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Due Diligence in Real Estate Investing

The AVID Investor's Club is organized by Stacy McBain, who is an agent with Swope Investment Properties.  They meet monthly and typically have a guest speaker and time for networking.  The July speaker was Kelly Turpin who provided the attached checklist for Buyers to use when purchasing an investment property.  This checklist would also be good for Sellers to use when preparing to list an investment property.  The checklist is a good summary.  As Kelly points out, most agents that specialize in investment properties have very detailed checklist that go far more in-depth and they vary based on the property type.  For example a duplex may have 20 items, whereas an apartment building likely will have over 50 items.  One item on my checklist is to check the sex offender registry.  Sex offenders in or nearby a multi-family property can negatively impact rental amounts, due to decreased demand.  I hope all of our readers find this checklist helpful.

Tony Drost, President, First Rate Property Management, Inc.

Tony Drost, President
First Rate Property Management, Inc.
Boise, Idaho
Contact me for more information about the Investment Real Estate and Property Rental markets in Boise and Idaho.

Tony Drost
Boise Real Estate Market

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