In this episode, Jonathan Farber interviews Anson Young on his path to building a business in flipping. Anson is renowned for his methods of focusing his efforts on a business model that worked for him and turning it into a successful operation while remaining committed to his goal of helping his community. In this episode we delve into topics like choosing a business model, managing a wide inventory of properties, lead generation, and more!


Top Takeaways:


How to pick a business model - 14:00 - 20:10

Look at the opportunities in your surroundings

Use your network to find where you can fill others’ needs and vice versa

Find a risk profile that works for you

Find a way to contribute to what you care about - community improvement

Once you find something that works for you, scale

Be ready to adapt as the market changes

As you build experience, see where you can pivot to keep adding value

Managing different types of properties - 27:15 - 29:40

If it can be flipped, usually do so - most profitable

Unable to flip due to cost, historical district, etc. then wholesale

If beneficial to the seller, put it on the market - be realistic

Having more options to offer a seller can capture more leads and help more people

How to find real estate and generate leads - 31:15 - 46:00

Networking - the more connections you have the more opportunities you will find

Referrals - by keeping in touch with agents, you can help someone that might find themself in a tough spot

Direct to the seller - the more touches you make the more business you will drive

Start your own event - generates instant credibility

Driving for dollars - driving your target neighborhoods gets you familiar with who you’re trying to represent and allows you to target your direct marketing

How to bring value to Anson Young:

Local boots on the ground to help establish new markets in areas friendly to cash flow

Being willing to learn, to do the work, and develop new business opportunities

Resources:


Book by Anson Young: Finding and Funding Great Deals: The hands-on guide to acquiring real estate in any market.


podio.com


Social Links:


BiggerPockets Profile: www.biggerpockets.com/users/anson


LinkedIn Profile: https://www.linkedin.com/in/ansonyoung/


Instagram Profile: https://www.instagram.com/younganson/?hl=en


Company Website: https://ansonpropertygroup.wordpress.com


Connect with the host, Jonathan Farber Here!


LinkedIn: https://www.linkedin.com/in/jonathanfarber1/


Instagram: @jonjfarb


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Facebook Group: Real Estate Mentorship Mastermind


BiggerPockets: https://www.biggerpockets.com/users/JonathanF29