Transaction Guidance

The Buy Section

What Does It Do?

The buy section helps you with the transaction process of purchasing a rental property.

How Does It Work?

We provide you with the typical steps of the transaction process such as due diligence and closings and walk through it step by step.

Why Should I Use It?

The transaction process is undeniably a very important part of real estate investing and we can help you stay on track.

Update Lead Information

What Does This Mean?

All of the lead data you generated such as comparables, analysis, returns, and offers will continue to be available and can be updated as needed.

Why Is This Important?

For example, during the transaction process, information can change such as finding out additional repairs are needed during inspections. You can update the analysis information which affects your potential return information.

Property Condition

Maintenance

It's important to understand what typical maintenance items will come up regularly with properties. This will factor into your ongoing costs to keep the property in better condition.

Repairs

Typically, during the transaction process, inspections occur and additional repairs may be found. You can keep track of these here and get a better idea of cost.

Capital Expenses

Capital expenses are large ticket items such as a new roof or kitchen remodel making these very important to understand and track the costs ahead of time.

Due Diligence

Inspections

There are many different types of inspections that may be needed on your new investment property. Let us help you keep track of the ones needed.

Rental

If the property your purchasing is an existing rental, there are several items you'll want to review before moving forward such as existing leases, rent rolls, and more.

Financial

This is another area where it's important to find and understand hidden costs such as insurance, utilities, and more.

Documentation

Nobody likes paperwork, but it's a vital part of the process and we want to help you keep track of everything required.

Transaction Closing

Checklist

We provide you a closing punchlist that can be altered to fit your requirements and help you remember all of the final items required to close.

Convert to a Rental

Once you've officially closed your purchase, it's time to convert this to a rental property and move it to the rent section!