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re: Information for my fellow Real Estate Investors
Posted on 1/5/17 at 1:53 pm to poochie
Posted on 1/5/17 at 1:53 pm to poochie
It is not easy, to be blunt about it. You have to have a really good inspector check as much of the wiring, plumbing, HVAC, etc., as possible and then create a budget for "what ifs". We flipped two mobile homes that were inspected without utilities turned on but everything looked OK. Still budgeted $2,500 for any issues that came up once the power/water was turned on.
Didn't have to use any of the budget on the first one and had to use about $1,500 on the second.
Didn't have to use any of the budget on the first one and had to use about $1,500 on the second.
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