View Full Version : Checklist for walkthroughs on potential deals
Wondering if anyone has a good checklist to use while walking through houses. I had one before but I can't seem to find it. I would just like to be organized and be able to determine the cost of repairs a little better.
topfuel
02-21-2008, 12:14 AM
Wondering if anyone has a good checklist to use while walking through houses. I had one before but I can't seem to find it. I would just like to be organized and be able to determine the cost of repairs a little better.
Send your email via PM and I'll send the word docs.
PROPERTY REHABILITATION ANALYSIS
Property Address
Owner’s Name
Telephone Number (Home) (Work)
Age of Property
Listing Broker
Existing Loans And Status
Insured By Amount
REHABILITATION NEEDED AND ESTIMATED COSTS
A. Rehabilitation Period Costs
Architect
Legal Fees
Accounting Fees
Advertising
Insurance
Loan Fees
Loan Interest
Permits And Fees
Real Estate Taxes
Other
Contingency
Subtotal: Rehabilitation Period Costs
B. Interior
Kitchen Appliances
Stove
Refrigerator
Dishwasher
Washer/Dryer
Cabinets
Microwave
Other
Total Appliances:
Master Bedroom
Bedroom Two
Bedroom Three
Bedroom Four
Bathroom One
Bathroom Two
Den
Family Room
Halls
Floors
Elevator
Water Heater
Water Softener
Boiler
Air Conditioning/Ventilation
Heating System
Electrical
Plumbing
Fire Protection System
Furniture/Fixtures
Other
Contingency
Subtotal: Interior
C. Exterior
Roof
Windows
Doors
Walls
Trim
Garage
Chimney
Yard
Landscaping
Well
Septic Tank
Sprinkler System
Driveway
Walkways
Porch
Fence
Steps
Pool/Pool Equipment
Light/Light Fixtures
Other
Contingency
Subtotal: Exterior
D. Amount Invested
First Mortgage
Second Mortgage
Third Mortgage
Other Liens
Back Payments
Back Taxes
Closing Costs
Estimated Costs to Sell
Other
Subtotal: Amount Invested
TOTAL COSTS EXCLUDING SELLER'S EQUITY (A+B+C+D)
Estimated Selling Price Based On Comparisons
Less Amount Invested (Total Costs Excluding Sellers Equity)
Profit Before Cash Or Notes to Seller For Equity
Less Cash Or Notes To Seller
Estimated Gross Profit
thanks topfuel,
Could you explain your from D: down.
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