Home Inspections for a first time Investor

[Moaaz Malik]

Hi All,

I'm looking to purchase my first investment property and I just had a home inspector go through the house and create a report. I don't know anything about a home inspection and a lot of the stuff just flew over my head. It's a little hard for me to differentiate between how serious something is and what requires immediate work and how much it would cost me. 

This is definitely going to be a common thing for me as and I expect to learn more with experience, but what would you do in my current situation? 

I would love any recommendations that can help me learn more about any of this stuff in general. Any books, articles, podcasts, etc. would be greatly appreciated. 

Thanks!

[Brandon Sturgill]

@Moaaz Malik assuming you are not using an agent?!! ...your agent should be present at the inspection to chat up the inspector on what they are seeing...your agent should have a copy of the report...your agent should complete a call with you to walk through all the items and discuss whether or not you should move forward with the deal...and they should put together a scope of work, refer contractors, and even manage the renovation.

If you are working with an agent and they did not do this, move on immediately or your investing career will be very limited.