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6 February 2025 | 3 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
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29 January 2025 | 24 replies
Why they need to inspect the interior when the exterior is pristine remains a mystery, but we don’t make the rules.
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11 February 2025 | 20 replies
We paid them $2,500.00 in fees (underwriting, inspections, title search and their fees) before closing.
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15 February 2025 | 10 replies
I wouldn’t purchase anything out of state without first getting a thorough inspection, establishing a trusted team on the ground, and having a solid exit strategy in case things don’t go as planned.
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25 February 2025 | 17 replies
Also these things cost money to sell - agent fees (5-6%), whatever your buyer is going to ask for at closing or try to hit you at during inspections (likely several thousand) plus taxes.
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3 February 2025 | 3 replies
Upon inspection the appraiser will see the crawl space and see it was a mobile home plus a HUD tag and public record.One of the requirements in mobile home financing is the property "Must" be on a concrete permanent foundation(in order to be real property) on top of that it requires concrete pillars, skirting and the "Well and Septic" dug and placed within legal distance from subject property.
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3 February 2025 | 9 replies
Find local meetups, rub elbows with other investors, find out what they need, and then find a way to meet that need.For example, maybe an investor is growing fast and struggling to keep up with inspections.
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22 February 2025 | 25 replies
Some require inspections on visible wiring etc.
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13 February 2025 | 23 replies
Hi Joshua,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.
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27 January 2025 | 18 replies
I make sure there agent get's the inspection and quote reports with all this because this "mother fk's" them.