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Rehabbing & House Flipping
Account Closed
  • Private Financing Consultant
  • Honolulu, HI
27
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Recognizing Signs of Distress and Scope of Rehab

Account Closed
  • Private Financing Consultant
  • Honolulu, HI
Posted Mar 5 2014, 09:10

Hello group members,

Would anyone like to share their experience on how to spot signs of physical distress and estimate damage?

I'd start with a few:

Droopy ceiling fan blades - Excessive moisture trapped in ceiling and attic, possible mold spread inside, plumbing problem, roof leak, soggy studs, possible damage to electrical wiring.

Cracks on the ceiling - Possible foundation problem, roof leak, or storm and hail damage to roof.

Soft spot or dip on the floor on 2nd level - Workmanship on flooring cover, water damage to wood underneath, renovations done from down stairs ceiling created damage.

House extension not built on slab or same foundation as the house - Difference in foundation and level. Unable to get termite contract.

Please add on your experience.