Author Archives: Jim Pellerin

3. Plan Blog

The Secret to Real Estate Investing

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.

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3. Plan Blog

Treat Your Business Like A Business

Plan Your Work & Work Your Plan.

I wrote in an earlier post that the The Secret To Real Estate Investing is that you need a Business Plan. But that`s only the start. Here are a few things you need to do to run your Business like a Business.

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5. Invest Blog

Don’t Pay Too Much for Your Investment Property

The market will determine price

When looking to purchase an investment property, you will want to make sure you don’t pay too much. My strategy is that I am always looking for motivated sellers. These are sellers that need to sell their property for one reason or another and they just haven’t been able to and they are running out of time. The major consideration for what you pay for a property will be the current market conditions in that area. Is it a buyers market or a sellers market?

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