JF3545: Physical Inspections 101: Essential Steps to Avoid Common Pitfalls — The Due Diligence Show ft. Charles Dobens

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 19 May 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of the The Due Diligence Show, Slocomb Reed is joined by Charles Dobbins. They discusse the key aspects of physical due diligence, including common mistakes, best practices, and insights on evaluating multifamily properties for potential issues and renovations. Sponsors: InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Quick disclaimer the views and opinions expressed in this podcast are provided for
0:04.2	informational purposes only and should not be construed as an offer to buy or
0:08.3	sell any securities or to make or consider any investment or course of action.
0:13.7	For more information go to best ever show.com.
0:17.0	What you're looking to do is not going to work.
0:19.0	You've got to double everything.
0:21.6	Double the time, double the the expenses and if that means a deal doesn't work
0:26.0	do yourself a favor and walk away from the deal
0:29.0	welcome to the best ever show the world's longest running daily commercial real estate
0:34.0	podcast. Our hosts interview commercial real estate experts every day to get you the
0:39.2	best advice ever with none of the fluffy stuff. Best ever listeners.
0:43.0	Welcome to the best real estate investing advice ever show.
0:46.0	I'm Slocum Reed and today we are joined by Charles Dobins
0:50.0	in our Due Dilig diligence mini series.
0:53.6	Charles is joining us from Nashua, New Hampshire.
0:57.0	He's a multifamily investor, owner-operator, and coach.
1:00.9	His current portfolio consists of 12 assets with 1,245 doors in the past 15 years.
1:08.0	Over 50 million in multifamily has passed through his portfolio and in the last 20 years his coaching
1:14.5	clients have transacted over 3 billion in multifamily. Our due diligence topic
1:21.1	for today is physical inspections. due diligence
1:24.4	one-to-day is physical inspections
1:24.8	101. Charles, can you tell us a little bit more about your background and then let's dive in?
	...

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