What are some of the New Year's resolutions investors wholesaling houses might want to add to their list for 2014?
A huge percentage of those wholesaling houses will be making New Year's resolutions over the next week. So in addition to the usual line up of get fit, be healthier, make more money goals, what are some of the resolutions investors may want to add to their lists this time around?
1. Not to sue anyone for the next 12 months
This may be a surprising one to many. Certainly there will be many occasions that will arise when it seems awfully tempting to at least shoot off some lawsuits, if not totally justified, slam dunk small claims. Unfortunately, the fast to sue trend is also one of the worst parts of the real estate industry. Perhaps it's time some took a stand to break the trend.
2. Commit to thorough due diligence
Yes, even on wholesale deals it is important to complete thorough due diligence. Even for those flipping contracts this is essential to preserve reputation and build a sound long term business that will continue to be profitable for years to come. This will also help prevent from becoming the victim of a serial predator that makes a living off of suing investors.
3. Double last year's achievements
There is really no such thing as just maintaining the status quo in the real estate business. You are either growing or withering away. It's also pretty abnormal to blast way past the goal ceiling you set yourself. So shoot to at least double what you achieved last year, and even if you fall short you should be pretty pleased with the results.
4. Not to quit
Even as easy as wholesaling houses is be mentally prepared for bad days, dull weeks and less than stellar months. Resolve not to quit now, and whatever you do, don't give up to become a real estate agent.
5. Find more ways to give back, and give back more
Real estate wholesalers are more equipped than most to give back and find ways to ฝากขายที่ดิน help others. Commit to making it a core part of your business in 2014, not an afterthought.
6. Create a slush fund you absolutely won't touch
With money often coming so fast, big and easy for those wholesaling properties it can be very tempting to get comfortable with blowing it all. Just make setting aside a rainy day fund a priority if you don't have one.
7. Take time out
Resolve to take a significant amount of time out to relax enjoy the journey and the great rewards of wholesaling properties for a living, and to plan ahead.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น