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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Your Data Sources Are VERY Important

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5884 Ratings

🗓️ 11 December 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

Where you get your data from can make or break your strategy... We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt -- Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/ Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9 Looking to grow in your f...

Transcript

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0:00.0

So what do you look at if someone comes to you and says,

0:04.4

hey, we're doing text messaging, but we aren't having any success?

0:10.4

What do you look at?

0:12.1

Start at the beginning, look at data.

0:14.0

Okay. Where are you getting your data from?

0:16.0

Okay.

0:17.0

I've literally had people, so I'm not making this up.

0:20.0

This is an exact quote.

0:22.0

Yeah, I've got this Lexis Nexus list that I've been using for about six, seven years now. I'm still getting deals out of it.

0:28.0

Okay. Don't do that. Like, like, there are other ways that you can use that list, but if you're using a really, really old list that is mostly going to be outdated information, like your odds of success are going to be really low right?

0:43.4

So the quality of the data matters and where people really miss an opportunity

0:51.2

is to use SMS engagement for retargeting motivated leads of really upping their game

0:59.7

and this is something I'd love to I'd love to get your feedback on,

1:03.5

if you want to transition to this at some point,

1:06.1

is how to use really good marketing

1:08.9

to build lead generation and then take that lead generation and work it through an SMS engagement

1:14.8

system because the that when you can get those more motivated leads people that have

1:20.0

already raised their hand and expressed interest, then your response rate and SMS more than doubles,

1:27.2

your conversion rate more than doubles, it's the easiest way to achieve success through that method.

1:35.0

So having a nice mix of both is really important.

1:40.0

But the first thing we'll look at is data and say,

1:42.0

you know, how much of your data is outbound,

...

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