559: 1,000 Units as a Part-Time Nurse and the System That Helped Her Get There w/Stephanie Betters
BiggerPockets Real Estate Podcast
BiggerPockets
4.8 • 16.5K Ratings
🗓️ 18 January 2022
⏱️ 67 minutes
🧾️ Download transcript
Summary
Real estate CRMs (customer relationship management) aren’t the most exciting things to talk about…that is until you look at the results they help build. Before building her own CRM, Stephanie Betters was struggling to grow her real estate portfolio. She had an original goal to acquire fifteen units before her children went to college, but realized that her taxing job as a nurse wouldn’t allow it. For her to hit fifteen units, she would have to scale, automate, and delegate tasks.
She did just that and overshot her goal by a significant margin. As of now, Stephanie has 1,000 rental units and is wholesaling and building another 200 deals per year. She’s doing all of this while working as a part-time nurse, which truly shows her real estate system is a well-oiled machine. But, this system wasn’t just dropped into her lap, she had to build it herself using Salesforce as a base.
If you’ve been thinking about scaling your business, no matter what stage you’re at, Stephanie has recommendations for how to do so in the best way possible. This includes systems for the novice investor/house hacker up to the streamlined syndicator and everything in between.
In This Episode We Cover:
Incorporating “real estate tech” at each stage of your investing journey
Using CRMs like salesforce to automate your entire business
Hiring, training, and leading a team of virtual assistants (foreign and domestic)
“Lead leakage” and how it could be costing you thousands every month
The three most important KPIs every investor should be tracking
Text, email, and other outreach-type automations that will save you time
And So Much More!
Links from the Show
BiggerPockets Business Podcast
BiggerPockets Business Podcast 80: Turning Problems Into New Income Streams With Stephanie Betters
Check the full show notes here: https://www.biggerpockets.com/show559
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Transcript
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| 0:00.0 | This is the Bigger Pocket podcast show, 5, 5, 9. |
| 0:05.3 | I really felt I was at the place of my business where I was doing a lot of things, |
| 0:09.8 | but didn't understand truly what was working. |
| 0:12.5 | It was all kind of gut instinct stuff and less facts. |
| 0:15.6 | So when I started leveraging technology to help me fact find and make good decisions, |
| 0:21.2 | that's when everything changed. |
| 0:22.9 | What's going on everyone is David Green, your host of the Bigger Pocket podcast. |
| 0:33.4 | The show where we teach you how to achieve financial freedom through real estate. |
| 0:37.2 | We do that by bringing on different guests and of achieve success of their own and sharing |
| 0:40.4 | how they did it as well as the mistakes they made and the insight that they may have |
| 0:44.3 | on how you can do the same. |
| 0:47.0 | Look real estate is the best way to build wealth for the average person that I've ever |
| 0:50.5 | seen. You just got to make sure you take consistent action every day. |
| 0:54.8 | Here to support me today in this endeavor is my co-host Craig Kerlop, author of the |
| 0:59.2 | House Hacking Book by Bigger Pockets. |
| 1:01.2 | Craig, what's going on my man? |
| 1:02.2 | David, so great to be here again with you. |
| 1:06.1 | As you can see my voice, still not quite better. |
| 1:09.4 | But you want to share what happened. |
| 1:10.8 | You're a trooper for hanging in with us today with your voice. |
| 1:13.5 | Yeah, it's been like a multitude of things. |
| 1:15.6 | So actually I'm going to blame BP call because I think I was there talking and talking |
... |
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