Real Estate Business Plan: Calculating Startup Costs
Showing that you have a good sense of the cost of starting up your real estate business is absolutely essential to your success in raising funds and launching. Showing funders that you've done your research lets them know you are a serious and determined individual, who knows what the business requires. If you've miscalculated, you'll find out down the road by realizing you are sitting on extra cash for which you have to pay interest or dividends or when you realize you are short and must seek additional funding. This paper explains some of the primary research areas to calculate your real estate business startup costs.