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The Importance Of A Home Inspection Before You Buy A Investment Property

Before buying a investment property I get out my inspection checklist. The list helps me automate the inspection process and make sure that I get everything inspected both quickly and without missing anything. Making the inspection process a system really speeds up the inspection and takes a lot of the guess work out of the process. I have developed this system for myself after years of inspecting property to buy. It might be a good idea for a first time or relatively new investor to hire a home inspection done by a professional home inspector. The problem I have found with getting a home inspection done on a hot investment property is that by the time you can schedule a inspection the property is usually already sold as is for cash. Sometimes this sale can take place in a matter of hours. If you think about it the seller usually gets his asking price on a fixer-upper immediately so there is no need to wait for your home inspector. That is why I use both my experience and checklist to do a inspection right there. It might be a good idea to take a experienced investor along with you to look at the property. It is amazing some of the things that a home seller will do to hide a big problem from a potential buyer. The following are some of the things that I look for in a investment property.

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