Ep33: Common Due Diligence Traps to AVOID When Buying Residential Real Estate - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5 • 957 Ratings

🗓️ 10 November 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode gives an insight into the do’s and don’ts of buying a residential property. The hosts sit down and discuss, in great detail, about what syndicators need to keep in mind before purchasing property and the possible traps they need to be wary of.

WHAT YOU’LL LEARN FROM THIS EPISODE

About what steps buyers need to keep in mind when purchasing property
How buyers can estimate income
How buyers need to decide whether to rent out or sell the property based on the net income they will earn
Detailed example with calculations to further explain how buyers can calculate income and expenses
Possible traps and issues that buyers may face along with their solutions

RESOURCES FROM THIS EPISODE

Rento Meter Wesbite: www.rentometer.com
Zillow Website: Zillow.com
Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

CONNECT WITH US

Email: [email protected]
Website: https://marcokozlowski.com
Facebook: https://www.facebook.com/realmarcokozlowski/
Instagram: https://www.instagram.com/marco.kozlowski/

Transcript

Click on a timestamp to play from that location

0:00.0	We have to use common sense and compassion whenever we're buying, you know, what are the seller's actual needs?
0:06.3	Are we doing something that's fair or we are we really splitting hairs over principle?
0:12.6	Welcome. splitting hairs over principle. Welcome to the big fat real estate checks podcast with Marco Kaclowski,
0:19.6	where we help investors like you get the knowledge and skills you need to replace your J-O-B with passive
0:26.1	cash flow for life.
0:28.0	Hey Marco here, I really strong,
0:35.0	our earlier podcast that we created.
0:34.0	Now, our mics were not the best, but the content was really strong,
0:38.0	and I know you will learn a lot.
0:41.0	We had an absolute blast recording this and I know you're absolutely going to love it as much as we loved recording it.
0:48.0	This extremely content-rich information will not only give you the edge in your real estate investing
0:54.5	business but in everyday life. Enjoy.
0:58.4	Welcome back to yet another fabulous episode with us to confuse you on how to do what comes next.
1:07.6	What are we going to talk about today, boys?
1:10.0	Diligence.
1:11.0	D. D. D. D. D. D. D. D. D. D. D. D. D. D. D. D. D. D. D. D. D.
1:13.4	D. D. D. D.
1:14.0	D.
1:15.0	Oh yeah.
1:16.0	Don't get your mind in the gutter.
1:18.0	Oh no. We're talking about due diligence.
1:20.0	Yes. And what to do before closing on a property.
	...

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