How to Create a Real Estate Investing Deal Board - PowerPoint PPT Presentation

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How to Create a Real Estate Investing Deal Board

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Shauwn Digman of shares how you can organize current real estate investing deals onto a deal board. You can use a whiteboard or a computer and with the right column headings you can quickly access the most important information about your property! – PowerPoint PPT presentation

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Title: How to Create a Real Estate Investing Deal Board


1
How to Organize a Deal Board
  • For Your Real Estate Investments

2
What is a Deal Board?
  • An organizational tool to keep track of all the
    projects youre working on
  • Can use any medium- a lot of people use computers
  • Many real estate investors like whiteboards
    because it gives them a quick idea of whats
    going on any time they need to look up something

3
Columns
  • 1. Address
  • 2. Vacancy (Occupied or vacant?)
  • 3. Appraisal Value
  • 4. Cost of House (Includes Closing Costs)
  • 5. What You Want to Sell it For
  • 6. Repairs

4
Columns Cont.
  • 7. How You Found the House
  • 8. Title Company
  • 9. Status
  • 10. Date of Close

5
Formatting Tips
  • Write properties you found yourself in Blue
  • If the lead came from another source (like a
    wholesaler), mark it in a different color so you
    can easily keep track of sources

6
More on Deal Boards
  • Great way to keep track of properties on a daily
    basis
  • Change the status regularly- is it under
    contract, active, or have you sent the docs?
  • If anyone you know wants to buy a house they can
    quickly reference your board too!
  • Great way to share and track progress!

7
Passive Equity
  • To learn more about real estate investing and
    private lending visit
  • http//passiveequity.com/
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