Host: Landree Morby
MODULE 3/3
Physical driving for dollars is a hands-on real estate investment strategy where investors hit the road, driving through neighborhoods and communities in search of promising properties. Armed with a keen eye and a determination to uncover hidden gems, investors traverse streets and avenues, scouting for distressed properties, motivated sellers, and lucrative investment opportunities.
Unlike virtual methods, physical driving for dollars allows investors to experience neighborhoods firsthand, gaining invaluable insights into local market dynamics, property conditions, and community vibes. Investors can observe the nuances of each neighborhood by going on a literal drive or taking a walk, identifying properties in need of attention or those ripe for investment.
Tips for efficiency
Driving for dollars can consume a lot of time, so it’s crucial to manage your time effectively while maximizing your productivity while on the move. With tools like BatchLeads, you can streamline your process and make the most of every moment.
Utilize features like “Tap to save property” to swiftly add properties to your preferred default list with a simple tap on your mobile screen. Keep track of your exploration by regularly showing your past routes to ensure you cover new ground effectively.
Ensure house numbers are displayed to easily identify properties on your screen, facilitating seamless addition to your list. Enable “performance mode” for optimal functionality while driving, and activate “optimized driving mode” to preload property information, eliminating any delays when adding potential opportunities on the go.
Information to Collect on your drives
Utilizing the BatchLeads mobile app streamlines the process of gathering essential information on properties you encounter! With the simple action of tapping on a property address within the app, you unlock a plethora of capabilities. Capture detailed imagery to meticulously document the current condition of the property, ensuring thorough documentation for your records. Additionally, you can seamlessly jot down pertinent notes, enabling you to remember specific details and observations about each property with ease.
Moreover, the app empowers you to conduct skip tracing effortlessly, facilitating access to valuable contact information for property owners, including their phone numbers and email addresses. This feature enhances your ability to establish direct communication with property owners, fostering efficient and effective outreach. BatchLeads goes above and beyond by offering comprehensive tools for property analysis. Seamlessly run comparables to assess the property’s market value in relation to similar properties in the area. Access mortgage information to gain insights into the financial aspects of the property, find out if they own additional properties and more!
What can I do with the properties I’ve added?
BatchLeads simplifies the transition from identifying potential investment properties to taking actionable steps towards profitability. With its user-friendly interface and powerful features, BatchLeads streamlines the process of converting leads into lucrative deals. Once you’ve pinpointed promising properties, BatchLeads offers robust skip tracing capabilities, enabling you to swiftly obtain contact information for property owners. This facilitates direct communication and lays the groundwork for productive negotiations.
BatchLeads also seamlessly integrates with BatchDialer, allowing you to export leads and initiate outbound calls with ease, maximizing your outreach efforts and ensuring no opportunity is overlooked. As a centralized hub for lead management, BatchLeads provides a streamlined approach to organizing and tracking leads, empowering you to prioritize follow-up activities effectively and capitalize on your real estate investments.
In summary
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