I have been buying and selling commercial and residential properties for the past 15 years.
I started off in the business as a regular building contractor and then I started buying and selling properties.
One of the reasons why I do so well in the business is due to the fact that I was a contractor first. I can tell when something isn’t up to code, and a lot of realtors don’t have that exact knowledge like I do. It means I can save money sometimes by making a good decision not to buy a property. I recently made a great decision not to buy a commercial property. The 35,000 sq ft building needed a new roof. I knew it was going to cost a fortune to replace the roof of the building, but the owner of the property gave me an estimate from a company that was unreasonably low. I decided to contact a couple of different commercial roofing companies to see how much it would actually cost to replace the roof of the building. When I put all of the estimates together, I quickly realized that the estimate I received from the property owner was a sham. There was absolutely no way that the roofing contractor was only going to charge that amount of money to replace the roof when I was getting estimates twice that high. I didn’t get very good vibes from the owner and after hearing about the roof, I knew it wasn’t a good idea to purchase that particular commercial property.