Saturday, March 21, 2009

Real Estate: Property Inspection Day

Making progress everyday in your business requires certain activities that you need to do. Establishing a routine helps to keep you moving forward. Saturdays are a good day to do property inspection. We frequently go look at property on Saturday because the pace is slower. The calls are less on this day and we can concentrate on the job at hand.

When you go out bring a clip board to make notes or a worksheet that is marked up as we go through properties (email me and I will send you our worksheet). You will need this worksheet or notes because after a day of looking at property, even if you look at three house, they all start to swirl around in your head. Inspecting a property will take time at first because you may be new to the process and want to be very thorough. But after a few times you will notice that a lot of the same improvements are needed on houses. You will always want to paint the interior and exterior of the hosue. Replacing the flooring is a must. All the items that make a house sparkle must be replaced or repairs to like new condition. Here is the list you will always want to repair or replace:
  1. Paint inside & out
  2. Flooring
  3. Electrical outlets
  4. Light switches
  5. Light fixtures
  6. Toilet
  7. Tub/shower (repaint at least)
  8. Paint kitchen cabinets
  9. Paint or replace countertop
  10. Landscaping (Front new sod and scrubs & sod in back)
  11. Door hardware (if it does not match)
There are other items we will consider replacing:
  1. Windows
  2. Interior doors
  3. Garage door
  4. AC Condenser
Tomorrow we will review the steps when inspecting a property and what to look for.

See Ya,

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