Writing a commercial real estate business plan for multifamily

Writing a commercial real estate business plan for multifamily

New to Real Estate · Netherlands · Member since 2020 · 8 posts · 1 vote

Hey,

I am writing my first business plan.

My company structure is a wy LLC , that's hold local AZ LLC wich hold the CRE Multifamily property.

How do I set up the plan ? Coming from the WY LLC or for the AZ llc?

Do both entity’s need seperate business plans ? And do I include the property into the business plan of the AZ llc ?

Advice is appreciated :)

Best Mariesa

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Rental Property Investor · St. Paul, MN · Member since 2016 · 3k+ posts · 3k+ votes
5y

The business plan is about what your company is planning on doing. I suggest you write a general business plan on what your company will be doing. ie purchasing value add multi-family, built in 1980 or newer, located in B class neighborhoods. 

Then you will also have a detailed business plan on each specific property that explains the specific plan for the property

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  • Bjorn AhlbladPro Member
    Investor · Shelton, WA · Member since 2017 · 6k+ posts · 6k+ votes
    5y

    @Mariesa - Katherine Janta The business plan is about the property, the acquisition, the financial performance in its current form and plans you have for improving the asset. Projected financials, financing, distribution to investors and partners etc. The LLC's and how that is organized is a detail of the plan. You can cover that in a sentence or two.

  • Rental Property Investor · St. Paul, MN · Member since 2016 · 3k+ posts · 3k+ votes
    5y

    The business plan is about what your company is planning on doing. I suggest you write a general business plan on what your company will be doing. ie purchasing value add multi-family, built in 1980 or newer, located in B class neighborhoods. 

    Then you will also have a detailed business plan on each specific property that explains the specific plan for the property

  • AZ · Member since 2021 · 3 posts · 0 votes
    5y

    Thank you :) 

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