Discover the TRUE Condition of Plumbing, HVAC, Electrical & Fire for 50+ Unit Properties
If you’re looking into buying commercial real estate, you know just how important a building inspection is. Building inspections protect your investment and let you and your investors know exactly what they are getting into. But even the most skilled building inspector won’t be able to warn you about things a shady seller is desperate to cover up. That’s where Independent Facility Consulting’s Due Diligence Work Order Review comes in. A Due Diligence Work Order Review gives your experts all the information they need to discover any hidden issues--even before they step on site.
Discover Hidden Decay and Damage
Our Due Diligence Work Order Review takes a deep dive into an Investment property’s history. By looking at two year’s worth of data —and often more than 3000 work orders — your experts can uncover any damage that the seller might not be upfront about or aware of. We look for repair and deferred maintenance patterns to uncover the truth and find out about things that we might otherwise know about.
Inform Inspectors About Likely Issues Before the Walkthrough
Did you know the average multi-family complex gets more than 1500 work orders per year? By going through two year’s worth of these work orders, we can piece together a lot about a building. We can learn the issues that might arise before your experts ever set foot on the property and better prepare them for what they need to look out for. It’s an excellent way to get to know an investment property and learn what you need to be aware of.
Reduce Investment Risk
Our report was developed with the input of five capital partners and REITs. It is led by one of the leading multi-family unit due diligence assessors and, as a result, is the most comprehensive report currently available. By investing in the Due Diligence Work Order Review, you are drastically reducing your investment risk and getting a better idea of what needs to be done on your investment property. You wouldn’t buy a car without looking at the accident and maintenance history. Why would you ever risk putting your hard-earned money into a property investment without learning what work it has needed in the past?
Improve Maintenance Forecasting and Prioritize Needed Repairs Post Closing
The Due Diligence Work Order Review offers a comprehensive look at a building’s maintenance history. The final report includes insight into common problems in everything from plumbing to electrical, HVAC to fire. It identifies potential risks that may need to be further assessed, provides recommendations to inspectors, and can even help you budget. With all this information, it will be much easier to predict what will need to be done post closing. It will help you better prioritize your repairs and the cost of those repairs. For a more comprehensive look at what is offered, go here.
