Due Diligence
be diligent, download an exhaustive DD checklist online and read all you need to read on the matter, CRE can be demanding with lease agreements but be thorough and look at the small print | | what to look for = rent bumps, who pays for what, when is it renewing which will determine financing | get quotes from reputable contractors on the structural elements of the buildings + inspection, phase 1, bills, for a roof the inspector needs to walk it, not enough to use a dronelonger DD time to assess demand for the asset and test drive a property, be creative: local FB groups... |