Due Diligence Saves the Day

As an investor, I find the window of due diligence to be the most critical. In fact, without it, what looks like a good investment could turn into a failed one after it’s too late.

My investment partners and I made an offer on a property we thought might work. (we avoid analysis paralysis 😀) On paper, the financials seemed sound, but we know to be thorough and look closely at details. During due diligence, we hired an architect and discovered the square footage they were marketing did not line up to the actual square footage of the property. This flipped the numbers upside down, turning the property from a good investment to an unworkable one. Luckily, we were protected.

Due diligence is essential for proper decision-making while buying a property. It keeps investors from buying assets that don’t match their investment goals, like those that are distressed, overvalued, or underperforming. This experience is a good example of why it’s important to always dig deep and double check the numbers! 🪂👨‍🚀

Jeff Salzbrun is the owner/broker of Commercial Equities Group (CEG). As a veteran-owned real estate brokerage, CEG has been involved in thousands of sale and lease transactions, ranging from single offices to 250,000+ square foot buildings. At CEG, we get your deal done. We know space, and we know the CRE business.

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