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...

4 Things You Need to Know Before Partnering With Someone

July 15, 2021

It can sound appealing... but teaming up with the wrong person could completely kill your business or cost you hundreds of thousands of dollars (I’ve seen it happen).Here are 4 things to watch out for when partnering with someone…

Full Episode >

Getting Funding in a “Hot” Market (What to Watch Out For)

July 13, 2021

We talked about what real estate investors need to know RIGHT NOW on things like valuations, appraisals, how you should be calculating your ARV, money costs, getting funding, and more…

Full Episode >

Flipping 100 Houses in 1 Year

July 8, 2021

Tyler Jensen is on track to flip 100 houses this year. He started this year only planning to flip 40. Learn how he doubled his goal, expanded into 4 markets, and scaled up his team!

Full Episode >

How to Maximize Profit in a Seller's Market

July 7, 2021

Want to learn how to structure your “exit strategy” to make more on every deal? 7 Figure Altitude Members, Steve and Kayce Tackett, cover IN FULL how they’re maximizing their profit per deal (and getting $60,000 to $100,000 “wholesale fees” on some of these houses).

Full Episode >

Scaling Your Real Estate Business Step by Step

July 2, 2021

If you intend to scale your flipping or wholesaling real estate business, you are going to need to implement processes and build your team. 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.

Full Episode >

How to Win Deals in a Seller's Market

June 30, 2021

If you're flipping or wholesaling houses, you already know the market is more competitive than ever. Get the secrets to landing off-market deals right now with 7 Figure Altitude Member, Adam Whitney, and Bill Allen!

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.