Learning Real Estate Due Diligence with Matt Kontoff

In this episode, Angel Williams sits down with Matt Kontoff to discuss the importance of thorough due diligence in real estate investing. They share real-life stories about walking away from deals, unexpected property discoveries, insurance claims, maintenance challenges, and how hands-on experience can make investors better decision-makers.

From Class C properties to plumbing issues and weather-related surprises, this conversation is packed with practical lessons that every real estate investor can use.

Topics Covered

• Why due diligence helps investors avoid costly mistakes

• Knowing when to renegotiate or walk away from a deal

• Lessons learned from investing in Class C properties

• Hidden property issues that inspections can uncover

• Preparing for plumbing problems and frozen pipes

• Insurance claims and protecting your investment

• The value of learning through real-world investing experiences

• Why budgeting for unexpected repairs is essential

• How weather and local conditions affect property management

• Working with property managers during the due diligence process

Quotes

"The main purpose of doing your due diligence is to find reasons to not do the deal."

"You really have to set aside money for plumbing."

Connect with Matt: https://www.linkedin.com/in/mattkontoff/

Connect with Angel: https://www.linkedin.com/in/angel-williams-re/