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How To Give Yourself A $20,000/Year Raise Without Asking Your Boss
By Sue and Chuck DeFiore
Why without asking your boss?
Two reasons, one, he or she will most likely say no; and second, he or she will probably have you committed for asking.
So what do you do. Give the raise to yourself.
Impossible you say. Chuck and Sue are crazy. Not at all.
Here's how.
You know we love the Creative Real Estate niche of Lease Purchasing and you know we believe it to be the perfect home-based business.
But, did you know you can use these same methods in your
spare time to give yourself that big raise.
Ask yourself, "What would I be willing to do to earn an
extra $20,000 in a year".
The answer may surprise you. And no, you don't have to
become a hit man (or woman) to earn this.
You just have to be willing to take a look at Lease
Purchasing.
Some background before you think we've completely lost it.
For every 100 calls Sue makes on For Sale By Owner property, she either speaks with or leaves messages for about 60%. That's about 60 people she puts the concept of Lease Purchasing in front of.
Out of that 60, approximately 10 will develop into true prospects. From these 10, 2 or 3 will develop into property we are willing to take on. The others may become consultations or manual sales.
(Please keep in mind, these numbers will vary a bit
depending upon your particular area and current market conditions).
Gee, you say, that sounds like a lot of work. Not really. Consider making those calls over a 3 month period. That's the equivalent of a call per day. Why a 3 month period. Because you're only looking to do one deal a quarter.
Next question. How does this translate into a $20,000/yr. raise? Simple.
On a typical single family house, we look for a $5000 assignment fee on average. Well, let's do the math. 4 x $5,000 = $20,000.
Yup, a $20,000 raise on 4 deals per year.
Is this realistic? Absolutely.
In fact, we may be conservative on that raise for you. You
may well decide to do five or six or more deals in a year.
All it takes is knowing how to structure your deals, having
the proper contracts and a willingness to want to give
yourself a raise. You can find all this information at our website at: www.homebusinesssolutions.com
You're right. Chuck and Sue are crazy. Crazy like a fox.
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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
visit the site? Subscribe to our "how to" Home Business Solutions
Digest, it's like having your own personal coach: subscribeHBS@homebusinesssolutions.com
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
This article may be reprinted provided that the original author's profile information (including all links) and courtesy notice below is included with the article. You many not modify the article content or the author profile information in any way. It is also considered a professional courtesy to email the author with details of when and where their articles will be published.
Please include the following courtesy notice on your reprint:
Article reprinted courtesy of Total Real Estate Solutions
http://www.totalrealestatesolutions.com
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