Posted on: 6 July 2020
Do you own rental homes? If so, you may find it overwhelming to take care of all of the duties if you are a sole proprietor. One of the biggest challenges you face is likely managing the properties you own. This may mean that some of your existing tenants are getting away with doing questionable activities. Some of them may even be violating their leases on a daily basis.
One issue that comes to play when renting multiple homes is ensuring that the properties are safe and in good condition. There are a number of inspections that can be performed for this purpose and more. The following are a few examples of home inspections that a third-party could perform on your behalf to assist with your property management efforts.
This type of inspection is performed prior to leasing a property. The inspector can provide details of issues if any. This will allow you to ensure that all known issues with the property are repaired prior to allowing tenants to move into the property. You will likely conduct a walk-through with potential tenants, and you can also allow them to do this with the inspector. This will allow them to identify anything that concerns them. Move-in inspections are ideal because they protect your status as a landlord.
A move-out inspection is important because the inspector can determine if there are any damages that were not present at the move-in. The move-in inspection report can be used as a guideline. Move-outs usually involve a security deposit return. This is why it is important to inspect the property when a tenant is planning to move-out. Damages can be deducted from the security deposit.
General Home Inspection
These types of inspections will ensure that your properties are safe. Inspectors will check for safety issues such as the electrical and plumbing systems. Checking for pests such as termites that can cause property damage will likely be included as well. If your rental properties include appliances, ensure that you or the inspector checks to make sure that all of the appliances are in full working order. Tenants could damage an appliance and make claims that it was in that condition when they moved-in.
A home inspection service is an excellent resource to use for inspecting your rental properties. They can inspect your existing properties as part of your property management strategy. They can also perform general home inspections on properties you have an interest in purchasing.
To learn more, reach out to a local home inspection service.Share