HFHQ 43: A Trustee Sale Buyer’s Point of View with Brian Burke - a podcast by Bill Allen
from 2014-05-29T15:00:20
With over 25 years flipping more than 700 houses, Brian Burke knows this business better than just about anyone. He's learned that while this isn't an easy business, your confidence and courage an help you survive and push the limits of your abilities.
Have any questions? Just post them in the comments area below! And if you like what you hear, be sure to click here to subscribe in iTunes. And while you’re there, why not leave us a review and five-star rating?
Show Notes
Highlights from this episode:
- Brian's background and how he got started as a house flipper
- The importance of intuition in running a house flipping business
- 25 years of experience has shown that being smart is good, but your intuition will never fail you.
- Brian's huge career “bump” and how he recovered
- Brian's strategy on buying trustee sale properties
- The old direct mail strategy
- The importance of being “hands on”
- How Brian dealt with things that almost halted his real estate career
- The software that Brian developed to help him with his house flipping business
- Why buying properties at auction is not a beginner's game
- The ins and outs of funds
- How they work
- The different types of funds
- Breaking down the profit from a fund
- The risks of doing a fund
Tweetable Quotes
Tweet these quotes!
- “In a house flipping business, you’re a buyer and a seller everyday” –Brian Burke
- “What you look like doesn’t matter when buying at an auction” – Brian Burke
- “In real estate, as the conditions change, you have to change with them” –Brian Burke
- “Always under-promise and over-deliver” – Brian Burke
- “Doing what you say you’re going to do carries a lot of weight in this business” – Brian Burke
- “People will bring things to you if they know you can perform, and you can shown them you've performed” – Brian Burke
- “Everything in this business is integrity-based” – Brian Burke
Happy Birthday Tara!
I recently made a song and video for my wife, Tara's, birthday and I shared a bit of the song on this week's episode. Here is the full video so you can all see just how awesome and amazing my wife is! 
Transcript
Click here to Read and Download the Transcript for Episode 43
Links and Resources
- For questions email us at : info@houseflippinghq.com
- www.biggerpockets.com
- www.praxcap.com
Many thanks to our sponsor, Yellowletters.com. Use the offer code “HFHQ” for 10% off your first order!
Anchor Loans is one of my main hard money lenders. I absolutely recommend them to help finance your deals
Join our Workshop!
Join our webinar on Thursday, June 12, 2014 at 6PM/9PM (Pacific/Eastern). Learn some tips on how to flip and rehab houses from Justin Williams, himself.
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Like what you hear?
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Click here to leave a review and rating If you have any questions or comments about this show or it’s contents, please post them in the comments area below and I’ll be happy to answer them.
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