When you decide to purchase fixer upper property to flip for profit, it is a very good idea to find a reputable home inspector to give you the ins and outs of the property you are hoping to buy.
A good home inspector will clue you into all of the things you will need to do to get the house up to code, and the things you can do to make improvements that could return a fairly large amount of money from your investment. These are just some of the things an inspector will look into.
The first thing they will do is check the outside of the house for any defects that will have to be taken care of. This usually includes things like roof damage, structural damage, and foundation cracks that can be seen easily. They will then turn to the windows and doors of the property.
This may include patios and decks if the house has them. Finally, moving on to the driveway and sidewalks or path ways around the house, once everything outside has been looked at they will go inside the house to make sure everything inside is safe and sound.
The inside will be the most important aspect of the inspection. While the outside will give you an idea on most major problems, the inside will show you if you need new wiring, furnace, or other issues that could end up causing the house to catch fire, or even be condemned.
A good inspector will also check the crawl space, basement, and attic for signs of water damage, mold, and rodent or insect activity. They will be able to tell you what you can do to fix any issue that they might find, and roughly how much it can cost to get it fixed.
Most good inspectors will also be able to point you in the right direction for hiring a reputable and insured contractor if the issues with the house require a professional hand to fix them. While you can do a lot on your own, it’s always good practice to let an insured contractor fix major issues with any house as that is what their job entails, and it’s done right.