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10 February 2020 | 8 replies
.), the only way is to get in there and get real facts. past that anything that's been in a rental for 14 years, is most likely torn up. i wouldn't count on upgrades from 2005 to retain value. not saying it's not possible, but i would start from scratch and then add the upgrades in only after inspection and as a bonus only. if i can help in any way please let me know.
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29 January 2020 | 22 replies
Closing cost of around $ 25k-40k along with inspections ( mechanical , plumbing , electrical , structural .
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22 January 2020 | 14 replies
I inspect the property only AFTER I get an accepted offer.
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22 January 2020 | 11 replies
I don't always do home inspections personally, I don't feel I need someone to take a picture of something and tell me this needs to be further investigated by a professional lol.
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22 January 2020 | 3 replies
Hello,I am in the process of purchasing one of my first properties that after the inspection I found out a lot of garage problems.It has bad roof, rotted wood, the garage door is old, the garage opener is not working (the electricity cable is cut), the concrete is in bad shape...
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22 January 2020 | 8 replies
I know that it has something to do with the inspection or appraisal.
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22 January 2020 | 1 reply
Once we inspected the property we were able to bring a safety hazard to the owners attention and negotiated a stipend for solving that issue.
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22 January 2020 | 0 replies
Was the inspection as terrible as I’m imaging?
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27 January 2020 | 9 replies
. * Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)* Don't allow for your own independent property inspection* Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)* Require you to pay for any renovation upfront* Sell only in cheap. low end neighborhoods* Don't accurately represent the neighborhood/property classification* Don't have consistent rehab standards for all properties* Don't provide a scope of work for the property* Can't provide references of repeat investors* Require you to close before a tenant is in place
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11 April 2020 | 12 replies
I have paid them most of the money because they billed me each month and every month they would say we're almost done, we have inspection scheduled and an interested tenant.