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The Moonlight Real Estate Side Hustles and Syndications Show
We show working professionals and busy people how to invest in real estate as a side hustle or a full-time business. We interview guests who have successfully started real estate businesses part-time and have turned them into full-time enterprises, or have generated passive income for themselves. This show will also demonstrate how to invest in real estate with low or no money. You will learn how to achieve success in various niches within real estate, including wholesaling, fix and flip, BRRR (Buy, Rehab, Rent, Refinance), and syndicating commercial real estate.
The Moonlight Real Estate Side Hustles and Syndications Show
HOW TO IDENTIFY FOUNDATION ISSUES ON A SINGLEโFAMILY RESIDENTIAL PROPERTY w/ RK โTHE DIRT WHISPERERโ BOB BROWN
"Diagnose Foundation Repairs Right"
Flippers, landlords โ foundation mistakes can vaporize your profits! ๐ฅ๐ธ Before you swing a hammer, get the diagnosis right. ๐ฉบ๐๏ธ
๐ง ๐ฌ STEP 1: Start with a Licensed Forensic Geotechnical Engineer
A residential soil & movement specialist should be brought in before any foundation repair bids.
Engineers diagnose the root cause under the slab ๐ณ๏ธ๐งญ; repair companies price the fix after the cause is known ๐ฏ๐ทโโ๏ธ.
๐ค WHO IS RK BOB BROWN? ๐ค ๐งฑ
๐ Architecture + Finance grad (Arizona State)
๐ ๏ธ 35+ years in foundation diagnostics & repair
๐โ ๏ธ FOUNDATION CLAUSE = DEAL SAVER ๐๏ธ๐๏ธ
Bob once bought a house sight-unseen. Years later: 19 piers needed ๐ฑ๐ธ
His #1 contract clause:
๐ If the inspector flags a foundation issue, the buyer gets an automatic extension โณ to hire a Forensic Geotechnical Engineer and renegotiate before closing. ๐งโ๐ฌ๐ฌ
๐ SPOTTING REAL MOVEMENT ๐๐ช๐ช
Hairline cracks? Normal.
๐ช Pinched doors, uneven gaps, and sticky windows = red flags.
A truss roof with interior cracks but no exterior ones? May indicate slab heave โฌ๏ธ, not footing failure.
๐ก Soil affects structure more than structure affects soil.
๐ WHY YOU CALL THE ENGINEER FIRST ๐ฅ
Most foundation repair reps work on 100% commission ๐ฏ๐ผ
Bob added a forensic division to his own company to combat inflated bids. ๐ ๏ธโ๏ธ
Hire a neutral, licensed engineer ๐ฌ๐
๐ Get free guides (15 Myths โ, 10 Mistakes โ ๏ธ) + a starter engineer list at https://lnkd.in/ggmDifzF ๐๐
๐ง๏ธ๐ง SETTLEMENT vs. HEAVE = WATER RULES ๐๐ฐ
โฌ๏ธ Settlement: Soil shrinks โ Structure drops โ Solution = Piers ๐ณ๏ธ๐
โฌ๏ธ Heave: Soil swells โ Slab rises โ Solution = Moisture control ๐งโ๏ธ
๐ก Tips:
In dry zones: Extend downspouts ~20 ft ๐ต
In wet clay zones: Maintain consistent moisture ๐ฑ
Never dump water at the footing ๐ฐ๐ฏ
๐ต๐ MODEL COSTS IN YOUR UNDERWRITING ๐งฎ
Steel piers: ~$2,000 each ๐ณ๏ธ๐ฒ
Average spacing: ~8 ft ๐
30-pier run = $60K+ ๐ธ๐ฌ
With foam and finish work = $80Kโ$90K ๐๐ฅ
โ ๏ธ Sometimes it's smarter to drain, patch, and monitor โ๏ธ๐ ๏ธ๐
๐ข๐ BIG vs. SMALL FOUNDATION COMPANIES ๐ค
Big companies = Systems & warranties ๐ญ๐
Small companies = Flexibility & personal touch ๐งโ๐ง๐ค
๐ก Equalizer tip: Have an engineer-written scope of work so all bids are apples-to-apples โ ๐
โ ๐งฐ FIELD CHECKLIST (PRINT THIS!) ๐๏ธ๐ต๏ธ
โ Open every door and window ๐ช๐ช
โ Photograph recurring cracks ๐ธ๐งฑ
โ Use a golf ball or level to check slopes โณ๐
โ Fix drainage or maintain even moisture ๐ง๏ธโก๏ธ
โ Suspect movement? Get a report ๐โณ
โ Estimate pier costs: # of piers ร ~$2K ๐งฎ๐ต