If you are a landlord, you probably know that it is necessary to invest a lot of work and effort in order to keep your property in optimal condition. This is especially true in cases where your tenants change frequently, so it is important to make a cross-section of the situation between the tenants in order to be familiar with the general condition of your property. Because of this, it is a great idea to conduct a property inspection to find out if there is any material damage that you need to repair, and also to be able to optimally prepare the living space for future tenants. There are a few important things that all landlords should be aware of when it comes to property inspections. And you can read more about that in the rest of the article.
1. Property inspections are equally important for landlords and tenants
The first thing you as a landlord need to know about property inspection is that this process is equally important for both parties: for you and for future tenants. This procedure is important because it allows someone to inspect all parts of your house or apartment in detail and inform you of any breakdowns, damage, and other problems that need to be resolved before the tenant moves in. This allows you to get a better picture of the general condition of the property you own and do whatever it takes to get it in order on time.
On the other hand, a property inspection is a great thing for tenants as well because it ensures that the landlord is aware of all issues related to his or her property and removes them before the tenants move in. This eliminates potential disagreements that would arise if tenants notice certain breakdowns, and the landlord does not know if they were there before or are the result of improper actions by new tenants. Property inspection provides greater clarity and prevents unpleasant situations.
2. It should be done before the new tenants move in
The right time for you as a landlord to inspect the property is before the new tenants move in. The goal of this whole process, in addition to gaining insight into the condition of the property, is to fully prepare it for the people who will live there and ensure that the price you put on it is completely realistic. That is why it is always necessary to carry out this process on time. In addition to being able to report property status to new tenants, you will also prevent embarrassing situations that could arise if you decide to inspect the property after the tenants move in. This could violate their privacy and generally be much more complicated than it needs to be. Do your best to complete this process as soon as possible and prepare everything in the best way for your new tenants.
3. You need to hire someone who is reliable
First and foremost, if you think you can inspect the property yourself, we advise you to give up on the idea immediately. It is necessary for this process to be performed by someone who is an expert in that field and who will with great certainty detect all damages and malfunctions that have occurred. While you may think you can do it yourself, unless you’re familiar with this area, we suggest you skip it and leave it to someone who knows what they’re doing.
Secondly, it is necessary to find someone who is reliable and has experience in this business. The last thing you want is to pay for a property inspection, only to end up with tenants complaining about problems with your apartment. And all because someone didn’t do their job diligently. If you are looking for professionals who perform property inspections you can read more about it at www.house-inspections.com.au.
4. A property inspection can help you get off to a great start with your tenants
At the end of each property inspection, the landlord receives a report on its condition. You can (and should) submit the report to your future tenants, to show them that the property is in good condition, as well as that you are aware of the problems you need to solve before they move in. This will help you get off to a great start with your tenants and build mutual trust right away. And this can be the beginning of a great collaboration that will last until the tenants move out of the house or apartment you own. You should not neglect the value of such acts, because, by submitting a report on the inspection of the property, you show how much you value your property and that you expect the tenants to treat it adequately.
5. Certain breakdowns and property problems can be detected only by tenants
Although a property inspection reveals most breakdowns and property issues, you should be aware that sometimes this is not the end. This means that in certain situations, some damage can be discovered only after someone lives in the apartment for a certain period of time. Because of this, in most cases, tenants are given the opportunity to report problems with the property that need to be resolved in the first two weeks or a month of their lease. And you as a landlord should take responsibility for them. Situations like this are completely normal and you just need to show that you are okay with it and that there is trust between you and the tenant.
All landlords should be aware of the importance of property inspection. This process enables gaining insight into the general condition of the property, as well as all malfunctions and problems that need to be eliminated. It is necessary to conduct an inspection before the tenants move in and hire someone who is reliable and experienced enough in this field. At the end of the property inspection, the landlord receives a report that he or she can submit to the tenants. This is a great way to remove doubts about the condition of the property, as well as to show that the landlord is aware of all the issues that need to be resolved in time. All of this helps the landlord get off to a great start with the new tenants and has a great collaboration while they are living in landlord’s apartment or house.