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Commercial Property Due Diligence Checklist To Reduce Risk with Steve Palise

Commercial Property Due Diligence Checklist To Reduce Risk with Steve Palise

Released Wednesday, 15th May 2024
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Commercial Property Due Diligence Checklist To Reduce Risk with Steve Palise

Commercial Property Due Diligence Checklist To Reduce Risk with Steve Palise

Commercial Property Due Diligence Checklist To Reduce Risk with Steve Palise

Commercial Property Due Diligence Checklist To Reduce Risk with Steve Palise

Wednesday, 15th May 2024
Good episode? Give it some love!
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⭐ ⭐ To get one or both Steve's book for Free (shipping only) use the code ‘PROPERTYPALS’ https://www.paliseproperty.com/commercial-book 

 

🏢 Join us for a deep dive into the world of due diligence in commercial property investing, where attention to detail is paramount. In this wise and professional episode, Steve unveils his comprehensive 100+ point Due Diligence checklist, shedding light on the multitude of factors to consider when evaluating commercial properties.

🔍 From mezzanine risks to lease agreements and tenant risks, we leave no stone unturned as we explore the complexities of conducting thorough due diligence. Learn how to navigate the intricate web of documents required from various parties involved in the sale process, ensuring nothing slips through the cracks.

📑 Discover the essential documents you need to obtain and meticulously review to gain a comprehensive understanding of the property's condition, potential risks, and investment viability. We provide expert guidance on examining these documents with a discerning eye to protect your interests.

💼 Steve shares insights into why certain types of commercial properties require more extensive due diligence efforts and the specific challenges investors may encounter in the process. Gain valuable knowledge on where to focus your attention to mitigate risks effectively.

💰 Lastly, we delve into the nuanced decision-making process between purchasing properties at a discount versus fair market value or slightly higher. Understand the trade-offs involved and where strategic opportunities lie in finding the balance between cost and value.

Tune in for an insightful and professional discussion that equips investors with the tools and knowledge needed to master due diligence in commercial property investing.


Episode Highlights:

  • Steve listed most of his 100+ point Due Diligence checklist items, there are so many things to check when doing Due Diligence on Commercial Property.

  • We discussed mezzanine risks, lease agreement and tenant risks and so much more.

  • We covered what type of documents you need from all the different parties working on selling the commercial property, and there are a lot of documents you need to thoroughly check.

  • Steve explains what type of commercial property takes more work during due diligence and why that’s the case.

  • Lastly we discuss the difference between buying something cheap and something at fair market value or slightly higher. And where you can play in between at times. 

About The Hosts:

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

About The Guest

Steve Palise is one of Australia's leading residential and commercial property buyers agents. Steve was able to leave his 9-5 with the property portfolio he built and is now a podcaster, author and success agent for many Australian's who want to replace their income by investing in property.

To get one or both Steve's book for Free (shipping only) use the code ‘PROPERTYPALS’ https://www.paliseproperty.com/commercial-book 


Resource Links:

➥ Property Pals Website - https://www.propertypals.au/
➥ Property Pals Website - https://www.propertypals.au/coaching
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources 


Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

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From The Podcast

Property Pals

The hardest part about property investing is building the right team.In this podcast we share how to build your property portfolio with tips on buying, selling, and scaling your property investment portfolio and selecting a world class team of property professionals to do so. If you can’t get finance it makes it near impossible to invest and scale your property portfolio. If you don’t know when to buy, where to buy and what asset to purchase for the stage you are in building your property portfolio, you could stunt your growth.If you don’t have the right accountant on your side helping you structure your investments, you could pigeon hole yourself with liabilities, strangle your growth potential and end up paying more tax than you’d like.About the Hosts:Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing. Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey. The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios. Free Tools:https://www.propertypals.au/resources/https://www.propertypals.au/Disclaimer:Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional. 

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