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Investing Strategies

Your First Apt Deal: A Due Diligence Crash Course

nerdMogul’s operations manager, Jason, claims to have never met anybody (except us) who gets excited about the idea of due diligence.

“Not even that über nerdy guy in my Real Estate Investing class at NYU!” he insists.

And I can understand why...

When you stop to think about it, the word “due” is rarely associated with anything good or exciting.  (Bills, anyone?)  And the word “diligence” only seems to conjure images of a slow and steady turtle – or perhaps Andy Dufresne’s character in The Shawshank Redemption.

However, despite its rather uninspiring connotations, a well-executed due diligence process is absolutely vital to your success as a real estate investor.  And it is especially important for anybody who has decided to test the waters of multifamily investing.

Sidenote:  Have you recently decided to begin testing the waters of multifamily investing?  If so, be sure to check-out the first…


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