EP147: Alex’s Opens up on his KPI's for the South Florida Market

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Alex receives a lot of questions about what his KPIs (Key Performance Indicators) are and what do his marketing numbers look like before he closes on a deal. Well, today’s your lucky day because he reveals all that info and more on this week’s show! You’ve got to know your numbers but just remember every market is different. What works for Alex might not work for you.

 

Key Takeaways:

  • If this podcast has helped you, reach out to Alex and let him know!
  • Alex regularly gets questions on what kind of numbers and KPIs he has about his business and — guess what — he’s going reveal those numbers to you on the show today!
  • However, here’s a quick caution: numbers vary and Alex’s numbers might not apply to your numbers in your market.
  • Keep track of your KPIs and look at them on a weekly basis.
  • On average, Alex makes $21,540.26 on a direct mail campaign.
  • It takes Alex 53 leads to get 1 deal.
  • Cost per lead is $37.10 for direct mail.
  • If you can just improve a little bit of your business every single day, it makes a bigger difference than trying to change the entire system overnight.
  • Last year, Alex was having to spend $4,262.82 to get one deal that would net him about $20k. This year, it’s now $1950.
  • What KPIs should you be tracking?
  • Interested in joining Alex’s Inner Circle group? 

 

The Flip Empire Inner Circle

Want to close more deals and generate more revenue? Have questions you want to ask me? Interested in generating more leads, creating systems, automating your business, or just growing as an Entrepreneur? This isn’t your typical coaching program that charges you b/w $5,000 – $50,000. This is a small community of experienced, like-minded, successful Real Estate Investors. Click To Apply, and let’s talk!

 

Mentioned in This Episode:

 

Leave a review here: Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Interested in joining The Flip Empire Inner Circle (Small Group Consulting Program), apply here: Fflipempire.com/application

 

Tweetables:

“Just know that these numbers may not mean anything to you.”

“If you’re not tracking your KPIs, start tracking them! Look at them on a weekly basis.”

“Manually, your call reps will do 60-80 calls a day, but that isn’t as important as meaningful convos with sellers.”

 

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

 

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

 

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