For some agents, “due diligence” isn’t a priority they value highly. Many buyers are shocked to discover their agent has no obligation to perform it. So, why do we place such emphasis on it? Simply put, it’s the cornerstone of any real estate investment. Join us as we explore the key stages of due diligence in real estate, along with the numerous pitfalls you might encounter. We’ll also cover noteworthy sales, recent significant news events, and much more.

The House Einstein Podcast is available wherever you podcast. Hosted by Osman Parvez and Hamish Crabb.

Recorded Date:  2/19/25
Published Date: 2/21/25

Intro: “A house can look like a dream until you dig into the details—liens, repairs, or a bad location can turn it into a nightmare. Due diligence is your flashlight in the dark.” – Robert Kiyosaki (Author of Rich Dad Poor Dad and Real Estate Investor)

Topics:

• WELCOME
  • Declare Mission: Entertain, Discuss Real Estate, Help You Better the Market
  • Bios (who we are)
  • Disclaimer
  • Call to Action (Contact Us)
  • Review Topics Du Jour

• THE CLOSING TABLE | DUE DILIGENCE
  • Stage I Due Diligence (i.e. Pre Offer)
    • Neighborhoods
    • Schools
    • Crime Rates
    • Property Types (i.e. ranch vs. bi-level vs multistory)
    • Age of Home (i.e. lead paint and design)
    • Commute Time
    • Maintenance Requirements (vs your free time)
    • Who is the Seller?
      • Trust your intuition
      • Do your research
      • Murders, Mayhem, Bad Things
    • Orientation of Home
    • Meet Neighbors
      • Learn about home
      • Influence the offer
  • Stage II Due Diligence (i.e. Non-Physical)
    • Association Docs
    • Off-Record and On-Record Title
    • Surveys
    • Due Diligence Docs from Seller (past inspections, energy bills, insurance claims)
  • Stage III Due Diligence (Inspections)
    • Primary Inspections
    • Secondary Inspections
    • Contractor Estimates

• MARKET CONDITIONS
  • Denver January Data – Attached Dwellings

• SHAMELESS SELF PROMOTION
  • Stunning Rambling Ranch Listing

• SALES OF THE WEEK
  • 3889 15th St
  • 459 Muirfield Cir
  • 1518 Chambers Dr
  • 191 Assay Office Rd

• IN THE NEWS
  • Grok3 – “Astoundingly good.”
  • Death of CU Student up Boulder Canyon
  • How is Boulder addressing homelessness – $800K to $10M in 8 years. Look at study session notes from 2/13/25
  • Some Local Gov’t Are Fighting State Mandates on Housing Density

• CARVE OUTS
  • Florida Visit – Parents and Love Burn | OP
  • The Tool Collection Grows | Hamish

• WRAP UP
  • House Einstein Newsletter (Call To Action)
  • Check Out Social Media (YT, Insta, FB, X)
  • Visit House Einstein.com
  • Thank You For Joining Us
  • Feedback