If you’re looking to get into investing in executive real estate, there are a few things that you should be looking for. One involves one main thing: location. Next, the condition of the property. Another thing you will need is a great executive property management company.
It’s been said more than once that real estate is all about location, location, location. That is very true. When investing in executive real estate, there are several things that make the location key: the services found near the property. Since most people interested in executive real estate properties are executives, having things like hospitals, business centers, office buildings and great schools are exceptionally important.
Those who can afford to rent this type of real estate are doctors, lawyers, engineers and so forth. Married ones will most likely have families and be in need of schools. They will expect to only send their kids to the best, whether public schools or private, so being located near the best executive real estate is key.
Top Notch Updates
Next thing to look for is a property that has been or can be updated. If you have the money to make top notch updates, then find one in a great location in need of some tender loving care. If not, then find one that has been updated with only the best. Executives expect the best. Kitchens and baths should be granite, marble, high end cabinetry. The best, top of the line appliances. Hardwood floors, travertine or marble tile flooring. Also look for touches like crown molding, technology and security systems. Then make sure that the home is fully furnished, stocked and move in ready.
The Best Management
Lastly, hire the best executive property management company. Hiring the best will mean that the property is leased to only the best, most qualified tenant. They will also make sure that it is kept up to your high standards, take care of any repairs that could be needed, collect the rent and make sure that your investment is protected.
Want to find out more about investing in Executive Real Estate? Give Tena D a call today! 303-452-5853