
9 September 2018 | 14 replies
mid-sized apartment building, you should be working with an experienced broker and/or attorney who should be able to advise you on what materials and {diligence} conditions should be identified in your APS.Building on what has been stated above, be sure to include the collection of estoppels from all tenants (and suppliers) and to have the clock on your diligence period start only once the Vendor has supplied the information requested of them (in the APS).Other items which we typically request as materials include: all leases and contracts; blueprints, engineering diagrams and assessments; existing environmental assessments; authorisation to pull the permit and work order / citation history on the property; finances for the past 3 years; current rent-roll along with economic vacancy (physical vacancy, concessions, evictions); list of recent CAPEx; statement of reserves (note: this should be included in the financials, but you never know).

16 September 2018 | 12 replies
Typically a few brokers will control the majority of the market.

8 September 2018 | 15 replies
If you sent it via other means (typically a third party) there's validation that it was received.

19 September 2018 | 4 replies
Verify your facts; banks won’t typically sell properties during a redemption period.

7 September 2018 | 1 reply
Rather that give the typical "it depends, what are your goals," I will try to provide some insight.

8 September 2018 | 6 replies
As an example; even if actual vacancy rate can be proven to be zero for the last 5 years, the bank is still going to assume a vacancy rate more typical of the area.

14 September 2018 | 3 replies
. - the typical good-looking family home).

3 February 2019 | 8 replies
Isn't a pay or quit typically 3 days?

10 September 2018 | 5 replies
The best analogy I can think of is asking someone to put together a great baseball team and defining the terms average, home runs, and RBI but without any context of what typical numbers are.

8 September 2018 | 4 replies
But typically buy townhomes...so the only people the tenants could complain to would be their own family members living with them.