Key performance indicators for explosive growth in real estate, make sure you listen to our real estate podcast series to get the best advice on real estate and investing.
Hi and Welcome to another episode!
My goal is help you create income and wealth though real estate investing; so you can have the life you love in 10 years or less, even if you are investing during your spare time.
Key Points in key performance indicators Episode
KPIs are the numbers use to track results or performance over time. Your goal is to use these information to make better decisions and make changes to your business or systems to improve performance.
KPIs can help you in the 3 following areas:
- Deal Flow;
- Growth;
- Fine Tune the business.
These are the numbers I recommend to track on a weekly basis:
- Number of Prospects you are targeting;
- Marketing costs;
- Leads Generated;
- No. of Appointments;
- No. of Contracts;
- Cost Per Lead;
- Leads Per Contract;
- Cost per contract;
- Estimated Profit Per contract;
- Response Rate.
Listen to the podcast to get more details.
Other Related Posts:
- How to get started investing in real estate with no money
- Find your Niche, What investing strategy you need to choose before you get started
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Our mission at Smart Real Estate Investing (Smart REI) is to empower and inspire people to obtain financial freedom through Real Estate.
We want to show you what it really takes to know the key performance indicators.
Our goal is to share with you what we have put in practice over the years in our real estate business, thru blog posts, videos, interviews, audio, and find information from other successful investors, as well as our favorite entrepreneurs, life coaches, and inspirational people from all over the world to inspire you to be the best you can be.