Short first-person YouTube update announcing a new apartment building under contract in Houston, Texas and describing the speaker’s on-site due diligence plan: reviewing lease files vs. rent roll, walking every unit, running plumbing camera inspections for damaged pipes, and having an electrician inspect breaker boxes and GFCIs before presenting the opportunity to investors. The speaker promises further updates.
Chapters
Hey, everybody. Excited to share the great news that we have a new apartment building under contract in Houston, Texas. Today is one of my favorite days because we get to do due diligence. So today we're going to be going through the lease files, checking everything, comparing it to the rent roll. We'll be walking every single unit here at the property. We'll also be doing our plumbing inspections where we'll have our plumber run cameras through the lines, check for any cracked pipes or any damage that we'll need to be aware of. We'll have our electrician check in for each of the breaker boxes, checking for GFCIS, etc. So all in all, this will be a great day. We do this before we go out to our investors, sharing the opportunity for investment, so we do all the due diligence up front. So that way when we go to our investors, we feel very confident about our business plan and what we have to offer. So hope everybody's doing well and I'll keep you all posted. Hey everybody. Excited to share the great news that we have a new apartment building under contract in Houston, Texas. Today is one of my favorite days because we get to do due diligence. So today we're going to be going through the lease files, checking everything, comparing it to the rent roll. We'll be walking every single unit here at the property. We'll also be doing our plumbing inspections where we'll have our plumber run cameras through the lines, check for any cracked pipes or any damage that we'll need to be aware of. We'll have our electrician check in for each of the breaker boxes, checking for gfcis, et cetera. So all in all, this will be a great day. We do this before we go out to our investors, sharing the opportunity for investment, so we do all the due diligence up front. So that way, when we go to our investors, we feel very confident about our business plan and what we have to offer. So hope everybody's doing well and I'll keep you all posted.
