HFHQ 169: My 7 Secrets for Eliminating Risk When Flipping Houses

Listen to This EpisodeEpisode 169: Show NotesMy heart was racing. My palms were sweaty.What had I just done?What if I lost money? What would we do? How would I pay back my investor? I had never been so scared in my life…This is how I felt right after buying my first house to flip.That one simple easy-peasy flip consumed me for 4 months.It was ALL I could think about. I lost sleep. I was beyond stressed.I couldn't get the fear out of my head.But…Just 1 year later, I flipped 60 houses in 12 months.And the year after that, I flipped 120 houses and made my first 7-figure income, which completely changed my life.So how did I do it?How did I go from freaking out about doing just one easy, simple flip……to flipping 120 houses in 1 year and enjoying it?I'm not talking about actually buying the houses. That's the easy part.I'm talking about the stuff that we don't ever talk about… like how the HECK was I able to hold it together mentally and do that many deals without losing my mind from the stress?!Everyone wants to know how to find, finance, rehab, and sell houses……but the thing no one ever talks about… the thing that REALLY determines the true success of any business owner… is how they keep it together on their way to the top.So… want to know how I did it?Want to know how I was able to take on all that risk and buy houses like a kid in a candy store when just a few months earlier I'd wanted to run to mamma and make it all go away?I had a system. A system to eliminate risk.In a nutshell, there are 7 things I do to minimize and eliminate risk…And when I look at Andy McFarland and some of my most successful coaching students, they all have some of these 7 things in place too.If you understand these 7 things, you can break free of the fear that holds most people hostage and create a life and business that very few are ever able to achieve.All right, now you're probably wondering… what are these 7 things?!That’s what we cover in today’s episode of the House Flipping HQ podcast, which is a recording of a Facebook Live stream I did the other day.Listen to the replay above… and start applying these 7 things to your investing business now!Links and ResourcesIf you're serious about flipping… and you want to do it right… then I'd love to connect and see how we can help you navigate on your real estate investing journey.  Head over to HouseFlippingHQ.com/coaching and submit a quick mentoring application.  I look forward to hearing from you and getting to know you better!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while your'e at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them! The post HFHQ 169: My 7 Secrets for Eliminating Risk When Flipping Houses appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.