What is required to check before investing in real estate?
Entrepreneur this weekAmiramGottfried.Post 2
What is required to check before investing in real estate?
Hello friends, are you interested in investing? Do you hear offers from all directions? Everyone fails? How do we know with a good investment?
So I'll try to give you some testing tools here.
- Proven and successful business model - check what the business model of the investment is and whether it makes sense to you.
- Motivation for the success of the entrepreneur within the model - check what happens to the entrepreneur at the end of the project.
- The entrepreneur is invested in himself - Is the entrepreneur part of the project or is he selling more and more.
- Executive record - seniority experience and reputation.
- What our counterparts say - look for information from competitors, other companies in the same field and more.
- Financial statements and payment history - check the profitability of past debts, etc.
- Legal reasonableness - what is in the contracts Is everything that was promised anchored in the contract.
True it is not easy to check everything but this way you will avoid mental anguish later on.
we will meet tomorrow
Amiram Gottfried.
Real estate wisely
Responses