#89: Summer is fast approaching, and that’s traditionally when home-buying season ramps up.
This week, I share insights on how to conduct due diligence when you’re looking to buy a home. Whether you’re buying a primary residence or investing in rental real estate, rigorous due diligence is critical to ensuring you get a good property at a reasonable price. In this episode, I explain my entire process for thoroughly analyzing a property before writing an offer.
You learn:
- 10 key things to look for when doing pre-tour due diligence
- The 4 big things to look for in disclosure packets
- How to evaluate the history of previous remodels, structural changes, or additions to the house done by prior owners
- Special tips for buying a condo – how to analyze HOA records, financials, rules, and CC&Rs
- My 12-point checklist on what to look for when touring a home in person
Check it out here:
https://hackyourwealth.com/real-estate-due-diligence
If you’ve bought a home before, what are the most important due diligence items you look for? Let me know by leaving a comment.
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Related links:
- Battle-tested home remodeling tips for saving serious money and getting the most from your contractors
- How to find and vet good home remodeling contractors like a boss
- How to write an offer to purchase a house (that stands out and wins)
- How to do a residential property inspection step by step: What smart real estate investors look for
- How to research real estate markets: The single best resource you need
- Avoiding capital gains tax on real estate: how the home sale exclusion works
- The True Benefit of Homeownership (why buying has paid off over renting, even in a million dollar market)
- Schedule a private 1:1 consultation with me
- HYW private Facebook community
Intro/Outro: Old Bossa by Twin Musicom.
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