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22 January 2019 | 6 replies
Looking for a good podcast for realtors dealing with lead generating techniques, systems, tools etc.
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25 January 2019 | 6 replies
I am still learning the technique here.Your strategy is very interesting since your initial out of pocket is just a down payment ($13K) instead of the traditional BRRRR where you pay for purchase price and rehab ($50K+40K).
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27 January 2019 | 11 replies
., those are great items to look for when you’re scanning for value add opportunities.If you’re a numbers guy, here is another technique I use to riffle through a bunch of listings on a site like LoopNet to narrow down potential investment options:1) Total Income - 5% vacancy factor = Annual Income2) Determine the annual expenses using the 50% rule you mentioned3) Calculate the Net Operating Income or NOI = (Annual Income -Annual Expenses)4) Determine the cap rate.
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15 December 2018 | 4 replies
If you hire it out time is not an issue but can be costly.Marketing/Showing is time consuming unless you work around YOUR schedule and not everyone else...set appointments on Sunday from 2-3...don't go around tailoring your schedule for 6 PM on Monday for Joe...3 PM on Wednesday for Lisa...most won't show up anyways and those that do are only killing an hour of YOUR time.One thing that you missed is just the general emails/calls/texts that you will consistently get from tenants...best way is to again work on YOUR schedule and not theirs...accept inquiries between business hours and leave after hours for emergencies only.Best of luck...PM me with any questions!
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18 September 2018 | 9 replies
In fact it is a common enough technique.
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8 July 2019 | 34 replies
Then we use some of the techniques already mentioned previously by others.
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6 June 2019 | 2 replies
What techniques can I use to help refine these estimates?
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4 December 2015 | 14 replies
One of our guys uses this and likes it....)Several of our guys use Top Producer which is tailored to real estate (focused on agents of course) and really not that expensive ($85/mo) once you get to the level where you actually need a CRM.But honestly, one of our guys will do several hundred grand this year and they have no CRM.
28 January 2016 | 27 replies
I guess it would of course depend on the area, but I wouldn't waste my money if merely as a marketing technique.
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3 February 2016 | 10 replies
This, to me, is a short term financing technique.