Why Investors Should Get a Rental Property Inspection Before Buying

Your collection of financial investments sits in a pretty, pristine, and polished portfolio. At the core of your investment portfolio are stock investments, bonds, and cash. However, it also contains a wide range of assets in more tangible forms like art or real estate properties. What you can’t see can hurt you; this is why you should put a premium on rental property inspection.

Keep your investment portfolio immaculate with an inspection before you purchase a property. Keep reading to learn more!

1. Steer Clear of Unwanted Surprises

Properties are physical entities, and thus, they are subject to wear and tear. Some of these mishaps might be accidentally overlooked in a landlord inspection.

The building might have leaky roofs, utility issues, or faulty wiring. There could be mold or pests lurking in the deep recesses of the building. It would be a shame and a hazard if you found rusted support beams too late.

Buildings come with baggage. You might find that you’re okay with some issues and find remedies for them. The important thing is that you know about the property’s internal and external issues.

2. Get a Proper Estimate

Let’s say you’re eyeing a spruced-up home in the best location in town. The asking price is a pretty penny. What you don’t see is the myriad of hidden issues mentioned above.

Inspectors are like detectives. They know what they’re looking for and how to find the answers. If you’re paying a premium price on a premium house, you want to be sure things aren’t too good to be true.

If they find something wrong with the property in the rental property inspection, you might even score yourself a discount!

3. Ensure the Property Complies with Local Regulations

State and local property laws govern home renovations. You want a property that complies with the guidelines of city inspections. Skipping home inspections leaves much to chance.

Rented housing is a business of living spaces, a human right. Did you know that tenants have the power to sue landlords on the grounds of uninhabitable living conditions? Know what you’re getting into before you’re knee-deep in lawsuits.

4. Knowing Your Next Move

To know where you’re heading, you have to know your starting point. Are you investing to upgrade the building and resell in the future? Are you going to rent out the building?

The possibilities are endless.

Get the full picture not just for now but for the future. An investment like that needs thorough checking before pushing through. Grow your wealth by investing in rental properties with a seal of approval from quality property inspectors.

Book a Rental Property Inspection Today 

Investing is like dating; you want to see the red flags so you can make informed decisions on commitment. A good rental property inspection digs up all the skeletons in the closet, whether literal or figurative. Rental property investments go on the record, so keep your portfolio clean.

Thank you for reading our article! Safety is our specialty. If you’re interested in building inspectors in Central Florida, book us today!

pool leak detection near me

The Benefits of Professional Pool Leak Detection

It costs an average of up to $1,000 to fix a pool leak if you don't catch it in time. The expense only goes up the longer you wait. Detecting the warning signs of a leak avoids costly damages and keeps your pool healthier for longer. Don't fret if you're looking...
pool inspection checklist

Pool Inspection Checklist: What to Expect During a Swimming Pool Inspection

Swimming pools are a great way to enjoy the summer heat and cool down, but they also create a lot of water waste. Using a pool cover can stop up to 95% of pool water evaporation. But ensuring you have the best pool hardware and looking for pool cracks is also...

What are the 5 Benefits of Getting a Pre-Drywall Inspection?

America has faced an ongoing housing shortage for a while now. Chalk it up to a big falloff in new construction following the 2008 financial crisis. The big home-buying frenzy of the last few years only made it worse. So, it's not hard to understand why Americans...
4 point inspections

What are the Common Reasons for 4 Point Inspection Failures?

The average age of a home in the state of Florida is 34 years old.  Whether you are selling or buying a home or renewing your home insurance on an older home, chances are you will need a 4-point inspection in the near future. In some cases, an upcoming 4-point...
inspect your home

How Often Should You Inspect Your Home?

Owning a home is an investment. You have to protect your home so that it increases in value.  One way to do so is by maintaining it. This calls for more than just giving the interior a fresh coat of paint. You must inspect your home.  A home inspection is a great way...
sewer scope

Sewer Scope Inspections: Why You Need One

The EPA reports that household water leaks waste nearly 1 trillion gallons of water each year. As well as all the money you waste on water that you never use, the economic impact of water damage can be huge. If you have a damaged sewer, you face the risk of foundation...
va water test

VA Water Test: 4 Things You Need to Know

According to the Census Bureau, roughly 18 million Americans were military veterans in 2018. This figure accounted for roughly 7% of the adult population.  Americans find several ways to express their gratitude for veterans, and this appreciation extends to the...
Building Inspections

What Are The Most Common Myths About Building Inspections That You Should Know?

Building inspections make up a $6 billion industry today, which speaks to the importance of this skillset and service. Inspecting a building is a prerequisite to finalizing any purchase or sale, or opening it for business. Building contractors will go through their...
sewer scope

What are the 4 Benefits of a Sewer Scope Inspections?

Getting ready to buy a house? If so, here's a quick tip: make sure your home inspection includes checking out the sewage system. See, plumbing is one of those things that most buyers expect to work as intended. Unfortunately, this isn't always the case. A simple sewer...

What’s a GFCI Outlet?

What is a GFCI Outlet? A GFCI outlet is a special type of safety outlet that will protect people from electrical shock. GFCI stands for Ground Fault Circuit Interrupters. They are inexpensive and easy to install and are required by the NEC or National Electrical Code....

Request Inspection

We perform thousands of inspections every year

Let our experience of residential and commercial property inspections in the Greater Orlando area work to your advantage!

Click Here To Schedule Online