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26 January 2025 | 4 replies
An inspection is crucial to catch any major issues upfront.
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29 January 2025 | 11 replies
Slightly increased the offer to quickly go under contract, but still had inspections and everything done before completing the deal.
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10 February 2025 | 10 replies
Inspection was average for the age of the house around 90 years old.
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30 January 2025 | 19 replies
The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.
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23 January 2025 | 10 replies
Should i send them to the property before or after the inspection?
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5 February 2025 | 2 replies
So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!
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27 January 2025 | 2 replies
My client and I settled on an offer of $405k with all contingencies in place (inspection, appraisal, financing).
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22 February 2025 | 25 replies
Some require inspections on visible wiring etc.
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19 February 2025 | 11 replies
They will also charge you to have an inspection by a 3rd party or to use an app to make sure the work is done.
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28 January 2025 | 5 replies
While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.