Quote:
Originally Posted by alexft
Frederick,
I suggest you to be on lookout for the near future launches, buy as early as possible to obtain best price, buy with the friends to get extra discounts. If you don't have friends willing to co invest see if folks on this forums might be interested. I can send you information about few upcoming projects if you wish. And yes very important read all small print carefully before signing legal documents.
If you manage to buy something similar to The Emirates City at pre launch prices you will likely to earn good return.
Regards,
Alex.
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Yeah...as the saying goes " cross the T's and dot the I's". Helps to take a draft of the contract and get legal help. Not that the developer will change the contract ( as he has his own legal team working with him ), but it's good to know what you are going in for.
Note : When going for a group of investors, all should have the same exit strategies.
Regards
Roshan