Commercial Real Estate Business Plan Template

Commercial Real Estate Business Plan Template-72
Linda Rogers is a math teacher at Franklin Elementary.Both owners have access to additional sources of revenue to supplement expenses associated with the investment property.Together they attended several continuing education classes at their local community college and decided upon the subject property for their first purchase.

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The house is a wonderful opportunity for the teacher to launch a fresh start and the location is 5 minutes to the school where she teaches with Linda. The Red Mill Estates neighborhood has lush landscaping, larger than average lots and is primarily owner occupied.

The tenant has passed the credit and rigorous background checks and her references have all checked out. The surrounding neighborhoods are middle class suburbs with five grocery stores within a 5 mile radius, various restaurants, and shopping malls 3 miles away near the easily accessible I-65.

Updates to the property will primarily be cosmetic to bring the property to current market standards. provides clean, quality homes in growing markets to well qualified tenants. Supplemental income will include: Forfeited Deposits Bounced Check fees (NSF) Late charges Damage and Cleaning Charges Application fees Pet Charges Lease Termination charges There are seven rental income properties within a 1 mile radius of the subject along with several multifamily apartment units.

For comparison purposes, the multifamily units have been excluded from this comparison.

has near term plans to purchase additional quality income producing properties sufficient to generate, passive income streams.

Franklin, Tennessee, located in Williamson County, is a Principal City in the in the Nashville Metropolitan Statistical Area (“MSA”) and is ranked 31 in the United States.

One of the largest mistakes made by new real estate investors is in poor property selection. is fully committed to make its rental property business a long term success with future plans for expansion.

Even worse is their tenant selection process, often with little or no background and credit checks. It is this dedication and drive which will set them apart from their local peers. believes are its keys to success: Real Estate Ventures, Inc., (“Real Estate Ventures, Inc.”), is a newly formed S-Corporation formed for purposes of managing the underlying real estate located in Franklin, Tennessee, a principal city in the Nashville Metropolitan Statistical Area (“MSA”). is jointly owned by Steve and Linda Rogers, husband and wife.

The property selection process is rigorous and based on long term investment standards and tenants are personally evaluated by the owners. believes the key to successful property management is to be committed for the long term in both the property and tenant selection process. are lifelong residents of the thriving Franklin, Tennessee area, a suburb of Nashville.

Steve Rogers, an entrepreneur has owned his own company, Pro Star Paints for 15 years.

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