From the course: Real Estate Analysis Foundations
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Other considerations - Microsoft Excel Tutorial
From the course: Real Estate Analysis Foundations
Other considerations
- If you're investing by yourself, you don't have to think about any of these things. But chances are, if you're going to be investing more seriously and if you're going to be looking at commercial assets or larger deals, you're likely going to be exploring investing with other people. And some of the things that you have to think about are skills, network, capital, as well as, decision making with respect to every single investment partner. because most likely, not everyone is going to be bringing in the same skill set, or the same network, or the same amount of capital. And you need to process, also, for how to make decisions related to your investment. Decisions like, how much or what kind of renovations to do. Decisions about, who to hire for a broker. Decisions about, when do you actually want to sell the asset. And decisions around dealing with unforeseen or unplanned things. So, when you have investment partners, you have a new set of considerations to think about. The other…
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