Owning an investment property is a great way to bring in passive income. Around 10.3 million people in the country own rental property. One of the key components of being a good landlord is keeping your units in good condition.
Rental property inspections are an effective method to monitor the condition of your property. They're considered routine procedures for landlords to follow while they have tenants living on their property. However, there are some things you need to keep in mind when conducting property inspections.
This guide will discuss how often you should be doing rental property inspections. Monitor the condition of your property while being mindful of your tenant's privacy.
How Often Can I Do Rental Property Inspections?
There is no set rule for how often you can conduct property inspections. There are three things you'll want to consider when scheduling one:
- Your tenant's privacy
- Your level of professionalism
- Why you're inspecting the property
Most states don't have limits on how many inspections you can do throughout the year. Property managers and landlords can't enter a property without giving the tenant notice of the inspection. Notices should typically be issued at least 24 hours in advance.
Their Right to Privacy
Tenants have a universal right to quiet enjoyment and privacy. Inspecting your property too often can infringe on this right.
While your tenants don't own the apartment or house they live in and can't deny you entry, you also can't go into the property whenever you want to. If you feel you're being excessive in the number of inspections you're conducting, you probably are.
Your Relationship With the Tenant
Your tenant likely won't appreciate it if you schedule back-to-back inspections throughout the year. This applies to situations where landlords have good relationships with their tenants.
It's important to be professional when scheduling property inspections. Let them know what you'll be inspecting and how often. Make sure each inspection is done quickly so your tenant can maintain their privacy.
Reasons for Inspecting a Rental Property
Most landlords inspect a property when a tenant moves in and out. They do this to see if their tenant left the rental unit in suitable condition for the next resident. It's also a key step in determining how much of their security deposit they get back.
Other reasons why you might want to conduct a rental property inspection at other points in the lease include:
- Evaluating if the property is in good condition
- Checking to see if there are any damages
- Looking for leaks in the bathroom or kitchen
- Replacing batteries in smoke and carbon monoxide detectors
Partner With an Experienced Property Management Company
Rental property inspections are an important part of being a landlord. Protecting your investment is key to your bottom line. There is a fine line you have to follow between ensuring your property is in good condition and respecting your tenant's privacy.
Home River Group provides comprehensive property management services. We work with landlords in Alabama, Arizona, Texas, and beyond. Contact us to learn more about our services.