Small businesses can benefit greatly from virtual outsourcing, where the service provider can be located anywhere in the world. The largest outsourcing category is “administrative services” in the form of virtual assistants.

Businesses today have many facets. To create an online presence, a company needs a website. I love Bluehost, they’re easy, affordable and you can Host Unlimited Domains – 1 Account $6.95 Per Month

Virtual outsourcing can make this a reality for your business without spawning a huge headache. Virtual assistants and outsourcing firms can hire website designers to handle the job. Armed with a list of what you want done, the setup of your business website will be handled by someone who knows exactly what they’re doing and save you time.

Virtual outsourcing can have many benefits, not the least of which is “time.” A virtual professional is only paid for the time that they spend on your work. With employees, you pay benefits, lunch breaks and other expenses. Only part of their time is spent on actual work production. Outsourcing lets businesses get the manpower assistance they need without the added expense.

A huge part of what I enjoy most about being a real estate investor is that I can set my own hours and have the flexibility to make time available for other important tasks when necessary. There are so many other things that I’d like to devote a portion of concentrated time to- such as traveling, volunteer service and fitness.

Hiring a VA offers various ways in which to leverage your team, your cash and your deals. Your challenge may be that the business is currently too small for additional employees or simply can’t afford them.

I’m an entrepreneur and I enjoy doing many things while building my real estate business, therefore it’s imperative that I leverage my team to maximize results.

Virtual assistants are professionals who draw on a variety of business expertise to boost your business and help you to grow, to expand and to make money.

It doesn’t matter how passionate and determined we might be about our real estate investing business; a business, real estate deals, profits are non-existent without effective and consistent marketing.

When I’m talking about effective real estate marketing tools, our marketing must be targeted toward motivated sellers or we’re wasting our real estate marketing dollars and time on people that aren’t serious about selling their houses. The objective is to find solutions for homeowners that need a lifestyle change of some kind on a property that we can also make a profit from.

Marketing creates leads and leads can become deals- real estate deals can produce big profits.

There’s so many ways to generate leads -I’m going to list ALL of them that I know of off the top of my head.

Feel free to add to this list here as well.


Using printed info, these are some of the low cost advertising rei tools/ideas that can supply real estate investing leads.

1. Business cards
2. Small newspaper ads
3. Free ads at craigslist and other sites
4. Signs
5. Door hangers
6. Utility workers
7. Flyers
8. Grocery store carts
9. Bulletin boards
10. Billboards
11. TV
12. Radio
13. Referrals
14. Bus stops
15. Laundry mats
16. Community events

In terms of outreach to people, places and agencies – Here’s a list of the ones that I’ve used and a few that my investing/investor colleagues have used.

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1. Title Companies
2. Home Inspectors
3. REIA Clubs
4. FSBO’s                                                            
   
5. Bankruptcy Attorneys
6. Homeowners Associations
7. Burned out Landlords
8. Bail Bondsmen – often due to legal reason, these agencies end up with properties that need to be sold.
9. Code Enforcers – know the neighborhood violations, etc. Got any in your family?
10. Hard Money Lenders- interview one and have this discussion
11. Meter Readers
12. Waste Management – know the neighborhood- vacants,  REO’s, etc
13. Divorce Attorneys
14. Probate/Trustees – aware of /oversee many files. Interview one.
15. Tax Offices – publish in newspaper, contact them for more info
16. Garage Sales- newspaper for locations/dates. sometimes these folks are (underground) motivated sellers as well.
17. Estate Sales- do you know anyone that coordinates these? If not, time to meet one or check the newspaper for locations/dates.
18. Vacant Houses

** Every time you go for a ride, take a different route to get to know your neighborhood, the properties, comps, vacants and utility workers.

Now that we’ve examined many different marketing and advertising ideas, over the next couple of days-  pay attention to people that you already know in these roles that you can offer a referral reward to for bringing you deals.

Another REI Tool for you!

If you need the actual templates, scripts, postacards and letters to target those deals

CLICK HERE and you’ll get an Instant Download sent to your inbox.

Chat  soon.

To your massive success,

Karen

Let’s gown down to some basics  about how to get the phone to ring and  let’s give some thought to what is required to get our plan in place.

• How much time do you intend to spend on your real estate investing business each and every week?
• Plan your schedule every  Sunday evening for the upcoming business week by logging it on your calendar and entering in your PDA/Cell phone to remind you about your goals and where you are headed.
• Don’t allow anything to interfere with this schedule-its important
  
• Work on your real estate investing/wholesaling business at minimum of 20 hours per week (consistently)
• Break the tasks down into specific days and times to make sure it all gets done.