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Research

Research. Get the Info Needed to Acquire a Homerun Deal Every Time. Outline. Why and How to Take a Business Approach Big Business Phone System for your Small Business How to Pull Comps… The Right Way. Why & How … First Define. Job – group of tasks performed in exchange for pay

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Research

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  1. Research Get the Info Needed to Acquire a Homerun Deal Every Time

  2. Outline • Why and How to Take a Business Approach • Big Business Phone System for your Small Business • How to Pull Comps… The Right Way

  3. Why & How … First Define Job – group of tasks performed in exchange for pay Business – Economic system where products and services are exchanged for one another or money based on their perceived value Business Systems – Methodical process used as a delivery mechanism used to deliver products and services to a well defined market

  4. Why Take a Business Approach Traditional Solo Investing Vs. Real Estate Automation

  5. Traditional Solo Investing • Inconsistent • Limited • Time Consuming • Stressful

  6. Real Estate Automation • Predictability • Reliability • Scalability

  7. How to Take a Business Approach Systems & People

  8. Use an Answering Service • Why? • Scripted • Gives you time to research • Improves your image (professionalism) • Another step towards Automation • Scalable • Duplicatable

  9. Create Portal • Sharable Documents • Goolge Docs • Zoho • Website Creation • Weebly • Webs • Wix • Wordpress

  10. Call Back • The Quicker the Better • Motivation • Type of Sale (retail, rental, rehab) • Only Collecting Info on the First Call • Details about the property

  11. How to Pull Comps.. The Right Way • MRIS – (sorry, that’s just the way it is) • Pictures • Remarks • THIS IS WHAT THE BANKS USE

  12. How to get Comps • Realtors • Networking • Find Investors w/ Access to MRIS • Offer Partnership/Percentage of the Deals

  13. Comps - Criteria • Active • Listed • Sold • Back 1 Year (6 for comps, 6 for trends) • Beds (down but not up)

  14. People • Prerequisites • Dependable • Loyal • Self Motivated • Discipline • People • Thinking • Action

  15. A Culture of Discipline • Less Bureaucracy • Less Policy • More Action

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