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The Multifamily Wealth Podcast

The Multifamily Wealth Podcast

Business:Investing

#19: What A Home Inspector Looks For When Walking An Investment Property with Justin Eaton

#19: What A Home Inspector Looks For When Walking An Investment Property with Justin Eaton

2020-09-15
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Today’s show is an interesting one - I speak with Justin Eaton, an NJ-based home inspector (and investor!) about what investors need to be looking for when walking investment properties! Justin has a breadth of experience in the home inspection industry and shares numerous tips that I’m sure the audience will keep in mind when walking properties and conducting due diligence... I wish I had his insight when I first started in the business!

Justin owns a home inspection & structural engineering business in South Jersey. To supplement his income he invests in real estate via re-development projects and rental properties. He has been a part-time investor since 2014 and I am currently in the process of transitioning into multifamily syndication.

Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.

Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.

Show Notes:

3:43 Justin discusses how he got into the home inspection side of real estate and he shares his background in construction engineering. 

7:16 Justin shares how being an inspector has helped him in his investing career.

11:32 We discuss things that Justin values while walking through a property. Also, we learn why the foundation is crucial. 

15:22 Justin shares common issues that are found while walking a property. 

20:50 We discuss the common signals within a property that may signify deeper issues behind the walls.

23:10 Justin shares easy cosmetic fixes that can drastically increase the value of a property. 

29:33 We discuss what investors need to be aware of specifically older properties.

38:47 Justin shares what is essential to assess prior to buying a property. 

41:43  We discuss what differentiates a good home inspector from a bad home inspector. ****Also, we talk about why it is crucial to hire a home inspector for your first few deals.

48:32 Justin shares what characteristics make somebody successful and what has contributed to his success. 

52:18 We discuss what Justin’s short-term goals are and what he plans to do in the near future. 

CONNECT WITH JUSTIN:

https://www.linkedin.com/in/justin-eaton-a9619936/

https://www.dwellsafenj.com/

Connect with Axel:

Follow him on Instagram

Connect with him on Linkedin

Learn more about Aligned Real Estate Partners

view more

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