This business plan emphasizes the entrepreneur's experience, knowledge, and savvy, as well as the symbiotic philosophy of the business.
The requirements for successful real estate investing are clearly explored and a concise response to each concern gives the plan its authority.
We will attempt to locate sellers that fit one or more of the following profiles: divorce, estate sales, unemployment, property in disrepair, job transfer, property management problems, absentee ownership, investor washout, tenant problems, retirement, or any other emotional dissatisfaction with the property.
It is anticipated that these homeowners will be willing to negotiate on price, terms, or possibly both.
According to recent demographic studies, more than 30% of the U. population will be in the age group of 25-44 by the year 2000.
In addition, work force studies indicate that the number of trained professionals for most industry categories is inadequate to meet business growth demands and attrition rates.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.Notice how the cautious short-term goals are tempered with the ambi tious outlook. is now being established to make the business a full-time venture and to include real property investing, primarily single-family homes, into our strategy. Wolfe also has over 20 years experience in corporate operations, ranging from a Mechanical Engineer, upon college graduation, to his most recent position as an executive in a Fortune 100 information technology company, managing a million business unit with 120 employees.Wolfe Partners has been a family-owned business for more than 10 years. Our mission is to create investment income through the purchasing and reselling of distressed homes.Our operations will be noted for our high technology processes that will utilize state-of-theart information and management systems.In order to ensure success, Wolfe Partners will focus on the development of strong partnerships with key real property professionals, i.e., sales brokers/agents, financial institutions, law firms, building trade contractors, real estate service firms, and others.The first year of Wolfe Partners will be spent expanding our building opportunities.The company will strive to create and maintain an image and reputation in the industry as an honest, cooperative, and creative enterprise, characterized by ethics, fair play, and win-win results.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.