Writing a commercial real estate business plan for multifamily
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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Todd Dexheimer
#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
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- St. Paul, MN
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
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