My goal for this month...please critique this..

[Ashley Buckamneer]

Have never invested in anything but real estate books, and Gunu classes and seminars. Here's my goal for the month of September. Give me more ideas on how to set up the contracts or good things to have in them..etc Please tell me what you think, the bad, good and the ugly if necessary, but be positive.

**Make an appointment with a local real estate attorney to set up my S-corp and start my local Rent to own real estate company. Learn what i need to do and how much money it's going to cost to get everything setup correctly and then execute that.

**Place flyers and ad's in the newspapers, online media and create a website..stating our business name and our what it is we do.

**Wait for the calls.they will come.they will come.they will come(fingers crossed)

** Here's the basics of how I want to invest in my town and surrounding counties- Purchase properties on rent to own contracts(land contracts)with no money down only monthly payments to current mortgage holder, Make all the tax payments as well and insurance of course.-Put a tenant in the home and start making some positive cash flow. One after another same scenario, purchase home and home after home for the next year and at the end of that year we'll see where we are with the number of homes we've obtained and then sell X amount of homes and pay off the rest or at least as many as we can.

Okay now let the comments begin. please be encouraging not negative, lord knows i have enough of that to deal with.

[Clay Manship]

Hi Ashley-

I like the goals, but personally would like at least one goal to be: "secure one deal, have several leads leading to __________." What is the financial goal? Give yourself an objective goal that you need to reach--it will help you get there faster.

Also, why an S-corp for your rent to own company? Why rent to own contracts in general, and why no money down? Market nowadays will be allowing for some kind of money up front I would think, and allow for you to pursue marketing and advertising efforts while getting something in the bank. Just a thought.