David Osio is a real estate investor who is well-regarded in the real estate industry for being a leader in both residential and commercial real estate. Through his group of companies, the Davos Real Estate Group, he has provided a number of different services to his investors, including financial investment advice, market knowledge, capital for investments, and even financing options.
One way that David Osio has benefited his clients is by providing customers with the tools necessary to make informed decisions. One great investment that an individual can make is the decision to purchase a piece of investment real estate. While it can be a great financial investment, many investors do not go into the investment fully informed about what all of the costs could potentially be.
The Davos Real Estate Group has recently launched a new application that will give all potential investors all of the tools they need to ensure that they are making a good long-term investment decision. The application will act as a checklist and financial model to ensure that all of the potential expenses are recorded and accounted for. The application will ask you for information regarding basic revenue, such as rental income, what local vacancy rates are, property taxes, mortgage information, and insurance. While investors often recognize those expenses, the application will also ask for other expenses such as maintenance, association dues, and utilities that can dilute the investment return.
Once all of the information has been received, the calculator will be able to give you a breakdown of what the realistic income potential of the property will be. This information will include what net income is, what your free cash flow will be, and what the long-term return on investment can be. This information can also be used to compare potential investments side-by-side to make a more informed decision.
The tools provided by the Davos Real Estate Group can also be used to find ways to save on expenses to make a financial investment more accretive. This will include providing tips on how to save on utilities and maintenance costs, tips on how to negotiate real estate taxes with the local county, and tips on how to ensure that the property stays full to reduce vacancy expenses.
Follow Osio on Twitter @davidosio1