Underwriting
Reading operating statements a seller prepared
The document is real. Whether it describes the property you will own is a separate question.
Topic
due diligence
Every Real Estate Investing Trends article tagged due diligence — 4 pieces across 2 sections.
Underwriting
The inspection, and what it will not find
A general inspection is a visual survey by a generalist, and the expensive problems are usually the ones behind something.
Strategies
Syndications: what a limited partner is actually buying
Passive real estate through a sponsor, where the returns depend more on the sponsor than on the property, and the illiquidity is total.
Underwriting
Building a rent roll you can trust
The document the seller hands you is a summary of claims. Verifying it is the most productive hour in any acquisition.