Network setup of KVM hypervisor?

I would like to install a KVM type-1 hypervisor. This hypervisor should run two guest operating-systems. Both guest operating-systems need one IPv4 address from 192.168.11.0/24 network and I guess that I should configure one IPv4 address to hypervisor itself for management purposes? I am familiar with bridges under Linux and VLAN-subinterfaces, but what is the recommended practice for such KVM installation, i.e. which interfaces should I create in hypervisor and which interfaces should I create for virtual-machines with virt-install and how should I configure management for hypervisor itself?