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"The due diligence
that you go through when renovating a
home is 1st class. The new owners are truly getting a
remarkable home." --Tony S. (Residential
Agent)
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Due
Diligence
We
do our homework on every property. Due diligence means
to find out beforehand if an investment will be profitable. It's
one of those things that's easy to talk about. But, few do it
with the attention to detail that's required. We visit every property
in person. We study its structural integrity, neighborhood, local
economy, and schools. We examine how close it is to public parks,
malls, libraries, airports, train stations, bus stops, and other
commercial developments. We take care of every detail--even the
small ones. And our clients will tell you it makes a big difference
when they bring home their checks.
10 Due Diligence Rules to Live By
- Fix & flip in average neighborhoods.
- Buy & hold in excellent neighborhoods.
- Buy 30% under market (minus retrofit
costs) in average neighborhoods.
- Ok to buy slightly above 70% in excellent
neighborhoods.
- Add a cushion of 10% to estimated repair
costs.
- Never buy site unseen.
- Speak with all decision makers, not
just with one spouse or an assistant.
- Identify exactly what you're after.
- Learn from other people's mistakes.
- Ensure you check and double check Comps,
SF Price, and all permitted rooms. Leave no surprises to turn
up later.
Current / Future Investment Opportunities
Please be patient. These video files
are large and may take a few seconds to download.
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