How To Inspect The Outside of a Property – Inspecting a Property (Part 3/4)

[arve url="https://www.youtube.com/watch?v=XoAHiEWauag" mode="lazyload" align="center" /] When it comes to inspecting a property you're going to want to have a good look at the outside of a property to see whether or not this is a property you want to invest in. 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   How To Find A Property To Build A Granny Flat On 2 Properties To Financial Freedom Transcription: When it comes to inspecting a property, you're going to want to have a good look at the outside of the property, what condition it is, what's it made of, et Cetera, so that you can get a good idea of whether this is a property that you're going to want to invest in. So to have with me, Ben Everingham from pumped on property and this continues our series on inspecting a property, so if you haven't checked out the previous ones we did on questions to ask an agent as well as how to look at the surrounding street and area. Go to on property.com, forward slash inspect to see all the episodes that we've done there. But in this one we're going to be looking specifically at the outside of the property and some of the things that you should look at. So one of the things that we're saying off camera beforehand is there's a lot of things here that we're going to touch on and being able to write these down and go through each of these. When you're inspecting a lot of properties, it's very easy to forget which property is which, which one had the good thing, which I had all of this sort of stuff. What was the condition of the roof? You can't remember. And so having a notepad, a piece of paper or having a checklist like this can really help with that. So we'll go through a bunch of things, grabbing notepads and pen and write them down and then yeah, it's going to allow you to look back and know, forget 100 percent. Like the reason these started was because when I used to go to make properties for myself, I had 10 properties. Sometimes he'd take properties in a day in an area that I was looking at and by the end of the day I literally could not remember one property versus another. And so I built this checklist for myself just so that I could compare apples with apples really thoroughly when I walked away. And so that I could actually remember what I was looking at it properly yet. And so the first thing that we had to look at is how old is the house? How do you find this out? That's a tough one. Um, you can find it out an rp data, but that's a paid source. It's just sort of like a question to ask the agent really and take that with a grain of salt as well. Like they could tell you 30 years old, it could really be 50 or 60 or vice versa. Yeah. And everything that we're going to be talking about today as well. None of these are deal breakers. It's all just so you understand the property better, you understand its positives as well as this negatives. And as Ben said, you can compare apples to apples. So the power in doing this is not just doing it for one property, but the power in it is doing it on multiple properties and then comparing them to each other as well. Well as comparing their locations and their price and all of that sort of stuff as well. When you think about it, like if you have one big day where you inspect 12 properties, that's cool. But what if you're in the market for six months before you find what you want and maybe you find a property that perfectly tco boxes six weeks ago that you lose, now you're looking to replicate that property. It's kind of just keeps a living memory or a record of what you're trying to do, what you like about certain places. And what are deal breakers for you are not deal breakers. Okay. So let's go through this list. How old is the house? We talked about that. What's the shape of the land? I like to buy rectangles personally with nice big frontage is. So that's just important for me because I liked it. Also build Julene Cam or granny flats in my property. So this is especially going to be important if you are wanting to do the two properties to financial freedom strategy where you want to build a granny flat. So having the right shape of a blog where you can build a granny flat on it is going to be important than maybe stumble blocks where it's not going to be possible just because of the shape of the blog and the position of the House on the block position of the house is super important. So we're looking for something well positioned at the France so that if you're not building a granny flat, you've got a nice big backyard for your tenant and family. And if you are, you've got space to construct something. Yeah. And so the next one is what is the frontage of the property? So this is how wide is the front of the property. So that can range obviously properties range in width. The wider generally the. Yeah, I defense ladies out never ever watched videos. A what watches all of that shit with these important for everyone. But in this instance it's important particularly in some of the council areas in southeast Queensland right now because you need a minimum lot size or width of the front of the property to actually construct a secondary dwelling. So that's why it's in this checklist for Brisbane. Yup. And so we actually did a video on what do we do, what was it called, how to find a property to build a granny flat on. So I'll leave that in the links down below if you are interested in building a granny flat. There's a bunch of other things to check for as well that we won't be going through today. I'm still like, I'm still back where we were. That was so funny. I love it. Kills gonna. Edit this and this is it. Um, next question is, is this a corner block? Not a really important thing for me, but more important to some people. Some people particularly that live to build granny flats like two separate drivable accesses. I completely get that. It's not a major priority for me personally. Yeah. So it's not a deal breaker, but obviously it can be a good opportunity for Julian come and granny flats if you have a corner block because you can give access on the other side of the street. Easy to put a fence right down the middle of the block as well. Very cool. Uh, what's the approximate width of the site access? So the side of the house to the fence line, I like to find that question out again because it can be important if it's just going to be a single income home to be able to put drivable side access in a shed, in the backyard for some people in the future or as a granny flat. It's nice to know whether you're going to just put a path down the side or if you're going to be able to put drivable side access in our carport for a granny flat in the backyard. Yeah. So obviously it'd you have a granny flat in the backyard. You want the person who lives in that granny flat to be able to get there, but it's pretty important that they're not going to jump over the other house half. So yeah, you generally either looking at pedestrian access, which means they need to park out the front and then they've got a little bit of a walk to get down or ideally you get drivable access so there's not enough distance between the house and the fence line that you can put a driveway in. So the person who lives in the graphite can actually drive down pat right at the front of their grain flat and then walk in. So that's ideal. It's not required, but it is also like I have lived in a house where I only had been an accident so I'd have to block out the front and walked down. It was not that big a deal as a renter at the time and so it's not. Yeah, it's not a deal breaker, but it is something to look for. Look, almost every existing house in Australia will have a. The pedestrian all drivable side access, but every brand new Julian coming built now just as pedestrian side access. So if you find the perfect property but it doesn't have drivable side access, again, it's not a deal breaker. People will live there like Ryan and I and just enjoy and so next one is, is it race or is there a slab on the ground? Why is this important? You know, 70 percent of all these leading. What? Sydney and Melbourne roughly? I don't know. I just said yes. I'm pretty sure that's like 60 to 70 percent of aussies live in those two areas. Spend 80 percent. Eighty percent of statistics are made up on the spot. I just made some of that up. I'm just thinking. I know had cds of 5 million people. So there's, there's a bunch of people live in Sydney. Just Bang. Gone on another rant. This is like a third video recording because the day, so like we're getting sillier and things like this. Sun Is like having roommates to rinse. Tendency to assault. It's a male. What was the question? Will cause a bad phrase but slab on the. And it's important to people in Sydney and Melbourne have slab on ground brick homes because that is all they use the same. Yeah, I completely understand it. There's a lot about the places in Australia. Once you get past coffs harbor where the design style completely changes, um, I don't have a preference for either, but it is a little bit more expensive, longterm maintenance wise to, you know, paint a house every 10 years as opposed to break switch chicken. Just acid wash yourself. Yeah. Um, which is the next one, which is what is the house made of, whether that'd be break, whether it be rendered, cladding, fibro, etc. What you want is a high quality, well made home what it's made out to be secondary, unless you want the lowest maintenance property house, which is generally slab on ground and break with the tod roof. And so it's not. Again, it's not a deal breaker. You Want well made house,