Right Now You Have a Tremendous Opportunity
to Expand Your Business to Amazing Heights

The REO industry is currently experiencing massive growth. If you're not already scrambling to get your business ready, you're missing out and you're losing big money every day you delay. Maybe you're just now trying to break into the business. GO FOR IT! There is still time, but get your butt in gear. You likely have dozens of other agents in your area who are already one step ahead of you.

THE GREAT NEWS: Right now 60% to 70% of the nations foreclosure are yet to happen. This means qualified and capable REO agents are needed to service this booming industry.

TO THE POINT: I can help you kick your business in high gear if you have less than 500 assets. Every business I work with is different. To get you started, check out the Five Critical Factors to Experiencing Rapid Growth. If you find that valuable, I strongly suggest you make a small investment and join my REO MasterMIND Group at www.lifepower.net. Use the code: TGRS to get your first month free. Immediately you can join my conference calls and start sharing information with other highly motivated REO agents.

Five Critical Factors to Experiencing Rapid Growth

1. Staffing - To prepare for your Rapid Growth you need to know who to hire, when they should be hired, what tasks they should be doing, how much to pay them and how to structure their bonuses.
2. Task Management - Every time you receive an assignment there are dozens of associated tasks that need to be completed. Multiply that by hundreds of assignments and you can get yourself in trouble real fast. I strongly recommend setting up a CTMS (Centralized Task Management System) early on in the game. Don't count on that white board. Spreadsheets wont hold up either. Hey, and forget about trying to use the lender websites as your primary management system. If you want to grow big, you have to think 'centralized'.
3. Asset Managers - Yes, you need to diversify your portfolio. You should be active with at least 20 different clients and have a system in place of bringing on one new client per week. That's how I grew my business to well over 850 assets. In my REO Rapid Growth MasterMIND Group, agents network together to share referrals in non competing markets. Amazing how fast you can grow your business with the right network in place. In this business it's not what you know or how hard you work, it's how well you're connected and who will refer you.
4. Reimbursements - In this business ... CASH IS KEY. You better have reserves if you are going to grow. Get that credit line right now! When you have hundreds of properties that you carry for months on end your expenses can get out of hand quickly. Don't manage your reimbursements and you'll be throwing thousands of dollars away a month. I've seen it happen time and time again. And don't think the lenders will be knocking on your door to help you correct your books and write you a check. Budget a loss of 2% to 3% per month. Any more than that and you're throwing it away.
5. Network - From day one you better be building your network. The thing you need to realize is that it's not who you know ...it's who they know and who they will refer you to. And don't forget the flip side, it's who you know and who you will refer. Give and take baby! Hey, and don't forget the power of sharing ideas, business strategies, techniques and general business knowledge. When you have a question who do you turn to? You want to be actively engaged in a MasterMIND group of peers who are experiencing the same thing as you!

AND don't forget BALANCE. You need a personal life to keep your sanity.