Create a detailed plan that includes your target property types, such as office buildings or retail spaces, and your geographic preferences, like urban centers or emerging markets.
Set clear investment objectives by determining whether you seek short-term gains through property flipping or long-term appreciation via rental income. For example, you might aim for an 8-12% annual return on investment or focus on properties with significant value-add potential. Create a detailed plan that includes your target property types, such as office buildings or retail spaces, and your geographic preferences, like urban centers or emerging markets.