Quick Tips For Scaling & Automating REI Business
If you want to grow your real estate investment business and do more deals while the market is hot, then here’s what you need to automate and scale it.
Put these things in place and you can actually enjoy the free time and quality time this business should be providing you. While also gaining the time to focus on the highest value items to really get to the next level.
Great CRM Software
If you aren’t using a software database to drop your leads in and manage them, then you are doing things the hard way, and the slow way.
You might get away with pen and paper or an Excel file for your first couple deals. Though the longer you wait to implement a CRM program, the harder and more expensive, and disruptive the transition will be later.
Pick one that integrates easily with your other software, is affordable, not too complex, and that you can get running with quickly. Close.io seems to be one of the great options out there today.
Automated Follow Up
Most of your real estate deals will be closed with the follow up. If you aren’t following up, you are probably missing out on 90% of the deals you could be doing. In turn you are wasting a ton of time, and 90% of your marketing.
Whether you use email, text, ringless voicemail, or something else, the most efficient way to do this is to create automated sequences that go out on their own in your CRM.
A Buyers List
As a real estate wholesaler or flipper, it really doesn’t matter how many deals you find, or how great they are if you can sell them immediately.
Ideally you will have buyers waiting, and taking your inventory the same day you close on it.
Build your buyers list and things will flow more smoothly and profitably. You won’t get stuck with bad deals either.
The best buyers to add to your list are those that will buy multiple properties from you each and every month.
A Bigger Marketing Budget
Every time you raise your goals, you need to raise your marketing budget. If you want to do twice as many deals next month, then you need to be prepared to invest twice as much in your marketing. If you want to do triple the deals, then triple your marketing investment.
If you aren’t getting the results and returns on your marketing you want, and you’ve already been doing the above, then invest in better marketing experts to get better results.
Summary
If you crave more time, and want to do more deals and dollars, then start scaling your real estate investment business using these tactics.
Top Funding News
|
|
|
|
|
| Linked In | You Tube | Google+ |
"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA
