7 Figure Flipping Underground - The Real Estate Investors’ Playbook with Bill Allen
I am thrilled to welcome my friend and colleague, Bill Allen, to the show today to talk about his new book! I point out that Bill is by far my most frequent guest and how he has shared his background story in other podcasts. He went from one flip in his first year to sixty-seven in his next year by joining the 7 Figure Flipping Mastermind, blowing up his real estate investing business in a manner very similar to my own path. Bill ended up buying the 7 Figure Flipping company in July of 2019 and has been super busy the past couple of years, but was convinced it was now or never for getting his thoughts and experiences down on paper. We deep dive into his first book, 7 Figure Flipping Underground, in the rest of the interview.
Both of us get the same business-related questions all the time, and Bill expressed the need to have something to hand someone to say, “here is the answer.” The desire to leave something behind for his kids and others to reference was also a strong motivator for Bill to take on this project. We talked about how being part of the 7 Figure Flipping Mastermind group has a large pricetag and he was hoping to be able to share a lot of that type of mentoring with the masses very inexpensively. Bill also talked about writing the book and then feeling it wasn’t quite what he wanted to deliver, so he ended up rewriting the entire manuscript! Because Bill had been inspired to write this book by his dad who is also a published author, I asked how his dad responded when he found out about Bill’s book. Bill said he felt so gratified when his dad told him how proud he was of him.
I was incredibly honored when Bill asked me to read the manuscript for the audio version of this book, so if you haven’t had enough of my voice, you will have to check it out! We did something very cool with the audio version too - I had some questions after reading the book and basically interviewed Bill for some bonus content at the end of each chapter. Bill is basically giving the book away free on his website so check out the link below to get your copy by just paying for postage. Bill also adds that he heard some advice about reading a book while listening to it at the same time, so he has made it easy to get both versions on his website.
I pointed out that Bill has built his company very recently, over the past several years, so that the information in the book is very current and timeless. He has also made some dramatic changes in his business structurally and I wanted him to describe the modifications he chose to make. Bill gave us some background of hiring his team and eventually a COO to basically take over for him of running the day-to-day operations. Then the pandemic changed everything. Bill is incredibly open and honest with the struggles he experienced and how it changed his outlook and goals.
Make sure you don’t miss this fantastic episode of the Just Start Real Estate Podcast with Bill Allen and get all of the inside scoop on not only his new book, but also his recent business challenges and changes! Bill is such a great guy and we just have a blast in this interview… join us!
Notable Quotes:
“This book is the definitive guide to helping you get started in your real estate business.”
- Mike Simmons
“Usually when people haven’t gotten started with something, it is because of a lack of information and/or fear.”
- Mike Simmons
“I get the same questions over and over again, so I just wanted this thing, this book, to say, ‘Here is the answer.’”
- Bill Allen
“This book can open people’s eyes to off-market real estate deals and the strategies and techniques shouldn’t change because they are fundamental principles.”
- Bill Allen
“7 Figure Flipping Underground is the cheapest way to get $25,000 worth of mentoring.”
- Mike Simmons
“I guarantee that there is stuff in this book that you don’t know or haven’t thought of.”
- Mike Simmons
“Be open-minded and listen to what other people need and want.”
- Bill Allen
“When we find a superstar kind of person, we have to figure out how to take care of them.”
- Bill Allen
“If I say ‘yes’ to you, I am going to give you everything I got.”
- Bill Allen
Links:
Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
