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Finding Your Competitive Edge in a Saturated Market with Bill Allen
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Bill Allen is a retired navy pilot, seasoned real estate entrepreneur with hundreds of units in his portfolio, and the CEO and founder of 7 Figure Flipping, a high-level real estate mastermind. He is with us in this episode to talk about what trends he is seeing in the US real estate market, what makes a successful real estate investor, and more.
Listen now for expert insights from Bill, his advice for investors struggling to keep up with market shifts, and what you can do today to change the trajectory of your business towards the end of the year!
Key Talking Points of the Episode
00:00 Introduction
01:11 How did Bill get into real estate investing?
04:37 How has Bill’s real estate business grown through the years?
07:05 What business is Bill more involved in today?
09:43 What should people understand about real estate investing?
10:44 Why is social media so important to real estate businesses today?
12:30 How many units does Bill have in his portfolio today?
16:11 Why should you find your competitive edge in business?
19:19 What are the most important things you should be investing in?
22:52 What are real estate investors focused on in today’s market?
27:04 How important is flexibility when you’re in real estate?
33:39 Why do you need to know when to pivot as a CEO?
35:15 What are Bill’s most favorite deals?
37:50 What lessons did Bill learn from his best deals?
38:58 What was Bill’s worst deal ever?
42:01 What lessons did Bill learn from his worst deal?
47:03 Why is it important to make mistakes if you want to grow?
48:34 What has changed with Bill’s approach to real estate investing?
49:22 What is the most overlooked or overhyped investing strategy today?
51:33 How can you get in touch with Bill?
Quotables
“The visual business card right now is your Instagram account, it’s your TikTok, your Youtube, it’s Facebook, it’s LinkedIn – all of those places are really where people go to figure out who you are.”
“People are the system and so finding the right people that have the same values and character you do, and you know are gonna work hard, that are gonna do the right thing when nobody is looking, and have integrity – all of those things.”
“When you think you got it made, like everything you touch turns to gold, you’re gonna get pinned and that’s where I was.”
Links
Website: Bliss
Website: 7 Figure Flipping
https://www.7figureflipping.com/
Book: 7 Figure Flipping
Instagram: Bill Allen
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