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			Real Estate Investments That Make Sense Our mission is to provide unbiased information and advice to residential real estate investors nationwide. Steve Setka, the owner and primary consultant at Nationwide, is available to provide you with information and insights that will position you to acquire income property investments with a high probability of yielding an exceptional return with a minimum amount of risk. Real estate investments are an essential componant to increasing level of wealth.



			INVESTMENT ANALYSIS When considering the purchase of income producing property, a considerable amount of time and effort should be devoted to understanding current market conditions, anticipating future market changes, analyzing the past financial performance of the property, and projecting the future financial performance. Most investors do not have the time, experience, knowledge, or resources to effectively ascertain the viability of an investment under consideration. In many cases, their real estate agent does not have the ability, time, or desire to assist in a detailed and comprehensive evaluation. The consultants at Nationwide Real Estate Consultants are available to help you identify the critical areas that need to be considered, get the required information and documents, evaluate all the information to determine if the property has an acceptable probability to meet or exceed your projections, and establish an appropriate purchase price range. The appropriate price for an income producing property should be based on future cash flow. So, accurately predicting the future financial performance of a property under consideration is critical. The first step is to go over the past financial statements to determine how the performance of this property compares to the average performance of similar properties in the area. The next step involves analyzing the economic data in the past and present to create a base-line and to determine the short-term direction of the critical factors, such as employment creation, population growth, construction costs, occupancy rates, turnover rates, and average rents; using those findings as a starting point, you must then consider likely and unlikely economic changes that will have a positive or negative impact on your income projections over the long term. The final step involves knowing the current stock and planned construction of competing properties needs to be determined; it’s also important to determine if it’s likely that building competing properties will make economic sense in the short and long term based on anticipated rents and construction costs. When all this information is gathered and research is complete, worst case, moderate case, and best case pro-forma income and expense statements need to be created for the anticipated holding period of the property; at this point you can calculate the appropriate purchase price range for the property.