Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on .

User Stats

31
Posts
8
Votes
Brian Zitzow
  • Roseville, CA
8
Votes |
31
Posts

So I'm looking at another duplex and wondering ...

Brian Zitzow
  • Roseville, CA
Posted

Now that I am ready to talk to sellers about specific properties, I'm looking for some feedback on the due diligence process.

At what stages do you do which due diligence?

I did a search on the bigger pockets site for "Due diligence" and "buy and hold due diligence" and there is so much information I couldn't find sift through it all. Here's what I came up with. 

Is there anything I am missing?

Paper Due Diligence

  • deed to the property
  • a copy of their insurance policy
  • copies of all tenants’ leases
  • current title report
  • a recent real estate tax bill
  • bank statements (really? Is this to prove the income?)

Property Improvements

The last time any of the following was repaired or replaced:

  • Roof
  • Water Heater
  • All Appliances
  • Driveway/Parking Lot
  • HVAC
  • Flooring
  • Plumbing
  • Windows
  • Paint
  • Cabinets/Counters
  • Structure (foundation, framing)
  • Components (garage door, etc.)

Also, should I ask for this stuff before I even see the property so I can evaluate it with real numbers? At what point do you request these items?