Hoarder house is so bad, how to estimate reno, inspect, know #'s

Hoarder house is so bad, how to estimate reno, inspect, know #'s

Rental Property Investor | Realtor · Jacksonville FL | Savannah Ga |Raleigh NC · Member since 2017 · 467 posts · 161 votes

we are near getting a contract, but not under contract yet:

we have a house that is so full of stuff, that an inspector will not be able to get in anywhere, and we cant confirm issues, repairs, and know what we have, before hand, with intent to wholesale, or retail it., and it will take 3 dumpsters, and maybe 3k+ of costs, labor to unload place...
what do you suggest to get under contract and inspect, for diligence, without spending $3k just to unload the house for an inspector to get in?  

2-4 dumpsters for 3 bed house W /1 garage clean out 

Dumpster- $350x 4 = $1400 

Labor $350 daily( 3 people) x 2 days= $1050 TOTAL $2450
3 days labor=$2800

We can fill 1 dumpster in one day so we might be able to cut 1 day of labor down-)

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    7y

    we buy hoarder houses frequently they are the best money makers.. 

    most we end up having to bull doze though because they are rotten to the core.. 

    we had one I took 64 dumpters out of the place that included the house though too.

    you just have to figure your going to replace everything.

  • Dana WhickerPro Member
    Investor · Fernandina Beach, FL · Member since 2014 · 557 posts · 374 votes
    7y

    @Matt Berklacy Hi Matt, I don't think we've met but I could be mistaken. I have experience with a local hoarder house. I'd be glad to take a look with you. Pm me if interested.

  • Rental Property Investor | Realtor · Jacksonville FL | Savannah Ga |Raleigh NC · Member since 2017 · 467 posts · 161 votes
    7y
    thank you !

    Originally posted by @Jay Hinrichs:

    we buy hoarder houses frequently they are the best money makers.. 

    most we end up having to bull doze though because they are rotten to the core.. 

    we had one I took 64 dumpters out of the place that included the house though too.

    you just have to figure your going to replace everything.

  • Rental Property Investor | Realtor · Jacksonville FL | Savannah Ga |Raleigh NC · Member since 2017 · 467 posts · 161 votes
    7y
    ok, lets connect,..i might have a 4 plex coming, local ga, next door county, and I had a junker mobile to be removed on 1 acre fernandina beach, no impact fee..you might have liked . that for your portfolio....
    id like to know you..
    the hoarder house is unnerving,,..i thought 3 dumpsters was a big deal, and jay had 64 dumpsters ..so i feel better..

    Originally posted by @Dana Whicker:

    @Matt Berklacy Hi Matt, I don't think we've met but I could be mistaken. I have experience with a local hoarder house. I'd be glad to take a look with you. Pm me if interested.

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