How to cure deal breaking due diligence obstacles you might find when you are investigating otherwise attractive commercial deals.
Sometimes a deal looks great, but when you start looking closer you find things in the due diligence that turns you off.
Sometimes these things might be red-flags telling you to move on, other time it’s can just take a little creativity to turn the deal around and make it work.
I’ve seen too many deals go sour because the buyer has not know how to overcome what must’ve seems like an insurmountable issue with the property, yet, with a little creativity could’ve been turned into a win.
In today’s podcast You’ll discover:
- A common deal scenario that can be a great win win if you can find one of these deals
- Why the too hard basket can be transformed into a big win. (This is where most people give up)
- The first thing that you can do when things in a property are non-compliant with council regulations.
- How to get building updates done at no cost to you before you've signed a single contract.
- The thing you need on the lease to make sure you don’t incur additional outgoings. (You'd be crazy not to do this)
- The cheeky question you can try to massively cut down your upkeep costs. It doesn’t always work but it’s always worth asking.
- What do to when your new tenant has no bank guarantee, or the guarantee is so old that it's not worth the paper it's written on.
- I’ll show you how to asses whether it’s still worth going ahead or whether it's time to throw in the towel and move on to the next deal.
- How to use that information to make your property more sale-able (which will increase the value even if you don’t want to sell).
Check it out…
But before you do… make sure you subscribe to the podcast so you get them as soon as a new one comes out… that way you won’t miss a thing.
You can find the podcast on iTunes if you’re on an iPhone or if you’re on an Android do a search for my name on your favourite podcast app
Remember to check out my webcast to see the kind of deals my students have been doing in the last couple of years.
Register here for the next available date – It’s free.