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What if it flops, Well that is a possibility that always has to be
faced, but not a possibility that has to happen. The non-profit should
take on only a task that they can handle. Thats why finding the right
home to raffle off is key. Example if you are a new non-profit and you
have a small budget to work with, dont go for the 1.5 million dollar
home to raffle. Find a home that maybe cost 150,000. With this, you can
sell only a few thousand tickets and still get a good size profit. It
doesnt always have to be the HGTV Newly built Dream Home. simply put,
take on a task you can handle.
Bare in mind there are millions of families in America that would
jump at the possibility of owning a home if they new they had a 1 in
5000 chance of winning it; especially if they realized it was only
going to cost them $100 to $150. Most people just don't know this possibility exist to do this. If you focus on
raffles with the common 3 bedroom 2 bath house, and the common renters
in apartment complexes across America, I am sure you will find that
selling 5000 to 10,000 raffles isnt that much of a difficult task. When we mentioned the idea to a few people who were renting, people who were looking to buy a home but for some reason couldn't -- one of the first
questions out of their mouth was, how many tickets can we buy.
This just makes sense .... try the test for yourselves. Call a few friends that you know are renting and see what they say.
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