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Saturday, July 25, 2009

Business/Finance: Developing Your Strategy

1. Choose your geography. Once you have chosen the city
to work in, narrow the field down by suburb, ZIP code,
or areas that have higher than average growth.

2. Choose the type of property you will invest in. Do you
want older homes, with more established gardens and
more maintenance requirements, or newer homes in
outer suburbs with longer commutes?

3. Choose your marketing plan to attract potential properties.
Will you pursue properties that others advertise, or
will you advertise seeking properties? Which combination
of flyers, newspaper advertisements, community notices,
and real estate agents will you focus on?

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