I’m trying to figure out how experienced passive investors evaluate offering memorandums before writing a check.

Are you planning to get a separate appraisal that breaks out the FF&E value vs just accepting the allocation?

The renovation has been progressing well, but some of the actual project costs have exceeded the allocated draw amounts for certain line items.

In my journey as a real estate investor, I quickly learned the importance of evaluating properties and utilizing underwriting templates.

Also, if anyone has experience evaluating buying your dental/medical office vs continuing to lease, I’d love to hear what factors you found most important as I realize as a dentist there could be additional advantages to owning the space where I practice beyond just what an investor would consider.

Out-of-state investor evaluating a Single-Family Home in Fayetteville & Clay (Syracuse area), NY. 

Good morning everyone,I’m evaluating a private family sale on a 1950s home in the Denver metro area as my first value-add project.

Understanding how to evaluate properties properly takes time. 

I'm curious, what’s one non-obvious thing you look at when evaluating an area? 

So, on top of my day job as a public interest attorney, I also manage our portfolio, find and interview the contractors, walk the properties, negotiate the contracts, find the money, evaluate tenants, do the minor repairs, do the lawn maintenance and shoveling, and try to network and make the new connections.