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The Flip Empire Show

On The Flip Empire Show, Alex Pardo brings you strategies, interviews, and insights for smart real estate investors to help grow and scale your real estate investing business. The Flip Empire Show was created for YOU, the smart real estate investor and entrepreneur. If you're looking for ACTIONABLE and SIMPLIFIED advice, Alex Pardo has you covered with his Master Class Expert Interviews, as well as the Q and A shows. Learn from real estate's heavy hitters, as Alex Pardo puts them on the hot seat to reveal their best strategies for running a profitable, scalable, and automated real estate business. Get a fresh perspective from a Real Estate Investor, Entrepreneur, and Coach that has flipped well over 500 homes. We're dedicated to adding value to you and your business, and bringing you the best content to help you make more money, build your empire, and experience freedom through real estate investing. For more strategies, and recommended resources, check us out at www.FlipEmpire.com. Disclaimer: The author, publishers, contributors and creators of this material are not responsible in any manner for any potential or actual loss resulting in the use of the information presented. The content of this publication is for informational purposes. No promise or guarantee of income or results is implied or suggested.
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Now displaying: April, 2018
Apr 30, 2018

To celebrate the big 200, Alex invites Erik Stark back onto the show to talk about giving back and the importance of going above and beyond for the people in your community. Last year, Alex and Erik made a big impact by hosting a Holiday Mastermind to help victims of Hurricane Irma get back on their feet. This year, they will be hosting a similar event in Bimini (Bahamas), in mid-July to support We Are GRACES. If you’re interested in this mastermind, reach out to Alex for more info!

 

Key Takeaways:

  • THANK YOU!!! 200 episodes is a milestone for this podcast, and I appreciate you for supporting the show.
  • Alex personally believes in giving back regularly and being a servant of God. Erik also has similar beliefs and shares why giving back is so important.
  • One of the worst things that can happen to you is you die and you didn’t live your full potential.
  • Alex inspired Erik to move down from Michigan to South Florida to start a new life with his family.
  • How did Alex and Erik start the Holiday Mastermind?
  • When the Hurricane Irma hit, the destruction was bad and here Erik was selflessly giving back to the community. To be honest, Alex felt guilty he wasn’t doing enough.
  • Don’t sit on your hands. If you think you can do something, do it. Too many people wait for others to lead when it can be YOU!
  • Last Christmas, the charity work Alex and Erik did brought smiles to about 100 children who virtually had nothing.
  • One person can impact an entire generation or family. One person!
  • What were some of the key takeaways that Erik learned at the holiday mastermind?
  • Want to support the Holiday Mastermind? Alex and Erik are hosting the next one in Bimini (Bahamas) in mid-July.

 

Mentioned in This Episode:

I would greatly appreciate an iTunes Review :-) Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Download my Holiday Mastermind Notes Here: flipempire.com/holiday

Episode 008: (Erik Stark on Owner Finance & Deal Structure - Part 1)
Episode 010: (Erik Stark on Owner Finance & Deal Structure - Part 2)

 

Tweetables:

“There are a lot of people in pain and if you’re making $50-75k a year, you’re making more money than 80-90% of the world.”

“One of the worst things that can happen to you is you die and you didn’t live your full potential.”

“If you’re able, you’re obligated.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.


Subscribe To 
The Flip Empire Show, and Leave a Rating & Review!

Apr 26, 2018

Alex answers some of your burning questions on today’s podcast! Recently, Alex was asked what are some of the best ways to find private lenders in your market. Alex throws out some creative ideas for you to find some of these guys. Don’t forget to set goals for yourself and to keep at it until you’ve built up your network and your connections!

Key Takeaways:

  • Episode 200 is coming up in the next few days! Alex has a special episode for you, so make sure to tune in!
  • How can you be more intentional with building relationships with private lenders?
  • Where can you go to network and find these key lenders?
  • Auctions, charity events, nice restaurants. These are all good places to look for private money lenders.
  • Set a goal to reach out to these people on a daily or weekly basis.
  • Follow the money.
  • Ask your sellers!
  • Do not judge a book by its cover. You never know who’s who. Wealth likes to hide sometimes.
  • How do you guys raise capital?
  • By the way, if you guys have deals, reach out to Alex as he would love to hear from you.
  • Do not miss out on Episode 200!!!


Mentioned in This Episode:

Alex would really appreciate it if you could leave a review in iTunes: Flip Empire on iTunes

Network with other business professionals, and get referrals at your local Chapter: BNI.com

USChamber.com

Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com

 

Tweetables:

“Think about places that people with money are going to go hang out.”

“Follow the money. Where does the money go?”

“You’re not asking for money, you’re presenting opportunities.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Apr 23, 2018

Alex shares some wisdom on how to keep a steady flow of cash buyers in your pipeline. If you don’t have any cash buyers to turn to when you’ve locked up a contract, then you don’t have a deal! As the market shifts, you’re going to find it harder and harder to get a cash buyer, so it’s important to develop and build those relationships now before it’s too late.

 

Key Takeaways:

  • Keep an eye out for episode 200!
  • Thank you so much for submitting your iTunes reviews. It really helps out the show.
  • Shoutout to Angel, Jake, and Sean for writing a review!
  • If you go to the Flip Empire website and use the search function, you can find a wealth of knowledge!
  • Alex has dived into the topic of cash buyers in the past.
  • The market is going to shift.
  • Alex personally knows guys who do 10-15 deals a month and they don’t do any marketing to sellers.
  • Buyers are getting cautious right now.
  • Make sure you have KPIs on how many potential buyers you speak with.
  • When the market shifts, you want to have more options.
  • Take one action on this and get to work!


Mentioned in This Episode:

Alex would really appreciate it if you could leave a review in iTunes: Flip Empire on iTunes

Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com


Tweetables:

“The market is going to shift, guys. That’s just the way real estate cycles work.”

“Don’t get lazy. Make sure you’re refining your cash buyer system.”

“When the market shifts, it’s going to put a lot of pressure on cash buyers.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Apr 19, 2018

Alex recently had three deals fall through and he felt absolutely awful about it. He tried to ask himself how he and his team could have handled those deals better, but really there was nothing much for them to do. It’s okay to let yourself be human and feel disappointed/sad/etc, but don’t let yourself get stuck in that rut. Keep your head up and keep moving forward!

 

Key Takeaways:

  • Alex is about to hit 200 episodes!
  • Please leave a review on iTunes if you can! It helps out the show.
  • Next week Alex is headed off to Scottsdale to attend a multi-level mastermind.
  • It’s important to be intentional about what you want.
  • Recently, Alex had three deals fall through.
  • Life isn’t always going to go according to plan.
  • You’re either going to win or you’re going to learn.
  • Give yourself some time to be human, but don’t get stuck in negative emotions.
  • You have the power to control your thoughts and your feelings. Don’t let anyone take that away from you.
  • Remember, people are your assets.

 

The Flip Empire Inner Circle

Want to close more deals and generate more revenue? Have questions you want to ask me? Interested in generating more leads, creating systems, automating your business, or just growing as an Entrepreneur? This isn’t your typical coaching program that charges you b/w $5,000 - $50,000. This is a small community of experienced, like-minded, successful Real Estate Investors. Click To Apply, and let’s talk!

 

Mentioned in This Episode:

FlipEmpire.com

Flip Empire Private Facebook Group

Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Interested in joining The Flip Empire Inner Circle (Small Group Consulting Program), apply here: Flipempire.com/application

 

Episode 168: Tim Bratz Dives Deep on Going from Solopreneur to Entrepreneur, Multifamily, Private Money, JV Relationships, and How to Triple Your Income by Tapping Into Your Unique Ability

 

Tweetables:

 

“When you ask yourself better questions, you’re going to get better answers.”

 

“By the way, life is not always going to go as planned.”

 

“You’re either going to win or you’re going to learn.”

 

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page and record your question. We’ve made it super easy for you, so let us know what challenges you are having and Alex will answer it personally!

 

Did you get your FREE Online Course?

Text the word EMPIRE to 67076 and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

 

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Apr 16, 2018

Dan Gibson has been in real estate for the last 7 years and around 4 years ago, he got into mobile home parks with his brother. Dan currently owns two parks in the St. Louis area and he has a third one under contract. Dan answers all of your burning questions about mobile home parks and the kind of cash flow they generate on this week’s episode!

 

Key Takeaways:

  • Why do mobile home parks have such a bad stigma?
  • How did Dan get started in this business?
  • What are some of the benefits of owning a mobile home park?
  • Dan discusses some of the challenges that might come up with mobile parks.
  • Look for properties that range from 20-100 lots. These parks are often too small for the ‘big guys’.
  • Where are these mobile homes located?
  • A quick rule of thumb to find out whether you have a good location is to see if there’s a Walmart nearby. That’s a good sign.
  • How did Dan accidentally buy his first mobile home?
  • Dan discusses what his expenses are for the mobile home and how much cash flow he walks away with.
  • How much time, on average, does it take to manage a park?
  • How did Dan find his second park?
  • How can you find your first deal and get started in buying mobile parks?
  • Dan shares what are some of the key things you need to look for when buying a park.
  • Can Dan do this business virtually?
  • How does Dan find his deals?
  • Dan breaks down the due diligence process.
  • Dan has compiled a quick PDF for you to download! Check the show notes!

Mentioned in This Episode:

I would greatly appreciate an iTunes Review :-) Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Grab your "Top 5 Reasons to Invest in Mobile Home Parks vs Apartment Complexes" PDF here: FlipEmpire.com/trailers

Connect with Dan Gibson to learn more about Mobile Home Park Investing here: Trailerparkbros.com  and/or follow them on Facebook: Facebook.com/trailerparkbros

Search Mobile Home Parks for sale: Mobilehomeparkstore.com

 

Tweetables:

“You don’t realize how many mobile home parks are in your area. They’re usually tucked behind something.”

“Once you get your mobile park under contract, it’s a full 2-3 month due diligence process.”

“Managing a 30--lot park usually takes between 3-5 hours a week.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.


Subscribe To 
The Flip Empire Show, and Leave a Rating & Review!

Apr 12, 2018

Alex recently got back from a mastermind and took away some really good points. One of them being is that as the leader of your company, your job isn’t 100% all about building the product you’re selling; your job is to build the team. A good team will help take you way further than no team. As a leader, you want to bring your team up and serve/help them to the best of your ability, not just manage them.

Key Takeaways:

  • It’s important to implement good ideas right away. Don’t wait!
  • Are you thinking like a leader?
  • As the CEO, it’s your job to build the team, not so much the product. Your team builds the product.
  • Don’t just look at yourself as CEO, look at yourself as a coach as well. Provide your team with real leadership. Don’t just ‘manage’ them.
  • You want your team to be better people in life and professionally.
  • Things get better in your life when you serve others.
  • It’s cliche, but true. Your network is your net worth.
  • The quality of your relationships is going to directly impact the type of person you are and the type of life you live.


Mentioned in This Episode:

Alex would really appreciate it if you could leave a review in iTunes: Flip Empire on iTunes

Episode 15: “Set Yourself up for Success With a Morning Routine — Thursday's Q&A Session”

Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com

Book Recommendations:

The 4 Disciplines of Execution: Achieving Your Wildly Important Goals, 
by Chris McChesney, Jim Huling, and Sean Covey

Good to Great: Why Some Companies Make the Leap...and Others Don't, by James C. Collins

 

Tweetables:

“Your job as an entrepreneur — your job is to build the team; not so much build the product.”

“My responsibility is to attract the right talent, my responsibility is to put them in the right seat on the right bus.”

“Look at yourself as a coach and provide your team with real leadership, not just management.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Apr 9, 2018

This is Ramon (Ray) Gonzalez’s third appearance on the show! Alex and Ray go way back and this week’s episode focuses on why mindset, surrounding yourself with amazing people, and holding yourself to a higher standard are so, so important for you, your family, and your business. Be sure to check back on the earlier episodes with Ray (links in the show notes).

Key Takeaways:

  • Are your dreams for sale?
  • When things get hard, instead of giving up, you gotta lean in!
  • Hold yourself to your standards. Get people to call you out.
  • You’re never going to get more than whatever you think you’re worth.
  • Why does Ray love attending masterminds?
  • By hanging out with amazing people, they help catch you and keep you to a higher standard.
  • If people are not enhancing your life, why are you wasting your most valuable commodity (your time) on them?
  • How do you turn an acquaintance into a true friend?
  • Remember, relationships are built over time.
  • People can tell if you’re being fake or if you’re being sincere and genuine.
  • What kinds of benefits can you get from attending a high-level mastermind?
  • When we pay — that’s when we pay attention.
  • You have to do your own pushups. No one else is going to do it for you.
  • Make sure you’re clear on what you want, not on what you think you want because you see other people’s success.
  • Ray is hosting a mastermind! Who is this event for?
  • The growth process never stops. While we’re breathing, we are growing.

 

Mentioned in This Episode:

I would greatly appreciate an iTunes Review :-) Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Episode 54: Timing is Everything in Real Estate!

Episode 56: You’re in Control of Your Deals!

Connect w/ Ray about his next Mastermind Here (and tell him I sent you).

 

Tweetables:

“When things get hard, that’s when you have to press in, that’s when you have to lean in.”

“You’re never going to get more than whatever you think you’re worth.”

“Once you cut all the masks and show who you really are, that’s how you build relationships.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.


Subscribe To 
The Flip Empire Show, and Leave a Rating & Review!

Apr 5, 2018

Alex has seen his morning routine evolve over the years, but he has never forgotten the importance of having one. Nearly every high-level achiever out there has a morning routine and there’s a reason for it. On today’s episode, Alex shares what his morning routine looks like and leaves you with seven questions (courtesy of Tony Robbins) that you should be asking yourself daily.

Key Takeaways:

  • Always strive to improve yourself. Find people who lift you up.
  • Make sure you enjoy the journey as you’re striving for your goals.
  • Alex has noticed that high achievers have some sort of morning ritual.
  • Alex’s morning ritual has changed over the years. He reflects on what he used to do three years ago.
  • What happens if you don’t have a morning routine?
  • Alex shares what his current morning routine looks like.
  • Flood your body with water when you wake up. Your body is dehydrated!
  • Alex watches his vision video every morning while he’s brushing his teeth.
  • Goals are kind of meaningless until there’s a strong reason attached to them. When you write down your goals, make sure they MEAN something to you.
  • Tony Robbins recommends that you ask yourself these seven questions.


Mentioned in This Episode:

Alex would really appreciate it if you could leave a review in iTunes: Flip Empire on iTunes

Episode 15: “Set Yourself up for Success With a Morning Routine — Thursday's Q&A Session”

Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com

 

Tweetables:

“That should be everybody’s goal, to be the best version of yourself that you can possibly be.”

“It’s not what you get, it’s who you become.”

“When you don’t have a morning routine, you wake up in worry.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Apr 2, 2018

Bryan Schroeder has been flipping houses full-time for the last 15 years and has also been in the rental business for the last 12 years. Recently, he has gotten into lending and loves it more than the other two business! When Bryan quit his full-time job to get into real estate, he was raising five children (with the youngest being one month old), how on earth did Bryan do it? On today’s episode, Bryan breaks down his two main business and explains how he’s made his lending business easy to handle and incredibly enjoyable to run.

Key Takeaways:

  • Bryan and his team did 143 flips and they own 136 rental properties and he has a lending business.
  • Bryan loves being in lending compared to flipping and rentals.
  • How did Bryan first get started in real estate?
  • Was it easy for Bryan to make the switch to real estate investing full-time?
  • Over a 12-year period, Bryan kept about one rental a month. How did Bryan structure his finances to do that?
  • How was Bryan able to grow both his flipping and rental business at the same time?
  • The BRRRR Method Explained...
  • Why does Bryan like his lending business the most?
  • How does Bryan screen his investors?
  • In the last 2.5 years Bryan has been lending, none of his investors have defaulted.
  • Where does Bryan think the market is going right now?
  • What advice would Bryan give his 25-year-old self?

 

Mentioned in This Episode:

I would greatly appreciate an iTunes Review :-) Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Bryan's Flipping Business: Fasterhouse.com

Bryan's Lending Business: Fasterfundslending.com


Tweetables:

“We got a good flipping business going, which allowed us to start cherry picking some of the best deals to keep as rentals.”

“I am always looking for our borrows to succeed and make money.”

“Just enjoy the journey, man. Be present every day.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.


Subscribe To 
The Flip Empire Show, and Leave a Rating & Review!

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