THE ISAACS TEAM
DC THIRD PARTY INSPECTIONS
What are DC third party inspections, who gets them, and how?.
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DC THIRD PARTY INSPECTIONS
What Is A Third Party Inspection?
A Third-Party Inspector is person (or company) retained by a permit applicant or holder to provide code compliance plan reviews or inspections of a District of Columbia building project, in accordance with procedures of construction codes and the Third Party Program Procedure Manual.
The program was created to establish and review provider qualifications increase oversight of approved third-party agencies.
The program manual (adopted November 6, 2017, and revised December 7, 2018) outlines qualifications required for approval by the DOB (see Sections 6-1405.02 and 6-1405.04 of Title 6 of the DC Official Code).
Who Pays For Third Party Inspections?
Third party inspections are contracted at the expense of the applicant or the permit holder, allowing the applicant to chose the inspector or company, and dictate the schedule.
DOB construction inspections, by contrast, are included in the price of the permit fee. The DOB states that their Inspections can be scheduled within two (2) weeks. DOB inspectors are certified and approved. An inspector is assigned, not chosen by the applicant.
Third Party Inspection Resources
TERTIUS is the online platform created by the DOB for use in selecting and contracting with approved District of Columbia third party inspectors.
Your Washington DC Real Estate Investment Compass
Buy & Hold
A long-term investment strategy primarily focused on value appreciation. The investor purchases a property and rents it for an extended period of time, often 5-10 years.
Fits Classification:
- All types
House Hack
Generate income from your personal residence. Live in one portion and rent the rest, either short-term or long-term. Ideally, tenants cover the mortgage, owner builds equity.
Fits Classifications:
- One Family Rental
- Shared One Family
- 2 Family Rental
- 3+ Family Rental
Fix & Flip
Purchase below-market priced property requiring updates, renovation or remodeling. Do the work and resell at market rate.
Fits Classifications:
- All types
Multifamily
Multifamily properties such as apartment buildings, 2-4 unit boutique rental properties, or duplexes offer multiple spaces for rent and thereby boost net operating income and cash flow. These properties can also realize outstanding equity build, if properly maintained and managed.
Fits Classification:
- Multifamily
DC REAL ESTATE INVESTMENT
Start With The Basics
Whether you’re investing in DC real estatae as a side hustle or full-time business, understanding the local real estate market and fundamentals is key.
How We Help
- Guidance and education
- Off-market opportunities
- Skill, expertise and experience
Assembling A Team
Having a team of professionals in place will ease acquisition and managment of your investment portfolio.
Your Realtor, lenders, property manager, contractors and vendors functioning as a team can identify opportunities, speed transitions, address issues, and increase profitability.
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