3 STEP REAL ESTATE PLANNING PROCESS
Analyze, Design and Implement
Our 3 step planning process is simple. Our knowledge, experience and powerful strategies are life-changing. Walter Joseph Group works directly with you and your advisor, if applicable, to customize a real estate plan through our analyze, design and implement process.
Step 1: Analyze
- Evaluate current status of the client's real estate portfolio and define goals
- Determine if portfolio is on target with reaching desired goals
- Uncover existing exposures and risks within the portfolio
- Identify portfolio cash flow and liquidity potential
- Analyze current income tax, capital gains and estate tax exposures
Step 2: Design
- If applicable, meet or talk with client's advisors to discuss their input
- Assemble design team for this case
- Determine strategies to minimize exposures & risks within real estate portfolio
- Create the necessary cash flow and liquidity strategies to meet goals
- Choose strategies to reduce income tax, capital gains and estate tax exposures
- Determine options for generosity planning if desired by client
- Provide conceptual plan and implementation timeline for client review
- Make necessary revisions to receive client approval for plan implementation
Step 3: Implement
- Receive approval for plan implementation
- Assign responsibilities for client and their professional team to carry out plan
- Monitor plan and timeline to ensure effectiveness
