JF1218: Using Algorithms & Data To Find Great Deals with Daren Blomquist

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 3 January 2018

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Another great episode to set yourself up for success in 2018. Daren works for ATTOM Data Solutions, a company that tracks real estate data for their customers to use however they wish. The major take-away from this episode (besides knowing how to access and use their data) is that their data shows we are still in an upcycle, with high demand for more supply. Daren says that this may be a great time to sell if you have property you have been holding for some time. We’ll hear more specific market reports from Daren including which markets have great returns,and which ones have become more expensive and less attractive to investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Increased Days On Market is an indicator that the market is weakening” - Daren Blomquist Daren Blomquist Background: - Senior Vice President of Communications at ATTOM Data Solutions (formerly RealtyTrac) - Directs ATTOM Media, a division that publishes original real estate reports sourced from the ATTOM Data Warehouse - ATTOM Data Warehouse, the nation’s most comprehensive property database - Executive editor of the Housing News Report, a monthly newsletter published by ATTOM Data Solutions - Based in Orange County, California - Say hi to him at: https://www.attomdata.com Made Possible Because of Our Best Ever Sponsors:Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:05.0	It also becomes important when you're doing specific deals to know the data for that specific
1:10.9	property as well and all the information about that property that
1:16.2	impacts the value.
1:17.2	Best ever listeners before we jump into today's episode.
1:20.2	For all my fix and flippers out there are your financing costs eating away at your bottom line.
1:25.0	And are you looking for a way to increase your overall profits by lowering your loan payments to the bank or maybe your private lender?
1:33.4	Well, our best ever sponsor, Patch of Land, you know Patch of Land.
1:38.0	You know Patch of Land.
1:39.0	They've been on the show.
1:40.0	Representatives of their company have been on the show many times they've been a sponsor of this show many many times
1:45.8	They're back for war because they've love you and they love working with the best ever listeners and they've got an interesting point of view on
1:55.4	interest rates and that is that it's the interest rates that we are quoted shouldn't necessarily be taken at face value because perhaps
	...

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