7FF 293: Why staying small could kill your house flipping or wholesaling business

November 12, 2019

About This Episode

Growth can be scary.

I hear from real estate investors all the time who want to keep their businesses “small” because they think it’s easier that way.

They think they’ll make more money if they do all the work on their own.

I used to believe this.

When I got into flipping houses, it was a side gig.

I was a “solopreneur.” I did all the work myself.

I was able to flip 1 or 2 houses per year at most.

But when I did the math…

…I was only earning about $10 to $12 per hour in my flipping business.

(Definitely NOT on the path to the income and freedom I wanted.)

I knew if I wanted more, I had to get out of my comfort zone.

I had to start treating my business like a BUSINESS.

But hiring a team, ramping up your marketing, systematizing your business… this stuff can seem complicated and intimidating at first.

So a lot of investors hold back…

…and as a result, they stay “small.”

If that’s where you’re at right now, I want to help you break through some of that uncertainty and hesitation.

On today’s episode of the podcast, I’m chatting with my friend Marina Sud, who’s story might sound familiar to a lot of investors reading this.

Her story is a lot like mine…

She got into wholesaling a few years ago.

And up until last year, she was “going it alone,” handling just about every aspect of the business herself.

But she wasn’t doing deals consistently…

And at one point, she ended up with just $100 to her name and nearly lost her own home.

She didn’t give up, though…

…and just over a year ago, she realized she needed to hire someone to fill in a major gap she was struggling with in her business.

The following year (this past year), she did 55 deals.

She’s on track to do even more this year.

And this is just the beginning… her business has COMPLETELY changed.

Today, we’re digging into her story and talking about what she went through to reach the growth trajectory she’s on now…

…and whether you’re new to real estate investing or you’ve been in this business for a while, there are some HUGE takeaways in here.

Listen in!

Free Resources / Downloads

5F Framework

A business framework that creates consistency within your flipping business by giving you a tested roadmap to building real estate wealth.
5 Proven Steps to Build Active and Passive Income in Real Estate (FREE!)

Get Access Now

Freedom Number Calculator

The 2-Minute Exercise That Shows You Exactly How to Build Toward Your Life of Freedom.This quick (and powerful) quiz will help you calculate exactly how many deals you need to support your ideal lifestyle and how close you already are. Most investors don’t fail from lack of effort, they fail from lack of direction. No guesswork. No fluff. Just a clear target—and a plan to make it real.

Get Access Now

Adam Whitney’s Seller Call Script

Use the same script Adam uses while on the phone with sellers

Get Access Now

Off-Market Deals on Demand

Get the UltimateOFF-MARKET DEALS Starter Pack...For FREE! Niche lists, seller strategies, a hyper-local market tracker, and a bonus!

Get Access Now

Grow Your House Flipping / Wholesaling Business WITHOUT Guesswork or Trial-and-Error

Find out EXACTLY what you need to be working on TODAY to do more deals, make more money, and free up your time.

Explore More Episodes...

7FF 639: How to Escape the “Cash Flow Rollercoaster”

May 11, 2023

Today I’m sharing something that I originally posted a little over 3 years ago, breaking down how house flippers and wholesalers can fix cash flow problems and keep more profit… check it out!

Full Episode >

7FF 638: Biggest Problem in the Housing Market Right Now

May 9, 2023

There’s a huge problem in the housing market right now… and if you can figure out how to solve it, you can pretty much “print money.” Here’s the real estate market update you’ve been waiting for…

Full Episode >

7FF 637: Another Teenager Just Made $22,100 on Her First Flip…

May 4, 2023

16-year-old Ryleigh Eckles just flipped her first house and made $22,100. She’s joining me on the podcast today to break down how she found the deal, how she funded it, how she handled renovations, who she worked with, how she sold it, and more!

Full Episode >

7FF 636: How to Get Your Kids Involved in Real Estate

May 2, 2023

A little over a week ago, I had a 16-year-old girl on the podcast to share how she had just flipped her first house. Today, I'm interviewing her parents! If you want to see your kids working hard and taking control of their lives, this episode is for you…

Full Episode >

7FF 635: If You Want Multifamily Deals, Do This…

April 27, 2023

I mostly talk about flipping houses and wholesaling, because that’s where I’ve made most of my income. But I’m actively doing multifamily and commercial deals too. And if that’s something you want to get into, check this out!

Full Episode >

7FF 634: How to Achieve Exponential Growth in Your Business

April 25, 2023

I just spent a week hanging out on the beach in Mexico with hundreds of high-level real estate investors. It was our annual tropical retreat for our 7 Figure Mastermind members… and if you weren’t there, here are the biggest takeaways, lessons, and aha-moments you missed!

Full Episode >

Ready to Build a Business That Finally Works?

Ready to find your tribe?

Don’t stay stuck in chaos or settle for another year of inconsistency. Join a serious community of operators who are building businesses that matter. This is your moment.

Click below and we’ll help you determine which program is the best fit for you.