Checklist Tags

These are the checklists related to Week 55.

When you click on the task, you can also see the tags that task is filed under. You can also click on the tag to see other tasks with that tag.

1. Review my "Future Narrative"
   Review my own "Future Narrative" to remind myself about my why, my how and what obstacles I am committed to overcoming.

   Do this at a minimum once a month.

   Mark this task as complete once you've reviewed your "Future Narrative" this month.

   ASAPFuture NarrativeGoalsUltimate Nomad ChecklistWeek 1Week 10Week 11Week 12Week 13Week 14Week 15Week 16Week 17Week 18Week 19Week 2Week 20Week 21Week 22Week 23Week 24Week 25Week 26Week 27Week 28Week 29Week 3Week 30Week 31Week 32Week 33Week 34Week 35Week 36Week 37Week 38Week 39Week 4Week 40Week 41Week 42Week 43Week 44Week 45Week 46Week 47Week 48Week 49Week 5Week 50Week 51Week 52Week 53Week 54Week 55Week 56Week 57Week 58Week 59Week 6Week 60Week 61Week 62Week 63Week 64Week 7Week 8Week 9

2. Practice filling in "Lease"
   Practice filling in a complete sample "Lease" before meeting with your Tenant or Tenant-Buyer to show a property and complete a "Lease".

   Mark this task complete once you've practiced filling in a complete "Lease" and asking your Contract and Paperwork Attorney any questions if they come up while doing it.

   LeasePaperworkPrepare to be a LandlordUltimate Nomad ChecklistWeek 55

3. Practice Tenant or Tenant-Buyer script
   Practice your script for incoming calls from Tenants and/or Tenant-Buyers.

   "Professionals practice off the field." The time to learn your script is not when you have a fully qualified, Tenant-Buyer with a large down payment on the phone.

   Mark this task complete once you've run through your script enough times so that you feel comfortable with it.

   Prepare to be a LandlordScriptsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 55

4. Determine your Rent (or Lease-Option Rent)
   Determine what Rent you'll charge for the property or, if you're offering a Lease-Option, what Lease-Option Rent you'll charge for the property.

   This is often done by researching what Fair Market Rent is.

   Some Real Estate Brokers may subscribe to a service that allows them to pull rental comparables to help to determine rent.

   Mark this task complete when you have determined your Rent.

   Analyzing DealsASAPLeaseLease-OptionNet Operating IncomePrepare to be a LandlordRentUltimate Nomad ChecklistWeek 55

5. Determine your Lease-Option minimum Option Fee
   If you're offering the Tenant-Buyer a Lease-Option, determine what is your minimum acceptable Option Fee.

   Mark this task complete when you have your minimum Option Fee for your Lease-Option or if you're not doing a Lease-Option at all.

   Analyzing DealsASAPLease-OptionPrepare to be a LandlordUltimate Nomad ChecklistWeek 55

6. Determine your Lease-Option strike prices
   If you're offering the Tenant-Buyer a Lease-Option, determine what price the Tenant-Buyer can purchase the property from you in year 1 and year 2.

   Mark this task complete when you have prices for year 1 and year 2 for your Lease-Option or if you're not doing a Lease-Option at all.

   Analyzing DealsASAPLease-OptionPrepare to be a LandlordUltimate Nomad ChecklistWeek 55

7. Class Watch "Marketing for Tenants" Recording of Live Class
   Watch the recording of the live presentation of "Marketing for Tenants" available on:

   https://RealEstateFinancialPlanner.com/marketing-for-tenants/

   ClassesLeaseLease-OptionPrepare to be a LandlordProperty ManagementTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 40Week 55

8. Review "Marketing for Tenants" Recording of Live Class
   If you haven't recently watched the live presentation of "Marketing for Tenants", you should review it again now:

   https://RealEstateFinancialPlanner.com/marketing-for-tenants/

   Advertise Property for RentLeaseLease-OptionProperty ManagementTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 40Week 55

9. Write Property Ad
   Write ad for Tenant and/or Tenant-Buyer using photos you took from when it was vacant.

   Include date available, monthly rent, number of bedrooms and bathrooms, property features, info on the kitchen appliances, whether there is a washer & dryer in the unit, just the hookups, or none of the above, parking details, etc. Be sure to highlight attractive aspects of the property such as easy access to major roadways or pool access.

   Review the ad to make sure you are not discriminating and are in compliance with the Fair Housing Act.

   Advertise Property for RentMarketingUltimate Nomad ChecklistWeek 55

10. Be prepared to answer your phone
    Once you start marketing, be prepared to answer your phone.

    As you market, prospective Tenants and Tenant-Buyers will expect to be able to reach you.

    If they can't reach you that sets the wrong tone for the start of the relationship. You come across as an unresponsive landlord.

    If you do miss a call, call them back as soon as possible. If prospective Tenants and Tenant-Buyers email or text you, reply quickly.

    Answer prospective Tenants and Tenant-Buyers questions. It is normal for them to ask questions that are already addressed in the ad. I believe most people don't actually read stuff (including your ad) and they're looking at a number of different properties.

    Advertise Property for RentMarketingUltimate Nomad ChecklistWeek 55

11. Review "Marketing for Tenants" Recording of Live Class
    If you haven't recently watched the live presentation of "Marketing for Tenants", you should review it again now:

    https://RealEstateFinancialPlanner.com/marketing-for-tenants/

    LeaseLease-OptionProperty ManagementTake Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 40Week 55