Day: 23rd September 2015


Real Estate Investment Strategy #3: Book–Sell

One of my favorite real estate investment strategies that works well in Sweden is Book-Sell (read here about Buy-Repair- Sell and Buy-Rent- Sell ). Book-Sell  involves new construction projects where you book, for example, an apartment at a planned building site and sell it before the  house and apartment are even finished. There are a lot of construction companies out there with a long-standing history of building and doing business. The Purchasing Process First you need to locate a building project. Search the net and you’ll find what you’re looking for. Next, after finding a suitable project and location, contact a broker about selling you one or more of the apartments. Once a real estate firm has accepted you as a client, you will need pay anywhere from 20k – 50k (SEK) as a booking fee, then 8-10 months later you will be required to pay and extra 80k – 100k (SEK) to secure the ownership of the real estate (binding agreement). Booking details vary with different construction companies, but for the most part, they are all very similar. (Pros) …