Business Plan

[Franklin Buckner]

Hello, I am currently learning more and more about real estate and want to start a business plan because i believe it will be essential for my continual progress. does anyone have any tips or ideas for a real estate investment business plan. any advice is greatly appreciated

[Patricio P.]

Originally posted by @Franklin Buckner:

Hello, I am currently learning more and more about real estate and want to start a business plan because i believe it will be essential for my continual progress. does anyone have any tips or ideas for a real estate investment business plan. any advice is greatly appreciated

 I would recommend that you start off by reading the Ultimate Beginners Guide that was put together by BP. Here is the link: https://www.biggerpockets.com/ultimatebeginnersgui...

Chapter 4 as an investment business plan section which will be very helpful. Here are some of the items that you would want to consider for your business plan:

Mission Statement

Goals

Strategy

Time Frame

Market

Criteria

Flexibility

Financing Deals

How Deals Are Done

Teams & Systems

Exit Strategy/Backup Plan

Example Deals

Financials