October 13, 2023 • 26 mins
Ever wished you had insider knowledge before making that big property purchase? Today, we're pulling back the curtain on the home inspection process with our special guest, Desiree Williams, a seasoned building inspector from Nevada. Desiree reveals the nitty-gritty of what every buyer should consider when it comes to purchasing a property, including but not limited to the location, roofing, foundation, HVAC system, water heater, and appliances. She places particular emphasis on the foundation and roofing, shedding light on how these high-ticket items can be powerful bargaining chips when negotiating property prices.
Venturing into the unique terrains of Arizona and Nevada, Desiree offers specific advice tailored to the common elements of these regions, such as tile roofing and stucco. Ever wondered about the blind spots of a home inspector? Desiree divulges how a due diligence inspection could be a better option for the vigilant investor, as regular home inspectors can sometimes inadvertently fall into the trap of siding with the realtor and broker. She closes the episode with her top tips on identifying signs of water damage and the potential pitfalls of DIY projects. Get ready to arm yourself with the insights of an industry expert and navigate the world of property buying like a pro!
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Episode Transcript
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Introduction (00:13):
Ready to get the inside scoop on equity funding?
Tune in to TDJ Equity FundingInsiders podcast for an in-depth
look at what it takes to accessfinancial capital and maximize
your investments, fromexperienced professionals,
including bankers, underwriters,loan officers and industry
(00:35):
experts, as they share theirunfiltered stories and valuable
lessons on securing funds.
Jacquelyn Jackson (00:47):
Hello everyone and welcome to TDJ
Equity Funding Insiders podcast.
I'm Jacqueline Jackson, your cohost for today, and today we
have another co-host guest,which is Desiree Williams.
She's a building inspector fromNevada.
What we've found out, and Ifeel as loan brokers, is that a
lot of time, people are notprepared to really go out to
(01:09):
funding.
So what we do is try to bringpeople in.
They can add some insight thatcan actually help us getting
funding better.
But today we have a specialguest because she's actually
talking about the propertyitself and what you need to do
is for is when you're looking atit to be inspected, when you're
looking for it to be inspected,you have some things that you
need to look out, look as wellas a potential buyer or the
(01:32):
rehabber, basically what that is.
So if we could, let's welcomeour guest today, desiree
Williams, to our show.
Welcome to our show, desiree.
We appreciate you being heretoday.
Desiree Williams (01:43):
Hey, thank you for having me.
I am enjoying being here.
I love sharing the information.
Jacquelyn Jackson (01:49):
And I know from time that we've talked and
spoke before.
You have a lot of information,so let's start out today with
your discussion One.
Tell us about yourself and thentell us about what you actually
do as well.
Desiree Williams (02:02):
I am a building inspector regional
building inspector for a majorinvestment company right now.
So I do a lot of the WestDallas area actually the whole
Texas Denver, salt Lake and I doventure into East Coast and the
central markets as well, justso I can expand my knowledge.
I've been a building inspector.
(02:24):
I got my degree as a buildinginspector out here at college,
so I do that.
I'm also BPI certified forenergy sustainability and I also
am infrared certified so Icould look at different
mechanical devices to see ifsomething is going to fail, like
fuses, motors and things ofthat nature.
Jacquelyn Jackson (02:41):
So I've been dabbling in inspection in every
area in inspection for the last20 years, 20 years so you come
to us with a lot of experience,and so what we want on this show
today is actually we talk tobusiness owners and real estate
investors, so I know yours isgoing to be your topic today.
It'll be more catered to ourreal estate investors that are
looking at purchasing homes aswell, as we have an audience of
(03:05):
people they're looking at to buyand purchase homes as well for
themselves.
So that's why our team wasreally excited about you coming
on today, because you couldactually get some in light.
So, with that said, let's startoff with our first questions
that we have, which is with yourassociation with the funding
industry, because you actuallyhelp people to purchase things
or whatever.
However, we're asking you howdoes your expertise help with
(03:29):
people getting funding and whydoes your expertise help?
Desiree Williams (03:34):
It helps with getting funding because when
you're looking at a property,you at least know your price
point and when you're going into do an inspection on a home or
to look at the house, you willknow if that house is actually
going to be feasible for you orif there's some things that you
can deal with and you can usethose as bargaining tools for
the price of that house and youcan negotiate the price on the
house.
(03:54):
So you need to know what you'relooking at so you can actually
know how to negotiate.
When you're going to lending,or if you're talking to an
orilliter, or if you're talkingeven to an adjuster, they at
least know that you know whatyou're talking about so they
don't try to give you the youknow the little off one off and
think that you don't know if,when you actually know what
(04:16):
you're speaking about, theyactually talk to you like you
understand what you're speakingabout and actually give you more
information than giving youless.
Jacquelyn Jackson (04:24):
Okay, so tell us what is it that I should
look at if I want to purchase ahouse.
What are some things?
As building inspectors, as Iexpect, I know we're not
building inspectors, you guysare but as a buyer, what is it
that I need to be looking forwhen I get ready to purchase
property?
What are some of the mainthings you see that I need to
watch for?
Desiree Williams (04:45):
one.
You want to look for location.
You want to make sure thatyou're in the right location,
depending on the walkability, ifthat's important to you as far
as schools, shopping areas,things of that nature that's
close to you there.
You also want to look at theroofing.
The roofing on the house isreally important because those
are high ticket items.
So a lot of the high ticketitems are really what you want
to focus on, which is for Dallasand Texas area.
(05:08):
The foundation is really big outthere because of the fact that
the soil is so soft.
You want to really check thefoundation.
You want to check the roof, youwant to check your assets,
which I call your HVAC system,the condenser, the air handler,
you want to check the waterheater and you also want to
check the appliances inside thehome.
But definitely the foundationis the big one.
(05:29):
It's a big ticket item.
A lot of people kind of slidethat through, but you can spend
anywhere from 10 to 40 thousanddollars just to fix the
foundation.
So you want to look at that aswell as the roofing.
That can anywhere run you fromeight to 12 thousand even more
just just for your roofing.
So if your roof is damaged,your foundation is damaged.
(05:50):
You really are looking at areally high ticket item without
even getting inside the house tosee if it needs paint flooring.
If you're looking at thekitchens and bathrooms or your
high ticket dollar items, doesit have water damage?
What are you actually replacingis the plumbing bed and you're
messing with the foundation.
You're actually going to bemessing with the plumbing,
depending on what kind ofplumbing it is, on the age of
(06:12):
the house.
So the age of the house is thefirst thing you want to look at
to see if there's something thatyou want to get into okay as
well, basically.
Jacquelyn Jackson (06:19):
So, if we're looking at, let's say this, and
I know from us, havingexperience with real estate
investors too, and you know thisas well that one thing a lot of
people think sometime theymight bypass the process of
having it professionallyinspected.
Okay, we do run across whatpeople think oh, I can just go
in there and let me just seewhat I think and feel it and go
from there.
Now, what we want to tell you,because we want to give you the
(06:40):
best information, is that havinga building inspector is
something we see that's reallyimportant, that covers you and
it covers the deal, as itselfbasically does.
But what's important?
That is some things that Ithink that's what you were
saying early.
You need to notice yourself, youneed to look for things
yourself.
So, like you said, thefoundation.
So how is it?
I go in and I look at a houseand can tell just by looking.
(07:02):
Besides, I'm going to read iton a report when, because I'm
going to get an inspector butwhat are some things that give
you indication that something'swrong with that foundation?
Desiree Williams (07:10):
that stands out if you walk around the
outside of the house, you'llstart seeing.
At the, the footing of thehouse, you'll start seeing
cracking.
If you see horizontal cracking,that's really bad because it's
shifting and it's breaking fromthe foundation itself.
But if you see the verticalcracking, there's different
types of cracking.
Yeah, stair step cracking thatgoes up through the brick veneer
on the houses.
But if it's breaking directlythrough the bricks which the
(07:33):
crack is going through, themiddle of the bricks, that's an
indication.
It's a foundation issue.
Then you want to see what isthe width of the crack.
Is it a really fine crack or isit cracked that you could stick
a quarter in?
You stick in quarters in acrack like that.
That's a problem.
So that's your first indication.
Your second indication you'regoing to go in the house and you
want to look at the doors andthe windows.
Do they have vertical crackingfrom the corners of the doors
(07:56):
and the windows?
If so, that's an issue you wantto carry a ball with.
You set the ball on the floor,see if the ball rolls towards
one direction or another.
Then you know that the, thefoundation is really bad,
because now the house isstarting sinking areas and then
you'll also see the foundationcracking under the flooring if
you took the flooring up.
But your key indicators isgoing to be outside of the house
(08:19):
and you want to go inside thehouse and look at the doors and
the windows.
Do the doors close all the way?
Sometimes the doors won't close.
Sometimes they close bythemselves because of the the
gravity is going to pull thedoor closed because of the
sinking in whatever area it'sgoing of the house.
So those are areas that youwant to look forward to make
sure for foundation issues arecracking.
Jacquelyn Jackson (08:39):
If it's really bad, you're going to see
that and you know, just you'resaying that I hadn't thought
about it.
So basically you say, becauseyou know you're going to look at
the house, they have all thedoors open and everything
looking like.
I have never thought aboutpulling each door close just to
see how that and I mean that'ssmart.
So it's things that we can doas consumers.
We don't have to have theprofessionalism for the license
(09:00):
or whatever it's as the builder,but it's some things we can
come in and do ourselves, whichI think, like you said, the ball
.
So if you're looking at housesor looking at property, take a
ball, which we say like a tennisball or something like that it
could be any ball smooth rollingball, tennis ball.
Desiree Williams (09:13):
It could be like those little blue balls I
forgot what they call them withthe which game it's for but just
get you a ball and then itcould be a.
It could be a.
It could be just like akickball or anything like.
You just want to sit on thefloor and see if it just starts
to roll in one direction byitself because it's not supposed
to roll right.
Jacquelyn Jackson (09:30):
That's what you're saying.
Desiree Williams (09:31):
No, it's not supposed to roll you don't want
to roll it and then starthitting walls because it's
rolling like that.
Okay, you know what?
There's a problem over hereright whatever direction the
ball is rolling.
Look at the windows and doorsin that area or close to that
area, because that's going to bethe side of the house that's
going to actually give you thatindication.
Jacquelyn Jackson (09:50):
Right, that's that problem and I know you're
right, it is money.
I've had it where we haveinvestors.
When you go into a property andeverything is good, and you
find out later that there's abig foundation problem, and when
I tell you, eating up yourbudget instantly because you
have to take care of it, I meanbecause you're going to have
inspection.
So you're stuck with it andyou're the one that got to
(10:11):
repair it.
So that's where it's reallyimportant even to do those
preliminaries that you have.
Whether you're a homeowner orreal estate investor, you're
still going to be responsive,correct, we still going to be
responsible for it.
Desiree Williams (10:22):
So now if you're purchasing in the West
and I'm not talking aboutCalifornia West, like Arizona,
nevada, one of those states theydon't have foundation issues.
So because the ground is a lotharder and it's not, it doesn't
rain a lot out in those areas,so you don't have those
foundation issues.
Okay, so just keep that in mindtoo.
If you're purchasing and you'relooking for real properties
(10:42):
that you want to have with lessissues, you got to want to look
at either a new house in theMidwest and, like this, East
Coast.
But if you're coming to theWest Coast, you won't have those
issues unless you hitCalifornia.
Jacquelyn Jackson (10:52):
Right, and on that let's say something,
because I know you and I havetalked before.
There's one thing that'simportant about people
purchasing property in differentcities that they're not
familiar with you had mentioned.
I definitely want you to talkon it.
Where you have, the areas aredifferent as far as how they
affect the homes, and I thinkyou said you need to figure out
how that is affecting that home.
(11:13):
What's going on in that area?
Am I correct?
So if you could talk a littlebit more like that, I definitely
think that's something good Ilisteners should hear.
Desiree Williams (11:19):
Okay, so like, let's say, you're purchasing in
Arizona, nevada.
They don't use veneer, theydon't use like the brick veneer,
they don't use siding, theydon't use like shingles as much,
they use tile roofing and thenthey use stucco.
And you want to watch thestucco because a lot of times
when the builders are buildingin those areas like that and
(11:40):
they're they're tacking in ornailing in the stucco, the
chicken wire in the phone forthe stucco, they also hit pipes.
So you have the pecs or the PVCand they hit in those pipes.
It's going to cause a littlewater leak or you have those
leaks in your wall and you won'tfind out two years later and
that's something is really hardto look for and you really can't
just like check for it.
But you want to look at thestucco to see if it's changing
(12:02):
different colors.
You could tell that underneaththat it's wet.
If you're looking on the otherside of the wall, you might see
a little discoloration in thepaint, which didn't also the
indication that something is wetbehind that wall.
Jacquelyn Jackson (12:15):
Oh wow.
So let me ask you this Will Iget that on my report from my
builder inspector, you thinkfrom the home inspector?
Would that be something we willsee?
No, it won't be.
Desiree Williams (12:25):
It will be it depends on the home inspector.
All of them are different.
I've actually hired some homeinspectors to do due diligence
inspections, which is forinvestors.
Okay, they are two differenttypes of inspections.
You have a home inspector whichpretty much, they're going to
be siding with the realtor andbroker to make sure that they
can sell the house, so they maynot disclose every single thing
(12:45):
to you, because if they do toomuch, you may not purchase the
house and they lose to sell.
Jacquelyn Jackson (12:50):
Or I want to discount, I want more money,
right, right.
Desiree Williams (12:54):
But if you're out there and you and you're an
investor, like most of you are,you get a due diligence
inspector to do.
Diligence inspectors going togo.
They want to tear that house upto find every inconsistency or
something wrong with that house,to make sure you know
everything, or even commercialproperty.
You want to know everythingthat's wrong with the property
so you'll know how much moneyyou need to invest.
It's not even going to be justas far as you going in to do the
(13:18):
improvement or the tenantimprovement, the TI on it or the
remodel on it.
You want to know before youstart renovations.
This is my renovation cost.
But you don't want to have a lotof unforeseen where they missed
a lot of things, because nowthat's going to not only eat up
your budget, but now you got totry to figure out how to flip
this house.
If you're going to flip it orget rid of it, you got to figure
(13:39):
out how to flip it and stillmake a profit.
And if you're going to have atenant in there, what are those
tenants going to be complainingabout once they get in that
house?
Because if they have a lot ofmaintenance issues and
complaints, you're going toactually lose your tenants and
you want the longevity of yourtenants to be in those
properties.
You don't want them there forone lease term, you want them
there for multiple terms.
You want them there for thelong term.
Jacquelyn Jackson (14:00):
Okay, so we definitely want to do that.
So if we're looking indifferent areas, where could I
go and ask the questions aboutthe climax, I guess, or the
environment, or where I can tell, like I'm here in Texas and I
know you're in Nevada but I wantto buy a house in California, I
might want to check to see howthat you know how the houses are
and what they go by compared toFlorida.
(14:21):
Where would I go to find thatout?
You can Google it.
Desiree Williams (14:24):
I mean it's full of information right, you
can go and you can Google theareas.
I've done a lot of searches onCalifornia because I was going
to move to California at onepoint in time and there's a lot
of information on YouTube thatyou can get just Googling it.
Jacquelyn Jackson (14:39):
So what do we say when you say Google it?
What do I say to Google to getit started?
What do you suggest?
Desiree Williams (14:45):
Like where is the?
I like I'll do a search justrandom shirts on what is the
best areas to buy in California.
What are the most issues withhouses in California?
What should I look out for forhouse home purchases in
California?
So when you start looking forCalifornia home purchases issues
, it's going to do an algorithmon there to give you a like a
(15:06):
lot of the issues that they'vebeen having in that area.
Jacquelyn Jackson (15:08):
Okay, so we can do a lot of homework or do
diligence before, as well ashaving inspectors, which I think
, like I knew home buyers andyou and I again had talked about
this that when people are newhome, they're only looking at
what's good about everything.
I'm going to give me a house,I'm going to give me a house,
and they don't understand onceyou get that house, whatever
problems it have, you have meritthose problems and they are
(15:30):
yours.
So that's something I think,what you're saying, and we want
our people that's actuallylooking at getting homes, or
those who probably already havethem to for your next one that
you will actually take a payattention at, especially as
investors right, they need topay attention to that.
Desiree Williams (15:45):
Because even new houses have issues.
And the reason why they'rehaving issues is because of the
fact that the employment marketis a little sketchy.
Okay, so there's not a lot ofpeople working, so their crews
are thin and they're stillpushing because they buy these
houses, they buy the land forthose houses for years out, so
they have to finish those houses.
(16:05):
Because of utility easementsthey have to finish them.
So a lot of them they'reputting them up super quick.
I've seen a lot of it in Dallas, san Antonio, houston, austin,
even where they are actuallybrand new houses with issues
Nevada.
I've seen issues out here.
Matter of fact, a friend ofmine.
She didn't get an inspector andI was traveling I travel like
(16:27):
almost like every week so she Iwasn't here available for her,
but she ended up having a can inher plumbing for her washer.
So when she actually startedthe washer it backed up and
flooded her downstairs of herbrand new townhouse.
Jacquelyn Jackson (16:41):
Oh my goodness, a can.
Desiree Williams (16:43):
A can was in the plumbing and she didn't know
, so she went in and you getexcited when you get a new house
.
She's like I got a brand newhouse, it's mine, I can do all
these things to it, but I'veactually walked in brand new
houses where the walls weremessed up and needed to be fixed
, where the cabinets wereswinging on the wall, they're
loose, they didn't haveeverything put in, they didn't
(17:06):
complete the plumbing or theydidn't have the inspections.
And when you're going for a newhouse you want to make sure
that they have those inspectionscompleted before you actually
do your orientation for yourhouse.
Once you do the homeorientation, where they can
explain the house to you, go andtear that house up, go and move
stuff, open windows.
I've had houses brand newhouses where I've had to have
(17:27):
the builder change out thewindows because the seals were
broken.
I've had to change out brand newdoors because they were cracked
and all you could do is youcould take a door handle and
shake the door and you can feelthe difference between a door
with no issues.
When did a door with issues?
So you have to be a genius tolike check the doors and the
windows and things like that.
But those are issues.
Jacquelyn Jackson (17:48):
So basically, when you say, like I'm shaking
a door, if I shake the door andwhat it moves, that's a problem
or what I'm looking for, You'regoing to feel it feels odd, like
I understand.
Desiree Williams (17:58):
I know how it feels because I've been doing it
so much.
But when you shake the door itfeels like something is loose or
doesn't feel like it's a soliddoor.
Introduction (18:07):
Okay so.
Desiree Williams (18:08):
But when you, when you take a regular door and
you just wobble it and kind ofshake the door by the handle and
just Move it back and forthlike open, close, open, close,
like moving really fast back andforth, if it feels solid you're
going to know the difference,and when it doesn't feel that
way, you really going to knowthat something is wrong with the
door.
Jacquelyn Jackson (18:24):
Okay, I got you and that is some wonderful
advice, because we have peoplethat are beginning out to be
real estate investors and andthese are little bitty things
they don't look at, but you know, to actually replace all the
doors and a window in a house,that's a budget that if you
don't right and if you don'talready have that budget, it
(18:45):
it's hard, it's very, very hardto do.
So that's why we was so excitedabout you coming to our show,
because you are a builderinspector and these are the
small things people don't thinkabout, even when they're
purchasing their home forthemselves or they do it as
investment property.
They don't look at all of that.
Now, something you mentioned tous before, where you talked
about, I guess, as the kickboard, you say something again,
(19:08):
something simple we can do.
So we want to know what is that.
When you say do the kickboard,you call it something, but I
definitely want to talk aboutthat it's a toe kick.
Desiree Williams (19:15):
It's basically the the four inch trim that's
under the cabinets, that holdthe cabinets off of the floor.
Jacquelyn Jackson (19:20):
Okay, okay.
Desiree Williams (19:21):
So usually when you have water damage,
water runs down because ofgravity.
Smoke runs up.
So I always tell, like all ofmy inspectors I have a team of
17 inspectors Um, that I manageand I always tell them you need
to look up.
It's because smoke rises.
You can see when nails pop andwhen you have a nail pop, a nail
pop through the paint, it'slike a little Pimple or bubble,
(19:44):
like a little bump in the paint.
You'll see that nails popped,which means it got hot enough.
The nails kind of poppedthrough the paint.
Um, and if you are looking downlow enough, you can see where
water ran down.
The toe kicks will get messedup.
The side of the cabinets aremessed up.
Look inside the cabinets.
It's always look inside thecabinets, under the sink, close
to the dishwasher, and that'swhere your damages are actually
(20:05):
going to be at right now.
Jacquelyn Jackson (20:07):
You know I've noticed some home that we
looked at for is our real estateinvesting company that it
actually had like mildew underthe sink.
We could smell it mildewy.
And then you know my contractorcause.
He said there's a leaksomewhere, been a leak somewhere
.
Desiree Williams (20:20):
You know, and then you usually have microbial
growth, which is mold thatpeople don't like to say.
So we usually use microbialgrowth and it's going to be in
the wall, but you got to takethe cabinets off to even get to
it and fix it.
Jacquelyn Jackson (20:30):
Wow, right, see that that's money, that's
money.
So basically, that's what we'resaying.
Okay, so let me ask you thisthen so what is talking about
the inspection, how important itis?
What would be your topInspection advice you can give
to our listeners?
What would be one of your top?
Desiree Williams (20:48):
my one top is look for DIY and home editions,
because everybody is out therewatching every social media
channel that there is and comingup with all kind of DIY
do-it-yourself projects in theirhome and Everybody don't know
what they're doing.
Jacquelyn Jackson (21:07):
Okay, wonder what you're gonna say.
That part Okay.
Desiree Williams (21:10):
Everybody don't know what they're doing.
I've had.
Actually, I went and walked thehouse last week and I noticed
about 24 different light Canlights that I knew didn't come
at the house because of a coupledifferent reasons I don't go
get into because you actuallyhave to see the pictures but
they have so much additionalelectrical In that house so I
(21:31):
went to the service panel,opened up the electrical panel,
looked in it.
They didn't add any new fuses,which means they actually Tie
them in to electrical less closeto where but they were tying it
in that which that could be afire hazard.
It can be an overload.
It can, you know?
Pop your breakers and it keepstripping your breakers.
You have a lot of electricalissues and the last thing you
(21:52):
want is to have to spend $10,000for an ibuprofen for an
electrician to come and figureout what somebody did wrong in
that house right, that's the onething, man.
Electric electricians hate that.
Plumbers, you want to look atthe plumbing?
Also, look at the angle stopswhich are under the sink where
you you could turn the water onand off to get to any faucet or
(22:14):
the toilet.
Okay sometimes they have themsome that look like a circle and
then they call it push, pullOkay push it in or see it out
those.
Actually, if you have those inyour house, I suggest,
especially for an investmentproperty, just change them out,
because those those are moresusceptible to leaking.
Then the quarter turns, whichare the ones that look like a Uh
(22:36):
uh, like a oval shape, and youcould turn it halfway and then
turn it back to turn it on andoff.
Right, you want those becausethose are a lot more secure and
create less leaks.
Jacquelyn Jackson (22:47):
Okay, so that's a great suggestion that
you're giving everyone you knowfor their homes to actually look
at that and upgrade that ifthey need to, and it's something
that's a small amount comparedto what it could turn into if
you don't do it, if I'm correct.
So, that's what we want to do.
So, basically what we're sayinglike today and what's so good,
that we'll be offeringsuggestions from our inspectors
(23:09):
our building inspector yourselfthat'll be basically in our
Facebook group, because TDJequity funding insiders have a
Facebook group and we putinformation in there as well as
ask question answer questionsthat people have as well.
So we definitely want to inviteour listeners to go there and
we'll get more information fromDesiree to actually let us know
some tips that we can actuallyhave.
(23:29):
So we'll try to give those tothem as well.
Because, again, you're out hereand people think they're by
themselves and they're not,because when you come to buy
your home, you have the realtorthat works for the buyer, you
have the realtor that works foryou, you know, or the seller,
and sometimes they may not lookout for you.
So we try to give peopleinformation where you can look
out for yourself and that's whatI want to appreciate you coming
(23:50):
in.
So, to wrap everything up, ifyou would, what is something
that you definitely would liketo say, some advice that you'd
like to give everybody on aconclusion of our show today?
Desiree Williams (24:03):
Make sure that , if you don't know, just
research it.
It is so much information outthere.
Take your emotions and showyour emotions, because you can
get emotionally attached to thenewness of something that's
coming or the fact that I'm aninvestor and I'm doing all these
things and you're feeling greatabout it and you want to go and
purchase a lot of houses andthat's great.
(24:24):
But you really want to justremove your emotions and look at
what you're doing.
And I know you did mentioncommercial, the biggest thing, a
commercial you want to makesure that there is the fire stop
in the fire cocking, because ifsomebody else is you and it
catches on fire and it's not,you know the fire, it cooking
and the fire dampers and allthat is not up to cold and
(24:45):
something is wrong with it.
You're going to actually createa loss of your own.
You know you don't want to dothat.
You want to protect yourself,your building, yours, your, your
space from everybody else'sspace.
Right when you're, when you'retalking about commercially, you
want to make sure you're lookingat all the like, the HVACs, the
structures.
You want to look at all ofthose things in commercial but
(25:06):
also in residential.
You want to look at thestructural too, because people
go in there and add on a sectionto the house or to whatever
unit, and they did it on theirown and they also damaged the
integrity of that house.
Jacquelyn Jackson (25:19):
Exactly and you don't know, and that is so
true.
And I mean honestly, like I said, commercial is something we do
want to talk about, which I tellmost of my guests anyway, that
we definitely going to have tohave you to come back, because
we can't cover everything, butwe definitely.
That is definitely somethingmore that we can talk on.
So we do want you to come backand you will be coming back
sometime where you can kind ofdiscuss a little bit more with
(25:40):
that with us.
But in the meantime, we do wantto thank you for coming out to
talk to us today and giving ussome insights and we want to
welcome you to come back with usas well, like I said, and so if
it's any kind of question thatyou all have, we want to, like I
said, let's thank you first forcoming.
Thank you, thank you, thank you, my pleasure, ok, and so if
(26:01):
it's any questions that thelisteners have or anything like
that, you know you can email usat podcast,
tdjequeryfundinginsidersnet, andwe'll make sure that we get
those questions over to MsDesiree and she's welcome to you
, like I said, to kind of answersome questions, to kind of
guide you guys as well.
But in the meantime, we want tothank you all for coming to our
(26:21):
show today.
We ask that you guys take careand until next time we'll see
you later.
Introduction (26:27):
We hope you enjoyed this episode of TDJ
Equity Funding Insiders podcast.
If you'd like to be a guest orget in touch with us, please
visit our website attdjequeryllcnet, forward slash
podcast or email us at podcastat tdjequeryfundinginsidersnet.
Until next time, take care.
Ready to get the inside scoop on equity funding?
Tune in to TDJ Equity FundingInsiders podcast for an in-depth
look at what it takes to accessfinancial capital and maximize
your investments, fromexperienced professionals,
including bankers, underwriters,loan officers and industry
(00:35):
experts, as they share theirunfiltered stories and valuable
lessons on securing funds.
Jacquelyn Jackson (00:47):
Hello everyone and welcome to TDJ
Equity Funding Insiders podcast.
I'm Jacqueline Jackson, your cohost for today, and today we
have another co-host guest,which is Desiree Williams.
She's a building inspector fromNevada.
What we've found out, and Ifeel as loan brokers, is that a
lot of time, people are notprepared to really go out to
(01:09):
funding.
So what we do is try to bringpeople in.
They can add some insight thatcan actually help us getting
funding better.
But today we have a specialguest because she's actually
talking about the propertyitself and what you need to do
is for is when you're looking atit to be inspected, when you're
looking for it to be inspected,you have some things that you
need to look out, look as wellas a potential buyer or the
(01:32):
rehabber, basically what that is.
So if we could, let's welcomeour guest today, desiree
Williams, to our show.
Welcome to our show, desiree.
We appreciate you being heretoday.
Desiree Williams (01:43):
Hey, thank you for having me.
I am enjoying being here.
I love sharing the information.
Jacquelyn Jackson (01:49):
And I know from time that we've talked and
spoke before.
You have a lot of information,so let's start out today with
your discussion One.
Tell us about yourself and thentell us about what you actually
do as well.
Desiree Williams (02:02):
I am a building inspector regional
building inspector for a majorinvestment company right now.
So I do a lot of the WestDallas area actually the whole
Texas Denver, salt Lake and I doventure into East Coast and the
central markets as well, justso I can expand my knowledge.
I've been a building inspector.
(02:24):
I got my degree as a buildinginspector out here at college,
so I do that.
I'm also BPI certified forenergy sustainability and I also
am infrared certified so Icould look at different
mechanical devices to see ifsomething is going to fail, like
fuses, motors and things ofthat nature.
Jacquelyn Jackson (02:41):
So I've been dabbling in inspection in every
area in inspection for the last20 years, 20 years so you come
to us with a lot of experience,and so what we want on this show
today is actually we talk tobusiness owners and real estate
investors, so I know yours isgoing to be your topic today.
It'll be more catered to ourreal estate investors that are
looking at purchasing homes aswell, as we have an audience of
(03:05):
people they're looking at to buyand purchase homes as well for
themselves.
So that's why our team wasreally excited about you coming
on today, because you couldactually get some in light.
So, with that said, let's startoff with our first questions
that we have, which is with yourassociation with the funding
industry, because you actuallyhelp people to purchase things
or whatever.
However, we're asking you howdoes your expertise help with
(03:29):
people getting funding and whydoes your expertise help?
Desiree Williams (03:34):
It helps with getting funding because when
you're looking at a property,you at least know your price
point and when you're going into do an inspection on a home or
to look at the house, you willknow if that house is actually
going to be feasible for you orif there's some things that you
can deal with and you can usethose as bargaining tools for
the price of that house and youcan negotiate the price on the
house.
(03:54):
So you need to know what you'relooking at so you can actually
know how to negotiate.
When you're going to lending,or if you're talking to an
orilliter, or if you're talkingeven to an adjuster, they at
least know that you know whatyou're talking about so they
don't try to give you the youknow the little off one off and
think that you don't know if,when you actually know what
(04:16):
you're speaking about, theyactually talk to you like you
understand what you're speakingabout and actually give you more
information than giving youless.
Jacquelyn Jackson (04:24):
Okay, so tell us what is it that I should
look at if I want to purchase ahouse.
What are some things?
As building inspectors, as Iexpect, I know we're not
building inspectors, you guysare but as a buyer, what is it
that I need to be looking forwhen I get ready to purchase
property?
What are some of the mainthings you see that I need to
watch for?
Desiree Williams (04:45):
one.
You want to look for location.
You want to make sure thatyou're in the right location,
depending on the walkability, ifthat's important to you as far
as schools, shopping areas,things of that nature that's
close to you there.
You also want to look at theroofing.
The roofing on the house isreally important because those
are high ticket items.
So a lot of the high ticketitems are really what you want
to focus on, which is for Dallasand Texas area.
(05:08):
The foundation is really big outthere because of the fact that
the soil is so soft.
You want to really check thefoundation.
You want to check the roof, youwant to check your assets,
which I call your HVAC system,the condenser, the air handler,
you want to check the waterheater and you also want to
check the appliances inside thehome.
But definitely the foundationis the big one.
(05:29):
It's a big ticket item.
A lot of people kind of slidethat through, but you can spend
anywhere from 10 to 40 thousanddollars just to fix the
foundation.
So you want to look at that aswell as the roofing.
That can anywhere run you fromeight to 12 thousand even more
just just for your roofing.
So if your roof is damaged,your foundation is damaged.
(05:50):
You really are looking at areally high ticket item without
even getting inside the house tosee if it needs paint flooring.
If you're looking at thekitchens and bathrooms or your
high ticket dollar items, doesit have water damage?
What are you actually replacingis the plumbing bed and you're
messing with the foundation.
You're actually going to bemessing with the plumbing,
depending on what kind ofplumbing it is, on the age of
(06:12):
the house.
So the age of the house is thefirst thing you want to look at
to see if there's something thatyou want to get into okay as
well, basically.
Jacquelyn Jackson (06:19):
So, if we're looking at, let's say this, and
I know from us, havingexperience with real estate
investors too, and you know thisas well that one thing a lot of
people think sometime theymight bypass the process of
having it professionallyinspected.
Okay, we do run across whatpeople think oh, I can just go
in there and let me just seewhat I think and feel it and go
from there.
Now, what we want to tell you,because we want to give you the
(06:40):
best information, is that havinga building inspector is
something we see that's reallyimportant, that covers you and
it covers the deal, as itselfbasically does.
But what's important?
That is some things that Ithink that's what you were
saying early.
You need to notice yourself, youneed to look for things
yourself.
So, like you said, thefoundation.
So how is it?
I go in and I look at a houseand can tell just by looking.
(07:02):
Besides, I'm going to read iton a report when, because I'm
going to get an inspector butwhat are some things that give
you indication that something'swrong with that foundation?
Desiree Williams (07:10):
that stands out if you walk around the
outside of the house, you'llstart seeing.
At the, the footing of thehouse, you'll start seeing
cracking.
If you see horizontal cracking,that's really bad because it's
shifting and it's breaking fromthe foundation itself.
But if you see the verticalcracking, there's different
types of cracking.
Yeah, stair step cracking thatgoes up through the brick veneer
on the houses.
But if it's breaking directlythrough the bricks which the
(07:33):
crack is going through, themiddle of the bricks, that's an
indication.
It's a foundation issue.
Then you want to see what isthe width of the crack.
Is it a really fine crack or isit cracked that you could stick
a quarter in?
You stick in quarters in acrack like that.
That's a problem.
So that's your first indication.
Your second indication you'regoing to go in the house and you
want to look at the doors andthe windows.
Do they have vertical crackingfrom the corners of the doors
(07:56):
and the windows?
If so, that's an issue you wantto carry a ball with.
You set the ball on the floor,see if the ball rolls towards
one direction or another.
Then you know that the, thefoundation is really bad,
because now the house isstarting sinking areas and then
you'll also see the foundationcracking under the flooring if
you took the flooring up.
But your key indicators isgoing to be outside of the house
(08:19):
and you want to go inside thehouse and look at the doors and
the windows.
Do the doors close all the way?
Sometimes the doors won't close.
Sometimes they close bythemselves because of the the
gravity is going to pull thedoor closed because of the
sinking in whatever area it'sgoing of the house.
So those are areas that youwant to look forward to make
sure for foundation issues arecracking.
Jacquelyn Jackson (08:39):
If it's really bad, you're going to see
that and you know, just you'resaying that I hadn't thought
about it.
So basically you say, becauseyou know you're going to look at
the house, they have all thedoors open and everything
looking like.
I have never thought aboutpulling each door close just to
see how that and I mean that'ssmart.
So it's things that we can doas consumers.
We don't have to have theprofessionalism for the license
(09:00):
or whatever it's as the builder,but it's some things we can
come in and do ourselves, whichI think, like you said, the ball
.
So if you're looking at housesor looking at property, take a
ball, which we say like a tennisball or something like that it
could be any ball smooth rollingball, tennis ball.
Desiree Williams (09:13):
It could be like those little blue balls I
forgot what they call them withthe which game it's for but just
get you a ball and then itcould be a.
It could be a.
It could be just like akickball or anything like.
You just want to sit on thefloor and see if it just starts
to roll in one direction byitself because it's not supposed
to roll right.
Jacquelyn Jackson (09:30):
That's what you're saying.
Desiree Williams (09:31):
No, it's not supposed to roll you don't want
to roll it and then starthitting walls because it's
rolling like that.
Okay, you know what?
There's a problem over hereright whatever direction the
ball is rolling.
Look at the windows and doorsin that area or close to that
area, because that's going to bethe side of the house that's
going to actually give you thatindication.
Jacquelyn Jackson (09:50):
Right, that's that problem and I know you're
right, it is money.
I've had it where we haveinvestors.
When you go into a property andeverything is good, and you
find out later that there's abig foundation problem, and when
I tell you, eating up yourbudget instantly because you
have to take care of it, I meanbecause you're going to have
inspection.
So you're stuck with it andyou're the one that got to
(10:11):
repair it.
So that's where it's reallyimportant even to do those
preliminaries that you have.
Whether you're a homeowner orreal estate investor, you're
still going to be responsive,correct, we still going to be
responsible for it.
Desiree Williams (10:22):
So now if you're purchasing in the West
and I'm not talking aboutCalifornia West, like Arizona,
nevada, one of those states theydon't have foundation issues.
So because the ground is a lotharder and it's not, it doesn't
rain a lot out in those areas,so you don't have those
foundation issues.
Okay, so just keep that in mindtoo.
If you're purchasing and you'relooking for real properties
(10:42):
that you want to have with lessissues, you got to want to look
at either a new house in theMidwest and, like this, East
Coast.
But if you're coming to theWest Coast, you won't have those
issues unless you hitCalifornia.
Jacquelyn Jackson (10:52):
Right, and on that let's say something,
because I know you and I havetalked before.
There's one thing that'simportant about people
purchasing property in differentcities that they're not
familiar with you had mentioned.
I definitely want you to talkon it.
Where you have, the areas aredifferent as far as how they
affect the homes, and I thinkyou said you need to figure out
how that is affecting that home.
(11:13):
What's going on in that area?
Am I correct?
So if you could talk a littlebit more like that, I definitely
think that's something good Ilisteners should hear.
Desiree Williams (11:19):
Okay, so like, let's say, you're purchasing in
Arizona, nevada.
They don't use veneer, theydon't use like the brick veneer,
they don't use siding, theydon't use like shingles as much,
they use tile roofing and thenthey use stucco.
And you want to watch thestucco because a lot of times
when the builders are buildingin those areas like that and
(11:40):
they're they're tacking in ornailing in the stucco, the
chicken wire in the phone forthe stucco, they also hit pipes.
So you have the pecs or the PVCand they hit in those pipes.
It's going to cause a littlewater leak or you have those
leaks in your wall and you won'tfind out two years later and
that's something is really hardto look for and you really can't
just like check for it.
But you want to look at thestucco to see if it's changing
(12:02):
different colors.
You could tell that underneaththat it's wet.
If you're looking on the otherside of the wall, you might see
a little discoloration in thepaint, which didn't also the
indication that something is wetbehind that wall.
Jacquelyn Jackson (12:15):
Oh wow.
So let me ask you this Will Iget that on my report from my
builder inspector, you thinkfrom the home inspector?
Would that be something we willsee?
No, it won't be.
Desiree Williams (12:25):
It will be it depends on the home inspector.
All of them are different.
I've actually hired some homeinspectors to do due diligence
inspections, which is forinvestors.
Okay, they are two differenttypes of inspections.
You have a home inspector whichpretty much, they're going to
be siding with the realtor andbroker to make sure that they
can sell the house, so they maynot disclose every single thing
(12:45):
to you, because if they do toomuch, you may not purchase the
house and they lose to sell.
Jacquelyn Jackson (12:50):
Or I want to discount, I want more money,
right, right.
Desiree Williams (12:54):
But if you're out there and you and you're an
investor, like most of you are,you get a due diligence
inspector to do.
Diligence inspectors going togo.
They want to tear that house upto find every inconsistency or
something wrong with that house,to make sure you know
everything, or even commercialproperty.
You want to know everythingthat's wrong with the property
so you'll know how much moneyyou need to invest.
It's not even going to be justas far as you going in to do the
(13:18):
improvement or the tenantimprovement, the TI on it or the
remodel on it.
You want to know before youstart renovations.
This is my renovation cost.
But you don't want to have a lotof unforeseen where they missed
a lot of things, because nowthat's going to not only eat up
your budget, but now you got totry to figure out how to flip
this house.
If you're going to flip it orget rid of it, you got to figure
(13:39):
out how to flip it and stillmake a profit.
And if you're going to have atenant in there, what are those
tenants going to be complainingabout once they get in that
house?
Because if they have a lot ofmaintenance issues and
complaints, you're going toactually lose your tenants and
you want the longevity of yourtenants to be in those
properties.
You don't want them there forone lease term, you want them
there for multiple terms.
You want them there for thelong term.
Jacquelyn Jackson (14:00):
Okay, so we definitely want to do that.
So if we're looking indifferent areas, where could I
go and ask the questions aboutthe climax, I guess, or the
environment, or where I can tell, like I'm here in Texas and I
know you're in Nevada but I wantto buy a house in California, I
might want to check to see howthat you know how the houses are
and what they go by compared toFlorida.
(14:21):
Where would I go to find thatout?
You can Google it.
Desiree Williams (14:24):
I mean it's full of information right, you
can go and you can Google theareas.
I've done a lot of searches onCalifornia because I was going
to move to California at onepoint in time and there's a lot
of information on YouTube thatyou can get just Googling it.
Jacquelyn Jackson (14:39):
So what do we say when you say Google it?
What do I say to Google to getit started?
What do you suggest?
Desiree Williams (14:45):
Like where is the?
I like I'll do a search justrandom shirts on what is the
best areas to buy in California.
What are the most issues withhouses in California?
What should I look out for forhouse home purchases in
California?
So when you start looking forCalifornia home purchases issues
, it's going to do an algorithmon there to give you a like a
(15:06):
lot of the issues that they'vebeen having in that area.
Jacquelyn Jackson (15:08):
Okay, so we can do a lot of homework or do
diligence before, as well ashaving inspectors, which I think
, like I knew home buyers andyou and I again had talked about
this that when people are newhome, they're only looking at
what's good about everything.
I'm going to give me a house,I'm going to give me a house,
and they don't understand onceyou get that house, whatever
problems it have, you have meritthose problems and they are
(15:30):
yours.
So that's something I think,what you're saying, and we want
our people that's actuallylooking at getting homes, or
those who probably already havethem to for your next one that
you will actually take a payattention at, especially as
investors right, they need topay attention to that.
Desiree Williams (15:45):
Because even new houses have issues.
And the reason why they'rehaving issues is because of the
fact that the employment marketis a little sketchy.
Okay, so there's not a lot ofpeople working, so their crews
are thin and they're stillpushing because they buy these
houses, they buy the land forthose houses for years out, so
they have to finish those houses.
(16:05):
Because of utility easementsthey have to finish them.
So a lot of them they'reputting them up super quick.
I've seen a lot of it in Dallas, san Antonio, houston, austin,
even where they are actuallybrand new houses with issues
Nevada.
I've seen issues out here.
Matter of fact, a friend ofmine.
She didn't get an inspector andI was traveling I travel like
(16:27):
almost like every week so she Iwasn't here available for her,
but she ended up having a can inher plumbing for her washer.
So when she actually startedthe washer it backed up and
flooded her downstairs of herbrand new townhouse.
Jacquelyn Jackson (16:41):
Oh my goodness, a can.
Desiree Williams (16:43):
A can was in the plumbing and she didn't know
, so she went in and you getexcited when you get a new house
.
She's like I got a brand newhouse, it's mine, I can do all
these things to it, but I'veactually walked in brand new
houses where the walls weremessed up and needed to be fixed
, where the cabinets wereswinging on the wall, they're
loose, they didn't haveeverything put in, they didn't
(17:06):
complete the plumbing or theydidn't have the inspections.
And when you're going for a newhouse you want to make sure
that they have those inspectionscompleted before you actually
do your orientation for yourhouse.
Once you do the homeorientation, where they can
explain the house to you, go andtear that house up, go and move
stuff, open windows.
I've had houses brand newhouses where I've had to have
(17:27):
the builder change out thewindows because the seals were
broken.
I've had to change out brand newdoors because they were cracked
and all you could do is youcould take a door handle and
shake the door and you can feelthe difference between a door
with no issues.
When did a door with issues?
So you have to be a genius tolike check the doors and the
windows and things like that.
But those are issues.
Jacquelyn Jackson (17:48):
So basically, when you say, like I'm shaking
a door, if I shake the door andwhat it moves, that's a problem
or what I'm looking for, You'regoing to feel it feels odd, like
I understand.
Desiree Williams (17:58):
I know how it feels because I've been doing it
so much.
But when you shake the door itfeels like something is loose or
doesn't feel like it's a soliddoor.
Introduction (18:07):
Okay so.
Desiree Williams (18:08):
But when you, when you take a regular door and
you just wobble it and kind ofshake the door by the handle and
just Move it back and forthlike open, close, open, close,
like moving really fast back andforth, if it feels solid you're
going to know the difference,and when it doesn't feel that
way, you really going to knowthat something is wrong with the
door.
Jacquelyn Jackson (18:24):
Okay, I got you and that is some wonderful
advice, because we have peoplethat are beginning out to be
real estate investors and andthese are little bitty things
they don't look at, but you know, to actually replace all the
doors and a window in a house,that's a budget that if you
don't right and if you don'talready have that budget, it
(18:45):
it's hard, it's very, very hardto do.
So that's why we was so excitedabout you coming to our show,
because you are a builderinspector and these are the
small things people don't thinkabout, even when they're
purchasing their home forthemselves or they do it as
investment property.
They don't look at all of that.
Now, something you mentioned tous before, where you talked
about, I guess, as the kickboard, you say something again,
(19:08):
something simple we can do.
So we want to know what is that.
When you say do the kickboard,you call it something, but I
definitely want to talk aboutthat it's a toe kick.
Desiree Williams (19:15):
It's basically the the four inch trim that's
under the cabinets, that holdthe cabinets off of the floor.
Jacquelyn Jackson (19:20):
Okay, okay.
Desiree Williams (19:21):
So usually when you have water damage,
water runs down because ofgravity.
Smoke runs up.
So I always tell, like all ofmy inspectors I have a team of
17 inspectors Um, that I manageand I always tell them you need
to look up.
It's because smoke rises.
You can see when nails pop andwhen you have a nail pop, a nail
pop through the paint, it'slike a little Pimple or bubble,
(19:44):
like a little bump in the paint.
You'll see that nails popped,which means it got hot enough.
The nails kind of poppedthrough the paint.
Um, and if you are looking downlow enough, you can see where
water ran down.
The toe kicks will get messedup.
The side of the cabinets aremessed up.
Look inside the cabinets.
It's always look inside thecabinets, under the sink, close
to the dishwasher, and that'swhere your damages are actually
(20:05):
going to be at right now.
Jacquelyn Jackson (20:07):
You know I've noticed some home that we
looked at for is our real estateinvesting company that it
actually had like mildew underthe sink.
We could smell it mildewy.
And then you know my contractorcause.
He said there's a leaksomewhere, been a leak somewhere
.
Desiree Williams (20:20):
You know, and then you usually have microbial
growth, which is mold thatpeople don't like to say.
So we usually use microbialgrowth and it's going to be in
the wall, but you got to takethe cabinets off to even get to
it and fix it.
Jacquelyn Jackson (20:30):
Wow, right, see that that's money, that's
money.
So basically, that's what we'resaying.
Okay, so let me ask you thisthen so what is talking about
the inspection, how important itis?
What would be your topInspection advice you can give
to our listeners?
What would be one of your top?
Desiree Williams (20:48):
my one top is look for DIY and home editions,
because everybody is out therewatching every social media
channel that there is and comingup with all kind of DIY
do-it-yourself projects in theirhome and Everybody don't know
what they're doing.
Jacquelyn Jackson (21:07):
Okay, wonder what you're gonna say.
That part Okay.
Desiree Williams (21:10):
Everybody don't know what they're doing.
I've had.
Actually, I went and walked thehouse last week and I noticed
about 24 different light Canlights that I knew didn't come
at the house because of a coupledifferent reasons I don't go
get into because you actuallyhave to see the pictures but
they have so much additionalelectrical In that house so I
(21:31):
went to the service panel,opened up the electrical panel,
looked in it.
They didn't add any new fuses,which means they actually Tie
them in to electrical less closeto where but they were tying it
in that which that could be afire hazard.
It can be an overload.
It can, you know?
Pop your breakers and it keepstripping your breakers.
You have a lot of electricalissues and the last thing you
(21:52):
want is to have to spend $10,000for an ibuprofen for an
electrician to come and figureout what somebody did wrong in
that house right, that's the onething, man.
Electric electricians hate that.
Plumbers, you want to look atthe plumbing?
Also, look at the angle stopswhich are under the sink where
you you could turn the water onand off to get to any faucet or
(22:14):
the toilet.
Okay sometimes they have themsome that look like a circle and
then they call it push, pullOkay push it in or see it out
those.
Actually, if you have those inyour house, I suggest,
especially for an investmentproperty, just change them out,
because those those are moresusceptible to leaking.
Then the quarter turns, whichare the ones that look like a Uh
(22:36):
uh, like a oval shape, and youcould turn it halfway and then
turn it back to turn it on andoff.
Right, you want those becausethose are a lot more secure and
create less leaks.
Jacquelyn Jackson (22:47):
Okay, so that's a great suggestion that
you're giving everyone you knowfor their homes to actually look
at that and upgrade that ifthey need to, and it's something
that's a small amount comparedto what it could turn into if
you don't do it, if I'm correct.
So, that's what we want to do.
So, basically what we're sayinglike today and what's so good,
that we'll be offeringsuggestions from our inspectors
(23:09):
our building inspector yourselfthat'll be basically in our
Facebook group, because TDJequity funding insiders have a
Facebook group and we putinformation in there as well as
ask question answer questionsthat people have as well.
So we definitely want to inviteour listeners to go there and
we'll get more information fromDesiree to actually let us know
some tips that we can actuallyhave.
(23:29):
So we'll try to give those tothem as well.
Because, again, you're out hereand people think they're by
themselves and they're not,because when you come to buy
your home, you have the realtorthat works for the buyer, you
have the realtor that works foryou, you know, or the seller,
and sometimes they may not lookout for you.
So we try to give peopleinformation where you can look
out for yourself and that's whatI want to appreciate you coming
(23:50):
in.
So, to wrap everything up, ifyou would, what is something
that you definitely would liketo say, some advice that you'd
like to give everybody on aconclusion of our show today?
Desiree Williams (24:03):
Make sure that , if you don't know, just
research it.
It is so much information outthere.
Take your emotions and showyour emotions, because you can
get emotionally attached to thenewness of something that's
coming or the fact that I'm aninvestor and I'm doing all these
things and you're feeling greatabout it and you want to go and
purchase a lot of houses andthat's great.
(24:24):
But you really want to justremove your emotions and look at
what you're doing.
And I know you did mentioncommercial, the biggest thing, a
commercial you want to makesure that there is the fire stop
in the fire cocking, because ifsomebody else is you and it
catches on fire and it's not,you know the fire, it cooking
and the fire dampers and allthat is not up to cold and
(24:45):
something is wrong with it.
You're going to actually createa loss of your own.
You know you don't want to dothat.
You want to protect yourself,your building, yours, your, your
space from everybody else'sspace.
Right when you're, when you'retalking about commercially, you
want to make sure you're lookingat all the like, the HVACs, the
structures.
You want to look at all ofthose things in commercial but
(25:06):
also in residential.
You want to look at thestructural too, because people
go in there and add on a sectionto the house or to whatever
unit, and they did it on theirown and they also damaged the
integrity of that house.
Jacquelyn Jackson (25:19):
Exactly and you don't know, and that is so
true.
And I mean honestly, like I said, commercial is something we do
want to talk about, which I tellmost of my guests anyway, that
we definitely going to have tohave you to come back, because
we can't cover everything, butwe definitely.
That is definitely somethingmore that we can talk on.
So we do want you to come backand you will be coming back
sometime where you can kind ofdiscuss a little bit more with
(25:40):
that with us.
But in the meantime, we do wantto thank you for coming out to
talk to us today and giving ussome insights and we want to
welcome you to come back with usas well, like I said, and so if
it's any kind of question thatyou all have, we want to, like I
said, let's thank you first forcoming.
Thank you, thank you, thank you, my pleasure, ok, and so if
(26:01):
it's any questions that thelisteners have or anything like
that, you know you can email usat podcast,
tdjequeryfundinginsidersnet, andwe'll make sure that we get
those questions over to MsDesiree and she's welcome to you
, like I said, to kind of answersome questions, to kind of
guide you guys as well.
But in the meantime, we want tothank you all for coming to our
(26:21):
show today.
We ask that you guys take careand until next time we'll see
you later.
Introduction (26:27):
We hope you enjoyed this episode of TDJ
Equity Funding Insiders podcast.
If you'd like to be a guest orget in touch with us, please
visit our website attdjequeryllcnet, forward slash
podcast or email us at podcastat tdjequeryfundinginsidersnet.
Until next time, take care.
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