RPP - Top 3 Due Diligence Tips

Jake Stenziano and Dylan Marma discuss the top 3 tips for performing due diligence.   Key Information: Walk Every Unit Prevents sellers hiding shell units that could be staged as occupied or used for storage Verify upgrades in the units Snake the drain lines Snaking the drain is recording the path and see if there are blockages in the drains Prevents major capital expenditures Snake 50-75% of the drain lines Get Drone Footage Can pinpoint soft spots in the roof Great footage for marketing packet BONUS TIP: Perform Lease Audits See if renewals have been reflected Review applications to see if tenants were properly screened Invest with Rand Partners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners

Episode 48 of the Jake & Gino: Real Estate Investing & Multifamily podcast, hosted by Jake and Dylan, titled "RPP - Top 3 Due Diligence Tips" was published on July 3, 2019 and runs 13 minutes.

July 3, 2019 ·13m · Jake & Gino: Real Estate Investing & Multifamily

Summary

Jake Stenziano and Dylan Marma discuss the top 3 tips for performing due diligence.   Key Information: Walk Every Unit Prevents sellers hiding shell units that could be staged as occupied or used for storage Verify upgrades in the units Snake the drain lines Snaking the drain is recording the path and see if there are blockages in the drains Prevents major capital expenditures Snake 50-75% of the drain lines Get Drone Footage Can pinpoint soft spots in the roof Great footage for marketing packet BONUS TIP: Perform Lease Audits See if renewals have been reflected Review applications to see if tenants were properly screened Invest with Rand Partners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners

Episode Description