Real Estate Business Plan 101

December 9th, 2008 . by Rob Swanson

I often tell newer real estate investors as well as seasoned investors that there is a relatively simple business plan one can follow to set their real estate investing career on track for success.

It starts with this. As a real estate investor, you must have cash coming into your life from somewhere. Period. That can be through other real estate deals, it can be from a business you own, your job or any number of places. Just have the ability to generate cash when needed.

Here’s the Real Estate Business Plan 101 in it’s simplest form:

Part 1. Wholesale real estate to create cash. Structure deals, create and control great real estate deals for an immediate cash resale to other investors using wholesale buying techniques, options and various forms of cash, cash flow and equity control.

Part 2. Retail real estate to raise additional capital. Retailing real estate, i.e. buying, fixing and flipping increases your credibility in the marketplace and gives you the ability to earn the respect of private investors seeking an opportunity to back your investment business.

Part 3. Hold real estate for the long term benefits and wealth building potential.

Part 1 is about being a Deal Maker and Parts 2 & 3 are about being a Deal Buyer. You can learn more, click here.