5 Most Important Things to Look for When Walking an Investment Property

When you’re walking through an investment property, it’s easy to get caught up in the potential. But as someone who’s been involved in over $100 million in real estate transactions since moving to Kern County in 2008, I’ve learned that a few key details can make or break a deal. Here are five of the most important things I look for:

1. Foundation and Structure

Cracks in the walls, uneven floors, and sticking doors can signal major foundation issues. These repairs aren’t always deal-breakers, but they can be costly—so make sure you factor that in before making an offer.

2. Roof Condition

A roof that’s near the end of its life can cost thousands to replace. Look for missing shingles, signs of water damage, or sagging. I always ask myself, “Will this roof make it another 5-10 years?”

3. Plumbing and Electrical

Old, outdated systems can be a safety hazard and often need to be brought up to code. Turn on lights, run faucets, flush toilets—make sure the basics work, even on your first walk-through.

4. Layout and Flow

You can’t change the location, but you can often improve the layout. A choppy floorplan might turn off future buyers or renters. I try to visualize low-cost improvements that could open up the space.

5. Neighborhood Trends

Finally, always look beyond the property. Are homes in the area being renovated or sitting vacant? Growth in the neighborhood often means better long-term value.

I’ve walked hundreds of properties across Bakersfield and Kern County. When you know what to look for, you can quickly decide if the home is a diamond in the rough—or one to walk away from. 

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