Learn about the many facets of real estate investing.
As an investor, you obviously want to get the largest return on investment (ROI) possible. We understand this at BuildTech because we are investors too.
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Residential is a term in real estate defining properties that are 4 units and under. They are made up of single family residences such as homes, condos or townhomes. There are also residential multifamily properties consisting of 2 to 4 units.
Residential can be used for many how long does it take to write a 500 word essay purposes. From your primary residence to your 4 unit multifamily property you rent out, residential property is the most abundant type of Real Estate available. Contact us for more details.
Commercial properties can be an excellent source of positive cash flow. Commercial properties consist of office, apartment, warehouse and mixed use. When purchasing these assets, there are many things to take into consideration especially is you are buying the property in a distressed state. You will need to have a great understanding of investing or have joined our mentorship program so we can guide you through the process.
A few items to consider when looking at a property are the area and what it provides to the people that would be accommodating your property, the environmental condition and the structural state of the property. Sometimes sellers will provide a discovery of the property. The discovery will typically give a detailed description of the good, bad and the ugly of the property. You still want to do your own due diligence to make sure you are not walking into a money pit.
Don’t be afraid if the property needs a little TLC or major rehabbing. If purchased correctly, it can be a lifelong income producing assets. Contact us for more details.
That’s quite a claim, but at BuildTech, we understand what your home means to you. You want it to be perfect and as leading general contractors in the Houston Area, perfection is what we strive for.
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