In this video, we discuss how new investors can best leverage their home inspector along with a general contractor to get better renovation estimates and have less budget surprises. We chat with home inspector and contractor Curtis Niles of Armor Home Inspections (https://armoredhomeinspections.com/) to cover the tips from the home inspection report to the scope of work document. You can also find Armor home Inspections on Facebook at https://www.facebook.com/ArmoredHI/ Key moments in the video 1:13 Overview of using renovations to add value for investments 4:38 Tips for developing preliminary budget estimates before you place offer 6:43 Rules of thumb for costs per square foot in Philadelphia area 9:25 Role of home inspector vs contractor 11:23 How to maximize the timeline with inspectors and other home experts 13:43 What should be on your initial scope of work document? 15:43 When do you need a structural engineer to review issues? 21:12 What is project management? 25:38 Getting help as an out-of-state investor with project management
Want more insight?
Schedule a New Investor Discovery Call
