All Forum Posts by: Account Closed

@Arianne L. Can you post a picture of the entire building?  These are taken from too close up and I can't see what the support system is nor how big the building is.

@Arianne L.  I can't tell much from these pics. Are you sure it isn't just that the vinyl siding is loose?

@Colleen F. How about an extra loud doorbell? 

i ain't got know college digree an i terned out ok.  :)

If I were you,  I'd finish college (assuming you're pursuing a worthwhile degree).  Real estate isn't going anywhere and will still be around when you've graduated.  Sucess in real estate is a slow road and you'll need a "real job" for a while anyway.  Good luck!

Welcome aboard! 

@Joshua Pavao A home inspector can tell you what's wrong but he will not generally give you any repair costs. A GC can give you some idea of costs but that too has its limits and you should always factor in additional costs for the unforeseen things that invariably arise.  

It is also very helpful to the contractor when the investor has a good sense of what he wants.  You should already have researched what the comps look like in fit & finish and have a design vision.  

It is generally considered a "consultation" to be asked to give a professional opinion on a property the investor does not yet own.  Once owned, the visit would more be for the purpose of submitting a formal proposal. 

Whether you outsource the work or not, knowledge is never a waste.  

@Rob C. That's a long list!  Is this a house you're buying or one you're  selling?  If the latter, was this a rehab?  Unless being sold "as is" and priced accordingly, most of these items should have been addressed prior to listing.

As a general rule, I try to classify inspection report items as either "repairs" or "improvements".  I tend to make every repair but not necessarily every improvement. So for example, I would fix things that are broken but I wouldn't necessarily remove trees.  If the report only contained "improvements" the seller would be in a much stronger position. Of course, everything is negotiable and money can always be offered in lieu of repairs.

He who "shoots from the hip" greatly risks shooting himself in the foot!  :)

@Kyle Godbout

@Kyle Godbout There are no shortcuts. You have to calculate everything and it can be very different from house to house.  In time it will come easier but for now you just have to do the work.