Comprehensive Due Diligence Services
Investor Nation™ evaluates hundreds of homes in our markets each month. We identify three types of properties as sound investments:
- Rehab to rent – Rehab to rent properties are older homes that need renovations. Through our 13-point due diligence process, we determine if a home qualifies to become a Certified Investment Home™. Only one in every 100 homes we evaluate passes this rigorous test. If it becomes a Certified Investment Property™, it becomes a part of our inventory for our investors to evaluate according to their own investment goals.
- Properties already rented – Properties already rented have paying tenants living in them at the time of the home's purchase from another investor. We evaluate the tenants, management company, and sellers. The tenants must have been recently placed in the home, and they must have good credit and payment history. The property management company must be properly certified and creditable. The sellers must be reputable with a history of client satisfaction. In addition, the home needs to be under a warranty to minimize maintenance costs.
- Pre-construction or new homes – Pre-construction homes have been planned but not constructed. New homes have already been constructed, but no one has lived in them. Neither type of home is in need of renovations. We evaluate the building, financing options, insurance, and property management company. The builder must be reputable with a history of buyer satisfaction. The financing must achieve the goals of the desired real estate investment strategy. The property management company must be properly certified and reputable. In addition, the insurance must be adequate and affordable.
Our due diligence program creates a buffer between our investors and the original sellers. Through our due diligence process and our experience in the industry, we identify and avoid property misrepresentations. Unscrupulous real estate sellers will not take advantage of our clients because our clients deal directly with us.