Do you analyze a property...
By mlhuff12
@mlhuff12 (797)
United States
November 2, 2007 6:07pm CST
I'm starting to look at investing in real estate and I am trying to figure out what all goes in the anaylsis process...Real estate investors, when you do a discount analysis on a property that you are thinking of purchasing what all do you include in it? or Are there any investors out there who don't analyze the propertys at all? Ever got burnt buy having the numbers wrong on you analysis?
1 person likes this
1 response
@goodsign (2287)
• Malaysia
2 Nov 07
First and foremost I will ask for salient Property Valuation Report. The Current Market Value, Force Sale Value and Future Market Value for the said property.
Next I will take my property site visit to ensure that the written reports is really genuine on the facts and figures to personally confirm the real estate value.
Finally I will check with the related District or Municipal Office of that property landed to clarify the future development that has been planned within the vicinity area from that property.
After those stuffs satisfied my decision making support system, I will make my investment to that property, promptly.
And thats the way how I work for my property investment. And so far never fails.
