4647 White Bear Parkway
White Bear Lake,
Acquisition Planning | For the Aspiring Real Estate Investor
It can take courage to pull the trigger on your first acquisition. Work directly with an advisor who embraces real estate. Develop a customized plan to acquire income producing real estate. Your plan will be unique to you and your situation, as well as on a time table that is aligned with your financial resources and designed to meet your desired work optional date.
Nothing makes us happier than watching our clients succeed in building directly owned real estate portfolios. Our goal is to make it happen in a way that is financially wise.
Every planning relationship begins with this initial step, but will look different depending on where you are in your progress. Our Goal is to understand your priorities and what you value most and develop a strategic plan to acquire investment real estate and build a work optional life.
Areas we explore
We'll help you find answers to these questions and more.
We will prepare a Real Estate Focused Current Situation Analysis.
ALL sources of income, savings, investments, expenses, liabilities, insurances and taxes are taken into consideration.
For Strategic Acquisition Planning: Careful attention is directed to projecting an accurate and detailed cash flow analysis.
Please note, parts of this analysis are abbreviated from the Current Situation Analysis in our Comprehensive Financial Planning Service. If you would prefer to expand this analysis to a more comprehensive version, discounted pricing is available.
This step is about making efficient use of every penny. Wasted resources are identified and a plan is developed to reposition them to work toward building your future real estate empire.
If requested, low risk investment options are available for accumulation of funds.
Based on analysis and evaluation completed in previous steps, we work together to develop a Risk Aware Acquisition Plan. Consider it your personalized roadmap to becoming work optional, outlining what it will take to get you where you want to be.
Hypothetical purchases are modeled and resulting financials projected. Your plan is built on a time table that is efficient, feasible and financially wise. We take into consideration the following areas:
We provide you with an acquisition benchmark, a tool to measure future purchases and whether they have the potential to accelerate or delay your progress.
Sometimes it is important to know when to walk away from a potential acquisition. Numbers don't lie. Having a benchmark helps keep emotions in check, by having a baseline to gauge (grade) each purchase and the influence it will have on your over all plan.
Strategic Acquisitions Plans are never static. Markets, interest rates, and life may change over time. You should expect your plan to evolve and adapt as needed. Periodic course corrections may be necessary to keep you on track to achieving your work optional life.
Our Advisors encourage update meetings once a year, before and after each transaction, or if a significant attribute has changed.
Regularly monitoring your progress is just as important as developing the original plan.