Imagine, you're a property owner who has rented out one of their homes to tenants who have been there for years. You haven't looked at the property since they moved in. When they finally move out, you go to inspect it and find nothing but a disaster. Your property is completely destroyed.
Now, do you see how important rental property inspections are? As a landlord, inspections should be written into your lease agreement. They not only keep your property in better shape, but they also protect you and your tenants as well.
The tenants renting your home want a landlord they can trust to do all safety inspections and needed repairs to their property. You, as a landlord, want to be able to trust your tenants. Let's look at how often those rental property inspections should happen.
How Often Should Inspections Be Done?
One of the most asked questions is how often should a landlord or management company be doing inspections. This depends on the lease agreement. Typically the agreement states how often a tenant can inspect an inspection.
Most of the time these inspections are done once a year. This allowed the landlord to do property maintenance and to see what needs more attention. These inspections done once a year helps keep both the landlord and the renter honest with one another.
Always double-check to see what your lease agreement with your renters says.
What Is the Reason for the Inspection?
A question often asked is what is the purpose of a routine inspection? It differs from a safety inspection. The landlord isn't looking to make sure that everything is working correctly.
During an inspection, the landlord typically looks to make sure that there is no damage being done to their property. An inspection makes sure that the lease agreement is being abided by. It also gives the landlord a general idea of anything that needs to be fixed or taken care of.
Who Can Enter the Apartment?
While the landlord and management company take care and retain ownership of the property, keep in mind that the renters have rights. Landlords cannot enter a domicile unless it is stated in the lease agreement. This is the reason that property inspections are so important.
It is an agreed-upon document that allows both parties the assurance that everything in their agreement is accurately being respected on all accounts.
Rental Property Inspections Are Important
Property maintenance is just as important as doing rental property inspections. Keep your rental property up to date for you and your tenants. Be sure to conduct those inspections and take care of any problems that may arise.
Take steps to ensure your rental property is safe for your renters and that your property is being taken care of.
Looking for more information on how to maintain your property? Our management company will give you a hand with that. Let us know what we can do for you by contacting us for more information.