Finding Sponsors

I would guess it all depends on the number of people you talk to. If you can get TV or radio time from your story like Dean did then it is probably very easy to get sponsors.

If not you probably just need to talk to or send out emails to a bunch of local businesses. That doesn't sound to hard for the rewards of doing it.

I think this is a great ideal...it win-win for the family and you you the owner. You get a year of guarenteed rent!!! can't get much better than that!

I would definantly be apart of this program if I had a place to rent.

Darren - DE

I know nothing about sponsors and how they might function. I am interested in finding out how they would help me become successful.

I believe lease options are my best way to start becoming successful. How to take the first step is my dilema. I am open for suggestions

Alan-what have you tried to do so far with lease options? Your very first step is to start looking at properties to get an idea what houses in your area are worth and how much they rent for. You should invest the money in the Automated Forclosure Finder. It will be worth its weight in gold for you.

It is all based on the law of averages. Just like when looking for a great real estate deal you may have to look at 50 homes to find one that will make money. You may have to talk to 50 business owners before you find one that is interested in being a sponsor. Not a hard process-actually it should be very systematic and predictible.

I found sponsors rather quickly. The key to explain to them is that you will post their contact info on your website and they can use this for any type of marketing they wish to do. When I spoke with the business owners they were very excited because it was great PR for their business. It is tax deductible and it is great for them to use in newsletters, emails or anything else they do to communicate with their clients. It isn't nearly as hard as you would think to do. Once you get out there and try it you will realize that too . Hope this helps.

Are you fimiliar with (Weasel Clause's) ? From what I have been told, a weasel clause is a contingency that allows you to reneg on the deal if there is something about the deal you dont feel comfortable with.

For instance, you might put in a clause:Contingent upon my partners/Lawyers/ Wife's/ inspection.
Giving you room to back out.
It has been suggested, esspecially for the novice investor to go out and meet with sellers and inspect these properties whether you are ready to buy or not.
For as long as you have this clause in your contract, you will always know there is no pressure on you to make a decision you may not be ready to make.
The whole idea is to get you out there and get you to that next step. In your mind you might know you are pretending, its almost like playing with Monopoly
money.
But after you've done this a couple of times it takes the fear out of taking that next step, and when the time is right, and you see something you want, you will be ready to step it up to the next level. Giving you a reason to find an investor that ("Now") might seem like finding a needle in a hay stack.

Why are you looking for sponsors? Are you asking for money from business owners for....?????