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Home Insider Blogs Blake Ratcliff's Blog Investors Should Spend More on Multifamily Due Diligence
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Jan 01
2010

Investors Should Spend More on Multifamily Due Diligence

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Posted by: Blake Ratcliff on Jan 1, 2010 10:59

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As an industry, we have been to lackadaisical completing due diligence.  Too often we are too focused on our debt source and not enough on our own requirements.  2010 is a good year for us to determine that we will be thorough and measured completing due diligence for our own interal  uses.

 Taking this step will go far to:

  • assure properly funded projects,
  • prevent future defaults,
  • improve long term and short term results, and
  • avoid poor  investments
In general, investors can benefit a great deal with more emphasis on the elements of due diligence and the benefits that can be drawn from it.

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