Michigan Foreclosure Report by Mark Ijlal

If you are just putting together the pieces of your real estate business, I want to tell you something that has taken a long time to sink in with me: you got to have a personal “Not To Do List” .

Everybody has a To Do List that they carry in their Palm Pilot or laptop or day planner or even on a piece of paper in their pocket. Forget that. Before you even start putting together a To Do List, you need to put together a Not To Do List, simply because unless you have the later securely in place, you will never get to the do the former.

Think I am kidding : known fact in the management circle is that most business owners spent less than 1 hour a day growing their business – bulk of their time is wasted dealing with day to day crap.

This is more than true in real estate investment business where most investors are running a one person or two person (them and spouse or some other partner). Very rarely you will see a whole support structure behind a real estate investor. Conventional wisdom is that you need to grow first than have other people coming into the door helping you.

I am here to tell you that conventional wisdom in this case is wrong!

Your real estate business will never grow unless you put together a well thought out machine that will pretty much run on autopilot or with minimum intervention.

First step is to create a Not To Do List for yourself.