Did you know, as a landlord, you are responsible for keeping your property in good condition? Luckily, one way to do this is to conduct regular rental property inspections.
Property inspections can help you identify potential problems early on so you can fix them before they become bigger issues. They can also help you keep your tenants accountable for their upkeep of the property.
If you've never done property inspections, you might feel overwhelmed or unsure where to start. That's understandable, but it's no reason you shouldn't be scheduling any.
Keep reading if you're ready to start protecting your real estate investments. Here's what you should know about Orange Park, Florida, property inspections.
How to Implement Regular Rental Property Inspections
Regular rental property inspections are essential for catching problems early on, so it's important to have a set schedule and stick to it. You must also stipulate in the lease agreement that property inspections will occur throughout the tenant's occupancy.
You and the tenant should note the property's condition in writing when conducting an inspection. This will help in the future when problems are found that need fixing. The tenant must pay for the repairs if they weren't noted in the initial inspection.
What Should You Inspect?
As a landlord, it is essential to conduct regular property inspections to ensure your property is maintained in good condition. These inspections can help you identify potential problems early on so you can fix them before they become more significant issues.
They can also help you keep your tenants accountable for their upkeep of the property. Here are some property maintenance things you should include in your regular property inspections:
- The exterior: including the roof, siding, and windows
- The interior: including the walls, floors, and appliances
- The yard: including the landscaping and any pool or other amenities
- The tenant's lease compliance: i.e., keeping the property clean and making repairs as needed
How Often Should You Carry Out Inspections?
Now that you know more about rental property inspections, how often should you drop by? It might be tempting to do a random inspection every month or two, but this can invade tenant privacy and become a lot of work for you.
Instead, you want to schedule regular property inspection visits at least once a year. If you prefer, you can also schedule it twice a year or, at the most, every quarter.
Remember, you're still doing property inspections when the new tenant moves in and before they move out. You can also hire a property manager to do this for you.
Keep Your Property in Good Standing With Property Inspections
Conducting regular property inspections is an essential part of being a responsible landlord. Rental property inspections protect your real estate investments and ensure that your properties are always in good condition.
You want to do a property inspection when a new tenant moves in or an old one moves out. You also want to schedule property inspections at least once a year at most, once every quarter.
Contact one of our experts today if you're looking for a full-service property management company in Orange Park, FL.