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Mike Harrison shares his journey from an uninformed real estate investor to a knowledgeable one, emphasizing the importance of education. Part of this education process is due diligence, which is divided into two teams: the financial audit team and the unit walk team. He details the role each team plays in identifying necessary repairs, assessing potential risks, and uncovering revenue opportunities. By addressing these factors, investors can attract better tenants, increase rents, and enhance overall returns, ultimately making for stronger investments.
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Mike Harrison shares his journey from an uninformed real estate investor to a knowledgeable one, emphasizing the importance of education. Part of this education process is due diligence, which is divided into two teams: the financial audit team and the unit walk team. He details the role each team plays in identifying necessary repairs, assessing potential risks, and uncovering revenue opportunities. By addressing these factors, investors can attract better tenants, increase rents, and enhance overall returns, ultimately making for stronger investments.
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