$1,000,000+ in Revenue with Only $30k in Marketing? How Tyler Austin Hacks Data For High Margins.

Tyler Austin talks about his journey from military, to contractor, to eventually hacking data to maximize profit margins. Tyler is using data differently to reduce his competition.

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SHOW NOTES
Tyler Austin is a former Air Force member and SCADA hacker. He is the founder of Florida Cash Real Estate in Fort Walton Beach, FL, which specializes in solving even the most difficult real estate issues by buying houses for cash

Florida Cash Real Estate helps people through difficult situations such as a property inheritance, fire damaged homes, landlords who are tired of dealing with non-performing properties, and people who simply want to sell their house without any hassle or red-tape.

Tyler also created REISift, real estate professional software which simplifies your property data and serves as a one-stop command center for investors to pinpoint distressed properties and capitalize on motivated sellers.

Connect with or find more information about Tyler at www.linkedin.com/in/tyleraustinoriginal, www.facebook.com/floridacashre, www.instagram.com/tyleraustinoriginal, www.floridacashrealestate.com, or learn more about REISift software at www.REISift.io.

Show Notes
Steve and Tyler discussed how Tyler used refined data and personal communications to produce over $1 million in revenue on just $30,000 in marketing spending. Tyler’s shares how he obtained his amazing results, why he continues to achieve such results with minimal marketing expenses, and how you can take his techniques and apply them to your business. If you could close more deals by reducing your marketing and data costs, wouldn’t you implement these strategies? Listen to the full podcast on Real Estate Disruptors for all Tyler’s tips and tricks, and more!

Top 5 Takeaways from Tyler Austin
5. Education is a key to success in starting your real estate business. Don’t be afraid to ask questions, take courses, find a mentor, ask someone for help, and mastermind courses are super helpful.

4. Connections with local business owners can open the doors to getting deals done. Sometimes you may need help with a city zoning or other matter, or you may get leads for new and different projects or properties coming available, or connections to partners or private money sources, or even a hot lead. Your local Chamber of Commerce is a great resource, but you have to be involved regularly to make it work for you.

3. All the data you need is available, you just need a system to organize it, strip out the information you don’t need, and make it usable for your business. However, simply buying data is not efficient -- you need to be able to extract the important data and discard the irrelevant. Software is invaluable and a big time-saving tool to get you accurate data quickly and easily. You don’t need to spend a lot of money on data, you just need to use the right tools to clean up the mountains of data available.

2. Your team is critical to your success. A big myth in real estate is that you need a lot of salespeople. Hire people to do the things you either are not good at or don’t like to do. Don’t over-hire; keep your staff lean and focused. If your people aren’t getting results, it may be your management of them, or they may be in the wrong role or the wrong person for the job. Not getting results doesn’t mean you need more people, you may need better training or different people.

1. Using data and combining it with user accounts from social media can make contacting potential sellers easy. Having a third party who knows the potential seller make an introduction is a fantastic way to get in the door with some degree of authority. Most people have the same or similar usernames on their email, Facebook, Instagram, etc., and you can often find them and connect through those media.

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