The average landlord has three properties that they are solely responsible for. Half of these landlords manage their own properties without any assistance. This management becomes problematic as they try to expand their investments, such as buying apartment buildings.
Rental property inspections ensure that the tenant hasn't damaged the property in any way. It's also key for landlords to avoid lawsuits for unliveable conditions.
Here's how often a landlord should inspect their property and how they should go about doing so.
Rental Property Inspections and Frequency
An inspection goes hand-in-hand with rental property maintenance. It's important for a landlord to always know the current condition of their property just in case they need to make any adjustments or repairs.
The ideal rental property inspection timeline starts at different stages.
First, there's the move-in inspection. This happens before and shortly after a new tenant moves in.
Next, you'll do period inspections throughout the year as well as preventative maintenance according to your lease terms. This may happen a few times throughout the year depending on various factors such as weather conditions.
Lastly, you'll perform a move-out inspection after the tenant vacates the premises. This is to assess any potential damage to your investment and to decide how much, if any, to deduct from their security deposit.
One of the benefits of hiring property management is that you can outsource these tasks, which is especially helpful if you have a lot of properties.
Rental Property Inspection Laws
According to the law, a landlord is responsible for maintaining things like plumbing, roofing, windows, and various other structural components. However, they will need access to the building's exterior and interior to do so.
The landlord may enter their rental unit at any time for maintenance. However, they must give reasonable notice to the tenant and visit at a reasonable time.
A tenant cannot unreasonably withhold consent. The landlord cannot abuse the right of access or harass the tenant.
Rental Property Inspection Checklist
Before you perform your rental property inspection, it helps to have a checklist of areas and items you'll assess.
You'll want to look at the exterior and interior of the building for any signs of damage or stains. Check for signs of pests or infestations, and inspect the condition of electrical fixtures.
Next, look for problems in the kitchen, bathrooms, living areas, HVAC system, and plumbing. These are all areas that are included in the rental and are up to the landlord or property manager to maintain.
Keep Your Property In Top Condition
Rental property inspections are essential if you want to stay aware of any problems going on with your property. Tenants aren't always so willing to reach out to their landlords for minor issues, but minor things can become more serious over time.
PMI Tampa Bay provides property management services in the Tampa Bay area so you can rest easier. Our office is part of a nearly 20-year-old franchise that specializes in managing real estate investments. Contact us today to learn more and get a free rental analysis.