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Actual for You - Becoming A Home Inspector: What the Home Inspection Schools Don't Want You To Know
Career Change“When You’re Grown Up and Still Confused”Career Change is often addressed several times in life; career change to climb the corporate ladder, career change to have more time off, or even career change to go after a dream or passion.When kids can't answer the question, "What do you want to be when you grow up?" we laugh. As grownups, when we can't answer that question, we think, "I’ve got a problem. What's
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck...right?<
Coin counters are machines, sometimes manual, sometimes battery operated and sometimes electrical which sort, count and sometimes wrap hard currency. Coin counters are useful at home for sorting loose change into bankable money.Home currency coin countersIf you traditionally are a coin saver, maybe emptying your change pocket into a jar or bank, or even a box or larger container, you know that the coins become very heavy. They are too heavy
What the Home Inspector schools aren’t telling you
What these schools and the various company’s selling Home Inspection courses won’t tell you is how difficult it is to be successful in this business.
The National school that I attended for my inspector education made it sound so easy to get started. They explained how easy it would be to start doing 1 home inspection a day with little or no effort.
I have many soon-to-be home inspectors email me and call our office asking about the business.
This business is like any other. It takes dedication, strong finances and time to become successful.
Think you’ll get started with no money up front?
Many schools do not tell you about the liability side of the home inspection industry. The home inspection industry is a very high liability profession. Every home you inspect is a potential lawsuit. It doesn’t matter that you may be the most thorough inspector in your area. Inspectors are sued over things that the homeowners thought they should have found whether or not you could see the defect or not. There’s an old saying in this business. “It’s not IF you get sued, but WHEN you get sued.”
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck...right? What Is The Fair Market Value of Your Business? Part 2
Financial Data – What’s Needed?As a general rule, the more financial data that is available, the better. If your accounting system is sophisticated enough to produce internal Balance Sheets and P&L Statements, they are certainly helpful. Of course the best information to use as a basis is the Federal Tax Return, since when these are submitted to the IRS, any and all final adjustments have been made. Also, three to five years of returns will give
What the Home Inspector schools aren’t telling you
What these schools and the various company’s selling Home Inspection courses won’t tell you is how difficult it is to be successful in this business.
The National school that I attended for my inspector education made it sound so easy to get started. They explained how easy it would be to start doing 1 home inspection a day with little or no effort.
I have many soon-to-be home inspectors email me and call our office asking about the business.
This business is like any other. It takes dedication, strong finances and time to become successful.
Think you’ll get started with no money up front?
Many schools do not tell you about the liability side of the home inspection industry. The home inspection industry is a very high liability profession. Every home you inspect is a potential lawsuit. It doesn’t matter that you may be the most thorough inspector in your area. Inspectors are sued over things that the homeowners thought they should have found whether or not you could see the defect or not. There’s an old saying in this business. “It’s not IF you get sued, but WHEN you get sued.”
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck...right?<
In the marketing world, radio has earned the reputation of
being the odd step-cousin. You know the one. No one
knows quite what to do with him. Especially at family
gatherings when everyone tries hard to avoid sitting with
him. (After all, who knows WHAT he'll start talking about.)Much of that reputation comes from radio being tough to
track. On one hand, radio does work. Businesses do notice
an increase in sales when they add radio to
I have many soon-to-be home inspectors email me and call our office asking about the business.
This business is like any other. It takes dedication, strong finances and time to become successful.
Think you’ll get started with no money up front?
Many schools do not tell you about the liability side of the home inspection industry. The home inspection industry is a very high liability profession. Every home you inspect is a potential lawsuit. It doesn’t matter that you may be the most thorough inspector in your area. Inspectors are sued over things that the homeowners thought they should have found whether or not you could see the defect or not. There’s an old saying in this business. “It’s not IF you get sued, but WHEN you get sued.”
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck...right?<
2005 proved to be a very good year for the rental industry. Several
companies showed record earnings and revenues last year. Caterpillar,
H&E, Ingersoll-Rand, and JLG were among the leaders in earnings.Caterpillar, Peoria, IL, had record profits and revenues in the third
quarter. With revenues of $8.98 billion and profit of $667 million both
numbers were up dramatically from the 2004 year. Caterpillar attributed
the growth to strong global
Think you’ll get started with no money up front?
Many schools do not tell you about the liability side of the home inspection industry. The home inspection industry is a very high liability profession. Every home you inspect is a potential lawsuit. It doesn’t matter that you may be the most thorough inspector in your area. Inspectors are sued over things that the homeowners thought they should have found whether or not you could see the defect or not. There’s an old saying in this business. “It’s not IF you get sued, but WHEN you get sued.”
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck...right?<
Charles Macintosh was the man behind origination of raincoats. In 1836, he came up with the method of mixing rubber with fabric which was used for making raincoats. The raincoats were thus named after him and were called Mackintoshes in U.K.The raincoat made during early 20th century were heavy in weight, but by 1940 the lightweight fabrics were been used to manufacture raincoats. Vinyl fabric was used, as this fabric was waterproof in nature and l
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck...right?
Well, here’s more bad news. Like most legitimate businesses, it takes a little more than that.
A new inspector is going to need about $5000 worth of tools just to start.
Then there is about the issue of insurance. Errors & Omissions Insurance will cost a new inspector (if you can even get it) anywhere from $3500 to $5000 per year. Then there’s General Liability Insurance that will run you from $400 to $1500 per year.
In some states, you can’t even get started without this insurance.
Do you have a rainy day fund? I hope so Brother 'cause it will rain on your parade!
Just like any new business, the 1st year will be a rough one. It may take you from anywhere from 6 months to 2 years to get to the point where you’re bringing in a steady income.
Many inspectors came into this business by doing home inspections on the side or part time. That is the approach I would advise any new inspector to take. Don’t quit your day job just yet!
What about the Real Estate Agents?
The schools make it sound like there’s an agent behind every tree just waiting for you. Odds are they have their favorite inspector already and they’re not likely to use a new inspector because they do not know what to expect from you. It will take you many months up to a year or more before you’ll be getting regular referrals from real estate agents. Don’t count on them to feed your family when you first start.
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