The Due Diligence Process Plan Handbook For Commercial Real Estate Investments

There's a huge problem in the commercial real estate business that nobody is talking about- DUE DILIGENCE.

The vast majority of investors, real estate brokers and commercial real estate professionals barely scratch the surface conducting their due diligence when purchasing commercial real estate investments. Investors are taking unnecessary risks and throwing money away or making bad investment decisions by not properly performing due diligence. Brokers are putting themselves at risk for potential litigation and missing an opportunity to help their clients as a true ally and team member by learning these principles.

Having and adhering to a proven system keeps you from missing something and allows you to do it faster, easier and more efficiently.

This handbook will help investors save time, money, create additional value and to avoid the potential pitfalls when purchasing commercial real estate, as well as make the process much less stressful. If you're an investor you want to be certain that you are making an informed and intelligent decision, whether you're looking to buy a triplex, an industrial, office building or a shopping center.

If you're a property/asset manager helping a client to purchase properties or a real estate broker looking to add to your knowledge base and a new skill set to help clients to invest, this information will help you to be a more valuable team player and ally because you will be adding much more value to the buying process. You'll also be able to avoid potential litigation by learning these principles and skill set.

It is written in a concise pragmatic fashion as a real due diligence tool and is not intended as a voluminous textbook of information on the subject. It is based upon over 30 years of experience in the commercial real estate business. The information it contains is applicable to all commercial real estate investments.

Many of these lessons covered here were learned the hard way.
There are two ways to learn; from your own mistakes or from others mistakes. It's always easier and cheaper to learn from others mistakes.

This handbook will be a useful tool from which investors can avoid mistakes in the due diligence process and gain a better understanding of the salient due diligence issues. There are dozens of valuable lessons to be learned in this book. When you know what to look for and know what questions to ask, you are armed and ready to handle any seller. Just one idea in this book could save, as well as make you, a ton of money .

The whole purpose of the due diligence process is to discover the potential problems with a property, reveal any hidden profit potential, and to verify all information that you have obtained. All this "intelligence" will enable a buyer to make an informed decision on whether to move forward, or not, with an acquisition. In short, a thoughtful due diligence process will afford the buyer confidence that once the acquisition is complete, there will be no material surprises. In other words, you're purchasing the investment with "eyes wide open".

The due diligence process is only one aspect of the commercial real estate purchase transaction, but it is of fundamental and critical importance. For beginning investors, this handbook will provide a useful and efficient resource to cutting through the minutia and focusing on the important issues as well as providing a number of cost savings and money making tips. And for seasoned pros, there will be golden nuggets to help refine their due diligence practices as well as provide a proven framework in which to complete the examination.

I still use it as a reference tool when performing due diligence when purchasing properties. We need reminding as much as we need learning. There are just too many things to remember. You will refer to this handbook over and over again