In this episode of Fund Flip Repeat, we discuss the critical importance of understanding and tracking Key Performance Indicators (KPIs) in real estate investing. We put great emphasis on the need to focus on revenue as the primary metric for success and explore the difference between leading and lagging indicators. Moreover, we also cover how to define leads (HINT: it's not what you think), the significance of consistency in tracking revenue, and how these principles apply across various business models. The best part? There's A FREE GIVEAWAY!
CHAPTERS
02:41 What are KPIs and why they matter?
06:43 Leading vs. Lagging Indicators
10:25 Leads? Prospects? Sales Metrics?
14:46 The Importance of Consistency in Revenue Tracking
19:58 Applying Metrics Across Different Business Models
IMPORTANT LINKS:
▶Join the Facebook Group! https://www.facebook.com/groups/fundfliprepeat
▶KPI Scorecard: https://docs.google.com/spreadsheets/d/1XzXU2Yx-mjj5jhBKmKfaRdbpR5UP9WJX/edit?usp=sharing&ouid=113451061297206184560&rtpof=true&sd=true
