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Boots-on-the-Ground Due Diligence with Adam Cranmer
Track Record Assets Deal Page:
https://passivepockets.com/directory/deals/morgan-bay-apartments/
A few weeks after an LP Deal Review with Track Record Assets, PassivePockets member Adam Cranmer realized he’d be in Houston, just minutes from the actual property. So he did what most LPs wish they could do: boots-on-the-ground due diligence, in-person operator time, and a full “does this actually feel real?” check.
Adam walks through the deal at a high level (268-unit Class C value-add in north Houston acquired from a distressed seller, not a distressed property), then shares what he saw on-site…
The skinny
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