Ep #26: The 4 steps to building massive deal flow in your RE business – Part 1
Real Estate Investing for Cash Flow with Kevin Bupp
Kevin Bupp
4.8 • 679 Ratings
🗓️ 22 June 2014
⏱️ 37 minutes
🧾️ Download transcript
Summary
Probably one of the most common question we real estate investors (both new and experienced) want to know is; How do I find great properties and generate a steady stream of deal flow to my business in a consistent manner.
To be a successful RE investor, you need leads – a whole lot of them; in fact, the more leads you have coming in, the better chance you’ll find a great deal and succeed as a real estate investor. It’s as simple this equation; the more leads you have coming in will equate to more profitable opportunities that present themselves to you. Finding great investment properties is a numbers game and that “the quality is in the quantity.”
If you utilize the steps I discuss in this week’s show, I promise that you will find yourself in a situation where you’ll have many RE investment opportunities present themselves to you. In fact, if you do things right and follow my advice, you’ll be investing in only opportunities that meet your specific investment criteria – and will avoid the crap that doesn’t fit your target investment strategy.
In this week’s show you will learn the following:
· How to identify your target investment type (location, asset class, condition, size, construction type, amenities, target returns, etc)
· How to have brokers who specialize in your particular niche sending you deals (pocket listing are the best and you’ll only get these types of deals if you have a solid relationship with the broker)
· How to properly identify others who can help feed you deal flow (FSBO’s, asset managers, attorneys, auctions, etc)
· The different methods of prospecting and which ones are the best
· How to qualify your leads to determine which ones fit your investment criteria
· And much more
Transcript
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| 0:00.0 | You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it. |
| 0:09.4 | But you're tired of all the so-called gurus who are all talk and no substance. |
| 0:15.2 | Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen. |
| 0:21.7 | This is the Real Estate Investing for Cash Flow podcast. |
| 0:25.3 | Now, here's Kevin Bup. |
| 0:31.7 | Hey guys, Kevin Bup here with episode number 26 of the Real Estate Investing for Cashflow |
| 0:37.3 | podcast. |
| 0:38.6 | Our mission is to help you build and maintain massive amounts of cash flow through |
| 0:42.6 | income producing real estate investments. |
| 0:44.8 | If you're brand new to the show, I'd like to welcome and thank you for joining us. |
| 0:49.1 | And if you're one of our many loyal listeners who's been out there and who's been listening |
| 0:52.8 | to us for many, many months |
| 0:55.3 | since we started this thing back in the beginning of 2014. I like to thank you even more |
| 1:01.6 | for being a loyal listener. And I hope all you guys that are joining us for the first time today |
| 1:05.9 | join that club and become a loyal listener and join us every week as we share important topics about real |
| 1:12.6 | estate investing and bring awesome guests on the show that are out there really making it |
| 1:16.3 | happening and who have built a sustainable, successful real estate practice. |
| 1:20.5 | Today's topic is an important one and without successfully learning these four steps |
| 1:24.4 | that I'm going to share with you, your real estate business will flounder. |
| 1:27.7 | And the topic is how to build a lead generation machine that will always keep your pipeline |
| 1:31.7 | full of deals that meet your specific investment criteria. |
| 1:35.6 | And on today's show, you're going to learn how to identify your target investment type. |
... |
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