Landlords need to keep up with their property to ensure that it's in good condition and holding value. According to some industry experts, routine inspections should be done every three to six months.
There are several different types of property inspections that landlords and property managers should know about for their Las Vegas rentals.
Read on to learn more about these inspections, what they entail, and when you should do them.
A move-in inspection should be done by you (or your property manager) and the new tenant before they actually move into the property. This inspection allows the tenant to point out any issues they may find or notate items like broken appliances.
Create a thorough property inspection checklist for your move-ins. This will ensure that no stone goes unturned and that your tenant knows what to look for before they move in.
Always make sure that your tenant signs and dates the move-in inspection checklist. Provide them with a copy and take photos of any noted damage.
Move-Out Rental Property Inspection
Before your tenant moves out, it's crucial to perform a move-out inspection. These inspections should include a walk-through with you so you can physically see any problems in person.
Remember to perform these inspections the day your tenant plans to move out. If you do it too early on, the tenant could cause more damage that you weren't aware of on inspection day. They might also claim that they did not cause the damage if it wasn't noted on the inspection form.
Getting a move-out inspection helps you document damage so you can take the cost of repairs out of the deposit. It also shows that you and the tenant made note of any issues in good faith before they move out.
Routine Landlord Inspections
An important part of smart investment and ownership is to make sure that your property remains in good condition. Regular routine inspections can help you achieve this goal.
It's up to you to determine how often you plan to do these types of inspections. Every few months tends to be the standard, but it may depend on you and your tenant's availability.
Performing these routine inspections also gives your tenants a chance to point out any issues or problems they experience. It also builds confidence and trust in you as a landlord. Just make sure that you always give prior notice before performing any interior inspections.
You can also drive by your property to do a quick check of the exterior condition. You don't have to notify tenants about these inspections in advance. This is a great way to look for any exterior issues.
Keep Up With Your Property
Whether it's for moving in, moving out, or just as routine, these inspections for landlords will ensure your property stays in great shape. Always use a property inspection checklist and have your tenants sign them when the inspection is complete.
If you need help with property management for your Las Vegas rentals, contact the team at Avalon Realty and Oaktree Management today.