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Apartment Conversion Options
There are many options that an apartment seller can use to reap profits in the sale of an apartment unit which includes condo conversion Chicago Illinois:
1. Sell the building as a whole to another investor who may keep the units as part of his real estate investment portfolio, which may include a condo conversion in the future.
2. Converting the units into seperate condominium units
A. Rent them out as seperate condominium units ( condo units tend to rent for more money)
B. Convert the condo units to sell to the real estate buying public.
C. Invest shares with a group of other investors.
3. Condo conversions are not for everyone or every building unit. Consult your financial advisor and get legal assistants before investing in any project.
To contact Arthur Dusenbury you may call him at 888-589-Home (4663) or you can fill out a client information request form. He will get back to you within 24-48 hours. Telephone is the best option. |