Welcome back to BizLaunchBlog.com! Thanks for following me on my quest to launch and develop an online business as a gift for my wife. Share your advice, comment on a post and tell your friends... Peace, JMichael
I took my wife out to lunch & asked some good questions...
I have continued to put a lot of thought into this because this is when I need to do the thinking! I don’t want to get too far along and then have to start over again. I took my wife out to a nice lunch today to one of her favorite places in town. Over my blackened chicken Caesar salad I asked her what her dreams were as far as what she would like to do with her life. More specifically I answer that question: what do you think is your calling? Her answers focused primarily on being a great wife and a great mother, which I expected.
When I pushed for further about possible careers, something she would enjoy doing, she talked a lot about real estate. As we continued to talk that afternoon she also spoke a lot about travel. In fact, she began sharing her latest idea about traveling to Jackson Hole for Christmas this year with some of her family. It seems like these two topics, real estate and travel, are of most interest to her. And not just as a hobby or pastime, something that I believe she would be passionate about for the long haul.
As such, I believe my focus is going to be in these two areas because I think this is where we’ll really find the staying power which, as I know from personal experience, is vital to long-term success.
So I did a quick search on Google for work at home real estate opportunities. As I perused these I quickly realized that most of them were geared at convincing you to buy some sort of course or system to learn how to invest in real estate and turn a profit. Who knows, maybe one day in the future as this business develops we may have the funds to invest in some more real estate. For now however I’m focusing on the development of this online business.
The other types of opportunities in real estate that I came across all focused on becoming a real estate agent, opening your own brokerage or buying a real estate franchise. Franchise fees started at $20,000 and went up to $1.5 million. Needless to say, these are all a wee bit beyond our budget right now, but again who knows what the future may hold.
But my search paid off as I came across something that seems to have some potential in the real estate realm. There are some opportunities to train online to become a property locator. I am just now looking into this and will spend some more time researching. If anyone knows anything about this field or could offer some advice please let me know. I took some time to Google property locator jobs to see what was out there, what might be available, and came across a handful of jobs offered by real estate investment companies. I searched craigslist and came across someone who is looking for property locators in our area! I shot out an e-mail and am waiting for their response. Who knows, maybe this would work?
Next I am going to dig a little more deeply into the world of travel… stay tuned!
on Sep 25th, 2008 at 10:17 am
Hi there, you somehow found and followed me on twitter. I just wanted to offer up a business idea that maybe isn’t traditionally “online” but works for work-at-home: Travel agent. My MIL is a travel agent from her home and we have a client who is a travel agent as well. The good money is in booking group travel - usually the profit is 10% commission. My MIL spends a lot of time researching for the best prices via tour companies accessible only to travel agents, even flights. This little trick saves money and saves her from having to deal directly with airlines. Not sure what it would cost to get training and licensed, but if you think you could specialize in certain destinations (to focus your marketing) or types of groups, might be a viable option. Also comes with the perk of being able to expense some of your OWN travel b/c you are researching for the business.
…Karen - twitter @karenzi - http://www.beyondus.com
on Sep 26th, 2008 at 4:08 am
Karen,
That is a very good suggestion but may be a bit difficult to pull off. How would i build the business and then give it to my wife? I think she would have to be the one who gets trained and certified, right? I like the idea though. I am just trying to determine how it could work for my situation.
Peace,
JMichael
on Oct 1st, 2008 at 8:20 pm
I followed your link form the real estate on WAHM website. How did your research go?? I have a passion for Real Estate as well. but I have a family at home which is priority right now. Property Locator now that sounds interesting…
Thank you for the info it is something I would like to look into.
Your wife is blessed to have a husband to do this for her, I think she will just love it.
Be blessed
Miryam
on Oct 1st, 2008 at 10:10 pm
Miryam,
I am still in the process of researching the property locator option. I will update my blog on my findings.
I fully understand the ‘family at home’ priority… did you read the who? and why? tabs at the top of the blog? You will see what I mean by saying i fully understand your position on family first!
Thanks for the kind words!
Peace,
JMichael
on Nov 10th, 2008 at 12:09 pm
Which site are you using that is giving you info about Property Locators? I know there are some where they are basically just selling an ebook/training program, or charge a fee to get involved… I would avoid those. I have done a bit of work as a property locator but haven’t yet made a commission (and it’s all commission lol). It’s legit, but you do have to be good and fairly knowledgeable about real estate; it is not as quick and simple as some of the people make it sound who are marketing for prop locators make it sound (i.e. “by sending just 4 leads per month you could make $12k!”). Most investors are much more picky about the properties they buy than they will let on at first. I would try to find someone who offers some type of training and is available for her questions. If she gets good at it I think it can be a really great opportunity; however if it’s kind of searching for a needle in a haystack so if she doesn’t get trained and doesn’t know what to look for it can waste a LOT of time (since it’s usually commission only and it can be a while before you know if your leads are going to pay off). Make sure she knows exactly what the investor is looking for so she doesn’t waste her own time finding things that might seem good but don’t meet their specific qualifications. I did not mean this to be discouraging — just some real estate investors talk a big game and when they talk about how much you can make working for them sometimes it’s not realistic. Overall this can be a great opportunity and can be a stepping stone to see if she’s interested in a real estate investing or real estate wholesaling career in the future. Best of luck!!!
on Jun 20th, 2010 at 12:58 am
I would like to propose not to hold off until you get big sum of money to buy different goods! You should just get the personal loans or car loan and feel fine
on Jul 2nd, 2010 at 1:20 am
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