S1E65 - Building A Scalable Real Estate Business

Joseph discussed strategies for building a scalable real estate business, emphasizing the importance of strategic planning, operational efficiency, and smart use of technology. He highlighted the need for defining and standardizing core business processes, leveraging technology and automation, building a strong team, developing a scalable acquisition strategy, and optimizing financial structuring. Joseph also mentioned the importance of data-driven decision making, branding, and marketing.

Joseph emphasizes the importance of having a clear lending strategy when scaling a real estate portfolio. He shares experiences with conventional lenders' limitations and the need for alternative financing like DSCR. Joseph also advises considering data ownership and exportability when choosing property management software.

He discusses maintaining a high email open rate to stay relevant and predicts further interest rate decreases due to job volatility. Joseph shares thoughts on the NAR settlement's impact, suggesting realtor associations may become obsolete as AI streamlines title processes. He predicts changes in Pennsylvania, requiring a realtor license for wholesaling, potentially reducing realtors using outdated marketing.

Contact Our Sponsors
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Perkitech - https://perkitech.com/
Realty411 - https://realty411.com/
MB Capital Solutions - https://mbcapitalsolutions.com/
Joseph @ Lendmarq - https://www.linkedin.com/in/josephvscorese/

Contact Us
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Main Website - https://creativebrrrrstrategies.com/
Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout.com/share/
Email - info@creativebrrrrstrategies.com