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Goals, Business Plans & Entities

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Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
360
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220
Posts

Business Plan- Starting out

Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
Posted Jul 2 2015, 15:01

Hey experienced BP members, 

I am trying to do all my due diligence before starting to invest. I listen to the BP podcasts and all of the guest say that I should teach this like a business. So I am starting to put together a business plan. 

What would you all put inside of a business plan if you were starting out? Is there any set investor business plan templates out there? I know my goal is to buy and hold to set up long-term income. Then start fix and flip to build capital. So should I look to put together a "team" of people that I work with and trust like (agents, Plumber, electritions, ect). 

I'm trying to do my best to have all my stuff in order when I approach people to do business. 

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