Funding Resources to help you prepare.
This is just an outline of what could be encountered or required for a successful Real Estate Investing Project. If the property is already owned some requirements may not be needed. However, the investor should consider this list in its entirety for complete planning and development timelines that will have a criterial effect on funding.
Real Estate Requirements for your project/property.
§ List,
market and sell properties you wish to dispose
§ Find
the perfect investment property for your needs
§ Find
and qualify tenants for your investment property
§ Facilitate
Deed transfers
§ Facilitate
mortgage and judgment searches
§ Facilitate
mortgage and other lien payoffs
Design Requirements for your project.
§ Measure,
layout and design your subject project area (if plans are needed)
§ Make
material list of your selected finishes
§ Shop
best prices for your selected materials
§ Estimate
cost for your project (receive your budget approval)
§ Solicit
qualified contractors for your consideration
§ Request
bids from contractors you select
§ Validate
the contractors you select
§ Prepare
a schedule for your work to be performed
Municipal Requirements for
Renovation Projects
§ File
for your projects permits
Municipal Requirements for New
Construction Projects
§ File
for your projects zoning permits
§ File
for your projects utility permits
§ File
for your projects building permits
§ Coordinate
your contractors
Leasing and Rental Management Requirements for your projects
§ Facilitate
Leasing applications
§ Facilitate
tenant background checks
§ Establish
rental collection escrow accounts
§ Communicate
with tenants on your behalf
Contractor Evaluation and
Supervision for your projects.
§ Pre-qualify
your contractors
§ Verify
your contractors licensure and insurance
§ Verify
your contractors state registration
Funding for your projects.
§ Find
you the right funding source for your project
Major/Minor Repair Coordination
and Prevention for existing buildings.
§ Seasonal
furnace maintenance
§ Hot
water tank inspections
§ Electrical
problem troubleshooting
§ Window
installation assessments
§ Door
installation assessments
§ Periodic
sewer drain testing
Personalized Notary Transactions
§ Affidavits
and sworn statements
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