The Weekly Wave

Recent Educational Content From Our Crew

14 Steps to Multifamily Acquisition - Step #6 Tour The Property

Investing in multifamily properties requires foresight and a thorough understanding of the property's condition. Property tours are crucial in making informed decisions, as they allow investors to take a closer look, inside and out, and ask important questions. During the tour, investors can assess deferred maintenance costs, determine capital improvement planning, connect with current residents, and determine the seller's motivations and honesty. The tour also provides an opportunity to speak with residents, employees, on-site managers, and maintenance staff for valuable insights. This blog provides a comprehensive guide on what to look for during the property tour, both inside and out, to help investors make an informed decision.

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