Podcasts about flippingjunkie

Welcome back to the FlipNerd Show! We have not created nearly as many FlipNerd Shows as we have in the past so I'm excited to start getting things back on track, starting off with my buddy, Danny Johnson. Danny is really a master at systematizing your business and today, we are going to talk about the importance of follow-up. Lot's of wisdom in this episode!

Welcome back to the FlipNerd Show! We have not created nearly as many FlipNerd Shows as we have in the past so I'm excited to start getting things back on track, starting off with my buddy, Danny Johnson. Danny is really a master at systematizing your business and today, we are going to talk about the importance of follow-up. Lot's of wisdom in this episode!

In this episode, Danny shares how as he's getting back into house buying, there has been overwhelm and analysis paralysis setting in. He gets into what's caused it and what he's doing to forge a path forward to create momentum. He's also hinting at some awesome news about the future of this podcast and FlippingJunkie in general.

In this episode of the FlippingJunkie podcast, Doug Price shares how he took action without overly complicating things to jump right into this business! I love his story. He had fear but did it anyway. He didn't let fear cause him to get caught up in analysis paralysis. He sent letters out without fretting over all the wording. He just took the next action that needed to be taken each step along the way.

Special announcement in this podcast! Join Danny for a Zoom call to learn the 3 steps to creating your REI "machine" on Wednesday, March 27th at 10:00 am central: Get your zoom link here and find out more: https://flippilot.com/demo In this episode of the FlippingJunkie podcast, Danny talks about the #1 problem new and experienced investors experience that causes them to feel overwhelmed/stuck/frazzled/fried at the end of each and every day. As Danny jumps back into creating a real estate investing business from scratch, he has discovered the key to proper organization that allows house flippers/wholesalers/real estate investors to create "true" businesses. This organization allows us to enjoy the business and get what we truly set out to get by starting flipping houses: freedom of time, money, lifestyle, to be our own boss, all of it! Find out how by joining Danny for a Zoom call Wednesday, May 27th, at 10:00 am central time. Go here to register to get your Zoom link: https://flippilot.com/demo

This week’s episode of the FlippingJunkie podcast is a special one for a few different reasons! First, we get a much-anticipated update from Danny on the development and release of FlipPilot, and what you can expect from this awesome software. Then, Mike Newby joins Danny to discuss what he’s done in his business since he first appeared on the show back in 2017. Mike walks us through a few of his past deals and very openly shares his mistakes and the bad calls that were made throughout the process. He even walks us through the actual numbers for a deal and gives a ton of great advice on how you can avoid making the same mistakes (and so you can follow in his footsteps on the good stuff!). Mike also gets pretty honest with Danny when discussing his best practices for achieving the life that he set out to build when he first started investing in real estate. The two deep dive into Mike’s weekly goal setting practice which involves sitting down at the beginning of every week and laying out your schedule for yourself. It can be easy to fall out of our patterns when we’re the only ones holding ourselves accountable, but he shares tips on how you can combat this and stop fooling yourself. With the help of 10 introspective questions, Mike is finally starting to create the life that he saw for himself and his family. Join them and learn more about what exactly those questions look like!

Nothing happens without a great deal from a seller. Knowing how to generate those kinds of deals is a good place to start. Danny Johnson of FlippingJunkie guides us in succeeding at our real estate venture by exposing the top three mistakes people do when dealing with seller leads. He talks about house flipping paired with the good use of technology to help with your business, particularly on having an online presence. Giving us a look into his book, Flipping Houses Exposed, Danny also shares the things we must do to establish ourselves online and generate those leads.

This episode is a super, super, must for all investors!! This is a special episode of the FlippingJunkie podcast because Danny shares with us the top 3 secrets that provide consistent success with online motivated seller lead generation (yes, the actual stuff he and Melissa did and are still doing!). Most investors fail at generating motivated seller leads online because of these 3 crucial missing pieces, and he’s here to talk about what investors can do to prevent their business from falling through the cracks because of something that could have been prevented if they’d only known! Danny dives deep into how they’re able to maintain a successful flipping business while also running a podcast AND a blog AND a youtube channel AND a training course AND providing REI websites AND a business management software and so on and so on… He explains why house flipping is a numbers game and how they were able to use that to their advantage to generate exactly how many leads they would need to get a real, genuine, “worth-it” deal! Absolutely a great episode full of a ton of great info that anyone considering getting a website, or wondering how they can best use their website to find more, quality leads for their real estate investing business!!

This week’s FlippingJunkie podcast episode begins with a FlipPilot update!! We’re so excited as we get closer and closer to the launch, and we appreciate your patience. “We’re working to make sure that when we do launch, everything that you need to run your business is in that minimum viable product,” says Danny. In the meantime, check out our FlipPilot Key Feature Videos on YouTube and join our private FlipPilot Facebook Group, and know that we’re working hard to put out the best product that we can! Brad Woodall’s real estate investing journey began all the way back in 2005, when he was only 21. The market crash led him to a job in corporate America where he worked in fraud prevention and investigation for about 10 years. When his first son was born in 2015, he knew he wanted to be able to be around and involved in his children’s daily lives and knew that going from part-time to full-time real estate investing would provide him with the lifestyle he wanted. Along with a new baby came a new mindset, and Brad dove back into investing while still working full-time. Like many of us, he binged on every podcast and book on real estate investing he could find. That same year, he set up his LeadPropeller website and now uses LeadPropeller Fuel to handle his site’s SEO (Brad mentions that he once got a lead from a blog post, and one even from a YouTube video thanks to his site ranking). In May of 2016, he sent out roughly 300 pieces of direct mail and in October of the same year he landed his first deal. Fast forward to January of 2018, Brad was able to quit his job and go from part-time to full-time real estate investing. He goes on to discuss his typical walk-through method and what he’s found has worked for him in the past. With an offer already in his head, he tours the house with the seller and gets to know them and try to learn their motive for selling. Brad and Danny emphasize the importance of building rapport with your sellers. “Just be conversational, just be a real person. They just want a real person there to talk to,” says Brad, who prefers to take the time to sit and get to know the sellers and establishing a relationship beyond just the numbers.

This week’s episode is about the real estate success principles necessary for you to build your best possible business. Danny is joined by James Steffy, listen along as they talk about following up, making offers and the importance of understanding your sellers. James Steffy first got into the real estate investing industry 4 years ago after returning home from South Korea where he and his wife taught English classes. Taking the decision into their own hands, they took a mini tour across the U.S. to cities like Atlanta, Houston, and Sacramento so they could make the best decision about which market to dive into. Ultimately, they decided to stay in the Tampa-Bay area of Florida and it was there that Steffy started his own real estate investor business. Steffy started out by listening to various podcasts and the FlippingJunkie blog, but like many people, he was overwhelmed and unsure of where or how to start. “I was brand new to real estate investing at that time. I had been reading a lot about the business and knew it was what I wanted to do, but was feeling overwhelmed with actually taking the first steps to get started,” says Steffy in an email to Danny. After following a course offered by Danny at the time, he was able to find the courage to take action in his journey. His first deal was less-than-perfect and in a rough part of town, and while he put almost all of his money into it he soon realized he couldn’t sell it. At the same time, he began going to local investor meetings and networking, which pointed him in the right direction to take his business to the next level. Steffy also discusses his experience with cash offers versus owner financed offers. After finding that he was not having as much luck with his cash offers, he began offering the two options to sellers at the same time. “You never know what someone is after,” says Steffy. He goes on to say it’s important to know where your seller is coming from financially, but more importantly, emotionally, so that you can really understand their situation and better cater to it, which will in turn mean a better turnout for you as well. “The more appointments you go on, the easier it gets.” Danny and James go on into further detail about the importance of following up even after a no, the importance of making an offer, how they’re adjusting to the changing market, and more of the real estate investing success principles involved in building a successful real estate business. While there are some key steps you can take to set you apart from your competition, both agree that there is no “magic answer” to it all.

In a few short years time, Henry found himself transitioning from a single lifestyle- where he only had to worry only about himself- into a married man trying to provide for his family. That’s why one year ago, Henry Washington decided that taking action and pursuing his real estate investment journey was the next step, and it’s been a whirlwind ever since. Even with a full-time day job in IT Project Management, Henry was unsure how we was going to be able to take care of his family. Desperate, he began looking into his options and decided that the financial freedom that comes with real estate investing was the best option for him. Still though, the fear of spending it all for nothing in return kept him from making the first leap. This fear was essentially keeping him from taking action to achieve his dreams. “We wouldn’t have had as much success that we’d had if my mindset wasn’t in the right place,” says Washington. Entirely unsure of where to even start, Henry starting taking action and began by reading books and listening to the FlippingJunkie podcast. This education led him to the decision to take action again and create his own real estate investment website using LeadPropeller. After first taking action, in his first year alone, he has acquired roughly 30 deals, including flips, wholesales, and rentals and his business only continue to grow. Listen along as Henry and Danny discuss taking action and how Henry was able to get over those fears with creative problem solving, the first steps he took to get into the industry, and how he’s expanding his clientele and establishing credibility and trust in his area through networking and maintaining relationships!

Listen as Danny and Melissa talk about their parent company, FreedomDriven LLC, what it entails, why they started it, and how they even got to this point in their business. Danny and Melissa have an open and honest conversation as they talk through the journey of their house flipping business. From starting out part time and doing everything themselves, to now having a team, and providing quality tools for other real estate investors to be successful. Danny and Melissa talk through their business journey. From first starting out part time to now having a company with multiple facets to help other real estate investors. They talk about what the company means to them individually and how they came together to achieve the goal of helping others. It all started driving around on evenings and weekends with the kids to find properties, Danny and Melissa remember how it all started with bandit signs and discuss their fears when starting early on and laugh through some of the early bandit sign bloopers. Of course, after hanging the signs, the first call has to come in. They reminisce about not knowing what to do when that first call came in, Danny’s phone is ringing from the bandit signs they put out, he freaked out and threw the phone at Melissa to answer. They talk about how after some time, they got pretty good…3 or 4 phone calls and knew essentially what to ask. Even they didn’t know what to do when they were first starting. Then once they got their marketing going, there is the story of signing the first contract. They remember how it took 6 or 9 months to get the first property under contract. Melissa and Danny talk about how their hands were literally shaking and how they called their mentor to get advice on what to say to even say to the Title Company. After getting through the early learning curve of flipping came their next chapter. Moving from flipping part-time to full-time. They continued working on nights and weekends and flipped part-time for about 3 years. Danny got laid off from his job (what he attributes is the kick in the butt to start flipping full time) and Melissa stayed on full-time at her job for about 6 months before she joined Danny full time. The next milestone was figuring out how to flip full time being that the business was still just Melissa + Danny at this point. They talk about how they started to systematize the business a little bit with the additional time they had to focus on their business instead of their day jobs. In 2008, during the housing crisis they stayed determined together that they were going to be successful and not go back to full-time day jobs. Ultimately, they trusted each other and their vision and go through the storm that was the housing crisis of 2008. Fast forward to 2010, their business made it through the housing crisis. In 2010, their family took a three week vacation on the west coast. Part of the trip, Mcminnville, Oregon to see an old wooden plane, it was here on this trip that Danny decided when they got back to San Antonio that he was going to get his pilot’s license and chase his passion. Slowed down on the house flipping business to focus on Danny’s passion which offered them a hard lesson to learn. Most of the deals you are doing now, come from your marketing from 3-4 months prior. They were at the end of their lead pool and hadn’t spent the time over the last few months marketing the business. Back to square one, with no leads built up in the pipeline. They started the FlippingJunkie blog to support the process and creative energy Danny needed to jumpstart hitting the pavement again for leads. Little did they know this would serve as a platform for their creative outlet as well as creating a community for people looking to learn more and grow their own businesses. Danny blogged for 34-weeks, showing everything they did, marketing, analysis, everything behind the scenes of rebuilding their pipeline. Showed people how to get the deals and how to profit from them. Danny later turned these blog posts into his best-selling book “Flipping Houses Exposed.” Just recently published the book in print, should be available for purchase soon. It’s always been available digitally but now it’s a physical copy. www.flippingjunkie.com/book Danny and Melissa wanted to help people have something that can help fill more of the gaps when starting your house flipping business, wanted to help people get into flipping. Most people mentioned a lack of capital starting so they started developing Freedom by Flipping, a Wholesaling course for people starting out without the capital. Danny talks about his software background before he started house flipping and how he had naturally made systems for their own business to be successful. It was at this point in 2013, when Danny and Melissa got serious about creating REImobile (a CRM system for real estate investors) to help other investors outside of their own business. A conversation with Brandon Turner from BiggerPockets helped Danny realize how most of their deals come from online and how many investors don’t have a tool to help them build their own online presence. This conversation lead to LeadPropeller being born and launching in 2014. LeadPropeller is a way for investors to have a website built for them that is mobile-friend, SEO-optimized, without needing any coding skills or developers. Piggybacking off of Danny and Melissa’s experience. Danny and Melissa learned by experience that first contact usually gets the deal so they added text capabilities for every lead that comes in, plus other features like automated follow ups, etc. At this point, Danny and Melissa were still doing everything themselves. Right before launching LeadPropeller, they realized they needed help and hired their first employee. Danny and Melissa met Justin Williams around 2014, he was a master delegator and team builder. Danny visited him in California to see how he had his team structured and how he was able to not be involved in every bit of the day to day. After this meeting, they started hiring people to help with the day to day operations, starting with an Acquisitions Manager to take some of that weight off Danny so he could keep developing the software side of the company. Melissa also stepped in to be more involved to offer Danny more time on the software side. May 2015, REImobile finally launched. In October 2015 Danny and Melissa started the FlippingJunkie Podcast. Loved the idea of interviewing other real estate investors rather than just having the singular perspective on the blog. In November 2015, they started doing more with LeadPropeller. Started managed online lead generation with LeadPropeller Services (Fuel). Started with Josh managing the internal SEO, lead generation, AdWords, Facebook, PPC for Danny and Melissa’s business. Now taking the knowledge gained from internal promotion to offer to other investors. Because of demand the company only takes on a certain number of investors in any given area, that’s why there’s a need to check availability. In October 2016 they got serious about building the house flipping team. They both joined Justin William’s master mind group to continue to grow their business with motivation and like-minded investors…Melissa had an idea after their first experience, to split the company into two focuses. Danny would focus on the software side and Melissa would focus on the house flipping side of the company so they could both grow. They learned that building a team is more than just hiring a team, it’s what are you doing it for and really building the right company culture as well. Melissa has kept the flipping business up and running if not more successfully now that that’s her sole focus. Fast forward to 2017, most leads for the company are coming from online, they had LeadPropeller sites but were missing comprehensive blueprint to build the lead generation machine for online lead generation. Danny spent his time creating this blueprint, Danny put together outlines and scripts and eventually recorded over 16 hours of video training called Seller Lead Hacks. After the road map was done, Danny started working on the updated software to replace REImobile. It’s called FlipPilot and it’s so much more than a CRM, it includes automation, call management, task management and KPI dashboards to name a few. Danny and Melissa created FreedomDriven to help busy real estate investors achieve true freedom by building businesses that run without them. FreedomDriven is the parent company that includes subsidiaries: FlippingJunkie (Podcast), LeadPropeller (Sites + Lead Generation Services), SellerLeadHacks (Digital Marketing Training) and FlipPilot (REI Business Management Software).  

Competition and shifting markets are real, but does the psychological impact of those things make you your own worst competitor? It's possible that you start to convince yourself that you can't compete or win in more challenging markets, which has a far worse consequence than the challenging market itself! Danny Johnson joins us today to talk all about this, and share his recent personal experience as well. Great show...don't miss it! Get your copy of our FREE "Profiting with Rental Properties" Guide!

In the third vlog episode, Danny talks about his morning routine with his wife, Melissa, in the car with him on their way to the office. Don’t forget, all of the vlog episodes (and more) are available on the FlippingJunkie YouTube channel at http://youtube.com/FlippingJunkie   Danny’s morning routine got started when he found Hal Elrod’s Miracle Morning. Basically, the start of anyone’s day should be used to set up the rest of the day for success. So Danny talks about how he used his mornings for self reflection, exercise, and breakfast (or course).   Is your morning routine like Danny’s? Are you setting up your day for success from the moment you get out of bed, or are you pushing through everything instead of taking your time? Your morning should be a time to make sure your day will be a success, use it wisely!   Stay tuned and be sure to subscribe to the FlippingJunkie Youtube channel: http://youtube.com/flippingjunkie

In the second vlog episode, Danny talks about working the system to better run his real estate investing system. Don’t forget, these episodes are all available on the Flipping Junkie YouTube Channel at http://youtube.com/FlippingJunkie   Knowing how to run a business and making it successful has to do with how you work the system and react to things in a professional way. Danny talks about the ‘homework’ (because you never stop learning, even when you’re done with school) that he and his team have: reading.   The book Work the System, by Sam Carpenter, talks about how to manage a business with an emotionally detached point of view. Which really isn’t heartless, it’s objective for running a business efficiently. One of the best quotes that has helped Danny run his business is about looking at the work from above. The analogy goes something like this:   There are a lot of workers cutting down trees in a forest. They’re working really hard all day for weeks, and then the leader climbs up on of the trees to see their progress and finds out that they’ve been working in the wrong forest all this time. Danny keeps this in mind when working on his business instead of in it.   You can find the book at: http://www.workthesystem.com/get-the-book-free/   Stay tuned and be sure to subscribe to the FlippingJunkie Youtube channel: http://youtube.com/flippingjunkie

Joe McCall has been investing since 2006 and has an excellent podcast called the Real Estate Investing Mastery podcast that he does with Alex Joungblood.  He’s doing deals in multiple markets across the us while traveling for months at a  time in Europe and traveling the us in an RV.  He’s been teaching and coaching investing since 2011. In this episode, Joe goes into incredible detail on how he set up and runs his direct mail marketing for motivated sellers leads.  We talk about the lists that he targets and how to get them. He even shares when he sends postcards and when he sends letters. A funny story during the interview was when Joe realized that he had been sending a postcard for years that he got from FlippingJunkie.com and didn’t put two and two together until that moment. Bonus: get that postcard here http://flippingjunkie.com/41 Joe focuses on absentee owner mailings using postcards.  When there is a lot of competition, he focuses on high equity owner occupied houses. He gets his list from Listsource.com using the following criteria: Bought at least 10 years ago At least 40% equity At least 3 bedroom house Owner at least 55 years old Specific zip codes with lots of rehab activity One way Joe finds the most sought after areas is Trulia heat maps.  He targets a county and the heat map shows cheap, median and expensive houses.  There is even a table of data that can be sorted to show the most popular areas. During the conversation we shared some numbers for the typical marketing spend per deal for investors.  The numbers vary between $1,000 and $3,000 per deal and go as high as $5,000 per deal for some very competitive areas.  Mailing intervals for probates should be about once per week for the first 6 weeks or so.  Mailing intervals for other lists usually are spread out from 30 to 90 days in between mailings. One recurring theme throughout the episode was the discussion of how most investors fail to answer their phones.  If there is one thing you can do to eliminate 75% or more of your competition, it’s answering your phone or calling back a seller IMMEDIATELY.  Take that to the bank.

In this episode of the Best Passive Income Model Podcast, Mark chats with Danny Johnson, house flipping expert. Listen in as Mark and Danny discuss house flipping and land investing...will Mark be persuaded to flip houses? Thank you for listening to The Best Passive Income Model podcast. Your support helps me attract great guests who share knowledge that you can use to grow your business. If you'd like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.   Tip of the week:   Danny: www.Trello.com. Trello is an online sort of application thing for productivity and it's sort of… it's almost like to-do lists on steroids.   Mark: Learn more about Danny Johnson and go to www.FlippingJunkie.com, and check out Danny's podcast, The Flipping Junkie podcast.

Danny is explaining the new direction for the Flipping Junkie Podcast in this episode.   We are moving to a format where each episode flows from the previous one.  The first episodes will cover mindset and then move into building your team, funding, analyzing deals, finding deals, negotiating, working with contractors, determine repair costs etc.   It’s basically a free real estate investing training course in podcast format!   Let us know what topics you want covered and who you’d like to hear Danny interview for each topic by leaving a comment on the Facebook page at http://facebook.com/flippingjunkie   Also Melissa (Danny’s wife) is going to be sharing more of what we are doing in our house flipping business for 2016 on the FlippingJunkie.com blog and on Instagram (http://instagram.com/flippingjunkie).   We’re going to flip over 100 houses this year.  Follow along and let us know what you want to learn about.

Danny Johnson drops by this episode of the Deal Farm to talk about his real estate investing business in San Antonio. Many people know Danny through his book "Flipping Houses Exposed," but many people don't realize that's he also has a CS degree and recently released software specifically for investors. Listen in to today's episode as Danny also shares with us how he made 50K wholesaling a historic property.    You can learn more at FlippingJunkie.com, Reimobile.com and DannyBuysHouses.com.