The economist Keynes once remarked, that in the long term, everyone is dead. How does this apply to the BuildSmart approach you ask? Well, in the old model of steadily rising home prices and an active market, home buyers were curiously uninterested in the actual price they paid for their home. What was more important was the initial monthly payment. The assumption was that whatever you paid for the home was unimportant since it would quickly be worth more.
The most radical form of this was the practice of flipping. In flipping, you could tie up a property say a new condo under construction with a small deposit, once completed, you could resell the condo and pocket the difference between what you paid for it and the new (higher) price.
This was speculation, pure and simple. If you made money flipping properties, you no-doubt felt pretty clever. Speculation however assumes an environment of rapidly rising prices. Without this environment it makes’ difficult, if not impossible to make money speculating in real estate.
BuildSmart's approach focuses on creating long term value that can ride out market fluctuations - it's not a model for flippers looking to make a fast buck. If you are a home buyer or owner who is in it for the long run, then BuildSmart is for you. Our approach focuses on understanding how a property can be enhanced for maximum value, in the most affordable way imaginable for the home owner.
When we say we "turn owners into builders", we also mean a number of things: professional builders look at home renovation remodeling differently than the public - we'll help you see your project through those same eyes; and with BuildSmart, you'll also become a "builder" of value and equity. Call us today to explore how we can help you.
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