Listings

How We Make the Market Work for You!

Finding the right property for the investor is sometimes a very complicated assignment. It takes not only open communication between the investor and Team Gerchick; but the ability to meet all of the needs of the investor’s real estate portfolio.

First, and foremost: Team Gerchick works with the investor to make sure that we have a clear understanding of short and long term investment goals. We also need to know what quality and size of investment the investor wants to place money into. This is the time to discuss risk tolerance and how much money is to be invested.

Our talent really lies in the fact that we can bring other agents into the transaction for their listings and really find some opportunities that may not be on the market. We continually comb off market opportunities. The relationships that we have developed over the years; with listing agents, banks and pre and post foreclosure companies; allow us to stay on top of the current market trends and what is available for our investors.

Once we have identified the property, we do as much work as possible to make sure that not only from the surface this is the right property, but that both the investor and the property are a suitable match for each other. This takes the resources of our Team, our vendors and the investor.

We also make sure that the property, if it is going to be leveraged, meets the lender’s qualifications and that the investor meets the criteria of the lender’s.

Once we have negotiated the deal and have an accepted contract on behalf of the investor; we then start to make sure that the books and records flow smoothly to the investor, lender and anyone else that needs to review them.

We also want to make sure that the investor is using the best form of an entity to make their purchase. We have made an effort to team up with some of the best CPAs and lawyers to help the investor make educated decisions regarding their entities.

Once all of these things have been taken care of, we will start the physical inspection with the property inspectors—whatever kinds of inspections are required by the investor and the lender are taken care of. This work is done with the least amount of disturbance to the tenants. Sometimes it looks like many people are involved on the same day—that’s on purpose as we try to schedule everything at the same time while everyone is on the property site. Once the reports start coming in, we work with the investor to understand the process. We encourage the investor to attend the inspections, but that is not always possible. Due to this, the Team Gerchick advisor will attend all inspections and take plenty of pictures for the investor. Our goal is for our investors to make well-calculated and fully educated investment decisions.