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

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

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

295: Using the Web to Land 8-12 Deals a Month with Melissa Johnson 01:15:12

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