MILLENNIUM CONSULTING SERVICES
We are committed to providing our clients with superior real estate investing knowledge to help them successfully build lasting wealth in the Washington DC metro region.
Win By Working With A Real Estate Investment Team!
There are six key variables you need to have to be a successful real estate investor. Millennium specializes in helping clients build a strong, knowledgeable, and experienced team to depend on for their real estate investments in Washington, DC., Virginia, and Maryland area.
Property Acquisition – An acquisition team like Millennium helps investors identify and locate profitable investment properties. As a real estate investor, it’s imperative to keep an active portfolio of properties at all times. Our Acquisition Team consists of brokers, banks, deal scouts, inspectors, appraisers, and marketers who will help you find quality opportunities. Once you decide to sell, they work hard to derive maximum value from your investment.
Equity – When the day comes to sign a deal, you’ll need Equity to purchase your selected property. When financing a purchase, the equity you need is the amount of money needed outside of what financing covers. Equity can be secured from individuals, business entities, or a group of investors. When investing as a group, laws and regulations may apply. It is always a best practice to check with your own legal counsel, as well as your local, state, and federal authorities for applicable laws. In many cases, a consultation with a qualified Securities and Exchange attorney helps provide clarity in pooled investment activities.
Financing – When you are not planning on paying cash for your entire real estate investment, finding favorable financing options is the key to making more lucrative deals. Our strong relationships with local and national lending institutions, mortgage brokers, and private investors are helpful for securing the funds and financing you need to purchase your next investment property.
Legal – Having an experienced and skilled legal team on your side is extremely important when you’re involved with real estate investment activities. Attorneys help protect their client’s interests when they are buying, selling, or holding real estate assets in their portfolio. Typical tasks they assist with include contract creation and enforcement, setting up appropriate legal structures for leases and other related activities. Their services pay for themselves by helping you avoid making expensive mistakes in your business dealings.
Property Management – After purchasing an investment property, a competent Property Management Group simplifies the administration of your property. They serve as managers for your sites, alleviating the need for you to become involved in repairs, maintenance, landscaping, as well as screening potential new tenants and collecting monthly rent. For best results, we recommend working with a property management company that has an established reputation and a track record of success. This helps assure that they will work hard to derive the most value out of your investment properties.
Accounting – Accurate accounting is imperative to operating your real estate investment profitably. As an investor, you should always have your finger on the pulse of your investments, so you know which properties are profitable and which ones are under-performing. By having your financials in order, you are empowered to make smarter business decisions including when to sell, how to set rental fees, forecasting income, tax-planning, and establishing how much money you need on hand to make capital improvements at your properties. If you are evaluating investment properties that do not have up-to-date financial information available, these investments should be thoroughly vetted and inspected before purchasing them.
Contact Us today if you are interested in learning more about real estate investment opportunities in the Washington DC, Maryland, and Virginia areas. We are here to help!