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Do You Always Look Up?

Do You Always Look Up?

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概要

 In this episode, Nick reveals a simple yet commonly overlooked strategy for property viewings: remembering to look up. While many new investors get distracted by the internal cosmetics of a house, Nick explains how inspecting the roofline, chimney stacks, gutters, and ceilings can uncover expensive structural defects and maintenance issues. KEY TAKEAWAYS Always check the roofline before entering: A bow in the roofline, especially when older slats have been replaced with heavier modern tiles, indicates that the roof may lack proper structural reinforcement. Use your smartphone as an inspection tool: High-definition smartphone cameras are excellent for zooming in on hard-to-reach areas. You can use your phone's zoom to check chimney stacks for missing bricks, compromised mortar, or invasive vegetation like buddleia. Shared chimney stacks mean shared liability: Work on a shared chimney stack will require you to liaise with neighbors because it is a shared responsibility. If the chimney stack is shared between two properties, Look for signs of water ingress internally: When inside, look at the chimney breast and ceilings for damp patches. These often indicate compromised mortar, uncapped chimneys, or the freeze-thaw cycle destroying the brickwork outside. Be aware of hazardous or outdated ceilings: Pay attention to the ceiling materials, as Artex ceilings can potentially contain asbestos (ACM) and require careful handling. BEST MOMENTS "When you're viewing property, do you always look up? Sounds a bit strange that, doesn't it?" "What I find is a lot of new or newbie property investors sometimes miss this. They just go in and they just view the internals. They don't look at the roof, they don't look at... look up." "Your phone is an amazing tool for inspecting hard-to-reach places." "If you replace a whole roof, you need to involve building control, you need to involve a structural engineer who will recommend strengthening if needed." "Everything's fixable, but it's at a cost. And you can use defects like this as leverage, as well. Leverage to get a discount." HOST BIO Nick is an award winning property investor, voted Fastest Newcomer 2022 by Premier Property, and is an accredited Retrofit EPC Assessor. He sources and renovates properties for himself as well as other investors. While doing this he has developed his own systems for efficient investment, such as developing his own methods to save time when viewing properties and estimating market values and potential returns, costing out renovations. He spends three months of the year abroad and while there continues his business with use of modern technology and his proven systems. Location freedom has always been his "Why" for being a Property Investment and has now reached his ideal of the colder months spent in Thailand and the rest of the time in the UK, all while continuing to run his business This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
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