PROPERTY MANAGEMENT SYSTEM HANDOUTS (NOV 13, 2023)
Property Investment
• Complex system of practices and techniques that ultimately end in 1 thing (Making a successful property
   sale and earning a profit in the process).
• Include Commercial and Residential investment
• Rules vary from country to country
Why Real Estate Investment
Typical Property Investment Process
• Setting financial vision
• Accessing your resources
• Strategy development
• Research
• Cash flow analysis
• Pre & Post settlement milestones
• Property investment review
Real Estate Portfolio
   • Collection of different investment assets that are held and managed towards achieving a financial goal.
   • Diversified  Reduce risk and improve returns
   • Identify your objectives and know the “numbers”
Back to basics: How to increase property values?
• Raise market rent
  – Raise modestly per year vs. hitting with a major     all at once
  – Reduce Turnover
  – Moving out almost certain lost in rental income
• Develop a market niche
• Maintain and Renovate the right way
    – Not just get rich quick mindset
•    Cutback operating expenses
    – E.g. Old Lighting to LED
•    Scrutinize property tax assessment and take advantage of tax benefits
•    Improve cash and improvement management
•    Keep abreast of market trends
Property as a Global Asset
• Expectation of Income
• Associated risks
Consideration in Evaluating Real Estate Properties
• Financial statement
• Return on Investment
• Management cost
• Future Trends
Real Estate is the natural choice for many investors, They’re initially attracted by?
• Relatively fewer market fluctuations compared to stock exchanges.
• Healthy cash flow with regular income coming your way.
• The ability to achieve capital growth by selling a property and pocketing the profit.
• The potential to be fairly hands off and earn passive income
Successful Real Estate Investing Lessons
• You’re not going to get rich quick buying real estate. It takes research, time and planning.
• See a property before you buy.
• Expect the unexpected.
• Be humble you can learn a lot easier by asking questions and researching than by making mistakes and
   paying for them.
• Have good professionals on hand so you can ask for help when you need it.
• There is always something you haven’t thought of
• Make your mistakes on smaller projects before you step up to bigger one’s.
• Know how long to hold (when to exit)
• Setting goals for each property is as important as actually buying properties.
• Remember its about location, location, location but also term, timing and government.
• A good price doesn’t necessarily mean a good deal, Do due diligence.
• Talk and have open communication to your investment partners.
Untapped Potential
   - Those income properties that are tired and worn and have extensive deferred maintenance.
   - Those that are physically sound but poorly managed