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Updated about 11 years ago on . Most recent reply

User Stats

51
Posts
13
Votes
Darren Nichols
  • Wholesaler
  • Clearfield, UT
13
Votes |
51
Posts

Cost to check out a property

Darren Nichols
  • Wholesaler
  • Clearfield, UT
Posted

So I am just wondering what the average cost is for a General Contractor is to come and evaluate a property that I am attempting to get under contract? I am sure it may vary based on the property and time spent. I am mainly wanting to look for someone in Utah for my first few times until I can get the gist of evaluating properties myself. Thanks for the input!!

Most Popular Reply

User Stats

58
Posts
13
Votes
Josiah Halverson
  • Real Estate Investor
  • Sandy, UT
13
Votes |
58
Posts
Josiah Halverson
  • Real Estate Investor
  • Sandy, UT
Replied
Originally posted by @Darren Nichols:
So I am just wondering what the average cost is for a General Contractor is to come and evaluate a property that I am attempting to get under contract? I am sure it may vary based on the property and time spent. I am mainly wanting to look for someone in Utah for my first few times until I can get the gist of evaluating properties myself. Thanks for the input!!

Darren, my fellow Utahan! I was asking this very question on BP a month ago. Here's what I found. If you are bidding out work and want an estimate from a GC, expect them to do it for free. If you are using a GC to help you develop a home rehab plan - containing details, costs, and schedule - you should pay them for their time and services. $400 is generous. $100 is measly. Keep in mind, many "home inspectors" are former or current GCs so finding one (or a few) that is both gives you double bang for your buck! Hope that helps!

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