Success isn’t something that is obtained “easy” no matter how you look at it. However if you want to achieve it you can follow some simple rules so that you aren’t cutting your own throat in the process of getting there! Consider like insurance for your own success. Here is the simplest of checklist of things you want to make sure you have in place.

1. Leads

No matter what type of exit strategy you have you need to have seller leads. Whether you are gonna buy it yourself to hold or rehab, or flip to another investor you need to have a funnel of property leads. Whether that’s MLS properties, Realtor leads, or private sellers that contact you or vice versa you need them!

Buyer leads obviously if you aren’t keep the houses are also necessary and in most cases are more important property leads. If you have 50 houses under contract and no one to sell them to what do you really have? A bunch of useless autographs!

2. Title Company

You want an efficient investor friendly title company that you can keep using almost all of them will start cutting you a little deal on fees if you stick with them. It’s not much but all money saved adds up over time.

3. Network

You want to network with like minded people just so it proves that you aren’t crazy! They also know people you don’t which more times than not comes in handy. If you can find a mastermind group with several people who have accomplished things you want to and they will let you in join! Finding the right mentor for you is also accomplished from networking not just randomly buying from the person who penetrates your email inbox the most.

4. Establish A Team

You want your team members to all be on the same page from the title company you choose, other investors you joint- venture or partner with, short sale negotiators (if you need them). and on down the line to Realtors and contractors. If someone isn’t the proper fit for what you want to accomplish they don’t need to be on the team. The best wide receiver of his generation is Terrell Owens yet everyone gets rid of him because he doesn’t fit in on their team. Take note of that! Someone can be great at what they do, but if they don’t fit in your puzzle they don’t belong in it!

5. Goals

Without goals you don’t have any real direction of where you are going! You have to know what you want before you can figure out how to get there.

6. Fear

Why do you need fear? You have to be afraid of the consequences of not achieving your immediate and long term goals. This will stop all of the excuses as to why you didn’t make your offers that you were supposed to, put out your signs, or call whomever you were supposed to. So fear or your reason why is important.

7. Systems

You have to figure out a way to put your business into a system that works for you. You can’t buy so and so’s system and then go well it sucks when it doesn’t fit you! It works for him obviously or he wouldn’t bet money on the fact that it will work for someone else! Figure out why works for you and then rinse wash and repeat while not being afraid to adjust it as needed!