November 23, 2015 in Podcasts
I'm happy to have my friend Danny Johnson of Flipping Junkie back on the show today to talk about how to build a successful rehabbing business. Most of you know Danny from his blog Flipping Junkie, but he also has a brand new podcast called the “Flipping Junkie Podcast” which I highly recommend.
Danny is not only a successful rehabber that has done hundreds of deals, but he is also a pretty awesome tech/software guy. He has been created a couple of products for investors which you will learn about in the podcast today.
In today’s show, we are taking a deep dive into how to build a successful rehabbing business.
We covered a lot of ground in this 35 minute podcast. You’ll find a whole lot of content without a lot of fluff. Here is just some of what we went over:
- Why Danny thinks starting out part-time is really a great way to get started
- How to build your new business on your lunch hour and on weekends
- How running into bottlenecks in his business made him create systems
- Hiring and paying your GC’s (general contractors)
- The importance of setting clear guidelines for the folks on your team
- Setting up your business so everything is a “bid and a draw”
- The optimal “draw schedule” for contractors and sub-contractors
- Why you must be consistent in your marketing
- His #1 source of leads (it’s not direct mail)
- REI Mobile and Lead Propeller
You Can Listen to the Podcast Here
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Danny Johnson is a full time real estate investor in San Antonio, Texas where he has built a successful rehabbing business. Danny is also the creator of “Flipping Junkie” blog and the “Flipping Junkie Podcast”.
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