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RPP - Top 3 Due Diligence Tips

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

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