If you want to invest in real estate but don’t know where to start the following action steps you are about to read will help guide you through the process.
I’m a student of the real estate arena here to share my experiences and help you get closer to your goals. I strongly believe real estate investing is a business and should be run like a business.
Here are your 7 steps to create your real estate business strategy:
Step 1: Imagine
Where do I want to live, how many properties do I want to own…
Step 2: Financial Goals
How much do I want to make.
Step 3: Cash Flow Target
How many properties will I need to create my desired cash flow?
Step 4: Current Wealth
How many assets do I own.
Step 5: Vision, Mission, and Values
Where do I want to be, the problem I can solve, how can i help others.
Step 6: Investment Niche
What type of real estate makes sense for me.
Step 7: Criteria
What is my minimum appreciation, what is my cash flow or cash on cash, where are my investments located.
I personally use this strategy for my real estate businesses because it certainly helped me have a clear idea of where I was and of where I want to be.
I’d like to invite you to take action on connecting with me on my Facebook page by clicking on this link -> http://www.facebook.com/PHC.BR.International . A place where we can exchange ideas and tips on investing, IT , sports, finances, business , videos and personal development. I’m looking forward to hear your feedback on this strategy.
Thank you for reading this article and stay tune for more.
Live with passion!