Investor Services
Specialists In All Areas
here's how we help INVESTORS
You’ve made the decision to invest in real estate, now what?
I’ve broken it down into 11 simple steps, to help you invest with purpose for long term success.
Create A Plan
- Looking for Cash flow or Capital appreciation?
- Write down your long and short term goals
Build a Team - Your Network is Your Net Worth
- Realtor
- Mortgage agent or financier
- Insurance agent
- Lawyer
- Accountant
- Inspector
- Handyman
- Contractors and tradespeople
Financing
- One of the most important aspects of investing
- Whether A lender (bank) B lender or Private equity
- Obtain a Pre-approval
Pick Your Market - Drive Til You Qualify
- Look for a market with growth
- Understand the prospective tenant
- Understand major employers, transit, amenities etc.
Pick Your Asset Class
- You have a budget and location, how can you best utilize your money?
- Can be single family or single family conversion
- Multi-family (Duplex, triplex etc.)
- Mixed use
Find A Deal
- Five Return metrics to analyze
- Cap rate – Ratio between annual rental income and present market value
- Cash on cash return – calculates the cash income earned on the cash invested
- Net present value – Measures the value of future cash flows today.
- Internal rate of return – Metric used to measure the profitability of an investment taking into account the time value of money.
- Equity multiple – How much money can be made on the initial investment
Inspect The Asset
- Identify updates and/or rehab costs
- Work costs into the numbers
Submit And Negotiate An Offer
- Prepare for a best, better or worst case scenario
- Remember to trust your metrics, stick to your plan and know when to walk away.
Close The Deal
- Set up insurance
- Prepare for renovations (if necessary)
Find Tenants
- One of your most important assets are the tenants.
- Verify employment, check credit, references etc.
Manage Your Rental
- Can hire a property management company or self-manage.
