Business cards that show success

Chapter 11: Step 10 in Quick Start Guide. Order your business cards   Time: 1 hour, day 3 I recommend vistaprint.com (use the paid ones, don’t let them put their name on the back of your card).  (every time you get a business card, make sure you write on it where you met the person and something personal about them & what you talked about). I have a couple cards, that address different relationships.  For example, I have a card for banks that say “Manager”, for buying properties and networking I have a card that says,...

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Create your real estate lease

Chapter 10: Step 9 Create your lease. Time: 3 Hours, Day 3 Either go buy one, or modify the free one that you got from signing up with the newsletters. Set it up with your Management Companies Address, name and details. The key sections you should have in your lease are: Forms of payment.  How tenants are to pay you. Late payments and fees.  What happens when they are late Security deposits.  What are they and how long they have to wait to get it back after they move out. Quiet enjoyment and respect to neighbors.  Let them know that they need...

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Make your branding and logo for your real estate company

Chapter 9: Step 8 Create your branding Logo for your real estate management company. Time: 1 hour, day 2 (It’ll only take you about 1 hour to pick the contract, but it will probably take the person a few days to a week to finish it. No problem! Get it started, and move on to the next steps). Either brainstorm this yourself or go to Fiverr.com and pay someon $5 to help you out.  Sometimes they will require a few extra $$ if you want special options so check out their “extra gigs” so see what they provide. What is branding? Let’s make brading...

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What phone systems do you need as a beginner real estate investor

Chapter 8: Step 7 Set Up your phone system Time: 2 hours, day 2. Set up a professional phone system that will help serve you and protect you in case of trails and help make your evictions run smoothly.  You want to have a main mailbox for your communications that you can respond to quickly.  Google voice is a good free option, but I recommend PBNext.  In addition to your business voice mailbox, you will want to have another line for maintenance calls that always goes to a recording.  Make sure that you call people right back after they leave...

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What bank accounts are important for my real estate investment company

Chapter 7: Step 6 Go to the bank Open up Business accounts. Time: 2 hours, day 2 (Note, that in some states you may have to wait a while to get the verification of your entity from the state so you may have to wait for that, if so, move on to the next steps and do this as soon as you can). Find a nice bank that gives free business accounts and has branches that are accessible to tenants and contractors in the areas that you are investing in.  Ask for free online billpay and free online account management.  In most cases both of these are...

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First steps for getting bankable is to know your report and fico

Chapter 6: Step 5 Go to myfico.com and pull your credit reports/scores. Time: 15 min, day 2 Go to myfico.com and credit report. You need to know what is on your credit report and what your real FICO score is.  After you finish the quick start guide, and set up your business plan, marketing plan and initiate business, we want to get right into improving your credit score!  Don’t waist any time on this now, just get them, look over them quickly for inaccuracies and later we will talk more about credit repair and optimization.  Action steps: Go...

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