[463] Scaling Your Real Estate Business Step by Step episode artwork

EPISODE · Jul 2, 2021 · 37 MIN

[463] Scaling Your Real Estate Business Step by Step

from 7 Figure Flipping

If you’re flipping or wholesaling houses and you’ve reached the point where you’re making some consistent income from it, you might be wondering……how do I scale this?Going from 2 deals per month to 60+ deals per year is a major transition.Who should you hire first, and when?How do you know if you’re really ready to expand?How do you manage cash flow as you hire people?Who do you need on your team if you’re a wholesaler?What about if you’re a flipper?How much should you pay the people you hire?And once you’re paying them, how should you “scale” their pay?These are some of the questions I hear from real estate investors who are thinking about building a team and getting “out” of the day-to-day operations so they can do more deals while working less.To answer questions like these, Mike Simmons and Terry Burger recorded a special episode of the 7 Figure Flipping Podcast together where they’re breaking down some of the things they’ve learned growing and scaling their own real estate businesses…Listen in now!Ready to Scale?A lot of house flippers and wholesalers have “scaled” their businesses.You’ll meet some of them at Flip Hacking LIVE.For 3 days, we’re bringing guys like Mike and Terry and many others onto the stage in Orlando, FL, to share the exact systems and strategies they’re using to do 100’s of deals per year in today’s market.This is a live, IN-PERSON event!It’s happening October 14-16.Seats are selling out fast and the ticket price will be going up soon…Hit the link below if you want to come.CLICK HERE to Get a Spot at Flip Hacking LIVE >>Catch you on the flip side!Links and ResourcesWant to learn how to get consistent real estate deals every month in TODAY’S market? ON July 23-24, I’m holding a FREE virtual event… the 7 Figure Flipping Accelerator. We’re going to spend 2 days breaking down how to find deals, how to get private funding, and more. It’s 100% FREE to attend. But spots on Zoom are limited… sign up now!- CLICK HERE: https://7figureflipping.com/goFlip 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/ Hosted on Acast. See acast.com/privacy for more information.

If you’re flipping or wholesaling houses and you’ve reached the point where you’re making some consistent income from it, you might be wondering……how do I scale this?Going from 2 deals per month to 60+ deals per year is a major transition.Who should you hire first, and when?How do you know if you’re really ready to expand?How do you manage cash flow as you hire people?Who do you need on your team if you’re a wholesaler?What about if you’re a flipper?How much should you pay the people you hire?And once you’re paying them, how should you “scale” their pay?These are some of the questions I hear from real estate investors who are thinking about building a team and getting “out” of the day-to-day operations so they can do more deals while working less.To answer questions like these, Mike Simmons and Terry Burger recorded a special episode of the 7 Figure Flipping Podcast together where they’re breaking down some of the things they’ve learned growing and scaling their own real estate businesses…Listen in now!Ready to Scale?A lot of house flippers and wholesalers have “scaled” their businesses.You’ll meet some of them at Flip Hacking LIVE.For 3 days, we’re bringing guys like Mike and Terry and many others onto the stage in Orlando, FL, to share the exact systems and strategies they’re using to do 100’s of deals per year in today’s market.This is a live, IN-PERSON event!It’s happening October 14-16.Seats are selling out fast and the ticket price will be going up soon…Hit the link below if you want to come.CLICK HERE to Get a Spot at Flip Hacking LIVE >>Catch you on the flip side!Links and ResourcesWant to learn how to get consistent real estate deals every month in TODAY’S market? ON July 23-24, I’m holding a FREE virtual event… the 7 Figure Flipping Accelerator. We’re going to spend 2 days breaking down how to find deals, how to get private funding, and more. It’s 100% FREE to attend. But spots on Zoom are limited… sign up now!- CLICK HERE: https://7figureflipping.com/goFlip 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/ Hosted on Acast. See acast.com/privacy for more information.

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[463] Scaling Your Real Estate Business Step by Step

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This episode is 37 minutes long.

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This episode was published on July 2, 2021.

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If you’re flipping or wholesaling houses and you’ve reached the point where you’re making some consistent income from it, you might be wondering……how do I scale this?Going from 2 deals per month to 60+ deals per year is a major transition.Who should...

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