![]() | |
![]() | |
![]() |
Real Estate Information |
|
![]() |
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
MORE RESOURCES: Americans believe real estate, gold are the best long-term investments. They're wrong, advisors say CNBC Rennie lays off 31 employees from real estate firm, cites ‘changing market’ Business in Vancouver Don’t Trust Your Landlord? Here’s How You Can Find More Information. The New York Times A 24-year-old learned about real estate investing on TikTok. Now he plans to convert a $2 million motel into apartments. Business Insider Here’s a snapshot of the area commercial real estate market in April - Baton Rouge Business Report Here’s a snapshot of the area commercial real estate market in April Baton Rouge Business Report Private real estate sees ‘bifurcation’ in compensation growth Private Equity Real Estate | PERE OT Real Estate Spotlight of the Week: 4295 Saddlebrooke Trail The Owensboro Times Senior Living More Tariff-Resistant Than Other Real Estate, Immigration Remains Big Issue Senior Housing News Homes for Sale in New York and New Jersey The New York Times Montgomery County and MCB Real Estate Partner on First-Ever Tax Increment Funding to Support $2.8 Billion Investment in East County Montgomery County (.gov) European real estate somewhat shielded from tariff chaos Institutional Real Estate, Inc. Bray Real Estate releases its April 2025 numbers KKCO 11 News Trump’s Migrant Crackdown Adds to Miami’s Real Estate Woes Insurance Journal Athens Riviera Set To Lead Europe’s Prime Real Estate Boom With Ultra-Luxury Demand In 2025 Travel And Tour World Real estate sales in Peoria, Tazewell and Woodford counties for May 10, 2025 Peoria Journal Star Homes.com aims to one-up Zillow with listings ‘boost’ Real Estate News by RealEstateNews.com Westmoreland County Real Estate Transfers The Latrobe Bulletin EG Real Estate: 7 New Listings & 5 Sold East Greenwich News Who's buying up Quincy real estate? What one buyer has spent $78 million in last 5 years The Patriot Ledger Real estate’s winners and losers of the state budget The Real Deal Global Surge in Data Infrastructure Demand Reshapes Real Estate Landscape, Cushman & Wakefield Reports Boston Real Estate Times Here are businesses on the move in Marin, Sonoma, Napa and Mendocino counties The North Bay Business Journal llinois bill looks to enshrine Clear Cooperation in state law housingwire.com What’s next for StepStone after its record real estate fundraise? Secondaries Investor Sherley Real Estate, LLC - Ad from 2025-05-10 The Independent Record Real estate execs gave $400K to Cuomo’s PAC. NYC is suing them for building disrepair. - Gothamist Property transfers: Marion County sales range from $4K to $595K The Marion Star People: Mark Nowaczewski, Sakara Ferebee join Street Commercial Real Estate Northern Nevada Business Weekly Tributes – part III: Giving credit where credit is due Institutional Real Estate, Inc. Turbulent times: A mixed picture in European real estate reveals signs of a changing market Institutional Real Estate, Inc. How’s the Market? AI and real estate The Ukiah Daily Journal Thriving in change: The value of a Realtor and top association Real Estate News by RealEstateNews.com JLL announces senior leadership appointments Boston Real Estate Times When markets speak louder than politics: Real estate in an uncertain economy Rochester Business Journal NextGen Realty Opens Worcester Office to Meet Growing Demand for Central Massachusetts Housing Boston Real Estate Times TIM SCOTT REAL ESTATE - 82410 Caledonian Record Number crunching: How have top-down and bottom-up allocation strategies influenced real estate investment and performance during the past 40-odd years? Institutional Real Estate, Inc. Alexander Brothers Face More Sex Crimes, Including Against Underage Girl The New York Times Boston real estate firm expands into Worcester, opens Downtown office Worcester Business Journal Form 253G2 Roots Real Estate Invest StreetInsider AIM Media Texas Plans to Sell Real Estate Property to UTRGV Texas Border Business Amazon’s head of global real estate set to depart as company expands offices in major cities CoStar Shelter Island Reporter Real Estate Transfers: May 9, 2025 Shelter Island Reporter Israeli veteran's Cincinnati real estate empire collapses amid fraud allegations - WCPO 9 Cincinnati Gold tops stocks as second-favorite long-term investment, real estate still no. 1 - Gallup poll Seeking Alpha Sprinkman Real Estate Announces Expansion to Meet Rising Demand in Madison Housing Market openPR.com Suspect in Houston-area real estate agent's Downtown Dallas killing denied bond reduction FOX 4 News Dallas-Fort Worth Southside regional real estate forum showcased highlights and challenges of growth Chatham Star-Tribune Residential urban inventories rise 22% in Jackson County, real estate data show - Rogue Valley Times See how the real estate market fared in New Caney, Porter in April Community Impact LOCAL REAL ESTATE TODAY 5.9.25 KQEN News Radio Welcome to Real Estate Friday! The Berkshire Edge 2 Northwest Arkansas commercial real estate companies merge Talk Business & Politics Real estate news: Beckman Coulter campus in Brea up for sale ‘as-is’ Orange County Register A real-estate giant wants sellers to list their homes privately. Will homeowners benefit? MarketWatch Real estate transfers: 5/7 Toledo Blade JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE Bluefield Daily Telegraph Real estate transfers in Adams County from April 28 to May 2, 2025 Muddy River News Taylor Morrison CEO Sheryl Palmer on How Tariff Uncertainty Will Affect Real Estate Market cheddar.com Strong week for Ares Commercial Real Estate (NYSE:ACRE) shareholders doesn't alleviate pain of three-year loss simplywall.st Norway’s sovereign wealth fund appoints Knapp as global real estate head Private Equity Real Estate | PERE |
![]() |
![]() |
![]() |
RELATED ARTICLES
Prepare Your House for a Successful Sale Whether you list with an agent or sell on your own, you can ensure a quick sale by proactively preparing your house to be a highly marketable and attractive commodity.Paradigm ShiftDon't wait for the sold sign to get started with packing. How Much Should I Pay For This House? We probably answer this question for someone a couple times every week. The problem is that they don't have a good formula for determining the most they can pay and still make a profit - so they're scared to make any offer. 3 Strategies For Buying Property With No Money Down Everyone has heard a story or read about someone who bought a property without paying a single dime as a down payment. But how does this work?There are several "classic" methods commonly used to purchase real estate with no money down. 10 Frequently Asked Short Sale Questions 1. What happens to the seller's credit rating when they allow an investor to short sell their property?What typically happens is the loan will show up as "paid" on their credit report; however there will be a notation that says "settled for less than originally owed" or something along these lines. You Have 15 Seconds to Sell Your Home! 11 Steps You Can Take to Sell Your Home for Top Dollar Selling your home? Here are some suggestions to help you sell yours for more than your next door neighbor's, and faster! Most buyers will know within 15 SECONDS after crossing the threshold if they want your home. But first, you need to attract them inside!11 steps to take to sell your home for top dollar1. Good Faith Deposit - Real Estate Transactions In a real estate transaction, a touchy issue is how much trust the seller has in a buyer. The existence of a good faith deposit helps put a seller at rest. Whats This about a Housing Bubble? In his recent testimony, Alan Greenspan warned against the possiblity that we have seen home prices plateau. The bursting of the "bubble" could cause a big hit to the U. Renting a House Renting a house or a room in your home is a great business that millions of people take advantage of to make some extra cash. While many people rent houses each year, not all of them are successful. Real Estate: A Strong Investment Description: Even in uncertain economic times like these, history shows that real estate is one of the soundest investments a family can make. Also remember that the stock market is not the only place where people can make their fortunes. Property Investing Secrets 8 Property Investing: A Buyer's Secret Weapon When Purchasing Real EstateMy friend, Roger, does property investing and is a licensed real estate agent. Recently he looked at a property in another state that was probably worth $225,000. The Best Way To Get Real Estate Listings The Real Estate Industry is HUGE and is a golden opportunity for real estate agents. National average home sales exceed $200,000. 4 Simple Tests To Find Good Real Estate Investment Properties You're driving along the road when you spot it. There in the middle of a shaggy lawn sits a disheveled property. Law & Logic of Homeowner Association Capital Reserves In October 1999, Oregon was one of the first states that enacted a significant improvement to its Condominium and Planned Community regarding capital reserve planning, a process by which homeowner associations plan and fund future repairs and replacements. For many associations, the process became mandatory although there was an "escape clause" for pre-October 99 Oregon communities. Helpful Hints for First-Time Home Buyers Buying a house can be a daunting task, even for someone who has owned several homes. My husband and I recently purchased our first home together, and it was hard to find good advice that we truly found useful. Does Staging Work? Staging can involve minimal effort on the part of a seller. Merely rearranging furniture can show a house off to advantage. A Powerful Suggested Technique for YOUR Home & Property Search A Powerful Suggested Technique for YOUR Home & Property Search by Jody Hudson You can be a pro at buying a home: Whether you are buying your first home or you are an experienced home buyer who owns more than one home, there are some things that can help you get faster results and get more professional and pleasant help from your Realtor. A home or property purchase is one of the most important and exciting events to experience. 10 Easy but Essential Steps for Home Selling Success They say that the whole process of selling up, buying new and moving on is one of the most stressful series of events any of us goes through in a lifetime: and yet with careful planning, attention to detail and a clear focus, the whole process can be relatively stress free.While there will always be factors outside the control of any home seller, those factors that fall within their control sphere can proceed fluidly and smoothly when they take the time to plan and think one step ahead. Seller Financing - Six Safety Tips Why offer seller financing when you sell? A higher price, a good return on your money, a faster sale and to sell a property that is otherwise difficult to sell. Some good reasons, but how do you do it safely?1. If You Move Yourself You'll want to take some items in your own car when you move, and that's true whether you're hiring a mover or doing the job on your own. You'll hand-carry jewelry, medications, house plants, pets and a suitcase for each family member. How to Buy Fixers for Profit Do you dream of becoming a multi-millionaire real estate investor? Here's how to get started: find a bargain "fixer-upper" owned by a worried seller. The hardest house for a homeowner to sell is a "doghouse," "dump," or "fixer-upper. ![]() |
home | site map |
© 2006 TIGER MEDIA |