A constant flow of deals must be maintained to have a successful real estate investing business.? However in the process, the resulting work you create can end up leaving you overwhelmed and over-worked.
It is therefore necessary to work smart and be able to continuously increase the number of deals you close every month.
?Today we focus on a few areas that can help you achieve this goal.
1)??? Phone
?When your phone rings off the hook and you have other business to attend to, life can get pretty hectic. It is necessary to direct all leads in your marketing to a phone number that is either answered by a screening service, a virtual assistant or voice mail.
In other words, marketing calls must be handled separately from other calls.? You end up increasing efficiency and conversion.
?In my business, motivated sellers must be motivated enough to leave a voice message.? A virtual assistant then calls them and pre-screens them for me and submits their information on my real estate investor website.
2)??? Outsourcing
Most real estate investors are control freaks that micro-manage everything or do everything themselves.?? A day has only 24 hours in which you can only do so much.
Let professionals handle different parts of your business and everything will flow faster and more efficiently.
?These professionals are not your employees, but they handle different parts of your business. For example, your title search work can be done by your title company or real estate attorney.
3)??? Hiring
This can be expensive if not handled right.?? For a few years now, I have maintained part-time employees without a physical office.
?My motivated sellers are pre-screened by a virtual assistant. She also does some of the paperwork for me, or running some errands.? At the end of the week, I get an invoice for the hours she has spent working for me.
?Though she is not my full-time employee, she does a lot of work for me as demand arises.
?You can get more than 100 applicants by running a simple ad on Craigslist.
4)??? Direct mail
This is another area that leaves most people overwhelmed.?? My post cards come from? overnightprints.com or printsmadeeasy.com or Vistaprint.com.
?For around $300 to $350, I get 5000 high quality glossy post cards. These are enough for a lot of marketing.? Of course you can buy more if necessary.
?I then print mailing labels using mail merge on Microsoft word and excel.? Every week, I spend only about 20 minutes on this.
I then hire kids to stick the labels and stamps to the post cards, and I drop off the mail at the post office myself.?? I can therefore control when my mail goes out and manage it accordingly.
If you send letters, you might need more help to make things easy and cheap.? I bought mail processing equipment cheaply that makes my work easy.
5)??? Automation
You must have a real estate investor website that automates most tasks of your real estate investing business.? The website tells your story for you before they every pick up the phone, increases conversion and delivers leads that are already pre-screened for you.
When you are investing in real estate, automation is a necessary component that increases your efficiency and conversion. Find out how an interactive website for real estate investing can help you close more deals while spending less time, money and effort.
Source: http://articlelib.org/real-estate-investing-on-steroids-how-to-close-more-deals/
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