Author: Tommie

  • Qualifying Sellers

    Qualifying Sellers

    Qualifying potential sellers is equally crucial for business brokers to ensure they represent profitable and attractive businesses with realistic expectations. Here’s how brokers can effectively assess prospective sellers: Initial Contact and Pre-Screening: In-Depth Assessment: Verification and Due Diligence: Beyond the Basics: Additional Tips: By proactively and diligently applying these strategies, business brokers can effectively qualify…

  • Qualifying Buyers

    Qualifying Buyers

    Qualifying potential buyers is a crucial step in finding the right fit for your client’s business and ensuring a successful sale. Here are some key strategies business brokers can utilize to effectively qualify potential buyers: Pre-screening: Financial Qualification: Experience and Fit: Verification and Due Diligence: Beyond the Basics: Additional Tips: By diligently applying these strategies,…

  • Property Research

    Property Research

    Before Buying Here are some questions an investor should ask owners before buying an older Class C or less apartment building: About the building: About the tenants: About the neighborhood: About the owner: In addition to these general questions, investors should also ask specific questions about the building and neighborhood that are relevant to their…

  • 5 Key Factors to Consider When Choosing a Real Estate Location

    5 Key Factors to Consider When Choosing a Real Estate Location

    Location3 Location, location, location. It’s a mantra drilled into the heads of every aspiring real estate investor, and for good reason. A property’s location can make or break its value, often trumping even the most impressive property itself. So, when it comes to choosing where to invest your hard-earned cash, it’s crucial to do your research and identify a winning location. In a Nutshell…