How To Perform A Basic Home Inspection

Frank Chen

Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got a quick video on how YOU as a real estate investor can quickly perform a property inspection, so you don't have to pay for a professional to inspect your property.

House Inspection Tips for Exterior:

Foundation:

walls and the ceilings in each room – Are there obvious cracks or apparent shifts in the foundation?
Do the same around the outside. Are there any trees encroaching on the foundation?

Lot:

Does the drainage appear to be away from the house?
Any obvious soggy areas?

Roof:

What is the overall condition?
When was it last replaced?
Are there any trees encroaching on it?

Exterior:

Does the house look like it will need repairs or repainting soon?
Are gutters and downspouts firmly attached?
Are there loose boards? Dangling wires?

House Inspection Tips for Interior:

Attic:

How does the interior of the roof structure look?
Any signs of leaks?

Interior evidence of leaks:

Check ceilings and around windows in each room – swelling, discoloration

Basement:

Is there dampness? (mold)
Adequate insulation? (difficult, not very common to check)

Electrical:

Do the switches work? Are there any obvious malfunctions?

Plumbing:

Any unusual noises or malfunctions?

Appliances:

If these are included, what is the age and condition of the stove, dishwasher, refrigerator?

Heating/cooling system:

Does it seem to do the job?
How old is the furnace?
Condenser?

In summary, these questions will help guide you through a BASIC personal real estate inspection. If there is anything you are uncertain of, be sure to consult with your realtor, contractor, and if completely necessary, schedule a professional home inspection. There are still some things they will find that we will miss as investors. Remember, the more thorough you are before you purchase, the safer you are once you own it.

Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing.