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developer: Resort Investing: What should you look for? - 07/06/07 10:56 AM
With Baby Boomers retiring, the potential sales opportunities in resort areas are great. Here are a few tips for your investors: 1. Look for an Immediate Equity Position-Purchase at the pre-development stage and you will have the potential for a larger equity position. Although developers can not predict the future, they should be able to give you historical precentages. 2. Instant Guaranteed Income-Many developers are offering an optional Fixed-Income Property Management Agreement (leaseback). This agreement will allow the developer to lease the unit from the investor for a period of time while they develop the resort. This income should cover the investor's carrying costs during the lease time period. 3. Make sure
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developer: Other than commission....... - 01/12/07 03:38 PM
Developers in Florida seem to be pulling out all the stops where it comes to approaching brokers to market their properties. Seems great on the one hand, however are these properties marketable? When working with developers, a lot of things can be negotiated that will keep your clients wanting to invest over and over. For example: Special discounts for block buyers News about new projects, before they are released to the public Pre-development stage opportunities On-site sales representatives for re-sale of properties No time restrictions with regards to holding the investment property before "flipping" Wholesale prices Your investor clients will appreciate the work you do before presenting the opportunity to them. Happy selling!
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Valerie Hardin
Fort Myers,
FL
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