Episode Summary:
Overview of Episode 39
Craig and Jack kick off the discussion with updates on the Corporate Transparency Act. Above all, they emphasize its impact on real estate investors. The act requires LLCs to disclose owners, aiming to prevent money laundering. However, recent Alabama rulings have questioned its constitutionality. This change shows how regulatory shifts can directly affect real estate business growth.
Rising Inflation and Real Estate Market Implications
The conversation shifts to inflation, particularly the PCE inflation report, which shows a rise in goods and services costs. Jack explains that, as a result, mortgage rates could rise, complicating real estate investment. Both Craig and Jack suggest real estate professionals remain agile, watching inflation trends closely to plan for sustained real estate business growth.
Real Estate Business Growth Through Effective Team Building
Craig introduces Josh DeShong, a real estate entrepreneur with multiple ventures. Josh highlights that, for real estate business growth, building a strong team is essential. However, he acknowledges the challenges of retaining skilled people in a competitive market. By empowering team members and providing career advancement, businesses can achieve both team stability and growth.
Leveraging Technology and Data
Josh shares how he uses a tech-driven approach to lead distribution and conversion optimization. With proprietary tools, his team can monitor lead quality and acquisition rates in real-time. This data-driven strategy not only boosts efficiency but also maximizes revenue, contributing significantly to real estate business growth.
Exploring the Trelly Platform: A Marketplace for Wholesalers
Finally, Josh discusses his new platform, Trelly, designed to connect wholesalers with investors. This tool creates a streamlined marketplace for real estate professionals, simplifying deal-making. Trelly aims to enhance real estate business growth by providing a centralized, rated, and reviewed wholesaling platform.
