Montreal real estate prices - Property Investment guidelines for the rookies from Montrealex

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 17, 2012 -- Montreal real estate prices : Investment guidelines from Montrealex telling rookies home buyers the correct procedure and effective home buying process. Here we have given some important home buying tips for rookies home buyer. Buying and selling real estate is a highly risky venture. In order to minimize the risk, we've given some methods to manage the decision making process inherent in real estate investing.

Buy properties only from Motivated sellers,

Through the company's marketing efforts, we actively seek out motivated sellers with an identifiable, perturbing issue which forces them to sell their property at discounted prices. Common types of distress are personal financial pressures are joblessness; relocation; divorce; health problems; and inheritance of unwanted property.

Buy properties at Wholesale prices; Resell properties at Retail prices,

The key to the company's investment strategy is in buying properties at wholesale prices. At the heart of the company's strategy is the ability to identify and secure good deals, targeting properties which can be purchased for at least 20-25% less than Retail value. If targeted correctly, buying discounted, below-market properties will suddenly yield positive returns. We can either assign the sales contract to another investor without taking possession of the property; rehab and resell the property at a retail price; or hold the property as a long-term rental investment.

Ensure the type of housing,

The expected date of completion for landed properties such as bungalows, semi-detached houses and terrace houses is actually 24 months from the date of signing of the Sales and purchase agreement. Subdivided buildings such as condominiums, apartments, flats and townhouses, the expected date of completion from the date of signing of the SPA is 36 months. Rookies home buyers are advised to obtain complimentary brochures from housing developers, which states all necessary information such as the developers’ license number, advertisement and permit.

Establish and follow a Goal-based timeline,

Setting goals and then following through with each goal is imperative for planning our business. We know that investing in real estate cannot be entirely planned, since the actual speed at which properties are bought and resold is not something we can accurately predict. Nor can we predict market conditions. Following a goal-based timeline keeps us moving forward in achieving our objectives.

Build and rely on a team of Professionals,

We actively build and proactively use a team of professionals with deep experience in real estate investing. We enthusiastically participate in our local real estate investment association, taking advantage of the educational opportunities as well as the opportunity to meet other investors.

Develop and follow Exit strategies for Each property and for the Company,

We have a clear strategy for the intent of each property before we make an offer to buy. Just as importantly, we've developed an Operating agreement which clearly defines how the company functions, including specific methods to cease all company operations, close the company, pay all debts and divide the company's assets between the owners.

We wish you the best of success in your Real estate ventures.


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