A commercial real estate should be thoroughly researched and understood in regards to packaging the property available as an investment. You as the realtor in marketing the property need to get all the appropriate information into the promotional package.
An investment property consists of a number of important elements around which you can build the primary promotional package. The key components are:
The lease or cash flow
The tenant profile
The improvements in the property
The neighborhood area and growth or change coming from it
Supply and demand for land and rentable space in the Region
Buyers want to know all of the details when it comes to contemplating the purchase. Importantly you need to give the ideal details and tell the story to the marketplace. That’s where you prepare an information memorandum for the property and make it accessible to qualified prospects at the marketing of their property. You can also find Property for Sale at the Best Price at http://www.huahin-property-agency.com/villas-and-houses.html.
Here’s a checklist that will aid you in the process of packaging the house for marketing. Your information memorandum will be constructed around this material.
A tenancy program for the property is necessary. The tenancy schedule has to be accurate in every detail. That means it has to be assessed against the rentals in the property. That means you’ve got to read and translate the rentals yourself. This task isn’t something that may be passed over lightly or given to somebody else.
A list of revenue and expenditure for the property will be necessary. That is both historically within the past 12 months as well as the present income and expenditure budget. Property buyers want to know what the property has done financially and what it’s doing now in money flow. This figure should have relativity into the tenancy schedule above.
Any vacancies should be identified so the buyers can see the excess rent which could be obtained from the promotion and renting of the vacancy.
A list of current building outgoings should be supplied so that the buyer can see how they affect the cost detail provided earlier.
A summary of the improvements in the house jointly with photos, drawings, and plans of the site. Importantly this detail has to be true in every respect.
Particulars of the demographics of the local area will help the buyer know the place. Give due respect to access from highways, transportation, labor supply, and other companies.
These basic points can contain substantial detail. Significantly you need to check all information before it is used in the house marketing. Truth is critical today as authorized claims and damages can and usually do result.