Building Inspections.
Safeguarding your investment from blueprint to reality.

This next phase is a very important phase to note – building inspections! During the practical completion (PC) stage, you’ll bring in the building inspector and I always recommend having them complete two separate inspections. The first inspection is where the inspector will go through the property with a fine-tooth comb and provide a report with photos to you and your builder detailing any issues that need to be rectified. This is also a good time to check your building contract and ensure all inclusions have been made.

Once the builder has completed work fixing any issues, the same inspector will then go through the property a second time to confirm that everything has been fixed. You’ll receive a second report to confirm the work has indeed been completed. Then when you’re happy you can send the PC invoice off to the lender for the last payment.

Key Handover🔑 Unlocking doors, delivering dreams.
Once you have paid your final invoice, a key handover will be arranged. Typically, your dedicated property manager will retrieve the keys from the builder on your behalf. This handover includes the completion of a comprehensive entry inspection report, complete with detailed photos and a video walkthrough. The utmost attention to detail is crucial in creating this entry condition report. Identifying any lingering issues that might hinder the property from immediate rental is essential. Promptly addressing and rectifying these concerns is pivotal at this stage. Once all is in order, your tenant is ready to move in.

Scheduled routine inspections, mandated by law every three months, become a pivotal aspect of property management. These inspections serve as a safeguard, ensuring that potential issues are identified and addressed promptly. They also affirm that your tenant is maintaining your property in optimal condition.

Picture perfect portfolio. Elevate your property’s rental appeal
The initial empty stage, right after completion, marks a unique moment where the property’s potential is at its best. Leveraging this opportunity with professional photography is not just about capturing images; it’s a strategic move to enhance the property’s allure and make it stand out.

Professional photographs play a key role in transforming the property’s visual narrative. They go beyond mere documentation, presenting the property in the best possible light, highlighting its unique features, and creating an emotional connection with potential tenants. These images become a visual asset that holds timeless appeal, telling a story that goes beyond the physical structure.

As you prepare to bring your property to the rental market, these professionally captured visuals become your primary tool. Rental advertisements featuring these high-quality images set the tone for a property that is not just available but desirable. The initial impact matters significantly, and well-curated visuals contribute to a positive first impression, attracting attention in a crowded market.

In essence, the journey from completion to market is a visual narrative, and professional photography acts as the catalyst for a compelling story. It’s not just about showcasing a property; it’s about creating an experience that resonates with those seeking a place to call home. Elevate your property’s rental appeal, and let the visuals speak volumes as you embark on a successful journey into the rental market.

Join me next when I explain more on the Builder’s Warranty.

~Daimien Patterson
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Legal Disclaimer: This information ('the information') is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. All investments involve risk and potential loss of money. If you require advice in any of these fields you should contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Daimien Patterson, IntegrityX Enterprises Pty Ltd, and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Daimien Patterson, IntegrityX Enterprises Pty Ltd and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.