Here’s my views. - Posted by Ronald * Starr(in No CA)
Posted by Ronald * Starr(in No CA) on September 08, 2003 at 16:53:28:
Congratulations on what will likely be a very profitable venture.
I’m all for saving money. And I don’t always think city building inspectors are needed.
However, in this situation, I recommend that you do get in the building inspector. I don’t understand what you mean by “Inviting an inspector before we rehab the property, is just gonna quadrapule the problems.” Why would that be? You weren’t thinking of doing a slipshod job and then hiding things from the inspector were you?
Where there is a fire, some framing members have to be replaced if they are burned to a certain depth. This would be wall studs and floor joists here, I would think. If they are not too badly burned, they can stay. You have to know which can stay and which have to go. The inspector will tell you which is which.
Otherwise, you might rebuild things then later have to tear out the new work to replace some wood members you had left in that you should have pulled out initially. Are your really eager to do the same work twice?
I’ve been keenly interested in fire-damaged property investing, although I have not done any. If you could tell us what happened after it is done, I’d love to hear from you.
Good InvestingRon Starr*****