How to Create a Real Estate Investing Game Plan

You probably know that real estate can be lucrative, but how do you get started? You've already decided that Alberta is a market that you're interested in, specifically the Edmonton and area but now you need to know the first step to get started. We are going to break it down in this article.

Understanding your Real Estate Investing Goals

The first step for us is to get on a phone call with you to learn about your goals, your skill set, you know, what you want to accomplish with real estate investing. So the first step for you is to go to our website, fill out the let's get rolling page, so we can get to know a little bit of background information just to get started. From there we'll reach out and schedule a discovery call with you. Our goal is just to get to know more about you, your background, your skillset, your goals. So then we can find out exactly what strategy that we need to implement to help you reach those goals.

Certain questions that we ask are:

• What are your skillsets?

• What lifestyle are you hoping to achieve?

• Do you want to self-manage?

• Do you want a totally turnkey property and have a property manager take care of that for you?

• Are you a handy person?

• Do you like to do renovations or do you like to oversee a contractor to do those renovations?

• Do you live in Alberta?

• Are you out of province?

These questions help us understand what strategy to use and what types of investment properties to pursue. Once you've decided on a strategy, we'll want to introduce you to our mortgage professionals, to get to know your purchasing power. Once we understand your purchasing power, we can work backwards from there to provide you with actual live deal opportunities to present to you for your review.

Schedule an Investment Tour

From there, we can schedule a tour where either you come out to Edmonton or you already are in Alberta, and we'll just schedule a time to go out for a two to three hour tour, to look at all those options that fit your strategy. And so we can narrow it down to just one or two and then proceed from there, with next steps. Once you become a client of ours, we're able to provide you with our team of professionals from Mortgage Brokers, to Property Managers, to Contractors, to help you succeed in investment real estate.

If you want to learn more about the benefits of working with our team, make sure you complete our investor form and one of our team members will be in touch shortly.