due diligence

  1. B

    Due Diligence

    Hi guys complete newbie here. Due diligence, I understand it to be in basic terms, making sure you dot your I's and cross your t's. But can anyone explain to me what the I's and t's actually are?? Does anyone use a dd checklist as such?
  2. MelbPropMeeting

    Melb Prop Meeting Tues 21 Apr - Crucial Legal Tips You MUST Know As A Prop Investor

    Hi to all Melbourne based property enthusiasts and investors, I want to let you know that I run a monthly property meeting group at the Veneto Club in Bulleen (just off the Eastern Freeway). Everyone is welcome to attend. The key objective for the group is for people to come along and...
  3. P

    Due diligence in purchasing a property in Syd

    In such a flaming hot market in sydney, how does one do their due diligence (pest and structural inspection) when purchasing a place. Properties get snapped within one inspection opening.. Literally one days time... Is there anyone out here on somersoft who doesnt do inspection? Has this...
  4. Alex P Keaton

    Offer Deadline and Development DD

    I see that a lot of DD needs to be undertaken before buying a proposed rezoned property if you are looking to develop it in the future. What I want to know is, how are you able to do all the dd that is involved and be able to put that offer down so fast. By the time I would have done my dd on...
  5. impala67

    What is the most risky thing you have ever done?

    Some people are risk averse and stay away from certain investments, or situations unless they know more, while others jump in. What story can you share where in hindsight you really should have taken more due diligence, and how did it work out? What is the most risky thing you have ever...
  6. K

    kana learns to buy CIP

    Hi hi, I have zilch experience with CIP's and hopefully this thread evolves over time to help others like me. My goal is to get good at conducting due diligence (also referred to as DD on the forums) Here's my plan: Search for CIP's in Melbourne in the <$500k range Pick some that...
  7. L


    Firstly a big thank you to euro73 for all his good posts on these forums. My question is this...has anyone dealt with euro73 and his business and how did it go? I don't mean to imply he is dodgy or anything, but my wife and I are about to go down the IP route and want to do some due...
  8. J

    First Big Purchase

    Hi all... current portfolio = approx. 1.4M mortgaged at around 70%. We are looking... possibly pipe-dreaming at a project somewhere between $2M - $3M. The basic numbers stack up -- but very worried about overpaying, and also worried about serviceability. Property is currently grossing...
  9. Peter Parker

    A scientific method to compare the value of suburbs

    Some people base their buying decisions on an area's capital growth performance. While this might work in the early stages of a boom, it is only in hindsight that people pick this. Above average performance is often not sustained (ie revert to mean), sales data is imperfect, there are...