How to Organize a Deal Board For Your Real Estate Investments

What is a Deal Board? An organizational tool to keep track of all the projects you’re working on Can use any medium- a lot of people use computers Many real estate investors like whiteboards because it gives them a quick idea of what’s going on any time they need to look up something

Columns 1. Address 2. Vacancy (Occupied or vacant?) 3. Appraisal Value 4. Cost of House (Includes Closing Costs) 5. What You Want to Sell it For 6. Repairs

Columns Cont. 7. How You Found the House 8. Title Company 9. Status 10. Date of Close

Formatting Tips Write properties you found yourself in Blue If the lead came from another source (like a wholesaler), mark it in a different color so you can easily keep track of sources

More on Deal Boards Great way to keep track of properties on a daily basis Change the status regularly- is it under contract, active, or have you sent the docs? If anyone you know wants to buy a house they can quickly reference your board too! Great way to share and track progress!

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