Now is the time to get crystal clear on why you're investing and what your long-lasting goals are. This frequently neglected step is in fact the most important. Why? Method will determine how you must invest, from selecting market and property types to choosing your perfect occupants and group. Let's ensure you chart a winning course!
Learn more about the method stage 
After specifying your method, it's time to discover a strong investment market. This stage will assist you decide whether to invest locally or long-distance. You'll also discover how to evaluate markets based upon your strategy and how to develop a trusted group of regional specialists. Ready to go?
Find out more about the marketplace stage 
What does it imply to acquire the best property? As SMARTER real estate investors will inform you, the “purchase” action is where cash gets made! Effective acquisition suggests finding, evaluating, and funding the very best offer for you.
Discover more about the acquisition phase 
Checking out next steps for your recently acquired home? Whether you're rehabbing, renting, or both, there's a lot to consider, consisting of contractor selection, home management, and occupant positioning. Let's go into the perfect make-ready process and prepare your property for effective lease or retail.
Discover more about the rehab/rent stage 
It's time to discuss realty asset tracking. To stay arranged– and on course towards your objective– you need the right system. Whether you're self-managing or working with a proficient property supervisor, discover the best platform and tools for tracking your work orders, cash flow, expenses, and more.
Discover more about the tracking stage 
< img src="https://bpimg-biggerpockets.twic.pics/assets/PhaseExit.png"alt=""/ > A successful exit or exchange is the direct result of a notified technique. There's merely no other way to optimize your financial investment potential. When it's time to exchange, sell, or refinance your property, get in touch with professionals who will assist make your exit exceptional.
Discover more about the exit phase 
What does it require to rinse and repeat? To scale a portfolio, you'll want to repeat what's working, and learn from what's not. Sticking to this procedure takes huge stamina and great resources. Learn how to evaluate your development, scale your portfolio, and partner for long-term success, marking off REI objectives as you go.
