COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
WHAT IS A COMMERCIAL REAL ESTATE INSPECTION CHECKLIST?
A commercial inspection can be a broad term for any inspection on a commercial type building. National Building Inspections. You will need an inspection of any property that you are investing in. Whether it is a new purchase, a new build, maintenance on an existing property, or a lease/rental property; an inspection will help with your budget, your time and your peace of mind. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
HOW DO I KNOW WHAT TYPE OF INSPECTION I NEED?
PROPERTY CONDITION ASSESSMENT/ DUE DILIGENCE IN MIAMI HOMESTEAD
This type of inspection is usually done on a new purchase of an existing building. The building can be any type such as; Industrial/Warehouse, School/Church, Apartment Complex, Restaurant, Retail or Strip Malls, just to name a few.
The purchaser will need to know what is wrong with the property/building before his investment to buy. We will give the most comprehensive and all-inclusive report about the major components and defective issues with the building/property. Our Due Diligence inspection will also give you an estimated cost of repairs and recommend quality contractors in your area.
TRIPLE NET LEASE IN MIAMI HOMESTEAD
The inspections are performed to avoid costly, unknown liabilities. When leasing a building, many times the lessee is responsible for certain aspects of the building and its mechanicals. Your lease could include that you are responsible for such things as the heating and cooling systems, the roof, water heater or the electrical. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
In any of these cases it is in your best interest to benchmark each item the landlord had made you responsible for, so that you are not assuming items within the structure that is either at or near design life or will not live out the length of your lease. By ordering a triple net inspection you could save hundreds of thousands of dollars in maintenance cost responsibility. We can inspect your rental/leasing property to ensure that you do not assume responsibility for mechanical devices that are deficient or are nearing their useful design life. With our reports and photos, you can ensure that you are covered financially before you agree to lease/rent the property. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
MAINTENANCE REVIEW ASSESSMENTS IN MIAMI HOMESTEAD
Most municipalities and businesses require a written budget to determine what experiences need to be outlaid for the maintenance of their facilities. We can perform a maintenance inspection and provide an operation manager with a document that describes immediate repairs, repairs that need to be completed in the first 3 years and repairs to be completed in the 5th year. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Maintenance reports are used to help companies and municipalities to set budgets for maintenance repairs or replacements. We will provide a due diligence inspection and report with a comprehensive list and timeline for the cost of repairs. Each inspection is tailored to your specific needs.
Our objective is simple – We make a thorough evaluation of the property from an investor’s perspective and limit the costs of this initial inspection to an affordable fixed price. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
All Commercial Real Estate Inspections are performed by a licensed Professional Engineer. We have over 25 years of experience in Facilities Engineering and Management of Commercial and Industrial Property.
We focus on the overall condition of the commercial real estate property and look for items of concern that will likely affect the cost of operation of the building, restrict your intended use, or perhaps expose you to expensive upgrades to comply with the latest building codes if you make improvements to the property.
After this initial evaluation you will be able to make an informed decision of whether you want to continue your pursuit of the subject property or abandon the deal and move on to another alternative property.
When you are a commercial business owner, you want your commercial properties to be the face of your business. The buildings need to reflect the image you are trying to have your clients or customers perceive.
There are various types of commercial real estate businesses that can use a commercial inspection: office and retail buildings, apartment complexes and housing, restaurants, and industrial complexes. Especially when in the purchasing process of a commercial building, you can’t always trust what appraisers, lawyers, and real estate brokers say as they aren’t specialized in the inspections of a building.
Areas that could be included but not limited by in an inspection are: structural, electrical, plumbing, and the interior of a building. An inspector will look out for mold, HVAC, any crawlspaces, and make sure it is ADA compliant. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
A professional building inspector will give you an accurate, detailed and easy to read the report with digital photos that have all findings and recommendations for repairs, planned updates, and maintenance, outlined for your convenience. If there is any depreciation or discrepancies in your building, that can look bad on your business. If there are issues that you aren’t made aware of, it will cost you more money in the future to fix, than it would to see what the problems are now and get them repaired or prevented.
5 reasons a pre-purchase building inspection is essential COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
BUYING HOW TO BUY A HOME
It may seem one of the more tedious aspects of buying yourself a home, but building inspections are a godsend. Trust me.
It’s surprising how many people don’t think about getting a pre-purchase building inspection or even contemplate forgoing one for the sake of saving a few hundred dollars.
Others believe skimping on a building report will speed up the buying process, but as you’ll see below, an inspection is essential for a number of key reasons.
Checking for structural issues checklist
A structurally sound building is a must when you’re making a purchase because of safety issues and cost concerns.
Structural weaknesses can cause collapses that may injure a person, but there’s also the possibility that the structural issue will be nearly impossible to repair without major construction.
Buildings must also conform to the Building Codes and Standards of Australia. If you purchase a home or commercial building that does not conform to these standards, you will be responsible for the cost of bringing the building up to code.
Getting a pre-purchase building inspection done can help you avoid purchasing a building with major structural issues – saving you major financial and emotional heartache down the track. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Budgeting for repairs checklist
You may feel it’s worthwhile to purchase a building that needs some repairs because it is available for a discounted price, but going into the sale without an inspection could mean big costs for hidden repair issues.
If you opt for a pre-purchase building inspection, you know exactly what needs to be done to bring the building up to where you’d like it to be.
Inspections are a cost saver and a life saver
Then you can look at hiring a professional to give estimates on the repairs that need to be done to complete an accurate budget for repair costs.
For renovations, inspections are a cost saver and a life saver. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Electrical wiring and smoke alarms checklist
New house, good. Smoke and fire, very bad.
Faulty electrical wiring can make for a dangerous situation that could increase the risk of electrocution or fire.
Not having enough smoke alarms installed increases the likelihood of injury or death in the event of a fire, so invest in a building inspection to avoid serious injury related to electrical wiring issues or fire. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Identifying unsafe areas of a home checklist
If you’re buying a home for your family, you want to be sure the home is safe and ready for you to live in.
A pre-purchase building inspection will reveal any areas of the home that may be deemed unsafe, in particular, the presence of asbestos and other dangerous materials, missing or loose balustrades and cracks in walls.
Uncovering such hazards gives you the opportunity to decide if you are willing to take on the cost of making the home safe. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Evaluating sundry structures checklist
The building itself is not the only part of a property that may need the keen eye of a building inspector. Did you know sundry structures including sheds and patios also have to be examined?
Local council regulations (and they vary from shire to shire) often dictate where these structures can be built, and purchasing a building that does not conform with these regulations can mean tearing down a building which may have been one of the reasons you decided to purchase the property in the first place.
Opting out of a pre-purchase building inspection may seem tempting on the surface when you think you can save a few hundred dollars, but making sure the building you are purchasing is safe, requires no expensive repairs and conforms with council regulations is absolutely essential.
Inspecting could stop you making the biggest financial mistake of your life – it’s a very small price to pay. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
¿WHY TO DO HOME INSPECTIONS IN MIAMI?
Miami is a major port city on the Atlantic coast of South Florida in the southeastern United States. As the seat of Miami-Dade County, the municipality is the principal, central, and the most populous city in the Miami metropolitan area and part of the second-most populous metropolis in the southeastern United States. According to the U.S. Census Bureau, Miami’s metro area is the eighth-most populous and fourth-largest urban area in the U.S., with a population of around 5.5 million. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Miami is a major center, and a leader in finance, commerce, culture, media, entertainment, the arts, and international trade. In 2012, Miami was classified as an Alpha−World City in the World Cities Study Group’s inventory. In 2010, Miami ranked seventh in the United States and 33rd among global cities in terms of business activity, human capital, information exchange, cultural experience, and political engagement.
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The Art Deco District in Miami Beach: Brings back memories of an earlier time in Florida with its wonderfully restored 1930s Art Deco buildings. These pastel colored historic structures display neon signs and awnings that cover outdoor dining areas in Miami. Many of them front Ocean Drive, overlooking the beach and ocean of Miami.
South Beach (Miami Beach): Located at the southern end of Miami Beach where the Art Deco buildings line the waterfront road, this is the most famous and popular section of Miami Beach. In summer the beach is a popular draw for locals and tourists and in winter the area is simply a popular place to stroll around. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
Ocean Drive (Miami Beach): Ocean Drive runs along the oceanfront in Miami Beach, passing the historic Art Deco buildings and the famous strip of sand known as South Beach. It is a popular place both day and night for a slow cruise and some drive-by sightseeing.
Bayside Marketplace (Miami Beach): Bayside Marketplace is a large outdoor style mall in Miami with more than 150 specialty and tourist shops, numerous cafes and restaurants, and daily live entertainment. Visitors will find some well-known chain stores as well as many unique, one of a kind places. The marketplace draws tourists.
Vizcaya Museum and Gardens (Miami Beach): The Vizcaya Museum and Gardens is one of Miami’s greatest treasures. The architecture, the grounds, and the artwork it contains are all worth the trip to visit this beautiful place in Miami. COMMERCIAL REAL ESTATE INSPECTION CHECKLIST MIAMI HOMESTEAD
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