Traditional approach to find and purchase commercial estate works...
Works traditionally: long, with mass of useless activities and time spending.....:
What realtors generally do:
Just finding real estate facilities under requirements.
Just provide legal assistance.
Not all real estate brokerage providers differentiate buyers and investors.
We can use this model for investment purposes.
Within Extended purchasing model we do much more:
Extended purchasing model description:
Get the requirements to expected rental profitability and a budget of investment,
To inform about current variants, their rental profitability and a quality of tenants, the % of vacancies and last trends in vacant spaces,
To calculate possible variants with extended purchasing model: rental profitability, valuation growth of an asset, ROI in 5 years investment period,
To offer the best 3-4 variants,
To choose an optimal variant to purchase,
Buy the land plot,
Prepare a draft of the purchasing contract,
Make a complete assistance of a deal,
Define a payment method, reliable for both sides of a deal,
Organize a transfer of a property with signing a transferring document,
NEXT:
Choose the best prefabricated buildings deliver / contractor with the best prices,
If it is necessary - organize a tender for selecting of deliver / contractor,
Organize the process of obtaining of construction permit,
Choose a contractor with the best price (if a prefabricated buildings manufacturer is not a contractor for building installation),
To organize signing contracts with utilities providers,
To supervise for construction process,
To hire a qualified engineer for technical supervision of construction process,
To get a permit on commercial exploitation of the facility,
To manage of facility on behalf and for the interest of the owner,
To hire a qualified engineer for technical maintenance of the facility,
To attract long-term tenants for the best terms,
To manage lease relations ,
To provide bookkeeping and legal assistance connected to the property - to hire qualified lawyer and bookkeeper for this purpose,
Next:
To send regular reports to the owner about the technical state of the property.