The Christmas season is upon on, and although your focus may be on holiday dinners, visiting family, and buying the perfect gift, in the back of your mind, you can’t help to think about getting back to real estate investing.
There are so many helpful real estate investing tips out in the world, but many of them are for real estate market during the non-holiday season. Your real estate investing efforts don’t need to stop just because of the holiday. You can use this time to get ahead of your competition and plan for future deals in the new year. Below are just a few real estate investing tips that will give your business an extra boost during the holiday season.
Tip #1: Don’t Stop Making Deals
Although it’s the holidays, don’t stop making deals. Throughout the month of December a lot of investors take time off. This is your time to swoop in on some great deals. You will find that during the holiday season, there is far less competition than any other time of the year.
Tip #2: Generate Leads No Matter What
Take the holidays to generate a few leads. Of course don’t let it get involved in family time, but by generating a few leads you will feel much more prepared as you enter the new year. A few great lead-generation strategies you can lean on this holiday season is creating holiday-themed direct mail and throwing holiday-themes wholesaler parties. Staying with a holiday theme in your strategies not only helps spread holiday cheer, but help you start a conversation with people and form connections.
Tip #3: Asses and Plan Out Your Year
As 2019 comes to an end, take a step back and reflect on the good and bad of the year. Be sure to ask yourself a few important questions:
Ask yourself, “What went right?”
Over the past year look at your wins. This is a great way to examine what stratergies worked well. It is also a great way to boost your confidence!
Ask yourself, “What didn’t go according to plan?”
Sometimes we don’t always succeed, and that’s okay. You can’t beat yourself up over it. Think of it as a learning experience. You will be less likely to make the same mistake again.
Ask yourself, “What are your plans for next year?”
One you have looked back at the year, start to think of goals for the future. These goals should be both concrete and tangible. Be sure to be as specific as possible and lay out what actions you are going to take.