Budgeting and Business Planning
Part of being successful in Real Estate is understanding your income and expenses. So below are your tasks for today.
Task
Your task for today is to watch the video below with a notepad in hand, then download the budget and business planning calculator, run your numbers and answer the questions below.
Questions to answer:
- How much Gross income do you need to generate from Real Estate annually?
- How many transactions does this number represent?
- How many conversations per day or per week does that represent?
- How many hours per week can you dedicate to working Real Estate?
- What prospecting process would you like to start using? (Read about prospecting methods in REAZ.app under Courses/Calendar Chapters > Prospecting Methods Chapter 1-7)
Timeframe: You should be able to complete this task within 5 days
Once I get your answers I will reply back or meet with you with my feedback, and we will move to the next step.
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