Episode Details

With over 25 years flipping more than 700 houses, Brian Burke knows this business better than just about anyone.  He's learned that while this isn't an easy business, your confidence and courage an help you survive and push the limits of your abilities.

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Show Notes

Highlights from this episode:

• Brian's background and how he got started as a house flipper
• The importance of intuition in running a house flipping business
  • 25 years of experience has shown that being smart is good, but your intuition will never fail you.
• Brian's huge career “bump” and how he recovered
• Brian's strategy on buying trustee sale properties
  • The old direct mail strategy
  • The importance of being “hands on”
• How Brian dealt with things that almost halted his real estate career
• The software that Brian developed to help him with his house flipping business
• Why buying properties at auction is not a beginner's game
• The ins and outs of funds
  • How they work
  • The different types of funds
  • Breaking down the profit from a fund
  • The risks of doing a fund

Tweetable Quotes

Tweet these quotes!

• “In a house flipping business, you’re a buyer and a seller everyday” –Brian Burke
• “What you look like doesn’t matter when buying at an auction” – Brian Burke
• “In real estate, as the conditions change, you have to change with them” –Brian Burke
• “Always under-promise and over-deliver” – Brian Burke
• “Doing what you say you’re going to do carries a lot of weight in this business” – Brian Burke
• “People will bring things to you if they know you can perform, and you can shown them you've performed” – Brian Burke
• “Everything in this business is integrity-based” – Brian Burke

Happy Birthday Tara!

I recently made a song and video for my wife, Tara's, birthday and I shared a bit of the song on this week's episode.  Here is the full video so you can all see just how awesome and amazing my wife is! 

Transcript

Click here to Read and Download the Transcript for Episode 43

Links and Resources

• For questions email us at : info@houseflippinghq.com
• www.biggerpockets.com
• www.praxcap.com

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