Topic:  Investor Series:  Why sewer scopes are important

A LOT of agents don't advise their clients to get sewer scopes when they purchase a property. This is a major mistake.  A broken sewer can cost between $3,000 - $10,000 dollars to repair and it only costs $99 ($99Rooter - others are more expensive) to have a tech put a camera down the sewer pipe and videotape the sewer all the way to the mainline. This will tell you  and the-buyer what the condition of the sewer is.   

 

So let's see, we pay to have the furnace inspected but a new furnace will only be about $2,000. We pay to have the roof inspected but that's probably a $4,000 job. So why don't we always inspect the sewer?  One reason is because, let's face it,  Realtors want closings. Many figure if they keep their mouth shut and don't go out of their way to recommend a sewer scope that's one less chance the deal will fall through.  Inexcusable, but all too commonplace.  Don't be a chump - get a sewer scope.

 

Highlands RE Trends: Estimating Rents
12/30/2008
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Topic: Investor Series: Estimating Rents A lot of clients ask me how to figure out what market rents are in a neighborhood. This is a critical input into the calculations an investor needs to make in order to determine what their return on… more
Highlands RE Trends: Roofs
12/30/2008
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Topic: Investor Series: Things to look for when you look at roofs Have you ever driven through Aurora North looking for a rental property and taken a close look at the roofs? Here's what you'll see: a bunch of 1950's ranches in varying… more
Highlands RE Trends: Foreclosures…
12/30/2008
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Topic: Investor Series: Things to keep in mind when seeing a foreclosed home As investors we face a number of very real and very scary challenges. Making sense of this market is no mean feat and one has to be very careful with his or her… more
Highlands RE Trends: Egress Windows
12/30/2008
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Topic name: Investor Series: Understanding Egress Windows A lot of investors ask what an egress window is and when one is needed. Technically, it's a window for a room below grade that a municipality has deemed large enough to be safe for exit in… more
Highlands RE Trends: Basement Kitchens
12/30/2008
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Topics for Investors: Basement Kitchens You walk into a property you're looking to buy and rent and you walk down into the basement and voila! you find a full second kitchen. Great! You start calculating how much rent you could get if you could… more
Highlands RE Trends: Pop Tops and Scrapes
12/30/2008
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Investing in Real Estate 9 - Scrapes, Pops and New Construction This blog will discuss a type of real estate investment, scrapes, pops and new construction, in the Highlands area in Denver. What this investment is : Purchasing a small home in… more
Highlands RE Trends: Large Apartment Buildings (Investing)
12/30/2008
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Investing in Real Estate 5 - Large (5+ unit) Apartment Building This blog will discuss a type of real estate investment, large apartment buildings, in the Highlands area in Denver. What this investment is : Still targeting tenants for 6-12… more
Highlands RE Trends: Small Apartment Buildings (Investing)
12/30/2008
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Investing in Real Estate 4 - Small (2-4 units) Apartment Building This blog will discuss a type of real estate investment, small apartment buildings, in the Highlands area in Denver. What this investment is : Purchase of duplex, triplex or… more
Highlands RE Trends: Rentals
12/30/2008
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Investing in Real Estate 3 - Rental Condo or Rental Home This blog will discuss a type of real estate investment, rental condos or rental homes, in the Highlands area in Denver. What this investment is : Purchase of a residential property to… more
 

Robert Koch

Denver, CO

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Cell Phone: (720) 231-0213

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