Best practice for requestimg an MLS drip

[Allen Vestal]

Hi, first time post! This site is awesome, been lurking for a few weeks.

I’ve been listening bp podcasts for little over a month now. I’ve also read buy, rehab, rent, refi, repeat.

Both myself and colleague at work are about to start real estate investing. After watching the 90 day challenge webinar yesterday, Brandon mentioned Leads, Analyze, Pursue, Success (LAPS) to start a mls drip for leads

—Leads—

Are there certain parameters to give to an agent when setting up a daily drip? Like zip codes? School ratings > n? Price range? We would like to build a big list and throw automation around our leads. Should we dump this data into a crm?

—Analyze—

Using Zillow, homesnap etc coupled with bp calcs and rentometer what's a good ROI to target? >12%?

—Pursue—

Should we put our seed money into one property or break the seed money up into buying multiple houses carrying a conventional loan if we can figure out our ROI > 12%?

TIA!