Artwork

BiggerPockets에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BiggerPockets 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Player FM -팟 캐스트 앱
Player FM 앱으로 오프라인으로 전환하세요!

190: Rookie Reply: What is Due Diligence in Real Estate?

26:58
 
공유
 

Manage episode 331314636 series 2632451
BiggerPockets에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BiggerPockets 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

What is due diligence in real estate? If you ask most new investors, they’ll have some sense of what due diligence is, but may be confused about what it really means. Is due diligence when you analyze your deal? Who should you be in contact with during due diligence? How long does a due diligence period usually last? And what happens if your deal turns out to be a dud in due diligence?

In reality, due diligence isn’t all that confusing. It’s simply the time that you, and your partners (if you have them), spend inspecting, double-checking, and re-analyzing the deal. The due diligence period is there for the protection of the investor, so you can use everything in your power to confirm that you truly are getting a great deal. But, before you start calling inspectors, make sure you follow some of these more granular steps that could save you a fortune in the future.

Never done due diligence before? Here are some suggestions:

Work with a seasoned real estate broker, agent, or attorney who can catch things you won't

Double-check that your financing options still stand if you find anything wrong with the property

Talk to the local city government or code enforcer to ensure prior work on the property was done correctly

Calculate out what the cost of repairs will be for the property once you’ve gotten an inspection

Don’t fall in love with a deal and be prepared to walk away if you find something that’ll kill your exit strategies

And more in the episode…

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

Links from the Show

Real Estate Rookie Podcast

Real Estate Rookie Youtube Channel

Real Estate Rookie Facebook Group

Ryan Dossey's Instagram

Ballpoint Marketing

Airbnb

AlphaGeekCapital

MLS

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-190

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

639 에피소드

Artwork
icon공유
 
Manage episode 331314636 series 2632451
BiggerPockets에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BiggerPockets 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

What is due diligence in real estate? If you ask most new investors, they’ll have some sense of what due diligence is, but may be confused about what it really means. Is due diligence when you analyze your deal? Who should you be in contact with during due diligence? How long does a due diligence period usually last? And what happens if your deal turns out to be a dud in due diligence?

In reality, due diligence isn’t all that confusing. It’s simply the time that you, and your partners (if you have them), spend inspecting, double-checking, and re-analyzing the deal. The due diligence period is there for the protection of the investor, so you can use everything in your power to confirm that you truly are getting a great deal. But, before you start calling inspectors, make sure you follow some of these more granular steps that could save you a fortune in the future.

Never done due diligence before? Here are some suggestions:

Work with a seasoned real estate broker, agent, or attorney who can catch things you won't

Double-check that your financing options still stand if you find anything wrong with the property

Talk to the local city government or code enforcer to ensure prior work on the property was done correctly

Calculate out what the cost of repairs will be for the property once you’ve gotten an inspection

Don’t fall in love with a deal and be prepared to walk away if you find something that’ll kill your exit strategies

And more in the episode…

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

Links from the Show

Real Estate Rookie Podcast

Real Estate Rookie Youtube Channel

Real Estate Rookie Facebook Group

Ryan Dossey's Instagram

Ballpoint Marketing

Airbnb

AlphaGeekCapital

MLS

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-190

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

639 에피소드

모든 에피소드

×
 
Loading …

플레이어 FM에 오신것을 환영합니다!

플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.

 

빠른 참조 가이드

탐색하는 동안 이 프로그램을 들어보세요.
재생