Why Selling on Lease Options is Glorified Landlording

Written by Tim Randle


Continued from page 1

Let's not forgetrepparttar TBer who doesn't call to let you know that something needs repair. You may have done such a convincing job explaining that it was their responsibility thatrepparttar 105434 TBer chooses not to call. Since they don't haverepparttar 105435 money to fixrepparttar 105436 water leak inrepparttar 105437 upstairs tub, they just let it continue. Now, we've got some mold issues and much more serious repair numbers. It's critical in my opinion thatrepparttar 105438 TBer call you if they have a significant repair, even if they're able to pick uprepparttar 105439 tab. I want to know what's going on in my properties.

So, to summarize, I think there are some important steps to take when you sell your properties on a lease option. Take what you feel is important and incorporate it into your business if you haven't already done so.

1. Pushrepparttar 105440 TBer to get an inspection done. If they don't haverepparttar 105441 $200 or so to do this, ensure they sign off on an inspection waiver. It's more difficult for them to come back to you demanding their option consideration and rent back due to needed repairs if they made this choice on paper and signed it.

2. Consider using part ofrepparttar 105442 TBer's funds to purchase a home warranty. Not only does it comfort their concern of potential repairs, it increasesrepparttar 105443 likelihood that needed repairs will get done. It's cheap insurance in my opinion.

3. Set up your standard operating procedure regarding repairs. Like all issues regarding properties with which you stay involved, it's important to promote and maintain consistent, documented procedures. In other words, don't have different repair policies for different properties or TBers. Chooserepparttar 105444 repair responsibility method or methods you think will work best and stick with them.

4. Another item not mentioned that is also company policy is thatrepparttar 105445 TBer must have and maintain renter's insurance. Policies can be purchased for very little funds and it protects their personal property. Typically, these policies will also have a liability component that provides an initial layer of protection before they get to your policy. This way, if some accident happens, likerepparttar 105446 tub leak above, that damages their property, they won't be coming to you first for replacement.

Selling on lease options can be a profitable technique if done wisely. Just don't go into it believing it doesn't take any work and thatrepparttar 105447 landlording headaches are completely removed. They aren't.

Sincerely, Tim Randle

Tim Randle can be reached through his web site at www.TexasRealEstateClub.com.


Unleash the Magic of Goal Setting for Internet Marketers!

Written by Rod Moore


Continued from page 1

1. No of visitors to your web site. Per Day ? Per Week ? Per Month ? Growth rate?

2. No of subscribers to your eZine. ie Of those visiting your site, how many subscribe to your eZine? Whats your conversion rate?

3. No of orders. How good is your sales copy? What is your current conversion rate of visitors to sales achieved? What do you plan to improve this to?

4. How many affiliates do you have? Do you have an affiliate program? If not, when do you plan to have one up and running? How many affiliates do you aim to have? No of sales made by your affiliates?

5. Search Engine locations. How high do you want to aim ? Based on how many key words?

6. Back end products. How many back end products do you wish to develop? How many sales do you plan to make of your back end products? What % of customers do you expect to sell your back end products to.

These are just some example key performance indicators. Your business may be different and require a different set of key performance indicators.

So what should you do from here?

If you wish to unleashrepparttar magic power of goal setting in your life then take action right now and completerepparttar 105432 following three steps. By doing so you will propell yourself forward intorepparttar 105433 category of those who do vs those who dont. Your success will be within your grasp and you will begin to activaterepparttar 105434 Law of Attraction.

Step 1: Identifyrepparttar 105435 Key Performance Indicators that you need to ensure your success.

Step 2 : Clearly identify where you are at today in each area.

Step 3 : Write clear specific goals forrepparttar 105436 next 3 months, 6 months and 1 year.

Bonus Step 4 : Write down a vision statement of where you see your on-line business in 5 years time. What will your business look like? What turnover will it produce? What will be your income fromrepparttar 105437 business? What will your lifestyle be like?

Remember this when goal setting : Most people greatly overestimate ehat they can achieve in 1 year and greatly underestimate what they can achieve in 5 years. Use that as a guiding principle in your goal setting. Watchrepparttar 105438 magic of goal setting come to life and expand your on-line business and gaurantee your success!

Rod Moore Self Management Systems

************************************** Rod Moore is a leading authority, author and speaker onrepparttar 105439 topic of goal setting and personal empowerment. More than 10,000 people use his 'Goals Magic System' worldwide. To get your FREE copy ofrepparttar 105440 'Goals Magic System' visit http://www.goalsmagic.com **************************************

(C) 2003 Self Management Systems - All rights reserved.

You may reprint this article in your eZine, eNewsletter or on your web site providingrepparttar 105441 article remains intact includingrepparttar 105442 accreditation and copyright notice. For more details and articles onrepparttar 105443 magic of goal setting contact us at self_manage@yahoo.com



Rod Moore is a leading authority on the subject of Goal Setting and Self Empowerment. More than 10,000 people use his free 'Goals Magic System' to enjoy more success in their lives.


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use