REI investor schedule

2 Replies

Thought I would repost this for the new people....

Monday - Mail, Fax, or email Advertisement at least 15 letters to lenders and at the end of the 1st month you will have contacted 60 lenders. You will then start getting lenders to send you their lists before Anybody else. (takes about 30 minutes)

Mail, Fax, or email at least 10 letters to Realtors, Contractors, Real Estate Attorneys, etc and at the end of the 1 St. month you will have contacted 40 Leads producing sources. You will then start getting Leads & business contacts. (‘takes about 30 minutes)

Search Internet sources for Leads (‘take about 1 hour) Study real estate related educational material (take about 1 hour) This I still do!

Tuesday - Spend day networking with realtors, bankers, credit unions, mortgage companies and all others you come into contact with (spend about 2 to 3 hours)

Wednesday - Go through newspaper for homes for rent, FSBO, Homes For Sale, Legal paper listings and searching neighborhoods and drive by. (‘spend about 2 to 3 hours)

Thursday - Court House Research. (‘spend about 2 hours)

Friday - OFF

Saturday - Inspecting Properties & Make Offers (‘spend about 2 hours)

Sunday - Inspecting Properties & Make Offers (‘spend about 2 hours)

Lisa,

I reviewed the site JMichaels Investments but still have questions. Lets say someone wanted to invest $30,000 on a single family or multi family residence. How would it work?

Originally posted by "Detchu":
Lisa,

I reviewed the site JMichaels Investments but still have questions. Lets say someone wanted to invest $30,000 on a single family or multi family residence. How would it work?

The first step is one will need to fill out an application and be approved.

When one invest the subject unit is rehabed and sold and profits are issued at that time.

John Michael

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