Potential $2million Inventor from South America?I have a potential investor from South America that has $2million dollars that he wants to invest in South Florida.Should I present to him new developments in housing and or apts, propeties or complex already rented, commercial real estates etc etc?? Should I mix it up? Should he buy only property or several?How would you go about investing these $2M, in real estate?Where do you wee the best ROI?
What role would you be playing in this investment transaction? Are you a licensed real estate agent and have access to investment properties? Do you have real estate agents that you have done real estate investment transaction through before? If you have little or no experience in real estate investing it might be that you would obtain local assistance in this transaction. In the event there is a commission to be made in this transaction you would be able to split the commission. You might would want to inquire of this investor what his desires are as to what he would like to invest in. You should prepare a survey for him as to his desires in investing in south Florida. Once yo know this information you would know exactly what to look for and the mix he would be looking for. Knowing this information would make your job a lot easier as you would be looking for exactly what he is looking for and not throwing apartments, hotels, mixed use property, commercial property against the wall and hoping something stick. Of course you would need a contract from this investor indicating you are the primary agent in this transaction and would be paid a commission once the investment property has been purchased. Without a contract between you and this investor, you are would be working on a hope and wish? Two million in south Florida is not gonna get you very much. I hope this has been of some benefit to you. FIGHT ON
Commercial real estate, multiple tenants, multi use. Retail storefronts and warehouses combined.
I fairly dont think its that easy. I'm reasonably getting began in a similair field and there are tons of matters that have got to be included. You have to find real property people. You want lots of capitol or traders in case you dont have them. Unless you need to run a number of credit. You must have a good eye and understand what you need and what is gona make you money. I might be going to open residences on weekends and continually checking the mls. I would even be following the valuers of residences in detailed areas and see how so much flats are for rent so you recognize what that you may expect. I'd additionally recomend now not skimping on inspectors in view that surprising issues can turn an funding right into a loss. Good good fortune.
