how much do I have to spend on marketing to get a real estate deal

Do you know how much money you have to spend on leads in order to get a good real estate deal? Today's video I'm going to break down my monthly budget for motivated seller leads. I'm further going to explain to you what my Customer Acquisition Cost(CAC) is so you understand how many leads it takes me to get a good deal. We'll also break down what my Life Time Value(LTV) of a Customer is so you can predict how much money you'll make per deal. Knowing these KPI's or key Metrics in your business will allow you to scale and grow and further predict what your profit will be over the long term in the real estate business, or any business.

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Negotiating: https://www.youtube.com/playlist?list=PLPPTnLTme9iqn5biykyVzIuL2mOsVsUJJ&playnext=1&index=3
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About Kris Haskins:

Welcome to the official Kris Haskins YouTube channel! On this channel, you’ll find a variety of financial content including vlogs, investments, real estate, and more. Make sure to subscribe and enable ALL notifications! For instant updates, check out the social media accounts below.

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00:00- Intro
1:55 - What are the two KPI's and metrics we need to measure our real estate business by
4:50 - What is the Customer Acquisition Cost for real estate investing CAC
7:40 - Your ultimate goal in business is to make it so you can spend money on advertising
9:45 - What is the Life Time Value(LTV) of a home seller in real estate
12:33 - Our goal is to make sure our Life Time Value is at least 3X our Customer Acquisition Cost
14:22 - Are you trying to get motivated seller real estate leads for free

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