Here’s the big reveal. In this follow up video I’m going to show you what’s wrong with this property.
If you didn’t see the first property you can watch it here
I think it’s going to surprise you. I’ll be honest, it’s not something I would ever have worked out for myself.
So how did I find out?
Simple, I asked the estate agent.
I know that to many of us that’s an obvious thing to do, but not for everyone.
Some of (wrongly in my opinion) think they’ll blow their credibility by showing that kind of vulnerability to an estate similar, when we want them to take us seriously.
I don’t care if they take me seriously or not!
And asking questions is a good way of finding things out.
None of us ever know it all.
I thought that perhaps the property had been under offer before and maybe someone has had a survey, and so the estate agent would know the cause of the crack.
In reality, it was probably more simple than that. The vendor told the estate agent who told me!
And now I know.
I always say, if you don’t ask, you don’t get.
So always ask.
The worst that can happen is they say no. (btw before I get 100s of emails I always say no : ) )
Anyway, no spoilers, you need to watch the video to find the cause of that large and very strange crack.
It’s only about 6 mins, so please watch and enjoy.
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.
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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.