As a property owner, it is always prudent to hire property managers who will assess the condition of your assets regularly. Failure to do so might cause serious problems, such as being left with broken appliances, which would adversely affect the overall condition of your property. The ultimate result could be a potential decrease in its value, which could compel you to lower your rental rate.
So, what types of rental property inspection should your prospective property manager perform? Read on to find out.
This type of inspection is performed unannounced when the tenant least expects it. The assessor observes the exterior parts of the property and looks for any lease compliance concerns. These issues may include smoking within the property when it’s prohibited or having restricted animals in the building. If the assessor from the rental management company in Denver notices any irregularities, they will immediately inform the tenant in writing that they are violating their lease agreement, as well as schedule an interior inspection.
This is done when a new tenant is moving in. It serves to document the condition of the house before a new lease agreement has been signed. Smartphones or cameras may be used to take records and images of every room. This way, a property manager will not forget any detail regarding the state of the property before a new tenant moves in.
This is an essential type of assessment that must be done on a regular basis to ensure that the property is well maintained and clean. During the inspection, your property manager will assess the building for any damages and maintenance issues that require immediate action. This form of examination helps the managers fix the damages before they become extensive and keeps the maintenance costs low.
When a tenant is moving out, your property manager will perform a final inspection to note any damages that the renter caused during their occupancy. Photographs should be taken as evidence of any changes in the property. An inspection report should be signed by both the property manager and the tenant.
Inspections are important in preserving the value of rental properties. They help keep the damages at a manageable level, which allows owners to maintain the proper condition of the entire building. These inspections also help ensure that a tenant complies with the lease agreement.