Due Dilligence Checklist

[Account Closed]

Hello BP!

I'm putting together a checklist to attach to the inside of prospective property's folders and I wanted to know how you all put yours together. I've got the basics like taxes, insurance, property info sheets, but I want to make sure I'm covering all my bases. I'd love to hear feedback as to what formats other people use that help them stay organized and gather all the information needed.

Thanks in advance!

[Nicole Oppermann]

Do you mean what information you would ask for if making an offer? If yes, I would include asking for the following as well- Previous/current leases, proof of rents the past year or two, what recent repairs and deferred maintenance exist(how old is the roof, electric/plumbing work, appliances), vendor list if possible, property tax amounts (and make sure they're current), P&L statements...

Some of that might not be available, but the more info you get the better!