If you've invested in a property in Contra Costa, CA, you've got a potential rental home.
But there's one factor that often frightens potential landlords. What happens if your tenants don't maintain the property well? What if your property naturally decays, and you have to take it off the market?
To address these issues beforehand, you'll need to consider rental property inspections. But how often should landlords conduct rental property inspections?
Here's what you need to know:
During Vacant Times
Before you collect your security deposit, you have to conduct a rental property inspection. Once your tenant hands over the deposit, they'll expect to move in immediately or as soon as possible.
What happens if you have a long gap between tenants? Let's presume you have a three-month vacancy period for your property.
You should consider having one rental property inspection every 30 days during this period. Even within three months, there could be issues with appliances. There can also be decay within your home's infrastructure.
During Occupancy
You can conduct rental property inspections even when you have a tenant. In your lease agreement, you should include a clause that asserts your right to come in for the inspection.
This is also a great way to check if your tenants are responsible. A rental property inspection can assess if any damage is due to a tenant's negligence or misuse. You can conduct a final rental property inspection just before your tenant leaves.
If you conduct regular rental property inspections, you can convince your tenants to renew their lease. They'll appreciate that you've taken steps to maintain the property.
What to Look For With Rental Property Inspections
Now let's look at what you should focus on with your rental property inspections.
The first property inspection can revolve around safety measures. Use this as an opportunity to check smoke alarms, door alarms, cracked walls, etc. You want to check that there aren't any safety hazards on your property.
The next inspection should focus on appliances and devices. You can check if the stove, washing machine, and air conditioner are working. You can also check if any devices, such as the TV or any SMART technology, are working.
The final inspection can concentrate on cleanliness. Any major hygiene problems can cause mold and asbestos to grow. This is also when you can assess if your tenant is negligible regarding sanitation.
Always work with a professional inspector who can guide you on how to tackle any potential issues.
Take Care of Your Property Maintenance
If you want to take care of your property, then rental property inspections are a must!
You can conduct inspections during vacancy periods. Make sure you make any repairs or renovations before collecting a security deposit.
Your lease agreement should also include a clause to allow inspections during occupancy. You can conduct inspections to assess cleanliness, safety precautions, and if appliances are working.
Sounds like a challenge? The next step is to hire a property manager to assist you. PMI Contra Costa has consistently positive reviews and is available to help you.
