Stop Missing Opportunities to Do Deals - Beau Beery

25/01/2022 35 min
Stop Missing Opportunities to Do Deals - Beau Beery

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Episode Synopsis

Looking at the numbers may seem like a daunting task, but as Beau Beery stressed in today’s episode, getting systems in place is essential. How do we make it easier? The answer is simple: technology. Without utilizing these tools, we might pass up some opportunities that could have been the way to success. By crunching the numbers effectively, we gear ourselves towards profitability.[00:01 - 06:01] Opening Segment Get to know today’s guest, Beau BeeryData scientist that figured out real estatePerception of reverse or slowing down in the multifamily field[06:02 - 12:44] Crunching the Numbers for Better ProfitabilityA big mistake of those who can buy tweenersCrafting an efficient marketing engine in placeDecreasing expenses for a favorable net operating income[12:45 - 29:00] How Passing Up Opportunities Becomes DetrimentalDiet plan in coming out reputable in the real estate realmProperty appraisers on taxing propertiesThe algorithm as pinpointers or reliable basis[29:01 - 35:55] Closing SegmentTake advantage of technology to scale your operationsFinal wordsTweetable Quotes:“I think data is the most concrete reliable thing that we can go off [to] make good decisions from.” - Beau Beery“They'll [investors] pass on it [a deal]. And it's the stupidest thing you could do because what you're doing is, you're relying on what that broker is telling. And not that the broker is lying, it's that every broker and every seller calculates things differently.” - Beau BeeryLearn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkBLearn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCCSupport the showAre you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.

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