‘Unit Inspection’ Archives
IRREIA is Proud to Sponsor Our New Book Coming Very Soon
IRREIA is in the final stages of publishing our first Ebook for our readers and members. This volume offers over 250 pages of actionable ideas to improve your investing and property management skills and results. Divided into 7 sections, the book covers: Developing investors, Investor communications, Reducing operating costs, Increasing revenue, and Much more We believe you [...]
Services and Support
IRREIA begins offering due diligence services, business plan support, market study report, and other services today. Our proven experts provide money saving, risk mitigating, return boosting support for your project needs. Due Diligence Reports and Visits, Executive Summary Preparation, Business Plan Preparation and Review, Financial Model Development, Market Studies
Letter of Intent Template
I've just completed a tried and true letter of intent you can put to good use as you negotiate with sellers. You may want to tweek it a bit, but this item gives you the complete item to use. A Letter of Intent (LOI) makes sense to use prior to going to contract. The LOI gives you the opportunity to agree to terms prior to handing the document to your lawyer. This can save you [...]
A Plan to Complete a Successful Residential Investment
Many investors become put off completing an investment by the details of completing the process. This week we are adding a page to help prospective investors "Eat the Elephant". Like the old adage says, the elephant is eaten one bite at a time. To complete an investment, there are some distinct steps to wade through. Unfortunately, this is not a path that always lends itself to meeting [...]
General Guide to Multifamily Investment Due Diligence
Successful multifamily investment requires careful consideration of a range of areas supported by carefully prepared information, research, and analysis for these areas. This is known as the due diligence process. A well executed due diligence assures appropriate funding, strengthens the total financial plan and therefore potential returns, and finally leads the way to completing a successful [...]
Site Inspection – The Units
Effective due diligence requires a unit by unit inspection noting by individual component, subsystem and material current conditions and improvements necessary for optimum operation and capital planning. Info should be collected of actual dimension and exact location of all items including: plumbing types and condition, electric including amperage and voltage, electrical [...]
