Experienced investors know that a lot can happen to a rental property between tenants. If the only time you walk through your rental is during the move out inspection, you’re doing yourself and your investment a disservice. Take it from the property management leader: you don’t need to stay in the dark. Periodic property inspections inside and out shed light on the situation so you can ensure your property remains well-maintained. Here at Real Property Management, we offer our owners routine property care assessments conducted by qualified personnel.
Here are the 5 steps to successful property inspections.
Plan and Schedule Inspections
Put together a preventative maintenance schedule for quarterly or semi-annual inspections. This will ensure you’re reviewing the property annually.
Communicate the schedule to your tenants at lease signing so they know when to expect these inspections. Take photos of the property at move-in and make sure the tenants are aware that the property care and lease compliance will be reviewed during inspections.
Notice of Inspections
Provide advance notice to the tenants prior to your inspection. With enough notice, tenants will be happy to have issues proactively addressed.
Assess needed preventative maintenance for the exterior, plumbing, furnace, water heaters, air conditioners, and other mechanical systems and appliances. Take photos of areas needing attention. Proactively attend to any item needing repair before it becomes more serious and costly.
Ensure lease compliance regarding the number of residents, number and types of pets, smoking, etc. This can be done discreetly and professionally if you address any concerns in writing at the end of the inspection.
Tenants are more likely to care for the property when they see that you care for the property. Regular property inspections are part of that process. If you are not conducting inspections in compliance with all regulations, it’s time to start protecting yourself and your tenants. Your Real Property Management team can do this for you. We’ll provide detailed inspection reports and photos uploaded to your owner portal. Put our experienced team and proven process to work for you.