PJD LOGO

          SEPTEMBER  NEWSLETTER

Greetings!
Hello Everyone,It's hard to believe that the year is almost over. Take some time to enjoy family and friends and how to make the rest of the year a profitable one. Paul
 

 
In This Issue
MARKETING YOUR BUSINESS
TIME TO ADD JET FUEL TO YOUR REAL ESTATE BUSINESS
GOLD AND SILVER
QUOTES OF THE MONTH

MARKETING YOUR BUSINESS

 Hello All! I hope you and your families have had a great summer! Now it's time to buckle down and finish the year strong. Christmas buying season is almost here (yes, I've seen displays in some stores already: "Only 103 days left before Christmas!")
I know what you're thinking CHRISTMAS!? Are you nuts?! Maybe, but that still doesn't change the fact that Christmas is coming and your smart competition is already scheduling holiday advertising promotions.
                                                          
    One of the biggest complaints I hear is that after Thanksgiving some owners say their business just about stops. If this is you, ask yourself this question:  Does your business really stop or do people just have other priorities?  I would say they just aren't thinking about your product!!  Here's the next big question:  Is it your customers' or your responsibility to make sure they remember your business?  C'mon, you know this one... that's right: IT'S YOURS!!!
 
Now that we have that settled let's look at how we can move your business from dead to profitable this holiday season:
1.      We've talked about your list of customers before. Take a good look at them and see how often they use your service or product.
2.      Separate your customers by how often they buy a product or use a service from you. (How often should they be using your service?) Now that you have a clear picture of who uses your service and who doesn't let's tackle each one differently.
Let's start with the customers that you are working with on a regular basis. What do they buy from you? How much do they spend? Do they buy on line, via mail or in your store?  We know how to approach each customer to improve sales and the bottom line.
For customers who buy in your store only: What if you sent them an E-Mail and a direct mail piece inviting them to the store for a special gift which you have selected 'just for them' ( describe the gift in detail). Remind them that no purchase is necessary. Also include all the terrific specials you are having and invite them to spend a few minutes browsing your store.
You can repeat this for Internet buys and direct mail buys with just a little tweaking.
Now let's go after those lost customers. When was the last time they purchased from you? (This is a must- know in any business) How often do you contact or remind them they haven't been in to see you in a while.
You need to put together a complete "we want you back" marketing program. But don't worry it's not as hard as people make it out to be.  Next month I will go into some detail on getting those customers back. Paul
 


 REAL ESTATE
 

   In recent weeks, pundits and news articles have all suggested that the housing slump is over!! Sales of homes are moving up! Builders have a fewer homes under construction! This is good but I ask myself what homes are being bought? And what type of home is being built?
 
As many of you know, my Real Estate investment groups have been buying properties in the Atlanta area. And I can tell you investors are been buying REO as fast as they can. Some of the homes I have looked at had at least 15 offers, and some had more than that.  I also noticed that most of the homes sales were for big homes; 4 and 5 bedrooms or larger( Retail).
In my home town North Port, Florida, most of the sales are for REO, and unfinished homes are the big sales finds.
So who are these people buying the REO's? They are investors or investor groups. The smart money is picking up homes at around 20 to 40 cents on the dollar. Most of these homes are in need of repairs or complete rehab. But the investors are still getting a good deal and can make money on the resale. If they are a buy and hold investor, now they have a property than can cash flow and meet the community needs of affordable housing, and still make a profit.
In some markets, retail sales have not seen the big drops that other areas have had.  And the one key factor is these areas have JOBS. Jobs are the key to a great housing market in my opinion.
As an investor I follow a simple plan I call the 3 tier investment approach. I look at the market I want to invest in and if it meets the below criteria I will investigate further.
 
 
 
Tier 1
Major City and surrounding area up to 10 mile radius
Good Highway systems
Medical facilities and care available
Mass Transportation (With a lot of Loading area and stops)
Schools
Major Colleges (Private and Public)
Jobs (Industry and Professional, not just Service Jobs)
Recreation areas ( Entertainment)
Arts and Culture
Good Rental Market and Home ownership
Shopping (Retail and Grocery)
Strong Commercial Market
Tier 2
Must be within 20 miles of a major city
Must have easy access via highways and back roads
Schools
Medical facilities
Mass transportation with easy access to the major city
Jobs (service Related and Industry Related)
Community College or State System College
Good home ownership and a fair rental market
Shopping (Retail and Grocery)
Strong Commercial Market
Tier 3
More than 20 miles from the city
Mostly suburbs with high home ownership
A fair rental market
Good feeder system to the highway or to the mass transportation area.
Most jobs will be service related
Medical clinics
Shopping (Retail and Grocery)
Schools
Parks
A good commercial market
 
As an investor where do you want to put your money? I feel most confident in the Tier 1 markets and I have been concentrating in this area for a while now.
So take a look at where you are investing and see if you can use my Tier system to help you invest better in the future.

 


 
 

  

 

GOLD AND SILVER
 
I don't know about you, but everywhere I turn I've been seeing commercials for GOLD and SILVER. It comes in all shapes and sizes. You can hold it if you buy bars or someone else can hold it on your behalf. You can buy shares of it from Wall Street. I started wondering: should I have a little bit of it and how should I own it? So I started looking around and figured buying bars was not going to work, and trusting our friends on Wall Street was not high on my list either. So I started to look at collectable coins. What I found out is that it's a 100 Billion a year industry! Yep: 100 billion plus to be exact. So how do I play in this sandbox? I started watching QVC and the Home Shopping Network and the guys selling coins there were selling them like ice cream in July in Miami. A little more research on the subject and I figured coin sales was my sandbox. But how to get there? Who to buy from? How will I get them? Is the mail safe? And the last important fact was WHAT TO BUY!!!! I happened to tell a friend my story and she told me she buys all her coins thru the NUMIS NETWORK. You can just buy retail or become a member, it's your choice. Here is the web site


 

Quotes of the month

It's everybody's business to navigate a tough economy
 

Microsoft TV Commercial
 
Your power is always in the present moment
 

Louis L Hay
 

To be prepared for war is one of the most effectual means of preserving peace
 

George Washington
 

The time is near at hand which must determine whether Americans are to be free men or slaves.
 

George Washington


If I can help you in any way please call me at:
941-716-2597
 
Sincerely,
 

Paul J. DaCosta
Paul J Da Costa and Associates INC