What most investors overlook during property handover
Ignoring the snag list is the biggest mistake an investor can make for long-term ROI. I'm based in Dubai, so I can't conduct site inspections personally for properties like JMS Prime Land. My concern is how initial construction quality impacts future maintenance costs and tenant retention. Minor issues, like poor fittings or potential seepage, often become significant expenses, eroding rental yield and resale value. For those of us investing remotely, how do you ensure a truly thorough snagging process? I typically provide detailed instructions to a third-party inspector, focusing on structural integrity and critical systems, not just cosmetic flaws. What are the key checks you recommend for a remote investor? Is a professional snagging service a worthwhile investment for mitigating future problems? Your insights on post-possession quality are invaluable.
Comments
Exactly! Snagging is a nightmare for first-timers like us. How do you even know what's a 'minor' issue versus a 'major' one? The original post makes so much sense.
Sahi kaha. Mere dost ne ek property li thi Baharampur Naya mein, builder ne tiles hi aise laga diye ki ab baarish mein seepage ho rahi hai. Post-possession service ke naam pe zero. Isiliye I'm also very worried about JMS Prime Land, especially with their December 2