Financial Due Diligence Made Simple
06/16/20 • 37 min
You've got your first apartment building under contract, now what?
Time for due diligence, baby!
This is a big topic so we're breaking it into two episodes. This week we're simplifying the world of financial due diligence. That is, how do we sharpen our underwriting, audit rent rolls and past financials, and make sure there are no surprises waiting for us on the day of closing.
Whether you're an active or passive investor, you've absolutely got to have a handle on what goes into due diligence.
Let's get started!
Book Recommendation: Never Split The Difference - Chris Voss
***
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
***WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is... MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
You've got your first apartment building under contract, now what?
Time for due diligence, baby!
This is a big topic so we're breaking it into two episodes. This week we're simplifying the world of financial due diligence. That is, how do we sharpen our underwriting, audit rent rolls and past financials, and make sure there are no surprises waiting for us on the day of closing.
Whether you're an active or passive investor, you've absolutely got to have a handle on what goes into due diligence.
Let's get started!
Book Recommendation: Never Split The Difference - Chris Voss
***
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
***WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is... MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Previous Episode
Investing in the Right Multifamily Market Made Simple
Real Estate is all about location, location, location.
Join us in this week's episode as we break down the Economic, Regulatory, and Local factors to consider when you're evaluating a particular market.
A great episode for active and passive investors alike as we share some powerful resources to help you quickly and confidently analyze potential markets and neighborhoods to invest in.
Resources Mentioned in Episode
IRR Viewpoint Report
Millken Best Cities Report
Marcus and Millichap Report
FFIEC
city-data.com
Google.com
Book Recommendation of the Week
The World Needs Your F*cking Ideas: How to Start a Business That Will Save Our Universe - Benjamin Vandenwymelenberg
***
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
***WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is... MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Next Episode
Physical Due Diligence Made Simple
You've got your first apartment building under contract, now what?
Time for due diligence, baby!
We're back at it this week in part two of the two-part due diligence series. This time we're covering physical due diligence.
Let's get into each unit with our contractors, architects, appraisers and the like to make sure we know exactly what's behind every single door in that complex.
We're going to leave no stone unturned to make sure no cracked foundation, leaking roof, or busted pipe are waiting like a ticking time bomb for closing.
Whether you're an active or passive investor, you've absolutely got to have a handle on what goes into due diligence.
Let's get started!
***
Thanks for listening! Did you find it helpful? Hopefully, there was some valuable information in there for you.
If so, please take a moment to leave a review over on iTunes, Stitcher, or wherever you happen to be listeningl. Your feedback helps us improve and grow!
Invictus Capital: https://bit.ly/2Lc0ctX
***WHO ARE WE?***
Hey! We’re Dan Krueger and Anthony Vicino and we are apartment syndicators investing in Minneapolis, MN with a passion for real estate (particularly multifamily), financial education, and personal development.
Wait...what’s an apartment syndication? Click here to learn more: https://bit.ly/2zgc7o6
We’re on a mission to help as many people as possible achieve financial freedom through the awesome investment vehicle that is... MULTIFAMILY!
Are you tired of riding the stock market roller coaster, working a corporate job you hate, or worrying about retirement?
Good news is, there’s a better way.
Multifamily Real Estate Investing!
Bad news is, when you’re first starting out, it can seem pretty complicated.
Complexity leads to overwhelm, and when you’re overwhelmed, you don’t take action.
Well, we can help with that, because after years in the business, we’ve learned that real estate investing is actually pretty simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
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