My Plan - Please offer your thoughts and help keep me accountable
Alright, I've been lurking for a while, read a bunch of books, listen to dozens of BP podcasts, and killed hundreds of hours "researching" my market online. At this point, I really don't think there's anything more I can learn without DOING. So here's my plan with deadlines. Please let me know if you think I'm missing something. And feel free to ridicule me if I don't follow through with this.
1. Reach out and schedule a conversation with an asset protection attorney (by 11/4).
2. Talk with my bank about a loan pre-approval (by 11/11).
3. Contact three small local banks/credit unions to see if they offer better rates/services (by 11/18).
4. Apply for mortgage pre-approval and/or home equity loan (by 12/2).
5. Write out tenant screening policies (by 12/9).
6. Draft lease (by 12/16).
7. Write out move in and move out plans/policies (by 12/23).
8. Prepare to make an offer (set aside funds) and open accounts for new business (by 12/30).
9. Talk with my insurance adjuster AND reach out to three real estate agents who invest in my market (by 1/6).
10. Hire an agent and view a potential property (by 1/13).
11. Make an offer (asap).
