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Man of God, Buying and Managing Multifamily Communities for Atrium Development Group, 100M AUM, Podcast Co-Host (We're Invested: Real Estate Podcast)

Real Estate Term of The Week: *Due Diligence* The due diligence process in real estate refers to the comprehensive investigation and evaluation of a property that a potential buyer or investor conducts before finalizing a purchase. It is a critical phase aimed at uncovering any potential issues, risks, or liabilities associated with the property and assessing its suitability for the intended purpose. The due diligence process typically involves thorough examination of various aspects including legal, financial, physical, and environmental factors. T This may include reviewing contracts, leases, zoning regulations, property surveys, environmental assessments, financial statements, and other relevant documents. Additionally, physical inspections of the property may be conducted to assess its condition and identify any structural or maintenance issues. The goal of due diligence is to provide the buyer or investor with a comprehensive understanding of the property's opportunities and risks, enabling them to make informed decisions and mitigate potential pitfalls before completing the transaction. #business #realestate #education Atrium Management Company

Jerid Meagan

Principles Realty Group

8mo

Joshua Adlam love due diligence

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