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29 January 2025 | 0 replies
Conducting inspections and due diligence on the condition of a property to derive realistic estimates for repairs is still the key.
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29 January 2025 | 9 replies
The inspection showed more issues than we expected but the seller wasn't willing to negotiate so we cancelled in the due diligence period.
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11 February 2025 | 1681 replies
Inspections would have prevented this debacle.
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25 January 2025 | 12 replies
Some landlords use lockboxes or smart locks to grant temporary access, but that has risks if you don’t have someone to oversee things.2.Move-out Inspections/Cleaning: Again, you’ll need boots on the ground for this.
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29 January 2025 | 5 replies
Many “wholesalers” get all excited when getting a property under contract only to discover that a thorough inspection by a knowledgable professional results in repair costs 2 - 3 times higher than they calculated.
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21 January 2025 | 8 replies
@Danth Aman I'm assuming you're doing a general home inspection?
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29 January 2025 | 0 replies
Additionally, in Co-Living the property manager walks the property once per month to deliver toilet paper & cleaning supplies (aka property inspection).
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19 February 2025 | 32 replies
Inspect what you expect!
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30 January 2025 | 8 replies
For example, State Farm typically requires the latest inspection report for underwriting on multi-family properties that are over 30 years old.
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30 January 2025 | 8 replies
Just make sure to fully understand the loan terms, especially the interest rate and repayment schedule, so there are no surprises.2.Condition of the Property: If the property isn’t in really rough shape and you were able to get insurance on it using a 4-point inspection and wind mitigation, you might even qualify for traditional funding options like FHA, Conventinal, VA, a cash-out refinance or a home equity line of credit (HELOC).