BUILDING
YOUR NEXT
FIX.
From the first look at a property to the day you exit.
Review the decisions that matter, step by step.
From the first look at a property to the day you exit.
Review the decisions that matter, step by step.
FIX organizes the key decisions around a property into a practical sequence you can review for yourself.
Before evaluating a property, clarify where you stand and what you are trying to achieve. Defining your objective, conditions and likely constraints makes it easier to decide what deserves the most attention later.
Review price, income, rights, building condition, location and operation in sequence so you can see what to check before deciding on a property.
At the contract stage, review more than the price. Terms, rights and key confirmations should be checked again in a clear order before signing to reduce the chance of overlooking an important condition.
Once you own the property, the original purchase decision is no longer enough. Keep reviewing value, cash flow and maintenance conditions as they change so the current holding position remains visible.
An exit decision should compare the case for continuing to hold with the case for selling. Review the current position and likely future conditions together, then define the criteria that will guide the decision.