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Updated about 1 hour ago on . Most recent reply

User Stats

33
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26
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Craig Cann
  • Investor
  • Fresno, CA
26
Votes |
33
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Priorities after Submitting an Offer

Craig Cann
  • Investor
  • Fresno, CA
Posted

Hello All, 

We just put in our first offer today on a off market SF in Columbus OH. 

What are the top things you try and tackle once your offer is accepted?

I'm setting up an appointment with inspector, contractor, PM, and insurance company. 

As far as the inspection goes, do I need a different inspector to scope the sewer line, checking for radon, or maybe there's something else I missed?

How many contractors do you get estimates from 3? Do you use the PM contractor? Do you call their references? if they give you the reference isn't usually gonna be from someone they think would talk highly of them..?

How many PM do you interview 3? I'v talked to a couple and the rates seem to be about the same it seems its all about the service?

How many insurance companies are you getting quotes from 3?

My agent sent me a "Rolodex" of lots of contacts but I'm open to see if any actually investors could share who they use. If anyone is open to sharing who they use I'd appreciate it.

Thanks in advance, Craig 
 

 

Most Popular Reply

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29,036
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19,928
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,928
Votes |
29,036
Posts
James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Quote from @Craig Cann:

Hello All, 

We just put in our first offer today on a off market SF in Columbus OH. 

What are the top things you try and tackle once your offer is accepted?

I'm setting up an appointment with inspector, contractor, PM, and insurance company. 

As far as the inspection goes, do I need a different inspector to scope the sewer line, checking for radon, or maybe there's something else I missed?

How many contractors do you get estimates from 3? Do you use the PM contractor? Do you call their references? if they give you the reference isn't usually gonna be from someone they think would talk highly of them..?

How many PM do you interview 3? I'v talked to a couple and the rates seem to be about the same it seems its all about the service?

How many insurance companies are you getting quotes from 3?

My agent sent me a "Rolodex" of lots of contacts but I'm open to see if any actually investors could share who they use. If anyone is open to sharing who they use I'd appreciate it.

Thanks in advance, Craig 
 

 


 You're living on Fantasy Island if you think 3 contractors are going to come out and give an estimate to an out of state investor who doesn't even own the property he wants them to bid on.

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