Inspections
should not be dreaded by Phoenix investment property owners, and instead
should be looked upon as a time to make improvements on your property. It can
be a way to make more money, make your properties safer, and even spread out
costs. For do-it-yourself landlords, it can be hard to know exactly what you
are looking for when conducting inspections, so we have put together some tips
from the Phoenix property management pros.
Inspection Musts From The #1 Phoenix Property Management Company RPMWV Phx:
Placing
property inspections or reviews on the back burner is doing a disservice to
yourself, your tenants, and your property. It’s not safe, and in many
cases, it isn’t legal. One of the
reasons we have become a leader in the Phoenix property management industry is
because we take the time to carefully check the property during routine
inspections for issues that can easily escalate.
Not
sure what to look for? Cover your basics:
●
Plumbing
issues: check for noticeable leaks or cracked pipes; replace
faucet washers as needed.
●
Appliances:
verify the water heater, furnace, air conditioner, and any other major
appliances supplied by you are in working order
●
Maintenance
and Repairs: be proactive about small things now before they
turn into big things later
●
Ensure
lease compliance: Don’t allow pets? Limited to a certain
number of occupants? Smoking banned inside the home? Verify that the rules laid
out in the original lease are being followed by the tenants.
During
the property review, take note of any new damage done to the property, and
document it with pictures. Any issues that are discovered need to be addressed
in writing when the review is complete. From there, you can work on ways to
solve the issue - whether that means you are going to require cooperation from
your tenant or you need to hire a professional to fix something.
If you don't live local or don't feel comfortable conducting a property inspection, full service property management is a great option as inspections are typically part of the services they provide. RPMWV Phoenix, for example performs routine inspections in which detailed pictures and inspection reports are provided to the Phoenix property owner. Additionally, RPMWV Phx takes a proactive approach in requiring tenants to repair any tenant caused damages discovered through the inspection process, then re-inspects and provides those photos to the owner as well. The inspection process helps to mitigate move out costs to the property owner and gives both local and out of state owners the ability to truly see how the tenants are caring for the property.
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