Would you buy a property without viewing in-person?

[Adam Butt]

As quoted by some of the great titans throughout history, time is the most valuable asset that people possess. Time spent on viewing and maintaining a property can be leveraged towards finding your next deal and building more passive income. Given the growth of technology, the world has become a smaller place where we can communicate with people across different time zones on demand and build our network. I am conducting research to investigate how technology can be utilised for streamlining the due diligence and buying process from the comfort of our homes/offices. I’d like to leave you with this question and kindly request your thoughts: Would you consider submitting an offer for a property located in another part of the world without physically viewing the property, but instead using tools such as your devices to conduct virtual tours and local representatives to validate the property?

[Alpesh Parmar]

I would and I do buy the properties without seeing but I have my team looking at the property. Once offer is accepted, I hire a solid inspector to inspect the property. I always have inspection contingency if I haven’t seen the property. Also, got an insurance quote to get an idea on what it would cost to insure.