Business Plan

I planned on making this post a few weeks ago, but never got around to it.

I am documenting my first 12 week marketing plan on this blog.

First a little about me.  I have a 9-5 job that I enjoy.  However the last five years have been a very bumpy ride.  I am looking for a way to increase my income to then invest in long term passive income.  I will take no money out of this business.  This is strictly to build long term wealth.

I have a very good friend who I have worked with in the past who is a GC.  Last September we started looking for REOs on the MLS to rehab.  One of his businesses is rehabbing properties for an investment company out of Phoenix. We consistently found houses that were selling for more than similar comps (great shape) and needed a lot of work.  I will not overpay in this crazy market.

I have been reading BP for a while now.  After listening to Glens podcast I started my marketing campaign.

My partner and I have enough cash to rehab one property at a time (buy property and pay for repairs in cash).  My goal in this campaign is to find one rehab deal.  Obviously if there are more deals I will wholesale the additional property.  

My job is to find the property.  My partner will then rehab property.  We have RE Agent ready to sell.  All we need is deal.

Whether or not  I get a deal during this initial campaign I will mail this list for 3 additional months.