My Plan - Please offer your thoughts and help keep me accountable

[Jerry S.]

Alright, I've been lurking for a while, read a bunch of books, listen to dozens of BP podcasts, and killed hundreds of hours "researching" my market online.  At this point, I really don't think there's anything more I can learn without DOING.  So here's my plan with deadlines.  Please let me know if you think I'm missing something.  And feel free to ridicule me if I don't follow through with this.

1.  Reach out and schedule a conversation with an asset protection attorney (by 11/4).  

2.  Talk with my bank about a loan pre-approval (by 11/11).

3.  Contact three small local banks/credit unions to see if they offer better rates/services (by 11/18).  

4.  Apply for mortgage pre-approval and/or home equity loan (by 12/2).  

5.  Write out tenant screening policies (by 12/9).

6.  Draft lease (by 12/16).

7.  Write out move in and move out plans/policies (by 12/23).

8.  Prepare to make an offer (set aside funds) and open accounts for new business (by 12/30).

9.  Talk with my insurance adjuster AND reach out to three real estate agents who invest in my market (by 1/6). 

10.  Hire an agent and view a potential property (by 1/13).  

11.  Make an offer (asap).

[Tim Ryan]

Where's your local Mentor?
Please don't tell me the line I hear often "everything you need is hear on BP"

Get a Mentor!