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Updated over 5 years ago, 08/16/2019
- 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
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-)
- Lender
- Lake Oswego OR Summerlin, NV
- 61,690
- Votes |
- 41,897
- Posts
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.
- Jay Hinrichs
- Podcast Guest on Show #222
@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.
- Rental Property Investor | Realtor
- Jacksonville FL | Savannah Ga |Raleigh NC
- 161
- Votes |
- 467
- Posts
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.
- Rental Property Investor | Realtor
- Jacksonville FL | Savannah Ga |Raleigh NC
- 161
- Votes |
- 467
- Posts
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....
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.