Stop Missing Opportunities to Do Deals - Beau Beery

Multifamily Missteps Hosted by Christy Keeton

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 Beery
• Data scientist that figured out real estate
• Perception of reverse or slowing down in the multifamily field

[06:02 - 12:44] Crunching the Numbers for Better Profitability

• A big mistake of those who can buy tweeners
• Crafting an efficient marketing engine in place
• Decreasing expenses for a favorable net operating income

[12:45 - 29:00] How Passing Up Opportunities Becomes Detrimental

• Diet plan in coming out reputable in the real estate realm
• Property appraisers on taxing properties
• The algorithm as pinpointers or reliable basis

[29:01 - 35:55] Closing Segment

• Take advantage of technology to scale your operations
• Final words

Tweetable 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 Beery

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Are 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.