Business

From Barrel Rolls to Flipping Houses: Bill Allen Shares His 7-Figure Secrets

Published

5 years ago

October 14, 2020

When was the last time you felt in control of defining your journey? One of the biggest lessons we’ve learned this past year is that nothing is guaranteed. Still, even in unpredictable times, preparation is the key to overcoming challenges and becoming the hero of your journey.

For Bill Allen, CEO of 7-Figure Flipping, his journey began when he received his ROTC scholarship for the Navy. He traded in his soccer uniform for a military one. There are two vital consistent elements to life in the military that have been transformative for him: The unpredictability of where he’d be headed to next and being surrounded by a community no matter where he went.

If there’s one thing Bill Allen knows, it’s consistently turning uncertainty into opportunity. An entrepreneur at heart, he used the frequent moves during his military service to carve out a new path in real estate.

At first, Bill bought and rented a few houses, mainly in Pensacola, Florida. It took him ten properties to decide that he needed to change his investment strategy. In 2014, Allen sold one of his properties to make a serious profit. That is when he decided to add flipping houses to his real estate investing portfolio. It was around that time that he came upon a community of experienced investors that offered mentorship, business advice, and networking opportunities.

“It’s important to surround yourself with the right people who know and do more than you do. I don’t want to be the person in the room who knows the most,” says Bill.

For Bill, it’s essential to be around those who will not only motivate you but push you to challenge yourself to reach the next level, and he’s no stranger to pushing beyond the limits. When it comes to success in every aspect of his life, determination and preparation have been constant.

However, preparation can only take you so far if you are not ready to act.

He did not wait until he was “fully prepared” to leap into his real estate career. Bill remained in the Navy full-time while he jumped into a new venture because acting was the best way to stay ready while building flexibility into his regimented life. That flexibility has helped him navigate life’s uncertainties, from military moves to his son James’s heart surgeries, to an unprecedented pandemic sweeping the globe.

No amount of preparation can prepare a parent to deal with their child having to have multiple heart surgeries within the first few years of his life. For Bill Allen, although community has always been important in life and business, his son’s surgeries were pivotal in making one thing clear:

Surrounding yourself with the right community can make all the difference in the world when overcoming the highs and lows during your journey.

Community as strength

Those who come to Bill for advice on real estate investing know that they can expect to receive practical strategies rooted in real experiences by someone who’s whole-heartedly invested in his community. Bill doesn’t shy away from sharing with his community the struggles and vulnerabilities he faced in his personal life. For him, what started as another business venture grew into a supportive community where he continues to pay it forward by sharing his system to others learning how to be the hero of their journey.

That’s why Bill is excited to bring this year’s Flip Hacking Live, the flagship 3-day event for house flippers and wholesalers, right into his community’s homes. It was the 7-Figure Flipping mastermind group that changed his mindset and approach to life and business, leading him to create a successful real estate company. Blackjack Real Estate ranked #206 on the INC 500 awards of America’s fastest-growing private companies and #6 in real estate, with a whopping three-year revenue growth of 2,081%. Bill has always been devoted to sharing his knowledge with others. He decided to turn the uncertainty of this year into an opportunity to create a brand-new experience.

This is more than just another virtual event. It’s a community coming together in a safe environment where they will be with others who have similar vulnerabilities and fears, working on building a successful business in uncertain times. There is no fluff in the 7-Figure Flipping mastermind group. It’s real people sharing real advice in a supportive environment, helping you overcome your struggles.

Why learn about house flipping now? Because when genuine opportunities come, you can join the wave of people learning them, or you can already be in a position to succeed. Flip Hacking Live will help ensure that you’re part of the latter group.

So, are you ready to give yourself permission to succeed at the next level, learning Bill’s house flipping secrets from the comfort of your own home? You can register today and use the promo code FLIP5 to get exclusive bonus recordings from previous events. For more information, or to claim a ticket now, visit: https://fliphackinglive.com/virtual2020.

Business

Derik Fay and the Quiet Rise of a Fintech Dynasty: How a Relentless Visionary is Redefining the Future of Payments

Published

1 day ago

October 17, 2025

Matthew Wiles

Long before the headlines, before the Forbes features, and well before he became a respected fixture in boardrooms across the country, Derik Fay was a kid from Westerly, Rhode Island with little more than grit and audacity. Now, with a strategic footprint spanning more than 40 companies—including holdings in media, construction, real estate, pharma, fitness, and fintech—Fay’s influence is as diversified as it is deliberate. And his most recent move may be his boldest yet: the acquisition and co-ownership of Tycoon Payments, a fintech venture poised to disrupt an industry built on middlemen and outdated rules.

Where many entrepreneurs chase headlines, Fay chases legacy.

Rebuilding the Foundation of Fintech

In the saturated space of payment processors, Fay didn’t just want another transactional brand. He saw a broken system—one that labeled too many businesses as “high-risk,” denied them access, and overcharged them into silence. Tycoon Payments, under his stewardship, is rewriting that narrative from the ground up.

Instead of the all-too-common “fake processor” model, where companies act as brokers rather than actual underwriters, Tycoon Payments is being engineered to own the rails—integrating direct banking partnerships, custom risk modeling, and flexible support for underserved industries.

“Disruption isn’t about being loud,” Fay said in a private strategy session with advisors. “It’s about fixing what’s been ignored for too long. I don’t chase waves—I build the coastline.”

Quiet Power, Strategic Depth

Now 46 years old, Fay has evolved from scrappy gym owner to an empire builder, founding 3F Management as a private equity and venture vehicle to scale fast-growth businesses with staying power. His portfolio includes names like Bare Knuckle Fighting Championships, BIGG Pharma, Results Roofing, FayMs Films, and SalonPlex—but also dozens of companies that never make headlines. That’s by design.

Where others seek followers, Fay builds founders. Where most celebrate their exits, Fay reinvests in people.

While he often deflects conversations around his personal wealth, analysts estimate his net worth to exceed $100 million, with some placing it comfortably over $250 million, based on exits, real estate holdings, and the trajectory of his current ventures.

Yet unlike others in his tax bracket, Fay still answers cold DMs. He mentors rising entrepreneurs without cameras rolling. And he shows up—not just with capital, but with conviction.

A Mogul Grounded in Real Life

Outside of business, Fay remains committed to his role as a father and partner. He shares two daughters, Sophia Elena Fay and Isabella Roslyn Fay, and has been in a relationship with Shandra Phillips since 2021. He’s known for keeping his personal life private, but those close to him speak of a man who brings the same intention to parenting as he does to scaling multimillion-dollar ventures—focused, present, and consistent.

His physical stature—standing at 6′1″—matches his professional gravitas, but what’s more striking is his ability to operate with both discipline and empathy. Fay’s reputation among founders and CEOs is not just one of capital deployment, but emotional intelligence. As one partner noted, “He’s the kind of guy who will break down your pitch—and rebuild your belief in yourself in the same breath.”

The Tycoon Blueprint

The playbook Fay is writing at Tycoon Payments doesn’t just threaten incumbents—it reinvents the infrastructure. This isn’t another “fintech startup” with a flashy brand and no backend. It’s a strategically positioned venture with real underwriting power, cross-border ambitions, and a founder who understands how to scale quietly until the entire industry has to take notice.

In an age where so many entrepreneurs rely on noise and virality to build influence, Fay remains a master of what can only be called elite stealth. He doesn’t need the spotlight. But his impact casts a long shadow.

Conclusion: The Empire Expands

From Rhode Island beginnings to venture boardrooms, from gym owner to fintech force, Derik Fay continues to build not just businesses—but a blueprint. One rooted in resilience, innovation, and long-term infrastructure.

Tycoon Payments may be the latest chess piece. But the game he’s playing is bigger than one move. It’s a long game of strategic leverage, intentional legacy, and generational wealth.

And Fay is not just playing it. He’s redefining the rules.