Learn about the dangers and risks associated with missing inspection issues when buying real estate investments.
Show Notes
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...
What is Gilbert Real Estate Investing & Real Estate Financial Planning™ Podcast?
Learn all about investing in real estate in Gilbert, Arizona with a combination of real estate financial planning and modeling with numbers specific to Gilbert plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Gilbert).