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How To Inspect Commercial Properties?

Welcome to my channel and in today’s video, I am going to answer the question "How To Inspect Commercial Properties?".

▶️ Visit to know more: https://www.raphaelcollazo.com/

Each week, I answer questions asked by our viewers on topics pertaining to commercial real estate. If you're interested in having your question answered, feel free to email me.
▶️ raphael@grisantigroup.com
▶ With the subject line of "Weekly CRE Question"

In this video, I talk about how to go through the process of inspecting a commercial property you're interested in buying or leasing.

There are 4 things you need to consider prior to purchasing/leasing a commercial property:

- Identify a commercial property inspector - There are many property inspectors out there. However, most focus on residential real estate. These individuals may not have the proper experience to properly assess the condition of your commercial property. Make sure to confirm their experience level prior to hiring them.

Also, if you can't find a commercial property inspector that you feel comfortable with, hire tradespeople who can inspect each of the major building components (i.e. plumber, electrician, roofer, structural engineer, etc.)

- Saftey items - once you hire your inspector, make sure they focus their attention on immediate safety items. These may include, loose wires, structural issues, poor construction, etc. These are items that can make or break a deal.

- Major building components - These are ones that will need to be maintained and replaced at some point in the future. These items may include the HVAC system, Roof, Water heaters, Boilers, etc. Knowing the condition of these will enable you to set aside funds to account for them when they need to be replaced.

- Cosmetic items - These are the "nice to have's" of your inspection report. These may include, chipped or peeling paint, dirty ceiling tiles, worn carpet, etc.

When you have your report in hand, review it to make sure there are no glaring issues. If there are, you have the opportunity to approach the seller to request modifications and/or back out of the deal altogether.

If you're interested in buying, leasing, or selling commercial real estate, I'd be happy to help! I look forward to helping you reach your real estate goals!

If you like the video, please SUBSCRIBE, and don't forget to press the bell 🔔, 👍like, comment and share. Stay safe and Love all.
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▶️ If you're interested in leasing, buying, and/or selling commercial property in the Louisville metro area, I would love to help!
▶️ Check out my Website: https://www.raphaelcollazo.com/
▶️ Email me: raphael@grisantigroup.com
▶️ Call/Text me: 502-536-7315
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▶️ FREE REAL ESTATE GUIDES: https://linktr.ee/raphaelcollazocre
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▶️ Follow me on:
• Meetup: https://www.meetup.com/Commercial-Real-Estate-101/
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• Facebook: https://www.facebook.com/raphaelcrelouisville
• LinkedIn: https://www.linkedin.com/in/raphaelcollazo/
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▶️ Other Videos:
• Top 4 thing to consider (retail property): https://youtu.be/zxbXZiYf8b8
• How to purchase investment property: https://youtu.be/vroj5Rru49w
• Rookie to Real Estate Rockstar: https://youtu.be/LE6ikpQp-Hw
• Finding and Funding Great Deals: https://youtu.be/oOq9FKROcoE
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▶️ Commercial Real Estate Investment Analysis:
To watch a great video on how to analyze commercial investment deals, check out the link provided here: https://bit.ly/2GwuSXX

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Видео How To Inspect Commercial Properties? канала Raphael Collazo
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