Wednesday, 31 December 2014

The Importance of Regular and Organized Property Inspections

The implementation of a regular inspection process during the tenancy is an item that many landlords overlook. However, this is an important part of the tenant cycle.

We conduct thorough and standard property inspections at our managed rentals throughout each tenants rent cycle. 

Doing this helps us a great deal in the overall management process of a property. Here are a couple of reasons the inspection is valuable and a few things you can do to have a successful inspection process.

A regular, in-tenancy property inspection is key for two reasons:

1) It keeps you fully informed of the property condition so you can anticipate needed repairs.
2) It shows the tenants that they will be held accountable for the properties condition during their tenancy.

There are many ways to handle the property inspection. We suggest you have a full inspection three times per year. It is best to conduct the in tenancy inspection the same way you would handle the move in.

By full inspection, we mean a detailed, logical, formal and consistent procedure. It is important that you establish a set time with the tenant and make sure that they know that you will be taking photos. Then, you basically handle the in-tenancy inspection the same way you would handle the move-in inspection.

For help regarding how to conduct the in-tenancy inspection, you can read our Move in Inspection  tips or check out the RPM YouTube Move In Video.









No comments:

Post a Comment