Are you really ready ready top make an acquisition?
Before you begin looking at other opportunities, make sure your own house in order first.
Have your Rent Roll in order and your property management software up to date.
Contact us to do a “Health Check Report” on your rent roll to make sure all is in good order.
We will provide you with a detailed report on your rent roll, make recommendations of things may require some attention, and provide you with an opinion of market value. We will also offer some preliminary insights in relation to your potential acquisition capacity.
Prior to approaching a specialist real estate business or rent roll lender.
Put your accountant and bookkeeper on notice. Have your facts and figures up to date.
Have for financial statements in order. Last financial year and the current year to date.
Get your tax paid.
It’s not a great look as far as potential lenders are concerned if these things are not in order and up to date. Or, it takes you a month or two to get the information they request back. So be prepared.
Even if you don’t end up making an acquisition you will benefit from the “Health Check Report” by having a better understanding of your rent roll asset and how to maximise its value today and into the future.
Contact us today for a strictly confidential, obligation free chat to find out more.
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