The Acquisitions Training led by Tyler Austin, CEO of REISift and an active real estate investor, provides a comprehensive overview and practical insights into enhancing the acquisition process in real estate investments. This session is structured to cover several key aspects of acquisitions, aiming to streamline and optimize the process for participants, from beginners to seasoned investors.
Training Overview
The training is designed to equip participants with the knowledge and tools necessary to effectively manage and track acquisitions from initial lead to closing the deal. Key topics covered include:
- Expectations and Defining Acquisitions: Setting the stage for what acquisitions entail and what participants can expect from the process.
- Building an Acquisitions Flow in REISift: Detailed guidance on creating a systematic flow within REISift to manage acquisitions efficiently.
- New Offers vs. Follow-Up vs. Offer Statuses: Strategies for managing new offers, following up on pending offers, and keeping track of offer statuses.
- Acquisitions in Action: Real-life applications and examples of acquisitions processes in action, providing a practical perspective on the theories discussed.
Specific Features Discussed
- Siftline: Tyler introduces Siftline, a Kanban board within REISift, emphasizing its role in creating a manageable and streamlined process for tracking acquisitions from new leads to closing. This single board encapsulates the entire flow, ensuring that users can track their progress and manage tasks efficiently.
- Offer Tracking: A key feature of REISift, Offer Tracking allows users to track all offers and monitor every step of the deal process for various real estate investment strategies (wholesale, flip, rental, listing). This feature is designed to provide users with a comprehensive overview of their deals, facilitating better management and decision-making.
- Tasks: The training highlights the importance of tasks in streamlining the acquisitions process. Tasks related to offer follow-ups, handling rejected offers, and other critical actions are discussed, showcasing how they can be used to maintain organization and efficiency.
Downloadable Resources
Participants are provided with several valuable resources to aid in implementing the strategies discussed during the training:
- Slide Show Presentation: You get a copy of the training slides so you can read through them at your own pace.
- Acquisitions Training Manual: An outline you can use to create a training manual for your acquisitions team.
- Training Build Worksheet: Outlining the structures and processes built in REISift during the training, this worksheet serves as a practical tool for participants to replicate and adapt the strategies to their own needs.
This training session is not just about theoretical knowledge; it offers a pragmatic approach to acquisitions management, backed by Tyler's extensive experience in real estate investing and the innovative tools developed by REISift. Participants leave the session equipped with the knowledge, strategies, and resources necessary to optimize their acquisition processes and achieve greater success in their real estate investments.