Real Estate has produced many of the world’s wealthiest people, so there are plenty of reasons to think that property is a sound investment. However, as with any investment, it’s better to be well-versed before diving in with hundreds of thousands of dollars. In order to ensure you are patronizing a competent property investment company ensure that they provide bespoke services to clients in three areas:
- PROPERTY SOURCING: They must be able to offer property sourcing service for a variety of client requirement. Dealing with the range of serviced accommodation for holiday makers, residential/commercial properties and vacant plots of land for property development as an investment.
- PROPERTY MANAGEMENT: They must be able to assist clients with managing their property portfolio. Management includes renovating and refurbishing the property in order to maximize the property’s capital value either for a resale or for housing tenants. Where the investor desires to let out the property, the company should be able to attract quality tenants, finalize the letting process, manage the ongoing tenancy including rent collection and dealing with maintenance issues.
- PROPERTY DEVELOPMENT: They must be able to assist clients’ project manage property developments. They will assist with sourcing, appraising and purchasing the property. They will undertake the planning permission and commission contractors and other suppliers. Supporting clients in providing high quality housing and housing management services to private tenants. They will also consult clients to help establish their investment goals, and then agree an appropriate product as well as an exit strategy.