I am a new investor and I'm starting to put together my business plan. Can anyone help me on how to start this? It would help if any one could email me a sample or outline to help me with any ideas. Thank you in advance Kathy.
I would like to help, but I never had a business plan for REI. I just started buying houses. And ended up here today.
If I did have a business plan, it would have changed several times. Not sure I would have followed it.
Go to my website and sign up for my newsletter (absolutely free, in fact I rarely send newsletters anymore)...you'll get access to a plan I wrote when I was starting out...
Just do a Google search for "real estate business plan template".
@Kathy Fuentes website, he has everything you need to help with your real estate investment business. It's chock full of fantastic information. I've learned a lot from him!
I wrote a business plan when I got going, but mainly to organize my thoughts, I have yet to be asked by a lender for a copy of my plan, so format isn't a big deal. Just write down what you want to do, where you want to go & how you want to get there.
The most important thing when starting out is to get educated. Learn how to analyze a deal, figure out market rents, get tax data, how to market a property & get a solid foundation in which ever aspect of REI you plan on going with.
Thank you all for your input it has help me.
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