you here. Today we have a presentation from 2018 given by my mentor, Andy McFarland, who I really look up to in this industry, as a person, a businessman, a father, and a husband. If you have had any exposure to Andy or seen him present, you know what I am talking about - he is absolutely the best and smartest of guys. Today, I am bringing you his presentation on Seller Financing. Guys, seller financing is going to be humongous in the next year or two. It’s big now, it has always been big, but I think it is going to be especially impactful and useful in your real estate tool belt for you so that you are able to do these types of deals. There is nobody better, no one that has been doing it longer at such a high level than Andy and he is the perfect guy to lay this out for you so that you can start doing seller financing deals.   Pay attention to this one - Andy really brings it in this presentation and I know it is going to blow your mind! Seller financing, as Andy explains it, is easy to follow and easy to implement and you should be doing this in your business!  Notable Quotes:   “Gotta learn to look at all the angles.”   MacGyver     “You can’t effectively sell what you don’t believe.”   “No one cares how much you know until they know how much you care.”   “There is no microwave trust.”   “You show that you care by active listening.”   “Listening is not waiting to talk.”   “Start and end your day with this: Have I done any good in the world today?” Links: Flip Hacking Live 7 Figure Flipping Andy’s Website ABC Offer Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

We Love Equity Real Estate Show
W.L.E.R.E. #27: From 1zy, 2zy to Over 200 Wholesale Deals A Month with Andy McFarland

We Love Equity Real Estate Show

Play Episode Listen Later Sep 21, 2020 64:03


In this episode, Andy talks about how he broke the scarcity mindset to push him to multimillionaire status!   Listen and learn actionable tips and key metrics that will help you along your journey. The stories shared will inspire and the content will help expedite your learning. Andy McFarland launched the 7 Figure Flipping Mastermind with his friend Justin Williams in 2016. His overwhelming passion for education and people has poured into the group and inspired many of the current leaders to their success. He originally began his mentoring path with the I Love Real Estate Stories project in 2014. He bought his first investment property in 2003, and since that time he has bought and sold over 1,500 properties. He is the owner of Enlight Home Buyers which currently purchases over 200 homes per year across Utah, New Mexico, and Indiana. He owns a variety of rental properties in multiple states including single-family homes, apartment complexes, and storage units. He resides in Utah with his amazing wife and their four children. You'll learn:  3:56-4:35 How a treehouse helped him with 3 real estate strategies in his 1st deal.         5:55 Financing his 1st deal 8:22 When you have no option what do you do? 10:10 “Cashflow Lightbulb” 10:47 Benny his 1st mentor unexpectedly & seller finance deal 12:22 Accidental wholesale situation 13:49 Mindset shift how he built his team 18:45 Using a COO & Traction to help scale his business 21:00 Creating a team with only closing 2 deals a month 21:52 Permission to be bigger 24:30 AHA Moment 25:21 How he expanded his wholesaling university 29:30 Removing the scarcity mentality to be your best 29:43 Team member roles 31:30 Marketing to make millions 32:32 Keys to Success 36:15 Transitioning to new markets, how to accomplish this? 39:30 Building buyers list in new markets 41:13 The easy button buyer error 46:07 Know your business through KPI Tracking 48:50 HOT SEAT Questions 52:57 Success is a huge challenge 58:46 Flip Hacking Live   Connect with Andy McFarland Flip Hacking Live Book/Resources Request: Level Jumping by Mike Simmons  Success is Never Final by Dale Van Atta  Almighty by David Butler      ---------------------------------------------------- Thanks for listening and if you enjoyed this episode, please share it on social media using the social share buttons below and subscribe for new episode every week!   FREEBIES: GET YOUR 15 Minutes Free Consultation Purchase Contract  Assignment Agreement Link 15 Questions to validate your seller JOIN OUR CONVERSATIONS: Facebook Facebook group Twitter  Instagram Linkedin Website Also, find the show on Feedspot Enjoy the Real Estate Journey!

Just Start Real Estate with Mike Simmons
FHL 2017 - Andy McFarland - 25 Deals a Month and Over $4M in Revenue

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Sep 3, 2020 53:11


The first Thursday installment of Just Start Real Estate in several years features someone I am really proud to call a friend and who has had more influence over my real estate growth in the last five years than any other human being on Planet Earth. That is because he is someone who is not only highly successful, but he also does it the right way as he is a good person. He is someone I look up to and look to as a mentor. He has been on the show before, his name is Andy McFarland, and he did a presentation at a past Flip Hacking Live which is as true now as it was in 2017. It is a presentation I have listened to more than once and it is one that I think listeners will go back to and revisit again and again. Andy gets into what he calls “blocking and tackling,” which is a term for getting back to the basics. He explains what it is that makes your company strong and in a position to scale, as opposed to throwing a bunch of new-fangled things at it. For real estate investors, “blocking and tackling” is leads and conversions. Andy dives deep into this subject matter and also talks about preparation, pre-work before appointments, and hiring. At the end of the presentation, Andy also has a Q&A session, handling questions from the audience. This is an incredibly powerful presentation, one that I listen to any time I feel my business has gotten off-track a bit. Don't miss this opportunity to get a sneak peek into Flip Hacking Live and a small piece of what this event has to offer with this talk by Andy McFarland! Notable Quotes: “All of us here in America have huge, limitless opportunities.” “We all have a pot of gold here by virtue of the fact that we live in the United States.” “In every man there is something wherein I may learn of him, and in that, I am his pupil.” Ralph Waldo Emerson “You have permission to be bigger.” “Not all success is measured in numbers.” “The secret to success is there is no secret. It is the basics - blocking and tackling.” Chris Gardner “Do what others are unwilling to do.” “If you are not answering your phone and are spending money on marketing, you are wasting your money.” “The key is preparation.” “Always continue your education.” “Are you willing to do this? Are you willing to prepare?” “Discover your truth about that property.” “We can't see something we don't believe in.” “Show up on time.” “Be real. Build rapport. Listen.” “It is 90% preparation.” “You need to be able to get things done through other people.” Links: Flip Hacking Live 7 Figure Flipping Andy's Website ABC Offer Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

Just Start Real Estate with Mike Simmons
FHL 2017 - Andy McFarland - 25 Deals a Month and Over $4M in Revenue

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Sep 3, 2020 53:11


The first Thursday installment of Just Start Real Estate in several years features someone I am really proud to call a friend and who has had more influence over my real estate growth in the last five years than any other human being on Planet Earth. That is because he is someone who is not only highly successful, but he also does it the right way as he is a good person. He is someone I look up to and look to as a mentor. He has been on the show before, his name is Andy McFarland, and he did a presentation at a past Flip Hacking Live which is as true now as it was in 2017. It is a presentation I have listened to more than once and it is one that I think listeners will go back to and revisit again and again. Andy gets into what he calls “blocking and tackling,” which is a term for getting back to the basics. He explains what it is that makes your company strong and in a position to scale, as opposed to throwing a bunch of new-fangled things at it. For real estate investors, “blocking and tackling” is leads and conversions. Andy dives deep into this subject matter and also talks about preparation, pre-work before appointments, and hiring. At the end of the presentation, Andy also has a Q&A session, handling questions from the audience.   This is an incredibly powerful presentation, one that I listen to any time I feel my business has gotten off-track a bit. Don’t miss this opportunity to get a sneak peek into Flip Hacking Live and a small piece of what this event has to offer with this talk by Andy McFarland! Notable Quotes:   “All of us here in America have huge, limitless opportunities.”   “We all have a pot of gold here by virtue of the fact that we live in the United States.”   “In every man there is something wherein I may learn of him, and in that, I am his pupil.”   Ralph Waldo Emerson     “You have permission to be bigger.”   “Not all success is measured in numbers.”   “The secret to success is there is no secret. It is the basics - blocking and tackling.”   Chris Gardner     “Do what others are unwilling to do.”   “If you are not answering your phone and are spending money on marketing, you are wasting your money.”   “The key is preparation.”   “Always continue your education.”   “Are you willing to do this? Are you willing to prepare?”   “Discover your truth about that property.”   “We can’t see something we don’t believe in.”   “Show up on time.”   “Be real. Build rapport. Listen.”   “It is 90% preparation.”   “You need to be able to get things done through other people.” Links: Flip Hacking Live 7 Figure Flipping Andy’s Website ABC Offer Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

7 Figure Flipping with Bill Allen
[378] How to Use the Seller’s Money to Put Houses Under Contract (Seller Financing Secrets With Andy McFarland)

7 Figure Flipping with Bill Allen

Play Episode Listen Later Aug 27, 2020 48:13


Andy McFarland is the “Godfather” of seller financing.He uses seller funding in almost 25% of his deals.And at Flip Hacking LIVE 2018, he broke down how he does it……including some huge “aha” moments that will UNLOCK the possibilities of seller financing for you.(Like “borrowing” sellers’ money to use on your OTHER houses…?)This stuff is mind blowing…And I’m sharing his ENTIRE presentation from Flip Hacking LIVE 2018 today on the 7 Figure Flipping podcast because I want you to see what REALLY goes on at this event.This is one episode you DON’T want to miss.Listen in now!Links and ResourcesAndy is going to be speaking at Flip Hacking LIVE again this year (2020). And for the first time ever, Flip Hacking LIVE is going VIRTUAL. We’re bringing this event to YOU, right in your home! It’s going to be incredible. But spots are limited… hit the link below to get your ticket to Flip Hacking LIVE today!- CLICK HERE: FlipHackingLIVE.comI'm going to give you an exact blueprint to follow to raise hundreds of thousands of dollars in private funding for your real estate business over the next 30 days. I asked myself, "If I could go back 5 years and teach myself everything I wish I had known about private funding back when I was first getting started, how would I do it? That's where the 30 Days to $500k Challenge came from... learn more at the link below!- CLICK HERE: 500kChallenge.comFollow the 7-Day Flip series on YouTube! Can Tyler Jensen and his team flip 4 houses in 7 days? (Start to finish, full renovations.) Time will tell... We'll be releasing a new episode every week till the end. Subscribe to the 7 Figure Flipping YouTube channel to get future episodes as they're released!- CLICK HERE: Subscribe on YouTube!====================Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listenFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/ See acast.com/privacy for privacy and opt-out information.

Flip Hacking LIVE Podcast
[012] Seller Finance Secrets (Andy McFarland at Flip Hacking LIVE)

Flip Hacking LIVE Podcast

Play Episode Listen Later Aug 26, 2020 27:43


Andy McFarland is the “Godfather” of seller financing.He uses seller funding in almost 25% of his deals.And at Flip Hacking LIVE 2018, he broke down exactly how he does it… including some huge “aha” moments that will UNLOCK the possibilities of seller funding for you.I’m sharing a (long!) clip from that presentation here.This is one episode you DON’T want to miss…Listen in now!====================Want to hear the whole presentation (not just the clip I've put here)? Want to go deeper into seller financing?When you sign up for Flip Hacking LIVE using the promo code "FHLPODCAST," you'll get access to the video recordings of all 4 of our past Flip Hacking LIVE events (2016, 2017, 2018, and 2019), including Andy's entire seller finance presentation.But that's not all...I'm also including a 4-part intensive seller financing course Andy created for our mastermind-level members. This is something we've sold for $1500+ in the past... but you'll get it FREE when you register for Flip Hacking LIVE 2020.Just this one training is worth 4X the price of a "virtual ticket" to Flip Hacking LIVE...But you're going to get so much more than that.The best part? Andy is going to be speaking at Flip Hacking LIVE again this year. So you'll get to tap into even more of his knowledge and expertise on October 15-17.Head over to FlipHackingLIVE.com and use the promo code FHLPODCAST to sign up now and get ALL the bonuses!====================For the first time ever, the Flip Hacking LIVE event is going VIRTUAL. We’re bringing this event to YOU, right in your home! And it’s going to be incredible. But spots are limited… hit the link below to get your ticket to Flip Hacking LIVE today!- Flip Hacking LIVE: https://fliphackinglive.com/Want me to answer YOUR questions live on this podcast? Jump into my free Facebook group “7 Figure House Flipping & Wholesaling” and post a question (make sure you mention that it’s for the Flip Hacking LIVE podcast), and I’ll do my best to address it in a future episode! Click below to join the Facebook group…- Facebook Group: https://www.facebook.com/groups/fliphacking/I run a longer, more in-depth podcast called 7 Figure Flipping which is set up with a more traditional “interview” format. If you want to go deeper into the topics covered here, make sure to check out 7 Figure Flipping and subscribe there as well!- 7 Figure Flipping Podcast: https://7figureflipping.com/listen/I’m going to give you an exact blueprint to follow to raise hundreds of thousands of dollars in private funding for your real estate business over the next 30 days. I asked myself, “If I could go back 5 years and teach myself everything I wish I had known about private funding back when I was first getting started, how would I do it? That’s where the 30 Days to $500k Challenge came from… learn more at the link below!- Private Funding Challenge: https://www.500kchallenge.com/ See acast.com/privacy for privacy and opt-out information.

Living Off Rentals
#26 - Building a Team and Systems to Scale Your Operation - Andy McFarland

Living Off Rentals

Play Episode Listen Later Aug 12, 2020 39:39


I’ve been looking forward to today’s interview since I’ve heard so many wonderful things about today’s guest. Andy McFarland is a successful real estate investor, retail flipper, landlord, speaker, educator, and coach. He is also a great human being.  Andy is also the founder and CEO of Enlight Homebuyers, a successful real estate investment company. Together with his brother, Andy created I Love Real Estate Stories where he shares real estate videos that entertain, educate, and inspire. In this episode, we’ll pick Andy’s brains and discover how he successfully built his team and how he created the current system he has in place. If you’re ready to take your business to the next level and would like to know how you can successfully do it, this episode is for you! Key Takeaways His background and how he got into real estate What his early investing years looked like compared to now When he started to see some progress How his team is set up now The key players in his team Who to hire first and how things all come together Personality assessment he recommends and how he implements it when hiring What his week looks like now How he decides how he spends his week How he gauges what properties to keep Certain characteristics he sees in people who succeed or struggle What drives him and what his goals are Best way for people to know about him and what he’s involved in   Links Andy McFarland on Flip Hacking Live - https://7figureflipping.com/7ff-256-andy-mcfarland-on-leadership-struggles-and-profit-3-million/ Flip Hacking Live - https://fliphackinglive.com/virtual2020 Money Dials - https://www.iwillteachyoutoberich.com/blog/money-dials/ DiSC Assessment - https://www.discprofile.com/ Kolbe Index - https://www.kolbe.com Culture Index - https://www.cindexinc.com The Predictive Index - https://www.predictiveindex.com Profiles I Love Real Estate Stories Website - http://www.iloverealestatestories.com I Love Real Estate Stories Facebook - https://www.facebook.com/iloveREstories I Love Real Estate Stories YouTube - https://www.youtube.com/channel/UCbeGfP8EfyHeVF6W9lrjvbg?sub_confirmation=1 Enlight Homebuyers Website - https://enlighthomebuyers.com Book Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert T. Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 The Richest Man in Babylon by George S. Clason - https://www.amazon.com/Richest-Man-Babylon-Ancients-Inspiring-ebook/dp/B07BB5N17S  

The Flip Empire Show
EP438: Andy McFarland Shares Valuable Insights on the Market, and How You Can Take Advantage

The Flip Empire Show

Play Episode Listen Later Aug 10, 2020 47:22


Andy McFarland has been a real estate investor since 2002 and currently runs a real estate company with a team of 13 in Utah. In this episode, Andy shares the importance of attending seminars and investing in yourself. He also offers advice on what's working in 2020 despite Covid-19 changing our plans!  Key Takeaways: Alex is joined by one of Alex's favorite people, Andy McFarland.  What does Andy's business look like today? Andy USED to believe that if you wanted something done right, you had to do it yourself. Listen in to see how that has changed!  How does Andy manage his team of 13 people?  Andy talks about hiring the right people!  God puts the right people in your life; Everything happens for a reason!  Sometimes we grind so hard that we end up repelling the things we actually want.   Andy shares a bit of his routine and what he does to improve and sustain a good mindset. Listen to see how this can work for you! Figure out what empowers you and do more of that! Why does Andy still choose to invest in himself despite being successful at what he does? What's working right now for Andy's business? COVID hasn't hurt Andy; people are going crazy right now and Andy's profit margins have gone through the roof! Direct mail marketing has been a staple for Andy.  Andy shares the kind of leads he's been seeing with PPC and Facebook.  Marketing doesn't have to be hard, just be consistent with it and practice a bit of common sense.  Seek first to understand before trying to be understood.  Join the Flip Hacking Live event this October!   MENTIONED IN THIS EPISODE: Will you be at Flip Hacking Live? Claim Your Spot at the #1 Event for Impact-Driven House Flippers & Wholesalers! Connect with Andy: Enlighthomebuyers.com EP142: Andy McFarland on Growing Your Wholesaling Business from One Deal to 30 Deals a Month   OTHER RESOURCES: Get Access Now: Free 5 Part Video Training Series on "How To Quickly Generate The Most Qualified Motivated Seller Leads & Produce High Margin Deals WITHOUT Investing a Bunch Of Your Time and Money" Stand Out, Convert More Leads, Close More Deals:The #1 Inbound Online Lead Generation System For Serious Real Estate Professionals Join Our 30 Day Authority Building Challenge… Are you a real estate investor or agent and want to dominate your market, build a consistent and predictable lead flow, and earn more income? We've got you covered! Join our next 30 Day Authority Building Challenge today! To start, simply choose investor or agent to learn more about how you can reach a new level of success in just a few minutes a day! JOIN THE INVESTOR CHALLENGE Marketing Plan Generator Uncover the #1 Reason Real Estate Investors and Agents Struggle in Their Marketing Strategy Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life:

Income Hacker with Ryan G. Wright
The Truth About Wholesaling With Andy McFarland

Income Hacker with Ryan G. Wright

Play Episode Listen Later Aug 5, 2020 46:49


Today’s guest is a great friend of mine, Andy McFarland. He founded 7 Figure Flipping Mastermind back in 2016. With a passion for education and mentoring others to become successful. We talk about real estate, how to get started with wholesaling, wholesaling vs fix & flip, and leaving a legacy.

7 Figure Flipping with Bill Allen
[365] How to Use Seller Financing to Close MORE Deals (Exact Steps, Documents, Negotiation, & Strategies)

7 Figure Flipping with Bill Allen

Play Episode Listen Later Jul 14, 2020 33:21


NOTE: To get the most out of this episode, watch the VIDEO version at 7FigureFlipping.com!We just held an incredible 2-day virtual event this past weekend called 7 Figure Flipping Accelerator.It was awesome.I brought 9 of the best real estate investors I know onto a live Zoom stream with me for 2 days to share what’s working in their businesses… their secrets, strategies, and hacks for today’s market.We dug into topics like…Virtual wholesaling…Managing cash flow…Seller financing…Hiring and leading your team…Raising private funds…Partnerships and business growth……and more.If you missed it, you missed an incredible event.Today on the podcast, I’ve got something special for you…I’m taking you behind the scenes of one of the presentations from this event.Andy McFarland is one of the top wholesalers in the nation. He also flips houses and holds rentals. He and his team do a couple hundred deals per year……and of those deals, fully 25% of them involve some amount of seller financing.Andy uses seller finance extensively to lock up deals that wouldn’t be possible without it (where the numbers wouldn’t make sense otherwise). He has “cracked the seller finance code.” And in this episode, he’s breaking down how he does it.If you missed the 7 Figure Flipping Accelerator event, listen in to catch Andy’s presentation now.And make sure to go to 7FigureFlipping.com to watch the video version so you can see all the details!Links and ResourcesI'm going to give you an exact blueprint to follow to raise hundreds of thousands of dollars in private funding for your real estate business over the next 30 days. I asked myself, "If I could go back 5 years and teach myself everything I wish I had known about private funding back when I was first getting started, how would I do it? That's where the 30 Days to $500k Challenge came from... learn more at the link below!- CLICK HERE: 500kChallenge.comFollow the 7-Day Flip series on YouTube! Can Tyler Jensen and his team flip 4 houses in 7 days? (Start to finish, full renovations.) Time will tell... We'll be releasing a new episode every week till the end. Subscribe to the 7 Figure Flipping YouTube channel to get future episodes as they're released!- CLICK HERE: Subscribe on YouTube!Flip Hacking LIVE tickets for October 2020 are available now… and seats are filling up fast. If you want to learn the exact systems and strategies the nation’s top house flippers and wholesalers are using to flip 100s of houses per year, reserve your spot now. Sign up below!- CLICK HERE: FlipHackingLIVE.com====================Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listenFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/ See acast.com/privacy for privacy and opt-out information.

The Creative Financing Podcast
Ep 114 Pt.2 What Every Creative Financing Deal Begins With; An Interview With Andy McFarland

The Creative Financing Podcast

Play Episode Listen Later Jul 13, 2020 57:32


On this episode we interview Andy McFarland, who has used Creative Financing from day one in his 17 year career flipping and wholesaling houses. He started when he was 23 after getting fired from his job for skateboarding on a dock where he would unload trucks. Now he currently wholesales and flips houses in 3 different states. But more than the glitz and glamour of the volume and size of transactions that he does, Andy really emphasizes the point that success comes from solving other people's problems. He teaches that, "if you help enough other people get what they want, you can get what you want." That's straight from the mouth of Zig Ziggler. He also stresses the fact that it is far more important to listen and to understand the needs of your Sellers than it is to push your own agenda or expertise. "First seek to understand and then to be understood." which is a quote from the late Stephen Covey who wrote; The 7 Habits Of Highly Effective People. Andy truly embodies these principles in his approach to life and business. The biggest take away from our interview, is Andy's approach to helping and serving people first and foremost, putting your own desires and priorities second. Every Creative Financing Deal begins with meeting the needs of your Sellers. Hope you enjoy.  To meet Andy in person and be a part of an incredible event visit: https://fliphackinglive.com/2020. This is a high level, 3-day event that brings you the best of the best in the industry today. And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

The Creative Financing Podcast
Ep 113 Pt. 1 What Every Creative Financing Deal Begins With; An Interview With Andy McFarland

The Creative Financing Podcast

Play Episode Listen Later Jul 6, 2020 37:18


On this episode we interview Andy McFarland, who has used Creative Financing from day one in his 17 year career flipping and wholesaling houses. He started when he was 23 after getting fired from his job for skateboarding on a dock where he would unload trucks. Now he currently wholesales and flips houses in 3 different states. But more than the glitz and glamour of the volume and size of transactions that he does, Andy really emphasizes the point that success comes from solving other people's problems. He teaches that, "if you help enough other people get what they want, you can get what you want." That's straight from the mouth of Zig Ziggler. He also stresses the fact that it is far more important to listen and to understand the needs of your Sellers than it is to push your own agenda or expertise. "First seek to understand and then to be understood." which is a quote from the late Stephen Covey who wrote; The 7 Habits Of Highly Effective People. Andy truly embodies these principles in his approach to life and business. The biggest take away from our interview, is Andy's approach to helping and serving people first and foremost, putting your own desires and priorities second. Every Creative Financing Deal begins with meeting the needs of your Sellers. Hope you enjoy.  To meet Andy in person and be a part of an incredible event visit: https://fliphackinglive.com/2020. This is a high level,  3-day event that brings you the best of the best in the industry today. And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

Just Start Real Estate with Mike Simmons
Real Estate vs. COVID-19: Round Table Discussion

Just Start Real Estate with Mike Simmons

Play Episode Listen Later May 4, 2020 62:04


For this episode, I have invited four of my friends and fellow real estate investors to talk about their specific market experiences thus far during the COVID-19 pandemic. I asked each of them to introduce themselves and tell us a little bit about their business. Adam Rae lives in Colorado Springs and operates his business in southern Colorado. His business works in wholesaling, flipping, and rental properties. Andy McFarland lives in Utah and is also involved in wholesaling, flipping, and owns rentals in three different markets: Salt Lake City Utah, Albuquerque, NM, and Indianapolis, Indiana. Jeremiah Johnson runs his business remotely from his home just outside of Denver and does primarily wholesaling in the markets of Wichita and Kansas City. Terry Burger does business in the markets of Atlanta Georgia and Greenville, South Carolina, performing primarily flips. We began by discussing our different states and markets and the limitations we are seeing with the varied stay-at-home orders and how that has immediately affected our businesses. With the US economy impacted so severely by the pandemic, we all shared our projections about the real estate market going forward. We also considered how the different facets of the business could be influenced by the response of buyers, sellers, and lenders. We talked about different ways we have all implemented some cost-saving measures internal to our businesses, as well. This episode is filled with “actionable intelligence” that will benefit investors of all kinds, in any state of business development. Notable Quotes: “History does not repeat itself, but it often rhymes.” Mark Twain “Real estate is the local perception of a national opinion.” “Our asset class is looking pretty sexy right now.” “We're not going back to living in tents anytime soon.” “Real estate is a slow-moving animal and you aren't going to miss the boat if you don't buy something tomorrow.” “I think your grandma's economics still work here… live on less than you make, invest the difference, have cash reserves, have staying power.” “I wrote down “actionable intelligence” - I absolutely love that and need to make it part of my vocabulary.” “It is important to develop empathy and not ego through this.” Links: Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months 7FF Video Vault 7 Figure Flipping Adam Rae's Website Andy McFarland's Website Jeremiah Johnson's Website Terry Burger's Website

Just Start Real Estate with Mike Simmons
Real Estate vs. COVID-19: Round Table Discussion

Just Start Real Estate with Mike Simmons

Play Episode Listen Later May 4, 2020 62:04


For this episode, I have invited four of my friends and fellow real estate investors to talk about their specific market experiences thus far during the COVID-19 pandemic. I asked each of them to introduce themselves and tell us a little bit about their business. Adam Rae lives in Colorado Springs and operates his business in southern Colorado. His business works in wholesaling, flipping, and rental properties. Andy McFarland lives in Utah and is also involved in wholesaling, flipping, and owns rentals in three different markets:  Salt Lake City Utah, Albuquerque, NM, and Indianapolis, Indiana. Jeremiah Johnson runs his business remotely from his home just outside of Denver and does primarily wholesaling in the markets of Wichita and Kansas City. Terry Burger does business in the markets of Atlanta Georgia and Greenville, South Carolina, performing primarily flips. We began by discussing our different states and markets and the limitations we are seeing with the varied stay-at-home orders and how that has immediately affected our businesses. With the US economy impacted so severely by the pandemic, we all shared our projections about the real estate market going forward. We also considered how the different facets of the business could be influenced by the response of buyers, sellers, and lenders. We talked about different ways we have all implemented some cost-saving measures internal to our businesses, as well. This episode is filled with “actionable intelligence” that will benefit investors of all kinds, in any state of business development.   Notable Quotes:   “History does not repeat itself, but it often rhymes.” Mark Twain   “Real estate is the local perception of a national opinion.”   “Our asset class is looking pretty sexy right now.”   “We’re not going back to living in tents anytime soon.”   “Real estate is a slow-moving animal and you aren’t going to miss the boat if you don’t buy something tomorrow.”   “I think your grandma’s economics still work here… live on less than you make, invest the difference, have cash reserves, have staying power.”   “I wrote down “actionable intelligence” - I absolutely love that and need to make it part of my vocabulary.”   “It is important to develop empathy and not ego through this.” Links: Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months 7FF Video Vault 7 Figure Flipping Adam Rae's Website Andy McFarland's Website Jeremiah Johnson's Website Terry Burger's Website

7 Figure Flipping with Bill Allen
[336] Essential Traits: Surviving Tough Times with Passion

7 Figure Flipping with Bill Allen

Play Episode Listen Later Apr 8, 2020 64:17


In this episode, Bill Allen talks with real estate entrepreneur, Andy McFarland, to discuss one of the “six essential traits” Gino Wickman says every entrepreneur must have: passion. Gino’s book, Entrepreneurial Leap, identifies passion as one of the absolute essentials to success as an entrepreneur, and very few people in the real estate world exemplify passion like Andy McFarland. Andy is a wholesaler, a retail flipper, a landlord, and the founder and CEO of Enlight Homebuyers. Andy has been a mentor to Bill and an inspirational leader to many.You can find Andy on Twitter @AndyMcFarland, and learn more about his business at https://enlighthomebuyers.com/. Enjoy the podcast? Subscribe and leave us a review!To hear all episodes of the podcast, visit https://7figureflipping.com/podcast. See acast.com/privacy for privacy and opt-out information.

7 Figure Flipping with Bill Allen
[317] The 17-Year Journey to “Overnight” Success in Real Estate Investing

7 Figure Flipping with Bill Allen

Play Episode Listen Later Feb 4, 2020 74:18


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’ll let him tell the whole story, but to give you an idea of what I mean…There was a point where he didn’t want to keep on living.There was a point where he was effectively homeless, with only the clothes on his back.And then, there was a point where he ended up sitting on an airplane next to a guy named Andy McFarland.Andy is one of the top wholesalers in the nation. He’s one of the founding leaders of 7 Figure Flipping. And in addition to his wholesaling operation, he also flips houses and holds a rental portfolio.Chad, it turns out, was living in one of Andy’s rentals at the time.And one year ago, in February 2019, they found themselves sitting side by side on a flight to Colorado. (Check out the photo for proof.)That moment changed everything for Chad…So I asked him to join me on the podcast today to share his story and talk about how he’s building his real estate investing business faster than just about anyone else I know.If you’re ready to see an incredible story of personal transformation……then this episode is for you.Oh, and remember how I said Chad was sitting next to Andy on a plane one year ago?The day of that flight was February 4th, 2019.Completely by accident, we’re releasing this podcast on February 4th, 2020, exactly one year later.Coincidence? Or something more? That’s for you to decide…Let’s dive in!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating and a review so other investors who want to ramp up their own house flipping / wholesaling businesses can find us and get in on the good stuff! See acast.com/privacy for privacy and opt-out information.

Just Start Real Estate with Mike Simmons
Being a good person and success in business

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Feb 3, 2020 62:55


In this episode, I'm joined by Andy McFarland. Andy is not only a successful investor and mentor, but also a close personal friend. He and I have traveled together as members of the 7 Figure Flipping Mastermind, and his stellar character and willingness to encourage others to succeed have aided him in his journey to becoming a self-made expert in the world of real estate. I first asked Andy to talk about how the world of investing has changed in the last 5 years, the strategies he's implemented, and the lessons he's learned. First, and most importantly, Andy emphasizes the necessity of authenticity within the business. This applies not only to your customers, but your employees, or as Andy calls them, his team. We discuss the (understandable) tendencies of newcomers who are looking for that hidden gem or technique that is sure to help them rise to the top, forgetting that being genuine is what really ensures success. Andy talks about the dangers of cramming sales techniques down the throats of your customers and how that always ends in disaster. Of course, profits matter. Sales matter. But people matter much, much more. In this business, it's not uncommon to have high turnover rates. Andy and I agreed that our teams look much different than they did in the beginning, and more often than not, for good reason. People tend to move on to new avenues and adventures, and what was right for them at a previous time may not be in the future. Andy's business and team have both changed in big ways since their origin, and he's grateful for the lives he's been able to touch every step of the way. Andy also advises leaders to never forget to stay current. He told the story of his struggle to push through a period of frustration with his team, who wasn't implementing certain strategies he was advising. They were never unreceptive, but he noticed that they weren't attempting the encouraged methods. In hopes of understanding their resistance, he went back into the field himself and discovered quickly that the game had changed. His employees had adapted to the new industry, and he had failed to keep up. When he began reconnecting with sellers, he began to feel the benefits of this human element for the first time in a long time. We then dove deep into the blessings of what we do, and why we do it. As a man of faith, Andy believes that God has used his position in this business to meet true, human needs. He recalled a incident of a seller who was in deep, financial decline. Some investors, Andy says, may have been tempted to walk away from the deal, fearful that the investment wouldn't be worth their while. Others may have even taken advantage of this man's desperation. However, Andy chose to show grace and compassion. He listened to the man, and worked alongside him to make a plan that would help him to pick himself up. Though the money made from this investment wouldn't be outrageous, humanity took precedence and Andy was able to bless this family in a way that only he could, simply because he took the time to listen. We ended the discussion on the issue of comparison. Many step into this business with a hope of having more time for what matters to them: time with loved ones, things you enjoy, etc. However, they fall into the never-ending circle of wanting more simply for the sake of having more. When people have a 1 million dollar company, they then want a 10 million dollar company, and then a 100 million dollar company, and so on. Making more money almost always leads to spending more money if you're not wise, and won't bring satisfaction like knowing that you live a life loving others well and impacting them positively. Andy is the guy in our 7 Figure Flipping Mastermind group that we call “the rabbit” because people are always chasing after him for the big secret of success, or simply because his realness is so attractive. Give this episode a listen to hear his best-advised tactic, which really isn't a tactic at all. For more information on our 7 Figure Flipping Mastermind group, feel free to contact me and I'll make sure to get you more information. Notable Quotes: “What have I learned over the years? The people matter. The people matter in all aspects of the business. Your business is your people.” -Andy McFarland “What I want most is have an impact on people's lives. Not a thousand people's lives. I want to have an impact on one person's life, one at a time. And if that happens a thousand times great. -Andy McFarland “There are few people I know in the industry who truly do right by people intentionally and for no gain… or leverage. I think people need to hear that.” -Mike Simmons “I'm not at all saying don't try to make money and grow your business, because you should, because you can do more good that way. But I think building a company that provides income for those who work for you feels better than closing a deal.” –Mike Simmons “Find good people, treat them well.” –Mike Simmons “We all feel better when we serve people.” –Andy McFarland “The problem is, in the beginning, people are so freaked out about getting a deal that they go in there with that energy and they struggle.” -Michael Simmons “Money amplifies what you already are. It won't change your life. It will just make you more of what you already are.” -Andy McFarland “The reasons why people are unhappy it all boils down to comparison.” -Michael Simmons Links and Resources: https://7figureflipping.com/ https://fliphackinglive.com/ Elite Homebuyers Rich Dad Poor Dad The Total Money Makeover

Just Start Real Estate with Mike Simmons
Being a good person and success in business

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Feb 3, 2020 62:55


In this episode, I’m joined by Andy McFarland. Andy is not only a successful investor and mentor, but also a close personal friend. He and I have traveled together as members of the 7 Figure Flipping Mastermind, and his stellar character and willingness to encourage others to succeed have aided him in his journey to becoming a self-made expert in the world of real estate.   I first asked Andy to talk about how the world of investing has changed in the last 5 years, the strategies he’s implemented, and the lessons he’s learned. First, and most importantly, Andy emphasizes the necessity of authenticity within the business. This applies not only to your customers, but your employees, or as Andy calls them, his team. We discuss the (understandable) tendencies of newcomers who are looking for that hidden gem or technique that is sure to help them rise to the top, forgetting that being genuine is what really ensures success.    Andy talks about the dangers of cramming sales techniques down the throats of your customers and how that always ends in disaster.  Of course, profits matter. Sales matter. But people matter much, much more.   In this business, it’s not uncommon to have high turnover rates. Andy and I agreed that our teams look much different than they did in the beginning, and more often than not, for good reason. People tend to move on to new avenues and adventures, and what was right for them at a previous time may not be in the future. Andy’s business and team have both changed in big ways since their origin, and he’s grateful for the lives he’s been able to touch every step of the way.    Andy also advises leaders to never forget to stay current. He told the story of his struggle to push through a period of frustration with his team, who wasn’t implementing certain strategies he was advising. They were never unreceptive, but he noticed that they weren’t attempting the encouraged methods. In hopes of understanding their resistance, he went back into the field himself and discovered quickly that the game had changed. His employees had adapted to the new industry, and he had failed to keep up. When he began reconnecting with sellers, he began to feel the benefits of this human element for the first time in a long time.   We then dove deep into the blessings of what we do, and why we do it. As a man of faith, Andy believes that God has used his position in this business to meet true, human needs. He recalled a incident of a seller who was in deep, financial decline. Some investors, Andy says, may have been tempted to walk away from the deal, fearful that the investment wouldn’t be worth their while. Others may have even taken advantage of this man’s desperation. However, Andy chose to show grace and compassion. He listened to the man, and worked alongside him to make a plan that would help him to pick himself up. Though the money made from this investment wouldn’t be outrageous, humanity took precedence and Andy was able to bless this family in a way that only he could, simply because he took the time to listen. We ended the discussion on the issue of comparison. Many step into this business with a hope of having more time for what matters to them: time with loved ones, things you enjoy, etc. However, they fall into the never-ending circle of wanting more simply for the sake of having more. When people have a 1 million dollar company, they then want a 10 million dollar company, and then a 100 million dollar company, and so on. Making more money almost always leads to spending more money if you’re not wise, and won’t bring satisfaction like knowing that you live a life loving others well and impacting them positively.   Andy is the guy in our 7 Figure Flipping Mastermind group that we call “the rabbit” because people are always chasing after him for the big secret of success, or simply because his realness is so attractive. Give this episode a listen to hear his best-advised tactic, which really isn’t a tactic at all.    For more information on our 7 Figure Flipping Mastermind group, feel free to contact me and I’ll make sure to get you more information. Notable Quotes: “What have I learned over the years? The people matter. The people matter in all aspects of the business. Your business is your people.” -Andy McFarland   “What I want most is have an impact on people’s lives. Not a thousand people’s lives. I want to have an impact on one person’s life, one at a time. And if that happens a thousand times great. -Andy McFarland   “There are few people I know in the industry who truly do right by people intentionally and for no gain… or leverage. I think people need to hear that.” -Mike Simmons   “I’m not at all saying don’t try to make money and grow your business, because you should, because you can do more good that way. But I think building a company that provides income for those who work for you feels better than closing a deal.”  –Mike Simmons   “Find good people, treat them well.”  –Mike Simmons   “We all feel better when we serve people.”  –Andy McFarland   “The problem is, in the beginning, people are so freaked out about getting a deal that they go in there with that energy and they struggle.” -Michael Simmons   “Money amplifies what you already are. It won’t change your life. It will just make you more of what you already are.” -Andy McFarland   “The reasons why people are unhappy it all boils down to comparison.” -Michael Simmons   Links and Resources: https://7figureflipping.com/ https://fliphackinglive.com/ Elite Homebuyers Rich Dad Poor Dad The Total Money Makeover  

The Flip Empire Show
EP383: A Powerful Story About Leading By Example (from One of the Best Real Estate Investors in the Country)

The Flip Empire Show

Play Episode Listen Later Jan 30, 2020 9:36


Alex recently connected with an old friend, Andy McFarland, and wanted to share a quick lesson he learned from him about leading by example. Thank you for the support and sharing the Flip Empire podcasts with your friends and family! Key Takeaways: Alex is so, so thankful for your support and sharing this podcast.  Alex was having a conversation with Andy McFarland.  Andy decided to go back to doing seller appointments on his own.  Andy hadn't been on an appointment himself in over 6 years and was feeling a bit of imposter syndrome. He also wanted to lead by example and show his team he can talk the talk and walk the walk.  Mentioned in This Episode: If you'd like to chat with Steve & Alex about how you can make more, work less, and live life on vacation, click here to watch a short video about ASCEND (and apply). Let's Connect on Instagram: @alexpardo25 Interested in joining the next Mastermind in July 2020? Holidaymastermind.com Andy McFarland on The Flip Empire Show Pat Precourt on The Flip Empire Show Tweetables: “Andy was sharing with me that it's been a long time since he's been on a seller appointment and he was having imposter syndrome.” “Your business and your organization, I truly believe, is only as strong and effective as the weakest link.” “If you can build up everybody in your organization to be leaders within your business, you got a strong backbone and you got powerful DNA within the company.” Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Just Start Real Estate with Mike Simmons
Getting the Money (for your real estate business) with Susan Lassiter-Lyons

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Dec 16, 2019 78:27


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called “Seven Figure Flipping.” This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line “help,” and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I interview Susan Lassiter-Lyons. Susan is an investor, entrepreneur, author, and investment coach to assist people in creating wealth. She's the CEO of Lassiter Publishing Group, a financial publisher specializing in income and growth opportunities. If you're looking to succeed, read Susan's book Getting the Money. She reveals her step-by-step approach to getting money. This is not for people who can quickly get money from lenders, this is for the start-up entrepreneur who is interested in building their capital and wealth, but they don't have the start-up money. Susan is very candid in her methods and leaves nothing to spare in her book. She explains, in detail, how to grow from a one-person team to a larger company and how to find and secure the money for your company to thrive. Susan first dives into money lending and how you should view money lenders. Don't look at money lenders as an all-powerful entity. Look at them as personal investors - they are sharing with you their money because they can't do the work you are doing. Check your mindset when you are asking for money - how are you viewing yourself concerning the person who is investing in you and your company? Next, she moves into identity and how many flippers don't want others to know they are flipping. We call this the “secret identity.” Listen in on how my wife and I were caught flipping houses at Sunday dinner with my family. Listen in to find out how being passionate and excited about your company will create energy around you and make others want to invest in your company. Learn about how you can leverage yourself and your level of expertise into larger syndications. Find out about the concept of being “big time” on how to be able to “shoot higher” with your business to be able to scale and grow.

Just Start Real Estate with Mike Simmons
Airbnb SEO expert turned entrepreneur

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Sep 19, 2019 43:49


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called “Seven Figure Flipping.” This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line “help,” and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I had the distinction of speaking to Tommy Griffith, who has worked at companies such as PayPal and Air b'n'b. He has been executing real estate search engine optimization for more than ten years. Tommy currently runs ClickMinded, a digital marketing training platform for marketers and entrepreneurs. Tommy started ClickMinded as a side project while working full-time at Airbnb and grew his new business until ClickMinded began to generate more revenue than his annual salary. His journey started with the Four Hour Workweek in the realization he could work “off script” and start his business while working full-time. From reading this book, Tommy created an ebook and figured out how to get his book to the top of Google search engines. Tommy went into debt, creating a business that failed. He didn't have the experience, passion, or capital to build his new business. As a result of this business experience, however, he learned SEO and internet marketing. He landed a job working SEO with PayPal in 2008 when SEO first landed on the internet scene. While working at PayPay, he started tinkering with side projects to pay off his debt from his failed enterprise. In 2011, Tommy had an idea for an iPhone app development lead generation website. After creating this platform, he failed to continue to have an interest in his project. Tommy emphasizes that you need to want to get out of bed and to be passionate about your work or project. When he joined Airbnb, the company was small, with under 50 employees. As his job came to a close, Air was hosting Beyonce for an event in a rental. Listen in to find out the definition of exit velocity, learn how to build an unfair advantage, and why you should have connections when you move forward into a new business. What are the key components Tommy now uses when he builds a remote team? Learn how to find and hold onto your organization, including how to write your job description. Links and Resources ClickMinded Get in Touch with Mike at Just Start Real Estate

Just Start Real Estate with Mike Simmons
Building your business with work/ life balance

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 26, 2019 45:25


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called “Seven Figure Flipping.” This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line “help,” and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I chatted with a friend of mine, Terry Burger. Terry is an incredible investor and a real inspiration to those in the flipping business. One of the things I love most about Terry is that he is a family man who prioritizes his wife and kids over everything, including his business. Yet, he has managed to build an incredibly valuable business that continues to grow! He definitely shows that you can have the lifestyle you want and be successful as an entrepreneur without sacrificing your personal life. The biggest compliment, I believe, that you can give someone is that they're a very good person. Terry Burger is one of those guys! Terry's background is in classical music and teaching middle school. He wanted a career change and jumped into real estate. Within his first year of getting his real estate license, he sold 50 houses. The first year “I ran around like I had my hair on fire” selling and flipping homes. His wife was pregnant with their first son and was understanding and supportive of Terry in his new position. As the kids started growing, Terry realized he needed a change in his schedule, especially on Saturday mornings, when his son was playing soccer. He missed his son's first soccer goal, and that was his stake in the ground moment when he knew his work schedule had to change. When Terry was turning 80 to 90 homes per year with his team, the recession hit. Terry went from his highest selling year to selling 12 homes in 2009. He lost his second home so he could keep his primary residence. The hardest part was his selling his Baby Grand Piano so his family could afford to live for the next three months. After the recession, Terry had to figure out a way to make money using real estate. He listened to real estate podcasts and educated himself on how to be an investor in real estate and house flipping. Terry offered one of his clients to buy his home, after getting together money from his friends, which started his involvement in flipping homes. Listen in to find out how Terry went from being a real estate agent to becoming a full-time real estate investor, how he rebuilt his team, and why he took a 50% pay cut to start his new endeavor. How the Seven Figure Mastermind gave Terry the tools to move onto the next level. Notable Quotes “Mike Simmons, it's an honor to be here, man. You're my hero!” -Terry Burger “My favorite game growing up was Monopoly, so I was destined to get into real estate.” -Terry Burger “My son played soccer, and my goal was to be at every game. I had to show a house on Saturday and missed my son's game. My wife texted me and said, ‘Collin just scored his first goal,' and I was devastated.” -Terry Burger Find out how Terry Burger turned around his crazy workweek to more effective and less crazy work life to find balance for his family. “People leak who they are...you're gonna leak the good stuff, you're gonna leak the bad stuff. A leak has a source somewhere.” -Terry Burger A turning point after the recession was when Terry found out about a local investor making money on flooded homes. “There was a huge flood that came through my area and flooded a bunch of houses which were bought by an investor. The investor told me he was making $40,000 to $50,000 on flipping houses. I went home and looked up the company, and, sure enough, it was true. He was making this type of money.” -Terry Burger Terry was working with a client to sell his home as his realtor, and the client repeated he didn't want to have buyers walking through his home. Realizing this was the opportunity he was looking for to become an investor, Terry offered to buy his home. “Sir, I've been really wanting to buy my first investment property, and I'm willing to make you an offer on your house, can you give me three or four days?” -Terry Burger Terry remembers one of the Seven Figure Masterminds retreats he attended in San Diego. “I had two problems. One, I was still trying to sell real estate. Justin jumped all over me, he said, ‘Next time you come here you better not sell a single house!' It forced me out of my comfort zone, like Linus with his blanket, I had to leave my blue blanket behind.” -Terry Burger Links and Resources Link to this episode on itunes: https://apple.co/2Yprm6t Get in Touch with Mike at Just Start Real Estate

Just Start Real Estate with Mike Simmons
Dispositions role in my company -My FHL Presentation

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 15, 2019 47:25


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called "Seven Figure Flipping." This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line "help," and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I'm publishing a recording of a presentation I gave at last year's Flip Hacking Live Event. In my presentation, I will describe the disposition process you can use in your business if you're a wholesaler to 10X your returns and profitability on every real estate deal you do! First, I want to talk about mindset. Second, I'll show you effective strategies. Third, I'll tell you about the tools of the industry which you should have in your toolbox to make you a more effective wholesaler. Do you know the role of a disposition manager? Their purpose is to take a contract and sell the contract to the end buyer. Disposition management is often an underserved part of the business. I'll talk about the "how" of the disposition manager. I'm very passionate about this position in real estate wholesale, as this can make or break your real estate deal. Targets are a great way to achieve and exceed your goals. There are moral and ethical ways to not only hit your target goal but to go past your goal and find out how much you can attain with the right tools. How much should you make for a fee? Avoid the "good enough" mindset. The parameters you give someone are the parameters they will work within their business. Aim high and create high parameters to reach and extend yourself and your team to create not just right, but excellent results. Remember, "time kills deals." You want to move fast with a sense of urgency to achieve our metrics. Create a sincere rapport with sellers. Buyers' relationships should never create first look opportunities. Know the steps of building your buyers list, who you should call, and which buyers are not inside your price range. Above all, don't let your opinions get in the way of getting an excellent deal for your business. What should you put in your listing? Find out what you should have as a downloadable file, the location, perks of the neighborhood, and other descriptions to enhance the curb appeal of your listing. Listen in to find out how many days you need to close, have your deposit in the bank, and close the deal on the home to make your process more effective and efficient. Find out what moves through the minds of landlords and how they price out their real estate. Who should be completing the pre-work for sales? When you shouldn't work with a buyer and when to and when not to show the home. Links and Resources Flip Hacking Live Get in Touch with Mike at Just Start Real Estate SHOW SUMMARY Get the 411 on upping your wholesaler game to 10X your returns as I recap my presentation at last year's Flip Hacking Live workshop. Did you know you can make money when you sell and buy? How can you make more money as a wholesaler? I'm going to show you how to use metrics and create goals for your real estate investment business. Learn the how-tos of the trade, which will benefit you as a business wholesaler and how to build your buyer's list. Which real estate ducks should you have in a row to make your process efficient to get the best price for your property.

Just Start Real Estate with Mike Simmons
Turn-Key rental success

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 13, 2019 54:36


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called “Seven Figure Flipping.” This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line “help,” and we'll get on a call together to see if this program is a good fit for you and your business. Today I have the pleasure of speaking with Marco Santarelli. Marco is the host of the Passive Real Estate Investing Podcast and the founder of Norada Real Estate, a premier real estate investment firm. His mission is to help others to create passive income and financial freedom by taking the guesswork out of investing for the past 15 years. His team is dedicated to researching top real estate growth markets and structuring complete turnkey real estate investments to minimize risk and maximize profitability. Marco started investing in real estate at the age of 18 after watching his mother work extremely hard at two jobs after their parents divorced to raise her two sons. He purchased his first rental at 18, fixed up the home, and rented the house. Many years later, Marco made the leap in 2003 to get back into real estate after trying other businesses. In the nine months after his re-introduction, he accumulated 84 doors, mostly single-family small apartments. Others were asking Marco to coach them, although he wasn't interested. Marco offered to pass along deals to others, realizing there was a niche business to provide investment property rentals to investors. These properties could become turn-key properties and wanted to define a minimum standard for real estate. Marco refers to minimum standards within his own company's standardization for rental properties. There are standards which Marco's company defines for turn-key real estate: Property is in a good, stable market Property is located in a good, safe neighborhood Property is new or newly renovated or new Tenant occupied Cash flow positive Can be managed by full-service property management Remember that turn-key rent-ready real estate is differentiated from the minimum standard for real estate can be in good condition, there may be limited life left on the roof, the home is stabilized with cash flow, a tenant. You can cash flow until you have to make renovations. At some point, you'll need to take your profits and create a passive stream of income to start on the pathway to financial freedom. You need to know the criteria that you want for your investment portfolio, so you aren't wasting time on real estate, which does not fit the requirements for your portfolio. Marco has ten rules for real estate investing: Educate yourself and build your knowledge to ask intelligent questions Set your SMART investment goals to create a roadmap and action plan Never speculate or gamble on properties Invest for cash flow to cover all services Be market agnostic Start with the Market in Mind and be market agnostic Diversify across markets geographically Always use a professional property management company Maintain control Leverage your investment capital Listen in to find out the details about market agnostic and taking a top-down approach to purchase property, how to provide diversification and minimize risk, and when you should buy within a two-hour range of your home and when you shouldn't abide by this rule. In This Episode: [03:57] Background on who Marco is and how Marco built his business. [06:49] Is there a minimum standard for real estate? [10:08] Creating a passive stream of income. [11:05] Marco's Ten Rules of Successful Real Estate Investing [35:03] Look at real estate as an asset to be managed on a national basis and find out who you want on your real estate team. [36:27] Asset protection attorneys and other services you want to have when you are investing in real estate. [38:34] How do you know if the zone or neighborhood you want to invest in is good? [40:57] Desirable markets in which to have turn-key opportunities. [44:30] Mindset and attitude of a good investor. Links and Resources Just Start Real Estate on the Web Just Start Real Estate Coaching Get in Touch with Mike at Just Start Real Estate Marco Santorelli on Twitter Marco Santorelli on LinkedIn Norada Real Estate on the Web Norada Real Estate Investment on Facebook Passive Real Estate Investing on the Web

Just Start Real Estate with Mike Simmons
My re-launch and absence explained

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 9, 2019 18:50


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called "Seven Figure Flipping." This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line "help," and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I talk about what's been going on with me over the last couple of years. I started and modeled my show after my John Lee Dumas, and offered my show five days a week. I changed my model and took on a partner. As time went on, I joined a high-level coaching program in which I met great friends. Seven Figure Flipping is an amazing mastermind program in learning how to make your business great. Most people don't realize how much work they need to put into growing a new job. I delve so deeply into coaching and mentoring that I wasn't able to make time for everything. I decided to say no to my podcast. Now, I have new philosophies and experiences to share with others as a result of growing my business and coaching other entrepreneurs. Similar to speed dating, you talk with others about their experiences, which gave me exponential growth. I've learned so much in the eleven years of my real estate business. I have many new perspectives and offerings, along with mentoring and coaching others to grow their business. I haven't been able to be here for you, and I apologize. Moving forward, I'm bringing back my usual schedule with better content. Listen in to find out what I'm going to bring in to future podcasts moving forward, wholesale real estate, house flipping, and who I'm going to bring into the hot seat. In This Episode: [02:02] How I started off my show five days a week. [03:18] When I took on a role as a leader in Seven Figure Flipping. [05:42] Why I decided to say no to my podcast for the past year. [07:23] How my viewpoints about real estate have changed and evolved. [08:43] What I've learned about real estate eleven years into my business. [09:21] What I'm going to bring in to my future podcast episodes. [12:01] I wouldn't believe I could have accomplished this much business at this point in my real estate career! [14:22] Come and meet me at Flip Hacking Live. Links and Resources Just Start Real Estate on the Web Just Start Real Estate Coaching Get in Touch with Mike at Just Start Real Estate Flip Hacking Live

Just Start Real Estate with Mike Simmons
How to (really) succeed in real estate

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 7, 2019 69:08


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called "Seven Figure Flipping." This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line "help," and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I chat with and interview a friend of mine, Bill Allen. I've had Bill on my show previously, check out my other interviews with Bill to get even more great information on real estate investing. Bill is a successful real estate investor that managed to build an extremely impressive business while working a full-time job in a very short amount of time. He's one of the smartest investors I've ever met. In addition to chatting with Bill about how he created his real estate portfolio, I'll also show you why the most common objections people use as an excuse for not being able to create a real estate-based business. Bill looked into flipping real estate for a secondary source of income and completed his first flip while he was stationed in Maryland in the Air Force. He joined the 7 Figure Real Estate group and made more money than he had ever hoped. Bill is looking for a 40% to 50% growth in numbers from last year to this year. Bill talks about how his future goal to be around for his children and how real estate was going to be a part of his more significant goal. He talks about how you need to be passionate about accomplishing your intention to stay focused on your real estate growth. Concentrate on your why early on to stay on task to complete your goal. In the first year, he flipped over 60 homes. Objection: I'm not able to create a real estate business if I have a full-time job. Not true! Bill was able to make a seven-figure income while working his full-time military position. Bill looks at marketing, similar to fishing. He has a net and throws the net over a large area of the lake. To accomplish reaching many people, he spent $3000 a month for six months for a direct mail campaign. To generate the income you want, you need to go all-in, which is what Bill took action on when he started his real estate business. Bill's market is made of 350,000 people with a response rate of 3%, which is good for direct mail. One aspect of Bill's marketing was to delegate by hiring an assistant who would perform tasks needed to run the business, such as lead delegation, answering phones, and various accounting duties. If you don't have the capital Bill has to put into your marketing, you can still run an effective marketing campaign with these suggestions: network and speak to others, go with wholesalers to deals, learn the trade and make deals, get a list that is pre-foreclosure or tax-delinquent, drive around on trash day (to see who is not putting their trash out) and write down the address of homes without owners and research these homes. You can put more time into your business if you don't have a large budget for marketing. Listen in to find out and how Bill and I both built our teams, how and what worked for Bill and me when delegating work to other members of his team, Bill's marketing campaign plans, and when to run your company from a higher role. Also, Bill explains how and when he decided to work more at a C-level position and how he started to work smarter instead of harder. In This Episode: [04:04] Bill introduces himself, how he started in the business. [07:22] What are the initial items or actions Bill used to get started in real estate. [10:59] Bill's early realizations about flipping real estate transactions. [14:06] Your job is to figure out what is the best way to monetize or exit your property. [14:56] What type of marketing did Bill create in the past and what marketing is Bill currently implementing for his real estate business? [22:32] How Bill delegated his work and time for different tasks to build his real estate business. [24:21] Exponential marketing growth and how I invested in my marketing. [25:30] Bill's suggestion for marketing on a smaller scale budget. [29:20] Reevaluate how you are spending your time if you don't have time OR money to invest in your new business. [30:08] How Bill and I build our teams from the ground up. [35:58] Who should you hire first and what tasks should you outsource? [40:36] When working with real estate, create a company, not just a job for yourself. [43:12] At what point can you afford to work on your company instead of in your company? [46:10] What Bill's day currently typically looks like after over three years in his business. [49:30] Seven Figure Flipping is about giving and sharing your success with others. [53:07] Come and check out Flip Hacking Live (link in resources below). Links and Resources Just Start Real Estate on the Web Just Start Real Estate Coaching Get in Touch with Mike at Just Start Real Estate Flip Hacking Live Beyond Profit: Bill Allen Shares His Story Black Jack Real Estate

Just Start Real Estate with Mike Simmons
Making millions in multifamily investing

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 6, 2019 58:28


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called “Seven Figure Flipping.” This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line “help,” and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, I chat with Anna Myers, who is an incredibly successful commercial multi-family real estate investor. Anna began her investing career in San Diego after leaving the IT industry. She has successfully applied her knowledge and experience in the IT world to create a brilliant and successful real estate company. Besides running her own real estate company, Anna is also an instructor at Multifamily University. Anna and Neil, a founder of Multifamily University, partnered to purchase apartments in 2018 and are looking to put more apartments in their portfolio. Anna's grandfather was a real estate magnate in California. She is the youngest grandchild of the family of a commercial real estate family. Her first career was in computer programming, and her degrees are all in IT. Her next job was as a digital photographer in southern California. She learned about business ownership and found out about scaling a business. She then set a five-year plan to exit her photography business and to become a full-time real estate investor. Initially, Anna planned on investing in a single-family home. As she analyzed markets, she realized this was hard to scale. The value of a commercial multi-family home is much better than a single-family home. The variables you can control put you ahead financially than a single-family home. She took a boot camp on investing in commercial multi-family and decided to dive into this investment. Anna talks about the types of markets you want to look for when investing in your new property. Elements to look at are job growth, population growth, and other factors. She also looks at these factors in a specific way. All of her purchases have to make sense from a data standpoint. She currently has a team of real estate investors. Anna's team are equity investors who are trained on how to use data science to buy apartments using data-based information. Their team does not buy in California. Make sure to partner with people who live in the town you are investing in and people who are willing to travel to the investment city regularly. Additionally, make sure you have a suitable lender and broker relationships to get the best deals. Anna describes how to find a good property manager by setting up appointments, asking the right questions, and looking at their Google and Yelp reviews, among other metrics. Property management for 80 units and above, make sure you have a person who is full-time property management for this investment. Your manager will also need someone to look over them to see the progress of the property. Anna has a tracker to have visibility into this day-to-day process. Listen in to find out what types of buildings are more desirable, should you purchase a building that already has renters, and what types of renovation are appropriate for the types of tenant buildings and area you are renting your apartments. Find out what percentage of your building do you need to have filled with getting a Fannie Mae loan and information on Bridge Loans. Learn how you can experience tax benefits with opportunity zones. In This Episode: [03:47] I introduce Anna Myers to the show. [09:28] Why investing in multi-family homes? [13:18] What is the difference between single family home and commercial markets? [15:50] Anna describes her real estate investment team. [18:25] How to find a good property manager. [20:13] Anna's portfolio and the types of commercial properties they invest in with their company. [22:29] How to improve your net operating income. [24:52] Should you purchase a building that already has renters? [28:00] Moving the building and planning to sell the building. [31:08] Types of renovations to do and what renovations to leave for the next investor. [35:47] How to optimize asset management with data science. [41:10] Census tracts and opportunity zone funds. [51:37] Anna's webinars to learn more about commercial investment property. Links and Resources Just Start Real Estate on the Web Get in Touch with Mike at Just Start Real Estate Anna Myers Dominates the Real Estate Space with Tech GroCapitus.com Data Science for Real Estate Investors

Just Start Real Estate with Mike Simmons
$2,000,000 investing in Airbnb rentals

Just Start Real Estate with Mike Simmons

Play Episode Listen Later Aug 6, 2019 59:16


Do you need help investing in real estate? Do you understand how to grow, scale, and profitably build your company into the business that you want it to be? You're in luck! I've been working for the past several years with some of the most successful real estate investors in the industry and from around the country. Names such as Andy McFarland and Bill Allen, along with myself, have built a program called “Seven Figure Flipping.” This exclusive mastermind and coaching program is designed to get you and your business to the next level. Interested in finding out more? Email me at Mike@juststartrealestate.com with the subject line “help,” and we'll get on a call together to see if this program is a good fit for you and your business. In this episode, Amir Dukic joins me to chat about his AirBnb model of investing in which he and his wife have been very successful in implementing. Amir is based in Charlotte, North Carolina, and has a background in IT and engineering. After purchasing his home in Charlotte, he and his wife decided to make the separate dwelling attached to their home into an Air rental. AirBnb's are more successful in metropolitan markets than traditional vacation home markets. Business and family travelers will often use AirBnb to get a sense of what the neighborhood is like, especially if they are planning to move to the city or town. The types of travelers who utilize AirBnb are looking to get away from the downtown scene, however; they want to be close enough for a short car ride to arrive downtown. Paint the picture of what your property looks like through your description on your account. Highlight the neighborhood and why your potential guests want to stay in your neighborhood at your location. Amir and his wife quickly realized the income from their unit covered the mortgage for their home. They decided to acquire more properties to rent through a master lease model. This removed the barrier of having large amounts of capital to purchase multiple homes. What would happen if the owner of the home wants to sell? Amir and his wife protect themselves with contracts and are strategic about the lease terms and term of leases which they sign. Amir explains how he and his wife scaled their business from one rental at their home to over 70 rentals. Early on, they realized they needed to automate processes as they were performing all the upkeep manually, which used up much of their management time. Amir brought in a partner, James, to build the backend technology to assist them in automating much of what they did in the day-to-day business. A well-performing property is filled 60% to 70% occupancy, at 30% occupancy the property breaks even. Automating their property, especially heating and cooling, reduces the amount of money used to upkeep the properties. Amir also makes sure their property is safe by changing the codes often and giving specific laws to managers and cleaners. Make sure to avoid pitfalls for your AirBnB, such as buying the cheapest Wi-fi and not having hot tubs and other costly amenities. Amir takes out many items they don't have to have, however,' laundry is a must. Many people will stay long-term, and a washer and dryer is a necessary amenity. These lead to more issues and higher costs. Focus on purchasing for location. Listen in to find out how to evaluate a house for rental and the rules and guidelines you want to use to determine rent. Find out how to use resources online to assess the amount of rent you can charge at a location. Learn what the aesthetic reasons to purchase or lease a home for rental on AirBnb are. What can you easily replace or redecorate to make your home more appealing? Should your home you rent be a large home, small home? How many bedrooms or bathrooms should you have in your rental home? Where should you start when considering renting on AirBnb? In This Episode: [04:19] Amir talks about his background and how he ventured into the AirBnb model of investing. [06:28] The market where Amir's first Air is located. What types of markets work for AirBnb? [08:13] Where is the most desirable markets to have an Air? [09:50] How the marketing component plays into filling your Air rental. [10:56] The success of his first Air rental, what Amir learned with his first rental unit. [15:03] Why would someone want to offer their space as a master lease? [17:11] Typical lease terms for a master lease on a property. [20:52] How Amir and his wife scaled their business from one rental to over 70 rentals. [22:22] Rental processes James was able to automate with his program. [26:42] What types of problems can derail and Air rental? [30:42] How should you determine rent for your rental? What is the rule or guideline for charging rent? [31:18] How to pre-evaluate for occupancy of your rental. [33:27] Physical characteristics of the house you want to have when renting out a home. [36:04] How many bedrooms and bathrooms should you look for in a home? [39:11] What about proximity of your rental to a major city in a state? [43:25] How to paint a picture of the surrounding area. [44:13] Bad calls Amir made when securing a property for rent. [45:35] Where to start if you are thinking about running an AirBnb model. Links and Resources Just Start Real Estate on the Web Just Start Real Estate Coaching Get in Touch with Mike at Just Start Real Estate Air DNA Mash Visor Amir's Rabbu.com Property Management in Charlotte Contact Amir at Amir@rabbu.com

The Investor Mindset - Real Estate Show
E05: From Loading Dock to The Ethical Wholesaling King - Andy McFarland

The Investor Mindset - Real Estate Show

Play Episode Listen Later Apr 29, 2019 36:34


Andy McFarland is one of the countries top wholesalers based out of Utah with his wife and four kids. His company Enlight Homebuyers buy & sells over 200 hundred wholesale deals each year. He owns rental properties, passively invests, runs a digital marketing company for real estate investors, and coaches & mentors investors through 7 Figure Flipping Mastermind and House Flipping Formula company. His team includes 15 employees focused on wholesaling in 3 different states, and flipping about 20% of the properties they buy: about 50-60 each year. Andy works by a conservative investment philosophy based on personal experiences he gained early on in his career - through those experiences he's gained wisdom that has helped him stay successful when many others have failed. Inspired originally by his mother, who told him he could do or be whatever he wanted - and after he discovered the book “Rich Dad, Poor Dad”. He eventually left his job working on a loading dock and delivering pizzas at age 21. He worked hard, bought his first property (nicknamed “The Treehouse”) and entered a crash-course in the school of real estate. His purpose now is to seek fulfilment and significance through helping people, and his philosophy has become: choose your investments wisely, determine the risk you're willing to take, and stick with it. Also, the people you choose to work with are JUST as important as the investment choice itself. Links: https://enlighthomebuyers.com/ http://7figureflipping.com https://www.facebook.com/andymcfarland1980 Join the Insider Club at www.TheInvestorMindset.com for behind the scene strategies and tips.

Simple Wholesaling With Brett Snodgrass
SWP: 023 How To Successfully Wholesale Out of State

Simple Wholesaling With Brett Snodgrass

Play Episode Listen Later Sep 7, 2016 71:51


On today's show, we have the privilege and opportunity to interview Andy McFarland, a master behind wholesaling and flipping! Andy began wholesaling and flipping properties back in 2004 after being fired from his full-time job. Since then, Andy is now a full-time real estate investor, making seven figures a year flipping properties in three states! In 2015 alone Andy did over 150 deals! If you're interested in learning how to successfully wholesale out of state, then you have to tune into this podcast!

The Spouses Flipping Houses Podcast With Doug & Andrea Van Soest
Episode 35: Andy McFarland Interview – Part 2

The Spouses Flipping Houses Podcast With Doug & Andrea Van Soest

Play Episode Listen Later Jun 23, 2016 30:05


Tune in today for the second half of Doug's interview with Andy McFarland. If you missed part one of this awesome interview with one of the the industries best, make sure to listen to part 1 first to get all of Andy's great insight into Real Estate Investing. The post Episode 35: Andy McFarland Interview – Part 2 appeared first on Spouses Flipping Houses.

The Spouses Flipping Houses Podcast With Doug & Andrea Van Soest
Episode 34: Andy McFarland Interview – Part 1

The Spouses Flipping Houses Podcast With Doug & Andrea Van Soest

Play Episode Listen Later Jun 17, 2016 30:50


Today Doug will be interviewing our friend, and highly respected Real Estate Investor, Andy McFarland. Andy has been investing in real estate for over 13 years and just last month in May alone did 33 deals! In other words, Andy is Killing it in his market! Tune in to today's episode for an excellent interview with Andy McFarland. The post Episode 34: Andy McFarland Interview – Part 1 appeared first on Spouses Flipping Houses.