Before PSA

• [ ] Google Drive Folder
• [ ] Analyze Offering Memorandum (OM). Attach here
  • [ ] Is it professionally managed?
  • [ ] Research market rent rates
  • [ ] Why Being sold
  • [ ] Days On Market (DOM)?
  • [ ] Was it listed previously?
  • [ ] Why the current vacancy rate? Inquire about historic occupancy levels
  • [ ] What deferred maintenance exists?
  • [ ] When was the roof replaced? How old is it?
  • [ ] When was the parking lot last repaved and/or re-striped? (2023)
  • [ ] Check auditor value and last sale
• [ ] Analyze the current P&L's as well as historical (past 3 years) if possible
• [ ] Find any available information about the property and seller online
• [ ] Google the address and analyze from 30,000 foot view down to the street
• [ ] Google
  • [ ] the population count.
  • 1 mile: 8.5k
  • 3 mile: 48k
  • 5 mile: 58k
  • [ ] Google the job growth
  • [ ] Google the main employers in the area
• [ ] Acquire the current rent rolls
  • [ ] Research the tenants foot traffic on Placer
  • [ ] What is the Vehicle Per Day (VPD) on the surrounding streets? Access Department of Transportation
• [ ] What value-add potential exists?
• [ ] Underwrite
  • [ ] Incorporate 10% vacancy
• [ ] Questions
  • [ ] Is seller open to creative financing? (seller financing, subto)

Create Google Drive folder with property identifier (ie. address or location)

Upload OM and all documents provided by broker