What checks are made when you source properties?
Published on 2nd May 2008 by Don Ross
Question: What checks are made when you source properties?
Answer: Our checking process, sometimes called due diligence, is among the most extensive in the property investment marketplace. Even though we deal only with top line developers, whose name and reputation carry some weight in their own right, we still look at all aspects of location, popularity, growth potential, rental potential, resale potential, as well as all legal and licence aspects of the development. We also confirm the reality of the discount and have the rental yield predictions verified. These checks are even more important when dealing with overseas property as we also need to investigate local bye laws and regulations prior to offering the property to our members.
Don Ross
General Manager of Ward & Co, has a vast range of experience in both financial services and property development. As an international speaker he has provided the inspiration that has led to wealth creation around the globe.
