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Updated over 12 years ago on . Most recent reply

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12
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6
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Darrin B.
  • Effort, PA
6
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12
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Due dilligence

Darrin B.
  • Effort, PA
Posted

As a complete newbie, is there a "check list" of things to ask a potential seller? What would be the most important things to NEVER forget when considering a property?

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29
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8
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Nick Johnson
  • Omaha, NE
8
Votes |
29
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Nick Johnson
  • Omaha, NE
Replied

I am not an experienced investor whatsoever, but I did read "Buy it, rent it, Profit!" by Bryan Chavis (The Landlord Academy). This book does have a lot of specific advice about the due-diligence period, including what to ask for (rent rolls, expenses, etc.). Just my $.02.

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