AAOA

MAY 22, 2025

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. That business has income, expenses, employees (property managers, maintenance), customers (tenants), and systems. Due diligence is where many deals fall apart or get renegotiated.

Due diligence 64

Due diligence Purchase and sale agreement Finance Investor 64

Realtor.com

JANUARY 10, 2023

After all, a rental comes with its own expenses—like maintenance, repairs, and, if you opt for it, property management. Check into what costs you can write off, such as mortgage interest, property tax, operating expenses, depreciation , and repairs,” he says. Will your old property appreciate?

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Due diligence Property Management Closing costs Mortgages 105

The Close

NOVEMBER 26, 2024

As you consider the process of how to buy a vacation home, here are the main benefits and disadvantages: Pros Cons A vacation property can provide an additional source of income. Whether you rent the property or not, you'll be responsible for utilities, maintenance, taxes, and property management fees.

Purchase and sale agreement 98

Purchase and sale agreement Property Management Finance Banks 98

Marco Santarelli

JUNE 15, 2025

I view Cleveland best suited for investors focused on yield and willing to put in the effort on property management or finding solid local partners. Due diligence on specific property condition is crucial, as many properties are older. Purchase prices are low, and rental demand is consistent.

Investor 52

Investor Sales Due diligence Property Management 52

Marco Santarelli

AUGUST 16, 2024

A structurally unsound building can quickly become a money pit, negating any initial cost savings. Factor in all costs: The purchase price is just the tip of the iceberg. Consider closing costs, potential renovations, carrying costs like property taxes, insurance, and potential vacancies.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

The Close

JANUARY 21, 2025

This type of transaction requires a large amount of capital for a down payment and closing costs. Limited control: Wholesalers have limited control over the final property transaction since it depends on the buyer's decision. Real estate auctions: Attend auctions, both online and in-person, to discover distressed properties.

Investor 96

Investor Title Renovation Due diligence 96

HomeLight

MARCH 13, 2023

Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way. They hired a property management company that didn’t do the job well or the people destroyed the property. of the property’s sale price or $0.70

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Sales Investor Due diligence Renovation 98