Due Diligence

Due diligence by trained and skilled multifamily management company with extensive experience.

• Property Profile: Including photos, floor plans, site plans, brochures, and marketing analysis.
• Residential Data: Lease audit, rent roll analysis, resident profile, and utility billing audit.
• Unit Inspections: Unit walks to include summary, detail and interior estimates for capital improvements.
• Construction Maintenance: Identify issues in parking, work order process, recurring maintenance problems, and recommendations for resolutions.
• Proposed Operating Budget: 1 year proposed budget, year to date, property payroll & staffing, 12 month concession breakdown, and gross potential rent.
• Operating Documents: Lease expiration, service contracts, all service orders, current staff schedule, purchase equipment list, property inventory, current lease/add, current leasing rents.
• Exterior Condition/Inspection: Construction, exterior, roof assessment, and life safety issues.
• Taxes/Insurance: Tax statement last 2 years, current yr appeal, 2 year loss run, and insurance certificates.
• Market Data: Market survey, map of comparables, shop comparables.
• Review/Analyze: Current Leases, lease management, address deferred maintenance, engage contract necessary work.