Here are a few of my short-term and long-term goals for 2006 regarding REI. I have to admit that I'm not sure if some of these can be attained in the timeframe I've given them due to the soon-to-be arrival of our twins, but I'll revise them if needed later ...
Web Site - One huge goal of mine in the next 1-3 months is to create a web site that people can use to correspond with me and to know what I'm all about. As I start accumulating deals to offer end-buyers, I'll also post the details of the properties there, too. I'll try to keep the web site professional, but also simplistic. I've seen a lot of RE investor web sites that are full of distracting images, fonts, and whatever else. I really like Bginvestor's web site as it is clean, professional, and to the point without all that annoying eye candy.
24hr Voicemail Service - I have a cell phone I use mainly for business, but I just have a basic greeting and my voicemail. I'll probably keep my cell phone, but I want to have a 24hr recorded voicemail that can handle multiple mailboxes for my business. I'll also use a professional to say the message, so it sounds better (i.e., my voice is terrible on the phone). Another advantage will be for bilingual and even Spanish-speaking ONLY homeowners as I will have a separate line for them to listen to.
Monthly Deals - While having monetary goals is essential, I want to mimic Richard Roop's advice of looking more at the number of quality deals you get each month. If you get make an effort to tailor your marketing and other strategies in attaining a certain number of deals each month, the money will come right along with it. By year's end, I want to be in the position of making at least one quality deal a month. If I can get one quality deal per month by year's end, it will give me about $5k-$8k/month on average in cashflow. This would allow me to sustain my family in the interim in case I lose my JOB, which is one of my ultimate goals for the end of the year.
I have a slew of other goals with their own milestones, but those three were the my main short- and long-term goals for the year. As things progress throghout the year, I'll add/revise the goals. Happy investing!
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3 comments:
Good advice, Brian. I'll still keep my cell and use it for calls, but I would like a 24hr voicemail system as a first line of defense. Basically, I'm thinking along the lines of Roop and, especially, Kaiser(?) who recommend having a 24hr voicemail system to "weed out" retail sellers, but will also tell the listener if they need to talk to me NOW, here is my number - or better yet, press "7" (or whatever), and it will automatically ring my cell phone. But you raise a good point as it may be overkill initially.
Steve,
Check out gosolo.com. Their service gives you an 8xx number with announcements, voicemail, and all calls are logged with the caller's number. It also has the feature where they can press a number to talk to you, which will forward to a list of number you specify, in order, to "find" you. This list can be set to be different based on time of day - very cool. If you choose not to talk to them at that point, they can still leave a message with the service.
You can also recieve faxes through the same *## number. All of this is accessible through a web interface too.
Martin
Hey Martin. Happy new year! Thanks for the info. The company I was looking at was freedomvoice.com. They seem to be well established and have reasonable rates. I'll definately check out gosolo.com as well. Thanks for the tip!
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