Business
In this episode, Andy talks about how he broke the scarcity mindset to push him to multimillionaire status! Listen and learn actionable tips and key metrics that will help you along your journey. The stories shared will inspire and the content will help expedite your learning. Andy McFarland launched the 7 Figure Flipping Mastermind with his friend Justin Williams in 2016. His overwhelming passion for education and people has poured into the group and inspired many of the current leaders to their success. He originally began his mentoring path with the I Love Real Estate Stories project in 2014. He bought his first investment property in 2003, and since that time he has bought and sold over 1,500 properties. He is the owner of Enlight Home Buyers which currently purchases over 200 homes per year across Utah, New Mexico, and Indiana. He owns a variety of rental properties in multiple states including single-family homes, apartment complexes, and storage units. He resides in Utah with his amazing wife and their four children. You'll learn: 3:56-4:35 How a treehouse helped him with 3 real estate strategies in his 1st deal. 5:55 Financing his 1st deal 8:22 When you have no option what do you do? 10:10 “Cashflow Lightbulb” 10:47 Benny his 1st mentor unexpectedly & seller finance deal 12:22 Accidental wholesale situation 13:49 Mindset shift how he built his team 18:45 Using a COO & Traction to help scale his business 21:00 Creating a team with only closing 2 deals a month 21:52 Permission to be bigger 24:30 AHA Moment 25:21 How he expanded his wholesaling university 29:30 Removing the scarcity mentality to be your best 29:43 Team member roles 31:30 Marketing to make millions 32:32 Keys to Success 36:15 Transitioning to new markets, how to accomplish this? 39:30 Building buyers list in new markets 41:13 The easy button buyer error 46:07 Know your business through KPI Tracking 48:50 HOT SEAT Questions 52:57 Success is a huge challenge 58:46 Flip Hacking Live Connect with Andy McFarland Flip Hacking Live Book/Resources Request: Level Jumping by Mike Simmons Success is Never Final by Dale Van Atta Almighty by David Butler ---------------------------------------------------- Thanks for listening and if you enjoyed this episode, please share it on social media using the social share buttons below and subscribe for new episode every week! FREEBIES: GET YOUR 15 Minutes Free Consultation Purchase Contract Assignment Agreement Link 15 Questions to validate your seller JOIN OUR CONVERSATIONS: Facebook Facebook group Twitter Instagram Linkedin Website Also, find the show on Feedspot Enjoy the Real Estate Journey!