From the course: Real Estate Analytics

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Identifying opportunities for improvement

Identifying opportunities for improvement

From the course: Real Estate Analytics

Identifying opportunities for improvement

- [Narrator] Total Project Days. How many days did I work on the property? What was the day that I started, and what was the day that I finished, okay? What if you had a number, what have you had, you've been tracking numbers and you had the number, you knew exactly how long it took you from when you accepted an offer to when you close 'cause you track that, and then you knew exactly how long it took you from when you started the rehab to when you finished the rehab. And then you knew exactly how long it took you from when the rehab ended to when you sold the property off of your books, and you add averages over time of that number. What would that chunk of different dates give you overall when you combined it? Your total number of days per project. Well, that's fine. That makes sense. But what am I going to do with that? Well, the next time you write an offer and you want to submit an offer fast to get your foot in…

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