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

<p>Real estate investing has the power to change your life. Today on&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">the BiggerPockets Podcast</a>, we chat&nbsp;with an investor who’s tried his hand at everything from house flipping to new construction — and much more!&nbsp;Our guest&nbsp;Todd Whiddon&nbsp;shares with us&nbsp;how&nbsp;he is building a massively successful business while still making big plans to achieve&nbsp;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.</p><p>Whatever avenue of real estate investing you’re focusing on, don’t miss out on this episode! It’s sure to&nbsp;leave you inspired and motivated to take your investing to exciting new places.</p><p>In This Show We Cover:</p><ul><li>How Todd&nbsp;got started&nbsp;in real estate after the collapse of this multimillion dollar company.</li><li>The story of his&nbsp;“two starts” in real estate</li><li>Flipping property&nbsp;after the crash</li><li>The ins and outs of Todd’s&nbsp;“live and flip” strategy</li><li>Why you might want to&nbsp;run&nbsp;a real estate business&nbsp;like a cabinet business</li><li>Tips for building a&nbsp;top notch team</li><li>How to&nbsp;successfully&nbsp;manage&nbsp;a business</li><li>Problems&nbsp;Todd has&nbsp;faced in his real estate career</li><li>The huge&nbsp;flooring mistake&nbsp;Todd made when he started flipping houses</li><li>The details of how&nbsp;tax sales&nbsp;work</li><li>Lessons on performing&nbsp;due diligence&nbsp;on a property</li><li>How to&nbsp;transact a business&nbsp;the right way</li><li>Plus MUCH more!</li></ul><p>Links From the Show:</p><ul><li><a href="https://www.biggerpockets.com/files" target="_blank">BiggerPockets’ Files</a></li><li><a href="https://biggerpockets.s3.amazonaws.com/books/BPNewConstructionDiary-Atlanta.pdf" target="_blank">Diary of a New Construction Project</a></li><li><a href="http://globalle