The best property management firm will make it a habit that they conduct regular property inspections without fail. Homeowners would be under the impression that things are going on smoothly as long as the rent is paid to them on time and there aren’t any complaints. But most of them have no idea how much damage certain tenants can cause to the property. Here’s how property managers perform inspections.
1. Inspections will be performed right before the tenants move in. Property managers will accompany the tenants while touring around the house & submit the inspection report. Documentation such as inspection reports are required to make sure that no disputes arises when tenants stay.
2. Property management firms would inspect the property at least twice in a year, with an interval of six months between inspections. Everything from locks and appliances to plumbing and electrical will be inspected by them. Tenants will also be notified 24 or 48 hours prior to performing inspections or as per state regulations.
3. Property managers would also inspect the exteriors of property on a quarterly or monthly basis. Most of them would drive by the house to make inspections, without disturbing the tenant. Apart from this, a full scale inspection will also be conducted once in a while.
4. As per your requirement, property management firms would also send you sample copies of inspection reports for reference.
To keep your property in top shape, property inspections are crucial. In this way property management firms will ensure that your property remains attractive to prospective tenants in the future.