REI financial business plan

[D Higgs]

Hi BP. I'm currently working on my REI business plan and was hoping some experienced investors could provide some insight. I'm completing a 3-5 year financial projection and wanted to know what factors could (or should) equate to Bigger Pockets. (See what I did there?!). Of course, this is an ideal situation because ANYTHING can happen, however I want to start forecasting.

Here's what I have so far. What else am I missing?

willing to take more chances on larger, more extensive flips for bigger profits

Able to save $$$ due to more experience, tenure with lenders & vendors (better rates, etc)

More referrals with social media, realtors, attorneys, contractors, etc

Get into rental properties that will increase cash flow. Start building equity.

Hire project managers and general contractors to manage projects. Freeing me up to spend more time focusing on finding properties, lead generation

Transition to REI full time

[Andrew Carlson]

@Dennis A Higgs Jr

Section 1, part A.) Have plan for viral pandemic to wipe out income from your entire portfolio for an indefinite amount of time.