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A systematic property walkthrough separates successful house flippers from hopeful amateurs by helping you spot red flags, estimate rehab costs accurately, and avoid profit-killing surprises. This episode provides a complete six-part inspection checklist that serves as your blueprint for evaluating potential flip properties with confidence.
• Begin with exterior inspection including roof condition, siding damage, window quality, foundation issues, and drainage problems
• Evaluate interior structure by checking walls, ceilings, floors, and layout functionality
• Inspect mechanical systems thoroughly – HVAC, electrical panel capacity, and plumbing are potential budget-busters
• Pay special attention to kitchens and bathrooms as they drive buyer decisions and renovation costs
• Don't skip the basement or crawl space as they often reveal hidden problems like moisture and structural issues
• Look for bonus factors including problematic odors, pest evidence, DIY disasters, and curb appeal potential
If you'd like a copy of my checklist, I'll put a link in the description below so you can download it for yourself.
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