If you’re not already, consider using a CRM to keep track of your leads and communications.Network with Buyers First: Building a buyers list before you find properties can make your deals close faster.

Needing to track everything from rentals, scheduling, leases, accounting and marketing - it was a big Ask!

They follow a straightforward process that has proven successful throughout history: increase earnings, reduce expenses, save as much as you can, invest as much as you can, and wait patiently. 

I like the idea of tracking every seller interaction in one place, but now I’m concerned we might end up with way too many properties in our CRM over time.For those of you who use platforms like PropStream or ListSource, are you calling and mailing directly off those lists without uploading them to your CRM?

They are always hit or miss but the best way is a referral because they have already proven themselves to someone you know.6.

The next issue I think is we want this property for us since we just got the LLC started once the project is finalized we don’t have enough track record on the LLC or as a business owner to get a mortage or refinance the property under a mortage.

What is it you are renting/leasing; what is the true reason a corporation wants to rent it (vs. an indivdiual if that is the case); what is the business track record publicly and financially?

As far as building credibility, make sure you are focusing on markets that you have a track record and expertise in.

For example, a bank would never give someone like me who hasn't built before, a loan to build like this, but we are doing it through our company which has a great track record and I will buy it upon completion.I mainly went with a new build because I thought it was a very unique opportunity given the connections I have working in a development and property management company.

And it keeps track of all your capitalization from year to year with each property.