Coach for scaling my business

[Adam Mittermeier]

I am looking to scale my house flipping business at the start of the year. Does anyone have any recommendations on a good mindset/scaling coach that is good in this space? Any help or direction would be appreciated.

[Will Barnard]

Sure, lots of people lose on a flip. I have lost 6 figures on flips and that is no fun but part of the business if you do it full time for a long time. Anybody in this biz who has done it for a long time and many has likely had their failure deals. Rather than looking at the total costs of my example of $500k+$125K vs $100k + $10k, it is most important to look at what the final return % was of profit. I personally don't work in a space where I would be making $10k-$20k per flip, that is too low for me, but on a return % basis, that could work with small investment amounts.

Point is, flipping is a viable strategy but it has its ups and downs on a number of different levels so investors should really know what they are getting into and plan to mitigate risks as much as possible.