Re: Staying focused - Posted by Jackie in Dallas
Posted by Jackie in Dallas on January 10, 1999 at 18:55:00:
You need to treat this business like any other business and create a plan of action - even if you are part time.
No matter what kind of deals you plan to do, you have to do certain things to find them. Things like call ads, mail letters, drive speed bumps at mobile home parks, etc.
To stay focused make a weekly and daily plan of action. For example:
If your red tag list comes out the first week of the month - and the foreclosure list comes out the third week of the month - then on your weekly plan you would write that you need to acquire these lists and send letters, knock on doors - whatever you do to talk to the owner.
On week 2 you may decide to drive around neighborhoods looking for houses and week 4 could be devoted to looking for Lonnie deals.
On your daily plan you could decide Monday is the day you call or visit realtors, Tuesday is the day you research properties by looking up owners on the tax records or the day you go to the courthouse. Wednesday in the day you send out all letters and postcards, etc.
By breaking it down into weekly and daily tasks and STICKING to your plan you are more likely to stay focused.
To avoid burn-out - schedule OFF time too!