7 Figure Flipping

I made the rookie mistake and bought a deal outside my buy box. A $40,000 rehab turned into $85,000. The property sat on the market for 12 months! I dropped the price, refinanced it, turned it into a short-term rental, and eventually sold it three years later at a $70,000 loss.In this episode, I break down what a bad deal actually takes from you.We go over:- The $40,000 rehab that became $85,000, and the one thing I missed during due diligence that caused it- Why the $70,000 wasn't the number that kept me up at night- The moment most new investors quit, and why it has nothing to do with money- What a professional poker player taught me about losing in real estate- What to do right now if you're sitting on a deal that's gone sidewaysIf you're in a deal that's gone sideways, or you took a loss and you're starting to wonder whether this is even worth it, the answer is not to be more careful in some general sense. The answer is to get around people who have already survived a bad deal and navigated out of it, people who can tell you exactly what they did and what they wish they had done differently.That room is called 7F Runway. An action-oriented mastermind built for early-stage flippers who are tired of duct-taping deals together one at a time and ready to build a business that pays them consistently.See if it's a fit for where you are:https://www.7figureflipping.com/runwayLINKS & RESOURCES7 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://www.7figureflipping.com/runway Hosted on Acast. See acast.com/privacy for more information.

If you think flipping houses is the only way to build wealth in real estate…You might be missing a much bigger opportunity.There’s a strategy more investors are starting to pay attention to.It’s called residential care homes.And the reason investors are paying attention is simple.The U.S. has 73 million baby boomers moving into retirement, and millions of people are turning 65 every year.Families don’t want to send their parents into giant facilities anymore.They want something that feels like a home.That shift is creating a huge opportunity for investors who understand both real estate and business.7 Figure Flipping member Ashley Coates does exactly that.The goal isn’t to master one strategy.The goal is to become the kind of operator who can spot opportunity anywhere.That’s what we focus on inside 7 Figure Flipping, helping investors build real businesses with multiple profit centers.If you feel like you’re ready for that next level, apply, and let’s see if it’s a fit.CLICK HERE to Join 7 Figure Flipping>>Catch you later!Reach out to Mike and Ashley on Instagram @mikeandashleycoatesLINKS & 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://www.7figureflipping.com/runway Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.

If you’ve been grinding… and something still feels off, this one’s for you.You know you’re capable. You’re taking action.And yet… it still feels heavier than it should.Dr. Sheri and I both know that feeling.I’ve had seasons where I was grinding, marketing, taking action, and quietly wondering why it wasn’t clicking. Dr. Sheri built a rental portfolio worth millions, flipped houses, grew real assets… and still felt financially stressed and emotionally exhausted. That’s what this episode is about.If you’re listening and thinking, “That’s me,” here’s what I want you to know…Stuck doesn’t mean incapable.It usually means you’ve outgrown your current operating system.7 Figure Flipping was built for investors who are serious, capable, and tired of trying to solve complex business problems alone. If you’re done trying to muscle your way through the next level alone, apply, and let’s have a real conversation about what’s next.CLICK HERE to join 7 Figure Flipping >>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://www.7figureflipping.com/runway Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.

I’ve seen investors doing 10, 15, even 25 deals a month…Then checking their bank account and wonder why it still feels tight.If more deals were the answer, you wouldn’t be stressed right now.But here you are busy, profitable on paper, and still uneasy about money.That’s the trap most real estate investors fall into.I’ve seen it. I’ve lived it. And in this episode, I sit down with David Richter, author of Profit First for Real Estate Investing, to talk about why so many real estate investors make serious money… but never actually keep it.The problem isn’t the deal flow.It’s cash flow.If you don’t have clear visibility into what you’re making, what you’re keeping, and what your business can actually afford, more deals just amplify the stress.That’s exactly why we point people to a real CFO-level system.This is the same cash framework David is using with 7 Figure Flipping members who were tired of feeling reactive every month.CLICK HERE to Book a Call with SIMPLECFO >>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 Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.

There’s a big difference between doing deals and owning a business.Most investors never make the jump.They grow deal volume… and somehow lose time, margin, and sanity in the process. Every new deal adds pressure. Every hire feels risky. Vacations feel impossible because nothing works without you answering texts, approving ads, and fixing problems in real time.That’s the pain no one talks about.In this episode, Lindsay and I dig into why that happens, and why most investors stay stuck as operators even when the numbers look “good.” If marketing still needs your approval and follow-up dies when you get busy, you’re stuck in the operator trap.That’s exactly what you’ll learn in our next free masterclass.On February 19th, Bill Allen and our COO Dave Morse will show you how to hire for ownership inside People+: Hiring for Freedom.If your growth still depends on you touching everything, this is the shift you need.If your growth still depends on you being in every decision, this masterclass is the move that turns effort into ownership.If you haven’t registered yet…CLICK HERE to reserve Free your spot >>If you have, then I’m super excited to see you there!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 Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.