The next
rule is also pretty straightforward. If you cannot make a decision without
asking someone's advice or insight, then it is best that you pass this one up
and consider other investment options. If you cannot confidently make your
decision after assessing the information and reports about the property, then
the best thing for you to do is to move on and look for other investment
prospects. Once you are able to cover the rules of engagement, your next
concern will be how you can put them into action. You can adopt these rules of
engagements in order to get the essential information skylarkithaca that you need in making
an informed decision. Here is the list of basic information that you have to
establish before you finally make the purchase:
* Post
repair/rehab value of the property
* Repair cost
* Closing cost
* Repair cost
* Closing cost
On the
other hand, if you are looking at a rental property, then you must be able to
ascertain the potential income from rental payments. The next logical question
that you will ask yourself will be the acceptable price offer. If you are
considering a fix upper, then your proposal must not exceed 70% of the
post-repair value of the property. This will ensure that you still have at
least 30% potential margin after adding repair cost and closing cost to your
price offer.
Property Mart is Leading Real estate Consultant in Bangalore. skylarkithaca from past couple of years offering to Book Prestige New Projects in Bangalore. For Booking Call us on: @ +91 8971315026 and Visit Out official site http://www.skylarkithaca.
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