Billy Shivers

Re Simpli Features for Realtors List Stacking Stack all your lists in REsimpli—no need for a separate list stacking software. Choose from various data sets to make list stacking easy, quick, and efficient. Driving For Dollars Our Driving for Dollars (D4$) functions include route tracking and export functionalities so your team can be as efficient as possible. Dialer Boost your real estate success with our Cold Call and Lead Dialers, offering seamless list stacking integration, customizable scripts, advanced dialing options, and efficient lead conversion. Website Enhance your online presence with our free high-converting website tailored for real estate investors, designed to optimize lead generation and conversion. Direct Mail Spend less for more effective Direct Mail Marketing. We offer affordable pricing, rapid turnaround, flexible quantities, and exceptional design options. Drip Campaign No need to juggle different software for different campaign types. Our CRM automates your follow-ups via email, SMS, RVM, direct mail, and more. Speed to Lead Speed to lead will help you connect with motivated sellers in less than 60 seconds from the time lead is created. Buyer Management Manage your real estate cash buyers efficiently with our CRM. Reach out to segmented groups via SMS or Email. Other features include Task Management, Skip-tracing, KPI/Leaderboard, Vendor Management, Speed-to-Lead, e-Sign, File Storage, In-app Answering, SMS much more.... Real Estate Investors can learn more at https://lnkd.in/gPJj--if #empowering #data #driven #success #realtors #marketing #sales #list #stacking #organize #motivated #sellers #maximize #ROI #skip #tracing #source #contact #information

1

How to underwrite a storage development site in 30 minutes or less When someone sends you a deal, you have to be able to quickly determine if it's worth spending additional time or if you're better off dropping it The two back of the envelope metrics I use to quickly judge the profitability of a storage deal are: 1. Yield on Cost: Net Operating Income / Total Project Cost 2. Development Profit: (Net Operating Income / Cap Rate) - Total Project Cost To calculate these numbers, you need to know market rents, expenses, construction costs, soft costs, carrying costs, and market cap rates. Based on our experience, we know what operating expenses, construction costs, carrying costs, and cap rates are for a given market at any given point in time. We like to be use the top end of market rents during initial underwriting, just to see if the deal has any chance of working at all. You also need to verify that the cap rate feels within market, and that the resulting price per foot seems achievable. Cap rates and price per foot metrics fluctuate over time - people that buy tight deals are sometimes saved by the market and sometimes punished. The difference between the yield on cost and the cap rate is your development spread. If you can build to a 7 and sell for a 5, you created 200 bps of margin, or a 40% profit. Development is risky and a lot can go wrong, so that markup will likely shrink by the time the project is done. If you don't have sufficient cushion at the outset, you run the risk of not having any margin left in your deal by the time construction is complete.

8

Purchasing rentals won't make you wealthy I was at my rental to get plumbing issue fixed. The tree roots have tampered PVC pipes, The PVC pipes had to be replaced Costed - $400 If your cash flow is $400 a month, almost lost one months cashflow. --> It is a way to grow wealth --> Also have to use right strategy, Mid term rentals is what I came across, pay 2X of your rental --> Until you are out of Debt-to-income ratio My take is Diversify Pick right strategy to minimize risk __ 🚩 Hey 👋 ! I'm Harita 🚩I want to help you grow your wealth💰 by passively investing #commercialrealestate #investing #realestateinvesting

38

27 Comments

📬 Level Up Your Property Management Emails! 🚀 Communication is your superpower, property pros! Let's revolutionize your inbox game with these 4 email hacks ⬇️ 1️⃣ Subject Line Sorcery: Craft catchy, informative subject lines. Think "Urgent: Roof Repair" not "Important Message" 2️⃣ The 5-Sentence Rule: Challenge yourself to convey your message in 5 sentences or less. Clarity is king! 👑 3️⃣ Emoji Power (Use Wisely): A strategic 🏠 or 🔧 can add personality, but don't go overboard! 4️⃣ Mobile-Friendly Formatting: Short paragraphs, bullet points, and bold key info. Remember, many read on phones! 📱 Bonus Tip: End with a clear call-to-action. What's the next step? Ready to transform your email etiquette? Drop a 💌 below! . . . . . #SmartEmailTips #EffectiveCommunication #PropertyManagers #StreamlineCommunication #ClearandConcise #SuccinctMessaging #VisualAppeal #EasytoRead #BulletPoints #NumberedLists #AvoidAttachments #ShareLinksInstead #EfficiencyMatters #SimplifyCommunication #ProfessionalEmails #PropertyManagement #EnhanceProductivity #OptimizeCommunication #EmailBestPractices #ImproveInboxExperience #TimeSavingTips #EnhanceProfessionalism

2