How many deals are you reviewing each day?

Question

In a previous podcast one of the most motivating pieces of advice I heard was, "Review at least 3 deals per day." So, as a means to share that motivation with you I pose the question, "How many deals have you reviewed today?" Perhaps you can share what tools you're using to review the deals, whether or not your goal is higher, or ways to streamline the process. I'm more at 3/week, but I'd love to hear from and learn from you.

Joe Villeneuve · Answer

As many as pop up during the day. If 1 pops up, then one. If 30 pop up then 30.

John Cohen · Answer

Kelly Bankes I am a multifamily buyer (100 Units+) and I try to offer on 2 properties a week.

Roy N. · Answer

Kelly Bankes)

Corey Melkonian · Answer

I'm a RE agent and use MLS and review 10-20 or whatever comes my way.

Adam Bartomeo · Answer

It depends on the day but at least 100 week.

Brian Burke · Answer

When I was buying 100+ houses/year (during the heat of the foreclosures in 2008 to 2013) I was analyzing about 50 or so deals per day. I use the term "I" loosely because I had a lot of help.

But that's ancient history. Deal flow like that isn't prevalent these days. Now it's more like 10 or so a day and buying a couple of houses a month.

At the same time, my goal is to analyze one multifamily deal per day (100+ units each). If I can buy four a year that would be a success in my book. During the holidays there aren't as many multifamily deals hitting the market so it's a good time to get ahead of all end-of-year accounting tasks so that I can get my K-1s out early and focus on getting back to analyzing a deal a day in mid-January when the inbox starts lighting up with opportunity.

How many deals are you reviewing each day?

How many deals are you reviewing each day?

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