Due diligence is the investigation that a reasonable business or person should take before entering into a purchase contract.

Our due diligence process is outlined below:

• Property inspection, including touring all residential units, mechanical rooms, common areas, and grounds.
• Evaluating the maintenance history and looking for recurring concerns.
• Market Analysis Study of utility consumptions and provider options.
• Conducting random tenant interviews.
• Analyzing former operating performance of assets.
• Reviewing the financial proforma with you.
• Collaborating with a business blueprint as you assess the probability of success.
• Single Family – Worked with some 1000 foreign investors who overpaid for properties purchased in Florida and Texas, including houses and condominiums, to improve the values and rental rates under very unfortunate circumstances. Their Chinese agent sold these properties as all-cash purchases without property inspections or appraisals to later find the properties were not consistent with the photographs presented, the rental market, or the operating expense proformas they were provided.
• Rolled out the software so that each owner could have an exclusive owner’s portal to provide transparency across the globe, including monitoring tenant work order requests, vendor invoices, and providing on-line data storage for clients.
• Hired Mandarin and Cantonese speaking accountants to improve the American manager to Chinese client communications.

Team Catalyst will provide guidance within the multiple layers of negotiating the application, managing the due diligence, handling the closing, sourcing the loan with our very dedicated mortgage broker, sourcing insurance options with our reputable insurance broker, and servicing the lender relationship as Team Catalyst.