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STEP BY STEP

 

Small steps make the big picture to the finish line

 

THE WHITE TIGER EXPERIENCE

WHITE TIGER will guide you through the real estate development condo conversion jungle.  The following are the key steps in our process and what you can expect:

  1. Introductory Consultation
  2. Preliminary Assessment
  3. Planning and Strategy
  4. Customized Plan and Details
  5. Execution and Completion

I.  INTRODUCTORY CONSULTATION

The first step is to request a complimentary consultation to find out if your property is eligibile for conversion with WHITE TIGER President and Creator, Jen Chan. We will provide a general overview of the condo conversion development process, how it works, and discuss your particular property.  What is important to you and hoping to achieve?  What do you want out of your property?  What are the options that are right for you?  What are your short and long term goals?  Do you want to secure your asset and plan for your future?

WHITE TIGER will help you to set goals, and identify next steps, and we will address all questions or concerns you might not have thought of. Above all, we listen and elevate you to make choices that are best for you and your particular project. We apply our real estate investment and development experience to your project and work together as a team.

II.  PRELIMINARY ASSESSMENT

The next step is to conduct a preliminary assessment of your property to determine if it is a candidate for condo conversion.  We will identify feasabiliity, potential opportunities and benefits, city approval process and what to expect. We will discuss aspects of the project’s feasibility — initial city eligibility and required documents, financial implications and requirements, local market conditions and property evaluation, and other factors you might not have considered.

Next, we will then discuss different options for your group with a formal agreement to complete your condo conversion. 

III.  PLANNING and STRATEGY

If we evaluate your property is eligible for condo conversion, we will discuss the details of the condo conversion process. We will also strategize different options available to you.  What is the potential value increase?  Do you want to continue living in your property? Do you want to refinance? Do you want to stay or sell? How about your successors or retirement? What happens next and how do you save additional money?  There are countless options — we give you the flexibility to plot your own course.

IV.  TAILORED PLAN and DETAILS

The next step is to produce a tailored business and financial plan. This will include cost estimates, resource and financial strategy, and risk assessment. We will also discuss our due diligence process, team selection, and project tracking and monitoring system. 

We prepare a condo conversion plan that lays out your course, step by step, and keep the project on track.  This will map out the milestones and goals — as well as why, how and when you are doing it. Undertaking a complex process like a condo conversion without a professional or business plan would be like piloting an airplane without a pilot or flight plan.

V.  EXECUTION and COMPLETION

Condo conversion is the development of your property and requires numerous variety of industry professionals to address the physical, economic, and political issues inherent in a complex development project.  WHITE TIGER has handpicked and performed due diligence on a team of skilled professionals who have experience in every facet of the process.

The success of a condo conversion depends upon understanding the system and orchestrate the work of these professionals so it is completed in an efficient and cost-effective way. With our in-depth knowledge of the process and the role each professional plays, WHITE TIGER is ideally suited to choreograph this elaborate dance.

WHITE TIGER has established relationships with top-notch professionals in all the key fields involved in condo conversion.

 

Request your 45-minute FREE consultation to find out if your property is eligible for conversion

Office:  415-236-2426 or Email:  whitetiger@whitetiger.us

 

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