3 Potential Maintenance Hazards That Tank Deals (and How to Spot Them!)

G’Day, everyone. I hope you’re well and that you had a great Easter holiday. It’s time to get back into things and hit those numbers again. How many emails, calls and meetings have you committed to? I always stress that if you do the small things consistently, it will allow the big things to just fall into place. Keep pumping the numbers daily, and you will see the miracle happen.

Today I want to share with you my opinion on the top 3 potential future maintenance issues to look out for before purchasing a property. This is not exactly my complete area of expertise, but I have always followed a rule of having smarter people around me doing the things that I can’t do or don’t want to do. Using this approach has enabled me to learn as I go while growing my knowledge base.

Imagine this scenario. You have found what appears to be a steal in a hot market like Toledo or Dayton, Ohio, and you have an accepted offer and are in the inspection period. It is easy to look at the purchase price as well as the drafted after repair value based on comparable sales and be on cloud nine about what you have in front of you. However, do not get ahead of yourself — because some homes that may seem like diamonds in the rough turn out to be big lumps of coal if you do not examine these three key maintenance hazards.

Read more from Engelo at BiggerPockets.

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