This is Ken Van Liew in a Radio interview with CBS
Time : 1:17m
Here are two simple questions?Do you want to learn how to identify your real estate market, investment criteria
and filter the best deals into your pocket?
Do you want and have other people do the work for you?
Let me show you what I have learned over the years so you dont get stuck
performing analysis paralysis and never finding what you want. With investment
criteria and direct focus on what you are trying to achieve and the ability to
convey this message in your delegation of tasks is half the battle. It will help you
streamline your success. Since it only takes one large deal to hit big why waste
time spinning your wheels in your wrong direction. Below I will show you a quick
thought process so you can create your investment criteria into the form of an
executive summary so you can use this as the basis for brokers to focus on your
real estate and financial goals for you.
The first thing you want to do is determine the market when you are seeking real
estate investments. The choices are Residential single family homes, condos,
multi-family, apartment buildings; Commercial – office, condos; Retail – shopping
malls, high end; Industrial – large box; Special projects golf courses or driving
ranges, ice rinks, recreation; Senior Housing assisted living, nursing homes,
geriatric families, etc. There are several market to choose from and different
experts in each market that will work for you.
For more great tips like this check out the book
Once you have determined the market you are seeking you MUST find a real
estate broker that specializes in this area of real estate. It also make sense to find
brokers in each of the areas noted so you are diversified and fully prepared for any
deal that meets the financial criteria you establish that will allow you to attract
investors. This also allows you to be prepared for the different cycles in real estate
which occur periodically depending on many variables such as supply and demand,
inflation, divorce rate, emerging markets, employment etc. For example, Continue reading Ken Van Liew – Articles