WARNING: This single step might double your Houston Real Estate investing income in the next 90 days.
Decide on your target market
Establish what your target market will be. I understand from experience which it is really painless to want to do ALMOST EVERYTHING: Foreclosures, probate, absentee owners, abandoned sites, tax liens, lease options, and the list goes on and on! But, to be a thriving Houston Real Estate investor and to really make money in Houston Real Estate, you’ve got to focus! Drill an inch wide and a mile deep!
Let me guess, you heard a teleseminar on short sales and you wanted to dive in! Then, you invest in the probate dwelling study course you just discovered on the web!
I am guilty of this! I went to a 3 day Houston Real Estate training several years ago. Every single tactic, method or tactic that was taught was “it”! So, immediately upon leaving, I decided to try anything all at once… The thing about this is that we’re so often searching for the magic pill, and unfortunately, no such elixir exists in Houston Real Estate.
Believe me. I understand your frustration when almost everything seems to contradict anything else. So, I’m going to clear things up for you! You really don’t have to do every thing in Houston Real Estate. You have to do one or two things well. So, perhaps you work with foreclosures and within the probate system for your Houston Real Estate investing concentrate. You become the qualified in those areas.
You learn one marketplace and how to negotiate, overcome objections, solve challenges which come up and so forth. I systematized it and then move on to the next industry and let the system run on autopilot.
Direct mail, driving for dollars, telemarketing or mass media advertising
3. Set your Houston Real Estate marketing budget:
Figure out exactly how a lot you are going to spend per campaign. A campaign is not a monthly budget. Keep in mind a Houston Real Estate marketing campaign is not necessarily a monthly budget. You may spend $100 one month and $500 the next basically because of what marketing tactics you are using.
Implement your schedule – and stick to it! You’ve got to commit to your Houston Real Estate marketing or else you’ll be throwing funds out the front door rather than really making hard earned cash in Houston Real Estate! Be individual and stay in for the long haul and the deals will come. Just remember which Houston Real Estate marketing is an investment into your Houston Real Estate organisation and constant investment outcome in a constant stream of income.
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