First steps before investing

First steps before investing

Member since 2026 · 11 posts · 17 votes

When doing my due diligence on a property I'm considering investing in, what are ALL the municipal or county offices that I should call (Building & Health Departments are 2 examples I've read about), and, what questions should I be asking the offices specifically in order to get the best overall analysis of the property & know what I'm getting myself into as far as pros & cons of the place before I invest?

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  • JD MartinBusiness Member
    Moderator
    Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
    3mo

    I can appreciate that you're new and want to get started but honestly you just need to do a lot of reading on this site first. No one is going to come in and list all of the things you're asking about as it's a lot of work, area specific anyway, and some of it is irrelevant. Before you can be an investor you need funds, or access to funds. Do you have access to funds? How much? What other skills do you have - can you do your own rehab? Marketing? Management? ETC. 

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  • Tyler MccleanPro Member
    Investor · Nassau County, NY · Member since 2022 · 68 posts · 18 votes
    3mo
    Asking the building department about what specifically? There’s a lot of helpful information on here worth reading for sure but also don’t psyche yourself out, it’s intimidating in the beginning but this is best store of wealth you can put your money into. I can help you if you’re interested.
  • Gabe OrlanskyPro Member
    Lender · Miami, FL · Member since 2026 · 21 posts · 4 votes
    2mo

    One thing I'd add is checking with the Planning & Zoning Department. I'd want to know if there are any future developments, road expansions, zoning changes, or special assessments planned that could impact the property's value.

    I'd also check with the Tax Assessor to see if there's a reassessment coming after purchase or renovation, and with Code Enforcement to ask about any open violations or unresolved issues.

    Curious to hear what experienced investors have on their due diligence checklist—always looking to improve mine as well.

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