Of Due Diligence
We have Perfected
The Inspection Recipe,
With Over 500
Items To Research
Having performed hundreds of due diligence assessments on purchased and bad properties, we know what to look for! We also have the recipe for what to ask, so that we don't miss anything. Below, you will find a sample of the 20 categories and 500+ items we look for and how we report them.
We started this business as investors, then owners, then... discovered the biggest short-coming of this industry - the need for a hassle free, fast diligence process. Big companies don't have the time and rookie investors get cold feet and drop good communities when not 100% confident that a deal checks out, potentially missing out on the deal of a lifetime.
500 Tasks for starters
We report on the condition of the property as well as marketing factors - like what? We're glad you asked! Such as if the park is registered on Google maps and other marketing factors that may determine if a park is not meeting its true potential because of poor management or a slow market.
3 Packages to choose from
(1) Deal Breakers and (2) Full Diligence
(1) We start with deal breakers ~ takes a few weeks to complete ~ See Pricing. This is a meticulous process that begins with in depth questions with the city and seller, often asked five ways - to build a true picture of the potential deal. Think of us as the Sherlock Holmes of the property world as we make a lots of phones calls and perform our online research magic. We're trying to find a problem here - so that you don't have a big headache down the road...
(2) If all checks out, then game on! Next, we begin all Diligence Tasks - See Pricing. We have a process of sharing that information with you online as we progress. For the buyer that wants nothing to do with the long list of often messy tasks, we take it on for you and provide you with a full report of our findings. Take a look below at our example reports!
(3) Recon Service
We can do A LOT online and working with the seller, the county and city to obtain information. However, there are also a lot of Ground Diligence tasks that can only be completed in person with a trained eye.
A buyer or investor may prefer to do the ground work on their own. The key is to know what you're looking for, such as;
* inventorying electric to see if it matches what the seller reports
* identifying the condition of plumbing infrastructure
* performing a camera inspection and uploading video
* inventorying that homes match reported rent roll and conditions
* looking for any shady business... such as homes that are not occupied, covered up problems, and other hazards.
Seller and Buyer Testimonials ~ check out our Testimonials page.
Example Reports ~ The following are examples of our due diligence reporting. We don't want to give away all of our secrets but this will give you an idea of what the partners do! For additional reports, visit our Example Report page.
As you will see, there is a lot to report on! If the glove doesn't fit, then our report may be slightly customized to accommodate the circumstances. Properties can vary widely and the partners will use their discretion and knowledge to decide what items may need a little more clarification or validation based on their discoveries during the Due Diligence process.
Want to Learn More? ~ See some of our videos on our video learning page to get a better idea of what we do.