20 September 2021 | 4 replies
The biggest thing you should look to get during DD period are: current lease (which you already have it seems), P&L statements for the past 2 years, any major repairs done (receipts), sub-metering (if applicable), what you owe as landlord vs. what tenant pays, estoppel agreement making sure you & tenants are on the same page, etc.Best of luck!
21 September 2021 | 4 replies
Personally, I’d take the opportunity to meet with all of them, visit the property, leave a personal note on their door (maybe) a week before you do this, and take the time to get to know them and renew a lease and tell them the situation and bring rent comps for the area and their rental history to show the difference in what they pay.
21 September 2021 | 2 replies
I believe mine is about 10 pages.
23 September 2021 | 25 replies
There are many items that come up where the property is visited in escrow...inspections, estimates for repairs, appraisals and my clients needing some information about their large purchase would most definitely warrant another visit.
23 September 2021 | 13 replies
Some landlords like to replace the filter quarterly and combine the visit with an inspection.
2 October 2021 | 5 replies
Hi Jose OlivasYou can usually find property info on the assessors page on counties websites.
22 September 2021 | 2 replies
Any expectations on what this will entail and if I should have a contractor lined up already to be there for any engineering assessment so they can be on the same page -- I would appreciate it.
28 September 2021 | 5 replies
Here's a link to their page which has a site map.
30 September 2021 | 1 reply
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
17 November 2021 | 0 replies
As a real estate investor, what tools or items are a must to have on you when visiting your current or potential investment properties?