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Updated over 8 years ago on . Most recent reply

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13
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5
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Eldin Kalic
  • Real Estate Agent
  • Bethlehem, PA
5
Votes |
13
Posts

Flipping Business Plan

Eldin Kalic
  • Real Estate Agent
  • Bethlehem, PA
Posted

Hi,

I am in the process of writing my business plan for my real estate flipping business.  Would anyone care to share theirs with me just so I can ensure that I'm doing it correctly?  

Thanks for the help.

Most Popular Reply

User Stats

57
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41
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David Sohn
  • Investor
  • Northeast
41
Votes |
57
Posts
David Sohn
  • Investor
  • Northeast
Replied

@Eldin Kalic - the BP FilePace has lots of good stuff there, including some sample business plans you can download for free along with pro formas that you can adjust and probably plug in quite easily rather than build from scratch.

A shout of for J.Scott's Book on Flipping Houses (no affiliation - just a happy & more well educated customer).  It doesn't have a template business plan per se but the book itself is really like a roadmap to creating your own house flipping business and I would definitely recommend it if you plan to a) build a business plan and then b) execute on it.

My personal advice...really learn and understand your financials and all the numbers involved with each phase of the flip.

Best of luck!

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