Business Plan For Property Investment

Wolfe Partners has developed a strategy around the purchase of homes in the ,000 to 0,000 price range.This price represents homes on the lower end of home values in the targeted neighborhoods.

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To be successful in real estate investing, a strong partnership must be built with many service providers that have an intimate knowledge of the neighborhoods we have selected.

This list of business contacts includes but is not limited to real estate brokers/agents, chamber of commerce, local investment clubs, financial institutions, utility company repair personnel, title insurance companies, local government personnel, and others.

Therefore not only is there a large population of homebuyers in this age bracket, but their long-term employability, and thus their ability to make house payments, is quite favorable.

With these trends in mind, our target customer is a young, professional, dual-income family.

During this period we will purchase, renovate, and sell approximately one home per month for a total of nine units in 1999.

Also during this period one home will be selected, based on its financial performance quality, as a rental unit to be held.A price differential of at least ,000 between our purchase price and typical sales prices is necessary for each purchase.This will allow us to absorb a renovation and acquisition expense of approximately ,000 to ,000 and still net ,000 to ,000 profit from each deal.Holding to this strategy over a seven-year period will yield a portfolio of 85 investment units each returning an average ,000 positive cashflow per year for a total annual income of 0,000, and annual asset appreciation of 5%. is intended to be a highly leveraged organization with only one employee, that being the principle and sole owner, Ron Wolfe.Also during this seven-year period, more than 80 homes would have been sold for an average ,000 profit each for a total of more than

Also during this period one home will be selected, based on its financial performance quality, as a rental unit to be held.

A price differential of at least $30,000 between our purchase price and typical sales prices is necessary for each purchase.

This will allow us to absorb a renovation and acquisition expense of approximately $10,000 to $15,000 and still net $15,000 to $20,000 profit from each deal.

Holding to this strategy over a seven-year period will yield a portfolio of 85 investment units each returning an average $2,000 positive cashflow per year for a total annual income of $170,000, and annual asset appreciation of 5%. is intended to be a highly leveraged organization with only one employee, that being the principle and sole owner, Ron Wolfe.

Also during this seven-year period, more than 80 homes would have been sold for an average $15,000 profit each for a total of more than $1.3 million cash income. All tasks to be performed on behalf of the enterprise, that cannot be done by the employee, will be hired contract services.

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Also during this period one home will be selected, based on its financial performance quality, as a rental unit to be held.A price differential of at least $30,000 between our purchase price and typical sales prices is necessary for each purchase.This will allow us to absorb a renovation and acquisition expense of approximately $10,000 to $15,000 and still net $15,000 to $20,000 profit from each deal.Holding to this strategy over a seven-year period will yield a portfolio of 85 investment units each returning an average $2,000 positive cashflow per year for a total annual income of $170,000, and annual asset appreciation of 5%. is intended to be a highly leveraged organization with only one employee, that being the principle and sole owner, Ron Wolfe.Also during this seven-year period, more than 80 homes would have been sold for an average $15,000 profit each for a total of more than $1.3 million cash income. All tasks to be performed on behalf of the enterprise, that cannot be done by the employee, will be hired contract services.At an average investment of $10,000 per unit, a 100% to 150% profit margin is expected. Wolfe Partners will operate in the southeast corridor of Mixci County.This area will include the communities of Birmingham, Jones, Royal, and Rickston.These buyers will have good credit and income potential, but may not have significant cash reserves.Our approach to these buyers, therefore, will be to get them into our houses with creative solutions to their cash shortage problems.This will be the beginning of our long-term investment strategy around rental income properties, and the developing of our expertise in property management.During the year 2000, Wolfe Partners will become a full-time enterprise.

.3 million cash income. All tasks to be performed on behalf of the enterprise, that cannot be done by the employee, will be hired contract services.At an average investment of ,000 per unit, a 100% to 150% profit margin is expected. Wolfe Partners will operate in the southeast corridor of Mixci County.This area will include the communities of Birmingham, Jones, Royal, and Rickston.These buyers will have good credit and income potential, but may not have significant cash reserves.Our approach to these buyers, therefore, will be to get them into our houses with creative solutions to their cash shortage problems.This will be the beginning of our long-term investment strategy around rental income properties, and the developing of our expertise in property management.During the year 2000, Wolfe Partners will become a full-time enterprise.

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