Another essential part of the due diligence process is the apartment walkthrough. Here, we will cover what to be on the lookout for.
Another essential part of the due diligence process is the apartment walkthrough. In this stage of due diligence, you will be looking out for the condition of the units, including the carpets, fixtures, etc. Are they in good condition, or will they need a lot of upgrades, requiring you to revise your underwriting to plan for renovations and possibly even re-trade the deal with the seller?
Here, we will cover what to look out for.
Lesson 3 Action Steps
(1) Have a pen & your notebook ready to take notes and write down questions for the private Facebook group or monthly Q&A call
(2) Download the sample Walk-Through Template in the Resources tab.