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EP 6: How to Conduct Thorough Due Diligence as a New Real Estate Investor
Manage episode 379350804 series 3507202
Mike Doherty & Ryan Deasy, Mike Doherty, and Ryan Deasy द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Mike Doherty & Ryan Deasy, Mike Doherty, and Ryan Deasy या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
In this episode of Sky's the Limit, hosts Mike and Ryan walk through the ins and outs of due diligence for new real estate investors. They explain what due diligence is, why it's critical, and how to conduct thorough due diligence when evaluating properties. They outline key items to research including the physical condition via inspections, financials, operations, leases, estoppel agreements, and more. Mike and Ryan provide tips on using the inspection period and due diligence to negotiate a better deal. They discuss common mistakes and missteps with due diligence and emphasize the importance of leveraging this time to uncover risks and get clarity before closing. Whether you're flipping, wholesaling or buying rentals, this episode equips new investors with a framework for due diligence best practices. Learn how to avoid costly surprises and fully vet deals on the latest Sky's the Limit podcast for beginning real estate investors.
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