What Do I Need to Know Before?

08/03/2022 29 min Temporada 1 Episodio 92
What Do I Need to Know Before?

Listen "What Do I Need to Know Before?"

Episode Synopsis

As a homebuyer, or an investor, we expect the professionals we hire to look after their area of specialty. Realtors handle the purchase and sale… mortgage Brokers handle the financing…home Inspectors handle the inspection…But what’s missing?That’s a tough question to answer when you don’t know what you don’t know. Due diligence is our responsibility as the one buying a property, but we need to know what to look for during the “DD” period. You see, it’s not enough just to hire a team of professionals to help. All of the licensed professionals can be the best in their field, but there's always a chance for gaps to appear between their areas of specialty. For instance… What is the zoning on the land?It's possible that if the property isn’t zoned correctly, a lender won’t finance it. All it takes is a small miscommunication, or a small gap in knowledge, to make a deal go south in a hurry. On this episode of the “Real Investment Property Income” podcast, we’re talking about due diligence, and what to look out for when you’re buying a property. Whether you’re an investor, or buying your first place, you’ll want to take some notes during this one. www.guidetothegrind.com