📚 The video introduces the stages of sourcing in property management: investments, developments, and lettings.
🏢 The goal is to provide a one-stop shop solution where clients can find, develop, and rent properties without needing to visit them.
🔑 The focus of this video series is on the sourcing stage, which is the first step in the process.
📚 The video is an introduction to the stages of sourcing.
🔍 Sourcing involves finding and selling deals to investors.
📝 Sourcing is broken down into five key stages: leads, appraisals, deals, projects, and exits.
📊 Lead generators are sources where we can receive leads into our funnel.
💼 Lead generators can include property forums, professional networks, and social media.
🌐 There are various types of lead generators, including websites, organizations, and events.
The video discusses lead generation strategies for sourcing properties.
Different types of appraisals are explained, including residential properties.
The importance of categorizing projects within the source and team for lead generation is highlighted.
🔑 There are three key stages of sourcing: residential, commercial, and development appraisals.
💼 Once a deal is appraised, it is packaged and sold as an active deal.
⏳ The process of completing a deal, including conveyancing and securing financing, takes about two to three months.
There are two possible outcomes after a deal is completed: the investor can either move on to other opportunities or request refurbishment or development on the property.
Sourcing involves finding and closing deals, while development focuses on delivering projects.
At the end of the project, the investor can choose to take over the property or sell it for an exit.
🏢 Property sourcing involves finding suitable properties for investment purposes.
💰 The five key stages of property sourcing include research, lead generation, negotiation, exit strategy, and lessons agency.
📚 Future videos will cover topics like lead generation, appraisals, active deals, and their processes.
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