At Cullum Group we pride ourselves on our ability to thoroughly assess the potential benefits and risks of every property development we pursue. We have developed and refined our due diligence procedures over many years and our main focus is always on the profitability as well as the potential risks.
Due diligence methods we employ vary depending on the property type, for residential opportunities a strong focus will be placed on the performance of the local economy as well as recent sold prices. Also our research team will make numerous site visits to assess the condition of the property first hand and make sure there are no issues which could adversely affect a sale.
We place a strong emphasis on legals and making sure the right team is in place to draft stringent contracts that will protect our investors. Then our team will liaise closely with the construction company throughout the build process and ensure that all conditions are being met and the build process runs smoothly.
It is of paramount importance that our investors do their own due diligence before choosing to invest and our consultants will be at hand to help with any enquiries throughout the decision making process.
Key factors we consider are:
Local Market – We research the local market thoroughly to understand the potential upside and the downside.
Yield – The yield must meet our criteria, usually a minimum of 6% per year and strong potential capital growth.
Legals – A proficient and skilled legal team must be in place.
Developer – The developer must have extensive experience in both the type of build and building within the local area.
Exit strategy – The exit strategy must provide a clear route to profit realisation with minimal risk to the investor.
Contact us today and let's discuss details with you.