The infographic above has an example of how to backwards plan and fill in the blanks. Alright, now that you have a general idea of where you are going and how you will get there, you are ready to start writing your business plan. Imagine yourself on a second elevator ride to the 10th floor of some building, and you happen to be riding along with the CEO, or finance manager of some investing firm. What could you say to that person in 30 seconds to make them want to sit down and hear more?
The plan can be edited easily, just fill in the blanks with the Business Plan Pro software. GVRE is a full service real estate, mortgage, and title company. Its founder is Mrs. The company plans to be leveraged through private investment and a limited number of loans.
The company expects to begin offering its services in June. The company's main clients will be retirement age couples looking for a community that can offer significant services for their age group and income levels.
Egan is within this demographic group and knows and understands this market's needs, she believes that she can appeal to such clients far more than most other competitors. The Services GVRE offers comprehensive real estate, mortgage and title services to our diverse clients. With Quadrant Homes, Inc.
In addition we will offer a full range of services to facilitate the purchasing and selling of real estate including the following: Moving consulting, quotes, planning, etc.
Mortgage consulting and loan preapproval. Obtaining a comparative market analysis for potential sellers. The Market The retirement industry has been steadily growing over the past twenty years. The percentage of the U. This percentage is also expected to grow as the first of the "baby boomer" generation begins to reach retirement age in the next decade.
It is estimated by the U.
Census Bureau that the retirement industry, that includes homes, medical facilities, specialty equipment, retirement entertainment services, etc. They include expenses and the rest in cash needed to support operations until revenues reach an acceptable level.
A long-term loan through Valley National Bank will be paid off in ten years. The company expects to reach profitability in the first year and does not anticipate any serious cash flow problems.
We conservatively believe that during the first three years, average profitability per month per segment will be adequate. GVRE is a full service real estate, mortgage, and title company 1.
Establish and maintain close contacts with residential real estate listing services, and all other service organizations that GVRE uses, such as Artco mortgage service company. Keeping close contact with clients and establishing a well functioning long-term relationship with them to generate repeat business and obtain a top notch reputation.
Establish a comprehensive service experience for our clients that includes consultation, appraisal, sale preparation, community information, moving consultation, etc. Achieve break-even by year two.
Finalize and then expand our contract with Quadrant Homes, Inc.So without wasting your time, below is a step by step guide to starting a real estate business. Starting a Real Estate Investment Firm – Sample Business Plan Template.
Which aspect of real estate do you want to invest in? The first step to starting a real estate business is to know where to invest. To do this, you need to consider your own desires and the profitability of the possible investment.
In the same way, carefully crafting your real estate business plan is an integral part of your journey. This chapter will focus on the options you have in building that plan and will prepare you for your entrance and long-term success in real estate investing.
Real estate investment is a very attractive avenue for wealth building, as there are few other business opportunities where the potential for income is so high. However, it can be a very risky endeavor to step out on your own and jump into a volatile market.
Golden Valley Real Estate start-up real estate business plan company summary. Start-up company Golden Valley Real Estate will target the burgeoning retiree market, selling homes, condos, and apartments in Tucson area retirement communities/5(48).
Creating a Real Estate Investing Business Plan. Hiring Help for Your Real Estate Investing Business; There are hundreds of considerations when searching for your first real estate investment deal, so having someone else looking at your numbers will increases your odds of an accurate analysis.
Golden Valley Real Estate start-up real estate business plan executive summary. Start-up company Golden Valley Real Estate will target the burgeoning retiree market, selling homes, condos, and apartments in Tucson area retirement communities/5(48).