Generally, real estate investors make a living out of buying, selling and owning property. This is why it’s very important to understand the nuances of real estate deals. Making informed decisions and having the right people by your side will not only make things easier, but more importantly, will give the highest return on your investment with the least risk.
If you are a real estate investor who hasn’t tried flipping yet or a seasoned veteran not making the profit you initially forecast, you may wonder how you can actually get the highest possible return on your investment while mitigating your risk. This is where project consulting and risk management services come in.
One of the latest trends in real estate is house flipping (or “flipping”). By definition stated in Investopedia, it is a type of real estate investment strategy in which an investor purchases properties with the goal of reselling them for a profit. Profit is generated either through the price appreciation that occurs as a result of a hot housing market and/or from renovations and capital improvements.
Renovation project consulting and risk management services provide investors with an owner/investor representative.
If the Investor/Owner decides to purchase the home the next step for the consultant is dependent on the level of involvement they want to have. Here are 2 options for Investors once they have purchased the property and want our help managing the project and keeping it on bugdet and
Hands off approach:
Hands on approach:
Definitions and why they benefit the Real Estate Investor
Pricing depends on the size and scope of the project. Please call for a free estimate.