That said, it is critical to understand that your due diligence requirements depend on the type of asset you are investing in. Here is a short list of investment property categories to consider; each comes with a unique set of inquiries necessary to fully understand its risks and opportunities.
Buying a business is not like buying other assets. Much of a business’ value is intangible, and many of its component parts are difficult to price correctly. A wise purchaser relies on the due diligence process for protection.
If you’re an accredited investor, you have a whole world of options beyond investing in publicly traded stocks, bonds, and mutual funds. And, thanks to recent changes in the law made by the JOBS Act, you’re about to be inundated with opportunities to invest, if you haven’t been already. Weeding them out will take some financial acumen. Are you up to the challenge? If you want to throw your proverbial hat into the ring and start making some investments, even on a smaller scale, but aren’t confident you can do so without ending up with said hat in your hands, a financial advisor can help.