I Invest Thousands Before Bringing Your Multi-Family Property to Market. Here's Why
I specialize in creating value for your investment property, no matter the circumstances. Each property has strengths and weaknesses. By drawing on my 25 years of experience, I'm able to take account of hundreds of details to assist me in mitigating any weaknesses in the property while highlighting its strengths.
At every step of the way, I'm forensically detailing any factors that affect the valuation of your home. Here's the process I go through before I bring your property to market.
I visit the subject property to understand how it reflects value. This is where I determine its strengths and weaknesses. - $400 Investment
I determine if the subject property’s rents are at, above, or below market value. Income properties are sold in large part based on its potential gross income. Knowing this will determine how to best present the investment opportunity to the market. - $400 Investment
I conduct a complete assessment of all similar properties that have sold, are under contract, or are on market within the subject property’s neighborhood. The following key metrics are itemized for each of the properties in question: a) Days on Market, b) Price per Unit, c) Price per Square Foot, c) Capitalization Rate, d) Unit Breakdown, and e) Gross Rent Multiplier. - $800 Investment
I underwrite the subject property’s income and expenses. At this point, I'll address similar items not in-line with industry standards.- $400 Investment
I create the proposal to market. This report includes market data in an easy-to-read and understand format which reconciles with a suggested list and estimated close of escrow price. - $800 Investment
I identify the most probable purchasers. - $1200 Investment
This kinds of deep knowledge of the property and it's positioning in the market can create ample additional value at the point of sale. Don't work with anyone who would handle your investment any other way.