You are a real estate investor and you have a beautiful building in your sights. You evaluate the potential and decide to make an offer to purchase. Since time is of the essence, you decide not to call on the services of a professional inspector and opt instead to take a look at it yourself. After all, you know your way around buildings. Read our article and learn why a professional inspection is a must for your next real estate investment. 

When buying a home, it is strongly recommended that you have it professionally inspected to ensure that you are not missing any major problems. This is especially true when purchasing an income property or any other commercial building. The purpose of a real estate investment inspection is to identify possible deficiencies in the systems, materials and components of the commercial building in order to obtain a complete picture of the work that needs to be done and the financial investments that will be required in the short term.

A good inspection of your real estate investment will allow you to better understand the building you are about to acquire, to reduce the risks of having to pay for unexpected work following the purchase, to pay a fair price for the building and, finally, to make an informed decision regarding your real estate investment.

A complete real estate investment inspection service also offers an estimate of the cost of the work. This estimate allows you to better plan in the short term the expenses necessary for all repairs or replacements of important construction elements. Thus, a conscientious investor will be able to plan and finance the replacement or major maintenance work…

Let’s be honest, what investor wouldn’t like to know the exact amounts that will need to be invested before even purchasing the commercial building?

A good real estate investment starts with a good inspection. So as soon as your offer is accepted, contact a trusted home inspector and make an appointment. You want to give him or her time to write the report, do the estimates and quality control. Then, you need to take a moment to review it, ask the inspector questions and assess whether it’s worth the effort. It is, after all, a financial investment…

For a serious real estate investor, a home inspector is an invaluable ally. The inspector provides a professional opinion on the general condition of the building, reveals apparent defects and signs of hidden defects, and provides an estimate of how much it will cost to repair and maintain the building after it is purchased.

If you are planning to purchase an income property or any other commercial building, keep in mind that our inspectors are available to help you make a wise real estate investment.