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Updated over 9 years ago,
How do you factor inspection costs of unbought homes?
Hello,
How do you factor inspection costs on unbought homes. I've backed out of two deals this year when the inspections showed too many unknown issues. I pay for it out of my "real estate reserves" so do I count that $710 against my other property's profits. Just curious how more experienced investors handle this cost of doing business. Also, would you say $355 an inspection is a fair going rate?