You buy a new residential rental property, and do your due diligence by hiring a home inspector to look over things and provide a report. Everything looks good, you remove conditions, and away you go! Well, did you know that home inspectors don’t check absolutely everything? Nothing against them, they are a critical team member to most successful real estate investors, but they’re not superhuman. What are some of the things that they don’t usually find? 1. Foundation issues. Most good inspectors can see if there is a large gaping crack in the concrete foundation, but what happens when no foundation wall is exposed? They don’t have x-ray vision like Superman, and can’t see what’s behind the drywall, nor are … Continue reading
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