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.
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
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Enjoy the Real Estate Journey!