On this episode, co-hosts Brian Davis (of Davis Real Estate, LLC and Offer Automation) and Dan Riendeau are back – as is Ryan Luby, a guest from Episode 2 of the podcast and Brian’s right-hand man for all things real estate. We’re talking about how we get it done at Davis Real Estate: our 12 Phases for Investment Success.
What you’ll learn from this episode:
- How Brian runs his real estate investment and development company with the help of 40-50 virtual freelancers (0:44)
- How Brian and Ryan use programs like Teamwork and Trello to manage a large virtual team (1:30)
- Our initial property evaluation process (Phase 1) (3:36)
- Why you can’t rely on the listing agent’s photos when buying a property sight unseen (8:03)
- The process of finding the title company or attorney for an out-of-state property (Phase 2) (9:19)
- The many steps involved in preparing a contract – and how Brian and co. ensure that nothing falls through the cracks (Phase 3) (11:38)
- Why Teamwork is Brian’s preferred project management software for day-to-day real estate matters (14:04)
- The resources Brian and his team use to find prospective buyers for wholesale properties (Phase 4) (15:40)
- How to make wholesale closing as efficient and easy as possible (Phase 5) (19:28)
- What “due diligence” entails when it comes to rehabbing a property (Phase 6) (22:12)
- How to determine the scope of work needed on a property – and the best contractors to help (Phase 7) (24:12)
- All the essential to-dos for closing and your new property’s pre-repair checklist (Phases 8 & 9) (25:20)
- How to manage contractors – and get your rehabbed property ready for sale – from afar (Phase 10 & 11) (26:51)
- What to do if you want to cancel a deal (Phase 12) (32:22)
- Brian and Ryan’s best advice for new real estate investors (33:44)
- What Brian has learned from one of his go-to books, Gary Keller’s The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results (http://a.co/glkWxyR
Catch up on past episodes of Not Another! Real Estate Podcast on YouTube (https://www.youtube.com/channel/UCDg952QTPbLEHRFwq…
) or SoundCloud (https://soundcloud.com/brian-davis-741151344
). We’re also on iTunes and Google Play.
Got feedback for our podcast team? Interested in more information about our 12 Phases for Investment Success or our Teamwork template? Seeking a real estate connection in Connecticut? Just want to learn more about Brian Davis and Offer Automation? Reach out to Brian by phone at (860) 919-6996 or by email at [email protected]
, or find us online at http://www.OfferAutomation.com.