Due Diligence
Identify Issues
We believe you should have been aware of the physical, financial, and legal details before closing. That's why we developed a process to help you pinpoint any issues.
We adopt a three-phase strategy for conducting due diligence, which encompasses a thorough review and analysis of the sellers’ financial statements, legal documentation, and physical inspections.
Due Diligence Services
General
Review insurance loss runs, research crime at the property, and review the current title report.
Physical
Conduct a thorough walkthrough of all units, examine the exterior, and arrange for inspections mandated by the lender.
Financial
Evaluate the financial records of the seller, perform audits of the lease agreements, and oversee collections activities.
Research
Conduct a market analysis and undertake a mystery shopping initiative to assess the rental rates in the area for comparison with your projections.
Legal
Schedule environmental inspections, talk with code inspectors, and verify prior work was property permitted.
Vendors
Get quotes from vendors for the necessary work to be done at the property, and revise the underwriting to reflect the projected returns.