How to write a business plan for real estate investors
Have you ever gotten caught up in the hype of compiling a complicated business plan with detailed pie charts, excel spreadsheets etc?
I recently had a fellow investor ask me to finance his latest real estate business venture AND as a “selling point”, he told me he had put together a business plan! Excellent I said, send it on over and I will look at it. Let me tell you, it was 45 pages long and I got bored and closed the window on page 2!!
As a small business financier (yes, I do that) , I STRONGLY recommend that real estate investors SIMPLIFY their business plans. Whether you are seeking financing from a private “money guy”, looking to obtain a line of credit or looking to execute your goals, a successful business plan should only be 2-3 pages!!
Like most of my real estate investment operations, business planning for me is kept simple and yet powerfully effective. If any of you of “watched” my previous posts, you know that I love to screw around with Craig in Indy and you may be skeptical if this is how I truly “run” my business, but I’m here to tell you it is!
Watch and enjoy!
Good luck investing,
Popularity: 74% [?]
who got this video up first, you or craig? haha Either way I’ll watch it twice cause you guys are a comedy act.
Scott | Mar 25, 2009 | Reply
Craig is just being humble by putting BobNorton.com up there first. I will admit, he is the brains behind creating the YouTube videos. I just get the benefits and get to load em up without messing around with I-movie.
bobnorton | Mar 25, 2009 | Reply
Heck, I think its even funnier on your site – than on mine (and here comes the shameless self-promotion) at http://www.CraigFuhr.com
Craig Fuhr | Mar 25, 2009 | Reply
Hey all: Please check out the real reason this video came together….www.CraigFuhr.com
bobnorton | Mar 26, 2009 | Reply
Funny how both of you are so alike! Crazy, but rich! Actually, crazy + rich = Eccentric
I will stop worrying about the business plan….
Rowin | Apr 3, 2009 | Reply
Lifestyles of the crazy, rich and eccentric! Sounds like a good Reality TV Series.
bobnorton | Apr 3, 2009 | Reply
Thanks for the truth now I know you didn’t read it.
J | Apr 13, 2009 | Reply
Yes, I’m kind of A.D.D. and I didn’t want to insult you. I’ll try to be more upfront instead of nice.
bobnorton | Apr 14, 2009 | Reply
Craig! Where did you find Bob? My God there’s two of you.
I laughed my head off. Thanks for the comedic relief.
Michele (CFuhr Student)
Michele Galloway | Apr 18, 2009 | Reply
Michele
I know Bob through Steve Cook http://lifeonaire.com
Craig Fuhr | May 5, 2009 | Reply