Now is the time to get crystal clear on why you're investing and what your long-term objectives are. This typically neglected action is really the most important. Why? Strategy will identify how you should invest, from selecting market and home types to picking your ideal tenants and group. Let's guarantee you chart a winning course!
Discover more about the strategy phase 
After defining your technique, it's time to find a strong financial investment market. This stage will assist you choose whether to invest in your area or long-distance. You'll likewise discover how to analyze markets based upon your technique and how to build a trusted team of regional specialists. All set to go?
Find out more about the market phase 
What does it mean to obtain the best home? As SMARTER investor will inform you, the “purchase” action is where cash gets made! Effective acquisition means finding, examining, and moneying the best deal for you.
Discover more about the acquisition stage 
Exploring next steps for your recently obtained residential or commercial property? Whether you're rehabbing, renting, or both, there's a lot to think about, including professional selection, home management, and tenant positioning. Let's dig into the perfect make-ready procedure and prepare your property for effective lease or retail.
Discover more about the rehab/rent phase 
It's time to speak about realty asset tracking. To remain arranged– and on course towards your objective– you need the right system. Whether you're self-managing or dealing with a knowledgeable residential or commercial property manager, find the very best platform and tools for tracking your work orders, capital, costs, and more.
Find out more about the tracking phase 
< img src="https://bpimg-biggerpockets.twic.pics/assets/PhaseExit.png"alt=""/ > A successful exit or exchange is the direct outcome of an informed technique. There's simply no other way to optimize your investment potential. When it's time to exchange, sell, or re-finance your property, get in touch with experts who will help make your exit outstanding.
Find out more about the exit phase 
What does it take to rinse and repeat? To scale a portfolio, you'll want to duplicate what's working, and gain from what's not. Sticking to this process takes big stamina and great resources. Find out how to evaluate your progress, scale your portfolio, and partner for long-lasting success, checking off REI objectives as you go.
