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


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New York Times

What's Behind Door No. 2? Life as a Real Estate Reporter
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One of the Real Estate section's primary goals is also to capture what it's like to live in New York — including the unique challenges the city presents, Ms. Toy said. And to that end, there's the “Ask Real Estate” column, which addresses questions ...



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Real persistence: Men dominate real estate development, but women make inroads
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Erie County Real Estate Transactions
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Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Dec. 15, 2017. AKRON • 92 John St., Jph Holdings to William D. Adams; Keelin Brady, $147,000. ALDEN • 11559 Cary Road, Andrew ...



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David J. Caracausa has been a member of the Counselors of Real Estate (CRE) since 2013. This elite group and prestigious organization consists of only just more than 1,000 members worldwide. They are recognized for their commitment to excellence ...



Real estate transfers for Jan. 21, 2018
Roanoke Times
Breene, Louise B. to Christopher A. Stevens and Robyn E. Sharkey, 178 Houston Ave. S.E. Roanoke VA 24012, $137,000 01/03/2018. Callis, Tracy G. to Mill Mountain Investments LLC, 2502 Creston Ave. S.W. Roanoke VA 24015, $103,000 01/05/2018. Habitat for ...



The Register-Guard

For Lane County's real estate market, 2017 was a year of big Springfield deals
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Bangor Daily News

Bangor real estate market 'generally healthy and stable'
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Bradenton Herald

Real estate transactions: Jan. 22, 2018
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$260,000 Mint Dental Real Estate LLC to Mint Dental One Real Estate LLC; Blake Dental Arts Unit F; Jan. 8. $259,990 Calatlantic Group Inc, Ryland Group Inc to Polito Philip, Polito Susan; Lot 74 Old Mill Preserve; Jan. 9. $255,000 Ala Fiduciary Inc ...



Real estate records, 01/21/18
Lincoln Journal Star
Ernst, Ryan C & Latta, Joni to Drueppel, Cassidy J & Beard, Meagan L, 2822 O'shea Dr., $261,500. Federal National Mortgage Association to Janssen, Sandra, 510 S 55 St., $112,000. Fischer, John H to Alkali, Denise Joy & Bello Ahmed, 2321 Nw 47 St., $147 ...



NWAOnline

REAL ESTATE TRANSACTIONS
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Deltic Timber Corp to James V. and Terry J. Barnes and Promenade Hospitality LLC, Ls4-C & 4-D Tract 4, Chenal Valley, $3,441,798. Hanner Properties-Arkansas LLC to ATF Greenwood LLC, 140 John Harden Road/140 Marshall Road, Jacksonville. SE SE 24-3N-11W ...
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