The purchase of a multifamily home can be a great way to generate rental income and build equity in a commercial property. While the rewards can be higher, the stakes are higher too. The infrastructure and the systems that support the building can be larger and more complex, and quite possibly more expensive to maintain and replace. An inspection can be a small investment with large dividends.

Consider that...

The quality of tenants you can attract to a rental property is often dependent upon the cleanliness and appearance of the rental unit and property. When you purchase it, keep in mind the cost of repairs and upgrades to the building that may be needed to make it attractive. Good tenants reduce the inconvenience of collecting delinquent rent, minimize building maintenance, reduce repairs from intentional damage, and reduce possible evictions.

Your Multifamily Home Inspection from Breakwater Inspections will be performed in accordance  with American Society of Home Inspectors (ASHI) Standards of Practice. During a typical inspection many components and systems will be inspected and assessed. These include and may not be limited to:

Thinking about selling?

As you prepare to sell your multifamily property, a Seller’s Inspection is just as important and relevant as when you bought. You are in a better business and negotiating position if you know what the issues are with the property before you list it. You have the time to consider how you want to handle them. See the Seller’s Inspection page for more information.

Are you happy with the property but are wondering what needs to be done?

An Owner’s Inspection of your multifamily property is a great way to see exactly what’s going on with the property. Should you be planning some repairs? Do you know what the more important ones are? Which ones can be deferred? Do you know what ongoing maintenance can save you large repair costs in the future? These are all questions that can keep you up at night. Fortunately, an Owner’s Inspection can help you with the answers, and help you sleep.