Are you a realtor looking for more business?
REGF is looking to buy properties that are good value for money. We are looking for a steady stream of good value properties that meet our criteria, which include characteristics such as being undervalued or needing a new owner to upgrade to improve value and/or increase profitability.
Below are some of the projects that REGF is interested in pursuing:
- Single family residences that could be subdivided or have been subdivided,
- Multifamily units and commercial properties that have a steady, reliable income stream or present opportunities to increase income,
- Properties that show potential for upgrades or an expansion such as a commercial property or a mobile home park,
- Undervalued properties or listings that have been on the market for a while and the property owner is motivated and willing to move on price, and
- If your client has a property that they want to move without all the hassles of a public MLS listing, we will entertain those as well (REGF would require comparable information sent in the initial information package to justify the price).
As previously mentioned, REGF is looking to pursue real estate holdings with good capitalization rates accompanied by fundamentally sound structures or properties with redevelopment potential in areas with strong growth forecasts. If you have a property that meets our criteria, please forward the listing to us. We will let you know if we start receiving listings that do not align with the scope of our property parameters.
We understand that there is not a perfect property. Our expectations are that negative features on properties will be disclosed to us in all deals. The property’s shortcomings may not be a deal breaker but if they are not disclosed to us and if the realtor should have been aware of such matters and we were not informed upfront or in a timely manner, the relationship would not be able to continue successfully.
We are in the start-up phase of our fundraising campaign and once we start gaining momentum, we will be well positioned as we move forward. There are always new investors coming on board so larger deals that were not a fit last month may work this month.
Thanks,
REGF Property Development Ltd.