You must commit yourself and your team to investing wisely in properties that can be renovated and managed efficiently with quality service. Do this and you will add value to the property when it comes time to sell with a great return on investment for investors. Make the extra effort to get to know the local community and improve the properties you are Stanley Xu invests in renovations and responsive property management services. Always look for the future and to the potential of any property you are investing. Your investment should be based on the property, along with potential improvements and the potential of the neighborhood around the property.
Make wise real estate investments says Stanley Xu, by using a long-term vision and commit to the improvement of your investments. Your practice should have a strategy that adds value to undervalued properties with potential but also has flexibility. You will greatly benefit if you have a Plan B or Plan C should things change in the market. You need to consider more than just the potential in all of your investments and decisions; you should also consider a contingency plan. Make the effort to contribute to the real estate scene while making your investors and lenders happy.
Stanley Xu of the Longwell Company, a real estate investment and development firm, has been involved in the purchase and sale of many properties near his adopted home in Bellevue, Washington. He has owned as many as seven large apartment buildings in the area. Some of these properties include The Conner Building in downtown Bellevue and The Madison at Fairwood in Renton, just South of Seattle. Xu also purchased and refurbished a large apartment building in West Seattle previously owned by Mastro Properties.