Cars give bright warning signals for most problems, from low gas to engine troubles. Properties give more subtle signs of trouble, and landlords are responsible for finding them.
Regular inspections are the best way. They're an essential part of property management but can encroach on your tenant's privacy if they're done too often.
Read on to learn more about how often to perform rental property inspections and how to do them right.
Why Rental Property Inspections Are Essential
Inspections keep rental maintenance costs down. They allow for early detection of issues such as:
- Water leaks
- Mold
- Pest infestations
This prevents expensive repair bills. It helps maintain property value and can even increase it over time.
Keeping the property well-maintained with inspections also keeps tenants satisfied. It encourages existing ones to renew their leases and attracts new ones.
Types of Inspections
There is no single answer to how often you should perform rental property inspections, but there are certain times when they are recommended.
Always conduct inspections when tenants move in or out. Document any changes to the property from the beginning to the end of their stay. It's an essential part of property care. It's also necessary when determining if you have to return the tenant's security deposit.
Check on the property after any significant weather events, such as heavy rain or snow, and look for any signs of damage.
Try to stick to a schedule. Do a routine property inspection every three months and a comprehensive inspection once a year.
Legal Requirements
A tenant's unit is their home, and they have a right to privacy in it. Legal boundaries around inspections help protect this right.
Landlords in New York must give tenants notice within at least 24 hours of an inspection. There are no specifications surrounding when you can enter, but the recommendation is sticking to "reasonable hours." This means weekdays between 9 a.m. and 6 p.m. and Saturdays between 10 a.m. and 1 p.m.
Communicate clearly with tenants about the inspection's purpose. Let them know when you'll be coming into the property and for how long. Allowing them to stay in the property and watch what you're doing can prevent disputes.
Tips for Conducting Effective Inspections
Bring along a landlord inspection checklist. It'll help ensure you don't miss any important areas.
Document everything on the property. Take photos and make notes so that there's a record of everything.
When you're done, ask your tenants for feedback. Let them know about any follow-up actions you plan to take, such as repairs.
Hire a full-service property management company. They have the expertise to perform regular inspections effectively and efficiently without stepping outside the law.
Find a Partner for Property Inspections Today
Rental property inspections are key to maintaining properties and improving tenant satisfaction. Provide advanced notice to stay within the law. Note any problems so they can be addressed early. Having property management along with you makes the process easier.
Rooted Property Maintenance and Development removes all the hurdles to being a successful property owner. We'll help you find great tenants, maintain your property, and keep track of your financial records.
You'll make more money while also having more free time and less stress. Contact us to get started today.
