Categorized | Strategies

Preparing Your Plan

planning

As you consider whether to invest in multi-family Residential Income Properties, nothing is more important than having a meticulously-crafted plan in place.  From the outset, you must treat this investment as if you were running a business, rather than as a one-time purchase that is over as soon as the contract is signed. Just as you’d need a business plan if you were launching a new retail store, you need a well thought out plan for investing in multi-family Residential Income Properties.  A complete plan includes the following steps:

Learning all the essential information about investing in multi-family Residential Income Properties

Researching available options for your specific financial situation

Finding a trusted and knowledgeable real estate professional to help you identify appropriate properties and negotiate the purchase

Buying a carefully-selected property

Managing the property to maximize its cash flow

Selling the property and using its profits to purchase even larger, more profitable Residential Income Properties

Investors who skip any of these steps risk losing out on the potential rewards of investing in Residential Income Properties.  Not all apartment buildings are good investments. Some may not provide adequate cash flow; others may be priced too high, or are located in such poor areas that attracting viable tenants is difficult. Only by following a careful plan and hiring a trusted real estate professional can you identify and purchase the types of properties that will lead to major financial gain. As is the case in many other aspects of life, a plan is essential to success.


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Use our investment strategy calculator to determine your wealth creation potential by investing in residential income properties using our Value Management Methodology (VMM). Indicate funds available to you as 30% of purchase price and your planned investment time frame.

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