Know the Property Before the Purchase

Inspecting for the Investment Decision

We started off doing small commercial inspections. As our clients' needs grew, so did our services and our desire to make sure that we were able to provide the information needed to help them make a decision when purchasing larger, more complex buildings. This led to the creation of Heartland Commercial Property Inspections. We have all received certification from CCPIA. Through CCPIA, we have a set of standards that focus on the needs of the client. We look at systems and based upon our observations, the clients receive important information that helps them create a cost analysis to determine if purchasing that property is worth it to them. This varies from the report that a bank will utilize called a PCA or property condition analysis. We found that our clients needed the inspection with CCPIA standards to better help identify potential issues that they could use for negotiation. This greatly helps our clients to know if they are making a good decision.

One Team for Complex Property Assessments

We have been contacted by commercial investors or companies that were looking to purchase a building and had a hard time finding a company that could do the job. Whether it was time frames or just the personnel to do the job, it was difficult for them to find a company to meet their needs. Not only do we have a dedicated team that have their own specialty, but we also have the ability to conduct Phase 1, environmental testing and sewer scopes while we are already there. This lessens scheduling issues for all parties and makes it more convenient for the seller. This also helps to make sure that deadlines are met as there is less to coordinate. Our team approach enables us to each work efficiently and quickly for less disturbance to a running business and faster report delivery times.

Prioritizing Issues Without Making the Decision

Our job is not to determine a client’s purchase decision. Each inspection is a detailed snapshot of that property at that period of time. We are able to help a client prioritize issues as to which would be more cost effective to repair sooner rather than later, but we do not make the decision for the client. The client knows what their budget is and what the company needs from the building. They combine that with the information from the inspection report to make their own decisions.

Bringing Environmental Concerns into the Full Picture

Environmental issues such as the Phase 1 and indoor air quality are becoming more of a concern/issue. People are increasingly aware that air quality can impact health and potentially create health issues. Medical offices need to make sure that there is no mold contamination in the building to protect patients. Being able to combine the inspection with any potential air quality testing and the Phase 1 means that the client gets all the information faster to let them have more time to figure out what their next step is. Whether it is walking away, more testing or a phase 2, our clients have the information they need. We want to make it clear that we do not make any decisions, we do not assess the risk for the company. What we do is gather as much information as the client wants/needs to enable them to make a fully informed decision.

Build the Foundation before Going Commercial

I do not recommend going right into commercial property inspections without having some experience under your belt. Do a couple of years of home inspections to get your process and reports down. Learn skills like air quality testing, sewer scopes, etc. Build your skill set and your reputation. Then, as you develop those skills, begin to take classes for commercial inspections. Go to CCPIA and learn how to do a property inspection. Use this time to create your own systems, reports and anything else you need.