Write A Business Plan
Real Estate Investing became a business for me when I started treating it like a business. And why not, it is a business. And just like any business, you need a Business Plan.
A Business Plan is not just something you write to show to other people like your banker, investor, etc. A Business Plan is something you create to help you understand where you are, where you want to go and how to get there. Your Business Plan will be different than other peoples Business Plan. For example, if you have lots of cash and just starting in real estate investing, you will have a very different plan than if you were broke and unemployed.