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
Jake & Gino: Real Estate Investing & Multifamily · Jake and Dylan
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Show Notes
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
Follow Us on Instagram @Randpartners
Follow Us on Facebook @Randpartners
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About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com.
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