Flipping Junkie - Danny Johnson - For Those Addicted To Flipping Houses

This week Danny is joined by Jim Huntzicker, a licensed real estate broker with over 500 deals under his belt after nearly 15 years in the business. Jim Huntzicker is also the creator of MLS domination, and was featured in episode 46 of the FlippingJunkie Podcast where he dives more into how he finds his deals. He stops by to discuss how he finds success across the country with multi-family units as long-term investments. Jim walks us through a detailed example of what a multi-family deal looks like including how he analyzes the numbers, how he puts together funding for these more expensive deals, and how he has scaled his REI business across the country. Jim also discusses his future goals for his business as well as how he plans to actually achieve them.

This week Danny is joined by Brad Smotherman, an investor from Tennessee with a successful 7-figure flipping business spanning across the U.S. Brad shares with us the methods and strategies, specifically in marketing, that helped push his business to where it is now, as well as the ins-and-outs of how he prefers to run his business today. Brad breaks it all down with thorough examples and real-world data that he’s gathered through his time as an investor to really break down topics like owner financing, pay per click, direct mail, and more.

This episode is all about innovative ways to make real estate investing work both for you, and your tenants! Anne Amagrande joins Danny to discuss her creative approach to leasing that has helped her business generate even more passive income by finding new ways to both save money on renovations as well as keep her tenants happy; she calls it “rentovation” and it’s a game changer! She also touches on the 3:1 ratio and how it can and has helped many investors create more income for their business. We recommend this episode for investors at any stage in their journey. Anne is a serial entrepreneur, owner of Grande AMA & Associates and 2 other businesses. She is an expert on investing, specifically Real Estate Investing, Generational Wealth, and owning and growing a business, and her passion is creating businesses that help one another.

This episode Danny speaks about what to do when those leads start coming in from your LeadPropeller website (or wherever you purchased your REI website)! We’ve seen too many people cancel their accounts with us because they started receiving TOO MANY leads from their website so Danny is here to tell you the proven methods for handling them. No matter who you purchased your REI site from, these are important lessons every investor with a new site should be aware of.

We must be on a marketing kick because this week’s episode is all about knowing your numbers for your marketing campaigns!! It’s not enough just to send mailers out into the world and doing that over and over and over and over without ever taking the time to analyze your data and see if what you’re doing is even working! Don Costa of the FlipTalk podcast joins Danny this week to talk about why investors should be regularly looking at their marketing numbers. He walks us through an actual marketing campaign of his and shares how he would analyze the results, and most importantly the decisions that would come out of the analyzation. Data and numbers are an investors very best friend and this episode tells you why and how!

This week Danny is joined by Brian Ellwood of Virtue Real Estate Investing to talk about how he tackles direct mail, and what has and hasn’t worked for him in the past. The two discuss the essence of “No B.S.” marketing and what it means to disrupt the constant feed of “We Buy Houses” mailers and really position yourself from the rest of the crowd. Brian even shares with us his top 4 favorite lists to mail that have shown the highest ROI overall. Brian teaches 9-5'ers how to stop trading their time for dollars by purchasing their first 12 rental properties, but VREI’s underlying message is that you CAN live a life you truly love and you don't have to make sacrifices! Brian was able to "retire" from the working world at the age of 30 by accumulating several dozen properties, and is now passionate about helping others do the same.

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

Chris and Jamie Bounds are real estate investors out of Houston, TX. They own and operate Texas Ideal Properties, and live in Richmond, TX with their two children, Nathan and Ellie. Chris got started in real estate in 2005 while attending Texas A&M University. He bought 4 properties in his first year before graduating, and took a sales job in Houston. Shortly before getting married in 2011, Chris and Jamie started investing in real estate part-time. By August 2015, they were both full-time real estate investors and have since bought over 100 propertie. In 2018 they closed on roughly 50 houses, nearly doubling their business since the year before. Their goals are to continue to grow and scale their flipping & wholesaling business while continually adding properties to their rental portfolio. In this episode Chris and Jamie share what it’s like working together as a couple, and the steps they took from day one to ensure that their business would be on the right track for growth and success. They tell Da

Jason Lavender has owned and operated a painting company for 25 years, but caught the real estate investing bug listening to podcasts and reading Danny Johnson’s book, Flipping Houses Exposed: 34 weeks in the life of a successful house flipper. Jason began flipping houses in September of 2017 and has since completed 5 flips, with 2 more underway. After this, he took on wholesaling in October of 2018, and has completed 4 deals with one more in the pipeline. He’s now a member of Justin Williams’ coaching program, and is focusing on learning to scale and automate. In this episode Jason joins Danny to talk about what it was like to move from reading the book to getting established in the market and in a position to grow. Jason shares the do’s and don’ts of starting out and the lessons he’s learned along his journey (some of them the hard way!), so this is a perfect episode for those who are still a little hesitant about taking that first step and making it happen.

This week Danny is joined by Doug Watts Jr, a new investor born and raised in Austin, Texas. His story starts out as a commercial general contractor where he stayed for 10 years as a field engineer and later superintendent. Like many of us, he was drawn in by the freedom that real estate investing can give you and he dove straight into educating himself and taking action to get started! Doug actually completed 2 flips while working full time, making a profit of $63,000 on the first and $109,000 on the second. Just 6 months ago, he decided to take his investing business full-time, and has since listed 2 houses for sale that he flipped (that’s a projected profit of $50,000 in his first 6 months working for himself. In this episode, Doug also shares a cautionary tale of sorts that anyone should be looking out for, about the importance of making sure that every box is checked when it comes to your business. While Doug may not be your typical, “House Flipping Guru,” he is determined to make it happen for him and h

In this episode, James and Alan sit down with Danny to talk about the strategy they created and followed to create a partnership that moved them into 3 different markets in only 8 short months! Alan Biel Alan Biel bought and renovated his first house in 2004, just after he graduated from college and married his wife, Amber. Their original plan was to live in the house, but they ended up selling it for a decent profit and this led them to do the same thing several more times in the next 10+ years or so. In 2016, he began flipping on a larger scale, and by the end of 2017, he knew he needed to make some changes to his semi “solo-preneur” operation. He decided that he would finish the flips he was working on and then try something different. So, he joined a top Mastermind group in January of 2018, learned what wholesaling was, partnered up with James Hodges in March of 2018, and they began wholesaling full time! James Hodges In 2013 he graduated from College and got married to my wife Meagan. They lived in Colle

This week Danny is joined by Danny Carter, a Los Angeles based manager for songwriters and music producers who has been actively investing since 2016 (Fun fact- he did the intro for this episode!). Carter enjoys taking on challenges, as shown by his very first deal which was a remote burn house located halfway across the country. In just a few short years, his real estate investing business has acquired 9 rental units, completed 8 flip/wholetail deals, and 10 wholesale deals! In his own words, Carter says that this episode is concentrated on, “showing people how to go from sitting at the starting line, wondering how they’re going to get started, car parked, transferring into neutral, to getting into drive, into about 25 mph, then getting them started in those first few steps to get them to 100.”

Carson Olinger journey with real estate investing began after the birth of his children, when he realized that his current job was keeping him from being home with his family like he wanted to be. In 2017, he owned a packaging company that unfortunately went under due to some unforeseen circumstances. This led him and his wife to build an investing business so that they could leave the 9-5 world behind them and finally start living the life they had wanted. In July 2017, he started his own Real Estate Business – Capital City Equity Group. He had started looking at deals in January, and actually closed on his first deal already by February. However, he saw this as a “side gig,” and the overall business plan was not realized.  Once he started using Lead Propeller and had leads regularly coming in, it was then a matter of closing deals and figuring out what to do with them. Carson was able to quickly learn all the different acquisition strategies as he had some friends that opened him up to some creative concept

Greg Dickerson is an entrepreneur, real estate investor and developer. Over the past 20 years he has bought, developed and sold over $200 million in real estate, built and remodeled hundreds of custom homes and commercial buildings, and started 12 different companies from the ground up- yes, 12! Greg is arguably an expert on the topics of Real Estate and Construction. He has spoken at many real estate investing groups, masterminds, and events. Greg has also been featured as a guest commentator on the Fox Business Network with Neil Cavuto and Dave Ramsey, and he has written articles for various magazines and newspapers, and is a featured contributor in the book, “Walking with the Wise Real Estate Investor," and, "Walking with the Wise Entrepreneur," featuring Donald Trump, Suze Orman, Rachel Barnes and others. Greg has always been a very active member of his church and community (both in his personal and business life) serving on the boards of several non-profit organizations including Realtors Association, Ho

Joe Spence is an investor from Lancaster, Pennsylvania, whose journey began after he was laid off from his sales job in early 2016. It had always been his and his wife Sarah’s dream to become real estate investors, and this quick turn of events made them ask, “Do I really want to go back to a 9 to 5?” With a baby on the way Joe knew he had to do something, and there was no better time than the present to take action and make it happen. Joe began by calling anyone and everyone he knew in real estate, asking if there was possibly anything for him. Within a week and a half he had his first deal from someone who knew someone who knew someone, and so on. He shares that his first time walking through the house calculating costs to make an offer, he had almost no clue what he was doing. He was familiar with the formulas because he had educated himself with books and podcasts, but he says that “there’s no substitute for the real thing.” Joe and Danny also discuss contractors, and the importance of checking up on the

Zach Betters started investing in real estate in 2015 with his wife Stephanie. After taking 4 months to get their first deal, they jumped into it and did 11 deals that first year. Since then, they have been on an upward trajectory, 27 deals in 2017. So far in 2018 they have done 49 deals and with a recent merger are now on pace to explode even further. Along the way they have branched off into a Social Media Marketing company (Social Media REI) and have a few more secret businesses in planning. All of this while both working, up until recently, full time in healthcare as a PA and NP and raising three little ones. Zach shares with Danny how he was able to achieve such growth by “developing a team around [his] weaknesses,” and a constant update to the processes and systems that his business is using. He mentions that every business has problems, you’re problems just change. By recognizing this, Zach and his team are able to actively stay on top of their business and its growth. When discussing how he got starte

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

Victor Alves started investing in 2015 with his wife Nina, after leaving a job in sales. They attended a seminar about real estate investing and from there made the decision to invest $25,000 into their education and getting started on their business. They knew that if they were going to do it, they wanted to go all in- and that’s exactly what they did! They started wholesaling to learn the market and within their first year had done 6 wholesale deals. The following year they continued wholesaling, but also completed 2 flips and ended the year with 13 deals under their belt. In the beginning of 2017 Victor started working with his current partner, whom he met at the same training course that he and his wife took years before. This is when business really began to take off exponentially. Today they’ve now done over 50 flips in total, acquired 9 rentals, and raised over $5M of private capital. Their success is credited to their balanced relationship within the business as a team. Victor’s partner is more involv

“Your problem is to bridge the gap which exists between where you are now and the goal you intend to reach.” -Earl Nightingale Why are you reading this? Why are you listening? Learning? Taking action? It’s simple- FREEDOM!! We’re all doing this because we want the financial freedom that comes with being your own boss and real estate investing. We want to be able to spend time with our families and friends, not with the stacks of work that are probably sitting on your desk right now. Melissa and I wanted the same thing, but once we got started we realized it wasn’t so simple. As our business grew, our need for new technology that could support us grew, we quickly found that everything that was already out in the market just wasn’t cutting it anymore. We had all of these systems that were supposed to be making our lives and business better, and all it was doing was adding stress because of the impossible upkeep and hours of analyzing required to get any true insights for our business. They were just work-around

Jordan Lagrassa is a real estate investor in Texas who’s been in the game for about three years now- on top of running an entirely separate roofing business! In partnership with another investor, he has established a small business wholesaling houses part-time, and has also accumulated a few rentals along the way. Jordan started with his roofing business, and moved into investing after trying to find different opportunities and ways to support his family and make money (sound familiar?). Jordan shares with Danny how he balances the two jobs, mentioning how it really depends on the season when deciding where he can and should focus his attention. Due to a slow down in the rainfall and other harsh weather in Texas, his roofing business has not been as busy and he has been able to dedicate more time to establishing himself in the market. He says an average day would consist of about 4 hours working on his wholesaling business, and about 2-4 on the other. While right now this method works for him, he sees a value