Leverage your time or FAIL

Leverage your time or FAIL.

You cannot afford to focus your efforts on tasks that are not directly generating income and You Can't Do it All Yourself!

SELLERS

1. Make first contact with sellers and pre-screen them.

2. Follow-up on sellers not answering the phone.

3. Follow-up on prospect list 30-90 days later.

4. Pull comps or request them from a Realtor.

5. Make courtesy call to sellers between contract and closing so they don't get flaky.

6. Create and present offers based on investor criteria.

BUYERS

7. Receive calls from prospective buyers.

8. Pre-screen buyers, sellers and tenants.

9. Follow up with prospective buyers about touring the house.

10. Collect applications from prospective buyers.

11. Get prospective buyers pre-approved by loan officer.

12. Produce and uphold online contests and giveaways.

13. Research.

DEAL-RELATED

14. Fax Authorization to Release Information.

15. Get reinstatement figures and overnight address.

16. Call contractors to request estimates.

17. Fill out Loan Information Sheet.

18. Prepare documents for seller at closing.

19. Order gift for sellers/buyers.

20. Get testimonials from sellers/buyers.

21. Call/email tenants to remind them of late payments.

GENERATING LEADS

22. Creating a list of homeowners in foreclosure.

23. Preparing and address Postcards to Trustee's Sales.

24. Removing returns/leads from lists.

25. Get phone numbers of trustee’s sales.

26. Calling sellers behind in payments.

27. Thank-you cards to investor or private lender contacts.

28. Check online sites for leads (Craigslist.org, Realtor.com etc.).

29. Research Wholesaler Databases.

30. Build Wholesale buyers list.

31. Build Lease Option buyers list.

32. Update clients of impending bill due dates.

33. Receive and assess wholesaler property emails.

34. Research vacant properties.

35. Find vacant property owners.

36. Setup and maintain lead database.

Miscellaneous

37. Research on vendors/prices.

38. Check PAT Live for hang-ups and email info.

39. Check Voicemail.

40. Answer incoming calls.

41. Make outbound telephone calls.

42. Respond to emails.

43. Post properties for sale on various sites.

44. Create marketing pieces for review.

45. Manage/execute direct mail campaigns.

46. Social media, blogging and bookmarking.

LANDLORDS

47. Handle tenant repair calls.

48. Dispatch service people.

49. Follow up with tenant after repair.

50. Tenant retention.

51. Prepare and send quarterly newsletter.

52. Track lease and send renewals.

53. Track expenses by property to raise rents when appropriate.

54. Follow up to make sure renewal is signed.

55. Advertise properties prior to lease expiration.

56. Post adds on Craig's List, Rentals.com, USLease Option etc..

57. Prescreen prospective tenants.

58. Research current rental rates.

59. Follow up on late fees and collections.

60. Schedule utilities on and off.

61. Coordinate move-in with new tenants.

62. Track rents, payments, insurance and taxes.

63. Maintain property database.