Using Drones To Investigate Real Estate Investments – Property Assessment Tricks for Investors in 2023

Below are some reasons you'll profit from using drones to review the investment.

Using Drones To Investigate Real Estate Investments - Property Assessment Tricks For Investors In 2023

It takes quite some time to inspect the property you want to invest in. Even so, it’s possible to miss out on essential factors such as the landscape and property surrounding the area along with aerial details of the building. With the evolution of modern technology comes a device you can use to examine the property in a way that was never before possible. Below are some reasons you’ll profit from using drones to review the investment.

After using drones to investigate a property, if you are ready to buy, click the link below to book a free strategy call to discuss financing options today.

Using Drones to See The Entire Property

Drones are devices you can control from ground level, to hover above the property and make videos or photograph it. These are small remote-controlled helicopters with cameras installed which help give you an aerial view of the entire property, as far or as close as you wish to see it. It should help inspect all the ways you can benefit from the surrounding property and neighbourhood as well. You can get a live view of the landscape from every degree and angle, front, back, and top.

Capturing the Entire Neighborhood

Sometimes you may miss out on useful attributes of the land surrounding the property, for instance, a nice beach or lake beyond a cluster of trees you couldn’t see around. Drones allow you to immediately view generous expanses of land apart from the architecture and acres of the neighbourhood. They also show great distances and help you estimate and judge the time and distance it would take, as well as the miles. Think of how much time it would save.

Judging the Condition of the Roof

What’s better than an instant, complete view of the top of the building without having to go and check it out? Drones are perfect for inspecting the condition and mapping of the roof and judge what aspect needs work, and which may be an asset. You can also immediately catch any damage or spots that need to be repaired. It is far less time-consuming and less dangerous than climbing it all the way. 

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Discovering Additional Property Features

Drones are the perfect way to quickly inspect the land surrounding the property and the whole landscape including yards, gardens, and lawns which may be advantageous, or could be made use of. Additionally, drones allow you to review the balconies, porches, driveways and discover potential problems or damages, including leaks or damage to walls. You can immediately point out any issues from ground level without having to move a muscle or waste time. This should help you make the right investment and deals.

Investors can save physical effort, a considerable amount of time and money using drones to capture high-quality images and videos of the investment property they want. Apart from being a convenient tool, drones also let you capture appealing aerial photographs of a 360-degree overview of the property which you can use for marketing and advertising for land sales. This recent phenomenon is an ideal way to optimize your inspections before you finalize your choice.

Note: Using Drones is Not Always an Option

While using a drone can be an excellent option when you are looking into buying a property, there are important considerations you need to know.

First, there are laws around where and when you can fly drones, record video and take photos. In Canada, the right to privacy is extended to any location where a person has a ‘reasonable expectation of privacy,’ this means that you cannot capture pictures or videos that show people in their homes or yards in any way that is not visible from the street. So, that means you cannot record footage or take pictures that show people’s backyards or into their homes.

There are also laws around where you are allowed to fly a drone due to airspace regulations. These laws can dictate where you fly, how high and whether you need a license to operate the drone to begin with.

Using a Drone Pilot

So, if you are unsure if you are allowed to fly or record in a certain spot, you may be better off hiring a licensed drone pilot to capture your footage. After all, while they already have experience using drones, they also know the laws and regulations.

Remember Using Drones Gives a Unique Perspective For Property Listings

If you are looking to sell a property, you may still want to look into using drones to record photos and videos to show off your listing. That way you can capture unique photos and videos that will help your listing stand out amongst the crowd.

So, if you are interested in learning more about using a drone to market or investigate a property, go out and find someone who has one and ask them to give it a try. Even if you do not prefer the result, drones are still plenty of fun so you have nothing to lose. If you like it, then go out and buy one. That way you can experience the difference that these wonderful tools can make for you and your investments.

After using drones to investigate a property, if you are ready to buy, click the link below to book a free strategy call to discuss financing options today.

Why Investors Should Bring A Drone When Buying An Investment Property, With Scott Dillingham