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Home Inspections: What You Need to Know | PREI 084

Home Inspections: What You Need to Know | PREI 084

FromPassive Real Estate Investing


Home Inspections: What You Need to Know | PREI 084

FromPassive Real Estate Investing

ratings:
Length:
20 minutes
Released:
May 26, 2017
Format:
Podcast episode

Description

 

On today's show, we're going to talk about properly inspecting your rental properties before you buy them or even after you've purchased them. All of our clients at Norada Real Estate, we insist that they order a professional home inspection as part of their due diligence after they put a property under contract. That's true for every single property they buy. Why? Because it's important that you know the condition of the property and if there are any issues or red flags. There are still some amount of education that goes around this topic of home inspections.

I wanted to bring on a professional, someone who really knows not only the industry, but the nuts and bolts of doing the actual inspections. My guest today is a gentleman named Tim Tucker. He's with US Inspect. Tim is the Director of Business Development for US Inspect. They are the nation's leading employee-based inspection services firm. They're headquartered in Northern Virginia, but they have a very large network of inspection teams nationwide.

If you missed our last episode, be sure to listen to What Clients Want to Know... Marco Santarelli on the Other Side of the Mic.

Enjoy the show!

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Home Inspections: What You Need to Know
 

Tim, welcome to the show.

Thanks for having me, Marco. I really appreciate being here.

I bumped into you down at the IMN event in Miami, Florida about a month and a half ago and gotten into a conversation with you there. I found it very interesting how knowledgeable you are with inspections. I was impressed to see that you actually have a nationwide company, which I don't come across very often, so I was a little surprised that I never came across you before then. I asked you if you would come on the show and you graciously said yes. Let's start off by you telling our listeners a little bit about yourself and something about US Inspect.

US Inspect, as you mentioned, is the nation's largest employee-based inspection company. We're not a franchise, so our employees are W2 employees. We started back in 1987 doing corporate relocation inspections across the country. Later, that expanded into us performing home inspections for just regular home buyers. At the time, we didn't have that large employee base. We actually were working with a network of inspectors across the country. Back in the late 1980s into early 1990s, we were vetting home inspectors across the country. Now, that database has just exploded. We have a network of inspectors ranging from Alaska, into Canada, all the way down to the southern tip of Florida. Outside of that, we have those W2 employees, so we truly are the nation's leading employee-based inspection services firm.

About myself, I started back in the early 1990s, 1993 to be exact. I have performed to date over 10,000 inspections ranging from residential homes, all the way up to industrial buildings including a lot of skyscrapers and big industrial parks. Currently, I have about 33 certifications starting off as an ASHI Home Inspector, which is the American Society of Home Inspections. Then, going on to the Building Performance Institute as a Certified Building Analyst Professional and an Envelope Professional, that's covering the energy side. I also have a license with the Indiana State Chemist Office for pest. I'm certified to do Radon. Outside of that, I have almost every single International Code Council certification that you can get. Currently, I'm a Certified Building Official and I'm one test away from getting my Certified Fire Marshal.

Home Inspections: It's important to be a student and understand every...
Released:
May 26, 2017
Format:
Podcast episode

Titles in the series (100)

Take the guesswork out of real estate investing. Learn how BUSY PEOPLE like you can build substantial passive income while creating wealth for the long-term. Gain expert knowledge and advice on real estate investing as Marco Santarelli (of Norada Real Estate Investments) shares his strategies and valuable insights with a special emphasis on Turnkey (done-for-you) real estate investments. Discover proven strategies for making money with real estate in ANY market and how to avoid common and costly mistakes. If you’re looking for “bigger pockets” and ACTIONABLE advice on the road to financial freedom, then this is the podcast for you! With new episodes every week, be sure to SUBSCRIBE TODAY!