What are the biggest risks when dealing with foundation issues, and how can real estate investors avoid expensive problems?
In episode 712, host Taylor Loht sits down with Bob Brown, a foundation repair expert who built a successful foundation repair business and invested in residential and commercial properties along the way. Bob shares how investors can arm themselves with knowledge when dealing with potential foundation issues and foundation contractors. He emphasizes the importance of seeking the advice and guidance of an independent, forensic engineer before approaching contractors. Bob also discusses the various technologies and solutions used in foundation repair, including foam, helical piers, and compaction grouting. Throughout the interview, Bob explains the importance of making informed decisions based on expert advice rather than relying on the opinions of foundation repair salespeople.
[00:00 - 03:51] Understanding the Foundation Repair Industry
[03:52 - 10:43] Diagnosing Foundation Problems Correctly
[10:44 - 13:00] Economic Viability of Foundation Repairs
[13:01 - 22:58] Advanced Foundation Repair Technologies
[22:59 - 26:38] Questions Round
Quotes:
"If you're doing those things and you're not an engineer, you're practicing engineering without a license." - Bob Brown
"Exercise, get the right amount of sleep, and eat right." - Bob Brown
Connect with Bob Brown:
Website: https://foundationrepairsecrets.com/
Apply to Invest with Taylor at www.investwithtaylor.com
Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com
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