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Real Estate Information |
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How Do I Implement The Lease Purchase Plan?
Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don't forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder. First determine how much time you will have to work on your business. If you are starting part time or spare time and think you might have 5-7 hours per week, in reality you probably will have 2.5 to 3.5 hours per week. Whenever we ask a partnering student how much time they have I always cut the time they give me in half. Why? Well because things come up, such as children, obligations, illnesses, their other job, etc. So rather than kid yourself and set yourself up for failure before you even start, be realistic with the amount of time you will have. Once you have determined how much time you have, make up a 12 month plan. For example if you only have 3 hours per week to work, that means in a 4 week month you have 12 hours. So realistically, the first month is going to be getting yourself set up. Getting your identity package done, your template letters done, your database set, your telephone script done, your research (networking, FSBO sites). You want to start collecting newspapers (remember 5 weeks and older). Your second month would be going through the newspapers, and going on line to those FSBO sites and collecting numbers. During the end of the second month (6 weeks after you have started) you should be able to start calling on property. Depending on the hours you are doing your calls will determine how many people you get to speak with as opposed to leaving a message for them. Months three and four you will continue your calls, set up a networking schedule and do deals with one particular strategy. After you feel comfortable with that strategy you can move on to the next one during months five and six. Months seven and eight should have you starting the next strategy, and the same goes for the remaining months (nine, ten, eleven and twelve). During months eleven and twelve you should do some evaluating of your goals for the year, and start thinking of where you want to go in year two. Be sure to write articles up for each deal and make note of things you did wrong (yes, you will make mistakes) and how you fixed them for subsequent deals. Once you have your monthly plan set up, break that down in weekly goals, and then set up your daily goals to meet your weekly goals. If you don't meet some goals, don't beat yourself up. Look at the reasons why you didn't meet your goals for that particular day, week or month. Did other things get in the way (family, work, health issues) or did you just slack off. Sometimes you need to take a breather and come back with some fresh energy. So if you need a break once in a while take one. However, you need to realize if you want to succeed you need to make a commitment to implementing the plan you set up. If this means missing some television shows, shopping spree, visiting with friends or some sleep; then that is what you have to do. So start implementing the plan today! Copyright DeFiore Enterprises 2003
Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our "how to" Home Business Solutions Digest, it's like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com
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Photos from Trivia For A Cause hosted by Le Reve Real Estate benefitting Hopeworks of Howard County scotteblog.com I wrote previously about (Trivia For A Cause hosted by Le Reve Real Estate benefitting Hopeworks of Howard County)…the event was last night and I got a few ... Seattle DJC.com local business news and data - Real Estate - Goodman plans 43 SEDUs by freeway Seattle Daily Journal of Commerce Through an LLC, Goodman Real Estate paid $2 million early last year for the 75-unit Zindorf Apartments, at 714 Seventh Ave. on First Hill. A plan by Studio ... Dozens of commercial real estate projects underway or planned for Chesterfield Richmond.com From apartments and hotels to mixed-use developments, developers are building or planning dozens of commercial real estate projects in Chesterfield County: Read the real estate tea leaves if you need to move (sell) the property OCRegister Hours of prospecting, client meetings, and presentations have resulted in a new assignment. Awesome! You've carefully scrutinized each sale and lease deal. Tech IPOs could impact San Francisco real estate, here's why CNBC CNBC's Josh Lipton reports on how San Francisco housing could see an impact from the rise of tech IPOs as they brings in new employees. Grand County real estate transactions, from March 10-16 Sky Hi News Transactions from March 10-16, 2019.Rangeview Subdivision TRT 40 – JLGL LLC to Joella and Justin Whittaker, $225000Mountainside at SilverCreek B U 2 ... Commercial Real Estate Execs Arrested In Massive Bribery Scheme To Get Kids Admitted To Elite Universities Bisnow Commercial real estate founders and CEOs ensnared in massive bribery scheme so their kids could attend a top college. The Real Deal Spring 2019 | Alexander Brothers Real Estate The Real Deal The Real Deal South Florida's Spring issue is live, and digital subscribers to TRD are getting the first look at what's inside. Governor behind Lake Geneva real estate deal? | Local News Kenosha News A company with apparent ties to Illinois' new billionaire governor has spent nearly $7 million to purchase more than 400 acres of prime Lake Geneva real estate ... |
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