A series following along how we evaluate, negotiate, and create value to close a real estate investment opportunity in real time
@Nishil, how will you factor in one time big ticket expenses eg. roof is due for replacement, new asphalt , big maintenance during the due diligence.
I live in Bay Area . The properties are generally old and always come with deferred maintenance.
This specific property was in great shape, but if a property has deferred maintenance we will typically discuss it with the seller and make it known the costs to make such repairs will be adjusted for in the purchase price.
Good bull. Thanks for the insight, it was a great read! 👍🏾
@Nishil, how will you factor in one time big ticket expenses eg. roof is due for replacement, new asphalt , big maintenance during the due diligence.
I live in Bay Area . The properties are generally old and always come with deferred maintenance.
This specific property was in great shape, but if a property has deferred maintenance we will typically discuss it with the seller and make it known the costs to make such repairs will be adjusted for in the purchase price.
Good bull. Thanks for the insight, it was a great read! 👍🏾