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You must be a veteran businessperson and negotiator. Your power in being good in this business will be a result of your putting together a sensible deal which will spell additional income for your investors and not because you are a veteran negotiator or businessman - although to a certain extent it will help you - but only so much. A real estate investment expert once wrote that negotiating for a property based on its list price will be disastrous because the list price is the seller’s own view of what the property is worth and not what it is actually worth based on its cash flow or operations.

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Firstly, take a look at your life insurance policy. If you have no children or grown children or if you are no longer married, then you make want to reassess your need for life insurance. The whole purpose of a life insurance policy is to safeguard the people you are leaving behind such as spouses and children. If you have no spouse and your children are self-sufficient, it is unnecessary.

Keep your car. You paid it off, you deserve it! Most people feel that once the car loan is paid, they need to go ahead a get a new car with a new car payment. It is wise to keep the car you now own for at least a few more years, ideally three or four. Smart savers will even bank the money they were using for their car payment since they are used to paying it monthly. In a high interest savings account, that money will grow before your eyes.

The task was to find out how much must be fed to the funnel so that the number of transactions they want to exit in the bottom of the funnel. Analysis of activities and marketing to feed the required amount of prospects into the top of the funnel is also needed. This is a complex task, with the difference in quality of prospects, like basing on how they are acquired or generated and at what point they are already in the process. In simple terms, a prospect who calls in to request to be shown some properties will obviously be more likely to come out the bottom of the funnel as one who just visited the website and and asked for information. There is a need to quantify an “average” transaction and commission amount for each transaction that exits the bottom of the funnel.