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The Lease Purchase Business Day
by Chuck & Sue DeFiore
For those of you conducting a lease purchase business, the first thing
for you to do each morning is to check your goals. How many calls are
you to make, how many contacts, articles, etc. Your goals will depend on
where you are in your business - just starting, in business for a year,
two years, etc.
The next thing to do for those in lease purchasing is to check your
calendar for the day, and to check your tickler file. Depending on what
is on your calendar and in your tickler file will determine what else
you will be doing for the day. Let's assume you don't have any
appointments scheduled. Your tickler file is empty, other than for your
To Do list.
Next you check any e-mail you have received and answer it. Answer any
snail mail from the previous day. For those of you operating a lease
purchase business, next, be sure you have enough newspapers with sellers
to call, otherwise go through the next one in your stack. The same goes
for your FSBO sites on line (if you already have a list to call from
fine, if not, go to the FSBO sites and pull down the information you
need to make calls). Once this is done, start calling (be sure to follow
your script and leave the appropriate message).
After you are done calling, send out any follow up information you need
to. Be sure after calling to update your databases. If you would like to
start a successful home based lease purchase business, check out our
website at: http://www.homebusinesssolutions.com/products/products.htm
Next you want to do some reading in your area, both on and off-line.
Don't forget you can do some of this during your lunch break. Also be
sure to visit on-line groups that relate to your business.
Be sure to check e-mail again in the afternoon and respond if necessary.
At the end of the day, straighten out your desk, do your To Do list for
the next day, check your tickler file, and add any appointments to your
calendar.
Depending upon when your mail is delivered, you will need to deal with
this also. Open and respond to any snail mail, or put it in mail folders
to deal with later or the next day. If you use a mail box you will need
to schedule this in during the day. Decide if you need to go daily or a
couple times a week.
In addition, for accounting and deposits, I do this on a weekly basis,
however, others might feel more comfortable dealing with it daily.
Also for those of you with merchant accounts, it is best to run your
credit cards in batches and then batch out at the end of the day.
For items purchased that I e-mail out, I do that during down times,
after work hours, lunch time, break times. For items that need to be
mailed, I schedule two post office runs each week. You waste too much
time going every day. For those of you running a mail order business,
you might want to look into services that come to your home for pick-up
or use a service that goes to the post office for you.
For those of you in the lease purchase business, the above is just part
of what you need to do each day. What I mean is if you are in the middle
of a deal you will also have to schedule time for credit checks, showing
the property, and calls from tenant buyers. With good time management
and organization skills it can be done. We do it every day, plus a whole
lot more. While some days we might concentrate on coaching or
consulting, other days we will concentrate on writing or research.
However, we get it all done with time to spare, How? Organization and
time management....plus a lot of years of practice.
So, don't get discouraged, persevere and some day you will be in the
same place we are.
Copyright 2003 DeFiore Enterprises
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About the Author
Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to
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Click here to learn more about Chuck and Sue DeFiore
Articles by Chuck and Sue DeFiore
 Managing Cash Flow 
Juggling The Day With A Deal
Various Aspects Of The Lease Purchase Business
Does Your Business Need An Attitude Adjustment?
Ethics in Business..A Lost Art
Referrals…The Secret Weapon
How To Give Yourself A $20,000/Year Raise
A Forgotten Marketing Tool - The Postcard
Using Those Business Cards
Is Your Business Safe?
Getting Started In Real Estate
Take It To The Customer
The Art Of Calling on Real Estate
Finding and Qualifying The Tenant/Buyer
Checklists for Tenant/Buyers and Sellers
The Lease Purchase Business Day
Warming Up to Cold Calls
Businesses - Leisurely Dining Or Fast Food?
How Do I Implement The Lease Purchase Plan
Guidelines For Choosing A Guru, Coach...
Are You A Shoulda, Coulda, Woulda?
Are You Profiting From O.P.P.?
The Many Ways To Profit From O.P.P....
How Do You Profit From O.P.P.?
Consulting Your Way To A Six Figure Income!
Business Partners & Marital Partners (Part I)
Business Partners & Marital Partners (Part II)
The "Psyche" of The Seller and The Tenant Buyer
The Divine Secrets Of The Ya Ya Lease Purchase Hood
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