Every property investment should have a clear goal, e.g.
- Investment
- Attractiveness of the property investment?
- Emotional buying decision?
- Portfolio-based purchase decision?
- Scope of investment?
- Individual investment as long-term aim?
- Multi-property strategy (portfolio theory)?
- Risk reduction by investing in several properties?
- Property diversification
- Country
- Location
- Property risks
- Tenant risks
- etc.
- Reliance on financial options
- Reliance on the organisation or management resources
- Risk awareness when opportunities are limited
- Risk monitoring
- Property diversification
- Attractiveness of the property investment?
- Principal sum
- Equity capital
- Borrowed capital
- Borrowed capital amortisation / refinancing from property returns?
- Life cycle of the investment property (presumably renovation date or date of a replacement newbuild)
- Duration of investment (years or indefinite)
- Holding period of the property (due to e.g. degressive land tax rates)
- Minimum yield
- Pre-tax rate of return
- Yield after (land) taxes
- Investment control
- Investment analysis
- Controlling
- Exit requirements
- Exit strategy