Deal database - does this exist?

Question

Was thinking about building a database for people to share deals they've done. I know BP has a feature for this but it seems to be light on details a lot of the time and doesn't have a lot of data points I'd love to see.

Curious whether anything like that exists.

Account Closed · Answer

@Scott Trench

And BP will pay @Kalen Jordan royalties/licensing for that idea. Way to generate additional passive income Kalen! J/k 🤣🤑

Kalen Jordan · Answer

Awesome yeah I’ve seen the deals section before it’s always one of the things I’m most interested in when checking out someone’s profile. It doesn’t have much information though. Would love to see returns %, the market, parties that they worked with (lenders, agents, etc).

Seems like a really rich source of data for like you said networking with people that are involved in actual deals.

Also would love to see notes on things that didn’t go as expected, etc.

Obviously some of the negative information/feedback might need to be private as a lot of times people don’t want to say negative things publicly about companies, but that is some of the most important information for new investors trying to learn.

Scott Trench · Answer

This is a great idea. I'm tagging one of my colleagues, the VP of Growth and Analytics here at BiggerPockets, @Dave Meyer. If you look at my profile, for example, you can see my three deals. I'm sure we could somehow make it possible to search the uploaded deals database, look at the deals, and reach out to the investors or agents involved in the deals to help you in your networking!

Dave Meyer · Answer

This is an awesome idea @Kalen Jordan. We do have some of the functionality you're talking about like agent, lender, etc. But would love to chat with you some more about what else you'd like to see. I'll PM you!

Deal database - does this exist?

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