11: Using Home Inspections to Spot "Deal Killers" and Negotiate Better Prices with Rose Buckley

4 snips

May 13, 2020

Ask episode

Chapters

Transcript

Episode notes

OK, you've got a property under contract. Now the real work begins!

In today's episode, you'll learn all about about a crucial step in the home-buying process: home inspections.

Find out how they work, how much they cost, and how they could wind up saving you a boatload of cash—or help you negotiate a sweet deal!

Rose Buckley is a certified home inspector who has walked 1,000-plus homes. And with her background in teaching and translating, she enjoys breaking down this part of the business for up-and-coming investors.

Rose shares her tips for finding a great local inspector and reveals which defects are no biggie, which are challenging, and which ones can be "deal killers."

And yes. We, too, noticed Rose is a female in a male-dominated profession. That led to a great discussion about how she approaches that challenge, how sometimes it's actually an opportunity, and why training as a home inspector—regardless of your gender—may get you closer to your investing goals.

Subscribe to Real Estate Rookie in your favorite podcast app, and if you enjoyed this episode, please pass it on to just ONE friend or family member who might, too.

In This Episode We Cover:

What makes a great home inspector
Using an inspection report in price negotiations
The most common issues Rose runs into
Why water is the real estate investor's No. 1 enemy
The time she spent 8 hours inspecting a single house
How to spot sloppy work in a house that's been flipped
Termite and pest infestations
GFCI outlets in bathrooms and kitchens
Rose's experience as a female in a male-dominated industry
How becoming a licensed inspector could make you a savvier investor
And SO much more!

Links from the Show

Check the full show notes here: http://biggerpockets.com/rookie11

Learn more about your ad choices. Visit megaphone.fm/adchoices