Drive for Dollars $$$$$$$$

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Hello BP,

I'm wondering how many properties you find in one hour from driving for dollars.

I have been finding about 20 properties every hour I drive. Would you say that 20 properties per hour is good?

Thank you!

[Chris Low]

Well, I suppose it could be a good thing. Sounds like you're in So Cal where housing is pretty dense so the number of homes you are driving by and the number of leads you're getting seems reasonable (as opposed to more rural areas or areas with much larger lots). However, if you're finding a lot of leads in a short amount of time, I would be thinking about the state of the community as a whole. Is it on the upward trend or downward? If you've hit on an area that has a ton of distressed houses and not a lot of investor competition, you could be ahead of the curve. But if you're in a distressed community that is spiraling downward, it might signal the opposite. Just take the entire local market into consideration before making any offers. But, generally, 20 leads in an hour is a good return on your time.