Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

83
Posts
21
Votes
Mitch Price
  • Rental Property Investor
  • Atlanta, GA
21
Votes |
83
Posts

Putting Together a Simple Business Plan

Mitch Price
  • Rental Property Investor
  • Atlanta, GA
Posted

Hello there. I want to know if there are any business plan software or templates that I can use to draw up a business partnership? I basically am looking for something I can present to my partner with terms and whatnot laid out. Would it be best to reach out to Real Estate attorney (which is what I might do) Or should I just type something up after we negotiate term together. I dont want to overthink it.

User Stats

4,974
Posts
5,029
Votes
Scott Mac
  • Austin, TX
5,029
Votes |
4,974
Posts
Scott Mac
  • Austin, TX
Replied

Hi Mitch,



To draw up a business partnership--use an attorney,

He/she may have a questionnaire to help you along thee lines.

And the drafting will be more likely to stand up in court if needed.

Good Luck!

User Stats

16,743
Posts
14,278
Votes
Chris Seveney
Pro Member
#3 All Forums Contributor
  • Investor
  • Virginia
14,278
Votes |
16,743
Posts
Chris Seveney
Pro Member
#3 All Forums Contributor
  • Investor
  • Virginia
Replied
Quote from @Mitch Price:

Hello there. I want to know if there are any business plan software or templates that I can use to draw up a business partnership? I basically am looking for something I can present to my partner with terms and whatnot laid out. Would it be best to reach out to Real Estate attorney (which is what I might do) Or should I just type something up after we negotiate term together. I dont want to overthink it.


 read the book Traction by Gino Wickman and in there they have a one page business plan. Start with that, its actually all we use, we started with a 50 page plan but you spend more time putting it together and the one page plan focuses on getting things done

  • Chris Seveney
  • BiggerPockets logo
    PassivePockets is here!
    |
    BiggerPockets
    Find sponsors, evaluate deals, and learn how to invest with confidence.

    User Stats

    83
    Posts
    21
    Votes
    Mitch Price
    • Rental Property Investor
    • Atlanta, GA
    21
    Votes |
    83
    Posts
    Mitch Price
    • Rental Property Investor
    • Atlanta, GA
    Replied

    @Scott Mac will do. thanks

    User Stats

    83
    Posts
    21
    Votes
    Mitch Price
    • Rental Property Investor
    • Atlanta, GA
    21
    Votes |
    83
    Posts
    Mitch Price
    • Rental Property Investor
    • Atlanta, GA
    Replied

    @Chris Seveney absolutely