Thursday, January 22, 2009

Real Estate Course: Day Fourteen of 30 Day Action Plan

Day 18
  1. Talk to one person every day about your private money program
  2. Lunch with an expert (realtor/title officer/mortgage broker)
  3. Continue to answer calls from sellers
  4. Look at properties to buy

Day Eighteen: Private money! Enough said.

Then have a good lunch and pick the brain of someone in the field. Pick someone you may have met but do not know. You can talk about the real estate environment and how their business is being impacted. How do they see it changing in the future? You are building relationships with these people that will pay off in the future. Refer work to them or use them. Considering joining a local BNI group. This is another way to extend your group. This is a group of business people who refer work to others in their group based on relationships.

Your marketing through direct mail should be getting some calls from sellers. Take those calls live and talk to sellers. Get the information on the property and check for equity. You should also be calling sellers who advertise on craigslist. You are collecting the same information as stated in the paragraph above. Work on structuring your deals and write offers. That is the name of the game.

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