Investment Property Due Diligence - What to Look at Before Closing on a Deal
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Due Diligence...it's not the most sexy topic within the realm of real estate investing, but it a critical one. While most of us would rather be talking about big deals, high returns and home run projects, the truth is that those things will never happen without proper due diligence when getting into a deal. Today we're going to talk about just that, and some of the things you need to be considering before you close on any investment property. While far from everything you need to be looking at, this list will get you started in the right direction, and thinking of some other things you may want to check into before you fully commit to any real estate purchase. Don't skimp on these areas....real estate investing holds risk, but you can minimize that risk and avoid poor investment decisions by making sure you're taking proper steps in your due diligence process.