Whether purchasing a new home or investing in real estate stocks, first time buyers and investors should make it top priority to consult experts to help walk them through the entire legal and financial process of acquiring a property or a portfolio, in the case of stocks. Investing in real estate business is, and will be in most cases, a long-term relationship. Getting professional help prior to investing enables the prospective buyer to effectively weigh the pros and cons before signing the deal.
The following professionals can assist the buyer in making an informed decision regarding real estate investment:
•
Real estate agent
•
Financial planner
•
Lawyer
•
Tax expert
•
Building inspector
•
Property manager
It should be noted that commissioning advice and services come at a price, so it is best to seek well-connected professionals who can recommend experts in the same pool and, most importantly, direct the buyer’s decision-making to the right path.
Planning well and early relative to big financial decisions gives the potential buyer more time to study options available in the market. A lot of tools and informative articles as well as guides for calculating the return on investment of a real estate purchase are available online. Aside from researching and learning from the said platform, consulting with a professional is still the best option and will likely yield invaluable pointers that will pay off.
Steven Bettinger is a partner and co-founder of Acquire Real Estate, a real estate crowdfunding initiative. He’s the go-to guy for real estate financing and consultation services. Follow this Twitter account for the latest updates and services in investing and real estate.
