PULLING PERMITS AS A NEWBIE?

[Courtney Rollins]

Hello all,

I am new to investing and am working with an investor who operates his own development company. He will be the general contractor for my first project. He also happens to be a family friend (I actually taught his kids in 2nd Grade years ago).

The property is pretty much turnkey and is a 3rd Party approval sale from hard money loan that defaulted. I had a home inspection done with no major issues reported. There is a small amount of cosmetics needed on the outside. My GC has asked me to review the permits that were pulled for the property since his company wasn’t the one who did the rehab. Is this normal? I know I should check permits for my own due diligence but I was wondering if it was standard for a GC to ask the investor to do so? I have no problem doing it and look forward to learning, but want to know if this is a standard expectation.

Also realize, I have no idea what I am looking for after I find the permits. I am suppose to check on the permits in Baltimore City, but how do I know if they are complete?

Thanks for reading and for any advice offered!

[Ozzy Sirimsi]

If you go to city, they are usually  helpful, they will tell you what is completed what is not, what is missing etc..

As far as GC's request go, if you pay him to check that, he would I think, depends on what you guys agreed on to do.