104: How to Build a Scalable Real Estate Business and Design an Incredible Lifestyle with Todd Whiddon

Real estate investing has the power to change your life. Today on the BiggerPockets Podcast, we chat with an investor who’s tried his hand at everything from house flipping to new construction — and much more! Our guest Todd Whiddon shares with us how he is building a massively successful business while still making big plans to achieve the life of his dreams. Listen for tips on how Todd has handled failure and come out the other side stronger for it, as well as his input on successfully building a solid team and managing a business. Whatever avenue of real estate investing you’re focusing on, don’t miss out on this episode! It’s sure to leave you inspired and motivated to take your investing to exciting new places. In This Show We Cover:How Todd got started in real estate after the collapse of this multimillion dollar company.The story of his “two starts” in real estateFlipping property after the crashThe ins and outs of Todd’s “live and flip” strategyWhy you might want to run a real estate business like a cabinet businessTips for building a top notch teamHow to successfully manage a businessProblems Todd has faced in his real estate careerThe huge flooring mistake Todd made when he started flipping housesThe details of how tax sales workLessons on performing due diligence on a propertyHow to transact a business the right wayPlus MUCH more!Links From the Show:BiggerPockets’ FilesDiary of a New Construction ProjectGlobal Leadership OrganizationBiggerPocket’s Flipping BookBiggerPocket’s Support (email)Diary of a POP TOP Second Story Addition Project – Todd’s Amazin BP Forum ThreadBooks Mentioned in the ShowThe Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties by J. ScottThe 4-Hour Workweek by Timothy FerrissThe E-Myth : Why Most Small Businesses Don’t Work and What to Do About It by Michael E. GerberGetting Things Done: The Art of Stress-Free Productivity by David AllenConnect with ToddTodd’s BiggerPockets ProfileTodd’s LinkedIn Profile