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Updated over 16 years ago on .

Account Closed
  • Real Estate Investor
  • Colorado
55
Votes |
817
Posts

The A-List (revisited)

Account Closed
  • Real Estate Investor
  • Colorado
Posted

If you're like most people, you probably open your mail standing (or sitting) next to the trash can... sorting through the obvious junk mail and bills as you keep a hawk eye out for checks.

Or maybe you simply sort your mail into 3 seperate piles? You know, checks would be Pile A, bills go into Pile B and that ever-growing 3rd stack of junk mail is usually Pile C unless, of course, it goes straight into the ol' round file on the floor.

Most successful investors segregate their lists of leads and potential deals into basically the same 3 piles. Obviously, hotter leads or more potentially profitable deals...make it on to the A-List. While the marginal deals get culled and placed into the B-List.

Anything left over typically makes its way into (you guessed it) the C-List which is kind of like a "if there's time, we'll look at these a little more" type of list...usually resulting in getting scratched off or deleted from the database sooner rather than later.

So that leads to the obvious question...how do you (yes, you) build your list of potential deals?

Do you have an A-List, B-List or even a C-List that you constantly keep track of to maximize your profits without wasting a lot of time?

If you're not nodding your head in the affirmative right now...take a little break for about 1:29 because...you really need to read this:

http://forums.biggerpockets.com/viewtopic.php?t=20224

If you're currently running your real estate investing business at 100% efficiency and max profits, feel free to skip past the post above. Everyone else should consider it required reading. :lol:

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