Scott Naasz on Commercial Real Estate Due Diligence
When it comes to buying commercial real estate, the due diligence process can be overwhelming, but it doesn’t have to be. In this video, Scott of North Star Commercial Real Estate Advisors provides a step-by-step guide to the due diligence process, so you can feel confident in your investment.
Here’s what you can expect when you work with Scott and the team at North Star Commercial Real Estate Advisors:
Research: Before making an offer on a property, you’ll need to research the area, the market, and the property itself. Scott will provide you with all the information you need to make an informed decision, including data on the local economy, population trends, and real estate market conditions.
Inspections: Once you’ve made an offer, you’ll want to have a thorough inspection of the property. Scott will help you arrange for inspections, including environmental, structural, and systems assessments, to ensure the property is in good condition.
Review of Documents: Before closing, you’ll need to review all the necessary documents, including contracts, lease agreements, and building plans. Scott will work with you to ensure that all the required documents are in order and that you have a complete understanding of the terms of your investment.
Due Diligence Checklist: To keep track of everything, Scott will provide you with a due diligence checklist. This will ensure that you have considered all the necessary factors and that you are fully informed before making a decision.
By following these steps, you can feel confident in your commercial real estate investment. If you’re ready to take the next step, contact Scott and the team at North Star Commercial Real Estate Advisors today!