iSnare.com - Free Content Articles Directory
Authors Contents [Advanced Search][Add OpenSearch][Job Search]
Distribute your articles to thousands of article sites for only $2 and below! Read more...

Index  Real Estate
 

Don’t Quit Your Day Job

 
[ Contact the Author] [ Send to a Friend] [ Article Publisher] [Make PDF] [ Print] [ Bookmark & Share]
 
Read our Terms of Service before reprinting this article. The submitter specified above has claimed the rights to this article.
Bryan Benson

So many times, we run into rookies who are fed up with their regular 40 hr week job. After hearing all the stories of people getting rich with real estate, they are ready to throw in the towel on their regular job, tell their boss what they think of him, and jump full time into the business of buying and selling homes.

If you fall into this category, don’t do it.

Don’t do it, you say? That’s right. You better be very careful about giving up a job before you get checks coming in. You don't need to be full-time to do this business. In fact, I would venture to tell you, you won't make anymore money full-time than you do part-time. The added free time only gives you the opportunity to waste more time, and that is what most people end up doing.

Think about what it takes to buy houses. You get sellers to call you. That doesn't require much time. Whatever time it does require, whatever you can, you should job out somebody else so that you take a handful of calls. This is all it really takes to generate a few leads per month. The point is, it doesn't take a lot of time.

And then when you get the selling in, you should be using an autopilot system. Even if you only close one house a month, the money you make off of that one house can cause you to surpass all of your current coworkers to show up to your job!

So, how much time are we talking about here? Unfortunately, way too many people waste most of the time and they waste it the same way, everyday, day in and day out.

The changing of this mindset can be very challenging because we're responsible citizens that have been raised that you swap hours for dollars, and we tend to feel guilty when we don't. You take a look at all of the people that are making the most money in this business and you will quickly learn that the ones that are making the most, spend the least amount of time in the business but work on it.

Many students have learned this lesson quickly, some of them took a while. But they all learn it sooner or later if they are gonna make the big money.

The best thing to do is focus your energies in doing something to generate leads. Some people ride around and pile up a bunch of junkers and track down the owner and call em and get the information. You can call ads in the paper, and you can put out some signs.

The most valuable tool that I've ever run across is the yellow letter right on your FFN Website. That ugly, yellow handwritten letter… it is amazing the results that thing is getting for people all over America. Use it. You don't need to send out a pile of them, just some of them. You might send out several of those into an area where there are little to no homes for sale. You may only get one sale from it. But you may also find that the letter will hang around for a year or two and you'll get calls on that letter a year from now.

The first year in this business is gonna be the toughest. Get through the first year, quit listening to all the people trying to steal your dreams, don't be bothered by small problems, don't focus on them. Focus on getting them solved. This is business, this isn’t like your job, and you got no top cover. No one is above you making decisions for you and taking the hits for you. But that's how you get rich. And we have to learn something new to make more money.

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

For additional information on real estate investing and the hot foreclosure market, I recommend joining Ron LeGrand's Millionaire Maker Newsletter at http://www.MillionaireMakerNewsletter.com. The newsletter itself is loaded with great tips and resources, and he's usually giving away something.
Article Tags: job [See Dictionary], people [See Dictionary], time [See Dictionary]
Got a question about this article? Ask the community!
Article published on March 20, 2009 at Isnare.com
 
Rate this article:

How Do You Title The Trust, The Trustee And The Beneficiary?
Submitted by: Bryan Benson

If you’re thinking about making the seller the trustee, you don't want to do that Why you ask...

Money Saving Tips
Submitted by: Bryan Benson

The yellow letters are great They do not need changing in any way, and if you follow the instructions exactly as they are given, you will get a return from them...

Auctions
Submitted by: Bryan Benson

Many have asked questions about auctions Frankly, an auction should only be considered as a last resort, or your last exit available...

Can’t Find The Deals In A Heated Market?
Submitted by: Bryan Benson

This is actually a pretty common thing that is addressed often What do you do when you know that your market is hot, appreciation is going up faster than ever, yet you can’t seem to find the right deal out there...

There Is No Bubble To Burst In Real Estate
Submitted by: Bryan Benson

Are you tired of hearing about the real estate bubble, with rising home values that seem to have no ceiling...

Financing Your Real Estate Investment On Creative Terms
Submitted by: Bryan Benson

Too many people think in terms of general financing when buying and selling homes However, as an investor, it’s important to consider alternative methods to make money in the real estate market...

How Can You Identify A Buyer’s Market?
Submitted by: Bryan Benson

Part of being successful in real estate involves reading the market and knowing the difference between a buyer’s market and a seller’s market...

How Can You Identify A Seller’s Market?
Submitted by: Bryan Benson

The real estate market is driven by the laws of supply and demand When the cycle comes around to a seller’s market, how will you know, and in what ways can you take advantage of the situation to turn a profit...

Strategies For Selling In A Buyer’s Market
Submitted by: Bryan Benson

It may be difficult to imagine ways to make money selling real estate in a buyer’s market However, with proper training and knowledge, you can continue to earn income through the sale of homes, even when the market is working against you...

Selling Real Estate Through Lease Options
Submitted by: Bryan Benson

It can be difficult to make money in real estate as an investor if you expect every individual who comes to you to purchase to have the same sets of qualifications as a bank or builder would require...

Making Use Of A Bad Real Estate Market To Build Fortunes
Submitted by: Bryan Benson

If you have received the proper training as a real estate investor, you realize there is no such thing as a “bad” real estate market...

Lease Agreements
Submitted by: Bryan Benson

One very effective option that can be given to someone whose home you are getting ready to acquire is to allow them to stay and rent from you...

Advantages of Condo Living in Miami
Submitted by: Stephen A Daniels

Miami beach front real estate is some of the most valuable in the country The market remains competitive even as home sales and values decline nationwide...

Residential Lease Agreement - Create a Perfect One
Submitted by: Stirling G. Gardner

If you are not sure how to outline your residential lease agreement or what components to include, this is a really simple manual to assist you with that...

Ways to Lower Your Houston Homeowner’s Insurance Costs
Submitted by: Richard Elkowitz

When purchasing a home in the Houston real estate market, just like other areas of the country, there are many expenses that a new home buyer can experience...

Get Your Business Up and Running Fast With a Moving Service
Submitted by: Joe Tacoma

When moving into a new office, it is very important that your business move as quickly and efficiently as possible...

Nine Tips to Making Your Home Purchase Painless
Submitted by: Adrienne Francis

Buying your Basking Ridge, NJ home should be a wonderful experience It does not have to be stressful...

Three Fun Ideas to Boost Winter Real Estate Sales!
Submitted by: Kevin Kiene

It's cold outside, buyers aren't motivated do anything but sit by the fireplace and sip hot chocolate, and your properties are just sitting there on the market...

Buying Homes in Florida in the Current Florida Market
Submitted by: I. Gonzalez

Purchasing a home is a necessity for any growing family While bachelors and singles can live inside a smaller apartment all their lives, a family with kids cannot do so...

A Home Inspection Can Detect a Meth House
Submitted by: David Haigh

Mortgage and credit problems have brought about home foreclosures which, in a number of cases, have devastated whole neighborhoods...

Your Home Inspection Checklist—Inside Your Home, Garage and Attic
Submitted by: David Haigh

When you’re ready to sell your home, you’ll need to have it inspected by a professional home inspector...

Your Home Inspection Checklist-Heating, Wiring, Doors and Windows
Submitted by: David Haigh

As you're getting ready to sell your home it might do you good to do your own pre-inspection After you do your pre-inspection then call a certified professional home inspector...

Your Home Inspection Checklist—Outdoors
Submitted by: David Haigh

Are you ready to sell your home, if so you’ll need to have it inspected by a professional certified home inspector...

Your Home Inspection Checklist-Plumbing
Submitted by: David Haigh

Here’s a checklist that you can use to do your own pre-inspection on your plumbing There's no reason not to check your house out yourself before you hire a certified home inspector...

Buying Property to Renovate
Submitted by: Debbie Morgan

Make the most of the property downturn and low interest rates Consider buying property to renovate and flip...

Tips For Choosing the Right Mortgage
Submitted by: Thomas Stevenson

With so many different and various types of mortgages exist, knowing how to choose the right one can be oftentimes challenging...

Strategies For Selling A Home
Submitted by: Allison Clarke

When it comes to selling a home, you do not have to go through a painful experience In fact, using the right strategies, this can be an easy and stress free process...

Isnare.com Footer Divider

© 2004-2009. Isnare Free Articles - An Isnare Online Technologies Free Articles Project. All Rights Reserved.   Privacy Policy