Property Investor Checklist
Name | Subject Property: | Company |
|---|
[your name] | Downtown Condo, Suite #2050 | [your company name] |
Pre-Investment Phase:
Have you established your investment goals and objectives?
Have you determined your budget and financing options?
Have you conducted market research to identify potential investment locations?
Have you considered the property type (residential, commercial, industrial, etc.) that aligns with your investment goals?
Have you assessed the local real estate market conditions and trends?
Have you performed due diligence on the property, including inspections, surveys, and title searches?
Have you evaluated the potential for rental income and/or property appreciation?
Have you calculated the expected return on investment (ROI)?
Transaction Phase:
Have you negotiated the purchase price and terms with the seller?
Have you reviewed and understood the purchase agreement and any contingencies?
Have you secured financing and finalized the mortgage terms?
Have you obtained insurance coverage for the property?
Have you engaged legal counsel for the transaction?
Have you received and reviewed the property inspection reports?
Have you conducted a final walk-through of the property before closing?
Have you confirmed the availability of necessary permits and zoning requirements?
Post-Investment Phase:
Have you set up a property management plan or team?
Have you established a financial management system for rent collection and expenses?
Have you considered tax implications and consulted with a tax professional?
Have you developed a maintenance and repair schedule for the property?
Have you identified exit strategies for your investment?
Have you reviewed and adjusted your investment strategy as needed?
Have you documented all property-related transactions and records?
Checklist Templates @ Template.net
