The telephone screening script was developed to provide a consistent way to build this rapport, in a nonoffensive manner, to obtain the information needed to make our buying decisions. The phone screening is intended to be very conversational and informal. The conversation includes questions about the following topics: May I ask your name?
The Company will be offering a unique service to property investors, homeowners, and tenants.
CPW Investments was registered as a limited liability company LLC within the state of California, and will abide by all city and state business laws.
Reynolds will share ownership with the parent company, Dynamic Capital of China. The initial phase will include setting up the business. Reynolds will establish phone, Internet, and power service to the new location.
He will also purchase computers, printers, software, and office furniture to support daily business activities. The second phase will include building long-term relationships.
Relationships will be built through networking and focusing on real estate brokers, mortgage lenders, property management companies, real estate attorneys, insurance agents, appraisers, and property inspectors. These companies will be at the heart of what CPW Investments will need in order to meet both renter and investor demand.
Ray Reynolds will serve as owner and operator of the business. He has received a broad level of work experience and knowledge that has allowed him to be perfectly positioned to broaden the scope of his business entities.
He is also a real estate investor and realtor. His expertise is in acquiring undervalued and underperforming multifamily housing stock. The company works diligently to locate properties that have a good valuation, require little repairs, and are in growing neighborhoods.
Once a property has been purchased, CPW Investments will hold onto the property until the valuation increases by eight percent.
This ensures that properties are sold and sizeable return is received. In addition, CPW Investments will be responsible for legal tax, title work, insurance, escrow, and other requirements associated with the sale of a property.
For those properties purchased but not yet sold, CPW Investments will provide property management service that will include property maintenance and renter selection.
JPO Real Estate, LLC will be engaged in the residential real estate investment and management business and will act as the Acquisition & Restoration Manager, Property Manager, and . Your Real Estate Business Plan is an essential step in your investing journey. Learn the basics of putting together a solid business plan in this guide. The Real Estate Investing Business Plan template is a comprehensive, formal business plan example detailing a long-term strategy for a real estate investment company that is .
CPW Investments will hire a property manager to manage each property before it has reached a set valuation. The ideal property manager will closely work with the property and ensure that all renters have met specific guidelines with respect to renter requirements.
Property investors will be the last stream of income. Typically, CPW Investments will receive ten percent commission for locating an available property that is not listed on any of the current property listing websites. Since very few real estate businesses offer this type of service, CPW Investments expects to use this as a key advantage.
Reynolds expects property investors to reach out to the company once word-of-mouth has spread throughout the industry. This will be a win-win situation for both the property investor and for CPW Investments. The Market The demand for housing has been on the rise since the fall of when the housing sector began showing signs of economic weakness.
Home buyers are finally moving back into the housing market as interest rates continue to be at their historic lows. First time buyers and those looking to reestablish their credit, are finding valuable properties in good neighborhoods, closely located to schools and shopping centers.
Home prices are increasing moderately and are expected to remain at about five percent through Property investors have been the most important aspect of the housing market. Their all-cash purchases have minimized the need for mortgages and helped increase property values simply by snapping up distressed or valuable structures.
They will continue to help drive the market into Marketing and Sales Since real estate is a people-oriented business where direct contact is most effective, CPW Investments will utilize person-to-person contact, networking, and referrals as the main avenue of contact with its target market.
Through an aggressive online advertising campaign, CPW Investments will attract customers that are seeking to rent, buy, or purchase as an investment.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.
Wrapping up your Real Estate Investment Business Plan The design is an important last step. People are more likely to read through your business plan and judge . The Real Estate Investing Business Plan template is a comprehensive, formal business plan example detailing a long-term strategy for a real estate investment company that is .
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