The Creative BRRRR Strategies Podcast

S1E51 - Identify, Prospect and Solution RE Investor Strategies

August 31, 2024 Joseph V. Scorese Season 1 Episode 51

Joseph discussed the current trends and challenges in the real estate market. He highlighted the increasing role of real estate professionals and the impact of social media on the industry.  Joseph predicted an increase in investor activity in the real estate market despite staffing issues and market stresses, and he didn't foresee a fall market due to rate reductions. He emphasized the importance of strategic foresight, adaptability, and familiarity with various market indicators for real estate investors, and also underscored the need to embrace prop tech innovations, harness data analytics, and identify the right investor management software. 

Joseph emphasized the importance of understanding one's target market and associated demographics for successful business strategies. He stressed the need for daily, weekly, and monthly goals, as well as effective communication and outreach efforts. Joseph also highlighted the significance of being knowledgeable about one's market, including zoning, community outreach, and networking events. He encouraged self-reliance and learning about specific markets, suggesting that this approach could lead to stronger networking and the creation of inbound lead traffic. 

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