Imagine this, you’re out viewing properties, you’re going to view this property, maybe you’re thinking it’ll make a nice flip or perhaps it’s even going to be serviced accommodation or holiday let, I don’t know, it doesn’t really matter.
When we’re viewing properties this is usually what happens. We’ll go to the property, we’ll go in through the front door, we’ll have a look around, we’ll come out of the front door, and then we’ll go home.
But, there’s a much better way that we should be doing it if we are property investors, and I suggest that we should do what I call an inspection.
Now, I’m not saying we do our own survey, but we should do an inspection which means that we’re looking at the property through the eyes of a property investor and not just through the eyes of a potential purchaser.
Let me explain what I mean…
Here’s to Successful Property investing
(ex) Chartered Surveyor, author and property investor
- By the way, I’ve rewritten and updated my best-selling e-book, The Successful Property Renovator’s Workshop, will show you how to organise and undertake your renovations and guarantee yourself a profit every time – based on the more than 100 property renovations I have undertaken over the last 25 years.
For more details please go to:
And, of course, there’s also 63 Common Defects in Investment Property and How to Spot Them, in which I’ll show what to look for when buying a property, and how I inspect my properties to give myself the best possible chance of understanding the structure and any repairs and improvements.