Action!

What actions have I taken? What actions do I still need to take?

Taken:

1. Replied to a bandit sign that said "Investor seeks apprentice". I in turn signed up for a seminar to see what this group of investors is about. How they work and what they would require. I will be attending this seminar in 1 weeks time.
2. I have already set up 2 driving routes for "driving for dollars" campaign in my area.
3. I already have business cards, flyers and door hangers. I had a mentor once before while I was in the house and I have left over materials. I ended up quiting 3 feet from gold because of my home situation.
4. I have written down my marketing plan and allocation of first proceeds from the business.
5. I have found at least 3 potential deals that I am ready to birddog up to my mentor
6. I have collected information on other possible mentors. I need to keep my options open to make sure that the mentor I accept meets my needs.

The one thing I am going to stress here is keeping my options open. I am not going to blindly accept an apprenticeship just for the sake of having a mentor. I have 2 other options, my old mentor and another bandit sign advertisement. I have yet a 4th option up my sleeve which is scrapping the mentor idea all together and qualifying for hard money and doing this on my own.

Here are the steps that I need to take in the coming weeks.

If apprentice option 1 is right for me:

1. Pony up my potential deals
2. Drive one route a week during lunch time for my "driving for dollars" campaign
3. Drive one route a weekend for my "driving for dollars" campaign
4. Write "We buy houses" or some other advertisement on my truck
5. Place adds on craigslist for we buy houses
6. create a website to help generate leads for "we buy houses"
7. Speak to 3 people a week about my business
8. Any other task that the mentor may feel is necessary

If apprentice option 1 is not right for me

• Follow through with other options using the same process.

If the final option needs to be exercised

1. Qualify with Hard money lenders

2. follow marketing plan in option 1

3. Create a buyers list using Craigslist, blog sites, websites, REI club

There is is! The start to closing enough deals to make 10k by Nov 2009.

Wish me luck, I will update next week some time.

Hubcap