Friday, July 31, 2009

Epic Fail


How else can I put this...someone sent me this picture today and it seems so fitting for how this week went. I am pretty sure I burned the bridge with my agent. I missed half of the tasks I needed to complete including being prepared for D4D tomorrow and I haven't received any phone calls from my marketing.

Just means that next week I will have to work even harder. I need to focus on strengthening my marketing...Of course thats what the next 60 days is all about. So this weekend I am going to do a little brainstorming to see what I can do. I also need to find another way to get access to the MLS I have what may be a trick up my sleeve but we will see.

I have a lot of ground to make up. I hope everyone has a good weekend!

Every failure is a lesson learned.

HubCap



Wednesday, July 29, 2009

What does it take...?

Lately I have seen certain tides turn. Four or five years ago I can tell you that I was a mess. I had no drive and nothing going for me other than Becky, my very supportive wife. One day I woke up and decided it was time to make a change. I noticed that I worked really hard for my boss. I put in extra hours I stood out above the crowd, I moved up two times in 3 years. I starting thinking to myself that if I put in the half the effort for my own business that I do for my job I wouldn't have to have a job anymore. It was this thought process that brought me to where I am today. I questioned myself over and over again until I found what I was looking for. I needed to know why I had failed in the past with starting my business. I have gone into a trance and all I can think about is real estate. It doesn't matter if I am sleeping, eating, working, talking, writing, showering or doing anything I am thinking; real estate. Living and breathing real estate has put me into an unbeatable mentality. I have come to three points now that I know I would have quit at in the past and each time I only pushed myself harder. I have given up any free time I have to invest myself into doing this right. I know that in the end it will be worth it, the best part is I actually enjoy doing what I am doing. I often felt guilty playing video games and watching TV anyways so it is working out for the best. A switch has flipped and there is no turning back or turning off. So even though I haven't closed a deal I know I have already succeeded because I am never going to quit. What did it take for me? Failure.

HubCap

Sunday, July 26, 2009

What a week!

I was able to take care of all the tasks on my list for the past week. I am a little late on this post and I got my mailers out 1 day after I had planned but I got everything done. Calling all those lawyers seems to have paid off because I talked to one this past week who seemed very comfortable with what I am trying to do. For me that was the link that was missing. There is nothing standing in my way except having a deal in hand.

So here I am 6 days ahead of schedule ready to start marketing. As said before my plan is to get as many leads as I can without putting up bandit signs and going door to door. The reason for this is leverage of time but mainly because of funding. As of now I have 3 sources that I can market; the first is craigslist and other similar sites, the second is the leads I find during driving for dollars and the third is REO's and expired listings off the MLS.

It is important that while I am marketing I am continuing my education. Throughout the week I have been writing down questions that I feel I need to have answered.

Here is my to-do for this week.

Monday
Post ads on craigslist and other sites
look up owners of D4D leads
call Gogo to discuss an opportunity he lined up for personal access to the MLS
Read Contracts book

Tuesday
Prepare mailers
HUD-1:filling it out
Read Contracts book

Wednesday
Hard money
make copies of property inspection report
send mailers
Read Contracts book

Thursday
Authorization to release form
Research "subject to"(if time is available)
Read Contracts book
Call agent(If not able to line things up with Gogo's broker)

Friday
plan for D4D


Saturday/Sunday
D4D's
Blog about progress and next weeks plans

If I start getting leads in this schedule may be tough to maintain but I will find a way to make it work. What I have been thinking of doing is adding another blogging day to blog about something that doesn't necessarily have to do with my progress. We'll see how that goes.

later gator's!
HubCap