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Team RE Mentor

Five Real Estate Skills Investors Should Know

real estate investing Article 1 min read

Analytical Skills

Analytical skills to properly analyze an asset being considered for acquisition financing are a critical skill set a successful real estate investor or developer must possess. They should also be able to create a business plan and proforma for that asset and calculate expected returns. - Rod Khleif

Seeing What Others Cannot

The ability to see what others can't see is essential. Sometimes the biggest single thing that makes an investment or development work is the vision of the people taking part in the deal. The ability to see the potential in a deal when everyone else can't is one of the greatest strengths an investor and developer can have. - Dan Dutton

Pricing Analysis

Price is the number one driver of sales. A failure to properly understand current market value and future trends will hinder any sales program or investment portfolio from the outset. - Jeremy Finkelstein

Knowing The Market

Investors and developers need to know the market for the type of real estate investment you wish to do. Understand your numbers and ability for ROI. Plan projects within the scope of those parameters. - Timmi Ann Ryerson

Understanding Value Drivers

Identifying currently undervalued assets is key to any successful investment. You make your money on the acquisition. Most fundamentally, understanding value and value drivers are critical to success here. - Brad Savage

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