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19 December 2024 | 5 replies
First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).
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17 December 2024 | 12 replies
Yes/no, it's not like lenders do inspections but I encourage you live there, learn, and follow the guidelines of your loan. 2.
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14 December 2024 | 36 replies
I have past 100s and 100s 100s of sec 8 inspections never once using an inspector.
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15 December 2024 | 10 replies
What I can say is I recently did a home inspection on a property which uncovered a lead inlet pipe into the house.
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2 January 2025 | 36 replies
Knowing about construction, how to pick a good inspector and read inspection reports will save you a lot of headache/money - it's difficult to invest in RE just by doing things online.
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16 December 2024 | 9 replies
The only way you're going to know about the cause one way or the other is to have a plumber inspect and troubleshoot.
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18 December 2024 | 4 replies
Network with wholesalers, check public records, and use platforms like PropStream or DealMachine to find distressed properties.Be Cautious: Pay attention to permits, inspections, and local market trends—over-improving for the area could hurt your profits.Starting with a solid plan and realistic numbers will set you up for success.
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30 December 2024 | 819 replies
I hark back to the dude I know of who has a 1000 doors, he still shows up personally for every inspection.
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17 December 2024 | 1 reply
Inspection Results: Mostly small issues, inspector was mainly concerned with multiple cracks throughout the siding.
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20 December 2024 | 6 replies
This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house, to having a poor inspection and overlooking issues hidden beneath the surface (literally).