Answers - Real Estate

For about six months, I was a door-to-door salesman for a vacuum cleaner company who shall remain nameless.

Every morning I would attend a one-hour

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

motivational meeting in which the first thing the speaker would ask is, “How’s everybody doin’ today?”

We were required to shout-out at the top o

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

our lungs, “Super-Fantastic ” That would get us pumped-up and ready for the day.

You are doing SUPER-FANTASTIC

Your success is based on your ab

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

lity to finish what you start and you’re almost halfway through these amazing ten steps that will truly help you to live a simpler more productive

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

nd Super Successful, Financial Free life.

“The 10 steps to buying profitable single family houses. ”

Step 4: Focus on properties within a 30 mile

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

adius of your home

Once you’ve weeded out the suspect sellers, work with only those that are within easy driving distance.

I’ll be teaching you wa

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ys of buying without ever looking at a property, but most of you’ll want to see it first, right? It’s only natural.

I’ve never bought a property

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

et that I haven’t personally walked through, but it’s not required. We’ll get to that in a later issue.

For now, you want to be able to view the

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

roperty without a lot of driving, especially when gas is over $2 a gallon.

One of my first houses was 63 miles, one-way, from my house. That’s 1

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

6 miles round trip I spend a lot of gas money driving to and from this house just to work with the contractors. All this while working a full

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ime job. It wasn’t a smart use of my time.

Remember work smarter, not harder.

Also, by staying withing a 30-mile radius, you have a chance to c

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

reate your dream team of professionals who will be helping you along the way.

Your dream team will consist of:

– Accountant
– Attorney
–

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

Title Company
– Insurance Agent
– Utility Company
– Mortgage Broker
– Real Estate Agents
– Appraiser
– Home Inspector

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

> – Contractor

It’s so much easier when you can create professional relationships and work multiple deals with the same members of your dream tea

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

and not spend so much time looking for others outside your territory.

Advertising is also less expensive when you can stay with one phone book, o

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

e newspaper and a smaller mailing area.

I do a lot of my own marketing just by driving around looking for houses. Stick around and you’ll learn wh

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

at to look for.

A lot of investors, myself included, have made the mistake of thinking that the grass is greener on the other side of the fence.

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ou’d be amazed at how many profitable deals are right there in your own back yard.

If you don’t think there’s enough houses in your area to make a

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

y money on, then move and let the other guy reap all the profits. Don’t get yourself caught up in focusing on bigger and better cities.

My first

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

hree deals were in a town of 3,500 people. They were very successful deals netting me at least $8,000 each Believe me, If I can do it, so can you

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Answers - Step Four of Buying Profitable Single Family Houses

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