MANY PEOPLE make the mistake of carrying out the due diligence study BEFORE they acquire their commercial properties.
This can end up becoming a very expensive process — because you can often miss out on the property, whenever someone else snaps it up, before you complete your study.
Therefore, the secret lies in ensuring you negotiate a deal — where your due diligence occurs AFTER you have tied up the property, under a binding contract of sale. [Read more…]