Prior to making any purchases, the properties are fully evaluated to determine positive cash flow and long term sustainability. 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. 2.1 Ownership, steve and Linda rogers are lifelong residents of Franklin, tennessee. Steve has an established business and has owned his paint business known as ProStar paint for 15 years. Linda rogers, a graduate of Middle tennessee state University, is a math teacher at Franklin Elementary School. 2.2 Legal Form, real Estate ventures, Inc.
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The property will be clean, well maintained and professionally managed. 1.4 keys to success. Is fully committed to make its rental property business a long term success with future plans for expansion. It is this dedication and drive which will set them apart from their local peers. The following are what real Estate ventures, Inc. Believes are its keys to success: Property about management - the owners of real Estate ventures, Inc. Will personally manage the rental property and not rely on an outside management team. This way, all repairs can be addressed immediately, rents will be collected in a timely manner and the accounting ledger will be kept current and up to date. Invest in only sustainable, high quality investments - real Estate ventures, Inc. Is not interested in flipping properties.
Over time this lack of discipline can permeate into other aspects of the business resulting in a downward slide of the business. Selective in tenant process, instead of accepting the first person in the door to accept the lease, real Estate ventures, Inc. Will personally meet with each applicant for a personal interview. Is seeking a long term lease with quality tenants. All applicants will be required to pass the credit and background check as well as provide the applicable deposits. References are a must and will always be verified. Provide exemplary service to tenants, the goal of real Estate ventures, Inc. Is to achieve long term occupancy levels. If the tenant has a broken A/C unit, then, theyll fix it that same day!
Generate passive income.2 Mission Statement, real paper Estate ventures, Inc. S goal is to invest in quality both in its properties and in its tenants. One of the largest mistakes made by new real estate investors is in poor property selection. Even worse is their tenant selection process, often with little or no background and credit checks. At real Estate ventures, Inc., the owners are extremely devoted to their business and their commitment to the long term can be seen in their extreme dedication to both their properties and their meticulous selection process of finding long term tenants. 1.3 guiding Principles, real Estate ventures, Inc. Holds the following as its guiding Principles. Treat the investment as a business first and foremost. Many real estate owners will fail to take their investment seriously and keep sloppy or minimal business records.
It is estimated the repairs will take one month to complete at a cost of approximately 10,000. A tenant, known by the owners with excellent credit and references, has been located and is ready take occupancy the following month. She has provided a security deposit. Are requesting a 53,750 commercial real estate loan to purchase the investment property. The credit facility will be based on 15 year amortization and have a loan to value ratio. The following business plan will provide a history of real Estate ventures, Inc., its current and future plans, and its ability to repay this financial obligation. 1.1 Business Objectives, invest in quality well cared for properties that are priced within the local market range. Locate only well qualified tenants, desiring to lease long term.
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Believes the key to successful property management is qualitative to be committed for the long term in both the property and tenant selection process. The owners of real Estate ventures, report Inc. Are lifelong residents of the thriving Franklin, tennessee area, a suburb of Nashville. Steve rogers, an entrepreneur has owned his own company, proStar paints for 15 years. 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. In addition to their outside revenue, the rogers received a 100,000 inherence when Lindas mother passed away recently. Is purchasing their first investment property, a well maintained single family home located in the highly sought after Red Mill Estates subdivision. Has a contract on the house and the sales price is 107,500. The property is in need of some repair and maintenance (primarily cosmetic). Will contract the work to a well known contractor that is personally known by real Estate ventures, Inc. Steve rogers will paint the property.
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Ms word, adobe pdf, real Estate ventures, Inc. Is a newly formed s-corporation wholly owned by Steve and Linda rogers for purposes of purchasing and owing income producing real estate. Real Estate ventures, Inc. Fills the void in the local Franklin, tennessee rental housing market by providing clean, well cared for rental homes to well qualified tenants. Neither the homes nor the tenants are chosen on a hasty basis, but rather on purposeful, planned and methodical basis. The property selection process is rigorous and based on long term investment standards and tenants are personally evaluated by the owners.
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9 painting Estimate templates pdf, excel sample templates. A painting estimate template is a worksheet that comes in tabulated form of sections to input measurement and cost information regarding painting a room or house. These templates are particularly designed for the revelation painting business where a representative can take the"tions in the template format for the ease of calculation of resource requirement ns estimation of the cost for the e project plan templates are available in Pdf, word Doc. The formats are meant to deliver convenience and clarity regarding the paint job for your business and your clients. Painting Estimate template Free download, details, file format. Size:.5 mb, download, painting Estimate template pdf, details, file format. Size: 492.7 kb, download, paint Estimate guide template. Size: 772.5 kb, download, painting Estimate template Example, details, file format. Download, sample painting Estimate template, details, file format.