EP 29 – Why Driving for Dollars Is a Waste of Time
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SHOW NOTES
Is driving for dollars truly an effective strategy for acquiring deals? You might have been told that driving for dollars is a great way to collect lists and acquire deals. It’s simple, easy, and doesn’t cost much at all — sounds like a great strategy, doesn’t it? But the truth is, it’s probably not the best use of your time.
In this episode of Collecting Keys Podcast, we talk about how effective driving for dollars is (or, in this case, isn’t) and what you should be spending your time doing instead. We also talk about building trust with and taking care of properties and tenants, which are always intertwined.
Here are some power takeaways from today’s conversation:
Consider the class of your tenants
Build rapport with tenants and prospective clients
Instead of displacing tenants, do what you can to help them
Take tenants’ requests into consideration
Spend time having conversations and building trust with people
Work for other investors and learn from them
Listen to the Episode
EPISODE LINKS
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