Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Avi Cohen
  • Property Manager
  • Trenton, NJ
3
Votes |
5
Posts

Top 3 Things To Do To Grow Your Business

Avi Cohen
  • Property Manager
  • Trenton, NJ
Posted

Hey folks, I'm not on here a lot but wanted to get your thoughts on the 3 top things that YOU do that WORK for you to grow your business(es). 

Most Popular Reply

User Stats

794
Posts
612
Votes
Andrew Michael
  • Lender
  • Frederick/ Falls Church DC, Maryland & Virginia
612
Votes |
794
Posts
Andrew Michael
  • Lender
  • Frederick/ Falls Church DC, Maryland & Virginia
Replied

Here are my 3:

1)  Implementing systems from the start.  I did not do this when I started because I was not thinking long term or large scale.  It was very easy to manage a few hundred leads via excel spread sheets.  Thousands of leads and contacts later I realized that I had to have a better management system.  I am in the process of integrating and it has already had a major impact on business for the better.  

2)  Following up.  I am EXTREMELY diligent at following up with leads.  Every missed call gets a call back, every message returned, and every old lead gets multiple follow ups.  Every time I pass a "We Buy Houses" sign I call the numbers.  It amazes me how many people never call me back even after I have left several messages.  I cant imagine they are very successful or get many deals with that type of customer service.  I have landed several contracts simply because the seller said I followed up and was the most attentive.  

3)  Providing a solution for every customer even if I do not get paid.  I have become very good at pivoting every lead I get so as not to waste any marketing efforts.  In that however I have also really worked to bring the customer value even if it that means passing the lead on and passing on a paycheck.  

For example, when I am doing my cold calls I am first and foremost looking for wholesale deals.  However if the property does not fit the wholesale criteria I can flip it myself, keep it as a rental, help them fix the property and lend on the deal, find a buyer and secure their loan, etc.  This means that my out options with each lead are many.  Even still, there are times when the property is market ready and none of the options I can provide are in their best interest.  In these situations I tell them that their best option is to list the property on the open market and pass the lead to an agent.  This gives me credibility with the sellers and build relationships with agents as well.  I have received referrals due to this kind of transparency.

Bonus #4 - Reading at least 2 real estate related books a month and attending a minimum of 2 meetups a month.    

Loading replies...