Today, we’re talking about what’s the difference between having a real estate plan and having an outline for the success of your real estate investments.  “A flexible outline, instead of a rigid plan, allows you to capitalize on opportunities as they show up.” – Kevin Clayson Investing with purpose and having a game plan is […]

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A Real Estate Plan Is Important, But This Is Even More Important …

Today, we’re talking about what’s the difference between having a real estate plan and having an outline for the success of your real estate investments. 

“A flexible outline, instead of a rigid plan, allows you to capitalize on opportunities as they show up.” Kevin Clayson

Investing with purpose and having a game plan is very important. For many people, a plan is listing step one, step two, and step three and defining an ideal endpoint. The truth is that real estate cannot be put into that kind of a cage because there are so many things that can change along the way.

You can know where you’d like to get with real estate and have an idea of what you need to do to get there, but you don’t necessarily know what the market will look like in twenty years, ten years, or even in five years. Some elements of the market are predictable, but some aren’t. That’s why we know a regular plan won’t work.

Listen as we discuss how to use an outline for success in real estate.

Key Takeaways:

  • Why a rigid plan doesn’t go along well with real estate (6:29)
  • Using an outline to balance what you can and can’t control (11:56)
  • How one of our clients approached unexpected things with her real estate (16:42)
  • An outline allows you to maximize the performance of your transactions (22:37)
  • The key is to move based on your current real estate portfolio (29:49)

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