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Warning - Risks of Missed Inspection Issues When Investing in Real Estate

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Manage episode 439762984 series 3375588
Contenu fourni par Real Estate Financial Planner LLC and James Orr and James Orr. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Real Estate Financial Planner LLC and James Orr and James Orr ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.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...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Oklahoma City real estate investor podcast? Book a free consultation to discuss.

  continue reading

134 episodes

Artwork
iconPartager
 
Manage episode 439762984 series 3375588
Contenu fourni par Real Estate Financial Planner LLC and James Orr and James Orr. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Real Estate Financial Planner LLC and James Orr and James Orr ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.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...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Oklahoma City real estate investor podcast? Book a free consultation to discuss.

  continue reading

134 episodes

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