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June 24, 2024 14 mins

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Are you wasting your money on unnecessary inspections? Join us as we challenge the odd advice of hiring multiple specialized contractors for a single property review. Jim and Laura break down a real-life scenario where an agent suggested this impractical and costly approach, and they illuminate how a professional home inspection from companies like Habitation Investigation presents a far more effective solution. Think of home inspectors as the general practitioners of the real estate world—they have the expertise to identify issues and recommend specialists, saving you both time and money.

By tuning in, you'll understand why a comprehensive home inspection is such a valuable investment in your real estate journey. You'll not only gain insights into the ROI of home inspections but also learn how these evaluations provide peace of mind and informed decision-making. Whether you're buying, selling, or advising on property, this episode promises to arm you with the knowledge to safeguard your investment efficiently. Don't miss out on this essential discussion that could save you thousands and protect your biggest asset: Your life and your home.

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To learn more about Habitation Investigation, the Two-time Winner of the Best Home Inspection Company in the Midwest visit Home Inspection Columbus Ohio - Habitation Investigation (homeinspectionsinohio.com) Schedule online if you need a home inspection or related services.
If in need of a real estate agent definitely recommend checking the agents that have been guests on the podcast.

See some fun home inspection findings Habitation Investigation LLC (@habitationinvestigation) • Instagram photos and videos

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For home buyers: What to expect from a home inspection. YT video for home buyers

Homebuyers, Help Protect Yourself When Going Commando (buying without the home inspection) – Habitation Investigation (homeinspectionsinohio.com)

If you would like to be a guest on the podcast contact us and let us know. You can visit Home (jimtroth.com) and go to the podcast page.

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Episode Transcript

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Speaker 1 (00:02):
Welcome to the Standing Out in Ohio podcast,
where we discuss topics,upcoming events, news and
predictions with real estateprofessionals and entrepreneurs.
Listen and learn what makestheir companies and themselves
stand out and gain advantagesover the competition and gain
market share.
Subscribe for the latest newsand discussion on what it takes

(00:23):
to stand out from the crowd.
Now here's your host, jim.

Speaker 2 (00:30):
Hey everybody, Welcome to the Standing Out and
Hot Podcast.
This is Jim, and with me is Hieveryone.

Speaker 3 (00:37):
It's Laura.

Speaker 2 (00:40):
The office.
Goddess, you know your role,you know your title.
So, roi, return on investment.
Return on investment I'massuming everybody knows that
they may not know theabbreviation, but they should
know.
If you're investing insomething, you should get a
return on it.
Ideally, right?

(01:01):
At least that's the goal.
That's the goal.
That's the goal.
Dealing Right, at least that'sthe goal.
That's the goal.
That's the goal.
Some people well, I remember ahome, no, yeah, we had a buyer
contact us.
He wants to do the whole houseinspection for him.
He told me that his agent saidno, don't get a home inspector.

(01:21):
Why don't you go get anelectrician, a plumber, an HVAC
guy and a roofer?
Have them all come out and takea look at the house.
And a structural guy, a sidingguy have them come take a look.
A foundation guy Get all thepeople to come out and take a
look.
And you know darn well, firstof all, it's hard to get
somebody to show up.

Speaker 3 (01:41):
Much less.
Contractors Just show up, muchless between different companies
.

Speaker 2 (01:44):
Contractors, just come to take a peek at your
stuff instead of working on it.

Speaker 3 (01:48):
Because that's not a guarantee.

Speaker 2 (01:50):
Yeah, I added all that stuff up and you'll be
surprised how much that came upto.

Speaker 3 (01:55):
But anyway, this is the price of an inspection.

Speaker 2 (01:57):
But first let's listen to this.

Speaker 4 (02:00):
Habitation investigation is the way to go
for a home inspection in Ohio.
Trusted licensed homeinspectors for your needs.
From radon to mold towarranties For a great home
inspection, you really can't gowrong.

(02:20):
Visit homeinspectionsInOhiocom.

Speaker 2 (02:25):
All right.
So if that guy did what theagent wanted, assuming you could
even get all those people toshow up on the same two to
three-hour time frame to getthose inspections out, which I
guarantee is almost impossibleYou'd have to have everybody had

(02:48):
nothing going on which tells methey're probably not any good,
but anyway, and you should justkeep on going, adding up,
getting the roofer, thefoundation, the electrician, the
plumbing, the hvac guy I thinkI a siding guy, it was like 18,
1900 easily and that was yearsago that was years ago.
That was years ago.
Well, yeah, it's probablycloser to $25,000, $3,000 now to

(03:09):
get that.
And the buyer said, yeah, hetold me to do this.
I'm like he's like I think I'drather.
I'm like yeah, yeah, becauseyou're not going to get those
people together, I think ourbill is maybe like $400.
Right.

Speaker 3 (03:22):
Significantly cheaper .

Speaker 2 (03:25):
So we talk about return on investment.
Home inspection is a heck of adeal, right, because you're
going to get.
We're not experts in any onefield of construction or
anything like that but we arereally good generalists, right,
especially HabitationInvestigation.
Our guys are really guys andgals are very trained.
They're good.

(03:45):
They'll let you know if youneed to get a specialist in to
repair something.

Speaker 3 (03:50):
I would liken us to a general practitioner.
You go in, you see the generalpractitioner.
They listen to your heart, toyour lungs.
If there's any concern withyour blood pressure, your heart,
they send you to a cardiologist.
With your blood pressure, yourheart, they send you to a
cardiologist.
With your lungs, they send youto a pulmonologist.
We're very similar to that inthat, like you said, we know

(04:11):
general information about allthe systems of the house.
We know when you need to payextra for that specialist.

Speaker 2 (04:18):
Yep, exactly.
Plus well, let's say we can'tdo repair work Right.
Plus well, let's say we can'tdo repair work Right.
A general practitioner can dosome stuff, but he's not a heart
surgeon.
So the general practitioner isnot going to go repair your
heart, repair your lungs, sosomewhat similar, but we are not
doctors, of course.

(04:39):
But the ROI, and then I got tothink about this.
I'm like what is the ROI ofdoing some of the services that
we do?
Because the termite okay, saywe do it, termite with
inspection is 75 bucks.

Speaker 3 (04:57):
Right.

Speaker 2 (04:58):
Well, we could discover some termites and you
need to spend $1,500 to get ittreated, or $500, which to get
it treated, or $500, which iskind of something the EPA
actually is starting torecommend.
Just do spot treatments wherethat issue actually is.
Oh, interesting Termites can'tsee, they're not going to go.
Oh, they're treated here andthey go around the house on the
other side.
They can't see, so just treatwhere they're at.

(05:20):
That's the best thing to do.
So the ROI on that would beyeah, you spend $75, you might
save, we'll say, $1,500.

Speaker 3 (05:30):
Not a bad return.

Speaker 2 (05:31):
Not a bad return.

Speaker 3 (05:34):
That's a 100% back.

Speaker 2 (05:36):
Yeah, so you may not.
We don't find that.
You got $75 for peace of mind.
That's pretty good.

Speaker 3 (05:43):
Right.

Speaker 2 (05:44):
Sewer scope $250.
However, that's pretty good.
Right Sewer scope $250.
However, they have good peaceof mind, but that one ROI, on
that one, there could be $10,000, $15,000 worth of damage.

Speaker 3 (05:56):
Our daughter had one for $20,000 when she was looking
at a house, and that was fiveyears ago.

Speaker 2 (06:00):
She did not get that house.
No, she did not.
But so ROI on that, amazing ROIon that, because that can
really make the house unlivableuntil you get it cleaned up,
assuming you have the money toget it fixed.
The other thing I was thinkingabout was the ROI on a chimney

(06:21):
scope, because chimney scopegetting repairs on your chimney
yes, we had somebody who like$8,000 to get their chimney
repaired for the issues thatwere found.

Speaker 3 (06:34):
It was two chimneys One was $8,000 and one was
$2,000.

Speaker 1 (06:40):
Okay.

Speaker 3 (06:41):
If I'm recalling correctly.
But either way, $8,000 to$10,000 for two chimneys to get
repaired.

Speaker 2 (06:47):
Okay, and my thought, one thought with that okay,
let's just call it $10,000.

Speaker 3 (06:52):
Make it easier for Matt $10,000.

Speaker 2 (06:54):
Make it easier for Matt.
$10,000 repair yes, theinspection could have saved the
buyer from unknowingly having$10,000 repair.
But also worse, the chimneycould have burned the house down
, killing people.
To me, the return on that isastronomical, Price-wise.

Speaker 1 (07:12):
Yeah, you can't really it's hard to put the
return on that is astronomically.

Speaker 2 (07:15):
It's hard to put a price on that one.
So sewer scope very good returnon the money, very important.
Can get your house filthy, notlivable for a little bit.
Chimney can freaking kill you.

Speaker 3 (07:28):
Burn your whole house down so that one needs to be
done.
How many house fires are caughteach year?

Speaker 2 (07:36):
There's like 22,000 house fires every year that are
caused by the fireplace chimney.
And it really doesn't mattertoo much what I'm seeing,
because I've seen pictures, theones with the metal prefab, with
the metal pipe going up throughthe vinyl-sided chase, the
chimney on the outside of thehouse those can have fires also.

Speaker 3 (07:58):
It doesn't matter.
Nearly 25,000 chimney fires peryear, causing damage to
structures, injuries and deaths.

Speaker 2 (08:09):
Yeah.
So the ROI on doing the chimneyscope Priceless yes, that one.
If you have a wood burner andyou're going to use it, you need
to get that scope.

Speaker 3 (08:20):
Wait, wait, wait.
I feel like I'm in a MasterCard.
Commercial Price for a chimneyscope $250.
Return on investment priceless.

Speaker 2 (08:30):
Not killing, not murdering your baby priceless,
yes.

Speaker 3 (08:34):
Wasn't that an old MasterCard commercial?
Was it MasterCard?
Maybe, okay, maybe.
I feel like I've heard aMasterCard commercial?

Speaker 2 (08:41):
I don't remember what it was.
But you have to look at the ROIof these things Right, because
it's not only is it buying peaceof mind, it's saving you
annoying expenses, but it alsocan really save a lot of
frustration and potentially savelives.

Speaker 3 (08:56):
So another question In the past, let's say two weeks
, how many burned electricalparts in the panel have we seen
coming through text messages?
I'm thinking of at least three.

Speaker 2 (09:12):
We've opened three in the last month.
I'm thinking of at least three,Three in the last month, I
think three in the last monthwhere we opened up the
electrical panel.
Take a peek inside there andthere's char marks inside where
something melted on the main busbar.
We're seeing that In otherplaces as well.
Those are fire.

(09:32):
That's another fire waiting tohappen well, I remember the one
chimney scope I did.
I mean, yeah, it was an oldhouse.
People did not have aninspection, they moved from out.
I think they moved from jersey.
If I remember right, they movedfrom jersey.
They came in and he goes yeah,I want to get this checked out
before we use it come this fallor something like that.
Now he's probably you mustnmonths from being cold enough to

(09:54):
start burning it.
So I looked up at the normalgaps between the old fireplace.
I get so far up all of a suddenthe terracotta flew.
It's gone.
It is completely missing, likeit all cracked and fell down and
that means what.
Okay, you got your let's go fromthe outside in.
Okay, you got your let's gofrom the outside in.
Okay, you got your bricksaround the outside the chimney.

Speaker 3 (10:16):
Right.

Speaker 2 (10:18):
And as you go beyond those going toward the middle,
there's a little tiny gap.

Speaker 3 (10:23):
Okay.

Speaker 2 (10:24):
And then you got your terracotta tile flue for the
smoke and heat to go through.

Speaker 3 (10:29):
So the thing that sticks up, that they put the
little cap on.

Speaker 2 (10:31):
Yes, you got the terracotta flue.

Speaker 3 (10:33):
So that whole thing was gone.

Speaker 2 (10:34):
At the top.

Speaker 3 (10:35):
yes, so what does that mean in terms of him
burning stuff?
Were you able to see the attic?

Speaker 2 (10:43):
I couldn't see the attic on this one, which I have
before, but I'll get to that.
So what does it mean?
As it goes up, the gases andheat are not going to go stay
contained the way they'resupposed to.
They can escape out the sides.

Speaker 3 (10:54):
So sparks.

Speaker 2 (10:56):
Sparks.
Yep, and I have seen whereterracotta flew.
It was damaged so you had biggaps in it and sections missing
of it, but behind that I couldsee the structure of the attic,
the wooden structure.
Wow, rachel Ray.

(11:17):
The chef their house caught fire.
This is kind of common.
They start fires in the atticspace because, like I jokingly
said before, the chimney is ared-headed stepchild of the
house.
They ignore it.

(11:37):
They pay attention to itChristmas and Thanksgiving
because they want to use it andthat's about it.
But in her house and this iscommon you get some gaps and
cracks up there.
The heat goes up into the atticspace, the little gaps and then
causes a trap there within thatconfined space up there and the
wooden structure.

(11:57):
It gets to the point whereit'll ignite easily and the
whole thing goes.
So I think, roi, the two mostimportant things to do is the
chimney scope and the sewerscope.

Speaker 3 (12:12):
Yeah, definitely.

Speaker 2 (12:14):
Other than that, you should always get the whole
house inspection done, becausethat is far more that's so cost
efficient than hiring everysingle profession to come in and
check out the electrical, theplumbing, the cooling, the
heating system, the roofstructure.
First of all, all those guys.
You know they may have licensesfor what they do.

(12:36):
They don't know how to write afreaking report.
Well, and not only that.
How many times we've had peoplehey, can you check this roof
out?
Roof out for us, like largecommercial, we maybe can't get
to, they don't know how to aright report.
They're terrible.
I hired a guy to look at who'sa large commercial building.
They had a big boiler systemfor the entire building.

Speaker 3 (12:58):
I remember this, yeah .

Speaker 2 (13:00):
It took over a week to get that inspection report
regarding the boiler you couldhave done it much easier.
It was a shaded report.
I had more information thanthey provided In your own report
, in my own report because Itook notes.
I took notes myself because Ididn't know what all they were
going to get, because they werenever really clear.
So I took notes and put it alltogether myself.

(13:21):
It was far better.
I never hired anyone else.

Speaker 3 (13:24):
No, not ever again, since then.

Speaker 2 (13:26):
They were cheap.

Speaker 3 (13:29):
I understand why they were cheap.
Well, you get what you pay for,and we learned that too.

Speaker 2 (13:31):
Yeah, so we do it ourselves.
It's better quality, that's forsure.

Speaker 3 (13:34):
Definitely.

Speaker 2 (13:36):
So anyway, rny always have the home affection and
never skip the chimney scope andthe sewer scope.

Speaker 3 (13:41):
Right.

Speaker 2 (13:43):
And this is going to vary, but somebody has kids with
allergies asthma they probablyshould get a mold test.
Also Cancer chemicalsensitivities.

Speaker 3 (13:51):
We could take care of all of that stuff too.

Speaker 2 (13:53):
And that's because it's more personal.
Someone has sensitivities,things like that.

Speaker 3 (14:00):
But I don't know of anybody that can survive a house
fire, not I, nope, nosuperheroes I know of.

Speaker 2 (14:05):
So anyway, that's it, thank you everybody.
Take care and bye-bye.
I know so anyway that's it.

Speaker 1 (14:11):
Thank you everybody.
Take care and bye-bye.
You've been listening to theStanding Out in Ohio podcast.
Be sure to subscribe on Spotifyor Google Podcasts to get new,
fresh episodes.
For more, please follow us onInstagram, twitter and Facebook,
or visit the website of thebest Ohio home inspection
company athomeinspectionsinohiocom or
jimtroffcom.

(14:32):
That's J-I-M-T-R-O-T-H andclick on podcast.
Until next time, learn and godo stuff.
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