When you are considering a piece of property for investment purposes, you’ll want to identify the property’s unique selling advantage. What makes it different? What is its competitive edge? We recommend that you consider these five factors:
- Restrictions on the use of the property (e.g., zoning)
- Location
- Size and quality of the site
- Improvements made
- Efficiency of management
Next month, we’ll cover how to hold real estate in a self-directed IRA or qualified plan. If you have questions in the meantime, give us a call or complete the simple form on the Contact Us page of our website. We’d love to hear from you!