Data reliance is ultra-prevalent in today’s Real Estate Investing (REI) industry. We, as investors, use databases to find sellers, buyers and lenders alike and some have, unfortunately, come to rely on the MLS and on sites like Zillow to find it. Data is critical to our marketing efforts and to find new deals.
But, not all data is created equal!
Plenty of companies will sell you data, but not all data is accurate, precise, and complete. And “BAD” data can cost you…big time.
Let’s explore the reasons data integrity is one of the primary keys to
I’m back with another Deal Maker Interview!
I recently sat down with Mike, who’s one of our no fee funding clients, to learn how he took an average $10K deal and turned it into a $53K profit on one deal! As you’ll see, he took me by quite a happy surprise!
This is Mike’s first deal using our NO FEE transactional funding and we couldn’t be more proud of him!
Wow. Times are changing and changing fast!
As real estate investors, we’re lucky to be able to do much of our work virtually or from home, but one thing that has become a major hurdle for most investors during the nationwide lockdown is TIME.
Most of our contracts bind us to a specific period of time for things within the contract that need to happen, like inspection periods, appraisals and more. This means that if you were to make an offer on a property today…the clock starts ticking.
…and what happens if the clock hits zero and you’re still
If 2020 taught us anything, it’s that adaptation and innovation are key to continue to thrive when the uncontrollable and unexpected occurs. Every now and then, we come to find that, what worked yesterday, is no longer applicable to today and so we must learn to not only adapt but to become the innovator during opportunistic times such as these. As I’m sure you know, the concept of “virtual wholesaling” has gained quite a bit of popularity as of late, and virtual wholesalers are popping up all across