Fact: One of the biggest differences between those who fail miserably and those who ultimately succeed in real estate investing Is having a proven, well-thought business plan, and a proven strategy for executing it.
What: Steve Cook's Real Estate Investor's Business Plan Template (Editable E-Book) Baltimore
investor and FlippingHomes.com founder Steve Cook originally
created this valuable real estate investment business plan template for
his own business. And now you can use it to slash the hours and save
the hundreds of dollars it would ordinarly cost you to create it
yourself from scratch. You get Steve's original business plan in an MS
Word file (so you can edit and customize it to your heart's content)
Cost: Only $39 Yep, that's it. Just $39 bucks.
What's in it for you:
A plug-and-play template that will save you a ton of time and money
This is a digital product. You can download it instantly, so there's no waiting for the product to be shipped.
For a better understanding of what's in it for you, scroll down and read...
Ten Solid, Real-World Reasons You Absolutely Need A Business Plan"
"What Are The Benefits of Steve's Real Estate Investor's Business Plan Template?"
"Why the Real Estate Investor's Business Plan Template Will Work for You"
The Big Idea: Having a business plan in place is essential to achieving your dreams through investing in real estate.
You need to run your real estate business like a professional, with a
plan against which you can hold yourself clearly accountable.
In other words, your business plan is your roadmap to success.
At the very least, do yourself a favor and develop a
well-thought-out and written guide for your business success. Even if
you have to write one yourself from scratch, its well worth it to help
ensure you have the direction, focus and accountability you need to
ensure your ultimate success as a real estate investor.
But consider the small $39 investment in Steve Cook’s Real Estate Investor’s Business Plan Template as a street-smart way to save yourself a ton of time, effort and the money it would otherwise take to do it on your own from square one.
"Steve
Cook’s Real Estate Business Plan is invaluable to keep investors on
track and on task. I bought it and wrote my business plan out just as
Steve suggested. Not only has it helped keep me focused, but it’s been
helpful to present to banks. I strongly recommend the Plan - it fits
precisely into what we do as real estate investors."
- Bill Guerra, Las Vegas, NV
act now to claim your own copy Right Away...
Your Order is 100% Safe, Secure, Risk Free and Fully Guaranteed!
Not sure? No problem. Here's some more information to help you make an educated decision...
Exactly what is a business plan, and do I really need one?
Are you skeptical about the need for a business
plan? Have you ever thought, “I'm doing fine with my business and
don’t need one,” or “I like to ride by the seat of my pants.” Or maybe
you’ve never really even given it much thought.
Ok, fair enough. But consider this:
FACT #1:
Thinking through and writing a solid business plan is of key, vital
importance in developing any successful business venture. And building
a successful real estate investing business is no exception.
FACT #2: Most people trying to be successful real estate investors DO NOT have a clear plan, much less a written business plan to guide them.
FACT #3: Most people who attempt to succeed in real estate investing without a specific, solid plan to guide them will ultimately fail.
Ten Solid, Real-World Reasons You Absolutely Need A Business Plan
Let's take a brief look at a few specific reasons you need a business plan for your real estate investing business.
A written business plan can help you choose the path that fits you best
If
you’re new to real estate investing, then you’re about to discover that
it’s not all as simple and straight forward as the infomercials make it
seem.
In fact you’re beginning to realize that “real estate
investing” is a much broader term than most people realize. Flipping,
lease options, landlording, contracts for deed, self-directed IRAs,
corporations, commercial investing …
…Uh …wow. The more you get
into this thing, the more you realize that it isn’t nearly as
cut-and-dry as it seems at first. The world of real estate investing
is, in fact, deep and wide. And like the rabbit hole in Alice’s
Wonderland, the more you get into it, the deeper and wider it seems to
get.
This fact alone can be pretty overwhelming and often even
paralyzing. But taking the time to think through a write out a
business plan forces you to analyze your strengths, your weaknesses,
your life structure and your financial means – and then compare these
things to the array of opportunities that present themselves to you as
a budding real estate entrepreneur.
FACT: Walking in every direction at once is inefficient at best.
And trying to do every kind of deal that comes your way (often referred
to as the “tool belt” approach to investing) is inefficient at best,
and leads most people down the windy road of being a jack of all
trades, but master of none.
Make no mistake, there is a better
way. And writing a business plan will force you to make a reasonable
decision of which path you will take first, and which you will avoid or
put off until later.
A written business plan gives you focus and clarity
As
a real estate investor, you need to be able to clearly identify
specifically what it’s going to take for you to walk down the path
you’ve chosen.
Said another way, you need to clearly identify
not only which building you’re going to rest your ladder against, but
how many rungs are on the ladder, what each of them looks like, and in
what order you should take them.
Putting together a business
plan allows you to stroll through many aspects of your business and
develop clear answers to the important questions that most people
rarely even take the time to ask. But having clear, written answers to
these key questions can make the difference between rapid success and
struggling with failure.
A written business plan will help you set realistic goals ...
Setting
and writing down your short and long term goals are extremely
important. Setting your goals gives you a yardstick by which you can
measure your progress and writing down your goals forces you to commit
to them.
Creating a business plan assists you in doing both.
You must think about where you want to be, what resources you need to
get there, what you need to do to get there, and how long your journey
will take. Having a clear vision of all of these is critical to success
in real estate investing or any business.
...and keeps you accountable to achieve them
If
you don’t have a written plan, then you don’t know when you’re off
track. Having a written plan lets you take any particular deal or
“opportunity” and compare it to something solid. Then you have to make
a decision about whether you are going to 1) deviate from your plan, 2)
change your plan, or 3) pass on the deal/opportunity.
But
without a written plan, you put yourself into a situation of being
reactive to whatever comes your way. You may know what the target
looks like, but you’re basically shooting with your eyes closed.
Instead
of letting yourself react to the hype and emotion surrounding any given
opportunity, a written business plan helps keep you accountable to the
sound business principals and strategies you’ve already thought out.
It helps keep your emotions in check, and pushed you to be PROactive
about taking the necessary steps towards success.
A written business plan helps you know your next move and think several steps ahead
Many
investors aren't sure what they should be doing from day to day, week
to week and month to month. The result is a lot of wasted time and
energy. A sound business plan, like a compass, gives you and your
business direction. It serves as a guide to ensure that you stay on
course, and lets you know when you finally arrive at your destination.
A written business plan will help you "Blueprint" your business
Throughout
your real estate investing career, you will do some things very well
and experience success while other endeavors won't be so smooth or
successful. A business plan helps you chart your course and allows you
to understand where you soared and where you stumbled.
You'll
be able to measure your results against your goals and create a pattern
for repeating your successes or improving upon your failures.
A written business plan will help you stabilize your existing business
We've
all heard the fact that most small businesses go out of business within
the first three years of existence. The reasons for these failures
vary, but most are due to lack of proper planning and the resulting
misallocation of resources.
By drafting and following a proper
business plan, you'll know exactly what it takes to succeed in the game
while the "fly-by-night" investors struggle to survive.
A written business plan helps you track your progress and make adjustments when necessary
Life
is not perfect and neither is any business plan. However, if you don't
know where you're going, how are you going to know if you're off track?
Having a clear path to follow in the form of a business plan
allows you to measure your progress, account for the unexpected, and
fine tune your battle plan to keep yourself moving toward your goals.
Without knowing where to make adjustments, you'll just be twisting in
the wind every time life throws you a curve and spending more time than
necessary getting back on track.
A written business plan helps you apply and acquire current deal funding
Whether
you need funding from private lenders or your local banking
institutions, a business plan places you head and shoulders above your
competition. It conveys professionalism, and most banks and private
lenders are reluctant to lend large sums of money without reviewing a
business plan with clearly defined objectives.
A written business plan helps you apply for future deal funding
Even
if you are currently using your own funds, you may have a need for
additional funding down the road. Gap funding, funding for expansion,
and funding for larger real estate deals all require money from outside
sources. Draft your business plan now and be ready to take advantage of
the next "deal of the century" when it arrives at your doorstep.
A written business plan gives you peace of mind
Last
but not least, this business is your lifeline to a future of financial
security for you and your family. You are spending time away from your
loved ones creating a better financial future for them. So make your
time and effort count!
Create a business plan and use it. Rest
easy and confident in the fact that you know exactly where you're
going, where you've been and how you can repeat the successes as they
start to roll in.
Your Order is 100% Safe, Secure, Risk Free and Fully Guaranteed!
What Are The Benefits of Steve's Real Estate Investor's Business Plan Template?
Steve Cook originally created this valuable real
estate investment business plan template for his own business. And now
you can use it tosave you the hundreds of hours and dollars it would
ordinarly cost you to create one yourself from scratch.
It's 100% Customizable This
document is meant to be edited by you. It's not a novel or a
manual; you're supposed to actually use it in a hands-on fashion to
focus and enhance your real estate investing business. That's why it
has to be "plug-and-play". You just replace the sample numbers and
details in the document with your own information, and viola -- a
structured business plan.
It's Simple and Easy to Use You
don't need any special software of advanced computer skills for this.
There's just no need for a lot of bells, whistles, hype or fluff to be
added to this. What you're getting is a simple Microsoft Word file.
So it's comletely, 100% editable as long as you can open and edit an MS
Word file (and nearly everyone can).
Running a real estate investing business without a
plan can be like captaining an ocean liner in the North Atlantic
without a lookout. Chances are highly likely that you'll run into a
huge iceberg sooner or later and, when you do, disaster results.
This easy to understand and affordable template is
for professionals who want to grow their business or better understand
where their real estate investing business is going. It’s designed to
help the new and experienced real estate investors maximize their opportunities and minimize difficulties.
"Steve
Cook’s Real Estate Business Plan is invaluable to keep investors on
track and on task. I bought it and wrote my business plan out just as
Steve suggested. Not only has it helped keep me focused, but it’s been
helpful to present to banks. I strongly recommend the Plan - it fits
precisely into what we do as real estate investors."
- Bill Guerra, Las Vegas, NV
Why the Real Estate Investor's Business Plan Template Will Work for You...
"All right," you say. "I'm convinced I need a plan. But why should I buy Steve Cook’s Real Estate Business Plan?" Not only will Steve’s plan guide you in creating your own business plan, but it also:
includes all the questions you need to answer before writing your own plan
includes a professional cover letter
is specially designed for real estate investors
is specific to real estate, but general enough to adapt to other business situation,
is written so that any reader would easily understand its purpose and strategies for success
addresses all of the basic who, what, and how questions
Steve's Real Estate Investor's Business Plan Template will save you a ton of time and money
that it would otherwise take you to have one developed yourself from
scratch. Hiring a third party to interview you to learn about your
business and then help you write a plan typically costs thousands of
dollars. That's what Steve did when he originally wrote this business
plan for himself. Now you can reap the benefits of his time and money
already spent.
Your Order is 100% Safe, Secure, Risk Free and Fully Guaranteed!
And for ONLY $39, this plan comes complete with sample charts and graphs and answers more than 50 potential questions from investors or lenders in the following categories:
Overview:
What is your company history?
When was it formed and why?
Who owns the company?
Where is it headquartered?
What is your corporate objective?
What has your company done in the past?
Is this a startup company?
In addition to the members of your company, who else makes up your team?
Do you evaluate team members on an ongoing basis?
Market Analysis:
What is your target market?
Where is it?
What types of real estate will you acquire?
What price range of property will you require?
What segment of the market will you pursue, retail or rental?
What type of buyer/renter are you targeting?
How will you acquire real estate?
From whom will you buy them?
Under what circumstances?
What methods will you use to find prospective purchases (e.g., real estate agent, bird dogs, advertising, etc.)?
Will the properties require major rehab or just cosmetic repairs?
Are
there any repairs that will exclude a potential property (e.g.,
structural damage)? How will you determine your offering price?
Will you use a formula?
What are the components of that formula?
What about closing costs, taxes, property insurance, liability insurance, fines, permits, etc.?
How can you be assured of a profit?
What is the average repair budget?
What makes you better than the competition (i.e., the other homes on the market) when selling your completed projects?
Implementation:
How will you estimate repairs accurately?
How will you control holding costs?
What is your game plan for a rehab?
What repairs do you tackle first, second, last?
To what level of quality do you rehab a house?
Who will sell your properties and why?
What has been your average holding period for a property?
What will make your property sell faster than the competition?
What if a Realtor can't sell your property?
Are you prepared to sell properties yourself?
Do you have creative sales methods?
What if the properties don't sell at all?
Are you prepared to keep and rent the property?
Sales Projections:
What are your figures for gross revenues and net income in past years?
What do you plan to generate for gross revenue and net income in future years?
What assumptions are you making with regard to the number of deals per year, expenses, and profits per deal?
Do you have charts and graphs to illustrate your financial history and future projections?
Financial Plan:
What are your current sources of funds?
What sources will you pursue going forward?
In what amounts?
Why do you need access to these sources?
What assumptions are you making when projecting future funding needs?
What will serve as collateral for these sources of funds?
Management Summary:
Who will be on the management team?
What will each person be expected to do?
What responsibilities will be outsourced to third parties?
Important Assumptions:
What assumptions are you making regarding your target market?
The availability of future projects?
The status of interest rates?
The strength of the resale market?
Summary:
What is your ultimate objective?
Do you feel this is realistic and attainable?
Do you feel you have the team members in place to achieve this objective?
Putting it all together, in summary...
To go into this business without a well-thought-out,
carefully crafted plan is the perfect way to throw every part of your
life out of balance, and to achieve success at a much slower pace than
necessary. It's the difference between carefully planned success and a
frustrating string of unnecessary failures.
Having a business plan in place is essential to achieving your dreams through investing in real estate.
You need to run your real estate business like a professional, with a
plan against which you can hold yourself clearly accountable.
In other words, your business plan is your roadmap to success.
At the very least, do yourself a favor and develop a
well-thought-out and written guide for your business success. Even if
you have to write one yourself from scratch, its well worth it to help
ensure you have the direction, focus and accountability you need to
ensure your ultimate success as a real estate investor.
But consider the small $39 investment in Steve Cook’s Real Estate Investor’s Business Plan Template as a street-smart way to save yourself a ton of time, effort and the money it would otherwise take to do it on your own from square one.
Your Order is 100% Safe, Secure, Risk Free and Fully Guaranteed!
What: Steve Cook's Real Estate Investor's Business Plan Template (Editable E-Book)
"Steve
Cook’s Real Estate Business Plan is invaluable to keep investors on
track and on task. I bought it and wrote my business plan out just as
Steve suggested. Not only has it helped keep me focused, but it’s been
helpful to present to banks. I strongly recommend the Plan - it fits
precisely into what we do as real estate investors." 
