EP 232 - Track These 2 KPIs to Transform Your Real Estate Business

Collecting Keys - Real Estate Investing Podcast

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The most successful real estate investors are data-driven, making decisions based on hard numbers rather than the latest trends. But do you know how to leverage metrics in your off market real estate business? This episode covers essential KPIs you should be tracking and their role in driving the growth of business.

For example, what’s the normal range for these KPIs? Is cost per lead more important than cost per deal? Does lead source matter when analyzing KPIs? What factors can skew your metrics? And most importantly, how do you use these numbers to scale your off market real estate business?

We also dive into recent real estate news, including Biden's rent control plan, rising costs for landlords, tenant protections in government-backed loans — and what it all means for investors. Tune in now!

Topics discussed:

Why KPIs matter in your real estate business (2:24)

The most important KPIs to track in an off-market business (6:25)

Using KPIs to optimize marketing strategies (9:45)

Managing cash flow in your cash conversion cycle (13:29)

The implications of Biden’s new rent control proposal (17:30)

How tenant protections in government-backed loans could impact investors (23:16)

The government shift away from the mortgage industry (26:11)

Connect with Dylan Koch:

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https://twitter.com/DylanKoch2

https://www.facebook.com/dylan.koch.5

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Collecting Keys Podcast Resources:

https://collectingkeys.com/

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

https://www.youtube.com/@collectingkeys

This episode was produced by Podcast Boutique https://www.podcastboutique.com

Kapitler

1. EP 232 - Track These 2 KPIs to Transform Your Real Estate Business (00:00:00)

2. Why KPIs matter in your real estate business (00:02:24)

3. The most important KPIs to track in an off-market business (00:06:25)

4. Using KPIs to optimize marketing strategies (00:09:45)

5. Managing cash flow in your cash conversion cycle (00:13:29)

6. The implications of Biden’s new rent control proposal (00:17:30)

7. How tenant protections in government-backed loans could impact investors (00:23:16)

8. The government shift away from the mortgage industry (00:26:11)