I'm excited to have Justin Williams on the show again. He's a great house flipper, an inspirational person, and a good friend of mine in the business. He has some exciting things set up for this year. Justin has been investing in real estate full-time for about nine years, and he currently flips about 100 houses a year.
In handling this enormous number of flips, Justin emphasizes the importance of systems. He only works on his business a few hours a week, but he has the right systems in place and the business keeps running without him. To get to this point, he eventually hired people to work for him. Obviously a beginner can't hire a bunch of people right away, but knowing when and what to delegate is crucial.
A lot of investors resist the idea of hiring someone to do work they could be doing themselves. But that's the only way to scale your business. When you hire people, it frees you up to grow your business. Justin puts it in a great way: you have to decide if you are just an investor or a business owner. If you are a business owner, you have to act like one.
2014 was a successful year for Justin; I highly recommend that you listen to the full episode for his recap. He's definitely building for the future of his business, and learned a lot about the importance of setting the right goals.
A few years ago, Justin started a great program called House Flipping Formula. If you've been listening to the podcast for a while, you've definitely heard me talk about it and it's been a great success. In today's episode, Justin unveils the latest update - House Flipping Formula 4.0. This is a dramatic improvement with an unbelievable amount of additional content, and instruction.
Listen to the full episode to hear Justin explain the only three things you need to be successful as a house flipper or wholesaler:
The program is for those of you looking to build a legitimate business. We don't want anyone who's not serious about the business in the program. We expect you to collaborate, share your success, and give back to the community. I'm proud to be a part of this program and I'm proud to be talking about it on the show.
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