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Pre-Closing Steps to Create a Great Residential Investment

An investor can easily step back after placing a project under contract and feel that until closing that there is little or nothing to do. Unfortunately, this is a critical mistake. Nothing could be further from the truth. Investors have to look beyond the closing activity and focus on their reports, market studies, and other information to develop plans, budgets, capital improvements, schedules, staffing and service additions to boost earnings, reduce costs, and otherwise secure the investment.

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Investing: Business Appraisal

Investing in a stock is like buying a business. Unfortunately, most investors either don’t understand this principal or are merely looking for quick and easy money. In appraising businesses, there are three main approaches; market, asset and income.

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