What To Look For In Single-Investment Family Rentals

By Admin Wednesday July 14, 2021

Real estate investment is tricky business, fraught with legal obligations, financial pitfalls, and slow value increments. While it’s a great way to preserve your wealth, and generate rental income, you should make sure that your rental is worth living in and devoid of any hazards. If you’ve made this investment, great for you—but have you invested in a home inspection and mitigated any risks to your tenants? Trust us, you do not want to find yourself in the middle of litigation because your rental property isn’t safe to live in.

At Clear Sight Inspections, we have helped countless real estate investors sort out their property to develop long-standing relationships with their tenants. As a result, they ensured a consistent revenue stream from their property. You should consider calling us up before putting up your single-investment family rental on the market to make good on your investments.

If not, then you should look out for these common problems that we’ve found in most homes in the New York state area.

• Check For Radon Concentrations

While it’s unlikely that you can get this done without the help of a professional home inspection service, you should still see if there’s any radon in the house. Radon is one of the leading causes of cancer in the US, and it’s found in nearly every home in the country. If you do find this gas in the vicinity, get a Radon Mitigation System installed to prevent radioactive contamination, and the associated illnesses for any future tenants.

• Check For Excessive Heat Signatures

Again, one of the things that only a professional home inspection service can help you with—but a crucial part of your home inspection. Infrared thermal imaging technology can reveal problems with home insulation, identify electrical faults, and point out roof leaks that pose a) a significant health risk to your tenants, and b) raise your utility bills through the roof.

• Check The Foundations

The foundations literally hold the home up—problems with the foundations start with small cracks and lead to bigger cracks in the walls, floor warping, and bending of walls. So, when investing, take a look at the foundations to see if you’ll have to put up extra money to fix them and get the seller to lower the property’s price.

If you’re looking to invest in a rental property, you should get in touch with Clear Sight Inspection. With years of experience as professional home inspectors, we offer a wide range of services like multi-unit house inspections, Radon testing, new construction inspections and more. Call us today for more information on their services in Brooklyn, Queens, and Staten Island, NY