AMA - Is This Investment Too Good To Be True?
- Author
- Victor Menasce
- Published
- Tue 26 Dec 2023
- Episode Link
- https://podcasters.spotify.com/pod/show/victorjm/episodes/AMA---Is-This-Investment-Too-Good-To-Be-True-e2dm2e6
Today is another AMA episode. Today’s question comes from J who writes:
I’m performing due diligence on an investment opportunity for a conversion of an existing property into a multi-unit property. This is essentially a repartitioning of an existing 3000 SF property into multiple units. The total investment is about $1.5M and the deal sponsor is estimating that the property will be valued at $3M based on the income approach. It’s in an area that is not known for the most expensive properties. What questions should I be asking from a due diligence perspective?
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Host: Victor Menasce
email: [email protected]
