BiggerPockets Real Estate Podcast artwork

295: Using the Web to Land 8-12 Deals a Month with Melissa Johnson

BiggerPockets Real Estate Podcast

English - September 06, 2018 06:00 - 1 hour - ★★★★★ - 16.1K ratings
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Are you interested in learning how to flip 8-12 houses a month at $30k a pop? Well, this episode may be just what you’ve been looking for! On today’s show, we interview Melissa Johnson—house flipper extraordinaire and owner of the company Lead Propeller, a service that provides websites to help motivated sellers find real estate investors. Melissa provides some incredible information regarding how they find motivated sellers, how they negotiate deals, how they sync up with the best contractors! You won’t want to miss the three things your website NEEDS to generate seller leads, as well as the exact process to estimate rehab costs! Melissa and her husband Danny run the podcast Flip Junkie, and in this episode, they pull back the curtain to reveal the secrets to their business. Don’t miss out on your chance to learn from a seasoned pro!
In This Episode We Cover:

Melissa’s story of getting into real estate

How everything went wrong on her first deal 

Why she doesn’t recommend a “burnout”

Their amazing average flip volume and profit (hint: 8-12 deals a month!)

Her top three lead sources

How she uses SEO to her advantage

Advice on putting up a website

A discussion on flipping vs. wholesaling

How to find the right contractor

Tips for figuring out rehab costs

Things to do when you go over budget

And SO much more!

Links from the Show

BiggerPockets Forums

BiggerPockets Webinar

Mission Meats

BiggerPockets Perks

BiggerPockets Podcast 144: Getting Out of Your Comfort Zone and Kicking Butt at Real Estate with Danny Johnson

BiggerPockets Podcast 018 : Flipping, Marketing, and Wholesaling with Danny Johnson

Episode 2: Is Wholesaling Illegal? w/Brandon Turner (FlippingJunkie Podcast)

Skitch

BiggerPockets Rehab Estimator Calculator

BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod

BiggerPockets Podcast 284: The “Miracle” Behind Becoming a Millionaire with Hal Elrod and David Osborn

LeadPropeller

Books Mentioned in this Show

The Miracle Morning by Hal Elrod

Flipping Houses Exposed by Danny Johnson

The Five Temptations of a CEO by Patrick Lencioni

The Advantage by Patrick Lencioni

Grit by Angela Duckworth

Fire Round Questions

What is the best way to go about finding a dependable, trustworthy contractor in a large city?

What is your criteria for finding a project manager?

Do you strictly work with licensed and insured contractors?

How do you “ballpark” the repair costs for a flip and for a rental so that the turnaround on an offer is faster?

What do you feel are the top 3 skills to do yourself rather than hiring a contractor?

What are the best types of loans to get for buying rental properties and rehabbing them?

Tweetable Topics:

“We are selling them solutions to their problems.” (Tweet This!)

“Sellers feel more comfortable with people who seem real.” (Tweet This!)

“We need to be the ones in control of the situation, not the contractor.” (Tweet This!)

Connect with Melissa

Melissa’s BiggerPockets Profile

Danny Buys Hosues

Flipping Junkie

Flipping Junkie Youtube Channel


Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you interested in learning how to flip 8-12 houses a month at $30k a pop? Well, this episode may be just what you’ve been looking for! On today’s show, we interview Melissa Johnson—house flipper extraordinaire and owner of the company Lead Propeller, a service that provides websites to help motivated sellers find real estate investors. Melissa provides some incredible information regarding how they find motivated sellers, how they negotiate deals, how they sync up with the best contractors! You won’t want to miss the three things your website NEEDS to generate seller leads, as well as the exact process to estimate rehab costs! Melissa and her husband Danny run the podcast Flip Junkie, and in this episode, they pull back the curtain to reveal the secrets to their business. Don’t miss out on your chance to learn from a seasoned pro!

In This Episode We Cover:

Melissa’s story of getting into real estate
How everything went wrong on her first deal 

Why she doesn’t recommend a “burnout”
Their amazing average flip volume and profit (hint: 8-12 deals a month!)
Her top three lead sources

How she uses SEO to her advantage
Advice on putting up a website

A discussion on flipping vs. wholesaling

How to find the right contractor

Tips for figuring out rehab costs

Things to do when you go over budget

And SO much more!

Links from the Show


BiggerPockets Forums
BiggerPockets Webinar
Mission Meats
BiggerPockets Perks
BiggerPockets Podcast 144: Getting Out of Your Comfort Zone and Kicking Butt at Real Estate with Danny Johnson
BiggerPockets Podcast 018 : Flipping, Marketing, and Wholesaling with Danny Johnson

Episode 2: Is Wholesaling Illegal? w/Brandon Turner (FlippingJunkie Podcast)
Skitch
BiggerPockets Rehab Estimator Calculator
BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod
BiggerPockets Podcast 284: The “Miracle” Behind Becoming a Millionaire with Hal Elrod and David Osborn
LeadPropeller

Books Mentioned in this Show

The Miracle Morning by Hal Elrod

Flipping Houses Exposed by Danny Johnson

The Five Temptations of a CEO by Patrick Lencioni

The Advantage by Patrick Lencioni

Grit by Angela Duckworth

Fire Round Questions


What is the best way to go about finding a dependable, trustworthy contractor in a large city?
What is your criteria for finding a project manager?
Do you strictly work with licensed and insured contractors?
How do you “ballpark” the repair costs for a flip and for a rental so that the turnaround on an offer is faster?
What do you feel are the top 3 skills to do yourself rather than hiring a contractor?
What are the best types of loans to get for buying rental properties and rehabbing them?

Tweetable Topics:


“We are selling them solutions to their problems.” (Tweet This!)
“Sellers feel more comfortable with people who seem real.” (Tweet This!)
“We need to be the ones in control of the situation, not the contractor.” (Tweet This!)

Connect with Melissa


Melissa’s BiggerPockets Profile
Danny Buys Hosues
Flipping Junkie
Flipping Junkie Youtube Channel

Learn more about your ad choices. Visit megaphone.fm/adchoices

Guests