Estatedia

CVEA Chairman Tips On How To Profit From Real Estate

  • The investment in which two to ten people form a partnership and pool their money to buy real estate for investment
  • Investment with licensed companies has the right to handle the financial funds obtained through joint ventures of small partners to form capital for investment in large, successful projects.
  • Investors need a method for beginning from scratch to identify sources of information relevant to our investment potential in areas like residential or land types, or sort of investment, type of company,

PHNOM PENH: Mr. Chrek Soknim, President of the Cambodian Valuers and Estate Agents Association (CVEA), today outlined three critical principles for successful investment and significant returns with the propertyarea media.

Mr. Chrek Soknim stated that the following three tactics have been implemented and yielded positive results:

  1. Individual Investment

This is a sort of investment in which two to ten people form a partnership and pool their money to buy real estate for investment, with the goal of sharing profits in the future by dividing dividends according to the percentage of the joint capital.

What steps are required to minimize hazards and increase success rates? The answer is in grouping, which includes a division of power, performance, responsibilities, and work.

Teamwork allows team members to refine and nourish their skills so that they can see the bigger picture of the industry and advance more quickly.

2. Small Group Investment

Most licensed companies have the right to handle the financial funds obtained through joint ventures of small partners to form capital for investment in large, successful projects of this type of investment. Most of the time, a licensed organization that manages the financial fund makes a clear assumption of time.

3. Joint Venture with Licensed Financial Fund Management Firms

Investors need a method for beginning from scratch to identify sources of information relevant to our investment potential in areas like residential or land types, or sort of investment, type of company, must be based on the interests and additional consultations of Cambodian real estate agents who are members of the association, which includes more than 120 businesses and over 3,000 agents throughout Cambodia.

Mr. Chrek Soknim remarked that while all three investment bases above have the same chance of receiving dividends, it is critical to study, analyze, and gather knowledge before opting to invest in one of the most significant. Engage enough people or hire a lawyer to protect and defend your interests.

He added: “More importantly, you can consult with members of the Cambodian Valuers and Estate Agents Association (CVEA) at no expense for information sources and the drafting of essential paperwork.”

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