When people first start out in Real Estate Investing they tend to focus on how many deals they can make. They are trying to achieve a certain amount of income so they figure they need a certain amount of deals to make that much money.
But sometimes it may take a long time before a deal actually happens.
There are a lot of things that need to be done before a deal will happen.
What I like to do is set goals for the activities that are required to make a deal. Eventually these activities will create the deal you are looking for.
The following are some activities that you can set goals for:
- Run 5 Online advertisements per week.
- Respond to all questions from your advertisements within 24 hours.
- Contact 10 seller ads a day (email or phone)
- Meet with 1 prospect a day.
Obviously these activities will vary depending on your Investment Strategy and the amount of time you have available for your Real Estate Investing goals.
Real Estate Investing is a numbers game.
The more things you do, the more likely is your success.