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Warning - Risks of Missed Inspection Issues When Investing in Real Estate
Manage episode 439776204 series 3360987
A tartalmat a Real Estate Financial Planner LLC and James Orr and James Orr biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Real Estate Financial Planner LLC and James Orr and James Orr vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
There's a risk to just about everything in life... including investing in real estate.
One risk that some real estate investors fear is the risk of buying a property having missed important, expensive issues with the property during the inspection period.
In this class, James will discuss the risk of investing in real estate and specficially the risks associated with missing things on inspection.
Topics covered in this class include:
- The 3 primary ways to limit your exposure during the inspection period when buying a property
- How to hire a quality home inspector
- What your typical recourse is on a home inspector missing something on an inspection
- One little thing you can and should do on every property purchase—especially for new real estate investors
- When a home inspector is not enough and what to do about it
- The one thing most real estate investors—especially experienced investors forget to do—that could save them money and headaches later related to the inspection report
- A special tip if you negotiate a seller to complete repairs based on what you find during your inspection that could prevent a catastrophe
- A list of the most common inspection issues you’re likely to run into if you buy enough properties
- A secret about seller property disclosures that few people—even real estate professionals—know about that could prevent you from making a very costly mistake
- How to use your inspection and seller property disclosures to better plan for your capital expenses combined with the downloadable CapEx Estimator for Rental Property - Basic and the CapEx Estimator for Rental Property - Advanced
- Why you should always walk the property right before closing
- And what can you do if you missed something on inspection?
- Plus much more...
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