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Updated over 4 years ago,

User Stats

29
Posts
11
Votes
JC Leach
  • Rental Property Investor
  • Salt Lake City, UT
11
Votes |
29
Posts

What to look for in an inspection report?

JC Leach
  • Rental Property Investor
  • Salt Lake City, UT
Posted

Hey everyone! I’m looking to close on my first rental in the Salt Lake area. I had done TONS of research, read several books, listened to podcasts etc... so I felt prepared to jump in. Started making offers that worked for my numbers. Got an offer accepted and the inspection done. Then the report caught me off guard. I realized I don’t know ANYTHING about the construction/contractor side of this. What is your advice on making sure I’m not investing in a bad property? I’ve thought about reaching out to a contractor and paying him to go over the report with me but now I’m down to only a few more days before losing my earnest money.

Any thoughts/ advice is welcome

JC

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