Buying an investment property that turns out to be a lemon, can be a property investor’s worst nightmare. The best way to make money as a property investor is to buy well.

How do you mitigate risk and what do you look out for?

• Look for cracks in walls or plaster and external brick walls- this is most likely and indication of structural problems
• Look for blackened areas around power outlets, which is often the sign of faulty wiring which increases the risk of fire
• Look for damp areas which can signify makeshift drains and plumbing issues. Rusty pipes are also a dead give-away of plumbing issues
• Cracked roof tiles are also a sign of serious consequences for the internal structure of the property. Water can get and create risks if wiring is exposed to water. Look out for rust on the roof or guttering, poorly fitted gutters and bubbling/swelling in wall paint.
• If you see dampness/wetness and/or mould in floors ,walls, ceilings, skirting boards and wall bases, this can be a sure fire sign of water seepage around the property.
• If you see small bits of wood around cornices, door frames and window frames, gaps in walls and door frames, damaged floors and bubbled paint- it is highly likely that the property has a termite problem  

Our goal at RealRenta is to help you get more out of your Investment Property.

The RealRenta platform will make managing your own property, EASY and STRESS FREE.

Tell all your friends and family with Investment Properties about us- they will love it!