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The A Game Podcast: Real Estate Investing For Entrepreneurs

The A Game Podcast: Bill Allen: 100+ Deals a Year Military Vet Talks Integrity, Systems & Focus

The A Game Podcast: Real Estate Investing For Entrepreneurs

Nick Lamagna

Business, Entrepreneurship, Education, Self-improvement

5.0101 Ratings

🗓️ 25 May 2020

⏱️ 71 minutes

🧾️ Download transcript

Summary

Nick sits down with Bill Allen, who is one of the nation's top house flippers, wholesalers, and real estate investors, host of the 7 figure flipping podcast and a Navy pilot who fell into real estate investing due to his constant military moves. He got his start in real estate as an accidental landlord when he moved from Pensacola, Florida in 2011 to England to go to test pilot school. When he got back to the US, he was getting married and wanted to figure out a way to fully retire in his early 40's.

Bill started buying rental houses and quickly realized that he was running out of money to build enough passive income to fully retire on. That's when he turned to house flipping to build the capital required to buy more rentals. Bill started a company called Blackjack Real Estate, LLC and he enjoyed flipping houses so much that he has continued to use that strategy. In today's podcast Nick talks with Bill about what made him so successful. He says that aside from not getting bogged down with the numbers and analysis, he looks for a lot of foreclosures and using a direct-marketing approach or he looks for what would make a great rental property for the area.

 

BLACKJACK REAL ESTATE Blackjack Real Estate? Founded in 2016 by Bill Allen, a veteran and real estate professional, Blackjack Real Estate began its mission of helping homeowners sell their homes for cash. Blackjack purchases, renovates, and sells homes in Pensacola Florida, Chattanooga and Nashville Tennessee, Huntsville Alabama and Bowling Green Kentucky.

 

Its strategic business plan allows them to remain incredibly fair with cash offers while still remaining profitable and creating valuable partnerships with local contractors, real estate professionals, and wholesalers. What began as a one-man operation has quickly become a team of 12+ members who are experts in their fields and passionate about real estate and helping others.

 

 

Links and Resources from this Episode

 

Connect with Bill Allen https://blackjackre.com

Connect with this guest www.7figureflipping.com

Instagram: @7figureflipping

Facebook: www.facebook.com/7figureflipping

 

Connect with Nick Lamagna

nick@nicknicknick.com

www.nicknicknick.com

Phone: 630.384.9443

Youtube Channel:

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LinkedIn:

 

Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Apple Podcasts Stitcher Spotify @ www.nicknicknick.com/links

Thank you,

 

Transcript

Click on a timestamp to play from that location

0:17.0

Welcome to the A-game podcast with Nick Lamagna, digging into the minds and experiences of some of today's brightest

0:21.0

entrepreneurs in real estate and business,

0:23.5

along with Hollywood Stars,

0:25.2

UFC fighters, and your favorite rock fans.

0:28.3

People that have figured out how to overcome obstacles,

0:31.1

take chances, live boldly, and no matter what they do, they always bring their

0:36.7

A-game.

0:40.7

All right, my guest today on the 8 game podcast is Bill Allen.

0:45.4

Bill Allen is the founder of Seven Figure Flipping.

0:48.1

He is the host of the Seven Figure Flipping podcast.

0:51.3

He does over 150 to 200 deals in Tennessee in Florida. He is a military

0:57.5

Navy correct, right? Yep. Thank you for your service. Military guy turned a full-time real estate investor.

1:05.4

He's got masterminds.

1:06.5

He's done a whole bunch of stuff.

1:07.6

He's doing private funding raises.

1:09.6

He's a wealth of knowledge and I really appreciate him giving me an hour of his time today.

1:14.3

So we were just talking a little bit before we got going and I love first off talking to military people.

1:20.2

Thank you very much for your service.

1:21.6

Yeah, you're welcome, Nick.

1:23.6

It's been my honor to serve over these few years.

1:25.6

So it's always interesting when, and I don't mean to cut you off,

1:28.6

but it's hard for a lot of military, I find it's hard,

...

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