Too many off-market leads for me to actually execute on

[Max Yuan]

I think we can agree finding good quality off-market leads is not easy. Even with PropStream and PropertyRadar, I'm usually not the first to reach out upon seeing the lead. As a result, I actually created my own frankenstein of an automation pipeline combining public notices, county data and skip tracing so I can get the leads directly from the source and act on them as soon as they are available. Now I am realizing there are too many of them for me to personally execute on, but I also hate the idea of wasted opportunities.

How does an experienced investors actually scale their operations besides just hiring VAs? Does anyone have any experience partnering with different RE teams local to the lead? How are those deals / incentives usually structured?

Thanks in advance!

[Don Konipol]

Quote from @Max Yuan:

I think we can agree finding good quality off-market leads is not easy. Even with PropStream and PropertyRadar, I'm usually not the first to reach out upon seeing the lead. As a result, I actually created my own frankenstein of an automation pipeline combining public notices, county data and skip tracing so I can get the leads directly from the source and act on them as soon as they are available. Now I am realizing there are too many of them for me to personally execute on, but I also hate the idea of wasted opportunities.

How does an experienced investors actually scale their operations besides just hiring VAs? Does anyone have any experience partnering with different RE teams local to the lead? How are those deals / incentives usually structured?

Thanks in advance!

Your title, “new to real estate” may offer a key.  How many properties have you bought?  I would suggest that perhaps all those deals you think you’ve uncovered aren’t really “deals”, just leads.  Depending on the quality of the lead, how much work you’ve done with them, the exact source, the property in question, etc, they may range from worthless to worth a small referral fee.  People don’t get paid a lot for providing a contact information on someone who say is in foreclosure.  The heavy lifting is in WORKING the deal, not uncovering a potential deal. May be small referral fee IF the deal is consummated.