ACQUISITION PRACTICES
At Artishuk Property & Development we understand the importance of building relationships with local listing brokers to access their “pocket listings” and other Bank Owned Properties (REO). We like to make a point to contact owners directly instead of waiting for properties to come to market allowing us exclusivity.
Potential acquisitions undergo a thorough due diligence process to confirm the physical and legal status of the property and verify evaluations to ensure profits are possible to obtain.
Early in the asset evaluation phase, the debt and equity financing strategy is developed based on a number of factors which include: property type, imensity of renovations, expected hold period and investor objectives.
Well-located assets purchased below replacement cost assist in attaining appreciated asset goals.