Lessons Learned - The Ups & Downs of Inspecting

Inspector Toolbelt Talk

As we continue sipping our drinks with Jay Wynn this week, we dive deep into the cyclical nature of the home inspection industry, discussing the need for financial discipline during slow periods and the high failure rate of home inspectors. We emphasize the importance of finding a balance between slow and busy seasons and the necessity of having enough money to cover six months of operational costs, including wages.
Finally, we express the need for experienced professionals to teach the younger generation interested in the home inspection industry. We touch on the challenges faced by the construction industry due to the lack of skilled labor and share tips on preparing for slow seasons. So grab your favorite drink and join us for an insightful and engaging discussion - you won't want to miss it!

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*The views and opinions expressed in this podcast, and the guests on it, do not necessarily reflect the views and opinions of Inspector Toolbelt and its associates.

Chapters

1. Drinking and Discussing Inspections (00:00:00)

2. Lessons Home Inspectors Forget (00:04:07)

3. Financial Discipline in a Cyclical Industry (00:09:55)

4. The Skilled Labor Shortage in Construction (00:20:55)

5. Preparing for Slow Seasons (00:25:06)

6. Protecting Homebuyers (00:35:42)