Kuba Fietkiewicz, Author at REIkit.com

Product Update: Teams Functionality Released

I am happy to announce that the Teams feature has finally been released as part of the REI/kit software for flipping houses. In this software product update I will discuss the following: What is the Teams feature? What are some common use cases for the Teams feature? On which plans is it available? I am on one of the supported plans, how do I invite my team? What is the Teams feature? With the Teams feature of the flipping software, you will now be able to invite other team members into your account, and only give them the specific permissions that they need to do their jobs. This will… Read More

REI/kit Real Estate Investor Websites launched: Rank better, and capture more warm motivated seller leads than ever before

If you know anything about how we operate, then you know that our primary goal is to provide you with the tools and data to help make you a successful real estate investor. Whether you’re wholesaling houses, or house flipping, or finding rentals by marketing direct to seller, we are only successful if you are successful. To that end, after spending many months in product development, writing over 19,000 lines of code, and building out a completely new highly scalable and secure infrastructure, I am proud to release the next generation product in our suite of real estate investor tools: REI/kit Real Estate Investor Websites. REI/kit real estate investor websites… Read More

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How to Evaluate the Best House Flipping Software

In a previous version of this post, I only focused on the potential features that you might need to understand when evaluating house flipping software, instead of starting off with explaining why you might need them. In this improved guide to choosing the best house flipping software, I aim to help you in your decision process from the perspective of scaling your business first, and only then talk about the features that you might need in order to get there. There is actually significant overlap here between software for house flipping and wholesaling, and for good reason: The hard work is on the front end. With this, much more focused… Read More

House Flipping & Wholesaling Software Product Update: Distressed Seller Lead Pages Deep Dive

The launch of Lead Pages in REI/kit, was an instrumental piece of the deal creation machinery to ensure your lead generation techniques keep up with the times and give you an always on channel for motivated seller leads. (If you’re just tuning in, you can read all about the launch of the NEW Distressed Seller Lead Pages & Seller Leads CRM) In this update I’ll cover some of the questions that I am most often asked when it comes to the Lead Pages feature. What are lead pages and how are they different from a regular web page? Why lead pages are a necessary component of your marketing strategy in… Read More

Expert Due Diligence + Expert Marketing = SCALE: Lead Marketing Pages and Seller Leads CRM Launching!

The REI/kit Lead Marketing Pages and Seller Leads CRM are about to launch! You already know that I built REI/kit to allow you to become an expert at deal due diligence, with tools for running comps and calculating ARV the right way, estimating rehab costs, analyzing deals based on multiple criteria, and marketing those deals to your cash buyers list or lenders using the most trustworthy reports in the business. In the process, over thousands of people have used our tools as part of their real estate investing systems with over 50,000 deals evaluated to date. As you can imagine, this has given me the opportunity to talk with a… Read More

The House Flipping & Wholesaling Game Has Changed: Loan History Data Launched!

For immediate release: REIkit.com House Flipping, Wholesaling, & Real Estate Investment Software has released another premium data launch that will forever improve your ability to get more deals done faster and more profitably. This time, as promised, we launched loan history data, now available in all of our premium subscription plans nationwide. This is the second part of our premium data upgrade for all of our paid subscription customers. You can read about the first part of our premium data upgrade where we launched premium property data to give you a complete picture of your target property here: House Flipping, Wholesaling, & Real Estate Investment Software Product Update: Premium Data… Read More

House Flipping, Wholesaling, & Real Estate Investment Software Product Update: Premium Data Release

If you are a premium customer of REI/kit House Flipping, Wholesaling, and Real Estate Investment Software, you may have noticed some changes that have appeared in the property details page after you created a new project. This is because we have launched the first premium public record data source integration for our paid subscription customers….keeping our promise to create the ultimate deal decision support tools out there, to make your deals more profitable. Crucial New Property Data With this release you now have access to so much more data on a target property, up to 50 data points, something our competitors simply cannot afford to provide to you. Some… Read More

Real Estate Investment Software Product Update

In this product update post I wanted to follow up on our most recent successful launch of support for premium data sources in the goal of our future MLS integrations coming out later this year. This post is an overview of what was changed and how those changes increase your chances of success in your business. Latest Software Updates: Premium Data Records Support (Data Coming Soon) New Property Info Owner and Loan Data Tax Amount Data Comps and ARV Tool Updates New Proprietary Comps Selection Algorithm Comps Distance Added Comps Upload Update House Flipping and Wholesaling ROI Calculation Updates Premium Data Record Support (Data Coming Soon) In preparation… Read More

18 Essential Metrics to a Complete Real Estate Investment Analysis

When it comes to analyzing the potential of an income producing property, most people focus on Cash on Cash return as the only measure of their real estate return on investment. However, to get a complete picture of the return of your real estate investments, there is an array of metrics that you should include as part of your rental property analysis. While initially overwhelming, in this post I’ll break down each metric, provide the formula to calculate it, and show you examples, using a real-life advertised deal. In addition, I’ll also go into how these figures and ratios relate to each other. The total picture you get from preparing… Read More

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7 House Flipping Mistakes To Avoid When First Starting Out

There are several mistakes that I consistently see new (and even experienced) real estate investors make when first venturing into house flipping. These mistakes are understandable when the excitement to get started conflicts with the knowledge required to execute a house flipping project quickly, cheaply, and profitably. In this article I list the seven major house flipping mistakes that new real estate investors are likely to make when first starting, and how to avoid them in the first place. Mistake #1: Buying Too High When a new investor wants to start flipping, they turn to the first place they know to find properties: the market. These are properties listed… Read More