"π‘ REI Star Secrets: How Kevin Bratch Finds Profitable Pre-Foreclosure Deals Nationwide πΌ"
Manage episode 444198943 series 3310692
Summary
- ποΈ Introduction to Kevin Bratch: Jerome Lewis introduces Kevin Bratch, a seasoned real estate investor specializing in pre-foreclosure properties. Kevin has over 20 years of experience, having built houses, developed land, and owned multiple brokerages. His passion lies in helping homeowners facing foreclosure.
- π‘ Kevin's Real Estate Journey: Kevin shares how he transitioned from construction into real estate. His initial motivation was to avoid working in cold weather by becoming a real estate agent, but he quickly learned the importance of business, marketing, and sales in real estate.
- πΌ Pre-Foreclosures as a Niche: Kevin discusses how he found his passion in pre-foreclosure investments, calling it a win-win for both investors and distressed homeowners. He highlights the different phases of foreclosure and explains how each phase offers unique opportunities for investors.
- π‘ Dressing for Success in Real Estate: Kevin offers advice on dressing professionally in real estate, emphasizing the importance of adapting to your niche. For example, dressing casually when working with pre-foreclosure clients can help establish trust.
- π Key Pillars of a Successful Real Estate Business: Kevin identifies the three key pillars for success: sales, marketing, and money management. He emphasizes the importance of mastering sales first, followed by marketing, to generate leads and close deals.
- π Investing in Both Canada and the U.S.: Kevin shares his experience investing in both the Canadian and U.S. real estate markets. While there are some differences, such as financing and legal processes, he believes that real estate fundamentals remain the same across borders.
- π Scaling Through Virtual Investing: Kevin talks about how COVID-19 forced him to invest virtually, which opened his eyes to the possibilities of scaling his business without being physically present at the properties.
- π» REI Star Software: Kevin introduces REI Star, a software tool he developed to help investors find pre-foreclosure properties nationwide. The tool streamlines the process of finding high-quality leads and simplifies entry into the foreclosure market for new and experienced investors.
- π€ Success Stories: Kevin shares heartwarming stories of helping distressed homeowners, such as a woman living in extreme poverty and a man suffering from both financial and physical pain. These stories highlight the human side of real estate investing and the impact Kevin has on peopleβs lives.
Insights Based on Numbers
- 20 Years of Experience: Kevin has been involved in real estate for over two decades, making him a seasoned expert in multiple facets of the industry.
- Pre-Foreclosure Win-Win: Kevin highlights that investing in pre-foreclosure not only benefits investors but also provides much-needed relief for homeowners, creating win-win situations.
- Scaling with REI Star: Kevin developed REI Star to help investors navigate the highly competitive foreclosure market and find deals across the U.S., offering a scalable solution for growing a real estate business.
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