This is the first in a series of newsletter tips that I'll be sending to you because of your request to learn more about how to systemize your real estate investing. From time to time, I'll go into more detail about the 5 Key Elements of Running a Systematic Real Estate Business. If you remember from the report on the hompage of http://www.alanbrymer.com, there are 5 main things you need to focus on in order to be working ON your business instead of just IN it. They are:

1) Strategic Leadership
2) Marketing
3) Money
4) Management
5) DealFlow

Let's talk about Strategic Leadership first. It covers having a vision of where ou want to be, setting goals and making plans to get you there, reviewing your progress in reaching those goals, and how to inspire your team to help you get there faster. This is where we need to start, because unless you know what you want, there is no point in doing anything just yet. Ask yourself these 4 questions:

Do you have a vision for what you want for your life?
Think about the things you want to do and have. Make a list of them and figure out how much money and free time you'll need in order to enjoy them.

How does real estate investing fit into your vision?
Will real estate investing help you to get what you want in life, or not? If not, don't do it. If it will, continue. It may be that you only need a few more thousand dollars per year in order to have everything you've always wanted. Or, if you're like the rest of us, you wouldn't mind an extra $100,000 per year or more. If this is the case, real estate is one of the easiest ways to do that.

Do what degree do you need to invest in real estate in order to get what you want in life?
I asked you to count how much money you'd need in order to have what you want. What is that amount? How many deals will you have to do in order to have that much money? If what you desire is an ongoing expense, figure out how many deals you'll have to do continually.

What will your company need to do and be in order to get you what you want?
In order for your real estate business to make you enough money to reach your vision, what will have to take place? This is where you start to make a vision of what your company will be when it's "done." Write down the # of deals per year, the types of deals, what your team will look like, how it will operate, etc. Make mental picture of what your company will be like when it's at the point (no larger or later) where it will help you to be living your vision.

Have fun with this exercise, and let me know how things go. This will be your "final destination," and everything you do from here on out will just be a means to accomplish this end. Good luck!