Business Plan: Rental Income Verification Platform

Executive Summary:

Our platform will serve as a secure marketplace where sellers can upload their Schedule E (document showing rental income) and potential buyers can access it with permission to independently verify the rental income history. This will provide transparency and trust in real estate transactions, aiding both sellers and buyers in making informed decisions.

Market Analysis:

The real estate market is growing rapidly, with an increasing number of rental properties being bought and sold. However, there is often a lack of trust between sellers and buyers regarding the accuracy of rental income information provided. Our platform aims to fill this gap by offering a secure and transparent way to verify rental income information.

Revenue Model:

We will adopt a subscription-based model for both sellers and buyers. Sellers will pay a monthly fee to upload their Schedule E documents, while buyers will pay a fee to access this information with permission. Additionally, we will offer premium services such as expedited verification for an additional fee.

Marketing Strategy:

Our marketing strategy will focus on targeting real estate agents, property managers, and individual investors who are involved in buying or selling rental properties. We will use online advertising, social media marketing, and partnerships with real estate platforms to reach our target audience.

Financial Projections:

Monthly expenses include server costs, maintenance, marketing, and customer support.
We aim to onboard 100 sellers and 200 buyers in the first month, with a projected growth rate of 20% per month.
Pricing:
Sellers: $50 per month
Buyers: $20 per verification
Premium Services: $10 per expedited verification

Estimated Monthly Revenue:

Estimated MRR: $15,000

Startup Idea: A platform where sellers can securely upload their schedule E and buyers can access it with permission for independent verification of rental income history