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Updated over 5 years ago, 08/16/2019

User Stats

467
Posts
161
Votes
Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
161
Votes |
467
Posts

Hoarder house is so bad, how to estimate reno, inspect, know #'s

Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
Posted

we are near getting a contract, but not under contract yet:

we have a house that is so full of stuff, that an inspector will not be able to get in anywhere, and we cant confirm issues, repairs, and know what we have, before hand, with intent to wholesale, or retail it., and it will take 3 dumpsters, and maybe 3k+ of costs, labor to unload place...
what do you suggest to get under contract and inspect, for diligence, without spending $3k just to unload the house for an inspector to get in?  

2-4 dumpsters for 3 bed house W /1 garage clean out 

Dumpster- $350x 4 = $1400 

Labor $350 daily( 3 people) x 2 days= $1050 TOTAL $2450
3 days labor=$2800

We can fill 1 dumpster in one day so we might be able to cut 1 day of labor down-)

User Stats

41,897
Posts
61,690
Votes
Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
61,690
Votes |
41,897
Posts
Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

we buy hoarder houses frequently they are the best money makers.. 

most we end up having to bull doze though because they are rotten to the core.. 

we had one I took 64 dumpters out of the place that included the house though too.

you just have to figure your going to replace everything.

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JLH Capital Partners
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User Stats

557
Posts
374
Votes
Dana Whicker
Pro Member
  • Investor
  • Fernandina Beach, FL
374
Votes |
557
Posts
Dana Whicker
Pro Member
  • Investor
  • Fernandina Beach, FL
Replied

@Matt Berklacy Hi Matt, I don't think we've met but I could be mistaken. I have experience with a local hoarder house. I'd be glad to take a look with you. Pm me if interested.

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    User Stats

    467
    Posts
    161
    Votes
    Matt Berklacy
    • Rental Property Investor | Realtor
    • Jacksonville FL | Savannah Ga |Raleigh NC
    161
    Votes |
    467
    Posts
    Matt Berklacy
    • Rental Property Investor | Realtor
    • Jacksonville FL | Savannah Ga |Raleigh NC
    Replied
    thank you !

    Originally posted by @Jay Hinrichs:

    we buy hoarder houses frequently they are the best money makers.. 

    most we end up having to bull doze though because they are rotten to the core.. 

    we had one I took 64 dumpters out of the place that included the house though too.

    you just have to figure your going to replace everything.

    User Stats

    467
    Posts
    161
    Votes
    Matt Berklacy
    • Rental Property Investor | Realtor
    • Jacksonville FL | Savannah Ga |Raleigh NC
    161
    Votes |
    467
    Posts
    Matt Berklacy
    • Rental Property Investor | Realtor
    • Jacksonville FL | Savannah Ga |Raleigh NC
    Replied
    ok, lets connect,..i might have a 4 plex coming, local ga, next door county, and I had a junker mobile to be removed on 1 acre fernandina beach, no impact fee..you might have liked . that for your portfolio....
    id like to know you..
    the hoarder house is unnerving,,..i thought 3 dumpsters was a big deal, and jay had 64 dumpsters ..so i feel better..

    Originally posted by @Dana Whicker:

    @Matt Berklacy Hi Matt, I don't think we've met but I could be mistaken. I have experience with a local hoarder house. I'd be glad to take a look with you. Pm me if interested.