20 July 2022 | 2 replies
Furthermore, many of the complaints I hear about are just because they don't know how inspection work (e.g. during a major remodel there are rough and final inspections) and that inspectors don't show up 5min after they call them (yes, certain types of inspections that how it has to work, but not for home remodels).
10 August 2022 | 9 replies
As the inspector said to me: "This house is f*cking mint.
2 August 2022 | 16 replies
No evictions, no searching for new tenants, no CAPEX, no building inspectors breathing down your neck, no Fair Housing "testers" or lawsuits, no clogged toilet calls at 2 AM, none of the infamous "3 Ts" (toilets, termites and tenants), etc.The trade-off is that you don't own the building and therefore don't have the appreciation in the real estate value.
25 July 2022 | 1 reply
So form and never neglect those powerful relationships with (who I like to call) your “A” team.These key players include contractors, agents, lenders, title companies, inspectors, and even other investors.
3 August 2022 | 14 replies
What the inspector finds on the property will affect the closing terms, whether the damage is significant or small.
9 August 2022 | 10 replies
It's not possible to see pipes inside the walls or ceilings, so it would be easy for an inspector to miss this.Cut open the ceiling and remove sheetrock: $100Repair leaking pipe: $200 - $300Patch sheetrock, tape, texture, and paint: $1,000There is no excuse for not giving you a written bid.
26 July 2022 | 0 replies
Negotiating terms, lining up all inspectors.
29 July 2022 | 18 replies
Also, I became completely worn out as a new construction builder dealing with building inspectors and all of the red tape.
22 August 2022 | 14 replies
But I initiated the inspection and my inspector immediately found that the property was built on a foundation of completely burnt wood that they just painted over.
1 August 2022 | 5 replies
I'm not specifically looking for a sfr/residential inspector - rather, someone with experience looking at commercial properties (especially experience with MOB would be even better).Your recommendations with a brief blurb about your experience with the recommendee would be greatly appreciated!