Building a Business Plan

[Brian Weiss]

I am 41 years old, married with two young boys. At one time I was licensed and sold real estate in Houston, Texas. I have always been drawn to real estate as a way of generating income. As my earning ability has continued to increase, I have become more and more interested in establishing a real estate investing business. Today I provide sales/leadership training to the building industry. I continue to admire the importance and stability of this industry for our country. The time is right to create my business plan, put together a team and begin the journey. Looking to establish some clarity around by vision for the business with reasonable expectations. From there....the first investment. My wife and I have bought and sold multiple houses and currently own a condo outside of our family home. I welcome any advice....

[Josh Caldwell]

Welcome to BP, now 

SCREW that business plan, it is an irrelevant waste of time.  

Go take action. We get paid to negotiate deals, everything else is time wasting busy work, and a business plan is a lot of time.

make this simple.  Start with the life that you want.  I want X in the bank and Y cash flow per month.  Then figure out what deals you need to make that happen.  Don't wait to get the answer before you start doing deals.  We get paid to do deals, start by doing a deal (flip, wholesale, lease purchase, whatever) but start by making money.  This is the real world, academic exercises are a way to look busy, but not a way to make money.   If you effort doesnt make you money then your effort is wrong. 

I hope that helps

Josh