Real Estate Rookie 166: Finding Contractors, Renovation Red Flags, and Estimating Rehab Costs (Part 2) w/ James Dainard
4 snips
Mar 19, 2022 AI Snips
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Episode notes
Property Walkthrough Checklist
- Bring essential tools like a camera, walkthrough sheet, flashlight, and tape measure to document and assess properties thoroughly.
- If newer, bring a home inspector, your selling broker, and a general contractor for expert perspectives.
Quick Inspection Tips
- Learn quick checks for property features like grounded outlets, plumbing types, and signs of outdated mechanicals.
- These checks can help refine your budget and anticipate potential renovation costs.
Leverage Your Team
- Don't feel overwhelmed by James's expertise; trial and error is part of learning.
- Leverage your team (brokers, contractors) for support and avoid paying for initial walkthroughs.