Business Plan Development

[Andrew Mazzenga]

Hello,

I been interested in flipping properties for years, being raised in a family residential developers and mortgage brokers and bankers, i have seen the best of both worlds in real estate. and i have grown to be fascinated with the entire real estate industry which is why i am building a business plan to realize and develop my dereams of starting a real estate investment business. my even seeing the worst of the real estate market i am still fascinated and see unlimited potential to make money in this industry.

I began my plan in january of this year, and i am giving myself until year end to finish it. the motivation for the plan is to develope my ideas the correct way and also to attract capital investors in the future. i do not have very much capital at all to start, and i know that i will have a hard time finding an investor willing to put up cash to somone that is new to the game and does not have much skin un the game so i decided that i will begin by wholsaling contracts which has little barriers to entry and will allow me to put some money away so i can invest what i have built along with a capital investor to purchase properties to flip outright in cash. after i have done a handfull of thease flips i would like to phase in a few a propererty here and there to purchase, upgrade and rent in order to see the property cashflow.

I began my plan strong, gathering residential demographics, studying the real estate trends, looking at RE law, trying to come up with reasonable forcasts and projections....and the list goes on..... while working on my plan last night i became frusterated because of information overload, I have decided that i need help doing this. i have information everywhere and my brain is all locked up at this point.

Im curious if anyone else has come across this problem and if so, did you use a consultant of some sort to put you on track and to give your plan more structure? there is just so much info to find, process and anaylize... it seems to daunting to somone that thought they knew the industry but is quickle realizing that i have barly hit the tip of the iceburg...

Thank you in advance for your input and advice!