In E012, Shawn Allen, an extremely high-volume real estate flipper discusses his approach to life, career and flipping houses. One thing that is abundantly clear is that Shawn is driven. Our conversation starts with learning about how Shawn got started with his first deal, flipping a house, and progressed into a discussion about the nuts and bolts of what to look for in a house to be renovated and how to negotiate a deal.
Key contact Info:
Shawn Allen on instagram @shawn__allen and on facebook at https://www.facebook.com/shawn.allen.98837
Andrew Hines on instagram @theandrewhines or on facebook https://www.facebook.com/theandrewhines
Specific Topics Covered on Today’s Podcast:
- The mindset for success in flipping houses
- The ‘forgiving nature’ or real estate investing
- Avoiding issues with problematic houses including sanitary drain connections getting clogged with tree roots and water problems caused by having large trees in your yard
- building a ‘contingency fund’ into your numbers so that you always exceed your target profit
- land development of a lot that already had three houses on it (severing)
- a case study revealing how Shawn is about to make $400,000 in profit!
Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free
