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Create Your Own Plan

If your wondering where to get started, you are in the right place.

I’m going to share with you exactly how to get started by creating your own real estate investing plan.

In this guide, we will cover establishing your goals, discovering your financial status, creating a strategy that works for you, finding a market that fits your needs, and what kind of properties you’ll be buying.

This simple and easy real estate investing plan will layout your path to financial freedom by using a buy and hold strategy.

Before we dive in, here is a more in depth preview of what’s going to be covered:

  1. Identifying your initial reasons
  2. Discovering your real purpose 
  3. Painting a vision of your future
  4. Establishing milestones to break it all down
  5. Using steps to move forward
  6. Staying focused on one task at a time
  7. What is your cash position?
  8. What is your credit position?
  9. Determining your budget
  10. What type of strategy are you working on?
  11. Getting descriptive with your strategy
  12. Where is your ideal market?
  13. Neighborhood?
  14. Sales trends and expectations
  15. Rental trends and expectations
  16. Price range?
  17. Favored property types
  18. Comfortable conditions
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Team Players

eBook – RentPlan Team
Creating a Winning Team

Discovery
– How to find the best team members to help with your real estate investing needs
– Finding team members who are also interested in real estate
– Ask for recommendations and give them a try
– You won’t know how they work or how well they do something unless you use them yourself
–

Notes/Cards
– Thank you’s
– Pre-holiday cards: Send a holiday card before the holiday card season starts. Trying sending them right after thanksgiving to stand out. Christmas and New Years is too late and people get too busy
– Birthdays
– Random
– How to write a note, what to include, not include

Referrals
– Giving
– Receiving
– Finder bonuses: give money bonuses to a team member who gave you a referral and it closed a good deal
– Follow-up: you want to know that anyone you gave a referral for did a good job and make you look good
– Add them to your website as resources and referrals. Advertise a discount if they mention you? Get okay from team member
– Ask ifs okay to advertise a coupon or discount if you refer someone.
– Give a personal recommendation on LinkedIn, Yelp, Angie’s List, Google, etc
–

Connections
– Connect team members through referrals, events, mentions, ads, introductions, etc
– How can I connect team members to help everyone get more business?
– How to find the best in the business and connect with them?

Events
– Parties
– Making connections

Team Masterminds
– Help solve team member problems and vice versa
–

Email List
– Keep it to the team
– Share only important news/information
– Upcoming events
– Text only, no need for html
– Highlight team members who excel and should be referred??

Tracking
– Keeping track of history/referrals, etc.
– Ratings