Podcasts about due diligence checklist

If you would like a copy of our Due Diligence Checklist, click HERE.-----------On today's show I'm sharing the story from this past week of someone who is in our investor ecosystem. She owns several properties in a tertiary market about an hour outside Toronto. She is in her 70's and her husband has several physical limitations. She is her husband's principal care giver. She has invested in several of our projects over the years and is someone who our team holds dear in our hearts. One of her properties is over 100 years old and was in need of some exterior brick repair. She hired someone who was "in the area" performing masonry work. They had a business name that sounded big and impressive. They listed an address in Toronto and their website had plenty of testimonials and photos. I got a call mid way through the week with an urgent request for help that the contractor was asking for a large up front payment. I made it clear that she should not every pay in advance and should only pay in tranches as work is completed. There was no contract. The price changed part way through the job, and the demand for payment was a huge red flag. By all accounts, the work was well done. This is one of those stories that has a relatively happy ending. But the entire engagement was built on a foundation of lies and it could have been a real problem. -------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

In this episode of The Note Closers Show, Scott Carson shares his comprehensive checklist for evaluating and performing due diligence on non-performing notes. Whether you're just starting out or looking to refine your processes, this episode provides a step-by-step guide to avoiding bad deals and maximizing your returns in note investing.Scott walks you through his essential process, covering everything from initial tape analysis to collateral file review. Learn how to identify key red flags, assess property values, understand legal considerations, and ultimately, make informed investment decisions that protect your capital and generate consistent cash flow.Key Topics Covered:Initial Tape Analysis: Getting pricing expectations, bids due and filtering based on state, city, and property type.Property Valuation: Check the Property Value and if there is and legal update before moving on.Finding The Right Resources: How to lean on partners for help and not do it all yourself.Avoiding bad areas: Make sure you are following state rules and know the places you are buying in.What to do with all your data? Where and how to use your data to get more deals.This episode offers a valuable framework for approaching note investing with a clear, structured, and analytical mindset. With Scott's guidance, you'll be able to confidently evaluate potential deals, minimize your risk, and position yourself for long-term success in the dynamic world of note investing.Download your copy of the Due Diligence Checklist HERE!Watch the original VIDEO HERE!Get Signed Up For The Next Note Buying for Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestSign up for the next FREE Note Weekend Class HERE!Get Signed Up For the Next Note Buying Workshop HERE!

With many businesses expected to hit the market, this podcast explores the opportunities that could arise for those looking to purchase. We'll cover what you need to consider before making a move and how to prepare for a successful acquisition.Due Diligence Checklist - https://nextadvisory.kartra.com/page/buyingbusinessBook a time to talk with Phil: https://calendly.com/philsmith/buyingFind us here:Book a call with us: https://nextadvisory.nz/#book-onlineVisit our Instagram page: https://www.instagram.com/nextadvisory.nz/Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

The Ultimate Playbook to Buy & Scale Small BusinessesWant to grow your business through smart acquisitions, direct outreach, and personal branding? In this episode of JackQuisitions, we dive deep into the art of buying small businesses and building relationships that close deals. Host Jack sits down with an experienced operator to explore what it really takes to acquire businesses, from cold calls to contract signing.Whether you're a new buyer, an aspiring entrepreneur, or an operator aiming to expand your portfolio, this episode is your blueprint for mastering business acquisitions, deal structuring, and effective broker relations. Learn proven strategies for sourcing deals, building trust with sellers, and navigating private equity competition.Discover how top acquirers are identifying great opportunities, building authentic connections, and using storytelling to stand out in a crowded market. You'll also hear real-life examples of deals—from pool cleaning to art framing shops—and gain insight into due diligence, deal terms, and transitioning ownership the right way.

Welcome to today's episode with Gino Barbaro, co-founder of Jake and Gino, where we break down the three essential phases of due diligence in real estate investments. Are you ready to avoid costly mistakes in your deals? Gino shares a comprehensive look at what every investor needs to know before closing, covering financial, physical, and legal aspects. Follow along to ensure your investments are solid and your approach is thorough.In this episode, you'll learn:The importance of financial due diligence: verifying T12s, rent rolls, and cash flow.How to approach physical inspections: from full unit walks to essential roof and plumbing checks.Why legal due diligence can make or break your investment, with lessons from Gino's personal experiences.Grab Gino's custom due diligence checklist by emailing him at gino@jakeandgino.com for a deeper dive into each phase, and be sure to hit subscribe for more how-to content from real estate pros like Jake and Gino! We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

Join us as we uncover the secrets behind the success of ultra-wealthy investors and explore how meticulous vetting processes play a pivotal role in their achievements. In this discussion at our Family Office Club event, our expert panelists share invaluable insights, practical tips, and real-world experiences that highlight the significance of thorough due diligence. 

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are joined by Mimi Fei, CFO and Co-owner of HoneyBee Development Group, a boutique real estate development firm based in British Columbia. The three chat about how Mimi got into the real estate investing business, how she was able to grow HoneyBee Development Group into what it is today, and they also go over Mimi's due diligence checklist. If you're a real estate investor and you want the blueprint to everything you need to do before going in on a deal, you do not want to miss this episode! Show notes: 00:00 - Introduction 1:40 - How Mimi Fei got into real estate investing 3:50 - What is HoneyBee Development Group? 5:30 - The keys to being successful in real estate investing 7:30 - The due diligence checklist 18:09 - Legal compliance 24:05 - Physical inspection 29:25 - Exit strategy assessment 34:20 - Example of a deal where something went wrong 38:20 - Team evaluation FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound FIND HONEYBEE DEVELOPMENTS ON: WEBSITE: https://honeybeedevelopment.com/ THE DUE DILIGENCE CHECKLIST: Market Analysis:   Study local market conditions, including trends in property values and rental rates.   Research the supply and demand dynamics in the target market.   Analyze demographic data such as population growth, income levels, and household sizes.   Identify key industries and employers driving economic activity in the area.   Evaluate employment trends and unemployment rates.   Assess the overall economic outlook and growth prospects for the market.   Financial Analysis:   Review historical financial performance of similar properties in the area.   Analyze proforma financial statements to project future revenue and expenses.   Scrutinize assumptions used in financial models, such as rent growth rates and operating expenses.   Evaluate the proposed investment structure, including ownership interests and profit- sharing arrangements.   Assess the availability and terms of financing, including interest rates, loan-to-value ratios, and repayment terms.   Determine the eligibility criteria for potential investors, including accreditation requirements and minimum investment amounts.   Legal and Regulatory Compliance:   Verify compliance with zoning and land use regulations, including any restrictions on development or property use.   Confirm the legal ownership of the property through title searches and deed records.   Review permits and approvals obtained for the project, including building permits, environmental permits, and zoning variances.   Examine the terms and conditions of any legal agreements related to the property, such as leases, easements, or development agreements.   Ensure that the proposed legal structure for the investment, such as a partnership or GP/LP, corporate structure is appropriate and legally sound.   Physical Inspection:   Conduct a thorough inspection of the property to assess its condition and identify any potential issues or defects. (Drive-by or virtually)   Obtain professional appraisal reports to determine the fair market value of the property.   Review environmental studies and reports to identify any contamination or hazardous materials on the site.   Evaluate geotechnical studies to assess soil stability and potential risks for construction.   Check for the presence of underground oil tanks and obtain reports on their condition and any remediation efforts.   Review occupancy reports if the property is livable/rentable   Exit Strategy Assessment:   Evaluate potential exit strategies based on market conditions and investment objectives.   Assess the marketability of the property and potential resale value based on current market trends.   Consider the impact of economic cycles and interest rate fluctuations on the property's value and income potential.   Review operating expenses and income projections to estimate future cash flow and return on investment.   Determine the availability of financing options for potential buyers and the potential impact on resale timing and pricing.   Team Evaluation:   Assess the experience and qualifications of the development team, including their track record of successful projects.   Review the credentials of key team members, such as developers, architects, engineers, and property managers.   Evaluate the strength of the team's professional network, including relationships with lenders, investors, and other industry professionals.   Consider the team's reputation and credibility within the local real estate community, including any past legal or regulatory issues.   Seek references from previous investors or partners who have worked with the team on similar projects.  

In this episode of Note Night in America, Scott Carson shares his 17-point due diligence checklist for nonperforming notes. This is a checklist that he has constantly tweaked over the past 20 years and focuses on before, during, or after the bidding process.Book a call with Scott HERE!Watch the original video HERE!RSVP for Note Night in America HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes Pinterest

Welcome to Land Conquest! This is the audio version of the "Due Diligence - Checklist Explanation" lesson of the course. Enjoy, and join the full FREE program at www.LandConquest.com!

If you're looking to invest passively in real estate, there are several things you need to check off your due diligence list before making an investment. In this episode, Justin discusses the six most important factors to consider when evaluating a potential deal. From conducting due diligence on the operator to understanding the local real estate market and tenant incomes, you'll learn the key steps to take before making an informed decision. Plus, you'll discover the number one killer of deals and how to avoid it. Don't miss out on this must-listen episode to learn how to build your wealth without compromising your time or taking on more responsibilities!Key Highlights:[00:01 - 04:31] Understanding the Market and Operator Before Investing in Real Estate• Real estate is hyper, hyper local and having local knowledge is an advantage• Growing pains associated with new markets can impact investments• Ask if the business can go on without the operator in case of an emergency[04:32 - 08:20] Understanding Your Operators and the Deal• Know how well the operators understand their business and track feedback to continuing improving their processes• Know the average income of prospective tenants in the areaKey Quote:"Every market is different, and real estate is hyper, hyper local." - Justin MoyDownload our FREE ebook, The Definitive Guide To Passive Real Estate Strategies.Check out our Multifamily Syndication Group, and sign up for our NEWSLETTER.Want to invest with us? Schedule a brief call here. Get in touch: Justin@arealminvestor.com and let me know what topics you'd like me to cover or what guests I should have on.If you like our content, please give us a rating on the platform you're listening on!

In this episode, Jonny speaks with the Founder of Red Sea Capital, Caleb Johnson. Caleb owns and manages his real estate portfolio and hosts the From Trial to Triumph podcast.They discuss:1. How he became an entrepreneur at the age of 182. Why he chose commercial real estate and Oklahoma3. His plans for the futureCaleb has been an entrepreneur since the age of 18. He founded Red Sea Capital in 2022, but before Red Sea Capital, he joined NK Development Group as a marketing specialist and part of their investor relations. He aided in capital and acquisition to grow the company to over 450 units in 2 years. His mission is to be a faith-based professional committed to investors and building relationships.Learn more about Caleb:Website: https://redseacapitalgroup.com/Get his free Due Diligence Checklist: https://redseacapitalgroup.com/due-diligence/Listen to his podcast: https://redseacapitalgroup.com/listen/ Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Scott Carson has a special treat for you in this episode. The meat and potatoes of today's discussion is his note due diligence checklist. In this episode of Note Night in America, Scott breaks down his upfront due diligence to help him identify which assets to bid on. He also discusses what to remove and keep when looking at occupied and vacant assets. Take from Scott's insights and implement them on your spreadsheet. If Scott can, anybody can do it too, so go out and take action to be on top. Tune in now! Want to talk to Scott? Book a call with him HERE (link "HERE" to http://TalkWithScottCarson.com).Love the show? Subscribe, rate, review, and share!Here's How »Join Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes Pinterest

Show notes:Kristian Marlow, Cryptolawyer, Tax Expert, and AuthorLinkedIn: https://www.linkedin.com/in/kristianmarlow/Twitter: @0xMarlowPlannerDAOJoin the PlannerDAO: https://www.plannerdao.io/sign_upLearn more about PlannerDAO here: https://lnkd.in/efa4F8ELearn about the CDAA designation here: https://lnkd.in/eMbcCeh This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit plannerdao.substack.com

Is there a deal you're considering? Are you aware of the investment risks? You need to ask yourself some hard questions to protect yourself. Here are the top 10 tips on how to minimize your risk with a simple, yet powerful list of questions that will show you how to negotiate like a serious investor and to protect you from bad deals.In this episode, Mat Sorensen and Mark J. Kohler not only talk in detail about how to analyze if a deal is a good fit for you, we give real life examples to help you recognize if a deal has red flags!By the end of this Directed IRA Podcast episode, you'll have an understanding of:• How to read subscription documents• The danger of no-risk sky high returns• If the deal in front of you is good for you• If the partners involved have your best interests• The ability to take control of your self-directed IRA investmentsLearn more about our upcoming Live events: The Real Estate Tax Summit, September 29-30, 2022 in Austin, TXhttps://realestatetaxsummit.comThe 9th Self-Directed IRA Summit, October 20th & 21st, 2022 in Scottsdale, AZhttps://sdirasummit.comSchedule a Free 15-minute new account phone appointment with one of our experienced Senior Account Executives regarding a Real Estate IRA or a Self-Directed IRA.https://directedira.com/appointmentTo submit your questions, listen, search for prior episodes, or sign up for their Weekly Free Newsletter, visit https://directedira.com/podcast

When was the last time you reviewed your due diligence process? Too many real estate investors are so eager to do a deal that they cut corners on due diligence and hope for the best. But a robust due diligence checklist is essential to your success. Jake Harris uses his superpower of methodically sorting through data to make real-world decisions on real estate, and his private equity firm has acquired more than $200M in assets in the last five years alone. Jake is extremely detail-oriented in conducting due diligence, and he shares that expertise in his new book, Catching Knives: A Guide to Investing in Distressed Commercial Real Estate. On this episode of Financial Freedom with Real Estate Investing, Jake joins cohost Garrett Lynch and me to discuss how he hit rock bottom during the recession and describe his transition from single family flips to commercial real estate. Jake explores how to use deep knowledge of a given real estate market to your advantage and explains how due diligence can uncover significant downside risk in a commercial deal. Listen in for Jake's no-stone-unturned approach to due diligence and learn how to decide when a deal is worth the risk—and when to walk away. For full episode show notes visit: http://www.themichaelblank.com/session322/

Due Diligence Checklist | Street Smart Investor http://www.StreetSmartInvestor.com Lou Brown will guide you through the due diligence checklist that you need to cover, to prevent any mistakes before you close your real estate deal. Learn from Lou different strategies on becoming a successful Street Smart Real Estate Investor. For more valuable information click on this link and watch the complete episode: https://youtu.be/hrcjN0p8ZI8 - “Step 9: Due Diligence | Street Smart Investor” Take Lou's Course: https://www.udemy.com/course/realtors-and-real-estate-investing/?referralCode=305A2A5DB2A2C4543B7F Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so-called gurus are missing. * How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan… * How to have a buyer or renter before you even buy property… * How to have them already pay you money before you sold them anything… These are exactly the kinds of deals he does day in and day out. Most ‘investors’ are getting it wrong. It’s not about the property, it’s about the buyer. Buying right and buying cheap is what you’ll do after you have the buyer. Media Sites: YouTube: https://www.youtube.com/user/StreetSmartInvestor Podcast: http://Streetsmart.mypodcastworld.com/ Facebook: https://www.facebook.com/StreetSmartInvestor/ Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/ Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems, and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976. He’s invested in single-family homes, apartments, hotels, developed subdivisions, and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting-edge concepts in real estate today. He’s widely known as a creative financing genius with his deal structuring concepts. Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world’s largest real estate investor group. He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.

Aileen Prak is a real estate investor and the Co-Founder of Bonavest Capital. Her focus is on investing in multifamily syndications and is on the path to creating time freedom for her family and 2 young children. Aileen is also the co-host of the How Did They Do It? Real Estate podcast.   Aileen is offering you a free copy of her Due Diligence Checklist for Passive Investors at www.bonavestcapital.com    If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara      Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/

Looking for a process of how to properly perform due diligence on a property you want to buy? Watch this video to the very end as we provide you with a step-by-step clear process on how to do this and to avoid mistakes along the way.   We will provide you with a FREE Due Diligence Checklist ready for you to use:   https://docs.google.com/spreadsheets/d/1Qoz9DuzffFQuiUjiAMEu5A4b-xKpYRu-ZzbAbJQdjTc/edit?usp=sharing   00:00 Introduction 00:36 Subscribe and like 00:59 Podcast collaboration in Denver 01:47 Due diligence process steps introduction 01:54 Potential to miss out on a step 02:11 Assessing a property 03:05 Due Diligence Checklist 03:58 Not having a process 04:19 Learning from mistakes 05:01 Owner fixing own property 06:30 Multiple moving parts in due diligence 06:50 Susceptible to overlooking something. 07:03 Pre-offer > Due Diligence > Post-offer 07:13 What is pre-offer 07:43 Area Market and Neighborhood Analysis 08:30 Offer based on the upside/value add 08:47 Due Diligence (Feasibility) > Closing 09:00 Earnest money 09:28 "Money goes hard" 10:01 Under contract 11:09 Estimating rehab costs 12:23 Gaining insights on rehab costs 12:55 Getting more accurate/actual rehab costs 13:31 Reviewing existing contracts 14:04 Inheriting contracts 14:49 Summary 16:05 Hiring a Property Manager 17:23 Making an educated offer 18:01 Looking for reasons why not to buy 18:22 Avoid falling in love with the property 18:53 Subscribe and like 19:05 Free Strategy Sessions 19:31 Outroduction   Due Diligence Process Steps: Have a process Have a team Pre-offer Post-offer   Thinking about getting started in real estate or scaling your business? Book FREE Strategy Session after viewing free training:    https://strategysession.sterlingwhiteofficial.com/   ****LIMITED SLOTS*** — Please take a second and say ‘Hi' in the comments and let me know your thoughts on the video… P.S. It would truly mean the world to me if you hit the subscribe button ;) — WHY ARE YOU READING THIS? There's a reason why you are here, reading this content. And there's an absolute reason why we cross paths. REAL ESTATE? I am here to be of value to you. No questions asked! — I'd like to THANK YOU for being here and here's my way of saying thanks! In this book, I talked about how I got started with negative funds, breakthrough real estate, and built a multi-family real estate portfolio in just 3.5 years. Techniques and strategies that I'd love to share with you! Grab your FREE Copy of My Book "From Zero To 400 Units" here: https://book.sterlingwhiteofficial.com — With just under a decade of experience in the real estate industry, Sterling managed over $10MM in capital, while scaling a real estate portfolio to just over 500 units. Through the company he founded, Sonder Investment Group, focuses on income-producing multifamily properties through the midwest. Sterling was featured on the BiggerPockets Podcast and has been contributing content to BiggerPockets since 2014, with over 200 posts on topics ranging from single-family investing and apartment investing to wholesaling and scaling a business. — Instagram: https://www.instagram.com/sterlingwhiteofficial/ LinkedIn: https://www.linkedin.com/in/sterling-white-b8840763/ Website: https://www.sterlingwhiteofficial.com   Like, Share, and Subscribe!

DDChecklist.HowToInvestInCRE.com - Download our FREE Due Diligence Checklist Today! How to understand due diligence from both an Investors Perspective and someone trying to do it themselves. Topics discussed: How to get from the signed contract or PSA (Purchase & Sales Agreement) to the closing table! Deal Closer / Title Company - Invaluable Asset to you team. $300 - $500 Attorney or Legal Team - Crucial when starting in Commercial Real Estate - $3,000 - $15,000 Property Management Company - HIRE ONE! Who is the Lender? They typically have the majority of the Capital Stack so it's an important relationship to have. Learn from your Due Diligence Mistakes! You will get better over time! *Be Sure to check us out on YouTube for the Video version of today's episode!** https://youtu.be/Zux6Fp4UiSI Links mentioned in this episode: DDCheckList.HowToInvestInCRE.com invest.HowToInvestInCRE.com - FREE LOI (Letter of Intent) www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://TheCriterionFund.appfolio.com/im/investor/contact-us

In this episode, Chad Carson shares about the importance of having a due diligence checklist for buying new properties.  Get Chad's checklist here: https://www.coachcarson.com/newsletter/  Checkout Chad's Podcast here: https://www.coachcarson.com/coach-carson-podcast/  --- Transcript   Michael: Hey, everybody, welcome to another episode of the remote real estate investor. I'm Michael Albaum, and I'm joined by my co host,   Emil: Emil Shour.   Michael: And we have a very special guest for this weekend wisdom. Chad Carson is with us again. And Chad's gonna be giving us a little bit of insight into how he does his due diligence and some tips and tricks he's developed over the years to do it really well. So let's get into it.   Chad, we were just chatting about a process that you use to close on every property that you close on, right?   Chad: Yeah, basically, I think the analogy we used was, you know, when you get in an airplane, and you see these pilots at the front of the airplane, and they're, they're walking around the plane, they're looking at things, they're testing things, they basically are going by a checklist, because who wouldn't look at a checklist to make sure you don't make a mistake before you put a huge metal plane into the air right with all these passagengers in the back? And I guess my point was, why wouldn't a real estate investor before they go buy a property with hundreds of 1000s of dollars or at least 1000s of dollars? And this might this property might be with you for a while right? And you want to make it work? Why would you not have some kind of process, some checklists that you would use when you're buying a property?   So I guess my main message is like, have a checklist, right? Even if it's like three or four things, what are the things you got to do and check those off the list, I started doing this with my business partner at the very beginning of our business, we just got lucky and read a book called The E myth, e myth mastery, I guess, just the E myth, right when we started our business, and that was that idea of checklist was like at the heart of that book. And so we just embrace that. And the idea, though, is that you can build a checklist for everything in your business, everything in your life if you wanted to. But every time you do a process, you're simultaneously doing the thing.   So you're closing on this property, you're doing the closing. But you should also be thinking about working on your business, and actually writing the checklist so that the next time you close on the business or the property or if you delegate it to somebody else, they can actually go through and do that same process as well. There's the kind of lesson itself of the closing checklist. And there's the meta lesson of just building your business around standard operating procedures and checklists. That has been so critical for everything we've done.   Michael: I think it's so interesting. And I know for me that confidence can be the like, biggest enemy here. And that Oh, yeah, I've done this 10 times, what do I need a checklist for? But to your point, I mean, that's when people really start to get complacent and mistakes get made. And so I'd be curious to know what's on your checklist.   Chad: Some of them are really mundane, like, hey, you're about to buy this property, make sure you turn on the utilities. Yeah, it's pretty straightforward, right? But I had some properties you bought and all the contractors show up and they're like, Hey, is the power on can't turn ourselves on. We'll be back in a week. Because we have other jobs, we have to get to now like, Nooo, delivering the dumpster like some of those kind of just like transitional pieces, those are definitely on there.   But even before that, I've got some items about how to like to send a instructions to the closing attorney or the title agent. That's a part of the checklist. And then there's a much more detailed checklist about due diligence. So once you get a property under contract, you get this period that we probably all have heard of where you just want to make sure that all your assumptions are right, make sure the values is what it thought you was, make sure the repairs are what you thought they were. And so that's a much more thorough list.   Everything from checking out like red flags in the neighborhood, making sure there's not like a vicious dog like jumping in the backyard, go different times a day. Look for powerlines look for weird smells look for it as we did every time I made a mistake. I kept on adding it to my checklist saying, Alright, there's another mistake that I'm gonna add to the checklist, right? So it just helps me to think through the deal and to analyze it, I think we're all susceptible to is that you you get emotionally attached to a deal. Like you want to do this deal. You get committed, like once you've started moving, once you're committed to it, you made the decision, you don't want to like show yourself that you are show everybody else perhaps that you made a bad decision. Right?   And so sometimes you got to have this checklist to bring you though some cold water on your, your excitement and to say, all right, take it easy here have some cold, hard calculating the questions to ask yourself. And the checklist is like my little computer brain kind of bringing myself back into the rational world.   Michael: It's so good. I know that for me personally, like after I've made that commitment, that emotional commitment, which I am trying to fight tooth and nail every single day, when I'll get probing questions of Hey, what about this? What about that? I find myself getting defensive.   Chad: Yeah.   Michael: And I'm like, wait, this has nothing to do with me. They're asking objective questions about the deal. It's not a reflection of you as a person back off. Yeah. So I know I need to I need to work on that big time. But I think that's great points that you bring up with your closing checklist.   One I'll add from a mistake that I made or almost made is when you receive wiring instructions from the title company, call them and verify the information that you're seeing on your screen is what they sent you. There's been a lot of wire fraud as of late and so somebody could intercept that change the instructions and then you still receive it from the title company. But in reality, you're receiving instructions to wire to Joe Blow in, you know, not the title company. So that's one that I picked up on over the years.   Chad: Absolutely. Yeah, there's a lot of good ones. This is something when you're a network with a purpose, like ask people, what do you do before closing? And then you can add those kind of things to your checklist, because there's so many, so much good wisdom out there from other people.   Michael: Yeah, there really is.   Emil: Chad, do you have a checklist or something people can download on your site? I know you have tons of resources. Is there some where people can go see your checklist?   Chad: Yeah, actually have a free toolkit. Anybody who goes to my website, like if you go to coach Carson comm forward slash newsletter, and you can actually get that on the homepage as well. And it's got my closing checklist. So you can you don't have to reinvent that wheel. If you just want to borrow that and download it. There's also some other stuff like I have a deal worksheet and some spreadsheets and different rental Tenant Screening kind of checklists and things like that. But yeah,   Michael: Awesome.   Chad: If y'all want to put that link in the show notes are something that people feel free to get that free and get downloaded for themselves.   Michael: Fantastic. We'll definitely check that out.   Emil: I might go get that myself can feel like I can always improve. I don't even have a checklist. So get on that you got it.   Michael: You can always expand it even if you glean one thing from every 10 people you chat with or network with or check out I mean, that's time well spent. I think so never stop learning. If you're the smartest person in the room, it's time to find a new room.   Chad: Exactly right. I'm gonna plan on being my last day on earth. I'm gonna be like, adding to my checklist and  learning something new.   Michael: So there we go. Awesome. Well, thanks so much for hanging out with us, man. This was really really great stuff as always enjoyed it.   Chad: Thanks for having me, guys.   Michael: Catch on the next one soon.   All righty, everybody, that was our episode. Thank you so much for listening in a big, big, big thank you again to Chad Carson. Super fun guy. It was a lot of fun to record with him, he's super gracious with his time. If you haven't checked out Chad's podcast, there's a link to it in the show notes as well. We highly recommend you giving it a look. And we always appreciate rating and reviews wherever it is you listen to your podcast. So thanks so much for listening and happy investing.  

I walk through my 10 steps due diligence checklist.

I walk through my 10 steps due diligence checklist.

My guest in this episode is Kavitha Baratakke. Kavitha is a principal at Cherry Street Investments is an Austin-based Real Estate investor and a full-time Multifamily Sponsor with over 10 years of investing experience in single family and multi-family real estate. Prior to real estate, she spent 19+ years as a Technology Professional working for IBM and Atlassian in various roles across Software Development, Customer Services, Partner Relations and Technical Account Management.  She brings strong analytical, problem-solving and presentation skills from her technology background to real-estate. She has successfully acquired, rehabbed, managed, owned and operated several single-family and multi-family investment properties in the Central Texas area. She is currently invested in over 2000+ doors/units in San Antonio, DFW, Atlanta, and Phoenix MSA as a Limited Partner and over 450 doors as a General Partner and Key principal. She currently sponsors apartment investments with boots-on-the-ground partnerships in various markets throughout the country including but not limited to DFW, San Antonio, Phoenix, Atlanta to name a few. Interview Links: Cherry Street Investments If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us!   Thanks so much for joining me again. Have some feedback you’d like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post!     Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them.     And finally, don’t forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and Instagram, @thecashflowninja.   Until next time!   Live your Freedom, Live your Legacy, on your OWN Terms,   M.C. Laubscher

"Failure is not the opposite of success. It's part of success!" I'm a firm believer that we learn much more from failures, not from successes. In this episode, we'll turn the table around and share with you the questions we usually asked our featured guests. I'll be answering them myself and my "epic fail moments" which later helped me succeed with personal goals in the real estate journey.  I'd really appreciate you leaving a review and rating on this podcast and send the screenshot to fae@sterlingwhiteofficial.com  and claim your FREE Multi-family Due Diligence Checklist.

What are the key items to check when performing due diligence? In this episode, we'll go over the ultimate list I personally use on my own due diligence when purchasing multi-family properties. Finding reasons why you should NOT buy the deal, some would say, how to kill the deal.  1. Obtaining Financials (Rent-roll, T-12) 2. Market Analysis 3. Competitor Analysis 4. Phase 1 5. Contractor Quotes 6. Walkthrough on individual units What's the most interesting thing you've seen during due diligence? How many times did I mention "due diligence"? To claim your FREE Multi-family Due Diligence Checklist, I'd really appreciate you leaving a review and rating on this podcast and send the screenshot to fae@sterlingwhiteofficial.com. Go out there and crush it!  

Today Andrew Keel is on Secrets to Real Estate Investing with Hard Hat Holly. Andrew Keel is the owner of Keel Team, LLC and his team currently manages 14 manufactured housing communities across six states. He specializes in bringing in homes to fill vacant lots, implementing utility bill back programs, and improving overall management and operating efficiencies, all of which significantly boost the asset value and net operating income of the communities. What you’ll learn in this episode: - The interesting stories you get from mobile home park investing - How to add value to mobile home parks - How to use seller financing to your advantage - How syndication in real estate works Free Download: Andrew Keel’s Due Diligence Checklist for Mobile Home Parks. Know where to start as you are checking out a mobile home park deal. Get it by filling out the form on this page or by texting the word “hardhat” to 38470. Contact Andrew: www.KeelTeam.com Podcast Interviews: www.keelteam.com/podcast-links

Owning a portfolio of over 100 revenue-generating websites may sound impressive, but it can be more pain than it’s worth, especially if you put your trust in the wrong partners. There are so many details, financing options, manageability, scalability, performance metrics, valuation, negotiation and due diligence. Googling for the answers is not going to cut it. Doing adequate or even deep due diligence is the linchpin. My guest for this episode knows that better than anyone. At one point, Tom Shieh owned a portfolio of over 100 websites. He was making bank so much in fact that he was able to travel the world in Tony Robbins Elite Platinum Partnership, which is a six-figure investment per year. That’s where I first met Tom, by the way. Since then, Tom has lost nearly all of those 100 websites in an elaborate swindle. These days, Tom owns and operates Crimcheck, a company that does criminal background checks of potential hires and potential business partners. If you ever plan on building a portfolio of multiple websites, buying a business or website, going into business with anyone or selling your business for that matter, this episode is a must read. If all you get out of this episode is Tom’s due diligence checklist, you will save yourself a fortune. Also, make sure you check out my interview with Ken Courtright, cofounder of Income Store for more amazing tips on building up a portfolio of revenue generating websites to the tune of eight figures.

ASKING and GETTING are two different things when dealing with a seller. Michael explains what critical financial and physical information you must ask the seller to produce before your earnest money is at risk. Make sure you download Michael’s “DUE DILIGENCE CHECKLIST” at the Old Capital Podcast website at OldCapitalPodcast.com. This CHECKLIST gives you the best breakdown of items you need to review.

From his experience workgn with Angels Den, Ray McLennan talks about property investors at the stage of due diligence, i.e., what needs to be found in check and ready for presentation raise for the required sum of finance

A house built on a firm foundation can weather any storm.  John Palter of Palter Stokley Sims further discusses his "Due Diligence Checklist" that he recently shared with the YES community.  Similar to a physical exam for your business, John and Kelly Kunst talk about the benefits of; Understanding the risks you're taking on the revenue side. The importance of diversification with vendors. Growing your business "at the edges". How to focus on and stimulate thought with what you can do better, and what you should improve in the coming year. Best practices on data breaches and why you're at greater risk now than ever before. Listen at the end of this podcast for how you can receive a complimentary copy of John Palter's Due Diligence Checklist for your business.  For more information about YES, go to YourExecutiveSymphony.org

Find out if your risk profiling assessment tools are fit for purpose, or potentially giving you incorrect information as Paul Resnik guides you through a due-diligence checklist that will test your risk tolerance systems. (First broadcast 27th January 2016.)

Brian Hennessey - Learning how to properly conduct due diligence saves investors a ton of time, money, and headaches. Brian is author of The Due Diligence Handbook For Commercial Real Estate. Brian shares the vast majority of investors, real estate brokers and commercial real estate professionals barely scratch the surface conducting their due diligence when purchasing real estate investments.    Here’s some of what you will learn: What brokers look for in due diligence (it’s often different than what investors look for). How and Why Brian wrote The Due Diligence Handbook. Why it’s important to have a Due Diligence Checklist, (we need reminding as much as we need learning). When to begin due diligence. A great way to ask for due diligence information early on. How to develop relationships with Brokers. What it takes to get on the map with Brokers. The biggest problem with due diligence, (you don’t know what you don’t know!) Book recommendation: The Due Diligence Handbook For Commercial Real Estate by Brian Hennessey. Book recommendation: The Leasing Handbook For Commercial Real Estate Investors by Hennessey. Our Guest You can learn more about Brian Hennessey at: http://www.impactcoachingsystems.com/   Want to build Lifetime Cash Flow from Multifamily Properties? If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now. Recommended Resource Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif Review and Subscribe Posted in Podcast Tagged acquisitions, Brian Hennessey, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training    

Getting your due diligence right is critical. But how cautious should you be in your estimations? Wishful thinking with your numbers is like forcing a square peg into a round hole and could spell significant financial loss. This week Marks helps you avoid these mistakes. The property industry lags way behind in it’s levels of marketing and online lead generation sophistication. That opens up countless opportunities for those willing to learn how to source deals through online strategies. This week Brad introduces you to the basics of online lead generation and how you can source deals other sourcers can’t find. Get the free resources mentioned in this show at http://goliathsourcingacademy.com/session4 "Sourcing With Mark" - Due Diligence Checklist "In The Lab With Brad" - 6 Steps To Creating Your First Lead Magnet & The 5 Point Lead Magnet Checklist Download at http://goliathsourcingacademy.com/session4

Is your risk profiling assessment tool fit for purpose and true to label? Paul Resnik discusses a new rigorous checklist that helps you do a proper due-diligence of the different risk tolerance tools on the marketplace today.