Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Jerry Maguire Checklist of things prior to buying homes
1 November 2011 | 1 reply
Here's was my Pre-Purchase Checklist when I first started:Upon Contract AcceptanceEnsure Access to Property: * Make Copy of Property Key(s) * Purchase New Lockbox * Place Key(s) in Lockbox and Install at Property (hidden)If Certified Funds are Required for EM: * Get Certified Funds for EM from Bank * Submit Certified Funds to AgentIf Financing the Purchase: * Send Contract to Loan Officer * Provide Loan Officer Property Info * Connect Loan Officer with RE Agent Info * Have Loan Officer Schedule Appraisal * Make sure Loan Officer Knows Anticipated Closing DateDue DiligenceInspections: * Turn On Utilities for Inspection (water, gas, electric) * Schedule Termite Inspection * Schedule Property Inspection * Attend Inspection and Take Notes for “Scope of Work” * Get Final Inspection Report and Review for “Scope of Work” * Get Termite Letter/Pest Inspection ReportContractor Prep: * Create Scope of Work * Create Materials List * Determine Which Contractors Are Needed: * GC * HVAC * Roofer * Electrician * Plumber * Pest/Termite Control * Painter * Landscaper * Carpenter * Schedule GC Walk-Through(s) * Get Contractor QuotesPurchase Decision: * Perform Final Financial Analysis Using Estimates/Quotes * Perform Both Flip and Rental Analysis * Make Go/No-Go Decision on PurchaseUpon Contingency FinalizationFinal Purchase Prep: * Get Closing Date from Lender/Agent * Arrange Landlord Insurance Policy * If Financing, Connect Insurance Agent with Loan Officer * Follow-Up on Appraisal with Lender * Choose a General Contractor * Choose Sub-Contractors (if no GC) * Determine Exit Strategy * Create Rehab Schedule (if no GC) * Create Final BudgetPrior to ClosingFinal Loan and Closing Prep: * Obtain and Review HUD-1 * Obtain and Review GFE (if financing) * Ensure Loan is Ready for Closing (if financing) * Get Certified Funds for Closing * Determine How to Hold Title * Get Partnership Agreement Documents Signed (if partnering)Upon ClosingDay of Closing: * Get Keys * Change Property Tax Records to Home Address * Get GC and Sub Contracts/Docs Signed * Arrange GC and Sub Start Dates
Justin Lowe first deal analysis
4 November 2011 | 16 replies
What about landscaping costs, drywall, plumbing fixtures, bathroom vanities, etc?
Jeff Sitti "Hard Hitters" - Real deal investors...
12 November 2011 | 17 replies
My team consists of those who provide acquisition opportunities, my contractor/sub team which is my painting crew, framers, flooring installers, masonry guys, landscapers, etc., my RE agent who performs a lot of my upfront due diligence on potential acquisitions and also is teh agent who lists the properties for re-sale on the exit, my escrow company, my title company, my attorney, my project manager (in this case - he is my Brother), and my insurance agent.
Naga A. I want to fire a property manager, but there is a problem.
12 November 2011 | 21 replies
August: Electrical, $75 service call.Sept: Exterior stucco repair $250.Oct: Landscape $150.My PM has a $500 limit before he has to call me.
Alex K. Way to get the best possible deal for buy and hold?
14 November 2011 | 7 replies
Networking – network with professionals (CPAs, Attorneys) and rehabbers/landscapers for referrals.17.
Marian Smith Please list your REO offers accepted
30 January 2012 | 39 replies
House already has new windows, nice landscaping and a new roof.
Serge S. Help evaluate this deal on 32 units PLEASE
6 February 2012 | 11 replies
Most units remodeled but the complex needs to be painted, landscaped, etc.
Chris Masons Getting flood zone status lifted by Fema
10 September 2019 | 16 replies
Has anyone had success in getting a property out of a flood zone after having work done to the property IE. raising a part of all of the landscape so that it sits above base flood plane?
Account Closed What would you do with this exterior?
30 January 2012 | 4 replies
2 tone exterior paint job and see what you can do about making the front porch a focal point, new front door (dont skimp on this), lighten it up, new windows, fresh landscaping, good lighting.
Jason S. FHFA Bulk REO Rental Program Impact
30 January 2013 | 24 replies
The property I'm closing on in a couple weeks will get a full rehab (kitchen, both baths, all new paint & flooring + landscaping) for under $10k out of pocket.