Using Home Inspections to Spot "Deal Killers" and Negotiate Better Prices with Rose Buckley
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 inspectorUsing an inspection report in price negotiationsThe most common issues Rose runs intoWhy water is the real estate investor's No. 1 enemyThe time she spent 8 hours inspecting a single houseHow to spot sloppy work in a house that's been flippedTermite and pest infestationsGFCI outlets in bathrooms and kitchensRose's experience as a female in a male-dominated industryHow becoming a licensed inspector could make you a savvier investorAnd SO much more!Links from the ShowReal Estate Rookie Facebook GroupBiggerPockets PodcastHTTV - TVFelipe's InstagramAshley's InstagramSummer Maintenance ChecklistFall Maintenance ChecklistWinter Maintenance ChecklistSpring Maintenance ChecklistRose in T-Rex Costume (Video)Rose's Inspector Story Time (Video)Check the full show notes here: http://biggerpockets.com/rookie11