The Realty Solutions Group is a property management company serving Alexandria and Northern VA. Today we are talking about inspections and how you can best manage those inspections in order to protect your rental property. There are a number of different inspections that you’ll conduct before, during and after the lease period.
Move In and Move Out
It’s important that move in and move out inspections are performed at the beginning and end of a rental relationship. It can mean the difference between landlords keeping all or part of a security deposit to pay for damages left behind by the tenant. If you don’t conduct your inspection properly and return the security deposit within the legally allowed timeframe, your tenant will be able to take to court and sue you for the return of the complete deposit and even three times that amount in additional damages. Make sure your inspections document and compare the condition of the property at each period.
Conducting routine inspections of your property every six months will ensure that the property is safe and clean. It will also be a good opportunity for you to make sure the tenants are abiding by the terms of their lease. If you don’t inspect regularly, you’ll have no idea what’s going on at your property and you will lose control of its condition. Check for problems while you’re in the house. For example, if a tenant has pulled a door off its hinges, you’ll want to address that. If there’s a leaking faucet, fix it immediately so it doesn’t become an expensive plumbing problem. If you notice any issues during this routine inspection, schedule a follow up inspection so you can be sure the problems are taken care of.
Drive By Inspections
Another valuable tool is the drive by inspection. You don’t need to notify your tenant to schedule in advance. You simply drive past the property and observe what’s going on there. It’s a good way to see if there is anything that you should be concerned about. Perhaps you’ll see pets running around that aren’t permitted or on the lease. You can also see if the home is being maintained and the yard kept up. If you see anything that you don’t like, you can notify the tenant in writing that you’d like to schedule a regular inspection of the property.
Inspections are important in preserving the value of your property and taking care of preventative maintenance. If you have any questions about how or when to conduct inspections, please contact us at The Realty Solutions Group, and we’d be happy to help you.