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Yes, you'll need one.

The variables will be the acquisition costs of the land, the expense of building the building(s) containing the units, and the market for what you build where you built it.

To be more precise, you need a professional looking business plan for your condominium. I can recommend you to use ogscapital.com service for this purpose. They are very professional guys!

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8y ago

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Related Questions

How do you learn condominium management?

You can learn condominium management at condominium classes offered by local business bureaus. You can find out more information at the Business Bureau's website (BB).


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How do you contact Condominium Associations directly?

A condominium association is the business entity involved in condominium ownership. The condominium association is usually a non-profit corporation, and is listed with the Secretary of State in the state where the condominium community is located.The Secretary of State's records are usually public records.As well, residents and owners of a condominium community should know who sits on the association's board of directors, and their contact details.You can also contact a condominium association through its property manager.


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The Small Business Administration provides a free business plan tool online which you can use to develop your plan. It will the ability to work your plan at your own pace and will save it for at least 6 months from the last time you log in. It can be updated as often as needed.


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