ilmscore | Prediction Details
"get a good contractor to walk through the property because if you're going to be doing renovations you need to know what it's going to cost you and you know the price of things have always been fluctuating so this is where as soon as you know what's wrong you know what you need to make changes on and INF you're can do Renovations get your contractor to walk through the property so you know an estimate of what it's going to cost you to make the repairs and if it's way more than what you thought then you can back out of the deal"
By Minority Mindset | October 22, 2023 | Pending
From video
How To Build True Wealth Through Real Estate Investing | Jaspreet Singh 00:54:15 - 00:54:42
Interpreted Prediction
Engaging a contractor during due diligence to estimate renovation costs is essential; it allows for backing out of a deal if the costs exceed expectations.

Prediction Details

Topic
Real Estate Investment Due Diligence

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