Don Costa has been in real estate since 2003, and he started with nothing. To give you an idea, he used quarters to fill up his gas tank just to take his children to daycare. When he got involved in real estate, Don made an active effort to reach out to everyone in his industry. Fast forward to today, Don has a successful real estate business and podcast. Do not underestimate the value of your network!
Key Takeaways:
Mentioned in This Episode:
Join our Facebook discussions via Flip Empire Private Facebook Group
Connect with Don at Fliptalk.com
Email Don at Don@Fliptalk.com
Check out Don's "Subject-To" Language Here
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Alex recently spoke at a mastermind meeting. In his keynote talk, he discussed some of the failures he had to go through, in order to succeed in the business. Alex believes it’s very important to be as transparent as possible, and to not only talk about the good times, but the bad times, too. Today’s real estate market is changing, which means you have to keep on your toes if you want to stay relevant.
Key Takeaways:
Mentioned in This Episode:
Join our Facebook discussions via Flip Empire Private Facebook Group
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Peter Aquart is the COO of American Wealth Builders. Be sure to check out last week’s episode before listening to this one! This week’s master class focuses on the passive side of the business. How do you put your money to work, and how do you build an effective passive income? Get your answer to these questions and more with Peter!
Key Takeaways:
Mentioned in This Episode:
***Find out how you can earn 10-12% on your money through American Wealth Builders Turnkey Program
Episode 76: Mark Evans DM on Finding Your Unique Ability, Building a Team, Growing and Scaling
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Alex answers a listener question who asked how to get the seller’s asking price out of them. So many times, sellers are skeptical to give out their numbers and it can create a bit of an uphill battle for yourself. Alex offers a couple of tricks on how you can phrase the question differently and build rapport.
Key Takeaways:
Mentioned in This Episode:
Join our Facebook discussions via Flip Empire Private Facebook Group
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Peter Aquart is the COO of American Wealth Builders. Peter has been an entrepreneur since he was 13 years old. This is a two-part episode that you don’t want to miss! This week’s master class focuses on building an active income and how Peter structured his turnkey business to the point where his team is actively doing 30-50 deals a month. Part 2 will focus on how you can make your money work for you!
Key Takeaways:
Mentioned in This Episode:
Join our Facebook discussions via Flip Empire Private Facebook Group
Episode 76: Mark Evans DM on Finding Your Unique Ability, Building a Team, Growing and Scaling
Investing in Real Estate? Get help in diversifying your portfolio. More at Americanwealthbuilders.com
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Alex was inspired by this week’s master class with Frank McGovern. One of the ways Frank finds his deals, and what lead him to find his $75k profit deal, is skip tracing. Alex discusses his team’s process on how they handle skip tracing, and what programs are out there that you can use to help you find those deals.
Key Takeaways:
Mentioned in This Episode:
Join our discussions via Flip Empire Private Facebook Group
Get Data and Risk Management Solutions at Microbilt.com
Get Seller Information through FindThe$eller.com
Get Help with Legal and Professional Solutions at Lexisnexis.com
Skip Trace Seller Leads at Tlo.com
Episode 77: Ninja Tips To Master Cold Calling (Sellers)
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Frank McGovern is a real estate investor in the Philadelphia area. Frank recently closed a deal where he made $75,000 net profit, but how did he do it? Find out on today’s episode! Alex swears if you use just one of Frank’s strategies from today’s interview, you’ll see some fantastic things happen in your real estate business.
Key Takeaways:
Mentioned in This Episode:
Join our Facebook discussions via Flip Empire Private Facebook Group
Connect with Frank at Frankbuysphilly.com, or on Facebook
Get Help with Legal and Professional Solutions at Lexisnexis.com
Skip Trace your leads via Tlo.com
Episode 34: Lee Kearney Tells You Everything You Need To Know About Market Cycles
Episode 76: Mark Evans DM on Finding Your Unique Ability, Building a Team, Growing & Scaling
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Alex stumbled upon this quick selling strategy by accident, when a homeowner only had an hour, during her lunch break, to show her home. Little did Alex know that hosting a one hour open house launched a feeding frenzy and he was about to sell the home for $8,000 above the asking price.
Key Takeaways:
Mentioned in This Episode:
Join Flip Empire Private Facebook Group
Make sure to catch the wildly popular Master Class episode with Bryan Harris, where we reveal how he's making $200k PER MONTH (without Direct Mail)
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Bryan Harris is a real estate rockstar with tons of energy! Three years ago Bryan was broke as broke can be. Now, he makes over $200K a month with his real estate business. Bryan attributes his success to mindset, visualization, and pure energy. What he couldn’t make up in his marketing budget, he made up in his energy budget. This episode goes a little longer than usual, but it’s worth it! Find out the inner workings of Bryan’s business on this week’s show!
Key Takeaways:
Mentioned in This Episode:
If you'd like to learn more from Bryan $. Harris, and discover exactly how he's built his wholesaling business, check this out.
Note: Results are not typical, and no one can guarantee your success. This is what worked for Bryan, and many others.
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Alex is always looking for either a yes or a no to his offer. A maybe is probably the worst thing you can receive. How can you speak to your seller in such a way that you get a firm answer, right off the bat? Alex answers this question and more on this week’s episode!
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Episode 78: John Martinez on How To Get More Contracts and Close More Deals (Part 1)
Take Action Now — REI Sales Academy with Registration 80% Off.
If you want to learn more before signing up for the REI Sales Academy, go here:
REI Sales Academy Sales Page
*NOTE: Make sure to click the “Register Now>>” button, and then click the “Apply a coupon” link to type in: “flipempire80”.
Get the Meeting with a Home Seller Script Here
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This episode is Part 2 of John Martinez talking about how to be real estate sales wiz. If you haven’t checked it out, be sure to go and listen to episode 78 for Part 1 of this interview! Today’s discussion talks about how to handle an on-site appointment with the seller in an effective way, and get that deal!
Key Takeaways:
Mentioned in This Episode:
Episode 78: John Martinez on How To Get More Contracts and Close More Deals (Part 1)
Take Action Now on John Martinez's REI Sales Academy. I have personally gone through this training, and have invested for my entire team to go through. I HIGHLY recommend it!
Get the Meeting with a Home Seller Script Here
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Alex has been receiving a ton of emails and feedback from John Martinez’s masterclass interview. After going through John’s training, Alex’s lead managers now understand why it’s important to ask questions in a certain way to get the right response. On this week’s Q&A show, Alex reads a script that you can use on a retail seller, and help make that sale.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
John Martinez Interview Part 1 - Episode 78
Take Action Now — REI Sales Academy with Registration 80% Off.
If you want to learn more before signing up for the REI Sales Academy, go here:
REI Sales Academy Sales Page
*NOTE: Make sure to click the “Register Now>>” button, and then click the “Apply a coupon” link to type in: “flipempire80”.
Get the Seller Script Here
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John Martinez is a sales wiz, and has built his career in several different industries, through the use of selling. He helps train salespeople to become top performers, specifically in the real estate industry. John has over 18 years of experience, and has really help Alex and his team, just through the use of a few simple changes. John shares his script, and does a quick unpack as to why it doesn’t sound like your typical sales call.
Key Takeaways:
Mentioned in This Episode:
Take Action Now on John Martinez's REI Sales Academy. I have personally gone through this training, and have invested for my entire team to go through. I HIGHLY recommend it!
Get the Seller Script Here
Ask Alex A Question:
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Alex has learned some fantastic things from John Martinez on how to master the cold call. You can look forward to his 2-part interview in the next coming weeks, but for now, Alex shares what he’s learned on how to reach out to that homeowner in a friendly way.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Tweetables:
“We get a phone call and it’s obvious that it’s a cold call. What happens? Our guard goes up.”
“Always assume you’ve reached the right person.”
“First thing you want to do is identify who you are and why you’re calling as quickly as possible.”
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Mark Evans DM is known as “The Deal Maker,” because he owns a massive real estate empire, and is able to consistently close an average of 30-50 deals per month! Mark has been in the real estate industry for the last 21 years, and it has taken him some time to build the systems and staff in place, where his business thrives while he’s traveling the world. Find out how Mark structures it all on this week’s show!
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Connect with Mark Evans at Markevansdm.com
Alex discusses how to ‘double down’ on your marketing efforts. What are you currently doing right now to generate leads? Pick a marketing channel and then optimize it to the best of your ability. It’s important to always have a bird’s eye view of your business so you can improve and tweak systems and get more bang for your buck.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Batchgeo: Great for pin pointing properties on a map
***Recommended Resource To Receive Automated Seller Leads
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Susan Lassiter-Lyons is an investor, entrepreneur, and coach. She has personally closed more than 600 real estate transactions, and launched a private equity mortgage fund, raising 26.2 million dollars from individual investors. When it comes to getting highly motivated leads, Susan knows her way around. On today’s podcast, she shares some creative niches that you can get into.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Ask Alex A Question:
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Alex spoke about what you should do in the event a seller no longer wants to sell, in Episode 70. Today’s episode covers this topic a bit further, on how you can prevent seller’s/buyer’s remorse. Alex offers his key strategies on how he can sniff out someone who may want to back out from the deal, and what you can do about it.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Episode 70: Seller No Longer Wants to Sell
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Alex recently attended an event, and it left him with three important takeaways he wishes to share on today’s show. Some of these events can leave you inspired with new ideas, or uninspired. However, even though you’ve might have heard it all before, Alex believes that there’s a time and place for everything, and sometimes we need to hear the same advice again, but just worded in a different way.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
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In this week’s episode, Alex does a deeper dive on his follow-up system. As he’s mentioned on previous episodes, 70-75% of the deals he and his team have closed come from the follow up. This is why you really, really have to have fantastic systems in place, so that you always remain on your customer's mind.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Here is the Email Broadcast & Auto-Responder Service I use and recommend: Aweber
Join The Flip Empire Facebook Group:
The Flip Empire Facebook Group is a community of successful, like-minded real estate wholesalers / entrepreneurs, dedicated to building real estate businesses that support their desired lifestyle while helping others in the process. The purpose of this group (and FlipEmpire.com) is to serve it's members and add value to their businesses by providing free content, training, tools, resources, and most importantly, community, to help everyone achieve FREEDOM through Real Estate Investing.
Click here to request access to this closed Facebook group to connect with our community.
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Alex does not have a special guest for this week’s episode. However, he does have some great wisdom for you guys, as he just came back from a 2-day intensive mastermind. Masterminds are a great way to keep momentum going, and connect with highly-motivated achievers. This week’s topic dives into what happens when a seller suddenly decides they don’t want to sell the property anymore. What are your options?
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Join The Flip Empire Facebook Group:
The Flip Empire Facebook Group is a community of successful, like-minded real estate wholesalers / entrepreneurs, dedicated to building real estate businesses that support their desired lifestyle while helping others in the process. The purpose of this group (and FlipEmpire.com) is to serve it's members and add value to their businesses by providing free content, training, tools, resources, and most importantly, community, to help everyone achieve FREEDOM through Real Estate Investing.
Click here to request access to this closed Facebook group to connect with our community.
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So many of your deals will come from the follow-up. Alex cannot stress this enough! You need a strong follow-up system. Of course, it's also very hard to do deals, if you don't send offers, but make sure your marketing dollar gets stretched to the fullest potential by following up. If not, you're just leaving money on the table. Alex discusses on this episode the new changes he's implementing in his business when it comes to an unmotivated lead, and what he's doing to hopefully have it convert down the line.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
EP065: 24-Hour Recorded Voice System vs. Taking Calls Live
EP067: Not Doing Online Lead Generation? You’re Missing Out.
EP052: Focus on Your Follow-up System First, and Then Your Marketing.
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Scott Jelinek has been a real estate investor for the last 20 years. He started his business with nearly no money and no plan, but has quickly scaled and grown his business to help match the lifestyle he wants. Today, he travels 12 weeks out of the year and makes around 3-5 deals a month.
Although it might not sound like a lot, Scott is still able to make around $19K on average with each deal. On this week's episode, Scott discusses why direct-mail marketing might not be the best option for someone who is just starting out, and opens the door towards cheaper guerrilla marketing strategies that anyone can implement.
Key Takeaways:
Mentioned in This Episode:
Flip Empire Private Facebook Group
Connect with Scott at: Realestategrowthcoach.com
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Alex appreciates your feedback! Based on your responses, you will be seeing more case studies in Thursday’s Q&A. Today, Alex dives in on why you shouldn’t be skeptical about online lead generation. Not all online leads suck! In fact, if you’re not working some sort of strategy out online, you’re really missing out on opportunities. Alex explains how he was able to turn a free online lead into a sale within 35 days, on this week’s episode!
Key Takeaways:
Mentioned in This Episode:
Ask Alex A Question:
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Chris Bruce is a real estate investor, and the podcast host of Escape The REI Newbie Zone, a show all about how newbies can break through and enter the real estate investing industry. On this week’s episode, Chris discusses ways you can get leads for free, especially when you have a low-to-no marketing budget, whatsoever.
Key Takeaways:
Mentioned in This Episode:
Connect with Chris Bruce at: www.escapethenewbiezone.com
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, by Tim Ferriss
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