Understand occupancy and documents
Ask for the available information on leases, inclusions and the occupancy of each unit.
Protect personal information and check the applicable obligations with qualified professionals.
Assess condition and work
Examine the upkeep of the building’s components and documented work, then plan the appropriate inspections.
Do not infer the condition of a system from a quick observation during the visit.
Calculate costs and capacity
Include financing, transaction costs, maintenance and building management expenses.
Have the income and financial assumptions validated for your situation before submitting an offer.