As a landlord, one of your top priorities should be keeping your tenants safe and comfortable. That’s why it’s essential to conduct rental property inspections. Whether you’re a first-time landlord or a seasoned investor, learn how to keep your investment property in tip-top shape here.
WHAT IS A RENTAL PROPERTY INSPECTION?
A rental property inspection is the process by which a landlord or property manager assesses the property’s overall condition and identifies any repairs that need to be made. Inspections include checking the property’s systems, such as plumbing and electrical, as well as its interior and exterior. A property inspection ensures that it is safe, habitable, and complies with all local and state laws. Additionally, the inspection can help identify any issues that should be addressed to maintain the property’s value and keep tenants happy.
4 TYPES OF RENTAL PROPERTY INSPECTIONS
Move-in inspection
A move-in inspection ensures that both the landlord and the tenant are aware of the condition of the rental property before the latter moves in. During this inspection, the landlord or property manager will thoroughly evaluate the property and document any damages, wear and tear, or existing issues. The tenant will then verify and validate the inspection report’s accuracy, noting any inconsistencies. Both parties must sign the report, acknowledging the state of the property at the start of the lease.
Move-out inspection
This inspection takes place after the tenant has moved out and is used to assess the condition of the property after the lease has ended. The landlord or property manager will conduct the inspection and compare the results with the move-in inspection report. Any damages or issues not present during the move-in inspection will be documented and repairs or cleaning will be required before the tenant’s security deposit is returned.
Routine inspection
A routine inspection is a proactive approach to maintaining your rental property’s condition and keeping your tenants happy. This type of inspection should be performed every three to six months to detect any maintenance issues before they become major problems. By identifying and addressing problems early on, you can save yourself time and money in the long run.
Routine inspections help to maintain the property’s value and extend its lifespan. This is also meant to build a positive relationship between you and your tenants by demonstrating your commitment to their safety and comfort.
Drive-by inspection
Drive-by inspections are less intrusive ways for landlords to inspect rental properties without disturbing tenants or notifying them. During this inspection, the landlord drives past the rental property to look for signs of damage or neglect, including overgrown landscaping, trash, or debris. It can also be an opportunity to check if tenants are following any rules regarding the exterior upkeep, such as maintaining a clean yard or not parking in non-designated areas. This type of inspection can be conducted periodically throughout the lease term to ensure property maintenance.
If you’re a landlord in La Quinta or are interested in investing in La Quinta rental properties, work with trusted La Quinta Realtors to help you through the process. And if you’re looking for homes for sale in La Quinta, CA, make sure to conduct thorough inspections to guarantee you’re making a wise investment. Contact Kathleen O’Keefe Galigher – one of the most reputable real estate agents in La Quinta who can help you make your real estate venture a success. Call her at 760.567.7822 or leave a message here.