| Investing in real estate property is something that | | | | a complete dramatisation of course, plenty of siding will |
| many do in order to secure profits. Some make an | | | | fade because of sun, but it's also something that could |
| entire career out of it and others do it on the side to | | | | be hiding something else. An expert will be able to tell |
| supplement their income. Other investors do so with | | | | the difference. They will be able to see curling shingles |
| the idea that they will keep ownership of the property | | | | and know the roof will need replacing shortly. They will |
| and lease or rent it out for commercial purposes. | | | | know that the basement looks brand new not |
| Whatever the investment may do, there are certain | | | | because it was recently remodelled but because there |
| checkpoints that an investor will want to accomplish | | | | was recent water damage and the owners had to |
| before signing on the dotted line when obtaining a | | | | make it look nice. They will also know how to double |
| property. | | | | check and see if the owners fixed the problem |
| 1- Know your property | | | | correctly or just made it look good. |
| Visit the property you're interested in at several | | | | 3- Know the potential use for the property |
| different times of day or evening. The reason for that | | | | In knowing what the property will be used for, you will |
| is that some things will look different in different lights. If | | | | know exactly what will be needed in the property. It |
| there's a shadow on the wall during the day and you | | | | costs money to add things or take them away. Better |
| come back as the sun's going down or it already had | | | | to have a property that is perfect for the type of |
| and the shadow is still there, that might be a sign of a | | | | business that will use the space than have to spend |
| water problem behind the walls. If you only take a | | | | money on adding bits later. |
| cursory glance at the property, you may end up | | | | 4- Know the background of the property |
| missing things that will cost you down the line. Once is | | | | Don't forget to stop by your local county building and |
| not enough. You should go through the property three | | | | research if there are any liens or back taxes owed on |
| or four different times and don't forget to look at the | | | | the property. The information is public which means |
| exterior as well as the interior. | | | | that you are able to look it up with no restrictions. It's |
| 2- Bring an expert on a walk through | | | | free to do and usually easier to access than you may |
| If you know someone involved in construction or | | | | think. In some cases you can look up the information |
| another trade, there's a good chance that they may | | | | on the internet, but that will vary with each county. |
| know some things that you don't when looking at the | | | | Taking into account these points before deciding on |
| building. For example, you may think that a | | | | the investment will save you both time and money. |
| discolouration on the siding is due to sun damage over | | | | You will go into the investment armed with all of the |
| time. A trained tradesman may look at that same | | | | knowledge that you will need to negotiate wisely and |
| discolouration and tell you that it's not sun damage, but | | | | know that your property will yield you profitable results. |
| instead there's mould growing behind the siding. That's | | | | |