Indianapolis - SFH under contract tonight - Merry Christmas!

[Dan Perrott]

Buying ourselves a retirement portfolio present for Christmas -

Just put a very clean SFH 3-1 under contract tonight for 42500 that needs paint, kitchen floor and kitchen countertop - very minor improvements. Out of state owner wanting out. Comps are around 50-55k and rents range from 700-850 in the area. Excited about the property since it will be a good cash flow property added to the portfolio.

Looking for a contractor that can perform a video inspection of the sewer from the house to the city hookup.  I have been burned with a bad sewer line in the past.  I have 15 days to get the inspection to make this deal close.  Contacts and recommendations appreciated...

Merry Christmas BP!

[Dan Perrott]

@Kirk R. 

 - I think that running the water for a long time would have shown this issue but it did not come up until the tenants were in the property for a couple of weeks.  Seems that some water was getting through but at a very slow pace.  We do not want this to happen again so we are making sure that the sewer lines are clear.  Small price to pay to reduce our risk.