Updated over 10 years ago on . Most recent reply
Rehabbers
Hello Rehabbers Good Afternoon,
Can you tell me about some of the mistakes you made as a rehabber, so they can be avoided, if you don't mind taking a trip down memory lane?
How about some information on some of the big ticket items.
Most Popular Reply
Always do a hydrostatic test!
My last property I had the foundation repaired and they did the leak test after. They explained to me I could not get my foundation warranty with the leak. Surprise Surprise, I didn't even think about under the slab plumbing and thought I knew the BIG ticket items. It turns out there were corroded pipes and roots from large trees that had really done a number on the pipes. I had bids from $6500-$25000. Most were in the $17000 range. I had to replace all of the plumbing which was cast iron to PVC. Very large lesson learned that I hope you can learn from me and not while doing a rehab.