Use this Business Plan to
Keep You Focussed on
Your End Goal
The Big Picture
The end state you want is to be able to retire wealthy with your wealth guaranteed to continue to grow.
This business plan will help you progressively increase your net worth to the point where you can retire.
The best part is that this process can take as little as seven years.
This plan presents an attitude of optimism. Your future is assured as you progress through the various stages of building your property investment business.
Business Plan for Property Investors
Your starting position right now may vary slightly in detail, but the execution of the plan does not change greatly. :You may be a home owner right now or currently renting where you are living. It doesn't matter.
What matters most to your success is your attitude right now!
Stop looking at yourself as a person who works |
Home Owners With Equity
For home owners with equity the steps are as follows:- Set a goal
- Do initial financial research
- Do property search
- Select target property
- Finalise financing
- Finalise Purchase
- Find a tenant
- Start collecting the rent
- Manage the property
- Move on to next property
All of these steps are expanded on in the sections below. For now the important thing is to start changing your focus from a worker to an investor, in particular a property investor.
If you Don't Have Equity
If you don't have equity the steps are very similar to those listed above. The difference is in a small variation in how you finance the property.You can read more about it on this page:
Financing your very first property starting from nothing
And remember you only have to do this for the first property or so. After that you will have some equity on your side.
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