How To Inspect The Inside of a Property – Inspecting a Property (Part 4/4)

[arve url="https://www.youtube.com/watch?v=21Z5pvQmO-M" mode="lazyload" align="center" /] When it comes to inspecting a property one of the most important areas you are going to inspect is the inside of the property. Here are some tips of how to successfully inspect the inside of a property. Book Your Free Strategy Session Resources Related To This Episode Inspecting A Property Series Part 1 - Questions To Ask A Real Estate Agent  Part 2 - How To Assess Street Appeal and The Surrounding Area Part 3 - How To Inspect The Outside of a Property Part 4 - How To Inspect The Inside of a Property Transcription: When it comes to inspecting a property, one of the most important areas that you're going to expect inspect is the inside of the property. And so in this episode we want us to talk about how to inspect the inside of a property. And so today I have with me Ben Everingham from pumped on property. This is a part of the series that we did on inspecting your property. We have already looked at questions to ask an agent. We've already looked at inspecting the street as well as the exterior of the property. If you haven't checked those out yet, go to on-property dot condo. You for sash inspect and we will list all the episodes over there so you can check them out. Um, but yeah, in this one we're talking specifically about the inside of the property, which you're going to want to do a thorough inspection of the inside because most often than not, the agent, we'll walk you around and he'll talk about the benefits or she'll talk about the benefits of the property. They weren't talking about the things that you actually need to know. You always walk through a property. We gave out really dark glasses on, like seeing everything that's bad or really, really various of glasses on and the agents going to make sure that you noticed the rose colored stuff. So this is just again another way of making sure after the property you've got an accurate picture of what it looks like and I, I take 50 odd fridays per property they don't inspect when I'm doing it for me because I just really want the non real estate.com version of what's going on there. And nonprofessional, those that had been like photoshop, the color, everything like that might guide your eyes, the blue that. So yeah. So there's a lot of stuff that we'll be covering in this video, so we do recommend that you go through with a checklist of your own. Again, the power in this inspection is not just doing one inspection, but it's in doing multiple inspections or different properties and then you can compare each property to each other and this will also help you when you're doing it. Multiple inspections to not forget the property, forget what it's like, which is definitely an issue. Had you present like that is the biggest issue that I used to face and then I had to jump on real estate.com in the order again and just re remember after saying 10, 15 properties in a day. And so the first thing that we want to look at is does the floorplan work? This is such a video on there's so many houses where the floor plans just don't work. Almost every property that was built again outside of the last three years had a floor plan that didn't work in more than 80 percent of what's being built now. Ad Doesn't want to hear. I've got investment properties where the floor plan shocking, but pulling out a couple of walls could dramatically change it and in fact the house I'll just fought with my wife like weighed just about the standard right now on him wherever ripping out some walls that just don't need to be there and I can't believe whatever even put there. Like it just blows my mind. But build used to like pokey little spaces for some reason. Yeah. And so this is a big one when comparing one house to another is whether the floor plan works, how livable is a is does it create a good vibe and a good space for people to live in? Because if you've got two houses that are similar price, similar areas, similar condition, but one has a great yeah, full plan and while it hasn't terrible one, unless the terrible one has an opportunity to knock down some walls and turn it into a great one, I will choose a completely unrenovated property with a great flow plane I've ever really, really nicely renovated property with a shocking one. And the reason I do that is when I was working for my previous company before I started this business, I was a marketing manager. We did a like basically a research study where we looked at 2000 Australians, moms and dads and what would the most important parts of behind for them. And it was the kitchen for the wife and it was the outside of the property backyard for the man. But what we found from doing that research was floor plan made everything work. And so when you walk into a place and it feels right, it's not because the house is any better than anything else, it's just the floor plan actually works and is meaningful and what we're talking about there is a nice entry that feels open, are living, dining ALFRESCO backyard that opens out to itself good size bedrooms that are, you know, well located away from the entertaining area. So people feel like they've got privacy, like it's very easy to create that sort of floor plan if you know what you're looking for. Yeah. And also you can look for opportunities in the floor plan as to where the walls could be removed in order for you to improve that for planned. So many houses have these pokey little kitchens or a wall separating the living, dining, kitchen area. Sometimes I bring them up, can make the place feel infinitely larger. Yeah. They also want to look at what is the flooring in the living area. Well basically you will go through the whole house, the kitchen, the living area, the bedrooms, the bathrooms, the laundry, a look at what forum is in each of them as well as the condition of the flooring. Again, when we talked about the exterior, we talked about a rating from zero up to five, zero being terrible, five being great. So with all of these sorts of things, you're going to want to look at the condition of them as well. So when it comes to flooring in the house, make sure you check that out. Um, and then we move into the kitchen and looking at the condition of the kitchen. You were saying in building and pest inspections, they don't check the dishwasher, they don't check, they don't check it, the dishwasher's working that don't check the water heater check. Generally the air conditioner, they are probably the three largest maintenance costs on a property outside of a roof that you come up against regularly. So important I think to just double check that. And then if you know that the water heater is about the shoot itself, obviously negotiated a $2,000 discount or $5,000 piece, can't be cover the replacement of that in the next couple of years. Yep. So you don't want to look at the condition of the kitchen and you're also gonna want to check if it's gas or electric and then check it. The range hood is working. Yeah. Most French words aren't checked in a building and pest stay there and that dynamic. Yeah. And so just like check all that stuff in the kitchen, making sure it's working. And then obviously take note of things that aren't. When it comes to the bedrooms you want to check like ceiling fans built in robes. But you were saying that the most important thing is the size of the room. It's always about the size and the bedroom. And so it's daddy and they do that time. Definitely the size currently, particularly in the master bedroom. You want your master bedroom to be a bit larger than that of the bedrooms in the Bronx. Well we're talking about here is a master bedroom. Done it since being at least four by four meters wide if possible, and then as a minimum for the second two feet bedrooms in the property, I'm looking for something that's at least three by three minutes as a minimum. A lot of our properties have smaller bedrooms because for some reason the mcmansion became something around about [inaudible] 99. He's in Australia, um, in the case of bedrooms like is fully better and there's a minimum size that people should be looking for that. Yeah. And so that size is really three by three for the smaller bedrooms and full life for, for the master bedroom. Um, and then also you want to be checking the fans and checking with a condition the built in robes and whatever else is in the bedroom as well because if you've got bedrooms that have no built in robes at all, then that's going to be more difficult to rent out. Or you may need to build them. Yeah, like an in. And I think about an owner occupied home with kids in it and a family. Every room would have built ins. Every room we'd have fans, a home would have air conditioning days aren't things that every property comes with. This is an ultimate wishlist, but if you really want that quality product, there are things you should consider. Yeah, and just sort of thing. Then we move onto the bathrooms and again we're looking at how many bathrooms are in the property as well as the condition of those bathrooms. Bathrooms are huge maintenance issue. What you're really looking for there and you can't do it yourself unless you're a qualified plumber, but the building and pest inspector in particular, bathrooms and major, you need to find out if there's any leaking, if there's any moisture behind the walls, if there's any damage there because that can be a significant cost. The brie rip out a bathroom, waterproofing and build a new one. So just check the condition of the bathroom, check the seals, check the tap, so working, ask if there's any issues. The building and pest is gonna. Pick it up anyway and then negotiate hard if there's a bathroom issue because, and again, and this is all worth, we're writing this stuff from zero to five. So rating the experience in the bedroom. Five,