Most of us set goals for the upcoming year. But according to a article on goal setting
Published On JUL 26, 2016 by Inc magazine's Marcel Schwantes, about 92% of people don't achieve what they set out to do.
What did I do wrong ?
Speaking for myself, when I put in writing what I want to achieve for the year, it seems doable, but sometimes life gets in the way and then I push those goals back further or I get frustrated that I haven't reach anyone goals I want.
One thing I did in the past was write goals that I thought I wanted, For example, I made a list of 12 goals in 2017, I achieved 3, why? well it was easier to achieve those goals, for instance, start a podcast, payoff a credit card debt.
But the other 9?, didn't even come close to achieving any of them. I realized those other goals weren't as important so I dropped them from my list.
What am I doing differently for 2018?
Compared to last year, I sat down, no noise in the back ground( TV or Radio) and thought of the goals I really wanted, I wrote and rewrote my list about 4-5 times before I came to my core 6 goals for 2018
I believe that they are all attainable! Basically, it came down to what was important and not make a list of 10-12 goals to keep myself busy and later on, knowing these goals are not what I really wanted or fit into my long term plans.
And now it's time to go to work on them, and make any adjustments along the way if needed.
Keep the momentum going, Good things will happen
OneWill Properties, LLC
This video presentation is from TED Talk, featuring Paul Tasner. The meaning is it's never to late to become an Entrepreneur.
If one door closes, there usually is another about to open if we are ready for it. As Paul describes in this video, how he went from a 40 year employee to become the owner of his own fate.
This is a perfect message for us all, If the desire is there, we can't be stopped.
Thank you Paul Tasner for giving all of us hope, that it is never to late to pursue what dreams are made of.
One thing I hear from some Guru's is being constant with your marketing for properties.Houses will not seek you, you must seek it.
Where Do I Start?
There is direct mail, These are companies that can upload a list of names that you want target, for example the most popular lists seem to be absentee owners, these people have a property they do not live in but rent out instead, and some of them do not live in the state where they rent out the property, so this might be a good list to pursue.
Some of these direct mail services have a minimum of mail to send out, so you have to budget monthly, the key is to keep targeting this list for up to 6-9 months.
Free Online Search.
Of course if you don't have a budget to target the absentee list, try these then,
Zillow.com, Trulia.com, Realtor.com or Craigslist.com, These are some of the free search sites you have available.
I think some of these sites might have some deals, you must search, the key to finding a deal is to do it consistently.
You can use Facebook, Linkedin, or Craigslist to get the word out you are looking for properties to buy.
What Else Can I Do?
If looking online is not enough, try networking! There are plenty of real estate clubs in your area, just google "real estate investment clubs", and you will see pages of them available.
Good luck with your search, keep at it.
Listsource.com, To get absentee lists.
https://youtu.be/vhwy3BVYzpE - Youtube video on how to use listsource.
Seller financing- is when the purchaser/buyer will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon price, until the loan is fully paid.
The Pros of Seller Financing.
1. The closing process can be faster, Since no banks are involved.
2. Closing costs are lower, no bank fees or appraisal needed.
3. The down payment can vary, the amount can be whatever the seller and buyer agree to.
The Cons of Seller Financing.
There are also a few red flags to consider when using seller financing:
1. Buyers could expect to pay a higher interest rate than they would versus a bank.
2. Buyers will still have to prove that they are worthy borrowers, The buyer has to show they can afford the monthly payment.
3. Buyers need to make sure the seller owns the house free and clear, banking institutions have a due on sale clause, which the bank has a right to demand the mortgage to be paid in full, the lender can foreclose. The best course of action is to make sure the house has no mortgage.
For investors, finding a local investor friendly Realtor/Agent is not that simple. Most agents are not familiar with the investing process, they focus on working with potential customers who would rather buy a home they intend to live in.
Where To Find Investor Friendly Realtors?
There are many local clubs you can go to, Your local Real Estate Investor Association, meetup.com, Search Biggerpockets.com, are just a few networking possibilities that are out there.
Ask other investors who they have worked with, word of mouth will probably be the best endorsement possible.
Are They Investors Themselves?
We need to find an agent that knows & understands how real estate investing works.
In a perfect world, you want an agent who has done some investing, this way they know the process you have been through, and not offended by any offers you will make..
Meet With The Agent
Once you secure the agent, set a meeting up and explain what you are trying to do and see if they are the perfect fit.
Like a friend of mine once said, getting to know an agent is like dating, you must go through several prospects before finding that right one for you.