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Updated almost 7 years ago on .

User Stats

81
Posts
31
Votes
Neil Sinha
  • San Antonio, TX
31
Votes |
81
Posts

Planning for success: BRRRR startup checklist

Neil Sinha
  • San Antonio, TX
Posted

Hello everyone.  I'm doing my best not to be stuck in paralysis-by-analysis, and have been reaching out to prospects I've skip-traced to find my first deal.  No luck yet, but I'll keep trying.  However, I subscribe to a lot of the logic in the E-Myth and Rich Dad books about planning / thinking for the long term instead of just the next individual opportunity.  Striking that balance between strategic and action-oriented behavior is a challenge.

To the more strategic end, are there any comprehensive checklists for getting a complete REI operation rolling, particularly using the BRRRR strategy? Something that talks about how to get different marketing channels set up for both sellers and tenants, what team members to add and how to screen them, what bookkeeping and forms to have in place, etc? I'm a project manager by day, so if I could try and wrap my head around the total scope of achieving a fully-functioning REI business, I can plan a statement of work, budget and schedule to get to that state. But it seems like each topic is tackled individually on BP. A snippet about direct mail here, something about lenders over there. If there was an end-to-end view of what a functioning BRRRR enterprise looks like, I could plan to build one for myself. Thanks for any feedback.