Home Flipping

3 Tricks House Flippers Can Use to Make Their Inspections a Dream

Ask anyone, and they will tell you that house flipping can be a great way for you to make money. Not only that, but many people find it very rewarding to be able to restore a home back to a livable status. However, many experienced house flippers will also tell you that it isn’t worth doing unless it’s done right. Many individuals who have adopted this attitude have been through a difficult home inspection. Of course, they will also tell you that it doesn’t have to be a difficult process. Here are three tricks you can consider to make this process like a walk in the park:

Know Your Inspector

The key to a successful house flipping is to have a good working relationship with your inspector. Ideally, according to Massachusetts Real Estate Exposure, you want someone that you not only trust but an individual that is not afraid to level with you regarding the house in question. You want to be able to feel comfortable asking him or her questions. You will also want a home inspector that has integrity and is willing to educate you on the more complicated aspects of restoring a home. They will also be able to help you stay up-to-date on all of the latest home construction and remodeling practices.

Schedule Two Inspections

Having a property to flip doesn’t have to be a nightmare. The key is a little advance planning. One great suggestion would be to get two inspections—one before purchasing the property and one before selling it. You get the inspection prior to buying the property in order to identify any deal-breakers, and you get the inspection prior to selling it to make sure nothing else has gone wrong on the home since you have purchased it. Moreover, you should strongly consider the winter months for your home flipping improvements. According to Do Hard Money, winter is the best time to do home improvements for house flippers because there is less competition, enabling you to focus on doing a better job remodeling the home.

Remember That Honesty Is Always the Best Policy

You need an inspector that will give it to you straight. There is nothing more disheartening than a sale that falls through because of some issue that should have been caught. Thus, according to Money Crashers, you need an inspector that will tell you about such things as a damaged foundation, electrical wiring problems, sewer line problems, gas line issues, hazardous building materials, and neighboring structures that were built beyond your property line.

Clearly, it is invaluable for you to have a good home inspection for all of your flipping endeavors. Don’t hate the process. It’s there to help you. Instead, do everything in your power to be as professional as possible. Your home inspections will go much more smoothly.

Here at Chicagoland Home Inspectors, we have some of the best, top-rated home inspectors in the area. If you’re looking to get your home inspected, we are here to help! Schedule an appointment with us today!