Eugene Gorab leads Connecticut-based real estate private equity firm Greenfield Partners as president and CEO. Eugene Gorab and Greenfield Partners cover a variety of tasks in real estate investing, including due diligence. An important part of every real estate transaction, due diligence entails: - Knowing the market. Real estate investors have a big advantage when they invest in familiar markets. For this reason, every investor must have a good understanding of the markets, including market fluctuations, rental demand, and average prices in the area. - Researching the history. Ownership history may seem unimportant, but it can reveal much about the care a property has received. Foreclosure and length of ownership may provide clues about the way previous owners have treated the buildings and land. - Inspecting the property. Investors must have a licensed inspector go over the property. During a property inspection, inspectors may spot water damage, structural issues, and other major problems that will affect the price of the property.
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AuthorCurrently, Eugene Gorab serves as the President and Chief Executive Officer of Greenfield Partners, LLC, a company he founded in 1997. Archives
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