Take a moment and reflect what you want to accomplish in 2018.
How do you want to feel? Frustrated or confident?
How would you describe your average day? Reactive or proactive?
One can not understate the importance of due diligence when purchasing property. Today’s focus is residential apartment buildings. Whether a small multifamily or large many family building, due diligence is essential.
Make a check list. Remember, except for some mathematical adjustments, once the deed is handed over, the closing has taken place, any problems that may arise are buyers alone to deal with. Due diligence should flush out issues.
I occasionally use a quote from a historical or famous person to emphasize a concept or basic point. Appropriate for the 2018 New Year, below is a quote from Michelangelo: “The greatest danger for most of us is not that we aim too high and miss it, but we aim too low and reach it.”
This is the time of year that many folks make “New Years’ resolutions…"